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REXQNET

Open bankruptcy
Private limited company (pre-2019)founded 2012Knaptandstraat 39, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0847.283.221

A bankruptcy procedure is open for REXQNET according to publications in the Belgian State Gazette; curator: FREDERIK NAENEN.

Summary

The 2023 annual accounts show equity of €19,238 and a net result of €27,396.

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
17 February 2025
Supervising judge
Herman Windey
Official Gazette
24-02-2025 (pdf) ↗search the document for 2025/107790

Deadlines

Provisional date payments stopped
14 February 2025Payments 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 11 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 28 March 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 17 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Frederik NaenenGrote Baan 201, 9120 Beveren- Kruibeke-Zwijndrechtfn@naenen-advocaten.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 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
30 d late
2021
92 d late
2020
47 d late
2019
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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

REXQNET was incorporated on 2 July 2012.1 Total assets rose from EUR 4,420 in 2018 to EUR 68,389 in 2023.2 On 17 February 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 24-02-2025

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
€19,238▲ 14.2%
2022 · €16,842
Total assets
€68,389▲ 74.0%
2022 · €39,312
Net result
€27,396▼ 7.6%
2022 · €29,664
Working capital
€39,238▲ 133%
2022 · €16,842
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
Line20192020202120222023
Operating result€1,131€13,548▲ 1,098%€17,858▲ 31.8%€32,313▲ 80.9%€28,566▼ 11.6%
Net result€858€10,615within the sector's middle half▲ 1,137%€17,776within the sector's middle half▲ 67.5%€29,664within the sector's middle half▲ 66.9%€27,396within the sector's middle half▼ 7.6%
Equity€3,788▲ 29.3%€4,403below the sector's middle half▲ 16.2%€7,179below the sector's middle half▲ 63.0%€16,842below the sector's middle half▲ 135%€19,238below the sector's middle half▲ 14.2%
Total assets€33,906▲ 667%€22,034below the sector's middle half▼ 35.0%€23,396below the sector's middle half▲ 6.2%€39,312below the sector's middle half▲ 68.0%€68,389below the sector's middle half▲ 74.0%
Debt€30,118▲ 1,921%€17,631▼ 41.5%€16,218▼ 8.0%€22,470▲ 38.6%€49,151▲ 119%
Working capital-€3,439€166below the sector's middle half€5,933below the sector's middle half▲ 3,464%€16,842within the sector's middle half▲ 184%€39,238within the sector's middle half▲ 133%
Solvency11.2%20.0%below the sector's middle half▲ 8.8pp30.7%below the sector's middle half▲ 10.7pp42.8%within the sector's middle half▲ 12.2pp28.1%below the sector's middle half▼ 14.7pp
Current ratio0.891.01below the sector's middle half▲ 0.121.37below the sector's middle half▲ 0.361.75within the sector's middle half▲ 0.382.35within the sector's middle half▲ 0.60
Return on assets (ROA)2.5%48.2%above the sector's middle half▲ 45.6pp76.0%above the sector's middle half▲ 27.8pp75.5%above the sector's middle half▼ 0.5pp40.1%above the sector's middle half▼ 35.4pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
€0€10,000€20,000€30,000Operating result 2019: €1,131€1,131Net result 2019: €858€858Operating result 2020: €13,548€13,548Net result 2020: €10,615€10,615Operating result 2021: €17,858€17,858Net result 2021: €17,776€17,776Operating result 2022: €32,313€32,313Net result 2022: €29,664€29,664Operating result 2023: €28,566€28,566Net result 2023: €27,396€27,39620192020202120222023€0€10,000€20,000€30,000Operating result 2021: €17,858€17,900Net result 2021: €17,776€17,800Operating result 2022: €32,313€32,300Net result 2022: €29,664€29,700Operating result 2023: €28,566€28,600Net result 2023: €27,396€27,400202120222023
The operating result falls in 2023; 2023 is 12% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €68,389
Equity €19,238 ▲ 14.2%
Debt €49,151 ▲ 119%
Debt's share of the balance-sheet total rises from 57.2% to 71.9%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
Debt to equity
2.55▲
2022 · 1.33
ROE
142.4%▼
2022 · 176.1%
Debt ≤ 1 year
€29,151▲
2022 · €22,470
Income taxes
€1,170▼
2022 · €2,649
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 · 2023 against 2022 · 34 lines
Balance sheet Code20222023
Assets
Total assets20/58€39,312€68,389▲
Current assets29/58€39,312€68,389▲
Amounts receivable within one year40/41€16,320€15,772▼
Trade receivables40€15,750€15,593▼
Other amounts receivable41€570€179▼
Cash at bank and in hand54/58€22,992€52,617▲
Equity and liabilities
Total equity and liabilities10/49€39,312€68,389▲
Equity10/15€16,842€19,238▲
Contributions10/11€1€1=
Reserves13€17,431€17,431=
Non-distributable reserves130/1€0€0=
