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HEININGER

Open bankruptcy
Private limited company (pre-2019)founded 1997Olmenstraat 34, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0461.978.534
Summary

A bankruptcy procedure is open for HEININGER according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (-€278,653) and a net result of -€235,023.

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, Dendermonde division
Declared bankrupt
24 October 2022
Supervising judge
Evelyne Martens
Official Gazette
28-10-2022 (pdf) ↗search the document for 2022/139087

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-06-2022, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
32 d early
2020
38 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HEININGER was incorporated on 26 November 1997.1 Total assets fell from EUR 1.3 million in 2018 to EUR 558,336 in 2021.2 On 24 October 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 28-10-2022

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€278,653▼ 539%
2020 · -€43,630
Total assets
€558,336▼ 33.0%
2020 · €833,176
Net result
-€235,023▲ 71.7%
2020 · -€831,660
Working capital
€435,472▼ 33.9%
2020 · €658,729
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
Line2018201920202021
Operating result€66,740--€63,118-€830,042▼ 1,215%-€233,873▲ 71.8%
Net result€27,685--€39,145-€831,660▼ 2,025%-€235,023▲ 71.7%
Equity€827,175-€788,030▼ 4.7%-€43,630-€278,653▼ 539%
Total assets€1.3m-€1.1m▼ 18.3%€833,176▼ 22.0%€558,336▼ 33.0%
Debt€335,498-€135,159▼ 59.7%€141,806▲ 4.9%€101,989▼ 28.1%
Working capital€890,204-€868,604▼ 2.4%€658,729▼ 24.2%€435,472▼ 33.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2018: €66,740€66,740Net result 2018: €27,685€27,685Operating result 2019: -€63,118-€63,118Net result 2019: -€39,145-€39,145Operating result 2020: -€830,042-€830,042Net result 2020: -€831,660-€831,660Operating result 2021: -€233,873-€233,873Net result 2021: -€235,023-€235,0232018201920202021-€1m-€750,000-€500,000-€250,000€0Operating result 2019: -€63,118-€63,100Net result 2019: -€39,145-€39,100Operating result 2020: -€830,042-€830,000Net result 2020: -€831,660-€832,000Operating result 2021: -€233,873-€234,000Net result 2021: -€235,023-€235,000201920202021
The operating result stays negative: a loss of €233,873 in 2021 against €830,042 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €558,336
Fixed assets €31,030 ▼ 38.3%
Current assets €527,306 ▼ 32.6%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€214,593▲
2020 · -€803,474
Cash flow
-€215,743▲
2020 · -€805,091
Solvency
-49.9%▼
2020 · -5.2%
Current ratio
5.74▼
2020 · 6.31
Quick ratio
4.73▼
2020 · 5.14
Debt to equity
-0.37▲
2020 · -0.40
ROA
-42.1%▲
2020 · -99.8%
Interest coverage
-113.17
Debt ≤ 1 year
€91,834▼
2020 · €124,137
Debt > 1 year
€10,155▼
2020 · €17,669
Income taxes
€324▼
2020 · €338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 48 lines
Balance sheet Code20202021
Assets
Total assets20/58€833,176€558,336▼
Fixed assets21/28€50,310€31,030▼
Tangible fixed assets22/27€50,175€30,895▼
Plant, machinery and equipment23-€7,307
Furniture and vehicles24-€23,588
Financial fixed assets28€135€135=
Current assets29/58€782,866€527,306▼
Stocks and contracts in progress3€144,500€92,900▼
Stocks30/36-€92,900
Amounts receivable within one year40/41€330,536€249,619▼
Trade receivables40-€182,450
Other amounts receivable41-€67,169
Cash at bank and in hand54/58€301,878€181,230▼
Deferred charges and accrued income490/1-€3,557
Equity and liabilities
Total equity and liabilities10/49€833,176€558,336▼
Equity10/15-€43,630-€278,653▼
Contributions10/11-€30,425
Reserves13€106,637€106,637=
Non-distributable reserves130/1-€3,042
Reserves not available under the articles1311-€3,042
Tax-exempt reserves132-€28,750
Distributable reserves133-€74,845
Profit (loss) carried forward14-€180,692-€415,715▼
Provisions and deferred taxes16€735,000€735,000=
Provisions for liabilities and charges160/5-€735,000
Other liabilities and charges164/5-€735,000
Amounts payable17/49€141,806€101,989▼
Amounts payable after more than one year17€17,669€10,155▼
Financial debts170/4-€10,155
Amounts payable within one year42/48€124,137€91,834▼
Current portion of amounts payable after more than one year42-€8,136
Trade debts44€109,546€83,290▼
Suppliers440/4-€83,290
Other amounts payable47/48-€408
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,568€19,280▼
Other operating charges640/8-€2,328
Gross operating margin9900-€199,893-€212,265▼
Operating profit (loss)9901-€830,042-€233,873▲
Financial income75/76B-€1,070
Recurring financial income75€1,567€1,070▼
Financial charges65/66B-€1,896
Recurring financial charges65€2,847€1,896▼
Profit (loss) for the period before taxes9903-€831,322-€234,699▲
Income taxes67/77€338€324▼
Profit (loss) for the period9904-€831,660-€235,023▲
Profit (loss) for the period to be appropriated9905-€831,660-€235,023▲
Appropriation of the result
Profit (loss) to be appropriated9906--€415,715
Profit (loss) brought forward from the previous period14P--€180,692

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,428€31,959€26,568€19,280▼ 27.4%
Other operating charges640/8---€2,328-
Gross operating margin9900€48,853-€28,526-€199,893-€212,265▼ 6.2%
Operating profit (loss)9901€66,740-€63,118-€830,042-€233,873▲ 71.8%
Financial income75/76B---€1,070-
Recurring financial income75€9,323€33,931€1,567€1,070▼ 31.7%
Financial charges65/66B---€1,896-
Recurring financial charges65€38,403€9,112€2,847€1,896▼ 33.4%
Profit (loss) for the period before taxes9903€37,659-€38,299-€831,322-€234,699▲ 71.8%
Income taxes67/77€9,974€846€338€324▼ 4.1%
Profit (loss) for the period9904€27,685-€39,145-€831,660-€235,023▲ 71.7%
Profit (loss) for the period to be appropriated9905€27,685-€39,145-€831,660-€235,023▲ 71.7%
Line2018201920202021Change
Assets
Total assets20/58€1.3m€1.1m€833,176€558,336▼ 33.0%
Fixed assets21/28€81,971€64,426€50,310€31,030▼ 38.3%
Tangible fixed assets22/27€81,836€64,291€50,175€30,895▼ 38.4%
Plant, machinery and equipment23---€7,307-
Furniture and vehicles24---€23,588-
Financial fixed assets28€135€135€135€135=
Current assets29/58€1.2m€1.0m€782,866€527,306▼ 32.6%
Stocks and contracts in progress3€517,500€296,150€144,500€92,900▼ 35.7%
Stocks30/36---€92,900-
Amounts receivable within one year40/41€424,427€576,166€330,536€249,619▼ 24.5%
Trade receivables40---€182,450-
Other amounts receivable41---€67,169-
Cash at bank and in hand54/58€279,098€125,275€301,878€181,230▼ 40.0%
Deferred charges and accrued income490/1---€3,557-
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.1m€833,176€558,336▼ 33.0%
Equity10/15€827,175€788,030-€43,630-€278,653▼ 539%
Contributions10/11€30,425€30,425-€30,425-
Reserves13€796,751€757,605€106,637€106,637=
Non-distributable reserves130/1---€3,042-
Reserves not available under the articles1311---€3,042-
Tax-exempt reserves132---€28,750-
Distributable reserves133---€74,845-
Profit (loss) carried forward14-€64,103--€180,692-€415,715▼ 130%
Provisions and deferred taxes16€145,000€145,000€735,000€735,000=
Provisions for liabilities and charges160/5---€735,000-
Other liabilities and charges164/5---€735,000-
Amounts payable17/49€335,498€135,159€141,806€101,989▼ 28.1%
Amounts payable after more than one year17--€17,669€10,155▼ 42.5%
Financial debts170/4---€10,155-
Amounts payable within one year42/48€335,498€135,159€124,137€91,834▼ 26.0%
Current portion of amounts payable after more than one year42---€8,136-
Trade debts44€335,405€133,374€109,546€83,290▼ 24.0%
Suppliers440/4---€83,290-
Other amounts payable47/48---€408-
Line2018201920202021Change
Profit (loss) for the period9904€27,685-€39,145-€831,660-€235,023▲ 71.7%
+ Depreciation and write-downs630€29,428€31,959€26,568€19,280▼ 27.4%
Operating cash flow (approximation)€57,113-€7,187-€805,091-€215,743▲ 73.2%
Investment in fixed assets (approximation)--€14,413-€12,452€0▲ 100%
Change in cash--€153,823€176,602-€120,648▼ 168%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
28-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-10-2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€831,660
Net result drops to -€831,660, the lowest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity doublescurrent ratio 7.43
Current ratio from 3.65 to 7.43; short-term debt falls from €335,498 to €135,159.
08-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
04-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2013
08-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 9 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Niklaas · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
3,125 m²
Building footprint
182 m²
Volume, LiDAR
753 m³
Parcel 46446B0182/00R000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
HEININGER BVBA
Olmenstraat 34, 9100 Sint-NiklaasAir transport
since 19972.084.417.360
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46446B0182/00R000 Flanders 3,125 m² 1 · 182 m² 8.0 m · 1 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

2 mandates
Role Name Tenure
Curator GUY VAN DEN BRANDEN
COLMARSTRAAT 2 A, 9100 SINT-NIKLAAS
24-10-2022 → present
Curator ELKE M.J. GOOSSENS
COLMARSTRAAT 2A, 9100 SINT-NIKLAAS-
24-10-2022 → present

Similar companies · same sector, comparable size

Of 71 companies in sector 46648 we hold annual accounts for 51. 40 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-1997
Fiscal year end31-12
Activities, NACEBEL 2025
46648Wholesale trade
46140Agents in the wholesale of industrial machinery, ships and aircraft

Scores and ratios are computed by Checked and are not a credit decision.