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GATELER

Open bankruptcy
Public limited companyfounded 2008Charles Thielemanslaan 2, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0806.282.806

A bankruptcy procedure is open for GATELER according to publications in the Belgian State Gazette; curator: GUILLAUME STOOP.

Summary

The 2021 annual accounts show equity of €530,550 and a net result of -€506,924.

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
French-language Enterprise Court of Brussels
Declared bankrupt
15 November 2021
Supervising judge
Geoffroy Dumont De Chassart
Official Gazette
18-11-2021 (pdf) ↗search the document for 2021/140533

Deadlines

Appeal or third-party opposition until
passed on 3 December 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 15 December 2021art. XX.104 and XX.155 CEL
First verification report
passed on 22 December 2021Goods 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 15 November 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

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.

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
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 31-03-2021 was due by 31-10-2021 and was filed on 04-11-2021, 4 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
4 d late
2020
1 d early
2019
305 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 103 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 10 September 2008, GATELER was incorporated.1 Total assets went from EUR 2.1 million in 2019 to EUR 1.5 million in 2021.2 The company was declared bankrupt on 15 November 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 18-11-2021

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
€530,550▼ 48.9%
2020 · €1.0m
Total assets
€1.5m▼ 24.7%
2020 · €2.1m
Net result
-€506,924▼ 399%
2020 · -€101,570
Working capital
-€491,047▼ 4.6%
2020 · -€469,321
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result-€6,628--€33,043▼ 399%-€1,026▲ 96.9%
Net result€2,427--€101,570below the sector's middle half-€506,924below the sector's middle half▼ 399%
Equity€1.1m-€1.0mwithin the sector's middle half▼ 8.9%€530,550within the sector's middle half▼ 48.9%
Total assets€2.1m-€2.1mwithin the sector's middle half▼ 3.8%€1.5mwithin the sector's middle half▼ 24.7%
Debt€601,491-€1.0m▲ 68.5%€1.0m=
Working capital€22,581--€469,321below the sector's middle half-€491,047below the sector's middle half▼ 4.6%
Solvency53.4%-50.6%within the sector's middle half▼ 2.8pp34.4%within the sector's middle half▼ 16.2pp
Current ratio1.27-0.05below the sector's middle half▼ 1.220.02below the sector's middle half▼ 0.03
Return on assets (ROA)0.1%--5.0%below the sector's middle half▼ 5.1pp-32.8%below the sector's middle half▼ 27.9pp
Staff (FTE)0.9below the sector's middle half
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2019: -€6,628-€6,628Net result 2019: €2,427€2,427Operating result 2020: -€33,043-€33,043Net result 2020: -€101,570-€101,570Operating result 2021: -€1,026-€1,026Net result 2021: -€506,924-€506,924201920202021-€600,000-€400,000-€200,000€0Operating result 2019: -€6,628-€6,630Net result 2019: €2,427€2,430Operating result 2020: -€33,043-€33,000Net result 2020: -€101,570-€102,000Operating result 2021: -€1,026-€1,030Net result 2021: -€506,924-€507,000201920202021
The operating result stays negative: a loss of €1,026 in 2021 against €33,043 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.5m
Fixed assets €1.5m ▼ 24.3%
Current assets €8,966 ▼ 64.1%
Equity and liabilities €1.5m
Equity €530,550 ▼ 48.9%
Debt €1.0m =
Debt's share of the balance-sheet total rises from 49.4% to 65.6%. Equity is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€487
Cash flow
-€506,385
Debt to equity
0.96▲
2020 · 0.49
ROE
-95.5%▼
2020 · -9.8%
Debt ≤ 1 year
€500,012▲
2020 · €494,321
Debt > 1 year
€508,860=
2020 · €508,860
Income taxes
€2,105▼
2020 · €409,382
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 · 2021 against 2020 · 24 lines
Balance sheet Code20202021
Assets
Total assets20/58€2.1m€1.5m▼
Fixed assets21/28€2.0m€1.5m▼
Tangible fixed assets22/27-€8,561
Financial fixed assets28€2.0m€1.5m▼
Current assets29/58€25,001€8,966▼
Amounts receivable within one year40/41€19,314€6,495▼