Reserves not available under the articles1311€0€0=
Distributable reserves133€17,431€17,431=
Profit (loss) carried forward14-€590€1,806▲
Amounts payable17/49€22,470€49,151▲
Amounts payable within one year42/48€22,470€29,151▲
Trade debts44€2,470€4,151▲
Suppliers440/4€2,470€4,151▲
Other amounts payable47/48€20,000€25,000▲
Accrued charges and deferred income492/3-€20,000
Income statement Code20222023
Non-recurring operating income76A€1,509€1,548▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,246-
Gross operating margin9900€33,559€28,566▼
Operating profit (loss)9901€32,313€28,566▼
Profit (loss) for the period before taxes9903€32,313€28,566▼
Income taxes67/77€2,649€1,170▼
Profit (loss) for the period9904€29,664€27,396▼
Profit (loss) for the period to be appropriated9905€29,664€27,396▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,073€26,806▼
Profit (loss) brought forward from the previous period14P-€590-€590=
Transfer to equity691/2€9,664-
To other reserves6921€9,664-
Profit to be distributed694/7€20,000€25,000▲
Directors or managers695€20,000€25,000▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€1,470€1,509€1,548▲ 2.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,744€2,991€2,991€1,246--
Other operating charges640/8--€3,000---
Gross operating margin9900€2,876€16,539€23,849€33,559€28,566▼ 14.9%
Operating profit (loss)9901€1,131€13,548€17,858€32,313€28,566▼ 11.6%
Financial charges65/66B--€83---
Recurring financial charges65--€83---
Profit (loss) for the period before taxes9903€1,131€13,548€17,776€32,313€28,566▼ 11.6%
Income taxes67/77€273€2,933-€2,649€1,170▼ 55.8%
Profit (loss) for the period9904€858€10,615€17,776€29,664€27,396▼ 7.6%
Profit (loss) for the period to be appropriated9905€858€10,615€17,776€29,664€27,396▼ 7.6%
Line20192020202120222023Change
Assets
Total assets20/58€33,906€22,034€23,396€39,312€68,389▲ 74.0%
Fixed assets21/28€7,227€4,237€1,246---
Tangible fixed assets22/27€7,227€4,237€1,246---
Furniture and vehicles24--€1,246---
Current assets29/58€26,679€17,798€22,150€39,312€68,389▲ 74.0%
Amounts receivable within one year40/41€19,482€11,002€15,300€16,320€15,772▼ 3.4%
Trade receivables40--€15,300€15,750€15,593▼ 1.0%
Other amounts receivable41---€570€179▼ 68.5%
Cash at bank and in hand54/58€5,878€6,796€6,850€22,992€52,617▲ 129%
Equity and liabilities
Total equity and liabilities10/49€33,906€22,034€23,396€39,312€68,389▲ 74.0%
Equity10/15€3,788€4,403€7,179€16,842€19,238▲ 14.2%
Contributions10/11€1-€1€1€1=
Reserves13€7,768€7,768€7,768€17,431€17,431=
Non-distributable reserves130/1--€0€0€0=
Reserves not available under the articles1311--€0€0€0=
Distributable reserves133--€7,767€17,431€17,431=
Profit (loss) carried forward14-€3,981-€3,366-€590-€590€1,806▲ 406%
Amounts payable17/49€30,118€17,631€16,218€22,470€49,151▲ 119%
Amounts payable within one year42/48€30,118€17,631€16,218€22,470€29,151▲ 29.7%
Trade debts44€735€185€420€2,470€4,151▲ 68.0%
Suppliers440/4--€420€2,470€4,151▲ 68.0%
Taxes, remuneration and social security45--€798---
Taxes450/3--€798---
Other amounts payable47/48--€15,000€20,000€25,000▲ 25.0%
Accrued charges and deferred income492/3----€20,000-
Line20192020202120222023Change
Profit (loss) for the period9904€858€10,615€17,776€29,664€27,396▼ 7.6%
+ Depreciation and write-downs630€1,744€2,991€2,991€1,246--
Operating cash flow (approximation)€2,603€13,606€20,766€30,910€27,396▼ 11.4%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€917€55€16,142€29,625▲ 83.5%

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
24-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 17-02-2025
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Highest result since 2018net €29,664 ▲66.9%
Operating result €32,313, net result €29,664, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
16-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
01-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
31-12
Financial Back to profitnet €858
Net result €858 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
19-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 141 days late
2015
20-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
3,373 m²
Volume, LiDAR
54,645 m³
2 parcels, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Establishment
Retail trade
since 20122.214.755.666
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13027A0065/00F002 Flanders 1.2 ha 1 · 3,044 m² 24.1 m · 6 fl.
46444D0824/00F003 Flanders 523 m² 1 · 329 m² 10.7 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator FREDERIK NAENEN
GROTE BAAN 201, 9120 BEVEREN- KRUIBEKE-ZWIJNDRECHT
17-02-2025 → present

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 12,863 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)
Founded02-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
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.