ACCELL BELGIE

Open bankruptcy

Private limited companyfounded 2010Kempische steenweg 305, 3500 Hasselt, BelgiumKBO/BCE: BE 0825.594.021

A bankruptcy procedure is open for ACCELL BELGIE according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €5.84M and a net result of €1.67M.

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Signals

Three signals.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

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

Financials · fiscal year 2023, full schema

Turnover

€50.90M▲ 0.1%

2022 · €50.87M

2018: €33.66M 2019: €37.76M 2020: €49.82M 2021: €52.07M 2022: €50.87M

2018 → 2023

EBIT margin

4.1%▲ 1.0pp

2022 · 3.1%

2018: 2.7% 2019: 3.0% 2020: 2.6% 2021: 2.8% 2022: 3.1%

2018 → 2023

Net result

€1.67M▲ 68.0%

2022 · €994k

2018: €544k 2019: €576k 2020: €886k 2021: €744k 2022: €994k

2018 → 2023

Working capital

€5.84M▲ 40.0%

2022 · €4.17M

2018: €6.97M 2019: €7.54M 2020: €2.43M 2021: €3.18M 2022: €4.17M

2018 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192020202120222023Trend

Turnover€37.76M-€49.82M▲ 31.9%€52.07M▲ 4.5%€50.87M▼ 2.3%€50.90M▲ 0.1%

Equity€7.54M-€2.43M▼ 67.8%€3.18M▲ 30.6%€4.17M▲ 31.3%€5.84M▲ 40.1%

Operating result€1.14M-€1.29M▲ 13.2%€1.48M▲ 15.0%€1.58M▲ 6.8%€2.10M▲ 33.0%

Net result€576k-€886k▲ 53.8%€744k▼ 16.0%€994k▲ 33.6%€1.67M▲ 68.0%

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2023 is 33% above 2022 and is the highest result in the available series.

Balance-sheet composition

2023 in colour, 2022 as the grey bar beneath

Equity and liabilities €14.18M

41.2%

58.8%

Equity €5.84M▲ 40.1%

Debt €8.34M▼ 35.2%

The debt ratio falls from 75.5% to 58.8%. Equity is higher and debt is lower.

Key figures and ratios

2023 value · change against 2022

Solvency

41.2%▲

2022 · 24.5%

Current ratio

1.70▲

2022 · 1.32

Quick ratio

1.70▲

2022 · 1.32

Debt / equity

1.43▼

2022 · 3.09

ROE

28.6%▲

2022 · 23.8%

ROA

11.8%▲

2022 · 5.8%

Debt

€8.34M▼

2022 · €12.88M

Debt ≤ 1 year

€8.34M▼

2022 · €12.88M

Income taxes

€616k▲

2022 · €399k

Staff costs

€1.21M▼

2022 · €1.21M

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 · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€17.05M€14.18M▼

Current assets29/58€17.05M€14.18M▼

Amounts receivable within one year40/41€16.37M€7.45M▼

Trade receivables40€4.51M€5.11M▲

Other amounts receivable41€11.86M€2.33M▼

Cash at bank and in hand54/58€674k€6.73M▲

Deferred charges and accrued income490/1€1k€7k▲

Equity and liabilities

Total equity and liabilities10/49€17.05M€14.18M▼

Equity10/15€4.17M€5.84M▲

Contributions10/11€1.77M€1.77M=

Reserves13€1.92M€3.59M▲

Distributable reserves133€1.92M€3.59M▲

Profit (loss) carried forward14€488k€488k=

Amounts payable17/49€12.88M€8.34M▼

Amounts payable within one year42/48€12.88M€8.34M▼

Trade debts44€10.02M€6.51M▼

Suppliers440/4€10.02M€6.51M▼

Taxes, remuneration and social security45€2.86M€1.83M▼

Taxes450/3€2.63M€1.64M▼

Remuneration and social security454/9€233k€194k▼

Accrued charges and deferred income492/3€614-

Income statement Code20222023

Operating income70/76A€50.90M€50.93M▲

Turnover70€50.87M€50.90M▲

Other operating income74€29k€26k▼

Operating charges60/66A€49.32M€48.82M▼

Goods for resale, raw materials and consumables60€45.70M€44.82M▼

Purchases600/8€45.70M€44.82M▼

Services and other goods61€2.41M€2.80M▲

Remuneration, social security and pensions62€1.21M€1.21M▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-632€2k▲

Other operating charges640/8€1k€2k▲

Operating profit (loss)9901€1.58M€2.10M▲

Financial income75/76B€255k€959k▲

Recurring financial income75€255k€959k▲

Income from current assets751€255k€959k▲

Other financial income752/9-€0

Financial charges65/66B€443k€776k▲

Recurring financial charges65€443k€776k▲

Debt charges650€3k€394k▲

Other financial charges652/9€439k€382k▼

Profit (loss) for the period before taxes9903€1.39M€2.29M▲

Income taxes67/77€399k€616k▲

Taxes670/3€399k€620k▲

Tax adjustments and reversals of tax provisions77-€4k

Profit (loss) for the period9904€994k€1.67M▲

Profit (loss) for the period to be appropriated9905€994k€1.67M▲

Appropriation of the result

Profit (loss) to be appropriated9906€1.48M€2.16M▲

Profit (loss) brought forward from the previous period14P€488k€488k=

Transfer to equity691/2€994k€1.67M▲

To other reserves6921€994k€1.67M▲

Social balance

Average headcount (FTE)908712.812.5▼

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Signals 1Financial 2Filings 10

2026

18-08

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ACCELL BELGIE BV KEMPI- SCHE STEENWEG 305 BUS 14, 3500 HASSELT · event 12-08-2026

2025

15-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 441 days late

2023

31-12

Financial Highest result since 2018net €1.67M ▲68%

Operating result €2.10M, net result €1.67M, both a record.

31-12

Financial Equity above €5MEq €5.84M ▲40.1%

6 profitable years in a row build equity to €5.84M.

28-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

13-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

29-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

23-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

07-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

18-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

26-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

31-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 31 days late

2015

28-07

NBB filing Annual accounts filed

fiscal year 2014 · full schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-05-2026 Mohammed Hassan Thamgigar Ali: Resigned as Director

01-05-2025 Accell Nederland B.V.: Resigned as Director

01-11-2016 Marco W. Banning: Resigned as Manager

Location & real-estate footprint

Registered office, Hasselt · 1 establishment unit since 2010

establishment The establishment unit on the map

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.

Kempische steenweg 3053500 Hasselt

Ground area

1,801 m²

Building footprint

1,499 m²

Volume, LiDAR

25,659 m³

Parcel 71322A0540/00E002, Flanders · tallest building 21.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

ACCELL BELGIE

Kempische steenweg 305, 3500 HasseltManufacture of machinery and equipment not elsewhere classified

since 20102.188.081.854

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71322A0540/00E002	Flanders	1,801 m²	1 · 1,499 m²	21.4 m · 5 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

3 mandates

Role	Name	Tenure
Curator	DIRK VAN COPPENOLLE GENKERSTEENWEG 302, 3500 HASSELT	12-08-2026 → present
Curator	FREDERICK VAN COPPE- NOLLE GENKERSTEENWEG 302, 3500 HASSELT- frederick@van- coppenolle.be	12-08-2026 → present
Curator	SOFIE REPRIELS GENKERSTEENWEG 302, 3500 HASSELT	12-08-2026 → present