KEY MUSIC
Open bankruptcyA bankruptcy procedure is open for KEY MUSIC according to publications in the Belgian Official Gazette. The trustee is Peter Vercraeye.
Summary
The file additionally contains 2 interim measures and 1 judicial reorganisation. The 2021 annual accounts show negative equity (-€135,845) and a net result of -€1.6m.
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 28 September 2022 · trustee Peter Vercraeye · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Supervising judge
- Leen Vandecruys
- Official Gazette
- 05-10-2022search the document for 2022/135144
Deadlines
- Provisional date payments stopped
- 28 September 2022A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 20 October 2022That 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 28 October 2022art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 25 November 2022Reclaim 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 28 September 2023A 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
- Peter VercraeyeBritselei 76, 2000 Antwerpen 1peter.vercraeye@advoteam.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- 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.
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.
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.
Embed in an article
Embed the KEY MUSIC company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 20-05-1992
- Activity
- Retail sale of other cultural and recreation goods NACE 47690
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2021
- Establishment units
- 2.058.030.786 9000 Gent, since 23-10-1997
- 2.180.785.276 1000 Brussel, since 01-10-2009and 3 others
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
Shareholders
- Key Holder Holding BVconsolidatesannual accounts 2021
- Holdings
- Shares in 1 company RUDY'S MUSIC SHOP
Financial position
No score
Annual accounts 2021
- Turnover
- €16.1m
- ▼ 9.3%
- Loss
- €1.6m
- Equity
- -€135,845
- Total assets
- €7.0m
- ▲ 6.4%
- Employees on 31-12-2021
- 51
Key points
- Caution: From profit to loss in 2021after a profit of €166,681 in 2020 -€1.6m View
Recent changes
- · Bankruptcy Bankruptcy declaredEnterprise Court of Antwerp, Antwerp division · judgment of 28-09-2022
- · Judicial reorganisation Judicial reorganisation openedEnterprise Court of Antwerp · collective agreement · judgment of 04-08-2022
- · Interim measure Provisional administratorEnterprise Court of Ghent · interim administrator: Kenny Marien · judgment of 25-07-2022
Key facts about KEY MUSIC
- What is the company number of KEY MUSIC?
- The company number of KEY MUSIC is 0447.439.719. The VAT number is the same number with BE in front: BE 0447.439.719.
- Where was KEY MUSIC based?
- The last known address of the registered office is Kempischdok-Westkaai 101, 2000 Antwerpen.Company details
- What does KEY MUSIC do?
- According to the KBO register, the main activity is retail sale of other cultural and recreation goods (NACE 47690).
- What is the legal form of KEY MUSIC?
- The legal form of KEY MUSIC is Public limited company (NV).
- When was KEY MUSIC founded?
- KEY MUSIC was founded on 20-05-1992.
- Is KEY MUSIC still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did KEY MUSIC have?
- KEY MUSIC had an average of 48.4 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does KEY MUSIC fall under?
- In its 2021 annual accounts, KEY MUSIC states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of KEY MUSIC?
- The turnover of KEY MUSIC was €16.1m in financial year 2021, according to the filed annual accounts.
- Is KEY MUSIC profitable?
- In financial year 2021, KEY MUSIC made a loss of €1.6m.
- Where can I find the annual accounts of KEY MUSIC?
- KEY MUSIC filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2021.
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 retail sale of other cultural and recreation goods sector is doing.Sector figures