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Chains & Wheels

Open bankruptcy
Private limited companyfounded 2022Markt 13, 9930 Lievegem, BelgiumKBO/BCE: BE 0790.474.576

A bankruptcy procedure is open for Chains & Wheels according to publications in the Belgian Official Gazette; trustee: Matthias Gesquiere.

Summary

The 2024 annual accounts show negative equity (-€23,755) and a net result of -€63,198.

Chains & WheelsOpen 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 Ghent, Ghent division
Declared bankrupt
14 October 2025
Supervising judge
Firmin Bulte
Official Gazette
20-10-2025 (pdf) ↗search the document for 2025/142419

Deadlines

Provisional date payments stopped
9 October 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 4 November 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 13 November 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 18 November 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 14 October 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

  • Matthias GesquiereMaaltemeers 84, 9051 1 Gent (Sint-Denijs-Westrem)m.gesquiere@portelio.be

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 bicycles
NACE 47632
1 site
Size
€196,635total assets 2024
Staff
0.4 FTE
Equity
-€23,755
Loss
-€63,198
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 2 deeds read
Signalsraises riskOpen bankruptcyNegative equityneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€23,755
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 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2024
on the day
2023
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 46 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Ghent…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Declared bankrupttrustee: Matthias Gesquiere 14-10-2025 View
  • Caution: From profit to loss in 2024after €38,443 in 2023 -€63,198 View
  • Total assets 20242 financial years filed €196,635 View

By topic

Financials

Financial year
2024
Total assets
€196,635
Loss
-€63,198
Solvency
-12.1%
Total assets▲ 5.2%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
06-09-2022
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

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