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Flemac

Open bankruptcy
Private limited company (pre-2019)founded 2010Knotwilgenweg 7, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0829.684.154

A bankruptcy procedure is open for Flemac according to publications in the Belgian State Gazette; curator: NANCY VANNUETEN.

Summary

The 2023 annual accounts show equity of €41,116 and a net result of -€202,698.

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, Mechelen division
Declared bankrupt
28 July 2025
Supervising judge
Koenraad De Geest
Official Gazette
01-08-2025 (pdf) ↗search the document for 2025/133085

Curator

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 · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
on the day
2022
72 d late
2021
31 d late
2020
73 d early
2019
111 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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

Flemac was incorporated on 24 September 2010.1 Total assets rose from EUR 699,194 in 2018 to EUR 1.4 million in 2023 and headcount from 1 to 3 full-time equivalents.2 On 28 July 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 01-08-2025

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Equity
€41,116▼ 83.1%
2022 · €243,813
Total assets
€1.4m▼ 2.0%
2022 · €1.4m
Net result
-€202,698
2022 · €3,048
Working capital
€102,581▼ 80.0%
2022 · €512,715
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
Operating result€63,115€13,122▼ 79.2%€41,804▲ 219%€20,330▼ 51.4%-€139,698
Net result€35,608€10,843▼ 69.5%€21,060▲ 94.2%€3,048▼ 85.5%-€202,698
Equity€208,863▲ 20.6%€219,706▲ 5.2%€240,766▲ 9.6%€243,813▲ 1.3%€41,116▼ 83.1%
Total assets€1.3m▲ 79.7%€1.3m▲ 2.7%€1.4m▲ 6.8%€1.4m▲ 2.3%€1.4m▼ 2.0%
Debt€1.0m▲ 99.2%€1.1m▲ 2.1%€1.1m▲ 6.3%€1.2m▲ 2.5%€1.3m▲ 15.0%
Working capital€355,283▲ 114%€443,409▲ 24.8%€591,089▲ 33.3%€512,715▼ 13.3%€102,581▼ 80.0%
Staff (FTE)3.4▲ 240%3.8▲ 11.8%3▼ 21.1%3=3=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2019: €63,115€63,115Net result 2019: €35,608€35,608Operating result 2020: €13,122€13,122Net result 2020: €10,843€10,843Operating result 2021: €41,804€41,804Net result 2021: €21,060€21,060Operating result 2022: €20,330€20,330Net result 2022: €3,048€3,048Operating result 2023: -€139,698-€139,698Net result 2023: -€202,698-€202,69820192020202120222023-€300,000-€200,000-€100,000€0Operating result 2021: €41,804€41,800Net result 2021: €21,060€21,100Operating result 2022: €20,330€20,300Net result 2022: €3,048€3,050Operating result 2023: -€139,698-€140,000Net result 2023: -€202,698-€203,000202120222023
The operating result turns negative in 2023: a loss of €139,698 after €20,330 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.4m
Fixed assets €177,720 ▲ 96.8%
Current assets €1.2m ▼ 8.7%
Equity and liabilities €1.4m
Equity €41,116 ▼ 83.1%
Debt €1.3m ▲ 15.0%
Debt's share of the balance-sheet total rises from 82.7% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€120,046▼
2022 · €44,939
Cash flow
-€183,045▼
2022 · €27,657
Current ratio
1.09▼
2022 · 1.64
Quick ratio
0.63▼
2022 · 1.48
Debt to equity
32.60▲
2022 · 4.78
ROE
-493.0%▼
2022 · 1.2%
ROA
-14.7%▼
2022 · 0.2%
Interest coverage
-1.76▼
2022 · 3.41
Debt ≤ 1 year
€1.1m▲
2022 · €806,077
Debt > 1 year
€239,185▼
2022 · €359,185
Income taxes
€1,004▼
2022 · €4,469
Staff costs
€258,732▲
2022 · €175,119
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 · 54 lines
Balance sheet Code20222023
Assets
Total assets20/58€1.4m€1.4m▼
Fixed assets21/28€90,283€177,720▲
Intangible fixed assets21€53,024€149,172▲
Tangible fixed assets22/27€37,260€28,548▼
Plant, machinery and equipment23€36,047€28,548▼
Furniture and vehicles24€1,213-
Current assets29/58€1.3m€1.2m▼
Stocks and contracts in progress3€123,783€512,635▲
Stocks30/36€88,783€119,300▲
Contracts in progress37€35,000€393,335▲
Amounts receivable within one year40/41€1.2m€691,041▼
Trade receivables40€793,473€331,750▼
Other amounts receivable41€401,536€359,292▼
Cash at bank and in hand54/58-€152
Deferred charges and accrued income490/1-€28
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▼
Equity10/15€243,813€41,116▼
Contributions10/11€158,600€158,600=
Reserves13€85,213€85,213=
Non-distributable reserves130/1€3,000€3,000=
Reserves not available under the articles1311€3,000€3,000=
Distributable reserves133€82,213€82,213=
Profit (loss) carried forward14--€202,698
Amounts payable17/49€1.2m€1.3m▲
Amounts payable after more than one year17€359,185€239,185▼
Financial debts170/4€359,185€239,185▼
Amounts payable within one year42/48€806,077€1.1m▲
Current portion of amounts payable after more than one year42€65,377€88,921▲
Financial debts43€151,319€150,000▼
Credit institutions430/8€150,000€150,000=
Other loans439€1,319-
Trade debts44€386,906€495,773▲
