BGL
Open bankruptcyA bankruptcy procedure is open for BGL according to publications in the Belgian State Gazette; curator: KATRIEN TEUGHELS.
Summary
The 2024 annual accounts show negative equity (-€1,934) and a net result of -€9,417.
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 Antwerp, Antwerp division
- Declared bankrupt
- 31 July 2025
- Supervising judge
- Yvan Jansen
- Official Gazette
- 06-08-2025 (pdf) ↗search the document for 2025/133462
Curator
- Katrien TeughelsCoremansstraat 14A, 2600 Berchem (Antwerpen)info@teughels-law.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 ↗
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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
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Signals
Two signals.
+raises risk
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 Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Plumbing work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€1,934
2023 · €7,483
Total assets
€2,838▼ 75.7%
2023 · €11,692
Net result
-€9,417▼ 132%
2023 · -€4,051
Working capital
-€2,034
2023 · €6,883
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
Line2021202220232024
Operating result€5,025-€2,818▼ 43.9%-€3,549-€8,824▼ 149%
Net result€3,794-€1,740▼ 54.1%-€4,051-€9,417▼ 132%
Equity€9,794-€11,534▲ 17.8%€7,483▼ 35.1%-€1,934
Total assets€16,223-€19,811▲ 22.1%€11,692▼ 41.0%€2,838▼ 75.7%
Debt€6,430-€8,277▲ 28.7%€4,210▼ 49.1%€4,772▲ 13.4%
Working capital€9,794-€10,934▲ 11.6%€6,883▼ 37.1%-€2,034
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,824 in 2024 against €3,549 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2,838
Fixed assets
€100 ▼ 83.3%
Current assets
€2,738 ▼ 75.3%
Key figures and ratios
Debt ≤ 1 year
€4,772▲
2023 · €4,210
Ratios withheld: a balance sheet total of €2,838 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,300 | - |
| Other operating charges640/8 | - | €1,306 | - | €403 | - |
| Gross operating margin9900 | €5,609 | €4,124 | -€3,549 | -€8,421 | ▼ 137% |
| Operating profit (loss)9901 | €5,025 | €2,818 | -€3,549 | -€8,824 | ▼ 149% |
| Financial income75/76B | - | €161 | €5 | €1 | ▼ 78.9% |
| Recurring financial income75 | - | €161 | €5 | €1 | ▼ 78.9% |
| Financial charges65/66B | - | €420 | €508 | €594 | ▲ 17.0% |
| Recurring financial charges65 | €176 | €420 | €508 | €594 | ▲ 17.0% |
| Profit (loss) for the period before taxes9903 | €4,849 | €2,559 | -€4,051 | -€9,417 | ▼ 132% |
| Income taxes67/77 | €1,056 | €819 | - | - | - |
| Profit (loss) for the period9904 | €3,794 | €1,740 | -€4,051 | -€9,417 | ▼ 132% |
| Profit (loss) for the period to be appropriated9905 | €3,794 | €1,740 | -€4,051 | -€9,417 | ▼ 132% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16,223 | €19,811 | €11,692 | €2,838 | ▼ 75.7% |
| Fixed assets21/28 | - | €600 | €600 | €100 | ▼ 83.3% |
| Financial fixed assets28 | - | €600 | €600 | €100 | ▼ 83.3% |
| Current assets29/58 | €16,223 | €19,211 | €11,092 | €2,738 | ▼ 75.3% |
| Amounts receivable within one year40/41 | €10,737 | €17,412 | €7,203 | €1,927 | ▼ 73.2% |
| Trade receivables40 | - | €8,875 | €257 | €612 | ▲ 138% |
| Other amounts receivable41 | - | €8,537 | €6,946 | €1,315 | ▼ 81.1% |
| Cash at bank and in hand54/58 | €5,486 | €1,084 | €3,155 | €811 | ▼ 74.3% |
| Deferred charges and accrued income490/1 | - | €716 | €734 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16,223 | €19,811 | €11,692 | €2,838 | ▼ 75.7% |
| Equity10/15 | €9,794 | €11,534 | €7,483 | -€1,934 | ▼ 126% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €3,794 | €3,794 | €1,483 | €1,483 | = |
| Distributable reserves133 | - | €3,794 | €1,483 | €1,483 | = |
| Profit (loss) carried forward14 | - | €1,740 | - | -€9,417 | - |
| Amounts payable17/49 | €6,430 | €8,277 | €4,210 | €4,772 | ▲ 13.4% |
| Amounts payable within one year42/48 | €6,430 | €8,277 | €4,210 | €4,772 | ▲ 13.4% |
| Trade debts44 | €1,586 | €7,185 | €1,945 | €4,735 | ▲ 143% |
| Suppliers440/4 | - | €7,185 | €1,945 | €4,735 | ▲ 143% |
| Advances received on contracts in progress46 | - | - | €1,579 | - | - |
| Taxes, remuneration and social security45 | - | €1,092 | €686 | €38 | ▼ 94.5% |
| Taxes450/3 | - | €1,092 | €686 | €38 | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,794 | €1,740 | -€4,051 | -€9,417 | ▼ 132% |
| Operating cash flow (approximation) | €3,794 | €1,740 | -€4,051 | -€9,417 | ▼ 132% |
| Investment in fixed assets (approximation) | - | - | €0 | €500 | - |
| Change in cash | - | -€4,403 | €2,072 | -€2,344 | ▼ 213% |
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
2025
06-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-07-2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 94 days late
2024
30-06
Financial
Weakest financial yearnet -€9,417
Net result drops to -€9,417, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2020
Ground area
210 m²
Building footprint
106 m²
Volume, LiDAR
1,056 m³
Parcel 11342A0241/00G004, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BGL
since 20202.308.953.851
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0241/00G004 | Flanders | 210 m² | 1 · 106 m² | 14.6 m · 4 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 | KATRIEN TEUGHELS COREMANSSTRAAT 14A,
2600 BERCHEM (ANTWERPEN) |
31-07-2025 → present |
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Of 7,043 companies in sector 43221 we hold annual accounts for 3,473. 1,493 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
Founded22-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
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.