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KATRAX

Open bankruptcy
Private limited company (pre-2019)founded 1997KBO/BCE: BE 0460.155.429
Summary

A bankruptcy procedure is open for KATRAX according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisation notices and 1 administrative flag. The 2020 annual accounts show equity of €38,062 and a net result of -€5,565.

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
Enterprise Court of Antwerp, Turnhout division
Declared bankrupt
12 April 2022
Supervising judge
Kurt Bomhals
Official Gazette
20-04-2022 (pdf) ↗search the document for 2022/114049

Deadlines

Provisional date payments stopped
12 October 2021Moved back by judgment of 28 June 2022. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 5 May 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 May 2022art. XX.104 and XX.155 CEL
First verification report
passed on 24 May 2022Goods 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 12 April 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 6 March 1997, KATRAX was incorporated.1 Total assets went from EUR 36,376 in 2018 to EUR 204,396 in 2020.2 The company was declared bankrupt on 12 April 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 20-04-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
€38,062▼ 12.8%
2019 · €43,627
Total assets
€204,396▲ 33.7%
2019 · €152,891
Net result
-€5,565
2019 · €12,822
Working capital
€23,464▼ 23.2%
2019 · €30,565
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line201820192020
Operating result€11,796-€16,788▲ 42.3%€3,365▼ 80.0%
Net result€11,751-€12,822▲ 9.1%-€5,565below the sector's middle half
Equity€30,805-€43,627▲ 41.6%€38,062within the sector's middle half▼ 12.8%
Total assets€36,376-€152,891▲ 320%€204,396within the sector's middle half▲ 33.7%
Debt€5,571-€109,264▲ 1,861%€166,334▲ 52.2%
Working capital€26,018-€30,565▲ 17.5%€23,464within the sector's middle half▼ 23.2%
Solvency84.7%-28.5%▼ 56.1pp18.6%below the sector's middle half▼ 9.9pp
Current ratio5.67-1.28▼ 4.391.14within the sector's middle half▼ 0.14
Return on assets (ROA)32.3%-8.4%▼ 23.9pp-2.7%below the sector's middle half▼ 11.1pp
Staff (FTE)0.3below the sector's middle half
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
-€10,000€0€10,000€20,000Operating result 2018: €11,796€11,796Net result 2018: €11,751€11,751Operating result 2019: €16,788€16,788Net result 2019: €12,822€12,822Operating result 2020: €3,365€3,365Net result 2020: -€5,565-€5,565201820192020-€10,000€0€10,000€20,000Operating result 2018: €11,796€11,800Net result 2018: €11,751€11,800Operating result 2019: €16,788€16,800Net result 2019: €12,822€12,800Operating result 2020: €3,365€3,370Net result 2020: -€5,565-€5,560201820192020
The operating result falls in 2020; 2020 is 80% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €204,396
Fixed assets €14,599 ▲ 11.8%
Current assets €189,797 ▲ 35.7%
Equity and liabilities €204,396
Equity €38,062 ▼ 12.8%
Debt €166,334 ▲ 52.2%
Debt's share of the balance-sheet total rises from 71.5% to 81.4%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€8,110▼
2019 · €19,828
Cash flow
-€819▼
2019 · €15,862
ROE
-14.6%▼
2019 · 29.4%
Debt ≤ 1 year
€166,334▲
2019 · €109,264
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€152,891€204,396▲
Fixed assets21/28€13,062€14,599▲
Intangible fixed assets21-€3,515
Tangible fixed assets22/27€10,962€8,984▼
Financial fixed assets28€2,100€2,100=
Current assets29/58€139,829€189,797▲
Amounts receivable within one year40/41€137,482€168,789▲
Cash at bank and in hand54/58€2,348€1,008▼
Equity and liabilities
Total equity and liabilities10/49€152,891€204,396▲
Equity10/15€43,627€38,062▼
Contributions10/11€18,592-
Reserves13€7,536€7,536=
Profit (loss) carried forward14€17,499€11,934▼
Amounts payable17/49€109,264€166,334▲
Amounts payable within one year42/48€109,264€166,334▲
Trade debts44€107,064€133,283▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,040€4,745▲
Gross operating margin9900€24,473€25,658▲
Operating profit (loss)9901€16,788€3,365▼
Recurring financial income75€1€300▲
Recurring financial charges65€1,767€9,230▲
