Skip to content

KURSAAL

Open bankruptcy
Private limited company (pre-2019)founded 2002Parklaan 56, 2300 Turnhout, BelgiumKBO/BCE: BE 0479.140.309
Summary

A bankruptcy procedure is open for KURSAAL according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show negative equity (-€103,724) and a net result of -€6,697.

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, Turnhout division
Declared bankrupt
2 December 2025
Supervising judge
Kurt Bomhals
Official Gazette
08-12-2025 (pdf) ↗search the document for 2025/150706

Deadlines

Provisional date payments stopped
2 December 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 23 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 1 January 2026art. XX.104 and XX.155 CEL
First verification report
passed on 13 January 2026Goods 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
2 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

On 1 September 2026 the court published a change of trustee. Who runs the file now is in that publication (reference 2026/136459) and in RegSol.That day's Gazette (pdf) ↗

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

Embed in an article

Writing about this bankruptcy? Put the card of KURSAAL in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€103,724
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 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 confirmed
2024
28 d late
2023
29 d late
2022
32 d late
2021
30 d late
2020
31 d late
2019
1166 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 219 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

KURSAAL was incorporated on 24 December 2002.1 The company has filed 22 sets of annual accounts, the latest for fiscal year 2024.2 On 2 December 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024
  3. 3Belgian State Gazette, 08-12-2025

