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K-Creation & PRODUCTION

Open bankruptcy
Public limited companyfounded 1982Havenlaan 86C, 1000 Brussel, Belgium231 active companies are registered at this addressKBO/BCE: BE 0422.630.384

A bankruptcy procedure is open for K-Creation & PRODUCTION according to publications in the Belgian Official Gazette; trustee: Emmanuelle Bouillon.

Summary

The 2023 annual accounts show equity of €404,259 and a net result of -€1.2m.

K-Creation & PRODUCTIONOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
25 April 2025
Supervising judge
Daniel Kroes
Official Gazette
02-05-2025 (pdf) ↗search the document for 2025/118546

Deadlines

Appeal or third-party opposition until
passed on 17 May 2025Fifteen 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 25 May 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 4 June 2025Reclaim 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 25 April 2026A 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

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
Advertising agencies
NACE 73110
1 site
Size
€3.5mtotal assets 2023
Staff
33.9 FTE
Equity
€404,259
Loss
-€1.2m
Financial health
Open bankruptcy: no score
Structure
Largest shareholder
THD&CO · 50%
Holdings
2
  • E.M.K MANAGEMENT SRLDirector · permanent representative Bassem Ehab Moustafa Kamel
  • JOGRADirector · permanent representative Joachim De Bue
2 of 17 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 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 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
2023
22 days late
2022
25 days late
2021
50 days late
2020
66 days late
2019
39 days late
2018
58 days early
2017
57 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 12 days after the deadline; the sector median (NACE 73) for financial year 2023 is 5 days before the deadline, and 38% 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. Appointments: E.M.K MANAGEMENT SRL (director) and…Permanent representatives: Bassem Ehab Moustafa…
  3. NameName change · Capital ·…

Key points

  • Risk: Declared bankrupttrustee: Emmanuelle Bouillon 25-04-2025 View
  • Caution: From profit to loss in 2023after €419,668 in 2022 -€1.2m View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2023
Total assets
€3.5m
Loss
-€1.2m
Solvency
11.6%
Turnover▲ 8.4%
Net result
20182021
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
THD&CO · 50%
  • E.M.K MANAGEMENT SRLDirector
  • JOGRADirector
Go to Board & ownership

Timeline

Events
46
Since
1984
  1. 22-08-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 25-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Advertising agenciesNACE 73110
Founded
17-03-1982
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

Articles of association

Provisions read
46
Who signs
Two directors jointly
Financial year
From 1 September to 31 August
Annual meeting
Last Friday of January at 10:00
Go to Articles of association

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