BAS DISTRIBUTION
Open bankruptcyA bankruptcy procedure is open for BAS DISTRIBUTION according to publications in the Belgian State Gazette; curator: Mr VAN HOCHT KRISTIN.
Summary
The 2014 annual accounts show equity of €474,374 and a net result of €123,616.
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
- Commercial Court of Antwerp, Mechelen division
- Declared bankrupt
- 1 October 2015
- Official Gazette
- 05-10-2015 (pdf) ↗search the document for 2015/109110
Deadlines
- Provisional date payments stopped
- 1 October 2015A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 October 2015Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 31 October 2015art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 November 2015Goods 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 1 October 2016Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr Van Hocht KristinKoningin Astridlaan 77, 2800 Mechelen
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 31-03-2014 was due by 31-10-2014 and was filed on 10-10-2014, 21 days ahead of the deadline.
NBB · 10 filingsDeviation 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 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 Are there other customers at risk in your own list?List enrichment How is the Non-specialised wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2014, full schema
Turnover
€17.3m▼ 31.7%
2013 · €25.3m
EBIT margin
-1.5%▼ 0.1pp
2013 · -1.4%
Net result
€123,616
2013 · -€524,436
Working capital
€449,782▲ 45.6%
2013 · €308,811
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
Line20102011201220132014
Turnover€21.3m-€19.5m▼ 8.4%€26.9m▲ 37.7%€25.3m▼ 5.8%€17.3m▼ 31.7%
Operating result-€131,052--€35,016▲ 73.3%€85,132-€356,260-€255,990▲ 28.1%
Net result€185,549-€102,651▼ 44.7%€97,844▼ 4.7%-€524,436€123,616
EBIT margin-0.6%--0.2%▲ 0.4pp0.3%▲ 0.5pp-1.4%▼ 1.7pp-1.5%▼ 0.1pp
Equity€1.9m-€777,350▼ 59.4%€875,195▲ 12.6%€350,758▼ 59.9%€474,374▲ 35.2%
Total assets€3.6m-€2.4m▼ 33.8%€7.6m▲ 217%€4.0m▼ 47.7%€2.4m▼ 40.8%
Debt€1.7m-€1.6m▼ 5.3%€6.7m▲ 315%€3.6m▼ 46.2%€1.9m▼ 48.1%
Working capital€1.9m-€791,129▼ 58.7%€862,225▲ 9.0%€308,811▼ 64.2%€449,782▲ 45.6%
Staff (FTE)11.4-9.6▼ 15.8%12.2▲ 27.1%10.2▼ 16.4%7.9▼ 22.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €255,990 in 2014 against €356,260 in 2013; the loss shrinks.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €2.4m
Fixed assets
€30,763 ▼ 30.1%
Current assets
€2.3m ▼ 40.9%
Equity and liabilities €2.4m
Equity
€474,374 ▲ 35.2%
Debt
€1.9m ▼ 48.1%
Debt's share of the balance-sheet total falls from 91.2% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€241,488▲
2013 · -€345,411
Cash flow
€138,118▲
2013 · -€513,587
Current ratio
1.24▲
2013 · 1.09
ROE
26.1%▲
2013 · -149.5%
ROA
5.2%▲
2013 · -13.2%
Interest coverage
-18.34▼
2013 · -6.15
Debt ≤ 1 year
€1.9m▼
2013 · €3.6m
Income taxes
€551▲
2013 · €180
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €21.3m | €19.5m | €26.9m | €25.3m | €17.3m | ▼ 31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,355 | €16,062 | €5,500 | €10,849 | €14,501 | ▲ 33.7% |
| Operating profit (loss)9901 | -€131,052 | -€35,016 | €85,132 | -€356,260 | -€255,990 | ▲ 28.1% |
| Recurring financial income75 | €340,012 | €142,946 | €149,333 | €294,156 | €408,683 | ▲ 38.9% |
| Recurring financial charges65 | €28,626 | €33,705 | €136,621 | €134,879 | €44,786 | ▼ 66.8% |
| Debt charges650 | €8,356 | €6,234 | €67,846 | €56,204 | €13,168 | ▼ 76.6% |
| Profit (loss) for the period before taxes9903 | €185,549 | €102,651 | €97,844 | -€524,257 | €124,167 | ▲ 124% |
| Income taxes67/77 | - | - | - | €180 | €551 | ▲ 207% |
| Profit (loss) for the period9904 | €185,549 | €102,651 | €97,844 | -€524,436 | €123,616 | ▲ 124% |
