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VALETTA

Open bankruptcy
Private limited company (pre-2019)founded 2011Aardenburgkalseide 254, 9990 Maldegem, BelgiumKBO/BCE: BE 0834.339.956

A bankruptcy procedure is open for VALETTA according to publications in the Belgian State Gazette; curator: PIETER HUYGHE.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2018 annual accounts show equity of €23,207 and a net result of €11,968.

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, Ghent division
Declared bankrupt
11 February 2020
Supervising judge
Stefaan Vandenberghe
Official Gazette
17-02-2020 (pdf) ↗search the document for 2020/107026

Deadlines

Provisional date payments stopped
11 February 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 March 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 March 2020art. XX.104 and XX.155 CEL
First verification report
passed on 17 March 2020Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 11 February 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pieter HuygheSavaanstraat 72, 9000 Gentpieterhuyghe@kantoortorrekens.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 29-05-2019, 63 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 2 March 2011, VALETTA was incorporated.1 The company has filed 7 sets of annual accounts, the latest for fiscal year 2018.2 The company was declared bankrupt on 11 February 2020.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018
  3. 3Belgian State Gazette, 17-02-2020

Go further with this company

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

Financials · fiscal year 2018, micro schema

Turnover
€908,842
EBIT margin
3.2%
Net result
€11,968
Working capital
-€32,793

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €272,401
Fixed assets €56,000
Current assets €216,401
Equity and liabilities €272,401
Equity €23,207
Debt €249,194
Debt finances 91.5% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€35,919
Cash flow
€18,968
Current ratio
0.87
ROE
51.6%
ROA
4.4%
Debt ≤ 1 year
€249,194
Income taxes
€15,441
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 23 lines
Balance sheet Code2018
Assets
Total assets20/58€272,401
Fixed assets21/28€56,000
Tangible fixed assets22/27€56,000
Current assets29/58€216,401
Amounts receivable within one year40/41€216,209
Cash at bank and in hand54/58€193
Equity and liabilities
Total equity and liabilities10/49€272,401
Equity10/15€23,207
Contributions10/11€20,000
Reserves13€3,207
Amounts payable17/49€249,194
Amounts payable within one year42/48€249,194
Trade debts44€5,225
Income statement Code2018
Turnover70€908,842
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,000
Gross operating margin9900€588,281
Operating profit (loss)9901€28,919
Recurring financial income75€0
Recurring financial charges65€1,510
Profit (loss) for the period before taxes9903€27,408
Income taxes67/77€15,441
Profit (loss) for the period9904€11,968
Profit (loss) for the period to be appropriated9905€11,968
Line2018
Turnover70€908,842
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,000
Gross operating margin9900€588,281
Operating profit (loss)9901€28,919
Recurring financial income75€0
Recurring financial charges65€1,510
Profit (loss) for the period before taxes9903€27,408
Income taxes67/77€15,441
Profit (loss) for the period9904€11,968
Profit (loss) for the period to be appropriated9905€11,968
Line2018
Assets
Total assets20/58€272,401
Fixed assets21/28€56,000
Tangible fixed assets22/27€56,000
Current assets29/58€216,401
Amounts receivable within one year40/41€216,209
Cash at bank and in hand54/58€193
Equity and liabilities
Total equity and liabilities10/49€272,401
Equity10/15€23,207
Contributions10/11€20,000
Reserves13€3,207
Amounts payable17/49€249,194
Amounts payable within one year42/48€249,194
Trade debts44€5,225
Line2018
Profit (loss) for the period9904€11,968
+ Depreciation and write-downs630€7,000
Operating cash flow (approximation)€18,968

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2020
17-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 11-02-2020
2019
19-07
Judicial reorganisation Plan homologation
Ondernemingsrechtbank Gent · event 16-07-2019
29-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
30-04
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · collective agreement · event 23-04-2019
28-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 240 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
06-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
26-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 26 days late
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 Sign in to place this company at the front of the reading queue.

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, Maldegem · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
3,407 m²
Building footprint
385 m²
Volume, LiDAR
2,966 m³
Parcel 43010B0029/00A000, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
VALETTA / Zazoe
Aardenburgkalseide 254, 9990 MaldegemRetail trade
since 20112.200.895.554
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43010B0029/00A000 Flanders 3,407 m² 1 · 385 m² 14.2 m · 3 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 PIETER HUYGHE
SAVAANSTRAAT 72, 9000 GENT-
11-02-2020 → present

Similar companies · same sector, comparable size

Of 1,530 companies in sector 68322 we hold annual accounts for 745. 439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68322Real estate appraisal on a fee or contract basis
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.