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B.M. CONSTRUCTS

Open bankruptcy
Public limited companyfounded 1989Lochtemanweg 38, 3580 Beringen, BelgiumKBO/BCE: BE 0437.432.287

A bankruptcy procedure is open for B.M. CONSTRUCTS according to publications in the Belgian State Gazette; curator: THIERRY BIELEN.

Summary

The 2019 annual accounts show equity of €9,789 and a net result of €13,689.

B.M. CONSTRUCTSOpen 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 Antwerp, Hasselt division
Declared bankrupt
6 May 2021
Supervising judge
Hilde Claes
Official Gazette
17-05-2021 (pdf) ↗search the document for 2021/118637

Deadlines

Provisional date payments stopped
6 May 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 1 June 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 June 2021art. XX.104 and XX.155 CEL
First verification report
passed on 17 June 2021Goods 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 6 May 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Thierry BielenHeuvenstraat 50, 3520 Zonhoventhierry.bielen@insolventierecht.be

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 27-05-2020, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
65 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 65 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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

On 10 May 1989, B.M. CONSTRUCTS was incorporated.1 The company has filed 31 sets of annual accounts, the latest for fiscal year 2019.2 The company was declared bankrupt on 6 May 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 17-05-2021

Go further with this company

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

Financials · fiscal year 2019, abbreviated schema

Turnover
€490,859
EBIT margin
4.0%
Net result
€13,689▼ 76.8%
2018 · €59,128
Working capital
€6,467▼ 98.1%
2018 · €346,895
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Turnover€490,859
Operating result€86,526-€19,731▼ 77.2%
Net result€59,128-€13,689▼ 76.8%
EBIT margin4.0%
Equity-€35,592-€9,789
Total assets€385,240-€156,590▼ 59.4%
Debt€420,831-€146,801▼ 65.1%
Working capital€346,895-€6,467▼ 98.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2018: €86,526€86,526Net result 2018: €59,128€59,128Operating result 2019: €19,731€19,731Net result 2019: €13,689€13,68920182019€0€25,000€50,000€75,000Operating result 2018: €86,526€86,500Net result 2018: €59,128€59,100Operating result 2019: €19,731€19,700Net result 2019: €13,689€13,70020182019
The operating result falls in 2019; 2019 is 77% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €156,590
Fixed assets €3,322 ▼ 25.0%
Current assets €153,268 ▼ 59.8%
Equity and liabilities €156,590
Equity €9,789
Debt €146,801
Debt finances 93.7% of the balance-sheet total.
Key figures and ratios
2019 value · change against 2018
EBITDA
€20,839▼
2018 · €87,633
Cash flow
€14,797▼
2018 · €60,235
Current ratio
1.04▼
2018 · 11.23
Debt to equity
15.00▲
2018 · -10.87
ROE
139.8%
ROA
8.7%▼
2018 · 15.3%
Interest coverage
9.74
Debt ≤ 1 year
€146,801▲
2018 · €33,915
Income taxes
€3,958▼
2018 · €27,355
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 · 2019 against 2018 · 44 lines
Balance sheet Code20182019
Assets
Total assets20/58€385,240€156,590▼
Fixed assets21/28€4,430€3,322▼
Tangible fixed assets22/27€4,430€3,322▼
Furniture and vehicles24-€3,322
Current assets29/58€380,810€153,268▼
Amounts receivable within one year40/41€380,782€144,444▼
Trade receivables40-€144,444
Cash at bank and in hand54/58€28€8,824▲
Equity and liabilities
Total equity and liabilities10/49€385,240€156,590▼
Equity10/15-€35,592€9,789▲
Contributions10/11€123,947€125,947▲
Capital10-€125,947
Issued capital100-€125,947
Reserves13€1,851€2,736▲
Legal reserve130-€2,736
Profit (loss) carried forward14-€161,390-€118,894▲
Amounts payable17/49€420,831€146,801▼
Amounts payable after more than one year17€386,916-
Amounts payable within one year42/48€33,915€146,801▲
Trade debts44€2,828€66,484▲
Suppliers440/4-€66,484
Advances received on contracts in progress46-€24,203
Taxes, remuneration and social security45-€55,966
Taxes450/3-€55,966
Other amounts payable47/48-€148
Income statement Code20182019
Turnover70-€490,859
Non-recurring operating income76A-€2,017
Goods, raw materials, services and sundry goods60/61-€471,975
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,107€1,108▲
Other operating charges640/8-€62
Gross operating margin9900€87,749€20,901▼
Operating profit (loss)9901€86,526€19,731▼
Financial income75/76B-€55
Recurring financial income75-€55
Financial charges65/66B-€2,139
Recurring financial charges65€43€2,139▲
Profit (loss) for the period before taxes9903€86,483€17,647▼
Income taxes67/77€27,355€3,958▼
Profit (loss) for the period9904€59,128€13,689▼
Profit (loss) for the period to be appropriated9905€59,128€13,689▼
Appropriation of the result
Profit (loss) to be appropriated9906--€118,209
Profit (loss) brought forward from the previous period14P--€131,898
Transfer to equity691/2-€685
To the legal reserve6920-€685

