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BELGIRON

Bankruptcy closed
Private limited company (pre-2019)founded 2002Rubensstraat 104, 2300 Turnhout, BelgiumKBO/BCE: BE 0477.818.436

Inactive since 10-06-2026; last annual accounts for fiscal year 2023.

Summary

BELGIRON was declared bankrupt on 18-02-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 09-06-2026, published in the Belgian State Gazette on 15-06-2026.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 15-06-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-09-2024, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
55 d late
2022
92 d late
2021
324 d late
2020
88 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 130 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 June 2002, BELGIRON was incorporated.1 Total assets went from EUR 620,972 in 2018 to EUR 281,229 in 2023.2 The company was declared bankrupt on 18 February 2025; the bankruptcy was closed on 9 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 24-02-2025
  4. 4Belgian State Gazette, 15-06-2026

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Equity
-€131,807▲ 54.7%
2022 · -€291,279
Total assets
€281,229▲ 5.0%
2022 · €267,872
Net result
€159,472▲ 45.5%
2022 · €109,572
Working capital
-€133,307▲ 54.5%
2022 · -€292,779
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€12,808-€289,097▼ 2,157%-€133,654▲ 53.8%-€53,185▲ 60.2%€70,250
Net result-€212,500-€323,334below the sector's middle half▼ 52.2%-€110,962below the sector's middle half▲ 65.7%€109,572within the sector's middle half€159,472above the sector's middle half▲ 45.5%
Equity€33,444▼ 86.4%-€289,889below the sector's middle half-€400,851below the sector's middle half▼ 38.3%-€291,279below the sector's middle half▲ 27.3%-€131,807below the sector's middle half▲ 54.7%
Total assets€777,326▲ 25.2%€407,732above the sector's middle half▼ 47.5%€410,613above the sector's middle half▲ 0.7%€267,872below the sector's middle half▼ 34.8%€281,229below the sector's middle half▲ 5.0%
Debt€743,882▲ 98.4%€697,621▼ 6.2%€811,464▲ 16.3%€559,151▼ 31.1%€413,036▼ 26.1%
Working capital€99,944▼ 77.5%-€265,389below the sector's middle half-€402,351below the sector's middle half▼ 51.6%-€292,779below the sector's middle half▲ 27.2%-€133,307below the sector's middle half▲ 54.5%
Solvency4.3%▼ 35.3pp-71.1%below the sector's middle half▼ 75.4pp-97.6%below the sector's middle half▼ 26.5pp-108.7%below the sector's middle half▼ 11.1pp-46.9%below the sector's middle half▲ 61.9pp
Current ratio1.16▼ 2.380.59below the sector's middle half▼ 0.570.50below the sector's middle half▼ 0.090.48below the sector's middle half▼ 0.030.68below the sector's middle half▲ 0.20
Return on assets (ROA)-27.3%▼ 28.8pp-79.3%below the sector's middle half▼ 52.0pp-27.0%below the sector's middle half▲ 52.3pp40.9%above the sector's middle half▲ 67.9pp56.7%above the sector's middle half▲ 15.8pp
Staff (FTE)0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2019: -€12,808-€12,808Net result 2019: -€212,500-€212,500Operating result 2020: -€289,097-€289,097Net result 2020: -€323,334-€323,334Operating result 2021: -€133,654-€133,654Net result 2021: -€110,962-€110,962Operating result 2022: -€53,185-€53,185Net result 2022: €109,572€109,572Operating result 2023: €70,250€70,250Net result 2023: €159,472€159,47220192020202120222023-€200,000-€100,000€0€100,000€200,000Operating result 2021: -€133,654-€134,000Net result 2021: -€110,962-€111,000Operating result 2022: -€53,185-€53,200Net result 2022: €109,572€110,000Operating result 2023: €70,250€70,200Net result 2023: €159,472€159,000202120222023
The operating result returns to profit in 2023: €70,250 after a loss of €53,185 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €281,229
Fixed assets €1,500 =
Current assets €279,729 ▲ 5.0%
Key figures and ratios
2023 value · change against 2022
Quick ratio
0.55▲
2022 · 0.29
Debt to equity
-3.13▼
2022 · -1.92
Debt ≤ 1 year
€413,036▼
2022 · €559,151
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 · 2023 against 2022 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€267,872€281,229▲
Fixed assets21/28€1,500€1,500=
Financial fixed assets28€1,500€1,500=
Current assets29/58€266,372€279,729▲
Stocks and contracts in progress3€103,678€51,698▼
Stocks30/36€103,678€51,698▼
Amounts receivable within one year40/41€143,861€207,310▲
Trade receivables40€143,817€161,022▲
Other amounts receivable41€44€46,288▲
Cash at bank and in hand54/58€17,840€20,721▲
Deferred charges and accrued income490/1€994€0▼
Equity and liabilities
Total equity and liabilities10/49€267,872€281,229▲
Equity10/15-€291,279-€131,807▲
Contributions10/11€18,600€18,600=
Reserves13€227,345€227,345=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€225,485€225,485=
Profit (loss) carried forward14-€537,224-€377,753▲
Amounts payable17/49€559,151€413,036▼
Amounts payable within one year42/48€559,151€413,036▼
Financial debts43€150,000€0▼
Credit institutions430/8€150,000€0▼
Trade debts44€307,467€348,588▲
Suppliers440/4€307,467€348,588▲
Taxes, remuneration and social security45€69,430€55,781▼
Taxes450/3€69,430€55,781▼
Other amounts payable47/48€32,255€8,666▼
Income statement Code20222023
Other operating charges640/8€1,889€705▼
Gross operating margin9900-€51,296€70,955▲
Operating profit (loss)9901-€53,185€70,250▲
Financial income75/76B€169,667€124,966▼
Recurring financial income75€169,667€3,268▼
Non-recurring financial income76B€169,667€121,698▼
Financial charges65/66B€6,910€35,744▲
