ND 2020
Open bankruptcyAre 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, Hasselt division
- Declared bankrupt
- 2 July 2024
- Supervising judge
- Ivo Van Genechten
- Official Gazette
- 10-07-2024 (pdf) ↗search the document for 2024/128722
Deadlines
- Provisional date payments stopped
- 2 July 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 1 August 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 August 2024Goods 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 2 July 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Mark HuygenMaastrichterpoort 13 Bus 1, 3740 Bilzenmark@huygenadvocaten.be
- Martine ClaesenMaastrichterpoort 13 Bus 1, 3740 Bilzenmartine@huygenadvocaten.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.
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
Three 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 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 1 filingDeviation from the deadline
2020
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2020 accounts 61 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% 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?Addresses Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€23,756
Total assets
€156,262
Net result
€8,756
Working capital
-€36,776
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €156,262
Fixed assets
€60,531
Current assets
€95,731
Equity and liabilities €156,262
Equity
€23,756
Debt
€132,506
Debt finances 84.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€14,826
Cash flow
€12,315
Current ratio
0.72
Quick ratio
0.66
ROE
36.9%
ROA
5.6%
Debt ≤ 1 year
€132,506
Income taxes
€2,189
Annual accounts
| Line | 2020 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,560 |
| Gross operating margin9900 | €14,826 |
| Operating profit (loss)9901 | €11,266 |
| Recurring financial charges65 | €322 |
| Profit (loss) for the period before taxes9903 | €10,945 |
| Income taxes67/77 | €2,189 |
| Profit (loss) for the period9904 | €8,756 |
| Profit (loss) for the period to be appropriated9905 | €8,756 |
| Line | 2020 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €156,262 | |
| Fixed assets21/28 | €60,531 | |
| Intangible fixed assets21 | €37,667 | |
| Tangible fixed assets22/27 | €19,143 | |
| Financial fixed assets28 | €3,722 | |
| Current assets29/58 | €95,731 | |
| Stocks and contracts in progress3 | €8,759 | |
| Amounts receivable within one year40/41 | €82,989 | |
| Cash at bank and in hand54/58 | €3,982 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €156,262 | |
| Equity10/15 | €23,756 | |
| Profit (loss) carried forward14 | €8,756 | |
| Amounts payable17/49 | €132,506 | |
| Amounts payable within one year42/48 | €132,506 | |
| Trade debts44 | €84,502 | |
| Line | 2020 |
|---|---|
| Profit (loss) for the period9904 | €8,756 |
| + Depreciation and write-downs630 | €3,560 |
| Operating cash flow (approximation) | €12,315 |
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
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 02-07-2024
01-03
KBO administration
Address struck
event 28-12-2023
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
SignalNBB filing
0 of 6 acts read
About the unread acts
We know of 6 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
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2020
Ground area
8,494 m²
Building footprint
1,450 m²
Volume, LiDAR
751 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L'Express
since 2020unit no. 2.302.402.985
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 71024A0660/00L006 | Flanders | 183 m² | 1 · 120 m² | 10.4 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARK HUYGEN Maastrichterpoort 13 Bus 1, 3740 Bilzen |
02-07-2024 → present |
| Curator | MARTINE
CLAESEN Maastrichterpoort 13 Bus 1, 3740 Bilzen |
02-07-2024 → present |
Company details
Identification
Legal formPrivate limited company
Founded13-05-2020
Fiscal year end31-12
Contact
E-mail
rayan.rayan.chair@gmail.com
Phone
+32472084003
Phone
067/638452
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.