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PADO

Open bankruptcy
Private limited company (pre-2019)founded 1997Kapiteinstraat 38, 9000 Gent, BelgiumKBO/BCE: BE 0461.151.262

A bankruptcy procedure is open for PADO according to publications in the Belgian Official Gazette; trustee: Matthias Gesquiere.

Summary

The 2018 annual accounts show equity of €53,718 and a net result of €12,491.

PADOOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
21 September 2021
Supervising judge
Guy Lucq
Official Gazette
27-09-2021 (pdf) ↗search the document for 2021/132459

Deadlines

Provisional date payments stopped
21 September 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 12 October 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 21 October 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 29 October 2021Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 21 September 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€292,257total assets 2018
Staff
2 FTE
Equity
€53,718
Profit
€12,491
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
No directors known
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 30-04-2019, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2020
not filed
2019
not filed
2018
on the day
2017
17 days late
2016
30 days late
2015
10 days late
2014
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 17 days after the deadline; the sector median (NACE 43) for financial year 2020 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Ghent…
  2. Annual accounts filedfinancial year 2018 · micro…
  3. Annual accounts filedfinancial year 2017 · micro…

Key points

  • Risk: Declared bankrupttrustee: Matthias Gesquiere 21-09-2021 View
  • Positive: 5 profitable years in a rowprofit 2018: €12,491 5 years View
  • Total assets 20185 financial years filed €292,257 View

By topic

Financials

Financial year
2018
Total assets
€292,257
Profit
€12,491
Solvency
18.4%
Total assets▲ 12.0%
Net result
20142018
Go to Financials

Timeline

Events
23
Since
1999
  1. 30-05-2017Annual accounts filed
  2. 30-09-2016Weakest financial year
  3. 10-05-2016Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General electrical installation workNACE 43211
Founded
15-07-1997
Year ends
30-09
Peppol
Still in the Peppol directory
Go to Company details

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