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S-NETWORK

Open bankruptcy
Private limited company (pre-2019)founded 2010Rue Cloquet 2, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0824.710.430

A bankruptcy procedure is open for S-NETWORK according to publications in the Belgian State Gazette; curator: ELEONORE WESTERLINCK.

Summary

The 2018 annual accounts show negative equity (-€22,297) and a net result of -€44,732.

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S-NETWORKOpen 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
3 February 2020
Supervising judge
Catherine Collet
Official Gazette
10-02-2020 (pdf) ↗search the document for 2020/105748

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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. Full guide for creditors

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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

S-NETWORK was incorporated on 6 April 2010.1 The company has filed 9 sets of annual accounts, the latest for fiscal year 2018.2 On 3 February 2020 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018
  3. 3Belgian State Gazette, 10-02-2020

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 Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Computer programming sector doing?Sector figures

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

Financials · fiscal year 2018, micro schema

Equity
-€22,297
Total assets
€82,326
Net result
-€44,732
Working capital
-€14,795

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €82,326
Fixed assets €29,497
Current assets €52,829
Key figures and ratios
2018 value
EBITDA
-€31,336
Cash flow
-€33,901
Solvency
-27.1%
Current ratio
0.78
Debt to equity
-1.66
ROA
-54.3%
Debt
€104,623
Debt ≤ 1 year
€67,623
Debt > 1 year
€37,000
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 23 lines
Balance sheet Code2018
Assets
Total assets20/58€82,326
Fixed assets21/28€29,497
Tangible fixed assets22/27€27,301
Financial fixed assets28€2,196
Current assets29/58€52,829
Amounts receivable within one year40/41€50,528
Cash at bank and in hand54/58€1,095
Equity and liabilities
Total equity and liabilities10/49€82,326
Equity10/15-€22,297
Contributions10/11€18,600
Profit (loss) carried forward14-€40,897
Amounts payable17/49€104,623
Amounts payable after more than one year17€37,000
Amounts payable within one year42/48€67,623
Trade debts44€19,970
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,831
Gross operating margin9900€105,587
Operating profit (loss)9901-€42,167
Recurring financial income75€55
Recurring financial charges65€2,621
Profit (loss) for the period before taxes9903-€44,732
Profit (loss) for the period9904-€44,732
Profit (loss) for the period to be appropriated9905-€44,732
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,831
Gross operating margin9900€105,587
Operating profit (loss)9901-€42,167
Recurring financial income75€55
Recurring financial charges65€2,621
Profit (loss) for the period before taxes9903-€44,732
Profit (loss) for the period9904-€44,732
Profit (loss) for the period to be appropriated9905-€44,732
Line2018
Assets
Total assets20/58€82,326
Fixed assets21/28€29,497
Tangible fixed assets22/27€27,301
Financial fixed assets28€2,196
Current assets29/58€52,829
Amounts receivable within one year40/41€50,528
Cash at bank and in hand54/58€1,095
Equity and liabilities
Total equity and liabilities10/49€82,326
Equity10/15-€22,297
Contributions10/11€18,600
Profit (loss) carried forward14-€40,897
Amounts payable17/49€104,623
Amounts payable after more than one year17€37,000
Amounts payable within one year42/48€67,623
Trade debts44€19,970
Line2018
Profit (loss) for the period9904-€44,732
+ Depreciation and write-downs630€10,831
Operating cash flow (approximation)-€33,901

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

2020
10-02
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 03-02-2020
2019
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
27-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 211 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
31-10
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 92 days late
2013
23-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 23 days late
2012
22-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 22 days late
13-02
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 197 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, Braine-l'Alleud · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
1,754 m²
Building footprint
954 m²
Volume, LiDAR
5,323 m³
2 parcels, Wallonia · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
S-NETWORK
Avenue des Pâquerettes 55, 1410 WaterlooRetail trade
since 20102.188.419.374
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25762F0043/00T003 Wallonia 1,433 m² 1 · 832 m² 6.3 m · 2 fl.
25744E0778/00B000 Wallonia 321 m² 1 · 121 m² 15.3 m · 4 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 ELEONORE WESTERLINCK
RUE DE SAINT GHIS- LAIN 11, 1348 LOUVAIN-LA-NEUVE
 03-02-2020 → present

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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 5,965 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)
Founded06-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
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 27 September 2026 · Peppol Directory

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

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