HEIDAL
Open bankruptcyA bankruptcy procedure is open for HEIDAL according to publications in the Belgian State Gazette; curator: ANN SOPHIE DE BUCK.
Summary
The 2023 annual accounts show negative equity (-€231,441) and a net result of -€56,641.
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
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 7 March 2024
- Supervising judge
- Luc Rosseel
- Official Gazette
- 13-03-2024 (pdf) ↗search the document for 2024/110483
Curator
- Ann Sophie De BuckElisabethlaan 25, 8400 Oostendeannsophie.debuck@volckaert-advocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Three 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 31-03-2023 was due by 31-10-2023 and was filed on 17-08-2023, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
75 d early
2022
12 d early
2021
143 d early
2020
6 d late
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 52 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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?Address check Are there other customers at risk in your own list?Debtor check How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€231,441▼ 32.4%
2022 · -€174,800
Total assets
€150,923▲ 7.4%
2022 · €140,536
Net result
-€56,641
2022 · €12,906
Working capital
-€263,004▼ 27.8%
2022 · -€205,857
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€45,922--€22,320▲ 51.4%€2,642€15,183▲ 475%-€55,444
Net result-€51,715--€27,308▲ 47.2%-€3,031▲ 88.9%€12,906-€56,641
Equity-€157,366--€184,674▼ 17.4%-€187,705▼ 1.6%-€174,800▲ 6.9%-€231,441▼ 32.4%
Total assets€176,119-€166,772▼ 5.3%€155,696▼ 6.6%€140,536▼ 9.7%€150,923▲ 7.4%
Debt€307,733-€351,446▲ 14.2%€343,402▼ 2.3%€315,336▼ 8.2%€382,364▲ 21.3%
Working capital-€162,383--€215,798▼ 32.9%-€218,856▼ 1.4%-€205,857▲ 5.9%-€263,004▼ 27.8%
Staff (FTE)3.9-2.8▼ 28.2%3.5▲ 25.0%4.2▲ 20.0%4▼ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €55,444 after €15,183 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €150,923
Fixed assets
€31,563 ▲ 1.1%
Current assets
€119,360 ▲ 9.2%
Key figures and ratios
Solvency
-153.3%▼
2022 · -124.4%
Current ratio
0.31▼
2022 · 0.35
Quick ratio
0.12▲
2022 · 0.11
Debt to equity
-1.65▲
2022 · -1.80
ROA
-37.5%▼
2022 · 9.2%
Debt ≤ 1 year
€382,364▲
2022 · €315,171
Income taxes
€174▲
2022 · €161
Staff costs
€90,524▲
2022 · €68,222
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €68,222 | €90,524 | ▲ 32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €280 | €280 | €280 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €1,578 | €13,920 | ▲ 782% |
| Gross operating margin9900 | €130,274 | €41,788 | €97,850 | €84,983 | €49,000 | ▼ 42.3% |
| Operating profit (loss)9901 | -€45,922 | -€22,320 | €2,642 | €15,183 | -€55,444 | ▼ 465% |
| Financial income75/76B | - | - | - | €351 | €1,180 | ▲ 236% |
| Recurring financial income75 | €735 | €538 | €348 | €351 | €1,180 | ▲ 236% |
| Financial charges65/66B | - | - | - | €2,468 | €2,203 | ▼ 10.8% |
| Recurring financial charges65 | €9,874 | €5,373 | €5,871 | €2,468 | €2,203 | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | -€51,558 | -€27,154 | -€2,882 | €13,066 | -€56,467 | ▼ 532% |
| Income taxes67/77 | €180 | €154 | €149 | €161 | €174 | ▲ 8.0% |
| Profit (loss) for the period9904 | -€51,715 | -€27,308 | -€3,031 | €12,906 | -€56,641 | ▼ 539% |
| Profit (loss) for the period to be appropriated9905 | -€51,840 | -€27,380 | -€3,031 | €12,906 | -€56,641 | ▼ 539% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176,119 | €166,772 | €155,696 | €140,536 | €150,923 | ▲ 7.4% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €30,953 | €31,124 | €31,151 | €31,222 | €31,563 | ▲ 1.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1,119 | €560 | €280 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €30,114 | €30,565 | €30,871 | €31,222 | €31,563 | ▲ 1.1% |
| Current assets29/58 | €145,333 | €135,648 | €124,545 | €109,314 | €119,360 | ▲ 9.2% |
| Stocks and contracts in progress3 | €82,195 | €65,738 | €79,562 | €75,312 | €72,592 | ▼ 3.6% |
| Stocks30/36 | - | - | - | €75,312 | €72,592 | ▼ 3.6% |
| Amounts receivable within one year40/41 | €19,498 | €39,841 | €17,393 | €8,674 | €18,773 | ▲ 116% |
| Trade receivables40 | - | - | - | €3,106 | €11,305 | ▲ 264% |
| Other amounts receivable41 | - | - | - | €5,569 | €7,468 | ▲ 34.1% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €38,222 | €19,622 | €16,110 | €15,682 | €17,713 | ▲ 12.9% |
| Deferred charges and accrued income490/1 | - | - | - | €9,646 | €10,282 | ▲ 6.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176,119 | €166,772 | €155,696 | €140,536 | €150,923 | ▲ 7.4% |
| Equity10/15 | -€157,366 | -€184,674 | -€187,705 | -€174,800 | -€231,441 | ▼ 32.4% |
| Contributions10/11 | €107,000 | €107,000 | €107,000 | €107,000 | €107,000 | = |
| Outside capital11 | - | - | - | €107,000 | €107,000 | = |
| Other1109/19 | - | - | - | €107,000 | €107,000 | = |
| Reserves13 | €3,738 | €3,810 | €3,810 | €3,810 | €3,810 | = |
| Non-distributable reserves130/1 | - | - | - | €2,850 | €2,850 | = |
| Legal reserve130 | - | - | - | €2,850 | €2,850 | = |
| Tax-exempt reserves132 | - | - | - | €960 | €960 | = |
| Profit (loss) carried forward14 | -€268,104 | -€295,484 | -€298,515 | -€285,609 | -€342,250 | ▼ 19.8% |
| Amounts payable17/49 | €307,733 | €351,446 | €343,402 | €315,336 | €382,364 | ▲ 21.3% |
| Amounts payable within one year42/48 | €307,717 | €351,446 | €343,402 | €315,171 | €382,364 | ▲ 21.3% |
| Financial debts43 | - | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - |
| Trade debts44 | €243,532 | €289,505 | €276,300 | €277,295 | €352,897 | ▲ 27.3% |
| Suppliers440/4 | - | - | - | €277,295 | €352,897 | ▲ 27.3% |
| Taxes, remuneration and social security45 | - | - | - | €15,932 | €18,793 | ▲ 18.0% |
| Taxes450/3 | - | - | - | €1,982 | €1,987 | ▲ 0.3% |
| Remuneration and social security454/9 | - | - | - | €13,950 | €16,807 | ▲ 20.5% |
| Other amounts payable47/48 | - | - | - | €21,944 | €10,673 | ▼ 51.4% |
| Accrued charges and deferred income492/3 | - | - | - | €165 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€51,715 | -€27,308 | -€3,031 | €12,906 | -€56,641 | ▼ 539% |
| + Depreciation and write-downs630 | €280 | €280 | €280 | €0 | - | - |
| Operating cash flow (approximation) | -€51,435 | -€27,028 | -€2,752 | €12,906 | -€56,641 | ▼ 539% |
| Investment in fixed assets (approximation) | - | -€451 | -€307 | -€71 | -€341 | ▼ 381% |
| Change in cash | - | -€18,600 | -€3,512 | -€428 | €2,031 | ▲ 575% |
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
2024
13-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 07-03-2024
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€56,641
Net result drops to -€56,641, the lowest in the series.
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €12,906
Net result €12,906 after 3 loss-making years.
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
08-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Middelkerke · 1 establishment unit since 2000
Ground area
993 m²
Building footprint
1,231 m²
Volume, LiDAR
27,214 m³
Parcel 35011B0180/00R078, Flanders · tallest building 32.9 m, ±9 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CONTACT GB MIDDELKERKE
since 20002.031.258.093
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0180/00R078 | Flanders | 993 m² | 1 · 1,231 m² | 32.9 m · 9 fl. |
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 | ANN SOPHIE DE BUCK ELISABETHLAAN 25,
8400 OOSTENDE |
07-03-2024 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-10-1987
Fiscal year end31-03
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.