GAMMO
Open bankruptcyA bankruptcy procedure is open for GAMMO according to publications in the Belgian State Gazette; curator: ALAIN CLEYMAN.
Summary
The 2017 annual accounts show equity of €52,039 and a net result of -€155,959.
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, Dendermonde division
- Declared bankrupt
- 7 January 2019
- Supervising judge
- Harry Cornelis
- Official Gazette
- 15-01-2019 (pdf) ↗search the document for 2019/101345
Deadlines
- Provisional date payments stopped
- 7 January 2019A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 30 January 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 February 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 15 February 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 7 January 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Alain CleymanPr. Jos. Charlottelaan 71, 9100 Sint-Niklaasalain.cleyman@mc2-advocaten.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 31-12-2017 was due by 31-07-2018 and was filed on 18-07-2018, 13 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
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 1 day before the deadline, and 42% 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 Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, abbreviated schema
Turnover
€1.8m▲ 21.1%
2016 · €1.5m
EBIT margin
-8.7%▼ 21.2pp
2016 · 12.5%
Net result
-€155,959
2016 · €112,517
Working capital
-€14,176
2016 · €155,751
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
Line2014201520162017
Turnover€1.5m€1.8m▲ 21.1%
Operating result€96,057-€59,746▼ 37.8%€182,184▲ 205%-€153,599
Net result€60,658-€33,123▼ 45.4%€112,517▲ 240%-€155,959
EBIT margin12.5%-8.7%▼ 21.2pp
Equity€62,358-€95,481▲ 53.1%€207,998▲ 118%€52,039▼ 75.0%
Total assets€153,279-€232,415▲ 51.6%€780,228▲ 236%€881,491▲ 13.0%
Debt€90,921-€136,934▲ 50.6%€572,230▲ 318%€829,452▲ 45.0%
Working capital€38,734-€62,739▲ 62.0%€155,751▲ 148%-€14,176
Staff (FTE)4.1-12▲ 193%
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 turns negative in 2017: a loss of €153,599 after €182,184 in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €881,491
Fixed assets
€68,457 ▼ 21.6%
Current assets
€813,034 ▲ 17.3%
Equity and liabilities €881,491
Equity
€52,039 ▼ 75.0%
Debt
€829,452 ▲ 45.0%
Debt's share of the balance-sheet total rises from 73.3% to 94.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€123,553▼
2016 · €215,207
Cash flow
-€125,912▼
2016 · €145,539
Current ratio
0.98▼
2016 · 1.29
ROE
-299.7%▼
2016 · 54.1%
ROA
-17.7%▼
2016 · 14.4%
Debt ≤ 1 year
€827,209▲
2016 · €537,130
Income taxes
€702▼
2016 · €67,497
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 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €1.5m | €1.8m | ▲ 21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,138 | €23,797 | €33,022 | €30,046 | ▼ 9.0% |
| Gross operating margin9900 | €244,254 | €528,996 | €904,551 | €780,704 | ▼ 13.7% |
| Operating profit (loss)9901 | €96,057 | €59,746 | €182,184 | -€153,599 | ▼ 184% |
| Recurring financial income75 | €0 | €89 | €0 | €76 | ▲ 21,511% |
| Recurring financial charges65 | €44 | €875 | €2,171 | €1,733 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | €96,014 | €58,960 | €180,014 | -€155,257 | ▼ 186% |
| Income taxes67/77 | €35,355 | €25,838 | €67,497 | €702 | ▼ 99.0% |
| Profit (loss) for the period9904 | €60,658 | €33,123 | €112,517 | -€155,959 | ▼ 239% |
| Profit (loss) for the period to be appropriated9905 | €60,658 | €33,123 | €112,517 | -€155,959 | ▼ 239% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €153,279 | €232,415 | €780,228 | €881,491 | ▲ 13.0% |
| Fixed assets21/28 | €23,625 | €32,742 | €87,347 | €68,457 | ▼ 21.6% |
| Tangible fixed assets22/27 | €23,625 | €32,742 | €87,347 | €68,457 | ▼ 21.6% |
| Current assets29/58 | €129,655 | €199,673 | €692,881 | €813,034 | ▲ 17.3% |
| Amounts receivable within one year40/41 | €87,742 | €117,272 | €486,866 | €811,752 | ▲ 66.7% |
| Cash at bank and in hand54/58 | €41,912 | €82,401 | €206,015 | €1,087 | ▼ 99.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €153,279 | €232,415 | €780,228 | €881,491 | ▲ 13.0% |
| Equity10/15 | €62,358 | €95,481 | €207,998 | €52,039 | ▼ 75.0% |
| Contributions10/11 | €1,700 | €1,700 | €1,700 | €1,700 | = |
| Reserves13 | €1,700 | €1,700 | €1,700 | €1,700 | = |
| Profit (loss) carried forward14 | €58,958 | €92,081 | €204,598 | €48,639 | ▼ 76.2% |
| Amounts payable17/49 | €90,921 | €136,934 | €572,230 | €829,452 | ▲ 45.0% |
| Amounts payable after more than one year17 | - | - | €33,800 | - | - |
| Amounts payable within one year42/48 | €90,921 | €136,934 | €537,130 | €827,209 | ▲ 54.0% |
| Trade debts44 | €37,458 | €75,644 | €440,372 | €701,671 | ▲ 59.3% |
| Line | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,658 | €33,123 | €112,517 | -€155,959 | ▼ 239% |
| + Depreciation and write-downs630 | €21,138 | €23,797 | €33,022 | €30,046 | ▼ 9.0% |
| Operating cash flow (approximation) | €81,796 | €56,919 | €145,539 | -€125,912 | ▼ 187% |
| Investment in fixed assets (approximation) | - | -€32,914 | -€87,627 | -€11,157 | ▲ 87.3% |
| Change in cash | - | €40,489 | €123,614 | -€204,928 | ▼ 266% |
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
2019
15-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 07-01-2019
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-12
Financial
Weakest financial yearnet -€155,959
Net result drops to -€155,959, the lowest in the series.
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 136 days late
2016
31-12
Financial
Highest result since 2014net €112,517 ▲240%
Operating result €182,184, net result €112,517, both a record.
31-12
Financial
Equity above €200,000Eq €207,998 ▲118%
3 profitable years in a row build equity to €207,998.
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 42 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hamme (Vl.) · 1 establishment unit since 2013
Ground area
255 m²
Building footprint
77 m²
Volume, LiDAR
456 m³
Parcel 42452B1060/00N000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GAMMO
since 20132.223.595.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452B1060/00N000 | Flanders | 255 m² | 1 · 77 m² | 9.1 m · 2 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 | ALAIN CLEYMAN PR. JOS. CHARLOTTELAAN 71,
9100 SINT-NIKLAAS |
07-01-2019 → present |
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,115 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)
Founded07-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
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.