Equity
-€1.9m from €167,163 in 2007
Equity fell below zero in 2008.
PICASS
Information for creditors
Enterprise Court of Antwerp, Antwerp division · Official Gazette of 30-10-2024Appeal or third-party opposition 14-11-2024Filing the claim in RegSol 23-11-2024First verification report 20-12-2024Late claim 24-10-2025
Trustee: Tom Toremans. 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.
Lifetime
14 annual accounts with figures on one time axis, 18 filings since 2003peak €355,276 (2007)
€139,904▼ 9.2%
lowest -€324,751 (2008)
€48,064▼ 15.1%
peak €167,163 (2007)
-€1.9m▲ €48,064
€2.0m▼ 1.8%
peak 7.1 FTE (2007)
-not published
Board1 name since 2011
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
12-05-2022285 days late
2020micro format
Cash from €1,794 to €64
Key points
from the 2020 annual accounts, the last ones filedDebts
€2.0m 2,526% of the balance sheet
Suppliers 1%Taxes and wages 2%Other 98%
Of this, €45,087 falls due within a year. The annual accounts state €26,633 of overdue tax debts on 31-12-2020.
Filings
18 annual accounts since 2003
Six of the last ten came late. The 2020 accounts came latest: 285 days after the end of the period.
Recent changes
Bankruptcy published
Enterprise Court of Antwerp, Antwerp division · judgment of 24-10-2024 · Bankruptcy
Registered office moved from Antwerp to Kontich
New registered office: Broekbosstraat 21 te 2550 KONTICH · Previous registered office: Frankrijklei 60-62 te 2000 ANTWERPEN · Board meeting of 17-10-2016 · Gazette deed
Bankruptcy reversal
Commercial Court of Antwerp, Antwerp division · Bankruptcy
Bankruptcy published
Commercial Court of Antwerp, Antwerp division · judgment of 24-11-2016 · Bankruptcy
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 24-10-2024
- Activity
- No activity registered in the KBO
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2020
- Establishment unit
- 2.003.563.1102550 Kontich, since 01-01-1970
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2020
- ≈ €350,000estimated
- €78,137▲ 17.1%
- Employeeson 31-12-2020
- 1
- Filing
- Filed on 12-05-2022
Insights on PICASS
Equity fell from €167,163 in 2007 to -€1.9m in 2020, while debts rose from €739,017 to €2.0m.
On 24 October 2024 the court declared PICASS bankrupt.
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 PICASS
- What is the company number of PICASS?
- The company number of PICASS is 0476.352.944. The VAT number is the same number with BE in front: BE 0476.352.944.
- Where was PICASS based?
- The last known address of the registered office is Broekbosstraat 21, 2550 Kontich.Company details
- What is the legal form of PICASS?
- PICASS is a private limited company (pre-2019) (BVBA).
- When was PICASS founded?
- PICASS was founded on 19-12-2001.
- Is PICASS still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did PICASS have?
- PICASS had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does PICASS fall under?
- In its 2020 annual accounts, PICASS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PICASS?
- The turnover in financial year 2020 is ≈ €350,000. This figure is estimated from the gross margin of €139,904 and 2,204 comparable companies of the same size. It probably lies between €230,000 and €540,000. It is a rough estimate.
- Is PICASS profitable?
- In financial year 2020, PICASS made a profit of €48,064.
- Where can I find the annual accounts of PICASS?
- PICASS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2020.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list