RIVALD

Open bankruptcy

Private limited company (pre-2019)founded 2010Rue de Neussart, Corroy 24, 1325 Chaumont-Gistoux, BelgiumKBO/BCE: BE 0830.485.591

A bankruptcy procedure is open for RIVALD according to publications in the Belgian State Gazette; curator: XAVIER IBARRONDO LASA.

Summary

The 2018 annual accounts show negative equity (-€38,890) and a net result of -€94,188.

Risk analysis Watch Report Compare

RIVALDOpen bankruptcy

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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 Walloon Brabant
Declared bankrupt: 22 March 2021
Supervising judge: Catherine Collet
Official Gazette: 26-03-2021 (pdf) ↗search the document for 2021/111678

Deadlines

Appeal or third-party opposition until: passed on 10 April 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until: passed on 21 April 2021art. XX.104 and XX.155 CEL
First verification report: passed on 3 May 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 22 March 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

Xavier Ibarrondo LasaOff.Park Green Alley,Rue Du Panier Vert 70, 1400 Nivellesxavier.ibarrondo@avocatsjanssens.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

Two signals.

+raises risk

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

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Checked, nothing found (1)

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

RIVALD was incorporated on 20 October 2010.¹ The company has filed 8 sets of annual accounts, the latest for fiscal year 2018.² On 22 March 2021 the company was declared bankrupt.³

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 Are there other customers at risk in your own list?Process a list How is the Other specialised construction activities sector doing?Sector figures

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

Financials · fiscal year 2018, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

-€94,188

Working capital

-€38,004

Balance-sheet composition

Assets €268,579

11%

89.4%

Fixed assets €28,392

Current assets €240,187

Key figures and ratios

2018 value

EBITDA

-€71,771

Cash flow

-€73,044

Solvency

-14.5%

Current ratio

0.86

Debt to equity

-0.75

ROA

-35.1%

Debt

€307,469

Debt ≤ 1 year

€278,191

Debt > 1 year

€29,206

Income taxes

€1,012

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2018 · 25 lines

Balance sheet Code2018

Assets

Total assets20/58€268,579

Fixed assets21/28€28,392

Tangible fixed assets22/27€27,112

Financial fixed assets28€1,280

Current assets29/58€240,187

Amounts receivable within one year40/41€233,265

Cash at bank and in hand54/58€5,442

Equity and liabilities

Total equity and liabilities10/49€268,579

Equity10/15-€38,890

Contributions10/11€6,200

Reserves13€3,000

Profit (loss) carried forward14-€48,090

Amounts payable17/49€307,469

Amounts payable after more than one year17€29,206

Amounts payable within one year42/48€278,191

Trade debts44€202,339

Income statement Code2018

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,144

Gross operating margin9900-€44,433

Operating profit (loss)9901-€92,915

Recurring financial income75€1,244

Recurring financial charges65€1,505

Profit (loss) for the period before taxes9903-€93,176

Income taxes67/77€1,012

Profit (loss) for the period9904-€94,188

Profit (loss) for the period to be appropriated9905-€94,188

Line	2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€21,144
Gross operating margin9900	-€44,433
Operating profit (loss)9901	-€92,915
Recurring financial income75	€1,244
Recurring financial charges65	€1,505
Profit (loss) for the period before taxes9903	-€93,176
Income taxes67/77	€1,012
Profit (loss) for the period9904	-€94,188
Profit (loss) for the period to be appropriated9905	-€94,188

Line	2018
Assets
Total assets20/58	€268,579
Fixed assets21/28	€28,392
Tangible fixed assets22/27	€27,112
Financial fixed assets28	€1,280
Current assets29/58	€240,187
Amounts receivable within one year40/41	€233,265
Cash at bank and in hand54/58	€5,442
Equity and liabilities
Total equity and liabilities10/49	€268,579
Equity10/15	-€38,890
Contributions10/11	€6,200
Reserves13	€3,000
Profit (loss) carried forward14	-€48,090
Amounts payable17/49	€307,469
Amounts payable after more than one year17	€29,206
Amounts payable within one year42/48	€278,191
Trade debts44	€202,339

Line	2018
Profit (loss) for the period9904	-€94,188
+ Depreciation and write-downs630	€21,144
Operating cash flow (approximation)	-€73,044

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

All 11Signals 3Filings 8

2023

09-06

Bankruptcy Supervising judge replaced

Tribunal de l’entreprise du Brabant wallon · event 05-06-2023

2021

09-06

Bankruptcy Supervising judge replaced

Tribunal de l’entreprise du Brabant wallon · event 31-05-2021

26-03

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · event 22-03-2021

2019

27-12