CHECK OUT
Open bankruptcyA bankruptcy procedure is open for CHECK OUT according to publications in the Belgian State Gazette; curator: YANNICK ALSTEENS.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €70,649 and a net result of €15,634.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 3 November 2025
- Supervising judge
- Francis Vanbever
- Official Gazette
- 10-11-2025 (pdf) ↗search the document for 2025/146223
Deadlines
- Appeal or third-party opposition until
- passed on 25 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 3 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 December 2025Goods 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
- 3 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Yannick AlsteensRue Du Panier Vert 70, 1400 Nivellesyannick.alsteens@novalis.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- 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 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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
150 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 91 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?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?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15,634▲ 4.0%
2021 · €15,031
Working capital
€140,010
2021 · -€31,492
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result€24,268-€27,359▲ 12.7%
Net result€15,031-€15,634▲ 4.0%
Equity€55,015-€70,649▲ 28.4%
Total assets€381,943-€295,751▼ 22.6%
Debt€326,928-€225,102▼ 31.1%
Working capital-€31,492-€140,010
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 13% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €295,751
Fixed assets
€93,320 ▼ 13.3%
Current assets
€202,431 ▼ 26.2%
Equity and liabilities €295,751
Equity
€70,649 ▲ 28.4%
Debt
€225,102 ▼ 31.1%
Debt's share of the balance-sheet total falls from 85.6% to 76.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,620▲
2021 · €37,025
Cash flow
€29,895▲
2021 · €27,788
Current ratio
3.24▲
2021 · 0.90
Quick ratio
1.09▲
2021 · 0.23
Debt to equity
3.19▼
2021 · 5.94
ROE
22.1%▼
2021 · 27.3%
ROA
5.3%▲
2021 · 3.9%
Interest coverage
5.84▲
2021 · 3.26
Debt ≤ 1 year
€62,421▼
2021 · €305,854
Debt > 1 year
€162,681▲
2021 · €21,074
Income taxes
€4,600
Staff costs
€11,515▼
2021 · €13,163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €13,163 | €11,515 | ▼ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,757 | €14,261 | ▲ 11.8% |
| Other operating charges640/8 | €905 | €8,484 | ▲ 837% |
| Gross operating margin9900 | €51,093 | €61,619 | ▲ 20.6% |
| Operating profit (loss)9901 | €24,268 | €27,359 | ▲ 12.7% |
| Financial income75/76B | €2,111 | €1 | ▼ 100.0% |
| Recurring financial income75 | €2,111 | €1 | ▼ 100.0% |
| Financial charges65/66B | €11,348 | €7,126 | ▼ 37.2% |
| Recurring financial charges65 | €11,348 | €7,126 | ▼ 37.2% |
| Profit (loss) for the period before taxes9903 | €15,031 | €20,234 | ▲ 34.6% |
| Income taxes67/77 | - | €4,600 | - |
| Profit (loss) for the period9904 | €15,031 | €15,634 | ▲ 4.0% |
| Profit (loss) for the period to be appropriated9905 | €15,031 | €15,634 | ▲ 4.0% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €381,943 | €295,751 | ▼ 22.6% |
| Fixed assets21/28 | €107,581 | €93,320 | ▼ 13.3% |
| Intangible fixed assets21 | €17,671 | €15,671 | ▼ 11.3% |
| Tangible fixed assets22/27 | €78,744 | €66,483 | ▼ 15.6% |
| Other tangible fixed assets26 | €78,744 | €66,483 | ▼ 15.6% |
| Financial fixed assets28 | €11,166 | €11,166 | = |
| Current assets29/58 | €274,361 | €202,431 | ▼ 26.2% |
| Stocks and contracts in progress3 | €203,234 | €134,327 | ▼ 33.9% |
| Stocks30/36 | €203,234 | €134,327 | ▼ 33.9% |
| Amounts receivable within one year40/41 | €16,894 | €55,213 | ▲ 227% |
| Trade receivables40 | €2,799 | €41,078 | ▲ 1,368% |
| Other amounts receivable41 | €14,095 | €14,136 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €54,234 | €12,890 | ▼ 76.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €381,943 | €295,751 | ▼ 22.6% |
| Equity10/15 | €55,015 | €70,649 | ▲ 28.4% |
| Contributions10/11 | €39,984 | €39,984 | = |
| Profit (loss) carried forward14 | €15,031 | €30,665 | ▲ 104% |
| Amounts payable17/49 | €326,928 | €225,102 | ▼ 31.1% |
| Amounts payable after more than one year17 | €21,074 | €162,681 | ▲ 672% |
| Financial debts170/4 | €21,074 | €162,681 | ▲ 672% |
| Amounts payable within one year42/48 | €305,854 | €62,421 | ▼ 79.6% |
| Current portion of amounts payable after more than one year42 | €24,835 | €49,994 | ▲ 101% |
| Trade debts44 | €10,313 | - | - |
| Suppliers440/4 | €10,313 | - | - |
| Taxes, remuneration and social security45 | €36,062 | €12,308 | ▼ 65.9% |
| Taxes450/3 | €27,650 | €12,308 | ▼ 55.5% |
| Remuneration and social security454/9 | €8,412 | - | - |
| Other amounts payable47/48 | €234,644 | €120 | ▼ 99.9% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,031 | €15,634 | ▲ 4.0% |
| + Depreciation and write-downs630 | €12,757 | €14,261 | ▲ 11.8% |
| Operating cash flow (approximation) | €27,788 | €29,895 | ▲ 7.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€41,344 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-11-2025
2024
26-04
KBO administration
Address struck
event 27-02-2024
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 3.24
Current ratio from 0.90 to 3.24; short-term debt falls from €305,854 to €62,421.
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 150 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2020
Ground area
1,740 m²
Building footprint
927 m²
Volume, LiDAR
15,951 m³
2 parcels, Brussels · tallest building 25.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
CHECK OUT SRL
since 20202.307.953.464
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1535/00A000 | Brussels | 935 m² | 1 · 120 m² | 20.6 m · 6 fl. |
| 21808H1876/00W002 | Brussels | 805 m² | 1 · 808 m² | 25.4 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | YANNICK ALSTEENS RUE DU PANIER VERT 70,
1400 NIVELLES |
03-11-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2020
Fiscal year end31-12
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.