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WIFI TECHNOLOGIES

Judicial reorganisation
Private limited company (pre-2019)founded 2017active for 9 yearsVorstlaan 24, 1170 Watermaal-Bosvoorde, Belgium87 active companies are registered at this addressKBO/BCE: BE 0675.873.135
Summary

The file of WIFI TECHNOLOGIES contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. For WIFI TECHNOLOGIES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€16,006) and a net result of -€25,204. Equity is shrinking by about 86% per year across the filed financial years.

WIFI TECHNOLOGIESJudicial reorganisation

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
24 November 2021
Track
Reorganisation by collective agreement
Docket number
20210055
Moratorium until
28 September 2022 (passed; an extension would be in a later judgment)
Creditors' vote
14 September 2022
Delegated judge
Raphael Pieters
Official Gazette
01-12-2021 (pdf) ↗search the document for 2021/141606

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known1 site
Size
€122,926total assets 2022
Equity
-€16,006
Loss
-€25,204
Turnover not published (micro format)
Financial health
2022 figures too old to scoreReorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 815 days overdue0 of 3 deeds read
Signalsraises riskIn judicial reorganisationTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Judicial reorganisation: Ongoing judicial reorganisation
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 12-19
equity -13.0% of total assets
Liquidity 0-3
short-term debt 103.6%
Profitability 0-38
return on assets -20.5%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation

Signals

Three signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline24-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-07-2023, 4 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
4 days early
2021
13 days early
2020
38 days late
2019
109 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 33 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…
  2. Annual accounts filedfinancial year 2021 · micro…
  3. ExtensionFrench-language Enterprise Court of Brussels…

Key points

  • Risk: In judicial reorganisationtrustee not known 24-11-2021 View
  • Risk: Accounts not fileddeadline was 31-07-2024 815 days late View
  • Risk: Negative equityfinancial year 2022: debts exceed assets -€16,006 View
  • Risk: 3 loss-making years in a rowloss financial year 2022 -€25,204 View

By topic

Financials

Financial year
2022
Total assets
€122,926
Loss
-€25,204
Solvency
-13.0%
Total assets▼ 14.8%
Net result
20182022
Go to Financials

Timeline

Events
9
Since
2019
  1. 01-12-2021Opening
  2. 07-09-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
19-05-2017
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about WIFI TECHNOLOGIES

What is the company number of WIFI TECHNOLOGIES?
0675.873.135. In Belgium the VAT number is the company number with BE in front: BE 0675.873.135.
Where is WIFI TECHNOLOGIES based?
The registered office is at Vorstlaan 24, 1170 Watermaal-Bosvoorde.Company details
What is the legal form of WIFI TECHNOLOGIES?
Private limited company (pre-2019) (BVBA).
When was WIFI TECHNOLOGIES founded?
On 19-05-2017.
Is WIFI TECHNOLOGIES still active?
Yes, WIFI TECHNOLOGIES is in the KBO register. A judicial reorganisation is running.
What is the turnover of WIFI TECHNOLOGIES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WIFI TECHNOLOGIES profitable?
In financial year 2022, WIFI TECHNOLOGIES made a loss of €25,204.
Where can I find the annual accounts of WIFI TECHNOLOGIES?
WIFI TECHNOLOGIES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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