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KOLU

Open bankruptcy
Public limited companyfounded 2017KBO/BCE: BE 0680.915.353

A bankruptcy procedure is open for KOLU according to publications in the Belgian State Gazette; curator: CATHéRINE LANNOY.

Summary

The file additionally contains 2 judicial reorganisation notices and 1 administrative flag. The 2023 annual accounts show equity of €320,505 and a net result of €78,187.

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 Antwerp, Antwerp division
Declared bankrupt
22 August 2024
Supervising judge
Thierry Van Coppenolle
Official Gazette
28-08-2024 (pdf) ↗search the document for 2024/133000

Deadlines

Provisional date payments stopped
22 August 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 12 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 September 2024art. XX.104 and XX.155 CEL
First verification report
passed on 18 October 2024Goods 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 22 August 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

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.

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 30-06-2023 was due by 31-01-2024 and was filed on 09-02-2024, 9 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 · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
9 d late
2022
37 d late
2021
166 d early
2020
55 d early
2019
59 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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 12 September 2017, KOLU was incorporated.1 Total assets went from EUR 78,062 in 2019 to EUR 1.2 million in 2023.2 The company was declared bankrupt on 22 August 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 28-08-2024

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
€320,505▲ 32.3%
2022 · €242,318
Total assets
€1.2m▲ 18.7%
2022 · €992,652
Net result
€78,187▲ 21,056%
2022 · €370
Working capital
€497,903▲ 74.7%
2022 · €284,975
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20192020202120222023
Operating result€57,259-€27,485▼ 52.0%€279,061▲ 915%€47,805▼ 82.9%€115,420▲ 141%
Net result€35,750-€13,563within the sector's middle half▼ 62.1%€173,290above the sector's middle half▲ 1,178%€370below the sector's middle half▼ 99.8%€78,187above the sector's middle half▲ 21,056%
Equity€55,096-€68,659within the sector's middle half▲ 24.6%€241,949above the sector's middle half▲ 252%€242,318above the sector's middle half▲ 0.2%€320,505above the sector's middle half▲ 32.3%
Total assets€78,062-€199,062within the sector's middle half▲ 155%€948,683above the sector's middle half▲ 377%€992,652above the sector's middle half▲ 4.6%€1.2mabove the sector's middle half▲ 18.7%
Debt€22,966-€130,404▲ 468%€706,734▲ 442%€750,334▲ 6.2%€857,794▲ 14.3%
Working capital€56,072-€69,087▲ 23.2%€282,800▲ 309%€284,975▲ 0.8%€497,903▲ 74.7%
Solvency70.6%-34.5%within the sector's middle half▼ 36.1pp25.5%below the sector's middle half▼ 9.0pp24.4%below the sector's middle half▼ 1.1pp27.2%within the sector's middle half▲ 2.8pp
Staff (FTE)31.4▼ 53.3%
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
€0€100,000€200,000€300,000Operating result 2019: €57,259€57,259Net result 2019: €35,750€35,750Operating result 2020: €27,485€27,485Net result 2020: €13,563€13,563Operating result 2021: €279,061€279,061Net result 2021: €173,290€173,290Operating result 2022: €47,805€47,805Net result 2022: €370€370Operating result 2023: €115,420€115,420Net result 2023: €78,187€78,18720192020202120222023€0€100,000€200,000€300,000Operating result 2021: €279,061€279,000Net result 2021: €173,290€173,000Operating result 2022: €47,805€47,800Net result 2022: €370€370Operating result 2023: €115,420€115,000Net result 2023: €78,187€78,200202120222023
The operating result recovers in 2023; 2023 is 141% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.2m
Fixed assets €107,838 ▼ 30.7%
Current assets €1.1m ▲ 27.9%
Equity and liabilities €1.2m
Equity €320,505 ▲ 32.3%
Debt €857,794 ▲ 14.3%
Debt's share of the balance-sheet total falls from 75.6% to 72.8%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€167,016▲
2022 · €98,195
Cash flow
€129,783▲
2022 · €50,760
Current ratio
1.87▲
2022 · 1.52
Quick ratio
1.36▲
2022 · 0.85
Debt to equity
2.68▼
2022 · 3.10
ROE
24.4%▲
2022 · 0.2%
ROA
6.6%▲
2022 · 0.0%
Interest coverage
18.35▲
2022 · 6.17
Debt ≤ 1 year
€572,558▲
2022 · €552,026
Debt > 1 year
€170,609▲
2022 · €142,813
Income taxes
€28,358▼
2022 · €34,854
Staff costs
€65,743▼
2022 · €162,141
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 · 57 lines
Balance sheet Code20222023
Assets
Total assets20/58€992,652€1.2m▲
Fixed assets21/28€155,652€107,838▼
Intangible fixed assets21€118,668€84,013▼
Tangible fixed assets22/27€36,984€23,824▼
Plant, machinery and equipment23€12,118€8,849▼
Furniture and vehicles24€24,148€14,400▼
Other tangible fixed assets26€719€575▼
Current assets29/58€837,001€1.1m▲
Amounts receivable after more than one year29€19,767€19,767=
Trade receivables290€19,767€19,767=
Stocks and contracts in progress3€365,489€292,139▼
Stocks30/36€365,489€292,139▼
Amounts receivable within one year40/41€434,286€758,427▲
Trade receivables40€391,604€748,275▲
Other amounts receivable41€42,682€10,152▼
Deferred charges and accrued income490/1€17,459€128▼
Equity and liabilities
Total equity and liabilities10/49€992,652€1.2m▲
