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KOEIAERT

Inactive
KBO/BCE: BE 0864.989.184

KOEIAERT was declared bankrupt on 04-10-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 10-03-2026, published in the Belgian State Gazette on 17-03-2026.

Summary

Inactive; last annual accounts for fiscal year 2021.

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Ghent
Opened
8 March 2022
Track
Reorganisation by amicable settlement
Docket number
20220005
Moratorium until
8 May 2022 (passed; an extension would be in a later judgment)
Delegated judge
Bertil Reunis
Official Gazette
14-03-2022 (pdf) ↗search the document for 2022/108760

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-06-2022 close31-01-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 02-02-2022, 2 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
2 d late
2020
152 d late
2019
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 45 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

Total assets fell from EUR 163,685 in 2019 to EUR 85,537 in 2021 and headcount from 9.9 to 2.3 full-time equivalents.1 On 4 October 2022 KOEIAERT was declared bankrupt; the bankruptcy was closed on 10 March 2026.23

  1. 1National Bank, annual accounts 2019 and 2021
  2. 2Belgian State Gazette, 13-10-2022
  3. 3Belgian State Gazette, 17-03-2026

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€10,091▲ 63.8%
2020 · -€27,884
Total assets
€85,537▼ 5.7%
2020 · €90,670
Net result
€17,793
2020 · -€62,818
Working capital
-€21,290▲ 42.7%
2020 · -€37,157
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
Line201920202021
Operating result€55,553--€56,185€23,620
Net result€30,812--€62,818€17,793
Equity€34,934--€27,884-€10,091▲ 63.8%
Total assets€163,685-€90,670▼ 44.6%€85,537▼ 5.7%
Debt€128,751-€118,554▼ 7.9%€95,627▼ 19.3%
Working capital€15,966--€37,157-€21,290▲ 42.7%
Staff (FTE)9.9-6.6▼ 33.3%2.3▼ 65.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2019: €55,553€55,553Net result 2019: €30,812€30,812Operating result 2020: -€56,185-€56,185Net result 2020: -€62,818-€62,818Operating result 2021: €23,620€23,620Net result 2021: €17,793€17,793201920202021-€100,000-€50,000€0€50,000Operating result 2019: €55,553€55,600Net result 2019: €30,812€30,800Operating result 2020: -€56,185-€56,200Net result 2020: -€62,818-€62,800Operating result 2021: €23,620€23,600Net result 2021: €17,793€17,800201920202021
The operating result returns to profit in 2021: €23,620 after a loss of €56,185 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €85,537
Fixed assets €25,000 ▼ 33.6%
Current assets €60,537 ▲ 14.2%
Key figures and ratios
2021 value · change against 2020
EBITDA
€36,151▲
2020 · -€44,766
Cash flow
€30,324▲
2020 · -€51,399
Solvency
-11.8%▲
2020 · -30.8%
Current ratio
0.74▲
2020 · 0.59
Quick ratio
0.67▲
2020 · 0.49
Debt to equity
-0.90▲
2020 · -0.91
ROA
20.8%▲
2020 · -69.3%
Debt ≤ 1 year
€81,827▼
2020 · €90,160
Debt > 1 year
€9,127▼
2020 · €25,510
Income taxes
€4
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 · 25 lines
Balance sheet Code20202021
Assets
Total assets20/58€90,670€85,537▼
Fixed assets21/28€37,667€25,000▼
Tangible fixed assets22/27€27,850€15,319▼
Financial fixed assets28€9,817€9,681▼
Current assets29/58€53,003€60,537▲
Stocks and contracts in progress3€9,225€6,082▼
Amounts receivable within one year40/41€6,693€7,931▲
Cash at bank and in hand54/58€35,457€46,524▲
Equity and liabilities
Total equity and liabilities10/49€90,670€85,537▼
Equity10/15-€27,884-€10,091▲
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€43,444-€25,651▲
Amounts payable17/49€118,554€95,627▼
