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SDV

In bankruptcy Private limited company (pre-2019)founded 1986Deinzestraat 64, 9700 OudenaardeKBO/BCE: BE 0429.201.541 subsidiary of ARTMA

Overview

Information for creditors

Enterprise Court of Ghent, Oudenaarde division · Official Gazette of 20-03-2026
Appeal or third-party opposition 04-04-2026Filing the claim in RegSol 11-04-2026First verification report 23-04-2026Late claim until 12-03-2027
Steps, deadlines and articles of law

The procedure

Supervising judge
Annie De Wilde
Official Gazette
20-03-2026search the document for 2026/112316

Deadlines

Provisional date payments stopped
12 March 2026A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition
passed on 4 April 2026art. XX.108, Code of Economic Law
Filing the claim in RegSol
passed on 11 April 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 23 April 2026art. XX.104 and XX.194, Code of Economic Law
Late claim until
12 March 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Steps for a creditor

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. The ordinary term has passed. File a late claim in RegSol (regsol.be) until 12 March 2027, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
  4. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
  5. 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.

If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.

Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.

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Lifetime

14 annual accounts with figures on one time axis, 35 filings since 1987
peak €65,346 (2012)
€14,302▼ 20.4%
lowest -€19,414 (2022)
-€19,414▼ €15,038
peak €3,393 (2017)
-€42,312▼ €19,414
€235,352▲ 10.8%
peak 0.6 FTE (2011)
-not published
Board1 name since 2021
1 directorDe Vos Thierry
Owners
98.98%ARTMA
Documentsfilings and deeds
19-06-202342 days before the deadline
2022micro format
Gross margin from €17,964 to €14,302Loss of €19,414Equity from -€22,899 to -€42,312

Key points

from the 2022 annual accounts, the last ones filed

Losses

-€114,902 in nine years
20142015201620172018201920202021-19,4142022

Every financial year from 2014 to 2022 closed with a loss. 2022 was the heaviest.

Debts

€235,352 122% of the balance sheet
Financial debts 92%Suppliers 6%Other 2%

Of this, €232,811 falls due within a year.

Filings

35 annual accounts 36 filings since 1987
AprilJune31 JulyOctober1990200020102020

Four of the last ten came late. The 2019 accounts came latest: 110 days after the end of the period.

No score

Board and ownership

DV
De Vos Thierry
Director
  • ARTMA 98.98%bankruptequity -€125,887 (2023) · 30-06-2023 annual accounts of ARTMA
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Ghent, Oudenaarde division · judgment of 12-03-2026 · Bankruptcy
Registered office moved within Oudenaarde New registered office: Deinzestraat 64 bus 1, 9700 Oudenaarde · Previous registered office: Burgschelde 20- 9700 Oudenaarde · General meeting of 30-04-2024 · Gazette deed
Registered office moved within Oudenaarde New registered office: Burgscheldestraat 20, 9700 Oudenaarde · Previous registered office: Deinzestraat 65, 9700 Oudenaarde · General meeting of 30-09-2019 · Gazette deed
First establishment SPIERS, Deinzestraat 64, Oudenaarde
All 44 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 12-03-2026
Activity
No activity registered in the KBO
Establishment unit
2.035.335.1629700 Oudenaarde, since 20-08-1986
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€14,302▼ 20.4%
≈ €110,000estimated
€19,414▲ 344%
-€42,312▼ 84.8%
€193,040▲ 1.8%
Filing
Filed on 19-06-2023
Financials

Insights on SDV

Equity fell from €3,393 in 2017 to -€42,312 in 2022, while debts rose from €234,677 to €235,352.

On 12 March 2026 the court declared SDV bankrupt. Parent company ARTMA is bankrupt too.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

micro format, filed on 19-06-2023, 42 days before the deadline
€14,302
▼ 20.4%
-€21
▼ €4,372
-€19,414
▼ €15,038
-€217,450
▼ €143,823
-21.9%
▼ 9.8 percentage points
0.07
▲ 0.05

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €50,000 and €260,000.

