Mapshot
Open bankruptcyAre you a creditor?
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 Leuven
- Declared bankrupt
- 19 February 2026
- Supervising judge
- Boudewijn Leeman
- Official Gazette
- 25-02-2026 (pdf) ↗search the document for 2026/107968
Deadlines
- Provisional date payments stopped
- 19 February 2026A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 12 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 21 March 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 31 March 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 19 February 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Jan De RieckFonteinstraat 1A, 3000 Leuvenfalingen@advocaten-leuven.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
- Staff
- 1 FTE
- Equity
- €43,047
- Profit
- €2,266
- Largest shareholder
- XABU · 40%
- XabuDirector · permanent representative Van Buggenhout Xander
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 2 accounts on average 4 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
- Address struckPhilipssite 5 bus 1 L’adresse…
- OpeningEnterprise Court of Leuven ·…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2024, micro format
2023 to 2024, 2 financial years
The operating result returns to profit in 2024: €6,723 after a loss of €13,873 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €40,548 | €44,253 | ▲ 9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €427 | - |
| Gross operating margin9900 | €26,675 | €51,403 | ▲ 92.7% |
| Operating profit (loss)9901 | -€13,873 | €6,723 | - |
| Financial income75/76B | €12 | €333 | ▲ 27× |
| Recurring financial income75 | €12 | €333 | ▲ 27× |
| Financial charges65/66B | €357 | €4,790 | ▲ 13× |
| Recurring financial charges65 | €357 | €4,790 | ▲ 13× |
| Profit (loss) for the period before taxes9903 | -€14,218 | €2,266 | - |
| Profit (loss) for the period9904 | -€14,218 | €2,266 | - |
| Profit (loss) for the period to be appropriated9905 | -€14,218 | €2,266 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €62,243 | €77,712 | ▲ 24.9% |
| Fixed assets21/28 | - | €7,173 | - |
| Intangible fixed assets21 | - | €7,173 | - |
| Current assets29/58 | €62,243 | €70,539 | ▲ 13.3% |
| Amounts receivable within one year40/41 | €50,262 | €28,079 | ▼ 44.1% |
| Trade receivables40 | €29,151 | €20,548 | ▼ 29.5% |
| Other amounts receivable41 | €21,111 | €7,531 | ▼ 64.3% |
| Cash at bank and in hand54/58 | €11,981 | €28,032 | ▲ 134% |
| Deferred charges and accrued income490/1 | - | €14,428 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €62,243 | €77,712 | ▲ 24.9% |
| Equity10/15 | €40,782 | €43,047 | ▲ 5.6% |
| Contributions10/11 | €55,000 | €55,000 | = |
| Profit (loss) carried forward14 | -€14,218 | -€11,953 | ▲ 15.9% |
| Amounts payable17/49 | €21,462 | €34,665 | ▲ 61.5% |
| Amounts payable within one year42/48 | €21,462 | €34,665 | ▲ 61.5% |
| Trade debts44 | €9,834 | €19,828 | ▲ 102% |
| Suppliers440/4 | €9,834 | €19,828 | ▲ 102% |
| Taxes, remuneration and social security45 | €8,793 | €6,003 | ▼ 31.7% |
| Remuneration and social security454/9 | €8,793 | €6,003 | ▼ 31.7% |
| Other amounts payable47/48 | €2,834 | €8,834 | ▲ 212% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€14,218 | €2,266 | - |
| + Depreciation and write-downs630 | - | €427 | - |
| Operating cash flow (approximation) | -€14,218 | €2,693 | - |
| Change in cash | - | €16,051 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 25-07-2025 | 2025-00349859 |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00324938 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €25,000 awarded · €25,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Xabu |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jan De Rieck Fonteinstraat 1A, 3000 Leuven |
19-02-2026 → present |
Owners and capital
Owners
1 ownerOwners 1
- Sourceaccounts XABU 202540%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-05
Gazette deed
Appointment: Xabu (director)3 facts ▸
- General meeting, 19-02-2024
- Director appointment, Xabu
- Other provision, “vertegenwoordiger, representative” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 |