| Profit (loss) for the period to be appropriated9905 | €185,549 | €102,651 | €97,844 | -€524,436 | €123,616 | ▲ 124% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €2.4m | €7.6m | €4.0m | €2.4m | ▼ 40.8% |
| Fixed assets21/28 | €17,606 | €4,518 | €36,766 | €44,010 | €30,763 | ▼ 30.1% |
| Tangible fixed assets22/27 | €15,776 | €2,521 | €34,769 | €44,010 | €30,763 | ▼ 30.1% |
| Financial fixed assets28 | €1,830 | €1,996 | €1,996 | - | - | - |
| Current assets29/58 | €3.6m | €2.4m | €7.6m | €3.9m | €2.3m | ▼ 40.9% |
| Stocks and contracts in progress3 | - | - | €1,781 | - | - | - |
| Amounts receivable within one year40/41 | €3.5m | €2.2m | €7.5m | €3.8m | €2.3m | ▼ 39.9% |
| Cash at bank and in hand54/58 | €123,840 | €166,110 | €110,912 | €154,385 | €63,754 | ▼ 58.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €2.4m | €7.6m | €4.0m | €2.4m | ▼ 40.8% |
| Equity10/15 | €1.9m | €777,350 | €875,195 | €350,758 | €474,374 | ▲ 35.2% |
| Contributions10/11 | €2.6m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Profit (loss) carried forward14 | -€687,261 | -€584,609 | -€486,765 | -€1.0m | -€887,585 | ▲ 12.2% |
| Amounts payable17/49 | €1.7m | €1.6m | €6.7m | €3.6m | €1.9m | ▼ 48.1% |
| Amounts payable within one year42/48 | €1.7m | €1.6m | €6.7m | €3.6m | €1.9m | ▼ 48.3% |
| Trade debts44 | €190,813 | €75,786 | €478,481 | €374,773 | €131,593 | ▼ 64.9% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €185,549 | €102,651 | €97,844 | -€524,436 | €123,616 | ▲ 124% |
| + Depreciation and write-downs630 | €30,355 | €16,062 | €5,500 | €10,849 | €14,501 | ▲ 33.7% |
| Operating cash flow (approximation) | €215,904 | €118,713 | €103,345 | -€513,587 | €138,118 | ▲ 127% |
| Investment in fixed assets (approximation) | - | -€2,974 | -€37,748 | -€18,094 | -€1,254 | ▲ 93.1% |
| Change in cash | - | €42,269 | -€55,198 | €43,473 | -€90,631 | ▼ 308% |
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
2015
05-10
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Mechelen · event 01-10-2015
2014
10-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
31-03
Financial
Back to profitnet €123,616
Net result €123,616 after one loss-making year.
2013
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
31-03
Financial
Weakest financial yearnet -€524,436
Net result drops to -€524,436, the lowest in the series.
2012
17-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 47 days late
2011
22-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 22 days late
2010
12-10
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2009
26-11
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 26 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 118 days late
2007
03-12
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 33 days late
2006
19-07
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
26-09
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Mechelen · 1 establishment unit since 2000
Ground area
3,774 m²
Building footprint
1,005 m²
Volume, LiDAR
16,687 m³
Parcel 12402A0204/00R000, Flanders · tallest building 24.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
BAS DISTRIBUTION
since 20002.075.776.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0204/00R000 | Flanders | 3,774 m² | 1 · 1,004 m² | 24.9 m · 6 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 | Mr VAN HOCHT KRISTIN KONINGIN ASTRIDLAAN 77, 2800 MECHELEN |
01-10-2015 → present |
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Of 1,567 companies in sector 46900 we hold annual accounts for 920. 669 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
Founded15-02-1996
Fiscal year end31-03
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
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.