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AAAcare

Open bankruptcy
Non-profit associationfounded 2005Halingenstraat 76, 3806 Sint-Truiden, BelgiumKBO/BCE: BE 0876.342.045
Summary

A bankruptcy procedure is open for AAAcare according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (-€657,520) and a net result of -€108,375.

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, Hasselt division
Declared bankrupt
19 July 2023
Supervising judge
Hilde Claes
Official Gazette
26-07-2023 (pdf) ↗search the document for 2023/130193

Curators

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
57 d early
2019
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

AAAcare was incorporated on 28 September 2005.1 Revenue went from EUR 6.2 million in 2019 to EUR 6.1 million in 2021 and headcount from 101 full-time equivalents in 2018 to 100 in 2021.2 On 19 July 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2021
  3. 3Belgian State Gazette, 26-07-2023

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Turnover
€6.1m▼ 9.1%
2020 · €6.7m
EBIT margin
8.0%▼ 2.6pp
2020 · 10.6%
Net result
-€108,375
2020 · €111,542
Working capital
€722,770▲ 153%
2020 · €286,035
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
Line2018201920202021
Turnover€6.2m€6.7m▲ 8.1%€6.1m▼ 9.1%
Operating result€350,150-€446,365▲ 27.5%€713,130▲ 59.8%€488,252▼ 31.5%
Net result-€437,373--€368,258▲ 15.8%€111,542-€108,375
EBIT margin7.2%10.6%▲ 3.4pp8.0%▼ 2.6pp
Equity€677,526--€14,050-€225,827▼ 1,507%-€657,520▼ 191%
Total assets€17.4m-€17.0m▼ 2.2%€12.2m▼ 28.3%€12.9m▲ 5.4%
Debt€16.7m-€17.0m▲ 1.8%€12.4m▼ 27.0%€13.5m▲ 8.7%
Working capital€456,243--€133,495€286,035€722,770▲ 153%
Staff (FTE)101.1-100.4▼ 0.7%98.3▼ 2.1%100.3▲ 2.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000Operating result 2018: €350,150€350,150Net result 2018: -€437,373-€437,373Operating result 2019: €446,365€446,365Net result 2019: -€368,258-€368,258Operating result 2020: €713,130€713,130Net result 2020: €111,542€111,542Operating result 2021: €488,252€488,252Net result 2021: -€108,375-€108,3752018201920202021-€500,000€0€500,000Operating result 2019: €446,365€446,000Net result 2019: -€368,258-€368,000Operating result 2020: €713,130€713,000Net result 2020: €111,542€112,000Operating result 2021: €488,252€488,000Net result 2021: -€108,375-€108,000201920202021
The operating result falls in 2021; 2021 is 32% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €12.9m
Fixed assets €9.9m ▼ 0.8%
Current assets €3.0m ▲ 32.7%
Key figures and ratios
2021 value · change against 2020
EBITDA
€578,222▼
2020 · €812,048
Cash flow
-€18,405▼
2020 · €210,460
Solvency
-5.1%▼
2020 · -1.9%
Current ratio
1.32▲
2020 · 1.15
Quick ratio
1.31▲
2020 · 1.14
Debt to equity
-20.55▲
2020 · -45.28
ROA
-0.8%▼
2020 · 0.9%
Interest coverage
0.87▼
2020 · 1.23
Debt ≤ 1 year
€2.3m▲
2020 · €2.0m
Debt > 1 year
€11.0m▲
2020 · €10.2m
Income taxes
€1,299▲
2020 · €675
Staff costs
€5.3m
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 · 2021 against 2020 · 69 lines
Balance sheet Code20202021
Assets
Total assets20/58€12.2m€12.9m▲
Fixed assets21/28€9.9m€9.9m▼
Intangible fixed assets21€29,750€22,750▼
Tangible fixed assets22/27€9.9m€9.8m▼
Land and buildings22-€9.6m
Plant, machinery and equipment23-€49,545
Furniture and vehicles24-€117,955
Leasing and similar rights25-€32,000
Financial fixed assets28€8,372€9,037▲
Other financial fixed assets284/8-€9,037
Shares284-€525
Amounts receivable and cash guarantees285/8-€8,512
Current assets29/58€2.3m€3.0m▲
Stocks and contracts in progress3€18,657€12,151▼
Stocks30/36-€12,151
Raw materials and consumables30/31-€12,151
Amounts receivable within one year40/41€2.2m€2.9m▲
Trade receivables40-€791,857
Other amounts receivable41-€2.1m
Current investments50/53€2,253-
Cash at bank and in hand54/58€42,417€46,347▲
Deferred charges and accrued income490/1-€10,593
Equity and liabilities
Total equity and liabilities10/49€12.2m€12.9m▲
Equity10/15-€225,827-€657,520▼
Profit (loss) carried forward14-€4.1m-€4.2m▼
Investment grants15-€3.6m
Amounts payable17/49€12.4m€13.5m▲
Amounts payable after more than one year17€10.2m€11.0m▲
Financial debts170/4-€11.0m
Credit institutions173-€10.8m
Other loans174-€200,000
Amounts payable within one year42/48€2.0m€2.3m▲
Current portion of amounts payable after more than one year42-€167,498
Trade debts44€1.5m€302,621▼
Suppliers440/4-€302,621
Taxes, remuneration and social security45-€1.8m
Taxes450/3-€56,095
Remuneration and social security454/9-€1.7m
Accrued charges and deferred income492/3-€224,869
Income statement Code20202021
Operating income70/76A-€7.5m
Turnover70€6.7m€6.1m▼
Other operating income74-€1.4m
Non-recurring operating income76A-€18,322
Operating charges60/66A-€7.0m
Goods for resale, raw materials and consumables60-€659,127
Purchases600/8-€652,621
Change in stocks: decrease (increase)609-€6,505
Services and other goods61-€862,991
Remuneration, social security and pensions62-€5.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98,918€89,970▼
Other operating charges640/8-€64,980
Non-recurring operating charges66A-€32,940
Operating profit (loss)9901€713,130€488,252▼
Financial income75/76B-€73,430
Recurring financial income75€59,140€73,430▲
Income from current assets751-€73,430
Other financial income752/9-€0
Financial charges65/66B-€668,757
Recurring financial charges65€660,053€668,757▲
Debt charges650€659,023€667,096▲
Other financial charges652/9-€1,662
Profit (loss) for the period before taxes9903€112,217-€107,076▼
Income taxes67/77€675€1,299▲
Taxes670/3-€1,299
Profit (loss) for the period9904€111,542-€108,375▼
Profit (loss) for the period to be appropriated9905€111,542-€108,375▼
Appropriation of the result
Profit (loss) to be appropriated9906--€4.2m
Profit (loss) brought forward from the previous period14P--€4.1m
Social balance
Average headcount (FTE)9087-100.3

