BEPA
Open bankruptcyA bankruptcy procedure is open for BEPA according to publications in the Belgian State Gazette; curator: EDOUARD FRANCK.
Summary
Inactive; last annual accounts for fiscal year 2017.
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
- 21 January 2019
- Supervising judge
- Patricia Bourdoux
- Official Gazette
- 28-01-2019 (pdf) ↗search the document for 2019/103651
Curator
- Edouard FranckRue Des Augustins 32, 4000 Liege 1edouard.franck@henry-mersch.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline27-09-2026 today
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 26-07-2018, 5 days ahead of the deadline.
NBB · 10 filingsDeviation 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 filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€29,413▼ 26.5%
2016 · -€23,251
Working capital
-€5,787▲ 71.5%
2016 · -€20,272
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
Line20132014201520162017
Operating result-€22,568--€12,338▲ 45.3%-€15,691▼ 27.2%-€16,343▼ 4.2%-€2,092▲ 87.2%
Net result-€31,082-€37,464-€22,409-€23,251▼ 3.8%-€29,413▼ 26.5%
Equity-€86,352--€48,888▲ 43.4%-€71,297▼ 45.8%-€94,548▼ 32.6%-€123,961▼ 31.1%
Total assets€155,988-€140,296▼ 10.1%€119,777▼ 14.6%€102,496▼ 14.4%€1,149▼ 98.9%
Debt€242,340-€189,184▼ 21.9%€191,074▲ 1.0%€197,044▲ 3.1%€125,110▼ 36.5%
Working capital-€12,834--€2,259▲ 82.4%-€18,326▼ 711%-€20,272▼ 10.6%-€5,787▲ 71.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,092 in 2017 against €16,343 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €1,149
Fixed assets
€64 ▼ 99.9%
Current assets
€1,085 ▼ 81.7%
Key figures and ratios
EBITDA
-€1,714▲
2016 · -€5,336
Cash flow
-€29,035▼
2016 · -€12,244
Debt ≤ 1 year
€6,872▼
2016 · €26,211
Debt > 1 year
€118,238▼
2016 · €170,833
Ratios withheld: a balance sheet total of €1,149 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,053 | €14,362 | €14,011 | €11,007 | €378 | ▼ 96.6% |
| Gross operating margin9900 | -€2,092 | €5,191 | -€384 | -€4,107 | €584 | ▲ 114% |
| Operating profit (loss)9901 | -€22,568 | -€12,338 | -€15,691 | -€16,343 | -€2,092 | ▲ 87.2% |
| Recurring financial income75 | €15 | €93 | €29 | €99 | €39 | ▼ 60.7% |
| Recurring financial charges65 | €8,441 | €7,802 | €6,747 | €7,007 | €27,360 | ▲ 290% |
| Profit (loss) for the period before taxes9903 | -€30,994 | €37,464 | -€22,409 | -€23,251 | -€29,413 | ▼ 26.5% |
| Income taxes67/77 | €88 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€31,082 | €37,464 | -€22,409 | -€23,251 | -€29,413 | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | -€31,082 | -€20,046 | -€22,409 | -€23,251 | -€29,413 | ▼ 26.5% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155,988 | €140,296 | €119,777 | €102,496 | €1,149 | ▼ 98.9% |
| Fixed assets21/28 | €135,615 | €121,575 | €107,564 | €96,557 | €64 | ▼ 99.9% |
| Tangible fixed assets22/27 | €135,615 | €121,575 | €107,564 | €96,557 | €64 | ▼ 99.9% |
| Current assets29/58 | €20,373 | €18,721 | €12,213 | €5,939 | €1,085 | ▼ 81.7% |
| Stocks and contracts in progress3 | €6,175 | €5,920 | €4,510 | €2,900 | €1,082 | ▼ 62.7% |
| Amounts receivable within one year40/41 | €12,531 | €7,278 | €4,625 | €2,747 | - | - |
| Cash at bank and in hand54/58 | €1,503 | €5,348 | €2,882 | €96 | €3 | ▼ 96.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155,988 | €140,296 | €119,777 | €102,496 | €1,149 | ▼ 98.9% |
| Equity10/15 | -€86,352 | -€48,888 | -€71,297 | -€94,548 | -€123,961 | ▼ 31.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €249 | €57,759 | €57,759 | €57,759 | €57,759 | = |
| Profit (loss) carried forward14 | -€106,601 | -€126,647 | -€149,056 | -€172,307 | -€201,720 | ▼ 17.1% |
| Amounts payable17/49 | €242,340 | €189,184 | €191,074 | €197,044 | €125,110 | ▼ 36.5% |
| Amounts payable after more than one year17 | €209,133 | €168,204 | €160,535 | €170,833 | €118,238 | ▼ 30.8% |
| Amounts payable within one year42/48 | €33,207 | €20,980 | €30,539 | €26,211 | €6,872 | ▼ 73.8% |
| Trade debts44 | €7,473 | €5,290 | €13,069 | €9,028 | €3,713 | ▼ 58.9% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€31,082 | €37,464 | -€22,409 | -€23,251 | -€29,413 | ▼ 26.5% |
| + Depreciation and write-downs630 | €17,053 | €14,362 | €14,011 | €11,007 | €378 | ▼ 96.6% |
| Operating cash flow (approximation) | -€14,029 | €51,826 | -€8,398 | -€12,244 | -€29,035 | ▼ 137% |
| Investment in fixed assets (approximation) | - | -€321 | €0 | €0 | €96,115 | - |
| Change in cash | - | €3,845 | -€2,467 | -€2,786 | -€93 | ▲ 96.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2019
28-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 21-01-2019
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Back to profitnet €37,464
Net result €37,464 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
07-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 219 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 584 days late
2011
06-12
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 128 days late
2010
13-10
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 74 days late
2009
29-09
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EDOUARD FRANCK RUE DES AUGUSTINS 32,
4000 LIEGE 1 |
21-01-2019 → present |