REAL GESTION
Open bankruptcyA bankruptcy procedure is open for REAL GESTION according to publications in the Belgian State Gazette; curator: ALAIN G. VANDAMME.
Summary
The file additionally contains 1 administrative flag. The 2021 annual accounts show negative equity (-€50,222) and a net result of -€8,616.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 16 June 2025
- Supervising judge
- Leon Niessen
- Official Gazette
- 26-06-2025 (pdf) ↗search the document for 2025/127740
Deadlines
- Appeal or third-party opposition until
- passed on 11 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 July 2025Goods 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 16 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Alain G. VandammeBoulevard Brand Whit- Lock 106, 1200 Woluwe-Saint-Lambert- vovan.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
Three signals. The signal on the left, the evidence on the right.
+raises risk
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
UBO non-compliance
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?Process a list How is the Wholesale of beverages, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
€80,764▲ 59.1%
2018 · €50,778
EBIT margin
16.3%▲ 44.7pp
2018 · -28.4%
Net result
-€8,616
2020 · €8,750
Working capital
-€50,074▼ 28.5%
2020 · -€38,958
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€50,778-€80,764▲ 59.1%
Operating result-€14,431-€13,148€9,188▼ 30.1%-€9,045
Net result-€14,590-€12,335€8,750within the sector's middle half▼ 29.1%-€8,616below the sector's middle half
EBIT margin-28.4%-16.3%▲ 44.7pp
Equity-€62,690--€50,355▲ 19.7%-€41,606below the sector's middle half▲ 17.4%-€50,222below the sector's middle half▼ 20.7%
Total assets€24,039-€27,232▲ 13.3%€53,035below the sector's middle half▲ 94.8%€104,253within the sector's middle half▲ 96.6%
Debt€86,729-€77,587▼ 10.5%€94,640▲ 22.0%€154,475▲ 63.2%
Working capital-€62,194--€48,401▲ 22.2%-€38,958below the sector's middle half▲ 19.5%-€50,074below the sector's middle half▼ 28.5%
Solvency-260.8%--184.9%▲ 75.9pp-78.5%below the sector's middle half▲ 106.5pp-48.2%below the sector's middle half▲ 30.3pp
Current ratio0.28-0.36▲ 0.080.58below the sector's middle half▲ 0.220.67below the sector's middle half▲ 0.09
Return on assets (ROA)-60.7%-45.3%▲ 106.0pp16.5%above the sector's middle half▼ 28.8pp-8.3%below the sector's middle half▼ 24.8pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 turns negative in 2021: a loss of €9,045 after €9,188 in 2020.
Balance-sheet composition
Assets €104,253
Fixed assets
€2,500
Current assets
€101,753
Key figures and ratios
Quick ratio
0.54▲
2020 · 0.42
Debt to equity
-3.08
Debt ≤ 1 year
€151,828▲
2020 · €91,993
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 |
|---|---|---|---|---|---|
| Turnover70 | €50,778 | €80,764 | - | - | - |
| Non-recurring operating charges66A | - | - | - | €53 | - |
| Gross operating margin9900 | -€14,373 | €13,657 | €9,188 | -€8,992 | ▼ 198% |
| Operating profit (loss)9901 | -€14,431 | €13,148 | €9,188 | -€9,045 | ▼ 198% |
| Financial income75/76B | - | - | - | €429 | - |
| Recurring financial income75 | €376 | €0 | €6 | €429 | ▲ 7,047% |
| Recurring financial charges65 | €535 | €813 | €444 | - | - |
| Profit (loss) for the period before taxes9903 | -€14,590 | €12,335 | €8,750 | -€8,616 | ▼ 198% |
| Profit (loss) for the period9904 | -€14,590 | €12,335 | €8,750 | -€8,616 | ▼ 198% |
| Profit (loss) for the period to be appropriated9905 | -€14,590 | €12,335 | €8,750 | -€8,616 | ▼ 198% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24,039 | €27,232 | €53,035 | €104,253 | ▲ 96.6% |
| Fixed assets21/28 | - | - | - | €2,500 | - |
| Tangible fixed assets22/27 | - | - | - | €2,500 | - |
| Furniture and vehicles24 | - | - | - | €2,500 | - |
| Current assets29/58 | €24,039 | €27,232 | €53,035 | €101,753 | ▲ 91.9% |
| Stocks and contracts in progress3 | - | €9,856 | €14,856 | €19,456 | ▲ 31.0% |
| Stocks30/36 | - | - | - | €19,456 | - |
| Amounts receivable within one year40/41 | €23,114 | €12,989 | €37,548 | €81,237 | ▲ 116% |
| Trade receivables40 | - | - | - | €81,237 | - |
| Cash at bank and in hand54/58 | €925 | €4,386 | €631 | €1,060 | ▲ 67.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24,039 | €27,232 | €53,035 | €104,253 | ▲ 96.6% |
| Equity10/15 | -€62,690 | -€50,355 | -€41,606 | -€50,222 | ▼ 20.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Legal reserve130 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€83,150 | -€70,815 | -€62,066 | -€70,682 | ▼ 13.9% |
| Amounts payable17/49 | €86,729 | €77,587 | €94,640 | €154,475 | ▲ 63.2% |
| Amounts payable within one year42/48 | €86,232 | €75,632 | €91,993 | €151,828 | ▲ 65.0% |
| Trade debts44 | €8,905 | €12,801 | €27,535 | €85,632 | ▲ 211% |
| Suppliers440/4 | - | - | - | €85,632 | - |
| Taxes, remuneration and social security45 | - | - | - | €11,504 | - |
| Taxes450/3 | - | - | - | €11,504 | - |
| Other amounts payable47/48 | - | - | - | €54,691 | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,647 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,590 | €12,335 | €8,750 | -€8,616 | ▼ 198% |
| Operating cash flow (approximation) | -€14,590 | €12,335 | €8,750 | -€8,616 | ▼ 198% |
| Change in cash | - | €3,462 | -€3,755 | €429 | ▲ 111% |
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
26-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-06-2025
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 849 days late
06-09
KBO administration
UBO non-compliance
event 26-08-2024
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 193 days late
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 210 days late
2019
31-12
Financial
Back to profitnet €12,335
Net result €12,335 after one loss-making year.
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 12 days late
2014
13-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 13 days late
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 12 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.
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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, Elsene · 1 establishment unit since 2008
Ground area
521 m²
Building footprint
243 m²
Volume, LiDAR
5,011 m³
Parcel 21445E0006/00W036, Brussels · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
REAL GESTION
since 20082.301.521.968
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445E0006/00W036 | Brussels | 521 m² | 1 · 243 m² | 25.9 m · 7 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN G. VANDAMME BOULEVARD BRAND WHIT-
LOCK 106, 1200 WOLUWE-SAINT-LAMBERT- alain.vandamme@law-
vovan.be |
16-06-2025 → 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 1,583 companies in sector 46349 we hold annual accounts for 991. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47251Retail sale of wines and spirits
56210Event catering
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Contact
E-mail
GESTION@ORTEGAT.BE
Phone
+3226449878
Phone
+32495274094
Fax
02/633.40.79
Phone
026449878Elsene
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.