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Join Groep

Open bankruptcy
Private limited companyfounded 2016Essenschotstraat(H) 8, 3980 Tessenderlo, BelgiumKBO/BCE: BE 0666.869.357

A bankruptcy procedure is open for Join Groep according to publications in the Belgian State Gazette; curator: PATRICK BUSSERS.

Summary

The 2019 annual accounts show equity of €15,669 and a net result of €4,457.

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 Antwerp, Hasselt division
Declared bankrupt
18 November 2021
Supervising judge
Marcel Tschoschia
Official Gazette
24-11-2021 (pdf) ↗search the document for 2021/141152

Curator

  • Patrick BussersVisserijstraat, 4, 3590 Diepen- Beekpatrick.bussers@bussersadvo.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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 05-06-2020, 56 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 56 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% 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

On 1 December 2016, Join Groep was incorporated.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2019.2 The company was declared bankrupt on 18 November 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 24-11-2021

Go further with this company

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

Financials · fiscal year 2019, micro schema

Equity
€15,669▲ 39.8%
2018 · €11,212
Total assets
€75,070▲ 6.7%
2018 · €70,355
Net result
€4,457▼ 57.4%
2018 · €10,458
Working capital
€113▼ 97.2%
2018 · €4,030
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€13,282-€4,966▼ 62.6%
Net result€10,458-€4,457▼ 57.4%
Equity€11,212-€15,669▲ 39.8%
Total assets€70,355-€75,070▲ 6.7%
Debt€59,143-€59,401▲ 0.4%
Working capital€4,030-€113▼ 97.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2018: €13,282€13,282Net result 2018: €10,458€10,458Operating result 2019: €4,966€4,966Net result 2019: €4,457€4,45720182019€0€5,000€10,000€15,000Operating result 2018: €13,282€13,300Net result 2018: €10,458€10,500Operating result 2019: €4,966€4,970Net result 2019: €4,457€4,46020182019
The operating result falls in 2019; 2019 is 63% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €75,070
Fixed assets €30,248 ▼ 3.4%
Current assets €44,822 ▲ 14.8%
Equity and liabilities €75,070
Equity €15,669 ▲ 39.8%
Debt €59,401 ▲ 0.4%
Debt's share of the balance-sheet total falls from 84.1% to 79.1%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€11,860▼
2018 · €18,399
Cash flow
€11,352▼
2018 · €15,575
Current ratio
1.00▼
2018 · 1.12
Quick ratio
0.98▼
2018 · 1.08
Debt to equity
0.94▼
2018 · 2.15
ROE
28.4%▼
2018 · 93.3%
ROA
5.9%▼
2018 · 14.9%
Debt ≤ 1 year
€44,710▲
2018 · €35,006
Debt > 1 year
€14,691▼
2018 · €24,138
Income taxes
€2,762▼
2018 · €3,026
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€70,355€75,070▲
Fixed assets21/28€31,320€30,248▼
Intangible fixed assets21€6,650€4,750▼
Tangible fixed assets22/27€24,670€25,498▲
Current assets29/58€39,035€44,822▲
Stocks and contracts in progress3€1,198€1,198=
Amounts receivable within one year40/41€28,457€36,740▲
Cash at bank and in hand54/58€8,339€3,469▼
Equity and liabilities
Total equity and liabilities10/49€70,355€75,070▲
Equity10/15€11,212€15,669▲
Contributions10/11€6,200€6,200=
Reserves13€5,012€9,469▲
Amounts payable17/49€59,143€59,401▲
Amounts payable after more than one year17€24,138€14,691▼
Amounts payable within one year42/48€35,006€44,710▲
Trade debts44€14,955€26,848▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,117€6,894▲
Gross operating margin9900€23,627€16,918▼
Operating profit (loss)9901€13,282€4,966▼
Recurring financial income75€1,042€3,416▲
Recurring financial charges65€841€1,162▲
Profit (loss) for the period before taxes9903€13,484€7,220▼
Income taxes67/77€3,026€2,762▼
Profit (loss) for the period9904€10,458€4,457▼
Profit (loss) for the period to be appropriated9905€10,458€4,457▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,117€6,894▲ 34.7%
Gross operating margin9900€23,627€16,918▼ 28.4%
Operating profit (loss)9901€13,282€4,966▼ 62.6%
Recurring financial income75€1,042€3,416▲ 228%
Recurring financial charges65€841€1,162▲ 38.2%
Profit (loss) for the period before taxes9903€13,484€7,220▼ 46.5%
Income taxes67/77€3,026€2,762▼ 8.7%
Profit (loss) for the period9904€10,458€4,457▼ 57.4%
Profit (loss) for the period to be appropriated9905€10,458€4,457▼ 57.4%
Line20182019Change
Assets
Total assets20/58€70,355€75,070▲ 6.7%
Fixed assets21/28€31,320€30,248▼ 3.4%
Intangible fixed assets21€6,650€4,750▼ 28.6%
Tangible fixed assets22/27€24,670€25,498▲ 3.4%
Current assets29/58€39,035€44,822▲ 14.8%
Stocks and contracts in progress3€1,198€1,198=
Amounts receivable within one year40/41€28,457€36,740▲ 29.1%
Cash at bank and in hand54/58€8,339€3,469▼ 58.4%
Equity and liabilities
Total equity and liabilities10/49€70,355€75,070▲ 6.7%
Equity10/15€11,212€15,669▲ 39.8%
Contributions10/11€6,200€6,200=
Reserves13€5,012€9,469▲ 88.9%
Amounts payable17/49€59,143€59,401▲ 0.4%
Amounts payable after more than one year17€24,138€14,691▼ 39.1%
Amounts payable within one year42/48€35,006€44,710▲ 27.7%
Trade debts44€14,955€26,848▲ 79.5%
Line20182019Change
Profit (loss) for the period9904€10,458€4,457▼ 57.4%
+ Depreciation and write-downs630€5,117€6,894▲ 34.7%
Operating cash flow (approximation)€15,575€11,352▼ 27.1%
Investment in fixed assets (approximation)--€5,822-
Change in cash--€4,870-

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

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Timeline · acts, filings and financial milestones

2021
24-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 18-11-2021
2020
05-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
10-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 253 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
Registered office, Tessenderlo
approximate (street level) On OpenStreetMap
Ground area
1.7 ha
Building footprint
9,179 m²
Volume, LiDAR
68,851 m³
Parcel 71363C0093/00H002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71363C0093/00H002 Flanders 1.7 ha 1 · 9,179 m² 10.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PATRICK BUSSERS
VISSERIJSTRAAT, 4, 3590 DIEPEN- BEEK
18-11-2021 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded01-12-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.