CLASSIC TECHNOLOGY
Open bankruptcyA bankruptcy procedure is open for CLASSIC TECHNOLOGY according to publications in the Belgian State Gazette; curator: TOON BRAWERS.
Summary
The 2023 annual accounts show equity of €84,121 and a net result of -€6,729.
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, Mechelen division
- Declared bankrupt
- 16 September 2024
- Supervising judge
- Patrick Vervaet
- Official Gazette
- 20-09-2024 (pdf) ↗search the document for 2024/135243
Deadlines
- Provisional date payments stopped
- 16 September 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 5 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 October 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 November 2024Goods 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
- passed on 16 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Toon BrawersZomerstraat 16, 2590 Berlaartoon@hechtrecht.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.
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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 23-11-2023, 23 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 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
23 d late
2022
32 d early
2021
30 d early
2020
25 d early
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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?Addresses Are there other customers at risk in your own list?List enrichment How is the Wholesale of information and communication equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€84,121▼ 7.4%
2022 · €90,850
Total assets
€530,508▲ 58.6%
2022 · €334,418
Net result
-€6,729▲ 86.1%
2022 · -€48,289
Working capital
€102,474▲ 14.1%
2022 · €89,809
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line20192020202120222023
Operating result-€37,282--€999▲ 97.3%€11,843-€52,620€17,282
Net result-€40,850--€5,261below the sector's middle half▲ 87.1%€833below the sector's middle half-€48,289below the sector's middle half-€6,729below the sector's middle half▲ 86.1%
Equity€143,567-€138,306within the sector's middle half▼ 3.7%€139,139within the sector's middle half▲ 0.6%€90,850below the sector's middle half▼ 34.7%€84,121below the sector's middle half▼ 7.4%
Total assets€493,819-€442,317below the sector's middle half▼ 10.4%€451,085below the sector's middle half▲ 2.0%€334,418below the sector's middle half▼ 25.9%€530,508below the sector's middle half▲ 58.6%
Debt€350,252-€304,011▼ 13.2%€311,946▲ 2.6%€243,568▼ 21.9%€446,387▲ 83.3%
Working capital€145,579-€139,034within the sector's middle half▼ 4.5%€138,751within the sector's middle half▼ 0.2%€89,809within the sector's middle half▼ 35.3%€102,474within the sector's middle half▲ 14.1%
Solvency29.1%-31.3%within the sector's middle half▲ 2.2pp30.8%within the sector's middle half▼ 0.4pp27.2%within the sector's middle half▼ 3.7pp15.9%below the sector's middle half▼ 11.3pp
Current ratio1.42-1.46within the sector's middle half▲ 0.041.45within the sector's middle half▼ 0.011.37within the sector's middle half▼ 0.081.24within the sector's middle half▼ 0.13
Return on assets (ROA)-8.3%--1.2%below the sector's middle half▲ 7.1pp0.2%below the sector's middle half▲ 1.4pp-14.4%below the sector's middle half▼ 14.6pp-1.3%below the sector's middle half▲ 13.2pp
Staff (FTE)8.9-8.5above the sector's middle half▼ 4.5%8.4above the sector's middle half▼ 1.2%7.5within the sector's middle half▼ 10.7%6.9within the sector's middle half▼ 8.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €17,282 after a loss of €52,620 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €530,508
Fixed assets
€2,872 ▲ 40.5%
Current assets
€527,636 ▲ 58.7%
Equity and liabilities €530,508
Equity
€84,121 ▼ 7.4%
Debt
€446,387 ▲ 83.3%
Debt's share of the balance-sheet total rises from 72.8% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19,974▲
2022 · -€50,576
Cash flow
-€4,037▲
2022 · -€46,244
Quick ratio
1.01▲
2022 · 0.97
Debt to equity
5.31▲
2022 · 2.68
ROE
-8.0%▲
2022 · -53.2%
Interest coverage
1.12▲
2022 · -106.93
Debt ≤ 1 year
€425,163▲
2022 · €242,565
Income taxes
€13,449▲
2022 · €1,537
Staff costs
€373,526▲
2022 · €331,636
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,479 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €331,636 | €373,526 | ▲ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,610 | €4,799 | €2,044 | €2,044 | €2,692 | ▲ 31.7% |
| Other operating charges640/8 | - | - | - | €2,102 | €475 | ▼ 77.4% |
| Gross operating margin9900 | €420,523 | €446,990 | €412,518 | €283,162 | €393,974 | ▲ 39.1% |
| Operating profit (loss)9901 | -€37,282 | -€999 | €11,843 | -€52,620 | €17,282 | ▲ 133% |
| Financial income75/76B | - | - | - | €6,341 | €7,261 | ▲ 14.5% |
| Recurring financial income75 | €3,142 | €5,673 | €8,692 | €6,341 | €7,261 | ▲ 14.5% |
| Financial charges65/66B | - | - | - | €473 | €17,822 | ▲ 3,668% |
| Recurring financial charges65 | €4,805 | €2,037 | €1,875 | €473 | €17,822 | ▲ 3,668% |