Suppliers440/4€386,906€495,773▲
Taxes, remuneration and social security45€156,548€184,364▲
Taxes450/3€121,700€141,728▲
Remuneration and social security454/9€34,848€42,636▲
Other amounts payable47/48€45,927€182,218▲
Income statement Code20222023
Remuneration, social security and pensions62€175,119€258,732▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,609€19,653▼
Other operating charges640/8€5,055€7,800▲
Gross operating margin9900€225,113€146,486▼
Operating profit (loss)9901€20,330-€139,698▼
Financial income75/76B€353€6,329▲
Recurring financial income75€353€6,329▲
Financial charges65/66B€13,167€68,325▲
Recurring financial charges65€13,167€68,325▲
Profit (loss) for the period before taxes9903€7,517-€201,694▼
Income taxes67/77€4,469€1,004▼
Profit (loss) for the period9904€3,048-€202,698▼
Profit (loss) for the period to be appropriated9905€3,048-€202,698▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,048-€202,698▼
Transfer to equity691/2€3,048-
To other reserves6921€3,048-
Social balance
Average headcount (FTE)90873.03.0=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62--€131,912€175,119€258,732▲ 47.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,341€39,789€21,588€24,609€19,653▼ 20.1%
Other operating charges640/8--€4,343€5,055€7,800▲ 54.3%
Gross operating margin9900€248,789€287,768€199,648€225,113€146,486▼ 34.9%
Operating profit (loss)9901€63,115€13,122€41,804€20,330-€139,698▼ 787%
Financial income75/76B--€6,780€353€6,329▲ 1,694%
Recurring financial income75€771€1,327€1,780€353€6,329▲ 1,694%
Non-recurring financial income76B--€5,000---
Financial charges65/66B--€20,614€13,167€68,325▲ 419%
Recurring financial charges65€28,077€22,785€20,614€13,167€68,325▲ 419%
Profit (loss) for the period before taxes9903€35,809€11,664€27,971€7,517-€201,694▼ 2,783%
Income taxes67/77€201€821€6,912€4,469€1,004▼ 77.5%
Profit (loss) for the period9904€35,608€10,843€21,060€3,048-€202,698▼ 6,751%
Profit (loss) for the period to be appropriated9905€35,608€10,843€21,060€3,048-€202,698▼ 6,751%
Line20192020202120222023Change
Assets
Total assets20/58€1.3m€1.3m€1.4m€1.4m€1.4m▼ 2.0%
Fixed assets21/28€72,389€115,105€114,892€90,283€177,720▲ 96.8%
Intangible fixed assets21€28,714€81,968€87,636€53,024€149,172▲ 181%
Tangible fixed assets22/27€43,175€32,637€27,256€37,260€28,548▼ 23.4%
Plant, machinery and equipment23--€24,831€36,047€28,548▼ 20.8%
Furniture and vehicles24--€2,425€1,213--
Financial fixed assets28€500€500----
Current assets29/58€1.2m€1.2m€1.3m€1.3m€1.2m▼ 8.7%
Amounts receivable after more than one year29--€204,743---
Trade receivables290--€204,743---
Stocks and contracts in progress3€61,789€94,603€288,783€123,783€512,635▲ 314%
Stocks30/36--€88,783€88,783€119,300▲ 34.4%
Contracts in progress37--€200,000€35,000€393,335▲ 1,024%
Amounts receivable within one year40/41€1.0m€707,777€680,396€1.2m€691,041▼ 42.2%
Trade receivables40--€675,438€793,473€331,750▼ 58.2%
Other amounts receivable41--€4,958€401,536€359,292▼ 10.5%
Cash at bank and in hand54/58€40,769€37,057€89,197-€152-
Deferred charges and accrued income490/1----€28-
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€1.4m€1.4m€1.4m▼ 2.0%
Equity10/15€208,863€219,706€240,766€243,813€41,116▼ 83.1%
Contributions10/11€158,600-€158,600€158,600€158,600=
Reserves13€50,263€61,106€82,166€85,213€85,213=
Non-distributable reserves130/1--€3,000€3,000€3,000=
Reserves not available under the articles1311--€3,000€3,000€3,000=
Distributable reserves133--€79,166€82,213€82,213=
Profit (loss) carried forward14€77,451----€202,698-
Amounts payable17/49€1.0m€1.1m€1.1m€1.2m€1.3m▲ 15.0%
Amounts payable after more than one year17€218,808€338,808€465,216€359,185€239,185▼ 33.4%
Financial debts170/4--€465,216€359,185€239,185▼ 33.4%
Amounts payable within one year42/48€828,769€731,252€672,030€806,077€1.1m▲ 36.6%
Current portion of amounts payable after more than one year42--€24,043€65,377€88,921▲ 36.0%
Financial debts43--€150,000€151,319€150,000▼ 0.9%
Credit institutions430/8--€150,000€150,000€150,000=
Other loans439---€1,319--
Trade debts44€535,759€459,987€268,786€386,906€495,773▲ 28.1%
Suppliers440/4--€268,786€386,906€495,773▲ 28.1%
Taxes, remuneration and social security45--€137,083€156,548€184,364▲ 17.8%
Taxes450/3--€121,452€121,700€141,728▲ 16.5%
Remuneration and social security454/9--€15,631€34,848€42,636▲ 22.3%
Other amounts payable47/48--€92,118€45,927€182,218▲ 297%
Line20192020202120222023Change
Profit (loss) for the period9904€35,608€10,843€21,060€3,048-€202,698▼ 6,751%
+ Depreciation and write-downs630€44,341€39,789€21,588€24,609€19,653▼ 20.1%
Operating cash flow (approximation)€79,949€50,631€42,647€27,657-€183,045▼ 762%
Investment in fixed assets (approximation)--€82,505-€21,375-€0-€107,089▼ 1,070,891,200%
Change in cash--€3,713€52,140---

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
01-08
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 28-07-2025
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet -€202,698
Net result drops to -€202,698, the lowest in the series.
11-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 72 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
19-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 111 days late
2019
31-12
Financial Back to profitnet €35,608
Net result €35,608 after one loss-making year.
31-12
Financial Equity above €200,000Eq €208,863 ▲20.6%
Equity rises from €173,255 to €208,863.
14-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
08-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 100 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-07
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 5 acts read
About the unread acts

We know of 5 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
5 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, Heist-op-den-Berg · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3,428 m²
Building footprint
1,615 m²
Volume, LiDAR
154 m³
Parcel 12014K1053/00K000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
FLEMAC
Knotwilgenweg 7, 2220 Heist-op-den-BergManufacture of fabricated metal products, except machinery and equipment
since 20102.193.306.887
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12014K1053/00K000 Flanders 3,428 m² 1 · 1,615 m² 5.0 m
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 NANCY VANNUETEN
LIERBAAN 209, 2580 PUTTE-
28-07-2025 → present

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Recognitions · licences · registrations

Dual-learning approval

3 ended
Administratief medewerker (so)
ended · 2019 to 2024
Polyvalent administratief ondersteuner (vwo)
ended · 2019 to 2024
Polyvalent administratief ondersteuner duaal (so)
ended · 2019 to 2024

Similar companies · same sector, comparable size

Of 151 companies in sector 46644 we hold annual accounts for 114. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded24-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
46644Wholesale trade
25999Manufacture of fabricated metal products, except machinery and equipment
30990Manufacture of other transport equipment
Contact
E-mail info@flemac.comHeist-op-den-Berg
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.