The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Operating income70/76A---€7.5m-
Turnover70-€6.2m€6.7m€6.1m▼ 9.1%
Other operating income74---€1.4m-
Non-recurring operating income76A---€18,322-
Operating charges60/66A---€7.0m-
Goods for resale, raw materials and consumables60---€659,127-
Purchases600/8---€652,621-
Change in stocks: decrease (increase)609---€6,505-
Services and other goods61---€862,991-
Remuneration, social security and pensions62---€5.3m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371,811€347,017€98,918€89,970▼ 9.0%
Other operating charges640/8---€64,980-
Non-recurring operating charges66A---€32,940-
Gross operating margin9900€5.6m----
Operating profit (loss)9901€350,150€446,365€713,130€488,252▼ 31.5%
Financial income75/76B---€73,430-
Recurring financial income75€40,742€36,956€59,140€73,430▲ 24.2%
Income from current assets751---€73,430-
Other financial income752/9---€0-
Financial charges65/66B---€668,757-
Recurring financial charges65€827,790€851,594€660,053€668,757▲ 1.3%
Debt charges650-€850,599€659,023€667,096▲ 1.2%
Other financial charges652/9---€1,662-
Profit (loss) for the period before taxes9903-€436,898-€368,273€112,217-€107,076▼ 195%
Income taxes67/77--€675€1,299▲ 92.5%
Taxes670/3---€1,299-
Profit (loss) for the period9904-€437,373-€368,258€111,542-€108,375▼ 197%
Profit (loss) for the period to be appropriated9905-€437,373-€368,258€111,542-€108,375▼ 197%
Line2018201920202021Change
Assets
Total assets20/58€17.4m€17.0m€12.2m€12.9m▲ 5.4%
Fixed assets21/28€15.3m€15.0m€9.9m€9.9m▼ 0.8%
Intangible fixed assets21--€29,750€22,750▼ 23.5%
Tangible fixed assets22/27€15.3m€15.0m€9.9m€9.8m▼ 0.8%
Land and buildings22---€9.6m-
Plant, machinery and equipment23---€49,545-
Furniture and vehicles24---€117,955-
Leasing and similar rights25---€32,000-
Financial fixed assets28€7,219€8,109€8,372€9,037▲ 7.9%
Other financial fixed assets284/8---€9,037-
Shares284---€525-
Amounts receivable and cash guarantees285/8---€8,512-
Current assets29/58€2.1m€2.0m€2.3m€3.0m▲ 32.7%
Stocks and contracts in progress3€24,892€25,586€18,657€12,151▼ 34.9%
Stocks30/36---€12,151-
Raw materials and consumables30/31---€12,151-
Amounts receivable within one year40/41€1.9m€1.9m€2.2m€2.9m▲ 33.9%
Trade receivables40---€791,857-
Other amounts receivable41---€2.1m-
Current investments50/53€193€2,253€2,253--
Cash at bank and in hand54/58€138,022€14,629€42,417€46,347▲ 9.3%
Deferred charges and accrued income490/1---€10,593-
Equity and liabilities
Total equity and liabilities10/49€17.4m€17.0m€12.2m€12.9m▲ 5.4%
Equity10/15€677,526-€14,050-€225,827-€657,520▼ 191%
Profit (loss) carried forward14-€3.8m-€4.2m-€4.1m-€4.2m▼ 2.6%
Investment grants15---€3.6m-
Amounts payable17/49€16.7m€17.0m€12.4m€13.5m▲ 8.7%
Amounts payable after more than one year17€14.9m€14.6m€10.2m€11.0m▲ 7.8%
Financial debts170/4---€11.0m-
Credit institutions173---€10.8m-
Other loans174---€200,000-
Amounts payable within one year42/48€1.6m€2.1m€2.0m€2.3m▲ 15.3%
Current portion of amounts payable after more than one year42---€167,498-
Trade debts44€453,640€699,554€1.5m€302,621▼ 80.1%
Suppliers440/4---€302,621-
Taxes, remuneration and social security45---€1.8m-
Taxes450/3---€56,095-
Remuneration and social security454/9---€1.7m-
Accrued charges and deferred income492/3---€224,869-
Line2018201920202021Change
Profit (loss) for the period9904-€437,373-€368,258€111,542-€108,375▼ 197%
+ Depreciation and write-downs630€371,811€347,017€98,918€89,970▼ 9.0%
Operating cash flow (approximation)-€65,562-€21,242€210,460-€18,405▼ 109%
Investment in fixed assets (approximation)--€33,126€5.0m-€5,700▼ 100%
Change in cash--€123,394€27,789€3,930▼ 85.9%

