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FINESSE

Open bankruptcy
Public limited companyfounded 1989Walenstraat 88, 3500 Hasselt, BelgiumKBO/BCE: BE 0439.046.447

A bankruptcy procedure is open for FINESSE according to publications in the Belgian Official Gazette; trustee: Vincent Geeraert.

Summary

The 2021 annual accounts show equity of €88,712 and a net result of €8,198.

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FINESSEOpen 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 Antwerp, Hasselt division
Declared bankrupt
26 January 2023
Supervising judge
Marcel Tschoschia
Official Gazette
01-02-2023 (pdf) ↗search the document for 2023/103684

Deadlines

Provisional date payments stopped
26 January 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 16 February 2023Fifteen 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 25 February 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 March 2023Reclaim 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 26 January 2024A 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

  • Vincent GeeraertPrins Bisschopssingel 31, 3500 Hasseltv.geeraert@advocaat-geeraert.be

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
Wholesale trade
NACE 46360
1 site
Size
€209,472total assets 2021
Staff
3 FTE
Equity
€88,712
Profit
€8,198
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
Holdings
1
5 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2021 accounts filed 30 days lateShow the evidence

Signals

Two signals.
raises risk
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
raises risk · 2021 accounts filed 30 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2021
30 days late
2020
30 days late
2019
91 days late
2018
71 days late
2017
56 days late
2016
112 days late
2015
31 days late
← 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 60 days after the deadline; the sector median (NACE 46) for financial year 2021 is 3 days before the deadline, and 43% 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 Antwerp, Hasselt…
  2. Annual accounts filedfinancial year 2021 · abbreviated…
  3. Back to profitnet €8,198

Key points

  • Risk: Declared bankrupttrustee: Vincent Geeraert 26-01-2023 View
  • Total assets 20214 financial years filed €209,472 View

By topic

Financials

Financial year
2021
Total assets
€209,472
Profit
€8,198
Solvency
42.4%
Total assets▲ 22.4%
Net result
20182021
Go to Financials

Timeline

Events
36
Since
1990
  1. 30-08-2021Annual accounts filed
  2. 31-12-2020Weakest financial year
  3. 30-10-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46360
Founded
24-11-1989
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about FINESSE

What is the company number of FINESSE?
0439.046.447. In Belgium the VAT number is the company number with BE in front: BE 0439.046.447.
Where was FINESSE based?
The last known address of the registered office is Walenstraat 88, 3500 Hasselt.Company details
What does FINESSE do?
According to the KBO register, the main activity is wholesale trade (NACE 46360).
What is the legal form of FINESSE?
Public limited company (NV).
When was FINESSE founded?
On 24-11-1989.
Is FINESSE still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did FINESSE have?
On average 3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of FINESSE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FINESSE profitable?
In financial year 2021, FINESSE made a profit of €8,198.
Where can I find the annual accounts of FINESSE?
FINESSE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

Companies related to FINESSE

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 wholesale trade sector doing?Sector figures

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