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GATELER

In bankruptcy Public limited companyfounded 2008Charles Thielemanslaan 2, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0806.282.806

Overview

Information for creditors

French-language Enterprise Court of Brussels · Official Gazette of 18-11-2021
Appeal or third-party opposition 03-12-2021Filing the claim in RegSol 15-12-2021First verification report 22-12-2021Late claim 15-11-2022

Trustee: Guillaume Stoop. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

12 annual accounts with figures on one time axis
peak €1.1m (2016)
€44,851▲ €72,523
lowest -€506,924 (2021)
-€506,924▼ €405,354
peak €1.1m (2019)
€530,550▼ 48.9%
€1.0munchanged
peak 10.9 FTE (2016)
0.9 FTE 
Owners
  
Documentsfilings and deeds
04-11-20214 days late
2021abbreviated format
Bankruptcy published 18-11Gross margin from -€27,672 to €44,851Loss of €506,924Equity from €1.0m to €530,550Cash from €5,624 to €2,374

Key points

from the 2021 annual accounts, the last ones filed

Result

-€506,924 ▼ 399%
-€102,0002020-€507,0002021

The result fell in 2021 from -€101,570 to -€506,924.

Staff

0.9 FTE from 10.9 in 2016

Between 2016 and 2021, 92% of the full-time equivalents disappeared.

Filings

12 annual accounts since 2010
deadline201020152020

Five of the last ten came late. The 2019 accounts came latest: 305 days after the end of the period.

No score

Recent changes

Bankruptcy published French-language Enterprise Court of Brussels · judgment of 15-11-2021 · Bankruptcy
First establishment ERGATEL, Charles Thielemanslaan 2, Woluwe-Saint-Pierre
Incorporation 17 publications in the Belgian Official Gazette, the last on 22-03-2019 · published on 19-09-2008 · Gazette deed
All 22 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 15-11-2021
Activity
Office administrative and support servicesNACE 82100
Establishment unit
2.173.060.9101150 Woluwe-Saint-Pierre, since 11-09-2008
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2021

€44,851
≈ €89,000estimated
€506,924▲ 399%
€530,550▼ 48.9%
€1.5m▼ 24.7%
0.9 FTE
Filing
Filed on 04-11-2021
Financials

Insights on GATELER

Equity fell from €1.1m in 2019 to €530,550 in 2021, while debts rose from €601,491 to €1.0m.

On 15 November 2021 the court declared GATELER bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

abbreviated format, filed on 04-11-2021, 4 days late
€44,851
▲ €72,523
-€1,026
▲ €32,017
-€487
-€506,385
34.4%
▼ 16.2 percentage points
0.02
▼ 0.03

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €89,000. Estimated: probably between €70,000 and €130,000.

Money flows

no detail for 2021

Balance sheet

balance sheet total €1.5m on 31-03-2021
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

34.4%

Higher than 43% of 1,928 companies in 2021.

0.02

Lower than 95% of 1,855 companies in 2021.

-32.8%

Lower than 95% of 1,895 companies in 2021.

GATELER Middle half of the sector 80% of the sector Abbreviated accounts in office administrative support (NACE 82)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: bottom quarter

