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DEFRANTI

Open bankruptcy
Private limited company (pre-2019)founded 2005Wingensesteenweg 81, 8700 Tielt, BelgiumKBO/BCE: BE 0877.690.345

A bankruptcy procedure is open for DEFRANTI according to publications in the Belgian State Gazette; curator: SABRINA CLAESSENS.

Summary

The 2020 annual accounts show equity of €128,625 and a net result of -€41,685.

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 Ghent, Bruges division
Declared bankrupt
6 January 2022
Supervising judge
Jan Dauw
Official Gazette
11-01-2022 (pdf) ↗search the document for 2022/100525

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.

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

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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 · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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

DEFRANTI was incorporated on 5 December 2005.1 Total assets went from EUR 1.4 million in 2018 to EUR 1.4 million in 2020.2 On 6 January 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 11-01-2022

Go further with this company

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

Financials · fiscal year 2020, abbreviated schema

Equity
€128,625▼ 26.2%
2019 · €174,285
Total assets
€1.4m▼ 1.3%
2019 · €1.4m
Net result
-€41,685
2019 · €28,862
Working capital
-€476,082▼ 28.5%
2019 · -€370,495
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
Line201820192020
Operating result€12,982-€50,238▲ 287%-€39,698
Net result-€1,259-€28,862-€41,685
Equity€164,397-€174,285▲ 6.0%€128,625▼ 26.2%
Total assets€1.4m-€1.4m▼ 2.1%€1.4m▼ 1.3%
Debt€1.2m-€1.2m▼ 3.3%€1.2m▲ 7.1%
Working capital-€321,010--€370,495▼ 15.4%-€476,082▼ 28.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2018: €12,982€12,982Net result 2018: -€1,259-€1,259Operating result 2019: €50,238€50,238Net result 2019: €28,862€28,862Operating result 2020: -€39,698-€39,698Net result 2020: -€41,685-€41,685201820192020-€50,000-€25,000€0€25,000€50,000Operating result 2018: €12,982€13,000Net result 2018: -€1,259-€1,260Operating result 2019: €50,238€50,200Net result 2019: €28,862€28,900Operating result 2020: -€39,698-€39,700Net result 2020: -€41,685-€41,700201820192020
The operating result turns negative in 2020: a loss of €39,698 after €50,238 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.4m
Fixed assets €852,022 ▼ 8.6%
Current assets €518,112 ▲ 13.6%
Equity and liabilities €1.4m
Equity €128,625 ▼ 26.2%
Provisions €0 ▼ 100%
Debt €1.2m ▲ 7.1%
Debt's share of the balance-sheet total rises from 83.5% to 90.6%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€52,166▼
2019 · €141,669
Cash flow
€50,179▼
2019 · €120,293
Current ratio
0.52▼
2019 · 0.55
Quick ratio
0.12▼
2019 · 0.18
Debt to equity
1.91▲
2019 · 1.90
ROE
-32.4%▼
2019 · 16.6%
ROA
-3.0%▼
2019 · 2.1%
Debt ≤ 1 year
€994,195▲
2019 · €826,399
Debt > 1 year
€245,670▼
2019 · €330,728
Income taxes
€523▼
2019 · €4,375
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 · 2020 against 2019 · 28 lines
Balance sheet Code20192020
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€932,628€852,022▼
Intangible fixed assets21€220,347€220,347=
Tangible fixed assets22/27€701,171€630,565▼
Financial fixed assets28€11,111€1,111▼
Current assets29/58€455,904€518,112▲
Stocks and contracts in progress3€305,190€397,507▲
Amounts receivable within one year40/41€54,006€52,998▼
Cash at bank and in hand54/58€61,398€61,569▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€174,285€128,625▼
Contributions10/11€100,000-
Reserves13€40,243€5,783▼
Profit (loss) carried forward14€7,225€0▼
Provisions and deferred taxes16€55,500€0▼
Amounts payable17/49€1.2m€1.2m▲
Amounts payable after more than one year17€330,728€245,670▼
Amounts payable within one year42/48€826,399€994,195▲
Trade debts44€429,143€431,040▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€91,430€91,864▲
Gross operating margin9900€150,367€5,484▼
Operating profit (loss)9901€50,238-€39,698▼
Recurring financial income75€5,386€5,181▼
Recurring financial charges65€22,387€14,833▼
Profit (loss) for the period before taxes9903€33,237-€41,163▼
Income taxes67/77€4,375€523▼
Profit (loss) for the period9904€28,862-€41,685▼
Profit (loss) for the period to be appropriated9905€28,862-€41,685▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87,886€91,430€91,864▲ 0.5%
Gross operating margin9900€105,832€150,367€5,484▼ 96.4%
Operating profit (loss)9901€12,982€50,238-€39,698▼ 179%
Recurring financial income75€5,976€5,386€5,181▼ 3.8%
Recurring financial charges65€19,460€22,387€14,833▼ 33.7%
Profit (loss) for the period before taxes9903-€501€33,237-€41,163▼ 224%
Income taxes67/77€758€4,375€523▼ 88.1%
Profit (loss) for the period9904-€1,259€28,862-€41,685▼ 244%
Profit (loss) for the period to be appropriated9905-€1,259€28,862-€41,685▼ 244%
Line201820192020Change
Assets
Total assets20/58€1.4m€1.4m€1.4m▼ 1.3%
Fixed assets21/28€989,750€932,628€852,022▼ 8.6%
Intangible fixed assets21€220,347€220,347€220,347=
Tangible fixed assets22/27€758,292€701,171€630,565▼ 10.1%
Financial fixed assets28€11,111€11,111€1,111▼ 90.0%
Current assets29/58€428,711€455,904€518,112▲ 13.6%
Stocks and contracts in progress3€291,713€305,190€397,507▲ 30.2%
Amounts receivable within one year40/41€80,432€54,006€52,998▼ 1.9%
Cash at bank and in hand54/58€22,061€61,398€61,569▲ 0.3%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m€1.4m▼ 1.3%
Equity10/15€164,397€174,285€128,625▼ 26.2%
Contributions10/11€100,000€100,000--
Reserves13€5,243€40,243€5,783▼ 85.6%
Profit (loss) carried forward14€28,362€7,225€0▼ 100%
Provisions and deferred taxes16€55,500€55,500€0▼ 100%
Amounts payable17/49€1.2m€1.2m€1.2m▲ 7.1%
Amounts payable after more than one year17€448,744€330,728€245,670▼ 25.7%
Amounts payable within one year42/48€749,721€826,399€994,195▲ 20.3%
Trade debts44€378,322€429,143€431,040▲ 0.4%
Line201820192020Change
Profit (loss) for the period9904-€1,259€28,862-€41,685▼ 244%
+ Depreciation and write-downs630€87,886€91,430€91,864▲ 0.5%
Operating cash flow (approximation)€86,627€120,293€50,179▼ 58.3%
Investment in fixed assets (approximation)--€34,309-€11,258▲ 67.2%
Change in cash-€39,337€171▼ 99.6%

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

2022
11-01
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 06-01-2022
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Weakest financial yearnet -€41,685
Net result drops to -€41,685, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Back to profitnet €28,862
Net result €28,862 after one loss-making year.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
11-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
04-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
05-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
2,462 m²
Building footprint
251 m²
Volume, LiDAR
1,367 m³
Parcel 37015B0420/00K000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Defranti
Wingensesteenweg 81, 8700 TieltNACE 01231
since 20052.150.279.964
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37015B0420/00K000 Flanders 2,462 m² 1 · 250 m² 6.7 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 SABRINA CLAESSENS
TULPENSTRAAT 9, 8370 BLAN- KENBERGE
06-01-2022 → present

Similar companies · same sector, comparable size

Of 20,585 companies in sector 01500 we hold annual accounts for 1,149. 887 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)
Founded05-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01462Crop and animal production, hunting and related service activities
01461Pig breeding farms
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 26 September 2026 · Peppol Directory

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