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KELDICO

Bankruptcy1 interim measure
Private limited company (pre-2019)founded 1999KBO/BCE: BE 0468.300.261
Summary

The KBO register records for KELDICO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €33,931 and a net result of -€30,049.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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
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 · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-10-2022, 68 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.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
68 d late
2020
265 d late
2019
564 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 299 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 December 1999, KELDICO was incorporated.1 Total assets went from EUR 246,077 in 2018 to EUR 101,185 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
€33,931▼ 47.0%
2020 · €63,980
Total assets
€101,185▼ 34.8%
2020 · €155,231
Net result
-€30,049▼ 76.8%
2020 · -€17,000
Working capital
€28,051▲ 1.3%
2020 · €27,696
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
Line2018201920202021
Operating result€13,921--€37,570-€16,527▲ 56.0%-€29,953▼ 81.2%
Net result-€148--€39,106▼ 26,404%-€17,000▲ 56.5%-€30,049▼ 76.8%
Equity€120,086-€80,980▼ 32.6%€63,980▼ 21.0%€33,931▼ 47.0%
Total assets€246,077-€204,784▼ 16.8%€155,231▼ 24.2%€101,185▼ 34.8%
Debt€125,990-€123,803▼ 1.7%€91,251▼ 26.3%€67,254▼ 26.3%
Working capital€28,278-€23,539▼ 16.8%€27,696▲ 17.7%€28,051▲ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €13,921€13,921Net result 2018: -€148-€148Operating result 2019: -€37,570-€37,570Net result 2019: -€39,106-€39,106Operating result 2020: -€16,527-€16,527Net result 2020: -€17,000-€17,000Operating result 2021: -€29,953-€29,953Net result 2021: -€30,049-€30,0492018201920202021-€40,000-€30,000-€20,000-€10,000€0Operating result 2019: -€37,570-€37,600Net result 2019: -€39,106-€39,100Operating result 2020: -€16,527-€16,500Net result 2020: -€17,000-€17,000Operating result 2021: -€29,953-€30,000Net result 2021: -€30,049-€30,000201920202021
The operating result stays negative: a loss of €29,953 in 2021 against €16,527 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €101,185
Fixed assets €5,880 ▼ 83.8%
Current assets €95,305 ▼ 19.9%
Equity and liabilities €101,185
Equity €33,931 ▼ 47.0%
Debt €67,254 ▼ 26.3%
Debt's share of the balance-sheet total rises from 58.8% to 66.5%. Equity and debt are lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€451▼
2020 · €13,877
Cash flow
€355▼
2020 · €13,404
Current ratio
1.42▲
2020 · 1.30
Quick ratio
1.19▲
2020 · 0.90
Debt to equity
1.98▲
2020 · 1.43
ROE
-88.6%▼
2020 · -26.6%
ROA
-29.7%▼
2020 · -11.0%
Interest coverage
1.37▼
2020 · 30.15
Debt ≤ 1 year
€67,254▼
2020 · €91,251
Staff costs
€65
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 · 2021 against 2020 · 43 lines
Balance sheet Code20202021
Assets
Total assets20/58€155,231€101,185▼
Fixed assets21/28€36,284€5,880▼
Tangible fixed assets22/27€31,034€630▼
Plant, machinery and equipment23€31,034€630▼
Financial fixed assets28€5,250€5,250=
Current assets29/58€118,947€95,305▼
Stocks and contracts in progress3€36,869€15,003▼
Stocks30/36€36,869€15,003▼
Amounts receivable within one year40/41€72,219€46,072▼
Trade receivables40€36,985€18,499▼
Other amounts receivable41€35,233€27,573▼
Cash at bank and in hand54/58€9,686€30,450▲
Deferred charges and accrued income490/1€174€3,780▲
Equity and liabilities
Total equity and liabilities10/49€155,231€101,185▼
Equity10/15€63,980€33,931▼
Contributions10/11€68,750€68,750=
Reserves13€15,598€15,598=
Non-distributable reserves130/1€6,875€6,875=
Reserves not available under the articles1311€6,875€6,875=
Distributable reserves133€8,723€8,723=
Profit (loss) carried forward14-€20,368-€50,417▼
Amounts payable17/49€91,251€67,254▼
Amounts payable within one year42/48€91,251€67,254▼
Trade debts44€80,969€58,731▼
Suppliers440/4€80,969€58,731▼
Taxes, remuneration and social security45€2,128€1,485▼
Taxes450/3€2,128€1,485▼
Other amounts payable47/48€8,154€7,037▼
Income statement Code20202021
Remuneration, social security and pensions62-€65
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,404€30,404=
Other operating charges640/8€120€688▲
Gross operating margin9900€13,997€1,204▼
Operating profit (loss)9901-€16,527-€29,953▼
Financial income75/76B€0€233▲
Recurring financial income75€0€233▲
Financial charges65/66B€460€329▼