Recurring financial charges65€6,910€9,980▲
Non-recurring financial charges66B-€25,764
Profit (loss) for the period before taxes9903€109,572€159,472▲
Profit (loss) for the period9904€109,572€159,472▲
Profit (loss) for the period to be appropriated9905€109,572€159,472▲
Appropriation of the result
Profit (loss) to be appropriated9906-€537,224-€377,753▲
Profit (loss) brought forward from the previous period14P-€646,796-€537,224▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,000€8,000----
Other operating charges640/8--€25,792€1,889€705▼ 62.7%
Gross operating margin9900-€3,856-€280,496-€107,862-€51,296€70,955▲ 238%
Operating profit (loss)9901-€12,808-€289,097-€133,654-€53,185€70,250▲ 232%
Financial income75/76B--€28,510€169,667€124,966▼ 26.3%
Recurring financial income75€10€2,230€28,510€169,667€3,268▼ 98.1%
Non-recurring financial income76B--€28,510€169,667€121,698▼ 28.3%
Financial charges65/66B--€5,818€6,910€35,744▲ 417%
Recurring financial charges65€36,432€3,662€5,818€6,910€9,980▲ 44.4%
Non-recurring financial charges66B----€25,764-
Profit (loss) for the period before taxes9903-€49,230-€323,334-€110,962€109,572€159,472▲ 45.5%
Income taxes67/77€163,270-----
Profit (loss) for the period9904-€212,500-€323,334-€110,962€109,572€159,472▲ 45.5%
Profit (loss) for the period to be appropriated9905-€212,500-€323,334-€110,962€109,572€159,472▲ 45.5%
Line20192020202120222023Change
Assets
Total assets20/58€777,326€407,732€410,613€267,872€281,229▲ 5.0%
Fixed assets21/28€33,500€25,500€1,500€1,500€1,500=
Tangible fixed assets22/27€32,000€24,000----
Financial fixed assets28€1,500€1,500€1,500€1,500€1,500=
Current assets29/58€743,826€382,232€409,113€266,372€279,729▲ 5.0%
Stocks and contracts in progress3€468,272€157,143€82,862€103,678€51,698▼ 50.1%
Stocks30/36--€82,862€103,678€51,698▼ 50.1%
Amounts receivable within one year40/41€210,437€167,664€273,478€143,861€207,310▲ 44.1%
Trade receivables40--€257,505€143,817€161,022▲ 12.0%
Other amounts receivable41--€15,972€44€46,288▲ 105,943%
Cash at bank and in hand54/58€65,117€49,883€51,947€17,840€20,721▲ 16.2%
Deferred charges and accrued income490/1--€826€994€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€777,326€407,732€410,613€267,872€281,229▲ 5.0%
Equity10/15€33,444-€289,889-€400,851-€291,279-€131,807▲ 54.7%
Contributions10/11€18,600-€18,600€18,600€18,600=
Reserves13€227,344€227,345€227,345€227,345€227,345=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133--€225,485€225,485€225,485=
Profit (loss) carried forward14-€212,500-€535,834-€646,796-€537,224-€377,753▲ 29.7%
Amounts payable17/49€743,882€697,621€811,464€559,151€413,036▼ 26.1%
Amounts payable within one year42/48€643,882€647,621€811,464€559,151€413,036▼ 26.1%
Current portion of amounts payable after more than one year42--€110,763---
Financial debts43--€150,000€150,000€0▼ 100%
Credit institutions430/8--€150,000€150,000€0▼ 100%
Trade debts44€278,271€218,293€417,850€307,467€348,588▲ 13.4%
Suppliers440/4--€417,850€307,467€348,588▲ 13.4%
Taxes, remuneration and social security45--€54,451€69,430€55,781▼ 19.7%
Taxes450/3--€54,451€69,430€55,781▼ 19.7%
Other amounts payable47/48--€78,399€32,255€8,666▼ 73.1%
Line20192020202120222023Change
Profit (loss) for the period9904-€212,500-€323,334-€110,962€109,572€159,472▲ 45.5%
+ Depreciation and write-downs630€8,000€8,000----
Operating cash flow (approximation)-€204,500-€315,334-€110,962€109,572€159,472▲ 45.5%
Investment in fixed assets (approximation)-€0€24,000€0€0-
Change in cash--€15,234€2,064-€34,107€2,881▲ 108%

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

2026
15-06
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 09-06-2026
2025
24-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 18-02-2025
2024
24-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 55 days late
2023
31-12
Financial Highest result since 2018net €159,472 ▲45.5%
Operating result €70,250, net result €159,472, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 324 days late
2022
31-12
Financial Back to profitnet €109,572
Net result €109,572 after 3 loss-making years.
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial Weakest financial yearnet -€323,334
Net result drops to -€323,334, the lowest in the series.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
08-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 100 days late
2018
08-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
Show earlier events
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
07-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 68 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Turnhout
exact location from the address register On OpenStreetMap
Ground area
282 m²
Parcel 13453O0732/00H000, Flanders. Linked by address, not a title deed.
71 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13453O0732/00H000 Flanders 282 m² - -
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 MICHIEL ROETS
RUBENSSTRAAT 165 BUS 2, 2300 TURNHOUT
18-02-2025 → 09-06-2026

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,662 companies in sector 47811 we hold annual accounts for 5,227. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
33120Repair and maintenance of machinery
47820Retail sale of motor vehicle parts and accessories
46820Wholesale trade
46871Wholesale trade
46872Wholesale 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 29 September 2026 · Peppol Directory

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