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B FLY CONSTRUCT

Bankruptcy closed Private limited company (pre-2019)founded 2005KBO/BCE: BE 0872.247.160

Overview

Lifetime

15 annual accounts with figures on one time axis
peak €152,468 (2018)
€52,566▼ 26.4%
lowest -€373,334 (2016)
€37,153▼ 27.3%
peak €77,085 (2015)
-€64,854▲ €37,153
€155,146▼ 18.1%
peak 6.6 FTE (2006)
-not published
Documentsfilings and deeds
06-12-2021128 days late
2020financial year
Gross margin from €71,449 to €52,566Result from €51,126 to €37,153Equity from -€102,007 to -€64,854Debts from €189,407 to €155,146Cash from €60 to €25

Key points

from the 2020 annual accounts, the last ones filed

Equity

-€64,854 from €77,085 in 2015

Equity fell below zero in 2016.

Debts

€155,146 172% of the balance sheet

Filings

15 annual accounts since 2006
AprilJune31 JulyOctober201020152020

Eight of the last ten came late. The 2018 accounts came latest: 413 days after the end of the period.

No score

Recent changes

Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 16-04-2024 · Bankruptcy
Supervising judge replaced French-language Enterprise Court of Brussels · judgment of 25-09-2023 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 11-08-2022 · Bankruptcy
All 25 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 11-08-2022
Legal form
Private limited company (pre-2019)
Activity
Other specialised construction activitiesNACE 43990and 1 other
Establishment unit
2.147.290.483since 03-03-2005
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

€52,566▼ 26.4%
≈ €280,000estimated
€37,153▼ 27.3%
-€64,854▲ 36.4%
€90,292▲ 3.3%
Filing
Filed on 06-12-2021
Financials

Insights on B FLY CONSTRUCT

Equity fell from €77,085 in 2015 to -€64,854 in 2020, while debts rose from €123,853 to €155,146.

On 11 August 2022 the court declared B FLY CONSTRUCT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

full format, filed on 06-12-2021, 128 days late
€52,566
▼ 26.4%
€43,133
▼ 23.2%
€49,439
▼ 23.6%
€43,458
▼ 27.2%
-71.8%
▲ 44.9 percentage points
0.52
▲ 0.13

The turnover shown is an estimate from the gross margin.

Turnover ≈ €280,000. Estimated: probably between €190,000 and €520,000.

Money flows

no detail for 2020

Balance sheet

balance sheet total €90,292 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-71.8%

Lower than 95% of 3,667 companies in 2020.

0.52

Lower than 95% of 3,632 companies in 2020.

41.1%

Higher than 95% of 3,653 companies in 2020.

