Devan
Open bankruptcyAre 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
- Rechtbank van koophandel te Oudenaarde
- Declared bankrupt
- 8 October 2009
- Supervising judge
- rechter in handelszaken Vanden Daele, Jo
- Official Gazette
- 16-10-2009 (pdf) ↗search the document for 2009/037738
Deadlines
- Provisional date payments stopped
- 8 October 2009A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 31 October 2009Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- First verification report
- passed on 1 December 2009Reclaim 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 8 October 2010A 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
- Mr. BlockeelLuc, advocaat te 9700 Oudenaarde, Deinzestraat 1, en Mr. Redant, Filip, advocaat te 9700 Oudenaarde, Einestraat 34
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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 trustee'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 ↗
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
Other building finishing work
NACE 43350
1 site
Size
€559,029total assets 2008
- Staff
- 10 FTE
- Equity
- €47,284
- Profit
- €453
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence
Signals
Two signals.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2008 was due by 31-01-2009 and was filed on 15-02-2009, 15 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2008
15 days late
2007
46 days late
2006
on the day
2005
32 days early
2004
39 days early
2003
9 days early
2002
38 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- OpeningRechtbank van koophandel te Oudenaarde…
- Annual accounts filedfinancial year 2008 · abbreviated…
- Back to profitnet €453
Financials · financial year 2008, abbreviated format
Equity
€47,284▲ 1.0%
2007 · €46,831
Total assets
€559,029▲ 22.9%
2007 · €454,708
Net result
€453
2007 · -€5,289
Working capital
€8,887▼ 88.2%
2007 · €75,324
Trend over the years
2007 to 2008, 2 financial years 2007 to 2008, 2 financial years
The operating result falls in 2008; 2008 is 40% below 2007.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€27,170
2008
Net result€453
2008
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€559,029
2008
Equity€47,284
2008
Debt€511,745
2008
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8,887
2008
Average staff in full-time equivalents (FTE).
Staff (FTE)10
2008
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008
Operating result€45,640-€27,170▼ 40.5%
Net result-€5,289-€453
Equity€46,831-€47,284▲ 1.0%
Total assets€454,708-€559,029▲ 22.9%
Debt€407,877-€511,745▲ 25.5%
Working capital€75,324-€8,887▼ 88.2%
Staff (FTE)8.6-10▲ 16.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €559,029
Fixed assets
€128,853 ▲ 6.1%
Current assets
€430,176 ▲ 29.1%
Equity and liabilities €559,029
Equity
€47,284 ▲ 1.0%
Debt
€511,745 ▲ 25.5%
Debt's share of the balance-sheet total rises from 89.7% to 91.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,646▼
2007 · €81,029
Cash flow
€43,929▲
2007 · €30,101
Current ratio
1.02▼
2007 · 1.29
Quick ratio
0.97▼
2007 · 1.21
Debt to equity
1.87▼
2007 · 2.28
ROE
1.0%▲
2007 · -11.3%
ROA
0.1%▲
2007 · -1.2%
Debt ≤ 1 year
€421,289▲
2007 · €257,995
Debt > 1 year
€88,606▼
2007 · €106,818
Income taxes
€11,110▼
2007 · €28,859
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,389 | €43,476 | ▲ 22.9% |
| Gross operating margin9900 | €361,708 | €430,943 | ▲ 19.1% |
| Operating profit (loss)9901 | €45,640 | €27,170 | ▼ 40.5% |
| Recurring financial income75 | €850 | €7,663 | ▲ 801% |
| Recurring financial charges65 | €10,076 | €52,151 | ▲ 418% |
| Profit (loss) for the period before taxes9903 | €23,571 | €11,562 | ▼ 50.9% |
| Income taxes67/77 | €28,859 | €11,110 | ▼ 61.5% |
| Profit (loss) for the period9904 | -€5,289 | €453 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | -€5,289 | €453 | ▲ 109% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €454,708 | €559,029 | ▲ 22.9% |
