RT CHEM
Open bankruptcyA bankruptcy procedure is open for RT CHEM according to publications in the Belgian State Gazette; curator: JORIS DE SMET.
Summary
The 2023 annual accounts show equity of €517,581 and a net result of €259,603.
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, Ghent division
- Declared bankrupt
- 24 June 2025
- Supervising judge
- Philippe Van der Auwermeulen
- Official Gazette
- 30-06-2025 (pdf) ↗search the document for 2025/128457
Deadlines
- Provisional date payments stopped
- 24 June 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 15 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 24 July 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 29 July 2025Goods 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 24 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Joris De SmetBruul 27, 9630 11 Zwalmjoris.desmet@skynet.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 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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
29 d late
2022
31 d late
2021
94 d late
2020
8 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed 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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Logistics services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, abbreviated schema
Equity
€517,581▲ 101%
2022 · €257,978
Total assets
€2.0m▲ 62.9%
2022 · €1.2m
Net result
€259,603
2022 · -€394,098
Working capital
€472,732▲ 160%
2022 · €181,777
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€262,279€15,539€118,582▲ 663%-€97,860€235,540
Net result-€262,660€15,046within the sector's middle half€126,454within the sector's middle half▲ 740%-€394,098below the sector's middle half€259,603above the sector's middle half
Equity€510,575▼ 34.0%€525,621within the sector's middle half▲ 2.9%€652,075within the sector's middle half▲ 24.1%€257,978within the sector's middle half▼ 60.4%€517,581within the sector's middle half▲ 101%
Total assets€1.7m▲ 23.9%€1.2mwithin the sector's middle half▼ 29.4%€1.5mwithin the sector's middle half▲ 29.7%€1.2mwithin the sector's middle half▼ 19.6%€2.0mwithin the sector's middle half▲ 62.9%
Debt€1.2m▲ 103%€647,935▼ 43.7%€869,694▲ 34.2%€966,098▲ 11.1%€1.5m▲ 52.9%
Working capital€440,776▼ 20.9%€382,646within the sector's middle half▼ 13.2%€570,434within the sector's middle half▲ 49.1%€181,777within the sector's middle half▼ 68.1%€472,732within the sector's middle half▲ 160%
Solvency30.7%▼ 26.9pp44.8%within the sector's middle half▲ 14.1pp42.8%within the sector's middle half▼ 1.9pp21.1%within the sector's middle half▼ 21.8pp26.0%within the sector's middle half▲ 4.9pp
Current ratio1.43▼ 0.561.61within the sector's middle half▲ 0.181.67within the sector's middle half▲ 0.061.19within the sector's middle half▼ 0.481.32within the sector's middle half▲ 0.13
Return on assets (ROA)-15.8%▼ 30.8pp1.3%within the sector's middle half▲ 17.1pp8.3%within the sector's middle half▲ 7.0pp-32.2%below the sector's middle half▼ 40.5pp13.0%above the sector's middle half▲ 45.2pp
Staff (FTE)2=2below the sector's middle half=2below the sector's middle half=1below the sector's middle half▼ 50.0%1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €235,540 after a loss of €97,860 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.0m
Fixed assets
€44,849 ▼ 48.4%
Current assets
€1.9m ▲ 71.4%
Equity and liabilities €2.0m
Equity
€517,581 ▲ 101%
Debt
€1.5m ▲ 52.9%
Debt's share of the balance-sheet total falls from 78.9% to 74.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€244,754▲
2022 · -€79,740
Cash flow
€268,817▲
2022 · -€375,977
Debt to equity
2.85▼
2022 · 3.74
ROE
50.2%▲
2022 · -152.8%
Interest coverage
23.71▲
2022 · -130.69
Debt ≤ 1 year
€1.5m▲
2022 · €955,422
Staff costs
€100,388▲
2022 · €74,136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14,800 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €205,449 | €74,136 | €100,388 | ▲ 35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,364 | €28,090 | €16,276 | €18,120 | €9,214 | ▼ 49.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €26,945 | €42,506 | - | - |
| Other operating charges640/8 | - | - | €2,106 | €222 | €338 | ▲ 52.2% |
| Non-recurring operating charges66A | - | - | €23,898 | - | - | - |
| Gross operating margin9900 | -€44,966 | €187,801 | €393,257 | €37,125 | €345,480 | ▲ 831% |
| Operating profit (loss)9901 | -€262,279 | €15,539 | €118,582 | -€97,860 | €235,540 | ▲ 341% |
| Financial income75/76B | - | - | €9,731 | €3 | €34,384 | ▲ 1,181,493% |
| Recurring financial income75 | €2 | €1 | €183 | €3 | €96 | ▲ 3,186% |
| Non-recurring financial income76B | - | - | €9,548 | - | €34,289 | - |
| Financial charges65/66B | - | - | €1,859 | €296,240 | €10,322 | ▼ 96.5% |
| Recurring financial charges65 | €382 | €494 | €1,859 | €610 | €10,322 | ▲ 1,592% |
