Skip to content

Matchbox-Express

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0743.646.441

A bankruptcy procedure is open for Matchbox-Express according to publications in the Belgian State Gazette; curator: MATTHIAS GESQUIERE.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €184,300 and a net result of €94,530.

Matchbox-ExpressOpen bankruptcy

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 Ghent, Ghent division
Declared bankrupt
30 September 2025
Supervising judge
Michel Reyniers
Official Gazette
06-10-2025 (pdf) ↗search the document for 2025/139924

Deadlines

Provisional date payments stopped
30 September 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 21 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 30 October 2025art. XX.104 and XX.155 CEL
First verification report
passed on 4 November 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
30 September 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Matthias GesquiereMaaltemeers 84, 9051 1 Gent (Sint-Denijs-Westrem)m.gesquiere@portelio.be

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

Embed in an article

Writing about this bankruptcy? Put the card of Matchbox-Express in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

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 · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-07-2024, 28 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d early
2022
140 d late
2021
501 d late
2020
629 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 311 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
Address struck

History

Matchbox-Express was incorporated on 13 February 2020 as a Private limited company.1 Total assets rose from EUR 81,307 in 2020 to EUR 475,880 in 2023 and headcount from 1 to 10.2 full-time equivalents.2 On 30 September 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2023
  3. 3Belgian State Gazette, 06-10-2025

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Equity
€184,300▲ 105%
2022 · €89,770
Total assets
€475,880▲ 120%
2022 · €216,621
Net result
€94,530▲ 86.1%
2022 · €50,806
Working capital
€189,344▲ 114%
2022 · €88,572
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
Line2020202120222023
Operating result€30,691-€13,343▼ 56.5%€67,886▲ 409%€126,139▲ 85.8%
Net result€22,917-€10,047▼ 56.2%€50,806▲ 406%€94,530▲ 86.1%
Equity€28,917-€38,964▲ 34.7%€89,770▲ 130%€184,300▲ 105%
Total assets€81,307-€81,777▲ 0.6%€216,621▲ 165%€475,880▲ 120%
Debt€52,390-€42,813▼ 18.3%€126,851▲ 196%€282,083▲ 122%
Working capital€27,719-€37,766▲ 36.2%€88,572▲ 135%€189,344▲ 114%
Staff (FTE)1-2▲ 100%5▲ 150%10.2▲ 104%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2023 Staff (FTE) +104% on 2022. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €30,691€30,691Net result 2020: €22,917€22,917Operating result 2021: €13,343€13,343Net result 2021: €10,047€10,047Operating result 2022: €67,886€67,886Net result 2022: €50,806€50,806Operating result 2023: €126,139€126,139Net result 2023: €94,530€94,5302020202120222023€0€50,000€100,000€150,000Operating result 2021: €13,343€13,300Net result 2021: €10,047€10,000Operating result 2022: €67,886€67,900Net result 2022: €50,806€50,800Operating result 2023: €126,139€126,000Net result 2023: €94,530€94,500202120222023
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 86% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €474,682
Fixed assets €3,255
Current assets €471,427
Equity and liabilities €475,880
Equity €184,300 ▲ 105%
Provisions €9,497
Debt €282,083 ▲ 122%
Debt's share of the balance-sheet total rises from 58.6% to 59.3%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
1.67▼
2022 · 1.70
Debt to equity
1.53▲
2022 · 1.41
ROE
51.3%▼
2022 · 56.6%
ROA
19.9%▼
2022 · 23.5%
Debt ≤ 1 year
€282,083▲
2022 · €126,851
Income taxes
€31,535▲
2022 · €17,080
Staff costs
€291,642▲
2022 · €208,404
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 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€216,621€475,880▲
Formation expenses20€1,198€1,198=
Fixed assets21/28-€3,255
Tangible fixed assets22/27-€3,255
Furniture and vehicles24-€3,255
Current assets29/58€215,423€471,427▲
Amounts receivable after more than one year29€190,683-
Trade receivables290€176,972-
Other amounts receivable291€13,711-
Amounts receivable within one year40/41-€438,940
Trade receivables40-€438,940
Cash at bank and in hand54/58€24,740€32,487▲
Equity and liabilities
Total equity and liabilities10/49€216,621€475,880▲
Equity10/15€89,770€184,300▲
Contributions10/11€6,000€6,000=
Capital10€6,000€6,000=
Issued capital100€6,000€6,000=
Profit (loss) carried forward14€83,770€178,300▲
Provisions and deferred taxes16-€9,497
Provisions for liabilities and charges160/5-€9,497
Pensions and similar obligations160-€9,497
Amounts payable17/49€126,851€282,083▲
Amounts payable within one year42/48€126,851€282,083▲
Trade debts44€55,810€169,162▲
Suppliers440/4€55,810€169,162▲
Taxes, remuneration and social security45€67,067€112,921▲
Taxes450/3€45,162€76,615▲
Remuneration and social security454/9€21,905€36,306▲
Other amounts payable47/48€3,974-
Income statement Code20222023
Remuneration, social security and pensions62€208,404€291,642▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,436-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€9,497
Other operating charges640/8-€16,909
Gross operating margin9900€282,726€444,187▲
Operating profit (loss)9901€67,886€126,139▲
Financial charges65/66B-€74
Recurring financial charges65-€74
Profit (loss) for the period before taxes9903€67,886€126,065▲
Income taxes67/77€17,080€31,535▲
Profit (loss) for the period9904€50,806€94,530▲
Profit (loss) for the period to be appropriated9905€50,806€94,530▲
Appropriation of the result
Profit (loss) to be appropriated9906€83,770€178,300▲
Profit (loss) brought forward from the previous period14P€32,964€83,770▲
Social balance
Average headcount (FTE)9087-10.2

