ENGINEERED
Open bankruptcyA bankruptcy procedure is open for ENGINEERED according to publications in the Belgian State Gazette; curator: WERENFRIED SCHWAGTEN.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (-€4,826) and a net result of €20,798.
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
- 9 October 2025
- Supervising judge
- Dirk Van Doorslaer
- Official Gazette
- 15-10-2025 (pdf) ↗search the document for 2025/141706
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 5 December 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
Curator
- Werenfried SchwagtenPrins Boudewijn- Laan 177-179, 2610 Wilrijk (Antwerpen)w.schwagten@ardent.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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-06-2024, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
35 d early
2022
103 d late
2021
297 d late
← 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 122 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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 Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€4,826▲ 81.2%
2022 · -€25,624
Total assets
€1.8m▼ 23.9%
2022 · €2.4m
Net result
€20,798▼ 59.6%
2022 · €51,433
Working capital
-€84,145▲ 11.5%
2022 · -€95,118
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail 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-€86,618-€48,321€14,099▼ 70.8%
Net result-€87,057below the sector's middle half-€51,433above the sector's middle half€20,798above the sector's middle half▼ 59.6%
Equity-€77,057below the sector's middle half--€25,624below the sector's middle half▲ 66.7%-€4,826below the sector's middle half▲ 81.2%
Total assets€180,368within the sector's middle half-€2.4mabove the sector's middle half▲ 1,243%€1.8mabove the sector's middle half▼ 23.9%
Debt€257,426-€2.4m▲ 851%€1.8m▼ 24.5%
Working capital-€104,571below the sector's middle half--€95,118below the sector's middle half▲ 9.0%-€84,145below the sector's middle half▲ 11.5%
Solvency-42.7%below the sector's middle half--1.1%below the sector's middle half▲ 41.7pp-0.3%below the sector's middle half▲ 0.8pp
Current ratio0.54below the sector's middle half-0.96within the sector's middle half▲ 0.420.95within the sector's middle half▼ 0.01
Return on assets (ROA)-48.3%below the sector's middle half-2.1%within the sector's middle half▲ 50.4pp1.1%within the sector's middle half▼ 1.0pp
Staff (FTE)1.1-1.1=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail 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 falls in 2023; 2023 is 71% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.8m
Fixed assets
€80,188 ▼ 5.5%
Current assets
€1.8m ▼ 24.5%
Key figures and ratios
EBITDA
€34,982▼
2022 · €64,470
Cash flow
€41,681▼
2022 · €67,583
Quick ratio
0.82▼
2022 · 0.90
Interest coverage
16.71▼
2022 · 57.35
Debt ≤ 1 year
€1.8m▼
2022 · €2.4m
Debt > 1 year
€869▼
2022 · €15,371
Income taxes
€720
Staff costs
€63,878▼
2022 · €66,908
A ratio outside any meaningful range has been withheld (balance sheet total €1.8m, equity -€4,826).
