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COMUS TECHNOLOGY

Open bankruptcy
Private limited company (pre-2019)founded 2012Overhaamlaan 40, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0846.132.582
Summary

A bankruptcy procedure is open for COMUS TECHNOLOGY according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €2.7m and a net result of €193,394.

COMUS TECHNOLOGYOpen 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 Antwerp, Hasselt division
Declared bankrupt
5 December 2024
Supervising judge
Hilde Claes
Official Gazette
11-12-2024 (pdf) ↗search the document for 2024/148442

Curators

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

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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 · Latest accounts filed on time
The financial year that closed on 31-07-2023 was due by 29-02-2024 and was filed on 13-02-2024, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
16 d early
2022
1 d early
2021
15 d late
2020
75 d early
2019
54 d early
← 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 26 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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

COMUS TECHNOLOGY was incorporated on 24 May 2012.1 Revenue fell from EUR 16 million in 2019 to EUR 13 million in 2023 and headcount from 1 to 1 full-time equivalents.2 On 5 December 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 11-12-2024

Go further with this company

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

Financials · fiscal year 2023, full schema

Turnover
€12.8m▼ 11.3%
2022 · €14.5m
EBIT margin
1.5%=
2022 · 1.5%
Net result
€193,394
2022 · -€27,054
Working capital
€1.3m▲ 4.9%
2022 · €1.3m
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
Line20192020202120222023
Turnover€15.5m-€11.9m▼ 23.2%€12.2m▲ 2.5%€14.5m▲ 18.5%€12.8m▼ 11.3%
Operating result€532,735-€397,356▼ 25.4%€417,000▲ 4.9%€212,943▼ 48.9%€190,364▼ 10.6%
Net result€334,167-€255,431▼ 23.6%€271,257▲ 6.2%-€27,054€193,394
EBIT margin3.4%-3.3%▼ 0.1pp3.4%▲ 0.1pp1.5%▼ 1.9pp1.5%=
Equity€2.0m-€2.2m▲ 13.0%€2.5m▲ 12.2%€2.5m▼ 1.1%€2.7m▲ 7.9%
Total assets€4.9m-€5.0m▲ 1.1%€7.5m▲ 49.2%€8.1m▲ 9.0%€6.9m▼ 14.6%
Debt€3.0m-€2.8m▼ 6.7%€5.0m▲ 78.6%€5.7m▲ 14.0%€4.3m▼ 24.4%
Working capital€2.5m-€1.8m▼ 29.0%€1.4m▼ 20.9%€1.3m▼ 9.0%€1.3m▲ 4.9%
Staff (FTE)1-1=1=1=1=
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2019: €532,735€532,735Net result 2019: €334,167€334,167Operating result 2020: €397,356€397,356Net result 2020: €255,431€255,431Operating result 2021: €417,000€417,000Net result 2021: €271,257€271,257Operating result 2022: €212,943€212,943Net result 2022: -€27,054-€27,054Operating result 2023: €190,364€190,364Net result 2023: €193,394€193,39420192020202120222023-€200,000€0€200,000€400,000Operating result 2021: €417,000€417,000Net result 2021: €271,257€271,000Operating result 2022: €212,943€213,000Net result 2022: -€27,054-€27,100Operating result 2023: €190,364€190,000Net result 2023: €193,394€193,000202120222023
The operating result has fallen two years in a row; 2023 is 11% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €6.9m
Fixed assets €1.4m ▼ 1.2%
Current assets €5.5m ▼ 17.6%
Equity and liabilities €6.9m
Equity €2.7m ▲ 7.9%
Debt €4.3m ▼ 24.4%
Debt's share of the balance-sheet total falls from 69.7% to 61.7%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€231,286▼
2022 · €248,978
Cash flow
€234,316▲
2022 · €8,982
Current ratio
1.32▲
2022 · 1.23
Quick ratio
0.76▼
2022 · 0.77
Debt to equity
1.61▼
2022 · 2.30
ROE
7.3%▲
2022 · -1.1%
ROA
2.8%▲
2022 · -0.3%
Interest coverage
83.02▼
2022 · 125.86
Debt ≤ 1 year
€4.2m▼
2022 · €5.4m
Debt > 1 year
€100,000▼
2022 · €240,841
Income taxes
€74,045▲
2022 · -€105
Staff costs
€318,192▲
2022 · €306,444
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 · 2023 against 2022 · 79 lines
Balance sheet Code20222023
Assets
Total assets20/58€8.1m€6.9m▼
Fixed assets21/28€1.5m€1.4m▼
Tangible fixed assets22/27€199,509€158,587▼
Plant, machinery and equipment23€196,401€157,403▼
Other tangible fixed assets26€3,108€1,184▼
Financial fixed assets28€1.3m€1.3m▲
