Active BE 0638.829.726Private limited company (pre-2019)Open bankruptcy

COMPO-PANEL

Rochesterlaan 1A ·8470 Gistel, Belgium· 10 yrs active

Conclusion Checked

A bankruptcy procedure is open for COMPO-PANEL according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-316k) and a net result of €-1k.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-316k
Net result	€-1k
Active	10 yrs
Locations	1

Snowflake analysis 5 of 5 axes measured · computed by Checked

24 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 2

Solvency 61

Growth 58

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 riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: 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 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 25-04-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

EBITDA

€-3k

+94.8% 18-24

Net profit

€-1k

+53.6% 18-24

Cash flow

€-207k

-5.3% 18-24

Total assets

€69k

-0.1% 18-24

Equity

€-316k

-0.5% 18-24

Working capital

€29k

-2.1% 18-24

Employees (FTE)

1

- 18-24

Debt

€384k

+0.4% 18-24

Debt ≤ 1y

€40k

+1.5% 18-24

Debt > 1y

€345k

+0.2% 18-24

Current ratio

1.73

-1.5% 18-24

Quick ratio

1.73

-1.5% 18-24

Solvency

-460.9%

-0.5% 18-24

Debt / equity

-1.22

+0.1% 18-24

ROE

0.5%

-53.8% 18-24

ROA

-2.2%

+53.5% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-1k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€69k
Equity	€-316k
Debt	€384k
of which ≤ 1y	€40k
of which > 1y	€345k
Working capital	€29k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.73
Quick ratio	1.73
Working capital ratio	42.3%
Solvency	-460.9%
Debt / equity	-1.22
Long-term debt ratio	-1.09
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-2.2%
ROE	0.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

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	€69k
Current assets	29/58	€69k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€69k
Equity	10/15	€-316k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-334k
Amounts payable	17/49	€384k
Amounts payable after one year	17	€345k
Amounts payable within one year	42/48	€40k
Trade debts payable within one year	44	€499
Income statement
Gross operating margin	9900	€-859
Operating result	9901	€-1k
Financial charges	65	€123
Result before taxes	9903	€-1k
Net result for the period	9904	€-1k
Result to be appropriated	9905	€-1k

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	FRANCIS VOLCKAERT KAPELLESTRAAT 136 BLOK E, 8020 OOSTKAMP ↔ Also on 47 other cases	08-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	24-09-2015
Status	Active
Postal code	8470
First BS signal	12-12-2025
Latest BS signal	12-12-2025

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

COMPO-PANEL

Rochesterlaan 1, 8470 GistelVervaardiging van platen, vellen, buizen en profielen van kunststof

since 20152.245.714.207

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35005D0715/00Z000	Flanders	1.7 ha	1 · 1,583 m²	6.0 m · 1 fl.
35005D0715/00P000	Flanders	701 m²	1 · 177 m²	7.2 m · 2 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.

Updates 9 events

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

2025

12-12-2025

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oostende · COMPO-PANEL BV ROCHES- TERLAAN 1A, 8470 GISTEL · event 08-12-2025

25-04-2025