Bton
Open bankruptcyA bankruptcy procedure is open for Bton according to publications in the Belgian State Gazette; curator: AN STERCKX.
Summary
The 2024 annual accounts show equity of €39,012 and a net result of -€14,975.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 5 May 2026
- Supervising judge
- Peter Herpels
- Official Gazette
- 11-05-2026 (pdf) ↗search the document for 2026/120310
Deadlines
- Provisional date payments stopped
- 5 May 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 26 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 June 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 23 June 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 5 May 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- An SterckxKachtemsestraat 334, 8800 Roese- Larean.sterckx@advocaat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d late
2022
32 d early
2021
2 d early
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€39,012▼ 27.7%
2023 · €53,987
Total assets
€120,208▼ 4.6%
2023 · €126,064
Net result
-€14,975
2023 · €29,402
Working capital
€40,396▲ 18.9%
2023 · €33,981
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,009-€43,530▲ 4,213%€15,118▼ 65.3%€38,203▲ 153%-€13,029
Net result€761within the sector's middle half-€33,747above the sector's middle half▲ 4,333%€11,663within the sector's middle half▼ 65.4%€29,402within the sector's middle half▲ 152%-€14,975below the sector's middle half
Equity€3,761below the sector's middle half-€37,508within the sector's middle half▲ 897%€49,171within the sector's middle half▲ 31.1%€53,987within the sector's middle half▲ 9.8%€39,012within the sector's middle half▼ 27.7%
Total assets€14,774below the sector's middle half-€89,675below the sector's middle half▲ 507%€136,548below the sector's middle half▲ 52.3%€126,064below the sector's middle half▼ 7.7%€120,208below the sector's middle half▼ 4.6%
Debt€11,013-€52,167▲ 374%€87,377▲ 67.5%€72,077▼ 17.5%€81,196▲ 12.7%
Working capital€5,011-€14,821▲ 196%€52,031▲ 251%€33,981▼ 34.7%€40,396▲ 18.9%
Solvency25.5%within the sector's middle half-41.8%within the sector's middle half▲ 16.4pp36.0%within the sector's middle half▼ 5.8pp42.8%within the sector's middle half▲ 6.8pp32.5%within the sector's middle half▼ 10.4pp
Staff (FTE)0.41▲ 150%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13,029 after €38,203 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,208
Fixed assets
€20,631 ▼ 21.1%
Current assets
€99,576 ▼ 0.3%
Equity and liabilities €120,208
Equity
€39,012 ▼ 27.7%
Debt
€81,196 ▲ 12.7%
Debt's share of the balance-sheet total rises from 57.2% to 67.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€2,404▼
2023 · €46,498
Cash flow
-€4,350▼
2023 · €37,696
Current ratio
1.68▲
2023 · 1.52
Quick ratio
1.66▲
2023 · 1.46
Debt to equity
2.08▲
2023 · 1.34
ROE
-38.4%▼
2023 · 54.5%
ROA
-12.5%▼
2023 · 23.3%
Interest coverage
-0.35▼
2023 · 10.75
Debt ≤ 1 year
€59,180▼
2023 · €65,919
Debt > 1 year
€22,016▲
2023 · €6,158
Income taxes
€0▼
2023 · €7,422
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €20,582 | €56,163 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €5,606 | €11,640 | €8,294 | €10,625 | ▲ 28.1% |
| Other operating charges640/8 | - | €2,000 | €2,794 | €1,191 | €815 | ▼ 31.6% |
| Non-recurring operating charges66A | - | - | €3,900 | €1,203 | €0 | ▼ 100% |
| Gross operating margin9900 | €1,589 | €71,718 | €89,615 | €48,892 | -€1,589 | ▼ 103% |
| Operating profit (loss)9901 | €1,009 | €43,530 | €15,118 | €38,203 | -€13,029 | ▼ 134% |
| Financial income75/76B | - | €0 | €1,223 | €2,946 | €4,881 | ▲ 65.7% |
| Recurring financial income75 | - | €0 | €1,223 | €2,946 | €4,881 | ▲ 65.7% |
| Financial charges65/66B | - | €1,316 | €1,564 | €4,326 | €6,828 | ▲ 57.8% |
| Recurring financial charges65 | - | €1,316 | €1,564 | €4,326 | €6,828 | ▲ 57.8% |
| Profit (loss) for the period before taxes9903 | €1,009 | €42,215 | €14,778 | €36,823 | -€14,975 | ▼ 141% |
| Income taxes67/77 | €248 | €8,468 | €3,115 | €7,422 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €761 | €33,747 | €11,663 | €29,402 | -€14,975 | ▼ 151% |
| Profit (loss) for the period to be appropriated9905 | €761 | €33,747 | €11,663 | €29,402 | -€14,975 | ▼ 151% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,774 | €89,675 | €136,548 | €126,064 | €120,208 | ▼ 4.6% |
