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ESELECT

Open bankruptcy
Private limited company (pre-2019)founded 1999KBO/BCE: BE 0466.490.618

A bankruptcy procedure is open for ESELECT according to publications in the Belgian State Gazette; curator: THOMAS DEBAENE.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€52,046) and a net result of -€2,066.

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 Antwerp, Antwerp division
Declared bankrupt
4 April 2024
Supervising judge
Joris De Fre
Official Gazette
10-04-2024 (pdf) ↗search the document for 2024/114794

Curator

  • Thomas DebaeneKoninklijke Laan 60, 2600 Berchem (Antwerpen)thomas.debaene@gvgadvocaten.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.

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 ↗ 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. Full guide for creditors

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-08-2023, 24 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
24 d late
2021
31 d late
2020
27 d late
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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
Address struck

History

On 9 July 1999, ESELECT was incorporated.1 The company has filed 17 sets of annual accounts, the latest for fiscal year 2022.2 The company was declared bankrupt on 4 April 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 10-04-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
-€52,046▼ 4.1%
2021 · -€49,980
Total assets
€270=
2021 · €270
Net result
-€2,066▼ 185%
2021 · -€724
Working capital
Not included in this filing
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€344--€566▼ 64.9%-€660-€2,066▼ 213%
Net result-€344--€570▼ 65.9%-€724-€2,066▼ 185%
Equity-€48,686--€49,256▼ 1.2%-€49,256=-€49,980▼ 1.5%-€52,046▼ 4.1%
Total assets€270€270=
Debt€48,686-€49,256▲ 1.2%€49,256=€50,250▲ 2.0%€52,316▲ 4.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2018: -€344-€344Net result 2018: -€344-€344Operating result 2019: -€566-€566Net result 2019: -€570-€570Operating result 2021: -€660-€660Net result 2021: -€724-€724Operating result 2022: -€2,066-€2,066Net result 2022: -€2,066-€2,06620182019202020212022-€3,000-€2,000-€1,000€0Operating result 2021: -€660-€660Net result 2021: -€724-€724Operating result 2022: -€2,066-€2,070Net result 2022: -€2,066-€2,070202020212022
The operating result stays negative: a loss of €2,066 in 2022 against €660 in 2021; the loss grows and 2022 has the lowest result in the available series.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€5,816▲
2021 · €3,750
Debt > 1 year
€46,500=
2021 · €46,500
Ratios withheld: a balance sheet total of €270 is too small for a meaningful ratio.
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 · 27 lines
Balance sheet Code20212022
Assets
Total assets20/58€270€270=
Fixed assets21/28€270€270=
Financial fixed assets28€270€270=
Equity and liabilities
Total equity and liabilities10/49€270€270=
Equity10/15-€49,980-€52,046▼
Contributions10/11€18,600€18,600=
Capital10-€18,600
Issued capital100-€18,600
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€70,439-€72,505▼
Amounts payable17/49€50,250€52,316▲
Amounts payable after more than one year17€46,500€46,500=
Financial debts170/4€46,500€46,500=
Amounts payable within one year42/48€3,750€5,816▲
Other amounts payable47/48€3,750€5,816▲
Income statement Code20212022
Other operating charges640/8€324€102▼
Gross operating margin9900-€336-€1,964▼
Operating profit (loss)9901-€660-€2,066▼
Financial charges65/66B€64-
Recurring financial charges65€64-
Profit (loss) for the period before taxes9903-€724-€2,066▼
Profit (loss) for the period9904-€724-€2,066▼
Profit (loss) for the period to be appropriated9905-€724-€2,066▼
Appropriation of the result
Profit (loss) to be appropriated9906-€70,439-€72,505▼
Profit (loss) brought forward from the previous period14P-€69,715-€70,439▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Other operating charges640/8---€324€102▼ 68.5%
Gross operating margin9900----€336-€1,964▼ 485%
Operating profit (loss)9901-€344-€566--€660-€2,066▼ 213%
Financial charges65/66B---€64--
Recurring financial charges65-€3-€64--
Profit (loss) for the period before taxes9903-€344-€570--€724-€2,066▼ 185%
Profit (loss) for the period9904-€344-€570--€724-€2,066▼ 185%
Profit (loss) for the period to be appropriated9905-€344-€570--€724-€2,066▼ 185%
Line20182019202020212022Change
Assets
Total assets20/58---€270€270=
Fixed assets21/28---€270€270=
Financial fixed assets28---€270€270=
Equity and liabilities
Total equity and liabilities10/49---€270€270=
Equity10/15-€48,686-€49,256-€49,256-€49,980-€52,046▼ 4.1%
Contributions10/11€18,600€18,600-€18,600€18,600=
Capital10----€18,600-
Issued capital100----€18,600-
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859=
Profit (loss) carried forward14-€69,145-€69,715-€69,715-€70,439-€72,505▼ 2.9%
Amounts payable17/49€48,686€49,256€49,256€50,250€52,316▲ 4.1%
Amounts payable after more than one year17€46,500€46,500€46,500€46,500€46,500=
Financial debts170/4---€46,500€46,500=
Amounts payable within one year42/48€2,186€2,756€2,756€3,750€5,816▲ 55.1%
Trade debts44€1,154-----
Other amounts payable47/48---€3,750€5,816▲ 55.1%
Line20182019202020212022Change
Profit (loss) for the period9904-€344-€570--€724-€2,066▼ 185%
Operating cash flow (approximation)-€344-€570--€724-€2,066▼ 185%
Investment in fixed assets (approximation)----€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.

Download as CSV

Timeline · acts, filings and financial milestones

2025
15-12
KBO administration Address struck
2024
10-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 04-04-2024
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial Weakest financial yearnet -€2,066
Net result drops to -€2,066, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
15-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
15-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 623 days late
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2009
31-08
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 31 days late
2008
19-06
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
19-06
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema
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
4 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, Antwerpen · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1,491 m²
Building footprint
984 m²
Volume, LiDAR
7,216 m³
Parcel 11463D0325/00K002, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314 companies at this address See who is registered here
1 establishment unit
Establishment
NACE 7412401
since 19992.092.065.811
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 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 THOMAS DEBAENE
KONINKLIJKE LAAN 60, 2600 BERCHEM (ANTWERPEN)
04-04-2024 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded09-07-1999
Fiscal year end31-12
Contact
E-mail eselectbvba@gmail.com
Phone 0484775183

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