PROBEST
Open bankruptcySummary
A bankruptcy procedure is open for PROBEST according to publications in the Belgian State Gazette. The 2020 annual accounts show negative equity (-€47,436) and a net result of €8,307.
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, Bruges division
- Declared bankrupt
- 15 November 2021
- Supervising judge
- Toby Herbots
- Official Gazette
- 18-11-2021 (pdf) ↗search the document for 2021/140547
Curators
- Yves CastermansHoutkaai 15/02, 8000 Bruggeyves.castermans@castermans-advocaten.be
- Marc CastermansHoutkaai 15/02, 8000 Brugge- advocaten.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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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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. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 28-04-2021, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
2 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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?Address check Are there other customers at risk in your own list?Debtor check How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, abbreviated schema
Equity
-€47,436▲ 14.9%
2019 · -€55,743
Total assets
€34,714▼ 6.1%
2019 · €36,952
Net result
€8,307▼ 98.4%
2019 · €518,091
Working capital
€31,564▼ 5.1%
2019 · €33,257
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-€38,608-€518,331€8,425▼ 98.4%
Net result-€55,692-€518,091€8,307▼ 98.4%
Equity-€573,834--€55,743▲ 90.3%-€47,436▲ 14.9%
Total assets€674,429-€36,952▼ 94.5%€34,714▼ 6.1%
Debt€1.2m-€92,695▼ 92.6%€82,150▼ 11.4%
Working capital€615,350-€33,257▼ 94.6%€31,564▼ 5.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 98% below 2019.
Key figures and ratios
Solvency
-136.6%▲
2019 · -150.9%
Current ratio
11.02▲
2019 · 10.00
Debt to equity
-1.67▼
2019 · -1.60
ROA
23.9%
Debt ≤ 1 year
€3,150▼
2019 · €3,695
Debt > 1 year
€79,000▼
2019 · €89,000
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 |
|---|---|---|---|---|
| Gross operating margin9900 | -€36,235 | €524,043 | €8,945 | ▼ 98.3% |
| Operating profit (loss)9901 | -€38,608 | €518,331 | €8,425 | ▼ 98.4% |
| Recurring financial income75 | €1,419 | €9 | - | - |
| Recurring financial charges65 | €18,503 | €249 | €118 | ▼ 52.7% |
| Profit (loss) for the period before taxes9903 | -€55,692 | €518,091 | €8,307 | ▼ 98.4% |
| Profit (loss) for the period9904 | -€55,692 | €518,091 | €8,307 | ▼ 98.4% |
| Profit (loss) for the period to be appropriated9905 | -€55,692 | €518,091 | €8,307 | ▼ 98.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €674,429 | €36,952 | €34,714 | ▼ 6.1% |
| Current assets29/58 | €674,429 | €36,952 | €34,714 | ▼ 6.1% |
| Stocks and contracts in progress3 | €148,013 | - | - | - |
| Amounts receivable within one year40/41 | €525,562 | €25,673 | €25,396 | ▼ 1.1% |
| Cash at bank and in hand54/58 | €854 | €11,062 | €9,231 | ▼ 16.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €674,429 | €36,952 | €34,714 | ▼ 6.1% |
| Equity10/15 | -€573,834 | -€55,743 | -€47,436 | ▲ 14.9% |
| Contributions10/11 | €18,550 | €18,550 | - | - |
| Profit (loss) carried forward14 | -€592,384 | -€74,293 | -€65,986 | ▲ 11.2% |
| Amounts payable17/49 | €1.2m | €92,695 | €82,150 | ▼ 11.4% |
| Amounts payable after more than one year17 | €1.2m | €89,000 | €79,000 | ▼ 11.2% |
| Amounts payable within one year42/48 | €59,079 | €3,695 | €3,150 | ▼ 14.8% |
| Trade debts44 | €426 | €2,133 | €1,422 | ▼ 33.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€55,692 | €518,091 | €8,307 | ▼ 98.4% |
| Operating cash flow (approximation) | -€55,692 | €518,091 | €8,307 | ▼ 98.4% |
| Change in cash | - | €10,208 | -€1,831 | ▼ 118% |
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
2021
18-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 15-11-2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €518,091
Net result €518,091 after one loss-making year.
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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Directors · office · real estate
Directors
3 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, Beernem · 1 establishment unit since 2012
Ground area
2,616 m²
Building footprint
886 m²
Volume, LiDAR
10,053 m³
Parcel 31003D0030/00F017, Flanders · tallest building 18.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PROBEST
since 20122.209.686.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0030/00F017 | Flanders | 2,615 m² | 1 · 886 m² | 18.4 m · 4 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | YVES CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- |
15-11-2021 → present |
| Curator | MARC CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- marc.castermans@castermans-
advocaten.be |
15-11-2021 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,384. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-05-2012
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
33120Repair and maintenance of machinery
68122Development of non-residential building projects
43910Bricklaying and masonry work
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.