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KEMA

Open bankruptcy
Public limited companyfounded 1997Kaulillerweg 96, 3990 Peer, BelgiumKBO/BCE: BE 0459.747.336
Summary

A bankruptcy procedure is open for KEMA according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €155,110 and a net result of -€893.

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, Hasselt division
Declared bankrupt
13 February 2025
Supervising judge
Jo Kenis
Official Gazette
19-02-2025 (pdf) ↗search the document for 2025/107132

Deadlines

Provisional date payments stopped
28 January 2025Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 6 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 15 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 27 March 2025Goods 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 13 February 2026Late, 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

Four 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 · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-09-2024, 57 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
57 d late
2022
423 d late
2021
788 d late
2020
257 d late
2019
138 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 333 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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
UBO non-compliance

History

On 3 January 1997, KEMA was incorporated.1 Total assets went from EUR 409,984 in 2018 to EUR 247,016 in 2023.2 The company was declared bankrupt on 13 February 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 19-02-2025

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€155,110▼ 0.6%
2022 · €156,003
Total assets
€247,016▲ 1.9%
2022 · €242,487
Net result
-€893▲ 92.4%
2022 · -€11,777
Working capital
-€23,157▲ 14.1%
2022 · -€26,943
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
Line20192020202120222023
Operating result€114,544▲ 231%€8,869▼ 92.3%€5,742▼ 35.3%-€16,758-€1,673▲ 90.0%
Net result€74,452▲ 248%-€5,132€3,059-€11,777-€893▲ 92.4%
Equity€163,770▲ 83.4%€164,722▲ 0.6%€167,781▲ 1.9%€156,003▼ 7.0%€155,110▼ 0.6%
Total assets€409,984=€246,815▼ 39.8%€246,463▼ 0.1%€242,487▼ 1.6%€247,016▲ 1.9%
Debt€309,434▼ 6.0%€48,831▼ 84.2%€45,971▼ 5.9%€86,483▲ 88.1%€91,906▲ 6.3%
Working capital-€130,724▲ 15.6%€4,125€12,742▲ 209%-€26,943-€23,157▲ 14.1%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2019: €114,544€114,544Net result 2019: €74,452€74,452Operating result 2020: €8,869€8,869Net result 2020: -€5,132-€5,132Operating result 2021: €5,742€5,742Net result 2021: €3,059€3,059Operating result 2022: -€16,758-€16,758Net result 2022: -€11,777-€11,777Operating result 2023: -€1,673-€1,673Net result 2023: -€893-€89320192020202120222023-€20,000-€10,000€0€10,000Operating result 2021: €5,742€5,740Net result 2021: €3,059€3,060Operating result 2022: -€16,758-€16,800Net result 2022: -€11,777-€11,800Operating result 2023: -€1,673-€1,670Net result 2023: -€893-€893202120222023
The operating result stays negative: a loss of €1,673 in 2023 against €16,758 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €247,016
Fixed assets €179,567 ▼ 2.6%
Current assets €67,448 ▲ 15.9%
Equity and liabilities €247,016
Equity €155,110 ▼ 0.6%
Debt €91,906 ▲ 6.3%
Debt's share of the balance-sheet total rises from 35.7% to 37.2%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€3,069▲
2022 · -€12,017
Cash flow
€3,848▲
2022 · -€7,036
Current ratio
0.74▲
2022 · 0.68
Debt to equity
0.59▲
2022 · 0.55
ROE
-0.6%▲
2022 · -7.5%
ROA
-0.4%▲
2022 · -4.9%
Interest coverage
14.59▲
2022 · -5.45
Debt ≤ 1 year
€90,606▲
2022 · €85,121
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 · 2023 against 2022 · 45 lines
Balance sheet Code20222023
Assets
Total assets20/58€242,487€247,016▲
Fixed assets21/28€184,309€179,567▼
Tangible fixed assets22/27€184,309€179,567▼
Land and buildings22€184,309€179,567▼
Current assets29/58€58,178€67,448▲
Amounts receivable within one year40/41€53,525€63,854▲
Trade receivables40€928€928=
Other amounts receivable41€52,597€62,925▲
Cash at bank and in hand54/58€4,653€3,396▼
Deferred charges and accrued income490/1-€199
Equity and liabilities
Total equity and liabilities10/49€242,487€247,016▲
Equity10/15€156,003€155,110▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€94,030€93,137▼
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Distributable reserves133€87,833€86,939▼
Amounts payable17/49€86,483€91,906▲
Amounts payable within one year42/48€85,121€90,606▲
