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EFRAM

Open bankruptcy
Private limited company (pre-2019)founded 2006KBO/BCE: BE 0881.520.855
Summary

A bankruptcy procedure is open for EFRAM according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €20,460 and a net result of €6,219.

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, Antwerp division
Declared bankrupt
20 January 2022
Supervising judge
Sonja Stuer
Official Gazette
02-02-2022 (pdf) ↗search the document for 2022/103360

Curator

  • Marc TheunissenTurnhoutsebaan 315, 2100 Deurne (Antwerpen)marc.theunissen@mtheunissen.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.

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 · Filed after the deadline
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 25-02-2019, 25 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 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 24 May 2006, EFRAM was incorporated.1 Total assets went from EUR 85,107 in 2014 to EUR 36,065 in 2018.2 The company was declared bankrupt on 20 January 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2014 and 2018
  3. 3Belgian State Gazette, 02-02-2022

Go further with this company

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

Financials · fiscal year 2018, micro schema

Equity
€20,460▼ 28.2%
2017 · €28,513
Total assets
€36,065▼ 16.5%
2017 · €43,191
Net result
€6,219▼ 6.7%
2017 · €6,663
Working capital
€21,160▼ 27.0%
2017 · €28,998
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
Line20142015201620172018
Operating result-€26,176--€34,949▼ 33.5%-€8,045▲ 77.0%€9,871€3,185▼ 67.7%
Net result-€29,950--€30,845▼ 3.0%-€7,952▲ 74.2%€6,663€6,219▼ 6.7%
Equity€69,646-€38,802▼ 44.3%€21,850▼ 43.7%€28,513▲ 30.5%€20,460▼ 28.2%
Total assets€85,107-€47,246▼ 44.5%€32,749▼ 30.7%€43,191▲ 31.9%€36,065▼ 16.5%
Debt€15,461-€8,444▼ 45.4%€10,899▲ 29.1%€14,677▲ 34.7%€15,605▲ 6.3%
Working capital€48,677-€34,237▼ 29.7%€21,617▼ 36.9%€28,998▲ 34.1%€21,160▼ 27.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2014: -€26,176-€26,176Net result 2014: -€29,950-€29,950Operating result 2015: -€34,949-€34,949Net result 2015: -€30,845-€30,845Operating result 2016: -€8,045-€8,045Net result 2016: -€7,952-€7,952Operating result 2017: €9,871€9,871Net result 2017: €6,663€6,663Operating result 2018: €3,185€3,185Net result 2018: €6,219€6,21920142015201620172018-€10,000-€5,000€0€5,000€10,000Operating result 2016: -€8,045-€8,050Net result 2016: -€7,952-€7,950Operating result 2017: €9,871€9,870Net result 2017: €6,663€6,660Operating result 2018: €3,185€3,180Net result 2018: €6,219€6,220201620172018
The operating result falls in 2018; 2018 is 68% below 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Equity and liabilities €36,065
Equity €20,460 ▼ 28.2%
Debt €15,605 ▲ 6.3%
Debt's share of the balance-sheet total rises from 34.0% to 43.3%. Equity is lower and debt is higher.
Key figures and ratios
2018 value · change against 2017
Current ratio
2.42▼
2017 · 3.07
ROE
30.4%▲
2017 · 23.4%
ROA
17.2%▲
2017 · 15.4%
Debt ≤ 1 year
€14,905▲
2017 · €13,977
Income taxes
€427▼
2017 · €680
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 · 2018 against 2017 · 25 lines
Balance sheet Code20172018
Assets
Total assets20/58€43,191€36,065▼
Fixed assets21/28€216-
Tangible fixed assets22/27€216-
Current assets29/58€42,975€36,065▼
Amounts receivable within one year40/41€7,630€1,061▼
Current investments50/53€11,415-
Cash at bank and in hand54/58€23,929€35,005▲
Equity and liabilities
Total equity and liabilities10/49€43,191€36,065▼
Equity10/15€28,513€20,460▼
Contributions10/11€18,600€18,600=
Reserves13€9,913€1,860▼
Profit (loss) carried forward14-€60,795€253▲
Amounts payable17/49€14,677€15,605▲
Amounts payable within one year42/48€13,977€14,905▲
Trade debts44€2,413€2,396▼
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€717-
Gross operating margin9900€11,705€5,397▼
Operating profit (loss)9901€9,871€3,185▼
Recurring financial income75€2,074€4,145▲
Recurring financial charges65€4,602€683▼
Profit (loss) for the period before taxes9903€7,343€6,647▼
Income taxes67/77€680€427▼
Profit (loss) for the period9904€6,663€6,219▼
Profit (loss) for the period to be appropriated9905€6,663€6,219▼
Appropriation of the result
Return on contributions (dividend)694-€14,273
Line20142015201620172018Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,487€15,239€5,498€717--
Gross operating margin9900€610-€16,287€195€11,705€5,397▼ 53.9%
Operating profit (loss)9901-€26,176-€34,949-€8,045€9,871€3,185▼ 67.7%
Recurring financial income75€7,897€6,460€6,114€2,074€4,145▲ 99.8%
Recurring financial charges65€10,932€1,509€5,513€4,602€683▼ 85.2%
Profit (loss) for the period before taxes9903-€29,211-€29,998-€7,444€7,343€6,647▼ 9.5%
Income taxes67/77€739€847€507€680€427▼ 37.1%
Profit (loss) for the period9904-€29,950-€30,845-€7,952€6,663€6,219▼ 6.7%
Profit (loss) for the period to be appropriated9905-€29,950-€30,845-€7,952€6,663€6,219▼ 6.7%
Line20142015201620172018Change
Assets
Total assets20/58€85,107€47,246€32,749€43,191€36,065▼ 16.5%
Fixed assets21/28€21,669€6,431€933€216--
Tangible fixed assets22/27€21,669€6,431€933€216--
Current assets29/58€63,438€40,815€31,816€42,975€36,065▼ 16.1%
Amounts receivable within one year40/41€305€2,844€11,394€7,630€1,061▼ 86.1%
Current investments50/53€54,754€34,762€17,309€11,415--
Cash at bank and in hand54/58€8,379€3,209€3,113€23,929€35,005▲ 46.3%
Equity and liabilities
Total equity and liabilities10/49€85,107€47,246€32,749€43,191€36,065▼ 16.5%
Equity10/15€69,646€38,802€21,850€28,513€20,460▼ 28.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€80,996€80,997€2,997€9,913€1,860▼ 81.2%
Profit (loss) carried forward14-€29,950-€60,795€253-€60,795€253▲ 100%
Amounts payable17/49€15,461€8,444€10,899€14,677€15,605▲ 6.3%
Amounts payable within one year42/48€14,761€6,578€10,199€13,977€14,905▲ 6.6%
Trade debts44€4,702€5,072€6,818€2,413€2,396▼ 0.7%
Line20142015201620172018Change
Profit (loss) for the period9904-€29,950-€30,845-€7,952€6,663€6,219▼ 6.7%
+ Depreciation and write-downs630€23,487€15,239€5,498€717--
Operating cash flow (approximation)-€6,463-€15,606-€2,454€7,381€6,219▼ 15.7%
Investment in fixed assets (approximation)--€0€0€0--
Change in cash--€5,170-€96€20,816€11,075▼ 46.8%

