B&CO
Open bankruptcyA bankruptcy procedure is open for B&CO according to publications in the Belgian State Gazette; curator: Geert SOETAERT.
Summary
The 2021 annual accounts show equity of €88,963 and a net result of €2,373.
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, Kortrijk division
- Declared bankrupt
- 19 November 2024
- Supervising judge
- Dirk Coussee
- Official Gazette
- 25-11-2024 (pdf) ↗search the document for 2024/145552
Deadlines
- Provisional date payments stopped
- 19 November 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 10 December 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 December 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 January 2025Goods 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 November 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Geert SoetaertGroeningestraat 33, 8500 Kortrijkgeertsoetaert@dsda.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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 27-10-2021, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
4 d early
2020
12 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 9 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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 wines and spirits sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
€88,963▲ 2.7%
2020 · €86,590
Total assets
€1.5m▲ 3.3%
2020 · €1.4m
Net result
€2,373▼ 58.2%
2020 · €5,677
Working capital
€277,337▼ 13.2%
2020 · €319,461
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
Line201920202021
Operating result€32,781-€51,990▲ 58.6%€26,547▼ 48.9%
Net result-€3,433-€5,677within the sector's middle half€2,373below the sector's middle half▼ 58.2%
Equity€80,913-€86,590within the sector's middle half▲ 7.0%€88,963below the sector's middle half▲ 2.7%
Total assets€1.5m-€1.4mwithin the sector's middle half▼ 3.1%€1.5mwithin the sector's middle half▲ 3.3%
Debt€1.4m-€1.3m▼ 3.7%€1.4m▲ 3.3%
Working capital€306,100-€319,461within the sector's middle half▲ 4.4%€277,337within the sector's middle half▼ 13.2%
Solvency5.5%-6.1%below the sector's middle half▲ 0.6pp6.1%below the sector's middle half=
Current ratio1.36-1.39within the sector's middle half▲ 0.031.29within the sector's middle half▼ 0.09
Return on assets (ROA)-0.2%-0.4%below the sector's middle half▲ 0.6pp0.2%below the sector's middle half▼ 0.2pp
Staff (FTE)1.7-1.3below the sector's middle half▼ 23.5%0.9below the sector's middle half▼ 30.8%
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 schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 49% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.5m
Fixed assets
€244,504 ▼ 11.8%
Current assets
€1.2m ▲ 6.9%
Equity and liabilities €1.5m
Equity
€88,963 ▲ 2.7%
Debt
€1.4m ▲ 3.3%
Debt's share of the balance-sheet total stays at 93.9%.
Key figures and ratios
EBITDA
€63,099▼
2020 · €91,784
Cash flow
€38,925▼
2020 · €45,471
Quick ratio
0.50▲
2020 · 0.44
Debt to equity
4.63▼
2020 · 4.99
ROE
2.7%▼
2020 · 6.6%
Debt ≤ 1 year
€946,798▲
2020 · €825,458
Debt > 1 year
€412,000▼
2020 · €432,500
Income taxes
€2,573
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,526 | €39,794 | €36,552 | ▼ 8.1% |
| Gross operating margin9900 | €155,515 | €166,539 | €158,722 | ▼ 4.7% |
| Operating profit (loss)9901 | €32,781 | €51,990 | €26,547 | ▼ 48.9% |
| Recurring financial income75 | €7,362 | €1,521 | €2,676 | ▲ 76.0% |
| Recurring financial charges65 | €43,577 | €47,833 | €24,277 | ▼ 49.2% |
| Profit (loss) for the period before taxes9903 | -€3,433 | €5,677 | €4,946 | ▼ 12.9% |
| Income taxes67/77 | - | - | €2,573 | - |
| Profit (loss) for the period9904 | -€3,433 | €5,677 | €2,373 | ▼ 58.2% |
| Profit (loss) for the period to be appropriated9905 | -€3,433 | €5,677 | €2,373 | ▼ 58.2% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.5m | €1.4m | €1.5m | ▲ 3.3% |
| Fixed assets21/28 | €310,935 | €277,369 | €244,504 | ▼ 11.8% |
| Intangible fixed assets21 | €3,306 | €2,479 | €1,653 | ▼ 33.3% |
| Tangible fixed assets22/27 | €306,449 | €273,709 | €241,671 | ▼ 11.7% |
| Financial fixed assets28 | €1,180 | €1,180 | €1,180 | = |
| Current assets29/58 | €1.2m | €1.1m | €1.2m | ▲ 6.9% |
| Stocks and contracts in progress3 | €782,521 | €779,218 | €752,111 | ▼ 3.5% |
| Amounts receivable within one year40/41 | €290,128 | €275,711 | €392,742 | ▲ 42.4% |
| Current investments50/53 | €0 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €46,966 | €20,597 | €32,045 | ▲ 55.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.5m | €1.4m | €1.5m | ▲ 3.3% |
| Equity10/15 | €80,913 | €86,590 | €88,963 | ▲ 2.7% |
| Contributions10/11 | €18,600 | - | - | - |
| Reserves13 | €62,313 | €67,990 | €70,363 | ▲ 3.5% |
| Amounts payable17/49 | €1.4m | €1.3m | €1.4m | ▲ 3.3% |
| Amounts payable after more than one year17 | €453,667 | €432,500 | €412,000 | ▼ 4.7% |
| Amounts payable within one year42/48 | €850,198 | €825,458 | €946,798 | ▲ 14.7% |
| Trade debts44 | €256,840 | €323,539 | €438,804 | ▲ 35.6% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,433 | €5,677 | €2,373 | ▼ 58.2% |
| + Depreciation and write-downs630 | €39,526 | €39,794 | €36,552 | ▼ 8.1% |
| Operating cash flow (approximation) | €36,093 | €45,471 | €38,925 | ▼ 14.4% |
| Investment in fixed assets (approximation) | - | -€6,228 | -€3,687 | ▲ 40.8% |
| Change in cash | - | -€26,369 | €11,449 | ▲ 143% |
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
2024
25-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 19-11-2024
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
31-03
Financial
Back to profitnet €5,677
Net result €5,677 after one loss-making year.
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 33 days late
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 105 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 171 days late
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 59 days late
2014
18-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 138 days late
2013
18-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 77 days late
2011
01-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Kortrijk · 1 establishment unit since 1998
Ground area
1,457 m²
Parcel 34352A0142/00Y005, Flanders. Linked by address, not a title deed.
1 establishment unit
B&CO
since 19982.087.965.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0142/00Y005 | Flanders | 1,457 m² | - | - |
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 | Geert SOETAERT Groeningestraat 33, 8500 KORTRIJK- |
19-11-2024 → present |
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.087.965.085
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Of 2,335 companies in sector 47251 we hold annual accounts for 422. 312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-07-1998
Fiscal year end31-03
Activities, NACEBEL 2025
47251Retail sale of wines and spirits
46341Wholesale of wines and spirits
Contact
Phone
056/724120Kortrijk
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.