PAIR
Open bankruptcyAre you a creditor?
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
- 8 July 2025
- Supervising judge
- Filip De Clercq
- Official Gazette
- 14-07-2025 (pdf) ↗search the document for 2025/131196
Deadlines
- Provisional date payments stopped
- 2 July 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 29 July 2025Fifteen 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 7 August 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 12 August 2025Reclaim 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 8 July 2026A 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
- Tim De MoerlooseLeiekaai 25 C-D, 9000 Genttdm@essenzia.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- 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.
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
- Equity
- -€144,753
- Loss
- -€96,642
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 2 accounts on average 14 days before the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Ghent, Ghent…
- Resignation: Deblock Wim (director)Director discharge
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2023, micro format
2022 to 2023, 2 financial years
The operating result stays negative: a loss of €89,315 in 2023 against €109,458 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €22,248 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,334 | €41,820 | ▼ 5.7% |
| Other operating charges640/8 | €746 | €516 | ▼ 30.8% |
| Gross operating margin9900 | -€42,131 | -€46,979 | ▼ 11.5% |
| Operating profit (loss)9901 | -€109,458 | -€89,315 | ▲ 18.4% |
| Financial income75/76B | €1,806 | €660 | ▼ 63.5% |
| Recurring financial income75 | €1,806 | €660 | ▼ 63.5% |
| Financial charges65/66B | €15,458 | €7,986 | ▼ 48.3% |
| Recurring financial charges65 | €15,458 | €7,986 | ▼ 48.3% |
| Profit (loss) for the period before taxes9903 | -€123,111 | -€96,642 | ▲ 21.5% |
| Profit (loss) for the period9904 | -€123,111 | -€96,642 | ▲ 21.5% |
| Profit (loss) for the period to be appropriated9905 | -€123,111 | -€96,642 | ▲ 21.5% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €375,233 | €417,966 | ▲ 11.4% |
| Fixed assets21/28 | €174,083 | €132,121 | ▼ 24.1% |
| Tangible fixed assets22/27 | €167,806 | €125,986 | ▼ 24.9% |
| Plant, machinery and equipment23 | €105,057 | €78,850 | ▼ 24.9% |
| Furniture and vehicles24 | €19,965 | €14,996 | ▼ 24.9% |
| Other tangible fixed assets26 | €42,784 | €32,140 | ▼ 24.9% |
| Financial fixed assets28 | €6,277 | €6,135 | ▼ 2.3% |
| Current assets29/58 | €201,150 | €285,844 | ▲ 42.1% |
| Amounts receivable within one year40/41 | €200,420 | €233,460 | ▲ 16.5% |
| Trade receivables40 | €200,410 | €226,106 | ▲ 12.8% |
| Other amounts receivable41 | €10 | €7,355 | ▲ 77,320% |
| Cash at bank and in hand54/58 | - | €52,199 | - |
| Deferred charges and accrued income490/1 | €730 | €185 | ▼ 74.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €375,233 | €417,966 | ▲ 11.4% |
| Equity10/15 | -€73,111 | -€144,753 | ▼ 98.0% |
| Contributions10/11 | €50,000 | €75,000 | ▲ 50.0% |
| Profit (loss) carried forward14 | -€123,111 | -€219,753 | ▼ 78.5% |
| Amounts payable17/49 | €448,344 | €562,718 | ▲ 25.5% |
| Amounts payable after more than one year17 | €136,867 | €126,440 | ▼ 7.6% |
| Financial debts170/4 | €86,867 | €51,440 | ▼ 40.8% |
| Other amounts payable178/9 | €50,000 | €75,000 | ▲ 50.0% |
| Amounts payable within one year42/48 | €311,477 | €436,278 | ▲ 40.1% |
| Current portion of amounts payable after more than one year42 | €34,721 | €35,427 | ▲ 2.0% |
| Financial debts43 | €57,391 | €75,000 | ▲ 30.7% |
| Credit institutions430/8 | €57,391 | €75,000 | ▲ 30.7% |
| Trade debts44 | €218,712 | €306,883 | ▲ 40.3% |
| Suppliers440/4 | €218,712 | €306,883 | ▲ 40.3% |
| Taxes, remuneration and social security45 | €564 | €15,178 | ▲ 2,592% |
| Taxes450/3 | €564 | €15,178 | ▲ 2,592% |
| Other amounts payable47/48 | €90 | €3,790 | ▲ 4,114% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€123,111 | -€96,642 | ▲ 21.5% |
| + Depreciation and write-downs630 | €44,334 | €41,820 | ▼ 5.7% |
| Operating cash flow (approximation) | -€78,777 | -€54,822 | ▲ 30.4% |
| Investment in fixed assets (approximation) | - | €142 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 16-07-2024 | 2024-00249411 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00250021 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Tim De Moerloose Leiekaai 25 C-D, 9000 Gent |
08-07-2025 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
26-09
Gazette deed
Resignation: Deblock Wim (director)Director discharge3 facts ▸
- General meeting, 07-07-2024
- Director resignation, Deblock Wim (director)
- Director discharge, Deblock Wim (director)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44048F0416/00F002 | Flanders | 2,681 m² | 1 · 1,889 m² | 13.1 m · 1 |
| 44062B0209/00G000 | Flanders | 787 m² | 1 · 117 m² | 9.8 m · 2 |