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A. DE GROTE

Bankruptcy closed
Private limited company (pre-2019)KBO/BCE: BE 0597.911.562

Inactive since 30-05-2026; last annual accounts for financial year 2019.

Summary

A. DE GROTE was declared bankrupt on 09-05-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 26-05-2026, published in the Belgian Official Gazette on 03-06-2026.

A. DE GROTEBankruptcy closed

Overview

Activity
Activity not known
Size
€258,282turnover 2019
Equity
€55,821
Profit
€33,406
Financial health
Bankruptcy closed: no score
Structure
7 deeds in the Belgian Official Gazette
Signalsraises riskBankruptcy closedShow the evidence

Signals

1 signal.
raises risk
raises risk · Bankruptcy closed
The Belgian Official Gazette published the closure of the bankruptcy. The latest notice is dated 03-06-2026. The registration has since been removed from the register.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Bankruptcy closure (by liquidation)Enterprise Court of Brussels ·…
  2. OpeningEnterprise Court of Brussels ·…
  3. Judicial dissolution, liquidator appointedEnterprise Court of Brussels ·…

Financials · financial year 2019, micro format

2019 annual accounts filed late (164 days) Filed on 11 January 2021, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2021-00900517.

Turnover
€258,282▲ 54.3%
2018 · €167,377
EBIT margin
19.7%▲ 9.0pp
2018 · 10.7%
Net result
€33,406▲ 89.4%
2018 · €17,641
Working capital
€54,070▲ 141%
2018 · €22,415
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result rises in 2019; 2019 is 184% above 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€258,282 2019 Operating result€50,937 2019 Net result€33,406 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Turnover€167,377-€258,282▲ 54.3%
Operating result€17,913-€50,937▲ 184%
Net result€17,641-€33,406▲ 89.4%
EBIT margin10.7%-19.7%▲ 9.0pp
Equity€22,415-€55,821▲ 149%
Total assets€45,026-€77,489▲ 72.1%
Debt€22,611-€21,668▼ 4.2%
Working capital€22,415-€54,070▲ 141%
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €77,489
Fixed assets €1,751
Current assets €75,738
Equity and liabilities €77,489
Equity €55,821 ▲ 149%
Debt €21,668 ▼ 4.2%
Debt's share of the balance-sheet total falls from 50.2% to 28.0%. Equity is higher and debt is lower.
Key figures and ratios
2019 value · change against 2018
EBITDA
€51,262
Cash flow
€33,731
Current ratio
3.50▲
2018 · 1.99
ROE
59.8%▼
2018 · 78.7%
ROA
43.1%▲
2018 · 39.2%
Debt ≤ 1 year
€21,668▼
2018 · €22,611
Income taxes
€16,476
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 23 lines
Balance sheet Code20182019
Assets
Total assets20/58€45,026€77,489▲
Fixed assets21/28-€1,751
Tangible fixed assets22/27€0€1,751▲
Current assets29/58€45,026€75,738▲
Amounts receivable within one year40/41€45,016€53,672▲
Cash at bank and in hand54/58€10€22,066▲
Equity and liabilities
Total equity and liabilities10/49€45,026€77,489▲
Equity10/15€22,415€55,821▲
Contributions10/11€4,060€14,060▲
Reserves13€450€9,450▲
Profit (loss) carried forward14€17,905€32,311▲
Amounts payable17/49€22,611€21,668▼
Amounts payable within one year42/48€22,611€21,668▼
Trade debts44€22,611€8,897▼
Income statement Code20182019
Turnover70€167,377€258,282▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€325
Gross operating margin9900€19,199€54,064▲
Operating profit (loss)9901€17,913€50,937▲
Recurring financial charges65€272€1,055▲
Profit (loss) for the period before taxes9903€17,641€49,882▲
Income taxes67/77-€16,476
Profit (loss) for the period9904€17,641€33,406▲
Profit (loss) for the period to be appropriated9905€17,641€33,406▲
Line20182019Change
Turnover70€167,377€258,282▲ 54.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€325-
Gross operating margin9900€19,199€54,064▲ 182%
Operating profit (loss)9901€17,913€50,937▲ 184%
Recurring financial charges65€272€1,055▲ 288%
Profit (loss) for the period before taxes9903€17,641€49,882▲ 183%
Income taxes67/77-€16,476-
Profit (loss) for the period9904€17,641€33,406▲ 89.4%
Profit (loss) for the period to be appropriated9905€17,641€33,406▲ 89.4%
Line20182019Change
Assets
Total assets20/58€45,026€77,489▲ 72.1%
Fixed assets21/28-€1,751-
Tangible fixed assets22/27€0€1,751-
Current assets29/58€45,026€75,738▲ 68.2%
Amounts receivable within one year40/41€45,016€53,672▲ 19.2%
Cash at bank and in hand54/58€10€22,066▲ 2,207×
Equity and liabilities
Total equity and liabilities10/49€45,026€77,489▲ 72.1%
Equity10/15€22,415€55,821▲ 149%
Contributions10/11€4,060€14,060▲ 246%
Reserves13€450€9,450▲ 21×
Profit (loss) carried forward14€17,905€32,311▲ 80.5%
Amounts payable17/49€22,611€21,668▼ 4.2%
Amounts payable within one year42/48€22,611€21,668▼ 4.2%
Trade debts44€22,611€8,897▼ 60.7%
Line20182019Change
Profit (loss) for the period9904€17,641€33,406▲ 89.4%
+ Depreciation and write-downs630-€325-
Operating cash flow (approximation)€17,641€33,731▲ 91.2%
Change in cash-€22,056-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2019 micro format 11-01-2021 2021-00900517
31-12-2018 micro format 09-12-2020 2020-75100220
31-12-2017 micro format 17-05-2019 2019-13700074
31-12-2016 abbreviated format 09-12-2020 2020-75100225
31-12-2015 abbreviated format 09-12-2020 2020-75100222

