EXPOLINE-S
Open bankruptcyA bankruptcy procedure is open for EXPOLINE-S according to publications in the Belgian State Gazette; curator: THIERRY BIELEN.
Summary
The 2018 annual accounts show negative equity (-€15,319) and a net result of €53,538.
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, Hasselt division
- Declared bankrupt
- 4 November 2021
- Supervising judge
- Hilde Claes
- Official Gazette
- 10-11-2021 (pdf) ↗search the document for 2021/139425
Deadlines
- Provisional date payments stopped
- 4 November 2021A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 November 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 December 2021art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 December 2021Goods 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 4 November 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Thierry BielenHeuvenstraat 50, 3520 Zonhoventhierry.bielen@insolventierecht.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
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 31-03-2018 was due by 31-10-2018 and was filed on 22-10-2018, 9 days ahead of the deadline.
NBB · 10 filingsDeviation 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 filingsring = median in the sector
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 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 Wholesale of construction materials, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2018, micro schema
Equity
-€15,319▲ 77.8%
2017 · -€68,857
Total assets
€222,432▲ 323%
2017 · €52,592
Net result
€53,538
2017 · -€23,501
Working capital
€31,933
2017 · -€21,770
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€15,366-€9,987▼ 35.0%-€12,318-€22,213▼ 80.3%€69,354
Net result€7,622-€2,619▼ 65.6%-€16,210-€23,501▼ 45.0%€53,538
Equity-€31,765--€29,146▲ 8.2%-€45,356▼ 55.6%-€68,857▼ 51.8%-€15,319▲ 77.8%
Total assets€111,522-€112,135▲ 0.5%€77,415▼ 31.0%€52,592▼ 32.1%€222,432▲ 323%
Debt€143,287-€141,281▼ 1.4%€122,771▼ 13.1%€121,449▼ 1.1%€237,752▲ 95.8%
Working capital-€32,155--€25,978▲ 19.2%-€28,765▼ 10.7%-€21,770▲ 24.3%€31,933
Staff (FTE)0.30.6▲ 100%
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 2018: €69,354 after a loss of €22,213 in 2017, the highest result in the available series.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €222,432
Fixed assets
€9,448 ▼ 18.8%
Current assets
€212,984 ▲ 420%
Key figures and ratios
EBITDA
€71,546▲
2017 · -€19,316
Cash flow
€55,729▲
2017 · -€20,604
Solvency
-6.9%▲
2017 · -130.9%
Current ratio
1.18▲
2017 · 0.65
Debt to equity
-3.68▼
2017 · -0.82
ROA
24.1%▲
2017 · -44.7%
Debt ≤ 1 year
€181,052▲
2017 · €62,722
Debt > 1 year
€56,450=
2017 · €56,450
Income taxes
€20,974▲
2017 · €253
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,783 | €21,950 | €21,278 | €2,897 | €2,192 | ▼ 24.3% |
| Gross operating margin9900 | €42,401 | €38,632 | €25,541 | €6,976 | €74,352 | ▲ 966% |
| Operating profit (loss)9901 | €15,366 | €9,987 | -€12,318 | -€22,213 | €69,354 | ▲ 412% |
| Recurring financial income75 | €1,294 | €497 | €660 | €2,401 | €6,328 | ▲ 164% |
| Recurring financial charges65 | €2,749 | €2,382 | €4,167 | €3,437 | €1,170 | ▼ 65.9% |
| Profit (loss) for the period before taxes9903 | €13,910 | €8,102 | -€15,826 | -€23,248 | €74,512 | ▲ 421% |
| Income taxes67/77 | €6,289 | €5,483 | €385 | €253 | €20,974 | ▲ 8,194% |
| Profit (loss) for the period9904 | €7,622 | €2,619 | -€16,210 | -€23,501 | €53,538 | ▲ 328% |
| Profit (loss) for the period to be appropriated9905 | €7,622 | €2,619 | -€16,210 | -€23,501 | €53,538 | ▲ 328% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111,522 | €112,135 | €77,415 | €52,592 | €222,432 | ▲ 323% |
| Fixed assets21/28 | €77,460 | €66,724 | €46,300 | €11,640 | €9,448 | ▼ 18.8% |
| Tangible fixed assets22/27 | €77,460 | €66,724 | €46,120 | €11,460 | €9,268 | ▼ 19.1% |
| Financial fixed assets28 | - | - | €180 | €180 | €180 | = |
| Current assets29/58 | €34,062 | €45,411 | €31,115 | €40,952 | €212,984 | ▲ 420% |
| Amounts receivable within one year40/41 | €27,987 | €38,139 | €30,955 | €40,874 | €204,539 | ▲ 400% |
| Cash at bank and in hand54/58 | €6,075 | €150 | €160 | €78 | €3,568 | ▲ 4,489% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111,522 | €112,135 | €77,415 | €52,592 | €222,432 | ▲ 323% |
| Equity10/15 | -€31,765 | -€29,146 | -€45,356 | -€68,857 | -€15,319 | ▲ 77.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€50,365 | -€47,746 | -€63,956 | -€87,457 | -€33,919 | ▲ 61.2% |
| Amounts payable17/49 | €143,287 | €141,281 | €122,771 | €121,449 | €237,752 | ▲ 95.8% |
| Amounts payable after more than one year17 | €74,587 | €67,041 | €59,156 | €56,450 | €56,450 | = |
| Amounts payable within one year42/48 | €66,217 | €71,390 | €59,880 | €62,722 | €181,052 | ▲ 189% |
| Trade debts44 | €521 | €13,971 | €10,461 | €21,451 | €120,402 | ▲ 461% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,622 | €2,619 | -€16,210 | -€23,501 | €53,538 | ▲ 328% |
| + Depreciation and write-downs630 | €20,783 | €21,950 | €21,278 | €2,897 | €2,192 | ▼ 24.3% |
| Operating cash flow (approximation) | €28,404 | €24,569 | €5,068 | -€20,604 | €55,729 | ▲ 370% |
| Investment in fixed assets (approximation) | - | -€11,213 | -€855 | €31,764 | €0 | ▼ 100% |
| Change in cash | - | -€5,925 | €10 | -€82 | €3,490 | ▲ 4,336% |
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
2021
10-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 04-11-2021
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-03
Financial
Back to profitnet €53,538
Net result €53,538 after 2 loss-making years.
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 101 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 459 days late
2017
31-03
Financial
Weakest financial yearnet -€23,501
Net result drops to -€23,501, the lowest in the series.
2015
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 340 days late
2013
08-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
03-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 154 days late
2012
11-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 72 days late
2010
27-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 57 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 249 days late
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, Leopoldsburg · 1 establishment unit since 2003
Ground area
197 m²
Building footprint
237 m²
Volume, LiDAR
1,275 m³
Parcel 71034A0687/00A000, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Maarschalk Fochstraat 9, 3970 Leopoldsburg
since 20032.126.270.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A0687/00A000 | Flanders | 197 m² | 1 · 237 m² | 11.4 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THIERRY BIELEN HEUVENSTRAAT 50,
3520 ZONHOVEN |
04-11-2021 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,805 companies in sector 46831 we hold annual accounts for 1,398. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-03-2003
Fiscal year end31-03
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
42110Construction of roads and motorways
43341Painting of buildings
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.