BelGaN
A bankruptcy procedure is open for BelGaN according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €49.17M and a net result of €-8.26M.
| Equity | €49.17M |
| Net result | €-8.26M |
| Staff (FTE) | 420.9 |
| Better than sector | 65% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.8% | 33.0% | |
| Net result | €-8.26M | €8k | |
| Equity | €49.17M | €37k | |
| Staff costs | €40.71M | €154k | |
| Total assets | €98.74M | €179k |
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €55.44M |
| EBITDA | €-6.43M |
| Net profit | €-8.26M |
| Cash flow | €-4.50M |
| Staff costs | €40.71M |
| Income taxes | €-23k |
| Dividends | - |
| Total assets | €98.74M |
| Equity | €49.17M |
| Debt | €49.56M |
| of which ≤ 1y | €38.60M |
| of which > 1y | €10.54M |
| Working capital | €1.69M |
| Employees (FTE) | 420.9 |
| 2023 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.47 |
| Working capital ratio | 1.7% |
| Solvency | 49.8% |
| Debt / equity | 1.01 |
| Long-term debt ratio | 0.21 |
| Interest coverage | -11.09 |
| Gross margin | 80.6% |
| Net margin | -14.9% |
| ROA | -8.4% |
| ROE | -16.8% |
| EBITDA margin | -11.6% |
| Days sales outstanding | 42d |
| Days payable outstanding | 617d |
| Inventory turnover | 0.49 |
| Days inventory (DSI) | 749d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €98.74M |
| Fixed assets | 21/28 | €58.16M |
| Formation expenses | 20 | €291k |
| Intangible fixed assets | 21 | €745k |
| Tangible fixed assets | 22/27 | €46.91M |
| Financial fixed assets | 28 | €10.51M |
| Current assets | 29/58 | €40.29M |
| Stocks & contracts in progress | 3 | €22.14M |
| Amounts receivable within one year | 40/41 | €13.87M |
| Cash & bank | 54/58 | €3.15M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €98.74M |
| Equity | 10/15 | €49.17M |
| Contributions / capital | 10/11 | €36.51M |
| Reserves | 13 | €2.11M |
| Accumulated profits (losses) | 14 | €-4.48M |
| Provisions & deferred taxes | 16 | €3k |
| Amounts payable | 17/49 | €49.56M |
| Amounts payable after one year | 17 | €10.54M |
| Amounts payable within one year | 42/48 | €38.60M |
| Trade debts payable within one year | 44 | €18.22M |
| Income statement | ||
| Turnover | 70 | €55.44M |
| Operating result | 9901 | €-10.19M |
| Financial income | 75 | €3.50M |
| Financial charges | 65 | €1.60M |
| Result before taxes | 9903 | €-8.29M |
| Income taxes | 67/77 | €-23k |
| Net result for the period | 9904 | €-8.26M |
| Result to be appropriated | 9905 | €-8.26M |
-
Peter VandewallePermanente vertegenwoordigerState Gazette act 24015197 (24-01-2024)Current24-01-2024 → present
-
VGD Bedrijfsrevisoren BVLegal entityCommisarisState Gazette act 24015197 (24-01-2024)Current24-01-2024 → present
-
Rob WillemsAlgemeen directeurState Gazette act 22041575 (30-03-2022)Current30-03-2022 → present
-
BelGaN GroupDirectorState Gazette act 22312796 (23-02-2022)Current23-02-2022 → present
Former directors (5)
-
Robertus WillemsPersoon belast met het dagelijks bestuurState Gazette act 25034208 (11-03-2025)Former- → 11-03-2025
-
COOL SandraDirectorState Gazette act 22308390 (03-02-2022)Former07-06-2017 → 30-03-2022
7 events
- 30-03-2022 Resigned· Director
- 23-02-2022 Resigned· Director
- 03-02-2022 Resigned· Director
- 03-02-2022 Appointed· Director
- 27-05-2021 Appointed· Director
- 07-07-2020 Appointed· Director
- 07-06-2017 Appointed· Manager
-
Marc DierickxManagerState Gazette act 21063095 (27-05-2021)Former07-06-2017 → 30-03-2022
4 events
- 30-03-2022 Resigned· Director
- 27-05-2021 Appointed· Manager
- 07-07-2020 Appointed· Director
- 07-06-2017 Appointed· Manager
-
DIERICKX Marc Edgard AlfonsDirectorState Gazette act 22308390 (03-02-2022)Former03-02-2022 → 23-02-2022
3 events
- 23-02-2022 Resigned· Director
- 03-02-2022 Resigned· Director
- 03-02-2022 Appointed· Director
-
Brent WilsonDirectorState Gazette act 20076749 (07-07-2020)Former07-06-2017 → 27-05-2021
3 events
- 27-05-2021 Resigned· Director
- 07-07-2020 Appointed· Director
- 07-06-2017 Appointed· Manager
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Jean-Michel Dalle Statutory auditor |
- | - → 18-09-2015 |
| Peter Vandewalle Commissaris revisor succeeded by VGD Bedrijfsrevisoren burg. CVBA in 2017 |
- | 18-09-2015 → 07-06-2017 |
| Tony Moreels Statutory auditor succeeded by VGD Bedrijfsrevisoren burg. CVBA in 2017 |
- | 18-09-2015 → 07-06-2017 |
| VGD Bedrijfsrevisoren burg. CVBA Commissaris revisor |
- | 07-06-2017 → 07-07-2020 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Ali HEERMAN EINESTRAAT 34, 9700 OUDENAARDE- |
31-07-2024 → present | Belgian State Gazette |
| Curator | Eric FLAMEE EILAND 27,
9520 SINT-LIEVENS-HOUTEM |
31-07-2024 → present | Belgian State Gazette |
| Curator | JURGEN VAN DEN BOSSCHE GENTSTRAAT 152, 9700 OUDEN-
AARDE |
31-07-2024 → present | Belgian State Gazette |
| NACE primary | Vervaardiging van elektronische onderdelen(26110) |
| Legal form | Private limited company(610) |
| Incorporation | 10-05-2002 |
| Status | Active |
| Postal code | 9700 |
| First BS signal | 07-08-2024 |
