VERTICAL
Open bankruptcyOverview
Information for creditors
Declared bankrupt on 30 May 2017 · trustee Ossieur Diane · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- French-language Commercial Court of Brussels
- Official Gazette
- 07-06-2017search the document for 2017/122461
Deadlines
- Appeal or third-party opposition until
- passed on 22 June 2017That is fifteen 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 29 June 2017art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 5 July 2017Reclaim 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 30 May 2018A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Ossieur DianeAvenue Hyppolite Limbourg 19, 1070 Bruxelles 7
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
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.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 30-05-2017
- Activity
- Operation of sports facilities NACE 93110and 4 others
- Establishment units
- 2.200.915.746 since 19-07-2011
- 2.272.476.210 4141 Sprimont, since 01-01-2018
- Financial year end
- 30 June
- Peppol
- Reachable since 02-12-2025
Board and ownership
- BORGUET Sébastien Jean Marie Julien NicolasDirector
- KRIER Jean-FrançoisDirector
- KRIER Jean-Françoisall the sharesdeed of 14-02-2024
Financial position
- Gross margin
- €34,438
- ▼ 75.0%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €3,658
- ▼ 95.3%
- Equity
- €224,062
- ▲ 1.7%
- Total assets
- €300,948
- ▼ 11.9%
- Staff
- ≈ 0.4 FTE
- estimated
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 1 day after the deadline Filed on 1 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00025352.
Annual accounts 2025 filed on 01-02-2026 PDF all 13 filings
Every figure per financial year
The operating result for 2025 is 94% lower than in 2024 and the lowest since 2021.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €8,765 | €25,857 | €19,191 | €29,355 |
| Depreciation and write-downs of the year | €6,431 | €9,141 | €15,942 | €15,636 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €508,953 | - | - | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €478,881 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €13,083 | €11,758 | ▼ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,603 | €3,324 | €6,990 | €6,431 | €9,141 | €15,942 | €15,636 | ▼ 1.9% |
| Other operating charges640/8 | - | - | - | €255 | €561 | €549 | €582 | ▲ 5.9% |
| Gross operating margin9900 | €14,613 | €8,652 | €10,017 | €17,409 | €19,273 | €137,938 | €34,438 | ▼ 75.0% |
| Operating profit (loss)9901 | €4,440 | €4,879 | €2,674 | €10,722 | €9,570 | €108,365 | €6,463 | ▼ 94.0% |
| Financial income75/76B | - | - | - | - | €263 | €365 | €71 | ▼ 80.6% |
| Recurring financial income75 | - | - | - | - | €263 | €365 | €71 | ▼ 80.6% |
| Financial charges65/66B | - | - | - | €532 | €759 | €672 | €248 | ▼ 63.1% |
| Recurring financial charges65 | €2,482 | €156 | €343 | €532 | €759 | €672 | €248 | ▼ 63.1% |
| Profit (loss) for the period before taxes9903 | €1,958 | €4,723 | €2,331 | €10,190 | €9,074 | €108,058 | €6,286 | ▼ 94.2% |
| Income taxes67/77 | €361 | €1,172 | €798 | €3,849 | €1,773 | €29,787 | €2,629 | ▼ 91.2% |
| Profit (loss) for the period9904 | €1,597 | €3,551 | €1,532 | €6,342 | €7,301 | €78,271 | €3,658 | ▼ 95.3% |
| Profit (loss) for the period to be appropriated9905 | €1,597 | €3,551 | €1,532 | €6,342 | €7,301 | €78,271 | €3,658 | ▼ 95.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €205,751 | €159,461 | €150,876 | €261,010 | €257,351 | €341,588 | €300,948 | ▼ 11.9% |
| Formation expenses20 | - | - | - | - | - | €752 | - | - |
| Fixed assets21/28 | €6,742 | €6,854 | €15,070 | €16,204 | €32,920 | €36,946 | €51,418 | ▲ 39.2% |
| Tangible fixed assets22/27 | €5,542 | €5,654 | €13,870 | €16,204 | €32,920 | €36,946 | €51,418 | ▲ 39.2% |
| Furniture and vehicles24 | - | - | - | €16,204 | €32,920 | €36,946 | €51,418 | ▲ 39.2% |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | - | - | - | - | - |
| Current assets29/58 | €199,009 | €152,607 | €135,807 | €244,806 | €224,431 | €303,889 | €249,530 | ▼ 17.9% |
