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COJAREC

Open bankruptcy
Private limited company (pre-2019)founded 2012Emiel Clausstraat 91, 8793 Waregem, BelgiumKBO/BCE: BE 0849.816.208

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for COJAREC according to publications in the Belgian Official Gazette. The trustee is Geert Soetaert.

Summary

The 2023 annual accounts show equity of €338,619 and a net result of -€74,591.

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COJARECOpen bankruptcy
Report

Information for creditors

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
8 October 2024
Supervising judge
Patrick Danneels
Official Gazette
14-10-2024 (pdf) ↗search the document for 2024/138864

Deadlines

Provisional date payments stopped
8 October 2024A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 29 October 2024That is fifteen 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 7 November 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 26 November 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 8 October 2025A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustee

Next steps

  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.

A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is 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

Official details

KBO
Status
Active since 05-10-2012 Open bankruptcy
Legal form
Private limited company (pre-2019)
Registered office
Emiel Clausstraat 91, 8793 Waregem
Activity
Materials recovery from waste NACE 38210
Establishment unit
2.213.749.638 8793 Waregem, since 23-10-2012
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Board and ownership

Board
Shareholders
Board & ownership

Financial position

Open bankruptcy: no score
Annual accounts 2023
Gross margin
€739,071
▼ 25.1%
Turnover
≈ €1.7m
estimated
Loss
€74,591
Equity
€338,619
▼ 46.5%
Total assets
€1.6m
▲ 36.2%
Staff
12.6 FTE
▲ 8.6%
Filed on 31-07-2024PDF
Financials
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 31-07-2024, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
on the day
2022
31 days late
2021
62 days early
2020
9 days early
2019
50 days early
2018
27 days early
2017
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 38), the median for financial year 2023 was 12 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2023after a profit of €285,066 in 2022 -€74,591 View

Documents

Annual accounts at the NBB

All 11 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about COJAREC

What is the company number of COJAREC?
The company number of COJAREC is 0849.816.208. The VAT number is the same number with BE in front: BE 0849.816.208.
Where was COJAREC based?
The last known address of the registered office is Emiel Clausstraat 91, 8793 Waregem.Company details
What does COJAREC do?
According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
What is the legal form of COJAREC?
The legal form of COJAREC is Private limited company (pre-2019) (BVBA).
When was COJAREC founded?
COJAREC was founded on 05-10-2012.
Is COJAREC still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did COJAREC have?
COJAREC had an average of 12.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of COJAREC?
The turnover in financial year 2023 is ≈ €1.7m. This figure is estimated from the gross margin of €739,071 and 2,285 comparable companies of the same size. It probably lies between €1.0m and €3.0m. It is a rough estimate.
Is COJAREC profitable?
In financial year 2023, COJAREC made a loss of €74,591.
Where can I find the annual accounts of COJAREC?
COJAREC filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2023.Annual accounts 2023 (PDF)

Companies linked to COJAREC

Comparable companies

These companies have the same main activity as COJAREC: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €1.6m and €2.8m, founded between 2006 and 2014.

CompanyTotal assetsGross margin
COJAREC Waregem€1.6m€0.7m
SHIP - INDUSTRIAL CUTTING Aalst€2.5m€0.6m
Recypaper Diest€1.6m€1.5m
DE MOL RECYCLING Lochristi€2.8m€1.2m
S.B.S.Beton Tessenderlo-Ham€2.0m€0.9m
DE CEUSTER RECYCLING Olen€2.0m€1.4m
CLARAPLAST Malle€2.4m€0.8m
Full comparison

Next steps

See what became of the directors' other companies.Supplier due diligence See who ran this company and where it was based, on a date before it ended.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the materials recovery from waste sector is doing.Sector figures

Keep this company with today's facts in a case file.

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