BMC
Open bankruptcyA bankruptcy procedure is open for BMC according to publications in the Belgian State Gazette; curator: STEVEN DE RAEVE.
Summary
The 2022 annual accounts show equity of €282k and a net result of €73k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
19 d late
2020
31 d late
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€282k▲ 34.9%
2021 · €209k
2018: €168k
2019: €188k
2020: €184k
2021: €209k
2018 → 2022
Total assets
€870k▲ 19.9%
2021 · €726k
2018: €301k
2019: €281k
2020: €710k
2021: €726k
2018 → 2022
Net result
€73k▲ 185%
2021 · €26k
2018: €16k
2019: €20k
2020: €-4k
2021: €26k
2018 → 2022
Working capital
€115k▲ 29.0%
2021 · €89k
2018: €99k
2019: €120k
2020: €63k
2021: €89k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€168k-€188k▲ 11.9%€184k▼ 2.3%€209k▲ 14.0%€282k▲ 34.9%
Operating result€26k-€45k▲ 75.7%€2k▼ 95.1%€37k▲ 1,573%€89k▲ 142%
Net result€16k-€20k▲ 26.4%€-4k€26k€73k▲ 185%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 142% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €870k
Fixed assets
€500k ▼ 0.3%
Current assets
€370k ▲ 65.3%
Equity and liabilities €870k
Equity
€282k ▲ 34.9%
Debt
€587k ▲ 13.8%
Debt's share of the balance-sheet total falls from 71.2% to 67.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€130k▲
2021 · €81k
Cash flow
€114k▲
2021 · €70k
Current ratio
1.45▼
2021 · 1.66
Debt to equity
2.08▼
2021 · 2.47
ROE
25.9%▲
2021 · 12.3%
ROA
8.4%▲
2021 · 3.5%
Interest coverage
11.26▲
2021 · 8.18
Debt ≤ 1 year
€255k▲
2021 · €135k
Debt > 1 year
€332k▼
2021 · €382k
Income taxes
€18k▲
2021 · €1k
Staff costs
€163k▲
2021 · €126k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 51 lines
Balance sheet
Code20212022
Assets
Total assets20/58€726k€870k▲
Fixed assets21/28€502k€500k▼
Tangible fixed assets22/27€502k€500k▼
Land and buildings22€449k€433k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€52k€62k▲
Financial fixed assets28€279€279=
Current assets29/58€224k€370k▲
Amounts receivable within one year40/41€212k€367k▲
Trade receivables40€67k€88k▲
Other amounts receivable41€145k€279k▲
Cash at bank and in hand54/58€9k€3k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€726k€870k▲
Equity10/15€209k€282k▲
Contributions10/11€19k€19k=
Reserves13€191k€264k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€189k€262k▲
Amounts payable17/49€516k€587k▲
Amounts payable after more than one year17€382k€332k▼
Financial debts170/4€382k€332k▼
Amounts payable within one year42/48€135k€255k▲
Current portion of amounts payable after more than one year42€48k€49k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€47k€124k▲
Suppliers440/4€47k€124k▲
Taxes, remuneration and social security45€39k€72k▲
Taxes450/3€6k€31k▲
Remuneration and social security454/9€34k€41k▲
Income statement
Code20212022
Non-recurring operating income76A-€16k
Remuneration, social security and pensions62€126k€163k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€41k▼
Other operating charges640/8€13k€18k▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€222k€311k▲
Operating profit (loss)9901€37k€89k▲
Financial income75/76B€229€13k▲
Recurring financial income75€229€13k▲
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€27k€91k▲
Income taxes67/77€1k€18k▲
Profit (loss) for the period9904€26k€73k▲
Profit (loss) for the period to be appropriated9905€26k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€73k▲
Profit (loss) brought forward from the previous period14P€-4k-
Transfer to equity691/2€21k€73k▲
To other reserves6921€21k€73k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
31-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · BMC BV BROEKSTRAAT(O) 40, 9290 BERLARE · event 27-05-2024
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €73k ▲185%
Operating result €89k, net result €73k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €200kEq €209k ▲14%
Equity rises from €184k to €209k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼121%
Net result drops to €-4k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Show earlier events
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 32 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
8,025 m²
Building footprint
1,566 m²
Volume, LiDAR
16,872 m³
2 parcels, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BMC
since 20132.217.067.434
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0179/09E000 | Flanders | 7,219 m² | 1 · 1,412 m² | 16.4 m · 4 fl. |
| 42017B0047/00F000 | Flanders | 806 m² | 1 · 154 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 | STEVEN DE RAEVE NOORDLAAN 28, 9200 DENDER-
MONDE |
27-05-2024 → present |
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Of 295 companies in sector 42211 we hold annual accounts for 132. 87 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
42211Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.