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CIMS

Open bankruptcy
Private limited company (pre-2019)founded 2007Oudesmidsestraat 20, 1700 Dilbeek, BelgiumKBO/BCE: BE 0889.812.771

A bankruptcy procedure is open for CIMS according to publications in the Belgian State Gazette; curator: ELLEN DE GEETER.

Summary

The 2021 annual accounts show equity of €6,842 and a net result of €3,901.

CIMSOpen bankruptcy

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 Ghent, Kortrijk division
Declared bankrupt
5 May 2026
Supervising judge
Rik Dekyvere
Official Gazette
11-05-2026 (pdf) ↗search the document for 2026/120305

Deadlines

Provisional date payments stopped
5 May 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 26 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 4 June 2026art. XX.104 and XX.155 CEL
First verification report
passed on 23 June 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
5 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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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Overview

What they do
Retail sale of meat and meat products, excluding game and poultry
NACE 47221Warehousing and support activities for transportation NACE 52220
1 site
How big
€879,125total assets 2021
Staff
6.5 FTE
Equity
€6,842
Profit
€3,901
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 1158 d overdue1 of 9 deeds read
Signals- Open bankruptcyShow the evidence

Signals

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
Checked, nothing found (1)
neutral · 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
  1. OpeningOndernemingsrechtbank Gent, afdeling Kortrijk ·…
  2. Registered officeRegistered-office move · Director in…
  3. Annual accounts filedfiscal year 2021 · micro…

Financials

Fiscal year 2021Total assets €879,125Profit €3,901Solvency 0.8%Liquidity 0.77
Total assets
€879,125▲ 21.8%
2018 - 2021
Net result
€3,901▼ 79.7%
2018 - 2021
Equity
€6,842▲ 133%
2018 - 2021
Staff (FTE)
6.5▼ 26.1%
2018 - 2021

