PECCEU D&M
Open bankruptcyAre 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
- 11 July 2019
- Supervising judge
- Johan Veys
- Official Gazette
- 17-07-2019 (pdf) ↗search the document for 2019/138590
Deadlines
- Provisional date payments stopped
- 11 July 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 1 August 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 August 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 28 August 2019Goods 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 11 July 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Nico RuckebuschWestouterstraat 74, 8970 Poperingenico.ruckebusch@iurishop.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
Two 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 30-09-2018 was due by 30-04-2019 and was filed on 07-05-2019, 7 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 · 7 filingsDeviation from the deadline
2018
7 d late
2017
3 d early
2016
17 d late
2015
31 d late
2014
31 d late
2013
31 d late
2012
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days after the deadline; the sector median for financial year 2018 is 6 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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2018, abbreviated schema
Equity
-€1.2m
2017 · €631,106
Total assets
€2.6m▼ 57.5%
2017 · €6.2m
Net result
-€1.8m▼ 1,977%
2017 · -€86,846
Working capital
-€242,330
2017 · €1.2m
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20142015201620172018
Operating result€145,281-€301,677▲ 108%€245,575▼ 18.6%€215,667▼ 12.2%-€1.7m
Net result€47,301-€107,393▲ 127%€64,467▼ 40.0%-€86,846-€1.8m▼ 1,977%
Equity€546,092-€653,485▲ 19.7%€717,952▲ 9.9%€631,106▼ 12.1%-€1.2m
Total assets€4.6m-€4.1m▼ 10.6%€7.2m▲ 75.1%€6.2m▼ 14.1%€2.6m▼ 57.5%
Debt€4.0m-€3.5m▼ 14.7%€6.5m▲ 87.5%€5.5m▼ 14.3%€3.8m▼ 31.5%
Working capital€3.7m-€3.4m▼ 9.0%€886,488▼ 74.0%€1.2m▲ 32.6%-€242,330
Staff (FTE)18-18=15.3▼ 15.0%12.3▼ 19.6%2.3▼ 81.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2018: a loss of €1.7m after €215,667 in 2017, the lowest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €2.6m
Fixed assets
€40,393 ▼ 11.0%
Current assets
€2.6m ▼ 57.8%
Equity and liabilities
Equity-€1.2m
Debt€3.8m
Equity is negative: debt (€3.8m) exceeds the balance-sheet total (€2.6m).
Key figures and ratios
Solvency
-44.7%▼
2017 · 10.2%
Current ratio
0.91▼
2017 · 1.24
Quick ratio
0.07▼
2017 · 0.17
ROA
-68.7%▼
2017 · -1.4%
Debt ≤ 1 year
€2.8m▼
2017 · €5.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €1.0m | €1.2m | €1.1m | €976,885 | -€1.6m | ▼ 265% |
| Operating profit (loss)9901 | €145,281 | €301,677 | €245,575 | €215,667 | -€1.7m | ▼ 869% |
| Recurring financial income75 | €37 | - | - | €136 | €765 | ▲ 461% |
| Recurring financial charges65 | €77,195 | €123,375 | €151,215 | €302,649 | €147,050 | ▼ 51.4% |
| Profit (loss) for the period before taxes9903 | €68,123 | €173,525 | €94,361 | -€86,846 | -€1.8m | ▼ 1,977% |
| Income taxes67/77 | €20,822 | €66,132 | €29,894 | - | - | - |
| Profit (loss) for the period9904 | €47,301 | €107,393 | €64,467 | -€86,846 | -€1.8m | ▼ 1,977% |
| Profit (loss) for the period to be appropriated9905 | €47,301 | €107,393 | €64,467 | -€86,846 | -€1.8m | ▼ 1,977% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €4.1m | €7.2m | €6.2m | €2.6m | ▼ 57.5% |
| Fixed assets21/28 | €1,562 | €5,562 | €5,563 | €45,393 | €40,393 | ▼ 11.0% |
| Financial fixed assets28 | €1,562 | €5,562 | €5,563 | €45,393 | €40,393 | ▼ 11.0% |
| Current assets29/58 | €4.6m | €4.1m | €7.2m | €6.1m | €2.6m | ▼ 57.8% |
| Stocks and contracts in progress3 | €3.9m | €3.8m | €6.3m | €5.3m | €2.4m | ▼ 55.0% |
| Amounts receivable within one year40/41 | €53,330 | €333,276 | €890,877 | €837,184 | €201,520 | ▼ 75.9% |
| Cash at bank and in hand54/58 | €10,951 | €11,106 | €27,247 | €64 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €4.1m | €7.2m | €6.2m | €2.6m | ▼ 57.5% |
| Equity10/15 | €546,092 | €653,485 | €717,952 | €631,106 | -€1.2m | ▼ 286% |
| Contributions10/11 | €372,000 | €372,000 | €372,000 | €372,000 | €372,000 | = |
| Reserves13 | €126,791 | €126,791 | €130,014 | €130,014 | €6,055 | ▼ 95.3% |
| Profit (loss) carried forward14 | €47,301 | €154,694 | €215,938 | €129,092 | -€1.6m | ▼ 1,301% |
| Amounts payable17/49 | €4.0m | €3.5m | €6.5m | €5.5m | €3.8m | ▼ 31.5% |
| Amounts payable after more than one year17 | €3.2m | €2.6m | - | - | - | - |
| Amounts payable within one year42/48 | €847,461 | €691,365 | €6.3m | €5.0m | €2.8m | ▼ 42.9% |
| Trade debts44 | €160,472 | €342,785 | €587,595 | €369,424 | €363,403 | ▼ 1.6% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,301 | €107,393 | €64,467 | -€86,846 | -€1.8m | ▼ 1,977% |
| Operating cash flow (approximation) | €47,301 | €107,393 | €64,467 | -€86,846 | -€1.8m | ▼ 1,977% |
| Investment in fixed assets (approximation) | - | -€4,000 | -€1 | -€39,831 | €5,000 | ▲ 113% |
| Change in cash | - | €155 | €16,141 | -€27,183 | - | - |
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
12-01
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 05-12-2023
2019
17-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 11-07-2019
04-07
Judicial reorganisation
Plan approval refused
Ondernemingsrechtbank Gent · event 28-06-2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
15-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 08-04-2019
2018
30-09
Financial
Weakest financial yearnet -€1.8m
Net result drops to -€1.8m, the lowest in the series.
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
30-09
Financial
Highest result since 2014net €107,393 ▲127%
Operating result €301,677, net result €107,393, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 31 days late
2013
02-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 63 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2011
Ground area
771 m²
Building footprint
412 m²
Volume, LiDAR
2,120 m³
Parcel 33008A0916/00A000, Flanders · tallest building 20.3 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PECCEU D & M
since 20112.196.117.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33008A0916/00A000 | Flanders | 771 m² | 1 · 412 m² | 20.3 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 | NICO RUCKEBUSCH Westouterstraat 74, 8970 Poperinge |
11-07-2019 → present |
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Of 9,695 companies in this sector we hold annual accounts for 7,393. 787 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2011
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
43320Joinery installation
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 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.