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FLOGIL

Open bankruptcy
Private limited company (pre-2019)founded 1993KBO/BCE: BE 0450.435.039

A bankruptcy procedure is open for FLOGIL according to publications in the Belgian State Gazette; curator: CHARLES DUMONT DE CHASSART.

Summary

The 2014 annual accounts show negative equity (-€24,170) and a net result of -€5,853.

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 Commercial Court of Brussels
Declared bankrupt
22 May 2018
Supervising judge
Alain Lechien
Official Gazette
30-05-2018 (pdf) ↗search the document for 2018/123807

Deadlines

Appeal or third-party opposition until
passed on 14 June 2018Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 June 2018art. XX.104 and XX.155 CEL
First verification report
passed on 4 July 2018Goods 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 22 May 2019Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  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 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

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

FLOGIL was incorporated on 1 July 1993.1 Total assets fell from EUR 17,102 in 2010 to EUR 1,561 in 2014.2 On 22 May 2018 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2010 and 2014
  3. 3Belgian State Gazette, 30-05-2018

Go further with this company

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

Financials · fiscal year 2014, full schema

Turnover
€6,000=
2010 · €6,000
EBIT margin
62.9%▲ 2.9pp
2010 · 60.0%
Net result
-€5,853▼ 3,277%
2013 · -€173
Working capital
-€24,170▼ 31.3%
2013 · -€18,404
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
Line20102011201220132014
Turnover€6,000-€6,000=
Operating result€3,600-€3,774▲ 4.8%-€322-€173▲ 46.1%-€5,833▼ 3,266%
Net result€3,359-€3,774▲ 12.4%-€322-€173▲ 46.1%-€5,853▼ 3,277%
EBIT margin60.0%-62.9%▲ 2.9pp
Equity-€21,596--€17,822▲ 17.5%-€18,144▼ 1.8%-€18,317▼ 1.0%-€24,170▼ 32.0%
Total assets€17,102-€1,576▼ 90.8%€1,658▲ 5.2%€1,485▼ 10.5%€1,561▲ 5.1%
Debt€38,698-€19,399▼ 49.9%€19,802▲ 2.1%€19,802=€25,731▲ 29.9%
Working capital-€21,709--€18,256▲ 15.9%-€18,404▼ 0.8%-€18,404=-€24,170▼ 31.3%
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500€5,000Operating result 2010: €3,600€3,600Net result 2010: €3,359€3,359Operating result 2011: €3,774€3,774Net result 2011: €3,774€3,774Operating result 2012: -€322-€322Net result 2012: -€322-€322Operating result 2013: -€173-€173Net result 2013: -€173-€173Operating result 2014: -€5,833-€5,833Net result 2014: -€5,853-€5,85320102011201220132014-€6,000-€4,000-€2,000€0Operating result 2012: -€322-€322Net result 2012: -€322-€322Operating result 2013: -€173-€173Net result 2013: -€173-€173Operating result 2014: -€5,833-€5,830Net result 2014: -€5,853-€5,850201220132014
The operating result stays negative: a loss of €5,833 in 2014 against €173 in 2013; the loss grows and 2014 has the lowest result in the available series.
Key figures and ratios
2014 value · change against 2013
Debt ≤ 1 year
€25,731▲
2013 · €19,802
Ratios withheld: a balance sheet total of €1,561 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2014 against 2013 · 20 lines
Balance sheet Code20132014
Assets
Total assets20/58€1,485€1,561▲
Fixed assets21/28€87-
Tangible fixed assets22/27€87-
Current assets29/58€1,398€1,561▲
Amounts receivable within one year40/41€1,398€255▼
Cash at bank and in hand54/58-€1,306
Equity and liabilities
Total equity and liabilities10/49€1,485€1,561▲
Equity10/15-€18,317-€24,170▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€36,917-€42,770▼
Amounts payable17/49€19,802€25,731▲
Amounts payable within one year42/48€19,802€25,731▲
Income statement Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€173-
Gross operating margin9900€0-€4,105▼
Operating profit (loss)9901-€173-€5,833▼
Recurring financial income75-€88
Recurring financial charges65-€21
