Holland Baits
Bankruptcy closedInactive since 20-06-2026; last annual accounts for fiscal year 2022.
Summary
Holland Baits was declared bankrupt on 12-09-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 16-06-2026, published in the Belgian State Gazette on 22-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 10-05-2023, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
10 d late
2021
6 d late
2020
on the day
← 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 5 days after 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
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 Retail sale of other sporting goods sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€18,468▼ 12.3%
2021 · €21,056
Total assets
€69,503▼ 9.9%
2021 · €77,160
Net result
-€2,588
2021 · €5,703
Working capital
€5,019▼ 11.6%
2021 · €5,679
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
Line202020212022
Operating result€9,946-€6,791▼ 31.7%-€1,711
Net result€5,353within the sector's middle half-€5,703within the sector's middle half▲ 6.5%-€2,588within the sector's middle half
Equity€15,353within the sector's middle half-€21,056within the sector's middle half▲ 37.1%€18,468within the sector's middle half▼ 12.3%
Total assets€64,970within the sector's middle half-€77,160within the sector's middle half▲ 18.8%€69,503within the sector's middle half▼ 9.9%
Debt€49,617-€56,104▲ 13.1%€51,036▼ 9.0%
Working capital€8,885within the sector's middle half-€5,679within the sector's middle half▼ 36.1%€5,019within the sector's middle half▼ 11.6%
Solvency23.6%within the sector's middle half-27.3%within the sector's middle half▲ 3.7pp26.6%within the sector's middle half▼ 0.7pp
Current ratio1.31within the sector's middle half-1.17within the sector's middle half▼ 0.141.14within the sector's middle half▼ 0.03
Return on assets (ROA)8.2%within the sector's middle half-7.4%within the sector's middle half▼ 0.8pp-3.7%below the sector's middle half▼ 11.1pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €1,711 after €6,791 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €69,503
Fixed assets
€28,361 ▼ 25.3%
Current assets
€41,142 ▲ 5.0%
Equity and liabilities €69,503
Equity
€18,468 ▼ 12.3%
Debt
€51,036 ▼ 9.0%
Debt's share of the balance-sheet total rises from 72.7% to 73.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7,909▼
2021 · €15,225
Cash flow
€7,032▼
2021 · €14,137
Quick ratio
0.93▼
2021 · 0.97
Debt to equity
2.76▲
2021 · 2.66
ROE
-14.0%▼
2021 · 27.1%
Interest coverage
8.98▼
2021 · 22.91
Debt ≤ 1 year
€36,123▲
2021 · €33,499
Debt > 1 year
€13,244▼
2021 · €22,605
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,022 | €8,434 | €9,621 | ▲ 14.1% |
| Other operating charges640/8 | - | €243 | €1,532 | ▲ 531% |
| Gross operating margin9900 | €16,231 | €15,468 | €9,441 | ▼ 39.0% |
| Operating profit (loss)9901 | €9,946 | €6,791 | -€1,711 | ▼ 125% |
| Financial income75/76B | - | €26 | €4 | ▼ 86.2% |
| Recurring financial income75 | €17 | €26 | €4 | ▼ 86.2% |
| Financial charges65/66B | - | €665 | €880 | ▲ 32.5% |
| Recurring financial charges65 | €2,824 | €665 | €880 | ▲ 32.5% |
| Profit (loss) for the period before taxes9903 | €7,139 | €6,152 | -€2,588 | ▼ 142% |
| Income taxes67/77 | €1,786 | €450 | - | - |
| Profit (loss) for the period9904 | €5,353 | €5,703 | -€2,588 | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €5,353 | €5,703 | -€2,588 | ▼ 145% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €64,970 | €77,160 | €69,503 | ▼ 9.9% |
| Fixed assets21/28 | €27,378 | €37,982 | €28,361 | ▼ 25.3% |
| Intangible fixed assets21 | €25,457 | €20,548 | €15,640 | ▼ 23.9% |
| Tangible fixed assets22/27 | €1,921 | €17,433 | €12,721 | ▼ 27.0% |
| Plant, machinery and equipment23 | - | €1,737 | €1,324 | ▼ 23.8% |
| Furniture and vehicles24 | - | €15,697 | €11,398 | ▼ 27.4% |
| Current assets29/58 | €37,591 | €39,178 | €41,142 | ▲ 5.0% |
| Stocks and contracts in progress3 | €6,800 | €6,800 | €7,500 | ▲ 10.3% |
| Stocks30/36 | - | €6,800 | €7,500 | ▲ 10.3% |
| Amounts receivable within one year40/41 | €19,492 | €20,594 | €31,349 | ▲ 52.2% |
| Trade receivables40 | - | €20,594 | €31,349 | ▲ 52.2% |
| Cash at bank and in hand54/58 | €10,510 | €11,784 | €1,943 | ▼ 83.5% |
| Deferred charges and accrued income490/1 | - | - | €350 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €64,970 | €77,160 | €69,503 | ▼ 9.9% |
| Equity10/15 | €15,353 | €21,056 | €18,468 | ▼ 12.3% |
| Contributions10/11 | - | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €5,353 | €11,056 | €8,468 | ▼ 23.4% |
| Amounts payable17/49 | €49,617 | €56,104 | €51,036 | ▼ 9.0% |
| Amounts payable after more than one year17 | €20,910 | €22,605 | €13,244 | ▼ 41.4% |
| Financial debts170/4 | - | €22,605 | €13,244 | ▼ 41.4% |
| Amounts payable within one year42/48 | €28,707 | €33,499 | €36,123 | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | - | €13,688 | €9,715 | ▼ 29.0% |
| Trade debts44 | €9,372 | €5,414 | €5,961 | ▲ 10.1% |
| Suppliers440/4 | - | €5,414 | €5,961 | ▲ 10.1% |
| Taxes, remuneration and social security45 | - | €1,653 | €985 | ▼ 40.4% |
| Taxes450/3 | - | €1,653 | €985 | ▼ 40.4% |
| Other amounts payable47/48 | - | €12,744 | €19,461 | ▲ 52.7% |
| Accrued charges and deferred income492/3 | - | - | €1,669 | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,353 | €5,703 | -€2,588 | ▼ 145% |
| + Depreciation and write-downs630 | €6,022 | €8,434 | €9,621 | ▲ 14.1% |
| Operating cash flow (approximation) | €11,375 | €14,137 | €7,032 | ▼ 50.3% |
| Investment in fixed assets (approximation) | - | -€19,038 | €0 | ▲ 100% |
| Change in cash | - | €1,274 | -€9,841 | ▼ 873% |
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
22-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-06-2026
2024
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-09-2024
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
30-09
Financial
Weakest financial yearnet -€2,588
Net result drops to -€2,588, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
30-09
Financial
Highest result since 2020net €5,703 ▲6.5%
Net result €5,703, the highest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brecht
Ground area
1,921 m²
Building footprint
225 m²
Volume, LiDAR
937 m³
Parcel 11333B0321/00L000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333B0321/00L000 | Flanders | 1,921 m² | 1 · 225 m² | 6.5 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE TERMOTE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
12-09-2024 → 16-06-2026 |
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Of 1,312 companies in sector 47639 we hold annual accounts for 624. 379 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
Founded26-08-2019
Fiscal year end30-09
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
70200Business and other management consultancy
82990Other business support services
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.