BOUW IWD
Open bankruptcySummary
A bankruptcy procedure is open for BOUW IWD according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €81k and a net result of €21k.
Signals
Four 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 31-12-2023 was due by 31-07-2024 and was filed on 06-10-2024, 67 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
67 d late
2022
7 d early
2021
43 d late
2020
114 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€81k▲ 35.6%
2022 · €60k
2020: €14k
2021: €30k
2022: €60k
2020 → 2023
Total assets
€405k▲ 190%
2022 · €140k
2020: €21k
2021: €101k
2022: €140k
2020 → 2023
Net result
€21k▼ 29.4%
2022 · €30k
2020: €4k
2021: €15k
2022: €30k
2020 → 2023
Working capital
€283k▲ 451%
2022 · €51k
2020: €14k
2021: €21k
2022: €51k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€14k-€30k▲ 109%€60k▲ 102%€81k▲ 35.6%
Operating result€4k-€24k▲ 451%€44k▲ 88.7%€33k▼ 24.9%
Net result€4k-€15k▲ 266%€30k▲ 95.0%€21k▼ 29.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 25% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €405k
Fixed assets
€13k ▼ 32.9%
Current assets
€393k ▲ 224%
Equity and liabilities €405k
Equity
€81k ▲ 35.6%
Debt
€324k ▲ 305%
Debt's share of the balance-sheet total rises from 57.2% to 80.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▼
2022 · €53k
Cash flow
€31k▼
2022 · €39k
Current ratio
3.58▲
2022 · 1.73
Quick ratio
1.10▼
2022 · 1.73
Debt to equity
3.99▲
2022 · 1.34
ROE
26.2%▼
2022 · 50.4%
ROA
5.3%▼
2022 · 21.6%
Interest coverage
13.39▼
2022 · 38.65
Debt ≤ 1 year
€110k▲
2022 · €70k
Debt > 1 year
€214k▲
2022 · €10k
Income taxes
€9k▼
2022 · €13k
Staff costs
€55k▲
2022 · €34k
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 · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€140k€405k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€19k€11k▼
Current assets29/58€121k€393k▲
Stocks and contracts in progress3-€272k
Stocks30/36-€272k
Amounts receivable within one year40/41€113k€96k▼
Trade receivables40€89k€94k▲
Other amounts receivable41€24k€2k▼
Cash at bank and in hand54/58€5k€22k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€140k€405k▲
Equity10/15€60k€81k▲
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€10k€10k=
Profit (loss) carried forward14€50k€71k▲
Amounts payable17/49€80k€324k▲
Amounts payable after more than one year17€10k€214k▲
Financial debts170/4€10k€214k▲
Amounts payable within one year42/48€70k€110k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€26k€74k▲
Suppliers440/4€26k€74k▲
Taxes, remuneration and social security45€40k€24k▼
Taxes450/3€19k€9k▼
Remuneration and social security454/9€21k€15k▼
Other amounts payable47/48-€8k
Income statement
Code20222023
Remuneration, social security and pensions62€34k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€90k€101k▲
Operating profit (loss)9901€44k€33k▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€43k€30k▼
Income taxes67/77€13k€9k▼
Profit (loss) for the period9904€30k€21k▼
Profit (loss) for the period to be appropriated9905€30k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€71k▲
Profit (loss) brought forward from the previous period14P€20k€50k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
12-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · BOUW IWD BV (DOORGE- HAALD) GOUVERNEUR ROPPESINGEL 12, 3500 HASSELT · event 05-02-2026
2025
24-11
KBO administration
Address struck
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.58
Current ratio from 1.73 to 3.58.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €30k ▲95%
Operating result €44k, net result €30k, both a record.
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
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 2019
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
9,755 m²
Building footprint
3,987 m²
Volume, LiDAR
339 m³
2 parcels, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BOUW IWD
since 20192.295.639.117
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0465/00H000 | Flanders | 9,458 m² | 1 · 3,911 m² | - |
| 12403D0294/00X004 | Flanders | 297 m² | 1 · 76 m² | 10.1 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM ARTS JAARBEURSLAAN 19/31, 3600 GENK- |
05-02-2026 → present |
| Curator | GEERT RENIERS JAARBEURSLAAN 19/31,
3600 GENK |
05-02-2026 → present |
Similar companies · same sector, comparable size
M & B
BE 0721.467.489
Villers-le-Bouillet · Eq €81,200
DEN TOOGNAGEL
BE 0480.012.814
Diest · Eq €81,197
VAN CAUWENBERGHE
BE 0477.473.095
Mouscron · Eq €81,229
HD-Projecten
BE 0778.644.635
Ravels · Eq €81,230
Dalsyt Company
BE 0738.742.595
Zwalm · Eq €81,237
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,198 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
Founded29-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:olha.khrapachenko@telenet.be