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AVET BUILDING & ENGINEERING

Open bankruptcy
Public limited companyfounded 1988Brouwerijdreef 2, 8573 Anzegem, BelgiumKBO/BCE: BE 0435.670.550

A bankruptcy procedure is open for AVET BUILDING & ENGINEERING according to publications in the Belgian Official Gazette; trustee: Kathleen Segers.

Summary

The 2021 annual accounts show equity of €18,237 and a net result of -€27,487.

AVET BUILDING & ENGINEERINGOpen 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
20 April 2023
Supervising judge
Joost Muylle
Official Gazette
26-04-2023 (pdf) ↗search the document for 2023/116252

Deadlines

Provisional date payments stopped
20 April 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 11 May 2023Fifteen 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 20 May 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 6 June 2023Reclaim 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 20 April 2024A 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

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
General construction of residential buildings
NACE 41001
1 site
Size
€248,593total assets 2021
Staff
0.5 FTE
Equity
€18,237
Loss
-€27,487
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
Parent
ALPHA-HOME · 99.8%
7 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2021 accounts filed 61 days lateShow the evidence

Signals

Two signals.
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
raises risk · 2021 accounts filed 61 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-09-2022, 61 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 filings
Deviation from the deadline
2021
61 days late
2020
31 days late
2019
61 days late
2018
2 days early
2017
11 days early
2016
5 days early
2015
11 days early
← 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 18 days after the deadline; the sector median (NACE 41) for financial year 2021 is on the deadline day, and 49% of those companies filed late.

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 2021 · abbreviated…
  3. Liquidity more than triplescurrent ratio 10.32

Key points

  • Risk: Declared bankrupttrustee: Kathleen Segers 20-04-2023 View
  • Controlled by ALPHA-HOME 99.8% View
  • Positive: Result rose in 2021from -€218,504 to -€27,487 ▲ 87.4% View

By topic

Financials

Financial year
2021
Total assets
€248,593
Loss
-€27,487
Solvency
7.3%
Total assets▼ 34.8%
Net result
20182021
Go to Financials

Timeline

Events
34
Since
1990
  1. 31-08-2021Annual accounts filed
  2. 31-12-2020Weakest financial year
  3. 30-09-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
27-10-1988
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about AVET BUILDING & ENGINEERING

What is the company number of AVET BUILDING & ENGINEERING?
0435.670.550. In Belgium the VAT number is the company number with BE in front: BE 0435.670.550.
Where was AVET BUILDING & ENGINEERING based?
The last known address of the registered office is Brouwerijdreef 2, 8573 Anzegem.Company details
What does AVET BUILDING & ENGINEERING do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of AVET BUILDING & ENGINEERING?
Public limited company (NV).
When was AVET BUILDING & ENGINEERING founded?
On 27-10-1988.
Is AVET BUILDING & ENGINEERING still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did AVET BUILDING & ENGINEERING have?
On average 0.5 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of AVET BUILDING & ENGINEERING?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is AVET BUILDING & ENGINEERING profitable?
In financial year 2021, AVET BUILDING & ENGINEERING made a loss of €27,487.
Where can I find the annual accounts of AVET BUILDING & ENGINEERING?
AVET BUILDING & ENGINEERING filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2021.

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