BONTECH
Open bankruptcySummary
A bankruptcy procedure is open for BONTECH according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €46,791 and a net result of €8,483.
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 Antwerp, Hasselt division
- Declared bankrupt
- 8 September 2022
- Supervising judge
- Guy Vloeberghs
- Official Gazette
- 14-09-2022 (pdf) ↗search the document for 2022/131785
Curators
- Herman DriessenSint-Katarinaplein 15 Bus 3, 3500 Hasselthd@advo-driessen.be
- Ilse VrankenKunst- Laan 10/A01, 3500 Hasseltilse@koraaladvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, abbreviated schema
Turnover
€294,309▲ 18.4%
2018 · €248,485
EBIT margin
8.1%▲ 3.7pp
2018 · 4.4%
Net result
€8,483=
2019 · €8,484
Working capital
€40,473▲ 5.7%
2019 · €38,308
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€248,485-€294,309▲ 18.4%
Operating result€10,941-€23,811▲ 118%€16,330▼ 31.4%
Net result€11,224-€8,484▼ 24.4%€8,483=
EBIT margin4.4%-8.1%▲ 3.7pp
Equity€29,824-€38,308▲ 28.4%€46,791▲ 22.1%
Total assets€168,823-€172,059▲ 1.9%€182,841▲ 6.3%
Debt€138,999-€133,752▼ 3.8%€136,050▲ 1.7%
Working capital€29,824-€38,308▲ 28.4%€40,473▲ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 31% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €182,841
Fixed assets
€6,318
Current assets
€176,523
Equity and liabilities €182,841
Equity
€46,791 ▲ 22.1%
Debt
€136,050 ▲ 1.7%
Debt's share of the balance-sheet total falls from 77.7% to 74.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17,726
Cash flow
€9,880
Current ratio
1.30▲
2019 · 1.29
Debt to equity
2.91
ROE
18.1%▼
2019 · 22.1%
ROA
4.6%▼
2019 · 4.9%
Interest coverage
17.19
Debt ≤ 1 year
€136,050▲
2019 · €133,752
Income taxes
€6,913▼
2019 · €14,209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €248,485 | €294,309 | - | - |
| Non-recurring operating income76A | - | - | €3,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,396 | - |
| Other operating charges640/8 | - | - | €757 | - |
| Gross operating margin9900 | €11,003 | €24,124 | €18,483 | ▼ 23.4% |
| Operating profit (loss)9901 | €10,941 | €23,811 | €16,330 | ▼ 31.4% |
| Financial income75/76B | - | - | €97 | - |
| Recurring financial income75 | €6,942 | €2,348 | €97 | ▼ 95.9% |
| Financial charges65/66B | - | - | €1,031 | - |
| Recurring financial charges65 | €2,765 | €3,466 | €1,031 | ▼ 70.3% |
| Profit (loss) for the period before taxes9903 | €15,118 | €22,693 | €15,396 | ▼ 32.2% |
| Income taxes67/77 | €3,894 | €14,209 | €6,913 | ▼ 51.4% |
| Profit (loss) for the period9904 | €11,224 | €8,484 | €8,483 | = |
| Profit (loss) for the period to be appropriated9905 | €11,224 | €8,484 | €8,483 | = |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €168,823 | €172,059 | €182,841 | ▲ 6.3% |
| Fixed assets21/28 | - | - | €6,318 | - |
| Tangible fixed assets22/27 | - | - | €6,318 | - |
| Land and buildings22 | - | - | €1,109 | - |
| Plant, machinery and equipment23 | - | - | €936 | - |
| Furniture and vehicles24 | - | - | €4,273 | - |
| Current assets29/58 | €168,823 | €172,059 | €176,523 | ▲ 2.6% |
| Amounts receivable within one year40/41 | €168,394 | €171,636 | €150,353 | ▼ 12.4% |
| Trade receivables40 | - | - | €149,675 | - |
| Other amounts receivable41 | - | - | €678 | - |
| Cash at bank and in hand54/58 | €429 | €424 | €26,170 | ▲ 6,076% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €168,823 | €172,059 | €182,841 | ▲ 6.3% |
| Equity10/15 | €29,824 | €38,308 | €46,791 | ▲ 22.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €561 | €981 | €981 | = |
| Non-distributable reserves130/1 | - | - | €981 | - |
| Reserves not available under the articles1311 | - | - | €981 | - |
| Profit (loss) carried forward14 | €10,663 | €18,727 | €27,210 | ▲ 45.3% |
| Amounts payable17/49 | €138,999 | €133,752 | €136,050 | ▲ 1.7% |
| Amounts payable within one year42/48 | €138,999 | €133,752 | €136,050 | ▲ 1.7% |
| Trade debts44 | €1,558 | €104,629 | €114,181 | ▲ 9.1% |
| Suppliers440/4 | - | - | €114,181 | - |
| Taxes, remuneration and social security45 | - | - | €13,416 | - |
| Taxes450/3 | - | - | €13,416 | - |
| Other amounts payable47/48 | - | - | €8,453 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,224 | €8,484 | €8,483 | = |
| + Depreciation and write-downs630 | - | - | €1,396 | - |
| Operating cash flow (approximation) | €11,224 | €8,484 | €9,880 | ▲ 16.5% |
| Change in cash | - | -€6 | €25,746 | ▲ 466,522% |
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
2022
14-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 08-09-2022
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 251 days late
2020
31-12
Financial
Weakest financial yearnet €8,483 ▼0%
Net result drops to €8,483, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Beringen · 1 establishment unit since 2017
Ground area
3,414 m²
Building footprint
771 m²
Volume, LiDAR
4,039 m³
Parcel 71004A0021/00H000, Flanders · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BONTECH
since 20172.261.699.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71004A0021/00H000 | Flanders | 3,414 m² | 1 · 771 m² | 5.6 m · 2 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | HERMAN DRIESSEN SINT-KATARINAPLEIN 15 BUS 3,
3500 HASSELT |
08-09-2022 → present |
| Curator | ILSE VRANKEN KUNST-
LAAN 10/A01, 3500 HASSELT |
08-09-2022 → present |
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded15-02-2017
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.