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Wallprojects

Open bankruptcy
Private limited company (pre-2019)founded 2015Luipaardstraat(Kor) 12/2, 8500 Kortrijk, BelgiumKBO/BCE: BE 0598.751.405

A bankruptcy procedure is open for Wallprojects according to publications in the Belgian Official Gazette; trustee: Sofie Debusschere.

Summary

The 2019 annual accounts show equity of €164,734 and a net result of €85,388.

WallprojectsOpen 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 Ghent, Kortrijk division
Declared bankrupt
21 September 2021
Supervising judge
Patrick Danneels
Official Gazette
27-09-2021 (pdf) ↗search the document for 2021/132469

Deadlines

Provisional date payments stopped
21 September 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 12 October 2021Fifteen 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 21 October 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 November 2021Reclaim 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 21 September 2022A 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

  • Sofie DebusscherePres. Rooseveltplein 1, 8500 Kortrijksofie.debusschere@ejadvocaten.be

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
Joinery installation
NACE 43320
1 site
Size
≈ €880,000turnover 2019, estimated
Staff
2 FTE
Equity
€164,734
Profit
€85,388
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
2 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
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
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Kortrijk…
  2. Annual accounts filedfinancial year 2019 · abbreviated…
  3. Annual accounts filedfinancial year 2018 · micro…

Financials · financial year 2019, abbreviated format

2019 annual accounts filed late (140 days) Filed on 19 June 2020, deadline 31 January 2020 (7 months after the close on 30 June 2019, Companies Code art. 3:10). Source: NBB, 2020-18700319.

Turnover
≈ €880,000
Estimated: probably between €590,000 and €1.1m
Total assets
€568,152
Net result
€85,388
Working capital
€104,317

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €568,152
Fixed assets €161,297
Current assets €406,855
Equity and liabilities €568,152
Equity €164,734
Debt €403,418
Debt finances 71.0% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€127,576
Cash flow
€91,333
Current ratio
1.34
Debt to equity
0.61
ROE
51.8%
ROA
15.0%
Debt ≤ 1 year
€302,539
Debt > 1 year
€100,879
Income taxes
€21,398
Annual accounts
Filed annual accounts As filed with the NBB · 2019 · 24 lines
Balance sheet Code2019
Assets
Total assets20/58€568,152
Fixed assets21/28€161,297
Tangible fixed assets22/27€6,497
Financial fixed assets28€154,800
Current assets29/58€406,855
Amounts receivable within one year40/41€382,538
Cash at bank and in hand54/58€14,172
Equity and liabilities
Total equity and liabilities10/49€568,152
Equity10/15€164,734
Contributions10/11€15,000
Reserves13€62,759
Profit (loss) carried forward14€86,975
Amounts payable17/49€403,418
Amounts payable after more than one year17€100,879
Amounts payable within one year42/48€302,539
Trade debts44€246,410
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,945
Gross operating margin9900€221,976
Operating profit (loss)9901€121,631
Recurring financial charges65€14,846
Profit (loss) for the period before taxes9903€106,786
Income taxes67/77€21,398
Profit (loss) for the period9904€85,388
Profit (loss) for the period to be appropriated9905€85,388
Line2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,945
Gross operating margin9900€221,976
Operating profit (loss)9901€121,631
Recurring financial charges65€14,846
Profit (loss) for the period before taxes9903€106,786
Income taxes67/77€21,398
Profit (loss) for the period9904€85,388
Profit (loss) for the period to be appropriated9905€85,388
Line2019
Assets
Total assets20/58€568,152
Fixed assets21/28€161,297
Tangible fixed assets22/27€6,497
Financial fixed assets28€154,800
Current assets29/58€406,855
Amounts receivable within one year40/41€382,538
Cash at bank and in hand54/58€14,172
Equity and liabilities
Total equity and liabilities10/49€568,152
Equity10/15€164,734
Contributions10/11€15,000
Reserves13€62,759
Profit (loss) carried forward14€86,975
Amounts payable17/49€403,418
Amounts payable after more than one year17€100,879
Amounts payable within one year42/48€302,539
Trade debts44€246,410
Line2019
Profit (loss) for the period9904€85,388
+ Depreciation and write-downs630€5,945
Operating cash flow (approximation)€91,333

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

Filings with the National Bank (4)
Financial year Type Filed Reference
30-06-2019 abbreviated format 19-06-2020 2020-18700319
30-06-2018 micro format 21-02-2019 2019-05800143
30-06-2017 micro format 31-01-2018 2018-04000471
30-06-2016 abbreviated format 30-01-2017 2017-03600539

Similar companies · same sector, comparable size

Of the 19,855 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,302. 7,646 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Sofie Debusschere
Pres. Rooseveltplein 1, 8500 Kortrijk
21-09-2021 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 17 February 2015, Wallprojects was incorporated.1 The company has filed 4 sets of annual accounts, the latest for financial year 2019.2 The company was declared bankrupt on 21 September 2021.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019
  3. 3Belgian Official Gazette, 27-09-2021

Acts, filings and financial milestones

2021
27-09
Bankruptcy Opening
Enterprise Court of Ghent, Kortrijk division · judgment of 21-09-2021
2020
19-06
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 140 days late
2019
21-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 21 days late
2018
31-01
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
30-01
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
SignalNBB filing
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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.

Opening faillissement

Wallprojects is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 30 June 2019
Legal form
Private limited company (pre-2019)
Active since
17 February 2015
Official KBO record

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2015
Financial year end30-06
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0598751405
Also 9925:BE0598751405
Registered 24-11-2023

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

Register as of 29 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
4,674 m²
Building volume
62,588 m³
Parcel 34353B0339/00R000, Flanders · tallest building 21.0 m. Linked by address, not a title deed.
1 establishment unit
Wallprojects
Luipaardstraat(Kor) 12/2, 8500 KortrijkJoinery installation
since 2015unit no. 2.239.697.435
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34353B0339/00R000 Flanders 1.6 ha 1 · 4,674 m² 21.0 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.