BAS CONTRACTING
Open bankruptcyA bankruptcy procedure is open for BAS CONTRACTING according to publications in the Belgian State Gazette; curator: VEERLE VERHAEGEN.
Summary
The 2021 annual accounts show equity of €209,871 and a net result of -€70,653.
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, Turnhout division
- Declared bankrupt
- 2 April 2024
- Supervising judge
- Dirk Schellens
- Official Gazette
- 09-04-2024 (pdf) ↗search the document for 2024/114651
Deadlines
- Provisional date payments stopped
- 2 April 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 24 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 2 May 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 14 May 2024Goods 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 2 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Veerle VerhaegenSteenweg Op Zevendonk 60, 2300 Turnhoutinsolventie@aglos.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Installation of electric heating, air conditioning, cooling and ventilation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, abbreviated schema
Turnover
€8.0m
EBIT margin
3.2%
Net result
-€70,653▼ 975%
2020 · -€6,574
Working capital
€114,849▲ 353%
2020 · €25,341
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Turnover€8.0m-
Operating result€260,919-€41,069▼ 84.3%-€52,117
Net result€160,286--€6,574below the sector's middle half-€70,653below the sector's middle half▼ 975%
EBIT margin3.2%-
Equity€287,098-€280,524within the sector's middle half▼ 2.3%€209,871within the sector's middle half▼ 25.2%
Total assets€3.4m-€1.8mabove the sector's middle half▼ 47.9%€1.5mwithin the sector's middle half▼ 13.6%
Debt€3.1m-€1.5m▼ 52.1%€1.3m▼ 11.4%
Working capital€154,098-€25,341below the sector's middle half▼ 83.6%€114,849within the sector's middle half▲ 353%
Solvency8.4%-15.8%below the sector's middle half▲ 7.4pp13.7%below the sector's middle half▼ 2.1pp
Current ratio1.05-1.02below the sector's middle half▼ 0.031.09below the sector's middle half▲ 0.07
Return on assets (ROA)4.7%--0.4%below the sector's middle half▼ 5.1pp-4.6%below the sector's middle half▼ 4.2pp
Staff (FTE)27.1-28.1above the sector's middle half▲ 3.7%13.4above the sector's middle half▼ 52.3%
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €52,117 after €41,069 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.5m
Fixed assets
€114,084 ▼ 61.2%
Current assets
€1.4m ▼ 4.2%
Equity and liabilities €1.5m
Equity
€209,871 ▼ 25.2%
Debt
€1.3m ▼ 11.4%
Debt's share of the balance-sheet total rises from 84.2% to 86.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€31,107▼
2020 · €106,114
Cash flow
-€49,643▼
2020 · €58,470
Quick ratio
1.08▲
2020 · 1.01
Debt to equity
6.32▲
2020 · 0.09
ROE
-33.7%▼
2020 · -2.3%
Interest coverage
-1.13
Debt ≤ 1 year
€1.3m▼
2020 · €1.5m
Debt > 1 year
€3,722▼
2020 · €24,070
Staff costs
€225,431
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | €8.0m | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €5.5m | - | - | - |
| Remuneration, social security and pensions62 | €2.2m | - | €225,431 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137,482 | €65,045 | €21,010 | ▼ 67.7% |
| Other operating charges640/8 | €10,324 | - | €9,204 | - |
| Non-recurring operating charges66A | €14,270 | - | €54,690 | - |
| Gross operating margin9900 | €2.6m | €1.5m | €258,218 | ▼ 82.9% |
| Operating profit (loss)9901 | €260,919 | €41,069 | -€52,117 | ▼ 227% |
| Financial income75/76B | €21,629 | - | €9,384 | - |
| Recurring financial income75 | €20,882 | €2 | €9,384 | ▲ 386,059% |
| Non-recurring financial income76B | €747 | - | €9,384 | - |
| Financial charges65/66B | €61,021 | - | €27,920 | - |
| Recurring financial charges65 | €57,439 | €49,334 | €27,604 | ▼ 44.0% |
| Non-recurring financial charges66B | €3,582 | - | €316 | - |
| Profit (loss) for the period before taxes9903 | €221,527 | -€4,904 | -€70,653 | ▼ 1,341% |
| Income taxes67/77 | €61,241 | €1,670 | - | - |
| Profit (loss) for the period9904 | €160,286 | -€6,574 | -€70,653 | ▼ 975% |
| Profit (loss) for the period to be appropriated9905 | €160,286 | -€6,574 | -€70,653 | ▼ 975% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3.4m | €1.8m | €1.5m | ▼ 13.6% |
| Fixed assets21/28 | €191,654 | €294,217 | €114,084 | ▼ 61.2% |