Balance sheet

balance sheet total €193,040 on 31-12-2022
What the company ownsHow it is paid for

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20222021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 193,040189,587201,730211,781225,807238,070265,748286,334300,028314,439374,376363,244362,987363,250
21/28 177,678188,627199,784211,568223,653237,816262,608276,775290,942303,440317,440323,083336,362345,273
22/27 177,678188,627199,784211,568223,653237,816262,608276,775290,942303,440317,440323,083336,362345,273
22 177,678188,627199,784211,568223,653237,816262,608276,775290,942303,440317,440323,083336,247344,695
23 ------------115259
24 -------------319
29/58 15,3619601,9462132,1542543,1409,5599,08610,99956,93640,16126,62417,977
3 ----------3,0073,0073,0073,007
30/36 ----------3,0073,0073,0073,007
40/41 15,285------8,3167,60410,34652,28934,71519,30414,276
40 ---------3,13445,51124,1539,2334,408
41 15,285------8,3167,6047,2126,77810,56210,0729,868
54/58 -9601,0162132,1542541,6428552133041,2071,8662,820288
490/1 76-930---1,4983871,2693504345731,493406
Balance sheet: equity and liabilities
10/49 193,040189,587201,730211,781225,807238,070265,748286,334300,028314,439374,376363,244362,987363,250
10/15 -42,312-22,899-18,523-14,314-7,6203,393-59,482-43,204-24,626-5,635-6,208-15,748-23,206-23,859
10/11 18,61518,61518,61518,61518,61518,61518,60018,60018,60018,60018,60018,60018,60018,600
100 ---18,61518,61518,61518,60018,60018,60018,60018,60018,60018,60018,600
13 128128128128128128128128128128128128128127
130/1 128128128-----------
130 ---128128128128128128128128128128127
1311 128128128-----------
14 -61,055-41,641-37,266-33,056-26,362-15,349-78,210-61,931-43,354-24,363-24,936-34,476-41,933-42,586
17/49 235,352212,486220,253226,094233,427234,677325,231329,538324,655320,074380,584378,992386,192387,109
17 -126,719145,420163,163179,998195,970221,980235,802250,582265,173279,046284,368294,996305,080
170/4 -126,719145,420163,163179,998195,970221,980235,802250,582265,173279,046284,368294,996305,080
42/48 232,81174,58768,03358,53349,03136,46895,74887,71369,04147,41195,51891,00787,26674,334
42 -18,70117,74316,83515,97315,15513,82314,78014,59113,87413,19310,62810,0849,567
43 217,394-------------
430/8 217,394-------------
44 13,55013,8759,3506,1213,3235941,1133,8672,7768,22917,06616,86416,74019,582
440/4 13,55013,8759,3506,1213,3235941,1133,8672,7768,22917,06616,86416,74019,582
45 ------1,0421,0421,0428,3956,3667,18110,513794
450/3 ------1,0421,0421,0424,6892,2563,2667,464794
454/9 ---------3,7064,1103,9153,048-
47/48 1,86642,01240,94035,57729,73520,72079,77068,02550,63316,91358,89456,33449,92944,391
492/3 2,54111,1796,8004,3984,3982,2397,5036,0225,0327,4906,0203,6173,9317,695
Income statement
76A -----------10--
9900 14,30217,96417,67517,02915,6296,43214,31413,08312,39261,31865,34662,06748,8705,857
62 --------2723,31122,35221,32715,810-
630 10,94811,15711,78412,08514,16410,62514,16714,16714,16714,00014,00013,28013,30811,830
631/4 ----------6,014----
640/8 3,3752,4569061,3781,3201,5231,5361,3852,8232,1361,4661,3431,5751,553
66A ---------9,021--319-
9901 -214,3514,9853,567145-5,716-1,388-2,469-4,62627,88527,52926,11718,177-7,526
75/76B 2,988------3871,679350435518520406
75 2,988------3871,679350435518520406
65/66B 22,3808,7269,19410,26111,1589,63314,89016,49616,04418,34618,26319,18817,72611,518
65 22,3808,7269,19410,26111,1589,63314,89016,49616,04418,34618,26319,18817,72611,518
9903 -19,414-4,375-4,210-6,694-11,013-15,349-16,279-18,577-18,9918689,7017,457653-18,638
67/77 ---------295161---
