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RONAN

Open bankruptcy
Private limited company (pre-2019)founded 2015Gullegemstraat 107, 8560 Wevelgem, BelgiumKBO/BCE: BE 0639.775.079

A bankruptcy procedure is open for RONAN according to publications in the Belgian State Gazette; curator: FRANK HEFFINCK.

Summary

The 2022 annual accounts show equity of €295,202 and a net result of €216,252.

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 Ghent, Kortrijk division
Declared bankrupt
6 February 2024
Supervising judge
Rik Dekyvere
Official Gazette
15-02-2024 (pdf) ↗search the document for 2024/106156

Curator

  • Frank HeffinckMeensesteenweg 347, 8501 Bissegemfrank.heffinck@telenet.be

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

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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 · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 30-03-2023, 31 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
31 d early
2021
16 d late
2020
22 d early
2019
92 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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

RONAN was incorporated on 1 October 2015.1 Total assets rose from EUR 169,888 in 2018 to EUR 424,556 in 2022.2 On 6 February 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 15-02-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€295,202▲ 274%
2021 · €78,950
Total assets
€424,556▲ 164%
2021 · €161,028
Net result
€216,252▲ 1,272%
2021 · €15,758
Working capital
€293,845▲ 282%
2021 · €76,924
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
Line20182019202020212022
Operating result€6,885-€19,128▲ 178%€13,829▼ 27.7%€20,934▲ 51.4%€293,351▲ 1,301%
Net result€3,099-€12,720▲ 310%€2,338▼ 81.6%€15,758▲ 574%€216,252▲ 1,272%
Equity€48,134-€60,853▲ 26.4%€63,191▲ 3.8%€78,950▲ 24.9%€295,202▲ 274%
Total assets€169,888-€126,078▼ 25.8%€133,737▲ 6.1%€161,028▲ 20.4%€424,556▲ 164%
Debt€121,754-€65,225▼ 46.4%€70,545▲ 8.2%€82,078▲ 16.3%€129,353▲ 57.6%
Working capital€46,233-€59,491▲ 28.7%€62,428▲ 4.9%€76,924▲ 23.2%€293,845▲ 282%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result +1,272%, Equity +274%, Total assets +164% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2018: €6,885€6,885Net result 2018: €3,099€3,099Operating result 2019: €19,128€19,128Net result 2019: €12,720€12,720Operating result 2020: €13,829€13,829Net result 2020: €2,338€2,338Operating result 2021: €20,934€20,934Net result 2021: €15,758€15,758Operating result 2022: €293,351€293,351Net result 2022: €216,252€216,25220182019202020212022€0€100,000€200,000€300,000Operating result 2020: €13,829€13,800Net result 2020: €2,338€2,340Operating result 2021: €20,934€20,900Net result 2021: €15,758€15,800Operating result 2022: €293,351€293,000Net result 2022: €216,252€216,000202020212022
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 1,301% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €424,556
Fixed assets €1,357 ▼ 33.0%
Current assets €423,198 ▲ 166%
Equity and liabilities €424,556
Equity €295,202 ▲ 274%
Debt €129,353 ▲ 57.6%
Debt's share of the balance-sheet total falls from 51.0% to 30.5%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€294,020▲
2021 · €21,496
Cash flow
€216,921▲
2021 · €16,320
Current ratio
3.27▲
2021 · 1.94
Debt to equity
0.44▼
2021 · 1.04
ROE
73.3%▲
2021 · 20.0%
ROA
50.9%▲
2021 · 9.8%
Interest coverage
217.23▲
2021 · 8.04
Debt ≤ 1 year
€129,353▲
2021 · €82,078
Income taxes
€81,068▲
2021 · €6,787
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 · 2022 against 2021 · 42 lines
Balance sheet Code20212022
Assets
Total assets20/58€161,028€424,556▲
Fixed assets21/28€2,026€1,357▼
Tangible fixed assets22/27€1,726€1,057▼
Plant, machinery and equipment23€352-
Other tangible fixed assets26€1,374€1,057▼
Financial fixed assets28€300€300=
Current assets29/58€159,002€423,198▲
Amounts receivable after more than one year29€31,870€334,598▲
Other amounts receivable291€31,870€334,598▲
Amounts receivable within one year40/41€126,924€84,257▼
Trade receivables40€77,846€81,332▲
Other amounts receivable41€49,078€2,925▼
Cash at bank and in hand54/58€208€4,343▲
Equity and liabilities
Total equity and liabilities10/49€161,028€424,556▲
Equity10/15€78,950€295,202▲
Contributions10/11€37,200€37,200=
Reserves13€41,750€258,002▲
Non-distributable reserves130/1€3,720€3,720=
Reserves not available under the articles1311€3,720€3,720=
Distributable reserves133€38,030€254,282▲
Amounts payable17/49€82,078€129,353▲
Amounts payable within one year42/48€82,078€129,353▲
Trade debts44€44,697€10,019▼
Suppliers440/4€44,697€10,019▼
Taxes, remuneration and social security45€37,381€119,334▲
Taxes450/3€37,381€119,334▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€562€668▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9,455-
Other operating charges640/8€1,268€57▼
Gross operating margin9900€32,220€294,077▲
Operating profit (loss)9901€20,934€293,351▲
Financial income75/76B€4,284€5,323▲
Recurring financial income75€4,284€5,323▲
