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BIZZBONE

Open bankruptcy
Private limited company (pre-2019)founded 2011Meerdorp 1, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0833.697.083

A bankruptcy procedure is open for BIZZBONE according to publications in the Belgian Official Gazette; trustee: Mark Bruurs.

Summary

The 2021 annual accounts show negative equity (-€62,712) and a net result of -€12,437.

BIZZBONEOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Turnhout division
Declared bankrupt
3 December 2024
Supervising judge
Hans Geerts
Official Gazette
09-12-2024 (pdf) ↗search the document for 2024/147952

Deadlines

Provisional date payments stopped
3 December 2024A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 24 December 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 2 January 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 14 January 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 3 December 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Mark BruursAlphenseweg 12, 2387 Baarle- Hertogmarkbruurs@skynet.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Wired, wireless and satellite telecommunications
NACE 61100
1 site
Size
€48,512total assets 2021
Equity
-€62,712
Loss
-€12,437
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 2 deeds read
Signalsraises riskOpen bankruptcyRestart patternneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-08-2022, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2023
not filed
2022
not filed
2021
16 days late
2020
208 days late
2019
116 days late
2018
8 days late
2017
50 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 80 days after the deadline; the sector median (NACE 61) for financial year 2023 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Restart pattern 1 indication

A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.

  • BankruptThis companyjudgment 03-12-2024
    FoundedMickshop Meerstart date 21-10-2024

    Mickshop Meer was founded 43 days before the bankruptcy of this company. The annual accounts of both list Marc Bouko as director, and both had the same registered office.

    • Marc Bouko listed as director in the annual accounts of both
    • Same registered office (2321 Hoogstraten)

A pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. We show only facts from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB; the same name in two sets of accounts is not necessarily the same person. What they mean calls for your own inquiry.

  1. OpeningEnterprise Court of Antwerp, Turnhout…
  2. Annual accounts filedfinancial year 2021 · micro…
  3. Annual accounts filedfinancial year 2020 · micro…

Financials · financial year 2021, micro format

2021 annual accounts filed late (16 days) Filed on 16 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20298707.

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€62,712▼ 24.7%
2020 · -€50,275
Total assets
€48,512▼ 23.6%
2020 · €63,478
Net result
-€12,437▲ 83.6%
2020 · -€75,775
Working capital
-€31,067▲ 12.3%
2020 · -€35,422
Trend over the years

2018 to 2021, 4 financial years 2018 to 2021, 4 financial years

The operating result stays negative: a loss of €12,383 in 2021 against €75,440 in 2020; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€12,383 2021 Net result-€12,437 2021

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021
Operating result-€5,215--€583▲ 88.8%-€75,440▼ 12,831%-€12,383▲ 83.6%
Net result-€5,633--€1,146▲ 79.7%-€75,775below the sector's middle half▼ 6,514%-€12,437below the sector's middle half▲ 83.6%
Equity€26,645-€25,500▼ 4.3%-€50,275below the sector's middle half-€62,712below the sector's middle half▼ 24.7%
Total assets€88,078-€119,458▲ 35.6%€63,478within the sector's middle half▼ 46.9%€48,512within the sector's middle half▼ 23.6%
Debt€61,433-€93,958▲ 52.9%€113,753▲ 21.1%€111,224▼ 2.2%
Working capital€43,225-€41,061▼ 5.0%-€35,422below the sector's middle half-€31,067below the sector's middle half▲ 12.3%
Solvency30.3%-21.3%▼ 8.9pp-79.2%below the sector's middle half▼ 100.5pp-129.3%below the sector's middle half▼ 50.1pp
Current ratio31.17-2.21▼ 28.960.50below the sector's middle half▼ 1.710.55below the sector's middle half▲ 0.05
Return on assets (ROA)-6.4%--1.0%▲ 5.4pp-119.4%below the sector's middle half▼ 118.4pp-25.6%below the sector's middle half▲ 93.7pp
above within below the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €48,512
Fixed assets €10,855 ▼ 60.7%
Current assets €37,657 ▲ 5.1%
Equity and liabilities
Equity-€62,712
Debt€111,224
Equity is negative: debt (€111,224) exceeds the balance-sheet total (€48,512).
Key figures and ratios
2021 value · change against 2020
EBITDA
€4,409▲
2020 · -€58,648
Cash flow
€4,355▲
2020 · -€58,983
Interest coverage
81.52
Debt ≤ 1 year
€68,724▼
2020 · €71,253
Debt > 1 year
€42,500=
2020 · €42,500
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 2021 against 2020 · 35 lines
Balance sheet Code20202021
Assets
Total assets20/58€63,478€48,512▼
Fixed assets21/28€27,647€10,855▼
Intangible fixed assets21€27,647€10,855▼
Current assets29/58€35,831€37,657▲
Stocks and contracts in progress3€2,305-
Amounts receivable within one year40/41€27,459€35,802▲
Trade receivables40-€35,707
Other amounts receivable41-€95
Cash at bank and in hand54/58€6,067€1,855▼
Equity and liabilities
Total equity and liabilities10/49€63,478€48,512▼
Equity10/15-€50,275-€62,712▼
Contributions10/11-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14-€70,735-€83,172▼
Amounts payable17/49€113,753€111,224▼
Amounts payable after more than one year17€42,500€42,500=
Financial debts170/4-€42,500
Amounts payable within one year42/48€71,253€68,724▼
Trade debts44€69,471€67,248▼
Suppliers440/4-€67,248
Other amounts payable47/48-€1,476
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,792€16,792=
Other operating charges640/8-€1,747
Gross operating margin9900-€58,002€6,156▲
Operating profit (loss)9901-€75,440-€12,383▲
Recurring financial income75€2-
Financial charges65/66B-€54
Recurring financial charges65€337€54▼
Profit (loss) for the period before taxes9903-€75,775-€12,437▲
Profit (loss) for the period9904-€75,775-€12,437▲
Profit (loss) for the period to be appropriated9905-€75,775-€12,437▲
Appropriation of the result
Profit (loss) to be appropriated9906--€83,172
Profit (loss) brought forward from the previous period14P--€70,735

