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KIPAX

Open bankruptcy
Private limited companyfounded 2022Rue Paul Pastur 74b, 6042 Charleroi, BelgiumKBO/BCE: BE 0787.165.985

A bankruptcy procedure is open for KIPAX according to publications in the Belgian State Gazette; curator: ALAIN FIASSE.

Summary

The 2023 annual accounts show negative equity (-€181) and a net result of €87.

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 Hainaut, Charleroi division
Declared bankrupt
29 September 2025
Supervising judge
Marianne Lallemand
Official Gazette
03-10-2025 (pdf) ↗search the document for 2025/139738

Deadlines

Provisional date payments stopped
29 September 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 18 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 29 October 2025art. XX.104 and XX.155 CEL
First verification report
passed on 26 November 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
29 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Alain FiasseRue Tumelaire, 23/31, 6000 Char- Leroi- . Date provisoire de cessation de paiement : 29/09/2025avocat-fiasse@skynet.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

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 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 10 June 2022, KIPAX was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 The company was declared bankrupt on 29 September 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 03-10-2025

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
-€181▲ 32.5%
2022 · -€269
Total assets
€56,540▲ 4.5%
2022 · €54,107
Net result
€87
2022 · -€5,269
Working capital
-€15,261▲ 21.8%
2022 · -€19,511
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20222023
Operating result-€4,403-€2,130
Net result-€5,269below the sector's middle half-€87within the sector's middle half
Equity-€269below the sector's middle half--€181below the sector's middle half▲ 32.5%
Total assets€54,107below the sector's middle half-€56,540below the sector's middle half▲ 4.5%
Debt€54,376-€56,721▲ 4.3%
Working capital-€19,511below the sector's middle half--€15,261below the sector's middle half▲ 21.8%
Solvency-0.5%below the sector's middle half--0.3%below the sector's middle half▲ 0.2pp
Current ratio0.64below the sector's middle half-0.73below the sector's middle half▲ 0.09
Return on assets (ROA)-9.7%below the sector's middle half-0.2%within the sector's middle half▲ 9.9pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, 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
-€6,000-€4,000-€2,000€0€2,000Operating result 2022: -€4,403-€4,403Net result 2022: -€5,269-€5,269Operating result 2023: €2,130€2,130Net result 2023: €87€8720222023-€6,000-€4,000-€2,000€0€2,000Operating result 2022: -€4,403-€4,400Net result 2022: -€5,269-€5,270Operating result 2023: €2,130€2,130Net result 2023: €87€8720222023
The operating result returns to profit in 2023: €2,130 after a loss of €4,403 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €53,497
Fixed assets €12,037 ▼ 21.4%
Current assets €41,460 ▲ 18.9%
Key figures and ratios
2023 value · change against 2022
EBITDA
€6,652▲
2022 · -€2,116
Cash flow
€4,609▲
2022 · -€2,982
Quick ratio
0.18▲
2022 · 0.14
Interest coverage
3.49▲
2022 · -2.24
Debt ≤ 1 year
€56,721▲
2022 · €54,376
Equity ratios withheld: equity of -€181 is too small for a meaningful ratio.
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 · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€54,107€56,540▲
Formation expenses20€3,927€3,042▼
Fixed assets21/28€15,316€12,037▼
Tangible fixed assets22/27€15,316€12,037▼
Plant, machinery and equipment23€11,233€8,733▼
Furniture and vehicles24€4,083€3,304▼
Current assets29/58€34,865€41,460▲
Stocks and contracts in progress3€27,152€31,157▲
Stocks30/36€27,152€31,157▲
Amounts receivable within one year40/41€6,047€7,684▲
Trade receivables40€6,047€7,684▲
Cash at bank and in hand54/58€1,482€2,416▲
Deferred charges and accrued income490/1€183€203▲
Equity and liabilities
Total equity and liabilities10/49€54,107€56,540▲
Equity10/15-€269-€181▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€5,269-€5,181▲
Amounts payable17/49€54,376€56,721▲
Amounts payable within one year42/48€54,376€56,721▲
Financial debts43€4,746€9,135▲
Credit institutions430/8€4,746€9,135▲
Trade debts44€42,481€41,787▼
Suppliers440/4€42,481€41,787▼
Advances received on contracts in progress46€1,464€1,094▼
Taxes, remuneration and social security45€1,197€4,081▲
Taxes450/3€1,197€4,081▲
Other amounts payable47/48€4,489€625▼
Income statement Code20222023
Non-recurring operating income76A-€1,225
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,287€4,521▲
Other operating charges640/8€46€477▲
Gross operating margin9900-€2,071€7,128▲
Operating profit (loss)9901-€4,403€2,130▲
Financial income75/76B€79€355▲
Recurring financial income75€79€355▲
Financial charges65/66B€945€2,398▲
Recurring financial charges65€945€1,908▲
Non-recurring financial charges66B-€489
Profit (loss) for the period before taxes9903-€5,269€87▲
Profit (loss) for the period9904-€5,269€87▲
Profit (loss) for the period to be appropriated9905-€5,269€87▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,269-€5,181▲
Profit (loss) brought forward from the previous period14P--€5,269

