AYA-MAR
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
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.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 30 June 2025
- Supervising judge
- Guido Henkens
- Official Gazette
- 04-07-2025 (pdf) ↗search the document for 2025/129675
Deadlines
- Provisional date payments stopped
- 30 December 2024Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 19 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 30 July 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 8 August 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 30 June 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Juul CreytensLeopoldlaan 15, 9200 Dender- Mondejuul.creytens@advoconsult.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Retail trade
NACE 47222
1 site
Size
€124,583total assets 2021
- Equity
- €6,895
- Loss
- -€4,223
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 6 deeds read
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsShow the evidence
Signals
Two signals.
raises risk
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
- OpeningEnterprise Court of Ghent, Dendermonde…
- Address struckKBO administration
- Address struckde Stassartstraat 17 L’adresse du…
Financials · financial year 2021, micro format
2021 annual accounts filed late (135 days) Filed on 13 December 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20540064.
Equity
€6,895▼ 2.6%
2020 · €7,079
Total assets
€124,583▲ 6.0%
2020 · €117,546
Net result
-€4,223
2020 · €4,778
Working capital
-€36,067▲ 1.9%
2020 · -€36,757
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result turns negative in 2021: a loss of €1,350 after €5,021 in 2020.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€1,350
2021
Net result-€4,223
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€124,583
2021
Equity€6,895
2021
Debt€117,688
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€36,067
2021
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-3.4%
2021
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency5.5%
2021
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.69
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€17,575--€21,740€5,021-€1,350
Net result€16,091--€21,901€4,778within the sector's middle half-€4,223below the sector's middle half
Equity€22,891-€990▼ 95.7%€7,079within the sector's middle half▲ 615%€6,895within the sector's middle half▼ 2.6%
Total assets€92,930-€137,383▲ 47.8%€117,546within the sector's middle half▼ 14.4%€124,583within the sector's middle half▲ 6.0%
Debt€70,039-€136,393▲ 94.7%€110,467▼ 19.0%€117,688▲ 6.5%
Working capital€6,154--€23,245-€36,757below the sector's middle half▼ 58.1%-€36,067below the sector's middle half▲ 1.9%
Solvency24.6%-0.7%▼ 23.9pp6.0%within the sector's middle half▲ 5.3pp5.5%below the sector's middle half▼ 0.5pp
Current ratio1.14-0.81▼ 0.330.65below the sector's middle half▼ 0.160.69below the sector's middle half▲ 0.04
Return on assets (ROA)17.3%--15.9%▼ 33.3pp4.1%within the sector's middle half▲ 20.0pp-3.4%below the sector's middle half▼ 7.5pp
Staff (FTE)0.9within the sector's middle half
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €124,583
Fixed assets
€42,962 ▼ 12.5%
Current assets
€81,621 ▲ 19.3%
Equity and liabilities €124,583
Equity
€6,895 ▼ 2.6%
Debt
€117,688 ▲ 6.5%
Debt's share of the balance-sheet total rises from 94.0% to 94.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12,615▼
2020 · €16,386
Cash flow
€9,743▼
2020 · €16,143
Quick ratio
0.20▲
2020 · 0.18
Debt to equity
17.07▲
2020 · 0.75
ROE
-61.2%▼
2020 · 67.5%
Interest coverage
4.39
Debt ≤ 1 year
€117,688▲
2020 · €105,177
Staff costs
€22,982
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €22,982 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,455 | €6,285 | €11,365 | €13,965 | ▲ 22.9% |
| Other operating charges640/8 | - | - | - | €3,370 | - |
| Gross operating margin9900 | €46,818 | €26,790 | €41,992 | €38,967 | ▼ 7.2% |
| Operating profit (loss)9901 | €17,575 | -€21,740 | €5,021 | -€1,350 | - |
| Financial charges65/66B | - | - | - | €2,872 | - |
| Recurring financial charges65 | €762 | €161 | €243 | €2,872 | ▲ 1,082% |
| Profit (loss) for the period before taxes9903 | €16,813 | -€21,901 | €4,778 | -€4,223 | - |
| Income taxes67/77 | €721 | - | - | - | - |
| Profit (loss) for the period9904 | €16,091 | -€21,901 | €4,778 | -€4,223 | - |
| Profit (loss) for the period to be appropriated9905 | €16,091 | -€21,901 | €4,778 | -€4,223 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €92,930 | €137,383 | €117,546 | €124,583 | ▲ 6.0% |
| Fixed assets21/28 | €41,882 | €39,452 | €49,126 | €42,962 | ▼ 12.5% |
| Intangible fixed assets21 | €40,000 | €35,000 | €30,000 | €25,000 | ▼ 16.7% |
