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KANISAN

Open bankruptcy
Private limited companyfounded 2018KBO/BCE: BE 0711.801.044

A bankruptcy procedure is open for KANISAN according to publications in the Belgian State Gazette; curator: DAMIEN RIDELLE.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €102,920 and a net result of €85,722.

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 Liège, Namur division
Declared bankrupt
26 December 2024
Supervising judge
Carine Peters, Michel Deneil
Official Gazette
02-01-2025 (pdf) ↗

Deadlines

Appeal or third-party opposition until
passed on 17 January 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 January 2025art. XX.104 and XX.155 CEL
First verification report
passed on 4 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 26 December 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Damien RidelleChaussee De Dinant 776, 5100 04 Wepion- . 37 Moniteur Belge — 02.01.2025 — Belgisch Staatsbladd.ridelle@avocat.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.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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.Creditor guide for this company

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Signals

Four 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 · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-10-2022, 87 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
87 d late
2020
8 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 37 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 17 October 2018, KANISAN was incorporated.1 Total assets went from EUR 38,845 in 2019 to EUR 194,294 in 2021.2 The company was declared bankrupt on 26 December 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 02-01-2025

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
€102,920▲ 711%
2020 · €12,698
Total assets
€194,294▲ 240%
2020 · €57,146
Net result
€85,722
2020 · -€3,588
Working capital
€97,203
2020 · -€11,820
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result€7,666--€3,407€86,178
Net result€7,666--€3,588below the sector's middle half€85,722above the sector's middle half
Equity€13,166-€12,698below the sector's middle half▼ 3.6%€102,920within the sector's middle half▲ 711%
Total assets€38,845-€57,146below the sector's middle half▲ 47.1%€194,294within the sector's middle half▲ 240%
Debt€25,679-€44,447▲ 73.1%€91,374▲ 106%
Working capital-€24,585--€11,820below the sector's middle half▲ 51.9%€97,203above the sector's middle half
Solvency33.9%-22.2%within the sector's middle half▼ 11.7pp53.0%within the sector's middle half▲ 30.8pp
Current ratio0.04-0.73below the sector's middle half▲ 0.692.06within the sector's middle half▲ 1.33
Return on assets (ROA)19.7%--6.3%below the sector's middle half▼ 26.0pp44.1%above the sector's middle half▲ 50.4pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2019: €7,666€7,666Net result 2019: €7,666€7,666Operating result 2020: -€3,407-€3,407Net result 2020: -€3,588-€3,588Operating result 2021: €86,178€86,178Net result 2021: €85,722€85,722201920202021-€25,000€0€25,000€50,000€75,000Operating result 2019: €7,666€7,670Net result 2019: €7,666€7,670Operating result 2020: -€3,407-€3,410Net result 2020: -€3,588-€3,590Operating result 2021: €86,178€86,200Net result 2021: €85,722€85,700201920202021
The operating result returns to profit in 2021: €86,178 after a loss of €3,407 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €194,294
Fixed assets €5,717 ▼ 76.7%
Current assets €188,577 ▲ 478%
Equity and liabilities €194,294
Equity €102,920 ▲ 711%
Debt €91,374 ▲ 106%
Debt's share of the balance-sheet total falls from 77.8% to 47.0%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€103,854▲
2020 · €12,801
Cash flow
€103,398▲
2020 · €12,620
Debt to equity
0.89
ROE
83.3%▲
2020 · -28.3%
Interest coverage
70.08
Debt ≤ 1 year
€91,374▲
2020 · €44,447
Staff costs
€56,672
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 · 2021 against 2020 · 32 lines
Balance sheet Code20202021
Assets
Total assets20/58€57,146€194,294▲
Fixed assets21/28€24,518€5,717▼
Tangible fixed assets22/27€24,209€5,333▼
Furniture and vehicles24-€5,333
Financial fixed assets28€309€384▲
Current assets29/58€32,628€188,577▲
Amounts receivable within one year40/41€15,422€173,787▲
Trade receivables40-€66,720
Other amounts receivable41-€107,067
Cash at bank and in hand54/58€17,206€14,790▼
Equity and liabilities
Total equity and liabilities10/49€57,146€194,294▲
Equity10/15€12,698€102,920▲
Contributions10/11-€13,120
Profit (loss) carried forward14€4,078€89,800▲
Amounts payable17/49€44,447€91,374▲
Amounts payable within one year42/48€44,447€91,374▲
Trade debts44€23,999€91,374▲
Suppliers440/4-€91,374
Income statement Code20202021
Remuneration, social security and pensions62-€56,672
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,208€17,676▲
Other operating charges640/8-€8,154
Gross operating margin9900€18,439€168,680▲
Operating profit (loss)9901-€3,407€86,178▲
Financial income75/76B-€1,026
Recurring financial income75-€1,026
Financial charges65/66B-€1,482
Recurring financial charges65€181€1,482▲
Profit (loss) for the period before taxes9903-€3,588€85,722▲
Profit (loss) for the period9904-€3,588€85,722▲
Profit (loss) for the period to be appropriated9905-€3,588€85,722▲
Appropriation of the result
Profit (loss) to be appropriated9906-€89,800
Profit (loss) brought forward from the previous period14P-€4,078

