ABS - DRINKS
Open bankruptcyA bankruptcy procedure is open for ABS - DRINKS according to publications in the Belgian State Gazette; curator: DEBORAH ES.
Summary
The 2020 annual accounts show negative equity (-€120,779) and a net result of -€43,067.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Leuven
- Declared bankrupt
- 7 July 2022
- Supervising judge
- Gust Vriens
- Official Gazette
- 14-07-2022 (pdf) ↗search the document for 2022/127714
Deadlines
- Provisional date payments stopped
- 7 January 2022Moved back by judgment of 9 February 2023. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 29 July 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 August 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 August 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 7 July 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Deborah EsKraasbeekstraat 41, 3390 Tielt (Bt.)deborah.es@advocatenhageland.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Retail sale of beverages, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
-€120,779▼ 55.4%
2019 · -€77,711
Total assets
€199,081▼ 19.1%
2019 · €246,099
Net result
-€43,067
2019 · €17,046
Working capital
-€104,386▼ 46.7%
2019 · -€71,136
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€219,896-€20,749▼ 90.6%-€39,241
Net result€205,425-€17,046▼ 91.7%-€43,067below the sector's middle half
Equity-€94,758--€77,711▲ 18.0%-€120,779below the sector's middle half▼ 55.4%
Total assets€352,792-€246,099▼ 30.2%€199,081within the sector's middle half▼ 19.1%
Debt€447,550-€323,810▼ 27.6%€319,860▼ 1.2%
Working capital-€98,000--€71,136▲ 27.4%-€104,386below the sector's middle half▼ 46.7%
Solvency-26.9%--31.6%▼ 4.7pp-60.7%below the sector's middle half▼ 29.1pp
Current ratio0.76-0.76▼ 0.010.64below the sector's middle half▼ 0.12
Return on assets (ROA)58.2%-6.9%▼ 51.3pp-21.6%below the sector's middle half▼ 28.6pp
Staff (FTE)3.9-3.7▼ 5.1%2.9above the sector's middle half▼ 21.6%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €39,241 after €20,749 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €199,081
Fixed assets
€15,068 ▼ 39.5%
Current assets
€184,014 ▼ 16.8%
Key figures and ratios
EBITDA
-€29,424▼
2019 · €30,567
Cash flow
-€33,250▼
2019 · €26,864
Quick ratio
0.51▼
2019 · 0.61
Debt to equity
-0.26▲
2019 · -0.40
Debt ≤ 1 year
€288,400▼
2019 · €292,350
Debt > 1 year
€31,460=
2019 · €31,460
Income taxes
€75▼
2019 · €305
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,118 | €9,818 | €9,818 | = |
| Gross operating margin9900 | €397,214 | €163,433 | €38,109 | ▼ 76.7% |
| Operating profit (loss)9901 | €219,896 | €20,749 | -€39,241 | ▼ 289% |
| Recurring financial income75 | €119 | €6 | €22 | ▲ 261% |
| Recurring financial charges65 | €14,285 | €3,404 | €3,773 | ▲ 10.8% |
| Profit (loss) for the period before taxes9903 | €205,730 | €17,351 | -€42,993 | ▼ 348% |
| Income taxes67/77 | €305 | €305 | €75 | ▼ 75.5% |
| Profit (loss) for the period9904 | €205,425 | €17,046 | -€43,067 | ▼ 353% |
| Profit (loss) for the period to be appropriated9905 | €205,425 | €17,046 | -€43,067 | ▼ 353% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €352,792 | €246,099 | €199,081 | ▼ 19.1% |
| Fixed assets21/28 | €34,703 | €24,885 | €15,068 | ▼ 39.5% |
| Tangible fixed assets22/27 | €34,703 | €24,885 | €15,068 | ▼ 39.5% |
| Current assets29/58 | €318,089 | €221,214 | €184,014 | ▼ 16.8% |
| Stocks and contracts in progress3 | €77,567 | €42,887 | €35,760 | ▼ 16.6% |
| Amounts receivable within one year40/41 | €183,981 | €162,194 | €132,362 | ▼ 18.4% |
| Cash at bank and in hand54/58 | €51,542 | €14,467 | €15,891 | ▲ 9.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €352,792 | €246,099 | €199,081 | ▼ 19.1% |
| Equity10/15 | -€94,758 | -€77,711 | -€120,779 | ▼ 55.4% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€115,218 | -€98,171 | -€141,239 | ▼ 43.9% |
| Amounts payable17/49 | €447,550 | €323,810 | €319,860 | ▼ 1.2% |
| Amounts payable after more than one year17 | €31,460 | €31,460 | €31,460 | = |
| Amounts payable within one year42/48 | €416,090 | €292,350 | €288,400 | ▼ 1.4% |
| Trade debts44 | €289,745 | €128,596 | €145,636 | ▲ 13.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €205,425 | €17,046 | -€43,067 | ▼ 353% |
| + Depreciation and write-downs630 | €13,118 | €9,818 | €9,818 | = |
| Operating cash flow (approximation) | €218,543 | €26,864 | -€33,250 | ▼ 224% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€37,075 | €1,425 | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
06-06
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Leuven · event 30-05-2025
2023
15-02
Bankruptcy
Date of cessation of payments moved back
Ondernemingsrechtbank Leuven · event 09-02-2023
2022
14-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 07-07-2022
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
2020
31-12
Financial
Weakest financial yearnet -€43,067
Net result drops to -€43,067, the lowest in the series.
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 143 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 64 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
24-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 55 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
13-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 74 days late
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
10-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 71 days late
2012
25-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 56 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
2 establishment units since 2003
Ground area
1,560 m²
Building footprint
1,215 m²
Volume, LiDAR
5,640 m³
Parcel 24126C0038/00D002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ABS DRINKS
since 20032.123.249.331
B&S Drinks
since 20112.199.650.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126C0038/00D002 | Flanders | 1,560 m² | 1 · 1,215 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DEBORAH ES KRAASBEEKSTRAAT 41, 3390 TIELT (BT.)- |
07-07-2022 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerent2.123.249.331
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 256 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
47110Non-specialised retail sale with food, beverages or tobacco predominating
47621Retail sale of newspapers and periodicals
47789Other retail sale of new goods
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.