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Living Development Group

Open bankruptcy
Public limited companyfounded 1993Keiberg(H) 14, 8551 Zwevegem, BelgiumKBO/BCE: BE 0449.463.653

A bankruptcy procedure is open for Living Development Group according to publications in the Belgian State Gazette; curator: SOFIE VANDEN BULCKE.

Summary

The 2016 annual accounts show equity of €193,117 and a net result of €99,242.

Living Development GroupOpen bankruptcy

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
Commercial Court of Ghent, Kortrijk division
Declared bankrupt
9 August 2018
Supervising judge
Pieter De Smet
Official Gazette
16-08-2018 (pdf) ↗search the document for 2018/134495

Deadlines

Provisional date payments stopped
9 August 2018A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 31 August 2018Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 September 2018art. XX.104 and XX.155 CEL
First verification report
passed on 25 September 2018Goods 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 9 August 2019Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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

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Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201NACE 70201
1 site
Size
€1.3mtotal assets 2016
Equity
€193,117
Profit
€99,242
Turnover not published (abridged schema)
Financial health
Open bankruptcy: no score
Structure
Accounts 2986 d overdue0 of 10 deeds read
Signals- Open bankruptcyFiled after the deadlineShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 30-08-2017, 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
2017
not filed
2016
30 d late
2015
19 d late
2014
70 d late
2013
85 d late
2012
9 d early
2011
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 37 days after the deadline; the sector median for financial year 2017 is 7 days before the deadline, and 38% of the sector filed 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
  1. OpeningRechtbank van koophandel Gent, afdeling…
  2. Annual accounts filedfiscal year 2016 · abbreviated…
  3. Back to profitnet €99,242

Key points

  • Risk: Declared bankrupttrustee: Sofie Vanden Bulcke 09-08-2018 View
  • Positive: Back in profit in 2016after -€1.3m in 2015 €99,242 View
  • Total assets 20165 fiscal years filed €1.3m View

By topic

Financials

Fiscal year
2016
Total assets
€1.3m
Profit
€99,242
Solvency
15.0%
Total assets▲ 10.4%
Net result
20122016
Go to Financials

Timeline

Events
14
Since
2008
  1. 16-08-2018Opening
  2. 30-08-2017Annual accounts filed
  3. 31-12-2016Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
19-02-1993
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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