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BHX

Open bankruptcy
Private limited companyfounded 2008KBO/BCE: BE 0895.186.670

A bankruptcy procedure is open for BHX according to publications in the Belgian State Gazette; curator: XAVIER VAN GILS.

Summary

The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €126,514 and a net result of €15,859.

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 Walloon Brabant
Declared bankrupt
9 April 2026
Supervising judge
Daniel Janssens
Official Gazette
15-04-2026 (pdf) ↗search the document for 2026/116411

Deadlines

Appeal or third-party opposition until
passed on 30 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 9 May 2026art. XX.104 and XX.155 CEL
First verification report
passed on 21 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
9 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Xavier Van GilsAvenue Reine Astrid 10, 1330 Rixensartxaviervangils@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
51 d early
2022
34 d early
2021
46 d early
2020
10 d late
2019
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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 publications
Publications
Address struck

History

On 18 January 2008, BHX was incorporated.1 Revenue went from EUR 817,758 in 2019 to EUR 967,481 in 2022 and headcount from 2.8 full-time equivalents in 2018 to 1.3 in 2023.2 The company was declared bankrupt on 9 April 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019, 2022 and 2023
  3. 3Belgian State Gazette, 15-04-2026

Go further with this company

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

Financials · fiscal year 2024, full schema

Turnover
€967,481▲ 3.4%
2021 · €935,473
EBIT margin
-1.1%▼ 2.2pp
2021 · 1.1%
Net result
€15,859
2023 · -€57,419
Working capital
€121,053▲ 16.3%
2023 · €104,110
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
Line20202021202220232024
Turnover€617,138▼ 24.5%€935,473▲ 51.6%€967,481▲ 3.4%
Operating result-€15,574€10,474-€10,458-€52,404▼ 401%€18,964
Net result-€18,350below the sector's middle half€7,943within the sector's middle half-€15,159below the sector's middle half-€57,419below the sector's middle half▼ 279%€15,859within the sector's middle half
EBIT margin-2.5%▼ 7.4pp1.1%▲ 3.6pp-1.1%▼ 2.2pp
Equity€169,090above the sector's middle half▼ 9.8%€177,033within the sector's middle half▲ 4.7%€161,874within the sector's middle half▼ 8.6%€104,455within the sector's middle half▼ 35.5%€126,514within the sector's middle half▲ 21.1%
Total assets€263,885within the sector's middle half▼ 35.8%€321,829below the sector's middle half▲ 22.0%€361,873below the sector's middle half▲ 12.4%€348,202below the sector's middle half▼ 3.8%€402,797below the sector's middle half▲ 15.7%
Debt€94,795▼ 57.6%€144,796▲ 52.7%€199,999▲ 38.1%€243,747▲ 21.9%€276,284▲ 13.3%
Working capital€173,954above the sector's middle half▼ 18.3%€208,689within the sector's middle half▲ 20.0%€159,599within the sector's middle half▼ 23.5%€104,110within the sector's middle half▼ 34.8%€121,053within the sector's middle half▲ 16.3%
Solvency64.1%above the sector's middle half▲ 18.5pp55.0%within the sector's middle half▼ 9.1pp44.7%within the sector's middle half▼ 10.3pp30.0%within the sector's middle half▼ 14.7pp31.4%within the sector's middle half▲ 1.4pp
Current ratio3.11above the sector's middle half▲ 1.042.93above the sector's middle half▼ 0.181.80within the sector's middle half▼ 1.141.43within the sector's middle half▼ 0.371.47within the sector's middle half▲ 0.05
Return on assets (ROA)-7.0%below the sector's middle half▼ 14.5pp2.5%within the sector's middle half▲ 9.4pp-4.2%below the sector's middle half▼ 6.7pp-16.5%below the sector's middle half▼ 12.3pp3.9%within the sector's middle half▲ 20.4pp
Staff (FTE)4.2above the sector's middle half▲ 23.5%3.4within the sector's middle half▼ 19.0%1.7below the sector's middle half▼ 50.0%1.3below the sector's middle half▼ 23.5%
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.
Why a figure moved sharply
  • 2021 Turnover +52% on 2020. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: -€15,574-€15,574Net result 2020: -€18,350-€18,350Operating result 2021: €10,474€10,474Net result 2021: €7,943€7,943Operating result 2022: -€10,458-€10,458Net result 2022: -€15,159-€15,159Operating result 2023: -€52,404-€52,404Net result 2023: -€57,419-€57,419Operating result 2024: €18,964€18,964Net result 2024: €15,859€15,85920202021202220232024-€60,000-€40,000-€20,000€0€20,000Operating result 2022: -€10,458-€10,500Net result 2022: -€15,159-€15,200Operating result 2023: -€52,404-€52,400Net result 2023: -€57,419-€57,400Operating result 2024: €18,964€19,000Net result 2024: €15,859€15,900202220232024
