Skip to content
Checked.be
Complete company report
Generated 10-08-2026
Active BE 0840.291.303Private limited companyOpen bankruptcy

Target

Kleinhoefstraat 5 ·2440 Geel, Belgium· 14 yrs active
Sector: NACE 52250 (52250)
Conclusion Checked

A bankruptcy procedure is open for Target according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €177k and a net result of €72k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €177k
Net result €72k
Staff (FTE) 1.2
Active 14 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health8Profitability100Solvency61Growth78Stability0
49 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 8
Profitability 100
Solvency 61
Growth 78
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 2020 · computed
8 / 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.

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 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 30-09-2024 with the NBB · fiscal year 2023 · verkort
€0€50k€100k€150kOperating result 2019: €52k€52kNet result 2019: €30k€30kOperating result 2020: €137k€137kNet result 2020: €72k€72k20192020
Operating resultNet result
EBITDA
€229k
+16.8% 19-20
Net profit
€72k
+139.6% 19-20
Cash flow
€164k
-5.5% 19-20
Total assets
€545k
-19.7% 19-20
Equity
€177k
+68.8% 19-20
Working capital
€-27k
+80.0% 19-20
Employees (FTE)
1
-36.8% 19-20
Income taxes
€42k
+793.5% 19-20
Debt
€368k
-35.9% 19-20
Debt ≤ 1y
€229k
-40.7% 19-20
Debt > 1y
€138k
-25.6% 19-20
Current ratio
0.88
+34.6% 19-20
Quick ratio
0.88
+34.6% 19-20
Solvency
32.5%
+110.1% 19-20
Debt / equity
0.78
-55.9% 19-20
ROE
40.8%
+42.0% 19-20
ROA
13.3%
+198.3% 19-20
Figures by fiscal year
Fiscal year2020
Depositmicro
Revenue-
EBITDA€229k
Net profit€72k
Cash flow€164k
Staff costs-
Income taxes€42k
Dividends-
Total assets€545k
Equity€177k
Debt€368k
of which ≤ 1y€229k
of which > 1y€138k
Working capital€-27k
Employees (FTE)1.2
Ratios (computed)
2020
Current ratio0.88
Quick ratio0.88
Working capital ratio-4.9%
Solvency32.5%
Debt / equity0.78
Long-term debt ratio0.78
Interest coverage-
Gross margin-
Net margin-
ROA13.3%
ROE40.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€545k
Fixed assets 21/28€343k
Tangible fixed assets 22/27€337k
Financial fixed assets 28€5k
Current assets 29/58€202k
Amounts receivable within one year 40/41€141k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€545k
Equity 10/15€177k
Reserves 13€159k
Accumulated profits (losses) 14€0
Amounts payable 17/49€368k
Amounts payable after one year 17€138k
Amounts payable within one year 42/48€229k
Trade debts payable within one year 44€31k
Income statement
Gross operating margin 9900€316k
Operating result 9901€137k
Financial income 75€2k
Financial charges 65€25k
Result before taxes 9903€115k
Income taxes 67/77€42k
Net result for the period 9904€72k
Result to be appropriated 9905€72k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Elly Verstrepen
    Director
    State Gazette act 23008523 (18-01-2023)
    Current
    01-06-2022 → present
  • Jason Fry
    Director
    State Gazette act 23008523 (18-01-2023)
    Current
    01-05-2018 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates3 persons
Role Name Tenure Source
Curator BRAM VANGEEL
DIESTSEWEG 155, 2440 GEEL-
 15-07-2025 → present Belgian State Gazette
Curator TOON BELMANS
DIESTSEWEG 155, 2440 GEEL
 15-07-2025 → present Belgian State Gazette
Curator SENNE DRAULANS
VEERLESEWEG 2 BUS 1, 2440 GEEL-
 28-06-2022 → present Belgian State Gazette
Legal Structure
NACE primary 52250
Legal form Private limited company(610)
Incorporation01-10-2011
StatusActive
Postal code2440
First BS signal 04-07-2022
Latest BS signal 22-07-2025
Company structure, linked entities3 linked entities
TargetBE 0840.291.303BRAM VANGEELReceiver ↔ 56Bouwwerken Vanheu…BROKERS REAL ESTA…Treeco Bouw en En…TOON BELMANSReceiverSENNE DRAULANSReceiver
Mandates
↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units 1 location
Target
Kleinhoefstraat 5, 2440 GeelOverige zakelijke dienstverlening, neg
since 20112.204.096.257
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.
13376G0389/00P000 Flanders 1.1 ha 1 · 3,240 m² 5.8 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 12 events