B FLY CONSTRUCT Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 90,29287,40077,25481,59963,692200,939148,54879,24658,9973,3842,25336,6413,72945,05142,776
21/28 9,67413,98014,28820,55528,87837,19932,9311,8391,6081,9292,2512,7263,66334,63837,864
21 -------------13,89016,112
22/27 9,67413,98014,28820,55528,87837,19932,9311,8391,6081,9292,2512,7263,66318,37221,752
22 7,8009,75011,70013,65015,92218,19318,9651,2861,6081,9292,2512,5722,8942,813-
24 1,8744,2302,5886,90512,95619,00613,966553---15476913,11618,223
26 -------------2,4433,529
28 -------------2,376-
29/58 80,61873,42062,96661,04334,814163,739115,61777,40657,3901,455233,9156610,4134,912
3 -------------8,5624,912
30/36 -------------8,5624,912
40/41 80,59371,70340,75959,32034,814163,739115,42370,82157,3901,455233,915661,851-
40 74,33946,54639,52851,39621,358154,01299,47665,43457,0491,453-33,880-927-
41 6,25425,1571,2317,92413,4579,72815,9475,388341223566924-
54/58 256020,244100--1936,585-------
490/1 -1,6581,9631,623-----------
Balance sheet: equity and liabilities
10/49 90,29287,40077,25481,59963,692200,939148,54879,24658,9973,3842,25336,6413,72945,05142,776
10/15 -64,854-102,007-153,133-283,100-261,24977,08570,16353,009-11,327-66,120-68,739-69,065-85,747-45,903-28,930
10/11 73,60073,60073,60073,60073,60038,60038,60038,60018,60018,60018,60018,60018,60018,60018,600
100 -73,60073,60073,60073,60038,60038,60038,60018,60018,60018,60018,60018,60018,60018,600
11 73,600--------------
1100/10 73,600--------------
13 3,8603,8603,8603,8603,8603,8603,8603,860-------
130/1 3,860--------------
130 -3,8603,8603,8603,8603,8603,8603,860-------
1311 3,860--------------
14 -142,314-179,467-230,593-360,560-338,70934,62527,70310,549-29,927-84,720-87,339-87,665-104,347-64,503-47,530
16 ---34,23834,238----------
160/5 ---34,23834,238----------
163 ---34,23834,238----------
17/49 155,146189,407230,387330,461290,703123,85378,38526,23770,32469,50470,992105,70689,47690,95471,705
17 --13,50017,79732,58620,5285,380-----2,5092,5096,659
170/4 --13,50017,79732,58620,5285,380-----2,5092,5096,659
42/48 155,146189,407216,886311,796258,117103,32573,00426,23770,32469,50470,992105,70686,96788,44565,047
42 60816,77335,92115,41314,1508,1011,620-----2,0984,1503,965
43 4,9722,018-54,6945,5884,8673,890-5,2734,8354,2075,2225,0563744,752
430/8 4,9722,018-54,6945,5884,8673,890-5,2734,8354,2075,2225,0563744,752
44 109,687129,526140,476233,234227,40083,34260,14717,6291,3031,8142,27319,80325,80151,45829,284
440/4 109,687129,526140,476233,234227,40083,34260,14717,6291,3031,8142,27319,80325,80151,45829,284
45 18,64023,67822,5416,73310,979--3,6599,5274,0922,82014,1856,1948,1968,383
450/3 18,64023,67818,3702,04110,979--3,6599,5274,0922,82010,5105,5734,9365,642
454/9 --4,1714,692-------3,6756213,2612,741
47/48 21,23917,41117,9491,723-7,0167,3494,95054,22258,76461,69366,49647,81824,26818,662
492/3 ---868-----------
Income statement
70 --------58,265------
76A --103,672------------
9900 52,56671,449152,4687,066-265,73737,28128,00150,62757,2815,4194,63629,299-14,4187,846-1,732
60/61 -------110,610984------
62 --1025,017---2,142--1,8776,6458,82213,43226,891
630 6,3068,5466,2676,5898,3228,4322,3094693223224759379378,72714,725
635/8 --180-34,238----------
640/8 3,1266,7277,9681,9766,2971,7891,8281,4448201,1051,1516494336112,319
66A ----24,305------52813,705--
9901 43,13356,176137,950-6,516-338,89827,06123,86546,57356,1403,9921,13321,069-24,611-14,924-45,667
75/76B 41-16054730-----11117
75 41-16054730-----11117
65/66B 5,5235,0506,86215,33616,3423,1691,9381,6681,3471,3738083,8591,5292,0501,980
65 5,5235,0506,86215,33616,3423,1691,9381,6681,3471,3738083,8591,5292,0501,980
9903 37,65151,126131,105-21,851-355,18623,96521,92744,90554,7932,61932516,682-39,843-16,973-47,530
67/77 499-1,137-18,14817,0434,773569----0--
9904 37,15351,126129,967-21,851-373,3346,92217,15444,33654,7932,61932516,682-39,844-16,973-47,530
9905 37,15351,126129,967-21,851-373,3346,92217,15444,33654,7932,61932516,682-39,844-16,973-47,530
Appropriation of the result
9906 -142,314-179,467-230,593-360,560-338,70934,62527,70314,409-29,927-84,720-87,339-87,665-104,347-64,503-47,530
691/2 -------3,860-------
6920 -------3,860-------
Social balance sheet
9087 ---0.2--------0.60.76.6
Hours worked1013 ---167--------6006401,782
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 06-12-2021.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 128 days after the deadline. Filed on 6 December 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-79500283.

Financial year Type Filed Reference Document
31-12-2020 full format 06-12-2021 2021-79500283 PDF
31-12-2019 full format 18-11-2020 2020-70900383 PDF
31-12-2018 full format 16-09-2020 2020-53600175 PDF
31-12-2017 full format 28-09-2018 2018-66700158 PDF
31-12-2016 full format 01-12-2017 2017-71000473 PDF
31-12-2015 full format 16-11-2016 2016-67900472 PDF
31-12-2014 full format 31-08-2015 2015-54000024 PDF
31-12-2013 full format 26-06-2014 2014-22400025 PDF
31-12-2012 full format 03-07-2013 2013-26200413 PDF
31-12-2011 full format 29-10-2012 2012-62600437 PDF
31-12-2010 full format 02-03-2012 2012-05500253 PDF
31-12-2009 full format 09-03-2011 2011-05500594 PDF
31-12-2008 full format 23-11-2009 2009-85900389 PDF
31-12-2007 full format 29-09-2008 2008-76000066 PDF
31-12-2006 full format 31-12-2007 2007-85500281 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015201420132012201120102009200820072006
49,43964,722144,21873-330,57635,49326,17347,04256,4624,3141,60822,006-23,674-6,197-30,942
43,45859,672136,234-15,263-365,01215,35419,46344,80455,1152,94180117,619-38,907-8,247-32,805
2,0008,2370-1,734012,70033,40070000003,2165,50152,589
-35-20,18420,144----6,392--------
-74,528-115,987-153,920-250,753-223,30260,41442,61251,169-12,935-68,049-70,990-71,791-86,901-78,032-60,135
--------96.4%------
-71.8%-116.7%-198.2%-346.9%-410.2%38.4%47.2%66.9%-19.2%---188.5%--101.9%-67.6%
0.520.390.290.200.131.581.582.950.82--0.32-0.120.08
0.520.390.290.200.131.581.582.950.82--0.32-0.020.00
-----1.611.120.49-------
-----9.0%24.4%83.6%-------
41.1%58.5%168.2%-26.8%-586.2%3.4%11.5%55.9%92.9%--45.5%--37.7%-111.1%
--------357 days------
-------58 days483 days------

