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UCG Properties

Open bankruptcy
Public limited companyfounded 2017KBO/BCE: BE 0671.881.881

A bankruptcy procedure is open for UCG Properties according to publications in the Belgian Official Gazette; trustee: Nick Peeters.

Summary

The 2019 annual accounts show negative equity (-€7.4m) and a net result of -€7.5m.

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UCG PropertiesOpen 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 Antwerp, Antwerp division
Declared bankrupt
13 April 2023
Supervising judge
Peter De Vos
Official Gazette
26-04-2023 (pdf) ↗search the document for 2023/116220

Deadlines

Provisional date payments stopped
13 April 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 11 May 2023Fifteen 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 13 May 2023art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 June 2023Reclaim 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 13 April 2024A 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. 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
Development of residential building projects
NACE 68121
1 site
Size
€596,930total assets 2019
Equity
-€7.4m
Loss
-€7.5m
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
3 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
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
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 2019 · micro…
  3. Annual accounts filedfinancial year 2018 · micro…

Key points

  • Risk: Declared bankrupttrustee: Nick Peeters 13-04-2023 View
  • Caution: Result fell in 2019from -€12,652 to -€7.5m ▼ 58,851% View
  • Total assets 20192 financial years filed €596,930 View

By topic

Financials

Financial year
2019
Total assets
€596,930
Loss
-€7.5m
Solvency
-1241.1%
Total assets▼ 92.1%
Net result
20182019
Go to Financials

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
27-02-2017
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about UCG Properties

What is the company number of UCG Properties?
0671.881.881. In Belgium the VAT number is the company number with BE in front: BE 0671.881.881.
What does UCG Properties do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of UCG Properties?
Public limited company (NV).
When was UCG Properties founded?
On 27-02-2017.
Is UCG Properties still active?
A bankruptcy is running: a bankruptcy trustee manages the company.Company details
What is the turnover of UCG Properties?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is UCG Properties profitable?
In financial year 2019, UCG Properties made a loss of €7.5m.
Where can I find the annual accounts of UCG Properties?
UCG Properties filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2019.

Companies related to UCG Properties

Go further with this company

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 development of residential building projects sector doing?Sector figures

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