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BAYERSAN

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0699.487.388

A bankruptcy procedure is open for BAYERSAN according to publications in the Belgian State Gazette; curator: NATHALIE TAEYMANS.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €48,080 and a net result of €1,542.

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
12 September 2024
Supervising judge
Jacques Leys
Official Gazette
18-09-2024 (pdf) ↗search the document for 2024/134765

Deadlines

Provisional date payments stopped
12 September 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 3 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 8 November 2024Goods 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 12 September 2025Late, 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
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
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 2 July 2018, BAYERSAN was incorporated.1 Total assets went from EUR 54,207 in 2018 to EUR 57,530 in 2021.2 The company was declared bankrupt on 12 September 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 18-09-2024

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
€48,080▲ 3.3%
2020 · €46,537
Total assets
€57,530▲ 2.4%
2020 · €56,182
Net result
€1,542▲ 164%
2020 · €584
Working capital
€45,612▲ 4.1%
2020 · €43,815
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€10,951-€25,891▲ 136%€2,390▼ 90.8%€3,031▲ 26.8%
Net result€8,712-€18,641▲ 114%€584within the sector's middle half▼ 96.9%€1,542within the sector's middle half▲ 164%
Equity€27,312-€45,953▲ 68.3%€46,537within the sector's middle half▲ 1.3%€48,080within the sector's middle half▲ 3.3%
Total assets€54,207-€58,116▲ 7.2%€56,182below the sector's middle half▼ 3.3%€57,530below the sector's middle half▲ 2.4%
Debt€26,895-€12,163▼ 54.8%€9,644▼ 20.7%€9,451▼ 2.0%
Working capital€48,324-€44,527▼ 7.9%€43,815within the sector's middle half▼ 1.6%€45,612within the sector's middle half▲ 4.1%
Solvency50.4%-79.1%▲ 28.7pp82.8%above the sector's middle half▲ 3.8pp83.6%above the sector's middle half▲ 0.7pp
Current ratio9.21-4.71▼ 4.505.59above the sector's middle half▲ 0.885.83above the sector's middle half▲ 0.24
Return on assets (ROA)16.1%-32.1%▲ 16.0pp1.0%within the sector's middle half▼ 31.0pp2.7%within the sector's middle half▲ 1.6pp
Staff (FTE)0.8below the sector's middle half0.5▼ 37.5%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2018: €10,951€10,951Net result 2018: €8,712€8,712Operating result 2019: €25,891€25,891Net result 2019: €18,641€18,641Operating result 2020: €2,390€2,390Net result 2020: €584€584Operating result 2021: €3,031€3,031Net result 2021: €1,542€1,5422018201920202021€0€10,000€20,000€30,000Operating result 2019: €25,891€25,900Net result 2019: €18,641€18,600Operating result 2020: €2,390€2,390Net result 2020: €584€584Operating result 2021: €3,031€3,030Net result 2021: €1,542€1,540201920202021
The operating result recovers in 2021; 2021 is 27% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €57,530
Fixed assets €2,468 ▼ 12.5%
Current assets €55,063 ▲ 3.2%
Equity and liabilities €57,530
Equity €48,080 ▲ 3.3%
Debt €9,451 ▼ 2.0%
Debt's share of the balance-sheet total falls from 17.2% to 16.4%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€3,784▲
2020 · €2,936
Cash flow
€2,295▲
2020 · €1,130
Debt to equity
0.20
ROE
3.2%▲
2020 · 1.3%
Interest coverage
24.80
Debt ≤ 1 year
€9,451▼
2020 · €9,547
Income taxes
€1,336▼
2020 · €1,676
Staff costs
€10,115
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 · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€56,182€57,530▲
Fixed assets21/28€2,820€2,468▼
Tangible fixed assets22/27€2,820€2,068▼
Plant, machinery and equipment23-€795
Furniture and vehicles24-€1,273
Financial fixed assets28-€400
Current assets29/58€53,361€55,063▲
Amounts receivable within one year40/41€32,797€41,199▲
Trade receivables40-€22,586
Other amounts receivable41-€18,613
Cash at bank and in hand54/58€17,964€6,656▼
Deferred charges and accrued income490/1-€7,207
Equity and liabilities
Total equity and liabilities10/49€56,182€57,530▲
Equity10/15€46,537€48,080▲
Contributions10/11-€18,600
Reserves13€1,468€1,468=
Non-distributable reserves130/1-€1,468
Reserves not available under the articles1311-€1,468
Profit (loss) carried forward14€26,470€28,012▲
Amounts payable17/49€9,644€9,451▼
Amounts payable within one year42/48€9,547€9,451▼
Trade debts44€5,748€7,872▲
Suppliers440/4-€7,872
Taxes, remuneration and social security45-€1,578
Taxes450/3-€1,400
Remuneration and social security454/9-€179
Income statement Code20202021
Remuneration, social security and pensions62-€10,115
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545€753▲
Other operating charges640/8-€2,399
Gross operating margin9900€11,865€16,299▲
Operating profit (loss)9901€2,390€3,031▲
Recurring financial income75€19-
Financial charges65/66B-€153
Recurring financial charges65€149€153▲
Profit (loss) for the period before taxes9903€2,260€2,879▲
Income taxes67/77€1,676€1,336▼
Profit (loss) for the period9904€584€1,542▲
Profit (loss) for the period to be appropriated9905€584€1,542▲
Appropriation of the result
Profit (loss) to be appropriated9906-€28,012
Profit (loss) brought forward from the previous period14P-€26,470

