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CHIQ

Open bankruptcy
Private limited company (pre-2019)founded 1997KBO/BCE: BE 0461.199.960
Summary

A bankruptcy procedure is open for CHIQ according to publications in the Belgian State Gazette. The 2013 annual accounts show equity of €30,372 and a net result of -€17,480.

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
Commercial Court of Ghent, Ghent division
Declared bankrupt
22 December 2015
Official Gazette
28-12-2015 (pdf) ↗search the document for 2015/115540

Deadlines

Provisional date payments stopped
22 December 2015A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 12 January 2016Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 January 2016art. XX.104 and XX.155 CEL
First verification report
passed on 27 January 2016Goods 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 22 December 2016Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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

Two signals.
+raises risk
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
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

CHIQ was incorporated on 13 August 1997.1 Total assets rose from EUR 4,072 in 2009 to EUR 127,348 in 2013.2 On 22 December 2015 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2009 and 2013
  3. 3Belgian State Gazette, 28-12-2015

Go further with this company

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

Financials · fiscal year 2013, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€0
2012 · €0
Total assets
€127,348=
2012 · €127,348
Net result
-€17,480▼ 82.5%
2012 · -€9,577
Working capital
€12,510=
2012 · €12,510
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20092010201120122013
Turnover€0€0
Operating result€5,781-€45,109▲ 680%€8,364▼ 81.5%€8,364=-€19,574
Net result€3,251-€29,268▲ 800%€4,698▼ 83.9%-€9,577-€17,480▼ 82.5%
Equity-€210-€35,250€39,949▲ 13.3%€39,949=€30,372▼ 24.0%
Total assets€4,072-€65,478▲ 1,508%€92,065▲ 40.6%€127,348▲ 38.3%€127,348=
Debt€4,282-€30,228▲ 606%€52,116▲ 72.4%€96,977▲ 86.1%€96,977=
Working capital-€925-€31,532€24,529▼ 22.2%€12,510▼ 49.0%€12,510=
Staff (FTE)0.30
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2009: €5,781€5,781Net result 2009: €3,251€3,251Operating result 2010: €45,109€45,109Net result 2010: €29,268€29,268Operating result 2011: €8,364€8,364Net result 2011: €4,698€4,698Operating result 2012: €8,364€8,364Net result 2012: -€9,577-€9,577Operating result 2013: -€19,574-€19,574Net result 2013: -€17,480-€17,48020092010201120122013-€20,000-€10,000€0€10,000Operating result 2011: €8,364€8,360Net result 2011: €4,698€4,700Operating result 2012: €8,364€8,360Net result 2012: -€9,577-€9,580Operating result 2013: -€19,574-€19,600Net result 2013: -€17,480-€17,500201120122013
The operating result turns negative in 2013: a loss of €19,574 after €8,364 in 2012, the lowest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €127,348
Fixed assets €17,861 =
Current assets €109,487 =
Equity and liabilities €127,348
Equity €30,372 ▼ 24.0%
Debt €96,977 =
Debt's share of the balance-sheet total rises from 70.8% to 76.2%. Equity is lower.
Key figures and ratios
2013 value · change against 2012
EBITDA
-€11,969▼
2012 · €15,969
Cash flow
-€9,874▼
2012 · -€1,972
Current ratio
1.13=
2012 · 1.13
ROE
-57.6%▼
2012 · -24.0%
ROA
-13.7%▼
2012 · -7.5%
Debt ≤ 1 year
€96,977=
2012 · €96,977
Income taxes
€103▼
2012 · €2,677
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 · 2013 against 2012 · 32 lines
Balance sheet Code20122013
Assets
Total assets20/58€127,348€127,348=
Formation expenses20€0€0=
Fixed assets21/28€17,861€17,861=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€17,861€17,861=
Financial fixed assets28€0€0=
Current assets29/58€109,487€109,487=
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€104,008€104,008=
Current investments50/53€0€0=
Cash at bank and in hand54/58€18,298€5,478▼
Equity and liabilities
Total equity and liabilities10/49€127,348€127,348=
Equity10/15€39,949€30,372▼
Contributions10/11€18,592€18,592=
Reserves13€21,357€11,779▼
Profit (loss) carried forward14€14,799-€7,559▼
Provisions and deferred taxes16€0-
Amounts payable17/49€96,977€96,977=
Amounts payable after more than one year17€0-
Amounts payable within one year42/48€96,977€96,977=
Trade debts44€88,600€88,600=
Income statement Code20122013
Turnover70€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,605€7,605=
Gross operating margin9900€15,731-€13,286▼
Operating profit (loss)9901€8,364-€19,574▼
Recurring financial income75€1,669€2,792▲
Recurring financial charges65€2,299€1,490▼
Profit (loss) for the period before taxes9903-€9,474-€17,378▼
Income taxes67/77€2,677€103▼
Profit (loss) for the period9904-€9,577-€17,480▼
Profit (loss) for the period to be appropriated9905-€9,577-€17,480▼
Appropriation of the result
Return on contributions (dividend)694€0€0=
Line20092010201120122013Change
Turnover70---€0€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292€1,741€5,470€7,605€7,605=
Gross operating margin9900€6,473€58,969€15,731€15,731-€13,286▼ 184%
Operating profit (loss)9901€5,781€45,109€8,364€8,364-€19,574▼ 334%
Recurring financial income75€3€20€1,309€1,669€2,792▲ 67.3%
Recurring financial charges65€34€38€2,299€2,299€1,490▼ 35.2%
Profit (loss) for the period before taxes9903€5,749€45,776€7,375-€9,474-€17,378▼ 83.4%
Income taxes67/77€2,498€16,508€2,677€2,677€103▼ 96.2%
Profit (loss) for the period9904€3,251€29,268€4,698-€9,577-€17,480▼ 82.5%
Profit (loss) for the period to be appropriated9905€3,251€29,268€4,698-€9,577-€17,480▼ 82.5%
Line20092010201120122013Change
Assets
Total assets20/58€4,072€65,478€92,065€127,348€127,348=
Formation expenses20---€0€0-
Fixed assets21/28€715€3,721€15,420€17,861€17,861=
Intangible fixed assets21---€0€0-
Tangible fixed assets22/27€715€3,721€15,420€17,861€17,861=
Financial fixed assets28---€0€0-
Current assets29/58€3,357€61,757€76,645€109,487€109,487=
Stocks and contracts in progress3---€0€0-
Amounts receivable within one year40/41-€35,206€58,347€104,008€104,008=
Current investments50/53---€0€0-
Cash at bank and in hand54/58€3,357€26,420€18,298€18,298€5,478▼ 70.1%
Equity and liabilities
Total equity and liabilities10/49€4,072€65,478€92,065€127,348€127,348=
Equity10/15-€210€35,250€39,949€39,949€30,372▼ 24.0%
Contributions10/11€12,400€18,592€18,592€18,592€18,592=
Reserves13-€1,859€21,357€21,357€11,779▼ 44.8%
Profit (loss) carried forward14-€12,610€14,799-€12,610€14,799-€7,559▼ 151%
Provisions and deferred taxes16---€0--
Amounts payable17/49€4,282€30,228€52,116€96,977€96,977=
Amounts payable after more than one year17---€0--
Amounts payable within one year42/48€4,282€30,225€52,116€96,977€96,977=
Trade debts44-€13,886€31,956€88,600€88,600=
Line20092010201120122013Change
Profit (loss) for the period9904€3,251€29,268€4,698-€9,577-€17,480▼ 82.5%
+ Depreciation and write-downs630€292€1,741€5,470€7,605€7,605=
Operating cash flow (approximation)€3,543€31,009€10,168-€1,972-€9,874▼ 401%
Investment in fixed assets (approximation)--€4,747-€17,168-€10,047-€7,605▲ 24.3%
Change in cash-€23,063-€8,122€0-€12,820-

