ALGRE

Open bankruptcy

Private limited company (pre-2019)founded 2016KBO/BCE: BE 0649.917.816

A bankruptcy procedure is open for ALGRE according to publications in the Belgian State Gazette; curator: VERA DE DIJCKER.

Summary

The 2018 annual accounts show negative equity (-€88,533) and a net result of -€86,858.

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ALGREOpen bankruptcy

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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 Ghent, Ghent division
Declared bankrupt: 21 December 2021
Supervising judge: Stefaan Vandenberghe
Official Gazette: 29-12-2021 (pdf) ↗search the document for 2021/146572

Curator

Vera De DijckerRoosbloemstraat 4, 9860 Oosterzelevera.de.dijcker@telenet.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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

Signals

Two signals.

+raises risk

The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

ALGRE was incorporated on 15 March 2016.¹ The company has filed 3 sets of annual accounts, the latest for fiscal year 2018.² On 21 December 2021 the company was declared bankrupt.³

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 Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2018, abbreviated schema

Equity

-€88,533

Total assets

€548,654

Net result

-€86,858

Working capital

-€94,757

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €548,330

96.4%

Fixed assets €19,564

Current assets €528,766

Key figures and ratios

2018 value

EBITDA

-€75,831

Cash flow

-€78,579

Solvency

-16.1%

Current ratio

0.85

Debt to equity

-0.15

ROA

-15.8%

Debt

€637,186

Debt ≤ 1 year

€623,523

Debt > 1 year

€13,663

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2018 · 24 lines

Balance sheet Code2018

Assets

Total assets20/58€548,654

Formation expenses20€324

Fixed assets21/28€19,564

Tangible fixed assets22/27€19,564

Current assets29/58€528,766

Amounts receivable within one year40/41€518,151

Cash at bank and in hand54/58€10,615

Equity and liabilities

Total equity and liabilities10/49€548,654

Equity10/15-€88,533

Contributions10/11€400

Reserves13€40

Profit (loss) carried forward14-€88,973

Amounts payable17/49€637,186

Amounts payable after more than one year17€13,663

Amounts payable within one year42/48€623,523

Trade debts44€597,645

Income statement Code2018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,280

Gross operating margin9900€120,975

Operating profit (loss)9901-€84,111

Recurring financial income75€318

Recurring financial charges65€3,066

Profit (loss) for the period before taxes9903-€86,858

Profit (loss) for the period9904-€86,858

Profit (loss) for the period to be appropriated9905-€86,858

Line	2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€8,280
Gross operating margin9900	€120,975
Operating profit (loss)9901	-€84,111
Recurring financial income75	€318
Recurring financial charges65	€3,066
Profit (loss) for the period before taxes9903	-€86,858
Profit (loss) for the period9904	-€86,858
Profit (loss) for the period to be appropriated9905	-€86,858

Line	2018
Assets
Total assets20/58	€548,654
Formation expenses20	€324
Fixed assets21/28	€19,564
Tangible fixed assets22/27	€19,564
Current assets29/58	€528,766
Amounts receivable within one year40/41	€518,151
Cash at bank and in hand54/58	€10,615
Equity and liabilities
Total equity and liabilities10/49	€548,654
Equity10/15	-€88,533
Contributions10/11	€400
Reserves13	€40
Profit (loss) carried forward14	-€88,973
Amounts payable17/49	€637,186
Amounts payable after more than one year17	€13,663
Amounts payable within one year42/48	€623,523
Trade debts44	€597,645

Line	2018
Profit (loss) for the period9904	-€86,858
+ Depreciation and write-downs630	€8,280
Operating cash flow (approximation)	-€78,579

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 4Signals 1Filings 3

2021

29-12

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · event 21-12-2021

2019

01-12

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 123 days late

23-05

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 296 days late

2017

23-09

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 54 days late

SignalNBB filing

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

3 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

Registered office, Evergem · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

1.6 ha

Building footprint

1,071 m²

Volume, LiDAR

29,484 m³

Parcel 44019C1119/00D000, Flanders · tallest building 30.7 m, ±9 floors. Linked by address, not a title deed.

1 establishment unit

ALGRE

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44019C1119/00D000	Flanders	1.6 ha	1 · 1,071 m²	30.7 m · 9 fl.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	VERA DE DIJCKER ROOSBLOEMSTRAAT 4, 9860 OOSTERZELE	21-12-2021 → present

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded15-03-2016

Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.