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LOCAFEST

Open bankruptcy
Private limited company (pre-2019)founded 1999Starrenhoflaan 40, 2950 Kapellen, BelgiumKBO/BCE: BE 0466.636.217

A bankruptcy procedure is open for LOCAFEST according to publications in the Belgian State Gazette; curator: DOMINIQUE CLAES.

Summary

The 2019 annual accounts show negative equity (-€4,079) and a net result of -€21,986.

LOCAFESTOpen 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
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
21 January 2020
Supervising judge
Joris Schoofs
Official Gazette
27-01-2020 (pdf) ↗search the document for 2020/103199

Deadlines

Provisional date payments stopped
21 January 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 11 February 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 February 2020art. XX.104 and XX.155 CEL
First verification report
passed on 20 March 2020Goods 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 21 January 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Dominique ClaesMechelsesteenweg 12 /6, 2000 Antwerpen 1dominiqueclaes@legant.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

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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 31-03-2019 was due by 31-10-2019 and was filed on 07-01-2020, 68 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
68 d late
2018
on the day
2017
on the day
2016
30 d late
2015
24 d early
2014
3 d early
2013
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2019 is on the deadline day, and 49% 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

History

LOCAFEST was incorporated on 30 July 1999.1 The company has filed 19 sets of annual accounts, the latest for fiscal year 2019.2 On 21 January 2020 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 27-01-2020

Go further with this company

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

Financials · fiscal year 2019, micro schema

Equity
-€4,079
Total assets
€235,846
Net result
-€21,986
Working capital
-€75,278

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

Balance-sheet composition
Assets €235,846
Fixed assets €150,109
Current assets €85,737
Equity and liabilities
Equity-€4,079
Debt€239,925
Equity is negative: debt (€239,925) exceeds the balance-sheet total (€235,846).
Key figures and ratios
2019 value
EBITDA
€5,078
Cash flow
-€13,887
Solvency
-1.7%
Current ratio
0.53
ROA
-9.3%
Debt
€239,925
Debt ≤ 1 year
€161,014
Debt > 1 year
€78,911
Income taxes
€54
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 25 lines
Balance sheet Code2019
Assets
Total assets20/58€235,846
Fixed assets21/28€150,109
Tangible fixed assets22/27€149,854
Financial fixed assets28€255
Current assets29/58€85,737
Amounts receivable within one year40/41€84,069
Cash at bank and in hand54/58€1,378
Equity and liabilities
Total equity and liabilities10/49€235,846
Equity10/15-€4,079
Contributions10/11€18,600
Reserves13€7,678
Profit (loss) carried forward14-€30,357
Amounts payable17/49€239,925
Amounts payable after more than one year17€78,911
Amounts payable within one year42/48€161,014
Trade debts44€21,178
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,100
Gross operating margin9900€15,029
Operating profit (loss)9901-€3,022
Recurring financial income75€309
Recurring financial charges65€19,220
Profit (loss) for the period before taxes9903-€21,933
Income taxes67/77€54
Profit (loss) for the period9904-€21,986
Profit (loss) for the period to be appropriated9905-€21,986
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,100
Gross operating margin9900€15,029
Operating profit (loss)9901-€3,022
Recurring financial income75€309
Recurring financial charges65€19,220
Profit (loss) for the period before taxes9903-€21,933
Income taxes67/77€54
Profit (loss) for the period9904-€21,986
Profit (loss) for the period to be appropriated9905-€21,986
Line2019
Assets
Total assets20/58€235,846
Fixed assets21/28€150,109
Tangible fixed assets22/27€149,854
Financial fixed assets28€255
Current assets29/58€85,737
Amounts receivable within one year40/41€84,069
Cash at bank and in hand54/58€1,378
Equity and liabilities
Total equity and liabilities10/49€235,846
Equity10/15-€4,079
Contributions10/11€18,600
Reserves13€7,678
Profit (loss) carried forward14-€30,357
Amounts payable17/49€239,925
Amounts payable after more than one year17€78,911
Amounts payable within one year42/48€161,014
Trade debts44€21,178
Line2019
Profit (loss) for the period9904-€21,986
+ Depreciation and write-downs630€8,100
Operating cash flow (approximation)-€13,887

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

2020
27-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-01-2020
07-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
07-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
28-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
29-11
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2012
29-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
2011
24-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 24 days late
2010
30-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 30 days late
SignalNBB filing
0 of 9 acts read
About the unread acts

We know of 9 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
No directors read yet: 0 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
8,025 m²
Building footprint
1,386 m²
Volume, LiDAR
7,972 m³
2 parcels, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Locafest
Heerle 74, 2328 HoogstratenNACE 7415101
since 19992.092.188.842
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13022B0360/00F000 Flanders 5,564 m² 1 · 439 m² 9.5 m · 2 fl.
11023C0139/00H000 Flanders 2,461 m² 1 · 947 m² 12.6 m · 2 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

1 mandate
Role Name Tenure
Curator DOMINIQUE CLAES
Mechelsesteenweg 12 /6, 2000 Antwerpen 1
21-01-2020 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 302 companies in this sector we hold annual accounts for 137. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded30-07-1999
Fiscal year end31-03
Activities, NACEBEL 2025
77223Rental and leasing activities
56210Event catering
77210Renting and leasing of sports and recreation goods
77392Rental and leasing activities
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 1 October 2026 · Peppol Directory

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