OTARY
Open bankruptcyA bankruptcy procedure is open for OTARY according to publications in the Belgian State Gazette; curator: XAVIER IBARRONDO LASA.
Summary
The 2018 annual accounts show equity of €395,443 and a net result of €22,488.
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 Walloon Brabant
- Declared bankrupt
- 9 November 2020
- Supervising judge
- Thierry Cherpion
- Official Gazette
- 16-11-2020 (pdf) ↗search the document for 2020/141948
Deadlines
- Appeal or third-party opposition until
- passed on 1 December 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 9 December 2020art. XX.104 and XX.155 CEL
- First verification report
- passed on 21 December 2020Goods 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 9 November 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Xavier Ibarrondo LasaOff.Park Green Alley, Rue Du Panier Vert 70, 1400 Nivellesxavier.ibarrondo@avocatsjanssens.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 31-12-2018 was due by 31-07-2019 and was filed on 26-08-2019, 26 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
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?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2018, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22,488
Working capital
€393,686
Balance-sheet composition
Assets €531,290
Fixed assets
€3,784
Current assets
€527,506
Equity and liabilities €531,290
Equity
€395,443
Debt
€135,847
Debt finances 25.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€33,286
Cash flow
€28,796
Current ratio
3.94
Debt to equity
0.01
ROE
5.7%
ROA
4.2%
Debt ≤ 1 year
€133,820
Debt > 1 year
€2,026
Income taxes
€3,488
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,308 |
| Gross operating margin9900 | €437,564 |
| Operating profit (loss)9901 | €26,978 |
| Recurring financial income75 | €223 |
| Recurring financial charges65 | €2,225 |
| Profit (loss) for the period before taxes9903 | €25,976 |
| Income taxes67/77 | €3,488 |
| Profit (loss) for the period9904 | €22,488 |
| Profit (loss) for the period to be appropriated9905 | €22,488 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €531,290 | |
| Fixed assets21/28 | €3,784 | |
| Tangible fixed assets22/27 | €3,664 | |
| Financial fixed assets28 | €120 | |
| Current assets29/58 | €527,506 | |
| Amounts receivable within one year40/41 | €377,996 | |
| Current investments50/53 | €57,884 | |
| Cash at bank and in hand54/58 | €86,652 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €531,290 | |
| Equity10/15 | €395,443 | |
| Contributions10/11 | €100,000 | |
| Reserves13 | €22,048 | |
| Profit (loss) carried forward14 | €273,395 | |
| Amounts payable17/49 | €135,847 | |
| Amounts payable after more than one year17 | €2,026 | |
| Amounts payable within one year42/48 | €133,820 | |
| Trade debts44 | €27,750 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €22,488 |
| + Depreciation and write-downs630 | €6,308 |
| Operating cash flow (approximation) | €28,796 |
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
2020
16-11
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 09-11-2020
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 17 days late
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
09-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 9 days late
2012
10-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 10 days late
2011
23-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
16-06
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
SignalNBB filing
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 1999
Ground area
715 m²
Building footprint
212 m²
Volume, LiDAR
2,186 m³
2 parcels, Brussels, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
André Baillonstraat 40, 1190 Vorst
since 19992.092.166.373
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0365/00A000 | Wallonia | 526 m² | 1 · 83 m² | 9.2 m · 2 fl. |
| 21384D0210/00R013 | Brussels | 189 m² | 1 · 129 m² | 14.4 m · 4 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER IBARRONDO LASA OFF.PARK GREEN ALLEY,
RUE DU PANIER VERT 70, 1400 NIVELLES - |
09-11-2020 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-09-1999
Fiscal year end31-12
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.