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B.G.

Open bankruptcy
Private limited companyfounded 2017Brelaarstraat 36, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0681.847.741
Summary

A bankruptcy procedure is open for B.G. according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €27,654 and a net result of -€56,696.

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 Antwerp, Hasselt division
Declared bankrupt
27 March 2025
Supervising judge
Willem Corstjens
Official Gazette
02-04-2025 (pdf) ↗search the document for 2025/113826

Deadlines

Provisional date payments stopped
25 September 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 17 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 April 2025art. XX.104 and XX.155 CEL
First verification report
passed on 8 May 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 27 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

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 · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-06-2023, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d early
2021
38 d early
2020
59 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 34 days before the deadline; 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 28 September 2017, B.G. was incorporated.1 Total assets went from EUR 181,558 in 2018 to EUR 137,332 in 2022 and headcount from 2.3 to 2.7 full-time equivalents.2 The company was declared bankrupt on 27 March 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 02-04-2025

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€27,654▼ 67.2%
2021 · €84,350
Total assets
€137,332▼ 12.2%
2021 · €156,498
Net result
-€56,696
2021 · €23,624
Working capital
€25,732▼ 71.8%
2021 · €91,196
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
Line20182019202020212022
Operating result€48,763-€47,748▼ 2.1%€41,106▼ 13.9%€33,722▼ 18.0%-€50,172
Net result€29,266-€35,443▲ 21.1%€30,018▼ 15.3%€23,624▼ 21.3%-€56,696
Equity€32,266-€37,708▲ 16.9%€60,727▲ 61.0%€84,350▲ 38.9%€27,654▼ 67.2%
Total assets€181,558-€165,317▼ 8.9%€138,409▼ 16.3%€156,498▲ 13.1%€137,332▼ 12.2%
Debt€149,292-€127,609▼ 14.5%€77,683▼ 39.1%€72,148▼ 7.1%€109,677▲ 52.0%
Working capital€86,423-€73,877▼ 14.5%€85,634▲ 15.9%€91,196▲ 6.5%€25,732▼ 71.8%
Staff (FTE)2.3-2.8▲ 21.7%2.2▼ 21.4%2.2=2.7▲ 22.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2018: €48,763€48,763Net result 2018: €29,266€29,266Operating result 2019: €47,748€47,748Net result 2019: €35,443€35,443Operating result 2020: €41,106€41,106Net result 2020: €30,018€30,018Operating result 2021: €33,722€33,722Net result 2021: €23,624€23,624Operating result 2022: -€50,172-€50,172Net result 2022: -€56,696-€56,69620182019202020212022-€75,000-€50,000-€25,000€0€25,000€50,000Operating result 2020: €41,106€41,100Net result 2020: €30,018€30,000Operating result 2021: €33,722€33,700Net result 2021: €23,624€23,600Operating result 2022: -€50,172-€50,200Net result 2022: -€56,696-€56,700202020212022
The operating result turns negative in 2022: a loss of €50,172 after €33,722 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €137,332
Fixed assets €1,961 ▼ 24.6%
Current assets €135,370 ▼ 12.0%
Equity and liabilities €137,332
Equity €27,654 ▼ 67.2%
Debt €109,677 ▲ 52.0%
Debt's share of the balance-sheet total rises from 46.1% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€49,532▼
2021 · €34,362
Cash flow
-€56,056▼
2021 · €24,263
Current ratio
1.23▼
2021 · 2.45
Quick ratio
0.43▼
2021 · 1.08
Debt to equity
3.97▲
2021 · 0.86
ROE
-205.0%▼
2021 · 28.0%
ROA
-41.3%▼
2021 · 15.1%
Interest coverage
-8.59▼
2021 · 12.75
Debt ≤ 1 year
€109,638▲
2021 · €62,701
