BRABO CONSTRUCT
Open bankruptcySummary
A bankruptcy procedure is open for BRABO CONSTRUCT according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €42k and a net result of €37k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€42k
Total assets
€798k
Net result
€37k
Working capital
€673k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €798k
Fixed assets
€9k
Current assets
€789k
Equity and liabilities €798k
Equity
€42k
Debt
€756k
Debt finances 94.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€47k
Cash flow
€38k
Current ratio
6.84
Debt to equity
18.09
ROE
88.0%
ROA
4.6%
Interest coverage
155.19
Debt ≤ 1 year
€115k
Income taxes
€13k
Staff costs
€5
Filed annual accounts As filed with the NBB · 2021 · 35 lines
Balance sheet
Code2021
Assets
Total assets20/58€798k
Fixed assets21/28€9k
Tangible fixed assets22/27€9k
Furniture and vehicles24€9k
Current assets29/58€789k
Amounts receivable within one year40/41€789k
Trade receivables40€641k
Other amounts receivable41€148k
Cash at bank and in hand54/58€1
Equity and liabilities
Total equity and liabilities10/49€798k
Equity10/15€42k
Contributions10/11€5k
Profit (loss) carried forward14€37k
Amounts payable17/49€756k
Amounts payable within one year42/48€115k
Trade debts44€46k
Suppliers440/4€46k
Advances received on contracts in progress46€44k
Taxes, remuneration and social security45€25k
Taxes450/3€25k
Accrued charges and deferred income492/3€641k
Income statement
Code2021
Remuneration, social security and pensions62€5
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€1k
Gross operating margin9900€48k
Operating profit (loss)9901€45k
Financial income75/76B€4k
Recurring financial income75€4k
Financial charges65/66B€301
Recurring financial charges65€301
Profit (loss) for the period before taxes9903€49k
Income taxes67/77€13k
Profit (loss) for the period9904€37k
Profit (loss) for the period to be appropriated9905€37k
Appropriation of the result
Profit (loss) to be appropriated9906€37k
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
2023
27-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEMSTRAAT 25, 2018 ANTWERPEN 1 · event 21-09-2023
22-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEM- STRAAT 25, 2018 ANTWERPEN 1 · event 15-06-2023
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 404 days late
SignalNBB filing
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, Antwerpen · 1 establishment unit since 2020
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.
Lange Leemstraat 252018 AntwerpenGround area
719 m²
Building footprint
699 m²
Volume, LiDAR
8,018 m³
2 parcels, Flanders · tallest building 20.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BRABO CONSTRUCT
since 20202.308.822.605
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1256/00H000 | Flanders | 480 m² | 1 · 480 m² | 20.3 m · 5 fl. |
| 11806F1463/00B010 | Flanders | 239 m² | 1 · 219 m² | 17.7 m · 4 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 | THOMAS DEBAENE KONINKLIJKE LAAN 60,
2600 BERCHEM (ANTWERPEN) |
21-09-2023 → present |
| Curator | ERIK GREEVE KONINKLIJKELAAN 60, 2600 BERCHEM
(ANTWERPEN) |
21-09-2023 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,900 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
Founded20-10-2020
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.