SIDERBA CONTINENTAL

Bankruptcy closed

Public limited companyfounded 2012Victor Gambierstraat 41-43, 1180 Ukkel, BelgiumKBO/BCE: BE 0843.407.872

Summary

SIDERBA CONTINENTAL was declared bankrupt on 26-09-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 21-05-2024, published in the Belgian State Gazette on 29-05-2024. The 2021 annual accounts show negative equity (-€160,541) and a net result of -€162,667.

Watch Report

SIDERBA CONTINENTALBankruptcy closed

Report

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court: French-language Enterprise Court of Brussels
Opened: 10 May 2022
Track: Reorganisation by transfer under court supervision
Docket number: 20220024
Moratorium until: 9 November 2022 (passed; an extension would be in a later judgment)
Delegated judge: Raphael Pieters
Official Gazette: 13-05-2022 (pdf) ↗search the document for 2022/117405

What to do now

Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
A court officer sells the business or part of it; creditors are paid from the proceeds, according to their ranking.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

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

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Activity

Activity not known1 site

Size

€335,428total assets 2021

Staff: 8 FTE
Equity: -€160,541
Loss: -€162,667

Financial health

Bankruptcy closed: no score

Structure

Accounts 1163 d overdue0 of 2 deeds read

Signals- Bankruptcy closed- In judicial reorganisationFiled after the deadlineShow the evidence

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Bankruptcy closed

The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 29-05-2024. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.

Belgian State Gazette

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-08-2022, 18 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 · 10 filings

Deviation from the deadline

2021

18 d late

2020

8 d early

2019

31 d late

2018

30 d late

2017

36 d early

2016

31 d late

2015

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 14 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)

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

29-05-24 Bankruptcy closure (by liquidation)Tribunal de l’entreprise francophone de…
04-10-22 OpeningTribunal de l’entreprise francophone de…
18-08-22 Annual accounts filedfiscal year 2021 · full…

Key points

Risk: In judicial reorganisationcreditors: see the procedure below 10-05-2022 View
Caution: Result fell in 2021from -€94,200 to -€162,667 ▼ 72.7% View
Total assets 20214 fiscal years filed €335,428 View