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FACILITECH

Open bankruptcy
Private limited companyfounded 2012Steenweg Borgloon 34, 3830 Wellen, BelgiumKBO/BCE: BE 0508.679.876
Summary

A bankruptcy procedure is open for FACILITECH according to publications in the Belgian Official Gazette. The 2022 annual accounts show equity of €102,090 and a net result of -€21,441.

FACILITECHOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
12 June 2025
Supervising judge
Jo Kenis
Official Gazette
18-06-2025 (pdf) ↗search the document for 2025/126172

Deadlines

Provisional date payments stopped
25 April 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 3 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 12 July 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 24 July 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 12 June 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

  • Martine ClaesenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmartine@akto-advocaten.be
  • Mark HuygenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmark@akto-advocaten.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

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

Activity
General electrical installation work
NACE 43211
1 site
Size
€480,350total assets 2022
Equity
€102,090
Loss
-€21,441
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
Holdings
1
1 of 3 deeds summarised
Signalsraises riskOpen bankruptcy2022 accounts filed 36 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2022 accounts filed 36 days late
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 05-06-2023, 36 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2024
not filed
2023
not filed
2022
36 days late
2021
1 day early
2020
31 days early
2019
6 days early
2018
34 days early
← 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 7 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Antwerp, Hasselt…
  2. Resignation: Reners Kevin (manager)Appointment: Reners Kevin (director) ·…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Financials · financial year 2022, abbreviated format

2022 annual accounts filed late (36 days) Filed on 5 June 2023, deadline 30 April 2023 (7 months after the close on 30 September 2022, Companies Code art. 3:10). Source: NBB, 2023-00109397.

Equity
€102,090▼ 17.4%
2021 · €123,531
Total assets
€480,350▲ 1.7%
2021 · €472,124
Net result
-€21,441
2021 · €9,562
Working capital
-€168,721▼ 59.6%
2021 · -€105,734
Trend over the years

2019 to 2022, 4 financial years 2019 to 2022, 4 financial years

The operating result turns negative in 2022: a loss of €18,578 after €22,155 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.