Equity10/15€242,318€320,505▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€174,253€174,253=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Distributable reserves133€168,103€168,103=
Profit (loss) carried forward14€6,566€84,752▲
Amounts payable17/49€750,334€857,794▲
Amounts payable after more than one year17€142,813€170,609▲
Financial debts170/4€142,813€170,609▲
Amounts payable within one year42/48€552,026€572,558▲
Current portion of amounts payable after more than one year42€58,201€30,674▼
Financial debts43€89,446€65,799▼
Credit institutions430/8€89,446€65,799▼
Trade debts44€317,569€354,716▲
Suppliers440/4€317,569€354,716▲
Taxes, remuneration and social security45€86,810€100,804▲
Taxes450/3€61,750€66,745▲
Remuneration and social security454/9€25,060€34,059▲
Other amounts payable47/48-€20,566
Accrued charges and deferred income492/3€55,494€114,626▲
Income statement Code20222023
Remuneration, social security and pensions62€162,141€65,743▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,390€51,596▲
Other operating charges640/8€48,725€755▼
Gross operating margin9900€309,061€233,514▼
Operating profit (loss)9901€47,805€115,420▲
Financial income75/76B€3,342€226▼
Recurring financial income75€3,342€226▼
Financial charges65/66B€15,923€9,101▼
Recurring financial charges65€15,923€9,101▼
Profit (loss) for the period before taxes9903€35,224€106,544▲
Income taxes67/77€34,854€28,358▼
Profit (loss) for the period9904€370€78,187▲
Profit (loss) for the period to be appropriated9905€370€78,187▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,856€84,752▲
Profit (loss) brought forward from the previous period14P€10,486€6,566▼
Transfer to equity691/2€4,290-
To the legal reserve6920€4,290-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62---€162,141€65,743▼ 59.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,165€8,646€42,618€50,390€51,596▲ 2.4%
Other operating charges640/8---€48,725€755▼ 98.5%
Gross operating margin9900€63,789€38,974€380,355€309,061€233,514▼ 24.4%
Operating profit (loss)9901€57,259€27,485€279,061€47,805€115,420▲ 141%
Financial income75/76B---€3,342€226▼ 93.2%
Recurring financial income75---€3,342€226▼ 93.2%
Financial charges65/66B---€15,923€9,101▼ 42.8%
Recurring financial charges65€307€1,174€8,799€15,923€9,101▼ 42.8%
Profit (loss) for the period before taxes9903€56,952€26,311€270,262€35,224€106,544▲ 202%
Income taxes67/77€21,203€12,748€96,972€34,854€28,358▼ 18.6%
Profit (loss) for the period9904€35,750€13,563€173,290€370€78,187▲ 21,056%
Profit (loss) for the period to be appropriated9905€35,750€13,563€173,290€370€78,187▲ 21,056%
Line20192020202120222023Change
Assets
Total assets20/58€78,062€199,062€948,683€992,652€1.2m▲ 18.7%
Fixed assets21/28€17,201€25,648€152,352€155,652€107,838▼ 30.7%
Intangible fixed assets21--€115,258€118,668€84,013▼ 29.2%
Tangible fixed assets22/27€17,201€25,648€37,093€36,984€23,824▼ 35.6%
Plant, machinery and equipment23---€12,118€8,849▼ 27.0%
Furniture and vehicles24---€24,148€14,400▼ 40.4%
Other tangible fixed assets26---€719€575▼ 20.0%
Current assets29/58€60,861€173,415€796,332€837,001€1.1m▲ 27.9%
Amounts receivable after more than one year29---€19,767€19,767=
Trade receivables290---€19,767€19,767=
Stocks and contracts in progress3-€43,555€217,725€365,489€292,139▼ 20.1%
Stocks30/36---€365,489€292,139▼ 20.1%
Amounts receivable within one year40/41€40,012€121,386€395,852€434,286€758,427▲ 74.6%
Trade receivables40---€391,604€748,275▲ 91.1%
Other amounts receivable41---€42,682€10,152▼ 76.2%
Cash at bank and in hand54/58€20,849€8,474€182,755---
Deferred charges and accrued income490/1---€17,459€128▼ 99.3%
Equity and liabilities
Total equity and liabilities10/49€78,062€199,062€948,683€992,652€1.2m▲ 18.7%
Equity10/15€55,096€68,659€241,949€242,318€320,505▲ 32.3%
Contributions10/11€7,000€7,000€7,000€61,500€61,500=
Capital10---€61,500€61,500=
Issued capital100---€61,500€61,500=
Reserves13€37,610€51,173€224,463€174,253€174,253=
Non-distributable reserves130/1---€6,150€6,150=
Legal reserve130---€6,150€6,150=
Distributable reserves133---€168,103€168,103=
Profit (loss) carried forward14€10,486€10,486€10,486€6,566€84,752▲ 1,191%
Amounts payable17/49€22,966€130,404€706,734€750,334€857,794▲ 14.3%
Amounts payable after more than one year17€18,178€25,609€49,656€142,813€170,609▲ 19.5%
Financial debts170/4---€142,813€170,609▲ 19.5%
Amounts payable within one year42/48€4,789€104,327€513,532€552,026€572,558▲ 3.7%
Current portion of amounts payable after more than one year42---€58,201€30,674▼ 47.3%
Financial debts43---€89,446€65,799▼ 26.4%
Credit institutions430/8---€89,446€65,799▼ 26.4%
Trade debts44€1,214€102,571€391,719€317,569€354,716▲ 11.7%
Suppliers440/4---€317,569€354,716▲ 11.7%
Taxes, remuneration and social security45---€86,810€100,804▲ 16.1%
Taxes450/3---€61,750€66,745▲ 8.1%
Remuneration and social security454/9---€25,060€34,059▲ 35.9%
Other amounts payable47/48----€20,566-
Accrued charges and deferred income492/3---€55,494€114,626▲ 107%
Line20192020202120222023Change
Profit (loss) for the period9904€35,750€13,563€173,290€370€78,187▲ 21,056%
+ Depreciation and write-downs630€5,165€8,646€42,618€50,390€51,596▲ 2.4%
Operating cash flow (approximation)€40,914€22,209€215,909€50,760€129,783▲ 156%
Investment in fixed assets (approximation)--€17,093-€169,322-€53,690-€3,782▲ 93.0%
Change in cash--€12,375€174,281---