Debt > 1 year
€0▼
2021 · €9,447
Income taxes
€767▼
2021 · €7,575
Staff costs
€90,754▲
2021 · €83,490
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 · 2022 against 2021 · 55 lines
Balance sheet Code20212022
Assets
Total assets20/58€156,498€137,332▼
Fixed assets21/28€2,601€1,961▼
Tangible fixed assets22/27€1,588€949▼
Plant, machinery and equipment23€586€227▼
Furniture and vehicles24€1,003€722▼
Financial fixed assets28€1,013€1,013=
Current assets29/58€153,897€135,370▼
Stocks and contracts in progress3€85,944€87,689▲
Stocks30/36€85,944€87,689▲
Amounts receivable within one year40/41€37,797€20,435▼
Trade receivables40€15,893€7,133▼
Other amounts receivable41€21,903€13,302▼
Cash at bank and in hand54/58€29,850€26,609▼
Deferred charges and accrued income490/1€306€638▲
Equity and liabilities
Total equity and liabilities10/49€156,498€137,332▼
Equity10/15€84,350€27,654▼
Contributions10/11€30,000€30,000=
Reserves13€54,350€54,350=
Non-distributable reserves130/1€3,000€3,000=
Reserves not available under the articles1311€3,000€3,000=
Distributable reserves133€51,350€51,350=
Profit (loss) carried forward14€0-€56,696▼
Amounts payable17/49€72,148€109,677▲
Amounts payable after more than one year17€9,447€0▼
Financial debts170/4€9,447€0▼
Amounts payable within one year42/48€62,701€109,638▲
Current portion of amounts payable after more than one year42€18,588€9,447▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€24,893€45,647▲
Suppliers440/4€24,893€45,647▲
Taxes, remuneration and social security45€12,719€13,647▲
Taxes450/3€1,110€2,222▲
Remuneration and social security454/9€11,610€11,425▼
Other amounts payable47/48€6,501€40,896▲
Accrued charges and deferred income492/3€0€39▲
Income statement Code20212022
Remuneration, social security and pensions62€83,490€90,754▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€640=
Other operating charges640/8€2,615€2,420▼
Non-recurring operating charges66A€2,474€5,376▲
Gross operating margin9900€122,940€49,017▼
Operating profit (loss)9901€33,722-€50,172▼
Financial income75/76B€172€11▼
Recurring financial income75€172€11▼
Financial charges65/66B€2,696€5,768▲
Recurring financial charges65€2,696€5,768▲
Profit (loss) for the period before taxes9903€31,198-€55,929▼
Income taxes67/77€7,575€767▼
Profit (loss) for the period9904€23,624-€56,696▼
Profit (loss) for the period to be appropriated9905€23,624-€56,696▼
Appropriation of the result
Profit (loss) to be appropriated9906€23,624-€56,696▼
Transfer to equity691/2€23,624€0▼
To other reserves6921€23,624€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Remuneration, social security and pensions62---€83,490€90,754▲ 8.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,292-€252€640€640=
Other operating charges640/8---€2,615€2,420▼ 7.5%
Non-recurring operating charges66A---€2,474€5,376▲ 117%
Gross operating margin9900€121,136€121,547€142,816€122,940€49,017▼ 60.1%
Operating profit (loss)9901€48,763€47,748€41,106€33,722-€50,172▼ 249%
Financial income75/76B---€172€11▼ 93.8%
Recurring financial income75€42€239€661€172€11▼ 93.8%
Financial charges65/66B---€2,696€5,768▲ 114%
Recurring financial charges65€3,422€2,589€3,279€2,696€5,768▲ 114%
Profit (loss) for the period before taxes9903€45,383€45,399€38,488€31,198-€55,929▼ 279%
Income taxes67/77€16,117€9,956€8,469€7,575€767▼ 89.9%
Profit (loss) for the period9904€29,266€35,443€30,018€23,624-€56,696▼ 340%
Profit (loss) for the period to be appropriated9905€29,266€35,443€30,018€23,624-€56,696▼ 340%
Line20182019202020212022Change
Assets
Total assets20/58€181,558€165,317€138,409€156,498€137,332▼ 12.2%
Fixed assets21/28€1,013€1,013€3,240€2,601€1,961▼ 24.6%