| Stocks and contracts in progress3 | €15,479 | €15,764 | €18,036 | €84,516 | €84,516 | €80,256 | €63,661 | ▼ 20.7% |
| Stocks30/36 | - | - | - | €84,516 | €84,516 | €80,256 | €63,661 | ▼ 20.7% |
| Amounts receivable within one year40/41 | €152,212 | €39,394 | €31,668 | €83,082 | €87,185 | €88,132 | €48,791 | ▼ 44.6% |
| Trade receivables40 | - | - | - | €46,218 | €76,932 | €82,549 | €48,607 | ▼ 41.1% |
| Other amounts receivable41 | - | - | - | €36,864 | €10,254 | €5,583 | €183 | ▼ 96.7% |
| Current investments50/53 | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Cash at bank and in hand54/58 | €31,317 | €95,449 | €84,102 | €42,931 | €50,730 | €133,502 | €130,847 | ▼ 2.0% |
| Deferred charges and accrued income490/1 | - | - | - | €32,277 | - | - | €4,231 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €205,751 | €159,461 | €150,876 | €261,010 | €257,351 | €341,588 | €300,948 | ▼ 11.9% |
| Equity10/15 | €123,407 | €126,959 | €128,491 | €134,832 | €142,133 | €220,405 | €224,062 | ▲ 1.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | - | €18,600 | €18,600 | - | - |
| Other1109/19 | - | - | - | - | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €7,860 | €7,860 | €82,860 | €82,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Other1319 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €6,000 | €6,000 | €81,000 | €81,000 | = |
| Profit (loss) carried forward14 | €102,947 | €106,499 | €108,031 | €108,372 | €115,673 | €118,945 | €122,602 | ▲ 3.1% |
| Amounts payable17/49 | €82,344 | €32,502 | €22,386 | €126,177 | €115,217 | €121,183 | €76,886 | ▼ 36.6% |
| Amounts payable after more than one year17 | €1,119 | - | €1,164 | €1,578 | €2,065 | €2,264 | €49 | ▼ 97.8% |
| Other amounts payable178/9 | - | - | - | €1,578 | €2,065 | €2,264 | €49 | ▼ 97.8% |
| Amounts payable within one year42/48 | €81,225 | €32,502 | €21,222 | €124,599 | €113,153 | €118,919 | €76,837 | ▼ 35.4% |
| Financial debts43 | - | - | - | - | - | - | €156 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €156 | - |
| Trade debts44 | €73,654 | €25,324 | €16,351 | €44,659 | €31,268 | €55,441 | €73,247 | ▲ 32.1% |
| Suppliers440/4 | - | - | - | €44,659 | €31,268 | €55,441 | €73,247 | ▲ 32.1% |
| Advances received on contracts in progress46 | - | - | - | €75,440 | €77,700 | €23,807 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €4,500 | €4,185 | €39,670 | €3,434 | ▼ 91.3% |
| Taxes450/3 | - | - | - | €4,500 | €4,185 | €35,690 | €1,800 | ▼ 95.0% |
| Remuneration and social security454/9 | - | - | - | - | - | €3,980 | €1,634 | ▼ 58.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,597 | €3,551 | €1,532 | €6,342 | €7,301 | €78,271 | €3,658 | ▼ 95.3% |
| + Depreciation and write-downs630 | €9,603 | €3,324 | €6,990 | €6,431 | €9,141 | €15,942 | €15,636 | ▼ 1.9% |
| Operating cash flow (approximation) | €11,200 | €6,876 | €8,523 | €12,773 | €16,442 | €94,213 | €19,293 | ▼ 79.5% |
| Investment in fixed assets (approximation) | - | -€3,436 | -€15,206 | -€7,565 | -€25,857 | -€19,968 | -€30,107 | ▼ 50.8% |
| Change in cash | - | €64,132 | -€11,348 | -€41,171 | €7,798 | €82,772 | -€2,654 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 01-02-2026 | 2026-00025352 | |
| 30-06-2024 | full format | 23-01-2025 | 2025-00011377 | |
| 30-06-2023 | full format | 18-04-2024 | 2024-00068180 | |
| 30-06-2022 | full format | 09-03-2023 | 2023-00038287 | |
| 30-06-2021 | full format | 31-01-2022 | 2022-04700090 | |
| 30-06-2020 | full format | 02-02-2021 | 2021-04500369 | |
| 30-06-2019 | full format | 29-01-2020 | 2020-02900032 | |
| 30-06-2018 | full format | 29-01-2019 | 2019-04300353 | |
| 30-06-2017 | full format | 19-01-2018 | 2018-01900404 | |
| 30-06-2016 | full format | 17-01-2017 | 2017-01700305 |
Board & ownership
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Ossieur Diane Avenue Hyppolite Limbourg 19, 1070 Bruxelles 7 |
30-05-2017 → present |
Owners and capital
Shareholders
- KRIER Jean-François all shares
- KRIER Jean-François 100 shares · 100%
