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Alvini Construct

Open bankruptcy
Private limited companyfounded 2011KBO/BCE: BE 0837.641.817
Summary

A bankruptcy procedure is open for Alvini Construct according to publications in the Belgian Official Gazette. The 2018 annual accounts show equity of €169,371 and a net result of €192.

Alvini 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 Leuven
Declared bankrupt
17 June 2021
Supervising judge
Willem Van Calster
Official Gazette
23-06-2021 (pdf) ↗search the document for 2021/123876

Deadlines

Provisional date payments stopped
17 June 2021A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 8 July 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 17 July 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 27 July 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 17 June 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

Trustees

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
Other business support services
NACE 82990
1 site
Size
≈ €75,000turnover 2018, estimated
Equity
€169,371
Profit
€192
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2018 was due by 31-12-2018 and was filed on 26-11-2018, 35 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2020
not filed
2019
not filed
2018
35 days early
2017
54 days early
2016
58 days late
2015
2 days early
2014
240 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 41 days after the deadline; the sector median (NACE 82) for financial year 2020 is 2 days before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Leuven ·…
  2. Annual accounts filedfinancial year 2018 · micro…
  3. Annual accounts filedfinancial year 2017 · micro…

Financials · financial year 2018, micro format

Turnover
≈ €75,000
Estimated: probably between €38,000 and €140,000
Total assets
€350,021▲ 31.4%
2017 · €266,409
Net result
€192▼ 99.4%
2017 · €33,197
Working capital
€129,511▲ 6.8%
2017 · €121,287
Trend over the years

2014 to 2018, 5 financial years 2014 to 2018, 5 financial years

The operating result falls in 2018; 2018 is 97% below 2017.

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

Operating result€870 2018 Net result€192 2018

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

Every figure with its change against the financial year before
favourable unfavourable
Line20142015201620172018
Operating result-€20,517--€3,571€33,244€870▼ 97.4%
Net result-€20,537--€40▲ 99.8%-€3,771▼ 9,296%€33,197€192▼ 99.4%
Equity€139,794-€139,754=€135,982▼ 2.7%€169,179▲ 24.4%€169,371▲ 0.1%
Total assets€249,674-€249,633=€245,862▼ 1.5%€266,409▲ 8.4%€350,021▲ 31.4%
Debt€109,880-€109,880=€109,880=€97,231▼ 11.5%€180,650▲ 85.8%
Working capital€121,287€129,511▲ 6.8%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €350,021
Fixed assets €170,510 ▲ 17.6%
Current assets €179,511 ▲ 47.9%
Equity and liabilities €350,021
Equity €169,371 ▲ 0.1%
Debt €180,650 ▲ 85.8%
Debt's share of the balance-sheet total rises from 36.5% to 51.6%. Equity and debt are higher.
Key figures and ratios
2018 value · change against 2017
EBITDA
€10,390
Cash flow
€9,712
Current ratio
3.59
Debt to equity
0.77▲
2017 · 0.57
ROE
0.1%▼
2017 · 19.6%
ROA
0.1%▼
2017 · 12.5%
Debt ≤ 1 year
€50,000▲
2017 · €122
Debt > 1 year
€130,000▲
2017 · €97,108
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 · 2018 against 2017 · 23 lines
Balance sheet Code20172018
Assets
Total assets20/58€266,409€350,021▲
Fixed assets21/28€145,000€170,510▲
Intangible fixed assets21-€19,410
Tangible fixed assets22/27€145,000€151,100▲
Current assets29/58€121,409€179,511▲
Amounts receivable within one year40/41€121,273€141,740▲
Cash at bank and in hand54/58€136€37,771▲
Equity and liabilities
Total equity and liabilities10/49€266,409€350,021▲
Equity10/15€169,179€169,371▲
Contributions10/11€175,000€175,000=
Profit (loss) carried forward14-€5,821-€5,629▲
Amounts payable17/49€97,231€180,650▲
Amounts payable after more than one year17€97,108€130,000▲
Amounts payable within one year42/48€122€50,000▲
Trade debts44€122-
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9,520
Gross operating margin9900€33,598€12,444▼
Operating profit (loss)9901€33,244€870▼
Recurring financial income75-€294
Recurring financial charges65€48€972▲
Profit (loss) for the period before taxes9903€33,197€192▼
Profit (loss) for the period9904€33,197€192▼
Profit (loss) for the period to be appropriated9905€33,197€192▼
Line20142015201620172018Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€9,520-
Gross operating margin9900-€1,342--€3,076€33,598€12,444▼ 63.0%
Operating profit (loss)9901-€20,517--€3,571€33,244€870▼ 97.4%
Recurring financial income75----€294-
Recurring financial charges65€20€40€200€48€972▲ 20×
Profit (loss) for the period before taxes9903-€20,537-€40-€3,771€33,197€192▼ 99.4%
Profit (loss) for the period9904-€20,537-€40-€3,771€33,197€192▼ 99.4%
Profit (loss) for the period to be appropriated9905-€20,537-€40-€3,771€33,197€192▼ 99.4%
Line20142015201620172018Change
Assets
Total assets20/58€249,674€249,633€245,862€266,409€350,021▲ 31.4%
Fixed assets21/28€145,000€145,000€145,000€145,000€170,510▲ 17.6%
Intangible fixed assets21----€19,410-
Tangible fixed assets22/27€145,000€145,000€145,000€145,000€151,100▲ 4.2%
Current assets29/58€104,674€104,633€100,862€121,409€179,511▲ 47.9%
Amounts receivable within one year40/41€104,500€104,500€100,371€121,273€141,740▲ 16.9%
Cash at bank and in hand54/58€174€133€491€136€37,771▲ 278×
Equity and liabilities
Total equity and liabilities10/49€249,674€249,633€245,862€266,409€350,021▲ 31.4%
Equity10/15€139,794€139,754€135,982€169,179€169,371▲ 0.1%
Contributions10/11€175,000€175,000€175,000€175,000€175,000=
Profit (loss) carried forward14-€35,206-€35,246-€39,018-€5,821-€5,629▲ 3.3%
Amounts payable17/49€109,880€109,880€109,880€97,231€180,650▲ 85.8%
Amounts payable after more than one year17€109,880€109,880€109,880€97,108€130,000▲ 33.9%
Amounts payable within one year42/48---€122€50,000▲ 408×
Trade debts44---€122--
Line20142015201620172018Change
Profit (loss) for the period9904-€20,537-€40-€3,771€33,197€192▼ 99.4%
+ Depreciation and write-downs630----€9,520-
Operating cash flow (approximation)-€20,537-€40-€3,771€33,197€9,712▼ 70.7%
Investment in fixed assets (approximation)-€0€0€0-€35,030-
Change in cash--€40€357-€355€37,636-

