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Hoorens Printing

Open bankruptcy
Public limited companyfounded 1960Ringlaan(Heu) 12, 8501 Kortrijk, BelgiumKBO/BCE: BE 0405.980.731
Summary

A bankruptcy procedure is open for Hoorens Printing according to publications in the Belgian Official Gazette. The 2019 annual accounts show equity of €5.0m and a net result of -€2.7m.

Hoorens PrintingOpen bankruptcy

Are you a creditor?

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
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
28 October 2020
Supervising judge
Ghislain Leroy
Official Gazette
04-11-2020 (pdf) ↗search the document for 2020/139987

Deadlines

Provisional date payments stopped
28 October 2020A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 19 November 2020Fifteen 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 27 November 2020art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 15 December 2020Reclaim 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 28 October 2021A 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

  • Carmen MatthijsOude Ieperstraat 4, 8560 Wevelgemcarmen.matthijs@admlaw.be
  • Nathalie Beer- NaertDammestraat-West 6, 8800 Roeselarenathalie.beernaert@advocaat.be

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
Other printing
NACE 18120
1 site
Size
€30.7mturnover 2019
Staff
78.5 FTE
Equity
€5.0m
Loss
-€2.7m
Financial health
Open bankruptcy: no score
Structure
Largest shareholder
CHYVMAR · 37.57%
0 of 13 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow 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 · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 23-10-2020, 84 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2019
84 days late
2018
27 days late
2017
26 days early
2016
52 days early
2015
41 days early
2014
15 days early
2013
14 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 5 days before the deadline; the sector median (NACE 18) for financial year 2019 is 1 day before the deadline, and 45% 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, Kortrijk…
  2. Annual accounts filedfinancial year 2019 · full…
  3. Annual accounts filedfinancial year 2018 · full…

Key points

  • Risk: Declared bankrupttrustee: Carmen Matthijs 28-10-2020 View
  • Caution: Result fell in 2019from -€1.3m to -€2.7m ▼ 106% View
  • Turnover 20192 financial years filed €30.7m View

By topic

Financials

Financial year
2019
Turnover
€30.7m
Loss
-€2.7m
Solvency
20.4%
Turnover▼ 4.0%
Net result
20182019
Go to Financials

Timeline

Events
43
Since
1978
  1. 05-07-2018Annual accounts filed
  2. 09-06-2017Annual accounts filed
  3. 20-06-2016Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other printingNACE 18120
Founded
20-05-1960
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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