| Profit (loss) for the period before taxes9903 | -€38,945 | €2,638 | €18,661 | -€46,752 | €6,721 | ▲ 114% |
| Income taxes67/77 | €1,905 | €7,899 | €17,828 | €1,537 | €13,449 | ▲ 775% |
| Profit (loss) for the period9904 | -€40,850 | -€5,261 | €833 | -€48,289 | -€6,729 | ▲ 86.1% |
| Profit (loss) for the period to be appropriated9905 | -€40,850 | -€5,261 | €833 | -€48,289 | -€6,729 | ▲ 86.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €493,819 | €442,317 | €451,085 | €334,418 | €530,508 | ▲ 58.6% |
| Fixed assets21/28 | €2,610 | - | €4,089 | €2,044 | €2,872 | ▲ 40.5% |
| Tangible fixed assets22/27 | €2,610 | - | €4,089 | €2,044 | €2,872 | ▲ 40.5% |
| Furniture and vehicles24 | - | - | - | €2,044 | €2,872 | ▲ 40.5% |
| Current assets29/58 | €491,210 | €442,317 | €446,997 | €332,374 | €527,636 | ▲ 58.7% |
| Stocks and contracts in progress3 | €112,560 | €54,920 | €60,885 | €97,540 | €97,540 | = |
| Stocks30/36 | - | - | - | €97,540 | €97,540 | = |
| Amounts receivable within one year40/41 | €315,035 | €348,520 | €345,244 | €224,711 | €384,698 | ▲ 71.2% |
| Trade receivables40 | - | - | - | €114,209 | €327,287 | ▲ 187% |
| Other amounts receivable41 | - | - | - | €110,502 | €57,411 | ▼ 48.0% |
| Cash at bank and in hand54/58 | €63,615 | €36,514 | €37,310 | €6,808 | €42,968 | ▲ 531% |
| Deferred charges and accrued income490/1 | - | - | - | €3,315 | €2,431 | ▼ 26.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €493,819 | €442,317 | €451,085 | €334,418 | €530,508 | ▲ 58.6% |
| Equity10/15 | €143,567 | €138,306 | €139,139 | €90,850 | €84,121 | ▼ 7.4% |
| Contributions10/11 | €43,381 | €43,381 | €43,381 | €43,381 | €43,381 | = |
| Capital10 | - | - | - | €43,381 | €43,381 | = |
| Issued capital100 | - | - | - | €43,381 | €43,381 | = |
| Reserves13 | €141,036 | €141,036 | €141,036 | €141,036 | €141,036 | = |
| Non-distributable reserves130/1 | - | - | - | €4,338 | €4,338 | = |
| Legal reserve130 | - | - | - | €4,338 | €4,338 | = |
| Distributable reserves133 | - | - | - | €136,698 | €136,698 | = |
| Profit (loss) carried forward14 | -€40,850 | -€46,111 | -€45,278 | -€93,567 | -€100,296 | ▼ 7.2% |
| Amounts payable17/49 | €350,252 | €304,011 | €311,946 | €243,568 | €446,387 | ▲ 83.3% |
| Amounts payable within one year42/48 | €345,631 | €303,283 | €308,245 | €242,565 | €425,163 | ▲ 75.3% |
| Financial debts43 | - | - | - | - | €4,530 | - |
| Credit institutions430/8 | - | - | - | - | €4,530 | - |
| Trade debts44 | €237,689 | €222,267 | €149,995 | €134,163 | €143,256 | ▲ 6.8% |
| Suppliers440/4 | - | - | - | €134,163 | €143,256 | ▲ 6.8% |
| Taxes, remuneration and social security45 | - | - | - | €62,632 | €239,413 | ▲ 282% |
| Taxes450/3 | - | - | - | €7,138 | €92,578 | ▲ 1,197% |
| Remuneration and social security454/9 | - | - | - | €55,494 | €146,835 | ▲ 165% |
| Other amounts payable47/48 | - | - | - | €45,769 | €37,963 | ▼ 17.1% |
| Accrued charges and deferred income492/3 | - | - | - | €1,003 | €21,224 | ▲ 2,016% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€40,850 | -€5,261 | €833 | -€48,289 | -€6,729 | ▲ 86.1% |
| + Depreciation and write-downs630 | €2,610 | €4,799 | €2,044 | €2,044 | €2,692 | ▲ 31.7% |
| Operating cash flow (approximation) | -€38,240 | -€462 | €2,877 | -€46,244 | -€4,037 | ▲ 91.3% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€3,519 | - |
| Change in cash | - | -€27,101 | €796 | -€30,502 | €36,160 | ▲ 219% |
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
2024
20-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 16-09-2024
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€48,289
Net result drops to -€48,289, the lowest in the series.
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €833
Net result €833 after 2 loss-making years.
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 6 days late
2016
14-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · 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.
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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, Sint-Katelijne-Waver · 1 establishment unit since 1989
Ground area
2,406 m²
Building footprint
820 m²
Volume, LiDAR
3,862 m³
Parcel 12422D0275/00G000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CLASSIC TECHNOLOGY
since 19892.045.869.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0275/00G000 | Flanders | 2,406 m² | 1 · 820 m² | 6.5 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOON BRAWERS ZOMERSTRAAT 16, 2590 BERLAAR- |
16-09-2024 → present |
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Of 2,120 companies in sector 46500 we hold annual accounts for 1,408. 1,001 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-11-1989
Fiscal year end31-03
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
Contact
E-mail
info@consult.be
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.