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B-Construct

Open bankruptcy
Private limited company (pre-2019)founded 1977Demerstraat 30, 3200 Aarschot, BelgiumKBO/BCE: BE 0417.441.577

A bankruptcy procedure is open for B-Construct according to publications in the Belgian Official Gazette; trustee: meester Jan Convents.

Summary

The 2025 annual accounts show equity of €75,171 and a net result of -€5,035.

B-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
Commercial Court of Leuven
Declared bankrupt
29 July 2014
Supervising judge
A. Collaer
Official Gazette
05-08-2014 (pdf) ↗search the document for 2014/025286

Deadlines

Provisional date payments stopped
29 July 2014A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 20 August 2014Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
First verification report
passed on 16 September 2014Reclaim 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 29 July 2015A 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

  • meester Jan Conventsadvocaat te 3000 Leuven, Koning Leopold I-straat 28

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. This bankruptcy was opened before April 2017 and is not in RegSol: the trustee and the registry of the enterprise court keep the file.
  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.

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
Roofing work
NACE 43410Waste collection, recovery and disposal activities NACE 38330
1 site
Size
€312,135total assets 2025
Staff
1.1 FTE
Equity
€75,171
Loss
-€5,035
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 2 deeds read
Signalsraises riskOpen bankruptcyWeak solvency vs sectorneutralFiled after the deadlineShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9632 sector peers (2025).
NBB · sector comparison
Position among 9632 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
22 days late
2023
20 days late
2022
24 days late
2021
25 days late
2020
19 days late
2019
109 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day 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. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00507550.

Equity
€75,171▼ 6.3%
2024 · €80,206
Total assets
€312,135▲ 30.6%
2024 · €239,047
Net result
-€5,035
2024 · €17,349
Working capital
-€29,581
2024 · €12,518
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €6,838 after €31,050 in 2024, the lowest result in the available series.

