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Old Sortie

Open bankruptcy
Private limited company (pre-2019)founded 2018Meldertstraat 38, 3500 Hasselt, BelgiumKBO/BCE: BE 0691.847.946
Summary

A bankruptcy procedure is open for Old Sortie according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (-€3,660) and a net result of -€40,149.

Old SortieOpen bankruptcy

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 Antwerp, Hasselt division
Declared bankrupt
11 April 2024
Supervising judge
Guy Vloeberghs
Official Gazette
17-04-2024 (pdf) ↗search the document for 2024/115693

Deadlines

Provisional date payments stopped
11 April 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 2 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 11 May 2024art. XX.104 and XX.155 CEL
First verification report
passed on 23 May 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 11 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Lieve DehaeseLuikersteenweg 187, 3500 Hasseltlievedehaese@dehaese.be
  • Johan DehaeseLuikersteenweg 187, 3500 Hasseltjohandehaese@dehaese.be
  • Jessie DeckmynLuikersteenweg 187, 3500 Hasseltjessiedeckmyn@dehaese.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

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
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 8 March 2018, Old Sortie was incorporated.1 Total assets went from EUR 29,115 in 2018 to EUR 47,491 in 2023.2 The company was declared bankrupt on 11 April 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 17-04-2024

Go further with this company

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

Financials · fiscal year 2023, micro schema

Turnover
€149,938
EBIT margin
-1.8%
Net result
-€40,149
2022 · €80,003
Working capital
-€13,516
2022 · €123,618
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€149,938
Operating result€20,828▲ 168%-€20,742€11,192€109,445▲ 878%-€2,648
Net result€15,629▲ 181%-€2,919within the sector's middle half€19,025within the sector's middle half€80,003above the sector's middle half▲ 321%-€40,149below the sector's middle half
EBIT margin-1.8%
Equity€39,798▲ 64.7%€36,879within the sector's middle half▼ 7.3%€55,904within the sector's middle half▲ 51.6%€135,907above the sector's middle half▲ 143%-€3,660within the sector's middle half
Total assets€67,718▲ 133%€72,664within the sector's middle half▲ 7.3%€81,701within the sector's middle half▲ 12.4%€199,974within the sector's middle half▲ 145%€47,491within the sector's middle half▼ 76.3%
Debt€27,920▲ 464%€35,785▲ 28.2%€25,796▼ 27.9%€64,067▲ 148%€51,152▼ 20.2%
Working capital€25,480▲ 115%€14,635within the sector's middle half▼ 42.6%€37,833within the sector's middle half▲ 159%€123,618above the sector's middle half▲ 227%-€13,516within the sector's middle half
Solvency58.8%▼ 24.2pp50.8%within the sector's middle half▼ 8.0pp68.4%above the sector's middle half▲ 17.7pp68.0%above the sector's middle half▼ 0.5pp-7.7%within the sector's middle half▼ 75.7pp
Current ratio1.91▼ 1.481.41within the sector's middle half▼ 0.502.47above the sector's middle half▲ 1.062.93above the sector's middle half▲ 0.460.74within the sector's middle half▼ 2.19
Return on assets (ROA)23.1%▲ 4.0pp-4.0%within the sector's middle half▼ 27.1pp23.3%within the sector's middle half▲ 27.3pp40.0%above the sector's middle half▲ 16.7pp-84.5%below the sector's middle half▼ 124.5pp
Staff (FTE)0.2
