FIRST LOAD
Open bankruptcySummary
A bankruptcy procedure is open for FIRST LOAD according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2016 annual accounts show equity of €24,060 and a net result of -€7,220.
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
- 9 August 2019
- Supervising judge
- Paul Vanderhoeven
- Official Gazette
- 19-08-2019 (pdf) ↗search the document for 2019/142871
Deadlines
- Provisional date payments stopped
- 11 February 2019Payments 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 3 September 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 September 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 September 2019Goods 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 9 August 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Diane OssieurAvenue H. & F. Limbourg 19, 1070 Bruxelles 7- . Date provisoire de cessation de paiement : 11/02/2019d.ossieur@skynet.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
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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, full schema
Turnover
€226,300▲ 95.3%
2013 · €115,902
EBIT margin
2.4%▲ 4.3pp
2013 · -1.9%
Net result
-€7,220
2015 · €9,851
Working capital
-€49,998▼ 9.7%
2015 · -€45,592
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2013201420152016
Turnover€115,902-€226,300▲ 95.3%
Operating result-€2,216-€5,350€10,664▲ 99.3%-€7,167
Net result-€2,889-€5,718€9,851▲ 72.3%-€7,220
EBIT margin-1.9%-2.4%▲ 4.3pp
Equity€15,711-€21,429▲ 36.4%€31,280▲ 46.0%€24,060▼ 23.1%
Total assets€71,204-€102,053▲ 43.3%€144,332▲ 41.4%€138,737▼ 3.9%
Debt€55,493-€80,624▲ 45.3%€113,052▲ 40.2%€114,677▲ 1.4%
Working capital-€27,674--€45,862▼ 65.7%-€45,592▲ 0.6%-€49,998▼ 9.7%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2016: a loss of €7,167 after €10,664 in 2015, the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €138,737
Fixed assets
€74,058 ▼ 9.5%
Current assets
€64,679 ▲ 3.6%
Equity and liabilities €138,737
Equity
€24,060 ▼ 23.1%
Debt
€114,677 ▲ 1.4%
Debt's share of the balance-sheet total rises from 78.3% to 82.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€647▼
2015 · €29,909
Cash flow
€594▼
2015 · €29,096
Current ratio
0.56▼
2015 · 0.58
ROE
-30.0%▼
2015 · 31.5%
ROA
-5.2%▼
2015 · 6.8%
Debt ≤ 1 year
€114,677▲
2015 · €108,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Turnover70 | €115,902 | €226,300 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,062 | €21,845 | €19,245 | €7,814 | ▼ 59.4% |
| Gross operating margin9900 | €41,297 | €56,301 | €64,845 | €13,469 | ▼ 79.2% |
| Operating profit (loss)9901 | -€2,216 | €5,350 | €10,664 | -€7,167 | ▼ 167% |
| Recurring financial income75 | €28 | €1,235 | - | €5 | - |
| Recurring financial charges65 | €634 | €867 | €813 | €58 | ▼ 92.9% |
| Profit (loss) for the period before taxes9903 | -€2,889 | €5,718 | €9,851 | -€7,220 | ▼ 173% |
| Profit (loss) for the period9904 | -€2,889 | €5,718 | €9,851 | -€7,220 | ▼ 173% |
| Profit (loss) for the period to be appropriated9905 | -€2,889 | €5,718 | €9,851 | -€7,220 | ▼ 173% |
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €71,204 | €102,053 | €144,332 | €138,737 | ▼ 3.9% |
| Fixed assets21/28 | €48,385 | €72,291 | €81,872 | €74,058 | ▼ 9.5% |
| Tangible fixed assets22/27 | €32,373 | €53,279 | €49,860 | €42,046 | ▼ 15.7% |
| Financial fixed assets28 | €16,012 | €19,012 | €32,012 | €32,012 | = |
| Current assets29/58 | €22,819 | €29,762 | €62,460 | €64,679 | ▲ 3.6% |
| Amounts receivable within one year40/41 | €16,830 | €5,052 | €62,455 | €63,825 | ▲ 2.2% |
| Cash at bank and in hand54/58 | €5,989 | €5,743 | €5 | €854 | ▲ 16,980% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €71,204 | €102,053 | €144,332 | €138,737 | ▼ 3.9% |
| Equity10/15 | €15,711 | €21,429 | €31,280 | €24,060 | ▼ 23.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | -€2,889 | €2,429 | €12,280 | €5,060 | ▼ 58.8% |
| Amounts payable17/49 | €55,493 | €80,624 | €113,052 | €114,677 | ▲ 1.4% |
| Amounts payable after more than one year17 | €5,000 | €5,000 | €5,000 | - | - |
| Amounts payable within one year42/48 | €50,493 | €75,624 | €108,052 | €114,677 | ▲ 6.1% |
| Trade debts44 | €22,418 | €52,224 | €31,547 | €43,499 | ▲ 37.9% |
| Line | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,889 | €5,718 | €9,851 | -€7,220 | ▼ 173% |
| + Depreciation and write-downs630 | €12,062 | €21,845 | €19,245 | €7,814 | ▼ 59.4% |
| Operating cash flow (approximation) | €9,173 | €27,563 | €29,096 | €594 | ▼ 98.0% |
| Investment in fixed assets (approximation) | - | -€45,751 | -€28,826 | €0 | ▲ 100% |
| Change in cash | - | -€246 | -€5,738 | €849 | ▲ 115% |
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
2023
08-12
KBO administration
Address struck
2019
19-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 09-08-2019
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 395 days late
2016
31-12
Financial
Weakest financial yearnet -€7,220
Net result drops to -€7,220, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
07-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 220 days late
04-03
Bankruptcy
Opening
Rechtbank van koophandel Brussel · event 01-03-2016
2015
31-12
Financial
Highest result since 2013net €9,851 ▲72.3%
Operating result €10,664, net result €9,851, both a record.
2014
31-12
Financial
Back to profitnet €5,718
Net result €5,718 after one loss-making year.
20-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 112 days late
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.
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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, Schaarbeek · 1 establishment unit since 2012
Ground area
584 m²
Building footprint
187 m²
Volume, LiDAR
1,953 m³
2 parcels, Brussels, Wallonia · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FIRST LOAD
since 20122.211.006.221
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783F0228/00H005 | Wallonia | 444 m² | 1 · 109 m² | 11.2 m · 3 fl. |
| 21909E0029/00A009 | Brussels | 140 m² | 1 · 78 m² | 16.4 m · 5 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DIANE OSSIEUR AVENUE H. & F. LIMBOURG 19,
1070 BRUXELLES 7- .
Date provisoire de cessation de paiement : 11/02/2019 |
09-08-2019 → present |
| Curator | Mr DE ROY Frans WOLSTRAAT 19/21 - RES |
01-03-2016 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-07-2012
Fiscal year end31-12
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.