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buvaco

Open bankruptcy
Private limited companyfounded 1998Rechtstraat 66, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0463.059.093
Summary

A bankruptcy procedure is open for buvaco according to publications in the Belgian State Gazette. The file additionally contains 5 judicial reorganisation notices. The 2023 annual accounts show equity of €127,429 and a net result of €18,633.

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 Antwerp, Hasselt division
Declared bankrupt
8 January 2026
Official Gazette
22-01-2026 (pdf) ↗search the document for 2026/102388

Deadlines

Provisional date payments stopped
8 January 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 6 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 7 February 2026art. XX.104 and XX.155 CEL
First verification report
passed on 19 February 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
8 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Christophe HermansElisabethwal 4, Bus 2, 3700 Tongeren-Borgloonchristophe.hermans@hermanswirix.be
  • Pieter WirixElisabethwal 4 Bus 2, 3700 Tongeren-Borg- Loonpieter.wirix@hermanswirix.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 · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-10-2024, 63 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
63 d late
2022
46 d late
2021
95 d late
2020
173 d late
2019
55 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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

Buvaco was incorporated on 3 April 1998.1 Total assets rose from EUR 47,390 in 2018 to EUR 201,909 in 2023.2 On 8 January 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 22-01-2026

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
€127,429▲ 17.1%
2022 · €108,796
Total assets
€201,909▲ 30.4%
2022 · €154,800
Net result
€18,633▲ 16.4%
2022 · €16,010
Working capital
€127,605▲ 20.6%
2022 · €105,839
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line20192020202120222023
Operating result€47,180▲ 133%€23,792▼ 49.6%€19,443▼ 18.3%€31,633▲ 62.7%€30,751▼ 2.8%
Net result€31,233▲ 111%€19,462within the sector's middle half▼ 37.7%€11,728within the sector's middle half▼ 39.7%€16,010within the sector's middle half▲ 36.5%€18,633within the sector's middle half▲ 16.4%
Equity€61,597▲ 103%€81,059within the sector's middle half▲ 31.6%€92,787within the sector's middle half▲ 14.5%€108,796within the sector's middle half▲ 17.3%€127,429within the sector's middle half▲ 17.1%
Total assets€97,192▲ 105%€104,220within the sector's middle half▲ 7.2%€135,780within the sector's middle half▲ 30.3%€154,800within the sector's middle half▲ 14.0%€201,909within the sector's middle half▲ 30.4%
Debt€35,595▲ 109%€23,161▼ 34.9%€42,993▲ 85.6%€46,003▲ 7.0%€74,480▲ 61.9%
Working capital€61,597▲ 103%€76,810within the sector's middle half▲ 24.7%€93,973above the sector's middle half▲ 22.3%€105,839above the sector's middle half▲ 12.6%€127,605above the sector's middle half▲ 20.6%
Solvency63.4%▼ 0.7pp77.8%above the sector's middle half▲ 14.4pp68.3%within the sector's middle half▼ 9.4pp70.3%within the sector's middle half▲ 1.9pp63.1%within the sector's middle half▼ 7.2pp
Current ratio2.73▼ 0.054.32above the sector's middle half▲ 1.593.47within the sector's middle half▼ 0.843.32within the sector's middle half▼ 0.152.79within the sector's middle half▼ 0.53
Return on assets (ROA)32.1%▲ 0.9pp18.7%within the sector's middle half▼ 13.5pp8.6%within the sector's middle half▼ 10.0pp10.3%within the sector's middle half▲ 1.7pp9.2%within the sector's middle half▼ 1.1pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2019: €47,180€47,180Net result 2019: €31,233€31,233Operating result 2020: €23,792€23,792Net result 2020: €19,462€19,462Operating result 2021: €19,443€19,443Net result 2021: €11,728€11,728Operating result 2022: €31,633€31,633Net result 2022: €16,010€16,010Operating result 2023: €30,751€30,751Net result 2023: €18,633€18,63320192020202120222023€0€10,000€20,000€30,000Operating result 2021: €19,443€19,400Net result 2021: €11,728€11,700Operating result 2022: €31,633€31,600Net result 2022: €16,010€16,000Operating result 2023: €30,751€30,800Net result 2023: €18,633€18,600202120222023
The operating result falls in 2023; 2023 is 3% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €201,909
Fixed assets €2,942 ▼ 12.9%
Current assets €198,968 ▲ 31.4%
Equity and liabilities €201,909
Equity €127,429 ▲ 17.1%
Debt €74,480 ▲ 61.9%
Debt's share of the balance-sheet total rises from 29.7% to 36.9%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€31,187▼
2022 · €32,069
Cash flow
€19,069▲
2022 · €16,446
Debt to equity
0.58▲
2022 · 0.42
ROE
14.6%▼
2022 · 14.7%
Interest coverage
16.10▼
2022 · 36.02
Debt ≤ 1 year
€71,363▲
2022 · €45,583
Debt > 1 year
€3,117▲
2022 · €305
Income taxes
€10,185▲
2022 · €9,002
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 · 2023 against 2022 · 45 lines
Balance sheet Code20222023
Assets
Total assets20/58€154,800€201,909▲
Fixed assets21/28€3,377€2,942▼
Tangible fixed assets22/27€3,377€2,942▼
Plant, machinery and equipment23€3,377€2,942▼
Current assets29/58€151,422€198,968▲
Amounts receivable after more than one year29€90,000€90,000=
Other amounts receivable291€90,000€90,000=
Amounts receivable within one year40/41€43,297€89,241▲
Trade receivables40€10,465€69,850▲
Other amounts receivable41€32,832€19,391▼
Cash at bank and in hand54/58-€1
Deferred charges and accrued income490/1€18,125€19,726▲
Equity and liabilities
Total equity and liabilities10/49€154,800€201,909▲
Equity10/15€108,796€127,429▲
Contributions10/11€8,200€8,200=
Reserves13€48,110€66,610▲
Non-distributable reserves130/1€48,110€66,610▲
Reserves not available under the articles1311€1,860€1,860=
Other1319€46,250€64,750▲
Profit (loss) carried forward14€52,486€52,619▲
Amounts payable17/49€46,003€74,480▲
Amounts payable after more than one year17€305€3,117▲
Financial debts170/4€305€3,117▲
Amounts payable within one year42/48€45,583€71,363▲
Taxes, remuneration and social security45€45,583€71,363▲
Taxes450/3€45,583€71,363▲
Accrued charges and deferred income492/3€115-
Income statement Code20222023
Non-recurring operating income76A€3,855-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€436€436=
Other operating charges640/8€62€892▲
Gross operating margin9900€32,131€32,079▼
Operating profit (loss)9901€31,633€30,751▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€6,621€1,937▼
Recurring financial charges65€890€1,937▲
Non-recurring financial charges66B€5,731-
Profit (loss) for the period before taxes9903€25,012€28,818▲
Income taxes67/77€9,002€10,185▲
Profit (loss) for the period9904€16,010€18,633▲
Profit (loss) for the period to be appropriated9905€16,010€18,633▲
Appropriation of the result
Profit (loss) to be appropriated9906€68,236€71,119▲
Profit (loss) brought forward from the previous period14P€52,227€52,486▲
Transfer to equity691/2€15,750€18,500▲
To other reserves6921€15,750€18,500▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€8,652€3,855--
Remuneration, social security and pensions62--€173---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€110€436€436€436=
Other operating charges640/8--€355€62€892▲ 1,339%
Non-recurring operating charges66A--€8,408---
Gross operating margin9900€48,815€24,291€28,815€32,131€32,079▼ 0.2%
Operating profit (loss)9901€47,180€23,792€19,443€31,633€30,751▼ 2.8%
Financial income75/76B---€0€4▲ 1,067%
Recurring financial income75-€1,817-€0€4▲ 1,067%
Financial charges65/66B--€835€6,621€1,937▼ 70.7%
Recurring financial charges65€994€742€835€890€1,937▲ 118%
Non-recurring financial charges66B---€5,731--
Profit (loss) for the period before taxes9903€46,186€24,868€18,608€25,012€28,818▲ 15.2%
Income taxes67/77€14,953€5,406€6,880€9,002€10,185▲ 13.1%
Profit (loss) for the period9904€31,233€19,462€11,728€16,010€18,633▲ 16.4%
Profit (loss) for the period to be appropriated9905€31,233€19,462€11,728€16,010€18,633▲ 16.4%
Line20192020202120222023Change
Assets
Total assets20/58€97,192€104,220€135,780€154,800€201,909▲ 30.4%
Fixed assets21/28-€4,249€3,813€3,377€2,942▼ 12.9%
Tangible fixed assets22/27-€4,249€3,813€3,377€2,942▼ 12.9%
Plant, machinery and equipment23--€3,813€3,377€2,942▼ 12.9%
Current assets29/58€97,192€99,971€131,967€151,422€198,968▲ 31.4%
Amounts receivable after more than one year29--€90,000€90,000€90,000=
Other amounts receivable291--€90,000€90,000€90,000=
Amounts receivable within one year40/41€93,358€7,218€41,967€43,297€89,241▲ 106%
Trade receivables40--€11,316€10,465€69,850▲ 567%
Other amounts receivable41--€30,651€32,832€19,391▼ 40.9%
Cash at bank and in hand54/58€2,396€1,667€0-€1-
Deferred charges and accrued income490/1---€18,125€19,726▲ 8.8%
Equity and liabilities
Total equity and liabilities10/49€97,192€104,220€135,780€154,800€201,909▲ 30.4%
Equity10/15€61,597€81,059€92,787€108,796€127,429▲ 17.1%
Contributions10/11€8,200€8,200€8,200€8,200€8,200=
Reserves13€1,860€20,860€32,360€48,110€66,610▲ 38.5%
Non-distributable reserves130/1--€32,360€48,110€66,610▲ 38.5%
Reserves not available under the articles1311--€1,860€1,860€1,860=
Other1319--€30,500€46,250€64,750▲ 40.0%
Profit (loss) carried forward14€51,537€51,999€52,227€52,486€52,619▲ 0.3%
Amounts payable17/49€35,595€23,161€42,993€46,003€74,480▲ 61.9%
Amounts payable after more than one year17--€5,000€305€3,117▲ 923%
Financial debts170/4--€5,000€305€3,117▲ 923%
Amounts payable within one year42/48€35,595€23,161€37,993€45,583€71,363▲ 56.6%
Trade debts44€7,524-€5,645---
Suppliers440/4--€5,645---
Taxes, remuneration and social security45--€32,348€45,583€71,363▲ 56.6%
Taxes450/3--€32,348€45,583€71,363▲ 56.6%
Accrued charges and deferred income492/3---€115--
Line20192020202120222023Change
Profit (loss) for the period9904€31,233€19,462€11,728€16,010€18,633▲ 16.4%
+ Depreciation and write-downs630-€110€436€436€436=
Operating cash flow (approximation)€31,233€19,572€12,164€16,446€19,069▲ 16.0%
Investment in fixed assets (approximation)--€0€0€0-
Change in cash--€729-€1,667---

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

2026
22-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 08-01-2026
2024
02-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
15-01
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 15-12-2023
2023
20-11
Judicial reorganisation Filing of a new plan authorised
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · collective agreement · event 10-11-2023
12-10
Judicial reorganisation Extension
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · collective agreement · event 06-10-2023
15-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
12-09
Judicial reorganisation Extension
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · collective agreement · event 21-08-2023
24-07
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 07-07-2023
2022
31-12
Financial Equity above €100,000Eq €108,796 ▲17.3%
5 profitable years in a row build equity to €108,796.
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
20-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 173 days late
2021
31-12
Financial Weakest financial yearnet €11,728 ▼39.7%
Net result drops to €11,728, the lowest in the series.
Show earlier events
2020
06-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Highest result since 2018net €31,233 ▲111%
Operating result €47,180, net result €31,233, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2015
27-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Tongeren-Borgloon · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
610 m²
Building footprint
327 m²
Volume, LiDAR
1,756 m³
Parcel 73073A0923/00L000, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Buvaco
Rechtstraat 66, 3700 Tongeren-BorgloonManufacture of metal structures and parts of structures
since 19982.266.817.744
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73073A0923/00L000 Flanders 610 m² 1 · 327 m² 10.8 m · 1 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 CHRISTOPHE HERMANS
ELISABETHWAL 4, BUS 2, 3700 TONGEREN-BORGLOON
08-01-2026 → present
Curator PIETER WIRIX
ELISABETHWAL 4 BUS 2, 3700 TONGEREN-BORG- LOON
08-01-2026 → present

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,594 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
Founded03-04-1998
Fiscal year end31-12
Abbreviation NL C.V.L.V.H.
Activities, NACEBEL 2025
82100Office administrative and support services
53200Other postal and courier activities
68203Renting and operating of own or leased non-residential real estate, excluding land
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0463059093
Also 9925:BE0463059093

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

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