BiiON
Open bankruptcyA bankruptcy procedure is open for BiiON according to publications in the Belgian State Gazette; curator: ANTOINE BRAUN.
Summary
The file additionally contains 3 judicial reorganisation notices. The 2020 annual accounts show negative equity (-€586,004) and a net result of €2.0m.
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 Walloon Brabant
- Declared bankrupt
- 11 April 2022
- Supervising judge
- Marc Thill
- Official Gazette
- 15-04-2022 (pdf) ↗search the document for 2022/113860
Deadlines
- Appeal or third-party opposition until
- passed on 30 April 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 11 May 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 May 2022Goods 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 11 April 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Antoine BraunVieux Chemin Du Poete 11, 1301 Biergesa.braun@ibilaw.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.
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
Embed in an article
Writing about this bankruptcy? Put the card of BiiON in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
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 Are there other customers at risk in your own list?List enrichment How is the Installation of industrial machinery and equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
€7.6m▲ 41.4%
2018 · €5.4m
EBIT margin
-38.5%▼ 39.1pp
2018 · 0.6%
Net result
€2.0m
2019 · -€3.1m
Working capital
-€557,662▲ 63.4%
2019 · -€1.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€5.4m-€7.6m▲ 41.4%
Operating result€31,704--€2.9m-€658,961▲ 77.6%
Net result€27,662--€3.1m€2.0mabove the sector's middle half
EBIT margin0.6%--38.5%▼ 39.1pp
Equity€1.2m--€1.8m-€586,004below the sector's middle half▲ 67.2%
Total assets€7.0m-€6.4m▼ 9.0%€1.6mwithin the sector's middle half▼ 75.1%
Debt€5.8m-€7.7m▲ 32.4%€2.2m▼ 71.8%
Working capital€769,706--€1.5m-€557,662below the sector's middle half▲ 63.4%
Solvency16.8%--28.2%▼ 44.9pp-37.0%below the sector's middle half▼ 8.8pp
Current ratio1.19-0.73▼ 0.460.74below the sector's middle half▲ 0.01
Return on assets (ROA)0.4%--48.9%▼ 49.3pp124.5%above the sector's middle half▲ 173.4pp
Staff (FTE)56.3-52.4▼ 6.9%1below the sector's middle half▼ 98.1%
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €658,961 in 2020 against €2.9m in 2019; the loss shrinks.
Key figures and ratios
EBITDA
-€374,100▲
2019 · -€2.6m
Cash flow
€2.3m▲
2019 · -€2.7m
Debt to equity
-3.70▼
2019 · -1.05
Interest coverage
-2.76▲
2019 · -10.77
Debt ≤ 1 year
€2.1m▼
2019 · €5.7m
Staff costs
€3.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €5.4m | €7.6m | - | - |
| Remuneration, social security and pensions62 | - | - | €3.0m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €301,676 | €370,549 | €284,861 | ▼ 23.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€442,675 | - |
| Other operating charges640/8 | - | - | €175,276 | - |
| Gross operating margin9900 | - | - | €2.3m | - |
| Operating profit (loss)9901 | €31,704 | -€2.9m | -€658,961 | ▲ 77.6% |
| Financial income75/76B | - | - | €3.1m | - |
| Recurring financial income75 | €67,239 | €110,312 | €96,932 | ▼ 12.1% |
| Non-recurring financial income76B | - | - | €3.0m | - |
| Financial charges65/66B | - | - | €459,411 | - |
| Recurring financial charges65 | €82,664 | €277,401 | €135,389 | ▼ 51.2% |
| Debt charges650 | €74,136 | €238,360 | - | - |
| Non-recurring financial charges66B | - | - | €324,022 | - |
| Profit (loss) for the period before taxes9903 | €16,191 | -€3.1m | €2.0m | ▲ 164% |
| Income taxes67/77 | -€11,472 | - | - | - |
| Profit (loss) for the period9904 | €27,662 | -€3.1m | €2.0m | ▲ 164% |
| Transfer to tax-exempt reserves689 | - | - | €3.0m | - |
| Profit (loss) for the period to be appropriated9905 | €27,662 | -€3.1m | -€1.0m | ▲ 67.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €7.0m | €6.4m | €1.6m | ▼ 75.1% |
| Fixed assets21/28 | €2.1m | €2.2m | - | - |
| Intangible fixed assets21 | €2.1m | €2.2m | - | - |
| Tangible fixed assets22/27 | €43,179 | €32,812 | - | - |
| Financial fixed assets28 | €2,000 | €10,335 | - | - |
| Current assets29/58 | €4.9m | €4.2m | €1.6m | ▼ 61.9% |
| Amounts receivable after more than one year29 | - | - | €74,504 | - |
