EXPABEL
BankruptcyFrom the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette
Are you a creditor?
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
Court, date and trustee are in RegSol: search by the enterprise number.
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee'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. A late claim is sometimes still possible, but not without consequences.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Official details
KBO- Status
- Active since 23-01-1990 Open bankruptcy
- Legal form
- Private limited company (pre-2019)
- Registered office
- Rue du Tilleul 92, 5350 Ohey
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.051.736.872 1180 Ukkel, since 01-03-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
How it is doing
- Gross margin
- €5,004
- ▼ 95.6%
- Turnover
- ≈ €38,000
- estimated
- Profit
- €20,344
- ▼ 79.6%
- Equity
- €517,112
- ▲ 4.1%
- Total assets
- €577,303
- =
Signalsraises riskRegister: open bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 7 accounts on average 62 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Searched, nothing found (1)
Financials · financial year 2022, micro format
Annual accounts 2022
- Financial year ended
- 31-12-2022
- Filed on
- 29-06-2023
- Format
- micro format
- Reference
- 2023-00173457
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result turns negative in 2022: a loss of €1,105 after €107,256 in 2021, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,587 | €5,587 | €5,587 | €5,587 | €5,587 | = |
| Other operating charges640/8 | - | - | - | €533 | €287 | ▼ 46.2% |
| Non-recurring operating charges66A | - | - | - | €120 | €235 | ▲ 95.8% |
| Gross operating margin9900 | €44,188 | €9,407 | €55,627 | €113,496 | €5,004 | ▼ 95.6% |
| Operating profit (loss)9901 | €35,010 | €3,110 | €47,035 | €107,256 | -€1,105 | - |
| Financial income75/76B | - | - | - | €29,653 | €36,011 | ▲ 21.4% |
| Recurring financial income75 | €28,215 | €30,828 | €40,206 | €29,653 | €36,011 | ▲ 21.4% |
| Financial charges65/66B | - | - | - | €746 | €418 | ▼ 44.0% |
| Recurring financial charges65 | €1,469 | €1,776 | €1,640 | €746 | €418 | ▼ 44.0% |
| Profit (loss) for the period before taxes9903 | €61,756 | €32,162 | €85,601 | €136,163 | €34,488 | ▼ 74.7% |
| Income taxes67/77 | €20,054 | €10,885 | €23,703 | €36,500 | €14,144 | ▼ 61.2% |
| Profit (loss) for the period9904 | €41,702 | €21,277 | €61,898 | €99,663 | €20,344 | ▼ 79.6% |
| Profit (loss) for the period to be appropriated9905 | €41,702 | €21,277 | €61,898 | €99,663 | €20,344 | ▼ 79.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €375,951 | €399,690 | €462,134 | €577,519 | €577,303 | = |
| Fixed assets21/28 | €22,348 | €16,761 | €11,174 | €5,587 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €22,348 | €16,761 | €11,174 | €5,587 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €5,587 | €0 | ▼ 100% |
| Current assets29/58 | €353,603 | €382,929 | €450,960 | €571,932 | €577,303 | ▲ 0.9% |
| Amounts receivable within one year40/41 | €353,596 | €382,922 | €445,685 | €496,967 | €549,587 | ▲ 10.6% |
| Other amounts receivable41 | - | - | - | €496,967 | €549,587 | ▲ 10.6% |
| Current investments50/53 | €7 | €7 | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €4,571 | €74,856 | €27,716 | ▼ 63.0% |
| Deferred charges and accrued income490/1 | - | - | - | €109 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €375,951 | €399,690 | €462,134 | €577,519 | €577,303 | = |
| Equity10/15 | €313,930 | €335,207 | €397,105 | €496,768 | €517,112 | ▲ 4.1% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | €6,197 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €305,873 | €327,150 | €389,048 | €488,711 | €509,055 | ▲ 4.2% |
| Amounts payable17/49 | €62,021 | €64,483 | €65,029 | €80,751 | €60,191 | ▼ 25.5% |
| Amounts payable after more than one year17 | €15,519 | €10,942 | €6,298 | €1,586 | - | - |
| Financial debts170/4 | - | - | - | €1,586 | - | - |
| Amounts payable within one year42/48 | €46,502 | €51,950 | €58,731 | €79,165 | €60,191 | ▼ 24.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,712 | €1,586 | ▼ 66.3% |
| Trade debts44 | €7,207 | €8,505 | €8,609 | €5,986 | €604 | ▼ 89.9% |
| Suppliers440/4 | - | - | - | €5,986 | €604 | ▼ 89.9% |
| Taxes, remuneration and social security45 | - | - | - | €68,467 | €58,001 | ▼ 15.3% |
| Taxes450/3 | - | - | - | €68,467 | €58,001 | ▼ 15.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,702 | €21,277 | €61,898 | €99,663 | €20,344 | ▼ 79.6% |
| + Depreciation and write-downs630 | €5,587 | €5,587 | €5,587 | €5,587 | €5,587 | = |
| Operating cash flow (approximation) | €47,289 | €26,864 | €67,485 | €105,250 | €25,931 | ▼ 75.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | €70,285 | -€47,140 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 29-06-2023 | 2023-00173457 | |
| 31-12-2021 | micro format | 02-11-2022 | 2022-20481226 | |
| 31-12-2020 | micro format | 13-12-2021 | 2021-80100087 | |
| 31-12-2019 | micro format | 27-10-2020 | 2020-63800597 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68600200 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-53900515 | |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64100401 | |
| 31-12-2015 | full format | 04-01-2017 | 2017-00300057 | |
| 31-12-2014 | full format | 26-08-2015 | 2015-49300395 | |
| 31-12-2013 | full format | 26-11-2014 | 2014-67700154 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fakhouri Issam |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
EXPABEL was incorporated on 23 January 1990.1 The registered office was moved to Ohey in 2023.2 Fakhouri Issam is director of the company according to the 2022 annual accounts.3 Total assets rose from €375,951 in 2018 to €577,303 in 2022.4 The KBO register records an open bankruptcy for the company, without a start date.1
Acts, filings and financial milestones
26-04
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- General meeting, 31-03-2023
- Registered-office move, Rue du Tilleul,92-5350 OHEY
- Director in office, Issam FAKHOURI (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Opening faillissement
EXPABEL is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company (pre-2019)
- Active since
- 23 January 1990
Register details
Who it is
Where it is based
Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92097C0736/00L000 | Wallonia | 803 m² | 1 · 169 m² | - |
| 21614E0176/00W008 | Brussels | 231 m² | 1 · 55 m² | 10.7 m · 3 |