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RITAGE PACK

Open bankruptcy
Private limited company (pre-2019)founded 2016KBO/BCE: BE 0648.952.962

A bankruptcy procedure is open for RITAGE PACK according to publications in the Belgian State Gazette; curator: DIETER VANOUTRIVE.

Summary

The 2019 annual accounts show equity of €37,898 and a net result of €4,033.

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 Brussels
Declared bankrupt
26 October 2021
Supervising judge
Piet Roose
Official Gazette
03-11-2021 (pdf) ↗search the document for 2021/137937

Deadlines

Provisional date payments stopped
26 October 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 18 November 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 November 2021art. XX.104 and XX.155 CEL
First verification report
passed on 1 December 2021Goods 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 26 October 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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

Two signals.
+raises risk
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
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

RITAGE PACK was incorporated on 24 February 2016.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2019.2 On 26 October 2021 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 03-11-2021

Go further with this company

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

Financials · fiscal year 2019, micro schema

Equity
€37,898▲ 24.7%
2018 · €30,396
Total assets
€505,608▲ 57.7%
2018 · €320,601
Net result
€4,033▲ 151%
2018 · €1,607
Working capital
€27,614▲ 64.5%
2018 · €16,791
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
Line20182019
Operating result€2,710-€4,395▲ 62.2%
Net result€1,607-€4,033▲ 151%
Equity€30,396-€37,898▲ 24.7%
Total assets€320,601-€505,608▲ 57.7%
Debt€290,205-€467,710▲ 61.2%
Working capital€16,791-€27,614▲ 64.5%
Staff (FTE)1.4-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000Operating result 2018: €2,710€2,710Net result 2018: €1,607€1,607Operating result 2019: €4,395€4,395Net result 2019: €4,033€4,03320182019€0€2,000€4,000Operating result 2018: €2,710€2,710Net result 2018: €1,607€1,610Operating result 2019: €4,395€4,390Net result 2019: €4,033€4,03020182019
The operating result rises in 2019; 2019 is 62% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €505,608
Fixed assets €10,284 ▼ 24.4%
Current assets €495,324 ▲ 61.3%
Equity and liabilities €505,608
Equity €37,898 ▲ 24.7%
Debt €467,710 ▲ 61.2%
Debt's share of the balance-sheet total rises from 90.5% to 92.5%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€14,115▲
2018 · €10,297
Cash flow
€13,753▲
2018 · €9,194
Current ratio
1.06▲
2018 · 1.06
Quick ratio
0.41▲
2018 · 0.33
ROE
10.6%▲
2018 · 5.3%
ROA
0.8%▲
2018 · 0.5%
Debt ≤ 1 year
€467,710▲
2018 · €290,205
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 · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€320,601€505,608▲
Fixed assets21/28€13,605€10,284▼
Tangible fixed assets22/27€9,938€6,617▼
Financial fixed assets28€3,667€3,667=
Current assets29/58€306,996€495,324▲
Stocks and contracts in progress3€212,000€304,000▲
Amounts receivable within one year40/41€88,781€190,026▲
Cash at bank and in hand54/58€6,215€1,298▼
Equity and liabilities
Total equity and liabilities10/49€320,601€505,608▲
Equity10/15€30,396€37,898▲
Contributions10/11€26,530€30,000▲
Reserves13€2,937€2,937=
Profit (loss) carried forward14€929€4,961▲
Amounts payable17/49€290,205€467,710▲
Amounts payable within one year42/48€290,205€467,710▲
Trade debts44€132,780€291,913▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,587€9,720▲
Gross operating margin9900€55,179€69,148▲
Operating profit (loss)9901€2,710€4,395▲
Recurring financial charges65€771€362▼
Profit (loss) for the period before taxes9903€1,939€4,033▲
Income taxes67/77€333-
Profit (loss) for the period9904€1,607€4,033▲
Profit (loss) for the period to be appropriated9905€1,607€4,033▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,587€9,720▲ 28.1%
Gross operating margin9900€55,179€69,148▲ 25.3%
Operating profit (loss)9901€2,710€4,395▲ 62.2%
Recurring financial charges65€771€362▼ 53.0%
Profit (loss) for the period before taxes9903€1,939€4,033▲ 108%
Income taxes67/77€333--
Profit (loss) for the period9904€1,607€4,033▲ 151%
Profit (loss) for the period to be appropriated9905€1,607€4,033▲ 151%
Line20182019Change
Assets
Total assets20/58€320,601€505,608▲ 57.7%
Fixed assets21/28€13,605€10,284▼ 24.4%
Tangible fixed assets22/27€9,938€6,617▼ 33.4%
Financial fixed assets28€3,667€3,667=
Current assets29/58€306,996€495,324▲ 61.3%
Stocks and contracts in progress3€212,000€304,000▲ 43.4%
Amounts receivable within one year40/41€88,781€190,026▲ 114%
Cash at bank and in hand54/58€6,215€1,298▼ 79.1%
Equity and liabilities
Total equity and liabilities10/49€320,601€505,608▲ 57.7%
Equity10/15€30,396€37,898▲ 24.7%
Contributions10/11€26,530€30,000▲ 13.1%
Reserves13€2,937€2,937=
Profit (loss) carried forward14€929€4,961▲ 434%
Amounts payable17/49€290,205€467,710▲ 61.2%
Amounts payable within one year42/48€290,205€467,710▲ 61.2%
Trade debts44€132,780€291,913▲ 120%
Line20182019Change
Profit (loss) for the period9904€1,607€4,033▲ 151%
+ Depreciation and write-downs630€7,587€9,720▲ 28.1%
Operating cash flow (approximation)€9,194€13,753▲ 49.6%
Investment in fixed assets (approximation)--€6,400-
Change in cash--€4,917-

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

Download as CSV

Timeline · acts, filings and financial milestones

2021
03-11
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 26-10-2021
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
12-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
SignalNBB filing
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Zaventem · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
7,975 m²
Building footprint
1,789 m²
Parcel 23094D0041/00F000, Flanders. Linked by address, not a title deed.
129 companies at this address See who is registered here
1 establishment unit
RITAGE PACK
Wholesale trade
since 20162.301.256.803
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0041/00F000 Flanders 7,975 m² 1 · 1,789 m² -
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 DIETER VANOUTRIVE
GULDEN-VLIESLAAN 22, 1050 BRUSSEL 5
26-10-2021 → present

Similar companies · same sector, comparable size

Of 948 companies in sector 47792 we hold annual accounts for 185. 128 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)
Founded24-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
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 29 September 2026 · Peppol Directory

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