Recurring financial charges65€460€329▼
Profit (loss) for the period before taxes9903-€16,988-€30,049▼
Income taxes67/77€13-
Profit (loss) for the period9904-€17,000-€30,049▼
Profit (loss) for the period to be appropriated9905-€17,000-€30,049▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,368-€50,417▼
Profit (loss) brought forward from the previous period14P-€3,368-€20,368▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€65-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,694€30,404€30,404€30,404=
Other operating charges640/8--€120€688▲ 474%
Gross operating margin9900€50,256-€5,526€13,997€1,204▼ 91.4%
Operating profit (loss)9901€13,921-€37,570-€16,527-€29,953▼ 81.2%
Financial income75/76B--€0€233▲ 259,089%
Recurring financial income75€15€52€0€233▲ 259,089%
Financial charges65/66B--€460€329▼ 28.5%
Recurring financial charges65€14,022€1,588€460€329▼ 28.5%
Profit (loss) for the period before taxes9903-€85-€39,106-€16,988-€30,049▼ 76.9%
Income taxes67/77€62-€13--
Profit (loss) for the period9904-€148-€39,106-€17,000-€30,049▼ 76.8%
Profit (loss) for the period to be appropriated9905-€148-€39,106-€17,000-€30,049▼ 76.8%
Line2018201920202021Change
Assets
Total assets20/58€246,077€204,784€155,231€101,185▼ 34.8%
Fixed assets21/28€91,845€61,441€36,284€5,880▼ 83.8%
Tangible fixed assets22/27€91,843€61,439€31,034€630▼ 98.0%
Plant, machinery and equipment23--€31,034€630▼ 98.0%
Financial fixed assets28€3€3€5,250€5,250=
Current assets29/58€154,231€143,343€118,947€95,305▼ 19.9%
Stocks and contracts in progress3€33,427€37,355€36,869€15,003▼ 59.3%
Stocks30/36--€36,869€15,003▼ 59.3%
Amounts receivable within one year40/41€100,236€95,905€72,219€46,072▼ 36.2%
Trade receivables40--€36,985€18,499▼ 50.0%
Other amounts receivable41--€35,233€27,573▼ 21.7%
Cash at bank and in hand54/58€20,568€9,913€9,686€30,450▲ 214%
Deferred charges and accrued income490/1--€174€3,780▲ 2,075%
Equity and liabilities
Total equity and liabilities10/49€246,077€204,784€155,231€101,185▼ 34.8%
Equity10/15€120,086€80,980€63,980€33,931▼ 47.0%
Contributions10/11€68,750-€68,750€68,750=
Reserves13€15,598€15,598€15,598€15,598=
Non-distributable reserves130/1--€6,875€6,875=
Reserves not available under the articles1311--€6,875€6,875=
Distributable reserves133--€8,723€8,723=
Profit (loss) carried forward14€35,738-€3,368-€20,368-€50,417▼ 148%
Amounts payable17/49€125,990€123,803€91,251€67,254▼ 26.3%
Amounts payable after more than one year17-€4,000---
Amounts payable within one year42/48€125,953€119,803€91,251€67,254▼ 26.3%
Trade debts44€114,140€112,103€80,969€58,731▼ 27.5%
Suppliers440/4--€80,969€58,731▼ 27.5%
Taxes, remuneration and social security45--€2,128€1,485▼ 30.2%
Taxes450/3--€2,128€1,485▼ 30.2%
Other amounts payable47/48--€8,154€7,037▼ 13.7%
Line2018201920202021Change
Profit (loss) for the period9904-€148-€39,106-€17,000-€30,049▼ 76.8%
+ Depreciation and write-downs630€34,694€30,404€30,404€30,404=
Operating cash flow (approximation)€34,546-€8,702€13,404€355▼ 97.3%
Investment in fixed assets (approximation)-€0-€5,247€0▲ 100%
Change in cash--€10,655-€227€20,764▲ 9,242%

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
26-05
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
2023
24-05
Bankruptcy Judicial dissolution and immediate closure
Ondernemingsrechtbank Gent, afdeling Dendermonde
2022
07-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
22-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 265 days late
15-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 564 days late
2021
08-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 586 days late
2019
31-12
Financial Weakest financial yearnet -€39,106
Net result drops to -€39,106, the lowest in the series.
2018
29-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
06-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 249 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Sint-Niklaas
approximate (street level) On OpenStreetMap
Ground area
9,306 m²
Parcel 46443E0406/03_000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46443E0406/03_000indicative Flanders 9,306 m² - -
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2021 list no shareholders, and no other source names one.

Holdings 1

According to the 2021 annual accounts of KELDICO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-12-1999
Fiscal year end31-12
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 28 September 2026 · Peppol Directory

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