KUUB

Open bankruptcy

Public limited companyfounded 2006Oostkaai 25, 2170 Antwerpen, BelgiumKBO/BCE: BE 0878.987.373

A bankruptcy procedure is open for KUUB according to publications in the Belgian State Gazette; curator: DIRK DEVROE.

Summary

The 2018 annual accounts show equity of €55,932 and a net result of €23,088.

Watch Report

KUUBOpen bankruptcy

Report

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: 11 March 2021
Supervising judge: Benoit Ide
Official Gazette: 17-03-2021 (pdf) ↗search the document for 2021/110173

Deadlines

Provisional date payments stopped: 11 March 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until: passed on 1 April 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until: passed on 10 April 2021art. XX.104 and XX.155 CEL
First verification report: passed on 7 May 2021Goods 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 11 March 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

Dirk DevroeKromvendreef 15, 2900 Schoteninfo@dd-advocaten.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

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-08-2019, 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 · 10 filings

Deviation from the deadline

2019

not filed

2018

30 d late

2017

26 d early

2016

24 d late

2015

2 d late

2014

29 d late

2013

3 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 9 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Checked, nothing found (1)

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

On 19 January 2006, KUUB was incorporated.¹ The company has filed 13 sets of annual accounts, the latest for fiscal year 2018.² The company was declared bankrupt on 11 March 2021.³

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

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

Financials · fiscal year 2018, micro schema

Equity

€55,932

Total assets

€439,422

Net result

€23,088

Working capital

€87,786

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €439,422

12.9%

87.1%

Fixed assets €56,694

Current assets €382,728

Equity and liabilities €439,422

12.7%

87.3%

Equity €55,932

Debt €383,490

Debt finances 87.3% of the balance-sheet total.

Key figures and ratios

2018 value

EBITDA

€50,632

Cash flow

€27,598

Current ratio

1.30

Debt to equity

1.58

ROE

41.3%

ROA

5.3%

Debt ≤ 1 year

€294,942

Debt > 1 year

€88,548

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2018 · 22 lines

Balance sheet Code2018

Assets

Total assets20/58€439,422

Fixed assets21/28€56,694

Tangible fixed assets22/27€56,694

Current assets29/58€382,728

Amounts receivable within one year40/41€381,330

Cash at bank and in hand54/58€1,399

Equity and liabilities

Total equity and liabilities10/49€439,422

Equity10/15€55,932

Contributions10/11€63,000

Profit (loss) carried forward14-€7,068

Amounts payable17/49€383,490

Amounts payable after more than one year17€88,548

Amounts payable within one year42/48€294,942

Trade debts44€120,235

Income statement Code2018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,510

Gross operating margin9900€54,869

Operating profit (loss)9901€46,121

Recurring financial income75€0

Recurring financial charges65€23,034

Profit (loss) for the period before taxes9903€23,088

Profit (loss) for the period9904€23,088

Profit (loss) for the period to be appropriated9905€23,088

Line	2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€4,510
Gross operating margin9900	€54,869
Operating profit (loss)9901	€46,121
Recurring financial income75	€0
Recurring financial charges65	€23,034
Profit (loss) for the period before taxes9903	€23,088
Profit (loss) for the period9904	€23,088
Profit (loss) for the period to be appropriated9905	€23,088

Line	2018
Assets
Total assets20/58	€439,422
Fixed assets21/28	€56,694
Tangible fixed assets22/27	€56,694
Current assets29/58	€382,728
Amounts receivable within one year40/41	€381,330
Cash at bank and in hand54/58	€1,399
Equity and liabilities
Total equity and liabilities10/49	€439,422
Equity10/15	€55,932
Contributions10/11	€63,000
Profit (loss) carried forward14	-€7,068
Amounts payable17/49	€383,490
Amounts payable after more than one year17	€88,548
Amounts payable within one year42/48	€294,942
Trade debts44	€120,235

Line	2018
Profit (loss) for the period9904	€23,088
+ Depreciation and write-downs630	€4,510
Operating cash flow (approximation)	€27,598

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

All 12Signals 2Filings 10

2025

26-05

Bankruptcy Supervising judge replaced

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-05-2025

2021

17-03

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 11-03-2021

2019

30-08