Finamac
Open bankruptcyA bankruptcy procedure is open for Finamac according to publications in the Belgian State Gazette; curator: HERMAN DRIESSEN.
Summary
The file additionally contains 1 administrative flag. The 2015 annual accounts show equity of €17,656 and a net result of €2,138.
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
- 24 July 2019
- Supervising judge
- Hilde Claes
- Official Gazette
- 30-07-2019 (pdf) ↗search the document for 2019/140717
Deadlines
- Provisional date payments stopped
- 24 July 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 14 August 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 August 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 5 September 2019Goods 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 24 July 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Herman DriessenCatharinaplein 15/3, 3500 Hasselthd@advo-driessen.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
Four 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 30-06-2015 was due by 31-01-2016 and was filed on 25-01-2016, 6 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 filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2015, abbreviated schema
Equity
€17,656▲ 13.8%
2014 · €15,518
Total assets
€35,613▼ 5.7%
2014 · €37,764
Net result
€2,138▼ 76.5%
2014 · €9,097
Working capital
€17,998▼ 7.9%
2014 · €19,535
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
Line20112012201320142015
Operating result€87--€512-€686▼ 33.9%-€2,309▼ 237%-€716▲ 69.0%
Net result-€1,523--€2,268▼ 48.9%-€2,344▼ 3.4%€9,097€2,138▼ 76.5%
Equity€11,033-€8,765▼ 20.6%€6,421▼ 26.7%€15,518▲ 142%€17,656▲ 13.8%
Total assets€56,814-€53,641▼ 5.6%€52,774▼ 1.6%€37,764▼ 28.4%€35,613▼ 5.7%
Debt€45,781-€44,876▼ 2.0%€46,354▲ 3.3%€22,246▼ 52.0%€17,957▼ 19.3%
Working capital€19,643-€17,050▼ 13.2%€15,081▼ 11.5%€19,535▲ 29.5%€17,998▼ 7.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €716 in 2015 against €2,309 in 2014; the loss shrinks.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €35,613
Fixed assets
€30 =
Current assets
€35,583 ▼ 5.7%
Equity and liabilities €35,613
Equity
€17,656 ▲ 13.8%
Debt
€17,957 ▼ 19.3%
Debt's share of the balance-sheet total falls from 58.9% to 50.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.02▼
2014 · 2.07
ROE
12.1%▼
2014 · 58.6%
ROA
6.0%▼
2014 · 24.1%
Debt ≤ 1 year
€17,585▼
2014 · €18,199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €87 | -€103 | €133 | -€165 | -€307 | ▼ 85.6% |
| Operating profit (loss)9901 | €87 | -€512 | -€686 | -€2,309 | -€716 | ▲ 69.0% |
| Recurring financial income75 | - | - | - | €482 | €3,476 | ▲ 621% |
| Recurring financial charges65 | €1,610 | €1,756 | €1,659 | €1,591 | €621 | ▼ 60.9% |
| Profit (loss) for the period before taxes9903 | -€1,523 | -€2,268 | -€2,344 | €9,097 | €2,138 | ▼ 76.5% |
| Profit (loss) for the period9904 | -€1,523 | -€2,268 | -€2,344 | €9,097 | €2,138 | ▼ 76.5% |
| Profit (loss) for the period to be appropriated9905 | -€1,523 | -€2,268 | -€2,344 | €9,097 | €2,138 | ▼ 76.5% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,814 | €53,641 | €52,774 | €37,764 | €35,613 | ▼ 5.7% |
| Fixed assets21/28 | €30 | €30 | €30 | €30 | €30 | = |
| Financial fixed assets28 | €30 | €30 | €30 | €30 | €30 | = |
| Current assets29/58 | €56,785 | €53,611 | €52,745 | €37,735 | €35,583 | ▼ 5.7% |
| Amounts receivable within one year40/41 | €53,222 | €50,049 | €49,182 | €33,702 | €31,729 | ▼ 5.9% |
| Cash at bank and in hand54/58 | €2,936 | €2,936 | €2,936 | €3,406 | €3,227 | ▼ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,814 | €53,641 | €52,774 | €37,764 | €35,613 | ▼ 5.7% |
| Equity10/15 | €11,033 | €8,765 | €6,421 | €15,518 | €17,656 | ▲ 13.8% |
| Contributions10/11 | €39,524 | €39,524 | €39,524 | €39,524 | €39,524 | = |
| Reserves13 | €34,026 | €34,026 | €34,026 | €34,026 | €34,026 | = |
| Profit (loss) carried forward14 | -€62,517 | -€64,785 | -€67,129 | -€58,032 | -€55,894 | ▲ 3.7% |
| Amounts payable17/49 | €45,781 | €44,876 | €46,354 | €22,246 | €17,957 | ▼ 19.3% |
| Amounts payable after more than one year17 | - | - | - | €3,675 | - | - |
| Amounts payable within one year42/48 | €37,142 | €36,562 | €37,663 | €18,199 | €17,585 | ▼ 3.4% |
| Trade debts44 | €1,181 | €545 | €1,302 | €892 | €954 | ▲ 6.9% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,523 | -€2,268 | -€2,344 | €9,097 | €2,138 | ▼ 76.5% |
| Operating cash flow (approximation) | -€1,523 | -€2,268 | -€2,344 | €9,097 | €2,138 | ▼ 76.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €470 | -€179 | ▼ 138% |
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
2024
22-01
KBO administration
Address struck
Holrakkerstraat 48 L’adresse du siège Holrakkerstraat 48 3510 Die Sitzadresse Holrakkerstraat 48 3510 Has-
3510 Hasselt is doorgehaald met ingang van Hasselt · event 12-03-2019
2021
30-03
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 18-03-2021
2019
30-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 24-07-2019
2016
25-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
23-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
30-06
Financial
Back to profitnet €9,097
Net result €9,097 after 3 loss-making years.
2013
28-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
30-06
Financial
Weakest financial yearnet -€2,344
Net result drops to -€2,344, the lowest in the series.
03-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
04-01
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
28-12
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Show earlier events
2009
30-01
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2007
29-11
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2006
19-12
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Hasselt · 1 establishment unit since 1968
Ground area
3,705 m²
Building footprint
822 m²
Volume, LiDAR
8,502 m³
2 parcels, Flanders · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 19682.001.769.501
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0092/00C002 | Flanders | 2,043 m² | 1 · 304 m² | 20.9 m · 6 fl. |
| 71028A0306/00L000 | Flanders | 1,662 m² | 1 · 518 m² | 8.2 m · 2 fl. |
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 | HERMAN DRIESSEN CATHARINAPLEIN 15/3,
3500 HASSELT |
24-07-2019 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded01-02-1968
Fiscal year end30-06
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-10-04997/ 15.09)