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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for BOTTER according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2024 annual accounts show negative equity (€-606k) and a net result of €-606k.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
3 events17-06-2025
Bankruptcy
Opening
22-10-2024
Judicial reorganisation
Plan homologation
24-07-2024
Judicial reorganisation
Opening
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 31-10-2024, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
This company changed its financial year: its two most recent filings do not close on the same date. Each filed year keeps its own exact deadline, but we project no following year on 31-03, because adding twelve months right after a change is unreliable. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2024, that is 31-10-2024.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2024 | 31-10-2024 | 31-10-2024 | on the day | 2024-00526547 |
| 13-12-2023 | 13-07-2024 | 21-05-2024 | 53 d early | 2024-00091086 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-606k
Working capital€372k
Directors1
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 31-10-2024 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -66.2% | 27.4% | |
| Net result | €-606k | €24k | |
| Equity | €-606k | €172k | |
| Gross operating margin | €-265k | €174k | |
| Staff costs | €336k | €166k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-606k |
| Cash flow | - |
| Staff costs | €336k |
| Income taxes | - |
| Dividends | - |
| Total assets | €916k |
| Equity | €-606k |
| Debt | €1.52M |
| of which ≤ 1y | €541k |
| of which > 1y | €794k |
| Working capital | €372k |
| Employees (FTE) | 5.4 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.69 |
| Quick ratio | 1.59 |
| Working capital ratio | 40.6% |
| Solvency | -66.2% |
| Debt / equity | -2.51 |
| Long-term debt ratio | -1.31 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -66.2% |
| ROE | 100.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €916k |
| Fixed assets | 21/28 | €3k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €912k |
| Stocks & contracts in progress | 3 | €53k |
| Amounts receivable within one year | 40/41 | €281k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €916k |
| Equity | 10/15 | €-606k |
| Contributions / capital | 10/11 | €1 |
| Accumulated profits (losses) | 14 | €-606k |
| Amounts payable | 17/49 | €1.52M |
| Amounts payable after one year | 17 | €794k |
| Amounts payable within one year | 42/48 | €541k |
| Trade debts payable within one year | 44 | €451k |
| Income statement | ||
| Gross operating margin | 9900 | €-265k |
| Operating result | 9901 | €-603k |
| Financial income | 75 | €23 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-606k |
| Net result for the period | 9904 | €-606k |
| Result to be appropriated | 9905 | €-606k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed0
/ 100
Critical
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
Not yet read from the acts
2 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PHILIPPE TERMOTE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
10-06-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Groothandel in kleding, met uitzondering van werk- en onderkleding(46423) |
| Legal form | Private limited company(610) |
| Incorporation | 01-01-2023 |
| Status | Active |
| Postal code | 2020 |
| First BS signal | 24-07-2024 |
| Latest BS signal | 17-06-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationBOTTER
since 20232.344.432.194
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area483 m²
Buildings2
Building footprint339 m²
Volume (LiDAR)3,867 m³
Tallest building15.7 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2313/00F002 | Flanders | 278 m² | 1 · 173 m² | 13.7 m · 4 fl. |
| 11809I2313/00P002 | Flanders | 205 m² | 1 · 166 m² | 15.7 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
3 events from the State Gazette17-06-2025
Bankruptcy
Opening
22-10-2024
Judicial reorganisation
Plan homologation
24-07-2024
Judicial reorganisation
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 acts Address history · 1
06-02-2025
Registered-office move
All acts · 1
updated 1 year ago
2025
06-02-2025 Registered office moved within Antwerpen
- Kruishofstraat 138 - 2020 Antwerpen → Kruishofstraat 140, 2020 Antwerpen
Analysis
Snowflake analysis
financial profile on 5 axes40
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
100
Solvency
60
Growth
-
Stability
0
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameNL | BOTTER |
Registered office
Kruishofstraat 140
2020 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.