The Next Generation
Open bankruptcyA bankruptcy procedure is open for The Next Generation according to publications in the Belgian State Gazette; curator: JO DECRAEYE.
Summary
The 2024 annual accounts show negative equity (-€262,329) and a net result of -€292,329.
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, Oudenaarde division
- Declared bankrupt
- 11 December 2025
- Official Gazette
- 14-01-2026 (pdf) ↗search the document for 2026/101018
Deadlines
- Provisional date payments stopped
- 11 December 2025A later judgment can change the date.art. XX.105 CEL
- File the claim in RegSol until
- passed on 10 January 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Appeal or third-party opposition until
- passed on 29 January 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- 11 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jo DecraeyeEdelareberg 24, 9700 Oudenaardeinfo@de3advocaten.be
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
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2023, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 04-04-2025, 26 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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?Process a list How is the Organisation of conventions and trade shows sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€262,329
Total assets
€148,550
Net result
-€292,329
Working capital
-€310,084
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €148,550
Fixed assets
€52,623
Current assets
€95,927
Key figures and ratios
EBITDA
-€286,010
Cash flow
-€287,452
Solvency
-176.6%
Current ratio
0.24
Debt to equity
-1.57
ROA
-196.8%
Interest coverage
-198.43
Debt
€410,879
Debt ≤ 1 year
€406,011
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,877 |
| Other operating charges640/8 | €21,434 |
| Gross operating margin9900 | -€264,576 |
| Operating profit (loss)9901 | -€290,887 |
| Financial charges65/66B | €1,441 |
| Recurring financial charges65 | €1,441 |
| Profit (loss) for the period before taxes9903 | -€292,329 |
| Profit (loss) for the period9904 | -€292,329 |
| Profit (loss) for the period to be appropriated9905 | -€292,329 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €148,550 | |
| Fixed assets21/28 | €52,623 | |
| Intangible fixed assets21 | €45,123 | |
| Financial fixed assets28 | €7,500 | |
| Current assets29/58 | €95,927 | |
| Amounts receivable within one year40/41 | €58,280 | |
| Trade receivables40 | €14,323 | |
| Other amounts receivable41 | €43,957 | |
| Cash at bank and in hand54/58 | €37,648 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €148,550 | |
| Equity10/15 | -€262,329 | |
| Contributions10/11 | €30,000 | |
| Profit (loss) carried forward14 | -€292,329 | |
| Amounts payable17/49 | €410,879 | |
| Amounts payable within one year42/48 | €406,011 | |
| Trade debts44 | €364,011 | |
| Suppliers440/4 | €364,011 | |
| Other amounts payable47/48 | €42,000 | |
| Accrued charges and deferred income492/3 | €4,868 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€292,329 |
| + Depreciation and write-downs630 | €4,877 |
| Operating cash flow (approximation) | -€287,452 |
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
2026
14-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 11-12-2025
2025
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Herzele · 1 establishment unit since 2023
Ground area
1,225 m²
Building footprint
442 m²
Volume, LiDAR
1,954 m³
Parcel 41028B0407/00E000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
The Next Generation
since 20232.350.515.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41028B0407/00E000 | Flanders | 1,224 m² | 1 · 442 m² | 8.8 m · 1 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 | JO DECRAEYE EDELAREBERG 24, 9700 OUDENAARDE- |
11-12-2025 → present |
Similar companies · same sector and region
Elan Events
BE 1025.101.740
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Python Events
BE 1005.349.966
Herzele
SCIENTIFIC SUMMITS
BE 0645.826.493
Herzele
ACT EVENTS
BE 0470.251.842
Gent
AGRIFLORA
BE 0461.573.411
Gent
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 4,576 companies in sector 82300 we hold annual accounts for 1,673. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2023
Fiscal year end30-09
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:1000615673
Also
9925:BE1000615673
Registered
30-10-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.