| Tangible fixed assets22/27 | - | €2,571 | €17,244 | €16,081 | ▼ 6.7% |
| Plant, machinery and equipment23 | - | - | - | €5,201 | - |
| Furniture and vehicles24 | - | - | - | €10,879 | - |
| Financial fixed assets28 | €1,882 | €1,882 | €1,882 | €1,882 | = |
| Current assets29/58 | €51,049 | €97,931 | €68,420 | €81,621 | ▲ 19.3% |
| Stocks and contracts in progress3 | €28,910 | €65,450 | €49,400 | €58,015 | ▲ 17.4% |
| Stocks30/36 | - | - | - | €58,015 | - |
| Amounts receivable within one year40/41 | €18,698 | €28,755 | €15,252 | €21,083 | ▲ 38.2% |
| Other amounts receivable41 | - | - | - | €21,083 | - |
| Cash at bank and in hand54/58 | €3,441 | €2,899 | €3,768 | €2,523 | ▼ 33.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €92,930 | €137,383 | €117,546 | €124,583 | ▲ 6.0% |
| Equity10/15 | €22,891 | €990 | €7,079 | €6,895 | ▼ 2.6% |
| Contributions10/11 | €13,250 | €13,250 | - | €18,600 | - |
| Reserves13 | €352 | €352 | €352 | €352 | = |
| Non-distributable reserves130/1 | - | - | - | €352 | - |
| Reserves not available under the articles1311 | - | - | - | €352 | - |
| Profit (loss) carried forward14 | €9,288 | -€12,613 | -€7,834 | -€12,057 | ▼ 53.9% |
| Amounts payable17/49 | €70,039 | €136,393 | €110,467 | €117,688 | ▲ 6.5% |
| Amounts payable after more than one year17 | €25,145 | €15,218 | €5,290 | - | - |
| Amounts payable within one year42/48 | €44,894 | €121,176 | €105,177 | €117,688 | ▲ 11.9% |
| Trade debts44 | €15,307 | €100,939 | €78,082 | €115,323 | ▲ 47.7% |
| Suppliers440/4 | - | - | - | €115,323 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,366 | - |
| Taxes450/3 | - | - | - | €688 | - |
| Remuneration and social security454/9 | - | - | - | €1,678 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,091 | -€21,901 | €4,778 | -€4,223 | - |
| + Depreciation and write-downs630 | €5,455 | €6,285 | €11,365 | €13,965 | ▲ 22.9% |
| Operating cash flow (approximation) | €21,546 | -€15,616 | €16,143 | €9,743 | ▼ 39.6% |
| Investment in fixed assets (approximation) | - | -€3,856 | -€21,038 | -€7,802 | ▲ 62.9% |
| Change in cash | - | -€542 | €869 | -€1,245 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 13-12-2022 | 2022-20540064 |
| 31-12-2020 | micro format | 02-02-2022 | 2022-04700278 |
| 31-12-2019 | micro format | 20-01-2021 | 2021-01600469 |
| 31-12-2018 | micro format | 12-09-2019 | 2019-64100326 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57500347 |
| 31-12-2016 | micro format | 11-09-2017 | 2017-60700205 |
| 31-12-2015 | full format | 09-08-2016 | 2016-41400212 |
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Of the 269 active companies whose main activity is retail trade (NACE 47222), figures are known for 137. 64 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Juul Creytens Leopoldlaan 15, 9200 Dender- Monde |
30-06-2025 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
04-07
Bankruptcy
Opening
Enterprise Court of Ghent, Dendermonde division · judgment of 30-06-2025
10-06
KBO administration
Address struck
2024
20-09
KBO administration
Address struck
de Stassartstraat 17 L’adresse du siège Rue de Stassart 17 1050 Die Sitzadresse Rue de Stassart / de Stass-
1050 Elsene werd doorgehaald met ingang van Ixelles · event 31-07-2024
2022
13-12
NBB filing
Annual accounts filed
financial year 2021 · micro format · 135 days late
02-02
NBB filing
Annual accounts filed
financial year 2020 · micro format · 186 days late
2021
20-01
NBB filing
Annual accounts filed
financial year 2019 · micro format · 173 days late
2020
31-12
Financial
Back to profitnet €4,778
Net result €4,778 after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet -€21,901
Net result drops to -€21,901, the lowest in the series.
12-09
NBB filing
Annual accounts filed
financial year 2018 · micro format · 43 days late
2018
31-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
11-09
NBB filing
Annual accounts filed
financial year 2016 · micro format · 42 days late
2016
09-08
NBB filing
Annual accounts filed
financial year 2015 · full format · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2015
Financial year end31-12
Activities, NACEBEL 2025
47222Retail trade
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 15 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2018
Ground area
114 m²
Building footprint
114 m²
Building volume
1,751 m³
2 parcels, Brussels · tallest building 18.5 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Establishment
since 2018unit no. 2.273.771.357
2 parcels
Brussels
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21910E0070/00F007 | Brussels | 73 m² | 1 · 73 m² | 18.5 m · 5 |
| 21009A0416/00Y002 | Brussels | 42 m² | 1 · 42 m² | 16.1 m · 5 |
How the parcels are linked
Good to know
Both parcels match the address exactly.