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G & G

Inactive
KBO/BCE: BE 0704.712.720

G & G was declared bankrupt on 04-05-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 17-12-2024, published in the Belgian State Gazette on 13-01-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

G & GInactive

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Antwerp
Opened
18 March 2022
Track
Reorganisation by collective agreement
Docket number
20220003
Moratorium until
16 September 2022 (passed; an extension would be in a later judgment)
Creditors' vote
2 September 2022
Delegated judge
Paul Odeurs
Official Gazette
25-03-2022 (pdf) ↗search the document for 2022/110235

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

Overview

What they do
Activity not known
How big
€41,643total assets 2020
Equity
-€8,762
Loss
-€1,850
Turnover not published (abridged schema)
Financially healthy?
Inactive: no score
Who decides
Accounts 1524 d overdue0 of 4 deeds read
Signals- In judicial reorganisationNo filing for yearsLatest accounts filed on timeShow the evidence

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline02-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-06-2021, 36 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2020
36 d early
2019
59 d early
2018
57 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 51 days before the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

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
  1. Bankruptcy closure (by liquidation)Ondernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  2. OpeningOndernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  3. OpeningOndernemingsrechtbank Antwerpen · collective agreement…

Key points

  • Risk: In judicial reorganisationcreditors: see the procedure below 18-03-2022 View
  • Total assets 20203 fiscal years filed €41,643 View

By topic

Financials

Fiscal year
2020
Total assets
€41,643
Loss
-€1,850
Solvency
-21.0%
Total assets▲ 323%
Net result
20182020
Go to Financials

Timeline

Events
7
Since
2019
  1. 13-01-2025Bankruptcy closure (by liquidation)
  2. 10-05-2023Opening
  3. 25-03-2022Opening
Go to Timeline

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