BOONE
Open bankruptcyA bankruptcy procedure is open for BOONE according to publications in the Belgian State Gazette; curator: NICO RUCKEBUSCH.
Summary
The 2024 annual accounts show equity of €51,273 and a net result of -€206,091.
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, Ypres division
- Declared bankrupt
- 17 February 2026
- Supervising judge
- Johan Veys
- Official Gazette
- 23-02-2026 (pdf) ↗search the document for 2026/107644
Deadlines
- Provisional date payments stopped
- 17 February 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 10 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 March 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 3 April 2026Goods 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
- 17 February 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Nico RuckebuschBurg. Bertenplein 10, 8970 Poperingenico.ruckebusch@iurishop.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
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€206,091
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 304 sector peers (2024).
NBB · sector comparisonPosition among 304 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
on the day
2022
42 d early
2021
90 d early
2020
19 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed 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?List enrichment How is the Manufacture of dining room, living room, bedroom and bathroom furniture sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€51,273▼ 80.6%
2023 · €264,873
Total assets
€2.1m▼ 11.9%
2023 · €2.3m
Net result
-€206,091▲ 31.6%
2023 · -€301,130
Working capital
€252,880▼ 41.4%
2023 · €431,729
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, 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
Line20202021202220232024
Operating result-€409,771€61,348€31,711▼ 48.3%-€255,976-€154,603▲ 39.6%
Net result-€436,892below the sector's middle half€48,741within the sector's middle half€5,524within the sector's middle half▼ 88.7%-€301,130below the sector's middle half-€206,091below the sector's middle half▲ 31.6%
Equity€2.0mabove the sector's middle half▼ 12.5%€575,881within the sector's middle half▼ 71.4%€573,513within the sector's middle half▼ 0.4%€264,873within the sector's middle half▼ 53.8%€51,273below the sector's middle half▼ 80.6%
Total assets€3.9mabove the sector's middle half▼ 25.4%€2.8mabove the sector's middle half▼ 26.6%€2.4mwithin the sector's middle half▼ 15.8%€2.3mabove the sector's middle half▼ 1.7%€2.1mwithin the sector's middle half▼ 11.9%
Debt€1.8m▼ 35.7%€2.3m▲ 22.4%€1.8m▼ 19.8%€2.1m▲ 14.8%€2.0m▼ 3.2%
Working capital€387,537within the sector's middle half▲ 0.6%-€198,756below the sector's middle half€450,958within the sector's middle half€431,729within the sector's middle half▼ 4.3%€252,880within the sector's middle half▼ 41.4%
Solvency52.2%within the sector's middle half▲ 7.7pp20.3%below the sector's middle half▼ 31.9pp24.1%within the sector's middle half▲ 3.7pp11.3%below the sector's middle half▼ 12.8pp2.5%below the sector's middle half▼ 8.8pp
Current ratio1.28within the sector's middle half▲ 0.120.90below the sector's middle half▼ 0.381.41within the sector's middle half▲ 0.511.44within the sector's middle half▲ 0.031.22within the sector's middle half▼ 0.22
Return on assets (ROA)-11.3%below the sector's middle half▼ 14.3pp1.7%within the sector's middle half▲ 13.0pp0.2%within the sector's middle half▼ 1.5pp-12.9%below the sector's middle half▼ 13.1pp-10.0%below the sector's middle half▲ 2.9pp
Staff (FTE)13.9within the sector's middle half▼ 4.8%12.2within the sector's middle half▼ 12.2%10.9within the sector's middle half▼ 10.7%11.5within the sector's middle half▲ 5.5%8.7within the sector's middle half▼ 24.3%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €154,603 in 2024 against €255,976 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€598,807 ▼ 30.4%
Current assets
€1.4m ▼ 0.3%
Equity and liabilities €2.1m
Equity
€51,273 ▼ 80.6%
Debt
€2.0m ▼ 3.2%
Debt's share of the balance-sheet total rises from 88.7% to 97.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€138,599▲
2023 · €23,827
Cash flow
€87,111▲
2023 · -€21,328
Quick ratio
0.55▼
2023 · 0.68
Debt to equity
