HANDYMAN
Bankruptcy closedInactive since 23-04-2026; last annual accounts for fiscal year 2022.
Summary
HANDYMAN was declared bankrupt on 25-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 21-04-2026, published in the Belgian State Gazette on 24-04-2026.
Signals
Two 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 31-12-2022 was due by 31-07-2023 and was filed on 01-06-2023, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
60 d early
2021
69 d early
2020
12 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 39 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide 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 retail sale of new goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
€457,299▼ 38.2%
2021 · €739,581
Total assets
€748,030▼ 30.6%
2021 · €1.1m
Net result
-€282,282
2021 · €39,066
Working capital
€459,710▼ 40.8%
2021 · €776,421
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20182019202020212022
Operating result€349,206-€293,696▼ 15.9%€298,785▲ 1.7%€91,234▼ 69.5%-€266,113
Net result€218,690-€178,591▼ 18.3%€193,325above the sector's middle half▲ 8.3%€39,066within the sector's middle half▼ 79.8%-€282,282below the sector's middle half
Equity€528,599-€507,190▼ 4.1%€700,515above the sector's middle half▲ 38.1%€739,581above the sector's middle half▲ 5.6%€457,299within the sector's middle half▼ 38.2%
Total assets€802,956-€785,976▼ 2.1%€1.0mwithin the sector's middle half▲ 32.0%€1.1mwithin the sector's middle half▲ 3.9%€748,030within the sector's middle half▼ 30.6%
Debt€274,357-€278,787▲ 1.6%€337,284▲ 21.0%€339,002▲ 0.5%€290,731▼ 14.2%
Working capital€462,353-€463,767▲ 0.3%€723,328above the sector's middle half▲ 56.0%€776,421above the sector's middle half▲ 7.3%€459,710within the sector's middle half▼ 40.8%
Solvency65.8%-64.5%▼ 1.3pp67.5%above the sector's middle half▲ 3.0pp68.6%above the sector's middle half▲ 1.1pp61.1%above the sector's middle half▼ 7.4pp
Current ratio3.09-3.18▲ 0.093.95above the sector's middle half▲ 0.774.08above the sector's middle half▲ 0.142.81above the sector's middle half▼ 1.27
Return on assets (ROA)27.2%-22.7%▼ 4.5pp18.6%above the sector's middle half▼ 4.1pp3.6%within the sector's middle half▼ 15.0pp-37.7%below the sector's middle half▼ 41.4pp
Staff (FTE)30.3-29.7▼ 2.0%26.7above the sector's middle half▼ 10.1%26above the sector's middle half▼ 2.6%25.9above the sector's middle half▼ 0.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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
The operating result turns negative in 2022: a loss of €266,113 after €91,234 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €748,030
Fixed assets
€34,738 ▼ 31.0%
Current assets
€713,292 ▼ 30.6%
Equity and liabilities €748,030
Equity
€457,299 ▼ 38.2%
Debt
€290,731 ▼ 14.2%
Debt's share of the balance-sheet total rises from 31.4% to 38.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€250,003▼
2021 · €123,509
Cash flow
-€266,172▼
2021 · €71,341
Quick ratio
1.74▼
2021 · 2.97
Debt to equity
0.64▲
2021 · 0.46
ROE
-61.7%▼
2021 · 5.3%
Interest coverage
-7.14▼
2021 · 3.24
Debt ≤ 1 year
€253,582▲
2021 · €251,807
Income taxes
-€16,486▼
2021 · €16,168
Staff costs
€1.1m▲
2021 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.1m | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,834 | €42,685 | €40,524 | €32,275 | €16,111 | ▼ 50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€5,449 | -€932 | ▲ 82.9% |
| Other operating charges640/8 | - | - | - | €50,113 | €37,484 | ▼ 25.2% |
| Non-recurring operating charges66A | - | - | - | - | €23,682 | - |
| Gross operating margin9900 | €1.7m | €1.7m | €1.4m | €1.3m | €951,876 | ▼ 27.0% |
| Operating profit (loss)9901 | €349,206 | €293,696 | €298,785 | €91,234 | -€266,113 | ▼ 392% |
| Financial income75/76B | - | - | - | €2,159 | €2,384 | ▲ 10.4% |
| Recurring financial income75 | €2,233 | €2,003 | €1,600 | €2,159 | €2,384 | ▲ 10.4% |
| Financial charges65/66B | - | - | - | €38,159 | €35,038 | ▼ 8.2% |
| Recurring financial charges65 | €34,460 | €35,890 | €36,583 | €38,159 | €35,038 | ▼ 8.2% |
| Profit (loss) for the period before taxes9903 | €316,979 | €259,809 | €263,802 | €55,234 | -€298,768 | ▼ 641% |
| Income taxes67/77 | €98,290 | €81,218 | €70,477 | €16,168 | -€16,486 | ▼ 202% |
| Profit (loss) for the period9904 | €218,690 | €178,591 | €193,325 | €39,066 | -€282,282 | ▼ 823% |
| Profit (loss) for the period to be appropriated9905 | €218,690 | €178,591 | €193,325 | €39,066 | -€282,282 | ▼ 823% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €802,956 | €785,976 | €1.0m | €1.1m | €748,030 | ▼ 30.6% |
| Fixed assets21/28 | €119,517 | €109,520 | €68,996 | €50,355 | €34,738 | ▼ 31.0% |
| Tangible fixed assets22/27 | €119,477 | €109,480 | €68,956 | €50,315 | €34,658 | ▼ 31.1% |
| Plant, machinery and equipment23 | - | - | - | €38,026 | €34,658 | ▼ 8.9% |
| Furniture and vehicles24 | - | - | - | €12,290 | - | - |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €80 | ▲ 100% |
| Current assets29/58 | €683,439 | €676,456 | €968,802 | €1.0m | €713,292 | ▼ 30.6% |
| Stocks and contracts in progress3 | €346,136 | €316,480 | €328,561 | €279,522 | €271,130 | ▼ 3.0% |
| Stocks30/36 | - | - | - | €279,522 | €271,130 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €163,519 | €88,319 | €338,044 | €534,694 | €368,405 | ▼ 31.1% |
| Trade receivables40 | - | - | - | €500,854 | €335,420 | ▼ 33.0% |
| Other amounts receivable41 | - | - | - | €33,840 | €32,986 | ▼ 2.5% |
| Cash at bank and in hand54/58 | €121,319 | €217,037 | €248,421 | €151,152 | €20,099 | ▼ 86.7% |
| Deferred charges and accrued income490/1 | - | - | - | €62,860 | €53,657 | ▼ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €802,956 | €785,976 | €1.0m | €1.1m | €748,030 | ▼ 30.6% |
| Equity10/15 | €528,599 | €507,190 | €700,515 | €739,581 | €457,299 | ▼ 38.2% |
| Contributions10/11 | €75,000 | €75,000 | - | €75,000 | €75,000 | = |
| Capital10 | - | - | - | €75,000 | €75,000 | = |
| Issued capital100 | - | - | - | €75,000 | €75,000 | = |
| Reserves13 | €453,599 | €432,190 | €625,515 | €664,581 | €382,299 | ▼ 42.5% |
| Non-distributable reserves130/1 | - | - | - | €7,500 | €7,500 | = |
| Legal reserve130 | - | - | - | €7,500 | €7,500 | = |
| Distributable reserves133 | - | - | - | €657,081 | €374,799 | ▼ 43.0% |
| Amounts payable17/49 | €274,357 | €278,787 | €337,284 | €339,002 | €290,731 | ▼ 14.2% |
| Amounts payable within one year42/48 | €221,086 | €212,689 | €245,475 | €251,807 | €253,582 | ▲ 0.7% |
| Trade debts44 | €77,439 | €80,414 | €83,198 | €84,782 | €69,008 | ▼ 18.6% |
| Suppliers440/4 | - | - | - | €84,782 | €69,008 | ▼ 18.6% |
| Taxes, remuneration and social security45 | - | - | - | €167,025 | €184,574 | ▲ 10.5% |
| Taxes450/3 | - | - | - | €31,138 | €58,944 | ▲ 89.3% |
| Remuneration and social security454/9 | - | - | - | €135,887 | €125,629 | ▼ 7.5% |
| Accrued charges and deferred income492/3 | - | - | - | €87,196 | €37,149 | ▼ 57.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €218,690 | €178,591 | €193,325 | €39,066 | -€282,282 | ▼ 823% |
| + Depreciation and write-downs630 | €56,834 | €42,685 | €40,524 | €32,275 | €16,111 | ▼ 50.1% |
| Operating cash flow (approximation) | €275,523 | €221,276 | €233,849 | €71,341 | -€266,172 | ▼ 473% |
| Investment in fixed assets (approximation) | - | -€32,688 | -€0 | -€13,634 | -€493 | ▲ 96.4% |
| Change in cash | - | €95,718 | €31,384 | -€97,269 | -€131,053 | ▼ 34.7% |
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
2026
24-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-04-2026
2024
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 25-01-2024
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€282,282
Net result drops to -€282,282, the lowest in the series.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
12-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
01-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wijnegem
Ground area
1,277 m²
Parcel 11050A0058/00K002, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0058/00K002 | Flanders | 1,277 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 | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
25-01-2024 → 21-04-2026 |
Similar companies · same sector, comparable size
DE WIEUW
BE 0422.764.206
Antwerpen · Eq €456,697
Maison Williame
BE 0400.452.919
Brussel · Eq €455,898
Tempro
BE 0678.925.764
Schilde · Eq €461,301
WORLD LANTERN ENTERPRISES
BE 0820.400.363
Brussel · Eq €462,948
CARBONE +
BE 0446.509.608
Tournai · Eq €450,356
Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 668 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
Founded15-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
Contact
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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.