Financial charges65/66B€2,672€1,354▼
Recurring financial charges65€2,672€1,354▼
Profit (loss) for the period before taxes9903€22,546€297,321▲
Income taxes67/77€6,787€81,068▲
Profit (loss) for the period9904€15,758€216,252▲
Profit (loss) for the period to be appropriated9905€15,758€216,252▲
Appropriation of the result
Profit (loss) to be appropriated9906€15,758€216,252▲
Transfer to equity691/2€15,758€216,252▲
To other reserves6921€15,758€216,252▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€599€599€599€562€668▲ 19.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€9,455--
Other operating charges640/8---€1,268€57▼ 95.5%
Gross operating margin9900€10,122€54,053€51,229€32,220€294,077▲ 813%
Operating profit (loss)9901€6,885€19,128€13,829€20,934€293,351▲ 1,301%
Financial income75/76B---€4,284€5,323▲ 24.3%
Recurring financial income75€44€2,016€2,235€4,284€5,323▲ 24.3%
Financial charges65/66B---€2,672€1,354▼ 49.4%
Recurring financial charges65€2,585€4,181€10,688€2,672€1,354▼ 49.4%
Profit (loss) for the period before taxes9903€4,344€17,215€5,376€22,546€297,321▲ 1,219%
Income taxes67/77€1,245€4,496€3,038€6,787€81,068▲ 1,094%
Profit (loss) for the period9904€3,099€12,720€2,338€15,758€216,252▲ 1,272%
Profit (loss) for the period to be appropriated9905€3,099€12,720€2,338€15,758€216,252▲ 1,272%
Line20182019202020212022Change
Assets
Total assets20/58€169,888€126,078€133,737€161,028€424,556▲ 164%
Fixed assets21/28€1,901€1,362€763€2,026€1,357▼ 33.0%
Intangible fixed assets21€494€247----
Tangible fixed assets22/27€1,407€1,055€703€1,726€1,057▼ 38.7%
Plant, machinery and equipment23---€352--
Other tangible fixed assets26---€1,374€1,057▼ 23.1%
Financial fixed assets28-€60€60€300€300=
Current assets29/58€167,987€124,716€132,973€159,002€423,198▲ 166%
Amounts receivable after more than one year29---€31,870€334,598▲ 950%
Other amounts receivable291---€31,870€334,598▲ 950%
Stocks and contracts in progress3€7,800€19,800€18,910---
Amounts receivable within one year40/41€159,706€65,438€82,020€126,924€84,257▼ 33.6%
Trade receivables40---€77,846€81,332▲ 4.5%
Other amounts receivable41---€49,078€2,925▼ 94.0%
Cash at bank and in hand54/58€481€9,440€743€208€4,343▲ 1,986%
Equity and liabilities
Total equity and liabilities10/49€169,888€126,078€133,737€161,028€424,556▲ 164%
Equity10/15€48,134€60,853€63,191€78,950€295,202▲ 274%
Contributions10/11€37,200€37,200€37,200€37,200€37,200=
Reserves13€10,934€23,653€25,991€41,750€258,002▲ 518%
Non-distributable reserves130/1---€3,720€3,720=
Reserves not available under the articles1311---€3,720€3,720=
Distributable reserves133---€38,030€254,282▲ 569%
Amounts payable17/49€121,754€65,225€70,545€82,078€129,353▲ 57.6%
Amounts payable within one year42/48€121,754€65,225€70,545€82,078€129,353▲ 57.6%
Trade debts44€105,424€27,251€40,889€44,697€10,019▼ 77.6%
Suppliers440/4---€44,697€10,019▼ 77.6%
Taxes, remuneration and social security45---€37,381€119,334▲ 219%
Taxes450/3---€37,381€119,334▲ 219%
Line20182019202020212022Change
Profit (loss) for the period9904€3,099€12,720€2,338€15,758€216,252▲ 1,272%
+ Depreciation and write-downs630€599€599€599€562€668▲ 19.0%
Operating cash flow (approximation)€3,698€13,318€2,937€16,320€216,921▲ 1,229%
Investment in fixed assets (approximation)--€60€0-€1,824€0▲ 100%
Change in cash-€8,958-€8,697-€535€4,135▲ 873%

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

2024
15-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 06-02-2024
2023
30-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €216,252 ▲1,272%
Operating result €293,351, net result €216,252, both a record.
30-09
Financial Equity above €200,000Eq €295,202 ▲274%
5 profitable years in a row build equity to €295,202.
16-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
08-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Weakest financial yearnet €2,338 ▼81.6%
Net result drops to €2,338, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Wevelgem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
10 m²
Parcel 34302B0446/00R006, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Ronan Bvba
Gullegemstraat 107, 8560 WevelgemAgents in the wholesale of industrial machinery, ships and aircraft
since 20152.247.519.296
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34302B0446/00R006 Flanders 10 m² - -
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 FRANK HEFFINCK
MEENSESTEENWEG 347, 8501 BISSEGEM
06-02-2024 → present

Similar companies · same sector, comparable size

Of 1,244 companies in sector 46643 we hold annual accounts for 953. 703 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)
Founded01-10-2015
Fiscal year end30-09
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
43211General electrical installation work
46150Agents in the wholesale of furniture, household goods and hardware
46431Wholesale of electrical household appliances and audio-video equipment
82990Other business support services
96991Personal service activities
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.