Operating result-€18,578 2022 Net result-€21,441 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line2019202020212022
Operating result€18,227-€52,575▲ 188%€22,155▼ 57.9%-€18,578
Net result€15,263-€38,472above the sector's middle half▲ 152%€9,562within the sector's middle half▼ 75.1%-€21,441below the sector's middle half
Equity€75,498-€113,970within the sector's middle half▲ 51.0%€123,531within the sector's middle half▲ 8.4%€102,090below the sector's middle half▼ 17.4%
Total assets€127,715-€146,639within the sector's middle half▲ 14.8%€472,124within the sector's middle half▲ 222%€480,350within the sector's middle half▲ 1.7%
Debt€52,217-€32,669▼ 37.4%€348,592▲ 967%€378,260▲ 8.5%
Working capital€74,975-€104,270above the sector's middle half▲ 39.1%-€105,734below the sector's middle half-€168,721below the sector's middle half▼ 59.6%
Solvency59.1%-77.7%above the sector's middle half▲ 18.6pp26.2%within the sector's middle half▼ 51.6pp21.3%below the sector's middle half▼ 4.9pp
Current ratio2.44-4.19above the sector's middle half▲ 1.760.38below the sector's middle half▼ 3.810.32below the sector's middle half▼ 0.07
Return on assets (ROA)12.0%-26.2%above the sector's middle half▲ 14.3pp2.0%within the sector's middle half▼ 24.2pp-4.5%below the sector's middle half▼ 6.5pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €480,350
Fixed assets €401,688 ▼ 1.1%
Current assets €78,662 ▲ 19.3%
Equity and liabilities €480,350
Equity €102,090 ▼ 17.4%
Debt €378,260 ▲ 8.5%
Debt's share of the balance-sheet total rises from 73.8% to 78.7%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€14,053▼
2021 · €26,715
Cash flow
-€16,916▼
2021 · €14,122
Debt to equity
3.71▲
2021 · 2.82
ROE
-21.0%▼
2021 · 7.7%
Interest coverage
-2.58▼
2021 · 3.63
Debt ≤ 1 year
€247,383▲
2021 · €171,644
Debt > 1 year
€130,876▼
2021 · €176,948
Income taxes
€436▼
2021 · €6,014
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 · 2022 against 2021 · 47 lines
Balance sheet Code20212022
Assets
Total assets20/58€472,124€480,350▲
Fixed assets21/28€406,213€401,688▼
Tangible fixed assets22/27€6,213€1,688▼
Plant, machinery and equipment23€942€583▼
Furniture and vehicles24€5,271€1,105▼
Financial fixed assets28€400,000€400,000=
Current assets29/58€65,911€78,662▲
Amounts receivable within one year40/41€56,505€72,387▲
Trade receivables40€7,278€25,273▲
Other amounts receivable41€49,227€47,114▼
Cash at bank and in hand54/58€4,839€2,869▼
Deferred charges and accrued income490/1€4,566€3,406▼
Equity and liabilities
Total equity and liabilities10/49€472,124€480,350▲
Equity10/15€123,531€102,090▼
Contributions10/11€6,200€6,200=
Reserves13€117,331€117,331=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€115,471€115,471=
Profit (loss) carried forward14--€21,441
Amounts payable17/49€348,592€378,260▲
Amounts payable after more than one year17€176,948€130,876▼
Financial debts170/4€176,948€130,876▼
Amounts payable within one year42/48€171,644€247,383▲
Current portion of amounts payable after more than one year42€47,340€47,340=
Financial debts43-€16
Credit institutions430/8-€16
Trade debts44€7,115€3,334▼
Suppliers440/4€7,115€3,334▼
Taxes, remuneration and social security45€26,789€16,182▼
Taxes450/3€26,789€16,182▼
Other amounts payable47/48€90,400€180,511▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,560€4,525▼
Other operating charges640/8€1,245€2,318▲
Gross operating margin9900€27,960-€11,735▼
Operating profit (loss)9901€22,155-€18,578▼
Financial income75/76B€787€3,023▲
Recurring financial income75€787€3,023▲
Financial charges65/66B€7,367€5,450▼
Recurring financial charges65€7,367€5,450▼
Profit (loss) for the period before taxes9903€15,576-€21,005▼
Income taxes67/77€6,014€436▼
Profit (loss) for the period9904€9,562-€21,441▼
Profit (loss) for the period to be appropriated9905€9,562-€21,441▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,562-€21,441▼
Transfer to equity691/2€9,562-
To other reserves6921€9,562-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€525€3,324€4,560€4,525▼ 0.8%
Other operating charges640/8--€1,245€2,318▲ 86.2%
Gross operating margin9900€19,842€56,742€27,960-€11,735-
Operating profit (loss)9901€18,227€52,575€22,155-€18,578-
Financial income75/76B--€787€3,023▲ 284%
Recurring financial income75€5,656€5,050€787€3,023▲ 284%
Financial charges65/66B--€7,367€5,450▼ 26.0%
Recurring financial charges65€1,689€2,911€7,367€5,450▼ 26.0%
Profit (loss) for the period before taxes9903€22,194€54,714€15,576-€21,005-
Income taxes67/77€6,931€16,243€6,014€436▼ 92.7%
Profit (loss) for the period9904€15,263€38,472€9,562-€21,441-
Profit (loss) for the period to be appropriated9905€15,263€38,472€9,562-€21,441-
Line2019202020212022Change
Assets
Total assets20/58€127,715€146,639€472,124€480,350▲ 1.7%
Fixed assets21/28€523€9,699€406,213€401,688▼ 1.1%
Tangible fixed assets22/27€523€9,699€6,213€1,688▼ 72.8%
Plant, machinery and equipment23--€942€583▼ 38.1%
Furniture and vehicles24--€5,271€1,105▼ 79.0%
Financial fixed assets28--€400,000€400,000=
Current assets29/58€127,192€136,940€65,911€78,662▲ 19.3%
Amounts receivable within one year40/41€82,155€98,885€56,505€72,387▲ 28.1%
Trade receivables40--€7,278€25,273▲ 247%
Other amounts receivable41--€49,227€47,114▼ 4.3%
Cash at bank and in hand54/58€45,037€36,694€4,839€2,869▼ 40.7%
Deferred charges and accrued income490/1--€4,566€3,406▼ 25.4%
Equity and liabilities
Total equity and liabilities10/49€127,715€146,639€472,124€480,350▲ 1.7%
Equity10/15€75,498€113,970€123,531€102,090▼ 17.4%
Contributions10/11€6,200-€6,200€6,200=
Reserves13€69,298€107,770€117,331€117,331=
Non-distributable reserves130/1--€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860=
Distributable reserves133--€115,471€115,471=
Profit (loss) carried forward14----€21,441-
Amounts payable17/49€52,217€32,669€348,592€378,260▲ 8.5%
Amounts payable after more than one year17--€176,948€130,876▼ 26.0%
Financial debts170/4--€176,948€130,876▼ 26.0%
Amounts payable within one year42/48€52,217€32,669€171,644€247,383▲ 44.1%
Current portion of amounts payable after more than one year42--€47,340€47,340=
Financial debts43---€16-
Credit institutions430/8---€16-
Trade debts44€7,321€6,710€7,115€3,334▼ 53.1%
Suppliers440/4--€7,115€3,334▼ 53.1%
Taxes, remuneration and social security45--€26,789€16,182▼ 39.6%
Taxes450/3--€26,789€16,182▼ 39.6%
Other amounts payable47/48--€90,400€180,511▲ 99.7%
Line2019202020212022Change
Profit (loss) for the period9904€15,263€38,472€9,562-€21,441-
+ Depreciation and write-downs630€525€3,324€4,560€4,525▼ 0.8%
Operating cash flow (approximation)€15,788€41,795€14,122-€16,916-
Investment in fixed assets (approximation)--€12,500-€401,074€0-
Change in cash--€8,343-€31,855-€1,970▲ 93.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
30-09-2022 abbreviated format 05-06-2023 2023-00109397
30-09-2021 abbreviated format 29-04-2022 2022-20013838
30-09-2020 micro format 30-03-2021 2021-09500303
30-09-2019 micro format 24-04-2020 2020-09800304
30-09-2018 micro format 27-03-2019 2019-08100209
30-09-2017 micro format 26-03-2018 2018-07700472
30-09-2016 abbreviated format 28-03-2017 2017-07300204
30-09-2015 abbreviated format 31-03-2016 2016-08000351
30-09-2014 abbreviated format 26-03-2015 2015-07500299

