DIMENSION 40
Open bankruptcyA bankruptcy procedure is open for DIMENSION 40 according to publications in the Belgian State Gazette; curator: JACQUES PIRON.
Summary
The 2021 annual accounts show equity of €70,685 and a net result of €637.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 9 October 2023
- Supervising judge
- Laurent Nys
- Official Gazette
- 18-10-2023 (pdf) ↗search the document for 2023/138837
Deadlines
- Appeal or third-party opposition until
- passed on 2 November 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 November 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 15 November 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 October 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jacques PironAvenue De La Toison D’Or 77, 1060 Saint-Gillesj.piron@apmlaw.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-09-2022, 44 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
44 d late
2020
30 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 55 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 Are there other customers at risk in your own list?List enrichment How is the Property management for co-owned buildings (syndics) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€70,685▲ 0.9%
2020 · €70,048
Total assets
€418,310▼ 10.7%
2020 · €468,652
Net result
€637▼ 47.5%
2020 · €1,214
Working capital
-€71,139▼ 10.5%
2020 · -€64,358
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€11,981-€2,774▼ 76.8%€2,944▲ 6.1%€2,759▼ 6.3%
Net result€1,078-€816▼ 24.3%€1,214within the sector's middle half▲ 48.7%€637within the sector's middle half▼ 47.5%
Equity€68,018-€68,834▲ 1.2%€70,048within the sector's middle half▲ 1.8%€70,685within the sector's middle half▲ 0.9%
Total assets€387,664-€518,581▲ 33.8%€468,652within the sector's middle half▼ 9.6%€418,310within the sector's middle half▼ 10.7%
Debt€319,647-€449,747▲ 40.7%€398,604▼ 11.4%€347,625▼ 12.8%
Working capital-€70,293--€155,902▼ 122%-€64,358within the sector's middle half▲ 58.7%-€71,139below the sector's middle half▼ 10.5%
Solvency17.5%-13.3%▼ 4.3pp14.9%within the sector's middle half▲ 1.7pp16.9%within the sector's middle half▲ 2.0pp
Current ratio0.65-0.53▼ 0.120.76within the sector's middle half▲ 0.230.69within the sector's middle half▼ 0.07
Return on assets (ROA)0.3%-0.2%▼ 0.1pp0.3%within the sector's middle half▲ 0.1pp0.2%within the sector's middle half▼ 0.1pp
Staff (FTE)1-
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 6% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €418,310
Fixed assets
€261,823 ▼ 0.3%
Current assets
€156,486 ▼ 24.0%
Equity and liabilities €418,310
Equity
€70,685 ▲ 0.9%
Debt
€347,625 ▼ 12.8%
Debt's share of the balance-sheet total falls from 85.1% to 83.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3,569▼
2020 · €3,754
Cash flow
€1,447▼
2020 · €2,024
Debt to equity
4.92▲
2020 · 1.71
ROE
0.9%▼
2020 · 1.7%
Interest coverage
2.01
Debt ≤ 1 year
€227,625▼
2020 · €270,377
Debt > 1 year
€120,000=
2020 · €120,000
Income taxes
€345
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €610 | €865 | €810 | €810 | = |
| Other operating charges640/8 | - | - | - | €292 | - |
| Gross operating margin9900 | €58,388 | €22,910 | €4,821 | €3,861 | ▼ 19.9% |
| Operating profit (loss)9901 | €11,981 | €2,774 | €2,944 | €2,759 | ▼ 6.3% |
| Financial income75/76B | - | - | - | €1 | - |
| Recurring financial income75 | - | €1 | - | €1 | - |
| Financial charges65/66B | - | - | - | €1,777 | - |
| Recurring financial charges65 | €10,903 | €1,534 | €1,730 | €1,777 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €1,078 | €1,241 | €1,214 | €982 | ▼ 19.1% |
| Income taxes67/77 | - | €425 | - | €345 | - |
| Profit (loss) for the period9904 | €1,078 | €816 | €1,214 | €637 | ▼ 47.5% |