| Latest BS signal | 07-08-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0128/00F000 | Flanders | 4.4 ha | 1 · 1.6 ha | 22.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-03-2025 Robertus Willems resigns as persoon belast met het dagelijks bestuur
- Robertus Willems, Persoon belast met het dagelijks bestuur
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}01-02-2024 Articles of association amended
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}24-01-2024 2 directors appointed
- VGD Bedrijfsrevisoren BV, Commisaris
- Peter Vandewalle, Permanente vertegenwoordiger
Technical details
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}16-06-2022 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"patrimony_description": "Alle aandelen van de besloten vennootschap BelGaN zijn verenigd in \u00E9\u00E9n hand.",
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"co_filed_documents": [],
"detected_real_type": "other",
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}30-03-2022 1 director appointed, 2 resigning
- Rob Willems, Algemeen directeur
- Marc Dierickx, Bestuurder
- Sandra Cool, Bestuurder
Technical details
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}23-02-2022 Articles of association amended
Technical details
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}03-02-2022 Articles of association amended
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}17-11-2021 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"notary": {
"name": "Frederika LENS",
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"firm_name": "Frederika Lens \u0026 Jo Abbeloos, geassocieerde notarissen",
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"patrimony_description": "De overdracht betreft een bedrijfstak, met name de activiteiten gerelateerd aan de ontwikkeling en productie van halfgeleiders, inclusief de betreffende apparatuur, intellectueel eigendom en personeel.",
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"summary_narrative": "Het bestuursorgaan van ON SEMICONDUCTOR BELGIUM, een besloten vennootschap met zetel te Oudenaarde, heeft op 27 september 2021 een overdracht van een bedrijfstak goedgekeurd. De akte is op 5 november 2021 neergelegd bij de notaris Frederika LENS te Vilvoorde. De overdracht is gevolgd door een uitgifte van de akte en de geco\u00F6rdineerde statuten.",
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"should_reroute_to_category": null
}10-08-2021 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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{
"kbo": null,
"name": "Lulk B vemelden",
"role": "recipient",
"address": "Niet vermeld",
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"summary_narrative": "Op 30 juli 2021 heeft de raad van bestuur van ON Semiconductor Belgium een voorstel ingediend tot overdracht van een bedrijfstak onder bezwarende titel, overeenkomstig artikel 12:103 en 12:93 van het Wetboek van Vennootschappen en Verenigingen. De overdracht is gericht op de overdracht van een bedrijfstak van ON Semiconductor Belgium naar Lulk B vemelden, zonder volledige fusie of splitsing.",
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}27-05-2021 Articles of association amended
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}07-07-2020 5 directors appointed
- Sandra Cool, Bestuurder
- Brent Wilson, Bestuurder
- Marc Dierickx, Bestuurder
- VGD Bedrijfsrevisoren burg. CVBA, Commissaris revisor
- Peter Vandewalle, Commissaris revisor
Technical details
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}07-06-2017 4 directors appointed
- Sandra Cool, Zaakvoerder
- Brent Wilson, Zaakvoerder
- Marc Dierickx, Zaakvoerder
- VGD Bedrijfsrevisoren burg. CVBA, Commissaris revisor
Technical details
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}18-09-2015 2 directors appointed, 1 resigning
- Tony Moreels, Commissaris
- Peter Vandewalle, Commissaris
- Jean-Michel Dalle, Commissaris
Technical details
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"rrn": null,
"name": "Peter Vandewalle",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0477.511.994",
"name_full": "ON Semiconductor Belgium"
}
}18-02-2015 Capital increase of €12,491,190.30 to €21,096,640.30
- €8.605.450 → €21.096.640,30
- Inbreng in geld · Apport en numéraire
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 21096640.3,
"delta_eur": 12491190.3,
"before_eur": 8605450.0,
"contribution_type": "geld"
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0477.511.994",
"name_full": "ON SEMICONDUCTOR BELGIUM"
}
}30-03-2009 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "ON Semiconductor Belgium",
"old": "AMI Semiconductor Belgium",
"changed": true
},
"seat_change": {
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},
"object_change": {
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},
"subject_company": {
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},
"legal_form_change": {
"new": "besloten vennootschap met beperkte aansprakelijkheid",
"old": "besloten vennootschap met beperkte aansprakelijkheid",
"changed": false
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BelGaN |