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FILAT

Open bankruptcy
Public limited companyfounded 2009Beversesteenweg 565, 8800 Roeselare, BelgiumKBO/BCE: BE 0809.334.247

A bankruptcy procedure is open for FILAT according to publications in the Belgian State Gazette; curator: AN STERCKX.

Summary

The 2023 annual accounts show negative equity (-€1.0m) and a net result of -€2.3m.

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, Kortrijk division
Declared bankrupt
22 October 2024
Supervising judge
Frank Vandelanotte
Official Gazette
28-10-2024 (pdf) ↗search the document for 2024/141088

Curator

  • An SterckxKachtemsestraat 334, 8800 Roese- Larean.sterckx@advocaat.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.

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 ↗ 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. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
77 d late
2022
123 d late
2021
16 d late
2020
25 d late
2019
52 d 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 38 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 26 January 2009, FILAT was incorporated.1 Total assets went from EUR 11 million in 2018 to EUR 580,131 in 2023.2 The company was declared bankrupt on 22 October 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 28-10-2024

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Turnover
€527,307
EBIT margin
17.0%
Net result
-€2.3m▲ 42.2%
2022 · -€3.9m
Working capital
-€44,310
2022 · €187,862
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
Turnover€527,307
Operating result€166,392▼ 3.9%€120,340▼ 27.7%€59,415▼ 50.6%€89,724▲ 51.0%€73,754▼ 17.8%
Net result-€3.0m€377,110€10,743▼ 97.2%-€3.9m-€2.3m▲ 42.2%
EBIT margin17.0%
Equity€4.6m▼ 39.1%€5.0m▲ 8.1%€5.2m▲ 3.7%€1.3m▼ 75.9%-€1.0m
Total assets€6.0m▼ 46.0%€6.2m▲ 3.1%€6.3m▲ 0.6%€2.4m▼ 61.7%€580,131▼ 75.8%
Debt€1.4m▼ 60.8%€1.2m▼ 13.4%€1.1m▼ 12.2%€1.1m▲ 7.0%€1.6m▲ 40.5%
Working capital-€314,910▲ 84.9%€139,394€254,043▲ 82.2%€187,862▼ 26.1%-€44,310
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€4.0m-€2.0m€0Operating result 2019: €166,392€166,392Net result 2019: -€3.0m-€3.0mOperating result 2020: €120,340€120,340Net result 2020: €377,110€377,110Operating result 2021: €59,415€59,415Net result 2021: €10,743€10,743Operating result 2022: €89,724€89,724Net result 2022: -€3.9m-€3.9mOperating result 2023: €73,754€73,754Net result 2023: -€2.3m-€2.3m20192020202120222023-€4m-€2m€0Operating result 2021: €59,415€59,400Net result 2021: €10,743€10,700Operating result 2022: €89,724€89,700Net result 2022: -€3.9m-€3.9mOperating result 2023: €73,754€73,800Net result 2023: -€2.3m-€2.3m202120222023
The operating result falls in 2023; 2023 is 18% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €580,131
Fixed assets €4 ▼ 100.0%
Current assets €580,127 ▲ 14.5%
Key figures and ratios
2023 value · change against 2022
Solvency
-176.8%▼
2022 · 52.3%
Current ratio
0.93▼
2022 · 1.59
Debt to equity
-1.57▼
2022 · 0.91
ROA
-392.7%▼
2022 · -164.5%
Debt ≤ 1 year
€624,438▲
2022 · €318,746
Debt > 1 year
€981,481▲
2022 · €824,074
Income taxes
€13,670
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 · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€2.4m€580,131▼
Fixed assets21/28€1.9m€4▼
Financial fixed assets28€1.9m€4▼
Current assets29/58€506,608€580,127▲
Amounts receivable within one year40/41€503,219€580,000▲
Other amounts receivable41€503,219€580,000▲
Cash at bank and in hand54/58€3,389€127▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€580,131▼
Equity10/15€1.3m-€1.0m▼
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Uncalled capital101€12,400€12,400=
Reserves13€103,844€103,844=
Non-distributable reserves130/1€103,844€103,844=
Legal reserve130€103,844€103,844=
Profit (loss) carried forward14-€52,744-€2.3m▼
Amounts payable17/49€1.1m€1.6m▲
Amounts payable after more than one year17€824,074€981,481▲
Financial debts170/4€824,074€981,481▲
Amounts payable within one year42/48€318,746€624,438▲
Current portion of amounts payable after more than one year42€92,593€92,593=
Trade debts44€159,153€404,420▲
Suppliers440/4€159,153€404,420▲
Taxes, remuneration and social security45€6,000€13,770▲
Taxes450/3€6,000€13,770▲
Other amounts payable47/48€61,000€113,656▲
Income statement Code20222023
Turnover70€527,307-
Goods, raw materials, services and sundry goods60/61€436,518-
Other operating charges640/8€1,066€1,392▲
Gross operating margin9900€90,789€75,146▼
Operating profit (loss)9901€89,724€73,754▼
Financial charges65/66B€4.0m€2.3m▼
Recurring financial charges65€46,645€76,233▲
Non-recurring financial charges66B€4.0m€2.3m▼
Profit (loss) for the period before taxes9903-€3.9m-€2.3m▲
Income taxes67/77-€13,670
Profit (loss) for the period9904-€3.9m-€2.3m▲
Profit (loss) for the period to be appropriated9905-€3.9m-€2.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3.9m-€2.3m▲
Profit (loss) brought forward from the previous period14P--€52,744
Transfer from equity791/2€3.9m-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70---€527,307--
Goods, raw materials, services and sundry goods60/61---€436,518--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€0€0---
Other operating charges640/8--€1,094€1,066€1,392▲ 30.6%
Gross operating margin9900€167,506€121,558€60,509€90,789€75,146▼ 17.2%
Operating profit (loss)9901€166,392€120,340€59,415€89,724€73,754▼ 17.8%
Recurring financial income75€1.7m€320,789----
Financial charges65/66B--€48,546€4.0m€2.3m▼ 42.0%
Recurring financial charges65€57,485€50,442€48,546€46,645€76,233▲ 63.4%
Non-recurring financial charges66B---€4.0m€2.3m▼ 43.2%
Profit (loss) for the period before taxes9903-€2.9m€396,826€10,869-€3.9m-€2.3m▲ 42.5%
Income taxes67/77€32,471€19,716€127-€13,670-
Profit (loss) for the period9904-€3.0m€377,110€10,743-€3.9m-€2.3m▲ 42.2%
Profit (loss) for the period to be appropriated9905-€3.0m€377,110€10,743-€3.9m-€2.3m▲ 42.2%
Line20192020202120222023Change
Assets
Total assets20/58€6.0m€6.2m€6.3m€2.4m€580,131▼ 75.8%
Fixed assets21/28€5.9m€5.9m€5.9m€1.9m€4▼ 100.0%
Financial fixed assets28€5.9m€5.9m€5.9m€1.9m€4▼ 100.0%
Current assets29/58€165,363€355,058€405,272€506,608€580,127▲ 14.5%
Amounts receivable within one year40/41€103,719€276,941€392,500€503,219€580,000▲ 15.3%
Trade receivables40--€0---
Other amounts receivable41--€392,500€503,219€580,000▲ 15.3%
Cash at bank and in hand54/58€61,644€78,118€12,772€3,389€127▼ 96.2%
Equity and liabilities
Total equity and liabilities10/49€6.0m€6.2m€6.3m€2.4m€580,131▼ 75.8%
Equity10/15€4.6m€5.0m€5.2m€1.3m-€1.0m▼ 182%
Contributions10/11€1.0m€1.0m€1.2m€1.2m€1.2m=
Capital10--€1.2m€1.2m€1.2m=
Issued capital100--€1.2m€1.2m€1.2m=
Uncalled capital101--€12,400€12,400€12,400=
Reserves13€3.6m€4.0m€4.0m€103,844€103,844=
Non-distributable reserves130/1--€103,844€103,844€103,844=
Legal reserve130--€103,844€103,844€103,844=
Distributable reserves133--€3.9m---
Profit (loss) carried forward14-€1.3m--€52,744-€2.3m▼ 4,319%
Amounts payable17/49€1.4m€1.2m€1.1m€1.1m€1.6m▲ 40.5%
Amounts payable after more than one year17€916,667€1,000,000€916,666€824,074€981,481▲ 19.1%
Financial debts170/4--€916,666€824,074€981,481▲ 19.1%
Amounts payable within one year42/48€480,273€215,664€151,229€318,746€624,438▲ 95.9%
Current portion of amounts payable after more than one year42---€92,593€92,593=
Trade debts44€35,135€58,977€119,890€159,153€404,420▲ 154%
Suppliers440/4--€119,890€159,153€404,420▲ 154%
Taxes, remuneration and social security45--€4,339€6,000€13,770▲ 129%
Taxes450/3--€4,339€6,000€13,770▲ 129%
Other amounts payable47/48--€27,000€61,000€113,656▲ 86.3%
Accrued charges and deferred income492/3--€0---
Line20192020202120222023Change
Profit (loss) for the period9904-€3.0m€377,110€10,743-€3.9m-€2.3m▲ 42.2%
+ Depreciation and write-downs630€0€0€0---
Operating cash flow (approximation)-€3.0m€377,110€10,743-€3.9m-€2.3m▲ 42.2%
Investment in fixed assets (approximation)-€0€12,445€4.0m€1.9m▼ 52.4%
Change in cash-€16,474-€65,345-€9,383-€3,261▲ 65.2%

