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E & Z PROCARS

Open bankruptcy
Private limited companyfounded 2017Gentseweg(BEV) 496, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0680.881.701

A bankruptcy procedure is open for E & Z PROCARS according to publications in the Belgian State Gazette; curator: JOHAN BOGAERT.

Summary

The 2023 annual accounts show equity of €12,384 and a net result of -€10,308.

E & Z PROCARSOpen 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 Ghent, Dendermonde division
Declared bankrupt
1 April 2025
Supervising judge
Peter Jans
Official Gazette
08-04-2025 (pdf) ↗search the document for 2025/114775

Deadlines

Provisional date payments stopped
1 November 2024Moved back by judgment of 13 June 2025. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 23 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 1 May 2025art. XX.104 and XX.155 CEL
First verification report
passed on 9 May 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
passed on 1 April 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Johan BogaertSchoolstraat 15, 9200 Dender- Mondebogaert.j@telenet.be

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.

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

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
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

E & Z PROCARS was incorporated on 11 September 2017.1 Revenue grew from EUR 20,127 in 2019 to EUR 1.4 million in 2023.2 On 1 April 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 08-04-2025

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Turnover
€1.4m▲ 45.9%
2022 · €942,032
EBIT margin
-0.6%▼ 1.5pp
2022 · 0.9%
Net result
-€10,308
2022 · €7,405
Working capital
-€3,595
2022 · €285
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€20,127-€35,085▲ 74.3%€27,329▼ 22.1%€942,032▲ 3,347%€1.4m▲ 45.9%
Operating result-€6,271-€20,254-€6,846€8,187-€8,135
Net result-€6,484-€20,094-€6,934€7,405-€10,308
EBIT margin-31.2%-57.7%▲ 88.9pp-25.0%▼ 82.8pp0.9%▲ 25.9pp-0.6%▼ 1.5pp
Equity€6,092-€26,186▲ 330%€15,287▼ 41.6%€22,692▲ 48.4%€12,384▼ 45.4%
Total assets€9,442-€64,511▲ 583%€54,809▼ 15.0%€130,686▲ 138%€50,334▼ 61.5%
Debt€3,350-€38,324▲ 1,044%€39,522▲ 3.1%€107,994▲ 173%€37,949▼ 64.9%
Working capital€5,275-€12,489▲ 137%-€512€285-€3,595
Staff (FTE)0.11▲ 900%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Turnover +3,347% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2019: -€6,271-€6,271Net result 2019: -€6,484-€6,484Operating result 2020: €20,254€20,254Net result 2020: €20,094€20,094Operating result 2021: -€6,846-€6,846Net result 2021: -€6,934-€6,934Operating result 2022: €8,187€8,187Net result 2022: €7,405€7,405Operating result 2023: -€8,135-€8,135Net result 2023: -€10,308-€10,30820192020202120222023-€15,000-€10,000-€5,000€0€5,000€10,000Operating result 2021: -€6,846-€6,850Net result 2021: -€6,934-€6,930Operating result 2022: €8,187€8,190Net result 2022: €7,405€7,400Operating result 2023: -€8,135-€8,140Net result 2023: -€10,308-€10,300202120222023
The operating result turns negative in 2023: a loss of €8,135 after €8,187 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €50,334
Fixed assets €19,857 ▼ 48.6%
Current assets €30,477 ▼ 66.9%
Equity and liabilities €50,334
Equity €12,384 ▼ 45.4%
Debt €37,949 ▼ 64.9%
Debt's share of the balance-sheet total falls from 82.6% to 75.4%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€5,993▼
2022 · €10,329
Cash flow
-€8,166▼
2022 · €9,547
Current ratio
0.89▼
2022 · 1.00
Quick ratio
0.11▼
2022 · 0.34
Debt to equity
3.06▼
2022 · 4.76
ROE
-83.2%▼
2022 · 32.6%
ROA
-20.5%▼
2022 · 5.7%
Interest coverage
-2.76▼
2022 · 13.20
Debt ≤ 1 year
€34,072▼
