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ENSORBEACH

Open bankruptcy
Private limited companyfounded 2017Hofstraat 25, 8400 Oostende, BelgiumKBO/BCE: BE 0674.518.697

A bankruptcy procedure is open for ENSORBEACH according to publications in the Belgian Official Gazette; trustee: Patrick Content.

Summary

The 2022 annual accounts show negative equity (-€47,941) and a net result of €2,110.

ENSORBEACHOpen 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, Bruges division
Declared bankrupt
6 November 2023
Supervising judge
Sam Sabbe
Official Gazette
10-11-2023 (pdf) ↗search the document for 2023/142832

Deadlines

Provisional date payments stopped
6 November 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 25 November 2023Fifteen 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 6 December 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 18 December 2023Reclaim 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 6 November 2024A 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

  • Patrick ContentJozef Ii - Straat 18, 8400 Oostendecontent@advocatenkantoorcontent.be

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  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, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

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 amusement and recreation activities
NACE 93299
2 sites
Size
€1.1mtotal assets 2022
Staff
12.3 FTE
Equity
-€47,941
Profit
€2,110
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
Parent
BERVANCO · 100%
0 of 3 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 27-04-2023, 3 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2022
3 days early
2021
80 days late
2020
9 days early
2019
on the day
2018
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 16 days after the deadline; the sector median (NACE 93) for financial year 2022 is on the deadline day, and 45% 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, Bruges…
  2. Annual accounts filedfinancial year 2022 · abbreviated…
  3. Back to profitnet €2,110

Financials · financial year 2022, abbreviated format

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€47,941▲ 4.2%
2021 · -€50,052
Total assets
€1.1m▲ 49.6%
2021 · €731,874
Net result
€2,110
2021 · -€60,169
Working capital
-€132,390
2021 · €289,648
Trend over the years

