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Fifty Shoes

Open bankruptcy
Private limited company (pre-2019)founded 2015KBO/BCE: BE 0627.696.995

A bankruptcy procedure is open for Fifty Shoes according to publications in the Belgian Official Gazette; trustee: Alain G. Vandamme.

Summary

The 2017 annual accounts show equity of €5,405 and a net result of -€5,842.

Fifty ShoesOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
2 March 2020
Supervising judge
Didier Woitrin
Official Gazette
10-03-2020 (pdf) ↗search the document for 2020/110854

Deadlines

Appeal or third-party opposition until
passed on 25 March 2020Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol until
passed on 1 April 2020art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 15 April 2020Reclaim 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 2 March 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

Trustee

  • Alain G. VandammeBoulevard Brand Whit- Lock 106, 1200 Bruxelles 20alain.vandamme@law-vovan.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 under 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; 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 trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known
Size
€507,916total assets 2017
Staff
2.3 FTE
Equity
€5,405
Loss
-€5,842
Financial health
Open bankruptcy: no score
Structure
0 of 4 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
+raises risk○neutral
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 · Filed after the deadline
The financial year that closed on 31-07-2017 was due by 28-02-2018 and was filed on 26-04-2018, 57 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2019
not filed
2018
not filed
2017
57 days late
2016
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 8 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningFrench-language Enterprise Court of Brussels…
  2. Annual accounts filedfinancial year 2017 · micro…
  3. Annual accounts filedfinancial year 2016 · full…

Key points

  • Risk: Declared bankrupttrustee: Alain G. Vandamme 02-03-2020 View
  • Total assets 20172 financial years filed €507,916 View

By topic

Financials

Financial year
2017
Total assets
€507,916
Loss
-€5,842
Solvency
1.1%
Total assets▲ 43.7%
Net result
20162017
Go to Financials

Company details

Legal form
Private limited company (pre-2019)
Founded
30-03-2015
Year ends
31-07
Peppol
Not found in the Peppol directory
Go to Company details

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