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RORYCO

Open bankruptcy
Public limited companyfounded 2015Drie Eikenstraat 661, 2650 Edegem, BelgiumKBO/BCE: BE 0597.658.273

A bankruptcy procedure is open for RORYCO according to publications in the Belgian State Gazette; curator: LOUIS WOUTERS.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2019 annual accounts show negative equity (-€1.4m) and a net result of -€852,746.

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 Antwerp, Antwerp division
Declared bankrupt
9 March 2023
Supervising judge
Adeline Lipczyc
Official Gazette
15-03-2023 (pdf) ↗search the document for 2023/109958

Deadlines

Provisional date payments stopped
9 March 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 30 March 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 April 2023art. XX.104 and XX.155 CEL
First verification report
passed on 5 May 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 9 March 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Louis WoutersJan Van Rijswijcklaan 1-3, 2018 Antwerpen 1adv.louis.wouters@skynet.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

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

On 3 February 2015, RORYCO was incorporated.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2019.2 The company was declared bankrupt on 9 March 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 15-03-2023

Go further with this company

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

Financials · fiscal year 2019, abbreviated schema

Equity
-€1.4m▼ 126%
2018 · -€620,879
Total assets
€506,721▼ 50.9%
2018 · €1.0m
Net result
-€852,746▲ 28.5%
2018 · -€1.2m
Working capital
€22,747
2018 · -€569,366
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-€1.2m--€830,555▲ 29.0%
Net result-€1.2m--€852,746▲ 28.5%
Equity-€620,879--€1.4m▼ 126%
Total assets€1.0m-€506,721▼ 50.9%
Debt€1.6m-€1.9m▲ 15.8%
Working capital-€569,366-€22,747
Staff (FTE)2-1.5▼ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2018: -€1.2m-€1.2mNet result 2018: -€1.2m-€1.2mOperating result 2019: -€830,555-€830,555Net result 2019: -€852,746-€852,74620182019-€1.5m-€1m-€500,000€0Operating result 2018: -€1.2m-€1.2mNet result 2018: -€1.2m-€1.2mOperating result 2019: -€830,555-€831,000Net result 2019: -€852,746-€853,00020182019
The operating result stays negative: a loss of €830,555 in 2019 against €1.2m in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €506,721
Fixed assets €366,814 ▼ 52.1%
Current assets €139,907 ▼ 47.5%
Key figures and ratios
2019 value · change against 2018
EBITDA
-€295,941▲
2018 · -€682,711
Cash flow
-€318,132▲
2018 · -€706,762
Solvency
-276.9%▼
2018 · -60.2%
Current ratio
1.19▲
2018 · 0.32
Quick ratio
0.38▲
2018 · 0.12
Debt to equity
-1.27▼
2018 · -1.25
ROA
-168.3%▼
2018 · -115.6%
Debt ≤ 1 year
€117,160▼
2018 · €835,794
Debt > 1 year
€1.8m▲
2018 · €779,041
Income taxes
€220
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 · 26 lines
Balance sheet Code20182019
Assets
Total assets20/58€1.0m€506,721▼
Fixed assets21/28€765,528€366,814▼
Intangible fixed assets21€749,940€361,539▼
Tangible fixed assets22/27€15,588€5,275▼
Current assets29/58€266,428€139,907▼
Stocks and contracts in progress3€166,304€94,930▼
Amounts receivable within one year40/41€34,573€25,914▼
Cash at bank and in hand54/58€23,562€0▼
Equity and liabilities
Total equity and liabilities10/49€1.0m€506,721▼
Equity10/15-€620,879-€1.4m▼
Contributions10/11€2.0m€2.1m▲
Profit (loss) carried forward14-€2.7m-€3.6m▼
Provisions and deferred taxes16€12,500€10,000▼
Amounts payable17/49€1.6m€1.9m▲
Amounts payable after more than one year17€779,041€1.8m▲
Amounts payable within one year42/48€835,794€117,160▼
Trade debts44€465,241€36,335▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€486,512€534,614▲
Gross operating margin9900-€586,801-€233,617▲
Operating profit (loss)9901-€1.2m-€830,555▲
Recurring financial income75€732€41▼
Recurring financial charges65€24,784€22,011▼
Profit (loss) for the period before taxes9903-€1.2m-€852,526▲
Income taxes67/77-€220
Profit (loss) for the period9904-€1.2m-€852,746▲
Profit (loss) for the period to be appropriated9905-€1.2m-€852,746▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€486,512€534,614▲ 9.9%
Gross operating margin9900-€586,801-€233,617▲ 60.2%
Operating profit (loss)9901-€1.2m-€830,555▲ 29.0%
Recurring financial income75€732€41▼ 94.4%
Recurring financial charges65€24,784€22,011▼ 11.2%
Profit (loss) for the period before taxes9903-€1.2m-€852,526▲ 28.6%
Income taxes67/77-€220-
Profit (loss) for the period9904-€1.2m-€852,746▲ 28.5%
Profit (loss) for the period to be appropriated9905-€1.2m-€852,746▲ 28.5%
Line20182019Change
Assets
Total assets20/58€1.0m€506,721▼ 50.9%
Fixed assets21/28€765,528€366,814▼ 52.1%
Intangible fixed assets21€749,940€361,539▼ 51.8%
Tangible fixed assets22/27€15,588€5,275▼ 66.2%
Current assets29/58€266,428€139,907▼ 47.5%
Stocks and contracts in progress3€166,304€94,930▼ 42.9%
Amounts receivable within one year40/41€34,573€25,914▼ 25.0%
Cash at bank and in hand54/58€23,562€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€1.0m€506,721▼ 50.9%
Equity10/15-€620,879-€1.4m▼ 126%
Contributions10/11€2.0m€2.1m▲ 5.4%
Profit (loss) carried forward14-€2.7m-€3.6m▼ 31.5%
Provisions and deferred taxes16€12,500€10,000▼ 20.0%
Amounts payable17/49€1.6m€1.9m▲ 15.8%
Amounts payable after more than one year17€779,041€1.8m▲ 128%
Amounts payable within one year42/48€835,794€117,160▼ 86.0%
Trade debts44€465,241€36,335▼ 92.2%
Line20182019Change
Profit (loss) for the period9904-€1.2m-€852,746▲ 28.5%
+ Depreciation and write-downs630€486,512€534,614▲ 9.9%
Operating cash flow (approximation)-€706,762-€318,132▲ 55.0%
Investment in fixed assets (approximation)--€135,900-
Change in cash--€23,562-

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
15-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-03-2023
2020
21-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 143 days late
20-05
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Antwerpen · event 15-05-2020
15-01
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 10-01-2020
2019
31-12
Financial Liquidity quadruplescurrent ratio 1.19
Current ratio from 0.32 to 1.19; short-term debt falls from €835,794 to €117,160.
23-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 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
12 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, Edegem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
9,379 m²
Building footprint
1,759 m²
Volume, LiDAR
8,568 m³
Parcel 11472C0054/00K000, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Roryco
Drie Eikenstraat 661, 2650 EdegemManufacture of computer, electronic and optical products
since 20152.239.036.053
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472C0054/00K000 Flanders 9,379 m² 1 · 1,759 m² 10.7 m · 1 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 LOUIS WOUTERS
JAN VAN RIJSWIJCKLAAN 1-3, 2018 ANTWERPEN 1
09-03-2023 → present

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 6,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded03-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62900Other information technology and computer services
62100Computer programming
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.