Affiliated companies280/1€1.2m€1.3m▲
Participating interests280€773,000€773,000=
Amounts receivable281€460,768€484,953▲
Other financial fixed assets284/8€18,744€18,744=
Amounts receivable and cash guarantees285/8€18,744€18,744=
Current assets29/58€6.7m€5.5m▼
Stocks and contracts in progress3€2.5m€2.3m▼
Stocks30/36€2.5m€2.3m▼
Raw materials and consumables30/31€790,140€620,387▼
Work in progress32€1.5m€1.6m▲
Finished goods33€169,721€127,631▼
Amounts receivable within one year40/41€4.1m€3.2m▼
Trade receivables40€4.1m€3.1m▼
Other amounts receivable41€23,724€30,146▲
Cash at bank and in hand54/58€3,552€51▼
Deferred charges and accrued income490/1€78,299€31,059▼
Equity and liabilities
Total equity and liabilities10/49€8.1m€6.9m▼
Equity10/15€2.5m€2.7m▲
Contributions10/11€36,403€36,403=
Reserves13€41,030€41,030=
Non-distributable reserves130/1€3,640€3,640=
Reserves not available under the articles1311€3,640€3,640=
Tax-exempt reserves132€11,665€11,665=
Distributable reserves133€25,725€25,725=
Profit (loss) carried forward14€2.4m€2.6m▲
Amounts payable17/49€5.7m€4.3m▼
Amounts payable after more than one year17€240,841€100,000▼
Financial debts170/4€240,841€100,000▼
Other loans174€240,841€100,000▼
Amounts payable within one year42/48€5.4m€4.2m▼
Current portion of amounts payable after more than one year42€1.2m€1.1m▼
Financial debts43€697,203€432,636▼
Credit institutions430/8€697,203€432,636▼
Trade debts44€2.3m€1.9m▼
Suppliers440/4€2.3m€1.9m▼
Advances received on contracts in progress46€652,097€62,937▼
Taxes, remuneration and social security45€91,162€128,653▲
Taxes450/3€42,817€78,042▲
Remuneration and social security454/9€48,346€50,612▲
Other amounts payable47/48€458,974€510,182▲
Accrued charges and deferred income492/3€16,363€8,930▼
Income statement Code20222023
Operating income70/76A€14.2m€12.9m▼
Turnover70€14.5m€12.8m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€288,002-€97,467▲
Other operating income74€11,919€52,564▲
Non-recurring operating income76A-€80,525
Operating charges60/66A€14.0m€12.7m▼
Goods for resale, raw materials and consumables60€12.6m€11.5m▼
Purchases600/8€12.9m€11.4m▼
Change in stocks: decrease (increase)609-€207,116€169,753▲
Services and other goods61€909,859€874,939▼
Remuneration, social security and pensions62€306,444€318,192▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,035€40,922▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€96,755-€96,755▼
Other operating charges640/8€993€1,243▲
Operating profit (loss)9901€212,943€190,364▼
Financial income75/76B€362,717€563,961▲
Recurring financial income75€362,717€563,961▲
Income from current assets751€4,147€0▼
Other financial income752/9€358,570€563,961▲
Financial charges65/66B€602,819€486,885▼
Recurring financial charges65€602,819€486,885▼
Debt charges650€1,978€2,786▲
Other financial charges652/9€600,840€484,100▼
Profit (loss) for the period before taxes9903-€27,159€267,440▲
Income taxes67/77-€105€74,045▲
Taxes670/3€667€74,045▲
Tax adjustments and reversals of tax provisions77€773€0▼
Profit (loss) for the period9904-€27,054€193,394▲
Profit (loss) for the period to be appropriated9905-€27,054€193,394▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.4m€2.6m▲
Profit (loss) brought forward from the previous period14P€2.4m€2.4m▼
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Operating income70/76A---€14.2m€12.9m▼ 9.4%
Turnover70€15.5m€11.9m€12.2m€14.5m€12.8m▼ 11.3%
Change in stocks of work in progress, finished goods and contracts in progress71----€288,002-€97,467▲ 66.2%
Other operating income74---€11,919€52,564▲ 341%
Non-recurring operating income76A----€80,525-
Operating charges60/66A---€14.0m€12.7m▼ 9.3%
Goods for resale, raw materials and consumables60---€12.6m€11.5m▼ 8.7%
Purchases600/8---€12.9m€11.4m▼ 11.5%
Change in stocks: decrease (increase)609----€207,116€169,753▲ 182%
Services and other goods61---€909,859€874,939▼ 3.8%
Remuneration, social security and pensions62---€306,444€318,192▲ 3.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,589€22,651€24,586€36,035€40,922▲ 13.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€96,755-€96,755▼ 200%
Other operating charges640/8---€993€1,243▲ 25.1%
Operating profit (loss)9901€532,735€397,356€417,000€212,943€190,364▼ 10.6%
Financial income75/76B---€362,717€563,961▲ 55.5%
Recurring financial income75€19,858€180,710€181,578€362,717€563,961▲ 55.5%
Income from current assets751---€4,147€0▼ 100%
Other financial income752/9---€358,570€563,961▲ 57.3%
Financial charges65/66B---€602,819€486,885▼ 19.2%
Recurring financial charges65€58,426€197,933€225,036€602,819€486,885▼ 19.2%
Debt charges650€21,892€16,167€5,226€1,978€2,786▲ 40.8%
Other financial charges652/9---€600,840€484,100▼ 19.4%
Profit (loss) for the period before taxes9903€494,167€380,133€373,542-€27,159€267,440▲ 1,085%
Income taxes67/77€160,000€124,702€102,285-€105€74,045▲ 70,365%
Taxes670/3---€667€74,045▲ 10,996%
Tax adjustments and reversals of tax provisions77---€773€0▼ 100%
Profit (loss) for the period9904€334,167€255,431€271,257-€27,054€193,394▲ 815%
Profit (loss) for the period to be appropriated9905€334,167€255,431€271,257-€27,054€193,394▲ 815%
Line20192020202120222023Change
Assets
Total assets20/58€4.9m€5.0m€7.5m€8.1m€6.9m▼ 14.6%
Formation expenses20€0-----
Fixed assets21/28€141,197€868,546€1.3m€1.5m€1.4m▼ 1.2%
Intangible fixed assets21€0-----
Tangible fixed assets22/27€99,453€76,802€186,000€199,509€158,587▼ 20.5%
Plant, machinery and equipment23---€196,401€157,403▼ 19.9%
Other tangible fixed assets26---€3,108€1,184▼ 61.9%
Financial fixed assets28€41,744€791,744€1.2m€1.3m€1.3m▲ 1.9%
Affiliated companies280/1---€1.2m€1.3m▲ 2.0%
Participating interests280---€773,000€773,000=
Amounts receivable281---€460,768€484,953▲ 5.2%
Other financial fixed assets284/8---€18,744€18,744=
Amounts receivable and cash guarantees285/8---€18,744€18,744=
Current assets29/58€4.8m€4.1m€6.1m€6.7m€5.5m▼ 17.6%
Stocks and contracts in progress3€3.1m€2.8m€2.7m€2.5m€2.3m▼ 6.8%
Stocks30/36---€2.5m€2.3m▼ 6.8%
Raw materials and consumables30/31---€790,140€620,387▼ 21.5%
Work in progress32---€1.5m€1.6m▲ 2.7%
Finished goods33---€169,721€127,631▼ 24.8%
Amounts receivable within one year40/41€1.7m€1.3m€3.4m€4.1m€3.2m▼ 23.2%
Trade receivables40---€4.1m€3.1m▼ 23.5%
Other amounts receivable41---€23,724€30,146▲ 27.1%
Cash at bank and in hand54/58€28,065€30,650€13,224€3,552€51▼ 98.6%
Deferred charges and accrued income490/1---€78,299€31,059▼ 60.3%
Equity and liabilities
Total equity and liabilities10/49€4.9m€5.0m€7.5m€8.1m€6.9m▼ 14.6%
Equity10/15€2.0m€2.2m€2.5m€2.5m€2.7m▲ 7.9%
Contributions10/11€36,403€0-€36,403€36,403=
Reserves13€41,030€41,030€41,030€41,030€41,030=
Non-distributable reserves130/1---€3,640€3,640=
Reserves not available under the articles1311---€3,640€3,640=
Tax-exempt reserves132---€11,665€11,665=
Distributable reserves133---€25,725€25,725=
Profit (loss) carried forward14€1.9m€2.1m€2.4m€2.4m€2.6m▲ 8.1%
Amounts payable17/49€3.0m€2.8m€5.0m€5.7m€4.3m▼ 24.4%
Amounts payable after more than one year17€644,936€400,605€226,350€240,841€100,000▼ 58.5%
Financial debts170/4---€240,841€100,000▼ 58.5%
Other loans174---€240,841€100,000▼ 58.5%
Amounts payable within one year42/48€2.3m€2.4m€4.7m€5.4m€4.2m▼ 22.8%
Current portion of amounts payable after more than one year42---€1.2m€1.1m▼ 6.6%
Financial debts43---€697,203€432,636▼ 37.9%
Credit institutions430/8---€697,203€432,636▼ 37.9%
Trade debts44€1.2m€1.1m€2.8m€2.3m€1.9m▼ 17.0%
Suppliers440/4---€2.3m€1.9m▼ 17.0%
Advances received on contracts in progress46---€652,097€62,937▼ 90.3%
Taxes, remuneration and social security45---€91,162€128,653▲ 41.1%
Taxes450/3---€42,817€78,042▲ 82.3%
Remuneration and social security454/9---€48,346€50,612▲ 4.7%
Other amounts payable47/48---€458,974€510,182▲ 11.2%
Accrued charges and deferred income492/3---€16,363€8,930▼ 45.4%
Line20192020202120222023Change
Profit (loss) for the period9904€334,167€255,431€271,257-€27,054€193,394▲ 815%
+ Depreciation and write-downs630€22,589€22,651€24,586€36,035€40,922▲ 13.6%
Operating cash flow (approximation)€356,756€278,082€295,843€8,982€234,316▲ 2,509%
Investment in fixed assets (approximation)--€750,000-€495,663-€148,433-€24,185▲ 83.7%
Change in cash-€2,585-€17,425-€9,672-€3,501▲ 63.8%

