WOLF
Open bankruptcyAre 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, Dendermonde division
- Declared bankrupt
- 11 May 2020
- Supervising judge
- Rudy Debbaut
- Official Gazette
- 18-05-2020 (pdf) ↗search the document for 2020/118081
Deadlines
- Provisional date payments stopped
- 8 May 2020Payments 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 2 June 2020Fifteen 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 10 June 2020art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 19 June 2020Reclaim 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 11 May 2021A 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
- Marga PietersAffligemdreef 144, 9300 Aalstmarga.pieters@telenet.be
What to do now
- 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.
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 ↗
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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
Specialised construction activities
NACE 43130
1 site
Size
≈ €2.2mturnover 2018, estimated
- Staff
- 9.7 FTE
- Equity
- -€1.1m
- Profit
- €274,647
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
4 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2018 accounts filed 68 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · 2018 accounts filed 68 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 07-10-2019, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2018
68 days late
2017
152 days early
2016
23 days late
2015
18 days early
2014
16 days early
2013
15 days early
2012
20 days late
← 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 13 days before the deadline; the sector median (NACE 43) for financial year 2018 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (1)
- Supervising judge replacedEnterprise Court of Ghent, Dendermonde…
- OpeningEnterprise Court of Ghent, Dendermonde…
- Plan approval refusedEnterprise Court of Ghent ·…
Financials · financial year 2018, abbreviated format
2018 annual accounts filed late (68 days) Filed on 7 October 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-69200559.
Turnover
≈ €2.2m
Estimated: probably between €1.7m and €3.0m
Total assets
€595,903
Net result
€274,647
Working capital
-€287,462
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 €595,903
Fixed assets
€97,486
Current assets
€498,418
Equity and liabilities
Equity-€1.1m
Debt€1.7m
Equity is negative: debt (€1.7m) exceeds the balance-sheet total (€595,903).
Key figures and ratios
EBITDA
€394,635
Cash flow
€324,533
Solvency
-185.9%
Current ratio
0.63
ROA
46.1%
Debt
€1.7m
Debt ≤ 1 year
€785,879
Debt > 1 year
€801,650
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,886 |
| Gross operating margin9900 | €784,905 |
| Operating profit (loss)9901 | €344,749 |
| Recurring financial income75 | €21,661 |
| Recurring financial charges65 | €91,763 |
| Profit (loss) for the period before taxes9903 | €274,647 |
| Profit (loss) for the period9904 | €274,647 |
| Profit (loss) for the period to be appropriated9905 | €274,647 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €0.6m | |
| Fixed assets21/28 | €0.1m | |
| Tangible fixed assets22/27 | €0.1m | |
| Current assets29/58 | €0.5m | |
| Amounts receivable within one year40/41 | €0.5m | |
| Cash at bank and in hand54/58 | €0.009m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €0.6m | |
| Equity10/15 | -€1.1m | |
| Contributions10/11 | €0.3m | |
| Reserves13 | €0.03m | |
| Profit (loss) carried forward14 | -€1.4m | |
| Amounts payable17/49 | €1.7m | |
| Amounts payable after more than one year17 | €0.8m | |
| Amounts payable within one year42/48 | €0.8m | |
| Trade debts44 | €0.2m | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €274,647 |
| + Depreciation and write-downs630 | €49,886 |
| Operating cash flow (approximation) | €324,533 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2018 | abbreviated format | 07-10-2019 | 2019-69200559 |
| 31-12-2017 | abbreviated format | 01-03-2018 | 2018-06200193 |
| 31-12-2016 | abbreviated format | 23-08-2017 | 2017-49300212 |
| 31-12-2015 | abbreviated format | 13-07-2016 | 2016-31000171 |
| 31-12-2014 | abbreviated format | 15-07-2015 | 2015-32300212 |
| 31-12-2013 | abbreviated format | 16-07-2014 | 2014-32200204 |
| 31-12-2012 | abbreviated format | 20-08-2013 | 2013-43900340 |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-52300089 |
| 31-12-2010 | abbreviated format | 13-07-2011 | 2011-30100240 |
| 31-12-2009 | abbreviated format | 05-07-2010 | 2010-27300533 |
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Of the 600 active companies whose main activity is specialised construction activities (NACE 43130), figures are known for 311. 90 are within a factor 10 of this headcount. 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 4 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Marga Pieters Affligemdreef 144, 9300 Aalst |
11-05-2020 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
02-06
Bankruptcy
Supervising judge replaced
Enterprise Court of Ghent, Dendermonde division · judgment of 27-05-2026
2020
18-05
Bankruptcy
Opening
Enterprise Court of Ghent, Dendermonde division · judgment of 11-05-2020
23-04
Judicial reorganisation
Plan approval refused
Enterprise Court of Ghent · judgment of 20-04-2020
2019
13-12
Judicial reorganisation
Opening
Enterprise Court of Ghent · collective agreement · judgment of 09-12-2019
07-10
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 68 days late
2018
01-03
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
23-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 23 days late
2016
13-07
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
2015
15-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
16-07
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format
2013
20-08
NBB filing
Annual accounts filed
financial year 2012 · abbreviated format · 20 days late
2012
30-08
NBB filing
Annual accounts filed
financial year 2011 · abbreviated format · 30 days late
2011
13-07
NBB filing
Annual accounts filed
financial year 2010 · abbreviated format
2010
05-07
NBB filing
Annual accounts filed
financial year 2009 · abbreviated format
SignalNBB filingOf the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
0 of 4 deeds read
About the unread acts
We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded19-04-1995
Financial year end31-12
Activities, NACEBEL 2025
43130Specialised construction activities
43110Demolition
46431Wholesale of electrical household appliances and audio-video equipment
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 28 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, Denderleeuw · 1 establishment unit since 1996
Ground area
602 m²
Building footprint
407 m²
Building volume
1,844 m³
Parcel 41011A1578/00X000, Flanders · tallest building 6.2 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Trapstraat 45, 9470 Denderleeuw
since 1996unit no. 2.071.496.960
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41011A1578/00X000 | Flanders | 602 m² | 1 · 407 m² | 6.2 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.