BOULEZGRO
Open bankruptcySummary
A bankruptcy procedure is open for BOULEZGRO according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€22,613) and a net result of -€90,445.
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, Ghent division
- Declared bankrupt
- 7 May 2024
- Supervising judge
- Philippe Van der Auwermeulen
- Official Gazette
- 14-05-2024 (pdf) ↗search the document for 2024/119641
Deadlines
- Provisional date payments stopped
- 7 May 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 29 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 June 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 June 2024Goods 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 7 May 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Patricia VandenbergeBurgemeester Edmond Ronsestraat 4, 9820 05 Melsenpatricia.vandenberge@lexero.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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-08-2023, 23 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
23 d late
2021
78 d late
2020
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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?Addresses Are there other customers at risk in your own list?List enrichment How is the Site preparation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€22,613
2021 · €67,831
Total assets
€746,269▲ 47.4%
2021 · €506,358
Net result
-€90,445
2021 · €33,699
Working capital
-€190,003▼ 328%
2021 · -€44,342
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line202020212022
Operating result€34,019-€38,154▲ 12.2%-€74,564
Net result€29,133above the sector's middle half-€33,699above the sector's middle half▲ 15.7%-€90,445below the sector's middle half
Equity€34,133within the sector's middle half-€67,831within the sector's middle half▲ 98.7%-€22,613below the sector's middle half
Total assets€415,033above the sector's middle half-€506,358above the sector's middle half▲ 22.0%€746,269above the sector's middle half▲ 47.4%
Debt€380,901-€438,527▲ 15.1%€768,882▲ 75.3%
Working capital-€39,571below the sector's middle half--€44,342below the sector's middle half▼ 12.1%-€190,003below the sector's middle half▼ 328%
Solvency8.2%below the sector's middle half-13.4%below the sector's middle half▲ 5.2pp-3.0%below the sector's middle half▼ 16.4pp
Current ratio0.81below the sector's middle half-0.85below the sector's middle half▲ 0.040.61below the sector's middle half▼ 0.24
Return on assets (ROA)7.0%within the sector's middle half-6.7%within the sector's middle half▼ 0.4pp-12.1%below the sector's middle half▼ 18.8pp
Staff (FTE)1.2within the sector's middle half-0.7▼ 41.7%3▲ 329%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €74,564 after €38,154 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €746,269
Fixed assets
€444,406 ▲ 73.3%
Current assets
€301,863 ▲ 20.8%
Key figures and ratios
EBITDA
€3,948▼
2021 · €104,334
Cash flow
-€11,932▼
2021 · €99,878
Debt to equity
-34.00▼
2021 · 6.46
Interest coverage
0.25▼
2021 · 23.33
Debt ≤ 1 year
€491,866▲
2021 · €294,271
Debt > 1 year
€277,016▲
2021 · €144,256
Staff costs
€118,029▲
2021 · €39,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - |
| Remuneration, social security and pensions62 | - | €39,391 | €118,029 | ▲ 200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,874 | €66,180 | €78,513 | ▲ 18.6% |
| Other operating charges640/8 | - | €7,610 | €32,464 | ▲ 327% |
| Non-recurring operating charges66A | - | €250 | €0 | ▼ 100% |
| Gross operating margin9900 | €97,451 | €151,585 | €154,442 | ▲ 1.9% |
| Operating profit (loss)9901 | €34,019 | €38,154 | -€74,564 | ▼ 295% |
| Financial income75/76B | - | €17 | €105 | ▲ 517% |
| Recurring financial income75 | - | €17 | €105 | ▲ 517% |
| Financial charges65/66B | - | €4,472 | €15,986 | ▲ 257% |
| Recurring financial charges65 | €4,886 | €4,472 | €15,986 | ▲ 257% |
| Profit (loss) for the period before taxes9903 | €29,133 | €33,699 | -€90,445 | ▼ 368% |
| Profit (loss) for the period9904 | €29,133 | €33,699 | -€90,445 | ▼ 368% |
| Profit (loss) for the period to be appropriated9905 | €29,133 | €33,699 | -€90,445 | ▼ 368% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €415,033 | €506,358 | €746,269 | ▲ 47.4% |
