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A.M. Classics

Open bankruptcy
Private limited company (pre-2019)founded 2015Industrielaan 5, 2950 Kapellen, BelgiumKBO/BCE: BE 0633.911.826

A bankruptcy procedure is open for A.M. Classics according to publications in the Belgian State Gazette; curator: STéPHANE VAN MOORLEGHEM.

Summary

The 2019 annual accounts show negative equity (-€50,312) and a net result of -€34,013.

A.M. ClassicsOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
26 October 2023
Supervising judge
Bart Van Zele
Official Gazette
07-11-2023 (pdf) ↗search the document for 2023/142043

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

A.M. Classics was incorporated on 16 July 2015.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2019.2 On 26 October 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 07-11-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2019, micro schema

Equity
-€50,312▼ 209%
2018 · -€16,299
Total assets
€80,867▼ 4.0%
2018 · €84,194
Net result
-€34,013
2018 · €17,421
Working capital
€68,139▲ 35.4%
2018 · €50,310
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€17,692--€33,675
Net result€17,421--€34,013
Equity-€16,299--€50,312▼ 209%
Total assets€84,194-€80,867▼ 4.0%
Debt€100,493-€131,179▲ 30.5%
Working capital€50,310-€68,139▲ 35.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €17,692€17,692Net result 2018: €17,421€17,421Operating result 2019: -€33,675-€33,675Net result 2019: -€34,013-€34,01320182019-€40,000-€20,000€0€20,000Operating result 2018: €17,692€17,700Net result 2018: €17,421€17,400Operating result 2019: -€33,675-€33,700Net result 2019: -€34,013-€34,00020182019
The operating result turns negative in 2019: a loss of €33,675 after €17,692 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €80,867
Fixed assets €4,205 ▼ 44.1%
Current assets €76,662 =
Key figures and ratios
2019 value · change against 2018
EBITDA
-€30,361▼
2018 · €21,385
Cash flow
-€30,699▼
2018 · €21,114
Solvency
-62.2%▼
2018 · -19.4%
Current ratio
8.99▲
2018 · 2.91
Quick ratio
2.94▲
2018 · 0.95
Debt to equity
-1.54▲
2018 · -2.71
ROA
-42.1%▼
2018 · 20.7%
Debt ≤ 1 year
€8,523▼
2018 · €26,366
Debt > 1 year
€77,656▲
2018 · €44,127
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€84,194€80,867▼
Fixed assets21/28€7,518€4,205▼
Tangible fixed assets22/27€7,518€4,205▼
Current assets29/58€76,676€76,662=
Stocks and contracts in progress3€51,613€51,613=
Amounts receivable within one year40/41€22,162€12,120▼
Cash at bank and in hand54/58€2,900€12,929▲
Equity and liabilities
Total equity and liabilities10/49€84,194€80,867▼
Equity10/15-€16,299-€50,312▼
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€66,299-€100,312▼
Amounts payable17/49€100,493€131,179▲
Amounts payable after more than one year17€44,127€77,656▲
Amounts payable within one year42/48€26,366€8,523▼
Trade debts44€23,576€6,871▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,693€3,314▼
Gross operating margin9900€22,014-€30,265▼
Operating profit (loss)9901€17,692-€33,675▼
Recurring financial income75€123€44▼
Recurring financial charges65€394€381▼
Profit (loss) for the period before taxes9903€17,421-€34,013▼
Profit (loss) for the period9904€17,421-€34,013▼
Profit (loss) for the period to be appropriated9905€17,421-€34,013▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,693€3,314▼ 10.3%
Gross operating margin9900€22,014-€30,265▼ 237%
Operating profit (loss)9901€17,692-€33,675▼ 290%
Recurring financial income75€123€44▼ 64.4%
Recurring financial charges65€394€381▼ 3.1%
Profit (loss) for the period before taxes9903€17,421-€34,013▼ 295%
Profit (loss) for the period9904€17,421-€34,013▼ 295%
Profit (loss) for the period to be appropriated9905€17,421-€34,013▼ 295%
Line20182019Change
Assets
Total assets20/58€84,194€80,867▼ 4.0%
Fixed assets21/28€7,518€4,205▼ 44.1%
Tangible fixed assets22/27€7,518€4,205▼ 44.1%
Current assets29/58€76,676€76,662=
Stocks and contracts in progress3€51,613€51,613=
Amounts receivable within one year40/41€22,162€12,120▼ 45.3%
Cash at bank and in hand54/58€2,900€12,929▲ 346%
Equity and liabilities
Total equity and liabilities10/49€84,194€80,867▼ 4.0%
Equity10/15-€16,299-€50,312▼ 209%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€66,299-€100,312▼ 51.3%
Amounts payable17/49€100,493€131,179▲ 30.5%
Amounts payable after more than one year17€44,127€77,656▲ 76.0%
Amounts payable within one year42/48€26,366€8,523▼ 67.7%
Trade debts44€23,576€6,871▼ 70.9%
Line20182019Change
Profit (loss) for the period9904€17,421-€34,013▼ 295%
+ Depreciation and write-downs630€3,693€3,314▼ 10.3%
Operating cash flow (approximation)€21,114-€30,699▼ 245%
Investment in fixed assets (approximation)--€0-
Change in cash-€10,029-

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

Timeline · acts, filings and financial milestones

2023
07-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-10-2023
2021
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 181 days late
2019
31-12
Financial Liquidity triplescurrent ratio 8.99
Current ratio from 2.91 to 8.99; short-term debt falls from €26,366 to €8,523.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State 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.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
4,627 m²
Volume, LiDAR
26,631 m³
Parcel 11023K0007/00H033, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
A.M. Classics
Industrielaan 5, 2950 KapellenNACE 4511101
since 20152.248.290.348
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11023K0007/00H033 Flanders 1.7 ha 1 · 4,627 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator STéPHANE VAN MOORLEGHEM
MECHELSE- STEENWEG 271/8.1, 2018 ANTWERPEN 1
26-10-2023 → present

Similar companies · same sector, comparable size

Of 1,127 companies in sector 47830 we hold annual accounts for 467. 62 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47791Retail sale of antiques
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0633911826
Registered 18-06-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.