You shouyld know Guvnor that under belgian law a bankruptcy does not allow the creditors to just walk in and take whatever they want.
After a bankruptcy the management is replaced by what is called a curator.
His main task is to sell all assets of the company to compensate for its depts, but unlike in other countries he also has to take into account the interests of the employees as well. A scenario where for instance ryanair would buy DAT just to close it down is legally impossible in Belgium, even if they would like to pay 10 times as much as the new investors will do.