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BELMODO

Open bankruptcy
Private limited company (pre-2019)founded 2008Korianderstraat 2B, 9000 Gent, BelgiumKBO/BCE: BE 0897.889.111

A bankruptcy procedure is open for BELMODO according to publications in the Belgian State Gazette; curator: VERONIQUE VAN ASCH.

Summary

The 2017 annual accounts show negative equity (-€351,383) and a net result of -€324,813.

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 Ghent, Ghent division
Declared bankrupt
8 February 2019
Supervising judge
Pascale Hoste
Official Gazette
15-02-2019 (pdf) ↗search the document for 2019/107158

Deadlines

Provisional date payments stopped
8 February 2019A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 2 March 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 10 March 2019art. XX.104 and XX.155 CEL
First verification report
passed on 20 March 2019Goods 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 8 February 2020Late, 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

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 31-12-2017 was due by 31-07-2018 and was filed on 31-07-2018, 0 days ahead of the deadline.
NBB · 4 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 2 days before the deadline, and 41% 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 14 May 2008, BELMODO was incorporated.1 Total assets went from EUR 198,340 in 2014 to EUR 283,176 in 2017 and headcount from 2 to 7.6 full-time equivalents.2 The company was declared bankrupt on 8 February 2019.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2014 and 2017
  3. 3Belgian State Gazette, 15-02-2019

