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Sidaplax

Open bankruptcy
General partnershipfounded 1957Eddastraat 40, 9042 Gent, BelgiumKBO/BCE: BE 0401.087.377

A bankruptcy procedure is open for Sidaplax according to publications in the Belgian Official Gazette; trustee: Geert Defreyne.

Summary

The 2023 annual accounts show equity of €1.7m and a net result of -€3.8m.

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SidaplaxOpen bankruptcy
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Open bankruptcy Source: Belgian Official Gazette

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.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
11 February 2025
Supervising judge
Peter Broos
Official Gazette
27-02-2025 (pdf) ↗search the document for 2025/108529

Deadlines

Provisional date payments stopped
31 January 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 13 March 2025art. XX.104 and XX.155, Code of Economic Law
Appeal or third-party opposition until
passed on 14 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
First verification report
passed on 18 March 2025Reclaim 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 11 February 2026A 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

  • Geert DefreyneKortrijksesteenweg 361, 9000 Gentgdf@defreyne-degryse.be

What to do now

  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.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file 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 industrial chemicals
NACE 46851
1 site
Size
€22.3mturnover 2023
Staff
46.8 FTE
Equity
€1.7m
Loss
-€3.8m
Financial health
Open bankruptcy: no score
Structure
Parent
Plastic Suppliers
6 of 28 deeds summarised
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2023 was due by 31-05-2024 and was filed on 30-05-2024, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
1 day early
2022
14 days early
2021
1 day early
2020
13 days early
2019
31 days early
2018
19 days late
2017
37 days 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 11 days before the deadline; the sector median (NACE 46) for financial year 2023 is 2 days before the deadline, and 40% 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, Ghent…
  2. Reappointments: Michael DuFrayne (manager) and Robert…Gazette deed
  3. Permanent representative: Yvan WillemsGazette deed

Key points

  • Risk: Declared bankrupttrustee: Geert Defreyne 11-02-2025 View
  • Caution: Result fell in 2023from -€1.2m to -€3.8m ▼ 208% View
  • Controlled by Plastic Suppliers parent View

By topic

Financials

Financial year
2023
Turnover
€22.3m
Loss
-€3.8m
Solvency
16.3%
Turnover▼ 42.4%
Net result
20182023
Go to Financials

Board & ownership

Board
3 members
Parent
Plastic Suppliers
  • Jacques GeijsenManaging director
  • Michael DuFrayneManager
  • Robert Peter Kiep IIIManager
Go to Board & ownership

Timeline

Events
56
Since
1978
  1. 14-08-2024Appointment: Jacques Geijsen (manager)
  2. 02-08-2024Amendment of the articles
  3. 30-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
General partnership
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
28-06-1957
Year ends
31-10
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
12
Who signs
Two managers jointly
Annual meeting
Third Wednesday of February at 10:00
Purpose
“Alle produkten,die verband houden met de chemische industrie,en meer bepaald met de…” (deed in Dutch)
Go to Articles of association

Key facts about Sidaplax

What is the company number of Sidaplax?
0401.087.377. In Belgium the VAT number is the company number with BE in front: BE 0401.087.377.
Where was Sidaplax based?
The last known address of the registered office is Eddastraat 40, 9042 Gent.Company details
What does Sidaplax do?
According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
What is the legal form of Sidaplax?
General partnership (VOF).
When was Sidaplax founded?
On 28-06-1957.
Is Sidaplax still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did Sidaplax have?
On average 46.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Sidaplax?
€22.3m in financial year 2023, according to the filed annual accounts.
Is Sidaplax profitable?
In financial year 2023, Sidaplax made a loss of €3.8m.
Where can I find the annual accounts of Sidaplax?
Sidaplax filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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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 industrial chemicals sector doing?Sector figures

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