Financials
- Financial year
- 2024
- Total assets
- €747,216
- Loss
- -€346,041
- Solvency
- -31.7%
Total assets▲ 12.3%
Net result
20182024
TWIN ARC
Open bankruptcyAre 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
- 2 April 2026
- Supervising judge
- Peter Roose
- Official Gazette
- 09-04-2026 (pdf) ↗search the document for 2026/115593
Deadlines
- Provisional date payments stopped
- 2 April 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 24 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol until
- passed on 2 May 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 14 May 2026Reclaim 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
- 2 April 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustees
- Mark HuygenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmark@akto-advocaten.be
- Martine ClaesenRiemsterweg 7A Bus 2, 3740 Bilzen-Hoeseltmartine@akto-advocaten.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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 trustee's reports appear there.
These deadlines 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 ↗
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
€747,216total assets 2024
- Staff
- 5.2 FTE
- Equity
- -€237,136
- Loss
- -€346,041
Turnover not published (abbreviated or micro format)Net result -119%: other schema
Financial health
Open bankruptcy: no score
Structure
0 of 12 deeds read
Signalsraises riskOpen bankruptcyNegative equityneutralFiled after the deadlineShow the evidence
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€237,136
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2024
18 days late
2023
59 days late
2022
38 days early
2021
27 days early
2020
30 days late
2019
7 days early
2018
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 29) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Antwerp, Hasselt…
- Annual accounts filedfinancial year 2024 · micro…
- Plan homologationEnterprise Court of Antwerp ·…
Key points
By topic
Timeline
- Events
- 29
- Since
- 2004
- 31-12-2024Weakest financial year
- 06-11-2024Opening
- 28-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of motor vehicles, trailers and semi-trailersNACE 29202
- Founded
- 28-05-2003
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
Who ran this company, and where was it based, on a given date before it ended?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?Process a list How is the manufacture of motor vehicles, trailers and semi-trailers sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.