| Intangible fixed assets21 | €2,638 | €1,583 | €1,080 | ▼ 31.8% |
| Tangible fixed assets22/27 | €153,286 | €101,746 | €27,101 | ▼ 73.4% |
| Land and buildings22 | €45,704 | - | €19,388 | - |
| Plant, machinery and equipment23 | €5,177 | - | - | - |
| Furniture and vehicles24 | €102,405 | - | €7,713 | - |
| Financial fixed assets28 | €35,730 | €190,888 | €85,904 | ▼ 55.0% |
| Current assets29/58 | €3.2m | €1.5m | €1.4m | ▼ 4.2% |
| Amounts receivable after more than one year29 | €447,588 | - | - | - |
| Other amounts receivable291 | €447,588 | - | - | - |
| Stocks and contracts in progress3 | €15,340 | €11,004 | €9,142 | ▼ 16.9% |
| Stocks30/36 | €15,340 | - | €9,142 | - |
| Amounts receivable within one year40/41 | €2.6m | €1.2m | €1.2m | ▼ 0.2% |
| Trade receivables40 | €1.1m | - | €575,724 | - |
| Other amounts receivable41 | €1.5m | - | €655,751 | - |
| Current investments50/53 | €675 | €675 | €675 | = |
| Cash at bank and in hand54/58 | €78,716 | €73,786 | €57,818 | ▼ 21.6% |
| Deferred charges and accrued income490/1 | €44,793 | - | €122,611 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3.4m | €1.8m | €1.5m | ▼ 13.6% |
| Equity10/15 | €287,098 | €280,524 | €209,871 | ▼ 25.2% |
| Contributions10/11 | €109,814 | €109,814 | €109,814 | = |
| Capital10 | €109,814 | - | €109,814 | - |
| Issued capital100 | €109,814 | - | €109,814 | - |
| Reserves13 | €12,849 | €12,850 | €12,850 | = |
| Non-distributable reserves130/1 | - | - | €12,850 | - |
| Legal reserve130 | €12,849 | - | €12,850 | - |
| Profit (loss) carried forward14 | €164,435 | €157,860 | €87,207 | ▼ 44.8% |
| Amounts payable17/49 | €3.1m | €1.5m | €1.3m | ▼ 11.4% |
| Amounts payable after more than one year17 | €58,654 | €24,070 | €3,722 | ▼ 84.5% |
| Financial debts170/4 | €58,654 | - | €3,722 | - |
| Amounts payable within one year42/48 | €3.1m | €1.5m | €1.3m | ▼ 10.4% |
| Current portion of amounts payable after more than one year42 | €23,487 | - | €20,348 | - |
| Financial debts43 | €865,107 | - | €625,000 | - |
| Credit institutions430/8 | €865,107 | - | €625,000 | - |
| Trade debts44 | €1.3m | €294,095 | €309,010 | ▲ 5.1% |
| Suppliers440/4 | €1.3m | - | €309,010 | - |
| Taxes, remuneration and social security45 | €222,810 | - | €98,192 | - |
| Taxes450/3 | €13,287 | - | €3,052 | - |
| Remuneration and social security454/9 | €209,523 | - | €95,140 | - |
| Other amounts payable47/48 | €686,190 | - | €254,322 | - |
| Accrued charges and deferred income492/3 | - | - | €15,341 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €160,286 | -€6,574 | -€70,653 | ▼ 975% |
| + Depreciation and write-downs630 | €137,482 | €65,045 | €21,010 | ▼ 67.7% |
| Operating cash flow (approximation) | €297,768 | €58,470 | -€49,643 | ▼ 185% |
| Investment in fixed assets (approximation) | - | -€167,607 | €159,122 | ▲ 195% |
| Change in cash | - | -€4,930 | -€15,969 | ▼ 224% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
09-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-04-2024
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 109 days late
2021
31-12
Financial
Weakest financial yearnet -€70,653
Net result drops to -€70,653, the lowest in the series.
25-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 147 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
26-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 57 days late
2012
28-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 59 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Herentals · 1 establishment unit since 2001
Ground area
8,276 m²
Building footprint
1,818 m²
Volume, LiDAR
9,877 m³
Parcel 13027A0023/02E000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Welvaartstraat (HRT) 10, 2200 Herentals
since 20012.098.067.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0023/02E000 | Flanders | 8,276 m² | 1 · 1,818 m² | 7.1 m · 2 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 | VEERLE VERHAEGEN STEENWEG OP ZEVENDONK 60,
2300 TURNHOUT |
02-04-2024 → present |
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Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,791 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
Founded31-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473967833
Registered
03-08-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.