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Beyond Construction

Open bankruptcy
Private limited company (pre-2019)founded 2015Leopold II Laan(Odk) 280, 8670 Koksijde, BelgiumKBO/BCE: BE 0607.835.553

A bankruptcy procedure is open for Beyond Construction according to publications in the Belgian State Gazette; curator: LUTGART GODDERIS.

Summary

The 2021 annual accounts show negative equity (-€1.5m) and a net result of -€340,180.

Beyond 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
Enterprise Court of Ghent, Veurne division
Declared bankrupt
16 November 2022
Supervising judge
Philip Vandaele
Official Gazette
22-11-2022 (pdf) ↗search the document for 2022/142734

Deadlines

Provisional date payments stopped
16 November 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 7 December 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 16 December 2022art. XX.104 and XX.155 CEL
First verification report
passed on 2 January 2023Goods 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 16 November 2023Late, 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 19 March 2015, Beyond Construction was incorporated.1 Total assets went from EUR 1.4 million in 2018 to EUR 709,844 in 2021.2 The company was declared bankrupt on 16 November 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 22-11-2022

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€1.5m▼ 28.3%
2020 · -€1.2m
Total assets
€709,844▼ 20.3%
2020 · €890,257
Net result
-€340,180▲ 73.1%
2020 · -€1.3m
Working capital
-€1.5m▼ 27.4%
2020 · -€1.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line2018201920202021
Operating result€123,824-€121,297▼ 2.0%-€1.2m-€287,755▲ 75.8%
Net result€85,284-€54,640▼ 35.9%-€1.3mbelow the sector's middle half-€340,180below the sector's middle half▲ 73.1%
Equity€57,836-€62,476▲ 8.0%-€1.2mbelow the sector's middle half-€1.5mbelow the sector's middle half▼ 28.3%
Total assets€1.4m-€1.6m▲ 16.1%€890,257within the sector's middle half▼ 43.7%€709,844within the sector's middle half▼ 20.3%
Debt€1.3m-€1.5m▲ 16.5%€2.1m▲ 37.9%€2.3m▲ 7.6%
Working capital€31,513-€44,927▲ 42.6%-€1.2mbelow the sector's middle half-€1.5mbelow the sector's middle half▼ 27.4%
Solvency4.3%-4.0%▼ 0.3pp-135.0%below the sector's middle half▼ 138.9pp-217.2%below the sector's middle half▼ 82.2pp
Current ratio1.02-1.03▲ 0.010.42below the sector's middle half▼ 0.610.32below the sector's middle half▼ 0.11
Return on assets (ROA)6.3%-3.5%▼ 2.8pp-142.0%below the sector's middle half▼ 145.5pp-47.9%below the sector's middle half▲ 94.1pp
above within below the middle half (P25 to P75) of NACE 68, Real estate 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
-€1.5m-€1.0m-€500,000€0Operating result 2018: €123,824€123,824Net result 2018: €85,284€85,284Operating result 2019: €121,297€121,297Net result 2019: €54,640€54,640Operating result 2020: -€1.2m-€1.2mNet result 2020: -€1.3m-€1.3mOperating result 2021: -€287,755-€287,755Net result 2021: -€340,180-€340,1802018201920202021-€1.5m-€1m-€500,000€0Operating result 2019: €121,297€121,000Net result 2019: €54,640€54,600Operating result 2020: -€1.2m-€1.2mNet result 2020: -€1.3m-€1.3mOperating result 2021: -€287,755-€288,000Net result 2021: -€340,180-€340,000201920202021
The operating result stays negative: a loss of €287,755 in 2021 against €1.2m in 2020; the loss shrinks.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€278,981▲
2020 · -€1.2m
Cash flow
-€331,406▲
2020 · -€1.3m
Quick ratio
0.11▲
2020 · 0.10
Debt to equity
-1.46
Interest coverage
-5.32
Debt ≤ 1 year
€2.3m▲
2020 · €2.1m
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 · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€890,257€709,844▼
Fixed assets21/28€8,774-
Tangible fixed assets22/27€8,774-
Current assets29/58€881,483€709,844▼
Stocks and contracts in progress3€679,261€456,568▼
Stocks30/36-€456,568
Amounts receivable within one year40/41€159,664€225,733▲
Trade receivables40-€221,165
Other amounts receivable41-€4,568
Cash at bank and in hand54/58€41,633€27,543▼
Equity and liabilities
Total equity and liabilities10/49€890,257€709,844▼
Equity10/15-€1.2m-€1.5m▼
Contributions10/11-€50,000
Reserves13€12,476€12,476=
Non-distributable reserves130/1-€5,000
Reserves not available under the articles1311-€5,000
Distributable reserves133-€7,476
Profit (loss) carried forward14-€1.3m-€1.6m▼
Amounts payable17/49€2.1m€2.3m▲
Amounts payable within one year42/48€2.1m€2.3m▲
Financial debts43-€550,096
Credit institutions430/8-€550,096
Trade debts44€107,312€144,622▲
Suppliers440/4-€144,622
Taxes, remuneration and social security45-€159,363
Taxes450/3-€159,363
Other amounts payable47/48-€1.4m
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,774€8,774=
Other operating charges640/8-€15,275
Gross operating margin9900-€1.2m-€263,706▲
Operating profit (loss)9901-€1.2m-€287,755▲
Financial income75/76B-€26
Recurring financial income75€7,811€26▼
Financial charges65/66B-€52,452
Recurring financial charges65€85,060€52,452▼
Profit (loss) for the period before taxes9903-€1.3m-€340,180▲
Profit (loss) for the period9904-€1.3m-€340,180▲
Profit (loss) for the period to be appropriated9905-€1.3m-€340,180▲
Appropriation of the result
Profit (loss) to be appropriated9906--€1.6m
Profit (loss) brought forward from the previous period14P--€1.3m

