Skip to content

KVO

Open bankruptcy
Non-profit associationfounded 1981KBO/BCE: BE 0421.675.034
Summary

A bankruptcy procedure is open for KVO according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2010 annual accounts show negative equity (-€23,607) and a net result of -€23,607.

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 Ghent, Ostend division
Declared bankrupt
9 March 2026
Supervising judge
Dirk De Bruycker
Official Gazette
13-03-2026 (pdf) ↗search the document for 2026/110621

Deadlines

Provisional date payments stopped
9 March 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 28 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 April 2026art. XX.104 and XX.155 CEL
First verification report
passed on 8 May 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
9 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Jan FerlinL.Spilliaertstraat 63, 8400 Oostendejan@ferlin-belpame.be
  • Gregory BelpameL. Spilliaertstraat 63, 8400 Oostende- belpame.be

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 KVO 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

Three signals. The signal on the left, the evidence on the right.
+raises risk
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
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 22 June 1981, KVO was incorporated.1 Total assets went from EUR 715,076 in 2008 to EUR 123,782 in 2010.2 The company was declared bankrupt on 9 March 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2010
  3. 3Belgian State Gazette, 13-03-2026

Go further with this company

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

Financials · fiscal year 2010, abbreviated schema

Equity
-€23,607▲ 98.5%
2009 · -€1.6m
Total assets
€123,782▼ 84.4%
2009 · €794,374
Net result
-€23,607▲ 96.2%
2009 · -€617,086
Working capital
€28,800
2009 · -€1.5m
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
Line200820092010
Operating result-€784,991--€598,676▲ 23.7%-€21,580▲ 96.4%
Net result-€801,663--€617,086▲ 23.0%-€23,607▲ 96.2%
Equity-€994,326--€1.6m▼ 62.1%-€23,607▲ 98.5%
Total assets€715,076-€794,374▲ 11.1%€123,782▼ 84.4%
Debt€1.7m-€2.4m▲ 40.7%€147,390▼ 93.9%
Working capital-€902,911--€1.5m▼ 63.4%€28,800
Staff (FTE)22.7-15.5▼ 31.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2010 Net result +96% on 2009. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2008: -€784,991-€784,991Net result 2008: -€801,663-€801,663Operating result 2009: -€598,676-€598,676Net result 2009: -€617,086-€617,086Operating result 2010: -€21,580-€21,580Net result 2010: -€23,607-€23,607200820092010-€1m-€750,000-€500,000-€250,000€0Operating result 2008: -€784,991-€785,000Net result 2008: -€801,663-€802,000Operating result 2009: -€598,676-€599,000Net result 2009: -€617,086-€617,000Operating result 2010: -€21,580-€21,600Net result 2010: -€23,607-€23,600200820092010
The operating result stays negative: a loss of €21,580 in 2010 against €598,676 in 2009; the loss shrinks.
Key figures and ratios
2010 value · change against 2009
Solvency
-19.1%▲
2009 · -202.9%
Current ratio
1.30▲
2009 · 0.29
ROA
-19.1%▲
2009 · -77.7%
Debt ≤ 1 year
€94,982▼
2009 · €2.1m
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 · 2010 against 2009 · 23 lines
Balance sheet Code20092010
Assets
Total assets20/58€794,374€123,782▼
Formation expenses20€209-
Fixed assets21/28€180,023-
Intangible fixed assets21€20,594-
Tangible fixed assets22/27€157,575-
Financial fixed assets28€1,645-
Current assets29/58€614,351€123,782▼
Stocks and contracts in progress3€5,121-
Amounts receivable within one year40/41€557,067€99,718▼
Cash at bank and in hand54/58€40,966€24,041▼
Equity and liabilities
Total equity and liabilities10/49€794,374€123,782▼
Equity10/15-€1.6m-€23,607▲
Profit (loss) carried forward14-€1.9m-€23,607▲
Amounts payable17/49€2.4m€147,390▼
Amounts payable within one year42/48€2.1m€94,982▼
Trade debts44€817,394€78,156▼
Income statement Code20092010
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,288-
Gross operating margin9900€228,198-€6,495▼
Operating profit (loss)9901-€598,676-€21,580▲
Recurring financial income75€66,819€2,043▼
Recurring financial charges65€85,904€4,070▼
Profit (loss) for the period before taxes9903-€617,761-€23,607▲
Profit (loss) for the period9904-€617,086-€23,607▲
Line200820092010Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,253€37,288--
Gross operating margin9900€63,259€228,198-€6,495▼ 103%
Operating profit (loss)9901-€784,991-€598,676-€21,580▲ 96.4%
Recurring financial income75€31,889€66,819€2,043▼ 96.9%
Recurring financial charges65€48,560€85,904€4,070▼ 95.3%
Profit (loss) for the period before taxes9903-€801,663-€617,761-€23,607▲ 96.2%
Profit (loss) for the period9904-€801,663-€617,086-€23,607▲ 96.2%
Line200820092010Change
Assets
Total assets20/58€715,076€794,374€123,782▼ 84.4%
Formation expenses20€2,570€209--
Fixed assets21/28€183,848€180,023--
Intangible fixed assets21-€20,594--
Tangible fixed assets22/27€179,982€157,575--
Financial fixed assets28€1,295€1,645--
Current assets29/58€531,228€614,351€123,782▼ 79.9%
Stocks and contracts in progress3€4,206€5,121--
Amounts receivable within one year40/41€399,024€557,067€99,718▼ 82.1%
Current investments50/53€70,101---
Cash at bank and in hand54/58€55,497€40,966€24,041▼ 41.3%
Equity and liabilities
Total equity and liabilities10/49€715,076€794,374€123,782▼ 84.4%
Equity10/15-€994,326-€1.6m-€23,607▲ 98.5%
Profit (loss) carried forward14-€1.3m-€1.9m-€23,607▲ 98.7%
Amounts payable17/49€1.7m€2.4m€147,390▼ 93.9%
Amounts payable within one year42/48€1.4m€2.1m€94,982▼ 95.5%
Trade debts44€572,623€817,394€78,156▼ 90.4%
Line200820092010Change
Profit (loss) for the period9904-€801,663-€617,086-€23,607▲ 96.2%
+ Depreciation and write-downs630€38,253€37,288--
Operating cash flow (approximation)-€763,409-€579,798-€23,607▲ 95.9%
Investment in fixed assets (approximation)--€33,463--
Change in cash--€14,531-€16,924▼ 16.5%