The operating result returns to profit in 2024: €18,964 after a loss of €52,404 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402,797
Fixed assets €25,736 ▲ 7,360%
Current assets €377,062 ▲ 8.4%
Equity and liabilities €402,797
Equity €126,514 ▲ 21.1%
Debt €276,284 ▲ 13.3%
Debt's share of the balance-sheet total falls from 70.0% to 68.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23,773▲
2023 · -€50,473
Cash flow
€20,668▲
2023 · -€55,488
Quick ratio
0.22▲
2023 · 0.16
Debt to equity
2.18▼
2023 · 2.33
ROE
12.5%▲
2023 · -55.0%
Interest coverage
7.34▲
2023 · -9.33
Debt ≤ 1 year
€256,009▲
2023 · €243,747
Debt > 1 year
€20,275
Staff costs
€55,630▼
2023 · €59,878
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 · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€348,202€402,797▲
Fixed assets21/28€345€25,736▲
Tangible fixed assets22/27€345€25,736▲
Furniture and vehicles24€345€25,736▲
Current assets29/58€347,857€377,062▲
Stocks and contracts in progress3€309,182€320,416▲
Stocks30/36€309,182€320,416▲
Amounts receivable within one year40/41€2,669€364▼
Trade receivables40€2,669-
Other amounts receivable41-€364
Cash at bank and in hand54/58€36,006€43,368▲
Deferred charges and accrued income490/1-€12,914
Equity and liabilities
Total equity and liabilities10/49€348,202€402,797▲
Equity10/15€104,455€126,514▲
Contributions10/11€12,400€18,600▲
Reserves13€39,860€39,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€38,000€38,000=
Profit (loss) carried forward14€52,195€68,054▲
Amounts payable17/49€243,747€276,284▲
Amounts payable after more than one year17-€20,275
Financial debts170/4-€20,275
Amounts payable within one year42/48€243,747€256,009▲
Current portion of amounts payable after more than one year42-€30,655
Financial debts43€100,000-
Credit institutions430/8€50,000-
Other loans439€50,000-
Trade debts44€57,825€39,159▼
Suppliers440/4€57,825€39,159▼
Advances received on contracts in progress46€56,920€50,797▼
Taxes, remuneration and social security45€27,050€10,438▼
Taxes450/3€18,801€937▼
Remuneration and social security454/9€8,249€9,502▲
Other amounts payable47/48€1,952€124,960▲
Income statement Code20232024
Remuneration, social security and pensions62€59,878€55,630▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,931€4,809▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€48
Other operating charges640/8€3,587€4,144▲
Gross operating margin9900€12,992€83,596▲
Operating profit (loss)9901-€52,404€18,964▲
Financial income75/76B€392€133▼
Recurring financial income75€392€133▼
Financial charges65/66B€5,407€3,239▼
Recurring financial charges65€5,407€3,239▼
Profit (loss) for the period before taxes9903-€57,419€15,859▲
Profit (loss) for the period9904-€57,419€15,859▲
Profit (loss) for the period to be appropriated9905-€57,419€15,859▲
Appropriation of the result
Profit (loss) to be appropriated9906€52,195€68,054▲
Profit (loss) brought forward from the previous period14P€109,614€52,195▼
Social balance
Average headcount (FTE)90871.3-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€617,138€935,473€967,481---
Non-recurring operating income76A-€976€2,047---
Goods, raw materials, services and sundry goods60/61-€851,119€955,600---
Remuneration, social security and pensions62-€68,816€40,911€59,878€55,630▼ 7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,457€2,879€2,994€1,931€4,809▲ 149%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€19,590---
Provisions for liabilities and charges: additions (uses and reversals)635/8----€48-
Other operating charges640/8-€3,161€71€3,587€4,144▲ 15.5%
Gross operating margin9900€59,226€85,330€13,928€12,992€83,596▲ 543%
Operating profit (loss)9901-€15,574€10,474-€10,458-€52,404€18,964▲ 136%
Financial income75/76B-€274€315€392€133▼ 66.1%
Recurring financial income75€734€274€315€392€133▼ 66.1%
Financial charges65/66B-€2,805€3,700€5,407€3,239▼ 40.1%
Recurring financial charges65€3,510€2,805€3,700€5,407€3,239▼ 40.1%
Profit (loss) for the period before taxes9903-€18,350€7,943-€13,843-€57,419€15,859▲ 128%