2019 to 2022, 4 financial years 2019 to 2022, 4 financial years

The operating result stays negative: a loss of €941 in 2022 against €61,739 in 2021; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.001m 2022 Net result€0.002m 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line2019202020212022
Operating result-€0.009m--€0.009m=-€0.06m▼ 605%-€0.001m▲ 98.5%
Net result-€0.009m--€0.009m=-€0.06mbelow the sector's middle half▼ 571%€0.002mwithin the sector's middle half
Equity€0.01m-€0.01m▼ 24.6%-€0.05mbelow the sector's middle half-€0.05mbelow the sector's middle half▲ 4.2%
Total assets€0.05m-€0.05m▲ 0.1%€0.7mwithin the sector's middle half▲ 1,236%€1.1mwithin the sector's middle half▲ 49.6%
Debt€0.04m-€0.04m=€0.8m▲ 1,646%€1.1m▲ 46.2%
Working capital-€0.03m--€0.02m▲ 15.8%€0.3mwithin the sector's middle half-€0.1mbelow the sector's middle half
Solvency24.5%-18.5%▼ 6.1pp-6.8%below the sector's middle half▼ 25.3pp-4.4%below the sector's middle half▲ 2.5pp
Current ratio0.40-0.50▲ 0.091.71within the sector's middle half▲ 1.210.85within the sector's middle half▼ 0.85
Return on assets (ROA)-16.4%--16.4%=-8.2%below the sector's middle half▲ 8.1pp0.2%within the sector's middle half▲ 8.4pp
Staff (FTE)1.6below the sector's middle half12.3above the sector's middle half▲ 669%
above within below the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.1m
Fixed assets €328,296 ▲ 910%
Current assets €766,595 ▲ 9.6%
Equity and liabilities
Equity-€47,941
Debt€1.1m
Equity is negative: debt (€1.1m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
2022 value · change against 2021
EBITDA
€104,124▲
2021 · -€57,271
Cash flow
€107,175▲
2021 · -€55,701
Quick ratio
0.83▼
2021 · 1.70
Interest coverage
8.28▲
2021 · -11.78
Debt ≤ 1 year
€898,985▲
2021 · €409,713
Debt > 1 year
€222,963▼
2021 · €365,327
Staff costs
€303,868▲
2021 · €63,414
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 · 48 lines
Balance sheet Code20212022
Assets
Total assets20/58€0.7m€1.1m▲
Fixed assets21/28€0.03m€0.3m▲
Tangible fixed assets22/27€0.03m€0.3m▲
Land and buildings22€0.02m€0.3m▲
Plant, machinery and equipment23-€0.001m
Furniture and vehicles24€0.008m€0.01m▲
Financial fixed assets28-€0.001m
Current assets29/58€0.7m€0.8m▲
Stocks and contracts in progress3€0.002m€0.02m▲
Stocks30/36€0.002m€0.02m▲
Amounts receivable within one year40/41€0.5m€0.6m▲
Trade receivables40€0.09m€0.3m▲
Other amounts receivable41€0.4m€0.3m▼
Cash at bank and in hand54/58€0.2m€0.1m▼
Deferred charges and accrued income490/1€0.006m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€0.7m€1.1m▲
Equity10/15-€0.05m-€0.05m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14-€0.07m-€0.07m▲
Amounts payable17/49€0.8m€1.1m▲
Amounts payable after more than one year17€0.4m€0.2m▼
Financial debts170/4€0.4m€0.2m▼
Amounts payable within one year42/48€0.4m€0.9m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.2m€0.6m▲
Suppliers440/4€0.2m€0.6m▲
Advances received on contracts in progress46€0.04m€0.1m▲
Taxes, remuneration and social security45€0.04m€0.04m▲
Taxes450/3€0.004m€0.01m▲
Remuneration and social security454/9€0.03m€0.03m▼
Other amounts payable47/48€0.05m€0▼
Accrued charges and deferred income492/3€0.007m€0.02m▲
Income statement Code20212022
Remuneration, social security and pensions62€0.06m€0.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.004m€0.1m▲
Other operating charges640/8€0.004m€0.02m▲
Non-recurring operating charges66A€0.02m€0▼
Gross operating margin9900€0.03m€0.4m▲
Operating profit (loss)9901-€0.06m-€0.001m▲
Financial income75/76B€0.006m€0.02m▲
Recurring financial income75€0.006m€0.02m▲
Financial charges65/66B€0.005m€0.01m▲
Recurring financial charges65€0.005m€0.01m▲
Profit (loss) for the period before taxes9903-€0.06m€0.002m▲
Profit (loss) for the period9904-€0.06m€0.002m▲
Profit (loss) for the period to be appropriated9905-€0.06m€0.002m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.07m-€0.07m▲
Profit (loss) brought forward from the previous period14P-€0.008m-€0.07m▼
Social balance sheet
Average headcount (FTE)90871.612.3▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62--€63,414€303,868▲ 379%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,459€5,610€4,468€105,064▲ 2,251%
Other operating charges640/8--€4,050€19,544▲ 383%
Non-recurring operating charges66A--€19,481€0▼ 100%
Gross operating margin9900€457€12,799€29,674€427,536▲ 1,341%
Operating profit (loss)9901-€8,761-€8,761-€61,739-€941▲ 98.5%
Financial income75/76B--€6,429€15,624▲ 143%
Recurring financial income75€9€2€6,429€15,624▲ 143%
Financial charges65/66B--€4,860€12,572▲ 159%
Recurring financial charges65€362€204€4,860€12,572▲ 159%
Profit (loss) for the period before taxes9903-€8,963-€8,963-€60,169€2,110-
Income taxes67/77€0€0---
Profit (loss) for the period9904-€8,963-€8,963-€60,169€2,110-
Profit (loss) for the period to be appropriated9905-€8,963-€8,963-€60,169€2,110-
Line2019202020212022Change
Assets
Total assets20/58€0.05m€0.05m€0.7m€1.1m▲ 49.6%
Formation expenses20€0€0---
Fixed assets21/28€0.04m€0.04m€0.03m€0.3m▲ 910%
Intangible fixed assets21€0€0---
Tangible fixed assets22/27€0.04m€0.04m€0.03m€0.3m▲ 908%
Land and buildings22--€0.02m€0.3m▲ 1,206%
Plant, machinery and equipment23---€0.001m-
Furniture and vehicles24--€0.008m€0.01m▲ 44.2%
Financial fixed assets28€0€0-€0.001m-
Current assets29/58€0.02m€0.02m€0.7m€0.8m▲ 9.6%
Stocks and contracts in progress3€0€0€0.002m€0.02m▲ 892%
Stocks30/36--€0.002m€0.02m▲ 892%
Amounts receivable within one year40/41€445€0.001m€0.5m€0.6m▲ 36.8%
Trade receivables40--€0.09m€0.3m▲ 223%
Other amounts receivable41--€0.4m€0.3m▼ 8.3%
Current investments50/53€0€0---
Cash at bank and in hand54/58€0.01m€0.02m€0.2m€0.1m▼ 52.2%
Deferred charges and accrued income490/1--€0.006m€0.01m▲ 103%
Equity and liabilities
Total equity and liabilities10/49€0.05m€0.05m€0.7m€1.1m▲ 49.6%
Equity10/15€0.01m€0.01m-€0.05m-€0.05m▲ 4.2%
Contributions10/11€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€0.01m-€0.01m-€0.07m-€0.07m▲ 3.1%
Amounts payable17/49€0.04m€0.04m€0.8m€1.1m▲ 46.2%
Amounts payable after more than one year17--€0.4m€0.2m▼ 39.0%
Financial debts170/4--€0.4m€0.2m▼ 39.0%
Amounts payable within one year42/48€0.04m€0.04m€0.4m€0.9m▲ 119%
Current portion of amounts payable after more than one year42--€0.1m€0.1m▲ 2.0%
Trade debts44€0.002m€0.007m€0.2m€0.6m▲ 237%
Suppliers440/4--€0.2m€0.6m▲ 237%
Advances received on contracts in progress46--€0.04m€0.1m▲ 212%
Taxes, remuneration and social security45--€0.04m€0.04m▲ 3.8%
Taxes450/3--€0.004m€0.01m▲ 176%
Remuneration and social security454/9--€0.03m€0.03m▼ 15.0%
Other amounts payable47/48--€0.05m€0▼ 100%
Accrued charges and deferred income492/3--€0.007m€0.02m▲ 203%
Line2019202020212022Change
Profit (loss) for the period9904-€8,963-€8,963-€60,169€2,110-
+ Depreciation and write-downs630€5,459€5,610€4,468€105,064▲ 2,251%
Operating cash flow (approximation)-€3,505-€3,353-€55,701€107,175-
Investment in fixed assets (approximation)--€5,610€1,189-€400,848-
Change in cash-€11,031€215,422-€123,373-

