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BelGaN Group

Open bankruptcy
Private limited companyfounded 2021Westerring 15, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0775.309.320
Summary

A bankruptcy procedure is open for BelGaN Group according to publications in the Belgian Official Gazette. The 2023 annual accounts show negative equity (-€4.3m) and a net result of -€45.8m.

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Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Oudenaarde division
Declared bankrupt
19 November 2024
Official Gazette
26-11-2024 (pdf) ↗search the document for 2024/145760

Deadlines

Provisional date payments stopped
19 November 2024A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 11 December 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 19 December 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 31 December 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 19 November 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Ali HeermanEinestraat 34, 9700 Oudenaardeadvocatenkantoor.heerman@skynet.be
  • Eric FlameeEiland 27, 9520 Sint-Lievens-Houtemef@flamee-vanderstichelen.be
  • Jurgen Van den BosscheGentstraat 152, 9700 Ouden- Aardejurgen.vandenbossche@ovdb.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€112,857turnover 2023
Staff
1.5 FTE
Equity
-€4.3m
Loss
-€45.8m
Standalone figures, without subsidiaries
Financial health
Open bankruptcy: no score
Structure
Holdings
1
0 of 8 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-10-2024, 84 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2023
84 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 58 days after the deadline; the sector median (NACE 64) for financial year 2023 is 12 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Oudenaarde…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Declared bankrupttrustee: Ali Heerman 19-11-2024 View
  • Caution: Turnover fell in 2023from €616,344 to €112,857 ▼ 81.7% View
  • Turnover 20232 financial years filed €112,857 View

By topic

Financials

Financial year
2023
Turnover
€112,857
Loss
-€45.8m
Solvency
-557.3%
Turnover▼ 81.7%
Net result
20222023
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of holding companiesNACE 64210
Founded
05-10-2021
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Which other companies belong to the same group?BelGaN Group · 3 companies Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the activities of holding companies sector doing?Sector figures

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