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FUN ZUID

Open bankruptcy
Public limited companyfounded 2002Koning Albert I-laan 244, 8200 Brugge, BelgiumKBO/BCE: BE 0479.170.102
Summary

A bankruptcy procedure is open for FUN ZUID according to publications in the Belgian Official Gazette. The 2022 annual accounts show negative equity (-€983,227) and a net result of €68,817.

FUN ZUIDOpen 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
Enterprise Court of Ghent, Bruges division
Declared bankrupt
16 February 2024
Official Gazette
21-02-2024 (pdf) ↗search the document for 2024/107052

Deadlines

Provisional date payments stopped
16 February 2024A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 7 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol until
passed on 17 March 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 26 March 2024Reclaim 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 16 February 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Rik CrivitsEzelstraat 25, 8000 Bruggerik.crivits@crivits-persyn.be
  • Astrid LescouhierEzel- Straat 25, 8000 Bruggeastrid.lescouhier@crivits-persyn.be
  • Jens VrebosEzelstraat 25, 8000 Bruggejens.vrebos@crivitspersyn.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
Retail sale of games and toys
NACE 47640
5 sites
Size
€6,612total assets 2022
Staff
26.6 FTE
Equity
-€983,227
Profit
€68,817
Financial health
Open bankruptcy: no score
Structure
Parent
FUN BELGIUM · 99.84%
0 of 12 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow 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 · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-07-2023, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2022
7 days early
2021
17 days early
2020
24 days early
2019
40 days early
2018
41 days early
2017
28 days early
2016
38 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 28 days before the deadline; the sector median (NACE 47) for financial year 2022 is on the deadline day, and 50% 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 Ghent, Bruges…
  2. Annual accounts filedfinancial year 2022 · abbreviated…
  3. Annual accounts filedfinancial year 2021 · abbreviated…

Key points

  • Risk: Declared bankrupttrustee: Rik Crivits 16-02-2024 View
  • Controlled by FUN BELGIUMknown shareholders 100% 99.84% View
  • Caution: Result fell in 2022from €225,221 to €68,817 ▼ 69.4% View

By topic

Financials

Financial year
2022
Total assets
€6,612
Profit
€68,817
Solvency
-14870.6%
Turnover▲ 68.1%
Net result
20182021
Go to Financials

Timeline

Events
23
Since
2004
  1. 31-12-2021Back to profit
  2. 07-07-2021Annual accounts filed
  3. 21-06-2020Annual accounts filed
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Retail sale of games and toysNACE 47640
Founded
24-12-2002
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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