Advance Construct
Open bankruptcyFinancials · financial year 2024, abbreviated format
2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00464729.
Equity
€719
Total assets
€198,863
Net result
€219
Working capital
€2,344
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Equity and liabilities €198,863
Equity
€719
Debt
€198,144
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,633
Cash flow
€2,395
Current ratio
1.01
ROA
0.1%
Interest coverage
15.38
Debt ≤ 1 year
€196,519
Income taxes
€475
Equity ratios withheld: equity of €719 is too small for a meaningful ratio.
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,176 |
| Other operating charges640/8 | €945 |
| Gross operating margin9900 | €3,577 |
| Operating profit (loss)9901 | €456 |
| Financial income75/76B | €408 |
| Recurring financial income75 | €408 |
| Financial charges65/66B | €171 |
| Recurring financial charges65 | €171 |
| Profit (loss) for the period before taxes9903 | €693 |
| Income taxes67/77 | €475 |
| Profit (loss) for the period9904 | €219 |
| Profit (loss) for the period to be appropriated9905 | €219 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €198,863 | |
| Current assets29/58 | €198,863 | |
| Amounts receivable within one year40/41 | €185,839 | |
| Trade receivables40 | €144,608 | |
| Other amounts receivable41 | €41,231 | |
| Cash at bank and in hand54/58 | €13,024 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €198,863 | |
| Equity10/15 | €719 | |
| Contributions10/11 | €500 | |
| Reserves13 | €219 | |
| Distributable reserves133 | €219 | |
| Amounts payable17/49 | €198,144 | |
| Amounts payable within one year42/48 | €196,519 | |
| Trade debts44 | €191,363 | |
| Suppliers440/4 | €191,363 | |
| Taxes, remuneration and social security45 | €4,178 | |
| Taxes450/3 | €1,178 | |
| Remuneration and social security454/9 | €3,000 | |
| Other amounts payable47/48 | €978 | |
| Accrued charges and deferred income492/3 | €1,625 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €219 |
| + Depreciation and write-downs630 | €2,176 |
| Operating cash flow (approximation) | €2,395 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00464729 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.