Tangible fixed assets22/27--€2,228€1,588€949▼ 40.3%
Plant, machinery and equipment23---€586€227▼ 61.2%
Furniture and vehicles24---€1,003€722▼ 28.0%
Financial fixed assets28€1,013€1,013€1,013€1,013€1,013=
Current assets29/58€180,545€164,304€135,169€153,897€135,370▼ 12.0%
Stocks and contracts in progress3€110,573€108,240€87,132€85,944€87,689▲ 2.0%
Stocks30/36---€85,944€87,689▲ 2.0%
Amounts receivable within one year40/41€6,724€18,417€23,607€37,797€20,435▼ 45.9%
Trade receivables40---€15,893€7,133▼ 55.1%
Other amounts receivable41---€21,903€13,302▼ 39.3%
Cash at bank and in hand54/58€63,145€36,614€23,701€29,850€26,609▼ 10.9%
Deferred charges and accrued income490/1---€306€638▲ 108%
Equity and liabilities
Total equity and liabilities10/49€181,558€165,317€138,409€156,498€137,332▼ 12.2%
Equity10/15€32,266€37,708€60,727€84,350€27,654▼ 67.2%
Contributions10/11€30,000€30,000-€30,000€30,000=
Reserves13€2,266€7,708€30,727€54,350€54,350=
Non-distributable reserves130/1---€3,000€3,000=
Reserves not available under the articles1311---€3,000€3,000=
Distributable reserves133---€51,350€51,350=
Profit (loss) carried forward14---€0-€56,696-
Amounts payable17/49€149,292€127,609€77,683€72,148€109,677▲ 52.0%
Amounts payable after more than one year17€55,170€37,181€28,035€9,447€0▼ 100%
Financial debts170/4---€9,447€0▼ 100%
Amounts payable within one year42/48€94,122€90,427€49,535€62,701€109,638▲ 74.9%
Current portion of amounts payable after more than one year42---€18,588€9,447▼ 49.2%
Financial debts43---€0--
Credit institutions430/8---€0--
Trade debts44€49,568€29,841€11,505€24,893€45,647▲ 83.4%
Suppliers440/4---€24,893€45,647▲ 83.4%
Taxes, remuneration and social security45---€12,719€13,647▲ 7.3%
Taxes450/3---€1,110€2,222▲ 100%
Remuneration and social security454/9---€11,610€11,425▼ 1.6%
Other amounts payable47/48---€6,501€40,896▲ 529%
Accrued charges and deferred income492/3---€0€39-
Line20182019202020212022Change
Profit (loss) for the period9904€29,266€35,443€30,018€23,624-€56,696▼ 340%
+ Depreciation and write-downs630€2,292-€252€640€640=
Operating cash flow (approximation)€31,557€35,443€30,270€24,263-€56,056▼ 331%
Investment in fixed assets (approximation)-€0-€2,480€0€0-
Change in cash--€26,531-€12,913€6,149-€3,241▼ 153%

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

2025
02-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-03-2025
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€56,696
Net result drops to -€56,696, the lowest in the series.
23-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €35,443 ▲21.1%
Net result €35,443, the highest in the series.
06-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Houthalen-Helchteren · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,905 m²
Building footprint
167 m²
Volume, LiDAR
1,395 m³
Parcel 72453F0664/00Z000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
B.G.
Brelaarstraat 36, 3530 Houthalen-HelchterenNACE 45201
since 20172.268.430.023
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72453F0664/00Z000 Flanders 1,904 m² 1 · 167 m² 11.4 m · 3 fl.
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

3 mandates
Role Name Tenure
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
27-03-2025 → present
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
27-03-2025 → present
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
27-03-2025 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded28-09-2017
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0681847741
Also 9925:BE0681847741
Registered 31-10-2023

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

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