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FOx Biosystems

Open bankruptcy
Public limited companyfounded 2016Agoralaan Abis, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0653.744.366
Summary

A bankruptcy procedure is open for FOx Biosystems according to publications in the Belgian Official Gazette. The 2023 annual accounts show equity of €1.3m and a net result of -€2.8m.

FOx BiosystemsOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
23 January 2025
Supervising judge
Ivo Van Genechten
Official Gazette
29-01-2025 (pdf) ↗search the document for 2025/103697

Deadlines

Provisional date payments stopped
15 January 2025Payments 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 13 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol until
passed on 22 February 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 6 March 2025Reclaim 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 23 January 2026A 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

  • Geert ReniersJaarbeurslaan 19/31, 3600 Genkgeert.reniers@paqt.be
  • Tom ArtsJaarbeurslaan 19/31, 3600 Genktom.arts@paqt.be
  • Ilona Lo GiudiceJaarbeurs- Laan 19/31, 3600 Genkilona.logiudice@paqt.be

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim 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
Research and development on biotechnology
NACE 72101
2 sites
Size
€2.7mtotal assets 2023
Staff
13.8 FTE
Equity
€1.3m
Loss
-€2.8m
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
Largest shareholder
LIMBURGSE RECONVERSIE MAATSCHAPPIJ · 33.94%
Holdings
1
0 of 17 deeds read
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 09-07-2024, 22 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2023
22 days early
2022
27 days early
2021
23 days early
2020
23 days early
2019
16 days early
2018
21 days early
2017
15 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 72) for financial year 2023 is 12 days before the deadline, and 35% 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 Antwerp, Hasselt…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Risk: Declared bankrupttrustee: Geert Reniers 23-01-2025 View
  • Caution: Equity fell in 2023from €2.5m to €1.3m ▼ 47.9% View
  • EU research moneyEU contribution €2.7m View

By topic

Financials

Financial year
2023
Total assets
€2.7m
Loss
-€2.8m
Solvency
47.5%
Total assets▼ 9.5%
Net result
20182023
Go to Financials

Timeline

Events
13
Since
2017
  1. 31-12-2022Weakest financial year
  2. 31-12-2022Equity above €2m
  3. 08-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Research and development on biotechnologyNACE 72101
Founded
03-05-2016
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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