F & B
Open bankruptcyAre 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, Dendermonde division
- Declared bankrupt
- 24 April 2023
- Supervising judge
- Guido Henkens
- Official Gazette
- 28-04-2023 (pdf) ↗search the document for 2023/116677
Deadlines
- Provisional date payments stopped
- 24 October 2022Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 13 May 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 May 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 2 June 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 24 April 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Alain CleymanPr. Jos. Charlottelaan 71, 9100 Sint-Niklaasalain.cleyman@mc2-advocaten.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
Embed in an article
Writing about this bankruptcy? Put the card of F & B in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
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 publicationsPublications
Address struck
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 Are there other customers at risk in your own list?Process a list How is the Manufacture of rubber and plastic products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€75,283▼ 23.6%
2019 · €98,492
Total assets
€148,730▼ 9.0%
2019 · €163,351
Net result
-€23,209
2019 · €12,978
Working capital
€68,227▼ 27.9%
2019 · €94,645
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€26,735-€14,615▼ 45.3%-€21,352
Net result€6,819-€12,978▲ 90.3%-€23,209below the sector's middle half
Equity€85,514-€98,492▲ 15.2%€75,283within the sector's middle half▼ 23.6%
Total assets€185,319-€163,351▼ 11.9%€148,730within the sector's middle half▼ 9.0%
Debt€99,804-€64,858▼ 35.0%€73,447▲ 13.2%
Working capital€80,765-€94,645▲ 17.2%€68,227within the sector's middle half▼ 27.9%
Solvency46.1%-60.3%▲ 14.2pp50.6%within the sector's middle half▼ 9.7pp
Current ratio1.81-2.46▲ 0.651.93within the sector's middle half▼ 0.53
Return on assets (ROA)3.7%-7.9%▲ 4.3pp-15.6%below the sector's middle half▼ 23.5pp
above
within
below
the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €21,352 after €14,615 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €148,730
Fixed assets
€7,056 ▲ 83.4%
Current assets
€141,674 ▼ 11.2%
Equity and liabilities €148,730
Equity
€75,283 ▼ 23.6%
Debt
€73,447 ▲ 13.2%
Debt's share of the balance-sheet total rises from 39.7% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€19,760▼
2019 · €18,074
Cash flow
-€21,618▼
2019 · €16,437
Debt to equity
0.98
ROE
-30.8%▼
2019 · 13.2%
Interest coverage
-10.62
Debt ≤ 1 year
€73,447▲
2019 · €64,858
Staff costs
€2,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2,631 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,998 | €3,459 | €1,592 | ▼ 54.0% |
| Other operating charges640/8 | - | - | €1,638 | - |
| Gross operating margin9900 | €52,208 | €28,540 | -€15,491 | ▼ 154% |
| Operating profit (loss)9901 | €26,735 | €14,615 | -€21,352 | ▼ 246% |
| Financial income75/76B | - | - | €2 | - |
| Recurring financial income75 | €8 | - | €2 | - |
| Financial charges65/66B | - | - | €1,860 | - |
| Recurring financial charges65 | €1,176 | €1,637 | €1,860 | ▲ 13.6% |
| Profit (loss) for the period before taxes9903 | €25,566 | €12,978 | -€23,209 | ▼ 279% |
| Income taxes67/77 | €18,747 | - | - | - |
| Profit (loss) for the period9904 | €6,819 | €12,978 | -€23,209 | ▼ 279% |
| Profit (loss) for the period to be appropriated9905 | €6,819 | €12,978 | -€23,209 | ▼ 279% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €185,319 | €163,351 | €148,730 | ▼ 9.0% |
| Fixed assets21/28 | €4,749 | €3,847 | €7,056 | ▲ 83.4% |
| Intangible fixed assets21 | - | €1,179 | €590 | ▼ 50.0% |
| Tangible fixed assets22/27 | €4,749 | €2,668 | €1,666 | ▼ 37.6% |
| Furniture and vehicles24 | - | - | €1,193 | - |
| Leasing and similar rights25 | - | - | €473 | - |
| Financial fixed assets28 | - | - | €4,800 | - |
