CINAR BAZAAR
Open bankruptcyA bankruptcy procedure is open for CINAR BAZAAR according to publications in the Belgian State Gazette; curator: TOM TOREMANS.
Summary
The 2024 annual accounts show equity of €10,104 and a net result of -€20,539.
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, Antwerp division
- Declared bankrupt
- 31 July 2025
- Supervising judge
- Eric Segers
- Official Gazette
- 06-08-2025 (pdf) ↗search the document for 2025/133455
Curator
- Tom ToremansMaarschalk Gerardstraat 2, 2000 Antwerpen 1t.toremans@toremanstermote.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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
39 d early
2021
92 d late
2020
29 d early
2019
39 d early
← before the deadline
after the deadline →
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 or domiciliation address?Address check Are there other customers at risk in your own list?Debtor check How is the Other retail sale of new goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€10,104▼ 67.0%
2023 · €30,643
Total assets
€106,565▼ 7.0%
2023 · €114,586
Net result
-€20,539
2023 · €3,401
Working capital
€37,159▼ 3.2%
2023 · €38,389
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
Line20202021202220232024
Operating result€8,718-€6,760€1,868€5,223▲ 180%-€17,508
Net result€8,110-€10,135€563€3,401▲ 505%-€20,539
Equity€36,814▲ 28.3%€26,679▼ 27.5%€27,242▲ 2.1%€30,643▲ 12.5%€10,104▼ 67.0%
Total assets€112,797▲ 56.7%€130,614▲ 15.8%€115,948▼ 11.2%€114,586▼ 1.2%€106,565▼ 7.0%
Debt€75,983▲ 75.6%€103,935▲ 36.8%€88,706▼ 14.7%€83,943▼ 5.4%€96,461▲ 14.9%
Working capital€44,560▲ 22.2%€29,968▼ 32.7%€41,860▲ 39.7%€38,389▼ 8.3%€37,159▼ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17,508 after €5,223 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106,565
Fixed assets
€4,958 =
Current assets
€101,607 ▼ 7.3%
Equity and liabilities €106,565
Equity
€10,104 ▼ 67.0%
Debt
€96,461 ▲ 14.9%
Debt's share of the balance-sheet total rises from 73.3% to 90.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.58▲
2023 · 1.54
Quick ratio
0.12▼
2023 · 0.12
Debt to equity
9.55▲
2023 · 2.74
ROE
-203.3%▼
2023 · 11.1%
ROA
-19.3%▼
2023 · 3.0%
Debt ≤ 1 year
€64,448▼
2023 · €71,239
Debt > 1 year
€32,013▲
2023 · €12,704
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €245 | €2,351 | €2,106 | - | - |
| Other operating charges640/8 | - | €6,349 | - | €3,759 | €2,471 | ▼ 34.3% |
| Gross operating margin9900 | €9,282 | -€166 | €4,219 | €11,088 | -€15,037 | ▼ 236% |
| Operating profit (loss)9901 | €8,718 | -€6,760 | €1,868 | €5,223 | -€17,508 | ▼ 435% |
| Financial income75/76B | - | €6 | €2,251 | €104 | - | - |
| Recurring financial income75 | €497 | €6 | €44 | €104 | - | - |
| Non-recurring financial income76B | - | - | €2,207 | - | - | - |
| Financial charges65/66B | - | €3,381 | €3,557 | €1,730 | €3,032 | ▲ 75.3% |
| Recurring financial charges65 | €1,106 | €3,381 | €3,557 | €1,730 | €3,032 | ▲ 75.3% |
| Profit (loss) for the period before taxes9903 | €8,110 | -€10,135 | €563 | €3,596 | -€20,539 | ▼ 671% |
| Income taxes67/77 | - | - | - | €195 | - | - |
| Profit (loss) for the period9904 | €8,110 | -€10,135 | €563 | €3,401 | -€20,539 | ▼ 704% |
| Profit (loss) for the period to be appropriated9905 | €8,110 | -€10,135 | €563 | €3,401 | -€20,539 | ▼ 704% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,797 | €130,614 | €115,948 | €114,586 | €106,565 | ▼ 7.0% |
| Fixed assets21/28 | €4,958 | €9,416 | €7,064 | €4,958 | €4,958 | = |
| Tangible fixed assets22/27 | - | €4,458 | €2,106 | - | - | - |
| Furniture and vehicles24 | - | €4,458 | €2,106 | - | - | - |
| Financial fixed assets28 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Current assets29/58 | €107,839 | €121,198 | €108,884 | €109,629 | €101,607 | ▼ 7.3% |
| Stocks and contracts in progress3 | €53,330 | €110,330 | €101,330 | €101,001 | €94,001 | ▼ 6.9% |
