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MANAGING BUSINESS

Judicial reorganisation
Private limited company (pre-2019)founded 1992active for 34 yearsPlace du Ballon 24, 6040 Charleroi, BelgiumKBO/BCE: BE 0446.577.607
Summary

The file of MANAGING BUSINESS contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. The KBO register currently gives the legal situation of MANAGING BUSINESS as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2026 annual accounts show equity of €126,824 and a net result of €5,740. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 48% of 76 sector peers (NACE 69, financial year 2026).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Hainaut
Opened
18 May 2026
Track
Reorganisation by collective agreement
Docket number
20260014
Moratorium until
11 January 2027
Creditors' vote
8 January 2027
Delegated judge
Anne Prignon
Official Gazette
27-05-2026 (pdf) ↗search the document for 2026/122083

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 11 January 2027, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Certified accountants and tax accountants
NACE 69201
1 site
Size
€312,186turnover 2026
Equity
€126,824
Profit
€5,740
Financial health
24 Critical Checked score 2026
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 61 days early0 of 6 deeds read
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2026
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Average
Solvency 62-3
equity 37.4% of total assets
Liquidity 21-5
short-term debt 57.0% · cash 0.7%
Profitability 51-21
return on assets 1.7%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 1.63, compared with 1.63 in 2025; short-term debt: 57% and cash: 0.7% of total assets), but 62.6% of the assets are financed with debt.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring. The KBO register also records: special situation.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
61 days early
2025
87 days early
2024
29 days early
2023
61 days early
2022
61 days early
2021
61 days early
2020
8 days early
← 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 53 days before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. ExtensionEnterprise Court of Hainaut ·…
  2. Annual accounts filedfinancial year 2026 · abbreviated…
  3. OpeningEnterprise Court of Hainaut ·…

Key points

  • Risk: In judicial reorganisationtrustee not known 18-05-2026 View
  • Caution: Among the weakest 5% on net resultsector median €200,095 · 76 companies €5,740 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €5,740 8 years View

By topic

Financials

Financial year
2026
Turnover
€312,186
Profit
€5,740
Solvency
37.4%
Turnover▲ 13.3%
Net result
20192026
Go to Financials

Timeline

Events
37
Since
1994
Next accounts
by 31-10-2027
  1. 05-08-2025Annual accounts filed
  2. 02-10-2024Annual accounts filed
  3. 31-03-2024Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Certified accountants and tax accountantsNACE 69201
Founded
06-02-1992
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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