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2019: €20,828€20,828Net result 2019: €15,629€15,629Operating result 2020: -€20,742-€20,742Net result 2020: -€2,919-€2,919Operating result 2021: €11,192€11,192Net result 2021: €19,025€19,025Operating result 2022: €109,445€109,445Net result 2022: €80,003€80,003Operating result 2023: -€2,648-€2,648Net result 2023: -€40,149-€40,14920192020202120222023-€50,000€0€50,000€100,000Operating result 2021: €11,192€11,200Net result 2021: €19,025€19,000Operating result 2022: €109,445€109,000Net result 2022: €80,003€80,000Operating result 2023: -€2,648-€2,650Net result 2023: -€40,149-€40,100202120222023
The operating result turns negative in 2023: a loss of €2,648 after €109,445 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €47,491
Fixed assets €9,855 ▼ 19.8%
Current assets €37,636 ▼ 79.9%
Equity and liabilities
Equity-€3,660
Debt€51,152
Equity is negative: debt (€51,152) exceeds the balance-sheet total (€47,491).
Key figures and ratios
2023 value · change against 2022
EBITDA
€1,345▼
2022 · €115,722
Cash flow
-€36,156▼
2022 · €86,280
Quick ratio
0.66▼
2022 · 2.87
Interest coverage
0.47▼
2022 · 33.01
Debt ≤ 1 year
€51,152▼
2022 · €64,067
Income taxes
€34,612▲
2022 · €25,937
Staff costs
€115▼
2022 · €3,600
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
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€199,974€47,491▼
Fixed assets21/28€12,288€9,855▼
Tangible fixed assets22/27€12,288€9,855▼
Plant, machinery and equipment23€4,100€3,293▼
Furniture and vehicles24€8,188€6,563▼
Current assets29/58€187,685€37,636▼
Stocks and contracts in progress3€4,087€4,087=
Stocks30/36€4,087€4,087=
Amounts receivable within one year40/41€140,747€32,897▼
Trade receivables40€19,657-
Other amounts receivable41€121,090€32,897▼
Cash at bank and in hand54/58€42,852€653▼
Equity and liabilities
Total equity and liabilities10/49€199,974€47,491▼
Equity10/15€135,907-€3,660▼
Contributions10/11€18,600€0▼
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€115,447-€5,520▼
Amounts payable17/49€64,067€51,152▼
Amounts payable within one year42/48€64,067€51,152▼
Trade debts44€34,233-
Suppliers440/4€34,233-
Taxes, remuneration and social security45€29,620€51,152▲
Taxes450/3€29,195€51,152▲
Remuneration and social security454/9€425-
Other amounts payable47/48€214-
Income statement Code20222023
Turnover70-€149,938
Goods, raw materials, services and sundry goods60/61-€146,049
Remuneration, social security and pensions62€3,600€115▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,277€3,993▼
Other operating charges640/8€4,949€2,429▼
Gross operating margin9900€124,271€3,889▼
Operating profit (loss)9901€109,445-€2,648▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€3,506€2,890▼
Recurring financial charges65€3,506€2,890▼
Profit (loss) for the period before taxes9903€105,940-€5,537▼
Income taxes67/77€25,937€34,612▲
Profit (loss) for the period9904€80,003-€40,149▼
Profit (loss) for the period to be appropriated9905€80,003-€40,149▼
Appropriation of the result
Profit (loss) to be appropriated9906€115,447-€5,520▼
Profit (loss) brought forward from the previous period14P€35,444€34,628▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70----€149,938-
Goods, raw materials, services and sundry goods60/61----€146,049-
Remuneration, social security and pensions62--€194€3,600€115▼ 96.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,902€5,460€6,326€6,277€3,993▼ 36.4%
Other operating charges640/8--€2,565€4,949€2,429▼ 50.9%
Gross operating margin9900€32,485-€13,495€20,277€124,271€3,889▼ 96.9%
Operating profit (loss)9901€20,828-€20,742€11,192€109,445-€2,648▼ 102%
Financial income75/76B--€10,519€1€1▲ 6.9%
Recurring financial income75€1€2€0€1€1▲ 6.9%
Non-recurring financial income76B--€10,519---
Financial charges65/66B--€2,686€3,506€2,890▼ 17.6%
Recurring financial charges65€2,001€760€2,686€3,506€2,890▼ 17.6%
Profit (loss) for the period before taxes9903€18,829-€2,919€19,025€105,940-€5,537▼ 105%
Income taxes67/77€3,200--€25,937€34,612▲ 33.4%
