PiVa
Open bankruptcyA bankruptcy procedure is open for PiVa according to publications in the Belgian State Gazette; curator: Maud RUBBENS.
Summary
The 2020 annual accounts show equity of €69,504 and a net result of €465.
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 Ghent, Oudenaarde division
- Declared bankrupt
- 10 November 2022
- Supervising judge
- Stefaan Stockman
- Official Gazette
- 17-11-2022 (pdf) ↗search the document for 2022/141779
Deadlines
- Provisional date payments stopped
- 10 November 2022A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 December 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 December 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 December 2022Goods 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 10 November 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Maud RubbensGlorieuxlaan 144, 9600 Ronsemaud.rubbens@outlook.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
Embed in an article
Writing about this bankruptcy? Put the card of PiVa in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three 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 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
27 d late
2019
49 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 38 days after 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?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€69,504▲ 0.7%
2019 · €69,039
Total assets
€72,150▲ 3.2%
2019 · €69,906
Net result
€465
2019 · -€10,216
Working capital
€68,622▲ 2.9%
2019 · €66,680
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
Line201820192020
Operating result€19,989--€14,237-€5,373▲ 62.3%
Net result€16,888--€10,216€465
Equity€79,255-€69,039▼ 12.9%€69,504▲ 0.7%
Total assets€81,011-€69,906▼ 13.7%€72,150▲ 3.2%
Debt€1,756-€867▼ 50.6%€2,647▲ 205%
Working capital€76,299-€66,680▼ 12.6%€68,622▲ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,373 in 2020 against €14,237 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €72,150
Fixed assets
€937 ▼ 62.1%
Current assets
€71,214 ▲ 5.6%
Equity and liabilities €72,150
Equity
€69,504 ▲ 0.7%
Debt
€2,647 ▲ 205%
Debt's share of the balance-sheet total rises from 1.2% to 3.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€3,837▲
2019 · -€12,700
Cash flow
€2,001▲
2019 · -€8,679
Current ratio
27.48▼
2019 · 89.60
ROE
0.7%▲
2019 · -14.8%
ROA
0.6%▲
2019 · -14.6%
Debt ≤ 1 year
€2,592▲
2019 · €753
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,547 | €1,537 | €1,537 | = |
| Gross operating margin9900 | €23,680 | -€11,759 | -€3,208 | ▲ 72.7% |
| Operating profit (loss)9901 | €19,989 | -€14,237 | -€5,373 | ▲ 62.3% |
| Recurring financial income75 | €6,632 | €4,438 | €5,983 | ▲ 34.8% |
| Recurring financial charges65 | €85 | €417 | €145 | ▼ 65.1% |
| Profit (loss) for the period before taxes9903 | €26,536 | -€10,216 | €465 | ▲ 105% |
| Income taxes67/77 | €9,649 | - | - | - |
| Profit (loss) for the period9904 | €16,888 | -€10,216 | €465 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €16,888 | -€10,216 | €465 | ▲ 105% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €81,011 | €69,906 | €72,150 | ▲ 3.2% |
| Fixed assets21/28 | €4,010 | €2,473 | €937 | ▼ 62.1% |
| Tangible fixed assets22/27 | €4,010 | €2,473 | €937 | ▼ 62.1% |
| Current assets29/58 | €77,001 | €67,433 | €71,214 | ▲ 5.6% |
| Amounts receivable within one year40/41 | €60,215 | €62,444 | €62,007 | ▼ 0.7% |
| Cash at bank and in hand54/58 | €16,640 | €4,914 | €9,207 | ▲ 87.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €81,011 | €69,906 | €72,150 | ▲ 3.2% |
| Equity10/15 | €79,255 | €69,039 | €69,504 | ▲ 0.7% |
| Contributions10/11 | €12,600 | €12,600 | - | - |
| Reserves13 | €60,709 | €60,709 | €60,709 | = |
| Profit (loss) carried forward14 | €5,945 | -€4,270 | -€3,806 | ▲ 10.9% |
| Amounts payable17/49 | €1,756 | €867 | €2,647 | ▲ 205% |
| Amounts payable within one year42/48 | €702 | €753 | €2,592 | ▲ 244% |
| Trade debts44 | €702 | €750 | €2,592 | ▲ 246% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,888 | -€10,216 | €465 | ▲ 105% |
| + Depreciation and write-downs630 | €1,547 | €1,537 | €1,537 | = |
| Operating cash flow (approximation) | €18,435 | -€8,679 | €2,001 | ▲ 123% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€11,726 | €4,293 | ▲ 137% |
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
2022
17-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 10-11-2022
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €465
Net result €465 after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet -€10,216
Net result drops to -€10,216, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
15-11
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 107 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Oudenaarde · 1 establishment unit since 2008
Ground area
334 m²
Building footprint
268 m²
Volume, LiDAR
3,282 m³
Parcel 45035C0217/00F000, Flanders · tallest building 20.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Louise Mariekaai 16, 9700 Oudenaarde
since 20082.173.237.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035C0217/00F000 | Flanders | 334 m² | 1 · 268 m² | 20.5 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Maud RUBBENS GLORIEUXLAAN 144, 9600 RONSE- |
10-11-2022 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-09-2008
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.