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€10,115-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,997€545€753▲ 38.0%
Other operating charges640/8---€2,399-
Gross operating margin9900€11,088€36,481€11,865€16,299▲ 37.4%
Operating profit (loss)9901€10,951€25,891€2,390€3,031▲ 26.8%
Recurring financial income75-€0€19--
Financial charges65/66B---€153-
Recurring financial charges65€11€10€149€153▲ 2.4%
Profit (loss) for the period before taxes9903€10,940€25,881€2,260€2,879▲ 27.4%
Income taxes67/77€2,228€7,239€1,676€1,336▼ 20.3%
Profit (loss) for the period9904€8,712€18,641€584€1,542▲ 164%
Profit (loss) for the period to be appropriated9905€8,712€18,641€584€1,542▲ 164%
Line2018201920202021Change
Assets
Total assets20/58€54,207€58,116€56,182€57,530▲ 2.4%
Fixed assets21/28-€1,590€2,820€2,468▼ 12.5%
Tangible fixed assets22/27-€1,590€2,820€2,068▼ 26.7%
Plant, machinery and equipment23---€795-
Furniture and vehicles24---€1,273-
Financial fixed assets28---€400-
Current assets29/58€54,207€56,526€53,361€55,063▲ 3.2%
Amounts receivable within one year40/41€32,889€36,459€32,797€41,199▲ 25.6%
Trade receivables40---€22,586-
Other amounts receivable41---€18,613-
Cash at bank and in hand54/58€20,898€17,174€17,964€6,656▼ 62.9%
Deferred charges and accrued income490/1---€7,207-
Equity and liabilities
Total equity and liabilities10/49€54,207€58,116€56,182€57,530▲ 2.4%
Equity10/15€27,312€45,953€46,537€48,080▲ 3.3%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€536€1,468€1,468€1,468=
Non-distributable reserves130/1---€1,468-
Reserves not available under the articles1311---€1,468-
Profit (loss) carried forward14€8,176€25,885€26,470€28,012▲ 5.8%
Amounts payable17/49€26,895€12,163€9,644€9,451▼ 2.0%
Amounts payable within one year42/48€5,883€11,999€9,547€9,451▼ 1.0%
Trade debts44€3,655€3,530€5,748€7,872▲ 37.0%
Suppliers440/4---€7,872-
Taxes, remuneration and social security45---€1,578-
Taxes450/3---€1,400-
Remuneration and social security454/9---€179-
Line2018201920202021Change
Profit (loss) for the period9904€8,712€18,641€584€1,542▲ 164%
+ Depreciation and write-downs630-€1,997€545€753▲ 38.0%
Operating cash flow (approximation)€8,712€20,639€1,130€2,295▲ 103%
Investment in fixed assets (approximation)---€1,776-€400▲ 77.5%
Change in cash--€3,724€790-€11,308▼ 1,531%

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

2024
18-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-09-2024
13-05
KBO administration Address struck
Terhagelaan 6 2160 L’adresse du siège Terhagelaan 6 2160 Wom- Die Sitzadresse Terhagelaan 6 2160 Wom- Wommelgem is doorgehaald met ingang van melgem · event 11-03-2024
2023
04-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 157 days late
2021
09-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial Weakest financial yearnet €584 ▼96.9%
Net result drops to €584, the lowest in the series.
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial Highest result since 2018net €18,641 ▲114%
Operating result €25,891, net result €18,641, both a record.
10-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 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, Wommelgem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
953 m²
Building footprint
212 m²
Volume, LiDAR
938 m³
Parcel 11052C0490/00N002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B.E Verwarming
Repair, maintenance and installation of machinery and equipment
since 20182.277.370.849
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052C0490/00N002 Flanders 953 m² 1 · 212 m² 7.0 m · 2 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 NATHALIE TAEYMANS
CUYLITSSTRAAT 48, 2018 ANTWERPEN 1
12-09-2024 → present

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Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 8,539 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)
Founded02-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43320Joinery installation
43410Roofing work
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
47540Retail sale of electrical household appliances
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 30 September 2026 · Peppol Directory

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