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REGEL

Dissolution or liquidation
Public limited companyfounded 1986KBO/BCE: BE 0429.583.405
Summary

The KBO register records for REGEL the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €3.5m and a net result of -€87,263.

REGELDissolution or liquidation

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Walloon Brabant
Opened
23 May 2022
Track
Reorganisation by amicable settlement
Docket number
20220016
Moratorium until
19 September 2022 (passed; an extension would be in a later judgment)
Delegated judge
Serge Sztencel
Official Gazette
30-05-2022 (pdf) ↗search the document for 2022/119955

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. An amicable settlement binds only the creditors who sign it. You decide whether you sign.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, 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 · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
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 publications
Publications
Late accounts filing

History

On 9 October 1986, REGEL was incorporated.1 The company has filed 31 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

Go further with this company

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

Financials · fiscal year 2020, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€87,263
2019 · €109,704
Working capital
€756,552▲ 15.1%
2019 · €657,533
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
Line20192020
Operating result€221,298-€39,419▼ 82.2%
Net result€109,704--€87,263
Equity€3.6m-€3.5m▼ 2.4%
Total assets€13.5m-€13.2m▼ 1.8%
Debt€8.8m-€8.8m▼ 0.6%
Working capital€657,533-€756,552▲ 15.1%
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2019: €221,298€221,298Net result 2019: €109,704€109,704Operating result 2020: €39,419€39,419Net result 2020: -€87,263-€87,26320192020-€100,000€0€100,000€200,000Operating result 2019: €221,298€221,000Net result 2019: €109,704€110,000Operating result 2020: €39,419€39,400Net result 2020: -€87,263-€87,30020192020
The operating result falls in 2020; 2020 is 82% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €13.2m
Fixed assets €6.8m ▼ 1.7%
Current assets €6.4m ▼ 2.0%
Equity and liabilities €13.2m
Equity €3.5m ▼ 2.4%
Provisions €965,366 ▼ 9.6%
Debt €8.8m ▼ 0.6%
Debt's share of the balance-sheet total rises from 65.6% to 66.4%. Equity and debt are lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€156,127▼
2019 · €339,485
Cash flow
€29,445▼
2019 · €227,891
Current ratio
1.13▲
2019 · 1.11
Debt to equity
0.88▲
2019 · 0.83
ROE
-2.5%▼
2019 · 3.1%
ROA
-0.7%▼
2019 · 0.8%
Debt ≤ 1 year
€5.7m▼
2019 · €5.9m
Debt > 1 year
€3.1m▲
2019 · €2.9m
Income taxes
€93,940
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 · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€13.5m€13.2m▼
Fixed assets21/28€6.9m€6.8m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Financial fixed assets28€5.3m€5.3m=
Current assets29/58€6.5m€6.4m▼
Amounts receivable within one year40/41€3.0m€2.9m▼
Equity and liabilities
Total equity and liabilities10/49€13.5m€13.2m▼
Equity10/15€3.6m€3.5m▼
Contributions10/11€2.7m€2.7m=
Reserves13€1.5m€1.4m▼
Profit (loss) carried forward14-€644,613-€706,716▼
Provisions and deferred taxes16€1.1m€965,366▼
Amounts payable17/49€8.8m€8.8m▼
Amounts payable after more than one year17€2.9m€3.1m▲
Amounts payable within one year42/48€5.9m€5.7m▼
Trade debts44€203,303€11,877▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118,187€116,708▼
Gross operating margin9900€413,719€92,205▼
Operating profit (loss)9901€221,298€39,419▼
Recurring financial income75€53,668€56,104▲
Recurring financial charges65€91,107€101,813▲
Profit (loss) for the period before taxes9903€183,859-€6,278▼
Income taxes67/77-€93,940
Profit (loss) for the period9904€109,704-€87,263▼
Profit (loss) for the period to be appropriated9905-€78,407-€62,103▲
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118,187€116,708▼ 1.3%
Gross operating margin9900€413,719€92,205▼ 77.7%
Operating profit (loss)9901€221,298€39,419▼ 82.2%
Recurring financial income75€53,668€56,104▲ 4.5%
Recurring financial charges65€91,107€101,813▲ 11.8%
Profit (loss) for the period before taxes9903€183,859-€6,278▼ 103%
Income taxes67/77-€93,940-
Profit (loss) for the period9904€109,704-€87,263▼ 180%
Profit (loss) for the period to be appropriated9905-€78,407-€62,103▲ 20.8%
Line20192020Change
Assets
Total assets20/58€13.5m€13.2m▼ 1.8%
Fixed assets21/28€6.9m€6.8m▼ 1.7%
Tangible fixed assets22/27€1.6m€1.5m▼ 7.3%
Financial fixed assets28€5.3m€5.3m=
Current assets29/58€6.5m€6.4m▼ 2.0%
Amounts receivable within one year40/41€3.0m€2.9m▼ 5.8%
Equity and liabilities
Total equity and liabilities10/49€13.5m€13.2m▼ 1.8%
Equity10/15€3.6m€3.5m▼ 2.4%
Contributions10/11€2.7m€2.7m=
Reserves13€1.5m€1.4m▼ 1.7%
Profit (loss) carried forward14-€644,613-€706,716▼ 9.6%
Provisions and deferred taxes16€1.1m€965,366▼ 9.6%
Amounts payable17/49€8.8m€8.8m▼ 0.6%
Amounts payable after more than one year17€2.9m€3.1m▲ 4.2%
Amounts payable within one year42/48€5.9m€5.7m▼ 3.9%
Trade debts44€203,303€11,877▼ 94.2%
Line20192020Change
Profit (loss) for the period9904€109,704-€87,263▼ 180%
+ Depreciation and write-downs630€118,187€116,708▼ 1.3%
Operating cash flow (approximation)€227,891€29,445▼ 87.1%
Investment in fixed assets (approximation)--€1-

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

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Timeline · acts, filings and financial milestones

2025
08-09
KBO administration Late accounts filing
2022
30-05
Judicial reorganisation Opening
Tribunal de l’entreprise du Brabant wallon · amicable agreement · event 23-05-2022
03-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 215 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2018
11-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 345 days late
2017
10-01
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 163 days late
2015
28-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 89 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
07-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 7 days late
2012
24-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 24 days late
2011
24-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 24 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 31 days late
SignalNBB filing
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Ittre · 1 establishment unit since 1986
seat establishment The establishment unit on the map
Ground area
5,448 m²
Building footprint
172 m²
Volume, LiDAR
1,049 m³
2 parcels, Brussels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
16 companies at this address See who is registered here
1 establishment unit
REGEL
Zijdeweverijstraat 52, 1190 VorstNACE 70201
since 19862.034.854.815
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21384D0019/00X002 Brussels 4,703 m² 1 · 120 m² 9.8 m · 2 fl.
25108B0640/00T002 Wallonia 745 m² 1 · 52 m² 10.8 m · 3 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.

Identification & contact

Identification
Legal formPublic limited company
Founded09-10-1986
Fiscal year end31-12
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 27 September 2026 · Peppol Directory

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