Income taxes67/77--€1,316---
Profit (loss) for the period9904-€18,350€7,943-€15,159-€57,419€15,859▲ 128%
Profit (loss) for the period to be appropriated9905-€18,350€7,943-€15,159-€57,419€15,859▲ 128%
Line20202021202220232024Change
Assets
Total assets20/58€263,885€321,829€361,873€348,202€402,797▲ 15.7%
Fixed assets21/28€7,574€5,270€2,275€345€25,736▲ 7,360%
Tangible fixed assets22/27€7,574€5,270€2,275€345€25,736▲ 7,360%
Plant, machinery and equipment23-€641€243---
Furniture and vehicles24-€4,629€2,032€345€25,736▲ 7,360%
Current assets29/58€256,311€316,559€359,598€347,857€377,062▲ 8.4%
Stocks and contracts in progress3€194,290€267,710€296,446€309,182€320,416▲ 3.6%
Stocks30/36-€267,710€296,446€309,182€320,416▲ 3.6%
Amounts receivable within one year40/41€5,594€14,410€12,995€2,669€364▼ 86.4%
Trade receivables40-€3,937€2,997€2,669--
Other amounts receivable41-€10,473€9,998-€364-
Cash at bank and in hand54/58€56,427€32,833€50,157€36,006€43,368▲ 20.4%
Deferred charges and accrued income490/1-€1,606--€12,914-
Equity and liabilities
Total equity and liabilities10/49€263,885€321,829€361,873€348,202€402,797▲ 15.7%
Equity10/15€169,090€177,033€161,874€104,455€126,514▲ 21.1%
Contributions10/11-€12,400€12,400€12,400€18,600▲ 50.0%
Reserves13€39,860€39,860€39,860€39,860€39,860=
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-€38,000€38,000€38,000€38,000=
Profit (loss) carried forward14€116,830€124,773€109,614€52,195€68,054▲ 30.4%
Amounts payable17/49€94,795€144,796€199,999€243,747€276,284▲ 13.3%
Amounts payable after more than one year17€12,438€36,926--€20,275-
Financial debts170/4-€36,926--€20,275-
Amounts payable within one year42/48€82,357€107,870€199,999€243,747€256,009▲ 5.0%
Current portion of amounts payable after more than one year42-€12,438€18,618-€30,655-
Financial debts43-€3,333€50,000€100,000--
Credit institutions430/8-€3,333€50,000€50,000--
Other loans439---€50,000--
Trade debts44€40,402€71,896€83,184€57,825€39,159▼ 32.3%
Suppliers440/4-€71,896€83,184€57,825€39,159▼ 32.3%
Advances received on contracts in progress46-€3,230€21,773€56,920€50,797▼ 10.8%
Taxes, remuneration and social security45-€15,020€24,471€27,050€10,438▼ 61.4%
Taxes450/3-€1,934€15,268€18,801€937▼ 95.0%
Remuneration and social security454/9-€13,086€9,203€8,249€9,502▲ 15.2%
Other amounts payable47/48-€1,953€1,953€1,952€124,960▲ 6,302%
Line20202021202220232024Change
Profit (loss) for the period9904-€18,350€7,943-€15,159-€57,419€15,859▲ 128%
+ Depreciation and write-downs630€1,457€2,879€2,994€1,931€4,809▲ 149%
Operating cash flow (approximation)-€16,893€10,822-€12,165-€55,488€20,668▲ 137%
Investment in fixed assets (approximation)--€575€1-€1-€30,200▼ 3,019,871%
Change in cash--€23,594€17,324-€14,151€7,362▲ 152%

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
22-09
KBO administration Address struck
event 06-09-2026
15-04
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · event 09-04-2026
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €15,859
Net result €15,859 after 2 loss-making years.
10-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€57,419
Net result drops to -€57,419, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €7,943
Net result €7,943 after one loss-making year.
10-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
13-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
07-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
Show earlier events
2018
04-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 60 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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
1 establishment unit since 2008
1 establishment unit
Moto Expert
NACE 4532001
since 20082.168.718.476

Insolvency mandates

1 mandate
Role Name Tenure
Curator XAVIER VAN GILS
AVENUE REINE ASTRID 10, 1330 RIXENSART
09-04-2026 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ICARUS DREAM 100%
  2. BHX

Highest known parent: ICARUS DREAM. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 1,127 companies in sector 47830 we hold annual accounts for 467. 384 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
Founded18-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
47300Retail sale of automotive fuel
Contact
Phone 0475/55.75.72
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 28 September 2026 · Peppol Directory

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