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PROFDAK

Open bankruptcy
Private limited company (pre-2019)founded 2011Lange Schouwenstraat 40, 3520 Zonhoven, BelgiumKBO/BCE: BE 0837.046.157
Summary

A bankruptcy procedure is open for PROFDAK according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (-€22,550) and a net result of €1,196.

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
20 January 2022
Supervising judge
Christophe Wels
Official Gazette
26-01-2022 (pdf) ↗search the document for 2022/102331

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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 ↗ 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. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 03-11-2021, 3 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
3 d late
2020
36 d early
2019
62 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PROFDAK was incorporated on 17 June 2011.1 Total assets went from EUR 72,880 in 2019 to EUR 72,267 in 2021.2 On 20 January 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 26-01-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
-€22,550▲ 5.0%
2020 · -€23,746
Total assets
€72,267▲ 24.4%
2020 · €58,073
Net result
€1,196
2020 · -€397
Working capital
-€1,964▲ 26.0%
2020 · -€2,654
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
Line201920202021
Operating result-€38,695-€1,910€1,968▲ 3.0%
Net result-€39,589--€397▲ 99.0%€1,196
Equity-€23,349--€23,746▼ 1.7%-€22,550▲ 5.0%
Total assets€72,880-€58,073▼ 20.3%€72,267▲ 24.4%
Debt€96,229-€81,819▼ 15.0%€94,817▲ 15.9%
Working capital€13,703--€2,654-€1,964▲ 26.0%
Staff (FTE)0.9-0.7▼ 22.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2019: -€38,695-€38,695Net result 2019: -€39,589-€39,589Operating result 2020: €1,910€1,910Net result 2020: -€397-€397Operating result 2021: €1,968€1,968Net result 2021: €1,196€1,196201920202021-€40,000-€20,000€0Operating result 2019: -€38,695-€38,700Net result 2019: -€39,589-€39,600Operating result 2020: €1,910€1,910Net result 2020: -€397-€397Operating result 2021: €1,968€1,970Net result 2021: €1,196€1,200201920202021
The operating result has risen two years in a row; 2021 is 3% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €72,267
Fixed assets €6,151 ▼ 52.7%
Current assets €66,116 ▲ 46.7%
Key figures and ratios
2021 value · change against 2020
EBITDA
€8,812▼
2020 · €12,052
Cash flow
€8,041▼
2020 · €9,745
Solvency
-31.2%▲
2020 · -40.9%
Current ratio
0.97▲
2020 · 0.94
Quick ratio
0.86▲
2020 · 0.83
Debt to equity
-1.18▲
2020 · -1.43
ROA
1.7%▲
2020 · -0.7%
Debt ≤ 1 year
€68,080▲
2020 · €47,732
Debt > 1 year
€26,717▼
2020 · €34,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 22 lines
Balance sheet Code20202021
Assets
Total assets20/58€58,073€72,267▲
Fixed assets21/28€12,995€6,151▼
Tangible fixed assets22/27€12,995€6,151▼
Current assets29/58€45,078€66,116▲
Stocks and contracts in progress3€5,500€7,500▲
Amounts receivable within one year40/41€15,345€31,797▲
Cash at bank and in hand54/58€19€225▲
Equity and liabilities
Total equity and liabilities10/49€58,073€72,267▲
Equity10/15-€23,746-€22,550▲
Profit (loss) carried forward14-€42,346-€41,150▲
Amounts payable17/49€81,819€94,817▲
Amounts payable after more than one year17€34,068€26,717▼
Amounts payable within one year42/48€47,732€68,080▲
Trade debts44€14,987€29,286▲
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,142€6,845▼
Gross operating margin9900€47,488€8,812▼
Operating profit (loss)9901€1,910€1,968▲
Recurring financial income75€2€194▲
Recurring financial charges65€2,308€1,146▼
Profit (loss) for the period before taxes9903-€397€1,196▲
Profit (loss) for the period9904-€397€1,196▲
Profit (loss) for the period to be appropriated9905-€397€1,196▲
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,609€10,142€6,845▼ 32.5%
Gross operating margin9900€15,513€47,488€8,812▼ 81.4%
Operating profit (loss)9901-€38,695€1,910€1,968▲ 3.0%
Recurring financial income75€58€2€194▲ 9,272%
Recurring financial charges65€1,590€2,308€1,146▼ 50.3%
Profit (loss) for the period before taxes9903-€39,589-€397€1,196▲ 401%
Profit (loss) for the period9904-€39,589-€397€1,196▲ 401%
Profit (loss) for the period to be appropriated9905-€39,589-€397€1,196▲ 401%
Line201920202021Change
Assets
Total assets20/58€72,880€58,073€72,267▲ 24.4%
Fixed assets21/28€8,737€12,995€6,151▼ 52.7%
Tangible fixed assets22/27€8,737€12,995€6,151▼ 52.7%
Current assets29/58€64,142€45,078€66,116▲ 46.7%
Stocks and contracts in progress3€5,500€5,500€7,500▲ 36.4%
Amounts receivable within one year40/41€22,728€15,345€31,797▲ 107%
Cash at bank and in hand54/58€2,825€19€225▲ 1,097%
Equity and liabilities
Total equity and liabilities10/49€72,880€58,073€72,267▲ 24.4%
Equity10/15-€23,349-€23,746-€22,550▲ 5.0%
Contributions10/11€18,600---
Profit (loss) carried forward14-€41,949-€42,346-€41,150▲ 2.8%
Amounts payable17/49€96,229€81,819€94,817▲ 15.9%
Amounts payable after more than one year17€42,730€34,068€26,717▼ 21.6%
Amounts payable within one year42/48€50,439€47,732€68,080▲ 42.6%
Trade debts44€34,502€14,987€29,286▲ 95.4%
Line201920202021Change
Profit (loss) for the period9904-€39,589-€397€1,196▲ 401%
+ Depreciation and write-downs630€7,609€10,142€6,845▼ 32.5%
Operating cash flow (approximation)-€31,980€9,745€8,041▼ 17.5%
Investment in fixed assets (approximation)--€14,400€0▲ 100%
Change in cash--€2,806€207▲ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2022
26-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 20-01-2022
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
31-03
Financial Back to profitnet €1,196
Net result €1,196 after 2 loss-making years.
2020
25-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2017
04-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
03-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
10-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
02-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
05-12
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 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Zonhoven · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1,019 m²
Building footprint
307 m²
Volume, LiDAR
1,086 m³
Parcel 71443F0557/00G000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
PROFDAK
Lange Schouwenstraat 40, 3520 ZonhovenSpecialised construction activities
since 20112.200.703.039
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71443F0557/00G000 Flanders 1,019 m² 1 · 307 m² 8.0 m · 1 fl.
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

3 mandates
Role Name Tenure
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
20-01-2022 → present
Curator SOFIE REPRIELS
GENKER- STEENWEG 302, 3500 HASSELT
20-01-2022 → present
Curator FREDERICK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT-
20-01-2022 → present

Similar companies · same sector, comparable size

Of 8,574 companies in sector 43410 we hold annual accounts for 4,366. 2,812 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 (pre-2019)
Founded17-06-2011
Fiscal year end31-03
Activities, NACEBEL 2025
43410Roofing work
64210Activities of holding companies

Scores and ratios are computed by Checked and are not a credit decision.