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

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,774€8,774€8,774€8,774=
Other operating charges640/8---€15,275-
Gross operating margin9900€132,703€130,324-€1.2m-€263,706▲ 77.6%
Operating profit (loss)9901€123,824€121,297-€1.2m-€287,755▲ 75.8%
Financial income75/76B---€26-
Recurring financial income75€5,161€19,752€7,811€26▼ 99.7%
Financial charges65/66B---€52,452-
Recurring financial charges65€39,949€84,997€85,060€52,452▼ 38.3%
Profit (loss) for the period before taxes9903€89,036€56,052-€1.3m-€340,180▲ 73.1%
Income taxes67/77€3,752€1,413---
Profit (loss) for the period9904€85,284€54,640-€1.3m-€340,180▲ 73.1%
Profit (loss) for the period to be appropriated9905€85,284€54,640-€1.3m-€340,180▲ 73.1%
Line2018201920202021Change
Assets
Total assets20/58€1.4m€1.6m€890,257€709,844▼ 20.3%
Fixed assets21/28€26,322€17,548€8,774--
Tangible fixed assets22/27€26,322€17,548€8,774--
Current assets29/58€1.3m€1.6m€881,483€709,844▼ 19.5%
Stocks and contracts in progress3€645,264€726,431€679,261€456,568▼ 32.8%
Stocks30/36---€456,568-
Amounts receivable within one year40/41€128,615€147,166€159,664€225,733▲ 41.4%
Trade receivables40---€221,165-
Other amounts receivable41---€4,568-
Cash at bank and in hand54/58€555,207€685,862€41,633€27,543▼ 33.8%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.6m€890,257€709,844▼ 20.3%
Equity10/15€57,836€62,476-€1.2m-€1.5m▼ 28.3%
Contributions10/11€50,000€50,000-€50,000-
Reserves13€7,836€12,476€12,476€12,476=
Non-distributable reserves130/1---€5,000-
Reserves not available under the articles1311---€5,000-
Distributable reserves133---€7,476-
Profit (loss) carried forward14-€16,112-€77,448-€1.3m-€1.6m▼ 26.9%
Amounts payable17/49€1.3m€1.5m€2.1m€2.3m▲ 7.6%
Amounts payable within one year42/48€1.3m€1.5m€2.1m€2.3m▲ 7.6%
Financial debts43---€550,096-
Credit institutions430/8---€550,096-
Trade debts44€106,918€157,253€107,312€144,622▲ 34.8%
Suppliers440/4---€144,622-
Taxes, remuneration and social security45---€159,363-
Taxes450/3---€159,363-
Other amounts payable47/48---€1.4m-
Line2018201920202021Change
Profit (loss) for the period9904€85,284€54,640-€1.3m-€340,180▲ 73.1%
+ Depreciation and write-downs630€8,774€8,774€8,774€8,774=
Operating cash flow (approximation)€94,058€63,414-€1.3m-€331,406▲ 73.6%
Investment in fixed assets (approximation)-€0€0--
Change in cash-€130,655-€644,228-€14,090▲ 97.8%

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

2022
22-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 16-11-2022
05-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 158 days late
2021
28-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series.
01-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Koksijde · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
57 m²
Building footprint
33 m²
Volume, LiDAR
417 m³
Parcel 38502G0090/00_000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Beyond Construction
Leopold II Laan(Odk) 280, 8670 KoksijdeReal estate development
since 20152.241.334.557
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38502G0090/00_000 Flanders 57 m² 1 · 33 m² 15.4 m · 4 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 LUTGART GODDERIS
ALBERT I-LAAN 8, 8630 VEURNE-
16-11-2022 → present

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,696 companies in sector 68121 we hold annual accounts for 7,393. 5,162 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-2015
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0607835553
Also 9925:BE0607835553
Registered 30-10-2023

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

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