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

2025
22-07-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEF- STRAAT 5/11, 2440 GEEL · event 15-07-2025
2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
29-01-2024
State Gazette act Director changes
Caroline JACOBS
2023
27-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
18-01-2023
State Gazette act Director changes
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
18-07-2022
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEFSTRAAT 5, BUS 11, 2440 GEEL · event 12-07-2022
04-07-2022
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEF- STRAAT 5 BUS 11, 2440 GEEL · event 28-06-2022
2021
10-12-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
18-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
08-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
06-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
Lifecycle & Insolvency Signals 3 events
22-07-2025
Bankruptcy Opening
Date: 15-07-2025 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEF- STRAAT 5/11, 2440 GEEL · Publications in State Gazette ↗
18-07-2022
Bankruptcy Bankruptcy reversal
Date: 12-07-2022 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEFSTRAAT 5, BUS 11, 2440 GEEL · Publications in State Gazette ↗
04-07-2022
Bankruptcy Opening
Date: 28-06-2022 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · TARGET BV KLEINHOEF- STRAAT 5 BUS 11, 2440 GEEL · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-07-04 · Bankruptcy · Opening2022-07-18 · Bankruptcy · Bankruptcy reversal2025-07-22 · 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 2 acts
All acts · 2 updated 2 years ago
2024
29-01-2024 3 directors appointed Director changes·Caroline JACOBS
  • VERSTREPEN Elly, Bestuurder
  • ACCOUNTANTSBUREEL MANACC, Dagelijks bestuur
  • ANTWERPS BOEKHOUDKANTOOR, Dagelijks bestuur
Notary: Caroline JACOBS · Laakdal
Technical details 
{
  "events": [
    {
      "kind": "decharge_pending",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "pending_next_agm",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_pending",
      "role": "bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "pending_next_agm",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "VERSTREPEN Elly",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2022-06-01",
      "evidence_quote": "Voor de goede orde verklaart de algemene vergadering dat voornoemde mevrouw VERSTREPEN Elly benoemd werd tot bestuurder met ingang vanaf 1 juni 2022 voor onbepaalde duur",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_pending",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "FRY Robin",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "pending_next_agm",
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_pending",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "FRY Jason",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "pending_next_agm",
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0439.641.315",
        "name": "ACCOUNTANTSBUREEL MANACC",
        "address": "Molenberg 4",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "dagelijks_bestuur",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0430.935.366",
        "name": "ANTWERPS BOEKHOUDKANTOOR",
        "address": "Dascottelei 11",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": null,
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0652.934.318",
        "name": "PRICEWATERHOUSECOOPERS BUSINESS SERVICES",
        "address": "Culliganlaan 5",
        "country": "BE",
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Caroline JACOBS",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Laakdal",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-29",
    "filing_date": "2024-01-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-01-23",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0840.291.303",
    "name_full": "Target",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Caroline JACOBS",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaris"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
18-01-2023 2 directors appointed Director changes
  • Jason Fry, Bestuurder
  • Elly Verstrepen, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Jason Fry",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": true,
      "effective_date": "2018-05-01",
      "evidence_quote": "De algemene vergadering stelt vast dat de benoemingen van de bestuurders de heer Jason Fry en mevrouw Elly verstrepen niet gepubliceerd werden terwijl het mandaat wel effectief loopt.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Elly Verstrepen",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": "statutair",
      "compensated": true,
      "effective_date": "2022-06-01",
      "evidence_quote": "De algemene vergadering stelt vast dat de benoemingen van de bestuurders de heer Jason Fry en mevrouw Elly verstrepen niet gepubliceerd werden terwijl het mandaat wel effectief loopt.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-01-09",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-06-30",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0840.291.303",
    "name_full": "Target",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Robin Fry",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

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

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Logistieke diensten52250Overige vervoerondersteunende activiteiten52290Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Adviesbureaus op het gebied van public relations en communicatie70210Reclamebureaus73110Activiteiten van reclamebureaus73110Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300
Primary activity highlighted.
Names & trade names
Legal nameNL Target
Registered office
Kleinhoefstraat 5 bus 11
2440 Geel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
LI MO BE 0445.037.681 · Jurbise
RIOBEL BE 0450.667.740 · Zoutleeuw
ROOMS- VAN ROYEN BE 0447.904.428 · Temse
Bierhandel Sevens BE 0448.379.530 · Lommel
EXSAN AIR BE 0455.078.072 · Brecht
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative