QUADRIMM
Open bankruptcyA bankruptcy procedure is open for QUADRIMM according to publications in the Belgian State Gazette; curator: FRANK HEFFINCK.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show negative equity (-€491,013) and a net result of -€562,572.
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, Kortrijk division
- Declared bankrupt
- 11 October 2022
- Supervising judge
- Joost Muylle
- Official Gazette
- 18-10-2022 (pdf) ↗search the document for 2022/137099
Deadlines
- Provisional date payments stopped
- 11 October 2022A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 November 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 November 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 29 November 2022Goods 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 11 October 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Frank HeffinckMeensesteenweg 347, 8501 Bissegemfrank.heffinck@telenet.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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
30 d late
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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 Real estate agency activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Equity
-€491,013
2020 · €71,559
Total assets
€508,665▼ 69.4%
2020 · €1.7m
Net result
-€562,572▼ 5,766%
2020 · -€9,590
Working capital
€123,844▼ 84.4%
2020 · €792,763
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line2018201920202021
Operating result-€7,106--€2,013▲ 71.7%-€10,872▼ 440%-€429,870▼ 3,854%
Net result-€4,620-€147-€9,590within the sector's middle half-€562,572below the sector's middle half▼ 5,766%
Equity€81,002-€81,149▲ 0.2%€71,559below the sector's middle half▼ 11.8%-€491,013below the sector's middle half
Total assets€660,670-€916,542▲ 38.7%€1.7mwithin the sector's middle half▲ 81.4%€508,665below the sector's middle half▼ 69.4%
Debt€579,668-€835,394▲ 44.1%€1.6m▲ 90.4%€999,678▼ 37.2%
Working capital€348,929-€796,605▲ 128%€792,763above the sector's middle half▼ 0.5%€123,844within the sector's middle half▼ 84.4%
Solvency12.3%-8.9%▼ 3.4pp4.3%below the sector's middle half▼ 4.5pp-96.5%below the sector's middle half▼ 100.8pp
Current ratio2.36-7.93▲ 5.571.92within the sector's middle half▼ 6.011.33within the sector's middle half▼ 0.59
Return on assets (ROA)-0.7%-0.0%▲ 0.7pp-0.6%within the sector's middle half▼ 0.6pp-110.6%below the sector's middle half▼ 110.0pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €429,870 in 2021 against €10,872 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €508,665
Fixed assets
€6,550 ▲ 31.0%
Current assets
€502,115 ▼ 69.7%
Key figures and ratios
Quick ratio
0.86▲
2020 · 0.49
Debt to equity
-2.04▼
2020 · 10.14
Debt ≤ 1 year
€378,271▼
2020 · €864,646
Debt > 1 year
€621,407▼
2020 · €725,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,010 | - |
| Gross operating margin9900 | -€6,654 | -€1,552 | -€10,416 | -€428,860 | ▼ 4,017% |
| Operating profit (loss)9901 | -€7,106 | -€2,013 | -€10,872 | -€429,870 | ▼ 3,854% |
| Financial income75/76B | - | - | - | €3,067 | - |
| Recurring financial income75 | €7,729 | €3,708 | €1,766 | €3,067 | ▲ 73.7% |
| Financial charges65/66B | - | - | - | €135,769 | - |
| Recurring financial charges65 | €5,243 | €1,548 | €483 | €135,769 | ▲ 28,019% |
| Profit (loss) for the period before taxes9903 | -€4,620 | €147 | -€9,590 | -€562,572 | ▼ 5,766% |
| Profit (loss) for the period9904 | -€4,620 | €147 | -€9,590 | -€562,572 | ▼ 5,766% |
| Profit (loss) for the period to be appropriated9905 | -€4,620 | €147 | -€9,590 | -€562,572 | ▼ 5,766% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €660,670 | €916,542 | €1.7m | €508,665 | ▼ 69.4% |
| Fixed assets21/28 | €54,573 | €5,000 | €5,000 | €6,550 | ▲ 31.0% |
