LIBO
Open bankruptcySummary
A bankruptcy procedure is open for LIBO according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €155,169 and a net result of €201.
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
- 23 June 2025
- Supervising judge
- Sabine Claeys
- Official Gazette
- 30-06-2025 (pdf) ↗search the document for 2025/128148
Deadlines
- Provisional date payments stopped
- 23 June 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 15 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 August 2025Goods 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 23 June 2026Late, 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
- 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○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 02-01-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
29 d early
2023
71 d early
2022
64 d early
2021
76 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 41 days before 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)
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 2024, micro schema
Equity
€155,169▲ 0.1%
2023 · €154,967
Total assets
€155,998▲ 0.2%
2023 · €155,619
Net result
€201▼ 82.2%
2023 · €1,132
Working capital
€155,169▲ 0.1%
2023 · €154,967
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-€5,289▼ 44.3%-€2,182▲ 58.7%-€5,847▼ 168%-€2,807▲ 52.0%-€4,037▼ 43.8%
Net result€1,359▼ 74.2%€4,291▲ 216%-€421€1,132€201▼ 82.2%
Equity€149,966▲ 0.9%€154,256▲ 2.9%€153,835▼ 0.3%€154,967▲ 0.7%€155,169▲ 0.1%
Total assets€226,225▲ 0.2%€229,977▲ 1.7%€154,596▼ 32.8%€155,619▲ 0.7%€155,998▲ 0.2%
Debt€76,260▼ 1.3%€75,721▼ 0.7%€761▼ 99.0%€652▼ 14.4%€829▲ 27.3%
Working capital€150,337▲ 1.3%€154,256▲ 2.6%€153,835▼ 0.3%€154,967▲ 0.7%€155,169▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,037 in 2024 against €2,807 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €155,998
Equity
€155,169 ▲ 0.1%
Debt
€829 ▲ 27.3%
Debt's share of the balance-sheet total rises from 0.4% to 0.5%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.01▲
2023 · 0.00
ROE
0.1%▼
2023 · 0.7%
ROA
0.1%▼
2023 · 0.7%
Debt ≤ 1 year
€829▲
2023 · €652
Income taxes
€73▼
2023 · €402
A ratio outside any meaningful range has been withheld (balance sheet total €155,998, equity €155,169).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €107 | €107 | - | - | - | - |
| Other operating charges640/8 | - | - | €709 | €574 | €442 | ▼ 23.1% |
| Gross operating margin9900 | -€4,891 | -€1,513 | -€5,138 | -€2,232 | -€3,596 | ▼ 61.1% |
| Operating profit (loss)9901 | -€5,289 | -€2,182 | -€5,847 | -€2,807 | -€4,037 | ▼ 43.8% |
| Financial income75/76B | - | - | €5,480 | €4,400 | €4,366 | ▼ 0.8% |
| Recurring financial income75 | €7,091 | €6,977 | €5,480 | €4,400 | €4,366 | ▼ 0.8% |
| Financial charges65/66B | - | - | €54 | €59 | €54 | ▼ 9.1% |
| Recurring financial charges65 | €78 | €30 | €54 | €59 | €54 | ▼ 9.1% |
| Profit (loss) for the period before taxes9903 | €1,874 | €4,765 | -€421 | €1,534 | €275 | ▼ 82.1% |
| Income taxes67/77 | €515 | €474 | - | €402 | €73 | ▼ 81.8% |
| Profit (loss) for the period9904 | €1,359 | €4,291 | -€421 | €1,132 | €201 | ▼ 82.2% |
| Profit (loss) for the period to be appropriated9905 | €1,359 | €4,291 | -€421 | €1,132 | €201 | ▼ 82.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226,225 | €229,977 | €154,596 | €155,619 | €155,998 | ▲ 0.2% |
| Fixed assets21/28 | €107 | - | - | - | - | - |
| Tangible fixed assets22/27 | €107 | - | - | - | - | - |
| Current assets29/58 | €226,118 | €229,977 | €154,596 | €155,619 | €155,998 | ▲ 0.2% |
| Amounts receivable after more than one year29 | - | - | €150,000 | €150,000 | €150,000 | = |
| Other amounts receivable291 | - | - | €150,000 | €150,000 | €150,000 | = |
| Amounts receivable within one year40/41 | €5,951 | €9,876 | €4,240 | €5,170 | €5,934 | ▲ 14.8% |
| Other amounts receivable41 | - | - | €4,240 | €5,170 | €5,934 | ▲ 14.8% |
| Cash at bank and in hand54/58 | €58 | €35 | €39 | €449 | €64 | ▼ 85.7% |
| Deferred charges and accrued income490/1 | - | - | €317 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226,225 | €229,977 | €154,596 | €155,619 | €155,998 | ▲ 0.2% |
| Equity10/15 | €149,966 | €154,256 | €153,835 | €154,967 | €155,169 | ▲ 0.1% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €32,427 | €32,427 | €32,427 | €32,427 | €32,427 | = |
| Non-distributable reserves130/1 | - | - | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | - | €26,277 | €26,277 | €26,277 | = |
| Profit (loss) carried forward14 | €56,039 | €60,330 | €59,908 | €61,041 | €61,242 | ▲ 0.3% |
| Amounts payable17/49 | €76,260 | €75,721 | €761 | €652 | €829 | ▲ 27.3% |
| Amounts payable within one year42/48 | €75,781 | €75,721 | €761 | €652 | €829 | ▲ 27.3% |
| Trade debts44 | €75,152 | €74,842 | €525 | - | €564 | - |
| Suppliers440/4 | - | - | €525 | - | €564 | - |
| Taxes, remuneration and social security45 | - | - | €6 | €402 | €73 | ▼ 81.8% |
| Taxes450/3 | - | - | €6 | €402 | €73 | ▼ 81.8% |
| Other amounts payable47/48 | - | - | €230 | €250 | €192 | ▼ 23.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,359 | €4,291 | -€421 | €1,132 | €201 | ▼ 82.2% |
| + Depreciation and write-downs630 | €107 | €107 | - | - | - | - |
| Operating cash flow (approximation) | €1,467 | €4,398 | -€421 | €1,132 | €201 | ▼ 82.2% |
| Change in cash | - | -€23 | €4 | €410 | -€384 | ▼ 194% |
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
2025
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 23-06-2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €1,132
Net result €1,132 after one loss-making year.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€421
Net result drops to -€421, the lowest in the series.
30-06
Financial
Liquidity times 67current ratio 203.22
Current ratio from 3.04 to 203.22; short-term debt falls from €75,721 to €761.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €150,000Eq €154,256 ▲2.9%
3 profitable years in a row build equity to €154,256.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Koekelare
Ground area
729 m²
Building footprint
96 m²
Volume, LiDAR
541 m³
Parcel 32002A0124/00R002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002A0124/00R002 | Flanders | 728 m² | 1 · 96 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 |
23-06-2025 → present |
| Curator | GREGORY BELPAME L. SPILLIAERTSTRAAT 63, 8400 OOSTENDE- gregory@ferlin-
belpame.be |
23-06-2025 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded06-07-1990
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441117891
Also
9925:BE0441117891
Registered
29-08-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.