M&S
Open bankruptcySummary
A bankruptcy procedure is open for M&S according to publications in the Belgian State Gazette. The 2013 annual accounts show equity of €93,769 and a net result of €36,212.
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
- Commercial Court of Antwerp, Hasselt division
- Declared bankrupt
- 2 April 2015
- Official Gazette
- 07-04-2015 (pdf) ↗search the document for 2015/103139
Deadlines
- Provisional date payments stopped
- 2 April 2015A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 22 April 2015Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 2 May 2015art. XX.104 and XX.155 CEL
- First verification report
- passed on 21 May 2015Goods 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 2 April 2016Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Van Coppenolle DirkGenkersteenweg 302, 3500 Hasselt
- Repriels SofieGenkersteenweg 302, 3500 Hasselt
- Van Coppenolle FrederickGenker-Steenweg 302, 3500 Hasselt
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 · Filed after the deadline
The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 30-09-2014, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 1 day before the deadline, and 42% 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 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 Screed work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2013, abbreviated schema
Turnover
€653,305
EBIT margin
4.6%
Net result
€36,212▲ 72.9%
2012 · €20,947
Working capital
€121,696▲ 472%
2012 · €21,281
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
Line201120122013
Turnover€653,305
Operating result€29,177-€29,889▲ 2.4%€63,457▲ 112%
Net result€18,010-€20,947▲ 16.3%€36,212▲ 72.9%
EBIT margin4.6%
Equity€36,610-€57,557▲ 57.2%€93,769▲ 62.9%
Total assets€219,820-€312,380▲ 42.1%€489,975▲ 56.9%
Debt€183,210-€254,823▲ 39.1%€396,206▲ 55.5%
Working capital-€30,394-€21,281€121,696▲ 472%
Staff (FTE)1-1
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2013 is 112% above 2012 and is the highest result in the available series.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €489,975
Fixed assets
€34,382 ▼ 41.3%
Current assets
€455,594 ▲ 79.5%
Equity and liabilities €489,975
Equity
€93,769 ▲ 62.9%
Debt
€396,206 ▲ 55.5%
Debt's share of the balance-sheet total falls from 81.6% to 80.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88,103▲
2012 · €55,130
Cash flow
€60,858▲
2012 · €46,187
Current ratio
1.36▲
2012 · 1.09
Debt to equity
0.66▲
2012 · 0.39
ROE
38.6%▲
2012 · 36.4%
ROA
7.4%▲
2012 · 6.7%
Debt ≤ 1 year
€333,898▲
2012 · €232,525
Debt > 1 year
€62,308▲
2012 · €22,298
Income taxes
€24,944▲
2012 · €8,126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Turnover70 | - | €653,305 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,098 | €25,240 | €24,646 | ▼ 2.4% |
| Gross operating margin9900 | €137,991 | €95,328 | €172,320 | ▲ 80.8% |
| Operating profit (loss)9901 | €29,177 | €29,889 | €63,457 | ▲ 112% |
| Recurring financial income75 | €1,035 | €348 | €19 | ▼ 94.5% |
| Recurring financial charges65 | €2,077 | €1,165 | €2,520 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €28,136 | €29,073 | €61,156 | ▲ 110% |
| Income taxes67/77 | €10,126 | €8,126 | €24,944 | ▲ 207% |
| Profit (loss) for the period9904 | €18,010 | €20,947 | €36,212 | ▲ 72.9% |
| Profit (loss) for the period to be appropriated9905 | €18,010 | €20,947 | €36,212 | ▲ 72.9% |
| Line | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €219,820 | €312,380 | €489,975 | ▲ 56.9% |
| Fixed assets21/28 | €67,004 | €58,574 | €34,382 | ▼ 41.3% |
| Tangible fixed assets22/27 | €67,004 | €58,274 | €34,082 | ▼ 41.5% |
| Financial fixed assets28 | - | €300 | €300 | = |
| Current assets29/58 | €152,817 | €253,806 | €455,594 | ▲ 79.5% |
| Amounts receivable within one year40/41 | €110,862 | €150,530 | €370,803 | ▲ 146% |
| Cash at bank and in hand54/58 | €40,878 | €103,276 | €80,235 | ▼ 22.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €219,820 | €312,380 | €489,975 | ▲ 56.9% |
| Equity10/15 | €36,610 | €57,557 | €93,769 | ▲ 62.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18,010 | €18,010 | €18,010 | = |
| Profit (loss) carried forward14 | - | €20,947 | €57,159 | ▲ 173% |
| Amounts payable17/49 | €183,210 | €254,823 | €396,206 | ▲ 55.5% |
| Amounts payable after more than one year17 | - | €22,298 | €62,308 | ▲ 179% |
| Amounts payable within one year42/48 | €183,210 | €232,525 | €333,898 | ▲ 43.6% |
| Trade debts44 | €153,198 | €195,170 | €209,698 | ▲ 7.4% |
| Line | 2011 | 2012 | 2013 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,010 | €20,947 | €36,212 | ▲ 72.9% |
| + Depreciation and write-downs630 | €17,098 | €25,240 | €24,646 | ▼ 2.4% |
| Operating cash flow (approximation) | €35,108 | €46,187 | €60,858 | ▲ 31.8% |
| Investment in fixed assets (approximation) | - | -€16,811 | -€453 | ▲ 97.3% |
| Change in cash | - | €62,398 | -€23,041 | ▼ 137% |
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
2022
28-09
Bankruptcy
Change of trustee
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 22-09-2022
2015
07-04
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Hasselt · event 02-04-2015
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 61 days late
2013
31-12
Financial
Highest result since 2011net €36,212 ▲72.9%
Operating result €63,457, net result €36,212, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
18-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
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.
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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, Beringen · 1 establishment unit since 2010
Ground area
167 m²
Building footprint
119 m²
Volume, LiDAR
829 m³
Parcel 71005C1331/00D019, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
M & S Groep
since 20102.193.464.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C1331/00D019 | Flanders | 167 m² | 1 · 119 m² | 11.1 m · 3 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
4 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VAN COPPENOLLE DIRK GENKERSTEENWEG 302, 3500 HASSELT |
22-09-2022 → present |
| Curator | REPRIELS SOFIE GENKERSTEENWEG 302, 3500 HASSELT |
22-09-2022 → present |
| Curator | VAN COPPENOLLE FREDERICK GENKER-STEENWEG 302, 3500 HASSELT |
22-09-2022 → present |
| Curator | Mr BIELEN THIERRY GUFFENSLAAN 11, 3500 HASSELT |
02-04-2015 → present |
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Of 751 companies in sector 43422 we hold annual accounts for 424. 359 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)
Founded28-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
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.