Staff

€44,005

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2021, 3 people joined and 2 left. Training hours in 2021: 35.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 1.5m2.1m2.1m1.6m2.7m1.9m1.2m1.1m1.1m935,1991.1m1.0m
21/28 1.5m2.0m2.0m26,83739,689640,818569,614579,418636,178648,421536,393472,709
21 -----151,811165,435244,673323,910314,506212,900238,350
22/27 8,561--26,83739,689489,008404,179332,443309,965332,182323,493234,206
23 8,561----216,784165,133108,326167,950223,651239,601196,208
24 ---3,5136,03360,70149,37131,83622,43125,45328,98729,194
26 -----119,366162,277146,624119,58483,07854,9048,804
28 1.5m2.0m2.0m----2,3032,3031,733-153
29/58 8,96625,001106,9021.6m2.7m1.3m621,059532,465420,059286,778530,927557,990
3 -----22,96748,02725,8102,2182,2183,7631,907
30/36 -----22,96748,02725,8102,2182,2183,7631,907
40/41 6,49519,31471,55864,7082.6m951,505543,666469,657358,700178,435313,482236,311
40 07718,89611,0722.4m879,782543,666469,657358,700167,641281,451222,013
41 6,49519,23752,66253,637173,26271,722---10,79432,03114,299
54/58 2,3745,62435,3441.5m100,348280,23229,36636,99731,75775,721185,447294,008
490/1 9763-6,46752345,295--27,38430,40428,23525,764
Balance sheet: equity and liabilities
10/49 1.5m2.1m2.1m1.6m2.7m1.9m1.2m1.1m1.1m935,1991.1m1.0m
10/15 530,5501.0m1.1m1.1m1.0m364,808354,524306,326313,843285,665363,119505,977
10/11 500,000-500,000500,000500,000500,000500,000500,000500,000500,000500,000400,000
100 --500,000500,000500,000500,000500,000500,000500,000500,000500,000400,000
11 500,000500,000----------
1100/10 500,000500,000----------
13 5,2995,299767,020767,020767,0205,2995,2995,2995,2995,2995,299105,299
130/1 5,2995,299----------
130 --5,2995,2995,2995,2995,2995,2995,2995,2995,2995,299
1311 5,299-----------
1319 -5,299----------
132 --761,721761,721761,721-------
133 -----------100,000
14 25,251532,175-127,976-130,403-231,798-140,491-150,775-198,973-191,456-219,634-142,180678
16 --392,227450,974592,151-------
160/5 ---58,747199,924-------
164/5 ---58,747199,924-------
168 --392,227392,227392,227-------
17/49 1.0m1.0m601,49142,3021.1m1.6m836,149805,558742,395649,535704,201524,722
17 508,860508,860508,86024,266257,103414,719209,46393,85756,169110,245130,667177,667
170/4 ---24,266257,103414,719209,46393,85756,169110,245130,667177,667
178/9 508,860508,860508,860---------
42/48 500,012494,32184,32118,036850,1051.1m583,403626,998587,779485,056521,767312,342
42 ----141,325197,626122,44596,59169,12054,07659,57347,000
43 -----100,000100,000100,00075,000--18,952
430/8 -----100,000100,000100,00075,000--18,952
44 19,5926,36441,57518,036707,499666,415272,693358,608397,683355,534414,731219,178
440/4 19,5926,36441,57518,036707,499666,415272,693358,608397,683355,534414,731219,178
45 429,242420,355--1,281144,76488,26571,79945,97775,44647,46327,212
450/3 410,903409,382--34741,62988,265--6,8234,95411,077
454/9 18,33910,973--934103,135-71,79945,97768,62342,50916,135
47/48 51,17867,60242,746---------
492/3 4,12610,2058,310--52,48543,28384,70398,44754,23451,76734,713
Income statement
70 --------2.1m---
76A 194,0554,5056,060-1.2m38,441--678---
9900 44,851-27,672-4,709314,464645,1121.1m881,047682,191612,597451,500419,105355,914
60/61 --------1.5m---
62 39,605---529,144726,400537,332385,267357,108354,342272,57792,447
630 539--15,49819,340313,407254,064229,110197,585167,706114,61667,789
631/4 ---129,49031,92519,845----26,38425,811
635/8 ----141,177199,924-------
640/8 05,371868217,09618,60416,33818,62113,91416,3008,34895,9151,536
66A 5,73448,6111,051-1,705-1,45846,413--50,414-
9901 -1,026-33,043-6,62893,557-153,825-12,69271,03053,90141,603-78,895-90,387168,332
75/76B 24,74417,51416,3501.3m21,1937066212,13236,5416,6992,156
75 223949,65768,69521,1937066212,13236,5416,6992,156
76B -4,50517,5106,6931.2m-------
65/66B 503,79556,1162,6248,37343,28436,65822,07915,62115,68734,96615,07410,220
65 3,7957,5052,5247,57341,57936,65822,07915,62115,68734,96615,07410,220
66B 500,00048,6111008001,705-------
9903 -504,819-84,4158,262101,5341.1m10,28448,198-7,51328,726-77,320-149,177160,268
67/77 2,105409,3825,835139---4-130134-6,31854,291
9904 -506,924-101,5702,427101,395670,41410,28448,198-7,51728,856-77,454-142,858105,977
789 0761,721----------
689 ----761,721-------
9905 -506,924660,1512,427101,395-91,30710,28448,198-7,51728,856-77,454-142,858105,977
Appropriation of the result
9906 25,251532,175-127,976-130,403-231,798-140,491-150,775-198,973-191,456-219,634-142,180105,977
691/2 -----------105,299
6920 -----------5,299
6921 -----------100,000
Social balance sheet
9087 0.9---6.910.98.77.25.64.53.42
Hours worked1013 1,740---11,83318,24513,57911,9438,8757,9205,9763,516
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2021 (PDF), filed on 04-11-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 4 days after the deadline. Filed on 4 November 2021, deadline 31 October 2021 (7 months after the close on 31 March 2021, Companies Code art. 3:10). Source: NBB, 2021-76500243.