9904 -19,414-4,375-4,210-6,694-11,013-15,349-16,279-18,577-18,9915739,5407,457653-18,638
9905 -19,414-4,375-4,210-6,694-11,013-15,349-16,279-18,577-18,9915739,5407,457653-18,638
Appropriation of the result
9906 -61,055-41,641-37,266-33,056-26,362-109,015-78,210-61,931-43,354-24,363-24,936-34,476-41,933-42,586
14P -41,641-37,266------------
791/2 -----93,665--------
Social balance sheet
9087 ---------0.60.60.60.4-
Hours worked1013 ---------1,0401,0911,136815-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 21 older financial years (1987-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 19-06-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2022 micro format 19-06-2023 2023-00141134 PDF
31-12-2021 micro format 17-10-2022 2022-20468503 PDF
31-12-2020 micro format 23-08-2021 2021-51500543 PDF
31-12-2019 micro format 18-11-2020 2020-70900191 PDF
31-12-2018 micro format 21-06-2019 2019-20800470 PDF
31-12-2017 micro format 20-07-2018 2018-35400467 PDF
31-03-2017 abbreviated format 26-06-2017 2017-21000338 PDF
31-03-2016 abbreviated format 20-09-2016 2016-60300199 PDF
31-03-2015 abbreviated format 21-09-2015 2015-59100351 PDF
31-03-2014 abbreviated format 30-09-2014 2014-62100214 PDF
31-03-2013 abbreviated format 25-11-2013 2013-66600579 PDF
31-03-2012 abbreviated format 29-11-2012 2012-65200101 PDF
31-03-2011 abbreviated format 31-10-2011 2011-59400052 PDF
31-03-2010 abbreviated format 26-10-2010 2010-59200172 PDF
31-03-2009 abbreviated format 02-12-2009 2009-87700110 PDF
30-06-2007 abbreviated format 17-12-2007 2007-82600311 PDF
30-06-2006 abbreviated format 08-01-2007 2007-00100149 PDF
30-06-2005 abbreviated format 28-12-2005 2005-91500082 PDF
30-06-2004 abbreviated format 18-01-2005 2005-01700034 PDF
30-06-2003 abbreviated format 20-01-2004 2004-01500225 PDF
30-06-2002 abbreviated format 30-12-2002 2002-78600161 PDF
30-06-2001 abbreviated format 21-12-2001 2001-77100034 PDF
30-06-2000 abbreviated format 21-05-2001 2001-13100243 PDF
30-06-1999 abbreviated format 10-12-1999 1999-62304613 PDF
30-06-1998 abbreviated format 18-01-1999 1999-00902829 PDF
30-06-1997 abbreviated format 19-12-1997 1997-56903475 PDF
30-06-1996 abbreviated format 24-12-1996 1996-54504854 PDF
31-07-1995 abbreviated format 05-02-1996 1996-01902525 PDF
31-07-1994 abbreviated format 02-02-1995 1995-01704726 PDF
31-07-1993 abbreviated format 28-01-1994 1994-01601529 PDF
31-07-1992 abbreviated format 26-01-1993 1993-01400464 PDF
31-07-1991 abbreviated format 21-02-1992 1992-02100484 PDF
31-07-1990 abbreviated format 25-07-1991 1991-20403816 PDF
31-07-1989 abbreviated format 08-03-1990 1990-01805413 PDF
31-07-1988 abbreviated format 23-02-1989 1989-01400823 PDF
31-07-1987 abbreviated format 29-01-1988 1988-00705239 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20222021202020192018201720162015201420132012201120102009
10,92715,50816,76915,65214,3094,90912,77911,6989,54141,88541,52939,39731,4854,304
-8,4656,7827,5745,3913,151-4,724-2,112-4,410-4,82414,57323,54020,73713,961-6,808
00000-14,167001,669-08,35714,716356,033
--55803-1,9411,900-1,388787642-91-903-659-9542,532-
-217,450-73,627-66,087-58,320-46,876-36,214-92,608-78,154-59,955-36,412-38,582-50,846-60,641-56,357
-21.9%-12.1%-9.2%-6.8%-3.4%1.4%-22.4%-15.1%-8.2%-1.8%-1.7%-4.3%-6.4%-6.6%
0.070.010.030.000.040.010.030.110.130.230.600.440.310.24
0.070.010.030.000.040.010.030.110.130.230.560.410.270.20
-----69.16--------
------452.4%--------
-10.1%-2.3%-2.1%-3.2%-4.9%-6.4%-6.1%-6.5%-6.3%0.2%2.5%2.1%0.2%-5.1%
0.491.78------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on SDV

