PACHEL
Open bankruptcyA bankruptcy procedure is open for PACHEL according to publications in the Belgian State Gazette; curator: STEVEN HEYLEN.
Summary
The 2021 annual accounts show equity of €256,320 and a net result of €182,275.
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, Turnhout division
- Declared bankrupt
- 27 February 2024
- Supervising judge
- Herman De Backker
- Official Gazette
- 04-03-2024 (pdf) ↗search the document for 2024/108860
Deadlines
- Provisional date payments stopped
- 27 February 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 19 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 28 March 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 9 April 2024Goods 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 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Steven HeylenVlakke Velden 1, 2270 Herent- Houtinfo@heylendieltjens.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 31-12-2021 was due by 31-07-2022 and was filed on 18-10-2022, 79 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
79 d late
2020
17 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€256,320▲ 246%
2020 · €74,046
Total assets
€4.1m▲ 628%
2020 · €567,952
Net result
€182,275▲ 202%
2020 · €60,454
Working capital
€205,570▲ 178%
2020 · €74,046
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
Line2018201920202021
Operating result-€677-€9,917€80,595▲ 713%€255,766▲ 217%
Net result-€233-€9,151€60,454▲ 561%€182,275▲ 202%
Equity€4,440-€13,591▲ 206%€74,046▲ 445%€256,320▲ 246%
Total assets€5,434-€81,332▲ 1,397%€567,952▲ 598%€4.1m▲ 628%
Debt€994-€67,740▲ 6,715%€493,906▲ 629%€3.9m▲ 685%
Working capital€4,440-€13,591▲ 206%€74,046▲ 445%€205,570▲ 178%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result +202% on 2020. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 217% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.1m
Fixed assets
€50,750
Current assets
€4.1m
Equity and liabilities €4.1m
Equity
€256,320 ▲ 246%
Debt
€3.9m ▲ 685%
Debt's share of the balance-sheet total rises from 87.0% to 93.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.05▼
2020 · 1.15
Quick ratio
1.01▲
2020 · 0.83
Debt to equity
15.13
ROE
71.1%▼
2020 · 81.6%
ROA
4.4%▼
2020 · 10.6%
Debt ≤ 1 year
€3.9m▲
2020 · €493,906
Income taxes
€78,632▲
2020 · €23,644
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €649 | - |
| Gross operating margin9900 | -€471 | €12,246 | €83,286 | €256,416 | ▲ 208% |
| Operating profit (loss)9901 | -€677 | €9,917 | €80,595 | €255,766 | ▲ 217% |
| Financial income75/76B | - | - | - | €6,391 | - |
| Recurring financial income75 | €533 | €753 | €3,689 | €6,391 | ▲ 73.2% |
| Financial charges65/66B | - | - | - | €1,251 | - |
| Recurring financial charges65 | €89 | €58 | €185 | €1,251 | ▲ 575% |
| Profit (loss) for the period before taxes9903 | -€233 | €10,611 | €84,098 | €260,906 | ▲ 210% |
| Income taxes67/77 | - | €1,460 | €23,644 | €78,632 | ▲ 233% |
| Profit (loss) for the period9904 | -€233 | €9,151 | €60,454 | €182,275 | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | -€233 | €9,151 | €60,454 | €182,275 | ▲ 202% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5,434 | €81,332 | €567,952 | €4.1m | ▲ 628% |
| Fixed assets21/28 | - | - | - | €50,750 | - |
| Financial fixed assets28 | - | - | - | €50,750 | - |
| Current assets29/58 | €5,434 | €81,332 | €567,952 | €4.1m | ▲ 619% |
| Stocks and contracts in progress3 | - | €42,619 | €156,440 | €156,440 | = |
| Stocks30/36 | - | - | - | €156,440 | - |
| Amounts receivable within one year40/41 | €5,057 | €4,003 | €326,159 | €3.0m | ▲ 834% |
| Trade receivables40 | - | - | - | €2.7m | - |
| Other amounts receivable41 | - | - | - | €341,788 | - |
| Cash at bank and in hand54/58 | €79 | €34,709 | €85,032 | €881,170 | ▲ 936% |
| Deferred charges and accrued income490/1 | - | - | - | €174 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5,434 | €81,332 | €567,952 | €4.1m | ▲ 628% |
| Equity10/15 | €4,440 | €13,591 | €74,046 | €256,320 | ▲ 246% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €76,859 | ▲ 4,034% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - |
| Distributable reserves133 | - | - | - | €75,000 | - |
| Profit (loss) carried forward14 | -€16,011 | -€6,860 | €53,594 | €160,869 | ▲ 200% |
| Amounts payable17/49 | €994 | €67,740 | €493,906 | €3.9m | ▲ 685% |
| Amounts payable within one year42/48 | €994 | €67,740 | €493,906 | €3.9m | ▲ 685% |
| Trade debts44 | €994 | €49,064 | €452,211 | €3.7m | ▲ 729% |
| Suppliers440/4 | - | - | - | €3.7m | - |
| Taxes, remuneration and social security45 | - | - | - | €115,815 | - |
| Taxes450/3 | - | - | - | €105,702 | - |
| Remuneration and social security454/9 | - | - | - | €10,112 | - |
| Other amounts payable47/48 | - | - | - | €14,676 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€233 | €9,151 | €60,454 | €182,275 | ▲ 202% |
| Operating cash flow (approximation) | -€233 | €9,151 | €60,454 | €182,275 | ▲ 202% |
| Change in cash | - | €34,630 | €50,323 | €796,137 | ▲ 1,482% |
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
2024
04-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 27-02-2024
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Highest result since 2018net €182,275 ▲202%
Operating result €255,766, net result €182,275, both a record.
31-12
Financial
Equity above €200,000Eq €256,320 ▲246%
3 profitable years in a row build equity to €256,320.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 98 days late
2019
31-12
Financial
Back to profitnet €9,151
Net result €9,151 after one loss-making year.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
15-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
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, Herentals · 1 establishment unit since 2018
Ground area
17.8 ha
Building footprint
4.5 ha
Parcel 13302D0060/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
Atealaan(HRT) 34, 2200 Herentals
since 20182.281.744.856
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0060/00S000 | Flanders | 17.8 ha | 1 · 4.5 ha | - |
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 | STEVEN HEYLEN VLAKKE VELDEN 1, 2270 HERENT-
HOUT |
27-02-2024 → present |
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2021 annual accounts of PACHEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-1989
Fiscal year end31-12
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.