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BRAGARD

Open bankruptcy
Public limited companyfounded 1994KBO/BCE: BE 0453.128.471

A bankruptcy procedure is open for BRAGARD according to publications in the Belgian Official Gazette; trustee: Marc-Alain Speidel.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (-€1.0m) and a net result of -€82,036.

BRAGARDOpen 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 Walloon Brabant
Declared bankrupt
20 March 2025
Supervising judge
Olivier Antoni
Official Gazette
26-03-2025 (pdf) ↗search the document for 2025/112587

Deadlines

Provisional date payments stopped
20 September 2024Moved back by judgment of 5 June 2025. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 10 April 2025Fifteen 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 19 April 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 8 May 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 20 March 2026A 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

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
Retail sale of clothing and accessories for women, men, children and babies (general range)
NACE 47716
1 site
Size
≈ €1.2mturnover 2023, estimated
Staff
4 FTE
Equity
-€1.0m
Loss
-€82,036
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
Parent
BRAGARD SA
2 of 9 deeds summarised
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence

Signals

Three 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 · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-07-2024, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
6 days early
2022
13 days early
2021
31 days late
2020
368 days late
2017
16 days late
2016
134 days late
2015
442 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 139 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies 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 publications
Publications
Address struck
  1. Address struckKBO administration
  2. Date of cessation of payments moved…Enterprise Court of Walloon Brabant…
  3. OpeningEnterprise Court of Walloon Brabant…

Key points

  • Risk: Declared bankrupttrustee: Marc-Alain Speidel 20-03-2025 View
  • Controlled by BRAGARD SA parent View
  • Positive: Result rose in 2023from -€140,144 to -€82,036 ▲ 41.5% View

By topic

Financials

Financial year
2023
Total assets
€322,382
Loss
-€82,036
Solvency
-311.0%
Total assets▼ 14.1%
Net result
20202023
Go to Financials

Timeline

Events
34
Since
1995
  1. 19-12-2024Resignation: Guy Boeuf (director)
  2. 25-07-2024Annual accounts filed
  3. 31-07-2023Resignations: David Crustin (director) and Eric Cholley…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of clothing and accessories for women…NACE 47716
Founded
27-07-1994
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about BRAGARD

What is the company number of BRAGARD?
0453.128.471. In Belgium the VAT number is the company number with BE in front: BE 0453.128.471.
What does BRAGARD do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of BRAGARD?
Public limited company (NV).
When was BRAGARD founded?
On 27-07-1994.
Is BRAGARD still active?
A bankruptcy is running: a bankruptcy trustee manages the company.Company details
How many employees did BRAGARD have?
On average 4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of BRAGARD?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BRAGARD profitable?
In financial year 2023, BRAGARD made a loss of €82,036.
Where can I find the annual accounts of BRAGARD?
BRAGARD filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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