AL-VIS
Open bankruptcySummary
A bankruptcy procedure is open for AL-VIS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €292,501 and a net result of €22,647.
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
- 13 June 2025
- Supervising judge
- Ivo Van Genechten
- Official Gazette
- 19-06-2025 (pdf) ↗search the document for 2025/126380
Deadlines
- Provisional date payments stopped
- 13 June 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 4 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 13 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 July 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 13 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Pieter WirixElisabethwal 4 Bus 2, 3700 Tongeren-Borgloonpieter.wirix@hermanswirix.be
- Christophe HermansElisabethwal 4 Bus 2, 3700 Tongeren- Borgloonchristophe.hermans@hermanswirix.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 13-10-2023, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
18 d early
2022
4 d early
2021
100 d late
2020
465 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 108 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€292,501▲ 8.4%
2022 · €269,854
Total assets
€2.1m▲ 12.8%
2022 · €1.9m
Net result
€22,647▼ 79.5%
2022 · €110,548
Working capital
€494,121▲ 140%
2022 · €205,966
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€78,572--€135,926€36,307€152,540▲ 320%-€4,214
Net result€36,844--€162,032below the sector's middle half€43,243within the sector's middle half€110,548within the sector's middle half▲ 156%€22,647within the sector's middle half▼ 79.5%
Equity€313,095-€151,063within the sector's middle half▼ 51.8%€194,306within the sector's middle half▲ 28.6%€269,854within the sector's middle half▲ 38.9%€292,501within the sector's middle half▲ 8.4%
Total assets€3.6m-€3.6mabove the sector's middle half▲ 1.5%€2.4mwithin the sector's middle half▼ 34.0%€1.9mwithin the sector's middle half▼ 20.7%€2.1mwithin the sector's middle half▲ 12.8%
Debt€3.3m-€3.5m▲ 6.7%€2.2m▼ 36.8%€1.6m▼ 26.0%€1.8m▲ 13.6%
Working capital€397,551-€406,261within the sector's middle half▲ 2.2%-€545,003below the sector's middle half€205,966within the sector's middle half€494,121within the sector's middle half▲ 140%
Solvency8.8%-4.2%below the sector's middle half▼ 4.6pp8.1%below the sector's middle half▲ 4.0pp14.3%below the sector's middle half▲ 6.1pp13.7%below the sector's middle half▼ 0.6pp
Current ratio1.22-1.21within the sector's middle half▼ 0.010.70below the sector's middle half▼ 0.511.15below the sector's middle half▲ 0.461.36within the sector's middle half▲ 0.21
Return on assets (ROA)1.0%--4.5%below the sector's middle half▼ 5.5pp1.8%within the sector's middle half▲ 6.3pp5.8%within the sector's middle half▲ 4.0pp1.1%within the sector's middle half▼ 4.8pp
Staff (FTE)20.6-20.1above the sector's middle half▼ 2.4%16.9above the sector's middle half▼ 15.9%19.9above the sector's middle half▲ 17.8%15.8above the sector's middle half▼ 20.6%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €4,214 after €152,540 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.1m
Fixed assets
€255,058 ▼ 19.3%
Current assets
€1.9m ▲ 19.3%
Equity and liabilities €2.1m
Equity
€292,501 ▲ 8.4%
Debt
€1.8m ▲ 13.6%
Debt's share of the balance-sheet total rises from 85.7% to 86.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61,417▼
2022 · €223,601
Cash flow
€88,278▼
2022 · €181,609
Quick ratio
1.02▲
2022 · 0.94
Debt to equity
6.30▲
2022 · 6.01
ROE
7.7%▼
