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EUROSHIPYARD

Open bankruptcy
Public limited companyfounded 1996Nieuwe Steenweg 31, 9140 Temse, BelgiumKBO/BCE: BE 0457.841.384
Summary

A bankruptcy procedure is open for EUROSHIPYARD according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €23,913 and a net result of -€16,535.

EUROSHIPYARDOpen 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
12 September 2022
Supervising judge
Guido Henkens
Official Gazette
16-09-2022 (pdf) ↗search the document for 2022/132116

Deadlines

Provisional date payments stopped
12 September 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 1 October 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 October 2022art. XX.104 and XX.155 CEL
First verification report
passed on 21 October 2022Goods 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 12 September 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Pieter WaumanVijfstraten 57, 9100 Sint- Niklaaspieter.wauman@truyensadvocaten.be
  • Lisa HeuninckVijfstraten 57-59, 9100 Sint-Niklaaslisa.heuninck@truyensadvocaten.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

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-07-2022, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2021
5 d early
2020
26 d late
2019
27 d late
2018
23 d late
2017
6 d late
2016
25 d early
2015
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2021 is 3 days before the deadline, and 44% of the sector filed 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 18 April 1996, EUROSHIPYARD was incorporated.1 Total assets went from EUR 242,609 in 2018 to EUR 126,691 in 2021.2 The company was declared bankrupt on 12 September 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 16-09-2022

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
€23,913▼ 40.9%
2020 · €40,448
Total assets
€126,691▼ 9.6%
2020 · €140,073
Net result
-€16,535▲ 29.9%
2020 · -€23,583
Working capital
€23,913▼ 40.9%
2020 · €40,448
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€1,854--€2,879▼ 55.3%-€13,641▼ 374%-€9,182▲ 32.7%
Net result-€12,380--€6,286▲ 49.2%-€23,583below the sector's middle half▼ 275%-€16,535below the sector's middle half▲ 29.9%
Equity€70,317-€64,031▼ 8.9%€40,448below the sector's middle half▼ 36.8%€23,913below the sector's middle half▼ 40.9%
Total assets€242,609-€164,688▼ 32.1%€140,073below the sector's middle half▼ 14.9%€126,691below the sector's middle half▼ 9.6%
Debt€172,292-€100,657▼ 41.6%€99,625▼ 1.0%€102,778▲ 3.2%
Working capital€73,538-€59,708▼ 18.8%€40,448within the sector's middle half▼ 32.3%€23,913within the sector's middle half▼ 40.9%
Solvency29.0%-38.9%▲ 9.9pp28.9%within the sector's middle half▼ 10.0pp18.9%below the sector's middle half▼ 10.0pp
Current ratio1.45-1.59▲ 0.141.41within the sector's middle half▼ 0.191.23within the sector's middle half▼ 0.17
Return on assets (ROA)-5.1%--3.8%▲ 1.3pp-16.8%below the sector's middle half▼ 13.0pp-13.1%below the sector's middle half▲ 3.8pp
above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2018: -€1,854-€1,854Net result 2018: -€12,380-€12,380Operating result 2019: -€2,879-€2,879Net result 2019: -€6,286-€6,286Operating result 2020: -€13,641-€13,641Net result 2020: -€23,583-€23,583Operating result 2021: -€9,182-€9,182Net result 2021: -€16,535-€16,5352018201920202021-€30,000-€20,000-€10,000€0Operating result 2019: -€2,879-€2,880Net result 2019: -€6,286-€6,290Operating result 2020: -€13,641-€13,600Net result 2020: -€23,583-€23,600Operating result 2021: -€9,182-€9,180Net result 2021: -€16,535-€16,500201920202021
The operating result stays negative: a loss of €9,182 in 2021 against €13,641 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €126,691
Equity €23,913 ▼ 40.9%
Debt €102,778 ▲ 3.2%
Debt's share of the balance-sheet total rises from 71.1% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
Debt to equity
4.30
ROE
-69.1%▼
2020 · -58.3%
Debt ≤ 1 year
€102,778▲
2020 · €99,625
Income taxes
€26▼
2020 · €399
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 · 2021 against 2020 · 30 lines
Balance sheet Code20202021
Assets
Total assets20/58€140,073€126,691▼
Current assets29/58€140,073€126,691▼
Amounts receivable within one year40/41€140,073€126,691▼
Trade receivables40-€109,500
Other amounts receivable41-€17,191
Equity and liabilities
Total equity and liabilities10/49€140,073€126,691▼
Equity10/15€40,448€23,913▼
Contributions10/11€123,947€123,947=
Capital10-€123,947
Issued capital100-€123,947
Profit (loss) carried forward14-€83,499-€100,034▼
Amounts payable17/49€99,625€102,778▲
Amounts payable within one year42/48€99,625€102,778▲
Financial debts43-€62,206
Credit institutions430/8-€62,206
Trade debts44€42,381€40,572▼
Suppliers440/4-€40,572
Income statement Code20202021
Other operating charges640/8-€1,485
Gross operating margin9900-€11,856-€7,697▲
Operating profit (loss)9901-€13,641-€9,182▲
Financial income75/76B-€485
Recurring financial income75-€485
Financial charges65/66B-€7,812
Recurring financial charges65€9,543€7,812▼
Profit (loss) for the period before taxes9903-€23,184-€16,509▲
Income taxes67/77€399€26▼
Profit (loss) for the period9904-€23,583-€16,535▲
Profit (loss) for the period to be appropriated9905-€23,583-€16,535▲
Appropriation of the result
Profit (loss) to be appropriated9906--€100,034
Profit (loss) brought forward from the previous period14P--€83,499

