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ASHTEY

Open bankruptcy
Private limited company (pre-2019)founded 1990Turnhoutsebaan 40, 2100 Antwerpen, BelgiumKBO/BCE: BE 0440.273.892

A bankruptcy procedure is open for ASHTEY according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS.

Summary

The 2018 annual accounts show negative equity (-€88,196) and a net result of -€11,553.

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
8 September 2022
Supervising judge
Guy Cortebeeck
Official Gazette
14-09-2022 (pdf) ↗search the document for 2022/131758

Deadlines

Provisional date payments stopped
8 September 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 29 September 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 October 2022art. XX.104 and XX.155 CEL
First verification report
passed on 4 November 2022Goods 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 8 September 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

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.

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
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 · Filed after the deadline
The financial year that closed on 31-07-2018 was due by 28-02-2019 and was filed on 30-04-2019, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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

ASHTEY was incorporated on 13 January 1990.1 Total assets fell from EUR 163,794 in 2014 to EUR 2,049 in 2018.2 On 8 September 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2014 and 2018
  3. 3Belgian State Gazette, 14-09-2022

Go further with this company

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

Financials · fiscal year 2018, micro schema

Turnover
€27,905▼ 46.9%
2014 · €52,504
EBIT margin
1.1%▼ 57.9pp
2014 · 59.0%
Net result
-€11,553▲ 3.3%
2017 · -€11,949
Working capital
-€88,746▼ 15.0%
2017 · -€77,193
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
Line20142015201620172018
Turnover€52,504-€27,905▼ 46.9%
Operating result€30,969-€296▼ 99.0%-€19,229-€11,364▲ 40.9%-€11,022▲ 3.0%
Net result€24,697--€133,736-€20,463▲ 84.7%-€11,949▲ 41.6%-€11,553▲ 3.3%
EBIT margin59.0%-1.1%▼ 57.9pp
Equity€89,505--€44,231-€64,694▼ 46.3%-€76,643▼ 18.5%-€88,196▼ 15.1%
Total assets€163,794-€9,605▼ 94.1%€1,399▼ 85.4%€1,984▲ 41.8%€2,049▲ 3.3%
Debt€74,288-€53,836▼ 27.5%€66,093▲ 22.8%€78,626▲ 19.0%€90,245▲ 14.8%
Working capital-€45,776--€46,982▼ 2.6%-€65,627▼ 39.7%-€77,193▼ 17.6%-€88,746▼ 15.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2014: €30,969€30,969Net result 2014: €24,697€24,697Operating result 2015: €296€296Net result 2015: -€133,736-€133,736Operating result 2016: -€19,229-€19,229Net result 2016: -€20,463-€20,463Operating result 2017: -€11,364-€11,364Net result 2017: -€11,949-€11,949Operating result 2018: -€11,022-€11,022Net result 2018: -€11,553-€11,55320142015201620172018-€30,000-€20,000-€10,000€0Operating result 2016: -€19,229-€19,200Net result 2016: -€20,463-€20,500Operating result 2017: -€11,364-€11,400Net result 2017: -€11,949-€11,900Operating result 2018: -€11,022-€11,000Net result 2018: -€11,553-€11,600201620172018
The operating result stays negative: a loss of €11,022 in 2018 against €11,364 in 2017; the loss shrinks.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €2,049
Fixed assets €550 =
Current assets €1,499 ▲ 4.6%
Key figures and ratios
2018 value · change against 2017
Debt ≤ 1 year
€90,245▲
2017 · €78,626
Ratios withheld: a balance sheet total of €2,049 is too small for a meaningful ratio.
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 · 2018 against 2017 · 21 lines
Balance sheet Code20172018
Assets
Total assets20/58€1,984€2,049▲
Fixed assets21/28€550€550=
Financial fixed assets28€550€550=
Current assets29/58€1,434€1,499▲
Amounts receivable within one year40/41€1,434€1,159▼
Cash at bank and in hand54/58-€340
Equity and liabilities
Total equity and liabilities10/49€1,984€2,049▲
Equity10/15-€76,643-€88,196▼
Contributions10/11€20,000€20,000=
Reserves13€2,000€2,000=
Profit (loss) carried forward14-€98,643-€110,196▼
Amounts payable17/49€78,626€90,245▲
Amounts payable within one year42/48€78,626€90,245▲
Trade debts44€94€16,752▲
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€383-