| Profit (loss) for the period to be appropriated9905 | €1,078 | €816 | €1,214 | €637 | ▼ 47.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €387,664 | €518,581 | €468,652 | €418,310 | ▼ 10.7% |
| Fixed assets21/28 | €258,310 | €344,736 | €262,634 | €261,823 | ▼ 0.3% |
| Intangible fixed assets21 | €10,239 | €10,239 | €10,239 | €10,239 | = |
| Tangible fixed assets22/27 | €91,947 | €93,513 | €95,667 | €94,857 | ▼ 0.8% |
| Furniture and vehicles24 | - | - | - | €409 | - |
| Assets under construction and advance payments27 | - | - | - | €94,448 | - |
| Financial fixed assets28 | €156,124 | €240,984 | €156,728 | €156,728 | = |
| Current assets29/58 | €129,354 | €173,845 | €206,018 | €156,486 | ▼ 24.0% |
| Amounts receivable within one year40/41 | €121,003 | €163,709 | €201,616 | €150,637 | ▼ 25.3% |
| Trade receivables40 | - | - | - | €120,563 | - |
| Other amounts receivable41 | - | - | - | €30,074 | - |
| Cash at bank and in hand54/58 | €5,192 | €9,036 | €2,542 | €3,715 | ▲ 46.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,134 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €387,664 | €518,581 | €468,652 | €418,310 | ▼ 10.7% |
| Equity10/15 | €68,018 | €68,834 | €70,048 | €70,685 | ▲ 0.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | - |
| Reserves13 | €8,057 | €8,057 | €8,057 | €8,057 | = |
| Distributable reserves133 | - | - | - | €8,057 | - |
| Profit (loss) carried forward14 | €39,961 | €40,777 | €41,991 | €42,628 | ▲ 1.5% |
| Amounts payable17/49 | €319,647 | €449,747 | €398,604 | €347,625 | ▼ 12.8% |
| Amounts payable after more than one year17 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Financial debts170/4 | - | - | - | €120,000 | - |
| Amounts payable within one year42/48 | €199,647 | €329,747 | €270,377 | €227,625 | ▼ 15.8% |
| Trade debts44 | €39,649 | €49,995 | €76,405 | €76,012 | ▼ 0.5% |
| Suppliers440/4 | - | - | - | €76,012 | - |
| Taxes, remuneration and social security45 | - | - | - | €369 | - |
| Taxes450/3 | - | - | - | €369 | - |
| Other amounts payable47/48 | - | - | - | €151,245 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,078 | €816 | €1,214 | €637 | ▼ 47.5% |
| + Depreciation and write-downs630 | €610 | €865 | €810 | €810 | = |
| Operating cash flow (approximation) | €1,688 | €1,681 | €2,024 | €1,447 | ▼ 28.5% |
| Investment in fixed assets (approximation) | - | -€87,291 | €81,292 | €0 | ▼ 100% |
| Change in cash | - | €3,844 | -€6,494 | €1,173 | ▲ 118% |
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
2023
18-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 09-10-2023
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Weakest financial yearnet €637 ▼47.5%
Net result drops to €637, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €1,214 ▲48.7%
Net result €1,214, the highest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
26-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Ukkel · 1 establishment unit since 1989
Ground area
1,656 m²
Building footprint
1,060 m²
Volume, LiDAR
36,223 m³
2 parcels, Brussels · tallest building 45.4 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
LANCOME
since 19892.045.684.369
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0123/00P004 | Brussels | 977 m² | 1 · 890 m² | 45.4 m · 14 fl. |
| 21612C0179/00V000 | Brussels | 678 m² | 1 · 171 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 SAINT-GILLES |
09-10-2023 → present |
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 2
-
83.92%
-
30%
According to the 2021 annual accounts of DIMENSION 40 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 3,762 companies in sector 68321 we hold annual accounts for 1,394. 948 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)
Founded19-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.