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KIOZONE

Open bankruptcy
Private limited company (pre-2019)founded 2014Rue de Nivelles 10, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0564.729.248

A bankruptcy procedure is open for KIOZONE according to publications in the Belgian State Gazette; curator: ELEONORE WESTERLINCK.

Summary

The 2021 annual accounts show negative equity (-€77,792) and a net result of €1,046.

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 Walloon Brabant
Declared bankrupt
27 March 2025
Supervising judge
Philippe Andrianne
Official Gazette
02-04-2025 (pdf) ↗search the document for 2025/113866

Curator

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 · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-09-2022, 60 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
60 d late
2020
86 d late
2019
153 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 100 days after 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

KIOZONE was incorporated on 8 October 2014.1 Total assets went from EUR 53,973 in 2018 to EUR 51,469 in 2021.2 On 27 March 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 02-04-2025

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
-€77,792▲ 1.3%
2020 · -€78,838
Total assets
€51,469▲ 74.9%
2020 · €29,425
Net result
€1,046
2020 · -€6,863
Working capital
-€3,488▲ 87.3%
2020 · -€27,550
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
Line2018201920202021
Operating result€27,493-€8,158▼ 70.3%-€6,175€2,772
Net result€20,715-€3,805▼ 81.6%-€6,863€1,046
Equity-€75,779--€71,974▲ 5.0%-€78,838▼ 9.5%-€77,792▲ 1.3%
Total assets€53,973-€32,533▼ 39.7%€29,425▼ 9.6%€51,469▲ 74.9%
Debt€129,753-€104,507▼ 19.5%€108,263▲ 3.6%€129,260▲ 19.4%
Working capital-€13,034--€18,760▼ 43.9%-€27,550▼ 46.9%-€3,488▲ 87.3%
Staff (FTE)1.4-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2018: €27,493€27,493Net result 2018: €20,715€20,715Operating result 2019: €8,158€8,158Net result 2019: €3,805€3,805Operating result 2020: -€6,175-€6,175Net result 2020: -€6,863-€6,863Operating result 2021: €2,772€2,772Net result 2021: €1,046€1,0462018201920202021-€10,000-€5,000€0€5,000€10,000Operating result 2019: €8,158€8,160Net result 2019: €3,805€3,800Operating result 2020: -€6,175-€6,170Net result 2020: -€6,863-€6,860Operating result 2021: €2,772€2,770Net result 2021: €1,046€1,050201920202021
The operating result returns to profit in 2021: €2,772 after a loss of €6,175 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €51,469
Fixed assets €2,229 ▼ 13.7%
Current assets €49,240 ▲ 83.5%
Key figures and ratios
2021 value · change against 2020
EBITDA
€2,912▲
2020 · -€5,901
Cash flow
€1,186▲
2020 · -€6,590
Solvency
-151.1%▲
2020 · -267.9%
Current ratio
0.93▲
2020 · 0.49
Quick ratio
0.72▲
2020 · 0.42
Debt to equity
-1.66▼
2020 · -0.68
ROA
2.0%▲
2020 · -23.3%
Interest coverage
1.68
Debt ≤ 1 year
€52,727▼
2020 · €54,390
Debt > 1 year
€75,953▲
2020 · €53,873
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 · 39 lines
Balance sheet Code20202021
Assets
Total assets20/58€29,425€51,469▲
Fixed assets21/28€2,584€2,229▼
Tangible fixed assets22/27€619€479▼
Furniture and vehicles24-€479
Financial fixed assets28€1,965€1,750▼
Current assets29/58€26,841€49,240▲
Stocks and contracts in progress3€4,207€11,440▲
Stocks30/36-€11,440
Amounts receivable within one year40/41€13,733€28,354▲
Trade receivables40-€13,860
Other amounts receivable41-€14,494
Cash at bank and in hand54/58€8,560€9,445▲
Equity and liabilities
Total equity and liabilities10/49€29,425€51,469▲
Equity10/15-€78,838-€77,792▲
Contributions10/11-€11,700
Profit (loss) carried forward14-€90,538-€89,492▲
Amounts payable17/49€108,263€129,260▲
Amounts payable after more than one year17€53,873€75,953▲
Financial debts170/4-€75,953
Amounts payable within one year42/48€54,390€52,727▼
Current portion of amounts payable after more than one year42-€3,406
Financial debts43-€25,000
Other loans439-€25,000
Trade debts44€26,685€24,322▼
Suppliers440/4-€24,322
Accrued charges and deferred income492/3-€580
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€274€140▼
Other operating charges640/8-€222
Gross operating margin9900-€5,901€3,134▲
Operating profit (loss)9901-€6,175€2,772▲
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B-€1,732
Recurring financial charges65€689€1,732▲
Profit (loss) for the period before taxes9903-€6,863€1,046▲
Profit (loss) for the period9904-€6,863€1,046▲
Profit (loss) for the period to be appropriated9905-€6,863€1,046▲
Appropriation of the result
Profit (loss) to be appropriated9906--€89,492
Profit (loss) brought forward from the previous period14P--€90,538

