KONAD
Open bankruptcyA bankruptcy procedure is open for KONAD according to publications in the Belgian State Gazette; curator: POL MASSART.
Summary
The 2019 annual accounts show equity of €13,185 and a net result of €7,121.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 12 June 2023
- Supervising judge
- Le Grelle Bruno
- Official Gazette
- 19-06-2023 (pdf) ↗search the document for 2023/124165
Deadlines
- Appeal or third-party opposition until
- passed on 4 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 July 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 19 July 2023Goods 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 12 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pol MassartChaussee De La Hulpe, 110/5, 1000 Fr Bruxelles-Villemassart@110lahulpe.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
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 publicationsPublications
Strikeout initial
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2019, micro schema
Equity
€13,185▲ 117%
2018 · €6,063
Total assets
€56,815▲ 273%
2018 · €15,223
Net result
€7,121▼ 63.3%
2018 · €19,425
Working capital
€8,948▲ 168%
2018 · €3,334
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
Line20182019
Operating result€19,448-€9,660▼ 50.3%
Net result€19,425-€7,121▼ 63.3%
Equity€6,063-€13,185▲ 117%
Total assets€15,223-€56,815▲ 273%
Debt€9,159-€43,630▲ 376%
Working capital€3,334-€8,948▲ 168%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 50% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €56,815
Fixed assets
€4,237 ▼ 23.8%
Current assets
€52,578 ▲ 444%
Equity and liabilities €56,815
Equity
€13,185 ▲ 117%
Debt
€43,630 ▲ 376%
Debt's share of the balance-sheet total rises from 60.2% to 76.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,982▼
2018 · €20,770
Cash flow
€8,444▼
2018 · €20,747
Current ratio
1.21▼
2018 · 1.53
Quick ratio
1.14▼
2018 · 1.40
ROE
54.0%▼
2018 · 320.4%
ROA
12.5%▼
2018 · 127.6%
Debt ≤ 1 year
€43,630▲
2018 · €6,329
Income taxes
€2,500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,322 | €1,322 | = |
| Gross operating margin9900 | €31,209 | €28,731 | ▼ 7.9% |
| Operating profit (loss)9901 | €19,448 | €9,660 | ▼ 50.3% |
| Recurring financial charges65 | €23 | €39 | ▲ 66.1% |
| Profit (loss) for the period before taxes9903 | €19,425 | €9,621 | ▼ 50.5% |
| Income taxes67/77 | - | €2,500 | - |
| Profit (loss) for the period9904 | €19,425 | €7,121 | ▼ 63.3% |
| Profit (loss) for the period to be appropriated9905 | €19,425 | €7,121 | ▼ 63.3% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15,223 | €56,815 | ▲ 273% |
| Fixed assets21/28 | €5,559 | €4,237 | ▼ 23.8% |
| Tangible fixed assets22/27 | €5,289 | €3,967 | ▼ 25.0% |
| Financial fixed assets28 | €270 | €270 | = |
| Current assets29/58 | €9,663 | €52,578 | ▲ 444% |
| Stocks and contracts in progress3 | €814 | €2,835 | ▲ 248% |
| Amounts receivable within one year40/41 | - | €30,000 | - |
| Cash at bank and in hand54/58 | €8,807 | €19,700 | ▲ 124% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15,223 | €56,815 | ▲ 273% |
| Equity10/15 | €6,063 | €13,185 | ▲ 117% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €189 | €189 | = |
| Profit (loss) carried forward14 | -€326 | €6,796 | ▲ 2,188% |
| Amounts payable17/49 | €9,159 | €43,630 | ▲ 376% |
| Amounts payable after more than one year17 | €2,830 | - | - |
| Amounts payable within one year42/48 | €6,329 | €43,630 | ▲ 589% |
| Trade debts44 | €2,551 | €3,440 | ▲ 34.9% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,425 | €7,121 | ▼ 63.3% |
| + Depreciation and write-downs630 | €1,322 | €1,322 | = |
| Operating cash flow (approximation) | €20,747 | €8,444 | ▼ 59.3% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €10,893 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
19-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-06-2023
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 138 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 692 days late
05-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 279 days late
2019
20-11
KBO administration
Strikeout initial
event 04-11-2019
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 2 establishment units since 2014
Ground area
113 m²
Building footprint
112 m²
Volume, LiDAR
1,212 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
Establishment
since 20142.262.108.987
BEYKOZ
since 20192.295.173.814
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0872/00D000 | Flanders | 66 m² | 1 · 66 m² | 13.9 m · 3 fl. |
| 21908E0262/00D006 | Brussels | 47 m² | 1 · 46 m² | 16.4 m · 5 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 | POL MASSART CHAUSSEE DE LA HULPE, 110/5,
1000 FR BRUXELLES-VILLE |
12-06-2023 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.262.108.987
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2014
Fiscal year end31-12
Contact
Phone
0475/714 508
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.