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TRADE ON LINE

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0696.825.729

A bankruptcy procedure is open for TRADE ON LINE according to publications in the Belgian Official Gazette; trustee: Olivier Mercier.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€290,859) and a net result of -€463,927.

TRADE ON LINEOpen 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 Hainaut, Tournai division
Declared bankrupt
6 June 2023
Supervising judge
Bernard Cornelus
Official Gazette
13-06-2023 (pdf) ↗search the document for 2023/123374

Deadlines

Provisional date payments stopped
6 June 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 28 June 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 6 July 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 27 July 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 6 June 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
Non-specialised wholesale
NACE 46392
1 site
Size
€595,175total assets 2022
Staff
0.8 FTE
Equity
-€290,859
Loss
-€463,927
Financial health
Open bankruptcy: no score
Structure
Parent
FM HOLDING · 100%
2 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2022 accounts filed 14 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 · 2022 accounts filed 14 days late
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 14-02-2023, 14 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 · 4 filings
Deviation from the deadline
2022
14 days late
2021
24 days early
2020
87 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 37 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. Address struckevent 18-04-2024
  2. OpeningEnterprise Court of Hainaut, Tournai…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: Declared bankrupttrustee: Olivier Mercier 06-06-2023 View
  • Caution: From profit to loss in 2022after €156,090 in 2021 -€463,927 View
  • Controlled by FM HOLDING 100% View

By topic

Financials

Financial year
2022
Total assets
€595,175
Loss
-€463,927
Solvency
-48.9%
Total assets▼ 26.9%
Net result
20192022
Go to Financials

Timeline

Events
10
Since
2019
  1. 30-06-2022Weakest financial year
  2. 07-01-2022Annual accounts filed
  3. 30-06-2021Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Non-specialised wholesaleNACE 46392
Founded
28-05-2018
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about TRADE ON LINE

What is the company number of TRADE ON LINE?
0696.825.729. In Belgium the VAT number is the company number with BE in front: BE 0696.825.729.
What does TRADE ON LINE do?
According to the KBO register, the main activity is non-specialised wholesale (NACE 46392).
What is the legal form of TRADE ON LINE?
Private limited company (pre-2019) (BVBA).
When was TRADE ON LINE founded?
On 28-05-2018.
Is TRADE ON LINE still active?
A bankruptcy is running: a bankruptcy trustee manages the company.Company details
How many employees did TRADE ON LINE have?
On average 0.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of TRADE ON LINE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TRADE ON LINE profitable?
In financial year 2022, TRADE ON LINE made a loss of €463,927.
Where can I find the annual accounts of TRADE ON LINE?
TRADE ON LINE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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