CARPETLAND

Open bankruptcy

Public limited companyfounded 1974Boomsesteenweg 672, 2610 Antwerpen, BelgiumKBO/BCE: BE 0414.345.792

A bankruptcy procedure is open for CARPETLAND according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-3.74M) and a net result of €-22.47M.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-10-2024, 76 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

76 d late

2022

436 d late

2021

110 d late

2020

138 d late

2019

3 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2023, full schema

Turnover

€17.55M▼ 2.2%

2022 · €17.95M

2019: €18.69M 2020: €28.68M 2021: €18.21M 2022: €17.95M

2019 → 2023

EBIT margin

-15.3%▼ 5.9pp

2022 · -9.4%

2019: -6.6% 2020: -8.3% 2021: -3.6% 2022: -9.4%

2019 → 2023

Net result

€-22.47M▼ 1,771%

2022 · €-1.20M

2019: €-1.10M 2020: €-1.50M 2021: €-211k 2022: €-1.20M

2019 → 2023

Working capital

€-6.49M

2022 · €963k

2019: €2.87M 2020: €2.70M 2021: €2.90M 2022: €963k

2019 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202120222023Trend

Turnover€18.69M-€28.68M▲ 53.4%€18.21M▼ 36.5%€17.95M▼ 1.4%€17.55M▼ 2.2%

Equity€21.64M-€20.14M▼ 6.9%€19.93M▼ 1.0%€18.73M▼ 6.0%€-3.74M

Operating result€-1.24M-€-2.38M▼ 91.9%€-661k▲ 72.3%€-1.68M▼ 154%€-2.68M▼ 59.7%

Net result€-1.10M-€-1.50M▼ 36.2%€-211k▲ 85.9%€-1.20M▼ 470%€-22.47M▼ 1,771%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €2.68M in 2023 against €1.68M in 2022; the loss grows and 2023 has the lowest result in the available series.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Assets €5.69M

49.2%

50.8%

Fixed assets €2.80M▼ 84.4%

Current assets €2.89M▼ 54.3%

Key figures and ratios

2023 value · change against 2022

EBITDA

€-2.24M▼

2022 · €-1.21M

Cash flow

€-22.03M▼

2022 · €-731k

Solvency

-65.8%▼

2022 · 77.2%

Current ratio

0.31▼

2022 · 1.18

Quick ratio

0.13▼

2022 · 0.79

Debt / equity

-2.52▼

2022 · 0.29

ROA

-395.1%▼

2022 · -5.0%

Interest coverage

-15.70▲

2022 · -202.37

Debt

€9.43M▲

2022 · €5.52M

Debt ≤ 1 year

€9.38M▲

2022 · €5.35M

Staff costs

€4.82M▼

2022 · €4.88M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€24.24M€5.69M▼

Fixed assets21/28€17.93M€2.80M▼

Intangible fixed assets21€16k€13k▼

Tangible fixed assets22/27€1.66M€2.49M▲

Plant, machinery and equipment23€1.57M€2.38M▲

Furniture and vehicles24€69k€116k▲

Other tangible fixed assets26-€0

Assets under construction and advance payments27€23k€0▼

Financial fixed assets28€16.25M€293k▼

Affiliated companies280/1€16.00M€1▼

Amounts receivable281€16.00M€1▼

Other financial fixed assets284/8€253k€293k▲

Amounts receivable and cash guarantees285/8€253k€293k▲

Current assets29/58€6.32M€2.89M▼

Stocks and contracts in progress3€2.09M€1.66M▼

Stocks30/36€2.09M€1.66M▼

Goods purchased for resale34€2.09M€1.66M▼

Amounts receivable within one year40/41€3.97M€658k▼

Trade receivables40€151k€658k▲

Other amounts receivable41€3.82M€0▼

Cash at bank and in hand54/58€194k€407k▲

Deferred charges and accrued income490/1€65k€160k▲

Equity and liabilities

Total equity and liabilities10/49€24.24M€5.69M▼

Equity10/15€18.73M€-3.74M▼

Contributions10/11€17.15M€17.15M=

Capital10€17.12M€17.12M=

Issued capital100€17.12M€17.12M=

Outside capital11€25k€25k=

Share premium1100/10€25k€25k=

Reserves13€2.51M€2.51M=

Non-distributable reserves130/1€1.93M€1.93M=

Legal reserve130€1.93M€1.93M=

Distributable reserves133€581k€581k=

Profit (loss) carried forward14€-927k€-23.40M▼

Amounts payable17/49€5.52M€9.43M▲

Amounts payable after more than one year17€63k-

Other amounts payable178/9€63k-

Amounts payable within one year42/48€5.35M€9.38M▲

Trade debts44€3.47M€1.18M▼

Suppliers440/4€3.47M€1.18M▼

Advances received on contracts in progress46€907k€737k▼

Taxes, remuneration and social security45€978k€826k▼

Taxes450/3€297k€225k▼

Remuneration and social security454/9€680k€600k▼

Other amounts payable47/48-€6.63M

Accrued charges and deferred income492/3€99k€54k▼

Income statement Code20222023

Operating income70/76A€18.73M€18.27M▼

Turnover70€17.95M€17.55M▼

Other operating income74€780k€722k▼

Operating charges60/66A€20.41M€20.95M▲

Goods for resale, raw materials and consumables60€8.65M€8.97M▲

Purchases600/8€8.60M€8.57M▼

Change in stocks: decrease (increase)609€47k€402k▲

Services and other goods61€6.13M€6.31M▲

Remuneration, social security and pensions62€4.88M€4.82M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€470k€441k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€33k▲

