B.A. CONSTRUCT
InactiveB.A. CONSTRUCT was declared bankrupt on 21-12-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 03-01-2023, published in the Belgian State Gazette on 11-01-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-10-2020, 83 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
not filed
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Turnover
€359k▼ 26.0%
2018 · €486k
2018: €486k
2018 → 2019
EBIT margin
-3.5%▼ 6.9pp
2018 · 3.4%
2018: 3.4%
2018 → 2019
Net result
€-14k
2018 · €11k
2018: €11k
2018 → 2019
Working capital
€7k▼ 66.9%
2018 · €21k
2018: €21k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€486k-€359k▼ 26.0%
Equity€21k-€7k▼ 66.6%
Operating result€16k-€-13k
Net result€11k-€-14k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €13k after €16k in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €252k
Fixed assets
€93=
Current assets
€252k▲ 54.2%
Equity and liabilities €252k
Equity
€7k▼ 66.6%
Debt
€245k▲ 72.3%
The debt ratio rises from 87.0% to 97.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
2.8%▼
2018 · 13.0%
Current ratio
1.03▼
2018 · 1.15
Quick ratio
0.85▼
2018 · 1.15
ROE
-199.4%▼
2018 · 53.6%
ROA
-5.6%▼
2018 · 7.0%
Debt
€245k▲
2018 · €142k
Debt ≤ 1 year
€245k▲
2018 · €142k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€164k€252k▲
Fixed assets21/28€93€93=
Financial fixed assets28€93€93=
Current assets29/58€163k€252k▲
Stocks and contracts in progress3-€45k
Amounts receivable within one year40/41€163k€193k▲
Cash at bank and in hand54/58€0€14k▲
Equity and liabilities
Total equity and liabilities10/49€164k€252k▲
Equity10/15€21k€7k▼
Contributions10/11€13k€13k=
Reserves13€1k€1k=
Profit (loss) carried forward14€7k€-7k▼
Amounts payable17/49€142k€245k▲
Amounts payable within one year42/48€142k€245k▲
Trade debts44€109k€205k▲
Income statement
Code20182019
Turnover70€486k€359k▼
Gross operating margin9900€46k€3k▼
Operating profit (loss)9901€16k€-13k▼
Recurring financial income75€1-
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€14k€-14k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€11k€-14k▼
Profit (loss) for the period to be appropriated9905€11k€-14k▼
Timeline · acts, filings and financial milestones
2023
11-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · B.A.CONSTRUCT SPRL RUE DE BIRMINGHAM 99, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 21 décembre 2021 · event 03-01-2023
2021
29-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · B.A.CONSTRUCT SPRL RUE DE BIRMINGHAM 99, 1080 MOLENBEEK-SAINT-JEAN · event 21-12-2021
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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 | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 BRUXELLES 6 |
21-12-2021 → present |