OLBIE
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 Brussels
- Declared bankrupt
- 24 June 2025
- Supervising judge
- Wouter Delcourt
- Official Gazette
- 30-06-2025 (pdf) ↗search the document for 2025/128410
Deadlines
- Provisional date payments stopped
- 24 March 2025Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 15 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 30 July 2025Goods 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 24 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Toon ProostVictor Nonnemanstraat 15 B, 1600 Sint-Pieters-Leeuwtoon.proost@noma.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 · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 06-08-2024, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
86 d early
2023
91 d late
2021
16 d late
2020
30 d late
2019
290 d late
2018
7 d late
2017
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 54 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% 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 2024, abbreviated schema
Equity
-€12,151
2023 · €190,311
Total assets
€154,468▼ 58.0%
2023 · €367,925
Net result
-€202,462
2023 · €3,108
Working capital
-€15,875
2023 · €186,587
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result€21,428▼ 12.8%€7,523▼ 64.9%€138,840▲ 1,745%€3,746--€202,462
Net result€13,180▼ 22.3%€5,442▼ 58.7%€99,255▲ 1,724%€3,108--€202,462
Equity€82,506▲ 23.3%€87,948▲ 6.6%€187,203▲ 113%€190,311--€12,151
Total assets€99,307▲ 3.8%€132,913▲ 33.8%€376,168▲ 183%€367,925-€154,468▼ 58.0%
Debt€16,801▼ 41.6%€44,965▲ 168%€188,965▲ 320%€177,614-€166,619▼ 6.2%
Working capital€82,506▲ 89.6%€87,948▲ 6.6%€166,658▲ 89.5%€186,587--€15,875
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €202,462 after €3,746 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154,468
Fixed assets
€3,724 =
Current assets
€150,744 ▼ 58.6%
Equity and liabilities
Equity-€12,151
Debt€166,619
Equity is negative: debt (€166,619) exceeds the balance-sheet total (€154,468).
Key figures and ratios
Solvency
-7.9%▼
2023 · 51.7%
Current ratio
0.90▼
2023 · 2.05
ROA
-131.1%▼
2023 · 0.8%
Debt ≤ 1 year
€166,619▼
2023 · €177,614
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €33,455 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,914 | €1,276 | - | - |
| Other operating charges640/8 | - | - | €348 | €348 | €298 | ▼ 14.4% |
| Non-recurring operating charges66A | - | - | €8,625 | - | - | - |
| Gross operating margin9900 | €31,982 | €8,060 | €150,726 | €5,369 | -€202,164 | ▼ 3,865% |
| Operating profit (loss)9901 | €21,428 | €7,523 | €138,840 | €3,746 | -€202,462 | ▼ 5,505% |
| Financial income75/76B | - | - | €2,514 | €1 | - | - |
| Recurring financial income75 | €40 | €2,000 | €2,514 | €1 | - | - |
| Financial charges65/66B | - | - | €2,319 | €639 | - | - |
| Recurring financial charges65 | €769 | €2,081 | €2,319 | €639 | - | - |
| Profit (loss) for the period before taxes9903 | €20,699 | €7,442 | €139,035 | €3,108 | -€202,462 | ▼ 6,615% |
| Income taxes67/77 | €7,518 | €2,000 | €39,780 | - | - | - |
| Profit (loss) for the period9904 | €13,180 | €5,442 | €99,255 | €3,108 | -€202,462 | ▼ 6,615% |
| Profit (loss) for the period to be appropriated9905 | €13,180 | €5,442 | €99,255 | €3,108 | -€202,462 | ▼ 6,615% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,307 | €132,913 | €376,168 | €367,925 | €154,468 | ▼ 58.0% |
| Fixed assets21/28 | - | - | €20,545 | €3,724 | €3,724 | = |
| Tangible fixed assets22/27 | - | - | €20,545 | €3,724 | €3,724 | = |
| Plant, machinery and equipment23 | - | - | - | €3,724 | €3,724 | = |
| Furniture and vehicles24 | - | - | €20,545 | - | - | - |
| Current assets29/58 | €99,307 | €132,913 | €355,623 | €364,201 | €150,744 | ▼ 58.6% |
| Amounts receivable after more than one year29 | - | - | €99,610 | €99,610 | - | - |
| Other amounts receivable291 | - | - | €99,610 | €99,610 | - | - |