| Current assets29/58 | €180,570 | €159,503 | €141,674 | ▼ 11.2% |
| Amounts receivable within one year40/41 | €180,570 | €159,503 | €141,674 | ▼ 11.2% |
| Trade receivables40 | - | - | €23,116 | - |
| Other amounts receivable41 | - | - | €118,558 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €185,319 | €163,351 | €148,730 | ▼ 9.0% |
| Equity10/15 | €85,514 | €98,492 | €75,283 | ▼ 23.6% |
| Contributions10/11 | - | - | €6,500 | - |
| Outside capital11 | - | - | €6,500 | - |
| Other1109/19 | - | - | €6,500 | - |
| Reserves13 | €15,437 | €15,437 | €15,437 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - |
| Distributable reserves133 | - | - | €13,577 | - |
| Profit (loss) carried forward14 | €63,578 | €76,555 | €53,346 | ▼ 30.3% |
| Amounts payable17/49 | €99,804 | €64,858 | €73,447 | ▲ 13.2% |
| Amounts payable within one year42/48 | €99,804 | €64,858 | €73,447 | ▲ 13.2% |
| Financial debts43 | - | - | €6,813 | - |
| Credit institutions430/8 | - | - | €6,813 | - |
| Trade debts44 | €98,281 | €36,349 | €64,942 | ▲ 78.7% |
| Suppliers440/4 | - | - | €64,942 | - |
| Taxes, remuneration and social security45 | - | - | €1,673 | - |
| Taxes450/3 | - | - | €73 | - |
| Remuneration and social security454/9 | - | - | €1,600 | - |
| Other amounts payable47/48 | - | - | €18 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,819 | €12,978 | -€23,209 | ▼ 279% |
| + Depreciation and write-downs630 | €7,998 | €3,459 | €1,592 | ▼ 54.0% |
| Operating cash flow (approximation) | €14,817 | €16,437 | -€21,618 | ▼ 232% |
| Investment in fixed assets (approximation) | - | -€2,557 | -€4,800 | ▼ 87.7% |
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
2024
26-04
KBO administration
Address struck
event 07-03-2024
2023
28-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-04-2023
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 286 days late
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 265 days late
22-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 631 days late
2020
31-12
Financial
Weakest financial yearnet -€23,209
Net result drops to -€23,209, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €12,978 ▲90.3%
Net result €12,978, the highest in the series.
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
22-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 206 days late
2015
03-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 95 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
31-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 92 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 155 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
No directors read yet: 0 of 13 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 1 establishment unit since 2008
Ground area
1,933 m²
Building footprint
708 m²
Volume, LiDAR
4,086 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F & B
since 2008unit no. 2.168.526.654
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022A0032/00Y000 | Flanders | 1,103 m² | 1 · 313 m² | 7.2 m · 2 fl. |
| 11462A0532/00C002 | Flanders | 830 m² | 1 · 396 m² | 7.8 m · 2 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 | ALAIN CLEYMAN Pr. Jos. Charlottelaan 71, 9100 Sint-Niklaas |
24-04-2023 → present |
Similar companies · same sector, comparable size
PRESS TALKING
BE 0891.400.997
Ramillies · Eq €75,872
VDS Nivellering
BE 0831.692.450
Tielt-Winge · Eq €76,064
GRAPHIES
BE 0863.856.858
Waterloo · Eq €74,502
Typeface
BE 0444.033.237
Leuven · Eq €76,845
IBW
BE 0445.991.350
Oostkamp · Eq €78,045
Of 628 companies in this sector we hold annual accounts for 363. 255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
22240Manufacture of rubber and plastic products
93293Sports, amusement and recreation activities
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 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.