Active BE 0427.960.238Private limited companyOpen bankruptcy

K.C. Van Mol Oost

Nieuwe Steenweg 109 ·9140 Temse, Belgium· 40 yrs active

Sector: Groothandel in andere machines en werktuigen, neg (46649)

Conclusion Checked

A bankruptcy procedure is open for K.C. Van Mol Oost according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €3.15M and a net result of €844k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€3.15M
Net result	€844k
Staff (FTE)	25.4
Active	40 yrs

Financial profile 5 of 5 axes measured · computed by Checked

47 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 66

Solvency 79

Growth 65

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

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 Flags0 events

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.

Health barometer FY 2022 · computed

24 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-11-2023 with the NBB · fiscal year 2023 · volledig

RevenueOperating resultNet result

Revenue

€13.91M

+16.9% 19-22

EBITDA

€1.22M

+73.9% 19-22

Net profit

€844k

+64.1% 19-22

Cash flow

€918k

+51.5% 19-22

Total assets

€7.64M

+13.0% 19-22

Equity

€3.15M

+36.6% 19-22

Working capital

€2.98M

+38.4% 19-22

Employees (FTE)

25

-1.6% 19-22

Show 15 other metrics

Staff costs

€1.67M

- 19-22

Income taxes

€321k

+78.2% 19-22

Dividends

€0

-100.0% 19-22

Debt

€4.49M

+1.2% 19-22

Debt ≤ 1y

€4.21M

+2.6% 19-22

Debt > 1y

€274k

-14.1% 19-22

Current ratio

1.71

+12.0% 19-22

Quick ratio

0.63

-4.4% 19-22

Solvency

41.2%

+20.9% 19-22

Debt / equity

1.43

+929.7% 19-22

ROE

26.8%

+20.2% 19-22

ROA

11.0%

+45.3% 19-22

Net margin

6.1%

+40.4% 19-22

EBITDA margin

8.8%

+48.8% 19-22

Interest coverage

22.73

+102.0% 19-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	volledig
Revenue	€13.91M
EBITDA	€1.22M
Net profit	€844k
Cash flow	€918k
Staff costs	€1.67M
Income taxes	€321k
Dividends	€0
Total assets	€7.64M
Equity	€3.15M
Debt	€4.49M
of which ≤ 1y	€4.21M
of which > 1y	€274k
Working capital	€2.98M
Employees (FTE)	25.4

Ratios (computed)

	2022
Current ratio	1.71
Quick ratio	0.63
Working capital ratio	39.0%
Solvency	41.2%
Debt / equity	1.43
Long-term debt ratio	0.09
Interest coverage	22.73
Gross margin	27.3%
Net margin	6.1%
ROA	11.0%
ROE	26.8%
EBITDA margin	8.8%
Days sales outstanding	38d
Days payable outstanding	58d
Inventory turnover	2.24
Days inventory (DSI)	163d

Balance-sheet composition 2022

Assets

Fixed assets €449k · 5.9% Current assets €7.19M · 94.1%

Equity & liabilities

Equity €3.15M · 41.2% Debt €4.49M · 58.8%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€7.64M
Fixed assets	21/28	€449k
Tangible fixed assets	22/27	€449k
Current assets	29/58	€7.19M
Stocks & contracts in progress	3	€4.52M
Amounts receivable within one year	40/41	€2.54M
Cash & bank	54/58	€119k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€7.64M
Equity	10/15	€3.15M
Contributions / capital	10/11	€248k
Reserves	13	€2.90M
Accumulated profits (losses)	14	€2k
Provisions & deferred taxes	16	€0
Amounts payable	17/49	€4.49M
Amounts payable after one year	17	€274k
Amounts payable within one year	42/48	€4.21M
Trade debts payable within one year	44	€1.62M
Income statement
Turnover	70	€13.91M
Operating result	9901	€1.15M
Financial income	75	€56k
Financial charges	65	€63k
Result before taxes	9903	€1.14M
Income taxes	67/77	€321k
Net result for the period	9904	€844k
Result to be appropriated	9905	€863k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST-	04-12-2023 → present	Belgian State Gazette
Curator	VINCENT VERLAECKT HOUTEN SCHOEN 54, 9100 SINT-NIKLAAS	04-12-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in andere machines en werktuigen, neg(46649)
Legal form	Private limited company(610)
Incorporation	31-10-1985
Status	Active
Postal code	9140
First BS signal	08-12-2023
Latest BS signal	08-12-2023

Establishment units 2 locations

KARCHER CENTRUM-ELVERSELE

Nieuwe Steenweg 109, 9140 TemseOverige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.

since 19852.102.536.465

KARCHER CENTER VAN MOL OOST afdeling Oudenaarde

Industriepark "De Bruwaan" 67, 9700 OudenaardeGroothandel in elektrisch materiaal, inclusief installatiemateriaal

since 20162.253.403.733

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45508A0120/00A012	Flanders	1.6 ha	1 · 1.6 ha	25.8 m · 3 fl.
46008A0311/00D000	Flanders	6,355 m²	1 · 2,598 m²	7.7 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

08-12-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · K.C. VAN MOL OOST BV NIEUWE STEENWEG 109, 9140 TEMSE · event 04-12-2023

29-11-2023