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62--€56,672-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,875€16,208€17,676▲ 9.1%
Other operating charges640/8--€8,154-
Gross operating margin9900€29,090€18,439€168,680▲ 815%
Operating profit (loss)9901€7,666-€3,407€86,178▲ 2,630%
Financial income75/76B--€1,026-
Recurring financial income75--€1,026-
Financial charges65/66B--€1,482-
Recurring financial charges65-€181€1,482▲ 719%
Profit (loss) for the period before taxes9903€7,666-€3,588€85,722▲ 2,489%
Profit (loss) for the period9904€7,666-€3,588€85,722▲ 2,489%
Profit (loss) for the period to be appropriated9905€7,666-€3,588€85,722▲ 2,489%
Line201920202021Change
Assets
Total assets20/58€38,845€57,146€194,294▲ 240%
Fixed assets21/28€37,751€24,518€5,717▼ 76.7%
Tangible fixed assets22/27€37,751€24,209€5,333▼ 78.0%
Furniture and vehicles24--€5,333-
Financial fixed assets28-€309€384▲ 24.3%
Current assets29/58€1,094€32,628€188,577▲ 478%
Amounts receivable within one year40/41€1,044€15,422€173,787▲ 1,027%
Trade receivables40--€66,720-
Other amounts receivable41--€107,067-
Cash at bank and in hand54/58€50€17,206€14,790▼ 14.0%
Equity and liabilities
Total equity and liabilities10/49€38,845€57,146€194,294▲ 240%
Equity10/15€13,166€12,698€102,920▲ 711%
Contributions10/11€5,500-€13,120-
Profit (loss) carried forward14€7,666€4,078€89,800▲ 2,102%
Amounts payable17/49€25,679€44,447€91,374▲ 106%
Amounts payable within one year42/48€25,679€44,447€91,374▲ 106%
Trade debts44€9,138€23,999€91,374▲ 281%
Suppliers440/4--€91,374-
Line201920202021Change
Profit (loss) for the period9904€7,666-€3,588€85,722▲ 2,489%
+ Depreciation and write-downs630€18,875€16,208€17,676▲ 9.1%
Operating cash flow (approximation)€26,541€12,620€103,398▲ 719%
Investment in fixed assets (approximation)--€2,975€1,125▲ 138%
Change in cash-€17,156-€2,416▼ 114%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
15-01
Bankruptcy Supervising judge replaced
Tribunal de l’entreprise de Liège, division Namur · event 08-01-2026
2025
02-01
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 26-12-2024
2024
13-12
KBO administration Address struck
Rue Haie Nicolas 31 L’adresse du siège Rue Haie Nicolas 31 5030 Die Sitzadresse Rue Haie Nicolas 31 5030 5030 Gembloux werd doorgehaald met ingang Gembloux · event 01-01-2024
2022
26-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
31-12
Financial Back to profitnet €85,722
Net result €85,722 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.06
Current ratio from 0.73 to 2.06.
31-12
Financial Equity above €100,000Eq €102,920 ▲711%
Equity rises from €12,698 to €102,920.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€3,588
Net result drops to -€3,588, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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
1 establishment unit since 2019
establishment The establishment unit on the map
Ground area
3,755 m²
Building footprint
831 m²
Volume, LiDAR
13,374 m³
Parcel 21815D0297/00Z003, Brussels · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ECO HABITAT BELGE
Manufacture of electrical equipment
since 20192.282.688.132
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0297/00Z003 Brussels 3,755 m² 1 · 831 m² 19.9 m · 5 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 DAMIEN RIDELLE
CHAUSSEE DE DINANT 776, 5100 04 WEPION- . 37 MONITEUR BELGE — 02.01.2025 — BELGISCH STAATSBLAD
26-12-2024 → present

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 13,121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
77110Renting and leasing of cars and light motor vehicles
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 29 September 2026 · Peppol Directory

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