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BERTINI CONSTRUCTION

Open bankruptcy
Private limited company (pre-2019)founded 2019Koninginnelaan 250, 1020 Brussel, BelgiumKBO/BCE: BE 0717.891.159

A bankruptcy procedure is open for BERTINI CONSTRUCTION according to publications in the Belgian State Gazette; curator: CHARLES DUMONT DE CHASSART.

Summary

The 2022 annual accounts show equity of €40,970 and a net result of €4,713.

BERTINI CONSTRUCTIONOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
19 January 2026
Supervising judge
Thomas Cotman
Official Gazette
04-02-2026 (pdf) ↗search the document for 2026/104699

Deadlines

File the claim in RegSol until
passed on 18 February 2026art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 19 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 25 February 2026Goods 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
19 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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

Two signals.
+raises risk
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
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 January 2019, BERTINI CONSTRUCTION was incorporated.1 Total assets went from EUR 39,017 in 2019 to EUR 58,722 in 2022.2 The company was declared bankrupt on 19 January 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 04-02-2026

Go further with this company

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

Financials · fiscal year 2022, micro schema

Turnover
€181,466
EBIT margin
5.2%
Net result
€4,713▼ 20.1%
2021 · €5,897
Working capital
€34,010▼ 0.7%
2021 · €34,257
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Turnover€181,466
Operating result€5,504-€9,497▲ 72.5%€7,932▼ 16.5%€7,006▼ 11.7%
Net result€5,736-€11,358▲ 98.0%€5,897▼ 48.1%€4,713▼ 20.1%
EBIT margin5.2%
Equity€13,002-€24,360▲ 87.4%€36,257▲ 48.8%€40,970▲ 13.0%
Total assets€39,017-€58,695▲ 50.4%€88,692▲ 51.1%€58,722▼ 33.8%
Debt€26,014-€34,335▲ 32.0%€52,436▲ 52.7%€17,752▼ 66.1%
Working capital€11,936-€15,352▲ 28.6%€34,257▲ 123%€34,010▼ 0.7%
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2019: €5,504€5,504Net result 2019: €5,736€5,736Operating result 2020: €9,497€9,497Net result 2020: €11,358€11,358Operating result 2021: €7,932€7,932Net result 2021: €5,897€5,897Operating result 2022: €7,006€7,006Net result 2022: €4,713€4,7132019202020212022€0€5,000€10,000Operating result 2020: €9,497€9,500Net result 2020: €11,358€11,400Operating result 2021: €7,932€7,930Net result 2021: €5,897€5,900Operating result 2022: €7,006€7,010Net result 2022: €4,713€4,710202020212022
The operating result has fallen two years in a row; 2022 is 12% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €58,722
Fixed assets €6,960 ▲ 248%
Current assets €51,762 ▼ 40.3%
Equity and liabilities €58,722
Equity €40,970 ▲ 13.0%
Debt €17,752 ▼ 66.1%
Debt's share of the balance-sheet total falls from 59.1% to 30.2%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€8,746▼
2021 · €8,932
Cash flow
€6,453▼
2021 · €6,897
Current ratio
2.92▲
2021 · 1.65
Debt to equity
0.43▼
2021 · 1.45
ROE
11.5%▼
2021 · 16.3%
ROA
8.0%▲
2021 · 6.6%
Interest coverage
31.99▼
2021 · 47.90
Debt ≤ 1 year
€17,752▼
2021 · €52,436
Income taxes
€2,020▲
2021 · €1,848
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 · 2022 against 2021 · 42 lines
Balance sheet Code20212022
Assets
Total assets20/58€88,692€58,722▼
Fixed assets21/28€2,000€6,960▲
Tangible fixed assets22/27€2,000€6,960▲
Furniture and vehicles24€2,000€6,960▲
Current assets29/58€86,692€51,762▼
Amounts receivable within one year40/41€32,987€44,503▲
Trade receivables40€24,749€42,517▲
Other amounts receivable41€8,239€1,987▼
Cash at bank and in hand54/58€53,705€7,259▼
Equity and liabilities
Total equity and liabilities10/49€88,692€58,722▼
Equity10/15€36,257€40,970▲
Contributions10/11€12,200€12,200=
Capital10€12,200-
Issued capital100€18,600-
Uncalled capital101€6,400-
Outside capital11-€12,200
Other1109/19-€12,200
Reserves13€340€340=
Non-distributable reserves130/1€340€340=
Legal reserve130€340-
Reserves not available under the articles1311-€340
Profit (loss) carried forward14€23,717€28,430▲
Amounts payable17/49€52,436€17,752▼
Amounts payable within one year42/48€52,436€17,752▼
Trade debts44€18,087€6,617▼
Suppliers440/4€18,087€6,617▼
Taxes, remuneration and social security45-€2,020
Taxes450/3-€2,020
Other amounts payable47/48€34,348€9,116▼
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,000€1,740▲
Other operating charges640/8€2,169€1,807▼
Non-recurring operating charges66A€2,033€0▼