Trade debts44€27,284€35,892▲
Suppliers440/4€27,284€35,892▲
Taxes, remuneration and social security45€47,778€46,323▼
Taxes450/3€47,778€46,323▼
Other amounts payable47/48€10,060€8,391▼
Accrued charges and deferred income492/3€1,362€1,300▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,741€4,741=
Other operating charges640/8€31,795€4,341▼
Gross operating margin9900€19,778€7,410▼
Operating profit (loss)9901-€16,758-€1,673▲
Financial income75/76B€969€990▲
Recurring financial income75€969€990▲
Financial charges65/66B€2,205€210▼
Recurring financial charges65€2,205€210▼
Profit (loss) for the period before taxes9903-€17,994-€893▲
Transfer from deferred taxes780€32,711-
Income taxes67/77€26,495-
Profit (loss) for the period9904-€11,777-€893▲
Transfer from tax-exempt reserves789€84,061-
Profit (loss) for the period to be appropriated9905€72,284-€893▼
Appropriation of the result
Profit (loss) to be appropriated9906€72,284-€893▼
Transfer from equity791/2-€893
Transfer to equity691/2€72,284-
To other reserves6921€72,284-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,652€6,614€5,348€4,741€4,741=
Other operating charges640/8-€4,719€3,995€31,795€4,341▼ 86.3%
Non-recurring operating charges66A--€2,793---
Gross operating margin9900€125,277€20,202€17,878€19,778€7,410▼ 62.5%
Operating profit (loss)9901€114,544€8,869€5,742-€16,758-€1,673▲ 90.0%
Financial income75/76B--€591€969€990▲ 2.1%
Recurring financial income75€0-€591€969€990▲ 2.1%
Financial charges65/66B-€11,567€1,476€2,205€210▼ 90.5%
Recurring financial charges65€5,861€11,567€1,476€2,205€210▼ 90.5%
Non-recurring financial charges66B--€0---
Profit (loss) for the period before taxes9903€108,682-€2,697€4,857-€17,994-€893▲ 95.0%
Transfer from deferred taxes780-€550€550€32,711--
Income taxes67/77€34,780€2,985€2,348€26,495--
Profit (loss) for the period9904€74,452-€5,132€3,059-€11,777-€893▲ 92.4%
Transfer from tax-exempt reserves789-€825€825€84,061--
Profit (loss) for the period to be appropriated9905€75,278-€4,307€3,884€72,284-€893▼ 101%
Line20192020202120222023Change
Assets
Total assets20/58€409,984€246,815€246,463€242,487€247,016▲ 1.9%
Formation expenses20€0-----
Fixed assets21/28€392,994€194,399€189,050€184,309€179,567▼ 2.6%
Intangible fixed assets21€0-----
Tangible fixed assets22/27€392,994€194,399€189,050€184,309€179,567▼ 2.6%
Land and buildings22-€194,399€189,050€184,309€179,567▼ 2.6%
Financial fixed assets28€0-----
Current assets29/58€41,181€52,416€57,413€58,178€67,448▲ 15.9%
Stocks and contracts in progress3€0-----
Amounts receivable within one year40/41€36,640€50,241€50,246€53,525€63,854▲ 19.3%
Trade receivables40-€928€928€928€928=
Other amounts receivable41-€49,313€49,318€52,597€62,925▲ 19.6%
Current investments50/53€0-----
Cash at bank and in hand54/58€4,541€2,175€7,166€4,653€3,396▼ 27.0%
Deferred charges and accrued income490/1----€199-
Equity and liabilities
Total equity and liabilities10/49€409,984€246,815€246,463€242,487€247,016▲ 1.9%
Equity10/15€163,770€164,722€167,781€156,003€155,110▼ 0.6%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Reserves13€101,796€102,748€105,807€94,030€93,137▼ 1.0%
Non-distributable reserves130/1-€6,197€6,197€6,197€6,197=
Legal reserve130-€6,197€6,197€6,197€6,197=
Tax-exempt reserves132-€84,886€84,061---
Distributable reserves133-€11,665€15,549€87,833€86,939▼ 1.0%
Profit (loss) carried forward14-€18,205-----
Provisions and deferred taxes16€11,233€33,262€32,711---
Deferred taxes168-€33,262€32,711---
Amounts payable17/49€309,434€48,831€45,971€86,483€91,906▲ 6.3%
Amounts payable after more than one year17€111,499-----
Amounts payable within one year42/48€171,905€48,291€44,671€85,121€90,606▲ 6.4%
Current portion of amounts payable after more than one year42-€5,500----
Trade debts44€18,076€15,093€13,774€27,284€35,892▲ 31.5%
Suppliers440/4-€15,093€13,774€27,284€35,892▲ 31.5%
Taxes, remuneration and social security45-€18,489€20,837€47,778€46,323▼ 3.0%
Taxes450/3-€18,489€20,837€47,778€46,323▼ 3.0%
Other amounts payable47/48-€9,210€10,060€10,060€8,391▼ 16.6%
Accrued charges and deferred income492/3-€540€1,300€1,362€1,300▼ 4.6%
Line20192020202120222023Change
Profit (loss) for the period9904€74,452-€5,132€3,059-€11,777-€893▲ 92.4%
+ Depreciation and write-downs630€12,652€6,614€5,348€4,741€4,741=
Operating cash flow (approximation)€87,104€1,481€8,407-€7,036€3,848▲ 155%
Investment in fixed assets (approximation)-€191,981€0€0€0-
Change in cash--€2,366€4,991-€2,513-€1,257▲ 50.0%

