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BelGaN

Open bankruptcy
Private limited companyfounded 2002Westerring 15, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0477.511.994
Summary

A bankruptcy procedure is open for BelGaN according to publications in the Belgian Official Gazette. The 2023 annual accounts show equity of €49.2m and a net result of -€8.3m.

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BelGaNOpen bankruptcy
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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, Oudenaarde division
Declared bankrupt
31 July 2024
Official Gazette
07-08-2024 (pdf) ↗search the document for 2024/131737

Deadlines

Provisional date payments stopped
1 February 2024Moved back by judgment of 8 May 2025. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 22 August 2024Fifteen 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 30 August 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 11 September 2024Reclaim 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 31 July 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Ali HeermanEinestraat 34, 9700 Oudenaardeadvocatenkantoor.heerman@skynet.be
  • Eric FlameeEiland 27, 9520 Sint-Lievens-Houtemef@flamee-vanderstichelen.be
  • Jurgen Van den BosscheGentstraat 152, 9700 Ouden- Aardejurgen.vandenbossche@ovdb.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
Manufacture of computer, electronic and optical products
NACE 26110
1 site
Size
€55.4mturnover 2023
Staff
420.9 FTE
Equity
€49.2m
Loss
-€8.3m
Financial health
Open bankruptcy: no score
Structure
Parent
BelGaN Group · 100%
Holdings
1
Auditor: VGD Bedrijfsrevisoren BV3 of 20 deeds summarised
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
37 days early
2022
60 days early
2021
67 days early
2020
81 days early
2019
74 days early
2018
77 days early
2017
77 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 68 days before the deadline; the sector median (NACE 26) for financial year 2023 is 5 days before the deadline, and 37% 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. Date of cessation of payments moved…Enterprise Court of Ghent, Oudenaarde…
  2. Resignation: Robertus Willems (day-to-day manager)Gazette deed
  3. OpeningEnterprise Court of Ghent, Oudenaarde…

Key points

  • Risk: Declared bankrupttrustee: Ali Heerman 31-07-2024 View
  • Caution: From profit to loss in 2023after €411,683 in 2022 -€8.3m View
  • Controlled by BelGaN Groupthe company in turn controls 1 companies 100% View
  • EU research moneyEU contribution €11.4m View

By topic

Financials

Financial year
2023
Turnover
€55.4m
Loss
-€8.3m
Solvency
49.8%
Turnover▼ 4.5%
Net result
20182023
Go to Financials

Timeline

Events
30
Since
2003
  1. 24-06-2024Annual accounts filed
  2. 01-02-2024Amendment of the articles
  3. 24-01-2024Reappointment: VGD Bedrijfsrevisoren BV (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26110
Founded
10-05-2002
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about BelGaN

What is the company number of BelGaN?
0477.511.994. In Belgium the VAT number is the company number with BE in front: BE 0477.511.994.
Where was BelGaN based?
The last known address of the registered office is Westerring 15, 9700 Oudenaarde.Company details
What does BelGaN do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26110).
What is the legal form of BelGaN?
Private limited company (BV).
When was BelGaN founded?
On 10-05-2002.
Is BelGaN still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did BelGaN have?
On average 420.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of BelGaN?
€55.4m in financial year 2023, according to the filed annual accounts.
Is BelGaN profitable?
In financial year 2023, BelGaN made a loss of €8.3m.
Where can I find the annual accounts of BelGaN?
BelGaN filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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