Eti-Machine
Open bankruptcyA bankruptcy procedure is open for Eti-Machine according to publications in the Belgian State Gazette; curator: HANS UBBEN.
Summary
The 2023 annual accounts show negative equity (-€2,354) and a net result of -€638.
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
- 31 October 2024
- Supervising judge
- Michel Cuypers
- Official Gazette
- 20-11-2024 (pdf) ↗search the document for 2024/144493
Curator
- Hans UbbenPlantinkaai 24, 2000 Antwerpen 1hu@confidenz.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.
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 ↗
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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
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 30-07-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
1 d early
2022
120 d late
2021
1 d early
2020
5 d early
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 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 Are there other customers at risk in your own list?Debtor check How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€2,354▼ 37.2%
2022 · -€1,716
Total assets
€13,160▼ 25.7%
2022 · €17,704
Net result
-€638▲ 86.9%
2022 · -€4,870
Working capital
-€3,542▲ 17.4%
2022 · -€4,287
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
Line20192020202120222023
Operating result-€10,152▼ 58.5%€220-€3,449-€3,443▲ 0.2%€538
Net result-€11,286▼ 57.5%-€757▲ 93.3%-€4,727▼ 524%-€4,870▼ 3.0%-€638▲ 86.9%
Equity€8,638▼ 56.6%€7,881▼ 8.8%€3,154▼ 60.0%-€1,716-€2,354▼ 37.2%
Total assets€21,343▼ 27.6%€18,716▼ 12.3%€20,857▲ 11.4%€17,704▼ 15.1%€13,160▼ 25.7%
Debt€12,705▲ 33.0%€10,835▼ 14.7%€17,703▲ 63.4%€19,420▲ 9.7%€15,514▼ 20.1%
Working capital€2,470▼ 78.3%€2,974▲ 20.4%-€801-€4,287▼ 435%-€3,542▲ 17.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €538 after a loss of €3,443 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €13,160
Fixed assets
€1,188 ▼ 53.8%
Current assets
€11,972 ▼ 20.9%
Key figures and ratios
EBITDA
€1,921▲
2022 · -€2,059
Cash flow
€745▲
2022 · -€3,486
Solvency
-17.9%▼
2022 · -9.7%
Current ratio
0.77▼
2022 · 0.78
Quick ratio
0.09▼
2022 · 0.23
Debt to equity
-6.59▲
2022 · -11.32
ROA
-4.8%▲
2022 · -27.5%
Interest coverage
1.63▲
2022 · -1.44
Debt ≤ 1 year
€15,514▼
2022 · €19,420
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,373 | €1,261 | €1,322 | €1,384 | €1,383 | ▼ 0.1% |
| Other operating charges640/8 | - | - | €798 | €649 | €493 | ▼ 24.0% |
| Gross operating margin9900 | -€7,046 | €1,878 | -€1,329 | -€1,410 | €2,414 | ▲ 271% |
| Operating profit (loss)9901 | -€10,152 | €220 | -€3,449 | -€3,443 | €538 | ▲ 116% |
| Recurring financial income75 | €15 | €56 | - | - | - | - |
| Financial charges65/66B | - | - | €1,278 | €1,427 | €1,176 | ▼ 17.6% |
| Recurring financial charges65 | €1,149 | €1,033 | €1,278 | €1,427 | €1,176 | ▼ 17.6% |
| Profit (loss) for the period before taxes9903 | -€11,286 | -€757 | -€4,727 | -€4,870 | -€638 | ▲ 86.9% |
| Profit (loss) for the period9904 | -€11,286 | -€757 | -€4,727 | -€4,870 | -€638 | ▲ 86.9% |
| Profit (loss) for the period to be appropriated9905 | -€11,286 | -€757 | -€4,727 | -€4,870 | -€638 | ▲ 86.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,343 | €18,716 | €20,857 | €17,704 | €13,160 | ▼ 25.7% |
| Fixed assets21/28 | €6,168 | €4,907 | €3,955 | €2,571 | €1,188 | ▼ 53.8% |
