KMW
Open bankruptcyA bankruptcy procedure is open for KMW according to publications in the Belgian State Gazette; curator: THEO MACOURS.
Summary
The 2022 annual accounts show equity of €940,439 and a net result of €149.
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
- 27 June 2024
- Supervising judge
- Guy Vloeberghs
- Official Gazette
- 03-07-2024 (pdf) ↗search the document for 2024/127660
Deadlines
- Provisional date payments stopped
- 21 June 2024Payments 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 18 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 27 July 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 9 August 2024Goods 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 27 June 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Theo MacoursEersels 56, 3980 Tessenderlotheo.macours@legalis.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-06-2023, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
35 d early
2021
19 d early
2020
22 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?TROBEJA · 14 companies Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Manufacture of fabricated metal products, except machinery and equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
€940,439=
2021 · €940,290
Total assets
€4.1m▲ 8.3%
2021 · €3.8m
Net result
€149
2021 · -€659
Working capital
-€266,966
2021 · €72,582
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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
Line20182019202020212022
Operating result€43,301--€325,520€202,845€40,588▼ 80.0%€52,635▲ 29.7%
Net result€5,913--€398,048-€1,237below the sector's middle half▲ 99.7%-€659below the sector's middle half▲ 46.7%€149below the sector's middle half
Equity€1.3m-€942,187▼ 29.7%€940,950within the sector's middle half▼ 0.1%€940,290within the sector's middle half▼ 0.1%€940,439within the sector's middle half=
Total assets€4.6m-€5.0m▲ 7.4%€3.6mabove the sector's middle half▼ 26.9%€3.8mabove the sector's middle half▲ 4.5%€4.1mabove the sector's middle half▲ 8.3%
Debt€3.3m-€4.0m▲ 22.6%€2.7m▼ 33.2%€2.8m▲ 6.1%€3.2m▲ 11.0%
Working capital€953,821-€406,732▼ 57.4%-€7,926below the sector's middle half€72,582within the sector's middle half-€266,966below the sector's middle half
Solvency29.0%-19.0%▼ 10.0pp25.9%within the sector's middle half▲ 7.0pp24.8%within the sector's middle half▼ 1.1pp22.9%below the sector's middle half▼ 1.9pp
Current ratio1.38-1.12▼ 0.271.00below the sector's middle half▼ 0.121.03below the sector's middle half▲ 0.030.92below the sector's middle half▼ 0.11
Return on assets (ROA)0.1%--8.0%▼ 8.2pp0.0%below the sector's middle half▲ 8.0pp0.0%below the sector's middle half=0.0%below the sector's middle half=
Staff (FTE)23.8-21.3▼ 10.5%18.7above the sector's middle half▼ 12.2%19.3above the sector's middle half▲ 3.2%14.9above the sector's middle half▼ 22.8%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 30% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €4.1m
Fixed assets
€1.2m ▲ 39.0%
Current assets
€2.9m ▼ 1.0%
Equity and liabilities €4.1m
Equity
€940,439 =
Debt
€3.2m ▲ 11.0%
Debt's share of the balance-sheet total rises from 75.2% to 77.1%. Debt is higher.
Key figures and ratios
EBITDA
€140,060▲
2021 · €133,250
Cash flow
€87,574▼
2021 · €92,003
Quick ratio
0.31▲
2021 · 0.23
Debt to equity
3.36▲
2021 · 3.03
ROE
0.0%▲
2021 · -0.1%
Interest coverage
2.56▼
2021 · 3.11
Debt ≤ 1 year
€3.1m▲
2021 · €2.8m
Income taxes
€652▼
2021 · €2,047
Staff costs
€815,594▼
2021 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €350,661 | €975,000 | ▲ 178% |
| Remuneration, social security and pensions62 | - | - | - | €1.0m | €815,594 | ▼ 19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €201,634 | €180,549 | €87,040 | €92,662 | €87,424 | ▼ 5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €21,872 | €407,585 | ▲ 1,763% |
| Other operating charges640/8 | - | - | - | €36,921 | €26,645 | ▼ 27.8% |
| Gross operating margin9900 | €1.3m | €841,595 | €1.3m | €1.2m | €1.4m | ▲ 15.9% |
| Operating profit (loss)9901 | €43,301 | -€325,520 | €202,845 | €40,588 | €52,635 | ▲ 29.7% |
| Financial income75/76B | - | - | - | €3,695 | €2,781 | ▼ 24.7% |
| Recurring financial income75 | €1,624 | €4,757 | €0 | €3,695 | €2,781 | ▼ 24.7% |
| Financial charges65/66B | - | - | - | €42,896 | €54,615 | ▲ 27.3% |
| Recurring financial charges65 | €29,567 | €80,803 | €49,945 | €42,896 | €54,615 | ▲ 27.3% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €15,358 | -€401,566 | -€666 | €1,388 | €801 | ▼ 42.3% |
| Income taxes67/77 | €9,445 | -€3,518 | €571 | €2,047 | €652 | ▼ 68.1% |
| Profit (loss) for the period9904 | €5,913 | -€398,048 | -€1,237 | -€659 | €149 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €5,913 | -€398,048 | -€1,237 | -€659 | €149 | ▲ 123% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €5.0m | €3.6m | €3.8m | €4.1m | ▲ 8.3% |
| Formation expenses20 | €72,579 | €0 | - | - | - | - |
| Fixed assets21/28 | €1.1m | €1.0m | €948,875 | €876,804 | €1.2m | ▲ 39.0% |
| Intangible fixed assets21 | - | - | €6,554 | €8,536 | €14,582 | ▲ 70.8% |
| Tangible fixed assets22/27 | €1.1m | €977,475 | €891,031 | €816,762 | €1.2m | ▲ 41.1% |
