SEE PROJECTS
Open bankruptcyA bankruptcy procedure is open for SEE PROJECTS according to publications in the Belgian State Gazette; curator: Mr DEKEYZER HUGO.
Summary
The 2013 annual accounts show negative equity (-€112,221) and a net result of -€54,670.
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, Ostend division
- Declared bankrupt
- 8 May 2015
- Official Gazette
- 18-05-2015 (pdf) ↗search the document for 2015/104552
Deadlines
- Provisional date payments stopped
- 8 May 2015A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 June 2015Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 7 June 2015art. XX.104 and XX.155 CEL
- First verification report
- passed on 18 June 2015Goods 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 8 May 2016Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr Dekeyzer HugoTorhoutsesteenweg 266, 8210 Zedelgem
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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2013 was due by 30-04-2014 and was filed on 27-05-2014, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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?Addresses Are there other customers at risk in your own list?List enrichment How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2013, abbreviated schema
Turnover
€200,641
EBIT margin
-33.5%
Net result
-€54,670▲ 29.5%
2012 · -€77,551
Working capital
€44,477
2012 · -€3,844
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
Line20122013
Turnover€200,641-
Operating result-€67,146--€47,857▲ 28.7%
Net result-€77,551--€54,670▲ 29.5%
EBIT margin-33.5%-
Equity-€57,551--€112,221▼ 95.0%
Total assets€161,957-€231,146▲ 42.7%
Debt€219,508-€343,366▲ 56.4%
Working capital-€3,844-€44,477
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47,857 in 2013 against €67,146 in 2012; the loss shrinks.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €231,146
Fixed assets
€84,596 ▲ 4.3%
Current assets
€146,549 ▲ 81.2%
Key figures and ratios
EBITDA
-€43,883▲
2012 · -€61,897
Cash flow
-€50,696▲
2012 · -€72,302
Solvency
-48.5%▼
2012 · -35.5%
Current ratio
1.44▲
2012 · 0.95
Quick ratio
0.71▲
2012 · 0.53
Debt to equity
-2.15▲
2012 · -2.34
ROA
-23.7%▲
2012 · -47.9%
Debt ≤ 1 year
€102,072▲
2012 · €84,731
Debt > 1 year
€241,295▲
2012 · €134,777
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | Change |
|---|---|---|---|
| Turnover70 | €200,641 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,249 | €3,974 | ▼ 24.3% |
| Gross operating margin9900 | -€59,186 | -€42,356 | ▲ 28.4% |
| Operating profit (loss)9901 | -€67,146 | -€47,857 | ▲ 28.7% |
| Recurring financial income75 | €21 | €104 | ▲ 388% |
| Recurring financial charges65 | €10,427 | €6,917 | ▼ 33.7% |
| Profit (loss) for the period before taxes9903 | -€77,551 | -€54,670 | ▲ 29.5% |
| Profit (loss) for the period9904 | -€77,551 | -€54,670 | ▲ 29.5% |
| Profit (loss) for the period to be appropriated9905 | -€77,551 | -€54,670 | ▲ 29.5% |
| Line | 2012 | 2013 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €161,957 | €231,146 | ▲ 42.7% |
| Fixed assets21/28 | €81,071 | €84,596 | ▲ 4.3% |
| Tangible fixed assets22/27 | €81,071 | €77,096 | ▼ 4.9% |
| Financial fixed assets28 | - | €7,500 | - |
| Current assets29/58 | €80,887 | €146,549 | ▲ 81.2% |
| Stocks and contracts in progress3 | €35,570 | €73,743 | ▲ 107% |
| Amounts receivable within one year40/41 | €24,678 | €72,716 | ▲ 195% |
| Cash at bank and in hand54/58 | €20,639 | €90 | ▼ 99.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €161,957 | €231,146 | ▲ 42.7% |
| Equity10/15 | -€57,551 | -€112,221 | ▼ 95.0% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€77,551 | -€132,221 | ▼ 70.5% |
| Amounts payable17/49 | €219,508 | €343,366 | ▲ 56.4% |
| Amounts payable after more than one year17 | €134,777 | €241,295 | ▲ 79.0% |
| Amounts payable within one year42/48 | €84,731 | €102,072 | ▲ 20.5% |
| Trade debts44 | €10,689 | €54,511 | ▲ 410% |
| Line | 2012 | 2013 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€77,551 | -€54,670 | ▲ 29.5% |
| + Depreciation and write-downs630 | €5,249 | €3,974 | ▼ 24.3% |
| Operating cash flow (approximation) | -€72,302 | -€50,696 | ▲ 29.9% |
| Investment in fixed assets (approximation) | - | -€7,500 | - |
| Change in cash | - | -€20,549 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2015
18-05
Bankruptcy
Opening
Rechtbank van koophandel Gent, afdeling Oostende · event 08-05-2015
2014
27-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
26-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 2011
Ground area
58 m²
Building footprint
80 m²
Volume, LiDAR
748 m³
Parcel 35383C0435/00E030, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
See Projects
since 20112.196.242.821
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35383C0435/00E030 | Flanders | 58 m² | 1 · 80 m² | 12.6 m · 4 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 | Mr DEKEYZER HUGO Torhoutsesteenweg 266, 8210 ZEDELGEM |
08-05-2015 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-2011
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
73300Public relations and communication consultancy
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.