Hyperion forcibly deleted from Belgium's company register

Post your Amiga related public announcements here. Maybe an Amiga show is coming up or similar.
Forum rules
This is an open forum. Everything said here can be read by everyone.

Hyperion forcibly deleted from Belgium's company register

Postby clint » Fri Mar 16, 2018 2:32 pm

http://www.amiga-news.de/en/news/AN-201 ... 28-EN.html

Hyperion forcibly deleted from Belgium's company register
Belgium-based companies are required to register in Belgium's official company register (KBO, Kruispuntbank van Ondernemingen) and to update their entry in that database if the company's address or key personnel changes. To keep the registration active, a company also has to file annual reports for each fiscal year with the "Central Balance Sheet Office" of the Belgian National Bank.

Hyperion Entertainment - the company responsible for the development of AmigaOS 4, that had temporarily been declared bankrupt in early 2015 - apparently failed to comply with the latter requirement by not filing any reports for the last three years. As a result, they were forcibly deleted from the KBO back in October. The change was announced in one of the October issues of Belgium's legal newsletter and can be verified in the online database of the KBO.

Hyperion still exists as an entity, but according to our research (automated translation of a Dutch explanation), having no active registration with the KBO severely restricts a company's ability to do business:

the company is banned from any commercial activities, i.e. selling goods or services
the company is currently unable to file any claims in a Belgian court: claims from unregistered entities are not admissible in Belgian courts

Hyperion can have the deletion from the registry annulled by supplying the missing annual reports to the Belgian National Bank. (cg)

[News message: 15. Mar. 2018, 18:07] [Comments: 0]
[Send via e-mail] [Print version] [ASCII version]
clint
 
Posts: 9
Joined: Sat Jun 18, 2011 1:23 pm

Re: Hyperion forcibly deleted from Belgium's company registe

Postby clint » Thu Aug 09, 2018 11:43 am

http://www.amiga-news.de/en/news/AN-201 ... 11-EN.html

08.Aug.2018



Hyperion added back to Belgium's company register
In October 2017 Hyperion was forcibly removed from Belgium's official company register (KBO, Kruispuntbank van Ondernemingen) for failing to file annual reports for each fiscal year with the 'Central Balance Sheet Office' of the Belgian National Bank. Hyperion has now filed these missing reports, which means they're listed as a regular company again.

According to the reports now filed (PDF: 2015, 2016, 2017), Hyperion's main assets are unidentified "intangible assets" listed with a value of about 110.000 Euro in 2015. Due to write-downs of about 36.000 Euros in every fiscal year, this property will be valued slightly above 1000 Euros at the end of 2018.

The other side of the balance lists debts of nearly 600.000 Euro, of which about 90% are short term loans - "op ten hoogste één jaar", which translates to: "payable within a year". All three reports since Hyperion's temporary bankruptcy in February 2015 show a negative income.

Note from the staff:

The original versions of the PDF files linked above can be found at the Central Balance Sheet of the National Bank of Belgium by searching for company number 0466.380.552. As far as we can tell, these reports do not have to be verified by an independent entity. (cg) (Translation: cg)
clint
 
Posts: 9
Joined: Sat Jun 18, 2011 1:23 pm


Return to Public Announcements

Who is online

Users browsing this forum: No registered users and 1 guest