| Stocks30/36 | - | €110,330 | €101,330 | €101,001 | €94,001 | ▼ 6.9% |
| Amounts receivable within one year40/41 | €48,156 | €6,765 | €6,456 | €7,572 | €3,109 | ▼ 58.9% |
| Trade receivables40 | - | €6,765 | €6,456 | €7,572 | €3,109 | ▼ 58.9% |
| Cash at bank and in hand54/58 | €6,353 | €4,104 | €1,098 | €1,056 | €4,498 | ▲ 326% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,797 | €130,614 | €115,948 | €114,586 | €106,565 | ▼ 7.0% |
| Equity10/15 | €36,814 | €26,679 | €27,242 | €30,643 | €10,104 | ▼ 67.0% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €11,373 | €11,373 | €11,373 | €11,373 | €11,373 | = |
| Non-distributable reserves130/1 | - | €3,091 | €3,091 | €3,091 | €2,000 | ▼ 35.3% |
| Reserves not available under the articles1311 | - | €3,091 | €3,091 | €3,091 | €2,000 | ▼ 35.3% |
| Distributable reserves133 | - | €8,282 | €8,282 | €8,282 | €9,373 | ▲ 13.2% |
| Profit (loss) carried forward14 | €5,441 | -€4,694 | -€4,131 | -€730 | -€21,269 | ▼ 2,815% |
| Amounts payable17/49 | €75,983 | €103,935 | €88,706 | €83,943 | €96,461 | ▲ 14.9% |
| Amounts payable after more than one year17 | €12,704 | €12,704 | €21,682 | €12,704 | €32,013 | ▲ 152% |
| Financial debts170/4 | - | €12,704 | €21,682 | €12,704 | €32,013 | ▲ 152% |
| Amounts payable within one year42/48 | €63,279 | €91,231 | €67,024 | €71,239 | €64,448 | ▼ 9.5% |
| Current portion of amounts payable after more than one year42 | - | - | €8,317 | €8,978 | €11,395 | ▲ 26.9% |
| Trade debts44 | €59,936 | €48,235 | €35,209 | €16,745 | €15,102 | ▼ 9.8% |
| Suppliers440/4 | - | €48,235 | €35,209 | €16,745 | €15,102 | ▼ 9.8% |
| Taxes, remuneration and social security45 | - | €931 | €9,343 | €16,508 | €9,451 | ▼ 42.8% |
| Taxes450/3 | - | - | - | €16,508 | €9,451 | ▼ 42.8% |
| Remuneration and social security454/9 | - | €931 | €9,343 | - | - | - |
| Other amounts payable47/48 | - | €42,064 | €14,155 | €29,008 | €28,501 | ▼ 1.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,110 | -€10,135 | €563 | €3,401 | -€20,539 | ▼ 704% |
| + Depreciation and write-downs630 | - | €245 | €2,351 | €2,106 | - | - |
| Operating cash flow (approximation) | €8,110 | -€9,890 | €2,914 | €5,508 | -€20,539 | ▼ 473% |
| Investment in fixed assets (approximation) | - | -€4,702 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,249 | -€3,006 | -€42 | €3,442 | ▲ 8,388% |
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
2025
06-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-07-2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€20,539
Net result drops to -€20,539, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €563
Net result €563 after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8,110
Net result €8,110 after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 · 1 establishment unit since 1999
Ground area
366 m²
Building footprint
366 m²
Volume, LiDAR
5,633 m³
Parcel 11312A0793/00K000, Flanders · tallest building 26.9 m, ±7 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CINAR BAZAR
since 19992.064.321.633
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11312A0793/00K000 | Flanders | 366 m² | 1 · 366 m² | 26.9 m · 7 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 | TOM TOREMANS MAARSCHALK GERARDSTRAAT 2,
2000 ANTWERPEN 1 |
31-07-2025 → present |
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Similar companies · same sector, comparable size
GOETLUST
BE 0663.549.878
Oostende · Eq €9,986
LUDVIN
BE 0731.817.389
Puurs-Sint-Amands · Eq €10,288
EBVH
BE 0825.152.868
Brussel · Eq €10,797
RAINBOW
BE 0417.009.235
Charleroi · Eq €9,371
TODI.C
BE 0546.899.460
Sint-Jans-Molenbeek · Eq €9,276
Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 494 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
Founded13-10-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
46499Wholesale of other household goods
47530Retail trade
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.