REPARAL
Open bankruptcyA bankruptcy procedure is open for REPARAL according to publications in the Belgian State Gazette; curator: MARGA PIETERS. The file additionally contains 1 interim measure. The 2020 annual accounts show equity of €2.13M and a net result of €57k.
Signals
Four 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 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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
not filed
2020
89 d late
2019
236 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Equity
€2.13M▲ 2.8%
2019 · €2.08M
2018: €890k
2019: €2.08M
2018 → 2020
Total assets
€3.30M▲ 0.9%
2019 · €3.27M
2018: €2.76M
2019: €3.27M
2018 → 2020
Net result
€57k▼ 95.2%
2019 · €1.19M
2018: €-104k
2019: €1.19M
2018 → 2020
Working capital
€1.92M▲ 4.6%
2019 · €1.84M
2018: €667k
2019: €1.84M
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€890k-€2.08M▲ 133%€2.13M▲ 2.8%
Operating result€227k-€1.20M▲ 427%€59k▼ 95.1%
Net result€-104k-€1.19M€57k▼ 95.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 95% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €3.30M
Fixed assets
€483k▼ 0.9%
Current assets
€2.81M▲ 1.2%
Equity and liabilities €3.30M
Equity
€2.13M▲ 2.8%
Provisions
€250k=
Debt
€912k▼ 3.0%
The debt ratio falls from 28.8% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2019 · €1.21M
Cash flow
€72k▼
2019 · €1.19M
Solvency
64.8%▲
2019 · 63.6%
Current ratio
3.16▲
2019 · 2.96
Quick ratio
3.16▲
2019 · 2.96
ROE
2.7%▼
2019 · 57.1%
ROA
1.7%▼
2019 · 36.3%
Debt
€912k▼
2019 · €940k
Debt ≤ 1 year
€889k▼
2019 · €940k
Income taxes
€160▲
2019 · €137
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€3.27M€3.30M▲
Fixed assets21/28€488k€483k▼
Tangible fixed assets22/27€488k€483k▼
Current assets29/58€2.78M€2.81M▲
Amounts receivable within one year40/41€2.77M€2.79M▲
Cash at bank and in hand54/58€11k€26k▲
Equity and liabilities
Total equity and liabilities10/49€3.27M€3.30M▲
Equity10/15€2.08M€2.13M▲
Contributions10/11€62k€62k=
Reserves13€2.02M€2.07M▲
Profit (loss) carried forward14€884€388▼
Provisions and deferred taxes16€250k€250k=
Amounts payable17/49€940k€912k▼
Amounts payable within one year42/48€940k€889k▼
Trade debts44€90k€75k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€15k▲
Gross operating margin9900€1.33M€178k▼
Operating profit (loss)9901€1.20M€59k▼
Recurring financial income75-€2k
Recurring financial charges65€11k€3k▼
Profit (loss) for the period before taxes9903€1.19M€58k▼
Income taxes67/77€137€160▲
Profit (loss) for the period9904€1.19M€57k▼
Profit (loss) for the period to be appropriated9905€1.19M€57k▼
Timeline · acts, filings and financial milestones
2022
20-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · REPARAL NV VELDMEERS- STRAAT 31, 9270 LAARNE · event 13-06-2022
03-06
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · event 23-05-2022
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 236 days late
2019
31-12
Financial
Back to profitnet €1.19M
Net result €1.19M after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.96
Current ratio from 1.41 to 2.96; short-term debt falls from €1.62M to €940k.
31-12
Financial
Equity above €2MEq €2.08M ▲133%
Equity rises from €890k to €2.08M.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 48 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 301 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 143 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 149 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
15-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Laarne · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veldmeersstraat 319270 LaarneGround area
2.0 ha
Building footprint
1,534 m²
Volume, LiDAR
11,634 m³
Parcel 42010B1073/00C000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REPARAL NV
since 19942.068.716.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B1073/00C000 | Flanders | 2.0 ha | 1 · 1,534 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
13-06-2022 → present |
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-10-1994
Fiscal year end31-12
Activities, NACEBEL
29322
33120Repair and maintenance of machinery
46620Wholesale of machine tools
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.