Minpack
Open bankruptcyA bankruptcy procedure is open for Minpack according to publications in the Belgian State Gazette; curator: CARL SCHREURS.
Summary
The 2023 annual accounts show negative equity (-€142,707) and a net result of -€163,274.
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 February 2025
- Supervising judge
- Hilde Claes
- Official Gazette
- 05-03-2025 (pdf) ↗search the document for 2025/109411
Deadlines
- Provisional date payments stopped
- 17 February 2025Payments 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 20 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 29 March 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 April 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
- passed on 27 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Carl SchreursPastoor Raeymaekers- Straat 25, 3600 Genkschreurs@omnius.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 · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-08-2024, 2 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d late
2022
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 Are there other customers at risk in your own list?List enrichment How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€142,707
2022 · €20,567
Total assets
€168,789▼ 30.6%
2022 · €243,047
Net result
-€163,274
2022 · €5,567
Working capital
-€244,991▼ 211%
2022 · -€78,866
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20222023
Operating result€9,645--€160,954
Net result€5,567within the sector's middle half--€163,274below the sector's middle half
Equity€20,567within the sector's middle half--€142,707below the sector's middle half
Total assets€243,047within the sector's middle half-€168,789within the sector's middle half▼ 30.6%
Debt€222,480-€311,496▲ 40.0%
Working capital-€78,866below the sector's middle half--€244,991below the sector's middle half▼ 211%
Solvency8.5%within the sector's middle half--84.5%below the sector's middle half▼ 93.0pp
Current ratio0.65below the sector's middle half-0.21below the sector's middle half▼ 0.43
Return on assets (ROA)2.3%within the sector's middle half--96.7%below the sector's middle half▼ 99.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 turns negative in 2023: a loss of €160,954 after €9,645 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €168,789
Fixed assets
€102,283 ▲ 2.9%
Current assets
€66,506 ▼ 53.7%
Key figures and ratios
EBITDA
-€150,924▼
2022 · €12,601
Cash flow
-€153,245▼
2022 · €8,522
Quick ratio
0.09▼
2022 · 0.24
Debt to equity
-2.18▼
2022 · 10.82
Interest coverage
-67.79▼
2022 · 6.31
Debt ≤ 1 year
€311,496▲
2022 · €222,480
Income taxes
€94▼
2022 · €2,084
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €900 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,955 | €10,029 | ▲ 239% |
| Other operating charges640/8 | €971 | €2,277 | ▲ 134% |
| Gross operating margin9900 | €13,572 | -€148,647 | ▼ 1,195% |
| Operating profit (loss)9901 | €9,645 | -€160,954 | ▼ 1,769% |
| Financial income75/76B | €3 | - | - |
| Recurring financial income75 | €3 | - | - |
| Financial charges65/66B | €1,998 | €2,226 | ▲ 11.4% |
| Recurring financial charges65 | €1,998 | €2,226 | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €7,650 | -€163,180 | ▼ 2,233% |
| Income taxes67/77 | €2,084 | €94 | ▼ 95.5% |
| Profit (loss) for the period9904 | €5,567 | -€163,274 | ▼ 3,033% |
| Profit (loss) for the period to be appropriated9905 | €5,567 | -€163,274 | ▼ 3,033% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €243,047 | €168,789 | ▼ 30.6% |
| Fixed assets21/28 | €99,433 | €102,283 | ▲ 2.9% |
| Tangible fixed assets22/27 | €99,433 | €102,283 | ▲ 2.9% |
| Land and buildings22 | €12,498 | €11,873 | ▼ 5.0% |
| Plant, machinery and equipment23 | €59,042 | €65,308 | ▲ 10.6% |
| Furniture and vehicles24 | €27,892 | €25,102 | ▼ 10.0% |
| Current assets29/58 | €143,614 | €66,506 | ▼ 53.7% |
| Stocks and contracts in progress3 | €90,245 | €37,257 | ▼ 58.7% |
| Stocks30/36 | €22,561 | €37,257 | ▲ 65.1% |
| Contracts in progress37 | €67,683 | - | - |
| Amounts receivable within one year40/41 | €53,370 | €29,248 | ▼ 45.2% |
| Trade receivables40 | €53,370 | €29,248 | ▼ 45.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €243,047 | €168,789 | ▼ 30.6% |
| Equity10/15 | €20,567 | -€142,707 | ▼ 794% |
| Contributions10/11 | €15,000 | €15,000 | = |
| Reserves13 | €5,567 | €5,567 | = |
| Distributable reserves133 | €5,567 | €5,567 | = |
| Profit (loss) carried forward14 | - | -€163,274 | - |
| Amounts payable17/49 | €222,480 | €311,496 | ▲ 40.0% |
| Amounts payable within one year42/48 | €222,480 | €311,496 | ▲ 40.0% |
| Financial debts43 | €14,368 | €14,111 | ▼ 1.8% |
| Credit institutions430/8 | €14,368 | €14,111 | ▼ 1.8% |
| Trade debts44 | €125 | - | - |
| Suppliers440/4 | €125 | - | - |
| Taxes, remuneration and social security45 | €20,022 | €43,526 | ▲ 117% |
| Taxes450/3 | €20,022 | €43,526 | ▲ 117% |
| Other amounts payable47/48 | €187,965 | €253,859 | ▲ 35.1% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,567 | -€163,274 | ▼ 3,033% |
| + Depreciation and write-downs630 | €2,955 | €10,029 | ▲ 239% |
| Operating cash flow (approximation) | €8,522 | -€153,245 | ▼ 1,898% |
| Investment in fixed assets (approximation) | - | -€12,880 | - |
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
2025
05-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-02-2025
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
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, Hasselt · 1 establishment unit since 2021
Ground area
6,122 m²
Parcel 71323C0155/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
Minpack
since 20212.318.566.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0155/00H002 | Flanders | 6,122 m² | - | - |
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 | CARL SCHREURS PASTOOR RAEYMAEKERS-
STRAAT 25, 3600 GENK |
27-02-2025 → present |
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Of 472 companies in sector 46442 we hold annual accounts for 336. 142 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
Founded15-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46442Wholesale trade
46493Wholesale trade
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.