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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Similar companies · same sector, comparable size

Of the 6,676 companies in this sector, figures are known for 1,171. 250 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

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 Patrick Content
Jozef Ii - Straat 18, 8400 Oostende
06-11-2023 → present

Owners and capital

Owners

1 owner

Chain of control

  1. C&V Invest 100%
  2. BERVANCO 100%
  3. ENSORBEACH

Highest known parent: C&V Invest. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

History

ENSORBEACH was incorporated on 13 April 2017.1 Total assets rose from €54,695 in 2019 to €1.1m in 2022.2 On 6 November 2023 the company was declared bankrupt.3

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian Official Gazette, 10-11-2023

Acts, filings and financial milestones

2023
10-11
Bankruptcy Opening
Enterprise Court of Ghent, Bruges division · judgment of 06-11-2023
27-04
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
30-09
Financial Back to profitnet €2,110
Net result €2,110 after 3 loss-making years.
19-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 80 days late
2021
30-09
Financial Weakest financial yearnet -€60,169
Net result drops to -€60,169, the lowest in the series.
30-09
Financial Liquidity more than triplescurrent ratio 1.71
Current ratio from 0.50 to 1.71.
21-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-04
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
12-05
NBB filing Annual accounts filed
financial year 2018 · micro format · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
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 Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded13-04-2017
Financial year end30-09
Activities, NACEBEL 2025
93299Other amusement and recreation activities
47110Non-specialised retail sale with food, beverages or tobacco predominating
56301Cafés and bars
E-invoicing
Not found in the Peppol Directory

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 12 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, Oostende · 2 establishment units since 2017
registered office establishment All 2 establishment units on the map
Ground area
1,381 m²
Building footprint
649 m²
Building volume
8,290 m³
2 parcels, Flanders · tallest building 26.7 m. Linked by address, not a title deed.
2 establishment units
ENSORBEACH
Antwerpse Steenweg 92, 9080 LochristiOther amusement and recreation activities
since 2017unit no. 2.266.237.922
ENSORBEACH
Hofstraat 25, 8400 OostendeOther amusement and recreation activities
since 2017unit no. 2.274.786.590
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
44034D0844/00N000 Flanders 1,136 m² 1 · 335 m² 10.9 m · 2
35013A0569/00W006 Flanders 244 m² 1 · 314 m² 26.7 m · 7
How the parcels are linked
Good to know
Both parcels match the address exactly.