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BGE Services

Open bankruptcy
Private limited companyfounded 2013Hoogstraat 4, 8531 Harelbeke, BelgiumKBO/BCE: BE 0523.887.201

A bankruptcy procedure is open for BGE Services according to publications in the Belgian State Gazette; curator: LISE VERMEERSCH.

Summary

The 2022 annual accounts show equity of €39,900 and a net result of -€79,088.

BGE ServicesOpen bankruptcy

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, Kortrijk division
Declared bankrupt
13 March 2025
Supervising judge
Anne-Marie Lauwers
Official Gazette
19-03-2025 (pdf) ↗search the document for 2025/111431

Deadlines

Provisional date payments stopped
13 March 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 April 2025art. XX.104 and XX.155 CEL
First verification report
passed on 29 April 2025Goods 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 13 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Lise VermeerschKachtemsestraat 334, 8800 Roeselarelise.vermeersch@advocaat.be

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 · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
29 d early
2020
33 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 13 March 2013, BGE Services was incorporated.1 Total assets went from EUR 102,533 in 2018 to EUR 44,294 in 2022.2 The company was declared bankrupt on 13 March 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 19-03-2025

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€39,900▼ 66.5%
2021 · €118,988
Total assets
€44,294▼ 64.9%
2021 · €126,359
Net result
-€79,088▼ 612%
2021 · -€11,115
Working capital
€7,785▼ 93.5%
2021 · €118,988
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
Line20182019202020212022
Operating result€49,410-€47,134▼ 4.6%€36,048▼ 23.5%-€10,551-€39,909▼ 278%
Net result€41,123-€37,989▼ 7.6%€27,620▼ 27.3%-€11,115-€79,088▼ 612%
Equity€84,494-€107,483▲ 27.2%€130,103▲ 21.0%€118,988▼ 8.5%€39,900▼ 66.5%
Total assets€102,533-€135,256▲ 31.9%€160,529▲ 18.7%€126,359▼ 21.3%€44,294▼ 64.9%
Debt€18,039-€27,773▲ 54.0%€30,426▲ 9.5%€7,371▼ 75.8%€4,394▼ 40.4%
Working capital€83,392-€106,932▲ 28.2%€130,103▲ 21.7%€118,988▼ 8.5%€7,785▼ 93.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2018: €49,410€49,410Net result 2018: €41,123€41,123Operating result 2019: €47,134€47,134Net result 2019: €37,989€37,989Operating result 2020: €36,048€36,048Net result 2020: €27,620€27,620Operating result 2021: -€10,551-€10,551Net result 2021: -€11,115-€11,115Operating result 2022: -€39,909-€39,909Net result 2022: -€79,088-€79,08820182019202020212022-€100,000-€50,000€0€50,000Operating result 2020: €36,048€36,000Net result 2020: €27,620€27,600Operating result 2021: -€10,551-€10,600Net result 2021: -€11,115-€11,100Operating result 2022: -€39,909-€39,900Net result 2022: -€79,088-€79,100202020212022
The operating result stays negative: a loss of €39,909 in 2022 against €10,551 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €44,294
Fixed assets €32,115
Current assets €12,179
Equity and liabilities €44,294
Equity €39,900 ▼ 66.5%
Debt €4,394 ▼ 40.4%
Debt's share of the balance-sheet total rises from 5.8% to 9.9%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
Current ratio
2.77▼
2021 · 17.14
Debt to equity
0.11▲
2021 · 0.06
ROE
-198.2%▼
2021 · -9.3%
ROA
-178.6%▼
2021 · -8.8%
Debt ≤ 1 year
€4,394▼
2021 · €7,371
Income taxes
€38,152▲
2021 · €2,398
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 · 2022 against 2021 · 41 lines
Balance sheet Code20212022
Assets
Total assets20/58€126,359€44,294▼
Fixed assets21/28-€32,115
Tangible fixed assets22/27-€32,115
Plant, machinery and equipment23-€3,961
Furniture and vehicles24-€23,939
Other tangible fixed assets26-€4,215
Current assets29/58€126,359€12,179▼
Amounts receivable after more than one year29€88,192-
Other amounts receivable291€88,192-
Amounts receivable within one year40/41€14,465€11,245▼
Trade receivables40€13,120€6,067▼
Other amounts receivable41€1,345€5,179▲
Cash at bank and in hand54/58€23,702€933▼
Equity and liabilities
Total equity and liabilities10/49€126,359€44,294▼
Equity10/15€118,988€39,900▼
Contributions10/11€2,000€2,000=
Reserves13€116,988€37,900▼
Non-distributable reserves130/1€28,399-
Reserves not available under the articles1311€28,399-
Distributable reserves133€88,589€37,900▼
Amounts payable17/49€7,371€4,394▼
Amounts payable within one year42/48€7,371€4,394▼
Trade debts44€7,208€4,048▼
Suppliers440/4€7,208€4,048▼
Taxes, remuneration and social security45€163€346▲
Taxes450/3€163€346▲
Income statement Code20212022
Other operating charges640/8€217€1,957▲
Non-recurring operating charges66A-€2,748
Gross operating margin9900-€10,334-€35,204▼
Operating profit (loss)9901-€10,551-€39,909▼
Financial income75/76B€3,912€7▼