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

2024
11-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 05-12-2024
13-02
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
Financial Back to profitnet €193,394
Net result €193,394 after one loss-making year.
27-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
Financial Weakest financial yearnet -€27,054
Net result drops to -€27,054, the lowest in the series.
15-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 15 days late
2020
15-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema
31-07
Financial Equity above €2mEq €2.2m ▲13%
2 profitable years in a row build equity to €2.2m.
06-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
13-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
31-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
26-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
22-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema
19-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Tongeren-Borgloon · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
3.6 ha
Building footprint
9,226 m²
Volume, LiDAR
50,589 m³
Parcel 73348B0834/00C000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Comus Technology
Overhaamlaan 40, 3700 Tongeren-BorgloonAgents specialised in the wholesale of other particular products
since 20122.210.563.484
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73348B0834/00C000 Flanders 3.6 ha 1 · 9,226 m² 9.6 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

2 mandates
Role Name Tenure
Curator KRISTIEN HANSSEN
DIEPLAAN 57, 3600 GENK-
05-12-2024 → present
Curator TANGUY PAQUET
DIEPLAAN 57, 3600 GENK
05-12-2024 → present

Structure & network

Owners and holdings

3 holdings

Owners 0

The accounts to 31-07-2023 list no shareholders, and no other source names one.

Holdings 3

According to the annual accounts to 31-07-2023 of COMUS TECHNOLOGY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 263 companies in sector 27110 we hold annual accounts for 173. 81 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 (pre-2019)
Founded24-05-2012
Fiscal year end31-07
Activities, NACEBEL 2025
27110Manufacture of electrical equipment
27120Manufacture of electrical equipment
27330Manufacture of electrical equipment
27900Manufacture of electrical equipment
82100Office administrative and support services
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 27 September 2026 · Peppol Directory

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