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ForGrass

Bankruptcy
Private limited companyfounded 2016Krommewege 38, 9990 Maldegem, BelgiumKBO/BCE: BE 0659.652.161
Summary

The KBO register records for ForGrass the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (-€20,383) and a net result of -€28,151.

Watch Report
ForGrassBankruptcy
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Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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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Overview

Activity
Wholesale trade
NACE 46220
3 sites
Size
€525,920total assets 2023
Staff
3.7 FTE
Equity
-€20,383
Loss
-€28,151
Turnover not published (abridged schema)
Financial health
Bankruptcy: no score
Structure
Parent
Midori Group · 100%
0 of 7 deeds read
Signals- Register: open bankruptcyFiled after the deadlineShow the evidence

Signals

Two signals.
+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2023
30 days late
2022
31 days late
2021
45 days early
2020
74 days early
2019
47 days late
2018
30 days late
2017
28 days early
← 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 1 day before the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2023 · abbreviated…
  2. Annual accounts filedfiscal year 2022 · abbreviated…
  3. Weakest financial yearnet -€97,542

Key points

  • Risk: Declared bankruptcreditors: see the procedure below Bankruptcy View
  • Positive: Result rose in 2023from -€97,542 to -€28,151 ▲ 71.1% View
  • Controlled by Midori Group 100% View

By topic

Financials

Fiscal year
2023
Total assets
€525,920
Loss
-€28,151
Solvency
-3.9%
Total assets▼ 20.8%
Net result
20182023
Go to Financials

Timeline

Events
13
Since
2018
  1. 16-06-2022Annual accounts filed
  2. 31-12-2021Highest result since 2018
  3. 31-12-2021Liquidity doubles
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Wholesale tradeNACE 46220
Founded
12-07-2016
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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?Process a list How is the Wholesale trade sector doing?Sector figures

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

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