LINUX
Open bankruptcySummary
A bankruptcy procedure is open for LINUX according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €112,048 and a net result of -€211,120.
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
- 14 September 2023
- Supervising judge
- Jacques Leys
- Official Gazette
- 20-09-2023 (pdf) ↗search the document for 2023/134261
Curator
- Kristin VerhaegenBorsbeeksebrug 34, 2600 Berchem (Antwerpen)kristinverhaegen@qlaw.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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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Signals
Four 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 31-12-2021 was due by 31-07-2022 and was filed on 13-10-2022, 74 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
74 d late
2020
283 d late
2019
594 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 317 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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 publicationsPublications
Address struck
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?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
€112,048▼ 65.3%
2020 · €323,169
Total assets
€774,821▼ 32.6%
2020 · €1.1m
Net result
-€211,120▼ 244%
2020 · -€61,384
Working capital
€349,122
2020 · -€33,219
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
Line2018201920202021
Operating result-€56,167--€59,242▼ 5.5%-€64,440▼ 8.8%€1,995
Net result-€51,470--€56,234▼ 9.3%-€61,384▼ 9.2%-€211,120▼ 244%
Equity€440,787-€384,553▼ 12.8%€323,169▼ 16.0%€112,048▼ 65.3%
Total assets€663,558-€1.1m▲ 72.9%€1.1m▲ 0.2%€774,821▼ 32.6%
Debt€2,170-€546,264▲ 25,078%€614,101▲ 12.4%€662,772▲ 7.9%
Working capital€455,375-€75,387▼ 83.4%-€33,219€349,122
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Net result -244%, Equity -65% on 2020. Cause not known from the registers.
- 2019 Total assets +73% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €1,995 after a loss of €64,440 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €774,821
Fixed assets
€2,080 ▼ 99.8%
Current assets
€772,741 ▲ 152%
Equity and liabilities €774,821
Equity
€112,048 ▼ 65.3%
Provisions
€0 ▼ 100%
Debt
€662,772 ▲ 7.9%
Debt's share of the balance-sheet total rises from 53.4% to 85.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.82▲
2020 · 0.90
Debt to equity
5.92▲
2020 · 1.90
ROE
-188.4%▼
2020 · -19.0%
ROA
-27.2%▼
2020 · -5.3%
Debt ≤ 1 year
€423,618▲
2020 · €339,943
Debt > 1 year
€239,154▼
2020 · €274,158
Income taxes
€33,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,416 | €32,226 | €32,365 | - | - |
| Other operating charges640/8 | - | - | €18,168 | €18,657 | ▲ 2.7% |
| Gross operating margin9900 | -€37,426 | -€5,523 | -€13,908 | €20,652 | ▲ 248% |
| Operating profit (loss)9901 | -€56,167 | -€59,242 | -€64,440 | €1,995 | ▲ 103% |
| Financial income75/76B | - | - | €7,430 | €8,016 | ▲ 7.9% |
| Recurring financial income75 | €6,001 | €6,469 | €7,430 | €8,016 | ▲ 7.9% |
| Financial charges65/66B | - | - | €8,375 | €400,635 | ▲ 4,683% |
| Recurring financial charges65 | €1,332 | €7,373 | €8,375 | €5,173 | ▼ 38.2% |
| Non-recurring financial charges66B | - | - | - | €395,462 | - |
| Profit (loss) for the period before taxes9903 | -€51,498 | -€60,146 | -€65,385 | -€390,625 | ▼ 497% |
| Transfer from deferred taxes780 | - | - | €4,001 | €212,689 | ▲ 5,216% |
| Income taxes67/77 | -€28 | - | - | €33,185 | - |
| Profit (loss) for the period9904 | -€51,470 | -€56,234 | -€61,384 | -€211,120 | ▼ 244% |
| Transfer from tax-exempt reserves789 | - | - | €9,795 | €520,722 | ▲ 5,216% |
| Profit (loss) for the period to be appropriated9905 | -€51,470 | -€46,656 | -€51,590 | €309,601 | ▲ 700% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €663,558 | €1.1m | €1.1m | €774,821 | ▼ 32.6% |
| Fixed assets21/28 | €206,014 | €817,516 | €843,234 | €2,080 | ▼ 99.8% |
| Tangible fixed assets22/27 | €202,934 | €814,436 | €841,154 | - | - |
| Land and buildings22 | - | - | €841,154 | - | - |
| Financial fixed assets28 | €3,080 | €3,080 | €2,080 | €2,080 | = |