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

Operating result-€6,838 2025 Net result-€5,035 2025

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

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€6,636-€96,260▲ 1,351%-€88,867€77,791€6,910▼ 91.1%€53,277▲ 671%€31,050▼ 41.7%-€6,838
Net result€3,368-€71,695▲ 2,029%-€92,700below the sector's middle half€65,521above the sector's middle half€3,275within the sector's middle half▼ 95.0%€20,360within the sector's middle half▲ 522%€17,349within the sector's middle half▼ 14.8%-€5,035below the sector's middle half
Equity€24,707-€66,402▲ 169%-€26,298below the sector's middle half€39,222within the sector's middle half€42,498within the sector's middle half▲ 8.4%€62,857within the sector's middle half▲ 47.9%€80,206below the sector's middle half▲ 27.6%€75,171within the sector's middle half▼ 6.3%
Total assets€365,845-€247,812▼ 32.3%€407,226above the sector's middle half▲ 64.3%€284,121within the sector's middle half▼ 30.2%€400,239above the sector's middle half▲ 40.9%€197,925within the sector's middle half▼ 50.5%€239,047below the sector's middle half▲ 20.8%€312,135within the sector's middle half▲ 30.6%
Debt€301,138-€141,411▼ 53.0%€433,524▲ 207%€244,899▼ 43.5%€357,741▲ 46.1%€135,068▼ 62.2%€158,841▲ 17.6%€236,964▲ 49.2%
Working capital€41,611-€118,713▲ 185%-€62,315below the sector's middle half€18,138within the sector's middle half€21,592within the sector's middle half▲ 19.0%-€15,205below the sector's middle half€12,518below the sector's middle half-€29,581below the sector's middle half
Solvency6.8%-26.8%▲ 20.0pp-6.5%below the sector's middle half▼ 33.3pp13.8%below the sector's middle half▲ 20.3pp10.6%below the sector's middle half▼ 3.2pp31.8%within the sector's middle half▲ 21.1pp33.6%within the sector's middle half▲ 1.8pp24.1%below the sector's middle half▼ 9.5pp
Current ratio1.14-2.12▲ 0.980.86below the sector's middle half▼ 1.261.07below the sector's middle half▲ 0.221.06below the sector's middle half▼ 0.010.89below the sector's middle half▼ 0.171.08below the sector's middle half▲ 0.190.84below the sector's middle half▼ 0.24
Return on assets (ROA)0.9%-28.9%▲ 28.0pp-22.8%below the sector's middle half▼ 51.7pp23.1%above the sector's middle half▲ 45.8pp0.8%within the sector's middle half▼ 22.2pp10.3%within the sector's middle half▲ 9.5pp7.3%within the sector's middle half▼ 3.0pp-1.6%below the sector's middle half▼ 8.9pp
Staff (FTE)0.5below the sector's middle half1.2▲ 140%1.3▲ 8.3%1.5▲ 15.4%1.7below the sector's middle half▲ 13.3%1.1below the sector's middle half▼ 35.3%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €312,135
Fixed assets €160,027 ▲ 136%
Current assets €152,108 ▼ 11.2%
Equity and liabilities €312,135
Equity €75,171 ▼ 6.3%
Debt €236,964 ▲ 49.2%
Debt's share of the balance-sheet total rises from 66.4% to 75.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€15,281▼
2024 · €47,622
Cash flow
€17,084▼
2024 · €33,921
Debt to equity
3.15▲
2024 · 1.98
ROE
-6.7%▼
2024 · 21.6%
Interest coverage
14.27▲
2024 · 13.36
Debt ≤ 1 year
€181,689▲
2024 · €158,841
Debt > 1 year
€54,099
Income taxes
€0▼
2024 · €11,702
Staff costs
€57,472▼
2024 · €75,376
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 · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€239,047€312,135▲
Fixed assets21/28€67,688€160,027▲
Intangible fixed assets21-€33,137
Tangible fixed assets22/27€67,688€126,891▲
Land and buildings22€19,440€19,440=
Plant, machinery and equipment23€8,127€3,609▼
Furniture and vehicles24€40,122€103,841▲
Current assets29/58€171,359€152,108▼
Amounts receivable within one year40/41€169,781€150,137▼
Trade receivables40€11,188€146,271▲
Other amounts receivable41€158,592€3,866▼
Cash at bank and in hand54/58€662€592▼
Deferred charges and accrued income490/1€916€1,379▲
Equity and liabilities
Total equity and liabilities10/49€239,047€312,135▲
Equity10/15€80,206€75,171▼
Contributions10/11€18,592€18,592=
Reserves13€23,906€23,906=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€22,047€22,047=
Profit (loss) carried forward14€37,708€32,673▼
Amounts payable17/49€158,841€236,964▲
Amounts payable after more than one year17-€54,099
Financial debts170/4-€54,099
Amounts payable within one year42/48€158,841€181,689▲
Current portion of amounts payable after more than one year42-€8,901
Trade debts44€136,395€85,458▼
Suppliers440/4€136,395€85,458▼
Taxes, remuneration and social security45€22,447€11,108▼
Taxes450/3€11,717€3,589▼
Remuneration and social security454/9€10,729€7,518▼
Other amounts payable47/48€0€76,222▲
Accrued charges and deferred income492/3-€1,176
Income statement Code20242025
Remuneration, social security and pensions62€75,376€57,472▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,573€22,119▲
