BEGRAD
Open bankruptcySummary
A bankruptcy procedure is open for BEGRAD according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €210,128 and a net result of -€118,842.
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, Hasselt division
- Declared bankrupt
- 18 June 2026
- Supervising judge
- Rijn Delbroek
- Official Gazette
- 24-06-2026 (pdf) ↗search the document for 2026/127983
Curators
- Michael WarsonHavermarkt 22, 3500 Hasseltinfo@solvimus.be
- Tom RenckensHavermarkt 22, 3500 Hasselttom@solvimus.be
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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
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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 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
29 d early
2023
8 d early
2022
25 d early
2021
on the day
2020
1 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
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 Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Activities of holding companies sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€210,128▼ 36.1%
2024 · €328,970
Net result
-€118,842
2024 · €79,790
Total assets
€729,623▼ 69.6%
2024 · €2.4m
Solvency
28.8%▲ 15.1pp
2024 · 13.7%
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
Line20212022202320242025
Operating result€85,567▲ 72.2%€90,238▲ 5.5%€131,691▲ 45.9%€120,176▼ 8.7%€47,933▼ 60.1%
Net result€60,291▲ 73.0%€39,214▼ 35.0%€79,011▲ 101%€79,790▲ 1.0%-€118,842
Equity€133,354▲ 80.5%€170,969▲ 28.2%€249,180▲ 45.7%€328,970▲ 32.0%€210,128▼ 36.1%
Total assets€1.6m▲ 507%€2.3m▲ 42.0%€2.2m▼ 3.6%€2.4m▲ 8.4%€729,623▼ 69.6%
Debt€1.5m▲ 670%€2.1m▲ 43.2%€2.0m▼ 7.6%€2.1m▲ 5.4%€519,495▼ 74.9%
Working capital-€194,003-€423,946▼ 119%-€312,719▲ 26.2%-€454,203▼ 45.2%€2,121
Solvency8.2%▼ 19.4pp7.4%▼ 0.8pp11.2%▲ 3.8pp13.7%▲ 2.5pp28.8%▲ 15.1pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €729,623
Fixed assets
€242,449 ▼ 88.6%
Current assets
€487,174 ▲ 73.3%
Equity and liabilities €729,623
Equity
€210,128 ▼ 36.1%
Debt
€519,495 ▼ 74.9%
Debt's share of the balance-sheet total falls from 86.3% to 71.2%. Equity and debt are lower.
Key figures and ratios
ROE
-56.6%▼
2024 · 24.3%
ROA
-16.3%▼
2024 · 3.3%
Debt ≤ 1 year
€485,054▼
2024 · €735,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,342 | €6,342 | €6,342 | €19,888 | €6,342 | ▼ 68.1% |
| Other operating charges640/8 | - | €479 | €1,745 | €221 | €33,865 | ▲ 15,224% |
| Gross operating margin9900 | €92,249 | €97,059 | €139,777 | €140,285 | €88,139 | ▼ 37.2% |
| Operating profit (loss)9901 | €85,567 | €90,238 | €131,691 | €120,176 | €47,933 | ▼ 60.1% |
| Financial income75/76B | - | €75 | €70 | - | €147 | - |
| Recurring financial income75 | €3 | €75 | €70 | - | €147 | - |
| Financial charges65/66B | - | €36,312 | €32,536 | €40,386 | €166,921 | ▲ 313% |
| Recurring financial charges65 | €10,137 | €36,312 | €32,536 | €40,386 | €166,921 | ▲ 313% |
| Profit (loss) for the period before taxes9903 | €75,433 | €54,002 | €99,225 | €79,790 | -€118,842 | ▼ 249% |
| Income taxes67/77 | €15,142 | €14,787 | €20,214 | - | - | - |
| Profit (loss) for the period9904 | €60,291 | €39,214 | €79,011 | €79,790 | -€118,842 | ▼ 249% |
| Profit (loss) for the period to be appropriated9905 | €60,291 | €39,214 | €79,011 | €79,790 | -€118,842 | ▼ 249% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €2.3m | €2.2m | €2.4m | €729,623 | ▼ 69.6% |
| Fixed assets21/28 | €1.3m | €1.9m | €2.0m | €2.1m | €242,449 | ▼ 88.6% |
| Tangible fixed assets22/27 | €1.2m | €1.8m | €1.9m | €2.0m | €131,051 | ▼ 93.5% |
| Land and buildings22 | - | €150,075 | €143,734 | €2.0m | €131,051 | ▼ 93.5% |
| Assets under construction and advance payments27 | - | €1.7m | €1.7m | - | - | - |
| Financial fixed assets28 | €111,398 | €111,398 | €111,398 | €111,398 | €111,398 | = |
| Current assets29/58 | €280,395 | €375,519 | €219,640 | €281,079 | €487,174 | ▲ 73.3% |
| Amounts receivable within one year40/41 | €265,072 | €370,296 | €212,559 | €280,392 | €474,867 | ▲ 69.4% |
| Trade receivables40 | - | €261,391 | €211,043 | €258,820 | €337,233 | ▲ 30.3% |
| Other amounts receivable41 | - | €108,905 | €1,516 | €21,572 | €137,634 | ▲ 538% |
| Cash at bank and in hand54/58 | €10,443 | €722 | €1,567 | - | €11,688 | - |
