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BRAUN

Open bankruptcy
Private limited company (pre-2019)founded 1998Rue de Hermée 249, 4040 Herstal, BelgiumKBO/BCE: BE 0464.489.151

A bankruptcy procedure is open for BRAUN according to publications in the Belgian State Gazette; curator: LEON LEDUC.

Summary

The file additionally contains 1 judicial reorganisation. The 2018 annual accounts show equity of €340,332 and a net result of €41,643.

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 Liège, Liège division
Declared bankrupt
14 October 2019
Supervising judge
Jean-Marc Wouters
Official Gazette
18-10-2019 (pdf) ↗search the document for 2019/152931

Deadlines

Appeal or third-party opposition until
passed on 2 November 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 13 November 2019art. XX.104 and XX.155 CEL
First verification report
passed on 28 November 2019Goods 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 14 October 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Leon LeducPlace De Bronckart 1, 4000 Liege 1l.leduc@avocat.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.

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 15-07-2019, 16 days ahead of the deadline.
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
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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

On 30 October 1998, BRAUN was incorporated.1 The company has filed 20 sets of annual accounts, the latest for fiscal year 2018.2 The company was declared bankrupt on 14 October 2019.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018
  3. 3Belgian State Gazette, 18-10-2019

Go further with this company

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

Financials · fiscal year 2018, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41,643
Working capital
€108,037
Balance-sheet composition
Assets €2.1m
Fixed assets €266,967
Current assets €1.8m
Equity and liabilities €2.1m
Equity €340,332
Debt €1.7m
Debt finances 83.5% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€148,985
Cash flow
€92,887
Current ratio
1.06
Quick ratio
1.01
Debt to equity
0.09
ROE
12.2%
ROA
2.0%
Debt ≤ 1 year
€1.7m
Debt > 1 year
€29,112
Income taxes
€20,084
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 27 lines
Balance sheet Code2018
Assets
Total assets20/58€2.1m
Fixed assets21/28€266,967
Intangible fixed assets21€22,800
Tangible fixed assets22/27€141,429
Financial fixed assets28€102,738
Current assets29/58€1.8m
Stocks and contracts in progress3€96,048
Amounts receivable within one year40/41€1.4m
Cash at bank and in hand54/58€26,869
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€340,332
Contributions10/11€18,592
Reserves13€202,786
Profit (loss) carried forward14€5,271
Amounts payable17/49€1.7m
Amounts payable after more than one year17€29,112
Amounts payable within one year42/48€1.7m
Trade debts44€1.1m
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,244
Gross operating margin9900€1.4m
Operating profit (loss)9901€97,741
Recurring financial income75€12,901
Recurring financial charges65€48,915
Profit (loss) for the period before taxes9903€61,727
Income taxes67/77€20,084
Profit (loss) for the period9904€41,643
Profit (loss) for the period to be appropriated9905€41,643
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,244
Gross operating margin9900€1.4m
Operating profit (loss)9901€97,741
Recurring financial income75€12,901
Recurring financial charges65€48,915
Profit (loss) for the period before taxes9903€61,727
Income taxes67/77€20,084
Profit (loss) for the period9904€41,643
Profit (loss) for the period to be appropriated9905€41,643
Line2018
Assets
Total assets20/58€2.1m
Fixed assets21/28€266,967
Intangible fixed assets21€22,800
Tangible fixed assets22/27€141,429
Financial fixed assets28€102,738
Current assets29/58€1.8m
Stocks and contracts in progress3€96,048
Amounts receivable within one year40/41€1.4m
Cash at bank and in hand54/58€26,869
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€340,332
Contributions10/11€18,592
Reserves13€202,786
Profit (loss) carried forward14€5,271
Amounts payable17/49€1.7m
Amounts payable after more than one year17€29,112
Amounts payable within one year42/48€1.7m
Trade debts44€1.1m
Line2018
Profit (loss) for the period9904€41,643
+ Depreciation and write-downs630€51,244
Operating cash flow (approximation)€92,887

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

2019
18-10
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 14-10-2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
08-07
Judicial reorganisation Opening
Tribunal de l’entreprise de Liège · collective agreement · event 28-06-2019
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
23-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
27-02
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
29-06
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
10-06
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
02-07
NBB filing Annual accounts filed
fiscal year 2009 · full schema
SignalNBB filing
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
Registered office, Herstal · 1 establishment unit since 1998
seat establishment approximate The establishment unit on the map
Ground area
1,150 m²
Parcel 62312B0205/00P002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Hermée 249, 4040 Herstal
Raising of dairy cattle
since 19982.089.400.784
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62312B0205/00P002indicative Wallonia 1,150 m² - -
Linked by address, not proof of ownership
Good to know
0 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 LEON LEDUC
PLACE DE BRONCKART 1, 4000 LIEGE 1
14-10-2019 → present

Similar companies · same sector, comparable size

Of 7,043 companies in sector 43221 we hold annual accounts for 3,475. 2,624 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 (pre-2019)
Founded30-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
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 28 September 2026 · Peppol Directory

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