Financials · fiscal year 2021, micro schema

Trend over the years4 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€57,061-€50,028▼ 12.3%€52,424▲ 4.8%€13,835▼ 73.6%
Net result€30,616-€28,818▼ 5.9%€19,233within the sector's middle half▼ 33.3%€3,901within the sector's middle half▼ 79.7%
Equity€57,848-€86,667▲ 49.8%€2,941below the sector's middle half▼ 96.6%€6,842within the sector's middle half▲ 133%
Total assets€460,075-€499,547▲ 8.6%€721,803above the sector's middle half▲ 44.5%€879,125above the sector's middle half▲ 21.8%
Debt€402,227-€412,880▲ 2.6%€718,862▲ 74.1%€872,283▲ 21.3%
Working capital-€30,206--€20,610▲ 31.8%-€137,311below the sector's middle half▼ 566%-€199,991below the sector's middle half▼ 45.6%
Solvency12.6%-17.3%▲ 4.8pp0.4%below the sector's middle half▼ 16.9pp0.8%below the sector's middle half▲ 0.4pp
Current ratio0.92-0.95▲ 0.030.81below the sector's middle half▼ 0.140.77below the sector's middle half▼ 0.04
Return on assets (ROA)6.7%-5.8%▼ 0.9pp2.7%within the sector's middle half▼ 3.1pp0.4%within the sector's middle half▼ 2.2pp
Staff (FTE)6.6-8.1▲ 22.7%8.8above the sector's middle half▲ 8.6%6.5▼ 26.1%
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2021
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2018: €57,061€57,061Net result 2018: €30,616€30,616Operating result 2019: €50,028€50,028Net result 2019: €28,818€28,818Operating result 2020: €52,424€52,424Net result 2020: €19,233€19,233Operating result 2021: €13,835€13,835Net result 2021: €3,901€3,9012018201920202021€0€20,000€40,000€60,000Operating result 2019: €50,028€50,000Net result 2019: €28,818€28,800Operating result 2020: €52,424€52,400Net result 2020: €19,233€19,200Operating result 2021: €13,835€13,800Net result 2021: €3,901€3,900201920202021
The operating result falls in 2021; 2021 is 74% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €879,125
Fixed assets €226,599 ▲ 61.6%
Current assets €652,526 ▲ 12.2%
Equity and liabilities €879,125
Equity €6,842 ▲ 133%
Debt €872,283 ▲ 21.3%
Debt's share of the balance-sheet total falls from 99.6% to 99.2%. Equity and debt are higher.
Key figures and ratios2021
Key figures and ratios
2021 value · change against 2020
EBITDA
€25,491▼
2020 · €62,922
Cash flow
€15,558▼
2020 · €29,730
Quick ratio
0.71▼
2020 · 0.74
ROE
57.0%▼
2020 · 654.0%
Interest coverage
3.96▼
2020 · 8.68
Debt ≤ 1 year
€852,516▲
2020 · €718,862
Debt > 1 year
€19,766
Income taxes
€6,595▼
2020 · €28,803
Staff costs
€126,742▼
2020 · €250,730
A ratio outside any meaningful range has been withheld (balance sheet total €879,125, equity €6,842).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2021
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 51 lines
Balance sheet Code20202021
Assets
Total assets20/58€721,803€879,125▲
Fixed assets21/28€140,251€226,599▲
Tangible fixed assets22/27€23,036€69,384▲
Plant, machinery and equipment23€18,186€14,984▼
Furniture and vehicles24€2,495€22,559▲
Leasing and similar rights25-€31,841
Other tangible fixed assets26€2,356-
Financial fixed assets28€117,215€157,215▲
Current assets29/58€581,551€652,526▲
Stocks and contracts in progress3€46,240€49,665▲
Stocks30/36€46,240€49,665▲
Amounts receivable within one year40/41€527,211€579,632▲
Trade receivables40€511,034€553,375▲
Other amounts receivable41€16,177€26,258▲
Cash at bank and in hand54/58€4,989€21,195▲
Deferred charges and accrued income490/1€3,111€2,033▼
Equity and liabilities
Total equity and liabilities10/49€721,803€879,125▲
Equity10/15€2,941€6,842▲
Contributions10/11€16,286€16,286=
Capital10€16,286€16,286=
Issued capital100€18,686€18,686=
Uncalled capital101€2,400€2,400=
Profit (loss) carried forward14-€13,346-€9,444▲
Amounts payable17/49€718,862€872,283▲
Amounts payable after more than one year17-€19,766
Financial debts170/4-€19,766
Amounts payable within one year42/48€718,862€852,516▲
Current portion of amounts payable after more than one year42-€6,939
Trade debts44€527,451€661,050▲
Suppliers440/4€527,451€661,050▲
Taxes, remuneration and social security45€185,019€170,365▼
Taxes450/3€130,806€151,255▲
Remuneration and social security454/9€54,213€19,111▼
Other amounts payable47/48€6,391€14,163▲
Income statement Code20202021
Non-recurring operating income76A€900-
Remuneration, social security and pensions62€250,730€126,742▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,497€11,657▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€103,091€97,419▼
Other operating charges640/8€66,331€10,582▼
Gross operating margin9900€483,073€260,234▼
Operating profit (loss)9901€52,424€13,835▼
Financial income75/76B€2,862€3,093▲
Recurring financial income75€2,862€3,093▲
Financial charges65/66B€7,251€6,431▼
Recurring financial charges65€7,251€6,431▼
Profit (loss) for the period before taxes9903€48,036€10,497▼
Income taxes67/77€28,803€6,595▼
Profit (loss) for the period9904€19,233€3,901▼
Profit (loss) for the period to be appropriated9905€19,233€3,901▼
Appropriation of the result
Profit (loss) to be appropriated9906-€13,346-€9,444▲
Profit (loss) brought forward from the previous period14P-€32,579-€13,346▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Non-recurring operating income76A--€900--
Remuneration, social security and pensions62--€250,730€126,742▼ 49.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,995€39,640€10,497€11,657▲ 11.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€103,091€97,419▼ 5.5%
Other operating charges640/8--€66,331€10,582▼ 84.0%
Gross operating margin9900€293,725€313,624€483,073€260,234▼ 46.1%
Operating profit (loss)9901€57,061€50,028€52,424€13,835▼ 73.6%
Financial income75/76B--€2,862€3,093▲ 8.1%
Recurring financial income75€111€99€2,862€3,093▲ 8.1%
Financial charges65/66B--€7,251€6,431▼ 11.3%
Recurring financial charges65€10,556€10,333€7,251€6,431▼ 11.3%
Profit (loss) for the period before taxes9903€46,617€39,794€48,036€10,497▼ 78.1%
Income taxes67/77€16,001€10,975€28,803€6,595▼ 77.1%
Profit (loss) for the period9904€30,616€28,818€19,233€3,901▼ 79.7%
Profit (loss) for the period to be appropriated9905€30,616€28,818€19,233€3,901▼ 79.7%
Line2018201920202021Change
Assets
Total assets20/58€460,075€499,547€721,803€879,125▲ 21.8%
Fixed assets21/28€88,909€108,618€140,251€226,599▲ 61.6%
Intangible fixed assets21€6,750----
Tangible fixed assets22/27€37,444€63,903€23,036€69,384▲ 201%
Plant, machinery and equipment23--€18,186€14,984▼ 17.6%
Furniture and vehicles24--€2,495€22,559▲ 804%
Leasing and similar rights25---€31,841-
Other tangible fixed assets26--€2,356--
Financial fixed assets28€44,715€44,715€117,215€157,215▲ 34.1%
Current assets29/58€371,167€390,929€581,551€652,526▲ 12.2%
Stocks and contracts in progress3€48,222€50,222€46,240€49,665▲ 7.4%
Stocks30/36--€46,240€49,665▲ 7.4%
Amounts receivable within one year40/41€288,285€297,243€527,211€579,632▲ 9.9%
Trade receivables40--€511,034€553,375▲ 8.3%
Other amounts receivable41--€16,177€26,258▲ 62.3%
Cash at bank and in hand54/58€30,547€37,988€4,989€21,195▲ 325%
Deferred charges and accrued income490/1--€3,111€2,033▼ 34.7%
Equity and liabilities
Total equity and liabilities10/49€460,075€499,547€721,803€879,125▲ 21.8%
Equity10/15€57,848€86,667€2,941€6,842▲ 133%
Contributions10/11€16,200€16,200€16,286€16,286=
Capital10--€16,286€16,286=
Issued capital100--€18,686€18,686=
Uncalled capital101--€2,400€2,400=
Profit (loss) carried forward14€41,648€70,467-€13,346-€9,444▲ 29.2%
Amounts payable17/49€402,227€412,880€718,862€872,283▲ 21.3%
Amounts payable after more than one year17---€19,766-
Financial debts170/4---€19,766-
Amounts payable within one year42/48€401,373€411,538€718,862€852,516▲ 18.6%
Current portion of amounts payable after more than one year42---€6,939-
Trade debts44€325,666€343,764€527,451€661,050▲ 25.3%
Suppliers440/4--€527,451€661,050▲ 25.3%
Taxes, remuneration and social security45--€185,019€170,365▼ 7.9%
Taxes450/3--€130,806€151,255▲ 15.6%
Remuneration and social security454/9--€54,213€19,111▼ 64.7%
Other amounts payable47/48--€6,391€14,163▲ 122%
Line2018201920202021Change
Profit (loss) for the period9904€30,616€28,818€19,233€3,901▼ 79.7%
+ Depreciation and write-downs630€32,995€39,640€10,497€11,657▲ 11.0%
Operating cash flow (approximation)€63,611€68,458€29,730€15,558▼ 47.7%
Investment in fixed assets (approximation)--€59,350-€42,130-€98,005▼ 133%
Change in cash-€7,441-€32,999€16,206▲ 149%

