PROJECT 102
Open bankruptcySummary
A bankruptcy procedure is open for PROJECT 102 according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €38,297 and a net result of €12,657.
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 Antwerp, Hasselt division
- Declared bankrupt
- 23 November 2023
- Supervising judge
- Hilde Claes
- Official Gazette
- 29-11-2023 (pdf) ↗search the document for 2023/145638
Deadlines
- Provisional date payments stopped
- 23 November 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 14 December 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 December 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 January 2024Goods 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 23 November 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Xavier GielenVan Dijcklaan 15, 3500 Hasseltgielen@xgfvs.be
- Frederika Van SwygenhovenVan Dijck- Laan 15, 3500 Hasseltvanswygenhoven@xgfvs.be
- Dominic GielenVan Dijcklaan 15, 3500 Hasseltdominic.gielen@xgfvs.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
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Signals
Two signals.
+raises risk
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 How is the Event catering sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€38,297▲ 49.4%
2019 · €25,640
Total assets
€112,538▼ 31.0%
2019 · €163,040
Net result
€12,657▼ 43.2%
2019 · €22,297
Working capital
€54,018▲ 7.9%
2019 · €50,058
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€14,300-€30,938▲ 116%€15,944▼ 48.5%
Net result€14,241-€22,297▲ 56.6%€12,657within the sector's middle half▼ 43.2%
Equity€3,343-€25,640▲ 667%€38,297within the sector's middle half▲ 49.4%
Total assets€102,718-€163,040▲ 58.7%€112,538within the sector's middle half▼ 31.0%
Debt€99,375-€137,400▲ 38.3%€74,241▼ 46.0%
Working capital€11,159-€50,058▲ 349%€54,018▲ 7.9%
Solvency3.3%-15.7%▲ 12.5pp34.0%within the sector's middle half▲ 18.3pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 48% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €112,538
Equity
€38,297 ▲ 49.4%
Debt
€74,241 ▼ 46.0%
Debt's share of the balance-sheet total falls from 84.3% to 66.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.92▲
2019 · 1.44
Debt to equity
0.41▼
2019 · 0.95
ROE
33.0%▼
2019 · 87.0%
ROA
11.2%▼
2019 · 13.7%
Debt ≤ 1 year
€58,519▼
2019 · €112,982
Debt > 1 year
€15,721▼
2019 · €24,418
Income taxes
€1,614▼
2019 · €8,449
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 | €14,784 | €31,045 | €16,329 | ▼ 47.4% |
| Operating profit (loss)9901 | €14,300 | €30,938 | €15,944 | ▼ 48.5% |
| Recurring financial charges65 | €60 | €192 | €1,673 | ▲ 771% |
| Profit (loss) for the period before taxes9903 | €14,241 | €30,746 | €14,271 | ▼ 53.6% |
| Income taxes67/77 | - | €8,449 | €1,614 | ▼ 80.9% |
| Profit (loss) for the period9904 | €14,241 | €22,297 | €12,657 | ▼ 43.2% |
| Profit (loss) for the period to be appropriated9905 | €14,241 | €22,297 | €12,657 | ▼ 43.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €102,718 | €163,040 | €112,538 | ▼ 31.0% |
| Current assets29/58 | €102,718 | €163,040 | €112,538 | ▼ 31.0% |
| Amounts receivable within one year40/41 | €93,587 | €159,731 | €111,820 | ▼ 30.0% |
| Cash at bank and in hand54/58 | €9,131 | €3,309 | €718 | ▼ 78.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €102,718 | €163,040 | €112,538 | ▼ 31.0% |
| Equity10/15 | €3,343 | €25,640 | €38,297 | ▲ 49.4% |
| Contributions10/11 | €12,400 | €12,400 | - | - |
| Reserves13 | - | €13,240 | €25,897 | ▲ 95.6% |
| Profit (loss) carried forward14 | -€9,057 | -€23,298 | -€9,057 | ▲ 61.1% |
| Amounts payable17/49 | €99,375 | €137,400 | €74,241 | ▼ 46.0% |
| Amounts payable after more than one year17 | €7,816 | €24,418 | €15,721 | ▼ 35.6% |
| Amounts payable within one year42/48 | €91,559 | €112,982 | €58,519 | ▼ 48.2% |
| Trade debts44 | €85,709 | €93,546 | €39,210 | ▼ 58.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,241 | €22,297 | €12,657 | ▼ 43.2% |
| Operating cash flow (approximation) | €14,241 | €22,297 | €12,657 | ▼ 43.2% |
| Change in cash | - | -€5,822 | -€2,591 | ▲ 55.5% |
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
2023
29-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-11-2023
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 226 days late
14-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 591 days late
2020
31-12
Financial
Weakest financial yearnet €12,657 ▼43.2%
Net result drops to €12,657, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €22,297 ▲56.6%
Operating result €30,938, net result €22,297, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 406 days late
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 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
03-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 125 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2009
Ground area
2,609 m²
Building footprint
295 m²
Volume, LiDAR
1,795 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROJECT 102
since 20092.209.585.566
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C0026/00V004 | Flanders | 1,786 m² | 1 · 165 m² | 14.3 m · 2 fl. |
| 71322A0521/00A002 | Flanders | 823 m² | 1 · 130 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER GIELEN Van Dijcklaan 15, 3500 HASSELT- |
23-11-2023 → present |
| Curator | FREDERIKA VAN SWYGENHOVEN VAN DIJCK-
LAAN 15, 3500 HASSELT |
23-11-2023 → present |
| Curator | DOMINIC
GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- |
23-11-2023 → present |
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Of 7,501 companies in sector 56210 we hold annual accounts for 2,451. 2,010 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
82990Other business support services
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.