| Current assets29/58 | €457,544 | €329,990 | €306,725 | €772,741 | ▲ 152% |
| Amounts receivable within one year40/41 | €443,137 | €329,990 | €306,725 | €772,741 | ▲ 152% |
| Other amounts receivable41 | - | - | €306,725 | €772,741 | ▲ 152% |
| Cash at bank and in hand54/58 | €14,407 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €663,558 | €1.1m | €1.1m | €774,821 | ▼ 32.6% |
| Equity10/15 | €440,787 | €384,553 | €323,169 | €112,048 | ▼ 65.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | - | €18,600 | €18,600 | = |
| Other1109/19 | - | - | €18,600 | €18,600 | = |
| Reserves13 | €541,243 | €531,665 | €521,871 | €1,149 | ▼ 99.8% |
| Non-distributable reserves130/1 | - | - | €1,149 | €1,149 | = |
| Reserves not available under the articles1311 | - | - | €1,149 | €1,149 | = |
| Tax-exempt reserves132 | - | - | €520,722 | - | - |
| Profit (loss) carried forward14 | -€119,056 | -€165,712 | -€217,302 | €92,299 | ▲ 142% |
| Provisions and deferred taxes16 | €220,602 | €216,690 | €212,689 | - | - |
| Deferred taxes168 | - | - | €212,689 | - | - |
| Amounts payable17/49 | €2,170 | €546,264 | €614,101 | €662,772 | ▲ 7.9% |
| Amounts payable after more than one year17 | - | €291,660 | €274,158 | €239,154 | ▼ 12.8% |
| Financial debts170/4 | - | - | €274,158 | €239,154 | ▼ 12.8% |
| Amounts payable within one year42/48 | €2,170 | €254,604 | €339,943 | €423,618 | ▲ 24.6% |
| Current portion of amounts payable after more than one year42 | - | - | €35,004 | €35,004 | = |
| Financial debts43 | - | - | €1,065 | €3,125 | ▲ 194% |
| Credit institutions430/8 | - | - | €1,065 | €3,125 | ▲ 194% |
| Trade debts44 | €2,170 | €86,737 | €49,485 | €55,001 | ▲ 11.1% |
| Suppliers440/4 | - | - | €49,485 | €55,001 | ▲ 11.1% |
| Taxes, remuneration and social security45 | - | - | €28,486 | €33,185 | ▲ 16.5% |
| Taxes450/3 | - | - | €28,486 | €33,185 | ▲ 16.5% |
| Other amounts payable47/48 | - | - | €225,904 | €297,304 | ▲ 31.6% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€51,470 | -€56,234 | -€61,384 | -€211,120 | ▼ 244% |
| + Depreciation and write-downs630 | €12,416 | €32,226 | €32,365 | - | - |
| Operating cash flow (approximation) | -€39,054 | -€24,008 | -€29,020 | -€211,120 | ▼ 628% |
| Investment in fixed assets (approximation) | - | -€643,728 | -€58,083 | €841,154 | ▲ 1,548% |
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
12-05
KBO administration
Address struck
2023
20-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-09-2023
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 74 days late
11-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-07-2022
15-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-06-2022
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 283 days late
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 594 days late
2021
31-12
Financial
Weakest financial yearnet -€211,120
Net result drops to -€211,120, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.82
Current ratio from 0.90 to 1.82.
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 38 days late
Show earlier events
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
09-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
21-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2003
Ground area
5,461 m²
Building footprint
3,458 m²
Volume, LiDAR
20,880 m³
2 parcels, Flanders · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Brederodestraat 107, 2018 Antwerpen
since 20032.115.472.307
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00C005 | Flanders | 5,303 m² | 1 · 3,300 m² | 10.4 m · 1 fl. |
| 11811L3849/00X000 | Flanders | 158 m² | 1 · 158 m² | 18.6 m · 5 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 | KRISTIN VERHAEGEN BORSBEEKSEBRUG 34,
2600 BERCHEM (ANTWERPEN) |
14-09-2023 → present |
| Curator | ROBIN TAVERNIER AMERIKALEI 182,
2000 ANTWERPEN 1 |
09-06-2022 → 06-07-2022 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-10-2002
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.