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B.G. CONFECTIONS

Inactive KBO/BCE: BE 0406.872.735

Information for creditors

Enterprise Court of Walloon Brabant · Official Gazette of 05-07-2021

Opened on 28 June 2021 · moratorium passed on 27 December 2021

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by collective agreement
Docket number
20210014
Moratorium until
27 December 2021 (passed, unless a later judgment extended it)
Creditors' vote
13 December 2021
Delegated judge
Serge Sztencel
Official Gazette
05-07-2021search the document for 2021/125141

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

Lifetime

12 annual accounts with figures on one time axis, 46 filings since 1974
peak €523,000 (2009)
-€14,150▼ €230,774
lowest -€1.2m (2012)
-€705,798▼ €766,269
peak €337,904 (2019)
-€367,895▼ €705,798
€876,820▲ 26.8%
peak 14.5 FTE (2008)
1.5 FTE▼ 50.0%
Documentsfilings and deeds
01-03-20211 day late
2020financial year
Gross margin from €216,624 to -€14,150Loss of €705,798Staff from 3 FTE to 1.5 FTEEquity from €337,904 to -€367,895Debts from €691,395 to €876,820Investments €34,130

Key points

from the 2020 annual accounts, the last ones filed

Equity

-€367,895 from €337,904 in 2019

Equity fell below zero in 2020.

Debts

€876,820 172% of the balance sheet
After one year 43%Within one year 57%

Of this, €498,641 falls due within a year.

Staff

1.5 FTE from 14.5 in 2008

Between 2008 and 2020, 90% of the full-time equivalents disappeared.

Liquidity

0.96 was 3.04 in 2019

Short-term debts rose from €336,395 to €498,641.

Filings

46 annual accounts since 1974
deadline198019952010

The 2020 accounts came 1 day late. The other nine of the last ten were filed on time.

Final months

133 days from reorganisation to bankruptcy
  • 28-06-2021 reorganisation opened
  • 08-11-2021 declared bankrupt
  • 16-11-2021 published in the Official Gazette
No score

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Walloon Brabant · judgment of 17-04-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Walloon Brabant · judgment of 08-11-2021 · Bankruptcy
Judicial reorganisation opened Enterprise Court of Walloon Brabant · collective agreement · judgment of 28-06-2021 · Judicial reorganisation
Bankruptcy reversal Tribunal de commerce de Nivelles · Bankruptcy
All 59 events

Official details

Source: KBO
Status
Inactivebankruptcy closed on 17-04-2025
Activity
No activity registered in the KBO
Financial year end
31 July
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-07-2020

€508,925▼ 50.6%
Filing
Filed on 01-03-2021
Financials

Insights on B.G. CONFECTIONS

Equity fell from €337,904 in 2019 to -€367,895 in 2020, while debts rose from €691,395 to €876,820.

On 28 June 2021 the court opened a judicial reorganisation. 133 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about B.G. CONFECTIONS

What is the company number of B.G. CONFECTIONS?
The company number of B.G. CONFECTIONS is 0406.872.735. The VAT number is the same number with BE in front: BE 0406.872.735.
What is the legal form of B.G. CONFECTIONS?
Legal form of B.G. CONFECTIONS: SA.
Is B.G. CONFECTIONS still active?
No. B.G. CONFECTIONS is inactive in the KBO register.Company details
How many employees did B.G. CONFECTIONS have?
B.G. CONFECTIONS had an average of 1.5 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of B.G. CONFECTIONS?
The annual accounts for financial year 2020 state no turnover.
Is B.G. CONFECTIONS profitable?
In financial year 2020, B.G. CONFECTIONS made a loss of €705,798.
Where can I find the annual accounts of B.G. CONFECTIONS?
B.G. CONFECTIONS filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2020.

Next steps

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