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Project R

Open bankruptcy
Private limited company (pre-2019)founded 2016Processieweg 11, 2250 Olen, BelgiumKBO/BCE: BE 0667.747.406
Summary

A bankruptcy procedure is open for Project R according to publications in the Belgian State Gazette. The 2017 annual accounts show equity of €22,806 and a net result of €10,406.

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, Turnhout division
Declared bankrupt
29 December 2020
Supervising judge
Dietmar Van Dyck
Official Gazette
06-01-2021 (pdf) ↗search the document for 2021/100034

Deadlines

Provisional date payments stopped
29 December 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 21 January 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 28 January 2021art. XX.104 and XX.155 CEL
First verification report
passed on 9 February 2021Goods 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 29 December 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 31-01-2018, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2017
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2017 accounts on the deadline day; the sector median for financial year 2017 is 1 day before the deadline, and 44% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Project R was incorporated on 15 December 2016.1 The company has filed annual accounts once, for fiscal year 2017.2 On 29 December 2020 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2017
  3. 3Belgian State Gazette, 06-01-2021

Go further with this company

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

Financials · fiscal year 2017, micro schema

Equity
€22,806
Total assets
€50,520
Net result
€10,406
Working capital
€22,806

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €50,520
Equity €22,806
Debt €27,714
Debt finances 54.9% of the balance-sheet total.
Key figures and ratios
2017 value
Current ratio
1.82
ROE
45.6%
ROA
20.6%
Debt ≤ 1 year
€27,714
Income taxes
€3,540
Annual accounts
Filed annual accounts As filed with the NBB · 2017 · 18 lines
Balance sheet Code2017
Assets
Total assets20/58€50,520
Current assets29/58€50,520
Amounts receivable within one year40/41€49,396
Cash at bank and in hand54/58€1,123
Equity and liabilities
Total equity and liabilities10/49€50,520
Equity10/15€22,806
Contributions10/11€12,400
Reserves13€10,406
Amounts payable17/49€27,714
Amounts payable within one year42/48€27,714
Trade debts44€14,854
Income statement Code2017
Gross operating margin9900€14,121
Operating profit (loss)9901€14,121
Recurring financial charges65€175
Profit (loss) for the period before taxes9903€13,946
Income taxes67/77€3,540
Profit (loss) for the period9904€10,406
Profit (loss) for the period to be appropriated9905€10,406
Line2017
Gross operating margin9900€14,121
Operating profit (loss)9901€14,121
Recurring financial charges65€175
Profit (loss) for the period before taxes9903€13,946
Income taxes67/77€3,540
Profit (loss) for the period9904€10,406
Profit (loss) for the period to be appropriated9905€10,406
Line2017
Assets
Total assets20/58€50,520
Current assets29/58€50,520
Amounts receivable within one year40/41€49,396
Cash at bank and in hand54/58€1,123
Equity and liabilities
Total equity and liabilities10/49€50,520
Equity10/15€22,806
Contributions10/11€12,400
Reserves13€10,406
Amounts payable17/49€27,714
Amounts payable within one year42/48€27,714
Trade debts44€14,854
Line2017
Profit (loss) for the period9904€10,406
Operating cash flow (approximation)€10,406

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
25-06
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-06-2026
2021
06-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 29-12-2020
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Olen · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
371 m²
Building footprint
188 m²
Volume, LiDAR
1,323 m³
Parcel 13029G0482/00T000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Project R
Processieweg 11, 2250 OlenWaste collection, recovery and disposal activities
since 20162.261.366.839
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029G0482/00T000 Flanders 370 m² 1 · 188 m² 11.4 m · 3 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 LUDWIG PEETERS
GERHEIDEN 66, 2250 OLEN-
29-12-2020 → present
Curator BART MANNAERT
GERHEIDEN 66, 2250 OLEN-
29-12-2020 → present

Similar companies · same sector, comparable size

Of 11,142 companies in sector 43910 we hold annual accounts for 5,493. 4,061 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)
Founded15-12-2016
Fiscal year end30-06
Activities, NACEBEL 2025
43910Bricklaying and masonry work
41001General construction of residential buildings
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 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.