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Patrick Schruers
Luchthavenlaan 27 Bus 38, 1800 Vilvoorde
09-05-2023 → 26-05-2026

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

A. DE GROTE has filed 5 sets of annual accounts, the latest for financial year 2019.1 On 9 May 2023 the company was declared bankrupt; the bankruptcy was closed on 26 May 2026.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian Official Gazette, 16-05-2023
  3. 3Belgian Official Gazette, 03-06-2026

Acts, filings and financial milestones

2026
03-06
Bankruptcy Bankruptcy closure (by liquidation)
Enterprise Court of Brussels · judgment of 26-05-2026
2023
16-05
Bankruptcy Opening
Enterprise Court of Brussels · judgment of 09-05-2023
2022
28-10
Bankruptcy Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · judgment of 26-01-2021
23-06
Bankruptcy Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · liquidator: Schruers Patrick · judgment of 16-06-2022
2021
11-01
NBB filing Annual accounts filed
financial year 2019 · micro format · 164 days late
2020
09-12
NBB filing Annual accounts filed
financial year 2018 · micro format · 497 days late
09-12
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 1227 days late
09-12
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 1592 days late
08-12
Bankruptcy Judicial dissolution and immediate closure
Enterprise Court of Brussels · judgment of 27-11-2020
2019
17-05
NBB filing Annual accounts filed
financial year 2017 · micro format · 290 days late
SignalNBB filing
0 of 7 deeds read
About the unread acts

We know of 7 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.
Inactive

Inactive since May 2026

A. DE GROTE has not been in the KBO register since 30 May 2026.

Status
Inactiveout of the register since 30 May 2026
Reason
Opening faillissement
Last annual accounts
financial year to 31 December 2019
Last registered office
Grenstraat 166 , Bus 3, 1970 Wezembeek-Oppemas published on 11 May 2022
Legal form
Private limited company (pre-2019)
Active since
12 February 2015
Official KBO record

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Schaarbeek
exact location from the address register On OpenStreetMap
Ground area
138 m²
Building footprint
77 m²
Building volume
935 m³
Parcel 21910E0200/00S000, Brussels · tallest building 16.6 m. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21910E0200/00S000 Brussels 138 m² 1 · 77 m² 16.6 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.