Advance Construct
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 29 September 2025
- Official Gazette
- 03-10-2025 (pdf) ↗search the document for 2025/139748
Deadlines
- Provisional date payments stopped
- 29 September 2025A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 18 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 29 October 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 7 November 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 29 September 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustees
- Kris GoemanLeopoldlaan 15, 9200 Dender- Mondeinfo@advoconsult.be
- Juul CreytensLeopold- Laan 15, 9200 Dendermondejuul.creytens@advoconsult.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Landscape service activities
NACE 81300
1 site
Size
€198,863total assets 2024
- Equity
- €719
- Profit
- €219
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
- BAEYENS TomDirector
Signalsraises riskOpen bankruptcyWeak solvency vs sectorYoung company2024 accounts filed 29 days lateShow the evidence
Signals
Four signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1080 sector peers (2024).
NBB · sector comparisonPosition among 1080 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 29 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Ghent, Dendermonde…
- Annual accounts filedfinancial year 2024 · abbreviated…
- IncorporationAppointment: BAEYENS Tom (director) ·…
Financials · financial year 2024, abbreviated format
2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00464729.
Equity
€719
Total assets
€198,863
Net result
€219
Working capital
€2,344
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Equity and liabilities €198,863
Equity
€719
Debt
€198,144
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,633
Cash flow
€2,395
Current ratio
1.01
ROA
0.1%
Interest coverage
15.38
Debt ≤ 1 year
€196,519
Income taxes
€475
Equity ratios withheld: equity of €719 is too small for a meaningful ratio.
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,176 |
| Other operating charges640/8 | €945 |
| Gross operating margin9900 | €3,577 |
| Operating profit (loss)9901 | €456 |
| Financial income75/76B | €408 |
| Recurring financial income75 | €408 |
| Financial charges65/66B | €171 |
| Recurring financial charges65 | €171 |
| Profit (loss) for the period before taxes9903 | €693 |
| Income taxes67/77 | €475 |
| Profit (loss) for the period9904 | €219 |
| Profit (loss) for the period to be appropriated9905 | €219 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €198,863 | |
| Current assets29/58 | €198,863 | |
| Amounts receivable within one year40/41 | €185,839 | |
| Trade receivables40 | €144,608 | |
| Other amounts receivable41 | €41,231 | |
| Cash at bank and in hand54/58 | €13,024 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €198,863 | |
| Equity10/15 | €719 | |
| Contributions10/11 | €500 | |
| Reserves13 | €219 | |
| Distributable reserves133 | €219 | |
| Amounts payable17/49 | €198,144 | |
| Amounts payable within one year42/48 | €196,519 | |
| Trade debts44 | €191,363 | |
| Suppliers440/4 | €191,363 | |
| Taxes, remuneration and social security45 | €4,178 | |
| Taxes450/3 | €1,178 | |
| Remuneration and social security454/9 | €3,000 | |
| Other amounts payable47/48 | €978 | |
| Accrued charges and deferred income492/3 | €1,625 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €219 |
| + Depreciation and write-downs630 | €2,176 |
| Operating cash flow (approximation) | €2,395 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00464729 |
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Of the 21,110 active companies whose main activity is landscape service activities (NACE 81300), figures are known for 4,473. 425 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2023
BAEYENS Tom
CurrentDirector · since 27-12-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2023, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| BAEYENS Tom |
|
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Trustee | Kris Goeman Leopoldlaan 15, 9200 Dender- Monde |
29-09-2025 → present |
| Trustee | Juul Creytens Leopold- Laan 15, 9200 Dendermonde |
29-09-2025 → present |
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 27-12-2023 ↗
- BAEYENS Tom 50 shares (50%) · €250
- THYS Chiara 50 shares (50%) · €250
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 27-12-2023 Incorporation · €500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
2025
03-10
Bankruptcy
Opening
Enterprise Court of Ghent, Dendermonde division · judgment of 29-09-2025
29-08
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 29 days late
2023
27-12
Gazette deed
IncorporationAppointment: BAEYENS Tom (director) · Founder · Founding capital8 facts ▸
Gazette deed
Incorporation
Appointment: BAEYENS Tom (director) · Founder · Founding capital8 facts ▸
- Incorporation, 20-12-2023
- Founder, BAEYENS Tom
- Founder, THYS Chiara
- Founding capital, €500
- Registered office clause, “9220 Hamme,Hooigat 9” (deed in Dutch)
- Board rule, 1
- Director appointment, BAEYENS Tom (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
SignalGazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded21-12-2023
Financial year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Hamme (Vl.) · 1 establishment unit since 2023
Ground area
4,106 m²
Building footprint
1,252 m²
Building volume
899 m³
Parcel 42452D1063/00S000, Flanders · tallest building 4.6 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Advance Construct
since 2023unit no. 2.354.175.845
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42452D1063/00S000 | Flanders | 4,106 m² | 1 · 1,252 m² | 4.6 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Handel in bouwmaterialen,en alle verrichtingen en uitbatingen die rechtstreeks of onrechtstreeks met deze handelingen verband houden of ze…” (deed in Dutch)
20 activities (deed in Dutch)
- Handel in bouwmaterialen,en alle verrichtingen en uitbatingen die rechtstreeks of onrechtstreeks met deze handelingen verband houden of ze kunnen bevorderen.
- Het plaatsen van afsluitingen;
- Het optrekken van niet-metalen paviljoenen,onder meer tuinhuisjes en chalets;
- Het optrekken van carports,bergingen,houtconstructies,bruggen;
- Het aanleggen van paden,opritten en terrassen;
- Omgevingswerken en alle werken die rechtstreeks of onrechtstreeks daarmee verband houden;
- Het laten oprichten van gebouwen en constructies,door aannemingen,onderaanneming en promotie van private en openbare bouwwerken en constructies,het coördineren van bouwwerken;
- Het uitvoeren van studies die met de bouwnijverheid verband houden;
- Het aankopen,verkopen,verhuren en vervreemden van bouwwerken en gronden;
- Rioleringswerken;
- Wegeniswerken,verkavelingen,parkings,wegen,pleinen,fietspaden,dienstpaden;
- Spoor- en spooromgevingswerken,perronbouw;
- Elektriciteitswerken;
- Beregeningsinstallaties;
- Grondwaterverlaging en waterbouwkundige werken;
- Transport van afval;
- Betonconstructies,metselwerken;
- Nivelleringswerken;
- Organiseren van opleidingen;
- Het ontwerp,de studie,het vervaardigen en de productie van machines die met alle bovenstaande activiteiten te maken hebben;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Advance Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Aantal,duur van opdracht en,indien meerdere,bevoegdheid, met of zonder beperking van duur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor