Financials
- Financial year
- 2017
- Turnover
- €8.8m
- Loss
- -€3.0m
- Solvency
- -49.2%
Turnover▼ 15.7%
Net result
20132017
Cartoflex Windows
Open bankruptcyAre 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
- Commercial Court of Ghent, Ghent division
- Declared bankrupt
- 12 October 2018
- Supervising judge
- Michel Reyniers
- Official Gazette
- 18-10-2018 (pdf) ↗search the document for 2018/142622
Deadlines
- Provisional date payments stopped
- 12 October 2018A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 2 November 2018Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol until
- passed on 11 November 2018art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 20 November 2018Reclaim 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 12 October 2019A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustees
- Ronny JosephMartelaarslaan 210, 9000 Gentronny.joseph@advocaat.be
- Arne MagnusMartelaars- Laan 210, 9000 Gentarne.magnus@advocaat.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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 trustee's reports appear there.
These deadlines 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 ↗
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
Joinery installation
NACE 43320
1 site
Size
€8.8mturnover 2017
- Staff
- 38.3 FTE
- Equity
- -€1.7m
- Loss
- -€3.0m
Financial health
Open bankruptcy: no score
Structure
0 of 10 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 20-09-2018, 51 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2017
51 days late
2016
10 days late
2015
20 days early
2014
23 days early
2013
3 days early
2012
34 days early
2011
68 days early
← 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 12 days before the deadline; the sector median (NACE 43) for financial year 2017 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (1)
- OpeningCommercial Court of Ghent, Ghent…
- Annual accounts filedfinancial year 2017 · full…
- OpeningCommercial Court of Ghent ·…
Key points
By topic
Timeline
- Events
- 33
- Since
- 1990
- 31-12-2017Weakest financial year
- 10-08-2017Annual accounts filed
- 11-07-2016Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Joinery installationNACE 43320
- Founded
- 31-01-1989
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Go further with this company
Who ran this company, and where was it based, on a given date before it ended?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?Process a list How is the joinery installation sector doing?Sector figures
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