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NIKOVER

Open bankruptcy
Private limited company (pre-2019)founded 2009Grote Steenweg 149, 9870 Zulte, BelgiumKBO/BCE: BE 0812.689.952

A bankruptcy procedure is open for NIKOVER according to publications in the Belgian State Gazette; curator: MIEKE VAN CUYCK.

Summary

The 2017 annual accounts show negative equity (-€198,529) and a net result of -€36,490.

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 Ghent, Ghent division
Declared bankrupt
23 April 2019
Supervising judge
Dirk Van Schil
Official Gazette
29-04-2019 (pdf) ↗search the document for 2019/120996

Deadlines

Provisional date payments stopped
23 April 2019A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 14 May 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 23 May 2019art. XX.104 and XX.155 CEL
First verification report
passed on 6 June 2019Goods 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 23 April 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Mieke Van CuyckSint-Christianastraat 48, 9890 04 Dikkelvennemieke@vancuyck.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.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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

On 22 June 2009, NIKOVER was incorporated.1 Total assets went from EUR 301,349 in 2013 to EUR 263,835 in 2017.2 The company was declared bankrupt on 23 April 2019.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian State Gazette, 29-04-2019

Go further with this company

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

Financials · fiscal year 2017, micro schema

Equity
-€198,529▼ 22.5%
2016 · -€162,039
Total assets
€263,835▼ 31.4%
2016 · €384,707
Net result
-€36,490▲ 53.1%
2016 · -€77,815
Working capital
-€225,850▼ 19.3%
2016 · -€189,357
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20132014201520162017
Operating result-€11,114-€7,504-€31,231-€68,309▼ 119%-€22,853▲ 66.5%
Net result-€19,381--€49,066▼ 153%-€31,904▲ 35.0%-€77,815▼ 144%-€36,490▲ 53.1%
Equity-€3,254--€52,320▼ 1,508%-€84,224▼ 61.0%-€162,039▼ 92.4%-€198,529▼ 22.5%
Total assets€301,349-€235,097▼ 22.0%€259,113▲ 10.2%€384,707▲ 48.5%€263,835▼ 31.4%
Debt€304,602-€287,417▼ 5.6%€343,337▲ 19.5%€546,746▲ 59.2%€462,363▼ 15.4%
Working capital-€86,604--€70,566▲ 18.5%-€98,250▼ 39.2%-€189,357▼ 92.7%-€225,850▼ 19.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2013: -€11,114-€11,114Net result 2013: -€19,381-€19,381Operating result 2014: €7,504€7,504Net result 2014: -€49,066-€49,066Operating result 2015: -€31,231-€31,231Net result 2015: -€31,904-€31,904Operating result 2016: -€68,309-€68,309Net result 2016: -€77,815-€77,815Operating result 2017: -€22,853-€22,853Net result 2017: -€36,490-€36,49020132014201520162017-€80,000-€60,000-€40,000-€20,000€0Operating result 2015: -€31,231-€31,200Net result 2015: -€31,904-€31,900Operating result 2016: -€68,309-€68,300Net result 2016: -€77,815-€77,800Operating result 2017: -€22,853-€22,900Net result 2017: -€36,490-€36,500201520162017
The operating result stays negative: a loss of €22,853 in 2017 against €68,309 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €263,835
Fixed assets €167,250 ▼ 14.0%
Current assets €96,585 ▼ 49.2%
Key figures and ratios
2017 value · change against 2016
EBITDA
-€10,741▲
2016 · -€50,625
Cash flow
-€24,378▲
2016 · -€60,131
Solvency
-75.2%▼
2016 · -42.1%
Current ratio
0.30▼
2016 · 0.50
Quick ratio
0.25▲
2016 · 0.08
Debt to equity
-0.69▲
2016 · -1.02
ROA
-13.8%▲
2016 · -20.2%
Debt ≤ 1 year
€322,435▼
2016 · €379,671
Debt > 1 year
€137,368▼
2016 · €165,575
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 23 lines
Balance sheet Code20162017
Assets
Total assets20/58€384,707€263,835▼
Fixed assets21/28€194,393€167,250▼
Tangible fixed assets22/27€191,893€159,850▼
Financial fixed assets28€2,500€7,400▲
Current assets29/58€190,314€96,585▼
Stocks and contracts in progress3€158,490€16,890▼
Amounts receivable within one year40/41€27,243€13,231▼
Cash at bank and in hand54/58€4,581€61,381▲
Equity and liabilities
Total equity and liabilities10/49€384,707€263,835▼
Equity10/15-€162,039-€198,529▼
Contributions10/11€88,550€88,550=
Profit (loss) carried forward14-€250,589-€287,079▼
Amounts payable17/49€546,746€462,363▼
Amounts payable after more than one year17€165,575€137,368▼
