DESA GROUP
Open bankruptcySummary
A bankruptcy procedure is open for DESA GROUP according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €603 and a net result of -€13,221.
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
- 9 October 2025
- Official Gazette
- 15-10-2025 (pdf) ↗search the document for 2025/141734
Deadlines
- Provisional date payments stopped
- 9 October 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 30 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 November 2025Goods 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
- 9 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Kristien HanssenDieplaan 57, 3600 Genkk.hanssen@hanssenpaquet.be
- Tanguy PaquetDieplaan 57, 3600 Genkt.paquet@hanssenpaquet.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 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
26 d late
2022
179 d late
2021
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 63 days after 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 clothing, excluding workwear and underwear sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€603▼ 95.6%
2022 · €13,824
Total assets
€3.4m▼ 0.4%
2022 · €3.5m
Net result
-€13,221
2022 · €339
Working capital
€603▼ 95.6%
2022 · €13,824
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
Line202120222023
Operating result€14,402-€1,872▼ 87.0%-€10,990
Net result€11,485within the sector's middle half-€339within the sector's middle half▼ 97.0%-€13,221below the sector's middle half
Equity€13,485within the sector's middle half-€13,824within the sector's middle half▲ 2.5%€603below the sector's middle half▼ 95.6%
Total assets€992,663above the sector's middle half-€3.5mabove the sector's middle half▲ 248%€3.4mabove the sector's middle half▼ 0.4%
Debt€979,178-€3.4m▲ 252%€3.4m=
Working capital€13,485within the sector's middle half-€13,824within the sector's middle half▲ 2.5%€603within the sector's middle half▼ 95.6%
Solvency1.4%below the sector's middle half-0.4%below the sector's middle half▼ 1.0pp0.0%below the sector's middle half▼ 0.4pp
Current ratio1.01within the sector's middle half-1.00within the sector's middle half▼ 0.011.00within the sector's middle half=
Return on assets (ROA)1.2%within the sector's middle half-0.0%within the sector's middle half▼ 1.1pp-0.4%within the sector's middle half▼ 0.4pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €10,990 after €1,872 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €3.4m
Equity
€603 ▼ 95.6%
Debt
€3.4m =
Debt's share of the balance-sheet total rises from 99.6% to 100.0%. Equity is lower.
Key figures and ratios
Debt ≤ 1 year
€3.4m=
2022 · €3.4m
Equity ratios withheld: equity of €603 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €695 | €467 | €459 | ▼ 1.8% |
| Gross operating margin9900 | €15,097 | €2,339 | -€10,531 | ▼ 550% |
| Operating profit (loss)9901 | €14,402 | €1,872 | -€10,990 | ▼ 687% |
| Financial income75/76B | €0 | - | €58 | - |
| Recurring financial income75 | €0 | - | €58 | - |
| Financial charges65/66B | €14 | €920 | €2,289 | ▲ 149% |
| Recurring financial charges65 | €14 | €920 | €2,289 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €14,388 | €952 | -€13,221 | ▼ 1,489% |
| Income taxes67/77 | €2,903 | €613 | - | - |
| Profit (loss) for the period9904 | €11,485 | €339 | -€13,221 | ▼ 4,002% |
| Profit (loss) for the period to be appropriated9905 | €11,485 | €339 | -€13,221 | ▼ 4,002% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €992,663 | €3.5m | €3.4m | ▼ 0.4% |
| Current assets29/58 | €992,663 | €3.5m | €3.4m | ▼ 0.4% |
| Amounts receivable within one year40/41 | €988,508 | €3.5m | €3.4m | ▼ 0.3% |
| Trade receivables40 | €955,908 | €3.5m | €3.4m | ▼ 0.3% |
| Other amounts receivable41 | €32,600 | €475 | €139 | ▼ 70.8% |
| Cash at bank and in hand54/58 | €4,155 | €3,195 | €340 | ▼ 89.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €992,663 | €3.5m | €3.4m | ▼ 0.4% |
| Equity10/15 | €13,485 | €13,824 | €603 | ▼ 95.6% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €11,485 | €11,824 | - | - |
| Distributable reserves133 | €11,485 | €11,824 | - | - |
| Profit (loss) carried forward14 | - | - | -€1,397 | - |
| Amounts payable17/49 | €979,178 | €3.4m | €3.4m | = |
| Amounts payable within one year42/48 | €979,178 | €3.4m | €3.4m | = |
| Trade debts44 | €935,067 | €3.4m | €3.4m | = |
| Suppliers440/4 | €935,067 | €3.4m | €3.4m | = |
| Taxes, remuneration and social security45 | €2,903 | €3,516 | €613 | ▼ 82.6% |
| Taxes450/3 | €2,903 | €3,516 | €613 | ▼ 82.6% |
| Other amounts payable47/48 | €41,208 | €19,608 | €22,481 | ▲ 14.7% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,485 | €339 | -€13,221 | ▼ 4,002% |
| Operating cash flow (approximation) | €11,485 | €339 | -€13,221 | ▼ 4,002% |
| Change in cash | - | -€959 | -€2,855 | ▼ 198% |
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
2025
15-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 09-10-2025
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 179 days late
2023
31-12
Financial
Weakest financial yearnet -€13,221
Net result drops to -€13,221, the lowest in the series.
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Genk · 1 establishment unit since 2020
Ground area
426 m²
Building footprint
424 m²
Volume, LiDAR
8,196 m³
Parcel 71016I0322/00E002, Flanders · tallest building 23.6 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
DESA GROUP
since 20202.311.451.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I0322/00E002 | Flanders | 426 m² | 1 · 424 m² | 23.6 m · 7 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- |
09-10-2025 → present |
| Curator | TANGUY PAQUET DIEPLAAN 57,
3600 GENK |
09-10-2025 → present |
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Of 1,307 companies in sector 46423 we hold annual accounts for 810. 54 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
Founded29-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
13990Manufacture of textiles
14210Manufacture of outerwear
46412Wholesale of household textiles and bedding
47711Retail sale of women's outerwear
47714Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
70200Business and other management consultancy
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.