The file of OTOBOS contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show negative equity (-€1.1m) and a net result of -€167,555. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 5% of 4,796 sector peers (NACE 68, financial year 2024).
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
How you are paid depends on the track: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
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Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
Auditor: DELVAUX WILMET ASSOCIES SRL2025 accounts not filed, 90 days past the deadline4 of 13 deeds summarised
Signalsraises riskNegative equityIn judicial reorganisationAnnual accounts not filed2024 accounts filed 144 days lateShow the evidence
Checked score
Score 2024
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
0/ 100
Critical
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency0=
equity -677.7% of total assets
Liquidity0=
short-term debt 246.0% · cash 0.0%
Profitability0=
return on assets -106.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.0, compared with 0.15 in 2023, below 1; short-term debt: 246% and cash: 0% of total assets), and equity is negative.
Signals
Four signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
31-12-2025 year end31-07-2026 deadline29-10-2026 today
raises risk · 2024 accounts filed 144 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 102 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Court officer appointedFrench-language Enterprise Court of Brussels