K.C. VAN MOL WEST
InactiveK.C. VAN MOL WEST was declared bankrupt on 04-12-2023 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 19-01-2026, published in the Belgian State Gazette on 26-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline22-09-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 30-11-2023, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
30 d late
2022
13 d early
2021
17 d early
2020
2 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€1.50M▲ 18.7%
2022 · €1.26M
2019: €769k
2020: €872k
2021: €996k
2022: €1.26M
2019 → 2023
Total assets
€2.98M▼ 14.7%
2022 · €3.50M
2019: €3.31M
2020: €3.71M
2021: €3.11M
2022: €3.50M
2019 → 2023
Net result
€237k▼ 11.9%
2022 · €269k
2019: €13k
2020: €103k
2021: €124k
2022: €269k
2019 → 2023
Working capital
€1.40M▲ 27.1%
2022 · €1.10M
2019: €575k
2020: €667k
2021: €844k
2022: €1.10M
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€769k-€872k▲ 13.4%€996k▲ 14.2%€1.26M▲ 27.0%€1.50M▲ 18.7%
Operating result€85k-€150k▲ 75.4%€155k▲ 3.7%€352k▲ 127%€325k▼ 7.8%
Net result€13k-€103k▲ 702%€124k▲ 20.5%€269k▲ 117%€237k▼ 11.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 8% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.98M
Fixed assets
€105k▼ 38.1%
Current assets
€2.88M▼ 13.5%
Equity and liabilities €2.98M
Equity
€1.50M▲ 18.7%
Debt
€1.48M▼ 33.6%
The debt ratio falls from 63.8% to 49.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€362k▼
2022 · €425k
Cash flow
€274k▼
2022 · €342k
Solvency
50.3%▲
2022 · 36.2%
Current ratio
1.95▲
2022 · 1.50
Quick ratio
0.24▼
2022 · 0.29
Debt / equity
0.99▼
2022 · 1.77
ROE
15.8%▼
2022 · 21.3%
ROA
7.9%▲
2022 · 7.7%
Interest coverage
17.08▼
2022 · 20.73
Debt
€1.48M▼
2022 · €2.23M
Debt ≤ 1 year
€1.48M▼
2022 · €2.22M
Debt > 1 year
€0▼
2022 · €5k
Income taxes
€90k▼
2022 · €96k
Staff costs
€779k▼
2022 · €799k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€3.50M€2.98M▼
Fixed assets21/28€170k€105k▼
Tangible fixed assets22/27€168k€103k▼
Plant, machinery and equipment23€146k€98k▼
Furniture and vehicles24€22k€6k▼
Leasing and similar rights25€715€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.33M€2.88M▼
Stocks and contracts in progress3€2.69M€2.52M▼
Stocks30/36€2.69M€2.52M▼
Amounts receivable within one year40/41€592k€335k▼
Trade receivables40€571k€322k▼
Other amounts receivable41€21k€13k▼
Cash at bank and in hand54/58€38k€14k▼
Deferred charges and accrued income490/1€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€3.50M€2.98M▼
Equity10/15€1.26M€1.50M▲
Contributions10/11€400k€400k=
Reserves13€864k€1.07M▲
Non-distributable reserves130/1€40k€0▼
Reserves not available under the articles1311€40k€0▼
Tax-exempt reserves132€24k€24k=
Distributable reserves133€800k€1.05M▲
Profit (loss) carried forward14€704€28k▲
Amounts payable17/49€2.23M€1.48M▼
Amounts payable after more than one year17€5k€0▼
Financial debts170/4€5k€0▼
Amounts payable within one year42/48€2.22M€1.48M▼
Current portion of amounts payable after more than one year42€199k€122k▼
Financial debts43€700k€400k▼
Credit institutions430/8€700k€400k▼
Trade debts44€562k€323k▼
Suppliers440/4€562k€323k▼
Taxes, remuneration and social security45€150k€130k▼
Taxes450/3€13k€36k▲
Remuneration and social security454/9€136k€94k▼
Other amounts payable47/48€614k€500k▼
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20222023
Non-recurring operating income76A€6k€22k▲
Remuneration, social security and pensions62€799k€779k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€37k▼
Other operating charges640/8€25k€29k▲
Non-recurring operating charges66A€11k€0▼
Gross operating margin9900€1.26M€1.17M▼
Operating profit (loss)9901€352k€325k▼
Financial income75/76B€33k€23k▼
Recurring financial income75€33k€23k▼
Financial charges65/66B€20k€21k▲
Recurring financial charges65€20k€21k▲
Profit (loss) for the period before taxes9903€365k€327k▼
Income taxes67/77€96k€90k▼
Profit (loss) for the period9904€269k€237k▼
Profit (loss) for the period to be appropriated9905€269k€237k▼
Appropriation of the result
Profit (loss) to be appropriated9906€276k€238k▼
Profit (loss) brought forward from the previous period14P€7k€704▼
Transfer to equity691/2€275k€210k▼
To other reserves6921€275k€210k▼
Social balance
Average headcount (FTE)908713.112.0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-01
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · K.C. VAN MOL WEST BV LEERLOOIERIJSTRAAT 3, 8600 DIKSMUIDE · event 19-01-2026
2023
08-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · K.C. VAN MOL WEST BV LEERLOOIERIJSTRAAT 3, 8600 DIKSMUIDE · event 04-12-2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €269k ▲117%
Operating result €352k, net result €269k, both a record.
31-03
Financial
Equity above €1MEq €1.26M ▲27%
4 profitable years in a row build equity to €1.26M.
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
24-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
04-12-2023 → present |
| Curator | VINCENT VERLAECKT HOUTEN
SCHOEN 54, 9100 SINT-NIKLAAS |
04-12-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 591 EUR awarded · 591 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 591 EUR | 591 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)