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CN-HEALTH18

Open bankruptcy
Private limited companyfounded 2015Hendrik Heymanplein 16, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0597.594.828

A bankruptcy procedure is open for CN-HEALTH18 according to publications in the Belgian State Gazette; curator: JOHAN COLPAERT.

Summary

The 2024 annual accounts show equity of €19,619 and a net result of €16,832.

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, Dendermonde division
Declared bankrupt
4 May 2026
Supervising judge
Evelyne Martens
Official Gazette
08-05-2026 (pdf) ↗search the document for 2026/120120

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.

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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
92 d late
2022
10 d late
2021
58 d late
2020
215 d late
2019
404 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 135 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

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

History

CN-HEALTH18 was incorporated on 29 January 2015.1 Total assets rose from EUR 26,660 in 2018 to EUR 41,309 in 2024.2 On 4 May 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 08-05-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€19,619▲ 604%
2023 · €2,787
Total assets
€41,309▼ 21.8%
2023 · €52,794
Net result
€16,832
2023 · -€2,853
Working capital
€18,242▲ 555%
2023 · €2,787
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€15-€3,471€4,658€11,737▲ 152%€16,856▲ 43.6%
Net result€0-€3,241€4,658-€2,853€16,832
Equity€4,223=€982▼ 76.8%€5,640▲ 474%€2,787▼ 50.6%€19,619▲ 604%
Total assets€20,551▼ 2.1%€19,781▼ 3.7%€11,447▼ 42.1%€52,794▲ 361%€41,309▼ 21.8%
Debt€16,328▼ 2.6%€18,799▲ 15.1%€5,808▼ 69.1%€50,008▲ 761%€21,690▼ 56.6%
Working capital€2,823▼ 58.8%€282▼ 90.0%€5,640▲ 1,901%€2,787▼ 50.6%€18,242▲ 555%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: €15€15Net result 2020: €0€0Operating result 2021: -€3,471-€3,471Net result 2021: -€3,241-€3,241Operating result 2022: €4,658€4,658Net result 2022: €4,658€4,658Operating result 2023: €11,737€11,737Net result 2023: -€2,853-€2,853Operating result 2024: €16,856€16,856Net result 2024: €16,832€16,83220202021202220232024-€5,000€0€5,000€10,000€15,000Operating result 2022: €4,658€4,660Net result 2022: €4,658€4,660Operating result 2023: €11,737€11,700Net result 2023: -€2,853-€2,850Operating result 2024: €16,856€16,900Net result 2024: €16,832€16,800202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41,309
Fixed assets €1,377
Current assets €39,932
Equity and liabilities €41,309
Equity €19,619 ▲ 604%
Debt €21,690 ▼ 56.6%
Debt's share of the balance-sheet total falls from 94.7% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€16,987
Cash flow
€16,964
Current ratio
1.84▲
2023 · 1.06
Debt to equity
1.11▼
2023 · 17.94
ROE
85.8%▲
2023 · -102.4%
ROA
40.7%▲
2023 · -5.4%
Interest coverage
719.19
Debt ≤ 1 year
€21,690▼
2023 · €50,008
Staff costs
€163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€52,794€41,309▼
Fixed assets21/28-€1,377
Tangible fixed assets22/27-€1,377
Plant, machinery and equipment23-€1,377
Current assets29/58€52,794€39,932▼
Amounts receivable within one year40/41€13,118€17,268▲
Trade receivables40€123-
Other amounts receivable41€12,995€17,268▲
Cash at bank and in hand54/58-€15,262
Deferred charges and accrued income490/1€39,677€7,402▼
Equity and liabilities
Total equity and liabilities10/49€52,794€41,309▼
Equity10/15€2,787€19,619▲
Contributions10/11€73,250€73,250=
Capital10€73,250€73,250=
Issued capital100€73,250€73,250=
Profit (loss) carried forward14-€70,463-€53,631▲
Amounts payable17/49€50,008€21,690▼
Amounts payable within one year42/48€50,008€21,690▼
Trade debts44€4,353-
Suppliers440/4€4,353-
Taxes, remuneration and social security45€13,340€18,912▲
Taxes450/3€13,340€18,912▲
Other amounts payable47/48€32,315€2,778▼
Income statement Code20232024
Remuneration, social security and pensions62-€163
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€131
Other operating charges640/8€2,096€1,501▼
Gross operating margin9900€13,833€18,652▲
Operating profit (loss)9901€11,737€16,856▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€54€24▼
Recurring financial charges65€54€24▼
Profit (loss) for the period before taxes9903€11,683€16,832▲
Income taxes67/77€14,535-
Profit (loss) for the period9904-€2,853€16,832▲
Profit (loss) for the period to be appropriated9905-€2,853€16,832▲
Appropriation of the result
