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ASKO Build

Open bankruptcy
Private limited company (pre-2019)founded 2018Surmont de Volsberghestraat 6, 8900 Ieper, BelgiumKBO/BCE: BE 0715.999.461

A bankruptcy procedure is open for ASKO Build according to publications in the Belgian State Gazette; curator: ALAIN VANRYCKEGHEM.

Summary

The 2021 annual accounts show equity of €103,163 and a net result of €64,202.

ASKO BuildOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ypres division
Declared bankrupt
13 December 2022
Supervising judge
Geert Pyck
Official Gazette
23-12-2022 (pdf) ↗search the document for 2022/148119

Deadlines

Provisional date payments stopped
13 December 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 7 January 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 12 January 2023art. XX.104 and XX.155 CEL
First verification report
passed on 27 January 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 13 December 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

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Signals

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ASKO Build was incorporated on 19 December 2018.1 Total assets rose from EUR 45,545 in 2019 to EUR 428,587 in 2021.2 On 13 December 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 23-12-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€103,163▲ 165%
2020 · €38,961
Total assets
€428,587▲ 235%
2020 · €128,089
Net result
€64,202▲ 390%
2020 · €13,092
Working capital
€120,859▲ 251%
2020 · €34,424
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result€17,771-€16,920▼ 4.8%€90,829▲ 437%
Net result€13,469-€13,092within the sector's middle half▼ 2.8%€64,202above the sector's middle half▲ 390%
Equity€25,869-€38,961within the sector's middle half▲ 50.6%€103,163within the sector's middle half▲ 165%
Total assets€45,545-€128,089within the sector's middle half▲ 181%€428,587above the sector's middle half▲ 235%
Debt€19,676-€89,128▲ 353%€325,424▲ 265%
Working capital€25,058-€34,424within the sector's middle half▲ 37.4%€120,859above the sector's middle half▲ 251%
Solvency56.8%-30.4%within the sector's middle half▼ 26.4pp24.1%within the sector's middle half▼ 6.3pp
Current ratio2.27-1.47within the sector's middle half▼ 0.801.41within the sector's middle half▼ 0.06
Return on assets (ROA)29.6%-10.2%within the sector's middle half▼ 19.4pp15.0%within the sector's middle half▲ 4.8pp
Staff (FTE)0.3below the sector's middle half1▲ 233%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2019: €17,771€17,771Net result 2019: €13,469€13,469Operating result 2020: €16,920€16,920Net result 2020: €13,092€13,092Operating result 2021: €90,829€90,829Net result 2021: €64,202€64,202201920202021€0€25,000€50,000€75,000€100,000Operating result 2019: €17,771€17,800Net result 2019: €13,469Operating result 2020: €16,920€16,900Net result 2020: €13,092€13,100Operating result 2021: €90,829€90,800Net result 2021: €64,202€64,200201920202021
The operating result recovers in 2021; 2021 is 437% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €428,587
Fixed assets €16,228 ▼ 21.4%
Current assets €412,359 ▲ 284%
Equity and liabilities €428,587
Equity €103,163 ▲ 165%
Debt €325,424 ▲ 265%
Debt's share of the balance-sheet total rises from 69.6% to 75.9%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€95,435▲
2020 · €18,685
Cash flow
€68,809▲
2020 · €14,856
Quick ratio
1.22▼
2020 · 1.35
Debt to equity
3.15▲
2020 · 0.41
ROE
62.2%▲
2020 · 33.6%
Interest coverage
9.84
Debt ≤ 1 year
€291,501▲
2020 · €73,017
Debt > 1 year
€32,248▲
2020 · €16,110
Income taxes
€20,382▲
2020 · €2,682
Staff costs
€23,069
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 · 2021 against 2020 · 51 lines
Balance sheet Code20202021
Assets
Total assets20/58€128,089€428,587▲
Fixed assets21/28€20,647€16,228▼
Tangible fixed assets22/27€20,647€16,040▼
Furniture and vehicles24-€200
Leasing and similar rights25-€15,840
Financial fixed assets28-€188
Current assets29/58€107,442€412,359▲
Amounts receivable after more than one year29-€60,000
Other amounts receivable291-€60,000
Stocks and contracts in progress3€8,944€57,398▲
Stocks30/36-€7,398
Contracts in progress37-€50,000
Amounts receivable within one year40/41€22,109€277,551▲
Trade receivables40-€235,412
Other amounts receivable41-€42,140
Cash at bank and in hand54/58€36,336-
Deferred charges and accrued income490/1-€17,410
Equity and liabilities
Total equity and liabilities10/49€128,089€428,587▲
Equity10/15€38,961€103,163▲
Contributions10/11-€12,400
Reserves13€26,561€90,763▲
Distributable reserves133-€90,763
Amounts payable17/49€89,128€325,424▲
Amounts payable after more than one year17€16,110€32,248▲
Financial debts170/4-€32,248
Amounts payable within one year42/48€73,017€291,501▲
Current portion of amounts payable after more than one year42-€17,205
Financial debts43-€39,491
Credit institutions430/8-€39,491
Trade debts44€29,911€221,710▲
Suppliers440/4-€221,710
Taxes, remuneration and social security45-€13,095
Taxes450/3-€9,426
Remuneration and social security454/9-€3,669
Accrued charges and deferred income492/3-€1,676
Income statement Code20202021
Remuneration, social security and pensions62-€23,069
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,765€4,606▲
Other operating charges640/8-€5,581
Gross operating margin9900€28,576€124,085▲
Operating profit (loss)9901€16,920€90,829▲
Financial income75/76B-€3,453
Recurring financial income75€332€3,453▲
Financial charges65/66B-€9,698
Recurring financial charges65€1,477€9,698▲
Profit (loss) for the period before taxes9903€15,774€84,584▲
Income taxes67/77€2,682€20,382▲
Profit (loss) for the period9904€13,092€64,202▲
Profit (loss) for the period to be appropriated9905€13,092€64,202▲
Appropriation of the result
Profit (loss) to be appropriated9906-€64,202
Transfer to equity691/2-€64,202
To other reserves6921-€64,202

