PMF FINANCE

Open bankruptcy

Public limited companyfounded 2011Industrieweg-Noord 1155, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0841.520.926

Summary

A bankruptcy procedure is open for PMF FINANCE according to publications in the Belgian Official Gazette. The file additionally contains 2 judicial reorganisation notices. The 2021 annual accounts show negative equity (-€2.1m) and a net result of -€19.4m.

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PMF FINANCEOpen bankruptcy

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Open bankruptcy Source: Belgian Official Gazette

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 Antwerp, Tongeren division
Declared bankrupt: 26 July 2023
Supervising judge: Willem Corstjens
Official Gazette: 01-08-2023 (pdf) ↗search the document for 2023/130767

Deadlines

Provisional date payments stopped: 26 July 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until: passed on 16 August 2023Fifteen 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 25 August 2023art. XX.104 and XX.155, Code of Economic Law
First verification report: passed on 5 September 2023Reclaim 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 26 July 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

Tom ArtsJaarbeurslaan 19, 3600 Genktom.arts@paqt.be
Geert ReniersJaarbeurslaan 19, 3600 Genkgeert.reniers@paqt.be
Ilona Lo GiudiceJaar- Beurslaan 19, 3600 Genkilona.logiudice@paqt.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.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

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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Activity

Activities of holding companies

NACE 64210

1 site

Size

€374,935turnover 2021

Staff: 4.3 FTE
Equity: -€2.1m
Loss: -€19.4m

Financial health

Open bankruptcy: no score

Structure

Parent: VELDEMAN GROUP · 75%
Holdings: 2

0 of 13 deeds read

Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.

raises risk

Open bankruptcy

Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.

Belgian Official Gazette

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-08-2023 OpeningEnterprise Court of Antwerp, Tongeren…
24-07-2023 Reorganisation ended earlyEnterprise Court of Antwerp, Tongeren…
08-03-2023 OpeningEnterprise Court of Antwerp ·…

Key points

Risk: Declared bankrupttrustee: Tom Arts 26-07-2023 View
Controlled by VELDEMAN GROUPthe company in turn controls 5 companies 75% View
Caution: Result fell in 2021from -€1.5m to -€19.4m ▼ 1,216% View

By topic

Financials

Financial year: 2021
Turnover: €374,935
Loss: -€19.4m
Solvency: -7.8%

Turnover▼ 9.3%

Net result

20182021

Go to Financials

Board & ownership

Parent: VELDEMAN GROUP · 75%

Go to Board & ownership

Network & group

Subsidiaries: 5
Holdings: 2

5 subsidiaries

Go to Network & group

Timeline

Events: 14
Since: 2013

17-02-2023Annual accounts filed
31-12-2021Weakest financial year
29-07-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Activities of holding companiesNACE 64210
Founded: 29-11-2011
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Which other companies belong to the same group?VELDEMAN GROUP · 3 companies 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 activities of holding companies sector doing?Sector figures

Investigating this company? Keep it with today's facts in a case file.