HYDROLIFT
Open bankruptcySummary
A bankruptcy procedure is open for HYDROLIFT according to publications in the Belgian State Gazette. The 2016 annual accounts show equity of €849,914 and a net result of -€635,509.
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
- Commercial Court of Antwerp, Tongeren division
- Declared bankrupt
- 14 August 2017
- Official Gazette
- 17-08-2017 (pdf) ↗search the document for 2017/131698
Deadlines
- Provisional date payments stopped
- 10 August 2017Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 1 September 2017Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 13 September 2017art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 September 2017Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 14 August 2018Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Mr Noelmans PhilippeMoerenstraat 33, 3700 Tongeren
- Mr Noelmans CecileMoerenstraat 33, 3700 Tongeren
- Mr Noelmans CatherineMoeren-Straat 33, 3700 Tongeren
On 10 January 2023 the court published a change of trustee. Who runs the file now is in that publication (reference 2023/100812) and in RegSol.That day's Gazette (pdf) ↗
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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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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 31-12-2016 was due by 31-07-2017 and was filed on 29-05-2017, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 6 days before the deadline, and 37% 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?Addresses Are there other customers at risk in your own list?List enrichment How is the Manufacture of electrical equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, abbreviated schema
Equity
€849,914▼ 42.8%
2015 · €1.5m
Total assets
€9.2m▲ 4.4%
2015 · €8.8m
Net result
-€635,509▼ 3,007%
2015 · -€20,451
Working capital
€1.1m▼ 12.7%
2015 · €1.2m
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
Line20122013201420152016
Operating result-€125,612--€230,367▼ 83.4%€81,279€48,036▼ 40.9%-€557,788
Net result-€190,476--€282,639▼ 48.4%€18,348-€20,451-€635,509▼ 3,007%
Equity€1.8m-€1.5m▼ 16.0%€1.5m▲ 1.2%€1.5m▼ 1.4%€849,914▼ 42.8%
Total assets€8.6m-€8.2m▼ 4.7%€7.8m▼ 5.5%€8.8m▲ 14.0%€9.2m▲ 4.4%
Debt€6.8m-€6.7m▼ 2.6%€6.2m▼ 7.4%€7.2m▲ 17.3%€8.3m▲ 14.5%
Working capital€757,930-€507,500▼ 33.0%€787,208▲ 55.1%€1.2m▲ 54.8%€1.1m▼ 12.7%
Staff (FTE)59.8-60.4▲ 1.0%61.3▲ 1.5%61.9▲ 1.0%73.3▲ 18.4%
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 2016: a loss of €557,788 after €48,036 in 2015, the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €9.2m
Fixed assets
€2.1m ▲ 28.4%
Current assets
€7.2m ▼ 1.0%
Equity and liabilities €9.2m
Equity
€849,914 ▼ 42.8%
Provisions
€98,690 ▼ 18.3%
Debt
€8.3m ▲ 14.5%
Debt's share of the balance-sheet total rises from 81.8% to 89.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€35,741▼
2015 · €548,387
Cash flow
-€113,461▼
2015 · €479,900
Current ratio
1.17▼
2015 · 1.20
Quick ratio
0.44▼
2015 · 0.53
Debt to equity
2.55▲
2015 · 0.82
ROE
-74.8%▼
2015 · -1.4%
ROA
-6.9%▼
2015 · -0.2%
Debt ≤ 1 year
€6.1m▲
2015 · €6.0m
Debt > 1 year
€2.2m▲
2015 · €1.2m
Income taxes
€881▲
2015 · €728
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €309,622 | €412,834 | €487,437 | €500,351 | €522,048 | ▲ 4.3% |
| Gross operating margin9900 | €3.6m | €3.6m | €4.1m | €4.0m | €4.1m | ▲ 2.7% |
| Operating profit (loss)9901 | -€125,612 | -€230,367 | €81,279 | €48,036 | -€557,788 | ▼ 1,261% |
| Recurring financial income75 | €915 | €2,593 | €10,967 | €3,855 | €607 | ▼ 84.3% |
| Recurring financial charges65 | €75,910 | €72,599 | €72,634 | €71,923 | €77,446 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | -€190,107 | -€281,407 | €19,612 | -€19,723 | -€634,628 | ▼ 3,118% |
| Income taxes67/77 | €1,219 | €1,232 | €1,264 | €728 | €881 | ▲ 21.0% |
| Profit (loss) for the period9904 | -€190,476 | -€282,639 | €18,348 | -€20,451 | -€635,509 | ▼ 3,007% |
| Profit (loss) for the period to be appropriated9905 | -€188,826 | -€282,639 | €18,348 | -€20,451 | -€635,509 | ▼ 3,007% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.6m | €8.2m | €7.8m | €8.8m | €9.2m | ▲ 4.4% |
| Fixed assets21/28 | €1.9m | €1.8m | €1.6m | €1.6m | €2.1m | ▲ 28.4% |
| Intangible fixed assets21 | €74,633 | €49,163 | €32,697 | €16,330 | €11,387 | ▼ 30.3% |
| Tangible fixed assets22/27 | €1.8m | €1.8m | €1.6m | €1.6m | €2.1m | ▲ 29.0% |
| Current assets29/58 | €6.8m | €6.4m | €6.1m | €7.2m | €7.2m | ▼ 1.0% |
| Stocks and contracts in progress3 | €4.6m | €3.9m | €3.8m | €4.1m | €4.5m | ▲ 10.1% |
| Amounts receivable within one year40/41 | €1.5m | €2.3m | €1.9m | €2.0m | €2.1m | ▲ 5.3% |
| Cash at bank and in hand54/58 | €654,681 | €172,775 | €350,177 | €770,569 | €434,327 | ▼ 43.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.6m | €8.2m | €7.8m | €8.8m | €9.2m | ▲ 4.4% |
| Equity10/15 | €1.8m | €1.5m | €1.5m | €1.5m | €849,914 | ▼ 42.8% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | -€188,826 | -€471,465 | -€453,117 | -€473,568 | -€1.1m | ▼ 134% |
| Provisions and deferred taxes16 | €9,059 | €61,901 | €81,094 | €120,859 | €98,690 | ▼ 18.3% |
| Amounts payable17/49 | €6.8m | €6.7m | €6.2m | €7.2m | €8.3m | ▲ 14.5% |
| Amounts payable after more than one year17 | €835,961 | €759,486 | €839,081 | €1.2m | €2.2m | ▲ 77.4% |
| Amounts payable within one year42/48 | €6.0m | €5.9m | €5.3m | €6.0m | €6.1m | ▲ 1.4% |
| Trade debts44 | €2.2m | €2.2m | €1.6m | €1.8m | €2.1m | ▲ 14.6% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€190,476 | -€282,639 | €18,348 | -€20,451 | -€635,509 | ▼ 3,007% |
| + Depreciation and write-downs630 | €309,622 | €412,834 | €487,437 | €500,351 | €522,048 | ▲ 4.3% |
| Operating cash flow (approximation) | €119,146 | €130,195 | €505,785 | €479,900 | -€113,461 | ▼ 124% |
| Investment in fixed assets (approximation) | - | -€360,342 | -€322,185 | -€474,597 | -€980,736 | ▼ 107% |
| Change in cash | - | -€481,906 | €177,402 | €420,392 | -€336,242 | ▼ 180% |
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
2023
18-01
Bankruptcy
Change of trustee
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 10-01-2023
2017
17-08
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Tongeren · event 14-08-2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-12
Financial
Weakest financial yearnet -€635,509
Net result drops to -€635,509, the lowest in the series.
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Back to profitnet €18,348
Net result €18,348 after 2 loss-making years.
23-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
27-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
06-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-05
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
29-05
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
27-05
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated 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.
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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, Bree · 1 establishment unit since 1990
Ground area
5.0 ha
Building footprint
1.1 ha
Parcel 72004A0179/00Z000, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
AJK HYDROLIFT NV
since 19902.048.057.307
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004A0179/00Z000 | Flanders | 5.0 ha | 1 · 1.1 ha | - |
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
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | Mr NOELMANS PHILIPPE MOERENSTRAAT 33, 3700 TONGEREN |
14-08-2017 → present |
| Curator | Mr NOELMANS CECILE MOERENSTRAAT 33, 3700 TONGEREN |
14-08-2017 → present |
| Curator | Mr NOELMANS CATHERINE MOEREN-STRAAT 33, 3700 TONGEREN |
14-08-2017 → present |
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Of 263 companies in sector 27110 we hold annual accounts for 173. 111 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
Founded09-04-1990
Fiscal year end31-12
Activities, NACEBEL 2025
27110Manufacture of electrical equipment
47789Other retail sale of new goods
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.