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B & L

Open bankruptcy
Private limited company (pre-2019)founded 2015Kapelerf 7, 2490 Balen, BelgiumKBO/BCE: BE 0643.726.444

A bankruptcy procedure is open for B & L according to publications in the Belgian State Gazette; curator: CHRISTOPHE GEUKENS.

Summary

The 2021 annual accounts show equity of €76,222 and a net result of -€38,539.

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, Turnhout division
Declared bankrupt
1 July 2025
Supervising judge
Frederik De Preter
Official Gazette
25-07-2025 (pdf) ↗search the document for 2025/132463

Deadlines

Provisional date payments stopped
1 July 2025A later judgment can change the date.art. XX.105 CEL
File the claim in RegSol until
passed on 31 July 2025art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 9 August 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 12 August 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 1 July 2026Late, 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

Two signals.
+raises risk
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
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 30 November 2015, B & L was incorporated.1 Total assets went from EUR 83,869 in 2018 to EUR 184,358 in 2021.2 The company was declared bankrupt on 1 July 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 25-07-2025

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
€76,222▲ 23.1%
2019 · €61,912
Total assets
€184,358▲ 71.0%
2019 · €107,793
Net result
-€38,539
2019 · €26,184
Working capital
€25,825▼ 36.2%
2019 · €40,475
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
Line201820192021
Operating result€4,379-€35,268▲ 705%-€37,667-
Net result€1,059-€26,184▲ 2,372%-€38,539below the sector's middle half-
Equity€35,728-€61,912▲ 73.3%€76,222within the sector's middle half-
Total assets€83,869-€107,793▲ 28.5%€184,358within the sector's middle half-
Debt€48,141-€45,880▼ 4.7%€108,136-
Working capital€16,291-€40,475▲ 148%€25,825within the sector's middle half-
Solvency42.6%-57.4%▲ 14.8pp41.3%within the sector's middle half-
Current ratio1.34-1.88▲ 0.541.24within the sector's middle half-
Return on assets (ROA)1.3%-24.3%▲ 23.0pp-20.9%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2018: €4,379€4,379Net result 2018: €1,059€1,059Operating result 2019: €35,268€35,268Net result 2019: €26,184€26,184Operating result 2021: -€37,667-€37,667Net result 2021: -€38,539-€38,539201820192021-€40,000-€20,000€0€20,000€40,000Operating result 2018: €4,379€4,380Net result 2018: €1,059€1,060Operating result 2019: €35,268€35,300Net result 2019: €26,184€26,200Operating result 2021: -€37,667-€37,700Net result 2021: -€38,539-€38,500201820192021
The operating result is -€37,667 in 2021, compared with €35,268 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €184,358
Fixed assets €50,398 ▲ 135%
Current assets €133,960 ▲ 55.1%
Equity and liabilities €184,358
Equity €76,222 ▲ 23.1%
Debt €108,136 ▲ 136%
Debt's share of the balance-sheet total rises from 42.6% to 58.7%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2019
EBITDA
-€26,678▼
2019 · €46,609
Cash flow
-€27,550▼
2019 · €37,525
Debt to equity
1.42
ROE
-50.6%▼
2019 · 42.3%
Interest coverage
-30.62
Debt ≤ 1 year
€108,136▲
2019 · €45,880
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 · 2021 against 2019 · 40 lines
Balance sheet Code20192021
Assets
Total assets20/58€107,793€184,358▲
Fixed assets21/28€21,437€50,398▲
Tangible fixed assets22/27€20,477€49,438▲
Plant, machinery and equipment23-€38,615
Furniture and vehicles24-€10,822
Financial fixed assets28€960€960=
Current assets29/58€86,356€133,960▲
Amounts receivable within one year40/41€62,763€121,953▲
Trade receivables40-€44,818
Other amounts receivable41-€77,135
Cash at bank and in hand54/58€14,400€11,743▼
Deferred charges and accrued income490/1-€264
Equity and liabilities
Total equity and liabilities10/49€107,793€184,358▲
Equity10/15€61,912€76,222▲
Contributions10/11€6,500€6,500=
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€53,552€67,862▲
Amounts payable17/49€45,880€108,136▲
Amounts payable within one year42/48€45,880€108,136▲
Financial debts43-€26,099
Credit institutions430/8-€26,099
Trade debts44€18,820€72,309▲
Suppliers440/4-€72,309
Taxes, remuneration and social security45-€9,727
Taxes450/3-€9,727
Income statement Code20192021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,341€10,989▼
Other operating charges640/8-€101
Gross operating margin9900€47,550-€26,577▼
Operating profit (loss)9901€35,268-€37,667▼
Recurring financial income75€40-
Financial charges65/66B-€871
Recurring financial charges65€580€871▲
Profit (loss) for the period before taxes9903€34,728-€38,539▼
Income taxes67/77€8,543-
Profit (loss) for the period9904€26,184-€38,539▼
Profit (loss) for the period to be appropriated9905€26,184-€38,539▼
Appropriation of the result
Profit (loss) to be appropriated9906-€67,862
Profit (loss) brought forward from the previous period14P-€106,401

