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STRUCTOVAN

Open bankruptcy
Private limited company (pre-2019)founded 2010Industriepark 3, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0828.287.849

A bankruptcy procedure is open for STRUCTOVAN according to publications in the Belgian Official Gazette; trustee: Luc De Prêtre.

Summary

The 2017 annual accounts show negative equity (-€80,562) and a net result of -€20,939.

STRUCTOVANOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Mechelen division
Declared bankrupt
15 February 2021
Supervising judge
Eddy Brouwers
Official Gazette
19-02-2021 (pdf) ↗search the document for 2021/106391

Deadlines

Provisional date payments stopped
15 February 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 6 March 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 17 March 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 12 April 2021Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 15 February 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29202
1 site
Size
€218,310total assets 2017
Equity
-€80,562
Loss
-€20,939
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 30-09-2018, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2019
not filed
2018
not filed
2017
61 days late
2016
31 days late
2015
61 days late
2014
23 days early
2013
144 days late
← 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 55 days after the deadline; the sector median (NACE 29) for financial year 2019 is 3 days before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Supervising judge replacedEnterprise Court of Antwerp, Mechelen…
  2. OpeningEnterprise Court of Antwerp, Mechelen…
  3. Annual accounts filedfinancial year 2017 · micro…

Financials · financial year 2017, micro format

2017 annual accounts filed late (61 days) Filed on 30 September 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-68500290.

Equity
-€80,562▼ 35.1%
2016 · -€59,623
Total assets
€218,310▲ 46.9%
2016 · €148,601
Net result
-€20,939▲ 64.8%
2016 · -€59,496
Working capital
-€56,452▲ 5.7%
2016 · -€59,892
Trend over the years

2013 to 2017, 5 financial years 2013 to 2017, 5 financial years

The operating result stays negative: a loss of €1,615 in 2017 against €45,565 in 2016; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,615 2017 Net result-€20,939 2017

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20132014201520162017
Operating result€19,201-€22,000▲ 14.6%-€14,515-€45,565▼ 214%-€1,615▲ 96.5%
Net result€5,041-€11,762▲ 133%-€25,411-€59,496▼ 134%-€20,939▲ 64.8%
Equity€1,171-€25,284▲ 2,058%-€127-€59,623▼ 46,847%-€80,562▼ 35.1%
Total assets€176,899-€143,458▼ 18.9%€89,608▼ 37.5%€148,601▲ 65.8%€218,310▲ 46.9%
Debt€175,727-€118,174▼ 32.8%€89,735▼ 24.1%€208,224▲ 132%€298,872▲ 43.5%
Working capital-€50,151-€879-€18,855-€59,892▼ 218%-€56,452▲ 5.7%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €218,310
Fixed assets €73,580 ▼ 8.8%
Current assets €144,730 ▲ 113%
Equity and liabilities
Equity-€80,562
Debt€298,872
Equity is negative: debt (€298,872) exceeds the balance-sheet total (€218,310).
Key figures and ratios
2017 value · change against 2016
EBITDA
€13,243▲
2016 · -€40,304
Cash flow
-€6,081▲
2016 · -€54,236
Solvency
-36.9%▲
2016 · -40.1%
Current ratio
0.72▲
2016 · 0.53
Quick ratio
0.43▲
2016 · 0.36
ROA
-9.6%▲
2016 · -40.0%
Debt ≤ 1 year
€201,182▲
2016 · €127,784
Debt > 1 year
€97,060▲
2016 · €79,810
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 · 2017 against 2016 · 26 lines
Balance sheet Code20162017
Assets
Total assets20/58€148,601€218,310▲
Fixed assets21/28€80,709€73,580▼
Tangible fixed assets22/27€80,219€73,090▼
Financial fixed assets28€490€490=
Current assets29/58€67,892€144,730▲
Stocks and contracts in progress3€21,792€57,911▲
Amounts receivable within one year40/41€39,787€64,465▲
Cash at bank and in hand54/58€6,314€22,355▲
Equity and liabilities
Total equity and liabilities10/49€148,601€218,310▲
Equity10/15-€59,623-€80,562▼
Contributions10/11€18,550€18,550=
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€80,033-€100,972▼
Amounts payable17/49€208,224€298,872▲
Amounts payable after more than one year17€79,810€97,060▲
Amounts payable within one year42/48€127,784€201,182▲
Trade debts44€92,229€114,431▲
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,260€14,858▲
Gross operating margin9900-€26,016€24,024▲
Operating profit (loss)9901-€45,565-€1,615▲
Recurring financial income75€1,328€49▼
Recurring financial charges65€12,140€19,373▲
Profit (loss) for the period before taxes9903-€56,376-€20,939▲
Income taxes67/77€3,120-
Profit (loss) for the period9904-€59,496-€20,939▲
Profit (loss) for the period to be appropriated9905-€59,496-€20,939▲
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,104€12,537€9,038€5,260€14,858▲ 182%
Gross operating margin9900€38,082€36,222-€2,922-€26,016€24,024-
Operating profit (loss)9901€19,201€22,000-€14,515-€45,565-€1,615▲ 96.5%
Recurring financial income75€4,052€4,333€96€1,328€49▼ 96.3%
Recurring financial charges65€18,212€10,325€15,950€12,140€19,373▲ 59.6%
Profit (loss) for the period before taxes9903€5,041€11,762-€25,411-€56,376-€20,939▲ 62.9%
Income taxes67/77€0--€3,120--
Profit (loss) for the period9904€5,041€11,762-€25,411-€59,496-€20,939▲ 64.8%
Profit (loss) for the period to be appropriated9905€5,041€11,762-€25,411-€59,496-€20,939▲ 64.8%
Line20132014201520162017Change
Assets
Total assets20/58€176,899€143,458€89,608€148,601€218,310▲ 46.9%
Fixed assets21/28€65,114€44,410€35,863€80,709€73,580▼ 8.8%
Tangible fixed assets22/27€65,114€44,410€35,373€80,219€73,090▼ 8.9%
Financial fixed assets28--€490€490€490=
Current assets29/58€111,785€99,048€53,745€67,892€144,730▲ 113%
Stocks and contracts in progress3€19,175€6,937€29,626€21,792€57,911▲ 166%
Amounts receivable within one year40/41€91,766€77,483€17,933€39,787€64,465▲ 62.0%
Cash at bank and in hand54/58€286€14,605€5,859€6,314€22,355▲ 254%
Equity and liabilities
Total equity and liabilities10/49€176,899€143,458€89,608€148,601€218,310▲ 46.9%
Equity10/15€1,171€25,284-€127-€59,623-€80,562▼ 35.1%
Contributions10/11€6,200€18,550€18,550€18,550€18,550=
Reserves13-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€5,029€4,874-€20,537-€80,033-€100,972▼ 26.2%
Amounts payable17/49€175,727€118,174€89,735€208,224€298,872▲ 43.5%
Amounts payable after more than one year17€13,792€20,005€17,135€79,810€97,060▲ 21.6%
Amounts payable within one year42/48€161,936€98,169€72,600€127,784€201,182▲ 57.4%
Trade debts44€104,542€35,755€40,472€92,229€114,431▲ 24.1%
Line20132014201520162017Change
Profit (loss) for the period9904€5,041€11,762-€25,411-€59,496-€20,939▲ 64.8%
+ Depreciation and write-downs630€18,104€12,537€9,038€5,260€14,858▲ 182%
Operating cash flow (approximation)€23,145€24,299-€16,373-€54,236-€6,081▲ 88.8%
Investment in fixed assets (approximation)-€8,167-€490-€50,106-€7,730▲ 84.6%
Change in cash-€14,319-€8,746€454€16,041▲ 3,432%