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 |
|---|---|---|---|---|
| Non-recurring operating income76A | €19,370 | €0 | - | - |
| Remuneration, social security and pensions62 | €34,780 | €66,908 | €63,878 | ▼ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,693 | €16,150 | €20,883 | ▲ 29.3% |
| Other operating charges640/8 | €4,265 | €3,423 | €9,224 | ▲ 170% |
| Gross operating margin9900 | -€34,879 | €134,801 | €108,084 | ▼ 19.8% |
| Operating profit (loss)9901 | -€86,618 | €48,321 | €14,099 | ▼ 70.8% |
| Financial income75/76B | €485 | €4,237 | €9,512 | ▲ 125% |
| Recurring financial income75 | €485 | €4,237 | €9,512 | ▲ 125% |
| Financial charges65/66B | €925 | €1,124 | €2,093 | ▲ 86.2% |
| Recurring financial charges65 | €925 | €1,124 | €2,093 | ▲ 86.2% |
| Profit (loss) for the period before taxes9903 | -€87,057 | €51,433 | €21,518 | ▼ 58.2% |
| Income taxes67/77 | - | - | €720 | - |
| Profit (loss) for the period9904 | -€87,057 | €51,433 | €20,798 | ▼ 59.6% |
| Profit (loss) for the period to be appropriated9905 | -€87,057 | €51,433 | €20,798 | ▼ 59.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €180,368 | €2.4m | €1.8m | ▼ 23.9% |
| Fixed assets21/28 | €56,810 | €84,865 | €80,188 | ▼ 5.5% |
| Tangible fixed assets22/27 | €52,760 | €80,815 | €76,138 | ▼ 5.8% |
| Plant, machinery and equipment23 | - | €40,434 | €33,422 | ▼ 17.3% |
| Furniture and vehicles24 | €52,760 | €40,381 | €42,716 | ▲ 5.8% |
| Financial fixed assets28 | €4,050 | €4,050 | €4,050 | = |
| Current assets29/58 | €123,559 | €2.3m | €1.8m | ▼ 24.5% |
| Stocks and contracts in progress3 | - | €143,780 | €251,970 | ▲ 75.2% |
| Stocks30/36 | - | €143,780 | €251,970 | ▲ 75.2% |
| Amounts receivable within one year40/41 | €113,184 | €2.2m | €1.5m | ▼ 31.0% |
| Trade receivables40 | €18,515 | €2.0m | €1.3m | ▼ 34.3% |
| Other amounts receivable41 | €94,669 | €148,956 | €168,768 | ▲ 13.3% |
| Cash at bank and in hand54/58 | €10,374 | €19,054 | €11,588 | ▼ 39.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €180,368 | €2.4m | €1.8m | ▼ 23.9% |
| Equity10/15 | -€77,057 | -€25,624 | -€4,826 | ▲ 81.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€87,057 | -€35,624 | -€14,826 | ▲ 58.4% |
| Amounts payable17/49 | €257,426 | €2.4m | €1.8m | ▼ 24.5% |
| Amounts payable after more than one year17 | €29,296 | €15,371 | €869 | ▼ 94.3% |
| Financial debts170/4 | €29,296 | €15,371 | €869 | ▼ 94.3% |
| Amounts payable within one year42/48 | €228,129 | €2.4m | €1.8m | ▼ 24.0% |
| Current portion of amounts payable after more than one year42 | - | €3,481 | €10,340 | ▲ 197% |
| Trade debts44 | €130,601 | €1.6m | €1.2m | ▼ 21.9% |
| Suppliers440/4 | €130,601 | €1.6m | €1.2m | ▼ 21.9% |
| Advances received on contracts in progress46 | €66,592 | €787,888 | €581,845 | ▼ 26.2% |
| Taxes, remuneration and social security45 | €30,936 | €40,057 | €5,868 | ▼ 85.4% |
| Taxes450/3 | €30,936 | €31,928 | €2,986 | ▼ 90.6% |
| Remuneration and social security454/9 | - | €8,129 | €2,882 | ▼ 64.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€87,057 | €51,433 | €20,798 | ▼ 59.6% |
| + Depreciation and write-downs630 | €12,693 | €16,150 | €20,883 | ▲ 29.3% |
| Operating cash flow (approximation) | -€74,364 | €67,583 | €41,681 | ▼ 38.3% |
| Investment in fixed assets (approximation) | - | -€44,204 | -€16,206 | ▲ 63.3% |
| Change in cash | - | €8,680 | -€7,466 | ▼ 186% |
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
2026
26-01
KBO administration
Address struck
event 11-01-2026
2025
15-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-10-2025
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 103 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 297 days late
2022
31-12
Financial
Back to profitnet €51,433
Net result €51,433 after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 2022
Ground area
261 m²
Building footprint
261 m²
Volume, LiDAR
4,112 m³
Parcel 11811L3838/00N000, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
236
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20222.338.043.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3838/00N000 | Flanders | 261 m² | 1 · 261 m² | 22.5 m · 6 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 | WERENFRIED SCHWAGTEN PRINS BOUDEWIJN-
LAAN 177-179, 2610 WILRIJK (ANTWERPEN)- |
09-10-2025 → present |
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Balen
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
73110Advertising agencies
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.