| Land and buildings22 | - | - | - | €787,885 | €716,259 | ▼ 9.1% |
| Plant, machinery and equipment23 | - | - | - | €17,772 | €23,835 | ▲ 34.1% |
| Furniture and vehicles24 | - | - | - | €11,105 | €412,624 | ▲ 3,616% |
| Financial fixed assets28 | €28,410 | €49,080 | €51,290 | €51,506 | €51,506 | = |
| Current assets29/58 | €3.4m | €3.9m | €2.7m | €2.9m | €2.9m | ▼ 1.0% |
| Stocks and contracts in progress3 | €610,717 | €839,185 | €370,798 | €2.3m | €1.9m | ▼ 14.9% |
| Stocks30/36 | - | - | - | €484,792 | €484,792 | = |
| Contracts in progress37 | - | - | - | €1.8m | €1.4m | ▼ 18.9% |
| Amounts receivable within one year40/41 | €1.5m | €1.4m | €700,924 | €635,020 | €923,236 | ▲ 45.4% |
| Trade receivables40 | - | - | - | €571,058 | €697,584 | ▲ 22.2% |
| Other amounts receivable41 | - | - | - | €63,962 | €225,652 | ▲ 253% |
| Cash at bank and in hand54/58 | €172,757 | €3,545 | €6,946 | €6,083 | €26,930 | ▲ 343% |
| Deferred charges and accrued income490/1 | - | - | - | €14,111 | €11,641 | ▼ 17.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €5.0m | €3.6m | €3.8m | €4.1m | ▲ 8.3% |
| Equity10/15 | €1.3m | €942,187 | €940,950 | €940,290 | €940,439 | = |
| Contributions10/11 | €93,800 | €93,800 | €93,800 | €93,800 | €93,800 | = |
| Capital10 | - | - | - | €93,800 | €93,800 | = |
| Issued capital100 | - | - | - | €100,000 | €100,000 | = |
| Uncalled capital101 | - | - | - | €6,200 | €6,200 | = |
| Reserves13 | €1.2m | €848,387 | €847,150 | €846,490 | €846,639 | = |
| Non-distributable reserves130/1 | - | - | - | €29,482 | €29,482 | = |
| Legal reserve130 | - | - | - | €10,000 | €10,000 | = |
| Reserves not available under the articles1311 | - | - | - | €19,482 | €19,482 | = |
| Tax-exempt reserves132 | - | - | - | €34,948 | €34,948 | = |
| Distributable reserves133 | - | - | - | €782,060 | €782,209 | = |
| Amounts payable17/49 | €3.3m | €4.0m | €2.7m | €2.8m | €3.2m | ▲ 11.0% |
| Amounts payable after more than one year17 | €791,118 | €491,100 | €0 | - | - | - |
| Amounts payable within one year42/48 | €2.5m | €3.5m | €2.7m | €2.8m | €3.1m | ▲ 10.9% |
| Trade debts44 | €377,902 | €502,799 | €330,077 | €233,836 | €195,789 | ▼ 16.3% |
| Suppliers440/4 | - | - | - | €233,836 | €195,789 | ▼ 16.3% |
| Taxes, remuneration and social security45 | - | - | - | €218,614 | €107,001 | ▼ 51.1% |
| Taxes450/3 | - | - | - | €44,229 | €9,138 | ▼ 79.3% |
| Remuneration and social security454/9 | - | - | - | €174,385 | €97,864 | ▼ 43.9% |
| Other amounts payable47/48 | - | - | - | €2.4m | €2.8m | ▲ 19.3% |
| Accrued charges and deferred income492/3 | - | - | - | €9,096 | €11,400 | ▲ 25.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,913 | -€398,048 | -€1,237 | -€659 | €149 | ▲ 123% |
| + Depreciation and write-downs630 | €201,634 | €180,549 | €87,040 | €92,662 | €87,424 | ▼ 5.7% |
| Operating cash flow (approximation) | €207,547 | -€217,499 | €85,803 | €92,003 | €87,574 | ▼ 4.8% |
| Investment in fixed assets (approximation) | - | -€102,150 | -€9,360 | -€20,591 | -€429,425 | ▼ 1,985% |
| Change in cash | - | -€169,212 | €3,400 | -€863 | €20,847 | ▲ 2,516% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
03-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-06-2024
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €149
Net result €149 after 3 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet -€398,048
Net result drops to -€398,048, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 90 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 76 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
21-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Hechtel-Eksel · 1 establishment unit since 2011
Ground area
9,780 m²
Building footprint
1.1 ha
Volume, LiDAR
81,861 m³
Parcel 72013E0138/00K005, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KMW
since 20112.201.435.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013E0138/00K005 | Flanders | 9,780 m² | 1 · 1.1 ha | 11.4 m · 2 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO- |
27-06-2024 → present |
Structure & network
Part of the group
TROBEJA
14 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- TROBEJA
- KMW
Highest known parent: TROBEJA. The sources do not say who stands above it.
Owners 1
- TROBEJAparentSourceaccounts TROBEJA 2025100%
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 3,777 EUR awarded · 3,729 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 371 EUR | 323 EUR |
| 2023 | 1 | 1,135 EUR | 1,135 EUR |
| 2022 | 1 | 2,271 EUR | 2,271 EUR |
Recognitions · licences · registrations
Dual-learning approval
3 endedHoeknaadlasser (so)
Lasser TIG (so)
Plaatlasser (so)
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Of 909 companies in sector 25120 we hold annual accounts for 678. 491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
46442Wholesale trade
46810Wholesale of solid, liquid and gaseous fuels and related products
46851Wholesale of industrial chemicals
47300Retail sale of automotive fuel
47559Retail sale of other household articles
68110Buying and selling of own real estate
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.