| Deferred charges and accrued income490/1 | - | €4,501 | €5,515 | €687 | €619 | ▼ 9.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €2.3m | €2.2m | €2.4m | €729,623 | ▼ 69.6% |
| Equity10/15 | €133,354 | €170,969 | €249,180 | €328,970 | €210,128 | ▼ 36.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Other1109/19 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €1,860 | €41,074 | €41,074 | €41,074 | €41,074 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €39,214 | €39,214 | €39,214 | €39,214 | = |
| Profit (loss) carried forward14 | €119,094 | €117,494 | €195,706 | €275,496 | €156,654 | ▼ 43.1% |
| Amounts payable17/49 | €1.5m | €2.1m | €2.0m | €2.1m | €519,495 | ▼ 74.9% |
| Amounts payable after more than one year17 | €1.0m | €1.3m | €1.4m | €1.3m | - | - |
| Financial debts170/4 | - | €1.3m | €1.4m | €1.3m | - | - |
| Amounts payable within one year42/48 | €474,398 | €799,466 | €532,359 | €735,282 | €485,054 | ▼ 34.0% |
| Current portion of amounts payable after more than one year42 | - | €26,681 | €111,017 | €125,719 | €3,054 | ▼ 97.6% |
| Financial debts43 | - | - | - | €17,580 | €17,580 | = |
| Credit institutions430/8 | - | - | - | €17,580 | €17,580 | = |
| Trade debts44 | €21,508 | €340,354 | €226,783 | €305,276 | €27,593 | ▼ 91.0% |
| Suppliers440/4 | - | €340,354 | €226,783 | €305,276 | €27,593 | ▼ 91.0% |
| Taxes, remuneration and social security45 | - | €4,200 | €60,745 | €28,577 | €74,906 | ▲ 162% |
| Taxes450/3 | - | - | €39,745 | €28,577 | €66,080 | ▲ 131% |
| Remuneration and social security454/9 | - | €4,200 | €21,000 | - | €8,827 | - |
| Other amounts payable47/48 | - | €428,230 | €133,815 | €258,130 | €361,921 | ▲ 40.2% |
| Accrued charges and deferred income492/3 | - | €2,319 | €4,781 | €7,781 | €34,441 | ▲ 343% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,291 | €39,214 | €79,011 | €79,790 | -€118,842 | ▼ 249% |
| + Depreciation and write-downs630 | €6,342 | €6,342 | €6,342 | €19,888 | €6,342 | ▼ 68.1% |
| Operating cash flow (approximation) | €66,632 | €45,556 | €85,353 | €99,678 | -€112,500 | ▼ 213% |
| Investment in fixed assets (approximation) | - | -€590,625 | -€78,750 | -€143,984 | €1.9m | ▲ 1,399% |
| Change in cash | - | -€9,721 | €845 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
24-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 18-06-2026
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€118,842
Net result drops to -€118,842, the lowest in the series.
30-06
Financial
Liquidity triplescurrent ratio 1.00
Current ratio from 0.38 to 1.00; short-term debt falls from €735,282 to €485,054.
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €79,790 ▲1%
Net result €79,790, the highest in the series.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200,000Eq €249,180 ▲45.7%
5 profitable years in a row build equity to €249,180.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150,000Eq €170,969 ▲28.2%
4 profitable years in a row build equity to €170,969.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100,000Eq €133,354 ▲80.5%
3 profitable years in a row build equity to €133,354.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
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.
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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, Dilsen-Stokkem · 1 establishment unit since 2018
Ground area
623 m²
Building footprint
169 m²
Volume, LiDAR
929 m³
Parcel 72007B0032/00T000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BEGRAD
since 20182.277.367.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72007B0032/00T000 | Flanders | 623 m² | 1 · 169 m² | 8.5 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MICHAEL WARSON HAVERMARKT 22, 3500 HASSELT- |
18-06-2026 → present |
| Curator | TOM RENCKENS HAVERMARKT 22,
3500 HASSELT |
18-06-2026 → present |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the annual accounts to 30-06-2025 of BEGRAD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 13,533 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
Founded28-06-2018
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0698910536
Also
9925:BE0698910536
Registered
01-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.