| Tangible fixed assets22/27 | €5,043 | €3,782 | €2,830 | €1,446 | €63 | ▼ 95.6% |
| Plant, machinery and equipment23 | - | - | €2,830 | €1,446 | €63 | ▼ 95.6% |
| Financial fixed assets28 | €1,125 | €1,125 | €1,125 | €1,125 | €1,125 | = |
| Current assets29/58 | €15,175 | €13,809 | €16,902 | €15,133 | €11,972 | ▼ 20.9% |
| Stocks and contracts in progress3 | €8,990 | €9,046 | €14,106 | €10,741 | €10,647 | ▼ 0.9% |
| Stocks30/36 | - | - | €14,106 | €10,741 | €10,647 | ▼ 0.9% |
| Amounts receivable within one year40/41 | €5,843 | €4,272 | €2,036 | €4,378 | €1,139 | ▼ 74.0% |
| Trade receivables40 | - | - | €1,216 | €4,378 | €812 | ▼ 81.5% |
| Other amounts receivable41 | - | - | €820 | - | €327 | - |
| Cash at bank and in hand54/58 | €342 | €491 | €760 | €14 | €186 | ▲ 1,229% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,343 | €18,716 | €20,857 | €17,704 | €13,160 | ▼ 25.7% |
| Equity10/15 | €8,638 | €7,881 | €3,154 | -€1,716 | -€2,354 | ▼ 37.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€11,813 | -€12,570 | -€17,297 | -€22,167 | -€22,805 | ▼ 2.9% |
| Amounts payable17/49 | €12,705 | €10,835 | €17,703 | €19,420 | €15,514 | ▼ 20.1% |
| Amounts payable within one year42/48 | €12,705 | €10,835 | €17,703 | €19,420 | €15,514 | ▼ 20.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €6,400 | - |
| Financial debts43 | - | - | €13,810 | €16,192 | €8,550 | ▼ 47.2% |
| Credit institutions430/8 | - | - | €8,810 | €8,792 | - | - |
| Other loans439 | - | - | €5,000 | €7,400 | €8,550 | ▲ 15.5% |
| Trade debts44 | €4,443 | €3,154 | €3,893 | €3,098 | €564 | ▼ 81.8% |
| Suppliers440/4 | - | - | €3,893 | €3,098 | €564 | ▼ 81.8% |
| Taxes, remuneration and social security45 | - | - | - | €130 | - | - |
| Taxes450/3 | - | - | - | €130 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,286 | -€757 | -€4,727 | -€4,870 | -€638 | ▲ 86.9% |
| + Depreciation and write-downs630 | €2,373 | €1,261 | €1,322 | €1,384 | €1,383 | ▼ 0.1% |
| Operating cash flow (approximation) | -€8,913 | €504 | -€3,405 | -€3,486 | €745 | ▲ 121% |
| Investment in fixed assets (approximation) | - | €0 | -€370 | €0 | €0 | - |
| Change in cash | - | €149 | €269 | -€746 | €172 | ▲ 123% |
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
2024
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-10-2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet -€11,286
Net result drops to -€11,286, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
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 1960
Ground area
2,597 m²
Building footprint
1,222 m²
Volume, LiDAR
7,148 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boekstraat 77A, 2610 Antwerpen
since 19602.006.076.794
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0341/00B003 | Flanders | 1,352 m² | 1 · 934 m² | 6.5 m · 2 fl. |
| 11383B0475/00E009 | Flanders | 1,246 m² | 1 · 288 m² | 10.5 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | HANS UBBEN PLANTINKAAI 24, 2000 ANTWERPEN 1- |
31-10-2024 → present |
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Of 332 companies in sector 46492 we hold annual accounts for 239. 34 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 (pre-2019)
Founded24-05-1960
Fiscal year end31-12
Activities, NACEBEL 2025
46492Wholesale trade
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.