Capital transactions
- 14-02-2024 Converted to unavailable equity
- 12-01-2024 Converted to unavailable equity · €18,600
- 12-01-2024 Converted to unavailable equity · €1,860
- 12-01-2024 Converted to unavailable equity · €20,460
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| BORGUET Sébastien Jean Marie Julien Nicolas |
|
| KRIER Jean-François |
|
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
14-02
Gazette deed
Company renamed from KRIER to VERTICALChanges of role: KRIER Jean-François (director) and BORGUET Sébastien Jean Marie Julien Nicolas (director) · KRIER Jean-François holds all the shares · Director discharge: KRIER Jean-François12 points ▸
- General meeting, 28-12-2023
- KRIER Jean-François holds all the shares
- Director in office, KRIER Jean-François (director (not named in the articles))
- Director in office, BORGUET Sébastien Jean Marie Julien Nicolas (director (not named in the articles))
- Power of attorney, Elodie VANDENBUSSCHE
- Name change, VERTICAL
- 100 shares
- Director resignation, KRIER Jean-François (manager)
- Director resignation, BORGUET Sébastien Jean Marie Julien Nicolas (manager)
- Director discharge, KRIER Jean-François
- Director discharge, BORGUET Sébastien Jean Marie Julien Nicolas
- Director appointment, KRIER Jean-François (director (not named in the articles))
- The deed holds 13 more points.
12-01
Gazette deed
Company renamed from KRIER to VERTICALResignations: KRIER Jean-François (director) and BORGUET Sébastien Jean Marie Julien Nicolas (director) · Appointments: KRIER Jean-François (director) and BORGUET Sébastien Jean Marie Julien Nicolas (director) · KRIER Jean-François holds 100 shares (100%)12 points ▸
- General meeting, 28-12-2023
- KRIER Jean-François holds 100 shares (100%)
- Director in office, KRIER Jean-François (director (not named in the articles))
- Director in office, BORGUET Sébastien Jean Marie Julien Nicolas (director (not named in the articles))
- Power of attorney, Elodie VANDENBUSCCHE
- Name change, VERTICAL
- Legal-form conversion, to private limited company
- 100 shares
- Director resignation, KRIER Jean-François
- Director resignation, BORGUET Sébastien Jean Marie Julien Nicolas
- Board rule, 2
- Director appointment, KRIER Jean-François (director (not named in the articles))
- The deed holds 11 more points.
21-08
Gazette deed
Registered office moved from Evere to SprimontNew registered office: Rue des XII Hommes 61 à 4141 Sprimont · Previous registered office: Rue Frans Pepermans 75 à 1140 EVERE · Appointment: Sébastien Borguet (director)4 points ▸
- General meeting, 24-03-2023
- Registered-office move, Rue des XII Hommes 61 à 4141 Sprimont
- Director appointment, Sébastien Borguet
- Director in office, Krier, Jean-François
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
In liquidation
- Last annual accounts
- financial year to 30 June 2025
- Legal form
- Private limited company
- Active since
- 19 July 2011
Register details
Identity
Registered office and establishments
1 former office
- Rue Frans Pepermans 75, 1140 Evere until 24-03-2023 · deed of 21-08-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
6 activities
- L'entreprise générale du bâtiment,rénovation,nettoyage privé et industriel
- La coordination générale de chantiers
- L'installation de panneaux photovoltaïques
- La Certification de Performance Energétique des Bâtiments(PEB)
- La réalisation de travaux en hauteur placement de filets de protection,élagage-abattage,peignage de carrières
- L'achat,la vente,l'exploitation,la gestion de biens meubles et immeubles de quelque nature que ce soit,la création,l'acquisition,l'exploitation,la cession de fonds de commerce,la constitution,la transformation de tout immeuble dont elle serait soit gestionnaire,soit propriétaire,soit locataire
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
1 category- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62067B0047/00S000 | Wallonia | 931 m² | 1 · 95 m² | 7.9 m · 2 |
| 21006A0378/00X003 | Brussels | 252 m² | 1 · 85 m² | 12.9 m · 3 |