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EXCLUSIVE DESTINATIONS

Open bankruptcy
Public limited companyfounded 1989Koperstraat 1, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0439.453.253
Summary

A bankruptcy procedure is open for EXCLUSIVE DESTINATIONS according to publications in the Belgian Official Gazette. The 2019 annual accounts show equity of €539,728 and a net result of €48,541.

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EXCLUSIVE DESTINATIONSOpen bankruptcy
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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 Ghent, Ghent division
Declared bankrupt
8 December 2020
Supervising judge
Isabelle Van Vooren
Official Gazette
15-12-2020 (pdf) ↗search the document for 2020/146975

Deadlines

Provisional date payments stopped
8 December 2020A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 30 December 2020Fifteen 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 7 January 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 January 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 8 December 2021A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  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.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file 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
Travel agency activities
NACE 79110
2 sites
Size
€2.8mtotal assets 2019
Staff
18.5 FTE
Equity
€539,728
Profit
€48,541
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 6 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 31-12-2019 was due by 31-07-2020 and was filed on 26-06-2020, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2019
35 days early
2018
33 days early
2017
49 days early
2016
32 days early
2015
55 days early
2014
36 days early
2013
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 79) for financial year 2019 is 6 days after the deadline, and 52% 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, Ghent…
  2. Annual accounts filedfinancial year 2019 · abbreviated…
  3. Equity above €500,000equity €539,728 ▲9.9%

Key points

  • Risk: Declared bankrupttrustee: Hans De Meyer 08-12-2020 View
  • Caution: Result fell in 2019from €249,761 to €48,541 ▼ 80.6% View
  • Total assets 20192 financial years filed €2.8m View

By topic

Financials

Financial year
2019
Total assets
€2.8m
Profit
€48,541
Solvency
19.4%
Total assets▼ 4.4%
Net result
20182019
Go to Financials

Timeline

Events
32
Since
1991
  1. 28-06-2019Annual accounts filed
  2. 12-06-2018Annual accounts filed
  3. 29-06-2017Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Travel agency activitiesNACE 79110
Founded
01-12-1989
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?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?Process a list How is the travel agency activities sector doing?Sector figures

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

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