BELSIBE

Open bankruptcy

Non-profit associationfounded 1986Oudebaan 106, 3360 Bierbeek, BelgiumKBO/BCE: BE 0433.186.459

A bankruptcy procedure is open for BELSIBE according to publications in the Belgian State Gazette. The 2017 annual accounts show equity of €229k and a net result of €-53k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 24-10-2018, 85 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 →

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

Financials · fiscal year 2017, abbreviated schema

Equity

€229k▼ 18.8%

2016 · €283k

2013: €466k 2014: €398k 2015: €342k 2016: €283k

2013 → 2017

Total assets

€539k▼ 12.4%

2016 · €616k

2013: €784k 2014: €698k 2015: €649k 2016: €616k

2013 → 2017

Net result

€-53k▲ 10.6%

2016 · €-60k

2013: €18k 2014: €-68k 2015: €-56k 2016: €-60k

2013 → 2017

Working capital

€366k▼ 12.7%

2016 · €420k

2013: €585k 2014: €531k 2015: €474k 2016: €420k

2013 → 2017

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20132014201520162017Trend

Equity€466k-€398k▼ 14.6%€342k▼ 14.0%€283k▼ 17.4%€229k▼ 18.8%

Operating result€12k-€-73k€-7k▲ 90.5%€-64k▼ 831%€-51k▲ 20.3%

Net result€18k-€-68k€-56k▲ 17.7%€-60k▼ 6.4%€-53k▲ 10.6%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €51k in 2017 against €64k in 2016; the loss shrinks.

Balance-sheet composition

2017 in colour, 2016 as the grey bar beneath

Assets €539k

12.2%

87.8%

Fixed assets €66k▼ 7.1%

Current assets €473k▼ 13.1%

Equity and liabilities €539k

42.5%

57.5%

Equity €229k▼ 18.8%

Debt €310k▼ 7.0%

The debt ratio rises from 54.1% to 57.5%. Equity and debt are lower.

Key figures and ratios

2017 value · change against 2016

EBITDA

€-44k▲

2016 · €-57k

Cash flow

€-45k▲

2016 · €-52k

Solvency

42.5%▼

2016 · 45.9%

Current ratio

4.42▲

2016 · 4.35

Quick ratio

4.42▲

2016 · 4.35

Debt / equity

0.87▲

2016 · 0.74

ROE

-23.2%▼

2016 · -21.1%

ROA

-9.9%▼

2016 · -9.7%

Debt

€310k▼

2016 · €333k

Debt ≤ 1 year

€107k▼

2016 · €125k

Debt > 1 year

€201k▼

2016 · €208k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2017 against 2016

Balance sheet Code20162017

Assets

Total assets20/58€616k€539k▼

Fixed assets21/28€71k€66k▼

Tangible fixed assets22/27€19k€14k▼

Financial fixed assets28€52k€52k=

Current assets29/58€545k€473k▼

Amounts receivable within one year40/41€499k€433k▼

Cash at bank and in hand54/58€22k€14k▼

Equity and liabilities

Total equity and liabilities10/49€616k€539k▼

Equity10/15€283k€229k▼

Profit (loss) carried forward14€283k€229k▼

Amounts payable17/49€333k€310k▼

Amounts payable after more than one year17€208k€201k▼

Amounts payable within one year42/48€125k€107k▼

Trade debts44€36k€45k▲

Income statement Code20162017

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲

Gross operating margin9900€374k€372k▼

Operating profit (loss)9901€-64k€-51k▲

Recurring financial income75€7k€1▼

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€-58k€-53k▲

Profit (loss) for the period9904€-60k€-53k▲

Profit (loss) for the period to be appropriated9905€-60k€-53k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 12Signals 1Financial 1Filings 10

2023

05-04

Bankruptcy Opening

Ondernemingsrechtbank Leuven · BELSIBE VZW OUDEBAAN 106, 3360 BIERBEEK · event 30-03-2023

2018

24-10

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 85 days late

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 29 days late

2016

26-09

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 57 days late

2015

22-09

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 53 days late

2014

31-12

Financial Weakest financial yearnet €-68k ▼481%

Net result drops to €-68k, the lowest in the series.

28-08

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 28 days late

2013

20-08

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema · 20 days late

2012

31-07

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema

2011

28-07

NBB filing Annual accounts filed

fiscal year 2010 · abbreviated schema

2010

26-08

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema · 26 days late

2009

31-07

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Bierbeek · 1 establishment unit since 2006

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Oudebaan 1063360 Bierbeek

Ground area

4,984 m²

Building footprint

4,254 m²

Volume, LiDAR

23,335 m³

Parcel 24053B0176/00M000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

BELSIBE vzw

Oudebaan 106, 3360 BierbeekResidential care activities

since 20062.156.415.116

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24053B0176/00M000	Flanders	4,984 m²	1 · 4,254 m²	9.0 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

2 mandates

Role	Name	Tenure
Curator	JAN DE RIECK FONTEINSTRAAT 1A, 3000 LEUVEN-	30-03-2023 → present
Curator	STEVEN VERBEKE OLV Broeders- straat 3, 3300 TIENEN ↔ Also on 150 other cases	30-03-2023 → present

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 38,831 EUR awarded · 38,831 EUR paid

Year	Entries	awarded	paid
2024	1	-179 EUR	0 EUR
2023	1	7,989 EUR	7,989 EUR
2022	2	31,021 EUR	30,842 EUR

Schemes

Dienstencheques

2 entries · 38,831 EUR · 38,831 EUR paid · Departement Werk en Sociale Economie

Opleidingsfonds dienstencheques

2 entries · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Bierbeek2.156.415.116

1 permission

Detailhandel LM>3 maand · since 27-06-2020

Care and welfare

2 services · 0 live

LDC TER KORBEKE

Care and Health agency · ended

Lokaal dienstencentrum

Service Residentie Ter Korbeke

Care and Health agency · ended

Groep van Assistentiewoningen

Company data · Crossroads Bank

Identification

Legal formNon-profit association

Founded01-12-1986

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Phone:016463925

Establishment Bierbeek 2.156.415.116