BELMAR
Bankruptcy closedSummary
BELMAR was declared bankrupt on 18-11-2024 (Tribunal de l’entreprise du Hainaut, division Mons); according to the publications in the Belgian State Gazette the procedure is no longer open (latest notice 31-12-2024). The 2022 annual accounts show negative equity (-€48,540) and a net result of €7,858.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Commercial Court of Hainaut
- Opened
- 27 March 2017
- Delegated judge
- dont la résidence adminis Jacques Thumelaire,
- Official Gazette
- 05-04-2017 (pdf) ↗search the document for 2017/002706
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- How you are paid depends on the track: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this reorganisation? Put the card of BELMAR in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 publicationsPublications
Strikeout withdrawn
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€47,700
EBIT margin
42.9%
Net result
€7,858
2021 · -€714
Working capital
€27,755
2021 · -€49,957
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€47,700-
Operating result€20,457-€50,061▲ 145%-€343,417€6,359€7,858▲ 23.6%
Net result€6,574-€18,491▲ 181%-€343,518-€714▲ 99.8%€7,858
EBIT margin42.9%-
Equity€347,987-€287,832▼ 17.3%-€55,684-€56,398▼ 1.3%-€48,540▲ 13.9%
Total assets€719,195-€316,836▼ 55.9%€89,053▼ 71.9%€59,238▼ 33.5%€58,896▼ 0.6%
Debt€344,715-€2,512▼ 99.3%€118,245▲ 4,607%€89,144▼ 24.6%€80,944▼ 9.2%
Working capital-€86,923-€294,273-€49,243-€49,957▼ 1.4%€27,755
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 24% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €58,896
Fixed assets
€20,051 =
Current assets
€38,845 ▼ 0.9%
Equity and liabilities
Equity-€48,540
Debt€80,944
Equity is negative: debt (€80,944) exceeds the balance-sheet total (€58,896).
Key figures and ratios
Solvency
-82.4%▲
2021 · -95.2%
Current ratio
3.50▲
2021 · 0.44
ROA
13.3%▲
2021 · -1.2%
Debt ≤ 1 year
€11,090▼
2021 · €89,144
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €47,700 | - | - | - | - | - |
| Other operating charges640/8 | - | €317 | €6,529 | - | - | - |
| Gross operating margin9900 | €25,649 | €50,378 | -€336,888 | €6,359 | €7,858 | ▲ 23.6% |
| Operating profit (loss)9901 | €20,457 | €50,061 | -€343,417 | €6,359 | €7,858 | ▲ 23.6% |
| Financial charges65/66B | - | €31,570 | €101 | €7,073 | - | - |
| Recurring financial charges65 | €13,884 | €31,570 | €101 | €7,073 | - | - |
| Profit (loss) for the period before taxes9903 | €6,574 | €18,491 | -€343,518 | -€714 | €7,858 | ▲ 1,201% |
| Profit (loss) for the period9904 | €6,574 | €18,491 | -€343,518 | -€714 | €7,858 | ▲ 1,201% |
| Profit (loss) for the period to be appropriated9905 | €6,574 | €18,491 | -€343,518 | -€714 | €7,858 | ▲ 1,201% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €719,195 | €316,836 | €89,053 | €59,238 | €58,896 | ▼ 0.6% |
| Fixed assets21/28 | €631,681 | €20,051 | €20,051 | €20,051 | €20,051 | = |
| Tangible fixed assets22/27 | €631,681 | €20,051 | €20,051 | €20,051 | €20,051 | = |
| Land and buildings22 | - | €6,644 | €6,644 | €6,644 | €6,644 | = |
| Plant, machinery and equipment23 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Assets under construction and advance payments27 | - | €4,407 | €4,407 | €4,407 | €4,407 | = |
| Current assets29/58 | €87,513 | €296,785 | €69,002 | €39,187 | €38,845 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €87,513 | €124,434 | €35,650 | €28,830 | €28,830 | = |
| Trade receivables40 | - | €24,834 | €24,834 | €24,834 | €24,834 | = |
| Other amounts receivable41 | - | €99,600 | €10,816 | €3,996 | €3,996 | = |
| Cash at bank and in hand54/58 | - | €165,480 | €26,480 | €3,485 | €3,143 | ▼ 9.8% |
| Deferred charges and accrued income490/1 | - | €6,871 | €6,872 | €6,872 | €6,872 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €719,195 | €316,836 | €89,053 | €59,238 | €58,896 | ▼ 0.6% |
