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REGUL

Open bankruptcy
Private limited company (pre-2019)founded 2018Molenstraat 49, 9160 Lokeren, BelgiumKBO/BCE: BE 0689.845.291

A bankruptcy procedure is open for REGUL according to publications in the Belgian State Gazette; curator: ELKE M.J. GOOSSENS.

Summary

The file additionally contains 1 interim measure. The 2022 annual accounts show negative equity (-€23,279) and a net result of €37,906.

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, Dendermonde division
Declared bankrupt
4 September 2023
Supervising judge
Evelyne Martens
Official Gazette
08-09-2023 (pdf) ↗search the document for 2023/132991

Deadlines

Provisional date payments stopped
4 March 2023Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 23 September 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 4 October 2023art. XX.104 and XX.155 CEL
First verification report
passed on 13 October 2023Goods 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 4 September 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Elke M.j. GoossensVijfstraten 57, 9100 Sint- Niklaaselke.m.j.goossens@truyensadvocaten.be

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.

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
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 · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
30 d late
2020
23 d late
2019
432 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 129 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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

On 6 February 2018, REGUL was incorporated.1 Total assets went from EUR 62,757 in 2018 to EUR 51,556 in 2022.2 The company was declared bankrupt on 4 September 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 08-09-2023

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
-€23,279▲ 62.0%
2021 · -€61,185
Total assets
€51,556▼ 22.0%
2021 · €66,105
Net result
€37,906
2021 · -€9,827
Working capital
-€40,417▲ 56.7%
2021 · -€93,243
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20182019202020212022
Operating result-€17,597--€16,279▲ 7.5%-€34,998▼ 115%-€8,157▲ 76.7%€37,195
Net result-€17,827--€16,515▲ 7.4%-€35,615below the sector's middle half▼ 116%-€9,827below the sector's middle half▲ 72.4%€37,906above the sector's middle half
Equity€773--€15,742-€51,358below the sector's middle half▼ 226%-€61,185below the sector's middle half▼ 19.1%-€23,279below the sector's middle half▲ 62.0%
Total assets€62,757-€74,023▲ 18.0%€72,388within the sector's middle half▼ 2.2%€66,105within the sector's middle half▼ 8.7%€51,556within the sector's middle half▼ 22.0%
Debt€61,984-€89,765▲ 44.8%€123,745▲ 37.9%€127,290▲ 2.9%€74,835▼ 41.2%
Working capital-€41,485--€76,600▼ 84.6%-€97,816below the sector's middle half▼ 27.7%-€93,243below the sector's middle half▲ 4.7%-€40,417below the sector's middle half▲ 56.7%
Solvency1.2%--21.3%▼ 22.5pp-70.9%below the sector's middle half▼ 49.7pp-92.6%below the sector's middle half▼ 21.6pp-45.2%below the sector's middle half▲ 47.4pp
Current ratio0.33-0.15▼ 0.180.21below the sector's middle half▲ 0.060.27below the sector's middle half▲ 0.060.46below the sector's middle half▲ 0.19
Return on assets (ROA)-28.4%--22.3%▲ 6.1pp-49.2%below the sector's middle half▼ 26.9pp-14.9%below the sector's middle half▲ 34.3pp73.5%above the sector's middle half▲ 88.4pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
-€40,000-€20,000€0€20,000€40,000Operating result 2018: -€17,597-€17,597Net result 2018: -€17,827-€17,827Operating result 2019: -€16,279-€16,279Net result 2019: -€16,515-€16,515Operating result 2020: -€34,998-€34,998Net result 2020: -€35,615-€35,615Operating result 2021: -€8,157-€8,157Net result 2021: -€9,827-€9,827Operating result 2022: €37,195€37,195Net result 2022: €37,906€37,90620182019202020212022-€40,000-€20,000€0€20,000€40,000Operating result 2020: -€34,998-€35,000Net result 2020: -€35,615-€35,600Operating result 2021: -€8,157-€8,160Net result 2021: -€9,827-€9,830Operating result 2022: €37,195€37,200Net result 2022: €37,906€37,900202020212022
The operating result returns to profit in 2022: €37,195 after a loss of €8,157 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €51,556
Fixed assets €17,138 ▼ 46.5%
Current assets €34,418 ▲ 1.1%
Key figures and ratios
2022 value · change against 2021
EBITDA
€51,608▲
2021 · €6,243
Cash flow
€52,320▲
2021 · €4,573
Debt to equity
-3.21▼
2021 · -2.08
Interest coverage
89.57▲
2021 · 3.74
Debt ≤ 1 year
€74,835▼
2021 · €127,290
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 · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€66,105€51,556▼
Fixed assets21/28€32,058€17,138▼
Tangible fixed assets22/27€21,558€1,638▼
Furniture and vehicles24€21,558€1,638▼
Financial fixed assets28€10,500€15,500▲
Current assets29/58€34,047€34,418▲
Amounts receivable within one year40/41€34,045€19,302▼
Trade receivables40€34,045€18,632▼
Other amounts receivable41-€670
Cash at bank and in hand54/58€2€15,115▲
Equity and liabilities
Total equity and liabilities10/49€66,105€51,556▼
Equity10/15-€61,185-€23,279▲
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Profit (loss) carried forward14-€79,785-€41,879▲
Amounts payable17/49€127,290€74,835▼
Amounts payable within one year42/48€127,290€74,835▼
Trade debts44€74,741€19,869▼
Suppliers440/4€74,741€19,869▼
Taxes, remuneration and social security45€1,401-
Taxes450/3€1,401-
Other amounts payable47/48€51,147€54,965▲
Income statement Code20212022
Non-recurring operating income76A-€60,331
Remuneration, social security and pensions62€7,847-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,400€14,414▲
Other operating charges640/8€658€272▼
Non-recurring operating charges66A-€7,158
Gross operating margin9900€14,749€59,038▲
Operating profit (loss)9901-€8,157€37,195▲
Financial income75/76B-€1,288
Recurring financial income75-€1,288
Financial charges65/66B€1,670€576▼
Recurring financial charges65€1,670€576▼
Profit (loss) for the period before taxes9903-€9,827€37,906▲
Profit (loss) for the period9904-€9,827€37,906▲
Profit (loss) for the period to be appropriated9905-€9,827€37,906▲
Appropriation of the result
Profit (loss) to be appropriated9906-€79,785-€41,879▲
Profit (loss) brought forward from the previous period14P-€69,958-€79,785▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Non-recurring operating income76A----€60,331-
Remuneration, social security and pensions62---€7,847--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,242€14,400€14,400€14,400€14,414▲ 0.1%
Other operating charges640/8---€658€272▼ 58.7%
Non-recurring operating charges66A----€7,158-
Gross operating margin9900€4,586€31,648-€15,359€14,749€59,038▲ 300%
Operating profit (loss)9901-€17,597-€16,279-€34,998-€8,157€37,195▲ 556%
Financial income75/76B----€1,288-
Recurring financial income75€3---€1,288-
Financial charges65/66B---€1,670€576▼ 65.5%
Recurring financial charges65€232€237€617€1,670€576▼ 65.5%
Profit (loss) for the period before taxes9903-€17,827-€16,515-€35,615-€9,827€37,906▲ 486%
Profit (loss) for the period9904-€17,827-€16,515-€35,615-€9,827€37,906▲ 486%
Profit (loss) for the period to be appropriated9905-€17,827-€16,515-€35,615-€9,827€37,906▲ 486%
Line20182019202020212022Change
Assets
Total assets20/58€62,757€74,023€72,388€66,105€51,556▼ 22.0%
Fixed assets21/28€42,258€60,858€46,458€32,058€17,138▼ 46.5%
Tangible fixed assets22/27€32,258€50,358€35,958€21,558€1,638▼ 92.4%
Furniture and vehicles24---€21,558€1,638▼ 92.4%
Financial fixed assets28€10,000€10,500€10,500€10,500€15,500▲ 47.6%
Current assets29/58€20,499€13,165€25,930€34,047€34,418▲ 1.1%
Amounts receivable within one year40/41€19,930€8,535€25,930€34,045€19,302▼ 43.3%
Trade receivables40---€34,045€18,632▼ 45.3%
Other amounts receivable41----€670-
Cash at bank and in hand54/58€319€4,139-€2€15,115▲ 889,034%
Equity and liabilities
Total equity and liabilities10/49€62,757€74,023€72,388€66,105€51,556▼ 22.0%
Equity10/15€773-€15,742-€51,358-€61,185-€23,279▲ 62.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10---€18,600€18,600=
Issued capital100---€18,600€18,600=
Profit (loss) carried forward14-€17,827-€34,342-€69,958-€79,785-€41,879▲ 47.5%
Amounts payable17/49€61,984€89,765€123,745€127,290€74,835▼ 41.2%
Amounts payable within one year42/48€61,984€89,765€123,745€127,290€74,835▼ 41.2%
Trade debts44€6,996-€39,261€74,741€19,869▼ 73.4%
Suppliers440/4---€74,741€19,869▼ 73.4%
Taxes, remuneration and social security45---€1,401--
Taxes450/3---€1,401--
Other amounts payable47/48---€51,147€54,965▲ 7.5%
Line20182019202020212022Change
Profit (loss) for the period9904-€17,827-€16,515-€35,615-€9,827€37,906▲ 486%
+ Depreciation and write-downs630€7,242€14,400€14,400€14,400€14,414▲ 0.1%
Operating cash flow (approximation)-€10,585-€2,115-€21,215€4,573€52,320▲ 1,044%
Investment in fixed assets (approximation)--€33,000€0€0€506-
Change in cash-€3,820--€15,114-

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

2023
08-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 04-09-2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
02-08
Interim measure Provisional administrator
Ondernemingsrechtbank Gent · event 25-07-2023
2022
31-12
Financial Back to profitnet €37,906
Net result €37,906 after 4 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
06-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 432 days late
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial Weakest financial yearnet -€35,615
Net result drops to -€35,615, the lowest in the series.
2019
12-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Lokeren · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
140 m²
Building footprint
82 m²
Volume, LiDAR
584 m³
Parcel 46384E1461/00D000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Molenstraat 49, 9160 Lokeren
Civil engineering
since 20182.274.878.939
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46384E1461/00D000 Flanders 140 m² 1 · 82 m² 9.6 m · 2 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 ELKE M.J. GOOSSENS
VIJFSTRATEN 57, 9100 SINT- NIKLAAS
04-09-2023 → present

Similar companies · same sector, comparable size

Of 6,972 companies in sector 49320 we hold annual accounts for 2,716. 527 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)
Founded06-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
43350Other building finishing work
43990Other specialised construction activities
49410Freight transport by road
50100Water transport
50200Water transport
50300Water transport
50400Inland freight water transport
51100Air transport
51210Air transport
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.