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SAWD

Open bankruptcy
Private limited company (pre-2019)founded 2014Diebeke(Sch) 1, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0546.865.907
Summary

A bankruptcy procedure is open for SAWD according to publications in the Belgian Official Gazette. The 2017 annual accounts show equity of €8,170 and a net result of -€10,693.

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SAWDOpen 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
Commercial Court of Ghent, Oudenaarde division
Declared bankrupt
3 July 2018
Supervising judge
Lydia Descamps
Official Gazette
19-09-2018 (pdf) ↗search the document for 2018/137347

Deadlines

Provisional date payments stopped
29 June 2018Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 2 August 2018art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 August 2018Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Appeal or third-party opposition until
passed on 4 October 2018Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
Late claim until
passed on 3 July 2019A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  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, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120
1 site
Size
€500,375total assets 2017
Staff
6 FTE
Equity
€8,170
Loss
-€10,693
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2017 was due by 31-10-2017 and was filed on 31-10-2017, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2017
on the day
2016
on the day
2015
86 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days before the deadline; the sector median (NACE 25) for financial year 2017 is 11 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningCommercial Court of Ghent, Oudenaarde…
  2. OpeningCommercial Court of Ghent, Oudenaarde…
  3. Annual accounts filedfinancial year 2017 · abbreviated…

Key points

  • Risk: Declared bankrupttrustee: Ilse Van Royen 03-07-2018 View
  • Total assets 20173 financial years filed €500,375 View

By topic

Financials

Financial year
2017
Total assets
€500,375
Loss
-€10,693
Solvency
1.6%
Total assets▼ 11.0%
Net result
20152017
Go to Financials

Timeline

Events
6
Since
2015
  1. 31-10-2016Annual accounts filed
  2. 31-03-2016Weakest financial year
  3. 06-08-2015Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
25-02-2014
Year ends
31-03
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Are there other customers at risk in your own list?Process a list How is the manufacture of fabricated metal products, except machinery and equipment sector doing?Sector figures

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

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