Financial year Type Filed Reference Document
31-03-2021 abbreviated format 04-11-2021 2021-76500243 PDF
31-03-2020 abbreviated format 30-10-2020 2020-67500278 PDF
31-03-2019 abbreviated format 31-08-2020 2020-51100565 PDF
31-03-2018 micro format 12-02-2019 2019-05100005 PDF
31-03-2017 abbreviated format 14-11-2017 2017-69700254 PDF
31-03-2016 abbreviated format 08-09-2016 2016-59400229 PDF
31-03-2015 abbreviated format 30-09-2015 2015-61100401 PDF
31-03-2014 abbreviated format 19-09-2014 2014-58900114 PDF
31-03-2013 abbreviated format 30-09-2013 2013-59900474 PDF
31-03-2012 abbreviated format 28-11-2012 2012-65000275 PDF
31-03-2011 abbreviated format 31-10-2011 2011-59500310 PDF
31-03-2010 abbreviated format 18-10-2010 2010-58000091 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202120202019201820172016201520142013201220112010
-487--109,055-134,485300,715325,094283,010239,18888,81124,228236,121
-506,385--116,893689,755323,691302,263221,593226,44190,252-28,243173,766
9,262-2.0m3,5801,400408,722246,563172,350185,342278,495177,594536,821
-3,250-29,720-1.5m1.4m-179,884250,866-7,6315,240-43,964-109,726-108,561-
-491,047-469,32122,5811.6m1.8m191,19337,656-94,533-167,720-198,2789,160245,648
--------2.0%---
34.4%50.6%53.4%69.7%37.9%18.8%29.8%27.6%29.7%30.5%34.0%49.1%
0.020.051.2788.883.171.171.060.850.710.591.021.79
0.020.051.2788.883.171.150.980.810.710.591.011.78
1.910.980.530.041.074.322.362.632.372.271.941.04
-95.5%-9.8%0.2%8.9%64.8%2.8%13.6%-2.5%9.2%-27.1%-39.3%20.9%
-32.8%-5.0%0.1%6.2%24.5%0.5%4.0%-0.7%2.7%-8.3%-13.4%10.3%
--------63 days---
--------99 days---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on GATELER

The operating result for 2021 is a loss of €1,026, smaller than the loss of €33,043 in 2020.

Debt's share of the balance-sheet total rises from 49.4% to 65.6%. Equity is lower.

Large changes and their cause
  • 2018 Net result -85% on 2017. The accounts now follow the micro format, last year the abbreviated format.

Board & ownership

Curator

the curator has managed the company since 15-11-2021
Curator, Galerie Du Roi 27, 1000 Bruxelles 1
Also on 164 other cases

Control

Shareholder in 2020
100%
This company
GATELER
Equity €530,550
Loss €506,924 in 2021

Capital

Capital
€500,000
Source
2019 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own accounts to 31-03-2020
This companyGATELER1 holding, 1 country accounts to 31-03-2020

Belgium 1 Equity Result

Source: list of holdings in its own 31-03-2020 accounts. Every holding stands with its own latest accounts.

At the same address

Charles Thielemanslaan 2, 1150 Woluwe-Saint-Pierre · 2 other companies
MYNTRIK PROPERTIES
registered office since 01-04-1965 · founded in 1968
total assets €3.2m (2020)
0405.764.163
LOUISE FINANCE
registered office since 05-05-2004 · founded in 2004
0.9 FTE (2020)
0865.132.211

Holdings through the years

2019 to 2020
Holdings through the years
Name20192020
MYNTRIK PROPERTIES 66%

Source: list of holdings in its own accounts

Connections & network

Timeline

Timeline

22 events since 2008
2021
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 15-11-2021
Annual accounts 2021 filed PDFabbreviated format · 4 days late
Weakest financial year net -€506,924 The net result drops to -€506,924, the lowest from 2010 to 2021.
2020
Annual accounts 2020 filed PDFabbreviated format · 1 day before the deadline
Annual accounts 2019 filed PDFabbreviated format · 305 days late
2019
Annual accounts 2018 filed PDFmicro format · 104 days late
2018
Liquidity times 28 current ratio 88.88 The current ratio rises from 3.17 to 88.88. Short-term debt falls from €850,105 to €18,036.
2017
Annual accounts 2017 filed PDFabbreviated format · 14 days late
Highest result from 2010 to 2021 net €670,414 ▲6,419% The net result of €670,414 is the highest of those years.
Liquidity more than doubled current ratio 3.17 The current ratio rises from 1.17 to 3.17. Short-term debt falls from €1.1m to €850,105.
Equity above €1m equity €1.0m ▲184% After 3 profitable years in a row, equity reaches €1.0m.
2016
Annual accounts 2016 filed PDFabbreviated format · 53 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
Back to profit net €48,198 The net result is €48,198, after one loss-making year.
2014
Annual accounts 2014 filed PDFabbreviated format · 42 days before the deadline
2013
Annual accounts 2013 filed PDFabbreviated format · 31 days before the deadline
Back to profit net €28,856 The net result is €28,856, after 2 loss-making years.
2012
Annual accounts 2012 filed PDFabbreviated format · 28 days late
2011
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2010
Annual accounts 2010 filed PDFabbreviated format · 13 days before the deadline
2008
First establishment ERGATEL, Charles Thielemanslaan 2, Woluwe-Saint-Pierre
Incorporation PDF17 publications in the Belgian Official Gazette, the last on 22-03-2019 · published on 19-09-2008

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 September 2008, GATELER was incorporated.1 Total assets went from €2.1m in 2019 to €1.5m in 2021.2 The company was declared bankrupt on 15 November 2021.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian Official Gazette, 18-11-2021

Company details

Identity

Enterprise number
0806.282.806
VAT number
BE 0806.282.806
Legal form
Public limited company
Status
In bankruptcy, since 15-11-2021
Founded
10-09-2008
Financial year
ends on 31 March
Peppol
Not found in the Peppol Directory
Name
GATELER in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
82110 Office administrative, office support and other business support activities main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
ERGATEL registered office Charles Thielemanslaan 2, 1150 Woluwe-Saint-Pierre 46150 Agents in the wholesale of furniture, household goods and hardware 11-09-2008 2.173.060.910

Buildings and parcels at the address

Ground area
502 m²

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21019A0095/00A003502 m² - -