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RCLD

Open bankruptcy
Public limited companyfounded 1987Bekemolen 1, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0432.856.065
Summary

A bankruptcy procedure is open for RCLD according to publications in the Belgian State Gazette. The 2012 annual accounts show negative equity (-€236,536) and a net result of €45,778.

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
Rechtbank van koophandel te Oudenaarde
Declared bankrupt
19 September 2013
Supervising judge
rechter in handelszaken : de heer Eddy Wachtelaer
Official Gazette
26-09-2013 (pdf) ↗search the document for 2013/032285

Deadlines

Provisional date payments stopped
19 September 2013A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 11 October 2013Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 5 November 2013Goods 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 19 September 2014Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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.

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 ↗ 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 31-12-2012 was due by 31-07-2013 and was filed on 12-07-2013, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 1 day before the deadline, and 42% 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

RCLD was incorporated on 22 December 1987.1 Total assets fell from EUR 1.7 million in 2008 to EUR 1.1 million in 2012 and headcount from 17.7 to 14.2 full-time equivalents.2 On 19 September 2013 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2008 and 2012
  3. 3Belgian State Gazette, 26-09-2013

Go further with this company

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

Financials · fiscal year 2012, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€0
2009 · €0
Total assets
€1.1m▼ 0.6%
2011 · €1.1m
Net result
€45,778
2011 · -€73,488
Working capital
-€190,807▲ 46.3%
2011 · -€355,584
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
Line20082009201020112012
Turnover€0-€0€0
Operating result€243,238-€146,813▼ 39.6%-€210,868-€220,672▼ 4.6%€75,711
Net result€263,050-€48,079▼ 81.7%-€599,095-€73,488▲ 87.7%€45,778
Equity€342,190-€390,269▲ 14.1%€390,269=-€282,314-€236,536▲ 16.2%
Total assets€1.7m-€1.7m=€1.7m▼ 2.2%€1.1m▼ 35.3%€1.1m▼ 0.6%
Debt€1.4m-€1.4m=€1.7m▲ 19.6%€1.4m▼ 16.8%€1.3m▼ 3.8%
Working capital-€159,962--€159,962=-€347,419▼ 117%-€355,584▼ 2.4%-€190,807▲ 46.3%
Staff (FTE)17.7-16▼ 9.6%17.3▲ 8.1%16.7▼ 3.5%14.2▼ 15.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€750,000-€500,000-€250,000€0€250,000Operating result 2008: €243,238€243,238Net result 2008: €263,050€263,050Operating result 2009: €146,813€146,813Net result 2009: €48,079€48,079Operating result 2010: -€210,868-€210,868Net result 2010: -€599,095-€599,095Operating result 2011: -€220,672-€220,672Net result 2011: -€73,488-€73,488Operating result 2012: €75,711€75,711Net result 2012: €45,778€45,77820082009201020112012-€600,000-€400,000-€200,000€0Operating result 2010: -€210,868-€211,000Net result 2010: -€599,095-€599,000Operating result 2011: -€220,672-€221,000Net result 2011: -€73,488-€73,500Operating result 2012: €75,711€75,700Net result 2012: €45,778€45,800201020112012
The operating result returns to profit in 2012: €75,711 after a loss of €220,672 in 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Assets €1.1m
Fixed assets €277,810 ▼ 6.2%
Current assets €807,434 ▲ 1.5%
Key figures and ratios
2012 value · change against 2011
EBITDA
€99,402▲
2011 · -€188,282
Cash flow
€69,469▲
2011 · -€41,098
Solvency
-21.8%▲
2011 · -25.9%
Current ratio
0.81▲
2011 · 0.69
Quick ratio
0.78▲
2011 · 0.66
Debt to equity
-1.34▼
2011 · -0.78
ROA
4.2%▲
2011 · -6.7%
Debt ≤ 1 year
€998,241▼
2011 · €1.2m
Debt > 1 year
€316,264▲
2011 · €219,878
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2012 against 2011 · 26 lines
Balance sheet Code20112012
Assets
Total assets20/58€1.1m€1.1m▼
Fixed assets21/28€296,072€277,810▼
Intangible fixed assets21€600-
Tangible fixed assets22/27€260,913€243,943▼
Financial fixed assets28€34,558€33,867▼
Current assets29/58€795,393€807,434▲
Stocks and contracts in progress3€31,481€29,738▼
Amounts receivable within one year40/41€740,559€737,073▼
Cash at bank and in hand54/58€18,076€30,629▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▼
Equity10/15-€282,314-€236,536▲
Contributions10/11€369,000€369,000=
Reserves13€261,576€261,576=
Profit (loss) carried forward14-€912,890-€867,112▲
Amounts payable17/49€1.4m€1.3m▼
Amounts payable after more than one year17€219,878€316,264▲
Amounts payable within one year42/48€1.2m€998,241▼
Trade debts44€368,813€324,132▼
Income statement Code20112012
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,390€23,692▼
Gross operating margin9900€398,357€573,525▲
Operating profit (loss)9901-€220,672€75,711▲
Recurring financial income75€232€3,695▲
Recurring financial charges65€34,619€32,625▼
Profit (loss) for the period before taxes9903-€73,488€45,778▲
Profit (loss) for the period9904-€73,488€45,778▲
Profit (loss) for the period to be appropriated9905-€298,743€45,778▲
Line20082009201020112012Change
Turnover70€0€0€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,366€50,053€50,053€32,390€23,692▼ 26.9%
Gross operating margin9900€846,788€830,517€830,517€398,357€573,525▲ 44.0%
Operating profit (loss)9901€243,238€146,813-€210,868-€220,672€75,711▲ 134%
Recurring financial income75€6,439€6,439€2,699€232€3,695▲ 1,494%
Recurring financial charges65€90,936€89,545€87,520€34,619€32,625▼ 5.8%
Profit (loss) for the period before taxes9903€263,050€63,235-€599,095-€73,488€45,778▲ 162%
Income taxes67/77€12,074€15,156€15,156---
Profit (loss) for the period9904€263,050€48,079-€599,095-€73,488€45,778▲ 162%
Profit (loss) for the period to be appropriated9905€263,050€48,079-€599,095-€298,743€45,778▲ 115%
Line20082009201020112012Change
Assets
Total assets20/58€1.7m€1.7m€1.7m€1.1m€1.1m▼ 0.6%
Formation expenses20€4,667€2,607€882---
Fixed assets21/28€865,032€831,076€812,528€296,072€277,810▼ 6.2%
Intangible fixed assets21€2,795€2,795€2,063€600--
Tangible fixed assets22/27€667,377€643,002€631,711€260,913€243,943▼ 6.5%
Financial fixed assets28€192,462€182,672€177,871€34,558€33,867▼ 2.0%
Current assets29/58€892,153€892,153€873,428€795,393€807,434▲ 1.5%
Stocks and contracts in progress3€117,389€117,389€85,467€31,481€29,738▼ 5.5%
Amounts receivable within one year40/41€737,307€744,099€757,896€740,559€737,073▼ 0.5%
Current investments50/53€0€0€0---
Cash at bank and in hand54/58€18,142€1,483€7,362€18,076€30,629▲ 69.4%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.7m€1.7m€1.1m€1.1m▼ 0.6%
Equity10/15€342,190€390,269€390,269-€282,314-€236,536▲ 16.2%
Contributions10/11€369,000€369,000€369,000€369,000€369,000=
Reserves13€36,321€36,321€36,321€261,576€261,576=
Profit (loss) carried forward14-€364,255-€101,205-€614,147-€912,890-€867,112▲ 5.0%
Provisions and deferred taxes16€0€0€0---
Amounts payable17/49€1.4m€1.4m€1.7m€1.4m€1.3m▼ 3.8%
Amounts payable after more than one year17€323,666€440,124€440,124€219,878€316,264▲ 43.8%
Amounts payable within one year42/48€1.1m€1.1m€1.2m€1.2m€998,241▼ 13.3%
Trade debts44€369,415€334,557€486,663€368,813€324,132▼ 12.1%
Line20082009201020112012Change
Profit (loss) for the period9904€263,050€48,079-€599,095-€73,488€45,778▲ 162%
+ Depreciation and write-downs630€48,366€50,053€50,053€32,390€23,692▼ 26.9%
Operating cash flow (approximation)€311,416€98,132-€549,042-€41,098€69,469▲ 269%
Investment in fixed assets (approximation)--€16,097-€31,505€484,066-€5,430▼ 101%
Change in cash--€16,659€5,879€10,714€12,553▲ 17.2%

