PAGE
Open bankruptcyA bankruptcy procedure is open for PAGE according to publications in the Belgian State Gazette; curator: RONNY CEUSTERS.
Summary
The 2021 annual accounts show negative equity (-€278,830) and a net result of -€140,179.
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 Antwerp, Turnhout division
- Declared bankrupt
- 30 May 2023
- Supervising judge
- Guido Ceulemans
- Official Gazette
- 05-06-2023 (pdf) ↗search the document for 2023/121941
Curator
- Ronny CeustersGemeentestraat 4 Bus 6, 2300 Turnhoutinfo@pswc-advocaten.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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
26 d early
2020
23 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 31 days before the deadline; 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?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€278,830▼ 101%
2020 · -€138,651
Total assets
€383,015▼ 23.9%
2020 · €503,224
Net result
-€140,179
2020 · €63,780
Working capital
-€251,141▼ 189%
2020 · -€86,757
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€150,136--€57,134▲ 61.9%€82,243-€99,326
Net result-€159,266--€80,578▲ 49.4%€63,780-€140,179
Equity-€212,335--€212,335=-€138,651▲ 34.7%-€278,830▼ 101%
Total assets€394,926-€498,672▲ 26.3%€503,224▲ 0.9%€383,015▼ 23.9%
Debt€607,261-€701,102▲ 15.5%€641,875▼ 8.4%€661,845▲ 3.1%
Working capital-€127,705--€185,475▼ 45.2%-€86,757▲ 53.2%-€251,141▼ 189%
Staff (FTE)1.5-1.6▲ 6.7%1.9▲ 18.8%2.8▲ 47.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Equity -101% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €99,326 after €82,243 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €383,015
Fixed assets
€56,554 ▼ 19.0%
Current assets
€326,461 ▼ 24.7%
Key figures and ratios
EBITDA
-€83,482▼
2020 · €97,855
Cash flow
-€124,335▼
2020 · €79,392
Solvency
-72.8%▼
2020 · -27.6%
Current ratio
0.57▼
2020 · 0.83
Quick ratio
0.15▼
2020 · 0.47
Debt to equity
-2.37▼
2020 · -0.88
ROA
-36.6%▼
2020 · 12.7%
Interest coverage
-2.57
Debt ≤ 1 year
€577,602▲
2020 · €520,129
Debt > 1 year
€84,242▼
2020 · €121,746
Staff costs
€166,393
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €166,393 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,220 | €21,045 | €15,613 | €15,844 | ▲ 1.5% |
| Other operating charges640/8 | - | - | - | €3,281 | - |
| Gross operating margin9900 | -€77,274 | €143,303 | €205,277 | €86,192 | ▼ 58.0% |
| Operating profit (loss)9901 | -€150,136 | -€57,134 | €82,243 | -€99,326 | ▼ 221% |
| Financial income75/76B | - | - | - | €114 | - |
| Recurring financial income75 | €3,653 | €5,177 | €8,852 | €114 | ▼ 98.7% |
| Financial charges65/66B | - | - | - | €40,966 | - |
| Recurring financial charges65 | €27,096 | €34,002 | €27,315 | €32,532 | ▲ 19.1% |
| Non-recurring financial charges66B | - | - | - | €8,435 | - |
| Profit (loss) for the period before taxes9903 | -€159,266 | -€80,578 | €63,780 | -€140,179 | ▼ 320% |
| Income taxes67/77 | €0 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€159,266 | -€80,578 | €63,780 | -€140,179 | ▼ 320% |
| Profit (loss) for the period to be appropriated9905 | -€159,266 | -€80,578 | €63,780 | -€140,179 | ▼ 320% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €394,926 | €498,672 | €503,224 | €383,015 | ▼ 23.9% |
| Formation expenses20 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €103,246 | €87,629 | €69,852 | €56,554 | ▼ 19.0% |
| Intangible fixed assets21 | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €103,246 | €87,629 | €69,852 | €56,554 | ▼ 19.0% |
| Plant, machinery and equipment23 | - | - | - | €1,106 | - |
| Furniture and vehicles24 | - | - | - | €4,008 | - |
