BT-BUILDING
Open bankruptcyA bankruptcy procedure is open for BT-BUILDING according to publications in the Belgian State Gazette; curator: WINNY TIRMARCHE.
Summary
The 2022 annual accounts show equity of €131k and a net result of €6k.
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 24-10-2023, 85 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
85 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€131k▲ 4.6%
2021 · €126k
2021: €126k
2021 → 2022
Total assets
€310k▲ 46.0%
2021 · €212k
2021: €212k
2021 → 2022
Net result
€6k▼ 95.3%
2021 · €123k
2021: €123k
2021 → 2022
Working capital
€122k▲ 4.3%
2021 · €117k
2021: €117k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€126k-€131k▲ 4.6%
Operating result€156k-€9k▼ 94.0%
Net result€123k-€6k▼ 95.3%
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 2022; 2022 is 94% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €310k
Fixed assets
€10k ▲ 8.7%
Current assets
€301k ▲ 47.7%
Equity and liabilities €310k
Equity
€131k ▲ 4.6%
Debt
€179k ▲ 106%
Debt's share of the balance-sheet total rises from 40.9% to 57.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▼
2021 · €157k
Cash flow
€9k▼
2021 · €123k
Current ratio
1.68▼
2021 · 2.35
Quick ratio
1.46▼
2021 · 2.35
Debt to equity
1.36▲
2021 · 0.69
ROE
4.4%▼
2021 · 97.6%
ROA
1.9%▼
2021 · 57.7%
Interest coverage
7.34▼
2021 · 110.78
Debt ≤ 1 year
€179k▲
2021 · €87k
Income taxes
€2k▼
2021 · €32k
Staff costs
€3k▲
2021 · €475
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 · 37 lines
Balance sheet
Code20212022
Assets
Total assets20/58€212k€310k▲
Fixed assets21/28€9k€10k▲
Tangible fixed assets22/27€9k€10k▲
Plant, machinery and equipment23€297€148▼
Furniture and vehicles24€8k€9k▲
Current assets29/58€204k€301k▲
Stocks and contracts in progress3-€40k
Stocks30/36-€40k
Amounts receivable within one year40/41€149k€215k▲
Trade receivables40€98k€54k▼
Other amounts receivable41€51k€161k▲
Cash at bank and in hand54/58€54k€46k▼
Deferred charges and accrued income490/1€235-
Equity and liabilities
Total equity and liabilities10/49€212k€310k▲
Equity10/15€126k€131k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€123k€128k▲
Amounts payable17/49€87k€179k▲
Amounts payable within one year42/48€87k€179k▲
Trade debts44-€114k
Suppliers440/4-€114k
Taxes, remuneration and social security45€32k€34k▲
Taxes450/3€32k€34k▲
Other amounts payable47/48€55k€31k▼
Income statement
Code20212022
Remuneration, social security and pensions62€475€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€806€3k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€159k€17k▼
Operating profit (loss)9901€156k€9k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€155k€8k▼
Income taxes67/77€32k€2k▼
Profit (loss) for the period9904€123k€6k▼
Profit (loss) for the period to be appropriated9905€123k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€123k€128k▲
Profit (loss) brought forward from the previous period14P-€123k
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
2025
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BT-BUILDING BV MONTENE- GROSTRAAT 62/2, 1060 SINT-GILLIS · event 25-03-2025
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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
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.
Ground area
5,722 m²
Building footprint
824 m²
Volume, LiDAR
4,889 m³
2 parcels, Brussels, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BT-BUILDING
since 20202.309.573.760
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041B1994/00A000 | Flanders | 5,602 m² | 1 · 712 m² | 10.0 m · 1 fl. |
| 21562A0231/00Z002 | Brussels | 120 m² | 1 · 112 m² | 18.4 m · 5 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 | WINNY TIRMARCHE A. DE COCKPLEIN 9,
1831 DIEGEM |
25-03-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.