| Fixed assets21/28 | - | €34,325 | €33,001 | €26,165 | €20,631 | ▼ 21.1% |
| Tangible fixed assets22/27 | - | €31,675 | €31,351 | €24,515 | €18,981 | ▼ 22.6% |
| Plant, machinery and equipment23 | - | €18,627 | €22,722 | €23,896 | €17,893 | ▼ 25.1% |
| Furniture and vehicles24 | - | €13,047 | €8,629 | €619 | €1,089 | ▲ 76.0% |
| Financial fixed assets28 | - | €2,650 | €1,650 | €1,650 | €1,650 | = |
| Current assets29/58 | €14,774 | €55,351 | €103,547 | €99,900 | €99,576 | ▼ 0.3% |
| Amounts receivable after more than one year29 | - | €21,927 | €21,927 | €6,002 | €6,002 | = |
| Other amounts receivable291 | - | €21,927 | €21,927 | €6,002 | €6,002 | = |
| Stocks and contracts in progress3 | - | - | - | €3,644 | €1,145 | ▼ 68.6% |
| Stocks30/36 | - | - | - | €3,644 | €1,145 | ▼ 68.6% |
| Amounts receivable within one year40/41 | €11,329 | €23,049 | €76,319 | €88,167 | €92,226 | ▲ 4.6% |
| Trade receivables40 | - | €14,134 | €48,175 | €14,562 | €6,909 | ▼ 52.6% |
| Other amounts receivable41 | - | €8,915 | €28,144 | €73,605 | €85,317 | ▲ 15.9% |
| Cash at bank and in hand54/58 | €2,561 | €5,983 | €2,095 | €1,739 | €204 | ▼ 88.3% |
| Deferred charges and accrued income490/1 | - | €4,391 | €3,206 | €348 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,774 | €89,675 | €136,548 | €126,064 | €120,208 | ▼ 4.6% |
| Equity10/15 | €3,761 | €37,508 | €49,171 | €53,987 | €39,012 | ▼ 27.7% |
| Contributions10/11 | - | €3,000 | €3,000 | €1,500 | €1,500 | = |
| Reserves13 | - | - | €46,171 | €52,487 | €37,512 | ▼ 28.5% |
| Distributable reserves133 | - | - | €46,171 | €52,487 | €37,512 | ▼ 28.5% |
| Profit (loss) carried forward14 | €761 | €34,508 | - | - | - | - |
| Amounts payable17/49 | €11,013 | €52,167 | €87,377 | €72,077 | €81,196 | ▲ 12.7% |
| Amounts payable after more than one year17 | - | €8,887 | €24,765 | €6,158 | €22,016 | ▲ 257% |
| Financial debts170/4 | - | €8,887 | €24,765 | €6,158 | €22,016 | ▲ 257% |
| Amounts payable within one year42/48 | €9,763 | €40,530 | €51,516 | €65,919 | €59,180 | ▼ 10.2% |
| Current portion of amounts payable after more than one year42 | - | €5,134 | €12,926 | €2,993 | €16,101 | ▲ 438% |
| Financial debts43 | - | - | - | - | €3,509 | - |
| Credit institutions430/8 | - | - | - | - | €3,509 | - |
| Trade debts44 | €8,292 | €20,928 | €26,532 | €31,901 | €30,839 | ▼ 3.3% |
| Suppliers440/4 | - | €20,928 | €26,532 | €31,901 | €30,839 | ▼ 3.3% |
| Advances received on contracts in progress46 | - | - | - | €3,838 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €8,468 | €12,058 | €16,591 | €8,731 | ▼ 47.4% |
| Taxes450/3 | - | €8,468 | €12,058 | €16,591 | €8,731 | ▼ 47.4% |
| Other amounts payable47/48 | - | €6,000 | - | €10,596 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €2,750 | €11,096 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €761 | €33,747 | €11,663 | €29,402 | -€14,975 | ▼ 151% |
| + Depreciation and write-downs630 | - | €5,606 | €11,640 | €8,294 | €10,625 | ▲ 28.1% |
| Operating cash flow (approximation) | €761 | €39,353 | €23,303 | €37,696 | -€4,350 | ▼ 112% |
| Investment in fixed assets (approximation) | - | - | -€10,317 | -€1,458 | -€5,092 | ▼ 249% |
| Change in cash | - | €3,422 | -€3,888 | -€356 | -€1,536 | ▼ 332% |
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
11-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 05-05-2026
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€14,975
Net result drops to -€14,975, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €33,747 ▲4,333%
Operating result €43,530, net result €33,747, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Registered office, Roeselare · 1 establishment unit since 2020
Ground area
1,137 m²
Building footprint
396 m²
Volume, LiDAR
1,202 m³
Parcel 36015A0973/00P002, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bton
since 20202.305.265.574
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0973/00P002 | Flanders | 1,137 m² | 1 · 396 m² | 5.3 m · 1 fl. |
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 | AN STERCKX KACHTEMSESTRAAT 334, 8800 ROESE-
LARE |
05-05-2026 → present |
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 4,798 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
71111Activities of building architects
71113Urban planning and landscape architecture
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.