Active BE 0461.978.534Private limited company (pre-2019)Open bankruptcy

HEININGER

Olmenstraat 34 ·9100 Sint-Niklaas, Belgium· 28 yrs active

Sector: Wholesale trade (46648)

Conclusion Checked

A bankruptcy procedure is open for HEININGER according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-279k) and a net result of €-235k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-279k
Net result	€-235k
Better than sector	7%
Active	28 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

40 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 67

Growth 32

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

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 2021 · computed

0 / 100 Critical

050100

Computed from 5 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 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-06-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-49.9%	29.7%	better than 7% of 608 sector peers
Net result	€-235k	€39k	better than 5% of 608 sector peers
Equity	€-279k	€241k	better than 5% of 609 sector peers
Gross operating margin	€-212k	€226k	better than 5% of 607 sector peers
Total assets	€558k	€1.05M	better than 31% of 608 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-215k

+73.3% 18-21

Net profit

€-235k

+71.7% 18-21

Cash flow

€-216k

+73.2% 18-21

Total assets

€558k

-33.0% 18-21

Equity

€-279k

-538.7% 18-21

Working capital

€435k

-33.9% 18-21

Income taxes

€324

-4.1% 18-21

Debt

€102k

-28.1% 18-21

Debt ≤ 1y

€92k

-26.0% 18-21

Debt > 1y

€10k

-42.5% 18-21

Current ratio

5.74

-9.0% 18-21

Quick ratio

4.73

-8.0% 18-21

Solvency

-49.9%

-853.1% 18-21

Debt / equity

-0.37

+9.6% 18-21

ROE

84.3%

-95.6% 18-21

ROA

-42.1%

+57.8% 18-21

Interest coverage

-113.17

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	€-215k
Net profit	€-235k
Cash flow	€-216k
Staff costs	-
Income taxes	€324
Dividends	-
Total assets	€558k
Equity	€-279k
Debt	€102k
of which ≤ 1y	€92k
of which > 1y	€10k
Working capital	€435k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	5.74
Quick ratio	4.73
Working capital ratio	78.0%
Solvency	-49.9%
Debt / equity	-0.37
Long-term debt ratio	-0.04
Interest coverage	-113.17
Gross margin	-
Net margin	-
ROA	-42.1%
ROE	84.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €31k · 5.6% Current assets €527k · 94.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€558k
Fixed assets	21/28	€31k
Tangible fixed assets	22/27	€31k
Financial fixed assets	28	€135
Current assets	29/58	€527k
Stocks & contracts in progress	3	€93k
Amounts receivable within one year	40/41	€250k
Cash & bank	54/58	€181k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€558k
Equity	10/15	€-279k
Contributions / capital	10/11	€30k
Reserves	13	€107k
Accumulated profits (losses)	14	€-416k
Provisions & deferred taxes	16	€735k
Amounts payable	17/49	€102k
Amounts payable after one year	17	€10k
Amounts payable within one year	42/48	€92k
Trade debts payable within one year	44	€83k
Income statement
Gross operating margin	9900	€-212k
Operating result	9901	€-234k
Financial income	75	€1k
Financial charges	65	€2k
Result before taxes	9903	€-235k
Income taxes	67/77	€324
Net result for the period	9904	€-235k
Result to be appropriated	9905	€-235k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	GUY VAN DEN BRANDEN COLMARSTRAAT 2 A, 9100 SINT-NIKLAAS	24-10-2022 → present	Belgian State Gazette
Curator	ELKE M.J. GOOSSENS COLMARSTRAAT 2A, 9100 SINT-NIKLAAS-	24-10-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46648)
Legal form	Private limited company (pre-2019)(015)
Incorporation	26-11-1997
Status	Active
Postal code	9100
First BS signal	28-10-2022
Latest BS signal	28-10-2022

Company structure, linked entities2 linked entities

Mandates

Establishment units 1 location

HEININGER BVBA

Olmenstraat 34, 9100 Sint-NiklaasPersonenvervoer door de lucht

since 19972.084.417.360

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 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46446B0182/00R000	Flanders	3,125 m²	1 · 182 m²	8.0 m · 1 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 11 events

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

2022

28-10-2022

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · HEININGER BV OLMEN- STRAAT 34, 9100 SINT-NIKLAAS · event 24-10-2022

29-06-2022