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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Comparable companies5

Board & ownership

Directors

Directors
No directors read yet: 1 of 9 Gazette acts processed. See the function holders in the CBE →

Insolvency mandates

1 mandate
Role Name Tenure
Curator ELLEN DE GEETER
Doorniksewijk 134, 8500 Kort- Rijk
05-05-2026 → present

Timeline

13 eventsLatest 11-05-2026

History

CIMS was incorporated on 4 June 2007.1 The registered office was moved to Dilbeek in 2026.2 Total assets rose from €460,075 in 2018 to €879,125 in 2021 and headcount from 6.6 to 6.5 full-time equivalents.3 On 5 May 2026 the company was declared bankrupt.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 05-05-2026
  3. 3National Bank, annual accounts 2018 and 2021
  4. 4Belgian State Gazette, 11-05-2026

Acts, filings and financial milestones

2026
11-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 05-05-2026
05-05
State Gazette act Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 01-01-2026
  • Registered-office move, Oudesmidsestraat 20 1700 Dilbeek
  • Director in office, Elkachari, Hasniya (director)
2024
22-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 722 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 822 days late
2021
31-12
Financial Weakest financial yearnet €3,901 ▼79.7%
Net result drops to €3,901, the lowest in the series.
24-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 208 days late
05-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 555 days late
27-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 911 days late
2018
06-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 493 days late
2017
06-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 190 days late
06-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 556 days late
2015
03-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 337 days late
2014
13-01
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 166 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not 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.

Company details

Private limited company (pre-2019) · founded 04-06-2007Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0889812771
Registered 06-02-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
3,035 m²
Building footprint
3,000 m²
Volume, LiDAR
2,983 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
485 companies at this address See who is registered here
1 establishment unit
Groothandelsmarkt BVBA CIMS
Vier Linden(Heu) 1/0/1/P, 8501 KortrijkManufacture of food products
since 2015unit no. 2.240.594.783
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34016B0695/00X002 Flanders 2,735 m² 1 · 2,701 m² 10.9 m
23016D0063/00W002 Flanders 300 m² 1 · 299 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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