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
31-05-2018 micro format 26-11-2018 2018-72900052
31-05-2017 micro format 07-11-2017 2017-69400005
31-05-2016 abbreviated format 27-02-2017 2017-05300397
31-05-2015 abbreviated format 29-12-2015 2015-70700487
31-05-2014 abbreviated format 28-08-2015 2015-53200025
31-05-2013 abbreviated format 28-08-2015 2015-53200024

Similar companies · same sector, comparable size

Of the 24,204 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,752. 7,292 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 6 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

2 mandates
Role Name Tenure
Trustee Jacques Arnauts-Smeets
Sint Niklaasberg 5, 3200 Aarschot
17-06-2021 → present
Trustee Gunther Peeters
Sint Niklaasberg 5, 3200 Aarschot
17-06-2021 → present

Owners and capital

Owners

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

History

Alvini Construct was incorporated on 6 July 2011.1 Total assets rose from €249,674 in 2014 to €350,021 in 2018.2 On 17 June 2021 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2014 and 2018
  3. 3Belgian Official Gazette, 23-06-2021

Acts, filings and financial milestones

2021
23-06
Bankruptcy Opening
Enterprise Court of Leuven · judgment of 17-06-2021
2018
26-11
NBB filing Annual accounts filed
financial year 2018 · micro format
2017
07-11
NBB filing Annual accounts filed
financial year 2017 · micro format
31-05
Financial Back to profitnet €33,197
Net result €33,197 after 3 loss-making years.
31-05
Financial Equity above €150,000equity €169,179 ▲24.4%
Equity rises from €135,982 to €169,179.
27-02
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 58 days late
2015
29-12
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
28-08
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 240 days late
28-08
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 605 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 6 deeds read
About the unread acts

We know of 6 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.

Opening faillissement

Alvini Construct is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 May 2018
Legal form
Private limited company
Active since
6 July 2011
Official KBO record

Register details

Identification
Legal formPrivate limited company
Founded06-07-2011
Financial year end31-05
Abbreviation NL Q.M.I.
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
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 31 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, Bekkevoort · 1 establishment unit since 2011
registered office establishment The establishment unit on the map
Ground area
1,764 m²
Building footprint
590 m²
Building volume
1,544 m³
Parcel 24008B0004/00G002, Flanders · tallest building 7.4 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Quality Management & Invest, afgekort Q.M.I.
Other business support services
since 2011unit no. 2.201.807.255
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24008B0004/00G002 Flanders 1,764 m² 1 · 590 m² 7.3 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.