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
19-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 13-02-2025
2024
26-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
26-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 423 days late
26-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 788 days late
23-02
KBO administration UBO non-compliance
event 15-02-2024
2022
31-12
Financial Weakest financial yearnet -€11,777
Net result drops to -€11,777, the lowest in the series.
14-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 257 days late
2021
31-12
Financial Back to profitnet €3,059
Net result €3,059 after one loss-making year.
2020
31-12
Financial Liquidity times 5current ratio 1.09
Current ratio from 0.24 to 1.09; short-term debt falls from €171,905 to €48,291.
16-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 138 days late
16-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 504 days late
2019
31-12
Financial Highest result since 2018net €74,452 ▲248%
Operating result €114,544, net result €74,452, both a record.
Show earlier events
31-12
Financial Equity above €150,000Eq €163,770 ▲83.4%
2 profitable years in a row build equity to €163,770.
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 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, Peer · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1,566 m²
Building footprint
283 m²
Volume, LiDAR
1,359 m³
Parcel 72010A0357/00M000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
KEMA NV
Kaulillerweg 96, 3990 PeerNACE 70201
since 19972.080.128.178
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72010A0357/00M000 Flanders 1,565 m² 1 · 283 m² 10.4 m · 1 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

3 mandates
Role Name Tenure
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
13-02-2025 → present
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
13-02-2025 → present
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
13-02-2025 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. BATO INVEST 100%
  2. KEMA

Highest known parent: BATO INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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 formPublic limited company
Founded03-01-1997
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 29 September 2026 · Peppol Directory

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