Go further with this company

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

Financials · fiscal year 2024, micro schema

Equity
-€103,724▼ 6.9%
2023 · -€97,027
Total assets
€889=
2023 · €889
Net result
-€6,697▲ 13.7%
2023 · -€7,757
Working capital
-€104,099▼ 6.9%
2023 · -€97,402
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
Line20202021202220232024
Operating result-€1,242▲ 3.2%-€1,414▼ 13.9%-€2,886▼ 104%-€5,947▼ 106%-€4,908▲ 17.5%
Net result-€3,207▲ 1.2%-€3,399▼ 6.0%-€4,610▼ 35.6%-€7,757▼ 68.3%-€6,697▲ 13.7%
Equity-€81,261▼ 4.1%-€84,660▼ 4.2%-€89,270▼ 5.4%-€97,027▼ 8.7%-€103,724▼ 6.9%
Total assets€949=€889▼ 6.3%€889=€889=€889=
Debt€82,209▲ 4.1%€85,549▲ 4.1%€90,159▲ 5.4%€97,916▲ 8.6%€104,613▲ 6.8%
Working capital-€81,636▼ 4.1%-€85,035▼ 4.2%-€89,645▼ 5.4%-€97,402▼ 8.7%-€104,099▼ 6.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€1,242-€1,242Net result 2020: -€3,207-€3,207Operating result 2021: -€1,414-€1,414Net result 2021: -€3,399-€3,399Operating result 2022: -€2,886-€2,886Net result 2022: -€4,610-€4,610Operating result 2023: -€5,947-€5,947Net result 2023: -€7,757-€7,757Operating result 2024: -€4,908-€4,908Net result 2024: -€6,697-€6,69720202021202220232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€2,886-€2,890Net result 2022: -€4,610-€4,610Operating result 2023: -€5,947-€5,950Net result 2023: -€7,757-€7,760Operating result 2024: -€4,908-€4,910Net result 2024: -€6,697-€6,700202220232024
The operating result stays negative: a loss of €4,908 in 2024 against €5,947 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €889
Fixed assets €375 =
Current assets €514 =
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€104,613▲
2023 · €97,916
Ratios withheld: a balance sheet total of €889 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 · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€889€889=
Fixed assets21/28€375€375=
Financial fixed assets28€375€375=
Current assets29/58€514€514=
Amounts receivable within one year40/41€514€514=
Other amounts receivable41€514€514=
Equity and liabilities
Total equity and liabilities10/49€889€889=
Equity10/15-€97,027-€103,724▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€105,087-€111,784▼
Amounts payable17/49€97,916€104,613▲
Amounts payable within one year42/48€97,916€104,613▲
Financial debts43€12,470€12,422▼
Credit institutions430/8€12,470€12,422▼
Trade debts44€15,384€15,261▼
Suppliers440/4€15,384€15,261▼
Other amounts payable47/48€70,061€76,930▲
Income statement Code20232024
Other operating charges640/8€775€626▼
Gross operating margin9900-€5,172-€4,282▲
Operating profit (loss)9901-€5,947-€4,908▲
Financial charges65/66B€1,810€1,790▼
Recurring financial charges65€1,810€1,790▼
Profit (loss) for the period before taxes9903-€7,757-€6,697▲
Profit (loss) for the period9904-€7,757-€6,697▲
Profit (loss) for the period to be appropriated9905-€7,757-€6,697▲
Appropriation of the result
Profit (loss) to be appropriated9906-€105,087-€111,784▼
Profit (loss) brought forward from the previous period14P-€97,330-€105,087▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€469€630€775€626▼ 19.2%
Gross operating margin9900-€794-€945-€2,257-€5,172-€4,282▲ 17.2%
Operating profit (loss)9901-€1,242-€1,414-€2,886-€5,947-€4,908▲ 17.5%
Financial charges65/66B-€1,985€1,724€1,810€1,790▼ 1.1%
Recurring financial charges65€1,965€1,985€1,724€1,810€1,790▼ 1.1%
Profit (loss) for the period before taxes9903-€3,207-€3,399-€4,610-€7,757-€6,697▲ 13.7%
Profit (loss) for the period9904-€3,207-€3,399-€4,610-€7,757-€6,697▲ 13.7%
Profit (loss) for the period to be appropriated9905-€3,207-€3,399-€4,610-€7,757-€6,697▲ 13.7%
Line20202021202220232024Change
Assets
Total assets20/58€949€889€889€889€889=
Fixed assets21/28€375€375€375€375€375=
Financial fixed assets28€375€375€375€375€375=
Current assets29/58€574€514€514€514€514=
Amounts receivable within one year40/41€574€514€514€514€514=
Other amounts receivable41-€514€514€514€514=
Equity and liabilities
Total equity and liabilities10/49€949€889€889€889€889=
Equity10/15-€81,261-€84,660-€89,270-€97,027-€103,724▼ 6.9%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€89,321-€92,720-€97,330-€105,087-€111,784▼ 6.4%
Amounts payable17/49€82,209€85,549€90,159€97,916€104,613▲ 6.8%
Amounts payable within one year42/48€82,209€85,549€90,159€97,916€104,613▲ 6.8%
Financial debts43-€12,473€12,497€12,470€12,422▼ 0.4%
Credit institutions430/8-€12,473€12,497€12,470€12,422▼ 0.4%
Trade debts44€14,444€14,821€15,628€15,384€15,261▼ 0.8%
Suppliers440/4-€14,821€15,628€15,384€15,261▼ 0.8%
Other amounts payable47/48-€58,255€62,034€70,061€76,930▲ 9.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,207-€3,399-€4,610-€7,757-€6,697▲ 13.7%
Operating cash flow (approximation)-€3,207-€3,399-€4,610-€7,757-€6,697▲ 13.7%
Investment in fixed assets (approximation)-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
07-09
Bankruptcy Change of trustee
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 01-09-2026
2025
08-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-12-2025
19-11
Interim measure Provisional administrator
Ondernemingsrechtbank Antwerpen · JEAN DE CHAFFOY; LUC PLESSERS
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€7,757
Net result drops to -€7,757, the lowest in the series.
10-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 1166 days late
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 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, Turnhout · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
597 m²
Building footprint
185 m²
Volume, LiDAR
1,172 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
MANO
Victoriestraat 11, 2300 TurnhoutGambling and betting activities
since 20032.123.236.166
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13453O0764/00F000 Flanders 491 m² 1 · 51 m² 5.2 m · 1 fl.
13453T0253/00L000 Flanders 106 m² 1 · 134 m² 11.9 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

3 mandates
Role Name Tenure
Curator LUC PLESSERS
DE MERODELEI 37, 2300 TURNHOUT-
02-12-2025 → present
Curator CAROLINE DE LEPELEIRE
DE MERODELEI 37, 2300 TURNHOUT
02-12-2025 → present
Interim administrator JEAN DE CHAFFOY; LUC PLESSERS 19-11-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded24-12-2002
Fiscal year end31-12
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.