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B.D.T.M.

In bankruptcy Public limited companyfounded 1981Industrieweg 176, 9030 GhentKBO/BCE: BE 0421.468.265 subsidiary of ALMON

Information for creditors

Enterprise Court of Ghent, Ghent division · Official Gazette of 24-06-2024
Appeal or third-party opposition 09-07-2024Filing the claim in RegSol 18-07-2024First verification report 23-07-2024Late claim 18-06-2025

Trustees: Sofie De Nijs, Pieter Huyghe. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

17 annual accounts with figures on one time axis, 42 filings since 1981
peak €18.8m (2017)
€7.3m▼ 20.5%
lowest -€4.2m (2022)
-€4.2m▼ €2.1m
peak €7.7m (2018)
-€2.3m▼ €4.2m
€6.3m▼ 4.9%
peak 52.4 FTE (2020)
41.3 FTE▼ 10.6%
Board7 names since 2016
1 directorVERMAN
Owners
  
Documentsfilings and deeds
23-04-2024267 days late
2022financial year
Turnover from €9.2m to €7.3mLoss of €4.2mStaff from 46.2 FTE to 41.3 FTE1 director resigning 30-112 directors appointed, 3 resignations 31-10Equity from €1.9m to -€2.3m

Key points

from the 2022 annual accounts, the last ones filed

Equity

-€2.3m from €7.7m in 2018

Equity fell below zero in 2022.

Losses

-€9.9m in five years
-0.52017-0.62018-2.42020-2.12021-4.22022

Every financial year from 2017 to 2022 closed with a loss. 2022 was the heaviest.

Debts

€6.3m 152% of the balance sheet
Financial debts 6%Suppliers 73%Taxes and wages 12%Other 9%

€582,847 of the debts are secured on the company's own assets. In 2021 that was €1.2m. The annual accounts state €77,710 of overdue tax debts and €123,732 of overdue social security (RSZ) debts on 31-12-2022.

Payment terms

228 days to suppliers
Suppliers
180 to 228
Customers
138 to 139

B.D.T.M. pays its suppliers 48 days later than in 2021. Customers pay 1 day later.

Filings

42 annual accounts since 1981
AprilJune31 JulyOctober19952010

Four of the last ten came late. The 2022 accounts came latest: 267 days after the end of the period.

Public support

€54,211 awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Brexit-veerkrachtsubsidie (stopgezet).

No score

Signals

Restart pattern 1 indication

A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.

  • BankruptThis companyjudgment 18-06-2024
    FoundedHouse of Boardsstart date 19-07-2024

    House of Boards was founded 31 days after the bankruptcy of this company. The annual accounts of both list VERMAN as director.

    • VERMAN listed as director in the annual accounts of both

This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.

Board and ownership

V
Director, Christoph Vermeersch
Board & ownership

Recent changes

Date of cessation of payments moved back Enterprise Court of Ghent, Ghent division · judgment of 13-01-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 18-06-2024 · Bankruptcy
Plan homologation Enterprise Court of Ghent · judgment of 16-01-2024 · Judicial reorganisation
Company renamed from ANNABEL TEXTILES to B.D.T.M. General meeting of 17-08-2023 · Gazette deed
All 60 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 18-06-2024
Activity
Manufacture of textilesNACE 13100
Joint committees
214White-collar workers in the textile industry
120Textile industry · annual accounts 2021
Establishment unit
2.035.255.4839030 Ghent, since 03-04-1981
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€4.1m▼ 52.4%
Employeeson 31-12-2022
39▼ 17.0%
Filing
Filed on 23-04-2024
Financials

Insights on B.D.T.M.

B.D.T.M. reached its highest turnover since 2010 in 2017: €18.8m. A year later it was €15.5m.

Equity fell from €7.7m in 2018 to -€2.3m in 2022, while debts rose from €2.3m to €6.3m.

On 18 June 2024 the court declared B.D.T.M. bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about B.D.T.M.

What is the company number of B.D.T.M.?
The company number of B.D.T.M. is 0421.468.265. The VAT number is the same number with BE in front: BE 0421.468.265.
Where was B.D.T.M. based?
The last known address of the registered office is Industrieweg 176, 9030 Ghent.Company details
What does B.D.T.M. do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13100).
What is the legal form of B.D.T.M.?
B.D.T.M. is a public limited company (NV).
When was B.D.T.M. founded?
B.D.T.M. was founded on 25-03-1981.
Is B.D.T.M. still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did B.D.T.M. have?
B.D.T.M. had an average of 41.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
Which joint committee does B.D.T.M. fall under?
In its 2021 annual accounts, B.D.T.M. states joint committees 214 (White-collar workers in the textile industry) and 120 (Textile industry).
What is the turnover of B.D.T.M.?
The turnover of B.D.T.M. was €7.3m in financial year 2022, according to the filed annual accounts.
Is B.D.T.M. profitable?
In financial year 2022, B.D.T.M. made a loss of €4.2m.
Where can I find the annual accounts of B.D.T.M.?
B.D.T.M. filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

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