Gross operating margin9900-€8,263-€10,926▼
Operating profit (loss)9901-€11,364-€11,022▲
Recurring financial charges65€585€531▼
Profit (loss) for the period before taxes9903-€11,949-€11,553▲
Profit (loss) for the period9904-€11,949-€11,553▲
Profit (loss) for the period to be appropriated9905-€11,949-€11,553▲
Line20142015201620172018Change
Turnover70€52,504€27,905----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,510€6,510€6,510€383--
Gross operating margin9900€40,173€13,074-€7,923-€8,263-€10,926▼ 32.2%
Operating profit (loss)9901€30,969€296-€19,229-€11,364-€11,022▲ 3.0%
Recurring financial charges65€1,565€1,310€1,234€585€531▼ 9.3%
Profit (loss) for the period before taxes9903€29,404-€133,736-€20,463-€11,949-€11,553▲ 3.3%
Income taxes67/77€4,707-----
Profit (loss) for the period9904€24,697-€133,736-€20,463-€11,949-€11,553▲ 3.3%
Profit (loss) for the period to be appropriated9905€24,697-€133,736-€20,463-€11,949-€11,553▲ 3.3%
Line20142015201620172018Change
Assets
Total assets20/58€163,794€9,605€1,399€1,984€2,049▲ 3.3%
Fixed assets21/28€146,676€7,443€933€550€550=
Tangible fixed assets22/27€13,403€6,893€383---
Financial fixed assets28€133,272€550€550€550€550=
Current assets29/58€17,118€2,161€466€1,434€1,499▲ 4.6%
Amounts receivable within one year40/41€10,588€1,659€466€1,434€1,159▼ 19.2%
Cash at bank and in hand54/58€6,530€503--€340-
Equity and liabilities
Total equity and liabilities10/49€163,794€9,605€1,399€1,984€2,049▲ 3.3%
Equity10/15€89,505-€44,231-€64,694-€76,643-€88,196▼ 15.1%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Reserves13€69,505€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14--€66,231-€86,694-€98,643-€110,196▼ 11.7%
Amounts payable17/49€74,288€53,836€66,093€78,626€90,245▲ 14.8%
Amounts payable after more than one year17€11,394€4,693----
Amounts payable within one year42/48€62,894€49,143€66,093€78,626€90,245▲ 14.8%
Trade debts44€2,954€8,492€5,140€94€16,752▲ 17,722%
Line20142015201620172018Change
Profit (loss) for the period9904€24,697-€133,736-€20,463-€11,949-€11,553▲ 3.3%
+ Depreciation and write-downs630€6,510€6,510€6,510€383--
Operating cash flow (approximation)€31,207-€127,226-€13,953-€11,565-€11,553▲ 0.1%
Investment in fixed assets (approximation)-€132,722€0€0€0-
Change in cash--€6,027----

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

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Timeline · acts, filings and financial milestones

2022
14-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 08-09-2022
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
10-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
02-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
Financial Weakest financial yearnet -€133,736
Net result drops to -€133,736, the lowest in the series.
30-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
04-02
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
31-01
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-01
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
06-01
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
26-01
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Antwerpen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
267 m²
Building footprint
122 m²
Volume, LiDAR
964 m³
Parcel 11343A0812/00R000, Flanders · tallest building 11.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ASHTEY
Turnhoutsebaan 40, 2100 AntwerpenManufacture of electrical equipment
since 20172.274.173.215
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11343A0812/00R000 Flanders 267 m² 1 · 122 m² 11.0 m · 4 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 BENNY GOOSSENS
MARKTPLEIN 22, 2110 WIJNEGEM-
08-09-2022 → present

Similar companies · same sector, comparable size

Of 911 companies in sector 47793 we hold annual accounts for 162. 120 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)
Founded13-01-1990
Fiscal year end31-07
Activities, NACEBEL 2025
47793Retail sale of other second-hand goods, excluding clothing
47120Other non-specialised retail sale
47792Retail sale of second-hand clothing
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 28 September 2026 · Peppol Directory

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