| Other amounts receivable291 | - | - | €74,504 | - |
| Stocks and contracts in progress3 | €65,000 | €65,000 | - | - |
| Amounts receivable within one year40/41 | €3.4m | €3.3m | €1.5m | ▼ 55.1% |
| Trade receivables40 | - | - | €1.2m | - |
| Other amounts receivable41 | - | - | €233,800 | - |
| Cash at bank and in hand54/58 | €119,166 | €46,340 | €26,973 | ▼ 41.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €7.0m | €6.4m | €1.6m | ▼ 75.1% |
| Equity10/15 | €1.2m | -€1.8m | -€586,004 | ▲ 67.2% |
| Contributions10/11 | €62,981 | €62,981 | €62,981 | = |
| Capital10 | - | - | €62,981 | - |
| Issued capital100 | - | - | €62,981 | - |
| Reserves13 | €6,298 | €6,298 | €3.0m | ▲ 47,538% |
| Non-distributable reserves130/1 | - | - | €6,298 | - |
| Legal reserve130 | - | - | €6,298 | - |
| Tax-exempt reserves132 | - | - | €3.0m | - |
| Profit (loss) carried forward14 | €476,651 | -€2.6m | -€3.6m | ▼ 38.9% |
| Provisions and deferred taxes16 | - | €442,675 | - | - |
| Amounts payable17/49 | €5.8m | €7.7m | €2.2m | ▼ 71.8% |
| Amounts payable after more than one year17 | €1.6m | €1.9m | - | - |
| Amounts payable within one year42/48 | €4.1m | €5.7m | €2.1m | ▼ 62.3% |
| Trade debts44 | €1.9m | €1.4m | €1.5m | ▲ 12.8% |
| Suppliers440/4 | - | - | €1.5m | - |
| Taxes, remuneration and social security45 | - | - | €367,906 | - |
| Taxes450/3 | - | - | €49,227 | - |
| Remuneration and social security454/9 | - | - | €318,679 | - |
| Other amounts payable47/48 | - | - | €239,107 | - |
| Accrued charges and deferred income492/3 | - | - | €28,342 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,662 | -€3.1m | €2.0m | ▲ 164% |
| + Depreciation and write-downs630 | €301,676 | €370,549 | €284,861 | ▼ 23.1% |
| Operating cash flow (approximation) | €329,339 | -€2.7m | €2.3m | ▲ 183% |
| Investment in fixed assets (approximation) | - | -€456,960 | - | - |
| Change in cash | - | -€72,826 | -€19,367 | ▲ 73.4% |
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
2022
15-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 11-04-2022
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 247 days late
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 238 days late
2020
31-12
Financial
Back to profitnet €2.0m
Net result €2.0m after one loss-making year.
18-12
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Brabant wallon · event 14-12-2020
20-10
Judicial reorganisation
Extension
Tribunal de l’entreprise du Brabant wallon · collective agreement · event 12-10-2020
23-07
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collective agreement · event 14-07-2020
2019
31-12
Financial
Weakest financial yearnet -€3.1m
Net result drops to -€3.1m, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 98 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Show earlier events
2015
05-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
16-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
23-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 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
18 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2008
Ground area
5,338 m²
Building footprint
862 m²
Volume, LiDAR
6,313 m³
Parcel 25384B0035/00G000, Wallonia · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Biion
since 20082.170.276.713
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25384B0035/00G000 | Wallonia | 5,338 m² | 1 · 862 m² | 10.2 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 | ANTOINE BRAUN VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
11-04-2022 → present |
Recognitions · licences · registrations
Legal Entity Identifier
967600V0TLG0KA6EUR43
Similar companies · same sector, comparable size
HUYGHE David
BE 0643.477.313
Kortemark · Eq €1,178,461
WHITE-HOUSE CONSTRUCTION
BE 0476.530.415
Diksmuide · Eq €1,153,878
Sluyts Products
BE 0890.362.010
Lier · Eq €1,148,636
A-DM
BE 0679.966.535
Oudenaarde · Eq €1,140,490
Steam Turbine Consulting
BE 0827.615.777
Antoing · Eq €1,136,200
Of 1,226 companies in sector 33200 we hold annual accounts for 679. 340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
46500Wholesale of information and communication equipment
62900Other information technology and computer 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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.