Go further with this company

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

Financials · fiscal year 2017, abbreviated schema

Equity
-€351,383▼ 1,222%
2016 · -€26,570
Total assets
€283,176▼ 36.7%
2016 · €447,567
Net result
-€324,813▼ 578%
2016 · -€47,909
Working capital
-€519,919▼ 180%
2016 · -€185,896
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
Line2014201520162017
Operating result€6,145-€4,208▼ 31.5%-€39,021-€297,701▼ 663%
Net result-€4,146--€8,699▼ 110%-€47,909▼ 451%-€324,813▼ 578%
Equity€30,038-€21,338▼ 29.0%-€26,570-€351,383▼ 1,222%
Total assets€198,340-€459,672▲ 132%€447,567▼ 2.6%€283,176▼ 36.7%
Debt€168,303-€438,334▲ 160%€474,138▲ 8.2%€634,560▲ 33.8%
Working capital€11,657--€102,462-€185,896▼ 81.4%-€519,919▼ 180%
Staff (FTE)2-4.3▲ 115%5.1▲ 18.6%7.6▲ 49.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2014: €6,145€6,145Net result 2014: -€4,146-€4,146Operating result 2015: €4,208€4,208Net result 2015: -€8,699-€8,699Operating result 2016: -€39,021-€39,021Net result 2016: -€47,909-€47,909Operating result 2017: -€297,701-€297,701Net result 2017: -€324,813-€324,8132014201520162017-€400,000-€300,000-€200,000-€100,000€0Operating result 2015: €4,208€4,210Net result 2015: -€8,699-€8,700Operating result 2016: -€39,021-€39,000Net result 2016: -€47,909-€47,900Operating result 2017: -€297,701-€298,000Net result 2017: -€324,813-€325,000201520162017
The operating result stays negative: a loss of €297,701 in 2017 against €39,021 in 2016; the loss grows and 2017 has the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €269,778
Fixed assets €155,692 ▼ 18.9%
Current assets €114,086 ▼ 51.5%
Key figures and ratios
2017 value · change against 2016
EBITDA
-€235,285▼
2016 · €25,125
Cash flow
-€262,396▼
2016 · €16,237
Solvency
-124.1%▼
2016 · -5.9%
Current ratio
0.18▼
2016 · 0.56
Quick ratio
0.18▼
2016 · 0.55
ROA
-114.7%▼
2016 · -10.7%
Debt ≤ 1 year
€634,005▲
2016 · €421,299
Income taxes
€836▲
2016 · €412
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 · 2017 against 2016 · 28 lines
Balance sheet Code20162017
Assets
Total assets20/58€447,567€283,176▼
Formation expenses20€20,098€13,399▼
Fixed assets21/28€192,065€155,692▼
Intangible fixed assets21€177,732€146,769▼
Tangible fixed assets22/27€8,633€3,223▼
Financial fixed assets28€5,700€5,700=
Current assets29/58€235,404€114,086▼
Stocks and contracts in progress3€2,097€2,097=
Amounts receivable within one year40/41€157,605€111,989▼
Cash at bank and in hand54/58€57,768-
Equity and liabilities
Total equity and liabilities10/49€447,567€283,176▼
Equity10/15-€26,570-€351,383▼
Contributions10/11€18,600€18,600=
Reserves13€100€100=
Profit (loss) carried forward14-€45,270-€370,083▼
Amounts payable17/49€474,138€634,560▲
Amounts payable after more than one year17€52,335-
Amounts payable within one year42/48€421,299€634,005▲
Trade debts44€248,618€253,971▲
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,146€62,417▼
Gross operating margin9900€257,000€178,067▼
Operating profit (loss)9901-€39,021-€297,701▼
Recurring financial income75€1,634€833▼
Recurring financial charges65€10,109€27,108▲
Profit (loss) for the period before taxes9903-€47,496-€323,976▼
Income taxes67/77€412€836▲
Profit (loss) for the period9904-€47,909-€324,813▼
Profit (loss) for the period to be appropriated9905-€47,909-€324,813▼
Line2014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,518€24,828€64,146€62,417▼ 2.7%
Gross operating margin9900€93,211€195,298€257,000€178,067▼ 30.7%
Operating profit (loss)9901€6,145€4,208-€39,021-€297,701▼ 663%
Recurring financial income75€15€7€1,634€833▼ 49.0%
Recurring financial charges65€5,539€4,904€10,109€27,108▲ 168%
Profit (loss) for the period before taxes9903€226-€746-€47,496-€323,976▼ 582%
Income taxes67/77€4,372€7,953€412€836▲ 103%
Profit (loss) for the period9904-€4,146-€8,699-€47,909-€324,813▼ 578%
Profit (loss) for the period to be appropriated9905-€4,146-€8,699-€47,909-€324,813▼ 578%
Line2014201520162017Change
Assets
Total assets20/58€198,340€459,672€447,567€283,176▼ 36.7%
Formation expenses20-€26,797€20,098€13,399▼ 33.3%
Fixed assets21/28€18,380€159,998€192,065€155,692▼ 18.9%
Intangible fixed assets21-€116,680€177,732€146,769▼ 17.4%
Tangible fixed assets22/27€12,680€10,821€8,633€3,223▼ 62.7%
Financial fixed assets28€5,700€5,700€5,700€5,700=
Current assets29/58€179,960€299,674€235,404€114,086▼ 51.5%
Stocks and contracts in progress3-€2,097€2,097€2,097=
Amounts receivable within one year40/41€73,416€261,149€157,605€111,989▼ 28.9%
Cash at bank and in hand54/58€106,544€33,608€57,768--
Equity and liabilities
Total equity and liabilities10/49€198,340€459,672€447,567€283,176▼ 36.7%
Equity10/15€30,038€21,338-€26,570-€351,383▼ 1,222%
Contributions10/11€18,600€18,600€18,600€18,600=
Reserves13€100€100€100€100=
Profit (loss) carried forward14€11,338€2,638-€45,270-€370,083▼ 717%
Amounts payable17/49€168,303€438,334€474,138€634,560▲ 33.8%
Amounts payable after more than one year17-€35,571€52,335--
Amounts payable within one year42/48€168,303€402,136€421,299€634,005▲ 50.5%
Trade debts44€88,108€310,717€248,618€253,971▲ 2.2%
Line2014201520162017Change
Profit (loss) for the period9904-€4,146-€8,699-€47,909-€324,813▼ 578%
+ Depreciation and write-downs630€6,518€24,828€64,146€62,417▼ 2.7%
Operating cash flow (approximation)€2,372€16,128€16,237-€262,396▼ 1,716%
Investment in fixed assets (approximation)--€166,446-€96,213-€26,043▲ 72.9%
Change in cash--€72,936€24,161--

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

2019
15-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 08-02-2019
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-12
Financial Weakest financial yearnet -€324,813
Net result drops to -€324,813, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
03-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Gent · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
236 m²
Building footprint
236 m²
Volume, LiDAR
5,315 m³
Parcel 44805E0288/00K002, Flanders · tallest building 25.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Belmodo Media
Korianderstraat 2B, 9000 GentMotion picture, video and television programme production, sound recording and music publishing activities
since 20082.170.678.866
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44805E0288/00K002
ProtectedMonument · Townscape or village viewKatoenspinnerij De Gandt-Vander SchuerenSource ↗
Flanders 236 m² 1 · 236 m² 25.8 m · 8 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

1 mandate
Role Name Tenure
Curator VERONIQUE VAN ASCH
KONING ALBERTLAAN 128, 9000 GENT
08-02-2019 → present

Similar companies · same sector, comparable size

Of 484 companies in sector 59112 we hold annual accounts for 248. 180 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)
Founded14-05-2008
Fiscal year end31-12
Activities, NACEBEL 2025
59112Motion picture, video and television programme production, sound recording and music publishing activities
59114Motion picture, video and television programme production, sound recording and music publishing activities
59130Motion picture, video and television programme production, sound recording and music publishing activities
59201Sound recording
73110Advertising agencies
73300Public relations and communication consultancy
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 27 September 2026 · Peppol Directory

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