| Financial fixed assets28 | €54,573 | €5,000 | €5,000 | €6,550 | ▲ 31.0% |
| Current assets29/58 | €606,097 | €911,542 | €1.7m | €502,115 | ▼ 69.7% |
| Stocks and contracts in progress3 | €456,731 | €566,102 | €1.2m | €178,589 | ▼ 85.5% |
| Stocks30/36 | - | - | - | €178,589 | - |
| Amounts receivable within one year40/41 | €148,985 | €197,057 | €279,192 | €307,526 | ▲ 10.1% |
| Trade receivables40 | - | - | - | €161,943 | - |
| Other amounts receivable41 | - | - | - | €145,583 | - |
| Cash at bank and in hand54/58 | €381 | €83,688 | €38,143 | €16,001 | ▼ 58.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €660,670 | €916,542 | €1.7m | €508,665 | ▼ 69.4% |
| Equity10/15 | €81,002 | €81,149 | €71,559 | -€491,013 | ▼ 786% |
| Contributions10/11 | €55,000 | €55,000 | - | €55,000 | - |
| Reserves13 | €26,002 | €26,149 | €16,559 | €16,559 | = |
| Non-distributable reserves130/1 | - | - | - | €5,500 | - |
| Reserves not available under the articles1311 | - | - | - | €5,500 | - |
| Distributable reserves133 | - | - | - | €11,059 | - |
| Profit (loss) carried forward14 | - | - | - | -€562,572 | - |
| Amounts payable17/49 | €579,668 | €835,394 | €1.6m | €999,678 | ▼ 37.2% |
| Amounts payable after more than one year17 | €322,500 | €720,456 | €725,856 | €621,407 | ▼ 14.4% |
| Other amounts payable178/9 | - | - | - | €621,407 | - |
| Amounts payable within one year42/48 | €257,168 | €114,937 | €864,646 | €378,271 | ▼ 56.3% |
| Financial debts43 | - | - | - | €0 | - |
| Credit institutions430/8 | - | - | - | €0 | - |
| Trade debts44 | €23,912 | €70,005 | €204,156 | €255,054 | ▲ 24.9% |
| Suppliers440/4 | - | - | - | €255,054 | - |
| Advances received on contracts in progress46 | - | - | - | €18,150 | - |
| Taxes, remuneration and social security45 | - | - | - | €104,697 | - |
| Taxes450/3 | - | - | - | €104,697 | - |
| Other amounts payable47/48 | - | - | - | €370 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,620 | €147 | -€9,590 | -€562,572 | ▼ 5,766% |
| Operating cash flow (approximation) | -€4,620 | €147 | -€9,590 | -€562,572 | ▼ 5,766% |
| Investment in fixed assets (approximation) | - | €49,573 | €0 | -€1,550 | - |
| Change in cash | - | €83,307 | -€45,545 | -€22,142 | ▲ 51.4% |
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
2025
15-09
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 02-09-2025
2024
22-08
KBO administration
Address struck
event 04-07-2024
2022
18-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 11-10-2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€562,572
Net result drops to -€562,572, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €147
Net result €147 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 7.93
Current ratio from 2.36 to 7.93; short-term debt falls from €257,168 to €114,937.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Show earlier events
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 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, Kuurne · 1 establishment unit since 1996
Ground area
8,372 m²
Building footprint
576 m²
Volume, LiDAR
2,295 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
QUADRIMM
since 19962.077.433.855
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0459/00T000 | Flanders | 6,426 m² | 1 · 373 m² | 7.7 m · 1 fl. |
| 34023B0168/00A002 | Flanders | 1,946 m² | 1 · 203 m² | 9.4 m · 2 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FRANK HEFFINCK MEENSESTEENWEG 347,
8501 BISSEGEM |
11-10-2022 → present |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
33.33%
According to the 2021 annual accounts of QUADRIMM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 5,091 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)
Founded09-07-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
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.