2022 · 41.0%
Interest coverage
1.23▼
2022 · 2.23
Debt ≤ 1 year
€1.4m▲
2022 · €1.4m
Debt > 1 year
€450,000▲
2022 · €250,000
Income taxes
€2,791▼
2022 · €8,084
Staff costs
€733,430▲
2022 · €689,223
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €42,706 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €689,223 | €733,430 | ▲ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €198,495 | €152,160 | €134,566 | €71,061 | €65,631 | ▼ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€4,047 | €23,732 | ▲ 686% |
| Other operating charges640/8 | - | - | - | €51,125 | €47,913 | ▼ 6.3% |
| Gross operating margin9900 | €1.1m | €849,107 | €562,753 | €959,902 | €866,491 | ▼ 9.7% |
| Operating profit (loss)9901 | €78,572 | -€135,926 | €36,307 | €152,540 | -€4,214 | ▼ 103% |
| Financial income75/76B | - | - | - | €66,548 | €79,477 | ▲ 19.4% |
| Recurring financial income75 | €74,330 | €63,759 | €80,855 | €66,548 | €79,477 | ▲ 19.4% |
| Financial charges65/66B | - | - | - | €100,456 | €49,825 | ▼ 50.4% |
| Recurring financial charges65 | €98,381 | €89,302 | €73,343 | €100,456 | €49,825 | ▼ 50.4% |
| Profit (loss) for the period before taxes9903 | €54,521 | -€161,469 | €43,819 | €118,632 | €25,438 | ▼ 78.6% |
| Income taxes67/77 | €18,559 | €563 | €576 | €8,084 | €2,791 | ▼ 65.5% |
| Profit (loss) for the period9904 | €36,844 | -€162,032 | €43,243 | €110,548 | €22,647 | ▼ 79.5% |
| Profit (loss) for the period to be appropriated9905 | €38,559 | -€162,032 | €43,243 | €110,548 | €22,647 | ▼ 79.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €3.6m | €2.4m | €1.9m | €2.1m | ▲ 12.8% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.1m | €315,913 | €255,058 | ▼ 19.3% |
| Intangible fixed assets21 | €14,838 | €4,884 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.1m | €315,913 | €255,058 | ▼ 19.3% |
| Land and buildings22 | - | - | - | €278,723 | €227,397 | ▼ 18.4% |
| Plant, machinery and equipment23 | - | - | - | €4,445 | €6,856 | ▲ 54.3% |
| Furniture and vehicles24 | - | - | - | €32,745 | €20,804 | ▼ 36.5% |
| Leasing and similar rights25 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €429 | €429 | €429 | €0 | - | - |
| Current assets29/58 | €2.2m | €2.3m | €1.2m | €1.6m | €1.9m | ▲ 19.3% |
| Amounts receivable after more than one year29 | - | - | - | €0 | - | - |
| Other amounts receivable291 | - | - | - | €0 | - | - |
| Stocks and contracts in progress3 | €403,122 | €250,277 | €137,114 | €287,578 | €472,768 | ▲ 64.4% |
| Stocks30/36 | - | - | - | €287,578 | €472,768 | ▲ 64.4% |
| Amounts receivable within one year40/41 | €1.7m | €2.0m | €1.1m | €1.2m | €1.3m | ▲ 6.8% |
| Trade receivables40 | - | - | - | €447,082 | €638,273 | ▲ 42.8% |
| Other amounts receivable41 | - | - | - | €793,402 | €686,676 | ▼ 13.5% |
| Cash at bank and in hand54/58 | €56,817 | €41,825 | €2,851 | €21,651 | €41,804 | ▲ 93.1% |
| Deferred charges and accrued income490/1 | - | - | - | €26,310 | €40,453 | ▲ 53.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €3.6m | €2.4m | €1.9m | €2.1m | ▲ 12.8% |
| Equity10/15 | €313,095 | €151,063 | €194,306 | €269,854 | €292,501 | ▲ 8.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | - | - | €100,000 | €100,000 | = |
| Issued capital100 | - | - | - | €100,000 | €100,000 | = |
| Reserves13 | €49,702 | €49,702 | €49,702 | €125,250 | €147,897 | ▲ 18.1% |
| Non-distributable reserves130/1 | - | - | - | €10,000 | €10,000 | = |
| Legal reserve130 | - | - | - | €10,000 | €10,000 | = |
