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WE RESTORATE

Open bankruptcy
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1991Franklin Rooseveltlaan 348, 9000 Gent, BelgiumKBO/BCE: BE 0443.858.538

A bankruptcy procedure is open for WE RESTORATE according to publications in the Belgian State Gazette; curator: HILDE DE BOEVER.

Summary

The 2017 annual accounts show equity of €1.1m and a net result of €60,754.

Watch Report
WE RESTORATEOpen bankruptcy
Report

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
7 January 2020
Supervising judge
Philippe Van Laere
Official Gazette
13-01-2020 (pdf) ↗search the document for 2020/100844

Deadlines

Provisional date payments stopped
7 January 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 28 January 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 6 February 2020art. XX.104 and XX.155 CEL
First verification report
passed on 11 February 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 7 January 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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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Overview

Activity
Activity not known1 site
Size
€9.8mtotal assets 2017
Staff
4.1 FTE
Equity
€1.1m
Profit
€60,754
Staff (FTE) -57%: other schema
Financial health
Open bankruptcy: no score
Structure
Accounts 2804 d overdue0 of 9 deeds read
Signals- Open bankruptcyLatest accounts filed on timeShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2017 was due by 31-01-2018 and was filed on 29-11-2017, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2018
not filed
2017
63 d early
2016
63 d early
2015
54 d early
2014
64 d early
2013
42 d early
2012
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 52 days before the deadline; the Belgian median for financial year 2018 is 2 days before the deadline, and 42% of all filings were 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
  1. OpeningOndernemingsrechtbank Gent, afdeling Gent ·…
  2. Annual accounts filedfiscal year 2017 · abbreviated…
  3. Weakest financial yearnet €60,754 ▼21.4%

Key points

  • Risk: Declared bankrupttrustee: Hilde De Boever 07-01-2020 View
  • Caution: Staff fell in 2017different schema filed ▼ 56.8% View
  • Positive: 5 profitable years in a rowprofit 2017: €60,754 5 years View

By topic

Financials

Fiscal year
2017
Total assets
€9.8m
Profit
€60,754
Solvency
10.9%
Turnover▲ 1.3%
Net result
20132016
Go to Financials

Timeline

Events
14
Since
2009
  1. 13-01-2020Opening
  2. 29-11-2017Annual accounts filed
  3. 30-06-2017Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Founded
02-04-1991
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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