Amounts payable after more than one year17€25,510€9,127▼
Amounts payable within one year42/48€90,160€81,827▼
Trade debts44€33,315€21,803▼
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,419€12,531▲
Gross operating margin9900€244,678€135,444▼
Operating profit (loss)9901-€56,185€23,620▲
Recurring financial income75-€87
Recurring financial charges65€6,633€5,910▼
Profit (loss) for the period before taxes9903-€62,818€17,797▲
Income taxes67/77-€4
Profit (loss) for the period9904-€62,818€17,793▲
Profit (loss) for the period to be appropriated9905-€62,818€17,793▲
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,875€11,419€12,531▲ 9.7%
Gross operating margin9900€478,772€244,678€135,444▼ 44.6%
Operating profit (loss)9901€55,553-€56,185€23,620▲ 142%
Recurring financial income75--€87-
Recurring financial charges65€4,372€6,633€5,910▼ 10.9%
Profit (loss) for the period before taxes9903€51,181-€62,818€17,797▲ 128%
Income taxes67/77€20,369-€4-
Profit (loss) for the period9904€30,812-€62,818€17,793▲ 128%
Profit (loss) for the period to be appropriated9905€30,812-€62,818€17,793▲ 128%
Line201920202021Change
Assets
Total assets20/58€163,685€90,670€85,537▼ 5.7%
Fixed assets21/28€27,198€37,667€25,000▼ 33.6%
Tangible fixed assets22/27€15,704€27,850€15,319▼ 45.0%
Financial fixed assets28€11,495€9,817€9,681▼ 1.4%
Current assets29/58€136,487€53,003€60,537▲ 14.2%
Stocks and contracts in progress3€8,725€9,225€6,082▼ 34.1%
Amounts receivable within one year40/41€85,601€6,693€7,931▲ 18.5%
Cash at bank and in hand54/58€40,271€35,457€46,524▲ 31.2%
Equity and liabilities
Total equity and liabilities10/49€163,685€90,670€85,537▼ 5.7%
Equity10/15€34,934-€27,884-€10,091▲ 63.8%
Contributions10/11€13,700---
Reserves13€1,860€1,860€1,860=
Profit (loss) carried forward14€19,374-€43,444-€25,651▲ 41.0%
Amounts payable17/49€128,751€118,554€95,627▼ 19.3%
Amounts payable after more than one year17€6,334€25,510€9,127▼ 64.2%
Amounts payable within one year42/48€120,521€90,160€81,827▼ 9.2%
Trade debts44€44,132€33,315€21,803▼ 34.6%
Line201920202021Change
Profit (loss) for the period9904€30,812-€62,818€17,793▲ 128%
+ Depreciation and write-downs630€11,875€11,419€12,531▲ 9.7%
Operating cash flow (approximation)€42,688-€51,399€30,324▲ 159%
Investment in fixed assets (approximation)--€21,888€136▲ 101%
Change in cash--€4,814€11,067▲ 330%

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

2026
17-03
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 10-03-2026
2022
13-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 04-10-2022
14-03
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · amicable agreement · event 08-03-2022
02-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 152 days late
30-06
Financial Back to profitnet €17,793
Net result €17,793 after one loss-making year.
2020
30-06
Financial Weakest financial yearnet -€62,818
Net result drops to -€62,818, the lowest in the series.
11-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
27-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 86 days late
2014
27-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 147 days late
2012
21-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
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

Insolvency mandates

1 mandate
Role Name Tenure
Curator LINSE DE LEEUW
BRUSSELSESTEENWEG 691, 9050 GENTBRUGGE
04-10-2022 → 10-03-2026

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,663 EUR awarded · 2,663 EUR paid
Year Entries awardedpaid
2022 1 2,663 EUR2,663 EUR
Schemes
1 entry · 2,663 EUR · 2,663 EUR paid · Departement Werk en Sociale Economie