Profit (loss) for the period before taxes9903-€173-€5,853▼
Profit (loss) for the period9904-€173-€5,853▼
Profit (loss) for the period to be appropriated9905-€173-€5,853▼
Line20102011201220132014Change
Turnover70€6,000€6,000----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146€200€173€173--
Gross operating margin9900€4,563€4,305€0€0-€4,105-
Operating profit (loss)9901€3,600€3,774-€322-€173-€5,833▼ 3,266%
Recurring financial income75----€88-
Recurring financial charges65€248---€21-
Profit (loss) for the period before taxes9903€3,352€3,774-€322-€173-€5,853▼ 3,277%
Income taxes67/77-€7-----
Profit (loss) for the period9904€3,359€3,774-€322-€173-€5,853▼ 3,277%
Profit (loss) for the period to be appropriated9905€3,359€3,774-€322-€173-€5,853▼ 3,277%
Line20102011201220132014Change
Assets
Total assets20/58€17,102€1,576€1,658€1,485€1,561▲ 5.1%
Fixed assets21/28€113€433€260€87--
Tangible fixed assets22/27€113€433€260€87--
Current assets29/58€16,988€1,143€1,398€1,398€1,561▲ 11.6%
Amounts receivable within one year40/41€16,988€1,143€1,398€1,398€255▼ 81.8%
Cash at bank and in hand54/58----€1,306-
Equity and liabilities
Total equity and liabilities10/49€17,102€1,576€1,658€1,485€1,561▲ 5.1%
Equity10/15-€21,596-€17,822-€18,144-€18,317-€24,170▼ 32.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€40,196-€36,422-€36,744-€36,917-€42,770▼ 15.9%
Amounts payable17/49€38,698€19,399€19,802€19,802€25,731▲ 29.9%
Amounts payable within one year42/48€38,698€19,399€19,802€19,802€25,731▲ 29.9%
Line20102011201220132014Change
Profit (loss) for the period9904€3,359€3,774-€322-€173-€5,853▼ 3,277%
+ Depreciation and write-downs630€146€200€173€173--
Operating cash flow (approximation)€3,505€3,974-€148€0-€5,853-
Investment in fixed assets (approximation)--€520€0€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2020
20-07
Bankruptcy Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 13-07-2020
2018
30-05
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 22-05-2018
2016
26-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 210 days late
2014
31-12
Financial Weakest financial yearnet -€5,853
Net result drops to -€5,853, the lowest in the series.
18-11
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 110 days late
11-02
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 195 days late
2012
09-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 9 days late
2011
31-12
Financial Highest result since 2010net €3,774 ▲12.4%
Operating result €3,774, net result €3,774, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 30 days late
2009
04-07
NBB filing Annual accounts filed
fiscal year 2008 · full schema
2008
23-06
NBB filing Annual accounts filed
fiscal year 2007 · full schema
2007
25-06
NBB filing Annual accounts filed
fiscal year 2006 · full schema
2006
28-06
NBB filing Annual accounts filed
fiscal year 2005 · full schema
2005
29-06
NBB filing Annual accounts filed
fiscal year 2004 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Sint-Jans-Molenbeek · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
4,070 m²
Building footprint
861 m²
Volume, LiDAR
53,919 m³
2 parcels, Brussels · tallest building 68.2 m, ±22 floors. Linked by address, not a title deed.
16 companies at this address See who is registered here
1 establishment unit
Maurice Lemonnierlaan 139-143, 1000 Brussel
Agents in non-specialised wholesale trade
since 19942.062.827.833
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21526D0063/00E000 Brussels 4,014 m² 1 · 804 m² 68.2 m · 22 fl.
21810L2135/00N002 Brussels 56 m² 1 · 56 m² 21.7 m · 7 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 CHARLES DUMONT DE CHASSART
AVENUE LOUISE 106, 1050 BRUXELLES 5-
22-05-2018 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-1993
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 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.