Equity
€12,325 from €550,000 in 2012
Equity fell by 98% in 9 years.
C.S.D.
Information for creditors
Enterprise Court of Walloon Brabant · Official Gazette of 03-03-2023Opened on 27 February 2023 · moratorium passed on 11 July 2023
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by collective agreement
- Docket number
- 20230011
- Moratorium until
- 11 July 2023 (passed, unless a later judgment extended it)
- Creditors' vote
- 26 June 2023
- Delegated judge
- Thierry Breuer
- Official Gazette
- 03-03-2023search the document for 2023/108171
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
Lifetime
16 annual accounts with figures on one time axis, 32 filings since 1990peak €1.1m (2013)
€803,744▲ 24.9%
lowest -€151,411 (2017)
€2,072▲ €125,617
peak €550,000 (2012)
€12,325▼ 4.7%
€647,410▲ 29.4%
peak 17.6 FTE (2017)
15.5 FTE▲ 2.0%
Board4 names since 2015
3 directorsBe-Plan and 2 others
Owners
40%Be-Plan
Documentsfilings and deeds
22-06-202239 days before the deadline
2021financial year
Gross margin from €643,564 to €803,744Back to profit: €2,072Debts from €500,171 to €647,410
Key points
from the 2021 annual accounts, the last ones filedDebts
€647,410 98% of the balance sheet
Financial debts 55%Suppliers 14%Taxes and wages 13%Other 18%
€397,552 of the debts are secured on the company's own assets.
Final months
176 days from reorganisation to bankruptcy
No annual accounts were filed for 2022.
No score
Signals
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- BankruptThis companyjudgment 22-08-2023
C.S.D. BELUX was founded 54 days before the bankruptcy of this company. The annual accounts of both list Be-Plan as director.
- Be-Plan listed as director in the annual accounts of both
- Similar name
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Walloon Brabant · judgment of 12-06-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Walloon Brabant · judgment of 22-08-2023 · Bankruptcy
Judicial reorganisation opened
Enterprise Court of Walloon Brabant · collective agreement · judgment of 27-02-2023 · Judicial reorganisation
1 director appointed, 2 reappointments
Reappointments: PRODUCTION ENGINEERING & MANAGEMENT (director) and CALIER Micheline (director) · Permanent representatives: GILLES Hugues Anita Guy Ghislain and RIBANT Francis · Appointment: PRODUCTION ENGINEERING & MANAGEMENT (managing director) · General meeting of 26-12-2022 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 11-01-1990 · bankruptcy closed on 12-06-2025
- Activity
- “Transformation industrielle et artisanale de la tôle” (deed in French)From the articles, 5 activitiesNo NACE code in the KBO yet
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2021
- ≈ €1.9mestimated
- €659,735▲ 28.6%
- Employeeson 31-12-2021
- 15
- Filing
- Filed on 22-06-2022
Insights on C.S.D.
Equity fell from €550,000 in 2012 to €12,325 in 2021.
On 27 February 2023 the court opened a judicial reorganisation. 176 days later came the bankruptcy.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about C.S.D.
- What is the company number of C.S.D.?
- The company number of C.S.D. is 0439.371.101. The VAT number is the same number with BE in front: BE 0439.371.101.
- What is the legal form of C.S.D.?
- Legal form of C.S.D.: SA.
- Is C.S.D. still active?
- No. C.S.D. is inactive in the KBO register.Company details
- How many employees did C.S.D. have?
- C.S.D. had an average of 15.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does C.S.D. fall under?
- In its 2021 annual accounts, C.S.D. states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of C.S.D.?
- The turnover in financial year 2021 is ≈ €1.9m. This figure is estimated from the gross margin of €803,744 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.2m. It is a rough estimate.
- Is C.S.D. profitable?
- In financial year 2021, C.S.D. made a profit of €2,072.
- Where can I find the annual accounts of C.S.D.?
- C.S.D. filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2021.
Next steps
Check what to know before you do business with this company.Supplier due diligence See this company's board, registered office and name on a given date.Company as of a date Find how this company is connected to another party.Network investigator Check your own customer list for customers at risk.Process a list