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
13-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 09-03-2026
09-03
KBO administration Address struck
event 22-02-2026
2011
29-12
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 151 days late
2010
31-12
Financial Liquidity quadruplescurrent ratio 1.30
Current ratio from 0.29 to 1.30; short-term debt falls from €2.1m to €94,982.
09-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 129 days late
2009
16-03
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 44 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Oostende · 1 establishment unit since 1981
seat establishment The establishment unit on the map
Ground area
3.7 ha
Building footprint
4,893 m²
Volume, LiDAR
37,103 m³
2 parcels, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KVO
Sportparklaan 1, 8400 OostendeNACE 92621
since 19812.311.609.473
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35384A0150/00H012 Flanders 1.9 ha 1 · 258 m² 8.9 m · 3 fl.
35020B0605/00D000 Flanders 1.8 ha 1 · 4,635 m² 15.0 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

2 mandates
Role Name Tenure
Curator JAN FERLIN
L.SPILLIAERTSTRAAT 63, 8400 OOSTENDE
09-03-2026 → present
Curator GREGORY BELPAME
L. SPILLIAERTSTRAAT 63, 8400 OOSTENDE- gregory@ferlin- belpame.be
09-03-2026 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oostende2.311.609.473
1 permission
Toelating · Eetgelegenheid · since 31-01-2023

Identification & contact

Identification
Legal formNon-profit association
Founded22-06-1981
Fiscal year end31-12
Abbreviation NL K.V. OOSTENDE
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 29 September 2026 · Peppol Directory

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