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,831€1,006€274€140▼ 48.9%
Other operating charges640/8---€222-
Gross operating margin9900€103,010€24,639-€5,901€3,134▲ 153%
Operating profit (loss)9901€27,493€8,158-€6,175€2,772▲ 145%
Financial income75/76B---€7-
Recurring financial income75€2€5-€7-
Financial charges65/66B---€1,732-
Recurring financial charges65€6,780€4,358€689€1,732▲ 152%
Profit (loss) for the period before taxes9903€20,715€3,805-€6,863€1,046▲ 115%
Profit (loss) for the period9904€20,715€3,805-€6,863€1,046▲ 115%
Profit (loss) for the period to be appropriated9905€20,715€3,805-€6,863€1,046▲ 115%
Line2018201920202021Change
Assets
Total assets20/58€53,973€32,533€29,425€51,469▲ 74.9%
Fixed assets21/28€3,164€2,158€2,584€2,229▼ 13.7%
Tangible fixed assets22/27€1,199€193€619€479▼ 22.6%
Furniture and vehicles24---€479-
Financial fixed assets28€1,965€1,965€1,965€1,750▼ 10.9%
Current assets29/58€50,809€30,375€26,841€49,240▲ 83.5%
Stocks and contracts in progress3--€4,207€11,440▲ 172%
Stocks30/36---€11,440-
Amounts receivable within one year40/41€38,965€25,765€13,733€28,354▲ 106%
Trade receivables40---€13,860-
Other amounts receivable41---€14,494-
Cash at bank and in hand54/58€11,631€4,039€8,560€9,445▲ 10.3%
Equity and liabilities
Total equity and liabilities10/49€53,973€32,533€29,425€51,469▲ 74.9%
Equity10/15-€75,779-€71,974-€78,838-€77,792▲ 1.3%
Contributions10/11€11,700€11,700-€11,700-
Profit (loss) carried forward14-€87,479-€83,674-€90,538-€89,492▲ 1.2%
Amounts payable17/49€129,753€104,507€108,263€129,260▲ 19.4%
Amounts payable after more than one year17€65,910€55,373€53,873€75,953▲ 41.0%
Financial debts170/4---€75,953-
Amounts payable within one year42/48€63,843€49,135€54,390€52,727▼ 3.1%
Current portion of amounts payable after more than one year42---€3,406-
Financial debts43---€25,000-
Other loans439---€25,000-
Trade debts44€53,570€40,734€26,685€24,322▼ 8.9%
Suppliers440/4---€24,322-
Accrued charges and deferred income492/3---€580-
Line2018201920202021Change
Profit (loss) for the period9904€20,715€3,805-€6,863€1,046▲ 115%
+ Depreciation and write-downs630€1,831€1,006€274€140▼ 48.9%
Operating cash flow (approximation)€22,545€4,811-€6,590€1,186▲ 118%
Investment in fixed assets (approximation)-€0-€700€215▲ 131%
Change in cash--€7,593€4,521€885▼ 80.4%

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

2025
02-04
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 27-03-2025
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial Back to profitnet €1,046
Net result €1,046 after one loss-making year.
25-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial Weakest financial yearnet -€6,863
Net result drops to -€6,863, the lowest in the series.
31-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
24-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
2018
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
27-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 88 days late
2016
20-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 81 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Braine-le-Château · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
132 m²
Building footprint
128 m²
Volume, LiDAR
1,202 m³
Parcel 25015A0397/00T002, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Allo Tranfrorm
Rue de Nivelles 10, 1440 Braine-le-ChâteauPrinting and reproduction of recorded media
since 20142.235.713.309
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015A0397/00T002 Wallonia 132 m² 1 · 128 m² 11.4 m · 3 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 ELEONORE WESTERLINCK
RUE DE SAINT GHIS- LAIN 11, 1348 LOUVAIN-LA-NEUVE
27-03-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-2014
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.