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Generated 28-06-2026
Active BE 0712.517.656Private limited company (pre-2019)Open bankruptcy

BELGIUM PAYMENT

· 7 yrs active
Sector: Wholesale trade (46140)
Conclusion Checked

A bankruptcy procedure is open for BELGIUM PAYMENT according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €278k and a net result of €233k.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €278k
Net result €233k
Staff (FTE) 9
Better than sector 80%
Snowflake analysis 5 axes · computed by Checked
Health25Profitability100Solvency100Growth50Stability0
55 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 25
Profitability 100
Solvency 100
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2020 · computed
25 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 20-12-2021 with the NBB · fiscal year 2020 · micro
Sector comparison
Fiscal year 2020 · NACE 46 — Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 52.3% 16.3%
better than 80% of 72 sector peers
Net result €160k €2k
better than 95% of 72 sector peers
Equity €278k €20k
better than 95% of 72 sector peers
Gross operating margin €387k €19k
better than 95% of 72 sector peers
Total assets €532k €139k
better than 87% of 72 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2020
Revenue—
EBITDA€238k
Net profit€233k
Cash flow€249k
Staff costs—
Income taxes€53k
Dividends—
Total assets€532k
Equity€278k
Debt€254k
of which ≤ 1y€134k
of which > 1y€120k
Working capital€262k
Employees (FTE)9.0
Ratios (computed)
2020
Current ratio2.96
Quick ratio2.50
Working capital ratio49.3%
Solvency52.3%
Debt / equity0.43
Long-term debt ratio0.43
Interest coverage—
Gross margin—
Net margin—
ROA43.9%
ROE83.8%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet — Assets
TOTAL ASSETS 20/58€532k
Fixed assets 21/28€136k
Intangible fixed assets 21€132k
Tangible fixed assets 22/27€4k
Current assets 29/58€396k
Stocks & contracts in progress 3€62k
Amounts receivable within one year 40/41€141k
Investments 50/53€193k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€532k
Equity 10/15€278k
Contributions / capital 10/11€45k
Reserves 13€16k
Accumulated profits (losses) 14€217k
Amounts payable 17/49€254k
Amounts payable after one year 17€120k
Amounts payable within one year 42/48€134k
Trade debts payable within one year 44€65k
Income statement
Gross operating margin 9900€387k
Operating result 9901€223k
Financial charges 65€10k
Result before taxes 9903€213k
Income taxes 67/77€53k
Net result for the period 9904€160k
Result to be appropriated 9905€160k
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator THOMAS VANDENDRIES
STEENWEG OP SINT JORIS WINGE 21, 3200 AARSCHOT
 10-05-2022 → present Belgian State Gazette
Legal Structure
NACE primary Wholesale trade(46140)
Legal form Private limited company (pre-2019)(015)
Incorporation24-10-2018
StatusActive
Postal code—
First BS signal 17-05-2022
Latest BS signal 17-05-2022
Company structure — linked entities1 linked entities
BELGIUM PAYMENTBE 0712.517.656THOMAS VANDENDRIESReceiver ↔ 193CEBENAXVan den Notelaer,…LEBEGGE-DROSSART …
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 2 locations
BELGIUM PAYMENT
Handelsbemiddeling in machines en uitrusting voor de dienstverlenende sector
since 20182.282.005.865
BELGIUM PAYMENT
Koningin Astridlaan 49, 1780 WemmelHandelsbemiddeling in machines en uitrusting voor de dienstverlenende sector
since 20202.308.468.257
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0226/00W011 Brussels 3,529 m² 1 · 1,878 m² 38.1 m · 7 fl.
22662B0408/00S005 Flanders 1,531 m² 1 · 587 m² 13.9 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
17-05-2022
Bankruptcy Opening
Ondernemingsrechtbank Brussel · BELGIUM PAYMENT BV LOUIZALAAN 523, 1050 ELSENE · event 10-05-2022
2021
20-12-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
05-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals 1 events
17-05-2022
Bankruptcy Opening
Date: 10-05-2022 · Ondernemingsrechtbank Brussel · BELGIUM PAYMENT BV LOUIZALAAN 523, 1050 ELSENE · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-05-17 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen46140Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen46140Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190
Primary activity highlighted.
Names & trade names
Legal nameFR BELGIUM PAYMENT
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative