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DVD PUBLISHING

Open bankruptcy
Private limited companyfounded 2011Zwijnaardsesteenweg 511, 9000 Gent, BelgiumKBO/BCE: BE 0841.523.302

A bankruptcy procedure is open for DVD PUBLISHING according to publications in the Belgian State Gazette; curator: PIETER HUYGHE.

Summary

The 2022 annual accounts show negative equity (-€129,692) and a net result of €145,600.

DVD PUBLISHINGOpen bankruptcy

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, Ghent division
Declared bankrupt
26 March 2024
Supervising judge
Peter Van den Bossche
Official Gazette
02-04-2024 (pdf) ↗search the document for 2024/113437

Deadlines

Provisional date payments stopped
25 March 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 17 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 April 2024art. XX.104 and XX.155 CEL
First verification report
passed on 30 April 2024Goods 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 26 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pieter HuygheSavaanstraat 72, 9000 Gentpieterhuyghe@kantoortorrekens.be

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.

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

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawal

History

On 5 December 2011, DVD PUBLISHING was incorporated.1 Revenue went from EUR 250,166 in 2018 to EUR 136,159 in 2022 and headcount from 1 full-time equivalents in 2018 to 1 in 2021.2 The company was declared bankrupt on 26 March 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2022
  3. 3Belgian State Gazette, 02-04-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Turnover
€136,159▼ 15.7%
2021 · €161,580
EBIT margin
0.0%▲ 20.5pp
2021 · -20.5%
Net result
€145,600
2021 · -€33,130
Working capital
€236,084
2021 · -€281,024
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Turnover€250,166-€286,734▲ 14.6%€177,084▼ 38.2%€161,580▼ 8.8%€136,159▼ 15.7%
Operating result-€58,401-€3,799€2,952▼ 22.3%-€33,130-€42▲ 99.9%
Net result-€58,401-€5,718€2,952within the sector's middle half▼ 48.4%-€33,130below the sector's middle half€145,600above the sector's middle half
EBIT margin-23.3%-1.3%▲ 24.7pp1.7%▲ 0.3pp-20.5%▼ 22.2pp0.0%▲ 20.5pp
Equity-€275,503--€247,042▲ 10.3%-€249,808below the sector's middle half▼ 1.1%-€280,172below the sector's middle half▼ 12.2%-€129,692below the sector's middle half▲ 53.7%
Total assets€194,655-€185,677▼ 4.6%€133,496within the sector's middle half▼ 28.1%€178,727within the sector's middle half▲ 33.9%€281,605within the sector's middle half▲ 57.6%
Debt€470,158-€432,719▼ 8.0%€383,304▼ 11.4%€458,899▲ 19.7%€411,297▼ 10.4%
Working capital-€292,235--€255,514▲ 12.6%-€254,471below the sector's middle half▲ 0.4%-€281,024below the sector's middle half▼ 10.4%€236,084above the sector's middle half
Solvency-141.5%--133.0%▲ 8.5pp-187.1%below the sector's middle half▼ 54.1pp-156.8%below the sector's middle half▲ 30.4pp-46.1%below the sector's middle half▲ 110.7pp
Current ratio0.38-0.41▲ 0.030.34below the sector's middle half▼ 0.070.39below the sector's middle half▲ 0.056.19above the sector's middle half▲ 5.80
Return on assets (ROA)-30.0%-3.1%▲ 33.1pp2.2%within the sector's middle half▼ 0.9pp-18.5%below the sector's middle half▼ 20.7pp51.7%above the sector's middle half▲ 70.2pp
Staff (FTE)1-1=1within the sector's middle half=1=
above within below the middle half (P25 to P75) of NACE 18, Printing and reproduction of recorded media, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000Operating result 2018: -€58,401-€58,401Net result 2018: -€58,401-€58,401Operating result 2019: €3,799€3,799Net result 2019: €5,718€5,718Operating result 2020: €2,952€2,952Net result 2020: €2,952€2,952Operating result 2021: -€33,130-€33,130Net result 2021: -€33,130-€33,130Operating result 2022: -€42-€42Net result 2022: €145,600€145,60020182019202020212022-€50,000€0€50,000€100,000€150,000Operating result 2020: €2,952€2,950Net result 2020: €2,952€2,950Operating result 2021: -€33,130-€33,100Net result 2021: -€33,130-€33,100Operating result 2022: -€42-€42Net result 2022: €145,600€146,000202020212022
The operating result stays negative: a loss of €42 in 2022 against €33,130 in 2021; the loss shrinks.
Key figures and ratios
2022 value · change against 2021
EBITDA
€810▲
2021 · -€29,319
Cash flow
€146,452▲
2021 · -€29,319
Interest coverage
0.03
Debt ≤ 1 year
€45,521▼
2021 · €458,899
Debt > 1 year
€365,776
Staff costs
€84,279▼
2021 · €110,900
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 2022 against 2021 · 46 lines
Balance sheet Code20212022
Assets
Total assets20/58€178,727€281,605▲
Fixed assets21/28€852€0▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€852€0▼
Other tangible fixed assets26€852-
Current assets29/58€177,875€281,605▲
Amounts receivable within one year40/41€162,686€254,219▲
Trade receivables40€45,219€11,109▼
Other amounts receivable41€117,467€243,110▲
Cash at bank and in hand54/58€15,189€27,386▲
Equity and liabilities
Total equity and liabilities10/49€178,727€281,605▲
Equity10/15-€280,172-€129,692▲
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€33,130-€142,092▼
Advance to shareholders on the distribution of net assets19€259,442-
Amounts payable17/49€458,899€411,297▼
Amounts payable after more than one year17-€365,776
Financial debts170/4-€365,776
Amounts payable within one year42/48€458,899€45,521▼
Financial debts43€360,058-
Other loans439€360,058-
Trade debts44€16,995€7,315▼
Suppliers440/4€16,995€7,315▼
Taxes, remuneration and social security45-€1,569
Taxes450/3-€1,569
Other amounts payable47/48€81,846€36,637▼
Income statement Code20212022
Turnover70€161,580€136,159▼
Goods, raw materials, services and sundry goods60/61€51,692€41,320▼
Remuneration, social security and pensions62€110,900€84,279▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,811€852▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3,671
Other operating charges640/8€28,307€6,090▼
Non-recurring operating charges66A-€0
Gross operating margin9900€109,888€94,850▼
Operating profit (loss)9901-€33,130-€42▲
Financial income75/76B-€175,000
Recurring financial income75-€175,000
Non-recurring financial income76B-€175,000
Financial charges65/66B-€29,358
Recurring financial charges65-€29,358
Non-recurring financial charges66B-€29,358
Profit (loss) for the period before taxes9903-€33,130€145,600▲
Profit (loss) for the period9904-€33,130€145,600▲
Profit (loss) for the period to be appropriated9905-€33,130€145,600▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,130-€142,092▼
Profit (loss) brought forward from the previous period14P--€287,692

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Turnover70€250,166€286,734€177,084€161,580€136,159▼ 15.7%
Goods, raw materials, services and sundry goods60/61--€47,290€51,692€41,320▼ 20.1%
Remuneration, social security and pensions62--€79,261€110,900€84,279▼ 24.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,611€7,347€3,809€3,811€852▼ 77.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€3,671-
Other operating charges640/8--€43,772€28,307€6,090▼ 78.5%
Non-recurring operating charges66A----€0-
Gross operating margin9900€23,322€131,391€129,794€109,888€94,850▼ 13.7%
Operating profit (loss)9901-€58,401€3,799€2,952-€33,130-€42▲ 99.9%
Financial income75/76B----€175,000-
Recurring financial income75-€1,919--€175,000-
Non-recurring financial income76B----€175,000-
Financial charges65/66B----€29,358-
Recurring financial charges65----€29,358-
Non-recurring financial charges66B----€29,358-
Profit (loss) for the period before taxes9903-€58,401€5,718€2,952-€33,130€145,600▲ 539%
Profit (loss) for the period9904-€58,401€5,718€2,952-€33,130€145,600▲ 539%
Profit (loss) for the period to be appropriated9905-€58,401€5,718€2,952-€33,130€145,600▲ 539%
Line20182019202020212022Change
Assets
Total assets20/58€194,655€185,677€133,496€178,727€281,605▲ 57.6%
Fixed assets21/28€16,732€8,472€4,663€852€0▼ 100%
Intangible fixed assets21€8,031€2,570€1,282€0--
Tangible fixed assets22/27€8,416€5,902€3,381€852€0▼ 100%
Other tangible fixed assets26--€3,381€852--
Financial fixed assets28€285€0----
Current assets29/58€177,923€177,205€128,833€177,875€281,605▲ 58.3%
Amounts receivable within one year40/41€163,026€159,791€120,696€162,686€254,219▲ 56.3%
Trade receivables40--€48,386€45,219€11,109▼ 75.4%
Other amounts receivable41--€72,310€117,467€243,110▲ 107%
Cash at bank and in hand54/58€14,897€17,414€8,137€15,189€27,386▲ 80.3%
Equity and liabilities
Total equity and liabilities10/49€194,655€185,677€133,496€178,727€281,605▲ 57.6%
Equity10/15-€275,503-€247,042-€249,808-€280,172-€129,692▲ 53.7%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14-€58,401€5,718€2,952-€33,130-€142,092▼ 329%
Advance to shareholders on the distribution of net assets19--€265,160€259,442--
Amounts payable17/49€470,158€432,719€383,304€458,899€411,297▼ 10.4%
Amounts payable after more than one year17----€365,776-
Financial debts170/4----€365,776-
Amounts payable within one year42/48€470,158€432,719€383,304€458,899€45,521▼ 90.1%
Financial debts43--€365,775€360,058--
Other loans439--€365,775€360,058--
Trade debts44€17,549€5,667€13,884€16,995€7,315▼ 57.0%
Suppliers440/4--€13,884€16,995€7,315▼ 57.0%
Taxes, remuneration and social security45----€1,569-
Taxes450/3----€1,569-
Other amounts payable47/48--€3,645€81,846€36,637▼ 55.2%
Line20182019202020212022Change
Profit (loss) for the period9904-€58,401€5,718€2,952-€33,130€145,600▲ 539%
+ Depreciation and write-downs630€12,611€7,347€3,809€3,811€852▼ 77.6%
Operating cash flow (approximation)-€45,790€13,065€6,761-€29,319€146,452▲ 600%
Investment in fixed assets (approximation)-€913€0€0€0-
Change in cash-€2,517-€9,277€7,052€12,197▲ 73.0%