| Equity10/15 | €347,987 | €287,832 | -€55,684 | -€56,398 | -€48,540 | ▲ 13.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Revaluation surpluses12 | - | €271,355 | €271,355 | €271,355 | €271,355 | = |
| Reserves13 | €41,598 | €41,596 | €41,598 | €41,598 | €41,598 | = |
| Non-distributable reserves130/1 | - | - | - | - | €1,860 | - |
| Other1319 | - | - | - | - | €1,860 | - |
| Tax-exempt reserves132 | - | €41,596 | €41,598 | €41,598 | €39,738 | ▼ 4.5% |
| Profit (loss) carried forward14 | -€62,210 | -€43,719 | -€387,237 | -€387,951 | -€380,093 | ▲ 2.0% |
| Provisions and deferred taxes16 | €26,492 | €26,492 | €26,492 | €26,492 | €26,492 | = |
| Provisions for liabilities and charges160/5 | - | €26,492 | €26,492 | €26,492 | €26,492 | = |
| Pensions and similar obligations160 | - | €26,492 | €26,492 | €26,492 | €26,492 | = |
| Amounts payable17/49 | €344,715 | €2,512 | €118,245 | €89,144 | €80,944 | ▼ 9.2% |
| Amounts payable after more than one year17 | €170,279 | - | - | - | - | - |
| Amounts payable within one year42/48 | €174,436 | €2,512 | €118,245 | €89,144 | €11,090 | ▼ 87.6% |
| Financial debts43 | - | - | €25,526 | - | - | - |
| Credit institutions430/8 | - | - | €25,526 | - | - | - |
| Trade debts44 | €58,789 | €2,512 | €14,040 | €13,290 | €11,090 | ▼ 16.6% |
| Suppliers440/4 | - | €2,512 | €14,040 | €13,290 | €11,090 | ▼ 16.6% |
| Other amounts payable47/48 | - | - | €78,679 | €75,854 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €69,854 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,574 | €18,491 | -€343,518 | -€714 | €7,858 | ▲ 1,201% |
| Operating cash flow (approximation) | €6,574 | €18,491 | -€343,518 | -€714 | €7,858 | ▲ 1,201% |
| Investment in fixed assets (approximation) | - | €611,630 | €0 | €0 | €0 | - |
| Change in cash | - | - | -€139,000 | -€22,995 | -€342 | ▲ 98.5% |
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
2024
31-12
Bankruptcy
Closure of the judicial dissolution
Tribunal de l’entreprise du Hainaut, division Mons · event 23-12-2024
25-11
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 18-11-2024
26-01
KBO administration
Strikeout withdrawn
event 09-01-2024
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 162 days late
2023
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 475 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 840 days late
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1195 days late
20-06
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise du Hainaut, division Mons · liquidator: Debouche Natalie · event 12-06-2023
2022
31-12
Financial
Back to profitnet €7,858
Net result €7,858 after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 3.50
Current ratio from 0.44 to 3.50; short-term debt falls from €89,144 to €11,090.
2020
31-12
Financial
Weakest financial yearnet -€343,518
Net result drops to -€343,518, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €18,491 ▲181%
Operating result €50,061, net result €18,491, both a record.
Show earlier events
31-12
Financial
Liquidity times 235current ratio 118.15
Current ratio from 0.50 to 118.15; short-term debt falls from €174,436 to €2,512.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
05-04
Judicial reorganisation
Opening
Tribunal de commerce du Hainaut · event 27-03-2017
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
2015
02-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 336 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Boussu
Ground area
189 m²
Building footprint
44 m²
Volume, LiDAR
366 m³
Parcel 53041A0104/00C007, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53041A0104/00C007 | Wallonia | 189 m² | 1 · 44 m² | 9.9 m · 3 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 | TONY BELLAVIA Avenue Des Expositions, 8A, 7000 Mons |
18-11-2024 → present |
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded29-10-2002
Fiscal year end31-12
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.