DE WITTE MEREL
Open bankruptcySummary
A bankruptcy procedure is open for DE WITTE MEREL according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €77,333 and a net result of -€75,951.
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
- 30 March 2023
- Official Gazette
- 05-04-2023 (pdf) ↗search the document for 2023/113071
Deadlines
- Provisional date payments stopped
- 30 March 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 April 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 April 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 May 2023Goods 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 30 March 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Ronny MaesPrins Bisschopsingel 11, 3500 Hasseltr.maes@exacto-advocaten.be
- Kristof KrolPrins Bisschopssingel 11, 3500 Hasseltk.krol@exacto-advocaten.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 31-12-2020 was due by 31-07-2021 and was filed on 19-08-2021, 19 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 confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
19 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 Non-scheduled passenger transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, abbreviated schema
Equity
€77,333▼ 69.0%
2019 · €249,424
Total assets
€970,020▼ 17.2%
2019 · €1.2m
Net result
-€75,951
2019 · €7,489
Working capital
-€165,231▼ 411%
2019 · -€32,327
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line201820192020
Operating result€22,259-€26,155▲ 17.5%-€69,119
Net result€5,394-€7,489▲ 38.8%-€75,951below the sector's middle half
Equity€241,935-€249,424▲ 3.1%€77,333below the sector's middle half▼ 69.0%
Total assets€966,731-€1.2m▲ 21.2%€970,020within the sector's middle half▼ 17.2%
Debt€724,796-€921,889▲ 27.2%€892,687▼ 3.2%
Working capital-€24,299--€32,327▼ 33.0%-€165,231▼ 411%
Solvency25.0%-21.3%▼ 3.7pp8.0%below the sector's middle half▼ 13.3pp
Staff (FTE)10.3-11▲ 6.8%11within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 turns negative in 2020: a loss of €69,119 after €26,155 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €934,303
Fixed assets
€333,056 ▼ 43.9%
Current assets
€601,247 ▲ 4.2%
Equity and liabilities €970,020
Equity
€77,333 ▼ 69.0%
Debt
€892,687 ▼ 3.2%
Debt's share of the balance-sheet total rises from 78.7% to 92.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€69,003▼
2019 · €181,337
Cash flow
€62,171▼
2019 · €162,671
Current ratio
0.78▼
2019 · 0.95
Debt to equity
1.63▲
2019 · 1.25
ROE
-98.2%▼
2019 · 3.0%
ROA
-7.8%▼
2019 · 0.6%
Debt ≤ 1 year
€766,478▲
2019 · €609,472
Debt > 1 year
€126,209▼
2019 · €312,417
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €177,827 | €155,182 | €138,122 | ▼ 11.0% |
| Gross operating margin9900 | €667,255 | €696,955 | €277,830 | ▼ 60.1% |
| Operating profit (loss)9901 | €22,259 | €26,155 | -€69,119 | ▼ 364% |
| Recurring financial income75 | €1 | €5 | - | - |
| Recurring financial charges65 | €16,785 | €18,671 | €11,685 | ▼ 37.4% |
| Profit (loss) for the period before taxes9903 | €5,475 | €7,489 | -€75,951 | ▼ 1,114% |
| Income taxes67/77 | €81 | - | - | - |
| Profit (loss) for the period9904 | €5,394 | €7,489 | -€75,951 | ▼ 1,114% |
| Profit (loss) for the period to be appropriated9905 | €5,394 | €7,489 | -€75,951 | ▼ 1,114% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €966,731 | €1.2m | €970,020 | ▼ 17.2% |
| Formation expenses20 | - | - | €35,717 | - |
| Fixed assets21/28 | €564,089 | €594,168 | €333,056 | ▼ 43.9% |
| Tangible fixed assets22/27 | €560,033 | €590,112 | €329,000 | ▼ 44.2% |
| Financial fixed assets28 | €4,056 | €4,056 | €4,056 | = |
| Current assets29/58 | €402,642 | €577,145 | €601,247 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €182,972 | €367,030 | €158,368 | ▼ 56.9% |
| Cash at bank and in hand54/58 | €37,811 | €53,836 | €59,914 | ▲ 11.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €966,731 | €1.2m | €970,020 | ▼ 17.2% |
| Equity10/15 | €241,935 | €249,424 | €77,333 | ▼ 69.0% |
| Contributions10/11 | €34,705 | €34,705 | - | - |
| Reserves13 | €207,230 | €207,230 | €130,352 | ▼ 37.1% |
| Profit (loss) carried forward14 | - | €7,489 | -€74,849 | ▼ 1,099% |
| Amounts payable17/49 | €724,796 | €921,889 | €892,687 | ▼ 3.2% |
| Amounts payable after more than one year17 | €297,855 | €312,417 | €126,209 | ▼ 59.6% |
| Amounts payable within one year42/48 | €426,941 | €609,472 | €766,478 | ▲ 25.8% |
| Trade debts44 | €41,359 | €74,110 | €65,371 | ▼ 11.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,394 | €7,489 | -€75,951 | ▼ 1,114% |
| + Depreciation and write-downs630 | €177,827 | €155,182 | €138,122 | ▼ 11.0% |
| Operating cash flow (approximation) | €183,221 | €162,671 | €62,171 | ▼ 61.8% |
| Investment in fixed assets (approximation) | - | -€185,261 | €122,990 | ▲ 166% |
| Change in cash | - | €16,025 | €6,078 | ▼ 62.1% |
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
2023
05-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-03-2023
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet -€75,951
Net result drops to -€75,951, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Highest result since 2018net €7,489 ▲38.8%
Operating result €26,155, net result €7,489, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 31 days late
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-Truiden · 1 establishment unit since 1983
Ground area
148 m²
Building footprint
68 m²
Volume, LiDAR
661 m³
Parcel 71053H1265/00B002, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DE WITTE MEREL
since 19832.022.157.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H1265/00B002 | Flanders | 148 m² | 1 · 68 m² | 13.1 m · 3 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 | RONNY MAES PRINS BISSCHOPSINGEL 11,
3500 HASSELT |
30-03-2023 → present |
| Curator | KRISTOF KROL PRINS
BISSCHOPSSINGEL 11, 3500 HASSELT |
30-03-2023 → present |
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Of 6,972 companies in sector 49320 we hold annual accounts for 2,715. 2,013 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
Founded30-03-1983
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
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.