Debts
€162,066 487% of the balance sheet
Financial debts 0%Suppliers 20%Taxes and wages 19%Other 60%
POLYBULL
Information for creditors
Enterprise Court of Ghent · Official Gazette of 13-01-2023Opened on 10 January 2023 · moratorium passed on 10 May 2023
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by collective agreement
- Docket number
- 20220022
- Moratorium until
- 10 May 2023 (passed, unless a later judgment extended it)
- Creditors' vote
- 2 May 2023
- Delegated judge
- Jan Buyckx
- Official Gazette
- 13-01-2023search the document for 2023/100787
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
Lifetime
3 annual accounts with figures on one time axispeak €45,433 (2021)
-€12,126▼ €57,560
lowest -€140,916 (2022)
-€140,916▼ €145,157
peak €12,156 (2021)
-€128,760▼ €140,916
€162,066▲ 214%
peak 0.9 FTE (2021)
-not published
Board1 name since 2019
1 director
Documentsfilings and deeds
28-04-20232 days before the deadline
2022micro format
Gross margin from €45,433 to -€12,126Loss of €140,916Registered office moved from Kortemark to Afsnee 20-06Equity from €12,156 to -€128,760Debts from €51,582 to €162,066Cash from €13,253 to €210
Key points
from the 2022 annual accounts, the last ones filedLiquidity
0.08 was 0.82 in 2021
Short-term debts rose from €50,024 to €162,066.
Final months
213 days from reorganisation to bankruptcy
Turnover not published (micro format)
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Ghent division · judgment of 11-02-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Ghent, Ghent division · judgment of 11-08-2023 · Bankruptcy
Judicial reorganisation opened
Enterprise Court of Ghent · collective agreement · judgment of 10-01-2023 · Judicial reorganisation
Registered office moved from Kortemark to Afsnee
New registered office: Leieoever 5, 9051 Afsnee · Previous registered office: Handzamestraat 159, 8610 Kortemark · General meeting of 30-04-2022 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 12-06-2019 · bankruptcy closed on 11-02-2025
- Activity
- “3D printing” (deed in Dutch)From the articles, 14 activitiesNo NACE code in the KBO yet
- Joint committee
- 227Audiovisual sector · annual accounts 30-09-2022
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-09-2022
- €33,306▼ 47.7%
- Employeeson 30-09-2022
- 2
- Filing
- Filed on 28-04-2023
Insights on POLYBULL
Equity fell from €12,156 in 2021 to -€128,760 in 2022, while debts rose from €51,582 to €162,066.
On 10 January 2023 the court opened a judicial reorganisation. 213 days later came the bankruptcy.
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 POLYBULL
- What is the company number of POLYBULL?
- The company number of POLYBULL is 0727.887.208. The VAT number is the same number with BE in front: BE 0727.887.208.
- What is the legal form of POLYBULL?
- Legal form of POLYBULL: BV.
- Is POLYBULL still active?
- No. POLYBULL is inactive in the KBO register.Company details
- How many employees did POLYBULL have?
- POLYBULL had an average of 3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does POLYBULL fall under?
- In its 30-09-2022 annual accounts, POLYBULL states joint committee 227 (Audiovisual sector).
- What is the turnover of POLYBULL?
- The annual accounts for financial year 2022 state no turnover. The micro format does not require it.
- Is POLYBULL profitable?
- In financial year 2022, POLYBULL made a loss of €140,916.
- Where can I find the annual accounts of POLYBULL?
- POLYBULL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2022.
Next steps
Check what to know before you do business with this company.Supplier due diligence See this company's board, registered office and name on a given date.Company as of a date Find how this company is connected to another party.Network investigator Check your own customer list for customers at risk.Process a list