REDSTART
Open bankruptcyA bankruptcy procedure is open for REDSTART according to publications in the Belgian State Gazette; curator: JEAN MARIE VERSCHELDEN.
Summary
The 2024 annual accounts show equity of €12,289 and a net result of -€5,046.
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, Veurne division
- Declared bankrupt
- 4 February 2026
- Supervising judge
- Petra Breyne
- Official Gazette
- 10-02-2026 (pdf) ↗search the document for 2026/105817
Deadlines
- Provisional date payments stopped
- 4 February 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 March 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 March 2026Goods 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
- 4 February 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jean Marie VerscheldenDaniel De Haene- Laan 30, 8630 Veurne- jeanmarie.verschelden@advocatenassociatie.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○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
29 d late
2022
31 d late
← 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 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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 Retail sale of information and communication equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€12,289▼ 29.1%
2023 · €17,335
Total assets
€95,298▲ 34.6%
2023 · €70,801
Net result
-€5,046
2023 · €8,108
Working capital
-€52,948▼ 81.6%
2023 · -€29,152
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line202220232024
Operating result-€725-€8,926-€5,025
Net result-€774within the sector's middle half-€8,108within the sector's middle half-€5,046below the sector's middle half
Equity€9,226within the sector's middle half-€17,335within the sector's middle half▲ 87.9%€12,289within the sector's middle half▼ 29.1%
Total assets€51,854below the sector's middle half-€70,801within the sector's middle half▲ 36.5%€95,298within the sector's middle half▲ 34.6%
Debt€42,628-€53,466▲ 25.4%€83,010▲ 55.3%
Working capital-€14,410below the sector's middle half--€29,152below the sector's middle half▼ 102%-€52,948below the sector's middle half▼ 81.6%
Solvency17.8%within the sector's middle half-24.5%within the sector's middle half▲ 6.7pp12.9%within the sector's middle half▼ 11.6pp
Current ratio0.66below the sector's middle half-0.45below the sector's middle half▼ 0.210.36below the sector's middle half▼ 0.09
Return on assets (ROA)-1.5%within the sector's middle half-11.5%within the sector's middle half▲ 12.9pp-5.3%below the sector's middle half▼ 16.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail 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 2024: a loss of €5,025 after €8,926 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95,298
Fixed assets
€65,237 ▲ 40.3%
Current assets
€30,061 ▲ 23.6%
Equity and liabilities €95,298
Equity
€12,289 ▼ 29.1%
Debt
€83,010 ▲ 55.3%
Debt's share of the balance-sheet total rises from 75.5% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,812▼
2023 · €14,982
Cash flow
€6,791▼
2023 · €14,165
Debt to equity
6.76▲
2023 · 3.08
ROE
-41.1%▼
2023 · 46.8%
Interest coverage
321.34▲
2023 · 18.24
Debt ≤ 1 year
€83,010▲
2023 · €53,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,950 | €6,056 | €11,837 | ▲ 95.5% |
| Other operating charges640/8 | €807 | €599 | €602 | ▲ 0.5% |
| Gross operating margin9900 | €7,033 | €15,582 | €7,415 | ▼ 52.4% |
| Operating profit (loss)9901 | -€725 | €8,926 | -€5,025 | ▼ 156% |
| Financial income75/76B | - | €4 | - | - |
| Recurring financial income75 | - | €4 | - | - |
| Financial charges65/66B | €49 | €821 | €21 | ▼ 97.4% |
| Recurring financial charges65 | €49 | €821 | €21 | ▼ 97.4% |
| Profit (loss) for the period before taxes9903 | -€774 | €8,108 | -€5,046 | ▼ 162% |
| Profit (loss) for the period9904 | -€774 | €8,108 | -€5,046 | ▼ 162% |
| Profit (loss) for the period to be appropriated9905 | -€774 | €8,108 | -€5,046 | ▼ 162% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51,854 | €70,801 | €95,298 | ▲ 34.6% |
| Fixed assets21/28 | €23,637 | €46,486 | €65,237 | ▲ 40.3% |
| Intangible fixed assets21 | €22,080 | €45,466 | €64,753 | ▲ 42.4% |
| Tangible fixed assets22/27 | €1,557 | €1,020 | €484 | ▼ 52.5% |
| Plant, machinery and equipment23 | €1,557 | €1,020 | €484 | ▼ 52.5% |
| Current assets29/58 | €28,218 | €24,314 | €30,061 | ▲ 23.6% |
| Amounts receivable within one year40/41 | €25,749 | €11,562 | €25,514 | ▲ 121% |
| Trade receivables40 | €19,052 | €10,734 | €21,754 | ▲ 103% |
| Other amounts receivable41 | €6,697 | €828 | €3,761 | ▲ 354% |
| Cash at bank and in hand54/58 | €2,469 | €12,752 | €4,547 | ▼ 64.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51,854 | €70,801 | €95,298 | ▲ 34.6% |
| Equity10/15 | €9,226 | €17,335 | €12,289 | ▼ 29.1% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | €7,335 | €2,289 | ▼ 68.8% |
| Distributable reserves133 | - | €7,335 | €2,289 | ▼ 68.8% |
| Profit (loss) carried forward14 | -€774 | - | - | - |
| Amounts payable17/49 | €42,628 | €53,466 | €83,010 | ▲ 55.3% |
| Amounts payable within one year42/48 | €42,628 | €53,466 | €83,010 | ▲ 55.3% |
| Trade debts44 | €42,332 | €53,466 | €83,010 | ▲ 55.3% |
| Suppliers440/4 | €42,332 | €53,466 | €83,010 | ▲ 55.3% |
| Advances received on contracts in progress46 | €137 | - | - | - |
| Taxes, remuneration and social security45 | €159 | - | - | - |
| Taxes450/3 | €159 | - | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€774 | €8,108 | -€5,046 | ▼ 162% |
| + Depreciation and write-downs630 | €6,950 | €6,056 | €11,837 | ▲ 95.5% |
| Operating cash flow (approximation) | €6,177 | €14,165 | €6,791 | ▼ 52.1% |
| Investment in fixed assets (approximation) | - | -€28,906 | -€30,588 | ▼ 5.8% |
| Change in cash | - | €10,283 | -€8,205 | ▼ 180% |
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
2026
10-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 04-02-2026
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet -€5,046
Net result drops to -€5,046, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €8,108
Net result €8,108 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Nieuwpoort · 1 establishment unit since 2021
Ground area
1.0 ha
Building footprint
905 m²
Volume, LiDAR
3,707 m³
Parcel 38020A0241/00L000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Redstart
since 20212.323.523.845
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38020A0241/00L000 | Flanders | 1.0 ha | 1 · 905 m² | 8.0 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN MARIE VERSCHELDEN DANIEL DE HAENE-
LAAN 30, 8630 VEURNE- jean- |
04-02-2026 → present |
Structure & network
Owners and holdings
1 ownerOwners 1
-
15%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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 3,224 companies in sector 47400 we hold annual accounts for 1,808. 1,002 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
Founded20-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62100Computer programming
62200Computer consultancy and computer facilities management
82990Other business support services
Contact
Website
www.redstart.be
E-mail
info@redstart.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774317940
Also
9925:BE0774317940
Registered
18-06-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.