BT CONSTRUCTION
Bankruptcy closedInactive since 02-05-2026; last annual accounts for fiscal year 2021.
Summary
BT CONSTRUCTION was declared bankrupt on 24-09-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 28-04-2026, published in the Belgian State Gazette on 07-05-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35,263▼ 69.0%
2020 · €113,900
Working capital
€159,611▲ 41.8%
2020 · €112,553
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€3,140-€72,008€115,536▲ 60.4%€36,983▼ 68.0%
Net result-€3,205-€60,433€113,900▲ 88.5%€35,263▼ 69.0%
Equity€7,046-€67,479▲ 858%€181,379▲ 169%€216,642▲ 19.4%
Total assets€8,824-€106,361▲ 1,105%€220,138▲ 107%€231,120▲ 5.0%
Debt€1,778-€38,882▲ 2,087%€38,759▼ 0.3%€14,478▼ 62.6%
Working capital€6,019-€30,824▲ 412%€112,553▲ 265%€159,611▲ 41.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 68% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €231,120
Fixed assets
€57,031 ▼ 17.3%
Current assets
€174,089 ▲ 15.2%
Equity and liabilities €231,120
Equity
€216,642 ▲ 19.4%
Debt
€14,478 ▼ 62.6%
Debt's share of the balance-sheet total falls from 17.6% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,246▼
2020 · €130,792
Cash flow
€57,527▼
2020 · €129,156
Current ratio
12.02▲
2020 · 3.92
Debt to equity
0.07
ROE
16.3%▼
2020 · 62.8%
ROA
15.3%▼
2020 · 51.7%
Interest coverage
34.46
Debt ≤ 1 year
€14,478▼
2020 · €38,583
Staff costs
€2,537
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,537 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €603 | €10,074 | €15,256 | €22,264 | ▲ 45.9% |
| Other operating charges640/8 | - | - | - | €2,425 | - |
| Gross operating margin9900 | -€2,537 | €82,674 | €131,413 | €64,208 | ▼ 51.1% |
| Operating profit (loss)9901 | -€3,140 | €72,008 | €115,536 | €36,983 | ▼ 68.0% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €1,719 | - |
| Recurring financial charges65 | €65 | €1,216 | €1,636 | €1,719 | ▲ 5.1% |
| Profit (loss) for the period before taxes9903 | -€3,205 | €70,793 | €113,900 | €35,263 | ▼ 69.0% |
| Income taxes67/77 | - | €10,360 | - | - | - |
| Profit (loss) for the period9904 | -€3,205 | €60,433 | €113,900 | €35,263 | ▼ 69.0% |
| Profit (loss) for the period to be appropriated9905 | -€3,205 | €60,433 | €113,900 | €35,263 | ▼ 69.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8,824 | €106,361 | €220,138 | €231,120 | ▲ 5.0% |
| Fixed assets21/28 | €1,027 | €36,654 | €69,002 | €57,031 | ▼ 17.3% |
| Tangible fixed assets22/27 | €1,027 | €36,654 | €69,002 | €50,031 | ▼ 27.5% |
| Plant, machinery and equipment23 | - | - | - | €3,998 | - |
| Furniture and vehicles24 | - | - | - | €46,033 | - |
| Financial fixed assets28 | - | - | - | €7,000 | - |
| Current assets29/58 | €7,797 | €69,706 | €151,136 | €174,089 | ▲ 15.2% |
| Amounts receivable within one year40/41 | €6,655 | €38,608 | €72,302 | €157,745 | ▲ 118% |
| Trade receivables40 | - | - | - | €17,182 | - |
| Other amounts receivable41 | - | - | - | €140,562 | - |
| Cash at bank and in hand54/58 | €1,142 | €31,098 | €78,834 | €16,344 | ▼ 79.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8,824 | €106,361 | €220,138 | €231,120 | ▲ 5.0% |
| Equity10/15 | €7,046 | €67,479 | €181,379 | €216,642 | ▲ 19.4% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | - |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | - |
| Profit (loss) carried forward14 | -€14,954 | €45,479 | €159,379 | €194,642 | ▲ 22.1% |
| Amounts payable17/49 | €1,778 | €38,882 | €38,759 | €14,478 | ▼ 62.6% |
| Amounts payable within one year42/48 | €1,778 | €38,882 | €38,583 | €14,478 | ▼ 62.5% |
| Trade debts44 | €1,099 | €4,298 | - | €4,118 | - |
| Suppliers440/4 | - | - | - | €4,118 | - |
| Taxes, remuneration and social security45 | - | - | - | €10,360 | - |
| Taxes450/3 | - | - | - | €10,360 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,205 | €60,433 | €113,900 | €35,263 | ▼ 69.0% |
| + Depreciation and write-downs630 | €603 | €10,074 | €15,256 | €22,264 | ▲ 45.9% |
| Operating cash flow (approximation) | -€2,602 | €70,507 | €129,156 | €57,527 | ▼ 55.5% |
| Investment in fixed assets (approximation) | - | -€45,701 | -€47,603 | -€10,293 | ▲ 78.4% |
| Change in cash | - | €29,956 | €47,736 | -€62,490 | ▼ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 28-04-2026
2024
30-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 24-09-2024
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 12.02
Current ratio from 3.92 to 12.02; short-term debt falls from €38,583 to €14,478.
31-12
Financial
Equity above €200,000Eq €216,642 ▲19.4%
3 profitable years in a row build equity to €216,642.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial
Highest result since 2018net €113,900 ▲88.5%
Operating result €115,536, net result €113,900, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.79 to 3.92; short-term debt falls from €38,882 to €38,583.
31-12
Financial
Equity above €150,000Eq €181,379 ▲169%
2 profitable years in a row build equity to €181,379.
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 143 days late
2019
31-12
Financial
Back to profitnet €60,433
Net result €60,433 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
02-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Dilbeek
Ground area
4,983 m²
Building footprint
2,317 m²
Parcel 23026A0132/00G006, Flanders. Linked by address, not a title deed.
105
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 | ANIEK BERGMANS NINOOFSESTEENWEG 244,
1700 DILBEEK |
24-09-2024 → 28-04-2026 |
Identification & contact
Identification
Legal formPrivate limited company
Founded22-10-2010
Fiscal year end31-12
Abbreviation FR
BTC
Contact
E-mail
BKR.EXPORT@GMAIL.COM
Phone
0498/31.11.75
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.