BIEKORF CONSTRUCT
InactiveBIEKORF CONSTRUCT was declared bankrupt on 26-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 24-12-2024, published in the Belgian State Gazette on 31-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-10-2021, 87 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
87 d late
2019
125 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 106 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€59,292
2019 · €404
Total assets
€558,895▼ 52.7%
2019 · €1.2m
Net result
-€59,696▼ 161%
2019 · -€22,896
Working capital
-€79,261
2019 · €631,349
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
Line201820192020
Operating result€4,967--€20,321-€29,159▼ 43.5%
Net result-€1,475--€22,896▼ 1,452%-€59,696▼ 161%
Equity€23,300-€404▼ 98.3%-€59,292
Total assets€1.4m-€1.2m▼ 14.5%€558,895▼ 52.7%
Debt€1.4m-€1.2m▼ 13.0%€618,187▼ 47.6%
Working capital€481,228-€631,349▲ 31.2%-€79,261
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29,159 in 2020 against €20,321 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €558,895
Fixed assets
€24,872 ▼ 12.8%
Current assets
€534,023 ▼ 53.6%
Key figures and ratios
EBITDA
-€24,192▼
2019 · -€15,428
Cash flow
-€54,729▼
2019 · -€18,003
Solvency
-10.6%▼
2019 · 0.0%
Current ratio
0.87▼
2019 · 2.21
Quick ratio
0.08▼
2019 · 0.26
ROA
-10.7%▼
2019 · -1.9%
Debt ≤ 1 year
€613,284▲
2019 · €520,690
Income taxes
€94
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,136 | €4,894 | €4,968 | ▲ 1.5% |
| Gross operating margin9900 | €23,140 | -€12,257 | €6,989 | ▲ 157% |
| Operating profit (loss)9901 | €4,967 | -€20,321 | -€29,159 | ▼ 43.5% |
| Recurring financial income75 | €114 | €940 | €1,182 | ▲ 25.8% |
| Recurring financial charges65 | €10,581 | €38,286 | €31,625 | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | -€1,475 | -€22,896 | -€59,602 | ▼ 160% |
| Income taxes67/77 | - | - | €94 | - |
| Profit (loss) for the period9904 | -€1,475 | -€22,896 | -€59,696 | ▼ 161% |
| Profit (loss) for the period to be appropriated9905 | -€1,475 | -€22,896 | -€59,696 | ▼ 161% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.4m | €1.2m | €558,895 | ▼ 52.7% |
| Fixed assets21/28 | €230,800 | €28,525 | €24,872 | ▼ 12.8% |
| Tangible fixed assets22/27 | €230,800 | €28,525 | €24,857 | ▼ 12.9% |
| Financial fixed assets28 | - | - | €15 | - |
| Current assets29/58 | €1.1m | €1.2m | €534,023 | ▼ 53.6% |
| Stocks and contracts in progress3 | €1.0m | €1.0m | €486,148 | ▼ 52.2% |
| Amounts receivable within one year40/41 | €95,794 | €121,104 | €35,183 | ▼ 70.9% |
| Cash at bank and in hand54/58 | €384 | €12,850 | €2,549 | ▼ 80.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.4m | €1.2m | €558,895 | ▼ 52.7% |
| Equity10/15 | €23,300 | €404 | -€59,292 | ▼ 14,769% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €6,176 | €6,176 | €6,176 | = |
| Profit (loss) carried forward14 | -€1,475 | -€24,372 | -€84,068 | ▼ 245% |
| Amounts payable17/49 | €1.4m | €1.2m | €618,187 | ▼ 47.6% |
| Amounts payable after more than one year17 | €687,450 | €658,980 | - | - |
| Amounts payable within one year42/48 | €668,374 | €520,690 | €613,284 | ▲ 17.8% |
| Trade debts44 | €218,509 | €249,554 | €199,614 | ▼ 20.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,475 | -€22,896 | -€59,696 | ▼ 161% |
| + Depreciation and write-downs630 | €17,136 | €4,894 | €4,968 | ▲ 1.5% |
| Operating cash flow (approximation) | €15,661 | -€18,003 | -€54,729 | ▼ 204% |
| Investment in fixed assets (approximation) | - | €197,381 | -€1,315 | ▼ 101% |
| Change in cash | - | €12,466 | -€10,301 | ▼ 183% |
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
31-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-12-2024
2023
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-01-2023
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet -€59,696
Net result drops to -€59,696, the lowest in the series.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 491 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DAVID ANNé VAN IMMERSEELSTRAAT 66,
2018 ANTWERPEN 1 |
26-01-2023 → 24-12-2024 |