MANDERS
Open bankruptcyA bankruptcy procedure is open for MANDERS according to publications in the Belgian State Gazette; curator: GERT HERMANS.
Summary
The 2022 annual accounts show negative equity (-€222,166) and a net result of -€8,550.
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
- 29 October 2024
- Supervising judge
- Guido Gilis
- Official Gazette
- 05-11-2024 (pdf) ↗search the document for 2024/142461
Curator
- Gert HermansParklaan 138, 2300 Turnhoutgert.hermans@vobis-law.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.
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. Full guide for creditors
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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 24-07-2023, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
7 d early
2021
358 d late
2020
723 d late
2019
754 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 457 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)
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?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€222,166▼ 4.0%
2021 · -€213,616
Total assets
€256,172▲ 23.6%
2021 · €207,312
Net result
-€8,550▲ 12.2%
2021 · -€9,740
Working capital
-€251,650▲ 0.2%
2021 · -€252,140
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
Line20182019202020212022
Operating result-€18,931--€18,931=-€9,555▲ 49.5%-€9,666▼ 1.2%-€8,481▲ 12.3%
Net result-€19,831--€19,831=-€9,650▲ 51.3%-€9,740▼ 0.9%-€8,550▲ 12.2%
Equity-€174,395--€194,226▼ 11.4%-€203,876▼ 5.0%-€213,616▼ 4.8%-€222,166▼ 4.0%
Total assets€152,379-€142,924▼ 6.2%€175,957▲ 23.1%€207,312▲ 17.8%€256,172▲ 23.6%
Debt€326,774-€337,150▲ 3.2%€379,833▲ 12.7%€420,928▲ 10.8%€478,338▲ 13.6%
Working capital-€240,868--€251,244▼ 4.3%-€251,440▼ 0.1%-€252,140▼ 0.3%-€251,650▲ 0.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,481 in 2022 against €9,666 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €256,172
Fixed assets
€113,462 ▼ 7.4%
Current assets
€142,710 ▲ 68.3%
Key figures and ratios
EBITDA
€559▲
2021 · -€626
Cash flow
€490▲
2021 · -€700
Solvency
-86.7%▲
2021 · -103.0%
Current ratio
0.36▲
2021 · 0.25
Debt to equity
-2.15▼
2021 · -1.97
ROA
-3.3%▲
2021 · -4.7%
Interest coverage
8.10▲
2021 · -8.43
Debt ≤ 1 year
€394,361▲
2021 · €336,950
Debt > 1 year
€83,978=
2021 · €83,978
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,455 | €9,455 | €9,455 | €9,040 | €9,040 | = |
| Other operating charges640/8 | €4,376 | €4,376 | €100 | - | €873 | - |
| Gross operating margin9900 | -€5,100 | -€5,100 | - | -€626 | €1,431 | ▲ 329% |
| Operating profit (loss)9901 | -€18,931 | -€18,931 | -€9,555 | -€9,666 | -€8,481 | ▲ 12.3% |
| Financial charges65/66B | €900 | €900 | €95 | €74 | €69 | ▼ 7.1% |
| Recurring financial charges65 | €900 | €900 | €95 | €74 | €69 | ▼ 7.1% |
| Profit (loss) for the period before taxes9903 | -€19,831 | -€19,831 | -€9,650 | -€9,740 | -€8,550 | ▲ 12.2% |
| Profit (loss) for the period9904 | -€19,831 | -€19,831 | -€9,650 | -€9,740 | -€8,550 | ▲ 12.2% |
| Profit (loss) for the period to be appropriated9905 | -€19,831 | -€19,831 | -€9,650 | -€9,740 | -€8,550 | ▲ 12.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €152,379 | €142,924 | €175,957 | €207,312 | €256,172 | ▲ 23.6% |
| Fixed assets21/28 | €150,451 | €140,996 | €131,541 | €122,502 | €113,462 | ▼ 7.4% |
| Tangible fixed assets22/27 | €150,451 | €140,996 | €131,541 | €122,502 | €113,462 | ▼ 7.4% |
| Land and buildings22 | €149,621 | €140,581 | €131,541 | €122,502 | €113,462 | ▼ 7.4% |
| Plant, machinery and equipment23 | €830 | €415 | - | - | - | - |
| Current assets29/58 | €1,928 | €1,928 | €44,415 | €84,810 | €142,710 | ▲ 68.3% |
| Amounts receivable within one year40/41 | €1,928 | €1,928 | €43,985 | €84,676 | €142,633 | ▲ 68.4% |
| Other amounts receivable41 | €1,928 | €1,928 | €43,985 | €84,676 | €142,633 | ▲ 68.4% |
| Cash at bank and in hand54/58 | - | - | €430 | €134 | €77 | ▼ 42.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €152,379 | €142,924 | €175,957 | €207,312 | €256,172 | ▲ 23.6% |
| Equity10/15 | -€174,395 | -€194,226 | -€203,876 | -€213,616 | -€222,166 | ▼ 4.0% |
| Contributions10/11 | €92,960 | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Capital10 | €92,960 | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Issued capital100 | €92,960 | €92,960 | €92,960 | €92,960 | €92,960 | = |
| Profit (loss) carried forward14 | -€267,355 | -€287,186 | -€296,836 | -€306,576 | -€315,126 | ▼ 2.8% |
| Amounts payable17/49 | €326,774 | €337,150 | €379,833 | €420,928 | €478,338 | ▲ 13.6% |
| Amounts payable after more than one year17 | €83,978 | €83,978 | €83,978 | €83,978 | €83,978 | = |
| Financial debts170/4 | €83,978 | €83,978 | - | - | - | - |
| Other amounts payable178/9 | - | - | €83,978 | €83,978 | €83,978 | = |
| Amounts payable within one year42/48 | €242,796 | €253,172 | €295,855 | €336,950 | €394,361 | ▲ 17.0% |
| Trade debts44 | - | - | - | - | €1,950 | - |
| Suppliers440/4 | - | - | - | - | €1,950 | - |
| Taxes, remuneration and social security45 | - | - | €43,985 | €84,246 | €133,156 | ▲ 58.1% |
| Taxes450/3 | - | - | €43,985 | €84,246 | €133,156 | ▲ 58.1% |
| Other amounts payable47/48 | €242,796 | €253,172 | €251,870 | €252,705 | €259,255 | ▲ 2.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,831 | -€19,831 | -€9,650 | -€9,740 | -€8,550 | ▲ 12.2% |
| + Depreciation and write-downs630 | €9,455 | €9,455 | €9,455 | €9,040 | €9,040 | = |
| Operating cash flow (approximation) | -€10,376 | -€10,376 | -€195 | -€700 | €490 | ▲ 170% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | -€296 | -€57 | ▲ 80.6% |
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
05-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 29-10-2024
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 358 days late
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 723 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 754 days late
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1120 days late
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1485 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
2016
01-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 123 days late
2015
16-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 77 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 364 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Baarle-Hertog · 1 establishment unit since 1993
Ground area
3,013 m²
Building footprint
163 m²
Volume, LiDAR
677 m³
Parcel 13002C0087/00L000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Manders
since 19932.064.598.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13002C0087/00L000 | Flanders | 3,013 m² | 1 · 163 m² | 8.1 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 | GERT HERMANS PARKLAAN 138, 2300 TURNHOUT- |
29-10-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-1993
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.