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
26-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 19-07-2023
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €111,542
Net result €111,542 after 2 loss-making years.
05-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
07-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
05-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2012
17-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 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
13 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, Sint-Truiden
exact location from the address register On OpenStreetMap
Ground area
2.0 ha
Building footprint
612 m²
Volume, LiDAR
5,494 m³
Parcel 71058C0503/00A002, Flanders · tallest building 18.9 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71058C0503/00A002 Flanders 2.0 ha 1 · 611 m² 18.9 m · 3 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

3 mandates
Role Name Tenure
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
19-07-2023 → present
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
19-07-2023 → present
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
19-07-2023 → present

Public money · subsidies and aid

Flemish government

2022 to 2024 · 7 entries · 83,828 EUR awarded · 83,828 EUR paid
Year Entries awardedpaid
2024 1 -46,810 EUR0 EUR
2023 2 1,076 EUR1,076 EUR
2022 4 129,562 EUR82,752 EUR
Schemes
1 entry · 40,771 EUR · 40,771 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
2 entries · 33,436 EUR · 33,436 EUR paid · Departement Zorg
2 entries · 7,185 EUR · 7,185 EUR paid · Departement Werk en Sociale Economie
2 entries · 2,436 EUR · 2,436 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Care and welfare

12 services · 0 live
1 AAAcare
Care and Health agency · ended
Groep van Assistentiewoningen
2 AAAcare
Care and Health agency · ended
Groep van Assistentiewoningen
AAAcare
Care and Health agency · ended
Groep van Assistentiewoningen
AAAcare
Care and Health agency · ended
Groep van Assistentiewoningen
Show 8 more services
Centrum voor Kortverblijf AAAcare
Care and Health agency · ended
Centrum voor Kortverblijf
Centrum voor Kortverblijf Triamant Willebroek
Care and Health agency · ended
Centrum voor Kortverblijf
Dagverzorgingscentrum AAAcare
Care and Health agency · ended
Centrum voor dagverzorging
Delghust
Care and Health agency · ended
Centrum voor dagverzorging
Rusthuis AAAcare
Care and Health agency · ended
Woonzorgcentrum
Velm 1
Care and Health agency · ended
Groep van Assistentiewoningen
Velm 2
Care and Health agency · ended
Groep van Assistentiewoningen
WZC Triamant Willebroek
Care and Health agency · ended
Woonzorgcentrum

Dual-learning approval

1 ended
Verzorgende (so)
discontinued · 2019 to 2024

Identification & contact

Identification
Legal formNon-profit association
Founded28-09-2005
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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