Koylu
Open bankruptcyAre 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 Liège, Liège division
- Declared bankrupt
- 28 June 2019
- Supervising judge
- Philippe Massoz
- Official Gazette
- 13-11-2019 (pdf) ↗search the document for 2019/157172
Deadlines
- File the claim in RegSol until
- passed on 28 July 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 August 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Appeal or third-party opposition until
- passed on 28 November 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- passed on 28 June 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pierre ThiryPlace Du Haut-Pre 10, 4000 Liege 1p.thiry@cavenaile-law.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
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 30-08-2017, 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 filingsDeviation from the deadline
2018
not filed
2017
not filed
2016
30 d late
2015
4 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 17 days after the deadline; the sector median for financial year 2018 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
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?Process a list How is the Landscape service activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,599▲ 71.5%
2015 · €3,264
Working capital
€14,292▲ 80.4%
2015 · €7,920
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20152016
Operating result€13,024-€6,912▼ 46.9%
Net result€3,264-€5,599▲ 71.5%
Equity€9,464-€15,063▲ 59.2%
Total assets€46,508-€32,693▼ 29.7%
Debt€37,044-€17,630▼ 52.4%
Working capital€7,920-€14,292▲ 80.4%
Staff (FTE)2.8-0.5▼ 82.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2016; 2016 is 47% below 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €32,693
Fixed assets
€772 ▼ 50.0%
Current assets
€31,921 ▼ 29.0%
Equity and liabilities €32,693
Equity
€15,063 ▲ 59.2%
Debt
€17,630 ▼ 52.4%
Debt's share of the balance-sheet total falls from 79.7% to 53.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,684▼
2015 · €13,796
Cash flow
€6,371▲
2015 · €4,036
Current ratio
1.81▲
2015 · 1.21
ROE
37.2%▲
2015 · 34.5%
ROA
17.1%▲
2015 · 7.0%
Debt ≤ 1 year
€17,630▼
2015 · €37,044
Income taxes
€601▼
2015 · €2,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €772 | €772 | = |
| Gross operating margin9900 | €43,231 | €24,459 | ▼ 43.4% |
| Operating profit (loss)9901 | €13,024 | €6,912 | ▼ 46.9% |
| Recurring financial income75 | €112 | €1 | ▼ 99.4% |
| Recurring financial charges65 | €380 | €713 | ▲ 87.5% |
| Profit (loss) for the period before taxes9903 | €5,299 | €6,200 | ▲ 17.0% |
| Income taxes67/77 | €2,035 | €601 | ▼ 70.5% |
| Profit (loss) for the period9904 | €3,264 | €5,599 | ▲ 71.5% |
| Profit (loss) for the period to be appropriated9905 | €3,264 | €5,599 | ▲ 71.5% |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €46,508 | €32,693 | ▼ 29.7% |
| Fixed assets21/28 | €1,544 | €772 | ▼ 50.0% |
| Tangible fixed assets22/27 | €1,544 | €772 | ▼ 50.0% |
| Current assets29/58 | €44,964 | €31,921 | ▼ 29.0% |
| Amounts receivable within one year40/41 | €40,798 | €26,438 | ▼ 35.2% |
| Cash at bank and in hand54/58 | €3,643 | €4,525 | ▲ 24.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €46,508 | €32,693 | ▼ 29.7% |
| Equity10/15 | €9,464 | €15,063 | ▲ 59.2% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €163 | €1,860 | ▲ 1,041% |
| Profit (loss) carried forward14 | €3,101 | €7,003 | ▲ 126% |
| Amounts payable17/49 | €37,044 | €17,630 | ▼ 52.4% |
| Amounts payable within one year42/48 | €37,044 | €17,630 | ▼ 52.4% |
| Trade debts44 | €8,160 | €1,911 | ▼ 76.6% |
| Line | 2015 | 2016 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,264 | €5,599 | ▲ 71.5% |
| + Depreciation and write-downs630 | €772 | €772 | = |
| Operating cash flow (approximation) | €4,036 | €6,371 | ▲ 57.8% |
| Investment in fixed assets (approximation) | - | €1 | - |
| Change in cash | - | €882 | - |
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
2019
13-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 28-06-2019
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
SignalNBB filing
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Awans · 1 establishment unit since 2014
Ground area
2.2 ha
Building footprint
2.2 ha
Volume, LiDAR
193,063 m³
2 parcels, Wallonia · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 establishment unit
Koylu
since 20142.230.956.745
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62053A0200/02K000 | Wallonia | 1.5 ha | 1 · 2.0 ha | 13.4 m · 3 fl. |
| 62079A1014/00E000 | Wallonia | 6,552 m² | 1 · 2,255 m² | 8.3 m · 1 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 | PIERRE THIRY Place Du Haut-Pre 10, 4000 Liege 1 |
28-06-2019 → present |
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Of 21,212 companies in this sector we hold annual accounts for 4,372. 2,893 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded21-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.