NILORAC
Open bankruptcyA bankruptcy procedure is open for NILORAC according to publications in the Belgian State Gazette; curator: CHRISTIAAN HENDRICKX.
Summary
The 2021 annual accounts show negative equity (-€6,969) and a net result of €269.
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, Antwerp division
- Declared bankrupt
- 16 December 2025
- Supervising judge
- Kelly Schamphelaere
- Official Gazette
- 23-12-2025 (pdf) ↗search the document for 2025/153635
Curator
- Christiaan HendrickxCuylitsstraat 48, 2018 Antwerpen 1che@dilaw.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 ↗
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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
Two signals.
+raises risk
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 How is the Retail sale of household furniture sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
€11,563
EBIT margin
-9.7%
Net result
€269
2019 · -€1,043
Working capital
-€6,969▲ 59.0%
2019 · -€17,002
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
Line201820192021
Turnover€11,563
Operating result-€1,222--€1,124▲ 8.0%€667-
Net result-€1,415--€1,043▲ 26.3%€269-
EBIT margin-9.7%
Equity-€15,959--€17,002▼ 6.5%-€6,969-
Total assets€2,523-€4,707▲ 86.6%€83-
Debt€18,482-€21,709▲ 17.5%€7,052-
Working capital-€16,299--€17,002▼ 4.3%-€6,969-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €667 in 2021, compared with -€1,124 in 2019. Comparable figures for the intervening years are unavailable.
Key figures and ratios
EBITDA
€887▲
2019 · -€785
Cash flow
€489▲
2019 · -€703
Interest coverage
5.75
Debt ≤ 1 year
€7,052▼
2019 · €21,709
Income taxes
€243▲
2019 · -€238
Ratios withheld: a balance sheet total of €83 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | - | €11,563 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €170 | €340 | €220 | - |
| Other operating charges640/8 | - | - | €154 | - |
| Gross operating margin9900 | -€886 | -€615 | €1,041 | - |
| Operating profit (loss)9901 | -€1,222 | -€1,124 | €667 | - |
| Financial charges65/66B | - | - | €154 | - |
| Recurring financial charges65 | €193 | €156 | €154 | - |
| Profit (loss) for the period before taxes9903 | -€1,415 | -€1,281 | €512 | - |
| Income taxes67/77 | - | -€238 | €243 | - |
| Profit (loss) for the period9904 | -€1,415 | -€1,043 | €269 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,415 | -€1,043 | €269 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2,523 | €4,707 | €83 | - |
| Fixed assets21/28 | €340 | - | - | - |
| Tangible fixed assets22/27 | €340 | - | - | - |
| Current assets29/58 | €2,183 | €4,707 | €83 | - |
| Amounts receivable within one year40/41 | €2,182 | €2,875 | €41 | - |
| Other amounts receivable41 | - | - | €41 | - |
| Cash at bank and in hand54/58 | €1 | €1,832 | €42 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2,523 | €4,707 | €83 | - |
| Equity10/15 | -€15,959 | -€17,002 | -€6,969 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | - |
| Capital10 | - | - | €18,600 | - |
| Issued capital100 | - | - | €18,600 | - |
| Reserves13 | €4,945 | €4,945 | €14,978 | - |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Legal reserve130 | - | - | €1,860 | - |
| Distributable reserves133 | - | - | €13,118 | - |
| Profit (loss) carried forward14 | -€39,504 | -€40,547 | -€40,547 | - |
| Amounts payable17/49 | €18,482 | €21,709 | €7,052 | - |
| Amounts payable within one year42/48 | €18,482 | €21,709 | €7,052 | - |
| Financial debts43 | - | - | €423 | - |
| Credit institutions430/8 | - | - | €423 | - |
| Trade debts44 | €292 | - | €37 | - |
| Suppliers440/4 | - | - | €37 | - |
| Taxes, remuneration and social security45 | - | - | €556 | - |
| Taxes450/3 | - | - | €556 | - |
| Other amounts payable47/48 | - | - | €6,037 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,415 | -€1,043 | €269 | - |
| + Depreciation and write-downs630 | €170 | €340 | €220 | - |
| Operating cash flow (approximation) | -€1,245 | -€703 | €489 | - |
| Change in cash | - | €1,831 | - | - |
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
23-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-12-2025
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
31-12
Financial
Back to profitnet €269
Net result €269 after 2 loss-making years.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2005
30-09
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema · 61 days late
2004
28-10
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema · 89 days late
2002
03-09
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema · 34 days late
2001
31-10
NBB filing
Annual accounts filed
fiscal year 2000 · abbreviated schema · 92 days late
2000
13-09
NBB filing
Annual accounts filed
fiscal year 1999 · abbreviated schema · 44 days late
1999
25-08
NBB filing
Annual accounts filed
fiscal year 1998 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schoten · 2 establishment units since 1991
Ground area
2,100 m²
Building footprint
1,534 m²
Volume, LiDAR
19,185 m³
2 parcels, Flanders · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
AQUAREST
since 19912.054.308.362
AQUAREST
since 19932.054.308.461
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43502D0138/00F000 | Flanders | 1,869 m² | 1 · 1,466 m² | 19.7 m · 5 fl. |
| 11040D0462/00V006 | Flanders | 231 m² | 1 · 69 m² | 8.8 m · 2 fl. |
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 | CHRISTIAAN HENDRICKX CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
16-12-2025 → present |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,606 companies in sector 47551 we hold annual accounts for 1,718. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-1991
Fiscal year end31-12
Trade name NL
AQUAREST
Activities, NACEBEL 2025
47551Retail sale of household furniture
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.