| Amounts receivable within one year40/41 | €99,307 | €10,341 | €163,673 | €236,544 | €148,310 | ▼ 37.3% |
| Trade receivables40 | - | - | €62,033 | €119,466 | €2,783 | ▼ 97.7% |
| Other amounts receivable41 | - | - | €101,640 | €117,078 | €145,527 | ▲ 24.3% |
| Current investments50/53 | - | - | - | €24,048 | - | - |
| Cash at bank and in hand54/58 | - | €20,795 | €18,620 | - | €2,434 | - |
| Deferred charges and accrued income490/1 | - | - | €73,720 | €4,000 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,307 | €132,913 | €376,168 | €367,925 | €154,468 | ▼ 58.0% |
| Equity10/15 | €82,506 | €87,948 | €187,203 | €190,311 | -€12,151 | ▼ 106% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €50,726 | €56,168 | €168,603 | €168,603 | €168,603 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - |
| Distributable reserves133 | - | - | €166,743 | €168,603 | €168,603 | = |
| Profit (loss) carried forward14 | €13,180 | €13,180 | - | €3,108 | -€199,354 | ▼ 6,515% |
| Amounts payable17/49 | €16,801 | €44,965 | €188,965 | €177,614 | €166,619 | ▼ 6.2% |
| Amounts payable within one year42/48 | €16,801 | €44,965 | €188,965 | €177,614 | €166,619 | ▼ 6.2% |
| Trade debts44 | - | €2,628 | €48,375 | €84,217 | €8,764 | ▼ 89.6% |
| Suppliers440/4 | - | - | €48,375 | €84,217 | €8,764 | ▼ 89.6% |
| Taxes, remuneration and social security45 | - | - | €71,490 | €19,070 | €89,529 | ▲ 369% |
| Taxes450/3 | - | - | €71,490 | €19,070 | €89,529 | ▲ 369% |
| Other amounts payable47/48 | - | - | €69,100 | €74,327 | €68,326 | ▼ 8.1% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,180 | €5,442 | €99,255 | €3,108 | -€202,462 | ▼ 6,615% |
| + Depreciation and write-downs630 | - | - | €2,914 | €1,276 | - | - |
| Operating cash flow (approximation) | €13,180 | €5,442 | €102,168 | €4,384 | -€202,462 | ▼ 4,718% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | - | -€2,175 | - | - | - |
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
2025
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 24-06-2025
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
05-04
KBO administration
Address struck
event 09-02-2024
31-03
Financial
Weakest financial yearnet -€202,462
Net result drops to -€202,462, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
2023
07-04
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Liège · event 03-04-2023
24-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 20-02-2023
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
31-12
Financial
Highest result since 2018net €99,255 ▲1,724%
Operating result €138,840, net result €99,255, both a record.
31-12
Financial
Equity above €150,000Eq €187,203 ▲113%
4 profitable years in a row build equity to €187,203.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
17-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 290 days late
Show earlier events
2019
31-12
Financial
Liquidity doublescurrent ratio 5.91
Current ratio from 2.68 to 5.91; short-term debt falls from €25,968 to €16,801.
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
2015
14-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 75 days late
2014
21-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 82 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2008
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
297
companies at this address
See who is registered here
1 establishment unit
Expertisecentrum
since 20082.174.593.015
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOON PROOST Victor Nonnemanstraat 15 B, 1600 Sint-Pieters-Leeuw |
24-06-2025 → present |
| Curator | JULIEN STOCKMAN Rue Des Champs, 58, 4020 Liege 2 |
20-02-2023 → 03-04-2023 |
| Curator | DIDIER GRIGNARD Rue Des Champs 58, 4020 Liege 2 |
20-02-2023 → 03-04-2023 |
Company details
Identification
Legal formPrivate limited company
Founded19-11-2008
Fiscal year end31-03
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.