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Valk&Burg

Open bankruptcy
Private limited companyfounded 2013Grote Baan 143, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0524.717.441
Summary

A bankruptcy procedure is open for Valk&Burg according to publications in the Belgian Official Gazette. The 2023 annual accounts show negative equity (-€98,952) and a net result of -€175,984.

Valk&BurgOpen bankruptcy

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 Antwerp, Hasselt division
Declared bankrupt
17 July 2024
Supervising judge
Ivo Van Genechten
Official Gazette
23-07-2024 (pdf) ↗search the document for 2024/130364

Deadlines

Provisional date payments stopped
11 July 2024Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 7 August 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol until
passed on 16 August 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 29 August 2024Reclaim 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 17 July 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  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 trustee's reports appear there.

These deadlines 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 trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.6mtotal assets 2023
Equity
-€98,952
Loss
-€175,984
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
Parent
SMAK Holding · 100%
0 of 9 deeds read
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-04-2024, 96 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
96 days early
2022
31 days late
2021
30 days early
2020
30 days late
2019
13 days late
2018
4 days early
2017
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median (NACE 68) for financial year 2023 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Antwerp, Hasselt…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Weakest financial yearnet -€175,984

Key points

  • Risk: Declared bankrupttrustee: Felix Ruysschaert 17-07-2024 View
  • Caution: From profit to loss in 2023after €567,967 in 2022 -€175,984 View
  • Controlled by SMAK Holding 100% View

By topic

Financials

Financial year
2023
Total assets
€1.6m
Loss
-€175,984
Solvency
-6.3%
Total assets▼ 28.4%
Net result
20182023
Go to Financials

Timeline

Events
18
Since
2014
  1. 31-08-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2023
  3. 31-12-2022Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
21-03-2013
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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