The operating result for 2022 is a loss of €21, after a profit of €4,351 in 2021. It is the lowest result since 2017.

Equity is negative. Debt (€235,352) exceeds the balance-sheet total (€193,040).

Board & ownership

Curator

the curator has managed the company since 12-03-2026
Curator, Bruggenhoek 1, 9620 Zottegem
Also on 44 other cases

Last board

1 director
De Vos Thierry
Director
listed in the 2022 annual accounts, filed on 19-06-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
De Vos Thierry
Director
Boardmandate already running before its first mentionBankruptcy 12-03-2026
Mandates as a list
  • De Vos Thierry
    • Director, from before 31-12-2021, until the bankruptcy of 12-03-2026

See the board, name and registered office on a given date →

Control

Parent
Equity -€125,887
Loss €181,935 in 2023
Checked score 1
bankrupt
98.98%
This company
SDV
Equity -€42,312
Loss €19,414 in 2022

Capital

Contribution
€18,614.82
Source
2022 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

Group

ARTMA has 2 direct subsidiaries (accounts to 30-06-2023)
ParentARTMA2 holdings, 1 country accounts to 30-06-2023

Belgium 2 Year Equity Result

  • BE SDV98.98%open bankruptcy 2022-€42,312 result -€19,414 (2022)
  • BE PLAZA GENT99%open bankruptcy 2018-€159,661 result -€241,958 (2018)

Source: list of holdings in the 30-06-2023 accounts of ARTMA. Every holding stands with its own latest accounts.

At the same address

Deinzestraat 64, 9700 Oudenaarde · 3 other companies
Architektenburo MAS
registered office since 09-08-2017 · founded in 2017
1.7 FTE (2025)
0679.704.239
ARTMA
registered office since 10-08-1999 · founded in 1999
2.4 FTE (2023)
0466.429.052
D-CORP
establishment since 12-12-2025 · founded in 2015
0.9 FTE (2025)
0634.999.612

Connections & network

1 last director
Depth

The network starts from the directors of SDV. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

44 events since 1986
2026
Bankruptcy published Enterprise Court of Ghent, Oudenaarde division · judgment of 12-03-2026
2024
Registered office moved within OudenaardeNew registered office: Deinzestraat 64 bus 1, 9700 Oudenaarde · Previous registered office: Burgschelde 20- 9700 Oudenaarde · General meeting of 30-04-20242 points ▸
  • General meeting, 30-04-2024
  • Registered-office move, Deinzestraat 64 bus 1, 9700 Oudenaarde

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 42 days before the deadline
2022
Weakest financial year net -€19,414 The net result drops to -€19,414, the lowest from 2009 to 2022.
Annual accounts 2021 filed PDFmicro format · 78 days late
2021
Annual accounts 2020 filed PDFmicro format · 23 days late
2020
Annual accounts 2019 filed PDFmicro format · 110 days late
2019
Registered office moved within OudenaardeNew registered office: Burgscheldestraat 20, 9700 Oudenaarde · Previous registered office: Deinzestraat 65, 9700 Oudenaarde · General meeting of 30-09-20192 points ▸
  • General meeting, 30-09-2019
  • Registered-office move, Burgscheldestraat 20, 9700 Oudenaarde

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 40 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 11 days before the deadline
2017
Annual accounts 2017 filed PDFabbreviated format · 127 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 41 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 40 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 31 days before the deadline
2013
Annual accounts 2013 filed PDFabbreviated format · 25 days late
2012
Annual accounts 2012 filed PDFabbreviated format · 29 days late
Highest result from 2009 to 2022 net €9,540 ▲27.9% The net result of €9,540 is the highest of those years.
2011
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2010
Annual accounts 2010 filed PDFabbreviated format · 5 days before the deadline
Back to profit net €653 The net result is €653, after one loss-making year.
2009
Annual accounts 2009 filed PDFabbreviated format · 32 days late
2007
Annual accounts 2007 filed PDFabbreviated format · 45 days before the deadline
Annual accounts 2006 filed PDFabbreviated format · 23 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1986
First establishment SPIERS, Deinzestraat 64, Oudenaarde
Incorporation 19 publications in the Belgian Official Gazette, the last on 27-05-2024 · published on 20-08-1986

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 August 1986, SDV was incorporated.1 In 2019 the registered office moved to Oudenaarde.2 Total assets went from €225,807 in 2018 to €193,040 in 2022.3 The company was declared bankrupt on 12 March 2026.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 29-11-2019
  3. 3National Bank, annual accounts 2018 and 2022
  4. 4Belgian Official Gazette, 20-03-2026

Company details

Identity

Enterprise number
0429.201.541
VAT number
BE 0429.201.541
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 12-03-2026
Founded
01-08-1986
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
SDV in Dutch
Entity type
Legal entity

Registered office and establishments

1 establishment
Establishment Since Unit number
SPIERS registered office Deinzestraat 64, 9700 Oudenaarde 47716 Retail sale of clothing and accessories for women, men, children and babies (general range) 20-08-1986 2.035.335.162

Buildings and parcels at the address

Ground area
206 m²
Buildings
188 m²
Volume, LiDAR
1,073 m³
Tallest building
25.9 m
Buildings to scale, each on its own parcel
188 m², 25.9 m 188 m², 25.9 m

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
45508A0373/00T000206 m² 1 · 188 m² 25.9 m · 2