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P&A GROUP

Inactive KBO/BCE: BE 0553.626.015

Information for creditors

Enterprise Court of Hainaut · Official Gazette of 23-12-2019

Opened on 9 December 2019 · extended on 30 March 2020 · moratorium passed on 9 September 2020

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by collective agreement
Docket number
20190031
Moratorium until
9 September 2020 (passed, unless a later judgment extended it)
Creditors' vote
25 August 2020
Delegated judge
Pierre Battard
Official Gazette
23-12-2019search the document for 2019/162922
Extension
judgment of 30 March 2020, Official Gazette 03-04-2020search the document for 2020/114174

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

Lifetime

4 annual accounts with figures on one time axis
peak €773,059 (2019)
€773,059▲ 88.9%
lowest -€441,889 (2019)
-€441,889▼ €464,095
peak €13,305 (2018)
-€250,583▼ €263,889
€565,572▲ 53.4%
peak 15.2 FTE (2018)
-not published
Board4 names since 2017
- 
Owners3 names in the annual accounts
  
Documentsfilings and deeds
22-11-201922 days late
2019financial year
Judicial reorganisation opened 23-12Gross margin from €409,139 to €773,059Loss of €441,889Resignation: d'Olne Raphaël (manager) 05-06Equity from €13,305 to -€250,583Debts from €368,587 to €565,572

Key points

from the 2019 annual accounts, the last ones filed

Debts

€565,572 180% of the balance sheet
After one year 1%Within one year 99%

Of this, €557,348 falls due within a year.

Filings

4 annual accounts 1 late
deadline2016201720182019

The 2019 accounts came 22 days late. The other three were filed on time.

Final months

260 days from reorganisation to bankruptcy
  • 09-12-2019 reorganisation opened
  • 25-08-2020 declared bankrupt
  • 31-08-2020 published in the Official Gazette
No score

Board and ownership

last known board
DR
Manager, until 2019
  • Arnaud Racine 33.71%annual accounts 31-03-2018
  • SAS SOLO AGILIS 33.43%annual accounts 31-03-2018
  • Raphaël D'Olne 32.86%annual accounts 31-03-2018
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Hainaut, Mons division · judgment of 09-05-2022 · Bankruptcy
Bankruptcy published Enterprise Court of Hainaut, Mons division · judgment of 25-08-2020 · Bankruptcy
Extension Enterprise Court of Hainaut · collective agreement · judgment of 30-03-2020 · Judicial reorganisation
Judicial reorganisation opened Enterprise Court of Hainaut · collective agreement · judgment of 09-12-2019 · Judicial reorganisation
All 15 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 10-06-2014 · bankruptcy closed on 09-05-2022
Activity
No activity registered in the KBO
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2019

≈ €1.8mestimated
€314,989
Filing
Filed on 22-11-2019
Financials

Insights on P&A GROUP

Equity fell from €13,305 in 2018 to -€250,583 in 2019, while debts rose from €368,587 to €565,572.

On 9 December 2019 the court opened a judicial reorganisation. 260 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about P&A GROUP

What is the company number of P&A GROUP?
The company number of P&A GROUP is 0553.626.015. The VAT number is the same number with BE in front: BE 0553.626.015.
What is the legal form of P&A GROUP?
Legal form of P&A GROUP: SPRL.
Is P&A GROUP still active?
No. P&A GROUP is inactive in the KBO register.Company details
What is the turnover of P&A GROUP?
The turnover in financial year 2019 is ≈ €1.8m. This figure is estimated from the gross margin of €773,059 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.1m. It is a rough estimate.Financials
Is P&A GROUP profitable?
In financial year 2019, P&A GROUP made a loss of €441,889.
Where can I find the annual accounts of P&A GROUP?
P&A GROUP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2019.

Next steps

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