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NEPTUNUS

Bankruptcy
Private limited company (pre-2019)founded 1988Amandinestraat 9, 8400 Oostende, BelgiumKBO/BCE: BE 0433.460.831
Summary

The KBO register currently lists the legal status of NEPTUNUS as open bankruptcy, with no start date. The 2017 annual accounts show negative equity (-€239,637) and a net result of -€540,512.

NEPTUNUSBankruptcy

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
Enterprise Court of Ghent, Bruges division
Opened
14 December 2018
Track
Reorganisation by transfer under court supervision
Docket number
20180035
Moratorium until
8 March 2019 (passed; an extension would be in a later judgment)
Delegated judge
Marleen Hoste
Official Gazette
20-12-2018 (pdf) ↗search the document for 2018/153825

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it; creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. 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.

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 trade
NACE 46323
1 site
Size
€1.5mtotal assets 2017
Staff
15 FTE
Equity
-€239,637
Loss
-€540,512
Turnover not published (abbreviated format)Net result -213%: 12-month year
Financial health
Bankruptcy: no score
Structure
2 deeds in the Belgian Official Gazette
Signalsraises riskRegister: open bankruptcyIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2017 was due by 30-04-2018 and was filed on 27-04-2018, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2017
3 days early
2016
17 days early
2015
34 days early
2014
23 days early
2013
35 days early
2012
21 days early
2011
1 day 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 19 days before the deadline; the sector median (NACE 46) for financial year 2017 is 6 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. ExtensionEnterprise Court of Ghent, Bruges…
  2. Transfer under judicial authorityCommercial Court of Ghent ·…
  3. Annual accounts filedfinancial year 2017 · abbreviated…

Key points

  • Risk: In judicial reorganisationtrustee not known 14-12-2018 View
  • Result fell in 201712-month financial year ▼ 213% View
  • Total assets 20175 financial years filed €1.5m View

By topic

Financials

Financial year
2017
Total assets
€1.5m
Loss
-€540,512
Solvency
-16.0%
Total assets▼ 43.4%
Net result
20132017
Go to Financials

Timeline

Events
34
Since
1989
  1. 30-09-2017Weakest financial year
  2. 13-04-2017Annual accounts filed
  3. 30-09-2016Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale tradeNACE 46323
Founded
25-02-1988
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about NEPTUNUS

What is the company number of NEPTUNUS?
0433.460.831. In Belgium the VAT number is the company number with BE in front: BE 0433.460.831.
Where was NEPTUNUS based?
The last known address of the registered office is Amandinestraat 9, 8400 Oostende.Company details
What does NEPTUNUS do?
According to the KBO register, the main activity is wholesale trade (NACE 46323).
What is the legal form of NEPTUNUS?
Private limited company (pre-2019) (BVBA).
When was NEPTUNUS founded?
On 25-02-1988.
Is NEPTUNUS still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did NEPTUNUS have?
On average 15 full-time equivalents in financial year 2017, according to the filed annual accounts.Financials
What is the turnover of NEPTUNUS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NEPTUNUS profitable?
In financial year 2017, NEPTUNUS made a loss of €540,512.
Where can I find the annual accounts of NEPTUNUS?
NEPTUNUS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2017.

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