OUTSOURCED
Open bankruptcyA bankruptcy procedure is open for OUTSOURCED according to publications in the Belgian State Gazette; curator: BRUNO DE RYNCK.
Summary
The 2023 annual accounts show negative equity (-€111,675) and a net result of -€111,724.
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, Ypres division
- Declared bankrupt
- 30 July 2024
- Supervising judge
- Joost Muylle
- Official Gazette
- 05-08-2024 (pdf) ↗search the document for 2024/131507
Deadlines
- Appeal or third-party opposition until
- passed on 20 August 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 August 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 September 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 30 July 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Bruno De RynckNijverheidstraat 2, 8900 Ieperbruno@advocaat-derouck.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 30-09-2023 was due by 30-04-2024 and was filed on 31-05-2024, 31 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
31 d late
2022
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed 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 Are there other customers at risk in your own list?List enrichment How is the Installation of industrial machinery and equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€111,675
2022 · €49
Total assets
€33,201▼ 8.5%
2022 · €36,268
Net result
-€111,724▼ 1,023%
2022 · -€9,951
Working capital
-€117,543
2022 · €49
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result-€9,658--€108,978▼ 1,028%
Net result-€9,951below the sector's middle half--€111,724below the sector's middle half▼ 1,023%
Equity€49below the sector's middle half--€111,675below the sector's middle half
Total assets€36,268below the sector's middle half-€33,201below the sector's middle half▼ 8.5%
Debt€36,220-€144,876▲ 300%
Working capital€49below the sector's middle half--€117,543below the sector's middle half
Solvency0.1%below the sector's middle half--336.4%below the sector's middle half▼ 336.5pp
Current ratio1.00below the sector's middle half-0.19below the sector's middle half▼ 0.81
Return on assets (ROA)-27.4%below the sector's middle half--336.5%below the sector's middle half▼ 309.1pp
Staff (FTE)1.1-5▲ 355%
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
The operating result stays negative: a loss of €108,978 in 2023 against €9,658 in 2022; the loss grows.
Balance-sheet composition
Assets €33,201
Fixed assets
€5,867
Current assets
€27,333
Key figures and ratios
EBITDA
-€108,330
Cash flow
-€111,076
Debt to equity
-1.30
Interest coverage
-36.13
Debt ≤ 1 year
€144,876▲
2022 · €36,220
Staff costs
€260,942▲
2022 · €64,129
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €64,129 | €260,942 | ▲ 307% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €648 | - |
| Other operating charges640/8 | €50 | €22,272 | ▲ 44,444% |
| Gross operating margin9900 | €54,522 | €174,885 | ▲ 221% |
| Operating profit (loss)9901 | -€9,658 | -€108,978 | ▼ 1,028% |
| Financial income75/76B | €1 | €252 | ▲ 28,581% |
| Recurring financial income75 | €1 | €252 | ▲ 28,581% |
| Financial charges65/66B | €295 | €2,999 | ▲ 918% |
| Recurring financial charges65 | €295 | €2,999 | ▲ 918% |
| Profit (loss) for the period before taxes9903 | -€9,951 | -€111,724 | ▼ 1,023% |
| Profit (loss) for the period9904 | -€9,951 | -€111,724 | ▼ 1,023% |
| Profit (loss) for the period to be appropriated9905 | -€9,951 | -€111,724 | ▼ 1,023% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,268 | €33,201 | ▼ 8.5% |
| Fixed assets21/28 | - | €5,867 | - |
| Tangible fixed assets22/27 | - | €5,867 | - |
| Plant, machinery and equipment23 | - | €5,867 | - |
| Current assets29/58 | €36,268 | €27,333 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €15,970 | €24,655 | ▲ 54.4% |
| Trade receivables40 | €15,970 | €15,814 | ▼ 1.0% |
| Other amounts receivable41 | - | €8,840 | - |
| Cash at bank and in hand54/58 | €7,191 | €1,347 | ▼ 81.3% |
| Deferred charges and accrued income490/1 | €13,108 | €1,332 | ▼ 89.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,268 | €33,201 | ▼ 8.5% |
| Equity10/15 | €49 | -€111,675 | ▼ 229,885% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€9,951 | -€121,675 | ▼ 1,123% |
| Amounts payable17/49 | €36,220 | €144,876 | ▲ 300% |
| Amounts payable within one year42/48 | €36,220 | €144,876 | ▲ 300% |
| Trade debts44 | €17,567 | €60,838 | ▲ 246% |
| Suppliers440/4 | €17,567 | €60,838 | ▲ 246% |
| Taxes, remuneration and social security45 | €17,702 | €84,037 | ▲ 375% |
| Taxes450/3 | €8,908 | €52,408 | ▲ 488% |
| Remuneration and social security454/9 | €8,794 | €31,629 | ▲ 260% |
| Other amounts payable47/48 | €951 | - | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,951 | -€111,724 | ▼ 1,023% |
| + Depreciation and write-downs630 | - | €648 | - |
| Operating cash flow (approximation) | -€9,951 | -€111,076 | ▼ 1,016% |
| Change in cash | - | -€5,844 | - |
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
2024
05-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 30-07-2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Staden · 1 establishment unit since 2021
Ground area
1,884 m²
Building footprint
449 m²
Volume, LiDAR
1,484 m³
Parcel 36019A1119/00A003, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
OUTSOURCED
since 20212.322.329.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019A1119/00A003 | Flanders | 1,883 m² | 1 · 449 m² | 8.5 m · 1 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRUNO DE RYNCK NIJVERHEIDSTRAAT 2, 8900 IEPER- |
30-07-2024 → present |
Similar companies · same sector, comparable size
Of 1,226 companies in sector 33200 we hold annual accounts for 679. 2 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-09-2021
Fiscal year end30-09
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
25530Machining of metals
33120Repair and maintenance of machinery
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
74999Other professional, scientific and technical activities
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.