Cash at bank and in hand54/58€5,624€2,374▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.5m▼
Equity10/15€1.0m€530,550▼
Reserves13€5,299€5,299=
Profit (loss) carried forward14€532,175€25,251▼
Amounts payable17/49€1.0m€1.0m=
Amounts payable after more than one year17€508,860€508,860=
Amounts payable within one year42/48€494,321€500,012▲
Trade debts44€6,364€19,592▲
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€539
Gross operating margin9900-€27,672€44,851▲
Operating profit (loss)9901-€33,043-€1,026▲
Recurring financial income75€239€2▼
Recurring financial charges65€7,505€3,795▼
Profit (loss) for the period before taxes9903-€84,415-€504,819▼
Income taxes67/77€409,382€2,105▼
Profit (loss) for the period9904-€101,570-€506,924▼
Profit (loss) for the period to be appropriated9905€660,151-€506,924▼
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€539-
Gross operating margin9900-€4,709-€27,672€44,851▲ 262%
Operating profit (loss)9901-€6,628-€33,043-€1,026▲ 96.9%
Recurring financial income75€4€239€2▼ 99.2%
Recurring financial charges65€2,524€7,505€3,795▼ 49.4%
Profit (loss) for the period before taxes9903€8,262-€84,415-€504,819▼ 498%
Income taxes67/77€5,835€409,382€2,105▼ 99.5%
Profit (loss) for the period9904€2,427-€101,570-€506,924▼ 399%
Profit (loss) for the period to be appropriated9905€2,427€660,151-€506,924▼ 177%
Line201920202021Change
Assets
Total assets20/58€2.1m€2.1m€1.5m▼ 24.7%
Fixed assets21/28€2.0m€2.0m€1.5m▼ 24.3%
Tangible fixed assets22/27--€8,561-
Financial fixed assets28€2.0m€2.0m€1.5m▼ 24.7%
Current assets29/58€106,902€25,001€8,966▼ 64.1%
Amounts receivable within one year40/41€71,558€19,314€6,495▼ 66.4%
Cash at bank and in hand54/58€35,344€5,624€2,374▼ 57.8%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m€1.5m▼ 24.7%
Equity10/15€1.1m€1.0m€530,550▼ 48.9%
Contributions10/11€500,000---
Reserves13€767,020€5,299€5,299=
Profit (loss) carried forward14-€127,976€532,175€25,251▼ 95.3%
Provisions and deferred taxes16€392,227---
Amounts payable17/49€601,491€1.0m€1.0m=
Amounts payable after more than one year17€508,860€508,860€508,860=
Amounts payable within one year42/48€84,321€494,321€500,012▲ 1.2%
Trade debts44€41,575€6,364€19,592▲ 208%
Line201920202021Change
Profit (loss) for the period9904€2,427-€101,570-€506,924▼ 399%
+ Depreciation and write-downs630--€539-
Operating cash flow (approximation)€2,427-€101,570-€506,385▼ 399%
Investment in fixed assets (approximation)-€0€490,738-
Change in cash--€29,720-€3,250▲ 89.1%

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

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Timeline · acts, filings and financial milestones

2021
18-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-11-2021
04-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
31-03
Financial Weakest financial yearnet -€506,924
Net result drops to -€506,924, the lowest in the series.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 305 days late
2019
12-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 104 days late
2017
14-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2016
08-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
19-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
30-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
28-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts

We know of 15 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
15 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, Sint-Pieters-Woluwe · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
502 m²
Parcel 21019A0095/00A003, Brussels. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ERGATEL
Charles Thielemanslaan 2, 1150 Sint-Pieters-WoluweWholesale trade
since 20082.173.060.910
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21019A0095/00A003 Brussels 502 m² - -
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 GUILLAUME STOOP
GALERIE DU ROI 27, 1000 BRUXELLES 1
15-11-2021 → present

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 1,945 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
Founded10-09-2008
Fiscal year end31-03
Activities, NACEBEL 2025
82100Office administrative and support services
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 28 September 2026 · Peppol Directory

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