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Switch Holding

Open bankruptcy
Public limited companyfounded 2020KBO/BCE: BE 0745.681.461

A bankruptcy procedure is open for Switch Holding according to publications in the Belgian Official Gazette; trustee: Paul Van Rompaey.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €745,178 and a net result of -€26,590.

Switch HoldingOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
5 September 2023
Supervising judge
Bart Purnal
Official Gazette
11-09-2023 (pdf) ↗search the document for 2023/133148

Deadlines

Provisional date payments stopped
5 September 2023Moved back by judgment of 10 January 2025. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 26 September 2023Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 5 October 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 11 October 2023Reclaim 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
Late claim until
passed on 5 September 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file 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
Wholesale of information and communication equipment
NACE 46500
7 sites
Size
€82.0mturnover 2021
Staff
179 FTE
Equity
€745,178
Loss
-€26,590
Financial health
Open bankruptcy: no score
Structure
Parent
SKF Group SARL · 100%
4 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2021 accounts filed 3 days lateAdministrative warnings in the KBO publicationsShow the evidence

Signals

Three signals.
raises risk
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
raises risk · 2021 accounts filed 3 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 03-08-2022, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2022
not filed
2021
3 days late
2020
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 4 days before the deadline; the sector median (NACE 46) for financial year 2022 is 3 days before the deadline, and 42% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Date of cessation of payments moved…Enterprise Court of Brussels ·…
  2. Address struckde Meeûssquare 35 L’adresse du…
  3. OpeningEnterprise Court of Brussels ·…

Key points

  • Risk: Declared bankrupttrustee: Paul Van Rompaey 05-09-2023 View
  • Controlled by SKF Group SARL 100% View
  • Caution: From profit to loss in 2021after €671,768 in 2020 -€26,590 View

By topic

Financials

Financial year
2021
Turnover
€82.0m
Loss
-€26,590
Solvency
4.0%
Turnover▲ 33.9%
Net result
20202021
Go to Financials

Timeline

Events
5
Since
2021
  1. 03-08-2022Annual accounts filed
  2. 20-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Public limited company
Activity
Wholesale of information and communication equipmentNACE 46500
Founded
27-03-2020
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

Key facts about Switch Holding

What is the company number of Switch Holding?
0745.681.461. In Belgium the VAT number is the company number with BE in front: BE 0745.681.461.
What does Switch Holding do?
According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
What is the legal form of Switch Holding?
Public limited company (NV).
When was Switch Holding founded?
On 27-03-2020.
Is Switch Holding still active?
A bankruptcy is running: a bankruptcy trustee manages the company.Company details
How many employees did Switch Holding have?
On average 179 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Switch Holding?
€82.0m in financial year 2021, according to the filed annual accounts.
Is Switch Holding profitable?
In financial year 2021, Switch Holding made a loss of €26,590.
Where can I find the annual accounts of Switch Holding?
Switch Holding filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

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