| Non-recurring financial charges66B | - | - | - | €295,630 | - | - |
| Profit (loss) for the period before taxes9903 | -€262,660 | €15,046 | €126,454 | -€394,098 | €259,603 | ▲ 166% |
| Profit (loss) for the period9904 | -€262,660 | €15,046 | €126,454 | -€394,098 | €259,603 | ▲ 166% |
| Profit (loss) for the period to be appropriated9905 | -€262,660 | €15,046 | €126,454 | -€394,098 | €259,603 | ▲ 166% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.2m | €1.5m | €1.2m | €2.0m | ▲ 62.9% |
| Fixed assets21/28 | €184,119 | €158,953 | €99,141 | €86,876 | €44,849 | ▼ 48.4% |
| Tangible fixed assets22/27 | €180,894 | €155,727 | €95,916 | €79,121 | €36,307 | ▼ 54.1% |
| Plant, machinery and equipment23 | - | - | €1,185 | €1,352 | €700 | ▼ 48.2% |
| Furniture and vehicles24 | - | - | €93,160 | €76,460 | €34,560 | ▼ 54.8% |
| Other tangible fixed assets26 | - | - | €1,570 | €1,309 | €1,047 | ▼ 20.0% |
| Financial fixed assets28 | €3,226 | €3,226 | €3,226 | €7,756 | €8,542 | ▲ 10.1% |
| Current assets29/58 | €1.5m | €1.0m | €1.4m | €1.1m | €1.9m | ▲ 71.4% |
| Amounts receivable after more than one year29 | - | - | €11,156 | €11,156 | €11,156 | = |
| Other amounts receivable291 | - | - | €11,156 | €11,156 | €11,156 | = |
| Amounts receivable within one year40/41 | €1.1m | €690,350 | €1.4m | €1.1m | €1.6m | ▲ 50.4% |
| Trade receivables40 | - | - | €1.2m | €1.1m | €1.6m | ▲ 51.3% |
| Other amounts receivable41 | - | - | €240,926 | €30,209 | €36,048 | ▲ 19.3% |
| Cash at bank and in hand54/58 | €548 | €264 | €264 | €264 | €109,951 | ▲ 41,602% |
| Deferred charges and accrued income490/1 | - | - | €2,252 | €31,134 | €181,851 | ▲ 484% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.2m | €1.5m | €1.2m | €2.0m | ▲ 62.9% |
| Equity10/15 | €510,575 | €525,621 | €652,075 | €257,978 | €517,581 | ▲ 101% |
| Contributions10/11 | €30,000 | - | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €480,575 | €495,621 | €622,075 | €227,978 | €227,978 | = |
| Non-distributable reserves130/1 | - | - | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | - | - | €3,000 | €3,000 | €3,000 | = |
| Distributable reserves133 | - | - | €619,075 | €224,978 | €224,978 | = |
| Profit (loss) carried forward14 | - | - | - | - | €259,603 | - |
| Amounts payable17/49 | €1.2m | €647,935 | €869,694 | €966,098 | €1.5m | ▲ 52.9% |
| Amounts payable within one year42/48 | €1.0m | €631,957 | €852,194 | €955,422 | €1.5m | ▲ 54.6% |
| Trade debts44 | €1.0m | €602,559 | €829,579 | €604,044 | €1.4m | ▲ 140% |
| Suppliers440/4 | - | - | €829,579 | €604,044 | €1.4m | ▲ 140% |
| Taxes, remuneration and social security45 | - | - | €22,615 | €22,576 | €29,348 | ▲ 30.0% |
| Remuneration and social security454/9 | - | - | €22,615 | €22,576 | €29,348 | ▲ 30.0% |
| Other amounts payable47/48 | - | - | - | €328,802 | - | - |
| Accrued charges and deferred income492/3 | - | - | €17,500 | €10,676 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€262,660 | €15,046 | €126,454 | -€394,098 | €259,603 | ▲ 166% |
| + Depreciation and write-downs630 | €33,364 | €28,090 | €16,276 | €18,120 | €9,214 | ▼ 49.2% |
| Operating cash flow (approximation) | -€229,295 | €43,137 | €142,730 | -€375,977 | €268,817 | ▲ 171% |
| Investment in fixed assets (approximation) | - | -€2,924 | €43,536 | -€5,856 | €32,813 | ▲ 660% |
| Change in cash | - | -€284 | €0 | €0 | €109,688 | - |
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
30-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 24-06-2025
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Back to profitnet €259,603
Net result €259,603 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €517,581 ▲101%
Equity rises from €257,978 to €517,581.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€394,098
Net result drops to -€394,098, the lowest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 94 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €15,046
Net result €15,046 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2003
Ground area
1.2 ha
Building footprint
6,017 m²
Volume, LiDAR
45,929 m³
Parcel 44017D0805/00W000, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
24
companies at this address
See who is registered here
1 establishment unit
RTCHEM
since 20032.114.764.009
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0805/00W000 | Flanders | 1.2 ha | 1 · 6,017 m² | 17.9 m · 2 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JORIS DE SMET BRUUL 27, 9630 11 ZWALM- |
24-06-2025 → present |
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts MAVENRA 202110%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
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Of 3,187 companies in sector 52250 we hold annual accounts for 1,963. 1,368 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)
Founded10-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.