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on B FLY CONSTRUCT

The operating result for 2020 is 23% lower than in 2019 and the lowest since 2017. It is the second fall in a row.

Equity is negative. Debt (€155,146) exceeds the balance-sheet total (€90,292).

Board & ownership

Curator

1 mandate
Curator, Avenue Louise 54, 1050 Bruxelles 5
from 11-08-2022 to 16-04-2024
Also on 184 other cases

Control

Capital

Capital
€73,600
Source
2019 annual accounts

Office holders in the KBO →

Network & group

No group

B FLY CONSTRUCT has no parent and no holdings in its annual accounts.

At the same address

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establishment since 01-05-2022 · founded in 2006 · negative equity (2025)
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and 50 more

Timeline

Timeline

25 events since 2005
2024
Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 16-04-2024
Supervising judge replaced French-language Enterprise Court of Brussels · judgment of 25-09-2023
2022
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 11-08-2022
2021
Annual accounts 2020 filed PDFfull format · 128 days late
2020
Annual accounts 2019 filed PDFfull format · 110 days late
Annual accounts 2018 filed PDFfull format · 413 days late
2018
Back to profit net €129,967 The net result is €129,967, after 2 loss-making years.
Annual accounts 2017 filed PDFfull format · 59 days late
2017
Annual accounts 2016 filed PDFfull format · 123 days late
2016
Weakest financial year net -€373,334 The net result drops to -€373,334, the lowest from 2006 to 2020.
Annual accounts 2015 filed PDFfull format · 108 days late
2015
Annual accounts 2014 filed PDFfull format · 31 days late
2014
Annual accounts 2013 filed PDFfull format · 35 days before the deadline
2013
Liquidity more than triples current ratio 2.95 The current ratio rises from 0.82 to 2.95. Short-term debt falls from €70,324 to €26,237.
Annual accounts 2012 filed PDFfull format · 28 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 90 days late
Annual accounts 2010 filed PDFfull format · 215 days late
2011
Annual accounts 2009 filed PDFfull format · 221 days late
2009
Back to profit net €16,682 The net result is €16,682, after 3 loss-making years.
Annual accounts 2008 filed PDFfull format · 115 days late
2008
Annual accounts 2007 filed PDFfull format · 60 days late
2007
Annual accounts 2006 filed PDFfull format · 153 days late
2005
Incorporation PDF9 publications in the Belgian Official Gazette, the last on 24-07-2017 · published on 15-03-2005
First establishment AB Construct

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

B FLY CONSTRUCT was incorporated on 3 March 2005.1 Total assets rose from €77,254 in 2018 to €90,292 in 2020.2 The bankruptcy of the company was declared on 11 August 2022 and closed on 16 April 2024.34

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian Official Gazette, 19-08-2022
  4. 4Belgian Official Gazette, 25-04-2024

Company details

Identity

Enterprise number
0872.247.160
VAT number
BE 0872.247.160
Legal form
Private limited company (pre-2019)
Status
Bankruptcy closed
Founded
03-03-2005
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
B FLY CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
43995 Specialised construction activities main activity
56102 Limited-service restaurants
Codes under NACEBEL 2003
55302 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
AB Construct 03-03-2005 2.147.290.483

Buildings and parcels at the address

Ground area
1,004 m²
Buildings
1,003 m²
Volume, LiDAR
17,294 m³
Tallest building
23.8 m
Buildings to scale, each on its own parcel
1,003 m², 23.8 m 1,003 m², 23.8 m

Location

registered office establishment The establishment unit on the map
60 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21009A0364/00W0001,004 m² 1 · 1,003 m² 23.8 m · 7

Contact

Phone +32 2 351 60 60