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Generated 09-08-2026
Active BE 0402.932.258Public limited companyOpen bankruptcy

Castolin Eutectic Benelux

Werkplaatsenstraat(P.E.) 11 ·7850 Enghien, Belgium· 70 yrs active
Sector: Wholesale trade (46620)
Conclusion Checked

A bankruptcy procedure is open for Castolin Eutectic Benelux according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-713k) and a net result of €22k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-713k
Net result €22k
Staff (FTE) 33.3
Better than sector 11%
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency51Growth52Stability0
21 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 51
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 2 signals
KBO register: special legal situation
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 0 events
No administrative flags
Health barometer FY 2023 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 19-09-2025 with the NBB · fiscal year 2023 · volledig
€-5.00M€0€5.00M€10.00MRevenue 2019: €10.27M€10.27MOperating result 2019: €543k€543kNet result 2019: €-1.33M€-1.33MRevenue 2020: €8.94M€8.94MOperating result 2020: €903k€903kNet result 2020: €-673k€-673kOperating result 2021: €47k€47kNet result 2021: €-79k€-79kOperating result 2022: €-135k€-135kNet result 2022: €-273k€-273kOperating result 2023: €229k€229kNet result 2023: €22k€22k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency -17.1% 29.7%
better than 11% of 586 sector peers
Net result €22k €38k
better than 46% of 585 sector peers
Equity €-713k €481k
better than 5% of 586 sector peers
Gross operating margin €3.27M €106k
better than 95% of 358 sector peers
Staff costs €3.01M €506k
higher than 82% of 441 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€8.94M
-12.9% +111% vs sector
EBITDA
€411k
+1445.8% far above sector median
Net profit
€22k
- +130% vs sector
Cash flow
€205k
- far above sector median
Total assets
€4.18M
+1.8% far above sector median
Equity
€-713k
+2.9% far below sector median
Working capital
€819k
+16.9% far above sector median
Employees (FTE)
33
+14.0% far above sector median
Staff costs
€3.01M
+21.4% far above sector median
Income taxes
€42k
+782.9% far above sector median
Debt
€4.75M
+1.8% far above sector median
Debt ≤ 1y
€2.68M
+0.2% far above sector median
Debt > 1y
€1.99M
0.0% far above sector median
Current ratio
1.31
+3.4% -1% vs sector
Quick ratio
0.86
+2.1% -22% vs sector
Solvency
-17.1%
+4.6% far below sector median
Debt / equity
-6.65
-4.9% far below sector median
ROE
-3.0%
- far below sector median
ROA
0.5%
- -77% vs sector
Net margin
-7.5%
+41.9% -140% vs sector
EBITDA margin
11.0%
+83.1% far above sector median
Interest coverage
2.42
+1113.7% -57% vs sector
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA€411k
Net profit€22k
Cash flow€205k
Staff costs€3.01M
Income taxes€42k
Dividends-
Total assets€4.18M
Equity€-713k
Debt€4.75M
of which ≤ 1y€2.68M
of which > 1y€1.99M
Working capital€819k
Employees (FTE)33.3
Ratios (computed)
2023
Current ratio1.31
Quick ratio0.86
Working capital ratio19.6%
Solvency-17.1%
Debt / equity-6.65
Long-term debt ratio-2.78
Interest coverage2.42
Gross margin-
Net margin-
ROA0.5%
ROE-3.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€4.18M
Fixed assets 21/28€686k
Intangible fixed assets 21€15k
Tangible fixed assets 22/27€671k
Current assets 29/58€3.50M
Stocks & contracts in progress 3€1.20M
Amounts receivable within one year 40/41€2.20M
Cash & bank 54/58€36k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.18M
Equity 10/15€-713k
Contributions / capital 10/11€150k
Reserves 13€140k
Accumulated profits (losses) 14€-1.00M
Provisions & deferred taxes 16€152k
Amounts payable 17/49€4.75M
Amounts payable after one year 17€1.99M
Amounts payable within one year 42/48€2.68M
Trade debts payable within one year 44€1.14M
Income statement
Gross operating margin 9900€3.27M
Operating result 9901€229k
Financial income 75€5k
Financial charges 65€170k
Result before taxes 9903€64k
Income taxes 67/77€42k
Net result for the period 9904€22k
Result to be appropriated 9905€22k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator THIERRY OPSOMER
CHAUSSEE DE WARNETON 340, 7784 WARNETON- . Date provisoire de cessation de paiement : 14/07/2026
 14-07-2026 → present Belgian State Gazette
Legal Structure
NACE primary Wholesale trade(46620)
Legal form Public limited company(014)
Incorporation16-12-1955
StatusActive
Postal code7850
First BS signal 22-07-2026
Latest BS signal 22-07-2026
