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H&S POWERSOLUTIONS

Bankruptcy
Private limited companyfounded 2019Roodebeeksteenweg 206, 1200 Sint-Lambrechts-Woluwe, Belgium190 active companies are registered at this addressKBO/BCE: BE 0738.645.102
Summary

The KBO register currently lists the legal status of H&S POWERSOLUTIONS as open bankruptcy, with no start date. The 2023 annual accounts show equity of €3.8m and a net result of -€1.3m.

H&S POWERSOLUTIONSBankruptcy

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
15 May 2024
Track
Reorganisation by collective agreement
Docket number
20240035
Moratorium until
18 December 2024 (passed; an extension would be in a later judgment)
Creditors' vote
4 December 2024
Delegated judge
Paul Vanderhoeven
Official Gazette
24-05-2024 (pdf) ↗search the document for 2024/120617

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Wholesale of electrical equipment, including installation materials
NACE 46643
2 sites
Size
≈ €4.0mturnover 2023, estimated
Staff
20 FTE
Equity
€3.8m
Loss
-€1.3m
Turnover estimated from the gross margin
Financial health
Bankruptcy: no score
Structure
2 of 4 deeds summarised
Signalsraises riskRegister: open bankruptcyIn judicial reorganisationShow the evidence

Signals

Two signals.
raises risk
raises risk · Register: open bankruptcy
The KBO register currently gives the legal situation as open bankruptcy, with no start date.
KBO · legal situation
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · abbreviated…
  2. ExtensionFrench-language Enterprise Court of Brussels…
  3. OpeningFrench-language Enterprise Court of Brussels…

Key points

  • Risk: In judicial reorganisationtrustee not known 15-05-2024 View
  • Caution: From profit to loss in 2023after €4.9m in 2022 -€1.3m View
  • Total assets 20234 financial years filed €9.8m View

By topic

Financials

Financial year
2023
Total assets
€9.8m
Loss
-€1.3m
Solvency
39.3%
Total assets▲ 3.0%
Net result
20202023
Go to Financials

Timeline

Events
12
Since
2021
  1. 19-04-2024Purpose · Amendment of the articles
  2. 09-04-2024Registered office
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643
Founded
02-12-2019
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about H&S POWERSOLUTIONS

What is the company number of H&S POWERSOLUTIONS?
0738.645.102. In Belgium the VAT number is the company number with BE in front: BE 0738.645.102.
Where was H&S POWERSOLUTIONS based?
The last known address of the registered office is Roodebeeksteenweg 206, 1200 Sint-Lambrechts-Woluwe.Company details
What does H&S POWERSOLUTIONS do?
According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
What is the legal form of H&S POWERSOLUTIONS?
Private limited company (BV).
When was H&S POWERSOLUTIONS founded?
On 02-12-2019.
Is H&S POWERSOLUTIONS still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did H&S POWERSOLUTIONS have?
On average 20 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of H&S POWERSOLUTIONS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is H&S POWERSOLUTIONS profitable?
In financial year 2023, H&S POWERSOLUTIONS made a loss of €1.3m.
Where can I find the annual accounts of H&S POWERSOLUTIONS?
H&S POWERSOLUTIONS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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