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202120222023Change
Remuneration, social security and pensions62€29,314€87,787€208,404€291,642▲ 39.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€6,436--
Provisions for liabilities and charges: additions (uses and reversals)635/8---€9,497-
Other operating charges640/8€462€131-€16,909-
Gross operating margin9900€60,467€101,261€282,726€444,187▲ 57.1%
Operating profit (loss)9901€30,691€13,343€67,886€126,139▲ 85.8%
Financial income75/76B-€24---
Recurring financial income75-€24---
Financial charges65/66B€25€72-€74-
Recurring financial charges65€25€72-€74-
Profit (loss) for the period before taxes9903€30,666€13,295€67,886€126,065▲ 85.7%
Income taxes67/77€7,749€3,248€17,080€31,535▲ 84.6%
Profit (loss) for the period9904€22,917€10,047€50,806€94,530▲ 86.1%
Profit (loss) for the period to be appropriated9905€22,917€10,047€50,806€94,530▲ 86.1%
Line2020202120222023Change
Assets
Total assets20/58€81,307€81,777€216,621€475,880▲ 120%
Formation expenses20€1,198€1,198€1,198€1,198=
Fixed assets21/28---€3,255-
Tangible fixed assets22/27---€3,255-
Furniture and vehicles24---€3,255-
Current assets29/58€80,109€80,579€215,423€471,427▲ 119%
Amounts receivable after more than one year29-€63,539€190,683--
Trade receivables290-€63,539€176,972--
Other amounts receivable291--€13,711--
Amounts receivable within one year40/41€71,881--€438,940-
Trade receivables40€39,470--€438,940-
Other amounts receivable41€32,411----
Cash at bank and in hand54/58€8,228€17,040€24,740€32,487▲ 31.3%
Equity and liabilities
Total equity and liabilities10/49€81,307€81,777€216,621€475,880▲ 120%
Equity10/15€28,917€38,964€89,770€184,300▲ 105%
Contributions10/11€6,000€6,000€6,000€6,000=
Capital10€6,000€6,000€6,000€6,000=
Issued capital100€6,000€6,000€6,000€6,000=
Profit (loss) carried forward14€22,917€32,964€83,770€178,300▲ 113%
Provisions and deferred taxes16---€9,497-
Provisions for liabilities and charges160/5---€9,497-
Pensions and similar obligations160---€9,497-
Amounts payable17/49€52,390€42,813€126,851€282,083▲ 122%
Amounts payable within one year42/48€52,390€42,813€126,851€282,083▲ 122%
Trade debts44€15,123€9,663€55,810€169,162▲ 203%
Suppliers440/4€15,123€9,663€55,810€169,162▲ 203%
Taxes, remuneration and social security45€25,699€29,176€67,067€112,921▲ 68.4%
Taxes450/3€24,193€21,833€45,162€76,615▲ 69.6%
Remuneration and social security454/9€1,506€7,343€21,905€36,306▲ 65.7%
Other amounts payable47/48€11,568€3,974€3,974--
Line2020202120222023Change
Profit (loss) for the period9904€22,917€10,047€50,806€94,530▲ 86.1%
+ Depreciation and write-downs630--€6,436--
Operating cash flow (approximation)€22,917€10,047€57,242€94,530▲ 65.1%
Change in cash-€8,812€7,700€7,747▲ 0.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
06-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 30-09-2025
25-07
KBO administration Address struck
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2020net €94,530 ▲86.1%
Operating result €126,139, net result €94,530, both a record.
31-12
Financial Equity above €150,000Eq €184,300 ▲105%
4 profitable years in a row build equity to €184,300.
18-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
14-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 501 days late
21-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 629 days late
2021
31-12
Financial Weakest financial yearnet €10,047 ▼56.2%
Net result drops to €10,047, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Deinze · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
1,392 m²
Volume, LiDAR
4,345 m³
2 parcels, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Dendermondesteenweg 530, 9070 Destelbergen
Freight transport by road
since 20202.301.596.895
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44006A0151/00W000 Flanders 8,020 m² 1 · 992 m² 7.2 m · 1 fl.
44013B0494/00M007 Flanders 5,131 m² 1 · 400 m² 10.2 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 MATTHIAS GESQUIERE
MAALTEMEERS 84, 9051 1 GENT (SINT-DENIJS-WESTREM)
30-09-2025 → present

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 28-06-2024

Identification & contact

Identification
Legal formPrivate limited company
Founded13-02-2020
Fiscal year end31-12
Contact
E-mail dirk@matchbox-express.be
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.