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GREEN WHEELS

Open bankruptcy
Private limited companyfounded 2014Waterloosesteenweg 789, 1180 Ukkel, BelgiumKBO/BCE: BE 0507.845.577

A bankruptcy procedure is open for GREEN WHEELS according to publications in the Belgian Official Gazette; trustee: Yannick Alsteens.

Summary

The 2021 annual accounts show equity of €146,665 and a net result of €74,772.

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GREEN WHEELSOpen bankruptcy
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Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
29 June 2023
Supervising judge
Renaud Witmeur
Official Gazette
11-07-2023 (pdf) ↗search the document for 2023/128528

Deadlines

Appeal or third-party opposition until
passed on 26 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 29 July 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 August 2023Reclaim 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 29 June 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Yannick AlsteensRue Du Panier Vert 70, 1400 Nivellesyannick.alsteens@novalis.law

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow 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 bicycles
NACE 47632
2 sites
Size
≈ €3.7mturnover 2021, estimated
Staff
10.2 FTE
Equity
€146,665
Profit
€74,772
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
Holdings
1
3 of 9 deeds summarised
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
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 31-12-2021 was due by 31-07-2022 and was filed on 25-07-2022, 6 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2021
6 days early
2020
59 days late
2019
on the day
2018
2 days early
2017
41 days early
2016
25 days late
2015
16 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 3 days after the deadline; the sector median (NACE 47) for financial year 2021 is 2 days after the deadline, and 51% 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. OpeningFrench-language Enterprise Court of Brussels…
  2. Resignations: Antoine ATTOUT (director) and Thomas…Gazette deed
  3. Resignation: Oliver DE SCHUTTER (director)Gazette deed

Key points

  • Risk: Declared bankrupttrustee: Yannick Alsteens 29-06-2023 View
  • Positive: Result rose in 2021from €14,500 to €74,772 ▲ 416% View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2021
Total assets
€1.4m
Profit
€74,772
Solvency
10.8%
Total assets▲ 230%
Net result
20192021
Go to Financials

Timeline

Events
13
Since
2016
  1. 25-07-2022Annual accounts filed
  2. 24-06-2022Appointment: DE SCHUTTER Olivier (administrateur gérant)
  3. 31-12-2021Highest result from 2019 to 2021
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of bicyclesNACE 47632
Founded
31-12-2014
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about GREEN WHEELS

What is the company number of GREEN WHEELS?
0507.845.577. In Belgium the VAT number is the company number with BE in front: BE 0507.845.577.
Where was GREEN WHEELS based?
The last known address of the registered office is Waterloosesteenweg 789, 1180 Ukkel.Company details
What does GREEN WHEELS do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of GREEN WHEELS?
Private limited company (BV).
When was GREEN WHEELS founded?
On 31-12-2014.
Is GREEN WHEELS still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did GREEN WHEELS have?
On average 10.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of GREEN WHEELS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GREEN WHEELS profitable?
In financial year 2021, GREEN WHEELS made a profit of €74,772.
Where can I find the annual accounts of GREEN WHEELS?
GREEN WHEELS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

Companies related to GREEN WHEELS

Go further with this company

What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?Company as of a date How is this company connected to another party?Network investigator 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 retail sale of bicycles sector doing?Sector figures

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