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Non-recurring operating income76A-€1,225-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,287€4,521▲ 97.7%
Other operating charges640/8€46€477▲ 947%
Gross operating margin9900-€2,071€7,128▲ 444%
Operating profit (loss)9901-€4,403€2,130▲ 148%
Financial income75/76B€79€355▲ 349%
Recurring financial income75€79€355▲ 349%
Financial charges65/66B€945€2,398▲ 154%
Recurring financial charges65€945€1,908▲ 102%
Non-recurring financial charges66B-€489-
Profit (loss) for the period before taxes9903-€5,269€87▲ 102%
Profit (loss) for the period9904-€5,269€87▲ 102%
Profit (loss) for the period to be appropriated9905-€5,269€87▲ 102%
Line20222023Change
Assets
Total assets20/58€54,107€56,540▲ 4.5%
Formation expenses20€3,927€3,042▼ 22.5%
Fixed assets21/28€15,316€12,037▼ 21.4%
Tangible fixed assets22/27€15,316€12,037▼ 21.4%
Plant, machinery and equipment23€11,233€8,733▼ 22.3%
Furniture and vehicles24€4,083€3,304▼ 19.1%
Current assets29/58€34,865€41,460▲ 18.9%
Stocks and contracts in progress3€27,152€31,157▲ 14.7%
Stocks30/36€27,152€31,157▲ 14.7%
Amounts receivable within one year40/41€6,047€7,684▲ 27.1%
Trade receivables40€6,047€7,684▲ 27.1%
Cash at bank and in hand54/58€1,482€2,416▲ 63.1%
Deferred charges and accrued income490/1€183€203▲ 10.7%
Equity and liabilities
Total equity and liabilities10/49€54,107€56,540▲ 4.5%
Equity10/15-€269-€181▲ 32.5%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€5,269-€5,181▲ 1.7%
Amounts payable17/49€54,376€56,721▲ 4.3%
Amounts payable within one year42/48€54,376€56,721▲ 4.3%
Financial debts43€4,746€9,135▲ 92.5%
Credit institutions430/8€4,746€9,135▲ 92.5%
Trade debts44€42,481€41,787▼ 1.6%
Suppliers440/4€42,481€41,787▼ 1.6%
Advances received on contracts in progress46€1,464€1,094▼ 25.3%
Taxes, remuneration and social security45€1,197€4,081▲ 241%
Taxes450/3€1,197€4,081▲ 241%
Other amounts payable47/48€4,489€625▼ 86.1%
Line20222023Change
Profit (loss) for the period9904-€5,269€87▲ 102%
+ Depreciation and write-downs630€2,287€4,521▲ 97.7%
Operating cash flow (approximation)-€2,982€4,609▲ 255%
Investment in fixed assets (approximation)--€1,243-
Change in cash-€935-

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
03-10
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 29-09-2025
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €87
Net result €87 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 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, Charleroi · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
349 m²
Building footprint
23 m²
Parcel 52040B0171/00N008, Wallonia. Linked by address, not a title deed.
1 establishment unit
KIPAX
Rue Paul Pastur 74b, 6042 CharleroiCrop and animal production, hunting and related service activities
since 20222.332.441.907
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52040B0171/00N008 Wallonia 349 m² 1 · 23 m² -
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 ALAIN FIASSE
RUE TUMELAIRE, 23/31, 6000 CHAR- LEROI- . Date provisoire de cessation de paiement : 29/09/2025
29-09-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Charleroi2.332.441.907
1 permission
Detailhandelaar petfood · since 10-06-2022

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,330 companies in sector 47762 we hold annual accounts for 479. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47762Retail sale of pets, pet food and pet supplies
47120Other non-specialised retail sale
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Contact
Website www.kipax.be
E-mail contact@kipax.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787165985
Also 9925:BE0787165985
Registered 18-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

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