2022 · €91,744
Staff costs
€27,582▲
2022 · €2,786
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 · 52 lines
Balance sheet Code20222023
Assets
Total assets20/58€130,686€50,334▼
Fixed assets21/28€38,657€19,857▼
Tangible fixed assets22/27€13,657€11,515▼
Land and buildings22€10,632€9,303▼
Plant, machinery and equipment23€3,025€2,212▼
Financial fixed assets28€25,000€8,342▼
Current assets29/58€92,029€30,477▼
Stocks and contracts in progress3€60,990€26,875▼
Stocks30/36€60,990€26,875▼
Amounts receivable within one year40/41€22,878€407▼
Trade receivables40€2,364€0▼
Other amounts receivable41€20,514€407▼
Cash at bank and in hand54/58€6,877€1,574▼
Deferred charges and accrued income490/1€1,284€1,621▲
Equity and liabilities
Total equity and liabilities10/49€130,686€50,334▼
Equity10/15€22,692€12,384▼
Contributions10/11€18,600€18,600=
Reserves13€4,092€4,092=
Distributable reserves133€4,092€4,092=
Profit (loss) carried forward14€0-€10,308▼
Amounts payable17/49€107,994€37,949▼
Amounts payable after more than one year17€16,250-
Financial debts170/4€16,250-
Amounts payable within one year42/48€91,744€34,072▼
Current portion of amounts payable after more than one year42€5,000€15,417▲
Trade debts44€47,708€9,630▼
Suppliers440/4€47,708€9,630▼
Advances received on contracts in progress46-€3,649
Taxes, remuneration and social security45€9,639€5,376▼
Taxes450/3€9,639€1,308▼
Remuneration and social security454/9-€4,068
Other amounts payable47/48€29,397-
Accrued charges and deferred income492/3-€3,877
Income statement Code20222023
Turnover70€942,032€1.4m▲
Goods, raw materials, services and sundry goods60/61€886,185€1.4m▲
Remuneration, social security and pensions62€2,786€27,582▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,142€2,142=
Other operating charges640/8€3,162€2,407▼
Gross operating margin9900€16,277€23,996▲
Operating profit (loss)9901€8,187-€8,135▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€782€2,173▲
Recurring financial charges65€782€2,173▲
Profit (loss) for the period before taxes9903€7,405-€10,308▼
Profit (loss) for the period9904€7,405-€10,308▼
Profit (loss) for the period to be appropriated9905€7,405-€10,308▼
Appropriation of the result
Profit (loss) to be appropriated9906€471-€10,308▼
Profit (loss) brought forward from the previous period14P-€6,934-
Transfer to equity691/2€471-
To other reserves6921€471-
Social balance
Average headcount (FTE)90870.11.0▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€20,127€35,085€27,329€942,032€1.4m▲ 45.9%
Goods, raw materials, services and sundry goods60/61--€24,668€886,185€1.4m▲ 52.4%
Remuneration, social security and pensions62---€2,786€27,582▲ 890%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410€410€1,963€2,142€2,142=
Other operating charges640/8--€1,332€3,162€2,407▼ 23.9%
Gross operating margin9900€11,164€22,254-€3,551€16,277€23,996▲ 47.4%
Operating profit (loss)9901-€6,271€20,254-€6,846€8,187-€8,135▼ 199%
Financial income75/76B--€1€0€0▼ 100%
Recurring financial income75--€1€0€0▼ 100%
Financial charges65/66B--€89€782€2,173▲ 178%
Recurring financial charges65€213€160€89€782€2,173▲ 178%
Profit (loss) for the period before taxes9903-€6,484€20,094-€6,934€7,405-€10,308▼ 239%
Profit (loss) for the period9904-€6,484€20,094-€6,934€7,405-€10,308▼ 239%
Profit (loss) for the period to be appropriated9905-€6,484€20,094-€6,934€7,405-€10,308▼ 239%
Line20192020202120222023Change
Assets
Total assets20/58€9,442€64,511€54,809€130,686€50,334▼ 61.5%
Formation expenses20€817€407€0---
Fixed assets21/28-€13,290€15,799€38,657€19,857▼ 48.6%
Intangible fixed assets21--€0---
Tangible fixed assets22/27-€13,290€15,799€13,657€11,515▼ 15.7%
Land and buildings22--€11,961€10,632€9,303▼ 12.5%