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

2025
03-07
Bankruptcy Change of trustee
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 26-06-2025
2013
26-09
Bankruptcy Opening
Rechtbank van koophandel te Oudenaarde · event 19-09-2013
12-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-12
Financial Back to profitnet €45,778
Net result €45,778 after 2 loss-making years.
19-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
31-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 31 days late
2010
31-12
Financial Weakest financial yearnet -€599,095
Net result drops to -€599,095, the lowest in the series.
17-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
10-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
29-07
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
30-08
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema · 30 days late
2006
29-08
NBB filing Annual accounts filed
fiscal year 2005 · abbreviated schema · 29 days late
2005
11-08
NBB filing Annual accounts filed
fiscal year 2004 · abbreviated schema · 11 days late
2004
29-10
NBB filing Annual accounts filed
fiscal year 2003 · abbreviated schema · 90 days late
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 Sign in to place this company at the front of the reading queue.

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, Oudenaarde · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
343 m²
Building footprint
315 m²
Volume, LiDAR
1,269 m³
Parcel 45026A0500/00Y002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
DECORTATIE & SCHILDERWERKEN WILLEMS
Bekemolen 1, 9700 OudenaardeNACE 45211
since 20022.034.412.474
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45026A0500/00Y002 Flanders 343 m² 1 · 315 m² 9.8 m · 1 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 VAN DEN BOSSCHE JURGEN
SIMON DE PAEPESTRAAT 19, 9700 OUDENAARDE
26-06-2025 → present
Curator Mr. Johan Cambier
advocaat te 9700 Oudenaarde, Voorbrug 3
19-09-2013 → present

Similar companies · same sector, comparable size

Of 913 companies in sector 43333 we hold annual accounts for 401. 74 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded22-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
46442Wholesale trade
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 29 September 2026 · Peppol Directory

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