ESTEE GROUP
Open bankruptcyA bankruptcy procedure is open for ESTEE GROUP according to publications in the Belgian State Gazette; curator: LINSE DE LEEUW.
Summary
The 2021 annual accounts show equity of €1.2m and a net result of -€130,983.
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
- 18 April 2023
- Supervising judge
- Pascale Hoste
- Official Gazette
- 24-04-2023 (pdf) ↗search the document for 2023/115809
Deadlines
- Provisional date payments stopped
- 15 December 2022Moved back by judgment of 17 December 2024. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 9 May 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 18 May 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 May 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 18 April 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Linse De LeeuwBrusselsesteenweg 691, 9050 Gentbruggelinse.deleeuw@rydant-deweppe.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 · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-07-2022, 11 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
11 d early
2020
17 d early
2019
16 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Activities of holding companies sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
€1.2m▼ 9.9%
2020 · €1.3m
Net result
-€130,983
2020 · €149,720
Total assets
€5.2m▼ 0.3%
2020 · €5.2m
Solvency
23.0%▼ 2.4pp
2020 · 25.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line201920202021
Operating result€402,714-€304,693▼ 24.3%-€31,403
Net result€1.2m-€149,720above the sector's middle half▼ 87.0%-€130,983below the sector's middle half
Equity€1.2m-€1.3mabove the sector's middle half▲ 12.8%€1.2mwithin the sector's middle half▼ 9.9%
Total assets€5.6m-€5.2mabove the sector's middle half▼ 6.8%€5.2mabove the sector's middle half▼ 0.3%
Debt€4.4m-€3.9m▼ 12.0%€4.0m▲ 2.9%
Working capital-€477,599--€682,548below the sector's middle half▼ 42.9%-€1.1mbelow the sector's middle half▼ 60.0%
Solvency21.0%-25.4%within the sector's middle half▲ 4.4pp23.0%below the sector's middle half▼ 2.4pp
Current ratio0.55-0.21below the sector's middle half▼ 0.340.13below the sector's middle half▼ 0.08
Return on assets (ROA)20.7%-2.9%within the sector's middle half▼ 17.8pp-2.5%below the sector's middle half▼ 5.4pp
Staff (FTE)0.8within the sector's middle half1.3within the sector's middle half▲ 62.5%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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.
Why a figure moved sharply
- 2020 Net result -87% on 2019. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €31,403 after €304,693 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.2m
Fixed assets
€5.0m ▼ 0.1%
Current assets
€169,355 ▼ 7.4%
Equity and liabilities €5.2m
Equity
€1.2m ▼ 9.9%
Debt
€4.0m ▲ 2.9%
Debt's share of the balance-sheet total rises from 74.6% to 77.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-11.0%▼
2020 · 11.3%
Debt ≤ 1 year
€1.3m▲
2020 · €865,372
Debt > 1 year
€2.6m▼
2020 · €3.0m
Income taxes
-€2,867▼
2020 · €50,236
Staff costs
€48,917
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €48,917 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €685 | €4,098 | ▲ 498% |
| Other operating charges640/8 | - | - | €1,986 | - |
| Gross operating margin9900 | €403,635 | €342,928 | €23,598 | ▼ 93.1% |
| Operating profit (loss)9901 | €402,714 | €304,693 | -€31,403 | ▼ 110% |
| Financial income75/76B | - | - | €1,259 | - |
| Recurring financial income75 | €116 | - | €1,259 | - |
| Financial charges65/66B | - | - | €103,706 | - |
| Recurring financial charges65 | €181,861 | €104,737 | €103,706 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €1.2m | €199,956 | -€133,850 | ▼ 167% |
| Income taxes67/77 | €67,593 | €50,236 | -€2,867 | ▼ 106% |