Profit (loss) for the period9904€15,629-€2,919€19,025€80,003-€40,149▼ 150%
Profit (loss) for the period to be appropriated9905€15,629-€2,919€19,025€80,003-€40,149▼ 150%
Line20192020202120222023Change
Assets
Total assets20/58€67,718€72,664€81,701€199,974€47,491▼ 76.3%
Fixed assets21/28€14,318€22,244€18,071€12,288€9,855▼ 19.8%
Tangible fixed assets22/27€14,318€22,244€18,071€12,288€9,855▼ 19.8%
Plant, machinery and equipment23--€5,924€4,100€3,293▼ 19.7%
Furniture and vehicles24--€12,147€8,188€6,563▼ 19.9%
Current assets29/58€53,400€50,419€63,630€187,685€37,636▼ 79.9%
Stocks and contracts in progress3€4,087€4,087€4,087€4,087€4,087=
Stocks30/36--€4,087€4,087€4,087=
Amounts receivable within one year40/41€21,011€38,736€50,355€140,747€32,897▼ 76.6%
Trade receivables40--€19,657€19,657--
Other amounts receivable41--€30,697€121,090€32,897▼ 72.8%
Cash at bank and in hand54/58€27,150€6,444€9,189€42,852€653▼ 98.5%
Equity and liabilities
Total equity and liabilities10/49€67,718€72,664€81,701€199,974€47,491▼ 76.3%
Equity10/15€39,798€36,879€55,904€135,907-€3,660▼ 103%
Contributions10/11€18,600-€18,600€18,600€0▼ 100%
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14€19,338€16,419€35,444€115,447-€5,520▼ 105%
Amounts payable17/49€27,920€35,785€25,796€64,067€51,152▼ 20.2%
Amounts payable within one year42/48€27,920€35,785€25,796€64,067€51,152▼ 20.2%
Trade debts44€19,856€20,511€23,483€34,233--
Suppliers440/4--€23,483€34,233--
Taxes, remuneration and social security45--€2,100€29,620€51,152▲ 72.7%
Taxes450/3--€2,100€29,195€51,152▲ 75.2%
Remuneration and social security454/9---€425--
Other amounts payable47/48--€214€214--
Line20192020202120222023Change
Profit (loss) for the period9904€15,629-€2,919€19,025€80,003-€40,149▼ 150%
+ Depreciation and write-downs630€3,902€5,460€6,326€6,277€3,993▼ 36.4%
Operating cash flow (approximation)€19,531€2,541€25,352€86,280-€36,156▼ 142%
Investment in fixed assets (approximation)--€13,386-€2,153-€495-€1,559▼ 215%
Change in cash--€20,706€2,745€33,663-€42,199▼ 225%

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

2025
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 296 days late
2024
17-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 11-04-2024
2023
31-12
Financial Weakest financial yearnet -€40,149
Net result drops to -€40,149, the lowest in the series.
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial Highest result since 2018net €80,003 ▲321%
Operating result €109,445, net result €80,003, both a record.
31-12
Financial Equity above €100,000Eq €135,907 ▲143%
2 profitable years in a row build equity to €135,907.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial Back to profitnet €19,025
Net result €19,025 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
22-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
333 m²
Building footprint
333 m²
Volume, LiDAR
1,998 m³
Parcel 71022H0526/00G000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Old Sortie
Meldertstraat 38, 3500 HasseltCafés and bars
since 20182.273.822.233
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0526/00G000 Flanders 333 m² 1 · 333 m² 9.9 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 LIEVE DEHAESE
Luikersteenweg 187, 3500 Hasselt
11-04-2024 → present
Curator JOHAN DEHAESE
Luikersteenweg 187, 3500 Hasselt
11-04-2024 → present
Curator JESSIE DECKMYN
Luikersteenweg 187, 3500 Hasselt
11-04-2024 → 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 13,991 companies in this sector we hold annual accounts for 4,899. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded08-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
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.