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G&G

Open bankruptcy
Private limited company (pre-2019)founded 2010Schaarbroek 12, 2590 Berlaar, BelgiumKBO/BCE: BE 0831.104.017

A bankruptcy procedure is open for G&G according to publications in the Belgian State Gazette; curator: ANNELIES HELLEMANS.

Summary

The 2019 annual accounts show equity of €153,030 and a net result of €22,774.

G&GOpen 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 Antwerp, Mechelen division
Declared bankrupt
3 May 2021
Supervising judge
Eddy Brouwers
Official Gazette
07-05-2021 (pdf) ↗search the document for 2021/117621

Deadlines

Provisional date payments stopped
3 May 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 22 May 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 2 June 2021art. XX.104 and XX.155 CEL
First verification report
passed on 28 June 2021Goods 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 3 May 2022Late, 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

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
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

G&G was incorporated on 28 October 2010.1 The company has filed 9 sets of annual accounts, the latest for fiscal year 2019.2 On 3 May 2021 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 07-05-2021

Go further with this company

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

Financials · fiscal year 2019, micro schema

Equity
€153,030▲ 47.1%
2018 · €104,007
Total assets
€309,399▲ 28.9%
2018 · €239,953
Net result
€22,774
2018 · -€4,220
Working capital
€138,060▲ 28.2%
2018 · €107,722
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€9,415-€70,769▲ 652%
Net result-€4,220-€22,774
Equity€104,007-€153,030▲ 47.1%
Total assets€239,953-€309,399▲ 28.9%
Debt€135,947-€147,619▲ 8.6%
Working capital€107,722-€138,060▲ 28.2%
Staff (FTE)1-1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2018: €9,415€9,415Net result 2018: -€4,220-€4,220Operating result 2019: €70,769€70,769Net result 2019: €22,774€22,77420182019-€20,000€0€20,000€40,000€60,000€80,000Operating result 2018: €9,415€9,420Net result 2018: -€4,220-€4,220Operating result 2019: €70,769€70,800Net result 2019: €22,774€22,80020182019
The operating result rises in 2019; 2019 is 652% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €309,399
Fixed assets €27,064 ▲ 34.7%
Current assets €282,335 ▲ 28.4%
Equity and liabilities €309,399
Equity €153,030 ▲ 47.1%
Provisions €8,750
Debt €147,619 ▲ 8.6%
Debt's share of the balance-sheet total falls from 56.7% to 47.7%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€84,041▲
2018 · €15,411
Cash flow
€36,046▲
2018 · €1,775
Current ratio
1.96▼
2018 · 1.96
ROE
14.9%▲
2018 · -4.1%
ROA
7.4%▲
2018 · -1.8%
Debt ≤ 1 year
€144,275▲
2018 · €112,137
Income taxes
€10,174▲
2018 · €517
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 · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€239,953€309,399▲
Fixed assets21/28€20,094€27,064▲
Tangible fixed assets22/27€19,054€26,024▲
Financial fixed assets28€1,040€1,040=
Current assets29/58€219,859€282,335▲
Amounts receivable within one year40/41€212,015€278,732▲
Cash at bank and in hand54/58€6,553€2,480▼
Equity and liabilities
Total equity and liabilities10/49€239,953€309,399▲
Equity10/15€104,007€153,030▲
Contributions10/11€18,550€18,550=
Reserves13€86,860€134,480▲
Profit (loss) carried forward14-€1,403€0▲
Provisions and deferred taxes16-€8,750
Amounts payable17/49€135,947€147,619▲
Amounts payable within one year42/48€112,137€144,275▲
Trade debts44€94,454€128,620▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,996€13,272▲
Gross operating margin9900€70,763€160,477▲
Operating profit (loss)9901€9,415€70,769▲
Recurring financial income75€8,630€9,806▲
Recurring financial charges65€21,749€12,627▼
Profit (loss) for the period before taxes9903-€3,703€67,948▲
Income taxes67/77€517€10,174▲
Profit (loss) for the period9904-€4,220€22,774▲
Profit (loss) for the period to be appropriated9905-€4,220€22,774▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,996€13,272▲ 121%
Gross operating margin9900€70,763€160,477▲ 127%
Operating profit (loss)9901€9,415€70,769▲ 652%
Recurring financial income75€8,630€9,806▲ 13.6%
Recurring financial charges65€21,749€12,627▼ 41.9%
Profit (loss) for the period before taxes9903-€3,703€67,948▲ 1,935%
Income taxes67/77€517€10,174▲ 1,866%
Profit (loss) for the period9904-€4,220€22,774▲ 640%
Profit (loss) for the period to be appropriated9905-€4,220€22,774▲ 640%
Line20182019Change
Assets
Total assets20/58€239,953€309,399▲ 28.9%
Fixed assets21/28€20,094€27,064▲ 34.7%
Tangible fixed assets22/27€19,054€26,024▲ 36.6%
Financial fixed assets28€1,040€1,040=
Current assets29/58€219,859€282,335▲ 28.4%
Amounts receivable within one year40/41€212,015€278,732▲ 31.5%
Cash at bank and in hand54/58€6,553€2,480▼ 62.2%
Equity and liabilities
Total equity and liabilities10/49€239,953€309,399▲ 28.9%
Equity10/15€104,007€153,030▲ 47.1%
Contributions10/11€18,550€18,550=
Reserves13€86,860€134,480▲ 54.8%
Profit (loss) carried forward14-€1,403€0▲ 100%
Provisions and deferred taxes16-€8,750-
Amounts payable17/49€135,947€147,619▲ 8.6%
Amounts payable within one year42/48€112,137€144,275▲ 28.7%
Trade debts44€94,454€128,620▲ 36.2%
Line20182019Change
Profit (loss) for the period9904-€4,220€22,774▲ 640%
+ Depreciation and write-downs630€5,996€13,272▲ 121%
Operating cash flow (approximation)€1,775€36,046▲ 1,930%
Investment in fixed assets (approximation)--€20,242-
Change in cash--€4,073-

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

2021
07-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 03-05-2021
2020
12-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial Back to profitnet €22,774
Net result €22,774 after one loss-making year.
31-12
Financial Equity above €150,000Eq €153,030 ▲47.1%
Equity rises from €104,007 to €153,030.
08-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
18-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 41 days late
2013
17-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
18-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Berlaar · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
9,446 m²
Building footprint
1,245 m²
Volume, LiDAR
6,723 m³
Parcel 12002A0496/00_000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
G&G
Schaarbroek 12, 2590 BerlaarSupport activities for crop production
since 20102.193.916.207
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12002A0496/00_000 Flanders 9,446 m² 1 · 1,245 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 ANNELIES HELLEMANS
Neetweg 24, 2220 Heist-Op- Den-Berg
03-05-2021 → present

Similar companies · same sector, comparable size

Of 8,459 companies in this sector we hold annual accounts for 3,237. 2,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded28-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42110Construction of roads and motorways
42911Civil engineering
43110Demolition
Contact
E-mail gunter.op.de.beeck@telenet.be
Phone 034824883
Fax 034821649
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 30 September 2026 · Peppol Directory

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