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

2022
02-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-01-2022
2019
03-12
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-11-2019
18-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-10-2019
25-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
02-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
Financial Back to profitnet €6,663
Net result €6,663 after 3 loss-making years.
2016
29-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
05-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
Financial Weakest financial yearnet -€30,845
Net result drops to -€30,845, the lowest in the series.
02-01
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
17-01
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
14-01
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
Show earlier events
2011
28-12
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
14-01
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
08-01
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
2,355 m²
Building footprint
242 m²
Volume, LiDAR
3,018 m³
2 parcels, Flanders · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
EFRAM
Sint-Bernardsesteenweg 1079, 2660 AntwerpenNACE 51871
since 20062.158.048.278
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3630/00M002
ProtectedMonumentLiberaal Volkshuis Help U Zelve: gevels en bedakingSource ↗
Flanders 1,639 m² 1 · 131 m² 20.3 m · 6 fl.
11382C0665/00M000 Flanders 717 m² 1 · 111 m² 10.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MARC THEUNISSEN
TURNHOUTSEBAAN 315, 2100 DEURNE (ANTWERPEN)
20-01-2022 → present
Curator DAVID ANNé
VAN IMMERSEELSTRAAT 66, 2018 ANTWERPEN 1
10-10-2019 → 28-11-2019

Recognitions · licences · registrations

Legal Entity Identifier

967600DBIOKDUVNM9E45
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded24-05-2006
Fiscal year end30-06
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 26 September 2026 · Peppol Directory

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