| Profit (loss) for the period9904 | €1.2m | €149,720 | -€130,983 | ▼ 187% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | €76,045 | -€130,983 | ▼ 272% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5.6m | €5.2m | €5.2m | ▼ 0.3% |
| Fixed assets21/28 | €5.0m | €5.0m | €5.0m | ▼ 0.1% |
| Tangible fixed assets22/27 | - | €19,021 | €14,923 | ▼ 21.5% |
| Furniture and vehicles24 | - | - | €686 | - |
| Leasing and similar rights25 | - | - | €14,237 | - |
| Financial fixed assets28 | €5.0m | €5.0m | €5.0m | = |
| Current assets29/58 | €582,624 | €182,824 | €169,355 | ▼ 7.4% |
| Amounts receivable within one year40/41 | €144,669 | €155,912 | €121,759 | ▼ 21.9% |
| Trade receivables40 | - | - | €46,935 | - |
| Other amounts receivable41 | - | - | €74,824 | - |
| Cash at bank and in hand54/58 | €437,840 | €24,412 | €45,000 | ▲ 84.3% |
| Deferred charges and accrued income490/1 | - | - | €2,597 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5.6m | €5.2m | €5.2m | ▼ 0.3% |
| Equity10/15 | €1.2m | €1.3m | €1.2m | ▼ 9.9% |
| Contributions10/11 | €18,600 | - | €61,500 | - |
| Capital10 | - | - | €61,500 | - |
| Issued capital100 | - | - | €61,500 | - |
| Reserves13 | €1.2m | €1.3m | €1.1m | ▼ 13.3% |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Legal reserve130 | - | - | €1,860 | - |
| Tax-exempt reserves132 | - | - | €144,875 | - |
| Distributable reserves133 | - | - | €982,479 | - |
| Amounts payable17/49 | €4.4m | €3.9m | €4.0m | ▲ 2.9% |
| Amounts payable after more than one year17 | €3.3m | €3.0m | €2.6m | ▼ 11.9% |
| Financial debts170/4 | - | - | €2.6m | - |
| Amounts payable within one year42/48 | €1.1m | €865,372 | €1.3m | ▲ 45.8% |
| Current portion of amounts payable after more than one year42 | - | - | €367,574 | - |
| Financial debts43 | - | - | €62,500 | - |
| Credit institutions430/8 | - | - | €62,500 | - |
| Trade debts44 | €53,863 | €55,787 | €103,867 | ▲ 86.2% |
| Suppliers440/4 | - | - | €103,867 | - |
| Taxes, remuneration and social security45 | - | - | €14,807 | - |
| Taxes450/3 | - | - | €10,540 | - |
| Remuneration and social security454/9 | - | - | €4,267 | - |
| Other amounts payable47/48 | - | - | €713,000 | - |
| Accrued charges and deferred income492/3 | - | - | €108,188 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €149,720 | -€130,983 | ▼ 187% |
| + Depreciation and write-downs630 | - | €685 | €4,098 | ▲ 498% |
| Operating cash flow (approximation) | €1.2m | €150,405 | -€126,884 | ▼ 184% |
| Investment in fixed assets (approximation) | - | -€19,706 | €0 | ▲ 100% |
| Change in cash | - | -€413,427 | €20,588 | ▲ 105% |
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
2025
06-01
Bankruptcy
Date of cessation of payments moved back
Ondernemingsrechtbank Gent, afdeling Gent · event 17-12-2024
2023
24-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 18-04-2023
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€130,983
Net result drops to -€130,983, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gent · 1 establishment unit since 2018
Ground area
7,443 m²
Building footprint
547 m²
Volume, LiDAR
137 m³
2 parcels, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
50
companies at this address
See who is registered here
1 establishment unit
PROMEC GROUP
since 20182.272.516.295
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064A0410/00K000 | Flanders | 5,296 m² | 1 · 468 m² | - |
| 44062A0120/00E000 | Flanders | 2,147 m² | 1 · 79 m² | 3.1 m · 1 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 | LINSE DE LEEUW BRUSSELSESTEENWEG 691,
9050 GENTBRUGGE |
18-04-2023 → present |
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,800. 12,282 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
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.