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BAIVY

Open bankruptcy
Public limited companyfounded 2005Rue du Bassin 2A, 4101 Seraing, BelgiumKBO/BCE: BE 0873.335.441

A bankruptcy procedure is open for BAIVY according to publications in the Belgian State Gazette; curator: PIERRE THIRY.

Summary

The 2018 annual accounts show equity of €85,504 and a net result of -€356,423.

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 Liège, Liège division
Declared bankrupt
20 April 2020
Supervising judge
Anne-Michele Fastre
Official Gazette
28-04-2020 (pdf) ↗search the document for 2020/116518

Deadlines

Appeal or third-party opposition until
passed on 13 May 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 May 2020art. XX.104 and XX.155 CEL
First verification report
passed on 4 June 2020Goods 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 20 April 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pierre ThiryPlace Du Haut-Pre 10, 4000 Liege 1p.thiry@cavenaile-law.be

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 31-12-2018 was due by 31-07-2019 and was filed on 31-08-2019, 31 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 filingsring = median in the sector

The sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 20 April 2005, BAIVY was incorporated.1 The company has filed 14 sets of annual accounts, the latest for fiscal year 2018.2 The company was declared bankrupt on 20 April 2020.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018
  3. 3Belgian State Gazette, 28-04-2020

Go further with this company

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

Financials · fiscal year 2018, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€356,423
Working capital
-€682
Balance-sheet composition
Assets €2.3m
Fixed assets €112,920
Current assets €2.2m
Equity and liabilities €2.3m
Equity €85,504
Debt €2.2m
Debt finances 96.3% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
-€340,112
Cash flow
-€340,042
Current ratio
1.00
Quick ratio
0.73
Debt to equity
0.33
ROE
-416.9%
ROA
-15.4%
Debt ≤ 1 year
€2.2m
Debt > 1 year
€27,931
Income taxes
€136
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 28 lines
Balance sheet Code2018
Assets
Total assets20/58€2.3m
Formation expenses20€1,197
Fixed assets21/28€112,920
Intangible fixed assets21€1,026
Tangible fixed assets22/27€17,732
Financial fixed assets28€94,161
Current assets29/58€2.2m
Stocks and contracts in progress3€589,125
Amounts receivable within one year40/41€1.6m
Cash at bank and in hand54/58€5,901
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€85,504
Contributions10/11€368,600
Reserves13€41,216
Profit (loss) carried forward14-€324,313
Amounts payable17/49€2.2m
Amounts payable after more than one year17€27,931
Amounts payable within one year42/48€2.2m
Trade debts44€708,825
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,381
Gross operating margin9900-€328,470
Operating profit (loss)9901-€356,493
Recurring financial income75€3,575
Recurring financial charges65€3,369
Profit (loss) for the period before taxes9903-€356,287
Income taxes67/77€136
Profit (loss) for the period9904-€356,423
Profit (loss) for the period to be appropriated9905-€356,423
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,381
Gross operating margin9900-€328,470
Operating profit (loss)9901-€356,493
Recurring financial income75€3,575
Recurring financial charges65€3,369
Profit (loss) for the period before taxes9903-€356,287
Income taxes67/77€136
Profit (loss) for the period9904-€356,423
Profit (loss) for the period to be appropriated9905-€356,423
Line2018
Assets
Total assets20/58€2.3m
Formation expenses20€1,197
Fixed assets21/28€112,920
Intangible fixed assets21€1,026
Tangible fixed assets22/27€17,732
Financial fixed assets28€94,161
Current assets29/58€2.2m
Stocks and contracts in progress3€589,125
Amounts receivable within one year40/41€1.6m
Cash at bank and in hand54/58€5,901
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€85,504
Contributions10/11€368,600
Reserves13€41,216
Profit (loss) carried forward14-€324,313
Amounts payable17/49€2.2m
Amounts payable after more than one year17€27,931
Amounts payable within one year42/48€2.2m
Trade debts44€708,825
Line2018
Profit (loss) for the period9904-€356,423
+ Depreciation and write-downs630€16,381
Operating cash flow (approximation)-€340,042

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2020
28-04
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 20-04-2020
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
29-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2012
23-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 23 days late
11-04
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 255 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 31 days late
SignalNBB filing
0 of 15 acts read
About the unread acts

We know of 15 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
15 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, Seraing · 1 establishment unit since 2005
seat establishment approximate The establishment unit on the map
Ground area
385 m²
Building footprint
215 m²
Volume, LiDAR
1,770 m³
Parcel 62058A0435/00H003, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BOSCARINO CONSTRUCTION
Rue du Bassin 2, 4101 SeraingNACE 45112
since 20052.147.077.974
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62058A0435/00H003indicative Wallonia 385 m² 1 · 215 m² 9.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
0 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 PIERRE THIRY
PLACE DU HAUT-PRE 10, 4000 LIEGE 1-
20-04-2020 → present

Similar companies · same sector, comparable size

Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 13,189 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
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 28 September 2026 · Peppol Directory

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