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019Change
Turnover70-€490,859-
Non-recurring operating income76A-€2,017-
Goods, raw materials, services and sundry goods60/61-€471,975-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,107€1,108▲ 0.1%
Other operating charges640/8-€62-
Gross operating margin9900€87,749€20,901▼ 76.2%
Operating profit (loss)9901€86,526€19,731▼ 77.2%
Financial income75/76B-€55-
Recurring financial income75-€55-
Financial charges65/66B-€2,139-
Recurring financial charges65€43€2,139▲ 4,878%
Profit (loss) for the period before taxes9903€86,483€17,647▼ 79.6%
Income taxes67/77€27,355€3,958▼ 85.5%
Profit (loss) for the period9904€59,128€13,689▼ 76.8%
Profit (loss) for the period to be appropriated9905€59,128€13,689▼ 76.8%
Line20182019Change
Assets
Total assets20/58€385,240€156,590▼ 59.4%
Fixed assets21/28€4,430€3,322▼ 25.0%
Tangible fixed assets22/27€4,430€3,322▼ 25.0%
Furniture and vehicles24-€3,322-
Current assets29/58€380,810€153,268▼ 59.8%
Amounts receivable within one year40/41€380,782€144,444▼ 62.1%
Trade receivables40-€144,444-
Cash at bank and in hand54/58€28€8,824▲ 31,848%
Equity and liabilities
Total equity and liabilities10/49€385,240€156,590▼ 59.4%
Equity10/15-€35,592€9,789▲ 128%
Contributions10/11€123,947€125,947▲ 1.6%
Capital10-€125,947-
Issued capital100-€125,947-
Reserves13€1,851€2,736▲ 47.8%
Legal reserve130-€2,736-
Profit (loss) carried forward14-€161,390-€118,894▲ 26.3%
Amounts payable17/49€420,831€146,801▼ 65.1%
Amounts payable after more than one year17€386,916--
Amounts payable within one year42/48€33,915€146,801▲ 333%
Trade debts44€2,828€66,484▲ 2,251%
Suppliers440/4-€66,484-
Advances received on contracts in progress46-€24,203-
Taxes, remuneration and social security45-€55,966-
Taxes450/3-€55,966-
Other amounts payable47/48-€148-
Line20182019Change
Profit (loss) for the period9904€59,128€13,689▼ 76.8%
+ Depreciation and write-downs630€1,107€1,108▲ 0.1%
Operating cash flow (approximation)€60,235€14,797▼ 75.4%
Investment in fixed assets (approximation)--€0-
Change in cash-€8,796-

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

2021
17-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 06-05-2021
2020
27-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 76 days late
2018
19-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 141 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
30-09
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2012
09-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 9 days late
2011
30-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 30 days late
SignalNBB filing
0 of 9 acts read
About the unread acts

We know of 9 Belgian State 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.

Directors · office · real estate

Directors
9 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
Registered office, Beringen · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
5,787 m²
Building footprint
2,434 m²
Volume, LiDAR
14,436 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BM SOLAR
Kaaistraat 27, 3580 BeringenNACE 70201
since 19982.043.590.852
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71004D0103/00G000 Flanders 4,187 m² 1 · 2,085 m² 6.1 m · 2 fl.
71004A0520/00V000 Flanders 1,600 m² 1 · 349 m² 12.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 THIERRY BIELEN
HEUVENSTRAAT 50, 3520 ZONHOVEN
06-05-2021 → present

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 5,470 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded10-05-1989
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
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 27 September 2026 · Peppol Directory

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