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ENERGY2BUSINESS

Open bankruptcy
Public limited companyfounded 2015KBO/BCE: BE 0631.747.340

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for ENERGY2BUSINESS according to publications in the Belgian Official Gazette. The trustee is Jean Baivier.

Summary

The file additionally contains 1 judicial reorganisation. The 2019 annual accounts show negative equity (-€1.9m) and a net result of -€817,077.

ENERGY2BUSINESSOpen bankruptcy

Information for creditors

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 Liège, Liège division
Declared bankrupt
13 September 2021
Supervising judge
Alexis Palm, Christian De Maeseneire
Official Gazette
20-09-2021 (pdf) ↗search the document for 2021/131360

Deadlines

Appeal or third-party opposition until
passed on 5 October 2021That is fifteen 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 13 October 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 28 October 2021Reclaim 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 13 September 2022A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

  • Jean BaivierRue Des Martyrs, 38, 4800 Verviersj.baivier@avocat.be

Next steps

  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.

A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy and you are notified as soon as it is closed or reversed.

This is 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

Official details

KBO
Status
Active since 03-06-2015 Open bankruptcy
Legal form
Public limited company
Activity
General electrical installation work NACE 43211and 4 others
Establishment unit
2.242.717.105 since 18-06-2015
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

Open bankruptcy: no score
Annual accounts 2019
Gross margin
€347,879
Turnover
≈ €780,000
estimated
Loss
€817,077
▼ 45.6%
Equity
-€1.9m
▼ 73.8%
Total assets
€3.4m
▼ 3.0%
Staff
5.5 FTE
▼ 35.3%
Filed on 22-09-2020PDF
Signalsraises riskOpen bankruptcy2019 accounts filed 53 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 · 2019 accounts filed 53 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-09-2020, 53 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 · 4 filings
Deviation from the deadline
2019
53 days late
2018
75 days late
2017
19 days early
2016
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 21 days after the deadline. In the sector (NACE 43), the median for financial year 2019 was 3 days after the deadline, and 50% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2019from -€1.1m to -€1.9m ▼ 73.8% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ENERGY2BUSINESS

What is the company number of ENERGY2BUSINESS?
The company number of ENERGY2BUSINESS is 0631.747.340. The VAT number is the same number with BE in front: BE 0631.747.340.
What does ENERGY2BUSINESS do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ENERGY2BUSINESS?
The legal form of ENERGY2BUSINESS is Public limited company (NV).
When was ENERGY2BUSINESS founded?
ENERGY2BUSINESS was founded on 03-06-2015.
Is ENERGY2BUSINESS still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
How many employees did ENERGY2BUSINESS have?
ENERGY2BUSINESS had an average of 5.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of ENERGY2BUSINESS?
The turnover in financial year 2019 is ≈ €780,000. This figure is estimated from the gross margin of €347,879 and 34 comparable companies (NACE 43211). It probably lies between €680,000 and €960,000. In financial year 2018 turnover was €13.4m.
Is ENERGY2BUSINESS profitable?
In financial year 2019, ENERGY2BUSINESS made a loss of €817,077.
Where can I find the annual accounts of ENERGY2BUSINESS?
ENERGY2BUSINESS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2019.Annual accounts 2019 (PDF)

Companies linked to ENERGY2BUSINESS

Comparable companies

These companies have the same main activity as ENERGY2BUSINESS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.8m and €5.1m, founded between 2010 and 2017.

CompanyTotal assetsGross margin
ENERGY2BUSINESS€3.4m€0.3m
Solar-Tec Ieper€4.3m€0.5m
Electro Vanackere Moorslede€2.8m€0.5m
HYMAXX Deinze€3.4m€0.5m
VAN HERZELE KEVIN Duffel€5.1m€0.3m
SUN AIR ENERGY Hannut€1.8m€0.4m
CBL SOLUTIONS Hasselt€2.1m€0.6m
Full comparison

Next steps

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