Company structure, linked entities1 linked entities
Castolin Eutectic Benel…BE 0402.932.258THIERRY OPSOMERReceiver
Mandates
Establishment units 1 location
MESSER EUTETIC CASTOLIN BENELUX
Werkplaatsenstraat(P.E.) 11, 7850 Enghiende vervaardiging van salicylzuur en o-acetylsalicylzuur
since 20072.167.985.137
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels 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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55033D0088/00L000 Wallonia 1.3 ha 1 · 105 m² 9.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 18 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
22-07-2026
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · CASTOLIN EUTECTIC BENELUX SA (EN ABREGE MEC BENELUX) RUE DES ATELIERS(P.E.) 11, 7850 PETIT-ENGHIEN · event 14-07-2026
2025
19-09-2025
NBB filing Annual accounts filed
fiscal year 2023 · volledig
01-09-2025
State Gazette act Director changes
v3.2
2024
18-01-2024
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
13-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
29-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
21-01-2021
State Gazette act Director changes
v3.2
2020
28-12-2020
State Gazette act Statutes amendment
v3.2
10-07-2020
State Gazette act Director changes
v3.2
08-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
15-04-2020
State Gazette act Director changes
v3.2
2019
17-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
14-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
18-08-2017
State Gazette act Director changes
v3.2
13-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
10-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
23-06-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
2010
17-08-2010
State Gazette act Director changes
v3.2
Lifecycle & Insolvency Signals 1 events
22-07-2026
Bankruptcy Opening
Date: 14-07-2026 · Tribunal de l’entreprise du Hainaut, division Tournai · CASTOLIN EUTECTIC BENELUX SA (EN ABREGE MEC BENELUX) RUE DES ATELIERS(P.E.) 11, 7850 PETIT-ENGHIEN · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-07-22 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 7 acts
All acts · 7 updated 11 months ago
2025
01-09-2025 3 directors appointed, 4 resigning Director changes
  • Paul Vandegard, Bestuurder
  • Isabelle Van Der Beken, Bestuurder
  • Fabian Branswyk, Commissaire
  • Martin Kirchgassner, Bestuurder
  • Vincent Martin, Bestuurder
  • Olivier Delarboulas, Bestuurder
  • KPMG Réviseurs d'Entreprises, Commissaire
Summary: v3.2
Technical details 
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2021
21-01-2021 2 directors appointed Director changes
  • KPMG Réviseurs d'Entreprises BV/SRL, Commissaire
  • Dominic Rousselle, Représentant permanent
Summary: v3.2
Technical details 
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2020
28-12-2020 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
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10-07-2020 2 directors appointed, 2 resigning Director changes
  • Vincent Michel Martin, Bestuurder
  • Olivier Christophe Delarboulas, Bestuurder
  • John Emholz, Bestuurder
  • Jörg Mösser, Bestuurder
Summary: v3.2
Technical details 
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        "name": "Olivier Christophe Delarboulas",
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15-04-2020 3 directors appointed, 1 resigning Director changes
  • John Emholz, Bestuurder
  • Martin Kirchgassner, Bestuurder
  • Jörg Mosser, Bestuurder
  • Peter Schaaf, Bestuurder
Summary: v3.2
Technical details 
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2017
18-08-2017 1 director appointed, 1 resigning Director changes
  • John Emholz, Bestuurder
  • Peter Schaaf, Bestuurder
Summary: v3.2
Technical details 
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2010
17-08-2010 Change in the board of directors Director changes
Summary: v3.2
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Activities
Groothandel in gereedschapswerktuigen46620Groothandel in gereedschapswerktuigen46620Groothandel in andere machines en werktuigen, neg46649Groothandel in andere machines en werktuigen, n.e.g.46699Groothandel in gereedschapswerktuigen51810Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv51872
Primary activity highlighted.
Names & trade names
Legal nameFR Castolin Eutectic Benelux
AbbreviationFR MEC BENELUX
Registered office
Werkplaatsenstraat(P.E.) 11
7850 Enghien, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative