Losses
-€333,437 in eight years
Every financial year from 2017 to 2024 closed with a loss. 2021 was the heaviest.
COMPO-PANEL
Overview
Information for creditors
Enterprise Court of Ghent, Ostend division · Official Gazette of 12-12-2025Appeal or third-party opposition 27-12-2025Filing the claim in RegSol 07-01-2026First verification report 06-02-2026Late claim until 08-12-2026
- Francis Volckaerttrusteefrancis.volckaert@dlpa.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Dirk De Bruycker
- Official Gazette
- 12-12-2025search the document for 2025/151901
Deadlines
- Provisional date payments stopped
- 8 December 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition
- passed on 27 December 2025art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 7 January 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 6 February 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 8 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Francis VolckaertKapellestraat 136 Blok E, 8020 Oostkampfrancis.volckaert@dlpa.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 8 December 2026, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
8 annual accounts with figures on one time axispeak €511 (2022)
-€859▼ €400
lowest -€121,001 (2021)
-€1,481▲ €1,708
peak -€75,413 (2017)
-€315,873▼ €1,481
€384,410▲ 0.4%
peak 0.7 FTE (2018)
-not published
Board2 names since 2021
2 directorsBehaeghel Kevin and 1 other
Documentsfilings and deeds
25-04-20255 days before the deadline
2024micro format
Gross margin from -€459 to -€859Loss of €1,481
Key points
from the 2024 annual accounts, the last ones filedDebts
€384,410 561% of the balance sheet
Financial debts 0%Suppliers 0%Other 100%
Of this, €39,519 falls due within a year.
Filings
8 annual accounts 2 late
The 2021 accounts came latest: 10 days after the end of the period.
No scoreTurnover not published (micro format)
Recent changes
Bankruptcy published
Enterprise Court of Ghent, Ostend division · judgment of 08-12-2025 · Bankruptcy
First establishment
Rochesterlaan 1, Gistel
Incorporation
published on 28-09-2015 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 08-12-2025
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.245.714.2078470 Gistel, since 01-10-2015
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-09-2024
- -€859▼ 87.0%
- €1,481▼ 53.6%
- -€315,873▼ 0.5%
- €68,537▼ 0.1%
- Filing
- Filed on 25-04-2025
Insights on COMPO-PANEL
On 8 December 2025 the court declared COMPO-PANEL bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 25-04-2025, 5 days before the deadline-€859
▼ €400
-€1,359
▼ €440
-€1,481
▲ €1,708
€29,018
▼ 2.1%
-460.9%
▼ 2.4 percentage points
1.73
▼ 0.03
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €68,537 on 30-09-2024What the company ownsHow it is paid for
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
68,537 | 68,575 | 69,090 | 69,949 | 186,092 | 187,160 | 353,846 | 398,073 | |
20 |
- | - | - | - | - | 1,360 | 2,720 | 4,080 | |
21/28 |
- | - | - | - | - | - | - | 3,750 | |
22/27 |
- | - | - | - | - | - | - | 3,750 | |
24 |
- | - | - | - | - | - | - | 3,750 | |
29/58 |
68,537 | 68,575 | 69,090 | 69,949 | 186,092 | 185,800 | 351,126 | 390,243 | |
29 |
68,537 | 68,537 | 68,537 | 68,537 | 68,537 | 68,576 | 73,126 | 56,976 | |
291 |
68,537 | 68,537 | 68,537 | 68,537 | 68,537 | 68,576 | 73,126 | 56,976 | |
3 |
- | - | - | - | 116,005 | 116,005 | 165,722 | 165,722 | |
30/36 |
- | - | - | - | 116,005 | 116,005 | 165,722 | 165,722 | |
40/41 |
- | - | 553 | 1,412 | 1,092 | 1,218 | 112,197 | 167,381 | |
40 |
- | - | - | - | - | - | 111,687 | 156,850 | |
41 |
- | - | 553 | 1,412 | 1,092 | 1,218 | 510 | 10,531 | |
54/58 |
- | 37 | - | - | 457 | - | 81 | 164 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
68,537 | 68,575 | 69,090 | 69,949 | 186,092 | 187,160 | 353,846 | 398,073 | |
10/15 |
-315,873 | -314,392 | -311,202 | -310,661 | -189,660 | -179,317 | -119,323 | -75,413 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | |
1109/19 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | |
14 |
-334,473 | -332,992 | -329,802 | -329,261 | -208,260 | -197,917 | -137,923 | -94,013 | |
17/49 |
384,410 | 382,966 | 380,292 | 380,610 | 375,752 | 366,477 | 473,168 | 473,486 | |
17 |
344,891 | 344,032 | 340,721 | 327,576 | 236,539 | 228,578 | 210,223 | 44,988 | |
170/4 |
- | - | - | - | 15,742 | 41,774 | 66,647 | - | |
178/9 |
344,891 | 344,032 | 340,721 | 327,576 | 220,797 | 186,804 | 143,576 | 44,988 | |
42/48 |
39,519 | 38,934 | 39,571 | 53,035 | 139,213 | 137,899 | 262,894 | 427,400 | |
42 |
- | - | - | - | 28,315 | 28,164 | 25,698 | - | |
43 |
85 | - | 84 | 63 | - | 50 | - | 100,000 | |
430/8 |
85 | - | 84 | 63 | - | 50 | - | 100,000 | |
44 |
499 | - | - | 12,625 | 110,565 | 108,225 | 236,863 | 323,498 | |
440/4 |
499 | - | - | 12,625 | 110,565 | 108,225 | 236,863 | 323,498 | |
45 |
- | - | - | - | - | 1,126 | - | 1,569 | |
454/9 |
- | - | - | - | - | 1,126 | - | 1,569 | |
47/48 |
38,934 | 38,934 | 39,487 | 40,346 | 333 | 333 | 333 | 2,333 | |
492/3 |
- | - | - | - | - | - | 51 | 1,098 | |
| Income statement | |||||||||
9900 |
-859 | -459 | 511 | -119,007 | -1,600 | -2,344 | -3,590 | -31,776 | |
62 |
- | - | - | - | - | 1,962 | 29,677 | 17,147 | |
630 |
- | - | - | - | 1,360 | 1,360 | 1,360 | 2,610 | |
631/4 |
- | - | - | - | - | 49,717 | - | - | |
640/8 |
499 | 460 | 574 | - | 1,299 | 1,372 | 2,379 | 2,827 | |
66A |
- | - | - | - | - | - | 444 | - | |
9901 |
-1,359 | -919 | -63 | -119,007 | -4,259 | -56,755 | -37,450 | -54,360 | |
75/76B |
- | - | - | 1,943 | 72 | 15,835 | 105 | 7 | |
75 |
- | - | - | 59 | 72 | 65 | 105 | 7 | |
76B |
- | - | - | 1,884 | - | 15,769 | - | - | |
65/66B |
123 | 2,270 | 478 | 3,937 | 6,156 | 19,074 | 6,565 | 38,625 | |
65 |
123 | 880 | 478 | 3,937 | 6,156 | 19,074 | 6,565 | 5,981 | |
66B |
- | 1,390 | - | - | - | - | - | 32,644 | |
9903 |
-1,481 | -3,189 | -541 | -121,001 | -10,343 | -59,994 | -43,909 | -92,978 | |
9904 |
-1,481 | -3,189 | -541 | -121,001 | -10,343 | -59,994 | -43,909 | -92,978 | |
9905 |
-1,481 | -3,189 | -541 | -121,001 | -10,343 | -59,994 | -43,909 | -92,978 | |
| Appropriation of the result | |||||||||
9906 |
-334,473 | -332,992 | -329,802 | -329,261 | -208,260 | -197,917 | -137,923 | -94,013 | |
14P |
-332,992 | -329,802 | -329,261 | -208,260 | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
- | - | - | - | - | - | 0.7 | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | 1,136 | 830 | |
| Document | |||||||||
Source: Annual accounts 2024 (PDF), filed on 25-04-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | micro format | 25-04-2025 | 2025-00076846 | |
| 30-09-2023 | micro format | 19-04-2024 | 2024-00066998 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00072541 | |
| 30-09-2021 | micro format | 10-05-2022 | 2022-20028262 | |
| 30-09-2020 | micro format | 09-04-2021 | 2021-10000560 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11300170 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11500011 | |
| 30-09-2017 | micro format | 02-05-2018 | 2018-11600124 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | -2,899 | -55,395 | -36,090 | -51,750 | ||
| - | - | - | - | -8,983 | -58,634 | -42,549 | -90,368 | ||
| - | - | - | - | 0 | 0 | 330 | - | ||
| - | - | - | - | - | - | -83 | - | ||
| 29,018 | 29,640 | 29,519 | 16,915 | 46,879 | 47,901 | 88,232 | -37,157 | ||
| -460.9% | -458.5% | -450.4% | -444.1% | -101.9% | -95.8% | -33.7% | -18.9% | ||
| 1.73 | 1.76 | 1.75 | 1.32 | 1.34 | 1.35 | 1.34 | 0.91 | ||
| 1.73 | 1.76 | 1.75 | 1.32 | 0.50 | 0.51 | 0.71 | 0.53 | ||
| -2.2% | -4.7% | -0.8% | -173.0% | -5.6% | -32.1% | -12.4% | -23.4% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on COMPO-PANEL
The operating result for 2024 is a loss of €1,359, larger than the loss of €919 in 2023. It is the lowest result since 2021.
Equity is negative. Debt (€384,410) exceeds the balance-sheet total (€68,537).
Board & ownership
Curator
the curator has managed the company since 08-12-2025Last board
2 directorsMandates through the years
2 names, the dashed line is todayBehaeghel Kevin
Director
Director
Stael Stefaan
Director
Director
Boardmandate already running before its first mentionBankruptcy 08-12-2025
Mandates as a list
- Behaeghel Kevin
- Director, from before 30-09-2021, until the bankruptcy of 08-12-2025
- Stael Stefaan
- Director, from before 30-09-2021, until the bankruptcy of 08-12-2025
Control
Capital
- Contribution
- €18,600
- Source
- 2024 annual accounts
Network & group
No group
COMPO-PANEL has no parent and no holdings in its annual accounts. COMPO-PANEL shares no director with another company.
Timeline
Timeline
12 events since 2015Filings
Financial
Establishments
Insolvency
201620182020202220242026
2025
Bankruptcy published Enterprise Court of Ghent, Ostend division · judgment of 08-12-2025
Annual accounts 2024 filed PDFmicro format · 5 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 11 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 10 days late
2021
Weakest financial year net -€121,001 The net result drops to -€121,001, the lowest from 2017 to 2024.
Annual accounts 2020 filed PDFmicro format · 21 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · on the deadline day
2019
Annual accounts 2018 filed PDFmicro format · 1 day before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 2 days late
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0638.829.726
- VAT number
- BE 0638.829.726
- Legal form
- Private limited company (pre-2019)
- Status
- In bankruptcy, since 08-12-2025
- Founded
- 24-09-2015
- Financial year
- ends on 30 September
- Peppol
- Not found in the Peppol Directory
- Name
- COMPO-PANEL in Dutch
- Entity type
- Legal entity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rochesterlaan 1A registered office 8470 Gistel | ||
| Rochesterlaan 1 8470 Gistel 22210 Manufacture of rubber and plastic products | 01-10-2015 | 2.245.714.207 |
Buildings and parcels at the addresses
- Ground area
- 1.8 ha
- Buildings
- 1,760 m²
- Volume, LiDAR
- 4,571 m³
- Tallest building
- 7.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35005D0715/00Z000 | 1.7 ha | 1 · 1,583 m² | 6.0 m · 1 |
| 35005D0715/00P000 | 701 m² | 1 · 177 m² | 7.2 m · 2 |