39.23▲
2023 · 7.84
ROE
-401.9%▼
2023 · -113.7%
Interest coverage
2.33▲
2023 · 0.44
Debt ≤ 1 year
€1.2m▲
2023 · €985,600
Debt > 1 year
€829,496▲
2023 · €753,560
Income taxes
€217▲
2023 · €191
Staff costs
€417,545▼
2023 · €552,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €26,274 | - | - |
| Remuneration, social security and pensions62 | - | €558,509 | €566,560 | €552,247 | €417,545 | ▼ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €449,840 | €223,173 | €284,911 | €279,802 | €293,202 | ▲ 4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€133,850 | €69,560 | - | - | - |
| Other operating charges640/8 | - | €3,539 | €103,018 | €17,290 | €7,315 | ▼ 57.7% |
| Non-recurring operating charges66A | - | - | €37,602 | €2,646 | - | - |
| Gross operating margin9900 | €776,052 | €712,719 | €1.1m | €596,009 | €563,459 | ▼ 5.5% |
| Operating profit (loss)9901 | -€409,771 | €61,348 | €31,711 | -€255,976 | -€154,603 | ▲ 39.6% |
| Financial income75/76B | - | €3,015 | €24,326 | €9,560 | €8,164 | ▼ 14.6% |
| Recurring financial income75 | €4,044 | €3,015 | €24,326 | €9,560 | €8,164 | ▼ 14.6% |
| Financial charges65/66B | - | €24,484 | €50,338 | €54,524 | €59,436 | ▲ 9.0% |
| Recurring financial charges65 | €35,264 | €24,484 | €50,338 | €54,524 | €59,436 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€440,992 | €39,879 | €5,699 | -€300,940 | -€205,874 | ▲ 31.6% |
| Income taxes67/77 | -€4,100 | -€8,862 | €175 | €191 | €217 | ▲ 13.7% |
| Profit (loss) for the period9904 | -€436,892 | €48,741 | €5,524 | -€301,130 | -€206,091 | ▲ 31.6% |
| Profit (loss) for the period to be appropriated9905 | -€436,892 | €48,741 | €5,524 | -€301,130 | -€206,091 | ▲ 31.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €2.8m | €2.4m | €2.3m | €2.1m | ▼ 11.9% |
| Formation expenses20 | - | - | - | €64,115 | €50,449 | ▼ 21.3% |
| Fixed assets21/28 | €2.1m | €1.1m | €824,542 | €860,728 | €598,807 | ▼ 30.4% |
| Intangible fixed assets21 | €400,760 | €562,043 | €407,327 | €268,537 | €137,360 | ▼ 48.8% |
| Tangible fixed assets22/27 | €1.7m | €529,010 | €417,215 | €592,191 | €461,447 | ▼ 22.1% |
| Plant, machinery and equipment23 | - | €185,123 | €163,093 | €214,103 | €201,647 | ▼ 5.8% |
| Furniture and vehicles24 | - | €13,656 | €8,863 | €34,097 | €26,938 | ▼ 21.0% |
| Leasing and similar rights25 | - | €330,231 | €245,259 | €160,288 | €75,136 | ▼ 53.1% |
| Other tangible fixed assets26 | - | - | - | €183,703 | €157,726 | ▼ 14.1% |
| Current assets29/58 | €1.8m | €1.7m | €1.6m | €1.4m | €1.4m | ▼ 0.3% |
| Amounts receivable after more than one year29 | - | €52,451 | €52,275 | €52,085 | €52,085 | = |
| Other amounts receivable291 | - | €52,451 | €52,275 | €52,085 | €52,085 | = |
| Stocks and contracts in progress3 | €512,460 | €651,137 | €742,057 | €746,881 | €780,123 | ▲ 4.5% |
| Stocks30/36 | - | €620,921 | €720,224 | €724,382 | €745,252 | ▲ 2.9% |
| Contracts in progress37 | - | €30,216 | €21,833 | €22,499 | €34,871 | ▲ 55.0% |
| Amounts receivable within one year40/41 | €689,316 | €523,936 | €576,384 | €578,885 | €411,079 | ▼ 29.0% |
| Trade receivables40 | - | €516,888 | €511,935 | €560,993 | €399,067 | ▼ 28.9% |
| Other amounts receivable41 | - | €7,049 | €64,449 | €17,892 | €12,012 | ▼ 32.9% |
| Current investments50/53 | €126 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €336,379 | €477,434 | €152,840 | €33,049 | €45,306 | ▲ 37.1% |
| Deferred charges and accrued income490/1 | - | €35,535 | €34,821 | €6,430 | €124,919 | ▲ 1,843% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €2.8m | €2.4m | €2.3m | €2.1m | ▼ 11.9% |
| Equity10/15 | €2.0m | €575,881 | €573,513 | €264,873 | €51,273 | ▼ 80.6% |
| Contributions10/11 | €743,681 | €195,185 | €195,185 | €195,185 | €195,185 | = |
| Capital10 | - | €195,185 | €195,185 | €195,185 | €195,185 | = |
| Issued capital100 | - | €195,185 | €195,185 | €195,185 | €195,185 | = |
| Reserves13 | €1.1m | €342,586 | €348,110 | €46,979 | €19,519 | ▼ 58.5% |
| Non-distributable reserves130/1 | - | €19,519 | €19,519 | €19,519 | €19,519 | = |
| Legal reserve130 | - | €19,519 | €19,519 | €19,519 | €19,519 | = |
| Distributable reserves133 | - | €323,067 | €328,591 | €27,461 | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€178,630 | - |
