INFINITY MULTISERVICES

Inactive

KBO/BCE: BE 0845.125.861

INFINITY MULTISERVICES was declared bankrupt on 28-09-2020 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 20-02-2023, published in the Belgian State Gazette on 08-05-2023.

Summary

Inactive; last annual accounts for fiscal year 2018.

Watch Report

INFINITY MULTISERVICESInactive

Report

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court: Enterprise Court of Hainaut
Opened: 4 November 2019
Track: Reorganisation by collective agreement
Docket number: 20190025
Moratorium until: 4 April 2020 (passed; an extension would be in a later judgment)
Creditors' vote: 30 March 2020
Delegated judge: Patrick Fichefet
Official Gazette: 13-11-2019 (pdf) ↗search the document for 2019/156716

What to do now

Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

Activity

Activity not known

Size

€377,491total assets 2018

Staff: 4.1 FTE
Equity: €60,268
Profit: €10,292

Turnover not published (abridged schema)

Financial health

Inactive: no score

Structure

Parent: 2MB · 99.65%

Accounts 2255 d overdue0 of 4 deeds read

Signals- In judicial reorganisationNo filing for yearsA punctual record breaksShow the evidence

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 7 filings

Position against the passed deadline

31-12-2019 close31-07-2020 deadline03-10-2026 today

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 29-08-2019, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 7 filings

Deviation from the deadline

2018

29 d late

2017

18 d early

2016

13 d early

2015

13 d early

2014

18 d early

2013

39 d late

2012

42 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days before 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)

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

08-05-23 Bankruptcy closure (insufficient assets)Tribunal de l’entreprise du Hainaut…
02-10-20 OpeningTribunal de l’entreprise du Hainaut…
13-11-19 OpeningTribunal de l’entreprise du Hainaut…

Key points

Risk: In judicial reorganisationcreditors: see the procedure below 04-11-2019 View
Controlled by 2MB 99.65% View
Total assets 2018first fiscal year filed €377,491 View