MAYSAN
Open bankruptcyAre 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, Dendermonde division
- Declared bankrupt
- 11 May 2026
- Supervising judge
- Peter Focke
- Official Gazette
- 18-05-2026 (pdf) ↗search the document for 2026/121333
Deadlines
- Provisional date payments stopped
- 11 May 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 2 June 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 10 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 19 June 2026Goods 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
- 11 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Inge VanhoutteHeidebaan 130E, 9100 Sint- Niklaasinge@inis-advocaten.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
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 36378 sector peers (2024).
NBB · sector comparisonPosition among 36378 sector peers
Solvency
better than 15%
← weakest
strongest →
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?Process a list How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€132,104
EBIT margin
2.9%
Net result
€2,658▼ 13.5%
2023 · €3,074
Working capital
-€24,935
2023 · €25,651
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Turnover€132,104-
Operating result€3,859-€3,406▼ 11.7%
Net result€3,074within the sector's middle half-€2,658within the sector's middle half▼ 13.5%
EBIT margin2.9%-
Equity€5,074below the sector's middle half-€7,732below the sector's middle half▲ 52.4%
Total assets€40,702below the sector's middle half-€72,393within the sector's middle half▲ 77.9%
Debt€35,628-€64,661▲ 81.5%
Working capital€25,651within the sector's middle half--€24,935below the sector's middle half
Solvency12.5%below the sector's middle half-10.7%below the sector's middle half▼ 1.8pp
Current ratio2.70within the sector's middle half-0.61below the sector's middle half▼ 2.09
Return on assets (ROA)7.6%within the sector's middle half-3.7%within the sector's middle half▼ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72,393
Fixed assets
€32,667
Current assets
€39,726
Equity and liabilities €72,393
Equity
€7,732 ▲ 52.4%
Debt
€64,661 ▲ 81.5%
Debt's share of the balance-sheet total rises from 87.5% to 89.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,739
Cash flow
€4,991
Debt to equity
8.36▲
2023 · 7.02
ROE
34.4%▼
2023 · 60.6%
Interest coverage
68.53
Debt ≤ 1 year
€64,661▲
2023 · €15,050
Income taxes
€664▼
2023 · €768
Staff costs
€14,857▼
2023 · €17,195
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €132,104 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €111,051 | - | - |
| Remuneration, social security and pensions62 | €17,195 | €14,857 | ▼ 13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,333 | - |
| Other operating charges640/8 | - | €519 | - |
| Gross operating margin9900 | €21,054 | €21,116 | ▲ 0.3% |
| Operating profit (loss)9901 | €3,859 | €3,406 | ▼ 11.7% |
| Financial charges65/66B | €16 | €84 | ▲ 413% |
| Recurring financial charges65 | €16 | €84 | ▲ 413% |
| Profit (loss) for the period before taxes9903 | €3,842 | €3,322 | ▼ 13.5% |
| Income taxes67/77 | €768 | €664 | ▼ 13.5% |
| Profit (loss) for the period9904 | €3,074 | €2,658 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €3,074 | €2,658 | ▼ 13.5% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €40,702 | €72,393 | ▲ 77.9% |
| Fixed assets21/28 | - | €32,667 | - |
| Tangible fixed assets22/27 | - | €32,667 | - |
| Plant, machinery and equipment23 | - | €18,667 | - |
| Furniture and vehicles24 | - | €14,000 | - |
| Current assets29/58 | €40,702 | €39,726 | ▼ 2.4% |
| Amounts receivable within one year40/41 | €40,702 | €29,362 | ▼ 27.9% |
| Other amounts receivable41 | €40,702 | €29,362 | ▼ 27.9% |
| Cash at bank and in hand54/58 | - | €10,364 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €40,702 | €72,393 | ▲ 77.9% |
| Equity10/15 | €5,074 | €7,732 | ▲ 52.4% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €3,074 | €5,732 | ▲ 86.5% |
| Amounts payable17/49 | €35,628 | €64,661 | ▲ 81.5% |
| Amounts payable within one year42/48 | €15,050 | €64,661 | ▲ 330% |
| Trade debts44 | €12,412 | €61,358 | ▲ 394% |
| Suppliers440/4 | €12,412 | €61,358 | ▲ 394% |
| Taxes, remuneration and social security45 | €2,638 | €3,303 | ▲ 25.2% |
| Taxes450/3 | €2,638 | €3,303 | ▲ 25.2% |
| Accrued charges and deferred income492/3 | €20,578 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,074 | €2,658 | ▼ 13.5% |
| + Depreciation and write-downs630 | - | €2,333 | - |
| Operating cash flow (approximation) | €3,074 | €4,991 | ▲ 62.4% |
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
2026
18-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 11-05-2026
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 96 days late
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 296 days late
SignalNBB filing
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2022
Ground area
3,436 m²
Building footprint
2,756 m²
Volume, LiDAR
6,072 m³
3 parcels, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
MAYSAN
since 20222.336.700.801
KAPSALON BLINK
since 20252.370.502.331
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1557/00P000 | Flanders | 2,258 m² | 1 · 1,795 m² | - |
| 46443E2494/00N000 | Flanders | 1,059 m² | 1 · 843 m² | 12.9 m · 2 fl. |
| 46443E2245/00D000 | Flanders | 119 m² | 1 · 119 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VANHOUTTE Heidebaan 130E, 9100 Sint- Niklaas |
11-05-2026 → present |
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Of 15,518 companies in this sector we hold annual accounts for 7,426. 3,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
47530Retail trade
47551Retail sale of household furniture
95240Repair and maintenance of furniture and upholstery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0791686086
Also
9925:BE0791686086
Registered
10-01-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.