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
06-10
KBO administration Address struck
2024
28-08
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 22-08-2024
09-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
16-11
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 10-11-2023
24-05
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 12-05-2023
09-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
30-06
Financial Weakest financial yearnet €370 ▼99.8%
Net result drops to €370, the lowest in the series.
2021
18-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial Highest result since 2019net €173,290 ▲1,178%
Operating result €279,061, net result €173,290, both a record.
30-06
Financial Equity above €200,000Eq €241,949 ▲252%
3 profitable years in a row build equity to €241,949.
2020
07-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
03-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Antwerpen · 2 establishment units since 2017
seat establishment All 2 establishment units on the map
Ground area
5,232 m²
Building footprint
2,618 m²
Volume, LiDAR
7,216 m³
2 parcels, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
314 companies at this address See who is registered here
2 establishment units
De Lange Beemden 14, 3550 Heusden-Zolder
Electricity, gas, steam and air conditioning supply
since 20172.278.285.124
KOLU
Manufacture of machinery and equipment not elsewhere classified
since 20212.320.189.718
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71065B1051/00M000 Flanders 3,741 m² 1 · 1,634 m² -
11463D0325/00K002 Flanders 1,491 m² 1 · 984 m² 8.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 CATHéRINE LANNOY
MECHELSESTEENWEG 271/8.1, 2018 ANTWERPEN 1
22-08-2024 → present

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 5 entries · 8,125 EUR awarded · 8,125 EUR paid
Year Entries awardedpaid
2024 1 -50,000 EUR0 EUR
2023 1 375 EUR375 EUR
2022 3 57,750 EUR7,750 EUR
Schemes
1 entry · 7,000 EUR · 7,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
2 entries · 1,125 EUR · 1,125 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 4,841 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded12-09-2017
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
43211General electrical installation work
96999Other personal services
Contact
E-mail wesley@polling.beHeusden-Zolder
Phone 0492/407178Heusden-Zolder
E-invoicing
Reachable via Peppol
Peppol ID 0208:0680915353
Registered 12-06-2026

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

Register as of 27 September 2026 · Peppol Directory

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