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CODEBAT

Open bankruptcy
Private limited company (pre-2019)founded 2011Rue Maréchal-Foch 28, 6760 Virton, BelgiumKBO/BCE: BE 0840.644.164

A bankruptcy procedure is open for CODEBAT according to publications in the Belgian State Gazette; curator: OLIVIER RODESCH.

Summary

The 2018 annual accounts show negative equity (-€74,707) and a net result of -€119,879.

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 Liège, Neufchâteau division
Declared bankrupt
21 December 2018
Supervising judge
Francis Leclere
Official Gazette
28-12-2018 (pdf) ↗search the document for 2018/155506

Deadlines

Appeal or third-party opposition until
passed on 12 January 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 January 2019art. XX.104 and XX.155 CEL
First verification report
passed on 15 February 2019Goods 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 21 December 2019Late, 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

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 · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 20-12-2018, 42 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 1 day before the deadline, and 42% 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

CODEBAT was incorporated on 27 October 2011.1 Total assets fell from EUR 261,443 in 2014 to EUR 31,281 in 2018 and headcount from 0.3 full-time equivalents in 2014 to 1.2 in 2017.2 On 21 December 2018 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2014, 2017 and 2018
  3. 3Belgian State Gazette, 28-12-2018

Go further with this company

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

Financials · fiscal year 2018, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€119,879
2017 · €3,779
Working capital
-€75,207
2017 · €18,340
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
Line20142015201620172018
Operating result€15,861-€14,433▼ 9.0%€16,163▲ 12.0%€11,339▼ 29.8%-€108,079
Net result€2,270-€5,039▲ 122%€7,960▲ 58.0%€3,779▼ 52.5%-€119,879
Equity€28,394-€33,433▲ 17.7%€41,394▲ 23.8%€45,172▲ 9.1%-€74,707
Total assets€261,443-€293,050▲ 12.1%€284,415▼ 2.9%€367,198▲ 29.1%€31,281▼ 91.5%
Debt€224,610-€255,474▲ 13.7%€241,207▼ 5.6%€320,211▲ 32.8%€105,988▼ 66.9%
Working capital€12,023-€9,731▼ 19.1%€16,973▲ 74.4%€18,340▲ 8.1%-€75,207
Staff (FTE)0.3-0.8▲ 167%1▲ 25.0%1.2▲ 20.0%
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2014: €15,861€15,861Net result 2014: €2,270€2,270Operating result 2015: €14,433€14,433Net result 2015: €5,039€5,039Operating result 2016: €16,163€16,163Net result 2016: €7,960€7,960Operating result 2017: €11,339€11,339Net result 2017: €3,779€3,779Operating result 2018: -€108,079-€108,079Net result 2018: -€119,879-€119,87920142015201620172018-€150,000-€100,000-€50,000€0Operating result 2016: €16,163€16,200Net result 2016: €7,960€7,960Operating result 2017: €11,339€11,300Net result 2017: €3,779€3,780Operating result 2018: -€108,079-€108,000Net result 2018: -€119,879-€120,000201620172018
The operating result turns negative in 2018: a loss of €108,079 after €11,339 in 2017, the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €31,281
Fixed assets €500 ▼ 99.6%
Current assets €30,781 ▼ 86.3%
Key figures and ratios
2018 value · change against 2017
EBITDA
-€106,746▼
2017 · €16,702
Cash flow
-€118,546▼
2017 · €9,141
Solvency
-238.8%▼
2017 · 12.3%
Current ratio
0.29▼
2017 · 1.09
ROA
-383.2%▼
2017 · 1.0%
Debt ≤ 1 year
€105,988▼
2017 · €206,150
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 · 2018 against 2017 · 27 lines
Balance sheet Code20172018
Assets
Total assets20/58€367,198€31,281▼
Fixed assets21/28€142,708€500▼
Tangible fixed assets22/27€142,208-
Financial fixed assets28€500€500=
Current assets29/58€224,490€30,781▼
Stocks and contracts in progress3€46,000-
Amounts receivable within one year40/41€175,223€27,616▼
Cash at bank and in hand54/58-€1,056
Equity and liabilities
Total equity and liabilities10/49€367,198€31,281▼
Equity10/15€45,172-€74,707▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Profit (loss) carried forward14€24,712-€95,167▼
Provisions and deferred taxes16€1,814-
Amounts payable17/49€320,211€105,988▼
Amounts payable after more than one year17€114,062-
Amounts payable within one year42/48€206,150€105,988▼
Trade debts44€131,215€104,933▼
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,363€1,334▼
Gross operating margin9900€74,050-€83,278▼
Operating profit (loss)9901€11,339-€108,079▼
Recurring financial income75€5,933€3,398▼
Recurring financial charges65€12,252€15,198▲
Profit (loss) for the period before taxes9903€5,020-€119,879▼
Income taxes67/77€1,242-
Profit (loss) for the period9904€3,779-€119,879▼
Profit (loss) for the period to be appropriated9905€3,779-€119,879▼
Line20142015201620172018Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,037€12,926€9,100€5,363€1,334▼ 75.1%
Gross operating margin9900€58,291€69,291€74,868€74,050-€83,278▼ 212%
Operating profit (loss)9901€15,861€14,433€16,163€11,339-€108,079▼ 1,053%
Recurring financial income75€3,838€5,441€4,734€5,933€3,398▼ 42.7%
Recurring financial charges65€14,695€12,817€9,971€12,252€15,198▲ 24.0%
Profit (loss) for the period before taxes9903€5,004€7,057€10,927€5,020-€119,879▼ 2,488%
Income taxes67/77€2,734€2,018€2,966€1,242--
Profit (loss) for the period9904€2,270€5,039€7,960€3,779-€119,879▼ 3,273%
Profit (loss) for the period to be appropriated9905€2,270€5,039€7,960€3,779-€119,879▼ 3,273%
Line20142015201620172018Change
Assets
Total assets20/58€261,443€293,050€284,415€367,198€31,281▼ 91.5%
Fixed assets21/28€169,276€157,094€148,071€142,708€500▼ 99.6%
Tangible fixed assets22/27€164,174€151,992€147,571€142,208--
Financial fixed assets28€5,102€5,102€500€500€500=
Current assets29/58€92,167€135,956€136,344€224,490€30,781▼ 86.3%
Stocks and contracts in progress3---€46,000--
Amounts receivable within one year40/41€90,792€134,211€133,973€175,223€27,616▼ 84.2%
Cash at bank and in hand54/58----€1,056-
Equity and liabilities
Total equity and liabilities10/49€261,443€293,050€284,415€367,198€31,281▼ 91.5%
Equity10/15€28,394€33,433€41,394€45,172-€74,707▼ 265%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€7,934€12,973€20,934€24,712-€95,167▼ 485%
Provisions and deferred taxes16€8,439€4,142€1,814€1,814--
Amounts payable17/49€224,610€255,474€241,207€320,211€105,988▼ 66.9%
Amounts payable after more than one year17€144,466€129,249€121,836€114,062--
Amounts payable within one year42/48€80,144€126,226€119,371€206,150€105,988▼ 48.6%
Trade debts44€18,732€84,032€91,683€131,215€104,933▼ 20.0%
Line20142015201620172018Change
Profit (loss) for the period9904€2,270€5,039€7,960€3,779-€119,879▼ 3,273%
+ Depreciation and write-downs630€19,037€12,926€9,100€5,363€1,334▼ 75.1%
Operating cash flow (approximation)€21,307€17,966€17,061€9,141-€118,546▼ 1,397%
Investment in fixed assets (approximation)--€744-€77€0€140,874-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2018
28-12
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 21-12-2018
20-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
30-06
Financial Weakest financial yearnet -€119,879
Net result drops to -€119,879, the lowest in the series.
16-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
29-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
30-06
Financial Highest result since 2014net €7,960 ▲58%
Operating result €16,163, net result €7,960, both a record.
2015
31-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2014
31-12
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2013
30-12
NBB filing Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 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
12 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, Virton · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
450 m²
Building footprint
64 m²
Volume, LiDAR
573 m³
Parcel 85045A0312/00M003, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CODEBAT
Rue Maréchal-Foch 28, 6760 VirtonSpecialised construction activities
since 20112.204.171.877
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
85045A0312/00M003 Wallonia 450 m² 1 · 63 m² 10.4 m · 3 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

1 mandate
Role Name Tenure
Curator OLIVIER RODESCH
RUE DU FOURNIL, (GIVROULLE) 34, 6687 BERTOGNE- olivier.rodesch@kadri- avocats.com
21-12-2018 → present

Similar companies · same sector, comparable size

Of 913 companies in sector 43333 we hold annual accounts for 401. 325 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 (pre-2019)
Founded27-10-2011
Fiscal year end30-06
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
43320Joinery installation
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.