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€16,792€16,792€16,792=
Other operating charges640/8---€1,747-
Gross operating margin9900-€4,176€20,282-€58,002€6,156-
Operating profit (loss)9901-€5,215-€583-€75,440-€12,383▲ 83.6%
Recurring financial income75€4€6€2--
Financial charges65/66B---€54-
Recurring financial charges65€261€406€337€54▼ 84.0%
Profit (loss) for the period before taxes9903-€5,472-€984-€75,775-€12,437▲ 83.6%
Income taxes67/77€162€162---
Profit (loss) for the period9904-€5,633-€1,146-€75,775-€12,437▲ 83.6%
Profit (loss) for the period to be appropriated9905-€5,633-€1,146-€75,775-€12,437▲ 83.6%
Line2018201920202021Change
Assets
Total assets20/58€88,078€119,458€63,478€48,512▼ 23.6%
Formation expenses20€0€0---
Fixed assets21/28€43,420€44,439€27,647€10,855▼ 60.7%
Intangible fixed assets21€43,420€44,439€27,647€10,855▼ 60.7%
Financial fixed assets28€0€0---
Current assets29/58€44,658€75,019€35,831€37,657▲ 5.1%
Stocks and contracts in progress3€0€41,500€2,305--
Amounts receivable within one year40/41€43,644€14,574€27,459€35,802▲ 30.4%
Trade receivables40---€35,707-
Other amounts receivable41---€95-
Current investments50/53€0€0---
Cash at bank and in hand54/58€874€18,836€6,067€1,855▼ 69.4%
Equity and liabilities
Total equity and liabilities10/49€88,078€119,458€63,478€48,512▼ 23.6%
Equity10/15€26,645€25,500-€50,275-€62,712▼ 24.7%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14€6,185€5,040-€70,735-€83,172▼ 17.6%
Amounts payable17/49€61,433€93,958€113,753€111,224▼ 2.2%
Amounts payable after more than one year17€60,000€60,000€42,500€42,500=
Financial debts170/4---€42,500-
Amounts payable within one year42/48€1,433€33,958€71,253€68,724▼ 3.5%
Trade debts44-€33,089€69,471€67,248▼ 3.2%
Suppliers440/4---€67,248-
Other amounts payable47/48---€1,476-
Line2018201920202021Change
Profit (loss) for the period9904-€5,633-€1,146-€75,775-€12,437▲ 83.6%
+ Depreciation and write-downs630€0€16,792€16,792€16,792=
Operating cash flow (approximation)-€5,633€15,647-€58,983€4,355-
Investment in fixed assets (approximation)--€17,811€0€0-
Change in cash-€17,962-€12,769-€4,212▲ 67.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2021 micro format 16-08-2022 2022-20298707
31-12-2020 micro format 24-02-2022 2022-06500330
31-12-2019 micro format 24-11-2020 2020-71800294
31-12-2018 micro format 08-08-2019 2019-45200535
31-12-2017 micro format 19-09-2018 2018-64500296
31-12-2016 micro format 14-09-2017 2017-61200166
31-12-2015 abbreviated format 01-12-2016 2016-69100350
31-12-2013 abbreviated format 06-05-2015 2015-11500310
31-12-2012 abbreviated format 23-09-2013 2013-60100148
31-12-2011 abbreviated format 18-06-2012 2012-18400020

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,326 active companies whose main activity is wired, wireless and satellite telecommunications (NACE 61100), figures are known for 590. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €1,500 awarded · €1,500 paid
Schemes
1 entry · €1,500 · €1,500 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Mark Bruurs
Alphenseweg 12, 2387 Baarle- Hertog
03-12-2024 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

BIZZBONE was incorporated on 4 February 2011.1 Total assets fell from €88,078 in 2018 to €48,512 in 2021.2 On 3 December 2024 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian Official Gazette, 09-12-2024

Acts, filings and financial milestones

2024
09-12
Bankruptcy Opening
Enterprise Court of Antwerp, Turnhout division · judgment of 03-12-2024
2022
16-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 16 days late
24-02
NBB filing Annual accounts filed
financial year 2020 · micro format · 208 days late
2020
31-12
Financial Weakest financial yearnet -€75,775
Net result drops to -€75,775, the lowest in the series.
24-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 116 days late
2019
08-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 8 days late
2018
19-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 50 days late
2017
14-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 45 days late
2016
01-12
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 123 days late
2015
06-05
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 279 days late
2013
23-09
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 54 days late
2012
18-06
NBB filing Annual accounts filed
financial year 2011 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2011
Financial year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 2011
registered office establishment The establishment unit on the map
Ground area
919 m²
Building footprint
241 m²
Building volume
1,856 m³
2 parcels, Flanders · tallest building 15.2 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
BIZZBONE
Zijdelingsestraat 17, 3300 TienenWired, wireless and satellite telecommunications
since 2011unit no. 2.196.737.026
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
13020C0282/00L000 Flanders 469 m² 1 · 143 m² 9.5 m · 2
24592F0100/00L011 Flanders 449 m² 1 · 98 m² 15.2 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.