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GARY

Open bankruptcy
KBO/BCE: BE 0669.939.507

A bankruptcy procedure is open for GARY according to publications in the Belgian State Gazette; curator: OLIVIER GRAVY.

Summary

Inactive; last annual accounts for fiscal year 2018.

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 Liège, Namur division
Declared bankrupt
26 July 2022
Supervising judge
Bernard Doneux
Official Gazette
03-08-2022 (pdf) ↗search the document for 2022/129052

Deadlines

Appeal or third-party opposition until
passed on 18 August 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 August 2022art. XX.104 and XX.155 CEL
First verification report
passed on 5 September 2022Goods 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 26 July 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Olivier GravyChaussee De Dinant 1060, 5100 04 Wepiono.gravy@avocats-gravy.be

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

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 28-10-2019, 181 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2018
181 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2018 accounts 181 days after the deadline; the Belgian median for financial year 2018 is 2 days before the deadline, and 42% 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

History

GARY has filed annual accounts once, for fiscal year 2018.1 The company was declared bankrupt on 26 July 2022.2

  1. 1National Bank, annual accounts 2018
  2. 2Belgian State Gazette, 03-08-2022

Go further with this company

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

Financials · fiscal year 2018, full schema

Turnover
€147,886
EBIT margin
15.2%
Net result
€22,442
Working capital
€8,932
Balance-sheet composition
Assets €34,739
Fixed assets €25,593
Current assets €9,146
Equity and liabilities €35,657
Equity €35,442
Debt €214
Debt finances 0.6% of the balance-sheet total.
Key figures and ratios
2018 value
Current ratio
42.69
ROE
63.3%
ROA
62.9%
Debt ≤ 1 year
€214
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 22 lines
Balance sheet Code2018
Assets
Total assets20/58€35,657
Formation expenses20€918
Fixed assets21/28€25,593
Tangible fixed assets22/27€25,443
Financial fixed assets28€150
Current assets29/58€9,146
Amounts receivable within one year40/41€8,744
Cash at bank and in hand54/58€144
Equity and liabilities
Total equity and liabilities10/49€35,657
Equity10/15€35,442
Contributions10/11€13,000
Profit (loss) carried forward14€22,442
Amounts payable17/49€214
Amounts payable within one year42/48€214
Trade debts44€214
Income statement Code2018
Turnover70€147,886
Gross operating margin9900€23,533
Operating profit (loss)9901€22,457
Recurring financial charges65€14
Profit (loss) for the period before taxes9903€22,442
Profit (loss) for the period9904€22,442
Profit (loss) for the period to be appropriated9905€22,442
Line2018
Turnover70€147,886
Gross operating margin9900€23,533
Operating profit (loss)9901€22,457
Recurring financial charges65€14
Profit (loss) for the period before taxes9903€22,442
Profit (loss) for the period9904€22,442
Profit (loss) for the period to be appropriated9905€22,442
Line2018
Assets
Total assets20/58€35,657
Formation expenses20€918
Fixed assets21/28€25,593
Tangible fixed assets22/27€25,443
Financial fixed assets28€150
Current assets29/58€9,146
Amounts receivable within one year40/41€8,744
Cash at bank and in hand54/58€144
Equity and liabilities
Total equity and liabilities10/49€35,657
Equity10/15€35,442
Contributions10/11€13,000
Profit (loss) carried forward14€22,442
Amounts payable17/49€214
Amounts payable within one year42/48€214
Trade debts44€214
Line2018
Profit (loss) for the period9904€22,442
Operating cash flow (approximation)€22,442

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

Download as CSV

Timeline · acts, filings and financial milestones

2022
03-08
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 26-07-2022
2019
28-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 181 days late
SignalNBB filing
0 of 6 acts read
About the unread acts

We know of 6 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
6 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator OLIVIER GRAVY
CHAUSSEE DE DINANT 1060, 5100 04 WEPION
26-07-2022 → present