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HAMON RESEARCH-COTTRELL

Open bankruptcy
Public limited companyfounded 1929Rue André Dumont 6, 1435 Mont-Saint-Guibert, BelgiumKBO/BCE: BE 0401.881.292
Summary

A bankruptcy procedure is open for HAMON RESEARCH-COTTRELL according to publications in the Belgian Official Gazette. The 2020 annual accounts show negative equity (-€509,788) and a net result of -€3.5m.

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HAMON RESEARCH-COTTRELLOpen bankruptcy
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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 Walloon Brabant
Declared bankrupt
25 April 2022
Supervising judge
Marc-Antoine De Schoutheete De Tervarent
Official Gazette
29-04-2022 (pdf) ↗search the document for 2022/115343

Deadlines

Appeal or third-party opposition until
passed on 14 May 2022Fifteen 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 25 May 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 13 June 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 25 April 2023A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustees

What to do now

  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.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

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

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25220
1 site
Size
€7.6mturnover 2020
Staff
8.2 FTE
Equity
-€509,788
Loss
-€3.5m
Financial health
Open bankruptcy: no score
Structure
Parent
Hamon & Cie (International)
0 of 43 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 19-08-2021, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2020
19 days late
2019
46 days early
2018
76 days early
2017
74 days early
2016
63 days early
2015
68 days early
2014
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 50 days before the deadline; the sector median (NACE 25) for financial year 2020 is 3 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Supervising judge replacedEnterprise Court of Walloon Brabant…
  2. OpeningEnterprise Court of Walloon Brabant…
  3. Annual accounts filedfinancial year 2020 · full…

Key points

  • Risk: Declared bankrupttrustee: Bernard Vanham 25-04-2022 View
  • Controlled by Hamon & Cie (International) parent View
  • Caution: From profit to loss in 2020after €6.7m in 2019 -€3.5m View

By topic

Financials

Financial year
2020
Turnover
€7.6m
Loss
-€3.5m
Solvency
-3.0%
Turnover▼ 27.8%
Net result
20182020
Go to Financials

Timeline

Events
48
Since
1978
  1. 31-12-2020Weakest financial year
  2. 15-06-2020Annual accounts filed
  3. 31-12-2019Highest result from 2018 to 2020
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25220
Founded
16-10-1929
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Are there other customers at risk in your own list?Process a list How is the manufacture of fabricated metal products, except machinery and equipment sector doing?Sector figures

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

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