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62--€23,069-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621€1,765€4,606▲ 161%
Other operating charges640/8--€5,581-
Gross operating margin9900€19,904€28,576€124,085▲ 334%
Operating profit (loss)9901€17,771€16,920€90,829▲ 437%
Financial income75/76B--€3,453-
Recurring financial income75-€332€3,453▲ 941%
Financial charges65/66B--€9,698-
Recurring financial charges65€247€1,477€9,698▲ 556%
Profit (loss) for the period before taxes9903€17,524€15,774€84,584▲ 436%
Income taxes67/77€4,055€2,682€20,382▲ 660%
Profit (loss) for the period9904€13,469€13,092€64,202▲ 390%
Profit (loss) for the period to be appropriated9905€13,469€13,092€64,202▲ 390%
Line201920202021Change
Assets
Total assets20/58€45,545€128,089€428,587▲ 235%
Fixed assets21/28€811€20,647€16,228▼ 21.4%
Tangible fixed assets22/27€811€20,647€16,040▼ 22.3%
Furniture and vehicles24--€200-
Leasing and similar rights25--€15,840-
Financial fixed assets28--€188-
Current assets29/58€44,734€107,442€412,359▲ 284%
Amounts receivable after more than one year29--€60,000-
Other amounts receivable291--€60,000-
Stocks and contracts in progress3-€8,944€57,398▲ 542%
Stocks30/36--€7,398-
Contracts in progress37--€50,000-
Amounts receivable within one year40/41€6,479€22,109€277,551▲ 1,155%
Trade receivables40--€235,412-
Other amounts receivable41--€42,140-
Cash at bank and in hand54/58€37,886€36,336--
Deferred charges and accrued income490/1--€17,410-
Equity and liabilities
Total equity and liabilities10/49€45,545€128,089€428,587▲ 235%
Equity10/15€25,869€38,961€103,163▲ 165%
Contributions10/11€12,400-€12,400-
Reserves13€13,469€26,561€90,763▲ 242%
Distributable reserves133--€90,763-
Amounts payable17/49€19,676€89,128€325,424▲ 265%
Amounts payable after more than one year17-€16,110€32,248▲ 100%
Financial debts170/4--€32,248-
Amounts payable within one year42/48€19,676€73,017€291,501▲ 299%
Current portion of amounts payable after more than one year42--€17,205-
Financial debts43--€39,491-
Credit institutions430/8--€39,491-
Trade debts44€6,493€29,911€221,710▲ 641%
Suppliers440/4--€221,710-
Taxes, remuneration and social security45--€13,095-
Taxes450/3--€9,426-
Remuneration and social security454/9--€3,669-
Accrued charges and deferred income492/3--€1,676-
Line201920202021Change
Profit (loss) for the period9904€13,469€13,092€64,202▲ 390%
+ Depreciation and write-downs630€621€1,765€4,606▲ 161%
Operating cash flow (approximation)€14,090€14,856€68,809▲ 363%
Investment in fixed assets (approximation)--€21,600-€188▲ 99.1%
Change in cash--€1,549--

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

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Timeline · acts, filings and financial milestones

2023
16-10
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 03-10-2023
03-07
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 27-06-2023
2022
23-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 13-12-2022
08-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial Highest result since 2019net €64,202 ▲390%
Operating result €90,829, net result €64,202, both a record.
31-12
Financial Equity above €100,000Eq €103,163 ▲165%
3 profitable years in a row build equity to €103,163.
28-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €13,092 ▼2.8%
Net result drops to €13,092, the lowest in the series.
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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.

Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
111 m²
Building footprint
85 m²
Volume, LiDAR
987 m³
Parcel 33011F0201/00A000, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ASKO Build
Surmont de Volsberghestraat 6, 8900 IeperManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20182.284.041.380
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33011F0201/00A000 Flanders 111 m² 1 · 85 m² 15.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ALAIN VANRYCKEGHEM
Rijselstraat 132, 8900 Ieper
13-12-2022 → present

Similar companies · same sector, comparable size

Of 7,038 companies in this sector we hold annual accounts for 3,481. 3,067 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43110Demolition
43320Joinery installation
82990Other business support services
Contact
E-mail maja@alkon.beIeper
Phone 0476/61.55.45Ieper
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

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