Beringen (Brussels Morning newspaper) – KVK Beringen declared bankruptcy on July 9, 2025, after major financial troubles, losing key sponsors in Jan 2025. Chairman Kristof Devries cited mismanagement. A planned sports complex is now cancelled.
As VRT News reported, the KVK Beringen, in the province of Limburg, Belgium, decided to declare bankruptcy because they were in big financial trouble and couldn’t find a way to fix it. Even though KVK Beringen is shutting down, the club’s leaders want to make sure the change is easy for the players, especially the young ones who have been practising and playing. They’re talking to other local football clubs to find new teams for the young players.
They want to help the players keep improving and playing without problems. Parents will hear this week about where their kids can keep training and which clubs will take them. Because of the bankruptcy rules, the club can’t say anything else right now. A trustee will be chosen to handle the bankruptcy, and their name will be announced by the end of next week.
What led to KVK Beringen’s collapse and project halt?
In May 2025, KVK Beringen announced a plan to build a large sports complex on the De Motbemden estate, which was supposed to include 4 soccer fields, 9 padel tennis courts, and a sports hall, with an opening planned for 2026. This announcement caused concern at City Hall because no formal permit applications had been submitted, and the city hadn’t received detailed documentation about the plans.
The local authorities were not confident that they could do something that big, especially when factoring in the financial turmoil that has now appeared. Now that the bankruptcy is official, that grand project will not be moving forward. The future of the proposed complex may now be determined by decisions made by the appointed trustee, but many expect the plans to be indefinitely postponed.
On June 30th, 2025, the club looked at all the options, like changing how they handled money or finding new investors, but nothing worked. On July 9th, 2025, the board agreed that bankruptcy was the only choice. The new chairman, Kristof Devries, said he didn’t know how bad things were when he started. He said that problems kept getting worse.
In January 2025, the club lost a big sponsor, and then others left too. Furthermore, they also discovered concerns in the way they processed the payroll and other paperwork that exacerbated the financial challenges. The club’s troubles had been in play for years as it stemming from years of being inattentive to financial issues as well as poor planning.
According to officials, the main team had been losing money for a while, but they didn’t try hard to cut costs or make more money. The way they kept track of money was old and not dependable. They also didn’t invest in young players or improve their facilities.
They tried to team up with other clubs or get outside money, but nothing worked because the club wasn’t stable and didn’t have a clear plan. In the end, all the bad choices, missed chances, and money mismanagement left the board with no choice but to declare bankruptcy.
