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NGM BELGIUM

Open bankruptcy
Private limited companyfounded 2018Zetellaan(E) 100, 3630 Maasmechelen, Belgium101 active companies are registered at this addressKBO/BCE: BE 0696.980.731

A bankruptcy procedure is open for NGM BELGIUM according to publications in the Belgian Official Gazette; trustee: Vincent Geeraert.

Summary

The 2024 annual accounts show negative equity (-€140,592) and a net result of -€100,885.

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NGM BELGIUMOpen bankruptcy
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Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
13 August 2025
Supervising judge
Hilde Claes
Official Gazette
20-08-2025 (pdf) ↗search the document for 2025/134367

Deadlines

Provisional date payments stopped
13 August 2025A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 4 September 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 12 September 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 25 September 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 13 August 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Vincent GeeraertPrins Bisschopssingel 31, 3500 Hasseltv.geeraert@advocaat-geeraert.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Retail sale of clothing and accessories for women, men, children and babies (general range)
NACE 47716
1 site
Size
≈ €320,000turnover 2024, estimated
Staff
3 FTE
Equity
-€140,592
Loss
-€100,885
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
Parent
Pool Holding Srl
2 of 3 deeds summarised
Signalsraises riskOpen bankruptcyNegative equityneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€140,592
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2024
30 days early
2023
5 days late
2022
28 days early
2021
9 days late
2020
1 day early
2019
31 days late
2018
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Antwerp, Hasselt…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€100,885

Key points

  • Risk: Declared bankrupttrustee: Vincent Geeraert 13-08-2025 View
  • Caution: Result fell in 2024from -€20,923 to -€100,885 ▼ 382% View
  • Controlled by Pool Holding Srl parent View

By topic

Financials

Financial year
2024
Total assets
€129,860
Loss
-€100,885
Solvency
-108.3%
Total assets▼ 3.1%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
Pool Holding Srl
  • MAZZOLENI GiovanniDirector
  • MAZZOLENI NicolaDirector
Go to Board & ownership

Timeline

Events
13
Since
2019
  1. 05-08-2024Annual accounts filed
  2. 25-07-2023Appointments: MAZZOLENI Giovanni (director) and MAZZOLENI Nicola…
  3. 03-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of clothing and accessories for women…NACE 47716
Founded
01-06-2018
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
13
Annual meeting
3 June at 10:00
Purpose
“De productie,de groothandel en de kleinhandel,de invoer,de uitvoer van de kledingwaren en…” (deed in Dutch)
Go to Articles of association

Key facts about NGM BELGIUM

What is the company number of NGM BELGIUM?
0696.980.731. In Belgium the VAT number is the company number with BE in front: BE 0696.980.731.
Where was NGM BELGIUM based?
The last known address of the registered office is Zetellaan(E) 100, 3630 Maasmechelen.Company details
What does NGM BELGIUM do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of NGM BELGIUM?
Private limited company (BV).
When was NGM BELGIUM founded?
On 01-06-2018.
Is NGM BELGIUM still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did NGM BELGIUM have?
On average 3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of NGM BELGIUM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is NGM BELGIUM profitable?
In financial year 2024, NGM BELGIUM made a loss of €100,885.
Where can I find the annual accounts of NGM BELGIUM?
NGM BELGIUM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Companies related to NGM BELGIUM

Go further with this company

What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?Company as of a date Are there other customers at risk in your own list?Process a list How is the retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures

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