| Tax-exempt reserves132 | - | - | - | €37,500 | €37,500 | = |
| Distributable reserves133 | - | - | - | €77,750 | €100,397 | ▲ 29.1% |
| Profit (loss) carried forward14 | €163,393 | €1,361 | €44,604 | €44,604 | €44,604 | = |
| Amounts payable17/49 | €3.3m | €3.5m | €2.2m | €1.6m | €1.8m | ▲ 13.6% |
| Amounts payable after more than one year17 | €1.5m | €1.5m | €381,326 | €250,000 | €450,000 | ▲ 80.0% |
| Financial debts170/4 | - | - | - | €250,000 | €450,000 | ▲ 80.0% |
| Amounts payable within one year42/48 | €1.8m | €1.9m | €1.8m | €1.4m | €1.4m | ▲ 1.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €186,313 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €45,931 | €48,453 | ▲ 5.5% |
| Credit institutions430/8 | - | - | - | €45,931 | €48,453 | ▲ 5.5% |
| Trade debts44 | €1.1m | €1.4m | €670,675 | €754,776 | €868,694 | ▲ 15.1% |
| Suppliers440/4 | - | - | - | €754,776 | €868,694 | ▲ 15.1% |
| Taxes, remuneration and social security45 | - | - | - | €348,037 | €468,707 | ▲ 34.7% |
| Taxes450/3 | - | - | - | €174,099 | €273,488 | ▲ 57.1% |
| Remuneration and social security454/9 | - | - | - | €173,938 | €195,219 | ▲ 12.2% |
| Other amounts payable47/48 | - | - | - | €35,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €2,025 | €6,678 | ▲ 230% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,844 | -€162,032 | €43,243 | €110,548 | €22,647 | ▼ 79.5% |
| + Depreciation and write-downs630 | €198,495 | €152,160 | €134,566 | €71,061 | €65,631 | ▼ 7.6% |
| Operating cash flow (approximation) | €235,339 | -€9,872 | €177,809 | €181,609 | €88,278 | ▼ 51.4% |
| Investment in fixed assets (approximation) | - | -€54,066 | -€3,298 | €756,829 | -€4,776 | ▼ 101% |
| Change in cash | - | -€14,992 | -€38,974 | €18,800 | €20,153 | ▲ 7.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 13-06-2025
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €110,548 ▲156%
Operating result €152,540, net result €110,548, both a record.
31-03
Financial
Equity above €200,000Eq €269,854 ▲38.9%
2 profitable years in a row build equity to €269,854.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 100 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 465 days late
2021
31-03
Financial
Back to profitnet €43,243
Net result €43,243 after one loss-making year.
2020
31-03
Financial
Weakest financial yearnet -€162,032
Net result drops to -€162,032, the lowest in the series.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 60 days late
2014
22-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lommel · 1 establishment unit since 2011
Ground area
6,815 m²
Building footprint
2,579 m²
Parcel 72020C1408/00B017, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AL-VIS
since 20112.203.222.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00B017 | Flanders | 6,815 m² | 1 · 2,579 m² | - |
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER WIRIX ELISABETHWAL 4 BUS 2,
3700 TONGEREN-BORGLOON |
13-06-2025 → present |
| Curator | CHRISTOPHE HERMANS ELISABETHWAL 4 BUS 2, 3700 TONGEREN-
BORGLOON |
13-06-2025 → present |
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Of 231 companies in sector 46323 we hold annual accounts for 155. 121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1989
Fiscal year end31-03
Activities, NACEBEL 2025
46323Wholesale trade
47230Retail trade
52100Warehousing and storage
77120Rental and leasing activities
77223Rental and leasing activities
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.