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,894€11,341€10,989-
Other operating charges640/8--€101-
Gross operating margin9900€12,814€47,550-€26,577-
Operating profit (loss)9901€4,379€35,268-€37,667-
Recurring financial income75€92€40--
Financial charges65/66B--€871-
Recurring financial charges65€775€580€871-
Profit (loss) for the period before taxes9903€3,696€34,728-€38,539-
Income taxes67/77€2,637€8,543--
Profit (loss) for the period9904€1,059€26,184-€38,539-
Profit (loss) for the period to be appropriated9905€1,059€26,184-€38,539-
Line201820192021Change
Assets
Total assets20/58€83,869€107,793€184,358-
Fixed assets21/28€19,438€21,437€50,398-
Tangible fixed assets22/27€18,478€20,477€49,438-
Plant, machinery and equipment23--€38,615-
Furniture and vehicles24--€10,822-
Financial fixed assets28€960€960€960-
Current assets29/58€64,432€86,356€133,960-
Amounts receivable within one year40/41€40,798€62,763€121,953-
Trade receivables40--€44,818-
Other amounts receivable41--€77,135-
Cash at bank and in hand54/58€17,457€14,400€11,743-
Deferred charges and accrued income490/1--€264-
Equity and liabilities
Total equity and liabilities10/49€83,869€107,793€184,358-
Equity10/15€35,728€61,912€76,222-
Contributions10/11€6,500€6,500€6,500-
Reserves13€1,860€1,860€1,860-
Non-distributable reserves130/1--€1,860-
Reserves not available under the articles1311--€1,860-
Profit (loss) carried forward14€27,368€53,552€67,862-
Amounts payable17/49€48,141€45,880€108,136-
Amounts payable within one year42/48€48,141€45,880€108,136-
Financial debts43--€26,099-
Credit institutions430/8--€26,099-
Trade debts44€8,758€18,820€72,309-
Suppliers440/4--€72,309-
Taxes, remuneration and social security45--€9,727-
Taxes450/3--€9,727-
Line201820192021Change
Profit (loss) for the period9904€1,059€26,184-€38,539-
+ Depreciation and write-downs630€6,894€11,341€10,989-
Operating cash flow (approximation)€7,953€37,525-€27,550-
Investment in fixed assets (approximation)--€13,341--
Change in cash--€3,058--

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
25-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 01-07-2025
2023
05-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 278 days late
2021
31-12
Financial Weakest financial yearnet -€38,539
Net result drops to -€38,539, the lowest in the series.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial Highest result since 2018net €26,184 ▲2,372%
Operating result €35,268, net result €26,184, both a record.
09-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 131 days late
2018
27-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 119 days late
30-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 183 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Balen · 1 establishment unit since 2015
seat establishment approximate The establishment unit on the map
Ground area
515 m²
Building footprint
153 m²
Parcel 13342B1327/00H023, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
B & L
Kapelerf 7, 2490 BalenConstruction of residential and non-residential buildings
since 20152.250.297.852
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13342B1327/00H023 Flanders 515 m² 1 · 153 m² 0.2 m
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 CHRISTOPHE GEUKENS
LINDESTRAAT 2, 2490 BALEN-
01-07-2025 → present

Similar companies · same sector, comparable size

Of 3,719 companies in sector 33120 we hold annual accounts for 1,347. 1,102 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)
Founded30-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
43350Other building finishing work
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.