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

2024
02-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 26-03-2024
2023
05-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 127 days late
30-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 242 days late
30-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 607 days late
2022
31-12
Financial Back to profitnet €145,600
Net result €145,600 after one loss-making year.
31-12
Financial Liquidity times 16current ratio 6.19
Current ratio from 0.39 to 6.19; short-term debt falls from €458,899 to €45,521.
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
16-03
KBO administration Strikeout withdrawal
event 20-02-2020
20-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 204 days late
20-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 569 days late
20-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 934 days late
18-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 1297 days late
Show earlier events
18-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 1663 days late
18-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 2028 days late
2019
31-12
Financial Back to profitnet €5,718
Net result €5,718 after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
614 m²
Building footprint
507 m²
Volume, LiDAR
5,582 m³
Parcel 44808H0512/00M000, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
26 companies at this address See who is registered here
1 establishment unit
DVD Publishing
Zwijnaardsesteenweg 511, 9000 GentOther printing
since 20112.205.659.640
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0512/00M000 Flanders 614 m² 1 · 506 m² 16.6 m · 4 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 PIETER HUYGHE
Savaanstraat 72, 9000 Gent
26-03-2024 → present

Similar companies · same sector and region

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 1,596 companies in this sector we hold annual accounts for 810. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded05-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
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 1 October 2026 · Peppol Directory

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