Similar companies · same sector, comparable size

Of the 22,634 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,524. 8,916 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
Reners Kevin
Director (not named in the articles) · since 30-11-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Reners Kevin
  • Manager, until 30-11-2023
  • Director (not named in the articles), from 30-11-2023 to date
See the board, name and registered office on a given date →

Insolvency mandates

2 mandates
Role Name Tenure
Trustee Martine Claesen
Riemsterweg 7A Bus 2, 3740 Bilzen-Hoeselt
12-06-2025 → present
Trustee Mark huygen
Riemsterweg 7A Bus 2, 3740 Bilzen-Hoeselt
12-06-2025 → present

Owners and capital

Capital and shareholders

Capital over the years
  1. 30-11-2023 Converted to unavailable equity · €8,060

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 30-09-2022 of FACILITECH and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 21 December 2012, FACILITECH was incorporated.1 Total assets went from €127,715 in 2019 to €480,350 in 2022.2 The company was declared bankrupt on 12 June 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian Official Gazette, 18-06-2025

Acts, filings and financial milestones

2025
18-06
Bankruptcy Opening
Enterprise Court of Antwerp, Hasselt division · judgment of 12-06-2025
2023
30-11
Gazette deed Resignation: Reners Kevin (manager)
Appointment: Reners Kevin (director) · Amendment of the articles · Capital conversion9 facts ▸
  • General meeting, 17-11-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “beschikbaar voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
  • Other provision, “terminologie WVV sinds 2020-01-01:zaakvoerder vervangen door bestuurder;huidige zaakvoerder zet functie voort als bestuurder” (deed in Dutch)
  • Director resignation, Reners Kevin (manager)
  • Director appointment, Reners Kevin (director (not named in the articles))
  • Director discharge, Reners Kevin
  • Registered office clause, “Steenweg Borgloon 34,3830 Wellen” (deed in Dutch)
05-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 36 days late
2022
30-09
Financial Weakest financial yearnet -€21,441
Net result drops to -€21,441, the lowest in the series.
29-04
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-03
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
30-09
Financial Highest result from 2019 to 2022net €38,472 ▲152%
Operating result €52,575, net result €38,472, both a record.
30-09
Financial Equity above €100,000equity €113,970 ▲51%
A profit in every financial year since 2019 builds equity to €113,970.
24-04
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
27-03
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
26-03
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
28-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
2016
31-03
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
2015
26-03
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded21-12-2012
Financial year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wellen · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
2,352 m²
Building footprint
175 m²
Building volume
973 m³
Parcel 73098C0130/00C000, Flanders · tallest building 7.8 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Steenweg Borgloon 34, 3830 Wellen
General electrical installation work
since 2012unit no. 2.216.342.607
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
73098C0130/00C000 Flanders 2,352 m² 1 · 175 m² 7.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Uitvoeren van installatiewerken aan gebouwen van elektrische bedrading en toebehoren,telefonie,verwarmingsinstallaties,koelkamers,liften…” (deed in Dutch)
10 activities (deed in Dutch)
  1. Uitvoeren van installatiewerken aan gebouwen van elektrische bedrading en toebehoren,telefonie,verwarmingsinstallaties,koelkamers,liften.
  2. Service en onderhoud van installaties.
  3. Installatie van airconditioning/luchtbehandeling.
  4. Algemene aannemingen.
  5. Installatie waterbehandeling,onderhoud,studies en advies terzake.
  6. Studiewerken en adviesverlening bij technische installaties.
  7. Klein- en groothandel in toestellen en installaties.
  8. Interim management.
  9. Werkzaamheden in land- en tuinbouw,onderhoud plantages en velden.
  10. Overige zakelijke dienstverlening.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Facilitech
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 30-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 30-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of March at 20:00

deed of 30-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 30-11-2023

deed of 30-11-2023