| Leasing and similar rights25 | - | - | - | €0 | - |
| Other tangible fixed assets26 | - | - | - | €51,441 | - |
| Financial fixed assets28 | €0 | €0 | - | - | - |
| Current assets29/58 | €307,297 | €419,895 | €433,372 | €326,461 | ▼ 24.7% |
| Stocks and contracts in progress3 | €197,892 | €212,883 | €188,570 | €239,048 | ▲ 26.8% |
| Stocks30/36 | - | - | - | €239,048 | - |
| Amounts receivable within one year40/41 | €106,270 | €204,968 | €215,594 | €83,188 | ▼ 61.4% |
| Trade receivables40 | - | - | - | €38,778 | - |
| Other amounts receivable41 | - | - | - | €44,410 | - |
| Current investments50/53 | €0 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0 | €0 | €25,319 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €4,225 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €394,926 | €498,672 | €503,224 | €383,015 | ▼ 23.9% |
| Equity10/15 | -€212,335 | -€212,335 | -€138,651 | -€278,830 | ▼ 101% |
| Contributions10/11 | €49,000 | €49,000 | - | €49,000 | - |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | - |
| Reserves not available under the articles1311 | - | - | - | €1,900 | - |
| Profit (loss) carried forward14 | -€263,235 | -€263,235 | -€189,551 | -€329,730 | ▼ 74.0% |
| Amounts payable17/49 | €607,261 | €701,102 | €641,875 | €661,845 | ▲ 3.1% |
| Amounts payable after more than one year17 | €190,227 | €170,689 | €121,746 | €84,242 | ▼ 30.8% |
| Financial debts170/4 | - | - | - | €84,242 | - |
| Amounts payable within one year42/48 | €435,001 | €605,370 | €520,129 | €577,602 | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €43,903 | - |
| Financial debts43 | - | - | - | €28,563 | - |
| Credit institutions430/8 | - | - | - | €28,563 | - |
| Trade debts44 | €90,645 | €183,944 | €237,360 | €212,014 | ▼ 10.7% |
| Suppliers440/4 | - | - | - | €212,014 | - |
| Advances received on contracts in progress46 | - | - | - | €186,219 | - |
| Taxes, remuneration and social security45 | - | - | - | €87,033 | - |
| Taxes450/3 | - | - | - | €50,632 | - |
| Remuneration and social security454/9 | - | - | - | €36,402 | - |
| Other amounts payable47/48 | - | - | - | €19,869 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€159,266 | -€80,578 | €63,780 | -€140,179 | ▼ 320% |
| + Depreciation and write-downs630 | €19,220 | €21,045 | €15,613 | €15,844 | ▲ 1.5% |
| Operating cash flow (approximation) | -€140,045 | -€59,532 | €79,392 | -€124,335 | ▼ 257% |
| Investment in fixed assets (approximation) | - | -€5,429 | €2,165 | -€2,547 | ▼ 218% |
| Change in cash | - | €0 | €25,319 | -€25,319 | ▼ 200% |
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
2023
05-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 30-05-2023
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €63,780
Net result €63,780 after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
03-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 3 days late
2013
30-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Turnhout · 1 establishment unit since 2000
Ground area
8,141 m²
Building footprint
2,004 m²
Volume, LiDAR
2,309 m³
Parcel 13453O0956/00W000, Flanders · tallest building 12.9 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PAGE PRINTING
since 20002.115.754.102
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0956/00W000 | Flanders | 8,141 m² | 1 · 2,004 m² | 12.9 m |
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 | RONNY CEUSTERS GEMEENTESTRAAT 4 BUS 6,
2300 TURNHOUT |
30-05-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-11-1999
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 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.