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THE BOOZE STORE

Inactive KBO/BCE: BE 0633.899.255 subsidiary of Comizzo BVBA

Information for creditors

Judicial reorganisation Source: Belgian Official Gazette

Opened on 21 February 2020 · extended on 29 September 2020 · moratorium passed on 31 October 2020

Creditor guide for this company

The procedure

Court
Enterprise Court of Ghent, Ghent division
Track
Reorganisation by collective agreement
Docket number
20200005
Moratorium until
31 October 2020 (passed, unless a later judgment extended it)
Creditors' vote
20 October 2020
Delegated judge
Bertil Reunis
Official Gazette
27-02-2020search the document for 2020/108811
Extension
judgment of 29 September 2020, Official Gazette 08-10-2020search the document for 2020/134830

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

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

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

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

Lifetime

4 annual accounts with figures on one time axis
Gross marginpeak €438,628 (2019)
€438,628▲ 71.2%
Resultlowest -€80,685 (2016)
€105,839▲ 101×
Equitypeak €398,523 (2019)
€398,523▲ 36.2%
Debts
€1.2m▲ 71.0%
Staffpeak 2.7 FTE (2019)
2.7 FTE▲ 80.0%
Owners
60%COMIZZO
Documentsfilings and deeds
05-02-20205 days late
2019abbreviated format
Gross margin from €256,272 to €438,628Result from €1,043 to €105,839Staff from 1.5 FTE to 2.7 FTEEquity from €292,684 to €398,523Debts from €708,392 to €1.2mInvestments €181,480

Key points

from the 2019 annual accounts, the last ones filed

Debts

€1.2m 75% of the balance sheet
After one year 14%Within one year 86%

Of this, €1.0m falls due within a year.

Filings

4 annual accounts 3 late
deadline2016201720182019

The 2018 accounts came latest: 77 days after the end of the period.

Final months

291 days from reorganisation to bankruptcy
  • 21-02-2020 reorganisation opened
  • 08-12-2020 declared bankrupt
  • 15-12-2020 published in the Official Gazette
No score

Board and ownership

  • Comizzo BVBA consolidatesscore 50equity -€321,892 (2024) · annual accounts 30-06-2016
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Ghent division · judgment of 18-01-2022 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 08-12-2020 · Bankruptcy
Extension Enterprise Court of Ghent, Ghent division · collective agreement · judgment of 29-09-2020 · Judicial reorganisation
Extension Enterprise Court of Ghent, Ghent division · collective agreement · judgment of 07-07-2020 · Judicial reorganisation
All 15 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 20-07-2015 · bankruptcy closed on 18-01-2022
Activity
No activity registered in the KBO
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2019

Turnover
≈ €1.0mestimated
Total assets
€1.6m
Filing
Filed on 05-02-2020
Financials

Insights on THE BOOZE STORE

On 21 February 2020 the court opened a judicial reorganisation. 291 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THE BOOZE STORE

What is the company number of THE BOOZE STORE?
The company number of THE BOOZE STORE is 0633.899.255. The VAT number is the same number with BE in front: BE 0633.899.255.
What is the legal form of THE BOOZE STORE?
Legal form of THE BOOZE STORE: NV.
Is THE BOOZE STORE still active?
No. THE BOOZE STORE is inactive in the KBO register.Company details
How many employees did THE BOOZE STORE have?
THE BOOZE STORE had an average of 2.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of THE BOOZE STORE?
The turnover in financial year 2019 is ≈ €1.0m. This figure is estimated from the gross margin of €438,628 and 2,281 comparable companies of the same size. It probably lies between €620,000 and €1.8m. It is a rough estimate.
Is THE BOOZE STORE profitable?
In financial year 2019, THE BOOZE STORE made a profit of €105,839.
Where can I find the annual accounts of THE BOOZE STORE?
THE BOOZE STORE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2019.

Next steps

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