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BELSAY

Open bankruptcy
Public limited companyfounded 1992Rue du Follet(K) 10, 7540 Tournai, Belgium52 active companies are registered at this addressKBO/BCE: BE 0447.803.666
Summary

A bankruptcy procedure is open for BELSAY according to publications in the Belgian Official Gazette. The 2019 annual accounts show equity of €1.5m and a net result of €162,953.

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BELSAYOpen bankruptcy
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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 Hainaut, Tournai division
Declared bankrupt
30 March 2021
Supervising judge
Liliane Stradiot
Official Gazette
06-04-2021 (pdf) ↗search the document for 2021/113010

Deadlines

Provisional date payments stopped
30 March 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 21 April 2021Fifteen 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 29 April 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 13 May 2021Reclaim 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 30 March 2022A 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

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
Wholesale of household textiles and bedding
NACE 46412
23 sites
Size
€16.8mturnover 2019
Staff
98.7 FTE
Equity
€1.5m
Profit
€162,953
Financial health
Open bankruptcy: no score
Structure
Parent
Diramode SAS
0 of 26 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow 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 · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 21-07-2020, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2019
10 days early
2018
22 days early
2017
33 days early
2016
32 days early
2015
18 days early
2014
65 days early
2013
41 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median (NACE 46) for financial year 2019 is on the deadline day, and 48% 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 Hainaut, Tournai…
  2. Annual accounts filedfinancial year 2019 · full…
  3. Back to profitnet €162,953

Key points

  • Risk: Declared bankrupttrustee: Thierry Opsomer 30-03-2021 View
  • Controlled by Diramode SAS parent View
  • Positive: Back in profit in 2019after -€1.1m in 2018 €162,953 View

By topic

Financials

Financial year
2019
Turnover
€16.8m
Profit
€162,953
Solvency
40.0%
Turnover▼ 13.4%
Net result
20182019
Go to Financials

Timeline

Events
29
Since
1994
  1. 09-07-2019Annual accounts filed
  2. 28-06-2018Annual accounts filed
  3. 29-06-2017Annual accounts filed
Go to Timeline

Company details

Sites
23
Legal form
Public limited company
Activity
Wholesale of household textiles and beddingNACE 46412
Founded
02-07-1992
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 Are there other customers at risk in your own list?Process a list How is the wholesale of household textiles and bedding sector doing?Sector figures

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

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