| Fixed assets21/28 | €121,389 | €128,853 | ▲ 6.1% |
| Intangible fixed assets21 | €19,781 | €14,498 | ▼ 26.7% |
| Tangible fixed assets22/27 | €89,488 | €99,445 | ▲ 11.1% |
| Financial fixed assets28 | €12,120 | €14,910 | ▲ 23.0% |
| Current assets29/58 | €333,319 | €430,176 | ▲ 29.1% |
| Stocks and contracts in progress3 | €21,750 | €21,750 | = |
| Amounts receivable within one year40/41 | €264,454 | €395,516 | ▲ 49.6% |
| Cash at bank and in hand54/58 | €47,115 | €5,645 | ▼ 88.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €454,708 | €559,029 | ▲ 22.9% |
| Equity10/15 | €46,831 | €47,284 | ▲ 1.0% |
| Contributions10/11 | €18,592 | €18,600 | = |
| Reserves13 | - | €23 | - |
| Profit (loss) carried forward14 | €28,239 | €28,661 | ▲ 1.5% |
| Amounts payable17/49 | €407,877 | €511,745 | ▲ 25.5% |
| Amounts payable after more than one year17 | €106,818 | €88,606 | ▼ 17.0% |
| Amounts payable within one year42/48 | €257,995 | €421,289 | ▲ 63.3% |
| Trade debts44 | €142,175 | €85,849 | ▼ 39.6% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€5,289 | €453 | ▲ 109% |
| + Depreciation and write-downs630 | €35,389 | €43,476 | ▲ 22.9% |
| Operating cash flow (approximation) | €30,101 | €43,929 | ▲ 45.9% |
| Investment in fixed assets (approximation) | - | -€50,940 | - |
| Change in cash | - | -€41,469 | - |
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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Of the 7,358 companies in this sector, figures are known for 2,416. 2,037 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: not fully processed yet. The notices from February 2019 to September 2026 are still being read.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr. Blockeel Luc, advocaat te 9700 Oudenaarde, Deinzestraat 1, en Mr. Redant, Filip, advocaat te 9700 Oudenaarde, Einestraat 34 |
08-10-2009 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2009
16-10
Bankruptcy
Opening
Rechtbank van koophandel te Oudenaarde · judgment of 08-10-2009
15-02
NBB filing
Annual accounts filed
financial year 2008 · abbreviated format · 15 days late
2008
30-06
Financial
Back to profitnet €453
Net result €453 after one loss-making year.
17-03
NBB filing
Annual accounts filed
financial year 2007 · abbreviated format · 46 days late
2007
31-01
NBB filing
Annual accounts filed
financial year 2006 · abbreviated format
2005
30-12
NBB filing
Annual accounts filed
financial year 2005 · abbreviated format
2004
23-12
NBB filing
Annual accounts filed
financial year 2004 · abbreviated format
22-01
NBB filing
Annual accounts filed
financial year 2003 · abbreviated format
2002
24-12
NBB filing
Annual accounts filed
financial year 2002 · abbreviated format
2001
24-12
NBB filing
Annual accounts filed
financial year 2001 · abbreviated format
02-02
NBB filing
Annual accounts filed
financial year 2000 · abbreviated format · 2 days late
2000
03-02
NBB filing
Annual accounts filed
financial year 1999 · abbreviated format · 3 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official 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
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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-1993
Financial year end30-06
Activities, NACEBEL 2025
43350Other building finishing work
81220Other building cleaning and industrial cleaning
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 10 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2002
Ground area
3,689 m²
Building footprint
357 m²
Building volume
3,357 m³
2 parcels, Flanders · tallest building 16.3 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FLANDERS CLEANING
since 2002unit no. 2.061.871.491
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34013A1208/00H002 | Flanders | 3,410 m² | 1 · 237 m² | 16.3 m · 4 |
| 45002A0683/00F002 | Flanders | 279 m² | 1 · 120 m² | 9.2 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.