BGL
Open bankruptcyA bankruptcy procedure is open for BGL according to publications in the Belgian State Gazette; curator: KATRIEN TEUGHELS.
Summary
The 2024 annual accounts show negative equity (€-2k) and a net result of €-9k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-2k
2023 · €7k
2021: €10k
2022: €12k▲ +17.8% vs 2021highest in 4 years
2023: €7k▼ -35.1% vs 2022
2024: €-2k▼ -126% vs 2023lowest in 4 years
2021 → 2024
Total assets
€3k▼ 75.7%
2023 · €12k
2021: €16k
2022: €20k▲ +22.1% vs 2021highest in 4 years
2023: €12k▼ -41.0% vs 2022
2024: €3k▼ -75.7% vs 2023lowest in 4 years
2021 → 2024
Net result
€-9k▼ 132%
2023 · €-4k
2021: €4khighest in 4 years
2022: €2k▼ -54.1% vs 2021
2023: €-4k▼ -333% vs 2022
2024: €-9k▼ -132% vs 2023lowest in 4 years
2021 → 2024
Working capital
€-2k
2023 · €7k
2021: €10k
2022: €11k▲ +11.6% vs 2021highest in 4 years
2023: €7k▼ -37.1% vs 2022
2024: €-2k▼ -130% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€12k▲ 17.8%€7k▼ 35.1%€-2k
2021: €10k
2022: €12k▲ +17.8% vs 2021highest in 4 years
2023: €7k▼ -35.1% vs 2022
2024: €-2k▼ -126% vs 2023lowest in 4 years
Operating result€5k-€3k▼ 43.9%€-4k€-9k▼ 149%
2021: €5khighest in 4 years
2022: €3k▼ -43.9% vs 2021
2023: €-4k▼ -226% vs 2022
2024: €-9k▼ -149% vs 2023lowest in 4 years
Net result€4k-€2k▼ 54.1%€-4k€-9k▼ 132%
2021: €4khighest in 4 years
2022: €2k▼ -54.1% vs 2021
2023: €-4k▼ -333% vs 2022
2024: €-9k▼ -132% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €4k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3k
Fixed assets
€100 ▼ 83.3%
Current assets
€3k ▼ 75.3%
Key figures and ratios
Debt
€5k▲
2023 · €4k
Debt ≤ 1 year
€5k▲
2023 · €4k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€12k€3k▼
Fixed assets21/28€600€100▼
Financial fixed assets28€600€100▼
Current assets29/58€11k€3k▼
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€257€612▲
Other amounts receivable41€7k€1k▼
Cash at bank and in hand54/58€3k€811▼
Deferred charges and accrued income490/1€734-
Equity and liabilities
Total equity and liabilities10/49€12k€3k▼
Equity10/15€7k€-2k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14-€-9k
Amounts payable17/49€4k€5k▲
Amounts payable within one year42/48€4k€5k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€686€38▼
Taxes450/3€686€38▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Other operating charges640/8-€403
Gross operating margin9900€-4k€-8k▼
Operating profit (loss)9901€-4k€-9k▼
Financial income75/76B€5€1▼
Recurring financial income75€5€1▼
Financial charges65/66B€508€594▲
Recurring financial charges65€508€594▲
Profit (loss) for the period before taxes9903€-4k€-9k▼
Profit (loss) for the period9904€-4k€-9k▼
Profit (loss) for the period to be appropriated9905€-4k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-9k▼
Profit (loss) brought forward from the previous period14P€2k-
Transfer from equity791/2€2k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - |
| Other operating charges640/8 | - | €1k | - | €403 | - |
| Gross operating margin9900 | €6k | €4k | €-4k | €-8k | ▼ 137% |
| Operating profit (loss)9901 | €5k | €3k | €-4k | €-9k | ▼ 149% |
| Financial income75/76B | - | €161 | €5 | €1 | ▼ 78.9% |
| Recurring financial income75 | - | €161 | €5 | €1 | ▼ 78.9% |
| Financial charges65/66B | - | €420 | €508 | €594 | ▲ 17.0% |
| Recurring financial charges65 | €176 | €420 | €508 | €594 | ▲ 17.0% |
| Profit (loss) for the period before taxes9903 | €5k | €3k | €-4k | €-9k | ▼ 132% |
| Income taxes67/77 | €1k | €819 | - | - | - |
| Profit (loss) for the period9904 | €4k | €2k | €-4k | €-9k | ▼ 132% |
| Profit (loss) for the period to be appropriated9905 | €4k | €2k | €-4k | €-9k | ▼ 132% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16k | €20k | €12k | €3k | ▼ 75.7% |
| Fixed assets21/28 | - | €600 | €600 | €100 | ▼ 83.3% |
| Financial fixed assets28 | - | €600 | €600 | €100 | ▼ 83.3% |
| Current assets29/58 | €16k | €19k | €11k | €3k | ▼ 75.3% |
| Amounts receivable within one year40/41 | €11k | €17k | €7k | €2k | ▼ 73.2% |
| Trade receivables40 | - | €9k | €257 | €612 | ▲ 138% |
| Other amounts receivable41 | - | €9k | €7k | €1k | ▼ 81.1% |
| Cash at bank and in hand54/58 | €5k | €1k | €3k | €811 | ▼ 74.3% |
| Deferred charges and accrued income490/1 | - | €716 | €734 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16k | €20k | €12k | €3k | ▼ 75.7% |
| Equity10/15 | €10k | €12k | €7k | €-2k | ▼ 126% |
| Contributions10/11 | - | €6k | €6k | €6k | = |
| Reserves13 | €4k | €4k | €1k | €1k | = |
| Distributable reserves133 | - | €4k | €1k | €1k | = |
| Profit (loss) carried forward14 | - | €2k | - | €-9k | - |
| Amounts payable17/49 | €6k | €8k | €4k | €5k | ▲ 13.4% |
| Amounts payable within one year42/48 | €6k | €8k | €4k | €5k | ▲ 13.4% |
| Trade debts44 | €2k | €7k | €2k | €5k | ▲ 143% |
| Suppliers440/4 | - | €7k | €2k | €5k | ▲ 143% |
| Advances received on contracts in progress46 | - | - | €2k | - | - |
| Taxes, remuneration and social security45 | - | €1k | €686 | €38 | ▼ 94.5% |
| Taxes450/3 | - | €1k | €686 | €38 | ▼ 94.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €2k | €-4k | €-9k | ▼ 132% |
| Operating cash flow (approximation) | €4k | €2k | €-4k | €-9k | ▼ 132% |
| Investment in fixed assets (approximation) | - | - | €0 | €500 | - |
| Change in cash | - | €-4k | €2k | €-2k | ▼ 213% |
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
06-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 31-07-2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 94 days late
2024
30-06
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2020
Ground area
210 m²
Building footprint
106 m²
Volume, LiDAR
1,056 m³
Parcel 11342A0241/00G004, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BGL
since 20202.308.953.851
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0241/00G004 | Flanders | 210 m² | 1 · 106 m² | 14.6 m · 4 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 | KATRIEN TEUGHELS COREMANSSTRAAT 14A,
2600 BERCHEM (ANTWERPEN) |
31-07-2025 → present |
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 1,498 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
Founded22-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.