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ADJIL CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 2012Paruckstraat 39, 1080 Sint-Jans-Molenbeek, Belgium30 active companies are registered at this addressKBO/BCE: BE 0500.452.494

A bankruptcy procedure is open for ADJIL CONSTRUCT according to publications in the Belgian Official Gazette; trustee: Jean-Louis De Chaffoy Jl.

Summary

The 2019 annual accounts show equity of €88,310 and a net result of €1,138.

ADJIL CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
27 April 2021
Supervising judge
Hendrik Nauta
Official Gazette
03-05-2021 (pdf) ↗search the document for 2021/116686

Deadlines

Provisional date payments stopped
27 April 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 18 May 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 27 May 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 2 June 2021Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 27 April 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€165,012turnover 2019
Equity
€88,310
Profit
€1,138
Financial health
Open bankruptcy: no score
Structure
7 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2019 · micro…
  2. OpeningEnterprise Court of Brussels ·…
  3. Annual accounts filedfinancial year 2018 · micro…

Financials · financial year 2019, micro format

2019 annual accounts filed late (356 days) Filed on 22 July 2021, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2021-38400173.

Turnover
€165,012▲ 10.0%
2018 · €150,004
EBIT margin
2.3%▼ 15.0pp
2018 · 17.3%
Net result
€1,138▼ 92.6%
2018 · €15,442
Working capital
€80,571▲ 23.7%
2018 · €65,128
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result falls in 2019; 2019 is 85% below 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€165,012 2019 Operating result€3,832 2019 Net result€1,138 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Turnover€150,004-€165,012▲ 10.0%
Operating result€25,957-€3,832▼ 85.2%
Net result€15,442-€1,138▼ 92.6%
EBIT margin17.3%-2.3%▼ 15.0pp
Equity€81,923-€88,310▲ 7.8%
Total assets€119,687-€196,975▲ 64.6%
Debt€37,765-€108,665▲ 188%
Working capital€65,128-€80,571▲ 23.7%
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €196,975
Fixed assets €7,739 ▼ 53.9%
Current assets €189,236 ▲ 83.9%
Equity and liabilities €196,975
Equity €88,310 ▲ 7.8%
Debt €108,665 ▲ 188%
Debt's share of the balance-sheet total rises from 31.6% to 55.2%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€10,956▼
2018 · €31,555
Cash flow
€8,261▼
2018 · €21,041
Current ratio
1.74▼
2018 · 2.72
ROE
1.3%▼
2018 · 18.8%
ROA
0.6%▼
2018 · 12.9%
Debt ≤ 1 year
€108,665▲
2018 · €37,765
Income taxes
€2,267▼
2018 · €10,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€119,687€196,975▲
Fixed assets21/28€16,794€7,739▼
Tangible fixed assets22/27€16,794€7,739▼
Current assets29/58€102,893€189,236▲
Amounts receivable within one year40/41€95,934€183,411▲
Cash at bank and in hand54/58€6,611€5,826▼
Equity and liabilities
Total equity and liabilities10/49€119,687€196,975▲
Equity10/15€81,923€88,310▲
Contributions10/11€8,700€13,950▲
Reserves13€1,860€1,860=
Profit (loss) carried forward14€71,363€72,500▲
Amounts payable17/49€37,765€108,665▲
Amounts payable within one year42/48€37,765€108,665▲
Trade debts44€18,972€84,340▲
Income statement Code20182019
Turnover70€150,004€165,012▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,598€7,124▲
Gross operating margin9900€39,208€13,859▼
Operating profit (loss)9901€25,957€3,832▼
Recurring financial income75€520-
Recurring financial charges65€1,027€427▼
Profit (loss) for the period before taxes9903€25,450€3,405▼
Income taxes67/77€10,008€2,267▼
Profit (loss) for the period9904€15,442€1,138▼
Profit (loss) for the period to be appropriated9905€15,442€1,138▼
Line20182019Change
Turnover70€150,004€165,012▲ 10.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,598€7,124▲ 27.3%
Gross operating margin9900€39,208€13,859▼ 64.7%
Operating profit (loss)9901€25,957€3,832▼ 85.2%
Recurring financial income75€520--
Recurring financial charges65€1,027€427▼ 58.4%
Profit (loss) for the period before taxes9903€25,450€3,405▼ 86.6%
Income taxes67/77€10,008€2,267▼ 77.3%
Profit (loss) for the period9904€15,442€1,138▼ 92.6%
Profit (loss) for the period to be appropriated9905€15,442€1,138▼ 92.6%
Line20182019Change
Assets
Total assets20/58€119,687€196,975▲ 64.6%
Fixed assets21/28€16,794€7,739▼ 53.9%
Tangible fixed assets22/27€16,794€7,739▼ 53.9%
Current assets29/58€102,893€189,236▲ 83.9%
Amounts receivable within one year40/41€95,934€183,411▲ 91.2%
Cash at bank and in hand54/58€6,611€5,826▼ 11.9%
Equity and liabilities
Total equity and liabilities10/49€119,687€196,975▲ 64.6%
Equity10/15€81,923€88,310▲ 7.8%
Contributions10/11€8,700€13,950▲ 60.3%
Reserves13€1,860€1,860=
Profit (loss) carried forward14€71,363€72,500▲ 1.6%
Amounts payable17/49€37,765€108,665▲ 188%
Amounts payable within one year42/48€37,765€108,665▲ 188%
Trade debts44€18,972€84,340▲ 345%
Line20182019Change
Profit (loss) for the period9904€15,442€1,138▼ 92.6%
+ Depreciation and write-downs630€5,598€7,124▲ 27.3%
Operating cash flow (approximation)€21,041€8,261▼ 60.7%
Investment in fixed assets (approximation)-€1,932-
Change in cash--€785-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2019 micro format 22-07-2021 2021-38400173
31-12-2018 micro format 11-07-2019 2019-32000096
31-12-2016 micro format 30-09-2017 2017-65600099
31-12-2015 abbreviated format 01-12-2016 2016-69200303
31-12-2014 abbreviated format 23-06-2016 2016-24300013
31-12-2013 abbreviated format 16-07-2014 2014-31600533

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 13,285 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Jean-Louis De Chaffoy Jl
Schaliestraat 18 Bis, 1602 Vlezenbeek
27-04-2021 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

ADJIL CONSTRUCT was incorporated on 30 October 2012.1 The company has filed 6 sets of annual accounts, the latest for financial year 2019.2 On 27 April 2021 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019
  3. 3Belgian Official Gazette, 03-05-2021

Acts, filings and financial milestones

2021
22-07
NBB filing Annual accounts filed
financial year 2019 · micro format · 356 days late
03-05
Bankruptcy Opening
Enterprise Court of Brussels · judgment of 27-04-2021
2019
11-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2017
30-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 61 days late
2016
01-12
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 123 days late
23-06
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 328 days late
2014
16-07
NBB filing Annual accounts filed
financial year 2013 · abbreviated format
SignalNBB filing
0 of 7 deeds read
About the unread acts

We know of 7 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded30-10-2012
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
764 m²
Building footprint
494 m²
Building volume
6,980 m³
2 parcels, Brussels, Flanders · tallest building 18.9 m. Linked by address, not a title deed.
30 companies at this address See who is registered here
1 establishment unit
ADJIL CONSTRUCT
Hombeeksesteenweg 44, 2800 MechelenSite preparation
since 2012unit no. 2.214.129.324
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21526D0082/00M004 Brussels 542 m² 1 · 391 m² 18.9 m · 6
12404F0646/00X000 Flanders 222 m² 1 · 103 m² 10.2 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.