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DEV Motors

Open bankruptcy
Private limited companyfounded 2012Laagweg 130, 8940 Wervik, BelgiumKBO/BCE: BE 0846.128.228

A bankruptcy procedure is open for DEV Motors according to publications in the Belgian Official Gazette; trustee: Peter Sustronck.

Summary

The 2023 annual accounts show equity of €42,292 and a net result of €9,086, of which €7,000 non-recurring income.

DEV MotorsOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
4 March 2025
Supervising judge
Peter Herpels
Official Gazette
12-03-2025 (pdf) ↗search the document for 2025/110484

Deadlines

Provisional date payments stopped
4 March 2025A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 27 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 3 April 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 22 April 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 4 March 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Peter SustronckBurgemeester Nolfstraat 10, 8500 Kortrijkpeter.sustronck@sustronck.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€414,696total assets 2023
Equity
€42,292
Profit
€9,086
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
2 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2023 accounts filed 30 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2023 accounts filed 30 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2023
30 days late
2022
16 days late
2021
30 days late
2020
12 days late
2019
7 days early
2018
34 days early
2017
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 68) for financial year 2023 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Kortrijk…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2018 to 2023net €9,086 ▲101%

Key points

  • Risk: Declared bankrupttrustee: Peter Sustronck 04-03-2025 View
  • Total assets 20236 financial years filed €414,696 View

By topic

Financials

Financial year
2023
Total assets
€414,696
Profit
€9,086
Solvency
10.2%
Total assets▼ 14.3%
Net result
20182023
Go to Financials

Timeline

Events
16
Since
2014
  1. 16-08-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
24-05-2012
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about DEV Motors

What is the company number of DEV Motors?
0846.128.228. In Belgium the VAT number is the company number with BE in front: BE 0846.128.228.
Where was DEV Motors based?
The last known address of the registered office is Laagweg 130, 8940 Wervik.Company details
What does DEV Motors do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of DEV Motors?
Private limited company (BV).
When was DEV Motors founded?
On 24-05-2012.
Is DEV Motors still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
What is the turnover of DEV Motors?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is DEV Motors profitable?
In financial year 2023, DEV Motors made a profit of €9,086.
Where can I find the annual accounts of DEV Motors?
DEV Motors filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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