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,227€3,501---
Other operating charges640/8---€1,485-
Gross operating margin9900€24,729€9,913-€11,856-€7,697▲ 35.1%
Operating profit (loss)9901-€1,854-€2,879-€13,641-€9,182▲ 32.7%
Financial income75/76B---€485-
Recurring financial income75€130€6,811-€485-
Financial charges65/66B---€7,812-
Recurring financial charges65€10,433€9,968€9,543€7,812▼ 18.1%
Profit (loss) for the period before taxes9903-€12,157-€6,036-€23,184-€16,509▲ 28.8%
Income taxes67/77€223€250€399€26▼ 93.5%
Profit (loss) for the period9904-€12,380-€6,286-€23,583-€16,535▲ 29.9%
Profit (loss) for the period to be appropriated9905-€12,380-€6,286-€23,583-€16,535▲ 29.9%
Line2018201920202021Change
Assets
Total assets20/58€242,609€164,688€140,073€126,691▼ 9.6%
Fixed assets21/28€6,454€4,323---
Tangible fixed assets22/27€6,454€4,323---
Current assets29/58€236,155€160,365€140,073€126,691▼ 9.6%
Amounts receivable within one year40/41€236,155€160,365€140,073€126,691▼ 9.6%
Trade receivables40---€109,500-
Other amounts receivable41---€17,191-
Equity and liabilities
Total equity and liabilities10/49€242,609€164,688€140,073€126,691▼ 9.6%
Equity10/15€70,317€64,031€40,448€23,913▼ 40.9%
Contributions10/11€123,947€123,947€123,947€123,947=
Capital10---€123,947-
Issued capital100---€123,947-
Profit (loss) carried forward14-€53,630-€59,916-€83,499-€100,034▼ 19.8%
Amounts payable17/49€172,292€100,657€99,625€102,778▲ 3.2%
Amounts payable within one year42/48€162,617€100,657€99,625€102,778▲ 3.2%
Financial debts43---€62,206-
Credit institutions430/8---€62,206-
Trade debts44€62,540€47,296€42,381€40,572▼ 4.3%
Suppliers440/4---€40,572-
Line2018201920202021Change
Profit (loss) for the period9904-€12,380-€6,286-€23,583-€16,535▲ 29.9%
+ Depreciation and write-downs630€3,227€3,501---
Operating cash flow (approximation)-€9,153-€2,785-€23,583-€16,535▲ 29.9%
Investment in fixed assets (approximation)--€1,370---

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
16-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 12-09-2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial Weakest financial yearnet -€23,583
Net result drops to -€23,583, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
06-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 6 days late
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
30-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
09-07
NBB filing Annual accounts filed
fiscal year 2012 · 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
2,929 m²
Building footprint
219 m²
Volume, LiDAR
946 m³
Parcel 46008A0727/00D003, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
EUROSHIPYARD NV
Nieuwe Steenweg 31, 9140 TemseManufacture of basic metals
since 19962.076.699.922
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46008A0727/00D003 Flanders 2,929 m² 1 · 219 m² 7.7 m · 1 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 PIETER WAUMAN
Vijfstraten 57, 9100 Sint- Niklaas
12-09-2022 → present
Curator LISA HEUNINCK
Vijfstraten 57-59, 9100 Sint-Niklaas
12-09-2022 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ARTHIMAR 68.98%
  2. EUROSHIPYARD

Highest known parent: ARTHIMAR. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 298 companies in this sector we hold annual accounts for 159. 86 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded18-04-1996
Fiscal year end31-12
Abbreviation NL ESY
Activities, NACEBEL 2025
33150Repair, maintenance and installation of machinery and equipment
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.