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SUMMERFESTIVAL

Open bankruptcy
Private limited company (pre-2019)founded 2009Beukenlaan 12, 2020 Antwerpen, Belgium10 active companies are registered at this addressKBO/BCE: BE 0809.990.283
Summary

A bankruptcy procedure is open for SUMMERFESTIVAL according to publications in the Belgian Official Gazette. The 2020 annual accounts show negative equity (-€579,745) and a net result of €25,130.

SUMMERFESTIVALOpen bankruptcy

Are you a creditor?

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 Antwerp, Antwerp division
Declared bankrupt
3 May 2022
Supervising judge
Thomas Saverys
Official Gazette
09-05-2022 (pdf) ↗search the document for 2022/116586

Deadlines

Provisional date payments stopped
3 May 2022A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 24 May 2022Fifteen 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 2 June 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 1 July 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 3 May 2023A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Thomas DebaeneKoninklijke Laan 60, 2600 Berchem (Antwerpen)thomas.debaene@gvgadvocaten.be
  • Erik GreeveKoninklijkelaan 60, 2600 Berchem (Antwerpen)erik.greeve@gvgadvocaten.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
Promotion and organisation of arts and performing arts events
NACE 90391
1 site
Size
€110,612total assets 2020
Equity
-€579,745
Profit
€25,130
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 10 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow 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 · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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
2020
31 days late
2019
139 days late
2018
47 days late
2017
31 days late
2015
39 days late
2014
11 days early
2013
2 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 39 days after the deadline; the sector median (NACE 90) for financial year 2020 is 2 days before the deadline, and 45% 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 Antwerp, Antwerp…
  2. Annual accounts filedfinancial year 2020 · abbreviated…
  3. Back to profitnet €25,130

Key points

  • Risk: Declared bankrupttrustee: Thomas Debaene 03-05-2022 View
  • Positive: Back in profit in 2020after -€341,520 in 2019 €25,130 View
  • Total assets 20203 financial years filed €110,612 View

By topic

Financials

Financial year
2020
Total assets
€110,612
Profit
€25,130
Solvency
-524.1%
Total assets▼ 64.1%
Net result
20182020
Go to Financials

Timeline

Events
13
Since
2010
  1. 17-12-2020Annual accounts filed
  2. 31-12-2019Weakest financial year
  3. 16-09-2019Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Promotion and organisation of arts and performing arts…NACE 90391
Founded
23-02-2009
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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