Number of creditors of bankrupt hardware wholesaler continues to rise, and that is far from all
Hardware wholesaler GS Interfer has seen its creditor list grow to 107 parties, with total debts exceeding 7 million euros. Following three years of consistent financial losses and operational failures after a difficult relocation, the company is now subject to a formal FIOD investigation.
The number of creditors for the bankrupt hardware wholesaler GS Interfer, based in Almere, has risen to 107. These creditors are collectively owed approximately 7 million euros, a figure that includes significant outstanding debts to the Tax and Customs Administration and the UWV. The company, which supplied products to major retailers like Praxis and Intergamma, had been struggling with financial losses for three years prior to its bankruptcy in March 2024. Losses totaled over 5 million euros during this period despite a revenue of 21 million euros in 2024.
The curator identified a difficult relocation to Almere as a primary factor in the business collapse, as it led to late deliveries, client attrition, and staff departures. Furthermore, the company is currently under investigation by the FIOD regarding the importation of goods from China, as well as scrutiny into its overall administration. Due to these ongoing investigations, the curator anticipates the bankruptcy proceedings will continue for a considerable time.
Based on reporting by ad. Translated and condensed by LocalHeadlines.
