AMAVAL
Open bankruptcyA bankruptcy procedure is open for AMAVAL according to publications in the Belgian State Gazette; curator: KAREL ROMMENS.
Summary
The 2023 annual accounts show negative equity (-€51,974) and a net result of -€301,974.
Are you a creditor?
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, Kortrijk division
- Declared bankrupt
- 4 February 2025
- Supervising judge
- Patrick Danneels
- Official Gazette
- 10-02-2025 (pdf) ↗search the document for 2025/105457
Curator
- Karel RommensOude Ieperstraat 4, 8560 Wevelgemkarel.rommens@admlaw.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.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
This company filed its 2023 accounts 8 days before the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Turnover and EBIT margin not published: the abbreviated schema does not require them.
| Line | 2023 |
|---|---|
| Remuneration, social security and pensions62 | €292,772 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,206 |
| Other operating charges640/8 | €10,072 |
| Gross operating margin9900 | €79,909 |
| Operating profit (loss)9901 | -€283,141 |
| Financial income75/76B | €939 |
| Recurring financial income75 | €939 |
| Financial charges65/66B | €19,618 |
| Recurring financial charges65 | €19,618 |
| Profit (loss) for the period before taxes9903 | -€301,820 |
| Income taxes67/77 | €154 |
| Profit (loss) for the period9904 | -€301,974 |
| Profit (loss) for the period to be appropriated9905 | -€301,974 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €536,838 | |
| Fixed assets21/28 | €274,342 | |
| Intangible fixed assets21 | €2,627 | |
| Tangible fixed assets22/27 | €271,506 | |
| Plant, machinery and equipment23 | €12,515 | |
| Furniture and vehicles24 | €12,144 | |
| Other tangible fixed assets26 | €246,847 | |
| Financial fixed assets28 | €209 | |
| Current assets29/58 | €262,496 | |
| Stocks and contracts in progress3 | €156,412 | |
| Stocks30/36 | €156,412 | |
| Amounts receivable within one year40/41 | €96,804 | |
| Trade receivables40 | €96,803 | |
| Other amounts receivable41 | €1 | |
| Cash at bank and in hand54/58 | €8,170 | |
| Deferred charges and accrued income490/1 | €1,110 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €536,838 | |
| Equity10/15 | -€51,974 | |
| Contributions10/11 | €250,000 | |
| Profit (loss) carried forward14 | -€301,974 | |
| Amounts payable17/49 | €588,813 | |
| Amounts payable after more than one year17 | €286,292 | |
| Financial debts170/4 | €286,292 | |
| Amounts payable within one year42/48 | €301,293 | |
| Current portion of amounts payable after more than one year42 | €59,500 | |
| Trade debts44 | €33,245 | |
| Suppliers440/4 | €33,245 | |
| Advances received on contracts in progress46 | €64,164 | |
| Taxes, remuneration and social security45 | €76,775 | |
| Taxes450/3 | €56,437 | |
| Remuneration and social security454/9 | €20,338 | |
| Other amounts payable47/48 | €67,610 | |
| Accrued charges and deferred income492/3 | €1,227 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€301,974 |
| + Depreciation and write-downs630 | €60,206 |
| Operating cash flow (approximation) | -€241,768 |
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
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.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1881/00G000 | Flanders | 3,600 m² | 1 · 3,353 m² | - |
| 34042A1173/00C000 | Flanders | 2,656 m² | 1 · 241 m² | 17.1 m · 3 fl. |
Linked by address, not proof of ownership
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KAREL ROMMENS OUDE IEPERSTRAAT 4,
8560 WEVELGEM |
04-02-2025 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- BUCEPHALUS
- AMAVAL
Highest known parent: BUCEPHALUS. The sources do not say who stands above it.
Owners 1
- BUCEPHALUSparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.