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MIDEL DESIGN

Open bankruptcy
Public limited companyfounded 1984Nijverheidsweg 15, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0425.185.642

A bankruptcy procedure is open for MIDEL DESIGN according to publications in the Belgian Official Gazette. The trustee is Andy Beeckwee.

Summary

The 2017 annual accounts show negative equity (-€136,043) and a net result of -€193,638.

MIDEL DESIGNOpen bankruptcy

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

Declared bankrupt on 27 August 2018 · trustee Andy Beeckwee · a claim can no longer be filed

Creditor guide for this company

The procedure

Court
Commercial Court of Ghent, Ghent division
Supervising judge
Paul Van Houtte
Official Gazette
05-09-2018search the document for 2018/135719

Deadlines

Provisional date payments stopped
27 August 2018A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 20 September 2018That 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 26 September 2018art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 4 October 2018Reclaim 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 27 August 2019A 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

  • Andy BeeckweeRijsenbergstraat 148, 9000 Genta.beeckwee@portelio.be

Steps for a creditor

  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.

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.

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Overview

Official details

Source: KBO
Status
Open bankruptcy registered since 10-01-1984
Activity
Manufacture of furniture NACE 31001and 2 others
Establishment unit
2.023.730.202 9820 Merelbeke-Melle, since 01-02-1984
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

No score
Annual accounts 2017
Gross margin
€188,489
▼ 46.5%
Turnover
≈ €480,000
estimated
Loss
€193,638
Equity
-€136,043
Total assets
€500,917
▼ 12.3%
Staff
7.2 FTE
▼ 4.0%

Key points

  • Caution: From profit to loss in 2017after a profit of €18,198 in 2016 -€193,638 View

Recent changes

  1. · Bankruptcy Bankruptcy declaredCommercial Court of Ghent, Ghent division · judgment of 27-08-2018
  2. · Gazette deed End & cessationthe last of 2 publications under the heading End
All 14 events

Key facts about MIDEL DESIGN

What is the company number of MIDEL DESIGN?
The company number of MIDEL DESIGN is 0425.185.642. The VAT number is the same number with BE in front: BE 0425.185.642.
Where was MIDEL DESIGN based?
The last known address of the registered office is Nijverheidsweg 15, 9820 Merelbeke-Melle.Company details
What does MIDEL DESIGN do?
According to the KBO register, the main activity is manufacture of furniture (NACE 31001).
What is the legal form of MIDEL DESIGN?
The legal form of MIDEL DESIGN is Public limited company (NV).
When was MIDEL DESIGN founded?
MIDEL DESIGN was founded on 10-01-1984.
Is MIDEL DESIGN still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did MIDEL DESIGN have?
MIDEL DESIGN had an average of 7.2 full-time equivalents in financial year 2017, according to the filed annual accounts.Financials
What is the turnover of MIDEL DESIGN?
The turnover in financial year 2017 is ≈ €480,000. This figure is estimated from the gross margin of €188,489 and 1,647 comparable companies of the same size. It probably lies between €290,000 and €900,000. It is a rough estimate.
Is MIDEL DESIGN profitable?
In financial year 2017, MIDEL DESIGN made a loss of €193,638.
Where can I find the annual accounts of MIDEL DESIGN?
MIDEL DESIGN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2017.

Next steps

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