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H & M Group

Open bankruptcy
Private limited companyfounded 2012KBO/BCE: BE 0848.877.880

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

A bankruptcy procedure is open for H & M Group according to publications in the Belgian Official Gazette. The file additionally contains 1 administrative flag. The 2018 annual accounts show equity of €59,566 and a net result of €31,752.

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H & M GroupOpen bankruptcy
Report

Information for creditors

Open bankruptcy Source: Belgian Official Gazette

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.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
31 March 2022
Supervising judge
Hilde Claes
Official Gazette
06-04-2022 (pdf) ↗search the document for 2022/112708

Deadlines

Provisional date payments stopped
31 March 2022A later judgment can still change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 21 April 2022That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 30 April 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 May 2022Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 31 March 2023A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law

Trustees

  • Bert VandenreytPaalsesteenweg 133, 3583 05 Beringen-Paalbert.vandenreyt@advocom.be
  • Ann NoePaal- Sesteenweg 133, 3583 05 Beringen-Paalann.noe@advocom.be

Next steps

  1. The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol. The trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.

A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy and you are notified the next morning if it is closed or reversed.

This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Official details

KBO
Status
Active since 21-09-2012 Open bankruptcy
Legal form
Private limited company
Activity
Other building finishing work NACE 43350and 5 others
Establishment unit
2.240.085.633 since 09-03-2015
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Board and ownership

Board
Office holders in the KBO
Board & ownership

Financial position

Open bankruptcy: no score
Annual accounts 2018
Gross margin
€43,688
Turnover
≈ €260,000
estimated
Profit
€31,752
Equity
€59,566
Total assets
€336,632
Filed on 10-03-2020PDF
Financials
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about H & M Group

What is the company number of H & M Group?
The company number of H & M Group is 0848.877.880. The VAT number is the same number with BE in front: BE 0848.877.880.
What does H & M Group do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of H & M Group?
The legal form of H & M Group is Private limited company (BV).
When was H & M Group founded?
H & M Group was founded on 21-09-2012.
Is H & M Group still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
What is the turnover of H & M Group?
The turnover in financial year 2018 is ≈ €260,000. This figure is estimated from the gross margin of €43,688 and 87 comparable companies (NACE 433). It probably lies between €180,000 and €440,000.Financials
Is H & M Group profitable?
In financial year 2018, H & M Group made a profit of €31,752.
Where can I find the annual accounts of H & M Group?
H & M Group filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2018.Annual accounts 2018 (PDF)

Comparable companies

These companies have the same main activity as H & M Group: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €280,000 and €354,000, founded between 2010 and 2014.

CompanyTotal assetsGross margin
H & M Group€336,632€43,688
DAVASTI Wijnegem€340,292€42,162
POLTATRA Wevelgem€354,228€53,505
G.W.D. Maarkedal€317,439€50,416
CALAGO Namur€309,105€36,251
STEVE VERHAEGHE Gistel€348,071€49,032
YUSPROC Genk€280,049€45,471
Full comparison

Next steps

See who ran this company and where it was based, on a date before it ended.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the other building finishing work sector is doing.Sector figures

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

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