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

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2017 micro format 30-09-2018 2018-68500290
31-12-2016 micro format 31-08-2017 2017-56800432
31-12-2015 abbreviated format 30-09-2016 2016-64500504
31-12-2014 abbreviated format 08-07-2015 2015-29200183
31-12-2013 abbreviated format 22-12-2014 2014-70400117
31-12-2012 abbreviated format 08-01-2015 2015-01400530
31-12-2011 abbreviated format 14-08-2012 2012-40900299

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 129 active companies whose main activity is manufacture of motor vehicles, trailers and semi-trailers (NACE 29202), figures are known for 86. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Luc De Prêtre
Schuttersvest 23, 2800 Mechelen
15-02-2021 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 4 August 2010, STRUCTOVAN was incorporated.1 Total assets went from €176,899 in 2013 to €218,310 in 2017.2 The company was declared bankrupt on 15 February 2021.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian Official Gazette, 19-02-2021

Acts, filings and financial milestones

2023
03-03
Bankruptcy Supervising judge replaced
Enterprise Court of Antwerp, Mechelen division · judgment of 27-02-2023
2021
19-02
Bankruptcy Opening
Enterprise Court of Antwerp, Mechelen division · judgment of 15-02-2021
2018
30-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 61 days late
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
2016
31-12
Financial Weakest financial yearnet -€59,496
Net result drops to -€59,496, the lowest in the series.
30-09
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 61 days late
2015
08-07
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
08-01
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 526 days late
2014
31-12
Financial Highest result from 2013 to 2017net €11,762 ▲133%
Operating result €22,000, net result €11,762, both a record.
22-12
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 144 days late
2012
14-08
NBB filing Annual accounts filed
financial year 2011 · abbreviated format · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-2010
Financial year end31-12
Activities, NACEBEL 2025
29202Manufacture of motor vehicles, trailers and semi-trailers
28220Manufacture of machinery and equipment not elsewhere classified
29320Manufacture of motor vehicles, trailers and semi-trailers
47820Retail sale of motor vehicle parts and accessories
46713Wholesale trade
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 22 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2010
registered office establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
3,913 m²
Building volume
20,173 m³
Parcel 12014K0401/00E000, Flanders · tallest building 6.7 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
STRUCTOVAN
Industriepark 3, 2220 Heist-op-den-BergManufacture of metal structures and parts of structures
since 2010unit no. 2.192.429.533
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12014K0401/00E000 Flanders 1.3 ha 1 · 3,913 m² 6.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.