Other operating charges640/8€11,124€7,941▼
Non-recurring operating charges66A€0-
Gross operating margin9900€134,122€80,695▼
Operating profit (loss)9901€31,050-€6,838▼
Financial income75/76B€1,566€2,874▲
Recurring financial income75€1,566€2,874▲
Financial charges65/66B€3,565€1,071▼
Recurring financial charges65€3,565€1,071▼
Profit (loss) for the period before taxes9903€29,051-€5,035▼
Income taxes67/77€11,702€0▼
Profit (loss) for the period9904€17,349-€5,035▼
Profit (loss) for the period to be appropriated9905€17,349-€5,035▼
Appropriation of the result
Profit (loss) to be appropriated9906€37,708€32,673▼
Profit (loss) brought forward from the previous period14P€20,360€37,708▲
Social balance sheet
Average headcount (FTE)90871.71.1▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€12,836€54,107€65,350€75,376€57,472▼ 23.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€816€407€1,672€292€178€9,300€16,573€22,119▲ 33.5%
Other operating charges640/8---€16,297€2,845€19,177€11,124€7,941▼ 28.6%
Non-recurring operating charges66A-----€1,364€0--
Gross operating margin9900€41,111€120,359-€49,679€107,216€64,041€148,469€134,122€80,695▼ 39.8%
Operating profit (loss)9901€6,636€96,260-€88,867€77,791€6,910€53,277€31,050-€6,838-
Financial income75/76B-----€46€1,566€2,874▲ 83.5%
Recurring financial income75€5-€0--€46€1,566€2,874▲ 83.5%
Financial charges65/66B---€967€1,722€5,144€3,565€1,071▼ 70.0%
Recurring financial charges65€761€963€3,833€967€1,722€5,144€3,565€1,071▼ 70.0%
Profit (loss) for the period before taxes9903€5,879€95,297-€92,700€76,824€5,188€48,178€29,051-€5,035-
Income taxes67/77€2,511€23,602-€11,303€1,912€27,819€11,702€0▼ 100.0%
Profit (loss) for the period9904€3,368€71,695-€92,700€65,521€3,275€20,360€17,349-€5,035-
Profit (loss) for the period to be appropriated9905€3,368€71,695-€92,700€65,521€3,275€20,360€17,349-€5,035-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€365,845€247,812€407,226€284,121€400,239€197,925€239,047€312,135▲ 30.6%
Fixed assets21/28€23,095€22,689€36,017€21,084€20,905€78,062€67,688€160,027▲ 136%
Intangible fixed assets21-------€33,137-
Tangible fixed assets22/27€23,095€22,689€36,017€21,084€20,905€78,062€67,688€126,891▲ 87.5%
Land and buildings22---€21,084€20,905€19,440€19,440€19,440=
Plant, machinery and equipment23-----€4,938€8,127€3,609▼ 55.6%
Furniture and vehicles24-----€53,684€40,122€103,841▲ 159%
Current assets29/58€342,749€225,123€371,209€263,038€379,334€119,863€171,359€152,108▼ 11.2%
Amounts receivable within one year40/41€342,004€203,879€339,987€251,361€363,853€113,645€169,781€150,137▼ 11.6%
Trade receivables40---€112,540€193,091€112,824€11,188€146,271▲ 1,207%
Other amounts receivable41---€138,822€170,763€821€158,592€3,866▼ 97.6%
Cash at bank and in hand54/58€705€21,244€31,155€11,676€15,480€6,166€662€592▼ 10.6%
Deferred charges and accrued income490/1-----€52€916€1,379▲ 50.5%
Equity and liabilities
Total equity and liabilities10/49€365,845€247,812€407,226€284,121€400,239€197,925€239,047€312,135▲ 30.6%
Equity10/15€24,707€66,402-€26,298€39,222€42,498€62,857€80,206€75,171▼ 6.3%
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€20,630€23,906€23,906€23,906€23,906=
Non-distributable reserves130/1---€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133---€18,771€22,047€22,047€22,047€22,047=
Profit (loss) carried forward14€4,255€45,950-€46,750--€20,360€37,708€32,673▼ 13.4%
Provisions and deferred taxes16€40,000€40,000-------
Amounts payable17/49€301,138€141,411€433,524€244,899€357,741€135,068€158,841€236,964▲ 49.2%
Amounts payable after more than one year17-------€54,099-
Financial debts170/4-------€54,099-
Amounts payable within one year42/48€301,138€106,411€433,524€244,899€357,741€135,068€158,841€181,689▲ 14.4%
Current portion of amounts payable after more than one year42-------€8,901-
Trade debts44€244,377€3,106€221,060€13,171€86,015€53,715€136,395€85,458▼ 37.3%
Suppliers440/4---€13,171€86,015€53,715€136,395€85,458▼ 37.3%
Taxes, remuneration and social security45---€62,242€8,683€22,274€22,447€11,108▼ 50.5%
Taxes450/3---€57,154€2,389€9,797€11,717€3,589▼ 69.4%
Remuneration and social security454/9---€5,088€6,294€12,477€10,729€7,518▼ 29.9%
Other amounts payable47/48---€169,487€263,044€59,079€0€76,222-
Accrued charges and deferred income492/3-------€1,176-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3,368€71,695-€92,700€65,521€3,275€20,360€17,349-€5,035-
+ Depreciation and write-downs630€816€407€1,672€292€178€9,300€16,573€22,119▲ 33.5%
Operating cash flow (approximation)€4,184€72,102-€91,028€65,812€3,454€29,660€33,921€17,084▼ 49.6%
Investment in fixed assets (approximation)-€0-€15,000€14,641€0-€66,457-€6,198-€114,458▼ 1,747%
Change in cash-€20,539€9,910-€19,478€3,804-€9,315-€5,503-€70▲ 98.7%