Profit (loss) to be appropriated9906-€70,463-€53,631▲
Profit (loss) brought forward from the previous period14P-€67,610-€70,463▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€339--€163-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€700€700€968-€131-
Other operating charges640/8-€723€3,526€2,096€1,501▼ 28.4%
Non-recurring operating charges66A-€350----
Gross operating margin9900€2,505-€1,359€9,151€13,833€18,652▲ 34.8%
Operating profit (loss)9901€15-€3,471€4,658€11,737€16,856▲ 43.6%
Financial income75/76B-€251--€0-
Recurring financial income75€0€251--€0-
Financial charges65/66B-€21-€54€24▼ 56.3%
Recurring financial charges65€15€21-€54€24▼ 56.3%
Profit (loss) for the period before taxes9903€0-€3,241€4,658€11,683€16,832▲ 44.1%
Income taxes67/77---€14,535--
Profit (loss) for the period9904€0-€3,241€4,658-€2,853€16,832▲ 690%
Profit (loss) for the period to be appropriated9905€0-€3,241€4,658-€2,853€16,832▲ 690%
Line20202021202220232024Change
Assets
Total assets20/58€20,551€19,781€11,447€52,794€41,309▼ 21.8%
Formation expenses20€0€0----
Fixed assets21/28€1,400€700--€1,377-
Tangible fixed assets22/27€1,400€700--€1,377-
Plant, machinery and equipment23-€700--€1,377-
Current assets29/58€19,151€19,081€11,447€52,794€39,932▼ 24.4%
Amounts receivable within one year40/41€13,934€14,324€10,842€13,118€17,268▲ 31.6%
Trade receivables40-€1,293-€123--
Other amounts receivable41-€13,032€10,842€12,995€17,268▲ 32.9%
Cash at bank and in hand54/58€2,691€2,691€605-€15,262-
Deferred charges and accrued income490/1-€2,065-€39,677€7,402▼ 81.3%
Equity and liabilities
Total equity and liabilities10/49€20,551€19,781€11,447€52,794€41,309▼ 21.8%
Equity10/15€4,223€982€5,640€2,787€19,619▲ 604%
Contributions10/11€73,250€73,250€73,250€73,250€73,250=
Capital10--€73,250€73,250€73,250=
Issued capital100--€73,250€73,250€73,250=
Profit (loss) carried forward14-€69,027-€72,268-€67,610-€70,463-€53,631▲ 23.9%
Amounts payable17/49€16,328€18,799€5,808€50,008€21,690▼ 56.6%
Amounts payable within one year42/48€16,328€18,799€5,808€50,008€21,690▼ 56.6%
Trade debts44€3,191€3,386-€4,353--
Suppliers440/4-€3,386-€4,353--
Taxes, remuneration and social security45-€1,526€2,033€13,340€18,912▲ 41.8%
Taxes450/3-€826€2,033€13,340€18,912▲ 41.8%
Remuneration and social security454/9-€700----
Other amounts payable47/48-€13,887€3,775€32,315€2,778▼ 91.4%
Line20202021202220232024Change
Profit (loss) for the period9904€0-€3,241€4,658-€2,853€16,832▲ 690%
+ Depreciation and write-downs630€700€700€968-€131-
Operating cash flow (approximation)€700-€2,541€5,626-€2,853€16,964▲ 695%
Investment in fixed assets (approximation)-€0----
Change in cash-€0-€2,086---

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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Timeline · acts, filings and financial milestones

2026
08-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 04-05-2026
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Back to profitnet €16,832
Net result €16,832 after one loss-making year.
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
10-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial Back to profitnet €4,658
Net result €4,658 after 4 loss-making years.
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
03-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 215 days late
2021
08-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 404 days late
2019
25-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 331 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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-Niklaas · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,418 m²
Building footprint
1,953 m²
Volume, LiDAR
30,030 m³
Parcel 46443E1622/00D000, Flanders · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Chinees Massage 16
Hendrik Heymanplein 16, 9100 Sint-NiklaasPersonal service activities
since 20182.283.112.358
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46443E1622/00D000 Flanders 2,418 m² 1 · 1,953 m² 22.3 m · 6 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 JOHAN COLPAERT
HULSTBAAN 233A, 9112 SINAAI- WAAS
04-05-2026 → present

Similar companies · same sector, comparable size

Of 6,708 companies in sector 96230 we hold annual accounts for 627. 459 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
Founded29-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
96230Day spas, saunas and steam baths

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