| Formation expenses20 | €135 | €0 | - | - |
| Fixed assets21/28 | €245,935 | €256,429 | €444,406 | ▲ 73.3% |
| Tangible fixed assets22/27 | €244,935 | €255,429 | €441,906 | ▲ 73.0% |
| Plant, machinery and equipment23 | - | €20,673 | €11,568 | ▼ 44.0% |
| Furniture and vehicles24 | - | €36,119 | €2,946 | ▼ 91.8% |
| Leasing and similar rights25 | - | €198,637 | €416,355 | ▲ 110% |
| Other tangible fixed assets26 | - | - | €11,037 | - |
| Financial fixed assets28 | €1,000 | €1,000 | €2,500 | ▲ 150% |
| Current assets29/58 | €168,963 | €249,929 | €301,863 | ▲ 20.8% |
| Amounts receivable within one year40/41 | €148,234 | €243,497 | €293,726 | ▲ 20.6% |
| Trade receivables40 | - | €242,989 | €283,829 | ▲ 16.8% |
| Other amounts receivable41 | - | €508 | €9,897 | ▲ 1,848% |
| Cash at bank and in hand54/58 | €20,729 | €4,261 | €8,137 | ▲ 91.0% |
| Deferred charges and accrued income490/1 | - | €2,171 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €415,033 | €506,358 | €746,269 | ▲ 47.4% |
| Equity10/15 | €34,133 | €67,831 | -€22,613 | ▼ 133% |
| Contributions10/11 | - | €5,000 | €5,000 | = |
| Reserves13 | €29,133 | €62,831 | €62,831 | = |
| Distributable reserves133 | - | €62,831 | €62,831 | = |
| Profit (loss) carried forward14 | - | - | -€90,445 | - |
| Amounts payable17/49 | €380,901 | €438,527 | €768,882 | ▲ 75.3% |
| Amounts payable after more than one year17 | €162,435 | €144,256 | €277,016 | ▲ 92.0% |
| Financial debts170/4 | - | €144,256 | €277,016 | ▲ 92.0% |
| Amounts payable within one year42/48 | €208,534 | €294,271 | €491,866 | ▲ 67.1% |
| Current portion of amounts payable after more than one year42 | - | €63,431 | €99,727 | ▲ 57.2% |
| Trade debts44 | €72,114 | €134,584 | €347,825 | ▲ 158% |
| Suppliers440/4 | - | €134,584 | €347,825 | ▲ 158% |
| Taxes, remuneration and social security45 | - | €15,162 | €44,314 | ▲ 192% |
| Taxes450/3 | - | €13,371 | €18,717 | ▲ 40.0% |
| Remuneration and social security454/9 | - | €1,790 | €25,598 | ▲ 1,330% |
| Other amounts payable47/48 | - | €81,094 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €0 | - | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,133 | €33,699 | -€90,445 | ▼ 368% |
| + Depreciation and write-downs630 | €37,874 | €66,180 | €78,513 | ▲ 18.6% |
| Operating cash flow (approximation) | €67,006 | €99,878 | -€11,932 | ▼ 112% |
| Investment in fixed assets (approximation) | - | -€76,674 | -€266,490 | ▼ 248% |
| Change in cash | - | -€16,468 | €3,876 | ▲ 124% |
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
2024
14-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 07-05-2024
13-05
KBO administration
Address struck
Krommewege 42 L’adresse du siège Krommewege 42 9990 Die Sitzadresse Krommewege 42 9990 Mal-
9990 Maldegem is doorgehaald met ingang Maldegem · event 14-03-2024
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
26-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Gent · event 20-07-2023
04-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 27-06-2023
2022
31-12
Financial
Weakest financial yearnet -€90,445
Net result drops to -€90,445, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2020net €33,699 ▲15.7%
Operating result €38,154, net result €33,699, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Maldegem · 1 establishment unit since 2020
Ground area
2,855 m²
Building footprint
260 m²
Volume, LiDAR
1,448 m³
Parcel 43010C0304/00P000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOULEZGRO
since 20202.299.804.870
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0304/00P000 | Flanders | 2,855 m² | 1 · 260 m² | 8.6 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICIA VANDENBERGE BURGEMEESTER EDMOND
RONSESTRAAT 4, 9820 05 MELSEN |
07-05-2024 → present |
| Curator | SOFIE DE NIJS GROOT-BRITTANNIELAAN 10,
9000 GENT |
27-06-2023 → 20-07-2023 |
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Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,582 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
Founded19-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.