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POWER PLUS ENGINEERING

Open bankruptcy
Private limited company (pre-2019)founded 2001Humaniteitslaan 415, 1190 Vorst, Belgium14 active companies are registered at this addressKBO/BCE: BE 0474.235.572

A bankruptcy procedure is open for POWER PLUS ENGINEERING according to publications in the Belgian Official Gazette; trustee: Frederik De Vulder.

Summary

The 2022 annual accounts show negative equity (-€54,272) and a net result of -€49,812.

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POWER PLUS ENGINEERINGOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
30 September 2024
Supervising judge
Pierre Gonne
Official Gazette
04-10-2024 (pdf) ↗search the document for 2024/137555

Deadlines

Appeal or third-party opposition until
passed on 19 October 2024Fifteen 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 30 October 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 6 November 2024Reclaim 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 30 September 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Frederik De Vulder59 B, Avenue Reine Astrid (Bte 3), 1780 Wemmelcabinet@devulderavocat.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. 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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Overview

Activity
Retail sale of motor vehicle parts and accessories
NACE 47820
1 site
Size
€37,076total assets 2022
Staff
2 FTE
Equity
-€54,272
Loss
-€49,812
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
1 of 3 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-08-2023, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2023
not filed
2022
27 days late
2021
16 days late
2020
44 days early
2019
27 days late
2018
12 days early
2017
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningFrench-language Enterprise Court of Brussels…
  2. Resignation: Stéphane BIEVEZ (director)Appointment: Ludovic BIEVEZ (director)
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Declared bankrupttrustee: Frederik De Vulder 30-09-2024 View
  • One director decidessole director in office 1 View
  • Total assets 20225 financial years filed €37,076 View

By topic

Financials

Financial year
2022
Total assets
€37,076
Loss
-€49,812
Solvency
-146.4%
Total assets▼ 33.0%
Net result
20182022
Go to Financials

Timeline

Events
25
Since
2003
  1. 31-12-2022Weakest financial year
  2. 16-08-2022Annual accounts filed
  3. 17-06-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of motor vehicle parts and accessoriesNACE 47820
Founded
02-03-2001
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about POWER PLUS ENGINEERING

What is the company number of POWER PLUS ENGINEERING?
0474.235.572. In Belgium the VAT number is the company number with BE in front: BE 0474.235.572.
Where was POWER PLUS ENGINEERING based?
The last known address of the registered office is Humaniteitslaan 415, 1190 Vorst.Company details
What does POWER PLUS ENGINEERING do?
According to the KBO register, the main activity is retail sale of motor vehicle parts and accessories (NACE 47820).
What is the legal form of POWER PLUS ENGINEERING?
Private limited company (pre-2019) (BVBA).
When was POWER PLUS ENGINEERING founded?
On 02-03-2001.
Is POWER PLUS ENGINEERING still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did POWER PLUS ENGINEERING have?
On average 2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of POWER PLUS ENGINEERING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is POWER PLUS ENGINEERING profitable?
In financial year 2022, POWER PLUS ENGINEERING made a loss of €49,812.
Where can I find the annual accounts of POWER PLUS ENGINEERING?
POWER PLUS ENGINEERING filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Companies related to POWER PLUS ENGINEERING

Go further with this company

What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?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 retail sale of motor vehicle parts and accessories sector doing?Sector figures

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

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