Gross operating margin9900€13,134€10,553▼
Operating profit (loss)9901€7,932€7,006▼
Financial charges65/66B€186€273▲
Recurring financial charges65€186€273▲
Profit (loss) for the period before taxes9903€7,745€6,733▼
Income taxes67/77€1,848€2,020▲
Profit (loss) for the period9904€5,897€4,713▼
Profit (loss) for the period to be appropriated9905€5,897€4,713▼
Appropriation of the result
Profit (loss) to be appropriated9906€23,717€28,430▲
Profit (loss) brought forward from the previous period14P€17,820€23,717▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Turnover70-€181,466---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€533€2,521€1,000€1,740▲ 74.0%
Other operating charges640/8--€2,169€1,807▼ 16.7%
Non-recurring operating charges66A--€2,033€0▼ 100%
Gross operating margin9900€6,037€12,734€13,134€10,553▼ 19.6%
Operating profit (loss)9901€5,504€9,497€7,932€7,006▼ 11.7%
Recurring financial income75€2,033----
Financial charges65/66B--€186€273▲ 46.6%
Recurring financial charges65€3€10€186€273▲ 46.6%
Profit (loss) for the period before taxes9903€7,535€9,559€7,745€6,733▼ 13.1%
Income taxes67/77€1,799-€1,799€1,848€2,020▲ 9.3%
Profit (loss) for the period9904€5,736€11,358€5,897€4,713▼ 20.1%
Profit (loss) for the period to be appropriated9905€5,736€11,358€5,897€4,713▼ 20.1%
Line2019202020212022Change
Assets
Total assets20/58€39,017€58,695€88,692€58,722▼ 33.8%
Fixed assets21/28€1,067€9,009€2,000€6,960▲ 248%
Tangible fixed assets22/27€1,067€9,009€2,000€6,960▲ 248%
Furniture and vehicles24--€2,000€6,960▲ 248%
Current assets29/58€37,950€49,687€86,692€51,762▼ 40.3%
Amounts receivable within one year40/41€37,950€33,601€32,987€44,503▲ 34.9%
Trade receivables40--€24,749€42,517▲ 71.8%
Other amounts receivable41--€8,239€1,987▼ 75.9%
Cash at bank and in hand54/58€0€16,086€53,705€7,259▼ 86.5%
Equity and liabilities
Total equity and liabilities10/49€39,017€58,695€88,692€58,722▼ 33.8%
Equity10/15€13,002€24,360€36,257€40,970▲ 13.0%
Contributions10/11€6,200-€12,200€12,200=
Capital10--€12,200--
Issued capital100--€18,600--
Uncalled capital101--€6,400--
Outside capital11---€12,200-
Other1109/19---€12,200-
Reserves13€340€340€340€340=
Non-distributable reserves130/1--€340€340=
Legal reserve130--€340--
Reserves not available under the articles1311---€340-
Profit (loss) carried forward14€6,462€17,820€23,717€28,430▲ 19.9%
Amounts payable17/49€26,014€34,335€52,436€17,752▼ 66.1%
Amounts payable within one year42/48€26,014€34,335€52,436€17,752▼ 66.1%
Trade debts44€24,208-€18,087€6,617▼ 63.4%
Suppliers440/4--€18,087€6,617▼ 63.4%
Taxes, remuneration and social security45---€2,020-
Taxes450/3---€2,020-
Other amounts payable47/48--€34,348€9,116▼ 73.5%
Line2019202020212022Change
Profit (loss) for the period9904€5,736€11,358€5,897€4,713▼ 20.1%
+ Depreciation and write-downs630€533€2,521€1,000€1,740▲ 74.0%
Operating cash flow (approximation)€6,269€13,879€6,897€6,453▼ 6.4%
Investment in fixed assets (approximation)--€10,463€6,009-€6,700▼ 212%
Change in cash-€16,086€37,620-€46,447▼ 223%

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

Timeline · acts, filings and financial milestones

2026
04-02
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 19-01-2026
2023
29-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial Weakest financial yearnet €4,713 ▼20.1%
Net result drops to €4,713, the lowest in the series.
14-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 75 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial Highest result since 2019net €11,358 ▲98%
Operating result €9,497, net result €11,358, both a record.
16-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Brussel · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
536 m²
Building footprint
533 m²
Volume, LiDAR
5,738 m³
2 parcels, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
BERTINI CONSTRUCTION
Voldersstraat 66, 1000 BrusselManufacture of metal structures and parts of structures
since 20192.289.896.618
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0234/00C002 Brussels 330 m² 1 · 330 m² 19.3 m · 2 fl.
21810L2210/00Y007 Brussels 206 m² 1 · 203 m² 19.0 m · 5 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 CHARLES DUMONT DE CHASSART
RUE AUX LAINES 67-70, 1000 BRUXELLES-
19-01-2026 → present

Recognitions · licences · registrations

Legal Entity Identifier

984500D65R046D436509
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2019
Fiscal year end31-12
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 30 September 2026 · Peppol Directory

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