Recurring financial income75€1,412€7▼
Non-recurring financial income76B€2,500-
Financial charges65/66B€2,078€1,034▼
Recurring financial charges65€2,078€1,034▼
Profit (loss) for the period before taxes9903-€8,716-€40,936▼
Income taxes67/77€2,398€38,152▲
Profit (loss) for the period9904-€11,115-€79,088▼
Profit (loss) for the period to be appropriated9905-€11,115-€79,088▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,115-€79,088▼
Transfer from equity791/2€11,115€79,088▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€551€551€551---
Other operating charges640/8---€217€1,957▲ 802%
Non-recurring operating charges66A----€2,748-
Gross operating margin9900€50,675€48,318€37,660-€10,334-€35,204▼ 241%
Operating profit (loss)9901€49,410€47,134€36,048-€10,551-€39,909▼ 278%
Financial income75/76B---€3,912€7▼ 99.8%
Recurring financial income75€3,653€5,584€2,611€1,412€7▼ 99.5%
Non-recurring financial income76B---€2,500--
Financial charges65/66B---€2,078€1,034▼ 50.3%
Recurring financial charges65€1,325€1,928€2,459€2,078€1,034▼ 50.3%
Profit (loss) for the period before taxes9903€51,738€50,790€36,199-€8,716-€40,936▼ 370%
Income taxes67/77€10,615€12,801€8,579€2,398€38,152▲ 1,491%
Profit (loss) for the period9904€41,123€37,989€27,620-€11,115-€79,088▼ 612%
Profit (loss) for the period to be appropriated9905€41,123€37,989€27,620-€11,115-€79,088▼ 612%
Line20182019202020212022Change
Assets
Total assets20/58€102,533€135,256€160,529€126,359€44,294▼ 64.9%
Fixed assets21/28€1,101€551--€32,115-
Tangible fixed assets22/27€1,101€551--€32,115-
Plant, machinery and equipment23----€3,961-
Furniture and vehicles24----€23,939-
Other tangible fixed assets26----€4,215-
Current assets29/58€101,431€134,706€160,529€126,359€12,179▼ 90.4%
Amounts receivable after more than one year29---€88,192--
Other amounts receivable291---€88,192--
Amounts receivable within one year40/41€65,520€98,291€55,451€14,465€11,245▼ 22.3%
Trade receivables40---€13,120€6,067▼ 53.8%
Other amounts receivable41---€1,345€5,179▲ 285%
Cash at bank and in hand54/58€12--€23,702€933▼ 96.1%
Equity and liabilities
Total equity and liabilities10/49€102,533€135,256€160,529€126,359€44,294▼ 64.9%
Equity10/15€84,494€107,483€130,103€118,988€39,900▼ 66.5%
Contributions10/11€2,000€2,000-€2,000€2,000=
Reserves13€82,494€105,483€128,103€116,988€37,900▼ 67.6%
Non-distributable reserves130/1---€28,399--
Reserves not available under the articles1311---€28,399--
Distributable reserves133---€88,589€37,900▼ 57.2%
Amounts payable17/49€18,039€27,773€30,426€7,371€4,394▼ 40.4%
Amounts payable within one year42/48€18,039€27,773€30,426€7,371€4,394▼ 40.4%
Trade debts44€2,828€5,868€4,323€7,208€4,048▼ 43.8%
Suppliers440/4---€7,208€4,048▼ 43.8%
Taxes, remuneration and social security45---€163€346▲ 112%
Taxes450/3---€163€346▲ 112%
Line20182019202020212022Change
Profit (loss) for the period9904€41,123€37,989€27,620-€11,115-€79,088▼ 612%
+ Depreciation and write-downs630€551€551€551---
Operating cash flow (approximation)€41,674€38,540€28,171-€11,115-€79,088▼ 612%
Investment in fixed assets (approximation)-€0----
Change in cash-----€22,769-

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

2025
19-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 13-03-2025
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€79,088
Net result drops to -€79,088, the lowest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity triplescurrent ratio 17.14
Current ratio from 5.28 to 17.14; short-term debt falls from €30,426 to €7,371.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100,000Eq €107,483 ▲27.2%
2 profitable years in a row build equity to €107,483.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
18-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Harelbeke · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
403 m²
Building footprint
75 m²
Volume, LiDAR
528 m³
Parcel 34004A0319/02H000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BGE SERVICES
Hoogstraat 4, 8531 HarelbekeRepair, maintenance and installation of machinery and equipment
since 20132.217.850.956
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34004A0319/02H000 Flanders 403 m² 1 · 75 m² 10.5 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LISE VERMEERSCH
KACHTEMSESTRAAT 334, 8800 ROESELARE
13-03-2025 → present

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 261 EUR awarded · 261 EUR paid
Year Entries awardedpaid
2022 1 261 EUR261 EUR
Schemes
1 entry · 261 EUR · 261 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formPrivate limited company
Founded13-03-2013
Fiscal year end31-12
Trade name NL BGE Aviation Services
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 28 September 2026 · Peppol Directory

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