Other operating charges640/8€195k€237k▲

Non-recurring operating charges66A€76k€138k▲

Operating profit (loss)9901€-1.68M€-2.68M▼

Financial income75/76B€571k€1.16M▲

Recurring financial income75€571k€1.16M▲

Income from financial fixed assets750€571k€1.16M▲

Financial charges65/66B€88k€20.95M▲

Recurring financial charges65€88k€203k▲

Debt charges650€6k€143k▲

Other financial charges652/9€82k€60k▼

Non-recurring financial charges66B-€20.75M

Profit (loss) for the period before taxes9903€-1.20M€-22.47M▼

Income taxes67/77€3k-

Taxes670/3€3k-

Profit (loss) for the period9904€-1.20M€-22.47M▼

Profit (loss) for the period to be appropriated9905€-1.20M€-22.47M▼

Appropriation of the result

Profit (loss) to be appropriated9906€-927k€-23.40M▼

Profit (loss) brought forward from the previous period14P€274k€-927k▼

Social balance

Average headcount (FTE)908786.080.0▼

The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Signals 1Financial 1Filings 10

2024

15-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 76 days late

09-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 436 days late

11-09

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · CARPETLAND NV BOOMSE- STEENWEG 672, 2610 WILRIJK (ANTWERPEN) · event 03-09-2024

2023

31-12

Financial Weakest financial yearnet €-22.47M

Net result drops to €-22.47M, the lowest in the series.

2022

18-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 110 days late

2021

16-12

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 138 days late

2019

03-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 3 days late

15-01

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 46 days late

2017

12-12

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 12 days late

2016

23-11

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2015

30-11

NBB filing Annual accounts filed

fiscal year 2015 · full schema

27-02

NBB filing Annual accounts filed

fiscal year 2014 · full schema · 89 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

23 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, Antwerpen · 12 establishment units since 1977

establishment approximate All 12 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Boomsesteenweg 6722610 Antwerpen

Ground area

11.6 ha

Building footprint

3.8 ha

Volume, LiDAR

52,362 m³

12 parcels, Flanders · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.

12 establishment units

Carpetright

Genkersteenweg 247, 3500 HasseltNACE 5244103

since 19772.107.356.177

Carpetright

Leuvensesteenweg 375, 1932 ZaventemNACE 4543

since 19772.107.355.187

Carpetright

Maalse Steenweg 233, 8310 BruggeNACE 4543

since 19782.107.355.880

Carpetright

Boomsesteenweg 672, 2610 AntwerpenRetail trade

since 19802.107.355.583

Carpetright

Bredabaan 891, 2170 AntwerpenNACE 5244103

since 19822.107.355.682

carpetright

Uitbreidingslaan 2, 3360 BierbeekNACE 1740201

since 19842.107.356.375

Show 6 more locations

Carpetright

Gentse steenweg 442, 9300 AalstNACE 454

since 19842.107.355.484

Carpetright

Brusselsesteenweg 576, 2800 MechelenNACE 5244103

since 19842.107.356.573

Carpetright

Puitvoetstraat 6, 9100 Sint-NiklaasNACE 5244103

since 19842.107.356.969

Carpetright

Steenweg op Zevendonk 11, 2300 TurnhoutNACE 17510

since 19842.107.357.167

Carpetright

Frans Beirenslaan 27, 2150 AntwerpenNACE 52486

since 19872.143.765.821

Carpetland NV

Bergensesteenweg 65, 1600 Sint-Pieters-LeeuwRetail trade

since 20232.361.642.073

12 parcels

Flanders 12 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23077A0147/00P000	Flanders	7.7 ha	1 · 2.8 ha	-
11463D0281/00V000	Flanders	1.1 ha	1 · 1,345 m²	9.5 m · 3 fl.
13452N1363/00Z000	Flanders	8,334 m²	1 · 1,706 m²	19.2 m · 1 fl.
23078A0304/00A000	Flanders	5,579 m²	-	-
71323C0752/00K000	Flanders	3,580 m²	1 · 1,592 m²	8.2 m · 2 fl.
24053B0011/02F000	Flanders	3,189 m²	1 · 1,330 m²	6.5 m · 2 fl.
12403E0643/00X000	Flanders	2,235 m²	1 · 1,010 m²	5.2 m · 1 fl.
41302C1379/00H000	Flanders	1,789 m²	1 · 981 m²	6.6 m · 1 fl.
31433D0146/00E002	Flanders	1,537 m²	1 · 736 m²	10.9 m · 2 fl.
11007A0104/00X006	Flanders	684 m²	1 · 573 m²	7.2 m · 1 fl.

46445D1687/00W002	Flanders	309 m²	1 · 80 m²	9.3 m · 3 fl.
11423B0233/00H002	Flanders	178 m²	1 · 178 m²	9.9 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 11

12 of 12 parcels 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	NICK PEETERS NOORDERLAAN 98, 2030 ANTWERPEN 3 ↔ Also on 204 other cases	03-09-2024 → present
Curator	JOOST PEETERS HAAN- TJESLEI 69A, 2018 ANTWERPEN 1 ↔ Also on 69 other cases	03-09-2024 → present