A.L. CONSTRUCT
InactiveA.L. CONSTRUCT was declared bankrupt on 07-06-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 11-07-2023, published in the Belgian State Gazette on 24-07-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 21-10-2021, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
82 d late
2019
133 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€38k▲ 16.1%
2019 · €32k
2018: €25k
2019: €32k
2018 → 2020
Total assets
€56k▲ 14.9%
2019 · €49k
2018: €48k
2019: €49k
2018 → 2020
Net result
€5k▼ 27.6%
2019 · €7k
2018: €4k
2019: €7k
2018 → 2020
Working capital
€36k▲ 23.4%
2019 · €29k
2018: €24k
2019: €29k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€25k-€32k▲ 28.6%€38k▲ 16.1%
Operating result€7k-€9k▲ 25.4%€8k▼ 5.9%
Net result€4k-€7k▲ 105%€5k▼ 27.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 6% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €56k
Fixed assets
€1k▼ 53.1%
Current assets
€55k▲ 19.5%
Equity and liabilities €56k
Equity
€38k▲ 16.1%
Debt
€19k▲ 12.7%
The debt ratio falls from 34.0% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2019 · €10k
Cash flow
€7k▼
2019 · €9k
Solvency
66.7%▲
2019 · 66.0%
Current ratio
2.92▲
2019 · 2.76
Quick ratio
2.92▲
2019 · 2.76
ROE
13.9%▼
2019 · 22.2%
ROA
9.2%▼
2019 · 14.7%
Debt
€19k▲
2019 · €17k
Debt ≤ 1 year
€19k▲
2019 · €17k
Income taxes
€5k▲
2019 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€49k€56k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Current assets29/58€46k€55k▲
Amounts receivable within one year40/41€40k€45k▲
Cash at bank and in hand54/58€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€49k€56k▲
Equity10/15€32k€38k▲
Contributions10/11€1k-
Reserves13€7k€7k=
Profit (loss) carried forward14€24k€30k▲
Amounts payable17/49€17k€19k▲
Amounts payable within one year42/48€17k€19k▲
Trade debts44€1k€1k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Gross operating margin9900€11k€17k▲
Operating profit (loss)9901€9k€8k▼
Recurring financial income75€2k€3k▲
Recurring financial charges65€343€1k▲
Profit (loss) for the period before taxes9903€10k€10k▼
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€7k€5k▼
Profit (loss) for the period to be appropriated9905€7k€5k▼
Timeline · acts, filings and financial milestones
2023
24-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · A.L. CONSTRUCT BV CHAZALLAAN 136, 1030 Schaarbeek · event 11-07-2023
2022
14-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · A.L. CONSTRUCT BV CHAZAL- LAAN 136, 1030 Schaarbeek · event 07-06-2022
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 133 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲105%
Operating result €9k, net result €7k, both a record.
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 121 days late
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
07-06-2022 → present |