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Music Electronics

Open bankruptcy
Private limited companyfounded 1983Klokkengieterijstraat 21, 9160 Lokeren, BelgiumKBO/BCE: BE 0423.973.934

A bankruptcy procedure is open for Music Electronics according to publications in the Belgian Official Gazette; trustee: Björn Goessens.

Summary

The 2022 annual accounts show negative equity (-€370,163) and a net result of -€50,611.

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Music ElectronicsOpen bankruptcy
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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 Ghent, Dendermonde division
Declared bankrupt
2 March 2026
Supervising judge
Tania De Neef
Official Gazette
06-03-2026 (pdf) ↗search the document for 2026/109348

Deadlines

Provisional date payments stopped
2 March 2026A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 21 March 2026Fifteen 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 1 April 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 10 April 2026Reclaim 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
2 March 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

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, subject to 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; once a deadline has passed, it is too late for that step.

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
Wholesale of other household goods
NACE 46499
1 site
Size
€212,861total assets 2022
Equity
-€370,163
Loss
-€50,611
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
  • Van de Velde HervéDirector
Signalsraises riskOpen bankruptcy2022 accounts filed 30 days lateShow the evidence

Signals

Two signals.
raises risk
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
raises risk · 2022 accounts filed 30 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2024
not filed
2023
not filed
2022
30 days late
2021
31 days late
2020
89 days late
2019
91 days late
2018
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 54 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 Ghent, Dendermonde…
  2. Resignation: Van de Velde Hervé (manager)Appointment: Van de Velde Hervé…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Declared bankrupttrustee: Björn Goessens 02-03-2026 View
  • One director decidessole director in office 1 View
  • Total assets 20225 financial years filed €212,861 View

By topic

Financials

Financial year
2022
Total assets
€212,861
Loss
-€50,611
Solvency
-173.9%
Total assets▼ 15.4%
Net result
20182022
Go to Financials

Timeline

Events
42
Since
1985
  1. 31-08-2022Annual accounts filed
  2. 28-10-2021Annual accounts filed
  3. 31-12-2020Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other household goodsNACE 46499
Founded
26-09-1983
Year ends
31-12
Peppol
Still in the Peppol directory
Go to Company details

Key facts about Music Electronics

What is the company number of Music Electronics?
0423.973.934. In Belgium the VAT number is the company number with BE in front: BE 0423.973.934.
Where was Music Electronics based?
The last known address of the registered office is Klokkengieterijstraat 21, 9160 Lokeren.Company details
What does Music Electronics do?
According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
What is the legal form of Music Electronics?
Private limited company (BV).
When was Music Electronics founded?
On 26-09-1983.
Is Music Electronics still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did Music Electronics have?
On average 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Music Electronics?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Music Electronics profitable?
In financial year 2022, Music Electronics made a loss of €50,611.
Where can I find the annual accounts of Music Electronics?
Music Electronics filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Companies related to Music Electronics

Go further with this company

What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the wholesale of other household goods sector doing?Sector figures

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