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BOUWONDERNEMING LIBEERT

Open bankruptcy
KBO/BCE: BE 0433.772.914

A bankruptcy procedure is open for BOUWONDERNEMING LIBEERT according to publications in the Belgian State Gazette; curator: SOFIE DEBUSSCHERE.

Summary

Inactive; last annual accounts for fiscal year 2019.

BOUWONDERNEMING LIBEERTOpen bankruptcy

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, Kortrijk division
Declared bankrupt
28 June 2022
Supervising judge
Mark Vervaeke
Official Gazette
04-07-2022 (pdf) ↗search the document for 2022/125845

Curator

  • Sofie DebusscherePres. Rooseveltplein 1, 8500 Kortrijksofie.debusschere@ejadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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 ↗ 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. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-11-2020, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 122 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BOUWONDERNEMING LIBEERT has filed 31 sets of annual accounts, the latest for fiscal year 2019.1 The company was declared bankrupt on 28 June 2022.2

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 04-07-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, micro schema

Equity
€208,512▼ 7.0%
2018 · €224,214
Total assets
€281,069▼ 38.6%
2018 · €457,449
Net result
-€15,702
2018 · €16,874
Working capital
€209,555▼ 5.8%
2018 · €222,350
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
Line20182019
Operating result-€3,766--€9,975▼ 165%
Net result€16,874--€15,702
Equity€224,214-€208,512▼ 7.0%
Total assets€457,449-€281,069▼ 38.6%
Debt€233,235-€72,557▼ 68.9%
Working capital€222,350-€209,555▼ 5.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2018: -€3,766-€3,766Net result 2018: €16,874€16,874Operating result 2019: -€9,975-€9,975Net result 2019: -€15,702-€15,70220182019-€20,000-€10,000€0€10,000€20,000Operating result 2018: -€3,766-€3,770Net result 2018: €16,874€16,900Operating result 2019: -€9,975-€9,980Net result 2019: -€15,702-€15,70020182019
The operating result stays negative: a loss of €9,975 in 2019 against €3,766 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €281,069
Equity €208,512 ▼ 7.0%
Debt €72,557 ▼ 68.9%
Debt's share of the balance-sheet total falls from 51.0% to 25.8%. Equity and debt are lower.
Key figures and ratios
2019 value · change against 2018
Current ratio
3.93▲
2018 · 1.95
ROE
-7.5%▼
2018 · 7.5%
ROA
-5.6%▼
2018 · 3.7%
Debt ≤ 1 year
€71,514▼
2018 · €233,235
Income taxes
€549▼
2018 · €2,625
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 · 2019 against 2018 · 22 lines
Balance sheet Code20182019
Assets
Total assets20/58€457,449€281,069▼
Fixed assets21/28€1,864-
Financial fixed assets28€1,864-
Current assets29/58€455,585€281,069▼
Amounts receivable within one year40/41€455,585€281,022▼
Cash at bank and in hand54/58-€47
Equity and liabilities
Total equity and liabilities10/49€457,449€281,069▼
Equity10/15€224,214€208,512▼
Contributions10/11€50,000€50,000=
Reserves13€21,178€21,178=
Profit (loss) carried forward14€153,036€137,334▼
Amounts payable17/49€233,235€72,557▼
Amounts payable within one year42/48€233,235€71,514▼
Trade debts44€219,705€9,047▼
Income statement Code20182019
Gross operating margin9900-€3,666€3,861▲
Operating profit (loss)9901-€3,766-€9,975▼
Recurring financial income75€12,120€13,179▲
Recurring financial charges65€121€213▲
Profit (loss) for the period before taxes9903€19,499-€15,153▼
Income taxes67/77€2,625€549▼
Profit (loss) for the period9904€16,874-€15,702▼
Profit (loss) for the period to be appropriated9905€16,874-€15,702▼
Line20182019Change
Gross operating margin9900-€3,666€3,861▲ 205%
Operating profit (loss)9901-€3,766-€9,975▼ 165%
Recurring financial income75€12,120€13,179▲ 8.7%
Recurring financial charges65€121€213▲ 76.0%
Profit (loss) for the period before taxes9903€19,499-€15,153▼ 178%
Income taxes67/77€2,625€549▼ 79.1%
Profit (loss) for the period9904€16,874-€15,702▼ 193%
Profit (loss) for the period to be appropriated9905€16,874-€15,702▼ 193%
Line20182019Change
Assets
Total assets20/58€457,449€281,069▼ 38.6%
Fixed assets21/28€1,864--
Financial fixed assets28€1,864--
Current assets29/58€455,585€281,069▼ 38.3%
Amounts receivable within one year40/41€455,585€281,022▼ 38.3%
Cash at bank and in hand54/58-€47-
Equity and liabilities
Total equity and liabilities10/49€457,449€281,069▼ 38.6%
Equity10/15€224,214€208,512▼ 7.0%
Contributions10/11€50,000€50,000=
Reserves13€21,178€21,178=
Profit (loss) carried forward14€153,036€137,334▼ 10.3%
Amounts payable17/49€233,235€72,557▼ 68.9%
Amounts payable within one year42/48€233,235€71,514▼ 69.3%
Trade debts44€219,705€9,047▼ 95.9%
Line20182019Change
Profit (loss) for the period9904€16,874-€15,702▼ 193%
Operating cash flow (approximation)€16,874-€15,702▼ 193%

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

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Timeline · acts, filings and financial milestones

2022
04-07
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 28-06-2022
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Liquidity doublescurrent ratio 3.93
Current ratio from 1.95 to 3.93; short-term debt falls from €233,235 to €71,514.
28-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 89 days late
20-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 416 days late
16-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 654 days late
16-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 1019 days late
16-05
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 1385 days late
2015
25-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 421 days late
2012
27-09
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 58 days late
13-02
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 197 days late
2011
21-04
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 264 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator SOFIE DEBUSSCHERE
PRES. ROOSEVELTPLEIN 1, 8500 KORTRIJK
28-06-2022 → present