| Investment grants15 | - | €38,110 | €30,218 | €22,709 | €15,199 | ▼ 33.1% |
| Amounts payable17/49 | €1.8m | €2.3m | €1.8m | €2.1m | €2.0m | ▼ 3.2% |
| Amounts payable after more than one year17 | €402,504 | €316,416 | €701,803 | €753,560 | €829,496 | ▲ 10.1% |
| Financial debts170/4 | - | €316,416 | €701,803 | €753,560 | €829,496 | ▲ 10.1% |
| Amounts payable within one year42/48 | €1.4m | €1.9m | €1.1m | €985,600 | €1.2m | ▲ 17.8% |
| Current portion of amounts payable after more than one year42 | - | €112,563 | €184,599 | €303,003 | €319,549 | ▲ 5.5% |
| Financial debts43 | - | €900,000 | €450,000 | €450,000 | €450,000 | = |
| Credit institutions430/8 | - | €900,000 | €300,000 | €300,000 | €300,000 | = |
| Other loans439 | - | - | €150,000 | €150,000 | €150,000 | = |
| Trade debts44 | €300,915 | €412,519 | €361,876 | €129,889 | €331,401 | ▲ 155% |
| Suppliers440/4 | - | €412,519 | €361,876 | €129,889 | €331,401 | ▲ 155% |
| Advances received on contracts in progress46 | - | €47,649 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €67,811 | €78,855 | €97,816 | €49,119 | ▼ 49.8% |
| Taxes450/3 | - | €6,127 | €6,964 | €9,766 | €466 | ▼ 95.2% |
| Remuneration and social security454/9 | - | €61,683 | €71,891 | €88,050 | €48,654 | ▼ 44.7% |
| Other amounts payable47/48 | - | €398,707 | €32,089 | €4,892 | €10,562 | ▲ 116% |
| Accrued charges and deferred income492/3 | - | - | €183 | €338,138 | €21,367 | ▼ 93.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€436,892 | €48,741 | €5,524 | -€301,130 | -€206,091 | ▲ 31.6% |
| + Depreciation and write-downs630 | €449,840 | €223,173 | €284,911 | €279,802 | €293,202 | ▲ 4.8% |
| Operating cash flow (approximation) | €12,948 | €271,914 | €290,435 | -€21,328 | €87,111 | ▲ 508% |
| Investment in fixed assets (approximation) | - | €752,547 | -€18,400 | -€315,988 | -€31,282 | ▲ 90.1% |
| Change in cash | - | €141,055 | -€324,594 | -€119,792 | €12,257 | ▲ 110% |
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
2026
23-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 17-02-2026
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €48,741
Net result €48,741 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€436,892
Net result drops to -€436,892, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €155,403 ▲135%
Operating result €152,438, net result €155,403, both a record.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
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Directors · office · real estate
Directors
12 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, Poperinge · 1 establishment unit since 1985
Ground area
1.0 ha
Building footprint
2,831 m²
Volume, LiDAR
15,438 m³
Parcel 33021E0205/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Europalaan 6-8, 8970 Poperinge
since 19852.028.631.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021E0205/00K000 | Flanders | 1.0 ha | 1 · 2,831 m² | 7.0 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 | NICO RUCKEBUSCH BURG. BERTENPLEIN 10,
8970 POPERINGE |
17-02-2026 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 297 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 297 EUR | 297 EUR |
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Of 1,501 companies in sector 31004 we hold annual accounts for 626. 436 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
Founded07-01-1986
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428180665
Registered
14-11-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
1. Verslag raad van bestuur; 2. Goedkeuring jaarrekening per 31/12/2010; 3. Bestemming resultaat; 4. Kwijting bestuurders; 5. Ontslagen en benoemingen bestuurders; 6. Varia. Zich richten naar de statuten. Deponering en inschrijving op de zetel. (AOPC11102007/04.04) (11980) HUIS HERMAN VERLEYE EN ZONEN, naamloze vennootschap, Kaaistraat 21, 9900 EEKLO Ondernemingsnummer 0401.057.881 Algemene vergadering ter zetel op 24/04/2011, om 11 uur. Agenda : Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-10-05985/04.04) (11981) Immobiliën Hugo Ceusters, naamloze vennootschap, Uitbreidingstraat 18, bus 4, 2600 BERCHEM (Antwerpen) Ondernemingsnummer 0404 ...