Plant, machinery and equipment23--€3,838€3,025€2,212▼ 26.9%
Financial fixed assets28---€25,000€8,342▼ 66.6%
Current assets29/58€8,625€50,813€39,010€92,029€30,477▼ 66.9%
Stocks and contracts in progress3€1,200€20,700€16,500€60,990€26,875▼ 55.9%
Stocks30/36--€16,500€60,990€26,875▼ 55.9%
Amounts receivable within one year40/41€6,210€28,368€3,377€22,878€407▼ 98.2%
Trade receivables40---€2,364€0▼ 100%
Other amounts receivable41--€3,377€20,514€407▼ 98.0%
Current investments50/53€106-----
Cash at bank and in hand54/58-€33€19,053€6,877€1,574▼ 77.1%
Deferred charges and accrued income490/1--€81€1,284€1,621▲ 26.2%
Equity and liabilities
Total equity and liabilities10/49€9,442€64,511€54,809€130,686€50,334▼ 61.5%
Equity10/15€6,092€26,186€15,287€22,692€12,384▼ 45.4%
Contributions10/11€18,600-€18,600€18,600€18,600=
Reserves13-€7,586€3,621€4,092€4,092=
Distributable reserves133--€3,621€4,092€4,092=
Profit (loss) carried forward14-€12,508-€6,024-€6,934€0-€10,308-
Amounts payable17/49€3,350€38,324€39,522€107,994€37,949▼ 64.9%
Amounts payable after more than one year17---€16,250--
Financial debts170/4---€16,250--
Amounts payable within one year42/48€3,350€38,324€39,522€91,744€34,072▼ 62.9%
Current portion of amounts payable after more than one year42---€5,000€15,417▲ 208%
Trade debts44€3,143€18,645€1,213€47,708€9,630▼ 79.8%
Suppliers440/4--€1,213€47,708€9,630▼ 79.8%
Advances received on contracts in progress46----€3,649-
Taxes, remuneration and social security45--€746€9,639€5,376▼ 44.2%
Taxes450/3--€746€9,639€1,308▼ 86.4%
Remuneration and social security454/9----€4,068-
Other amounts payable47/48--€37,562€29,397--
Accrued charges and deferred income492/3----€3,877-
Line20192020202120222023Change
Profit (loss) for the period9904-€6,484€20,094-€6,934€7,405-€10,308▼ 239%
+ Depreciation and write-downs630€410€410€1,963€2,142€2,142=
Operating cash flow (approximation)-€6,074€20,504-€4,971€9,547-€8,166▼ 186%
Investment in fixed assets (approximation)---€4,472-€25,000€16,658▲ 167%
Change in cash--€19,020-€12,175-€5,303▲ 56.4%

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
23-01
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 19-01-2026
2025
19-06
Bankruptcy Date of cessation of payments moved back
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-06-2025
08-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 01-04-2025
30-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 242 days late
2023
31-12
Financial Weakest financial yearnet -€10,308
Net result drops to -€10,308, the lowest in the series.
31-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial Back to profitnet €7,405
Net result €7,405 after one loss-making year.
08-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €20,094
Net result €20,094 after one loss-making year.
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht
exact location from the address register On OpenStreetMap
Ground area
2,301 m²
Building footprint
323 m²
Volume, LiDAR
1,881 m³
Parcel 46503C1208/00P000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46503C1208/00P000 Flanders 2,301 m² 1 · 323 m² 9.7 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

1 mandate
Role Name Tenure
Curator JOHAN BOGAERT
Schoolstraat 15, 9200 Dender- Monde
01-04-2025 → present

Company details

Identification
Legal formPrivate limited company
Founded11-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
95316Washing and cleaning of motor vehicles
47260Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
53200Other postal and courier activities
56210Event catering
96999Other personal 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 30 September 2026 · Peppol Directory

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