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SEVENSTRINGS

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0740.923.810

A bankruptcy procedure is open for SEVENSTRINGS according to publications in the Belgian State Gazette; curator: DELPHINE CLOET.

Summary

The 2022 annual accounts show equity of €174 and a net result of -€115.

SEVENSTRINGSOpen bankruptcy

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 Ghent, Kortrijk division
Declared bankrupt
15 September 2026
Supervising judge
Johan Veys
Official Gazette
21-09-2026 (pdf) ↗search the document for 2026/138551

Curator

  • Delphine CloetGuido Gezellestraat 10, 8790 Waregemdelphine@w-advocaten.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.

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

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 8 January 2020, SEVENSTRINGS was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2022.2 The company was declared bankrupt on 15 September 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 21-09-2026

Go further with this company

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

Financials · fiscal year 2022, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€115▲ 93.3%
2021 · -€1,711
Working capital
€174▼ 39.7%
2021 · €289
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
Line20212022
Operating result-€1,702--€115▲ 93.2%
Net result-€1,711--€115▲ 93.3%
Equity€289-€174▼ 39.7%
Total assets€400-€400=
Debt€111-€226▲ 104%
Working capital€289-€174▼ 39.7%
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2021: -€1,702-€1,702Net result 2021: -€1,711-€1,711Operating result 2022: -€115-€115Net result 2022: -€115-€11520212022-€2,000-€1,500-€1,000-€500€0Operating result 2021: -€1,702-€1,700Net result 2021: -€1,711-€1,710Operating result 2022: -€115-€115Net result 2022: -€115-€11520212022
The operating result stays negative: a loss of €115 in 2022 against €1,702 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €400
Equity €174 ▼ 39.7%
Debt €226 ▲ 104%
Debt's share of the balance-sheet total rises from 27.8% to 56.5%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€226▲
2021 · €111
Ratios withheld: a balance sheet total of €400 is too small for a meaningful ratio.
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 · 2022 against 2021 · 24 lines
Balance sheet Code20212022
Assets
Total assets20/58€400€400=
Current assets29/58€400€400=
Current investments50/53€400-
Cash at bank and in hand54/58-€400
Equity and liabilities
Total equity and liabilities10/49€400€400=
Equity10/15€289€174▼
Contributions10/11€2,000€2,000=
Outside capital11€2,000-
Other1109/19€2,000-
Profit (loss) carried forward14-€1,711-€1,826▼
Amounts payable17/49€111€226▲
Amounts payable within one year42/48€111€226▲
Trade debts44€111€226▲
Suppliers440/4€111€226▲
Income statement Code20212022
Other operating charges640/8€458€115▼
Gross operating margin9900-€1,244-
Operating profit (loss)9901-€1,702-€115▲
Financial charges65/66B€9-
Recurring financial charges65€9-
Profit (loss) for the period before taxes9903-€1,711-€115▲
Profit (loss) for the period9904-€1,711-€115▲
Profit (loss) for the period to be appropriated9905-€1,711-€115▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,711-€1,826▼
Profit (loss) brought forward from the previous period14P--€1,711

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Other operating charges640/8€458€115▼ 74.9%
Gross operating margin9900-€1,244--
Operating profit (loss)9901-€1,702-€115▲ 93.2%
Financial charges65/66B€9--
Recurring financial charges65€9--
Profit (loss) for the period before taxes9903-€1,711-€115▲ 93.3%
Profit (loss) for the period9904-€1,711-€115▲ 93.3%
Profit (loss) for the period to be appropriated9905-€1,711-€115▲ 93.3%
Line20212022Change
Assets
Total assets20/58€400€400=
Current assets29/58€400€400=
Current investments50/53€400--
Cash at bank and in hand54/58-€400-
Equity and liabilities
Total equity and liabilities10/49€400€400=
Equity10/15€289€174▼ 39.7%
Contributions10/11€2,000€2,000=
Outside capital11€2,000--
Other1109/19€2,000--
Profit (loss) carried forward14-€1,711-€1,826▼ 6.7%
Amounts payable17/49€111€226▲ 104%
Amounts payable within one year42/48€111€226▲ 104%
Trade debts44€111€226▲ 104%
Suppliers440/4€111€226▲ 104%
Line20212022Change
Profit (loss) for the period9904-€1,711-€115▲ 93.3%
Operating cash flow (approximation)-€1,711-€115▲ 93.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
21-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 15-09-2026
26-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 910 days late
2022
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Waregem
exact location from the address register On OpenStreetMap
Ground area
677 m²
Building footprint
236 m²
Volume, LiDAR
1,122 m³
Parcel 34452B0827/03D014, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B0827/03D014 Flanders 677 m² 1 · 236 m² 8.8 m · 2 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 DELPHINE CLOET
GUIDO GEZELLESTRAAT 10, 8790 WAREGEM
15-09-2026 → present

Identification & contact

Identification
Legal formPrivate limited company
Founded08-01-2020
Fiscal year end31-12

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