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HENDRICKX & Co

Active
Schaarbroek 6 Unit 3 ·2500 Lier, Belgium
Open bankruptcy
KBO/BCE: BE 0567.990.626
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age11 yrs
Staff (FTE)1.5

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for HENDRICKX & Co according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-1.15M) and a net result of €-220k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
31-12-2024
Bankruptcy Opening
Date: 23-12-2024 · Ondernemingsrechtbank Antwerpen, afdeling Mechelen · HENDRICKX & CO BV SCHAARBROEK 6 UN, 2500 LIER · Publications in State Gazette ↗

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 21-10-2024, 10 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2024, that is 31-10-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-03-2025 31-10-2025 nothing on record not filed -
31-03-2024 31-10-2024 21-10-2024 10 d early 2024-00511646
31-03-2023 31-10-2023 31-10-2023 on the day 2023-00502572
31-03-2022 31-10-2022 24-10-2022 7 d early 2022-20471978
31-03-2021 31-10-2021 22-11-2021 22 d late 2021-78200078
31-03-2020 31-10-2020 30-11-2020 30 d late 2020-73300527
31-03-2019 31-10-2019 30-10-2019 1 d early 2019-72000456
31-03-2018 31-10-2018 24-10-2018 7 d early 2018-70000374
31-03-2017 31-10-2017 30-10-2017 1 d early 2017-69100473
31-03-2016 31-10-2016 29-11-2016 29 d late 2016-68800197

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-220k-76.0%
Working capital€-347k-78.5%
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 21-10-2024 with the NBB · fiscal year 2024 · verkort
€-1.00M€-750k€-500k€-250k€0Operating result 2020: €-41k€-41kNet result 2020: €-838k€-838kOperating result 2021: €54k€54kNet result 2021: €-825k€-825kOperating result 2022: €37k€37kNet result 2022: €413€413Operating result 2023: €-96k€-96kNet result 2023: €-125k€-125kOperating result 2024: €-127k€-127kNet result 2024: €-220k€-220k20202021202220232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -166.8% 27.4%
better than 5% of 963 sector peers
Net result €-220k €24k
better than 7% of 963 sector peers
Equity €-1.15M €172k
better than 5% of 963 sector peers
Gross operating margin €42k €174k
better than 29% of 961 sector peers
Staff costs €96k €166k
higher than 34% of 594 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P5
2020: P5 · n=5172021: P5 · n=6082022: P5 · n=7802023: P5 · n=8832024: P5 · n=9632020 2024
Stable position over 2020-2024 · n=517-963
Net result P7
2020: P13 · n=5162021: P37 · n=6082022: P30 · n=7822023: P10 · n=8822024: P7 · n=9632020 2024
Weakening position over 2020-2024 · n=516-963
Equity P5
2020: P5 · n=5172021: P5 · n=6092022: P5 · n=7822023: P5 · n=8842024: P5 · n=9632020 2024
Stable position over 2020-2024 · n=517-963
Gross operating margin P29
2020: P36 · n=5152021: P42 · n=6072022: P42 · n=7812023: P16 · n=8812024: P29 · n=9612020 2024
Weakening position over 2020-2024 · n=515-961
Describes the position versus peers, not a forecast.
EBITDA
€-116k
-27.7% 19-24
Net profit
€-220k
-76.0% 19-24
Cash flow
€-209k
-74.9% 19-24
Total assets
€690k
-19.2% 19-24
Equity
€-1.15M
-23.6% 19-24
Working capital
€-347k
-78.5% 19-24
Employees (FTE)
2
+50.0% 19-24
Staff costs
€96k
+36.7% 19-24
Income taxes
€3k
+863.0% 19-24
Debt
€1.84M
+3.1% 19-24
Debt ≤ 1y
€996k
-2.5% 19-24
Debt > 1y
€836k
+11.3% 19-24
Current ratio
0.65
-19.6% 19-24
Quick ratio
0.34
-29.3% 19-24
Solvency
-166.8%
-53.0% 19-24
Debt / equity
-1.60
+16.6% 19-24
ROE
19.1%
+42.4% 19-24
ROA
-31.9%
-117.8% 19-24
Interest coverage
-1.13
+48.9% 19-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€-116k
Net profit€-220k
Cash flow€-209k
Staff costs€96k
Income taxes€3k
Dividends-
Total assets€690k
Equity€-1.15M
Debt€1.84M
of which ≤ 1y€996k
of which > 1y€836k
Working capital€-347k
Employees (FTE)1.5
Ratios (computed)
2024
Current ratio0.65
Quick ratio0.34
Working capital ratio-50.4%
Solvency-166.8%
Debt / equity-1.60
Long-term debt ratio-0.73
Interest coverage-1.13
Gross margin-
Net margin-
ROA-31.9%
ROE19.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€690k
Fixed assets 21/28€41k
Tangible fixed assets 22/27€33k
Financial fixed assets 28€8k
Current assets 29/58€649k
Stocks & contracts in progress 3€315k
Amounts receivable within one year 40/41€320k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€690k
Equity 10/15€-1.15M
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-1.17M
Amounts payable 17/49€1.84M
Amounts payable after one year 17€836k
Amounts payable within one year 42/48€996k
Trade debts payable within one year 44€804k
Income statement
Gross operating margin 9900€42k
Operating result 9901€-127k
Financial income 75€14k
Financial charges 65€103k
Result before taxes 9903€-217k
Income taxes 67/77€3k
Net result for the period 9904€-220k
Result to be appropriated 9905€-220k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

5 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator TOON BRAWERS
ZOMERSTRAAT 16, 2590 BERLAAR-
23-12-2024 → present Belgian State Gazette

Legal Structure

NACE primary Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik(46647)
Legal form Private limited company(610)
Incorporation21-11-2014
StatusActive
Postal code2500
First BS signal 31-12-2024
Latest BS signal 31-12-2024

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
approximate (street level) On OpenStreetMap

Establishment units

1 location
HENBRA
Schaarbroek 6 Unit 3, 2500 LierSanitaire werkzaamheden
since 20142.236.989.155
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,864 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392A1003/00L000 Flanders 1,864 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
31-12-2024
Bankruptcy Opening
Date: 23-12-2024 · Ondernemingsrechtbank Antwerpen, afdeling Mechelen · HENDRICKX & CO BV SCHAARBROEK 6 UN, 2500 LIER · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-12-31 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Address history · 1
22-09-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
22-09-2023 Registered office moved from Wommelgem to Lier Registered-office change·Lars HANSEN
  • Koralenhoeve 8 bus F : 2160 Wommelgem → 2500 Lier, Scharbroek 6, Unit 3
Notary: Lars HANSEN · AntwerpenFirm: Deckers Notarissen

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability96Solvency37Growth58Stability0
38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 96
Solvency 37
Growth 58
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik46647Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik46697Loodgieterswerk43221Sanitaire werkzaamheden43221Groothandel in pompen en compressoren46645Groothandel in pompen en compressoren46695Groothandel in sanitair46736Groothandel in sanitair46836
Primary activity highlighted.
Names & trade names
Legal nameNL HENDRICKX & Co
Registered office
Schaarbroek 6 Unit 3
2500 Lier, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.