Profit (loss) for the period before taxes9903€15,022-€5,565▼
Income taxes67/77€2,200-
Profit (loss) for the period9904€12,822-€5,565▼
Profit (loss) for the period to be appropriated9905€12,822-€5,565▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,197€3,040€4,745▲ 56.1%
Gross operating margin9900€14,946€24,473€25,658▲ 4.8%
Operating profit (loss)9901€11,796€16,788€3,365▼ 80.0%
Recurring financial income75€1€1€300▲ 22,977%
Recurring financial charges65€46€1,767€9,230▲ 422%
Profit (loss) for the period before taxes9903€11,751€15,022-€5,565▼ 137%
Income taxes67/77-€2,200--
Profit (loss) for the period9904€11,751€12,822-€5,565▼ 143%
Profit (loss) for the period to be appropriated9905€11,751€12,822-€5,565▼ 143%
Line201820192020Change
Assets
Total assets20/58€36,376€152,891€204,396▲ 33.7%
Fixed assets21/28€4,787€13,062€14,599▲ 11.8%
Intangible fixed assets21--€3,515-
Tangible fixed assets22/27€4,787€10,962€8,984▼ 18.0%
Financial fixed assets28-€2,100€2,100=
Current assets29/58€31,589€139,829€189,797▲ 35.7%
Amounts receivable within one year40/41€13,416€137,482€168,789▲ 22.8%
Cash at bank and in hand54/58€4,658€2,348€1,008▼ 57.0%
Equity and liabilities
Total equity and liabilities10/49€36,376€152,891€204,396▲ 33.7%
Equity10/15€30,805€43,627€38,062▼ 12.8%
Contributions10/11€18,592€18,592--
Reserves13€7,536€7,536€7,536=
Profit (loss) carried forward14€4,677€17,499€11,934▼ 31.8%
Amounts payable17/49€5,571€109,264€166,334▲ 52.2%
Amounts payable within one year42/48€5,571€109,264€166,334▲ 52.2%
Trade debts44€5,571€107,064€133,283▲ 24.5%
Line201820192020Change
Profit (loss) for the period9904€11,751€12,822-€5,565▼ 143%
+ Depreciation and write-downs630€1,197€3,040€4,745▲ 56.1%
Operating cash flow (approximation)€12,947€15,862-€819▼ 105%
Investment in fixed assets (approximation)--€11,314-€6,282▲ 44.5%
Change in cash--€2,311-€1,339▲ 42.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-06
KBO administration Address struck
2022
06-07
Bankruptcy Date of cessation of payments moved back
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 28-06-2022
20-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 12-04-2022
19-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 12-04-2022
28-02
Judicial reorganisation Extension of the stay refused
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · collective agreement · event 22-02-2022
28-01
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 25-01-2022
20-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 173 days late
2020
31-12
Financial Weakest financial yearnet -€5,565
Net result drops to -€5,565, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial Highest result since 2018net €12,822 ▲9.1%
Operating result €16,788, net result €12,822, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
Show earlier events
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
24-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2014
26-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 26 days late
2013
13-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 13 days late
2012
21-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 21 days late
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.

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

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, Herentals · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
KATRAX
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 19972.082.257.131
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13027A0065/00F002 Flanders 1.2 ha 1 · 3,044 m² 24.1 m · 6 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

2 mandates
Role Name Tenure
Curator PAUL VAN ROMPAEY
ZANDBERG 19, 2260 WESTERLO-
12-04-2022 → present
Curator NIELS FEYTONS
ZANDBERG 19, 2260 WESTERLO
12-04-2022 → present

Similar companies · same sector, comparable size

Of 7,302 companies in sector 43350 we hold annual accounts for 2,364. 1,956 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 (pre-2019)
Founded06-03-1997
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460155429
Also 9925:BE0460155429
Registered 11-09-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.