Amounts payable within one year42/48€379,671€322,435▼
Trade debts44€95,927€81,552▼
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,683€12,112▼
Gross operating margin9900-€43,936€8,572▲
Operating profit (loss)9901-€68,309-€22,853▲
Recurring financial charges65€9,506€13,637▲
Profit (loss) for the period before taxes9903-€77,815-€36,490▲
Profit (loss) for the period9904-€77,815-€36,490▲
Profit (loss) for the period to be appropriated9905-€77,815-€36,490▲
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,009€19,384€12,949€17,683€12,112▼ 31.5%
Gross operating margin9900€27,890€30,484-€11,531-€43,936€8,572▲ 120%
Operating profit (loss)9901-€11,114€7,504-€31,231-€68,309-€22,853▲ 66.5%
Recurring financial income75€14€26€1---
Recurring financial charges65€8,068€12,105€10,351€9,506€13,637▲ 43.5%
Profit (loss) for the period before taxes9903-€19,168-€49,066-€31,646-€77,815-€36,490▲ 53.1%
Income taxes67/77€213€0€258---
Profit (loss) for the period9904-€19,381-€49,066-€31,904-€77,815-€36,490▲ 53.1%
Profit (loss) for the period to be appropriated9905-€19,381-€49,066-€31,904-€77,815-€36,490▲ 53.1%
Line20132014201520162017Change
Assets
Total assets20/58€301,349€235,097€259,113€384,707€263,835▼ 31.4%
Fixed assets21/28€285,496€204,989€187,586€194,393€167,250▼ 14.0%
Tangible fixed assets22/27€285,496€204,989€185,086€191,893€159,850▼ 16.7%
Financial fixed assets28--€2,500€2,500€7,400▲ 196%
Current assets29/58€15,852€30,108€71,526€190,314€96,585▼ 49.2%
Stocks and contracts in progress3€8,013€5,664€9,050€158,490€16,890▼ 89.3%
Amounts receivable within one year40/41€1,410€916€38,948€27,243€13,231▼ 51.4%
Cash at bank and in hand54/58€6,430€23,527€22,225€4,581€61,381▲ 1,240%
Equity and liabilities
Total equity and liabilities10/49€301,349€235,097€259,113€384,707€263,835▼ 31.4%
Equity10/15-€3,254-€52,320-€84,224-€162,039-€198,529▼ 22.5%
Contributions10/11€88,550€88,550€88,550€88,550€88,550=
Profit (loss) carried forward14-€91,804-€140,870-€172,774-€250,589-€287,079▼ 14.6%
Amounts payable17/49€304,602€287,417€343,337€546,746€462,363▼ 15.4%
Amounts payable after more than one year17€202,146€186,743€172,061€165,575€137,368▼ 17.0%
Amounts payable within one year42/48€102,456€100,673€169,776€379,671€322,435▼ 15.1%
Trade debts44€5,566€19,474-€95,927€81,552▼ 15.0%
Line20132014201520162017Change
Profit (loss) for the period9904-€19,381-€49,066-€31,904-€77,815-€36,490▲ 53.1%
+ Depreciation and write-downs630€38,009€19,384€12,949€17,683€12,112▼ 31.5%
Operating cash flow (approximation)€18,628-€29,682-€18,955-€60,131-€24,378▲ 59.5%
Investment in fixed assets (approximation)-€61,123€4,454-€24,490€15,031▲ 161%
Change in cash-€17,097-€1,302-€17,644€56,800▲ 422%

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

2023
11-07
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Gent · event 04-07-2023
2019
29-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 23-04-2019
08-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 220 days late
2017
21-11
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 113 days late
2016
31-12
Financial Weakest financial yearnet -€77,815
Net result drops to -€77,815, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
08-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 69 days late
2014
29-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 60 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 30 days late
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zulte · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
1,084 m²
Building footprint
310 m²
Volume, LiDAR
601 m³
Parcel 44050B1131/00D000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Nikomotors
Grote Steenweg 149, 9870 ZulteNACE 45112
since 20092.179.620.979
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44050B1131/00D000 Flanders 1,084 m² 1 · 310 m² 6.5 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 MIEKE VAN CUYCK
SINT-CHRISTIANASTRAAT 48, 9890 04 DIKKELVENNE
23-04-2019 → 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 10,664 companies in sector 47811 we hold annual accounts for 5,227. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded22-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
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 28 September 2026 · Peppol Directory

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