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

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00507550
31-12-2024 abbreviated format 22-08-2025 2025-00392239
31-12-2023 micro format 20-08-2024 2024-00352296
31-12-2022 micro format 24-08-2023 2023-00431774
31-12-2021 micro format 25-08-2022 2022-20326010
31-12-2020 micro format 19-08-2021 2021-50600441
31-12-2019 micro format 17-11-2020 2020-71000491
31-12-2018 micro format 30-08-2019 2019-61400029
31-12-2017 micro format 31-07-2018 2018-42400327
31-12-2016 micro format 25-07-2017 2017-36400079

Show all 49 filings

Similar companies · same sector, comparable size

Of the 8,431 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,408. 3,842 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 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee meester Jan Convents
advocaat te 3000 Leuven, Koning Leopold I-straat 28
29-07-2014 → present

Owners and capital

Owners

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

History

On 31 May 1977, B-Construct was incorporated.1 Total assets went from €365,845 in 2018 to €312,135 in 2025 and headcount from 0.5 full-time equivalents in 2020 to 1.1 in 2025.2 The company was declared bankrupt on 29 July 2014.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2020 and 2025
  3. 3Belgian Official Gazette, 05-08-2014

Acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 31 days late
2025
22-08
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 22 days late
2024
20-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 20 days late
2023
24-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 24 days late
2022
25-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 25 days late
2021
31-12
Financial Back to profitnet €65,521
Net result €65,521 after one loss-making year.
19-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 19 days late
2020
31-12
Financial Weakest financial yearnet -€92,700
Net result drops to -€92,700, the lowest in the series.
17-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 109 days late
2019
31-12
Financial Highest result from 2018 to 2025net €71,695 ▲2,029%
Operating result €96,260, net result €71,695, both a record.
30-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
25-07
NBB filing Annual accounts filed
financial year 2016 · micro format
2014
05-08
Bankruptcy Opening
Commercial Court of Leuven · judgment of 29-07-2014
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
0 of 2 deeds read
About the unread acts

We know of 2 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)
Founded31-05-1977
Financial year end31-12
Activities, NACEBEL 2025
38330Waste collection, recovery and disposal activities
43410Roofing work
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0417441577
Also 9925:BE0417441577
Registered 30-01-2025

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

Register as of 16 October 2026 · Peppol Directory

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

Environmental permits

2 applications in Flanders since 2025 · 1 granted
Slopen of verwijderen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Granted on 11-03-2026submitted 26-12-2025authority: Bekkevoortproject 2025102194
Nieuwbouw of aanleggen; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden; Verwijderen van vrijstaande gebouwen
Discontinued on 21-01-2026submitted 26-06-2025authority: Provincie Vlaams-Brabantproject 2025075497

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 1999
registered office establishment The establishment unit on the map
Ground area
2,923 m²
Building footprint
1,344 m²
Building volume
11,628 m³
2 parcels, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Knaptandstraat 79, 9100 Sint-Niklaas
Waste collection, recovery and disposal activities
since 1999unit no. 2.013.878.762
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
24662F0093/00Y000 Flanders 2,458 m² 1 · 955 m² 10.3 m · 3
46444D0820/00V003 Flanders 465 m² 1 · 389 m² 10.5 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.