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areas

Open bankruptcy
Public limited companyfounded 2001Dodonéestraat 122, 1180 Ukkel, BelgiumKBO/BCE: BE 0476.061.152

A bankruptcy procedure is open for areas according to publications in the Belgian State Gazette; curator: GOLDSCHMIDT ALAIN.

Summary

The 2012 annual accounts show negative equity (-€140,266) and a net result of €50,085.

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
French-language Commercial Court of Brussels
Declared bankrupt
19 December 2016
Official Gazette
23-12-2016 (pdf) ↗search the document for 2016/123251

Deadlines

Appeal or third-party opposition until
passed on 7 January 2017Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 18 January 2017art. XX.104 and XX.155 CEL
First verification report
passed on 25 January 2017Goods 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 19 December 2017Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
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
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2012 was due by 31-07-2013 and was filed on 10-10-2013, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

On 14 November 2001, areas was incorporated.1 Total assets went from EUR 443,533 in 2008 to EUR 113,010 in 2012 and headcount from 2.8 to 1 full-time equivalents.2 The company was declared bankrupt on 19 December 2016.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2012
  3. 3Belgian State Gazette, 23-12-2016

Go further with this company

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

Financials · fiscal year 2012, full schema

Turnover
€890,191
EBIT margin
-9.8%
Net result
€50,085
2011 · -€75,171
Working capital
-€216,077▲ 20.0%
2011 · -€270,137
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20082009201020112012
Turnover€890,191
Operating result€57,803--€86,897-€83,509▲ 3.9%-€22,964▲ 72.5%€50,499
Net result€34,265--€119,025-€105,849▲ 11.1%-€75,171▲ 29.0%€50,085
EBIT margin-9.8%
Equity€130,842-€11,818▼ 91.0%-€115,180-€190,351▼ 65.3%-€140,266▲ 26.3%
Total assets€443,533-€334,516▼ 24.6%€291,321▼ 12.9%€288,027▼ 1.1%€113,010▼ 60.8%
Debt€312,690-€322,699▲ 3.2%€406,501▲ 26.0%€478,378▲ 17.7%€253,276▼ 47.1%
Working capital-€18,229--€142,971▼ 684%-€265,196▼ 85.5%-€270,137▼ 1.9%-€216,077▲ 20.0%
Staff (FTE)2.8-2.6▼ 7.1%2▼ 23.1%2=1▼ 50.0%
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2008: €57,803€57,803Net result 2008: €34,265€34,265Operating result 2009: -€86,897-€86,897Net result 2009: -€119,025-€119,025Operating result 2010: -€83,509-€83,509Net result 2010: -€105,849-€105,849Operating result 2011: -€22,964-€22,964Net result 2011: -€75,171-€75,171Operating result 2012: €50,499€50,499Net result 2012: €50,085€50,08520082009201020112012-€150,000-€100,000-€50,000€0€50,000Operating result 2010: -€83,509-€83,500Net result 2010: -€105,849-€106,000Operating result 2011: -€22,964-€23,000Net result 2011: -€75,171-€75,200Operating result 2012: €50,499€50,500Net result 2012: €50,085€50,100201020112012
The operating result returns to profit in 2012: €50,499 after a loss of €22,964 in 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €113,010
Fixed assets €75,810 ▼ 10.5%
Current assets €37,199 ▼ 81.7%
Key figures and ratios
2012 value · change against 2011
EBITDA
€78,951▲
2011 · €2,543
Cash flow
€78,537▲
2011 · -€49,664
Solvency
-124.1%▼
2011 · -66.1%
Current ratio
0.15▼
2011 · 0.43
ROA
44.3%▲
2011 · -26.1%
Debt ≤ 1 year
€253,276▼
2011 · €473,470
Income taxes
-€4,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2012 against 2011 · 25 lines
Balance sheet Code20112012
Assets
Total assets20/58€288,027€113,010▼
Fixed assets21/28€84,694€75,810▼
Tangible fixed assets22/27€82,694€73,810▼
Financial fixed assets28€2,000€2,000=
Current assets29/58€203,333€37,199▼
Amounts receivable within one year40/41€174,139€12,764▼
Cash at bank and in hand54/58€29,194€24,435▼
Equity and liabilities
Total equity and liabilities10/49€288,027€113,010▼
Equity10/15-€190,351-€140,266▲
Contributions10/11€62,000€62,000=
Reserves13€4,700€4,700=
Profit (loss) carried forward14-€257,051-€206,966▲
Amounts payable17/49€478,378€253,276▼
Amounts payable after more than one year17€4,908-
Amounts payable within one year42/48€473,470€253,276▼
Trade debts44€142,364€23,155▼
Income statement Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,507€28,452▲
Gross operating margin9900€68,504€108,105▲
Operating profit (loss)9901-€22,964€50,499▲
Recurring financial income75€1-
Recurring financial charges65€1,084€1,823▲
Profit (loss) for the period before taxes9903-€75,171€45,188▲
Income taxes67/77--€4,897
Profit (loss) for the period9904-€75,171€50,085▲
Profit (loss) for the period to be appropriated9905-€75,171€50,085▲
Line20082009201020112012Change
Turnover70-€890,191----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73,484€80,506€79,230€25,507€28,452▲ 11.5%
Gross operating margin9900€233,115€91,877€72,344€68,504€108,105▲ 57.8%
Operating profit (loss)9901€57,803-€86,897-€83,509-€22,964€50,499▲ 320%
Recurring financial income75€2,380€419-€1--
Recurring financial charges65€1,159€1,404€6,593€1,084€1,823▲ 68.2%
Profit (loss) for the period before taxes9903€53,944-€87,883-€90,102-€75,171€45,188▲ 160%
Income taxes67/77€19,679€31,142€15,747--€4,897-
Profit (loss) for the period9904€34,265-€119,025-€105,849-€75,171€50,085▲ 167%
Profit (loss) for the period to be appropriated9905€34,265-€119,025-€105,849-€75,171€50,085▲ 167%
Line20082009201020112012Change
Assets
Total assets20/58€443,533€334,516€291,321€288,027€113,010▼ 60.8%
Fixed assets21/28€149,752€174,030€154,924€84,694€75,810▼ 10.5%
Tangible fixed assets22/27€147,752€172,030€152,924€82,694€73,810▼ 10.7%
Financial fixed assets28€2,000€2,000€2,000€2,000€2,000=
Current assets29/58€293,781€160,486€136,397€203,333€37,199▼ 81.7%
Amounts receivable within one year40/41€143,090€123,888€120,446€174,139€12,764▼ 92.7%
Cash at bank and in hand54/58€137,922€20,275€14,087€29,194€24,435▼ 16.3%
Equity and liabilities
Total equity and liabilities10/49€443,533€334,516€291,321€288,027€113,010▼ 60.8%
Equity10/15€130,842€11,818-€115,180-€190,351-€140,266▲ 26.3%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Reserves13€4,700€4,700€4,700€4,700€4,700=
Profit (loss) carried forward14€64,142-€54,882-€181,880-€257,051-€206,966▲ 19.5%
Amounts payable17/49€312,690€322,699€406,501€478,378€253,276▼ 47.1%
Amounts payable after more than one year17-€14,550€4,908€4,908--
Amounts payable within one year42/48€312,010€303,457€401,593€473,470€253,276▼ 46.5%
Trade debts44€203,110€211,606€233,590€142,364€23,155▼ 83.7%
Line20082009201020112012Change
Profit (loss) for the period9904€34,265-€119,025-€105,849-€75,171€50,085▲ 167%
+ Depreciation and write-downs630€73,484€80,506€79,230€25,507€28,452▲ 11.5%
Operating cash flow (approximation)€107,748-€38,519-€26,619-€49,664€78,537▲ 258%
Investment in fixed assets (approximation)--€104,783-€60,124€44,723-€19,568▼ 144%
Change in cash--€117,648-€6,188€15,107-€4,759▼ 131%

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

2016
23-12
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 19-12-2016
2013
10-10
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 71 days late
2012
31-12
Financial Back to profitnet €50,085
Net result €50,085 after 3 loss-making years.
30-11
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 122 days late
20-01
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 173 days late
2010
01-09
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 32 days late
2009
31-12
Financial Weakest financial yearnet -€119,025
Net result drops to -€119,025, the lowest in the series.
14-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 14 days late
2008
05-08
NBB filing Annual accounts filed
fiscal year 2007 · full schema · 5 days late
2007
31-08
NBB filing Annual accounts filed
fiscal year 2006 · full schema · 31 days late
2006
31-08
NBB filing Annual accounts filed
fiscal year 2005 · full schema · 31 days late
2005
09-09
NBB filing Annual accounts filed
fiscal year 2004 · full schema · 40 days late
2004
24-09
NBB filing Annual accounts filed
fiscal year 2003 · full schema · 55 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ukkel · 1 establishment unit since 2001
seat establishment approximate The establishment unit on the map
Ground area
1,423 m²
Building footprint
382 m²
Volume, LiDAR
5,205 m³
2 parcels, Brussels, Flanders · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
AREAS
Ferdinand Uylenbroeckstraat 32, 1600 Sint-Pieters-LeeuwNACE 7134005
since 20012.170.033.817
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0056/02W081 Brussels 739 m² 1 · 257 m² 20.7 m · 6 fl.
23583G0017/00L005 Flanders 684 m² 1 · 125 m² 9.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 GOLDSCHMIDT ALAIN
CHAUSSEE DE LA HULPE 150, 1170 WATERMAEL-BOITSFORT
19-12-2016 → present

Identification & contact

Identification
Legal formPublic limited company
Founded14-11-2001
Fiscal year end31-12
Abbreviation FR CAS
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 27 September 2026 · Peppol Directory

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