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Generated 24-06-2026
Active BE 0756.789.941Private limited companyOpen bankruptcy

BRABO CONSTRUCT

Lange Leemstraat 25 ·2018 Antwerpen, Belgium· 5 yrs active
Sector: Construction of buildings (41001)
Conclusion Checked

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.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €42k
Net result €37k
Better than sector 20%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health13Profitability100Solvency37Growth50Stability0
40 / 100

Fragile profile — watch stability in particular.

Health 13
Profitability 100
Solvency 37
Growth 50
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
13 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 08-06-2023 with the NBB · fiscal year 2021 · micro
Sector comparison
Fiscal year 2021 · NACE 41 — Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 5.2% 30.7%
better than 20% of 82 sector peers
Net result €37k €11k
better than 82% of 81 sector peers
Equity €42k €26k
better than 66% of 82 sector peers
Gross operating margin €48k €26k
better than 65% of 81 sector peers
Staff costs €5 €15k
higher than 5% of 36 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2021
Revenue—
EBITDA€47k
Net profit€37k
Cash flow€38k
Staff costs€5
Income taxes€13k
Dividends—
Total assets€798k
Equity€42k
Debt€756k
of which ≤ 1y€115k
of which > 1y—
Working capital€673k
Employees (FTE)—
Ratios (computed)
2021
Current ratio6.84
Quick ratio6.84
Working capital ratio84.4%
Solvency5.2%
Debt / equity18.09
Long-term debt ratio—
Interest coverage155.19
Gross margin—
Net margin—
ROA4.6%
ROE88.0%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet — Assets
TOTAL ASSETS 20/58€798k
Fixed assets 21/28€9k
Tangible fixed assets 22/27€9k
Current assets 29/58€789k
Amounts receivable within one year 40/41€789k
Cash & bank 54/58€1
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€798k
Equity 10/15€42k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€37k
Amounts payable 17/49€756k
Amounts payable within one year 42/48€115k
Trade debts payable within one year 44€46k
Income statement
Gross operating margin 9900€48k
Operating result 9901€45k
Financial income 75€4k
Financial charges 65€301
Result before taxes 9903€49k
Income taxes 67/77€13k
Net result for the period 9904€37k
Result to be appropriated 9905€37k
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator THOMAS DEBAENE
KONINKLIJKE LAAN 60, 2600 BERCHEM (ANTWERPEN)
 21-09-2023 → present Belgian State Gazette
Curator ERIK GREEVE
KONINKLIJKELAAN 60, 2600 BERCHEM (ANTWERPEN)
 21-09-2023 → present Belgian State Gazette
Legal Structure
NACE primary Construction of buildings(41001)
Legal form Private limited company(610)
Incorporation20-10-2020
StatusActive
Postal code2018
First BS signal 22-06-2023
Latest BS signal 27-09-2023
Company structure — linked entities2 linked entities
BRABO CONSTRUCTBE 0756.789.941THOMAS DEBAENEReceiverERIK GREEVEReceiver ↔ 111SD ConceptDVB GroupOur Challenge
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
BRABO CONSTRUCT
Breydelstraat 14, 2018 AntwerpenAlgemene bouw van residentiële gebouwen
since 20202.308.822.605
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

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.
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.
Updates 3 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023
27-09-2023
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEMSTRAAT 25, 2018 ANTWERPEN 1 · event 21-09-2023
22-06-2023
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEM- STRAAT 25, 2018 ANTWERPEN 1 · event 15-06-2023
08-06-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
Lifecycle & Insolvency Signals 2 events
27-09-2023
Bankruptcy Opening
Date: 21-09-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEMSTRAAT 25, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
22-06-2023
Bankruptcy Bankruptcy reversal
Date: 15-06-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BRABO CONSTRUCT BV LANGE LEEM- STRAAT 25, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-06-22 · Bankruptcy · Bankruptcy reversal2023-09-27 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Algemene bouw van kantoorgebouwen41002Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van kantoorgebouwen41202Algemene bouw van andere niet-residentiële gebouwen41203
Primary activity highlighted.
Names & trade names
Legal nameNL BRABO CONSTRUCT
Registered office
Lange Leemstraat 25
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative