KANTOOR BRAMS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for KANTOOR BRAMS according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-70k) and a net result of €23k.

Based on the State Gazette, CBE and 4 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

25-06-2025

Bankruptcy Opening

Date: 19-06-2025 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KANTOOR BRAMS BV MOLEN- STRAAT (B) 13, 3980 TESSENDERLO-HAM · Publications in State Gazette ↗

Full timeline and publications

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

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.

Filed after the deadline

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-09-2022, 58 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.

How we compute the deadline

The year end is derived from 8 filed financial years, each closing on 31-12. 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 31-12-2021, that is 31-07-2022.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	nothing on record	not filed	-
31-12-2021	31-07-2022	27-09-2022	58 d late	2022-20436314
31-12-2020	31-07-2021	22-07-2021	9 d early	2021-38700066
31-12-2019	31-07-2020	23-07-2020	8 d early	2020-33400240
31-12-2018	31-07-2019	26-07-2019	5 d early	2019-39300037
31-12-2017	31-07-2018	27-07-2018	4 d early	2018-39600458
31-12-2016	31-07-2017	30-08-2017	30 d late	2017-54000192
31-12-2015	31-07-2016	31-08-2016	31 d late	2016-55800081
31-12-2014	31-07-2015	12-08-2015	12 d late	2015-41700124

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€23k

Working capital€-35k+34.3%

Directors2

CSV export

Annual accounts & ratios

Source: NBB · 2021

Annual accounts filed on 27-09-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

EBITDA

€36k

- 18-21

Net profit

€23k

- 18-21

Cash flow

€30k

- 18-21

Total assets

€54k

+22.0% 18-21

Equity

€-70k

+25.0% 18-21

Working capital

€-35k

+34.3% 18-21

Employees (FTE)

1

-50.0% 18-21

Staff costs

€0

- 18-21

Show 11 other metrics

Income taxes

€0

- 18-21

Debt

€125k

-9.9% 18-21

Debt ≤ 1y

€65k

+6.6% 18-21

Debt > 1y

€60k

-22.9% 18-21

Current ratio

0.47

+241.8% 18-21

Quick ratio

0.47

+241.8% 18-21

Solvency

-130.1%

+38.5% 18-21

Debt / equity

-1.77

-115.1% 18-21

ROE

-33.3%

- 18-21

ROA

43.3%

- 18-21

Interest coverage

5.63

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€36k
Net profit	€23k
Cash flow	€30k
Staff costs	€0
Income taxes	€0
Dividends	-
Total assets	€54k
Equity	€-70k
Debt	€125k
of which ≤ 1y	€65k
of which > 1y	€60k
Working capital	€-35k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.47
Quick ratio	0.47
Working capital ratio	-63.9%
Solvency	-130.1%
Debt / equity	-1.77
Long-term debt ratio	-0.84
Interest coverage	5.63
Gross margin	-
Net margin	-
ROA	43.3%
ROE	-33.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €24k · 43.8% Current assets €30k · 56.3%

Full annual accounts (25 line items)

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

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€54k
Fixed assets	21/28	€24k
Tangible fixed assets	22/27	€24k
Financial fixed assets	28	€0
Current assets	29/58	€30k
Amounts receivable within one year	40/41	€22k
Investments	50/53	€6k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€54k
Equity	10/15	€-70k
Contributions / capital	10/11	€19k
Reserves	13	€1k
Accumulated profits (losses)	14	€-90k
Amounts payable	17/49	€125k
Amounts payable after one year	17	€60k
Amounts payable within one year	42/48	€65k
Trade debts payable within one year	44	€764
Income statement
Gross operating margin	9900	€36k
Operating result	9901	€29k
Financial income	75	€518
Financial charges	65	€6k
Result before taxes	9903	€23k
Income taxes	67/77	€0
Net result for the period	9904	€23k
Result to be appropriated	9905	€23k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2021 · 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.

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 2021 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

2 mandates

Role	Name	Tenure	Source
Curator	MICHAEL WARSON KUNSTLAAN 18 BUS 6, 3500 HASSELT	19-06-2025 → present	Belgian State Gazette
Curator	TOM RENCKENS KUNST- LAAN 18 BUS 6, 3500 HASSELT	19-06-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	03-07-2013
Status	Active
Postal code	3980
First BS signal	25-06-2025
Latest BS signal	25-06-2025

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.

2 court or liquidation mandates are 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

exact location from the address register On OpenStreetMap

Establishment units

1 location

Kantoor Brams

Molenstraat (B) 13, 3980 Tessenderlo-HamVerstrekken van verbruikskrediet

since 20132.220.651.880

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

Parcels1

Ground area672 m²

Buildings1

Building footprint199 m²

Volume (LiDAR)1,509 m³

Tallest building10.3 m · ±3 fl.

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.
71363C1486/00B002	Flanders	672 m²	1 · 199 m²	10.3 m · 3 fl.

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

25-06-2025

Bankruptcy Opening

Date: 19-06-2025 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KANTOOR BRAMS BV MOLEN- STRAAT (B) 13, 3980 TESSENDERLO-HAM · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette · acts

0 of 5 acts read

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

18 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 33

Growth 58

Stability 0

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameNL

KANTOOR BRAMS

Registered office

Molenstraat (B) 13

3980 Tessenderlo-Ham, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.