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I&O-auctions

In bankruptcy Private limited company (pre-2019)founded 2011KBO/BCE: BE 0832.572.972 subsidiary of I&O Holding BVBA

Information for creditors

Enterprise Court of Antwerp, Turnhout division · Official Gazette of 13-04-2021
Appeal or third-party opposition 28-04-2021Filing the claim in RegSol 06-05-2021First verification report 18-05-2021Late claim 06-04-2022

Trustee: Geert Naulaerts. 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.

Lifetime

8 annual accounts with figures on one time axis
peak €223,365 (2013)
€104,850▲ 130%
lowest -€12,041 (2012)
-€7,081▲ €3,687
peak €50,788 (2012)
€5,069▼ 58.3%
€2.0m▲ 4.7%
peak 1.7 FTE (2018)
1.7 FTE 
Board2 names since 2020
- 
Owners
Documentsfilings and deeds
08-09-2020405 days late
2018abbreviated format
Gross margin from €45,624 to €104,850Loss of €7,081Registered office moved to Turnhout 05-07Equity from €12,151 to €5,069Cash from €528,330 to €277,578

Key points

from the 2018 annual accounts, the last ones filed

Debts

€2.0m 100% of the balance sheet
After one year 5%Within one year 95%

Of this, €1.9m falls due within a year.

Filings

8 annual accounts 8 late
AprilJune31 JulyOctober2015

The 2018 accounts came latest: 405 days after the end of the period.

No score

Board and ownership

last known board
IH
Director, until 2020
VD
Director, last mentioned in 2020
Board & ownership

Recent changes

Date of cessation of payments moved back Enterprise Court of Antwerp, Turnhout division · judgment of 18-01-2022 · Bankruptcy
PRINCE BROERS at this address Establishment
Bankruptcy published Enterprise Court of Antwerp, Turnhout division · judgment of 06-04-2021 · Bankruptcy
Resignations & appointments Gazette deed
All 21 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-04-2021
Legal form
Private limited company (pre-2019)
Activity
Agents in non-specialised wholesale tradeNACE 46190
Establishment unit
2.196.099.202since 07-01-2011
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

≈ €400,000estimated
€2.0m
Filing
Filed on 08-09-2020
Financials

Insights on I&O-auctions

Equity fell from €50,788 in 2012 to €5,069 in 2018, while debts rose from €297,900 to €2.0m.

On 6 April 2021 the court declared I&O-auctions bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about I&O-auctions

What is the company number of I&O-auctions?
The company number of I&O-auctions is 0832.572.972. The VAT number is the same number with BE in front: BE 0832.572.972.
What does I&O-auctions do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of I&O-auctions?
I&O-auctions is a private limited company (pre-2019) (BVBA).
When was I&O-auctions founded?
I&O-auctions was founded on 05-01-2011.
Is I&O-auctions still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
How many employees did I&O-auctions have?
I&O-auctions had an average of 1.7 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of I&O-auctions?
The turnover in financial year 2018 is ≈ €400,000. This figure is estimated from the gross margin of €104,850 and 31 comparable companies (NACE 461). It probably lies between €180,000 and €960,000.
Is I&O-auctions profitable?
In financial year 2018, I&O-auctions made a loss of €7,081.
Where can I find the annual accounts of I&O-auctions?
I&O-auctions filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2018.

Next steps

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