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

Timeline · acts, filings and financial milestones

2024
28-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 22-10-2024
16-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
2023
01-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 123 days late
2022
31-12
Financial Weakest financial yearnet -€3.9m
Net result drops to -€3.9m, the lowest in the series.
16-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial Back to profitnet €377,110
Net result €377,110 after one loss-making year.
31-12
Financial Liquidity times 5current ratio 1.65
Current ratio from 0.34 to 1.65; short-term debt falls from €480,273 to €215,664.
31-12
Financial Equity above €5mEq €5.0m ▲8.1%
Equity rises from €4.6m to €5.0m.
09-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
22-06
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
23-06
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 12 acts read
About the unread acts

We know of 12 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
12 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, Roeselare · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
8,042 m²
Building footprint
7,226 m²
Volume, LiDAR
50,455 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
FILAT
Gelaagstraat 53A, 9150 Beveren-Kruibeke-ZwijndrechtHoldings
since 20092.176.407.707
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36505B0902/00G000 Flanders 7,707 m² 1 · 7,226 m² 8.8 m · 2 fl.
46018A0182/00F002 Flanders 335 m² - -
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 AN STERCKX
KACHTEMSESTRAAT 334, 8800 ROESE- LARE
22-10-2024 → present

Structure & network

Owners and holdings

2 owners · 1 holding · 2 subsidiaries in the tree

Owners 2

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2023 annual accounts of FILAT and those 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 5,712 companies in sector 70100 we hold annual accounts for 3,504. 1,822 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
64210Activities of holding companies
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.