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

2015
28-12
Bankruptcy Opening
Rechtbank van koophandel Gent, afdeling Gent · event 22-12-2015
18-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 414 days late
2014
24-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 511 days late
27-03
Bankruptcy Opening
Rechtbank van Koophandel te TURNHOUT · event 18-03-2014
2013
31-12
Financial Weakest financial yearnet -€17,480
Net result drops to -€17,480, the lowest in the series.
22-03
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 234 days late
2011
27-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-12
Financial Highest result since 2009net €29,268 ▲800%
Operating result €45,109, net result €29,268, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.04
Current ratio from 0.78 to 2.04.
15-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
09-06
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
18-06
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
Show earlier events
2007
05-06
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
08-06
NBB filing Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
29-06
NBB filing Annual accounts filed
fiscal year 2004 · 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, Gent · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
8,006 m²
Parcel 44032A0472/00R003, Flanders. Linked by address, not a title deed.
46 companies at this address See who is registered here
1 establishment unit
CHIQ
Scientific research and development
since 19972.083.012.642
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0472/00R003 Flanders 1.9 ha 1 · 8,006 m² -
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 Mr DE VOS CARINE
VLIEGUIT 1, 9830 SINT-MARTENS-LATEM
22-12-2015 → present
Curator Mr. BRUURS
MARK, advocaat, te 2387 BAARLE-HERTOG, ALPHENSEWEG 12
18-03-2014 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-1997
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 30 September 2026 · Peppol Directory

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