"D23"
Open bankruptcyA bankruptcy procedure is open for "D23" according to publications in the Belgian State Gazette; curator: EDWIN BELLIS.
Summary
The 2024 annual accounts show negative equity (-€288,951) and a net result of -€36,472.
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 Leuven
- Declared bankrupt
- 22 May 2025
- Supervising judge
- Willy Timmermans
- Official Gazette
- 13-06-2025 (pdf) ↗search the document for 2025/125391
Curator
- Edwin BellisSt-Maartenstraat 61, 3000 Leuvenedwin.bellis@b-vadvocaten.be
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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€288,951
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 09-04-2025, 113 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
113 d early
2023
238 d late
2022
32 d late
2021
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
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?Address check Are there other customers at risk in your own list?Debtor check How is the Renting and operating of own or leased residential real estate, excluding social housing sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€288,951▼ 14.4%
2023 · -€252,480
Total assets
€141,506▼ 28.3%
2023 · €197,318
Net result
-€36,472▲ 75.3%
2023 · -€147,607
Working capital
-€97,453▲ 29.2%
2023 · -€137,657
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
Line2021202220232024
Operating result-€79,597-€80,466-€132,691-€35,175▲ 73.5%
Net result-€91,676-€70,992-€147,607-€36,472▲ 75.3%
Equity-€175,864--€104,872▲ 40.4%-€252,480▼ 141%-€288,951▼ 14.4%
Total assets€936,761-€1.1m▲ 20.4%€197,318▼ 82.5%€141,506▼ 28.3%
Debt€1.0m-€1.1m▲ 11.8%€354,465▼ 68.8%€335,124▼ 5.5%
Working capital-€74,910-€669,783-€137,657-€97,453▲ 29.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35,175 in 2024 against €132,691 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141,506
Fixed assets
€109,264 ▼ 34.6%
Current assets
€32,242 ▲ 6.7%
Key figures and ratios
EBITDA
-€15,529▲
2023 · -€107,508
Cash flow
-€16,826▲
2023 · -€122,424
Solvency
-204.2%▼
2023 · -128.0%
Current ratio
0.25▲
2023 · 0.18
Debt to equity
-1.16▲
2023 · -1.40
ROA
-25.8%▲
2023 · -74.8%
Interest coverage
-13.03▼
2023 · -7.38
Debt ≤ 1 year
€129,695▼
2023 · €167,864
Debt > 1 year
€205,429▲
2023 · €175,572
Income taxes
€348▼
2023 · €424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €47,100 | €1,000 | €24,780 | ▲ 2,378% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137,502 | €32,780 | €25,183 | €19,646 | ▼ 22.0% |
| Other operating charges640/8 | €2,790 | €3,108 | €2,048 | €2,099 | ▲ 2.5% |
| Non-recurring operating charges66A | - | €19,218 | €65,208 | €6,145 | ▼ 90.6% |
| Gross operating margin9900 | €60,695 | €135,572 | -€40,253 | -€7,285 | ▲ 81.9% |
| Operating profit (loss)9901 | -€79,597 | €80,466 | -€132,691 | -€35,175 | ▲ 73.5% |
| Financial income75/76B | €79 | €0 | €81 | €243 | ▲ 198% |
| Recurring financial income75 | €79 | €0 | €81 | €13 | ▼ 84.0% |
| Non-recurring financial income76B | - | - | - | €230 | - |
| Financial charges65/66B | €12,158 | €9,474 | €14,574 | €1,192 | ▼ 91.8% |
| Recurring financial charges65 | €12,158 | €9,474 | €14,574 | €1,192 | ▼ 91.8% |
| Profit (loss) for the period before taxes9903 | -€91,676 | €70,992 | -€147,183 | -€36,123 | ▲ 75.5% |
| Income taxes67/77 | - | - | €424 | €348 | ▼ 17.7% |
| Profit (loss) for the period9904 | -€91,676 | €70,992 | -€147,607 | -€36,472 | ▲ 75.3% |
| Profit (loss) for the period to be appropriated9905 | -€91,676 | €70,992 | -€147,607 | -€36,472 | ▲ 75.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €936,761 | €1.1m | €197,318 | €141,506 | ▼ 28.3% |
| Fixed assets21/28 | €912,388 | €318,512 | €167,111 | €109,264 | ▼ 34.6% |
| Tangible fixed assets22/27 | €912,388 | €318,512 | €167,111 | €109,264 | ▼ 34.6% |
| Land and buildings22 | €879,161 | €121,017 | €105,562 | €88,458 | ▼ 16.2% |
| Plant, machinery and equipment23 | €17,601 | €18,205 | €24,904 | €6,544 | ▼ 73.7% |
| Furniture and vehicles24 | €4,126 | €149,790 | €7,146 | €2,762 | ▼ 61.4% |
| Other tangible fixed assets26 | €11,500 | €29,500 | €29,500 | €11,500 | ▼ 61.0% |
| Current assets29/58 | €24,373 | €809,037 | €30,207 | €32,242 | ▲ 6.7% |
| Amounts receivable within one year40/41 | €24,371 | €808,659 | €4,548 | €32,242 | ▲ 609% |
| Trade receivables40 | €4,968 | €5,796 | €4,548 | €32,242 | ▲ 609% |
| Other amounts receivable41 | €19,403 | €802,863 | - | - | - |
| Cash at bank and in hand54/58 | €3 | €1 | €25,653 | - | - |
| Deferred charges and accrued income490/1 | - | €377 | €6 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €936,761 | €1.1m | €197,318 | €141,506 | ▼ 28.3% |
| Equity10/15 | -€175,864 | -€104,872 | -€252,480 | -€288,951 | ▼ 14.4% |
| Contributions10/11 | €23,600 | €23,600 | €23,600 | €23,600 | = |
| Reserves13 | €248 | €248 | €248 | €248 | = |
| Non-distributable reserves130/1 | €248 | €248 | €248 | €248 | = |
| Reserves not available under the articles1311 | €248 | €248 | €248 | €248 | = |
| Profit (loss) carried forward14 | -€199,712 | -€128,720 | -€276,327 | -€312,799 | ▼ 13.2% |
| Provisions and deferred taxes16 | €95,333 | €95,333 | €95,333 | €95,333 | = |
| Provisions for liabilities and charges160/5 | €95,333 | €95,333 | €95,333 | €95,333 | = |
| Pensions and similar obligations160 | €95,333 | €95,333 | €95,333 | €95,333 | = |
| Amounts payable17/49 | €1.0m | €1.1m | €354,465 | €335,124 | ▼ 5.5% |
| Amounts payable after more than one year17 | €918,009 | €997,834 | €175,572 | €205,429 | ▲ 17.0% |
| Financial debts170/4 | €918,009 | €997,834 | €175,572 | €205,429 | ▲ 17.0% |
| Amounts payable within one year42/48 | €99,283 | €139,254 | €167,864 | €129,695 | ▼ 22.7% |
| Current portion of amounts payable after more than one year42 | €41,442 | €77,364 | €82,459 | €38,762 | ▼ 53.0% |
| Financial debts43 | €56 | €1,582 | - | €17,846 | - |
| Credit institutions430/8 | €56 | €1,582 | - | €17,846 | - |
| Trade debts44 | €18,232 | €27,413 | €43,876 | €27,482 | ▼ 37.4% |
| Suppliers440/4 | €18,232 | €27,413 | €43,876 | €27,482 | ▼ 37.4% |
| Advances received on contracts in progress46 | - | €10,250 | €10,250 | €10,250 | = |
| Taxes, remuneration and social security45 | - | €913 | €14,223 | €12,083 | ▼ 15.0% |
| Taxes450/3 | - | €913 | €14,223 | €12,083 | ▼ 15.0% |
| Other amounts payable47/48 | €39,552 | €21,731 | €17,056 | €23,271 | ▲ 36.4% |
| Accrued charges and deferred income492/3 | - | - | €11,029 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€91,676 | €70,992 | -€147,607 | -€36,472 | ▲ 75.3% |
| + Depreciation and write-downs630 | €137,502 | €32,780 | €25,183 | €19,646 | ▼ 22.0% |
| Operating cash flow (approximation) | €45,826 | €103,772 | -€122,424 | -€16,826 | ▲ 86.3% |
| Investment in fixed assets (approximation) | - | €561,097 | €126,218 | €38,201 | ▼ 69.7% |
| Change in cash | - | -€2 | €25,653 | - | - |
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
13-06
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 22-05-2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 238 days late
2023
31-12
Financial
Weakest financial yearnet -€147,607
Net result drops to -€147,607, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €70,992
Net result €70,992 after one loss-making year.
31-12
Financial
Liquidity times 24current ratio 5.81
Current ratio from 0.25 to 5.81.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Huldenberg · 1 establishment unit since 2020
Ground area
887 m²
Building footprint
192 m²
Volume, LiDAR
1,250 m³
Parcel 24045B0278/00K002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
"D23"
since 20202.307.335.436
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045B0278/00K002 | Flanders | 887 m² | 1 · 192 m² | 7.4 m · 2 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 | EDWIN BELLIS ST-MAARTENSTRAAT 61, 3000 LEUVEN- |
22-05-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
62200Computer consultancy and computer facilities management
63920Other information service activities
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.