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BU MANAGEMENT

Open bankruptcy
Private limited company (pre-2019)founded 2013Louizalaan 517, 1050 Brussel, BelgiumKBO/BCE: BE 0537.406.526

A bankruptcy procedure is open for BU MANAGEMENT according to publications in the Belgian Official Gazette; trustee: Gautier Pirard.

Summary

The 2022 annual accounts show negative equity (-€105,807) and a net result of -€18,238.

BU MANAGEMENTOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
22 December 2023
Supervising judge
Renaud Witmeur
Official Gazette
28-12-2023 (pdf) ↗search the document for 2023/150500

Deadlines

Appeal or third-party opposition until
passed on 12 January 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 21 January 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 31 January 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 22 December 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
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
≈ €590,000turnover 2022, estimated
Staff
≈ 5.1 FTE, estimated
Equity
-€105,807
Loss
-€18,238
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
4 deeds in the Belgian Official Gazette
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 30-06-2022 was due by 31-01-2023 and was filed on 30-12-2022, 32 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2022
32 days early
2021
3 days early
2020
6 days early
2019
22 days early
2018
24 days early
2017
21 days early
2016
36 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 21 days before the deadline; the sector median (NACE 56) for financial year 2022 is 15 days after the deadline, and 56% 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. OpeningFrench-language Enterprise Court of Brussels…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Annual accounts filedfinancial year 2021 · micro…

Key points

  • Risk: Declared bankrupttrustee: Gautier Pirard 22-12-2023 View
  • Total assets 20224 financial years filed €174,262 View

By topic

Financials

Financial year
2022
Total assets
€174,262
Loss
-€18,238
Solvency
-60.7%
Total assets▼ 15.2%
Net result
20192022
Go to Financials

Timeline

Events
10
Since
2014
  1. 25-01-2021Annual accounts filed
  2. 09-01-2020Annual accounts filed
  3. 07-01-2019Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
09-08-2013
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about BU MANAGEMENT

What is the company number of BU MANAGEMENT?
0537.406.526. In Belgium the VAT number is the company number with BE in front: BE 0537.406.526.
Where was BU MANAGEMENT based?
The last known address of the registered office is Louizalaan 517, 1050 Brussel.Company details
What does BU MANAGEMENT do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of BU MANAGEMENT?
Private limited company (pre-2019) (BVBA).
When was BU MANAGEMENT founded?
On 09-08-2013.
Is BU MANAGEMENT still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did BU MANAGEMENT have?
On average 1.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of BU MANAGEMENT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BU MANAGEMENT profitable?
In financial year 2022, BU MANAGEMENT made a loss of €18,238.
Where can I find the annual accounts of BU MANAGEMENT?
BU MANAGEMENT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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