BUILDERS GROUP
abbreviatedB.G.Open bankruptcyA bankruptcy procedure is open for BUILDERS GROUP according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-03-2023, 224 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
224 d late
2020
117 d late
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€148k▲ 0.1%
2020 · €148k
2018: €112k
2019: €148k
2020: €148k
2018 → 2021
Total assets
€186k=
2020 · €186k
2018: €578k
2019: €187k
2020: €186k
2018 → 2021
Net result
€94
2020 · €-430
2018: €5k
2019: €36k
2020: €-430
2018 → 2021
Working capital
€-2k▲ 4.1%
2020 · €-2k
2018: €277k
2019: €-2k
2020: €-2k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€112k-€148k▲ 32.0%€148k▼ 0.3%€148k▲ 0.1%
Operating result€-11k-€-353k▼ 3,113%€-300▲ 99.9%
Net result€5k-€36k▲ 608%€-430€94
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €300 in 2020 against €353k in 2019; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €186k
Fixed assets
€150k =
Current assets
€36k ▼ 0.2%
Equity and liabilities €186k
Equity
€148k ▲ 0.1%
Debt
€38k ▼ 0.5%
Debt's share of the balance-sheet total falls from 20.7% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.94▲
2020 · 0.94
Debt to equity
0.26
ROE
0.1%▲
2020 · -0.3%
ROA
0.1%▲
2020 · -0.2%
Debt ≤ 1 year
€38k▼
2020 · €39k
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 · 2021 against 2020 · 39 lines
Balance sheet
Code20202021
Assets
Total assets20/58€186k€186k=
Fixed assets21/28€150k€150k=
Financial fixed assets28€150k€150k=
Current assets29/58€36k€36k▼
Amounts receivable within one year40/41€36k€36k=
Trade receivables40-€36k
Cash at bank and in hand54/58€85-
Equity and liabilities
Total equity and liabilities10/49€186k€186k=
Equity10/15€148k€148k▲
Contributions10/11€125k€125k=
Capital10-€125k
Issued capital100-€125k
Reserves13€27k€27k=
Non-distributable reserves130/1-€21k
Legal reserve130-€21k
Distributable reserves133-€6k
Profit (loss) carried forward14€-4k€-4k▲
Amounts payable17/49€39k€38k▼
Amounts payable within one year42/48€39k€38k▼
Financial debts43-€13
Credit institutions430/8-€13
Trade debts44€3k€3k▼
Suppliers440/4-€3k
Taxes, remuneration and social security45-€33k
Taxes450/3-€33k
Remuneration and social security454/9-€218
Other amounts payable47/48-€3k
Income statement
Code20202021
Gross operating margin9900€-300-
Operating profit (loss)9901€-300-
Financial income75/76B-€286
Recurring financial income75€35€286▲
Non-recurring financial income76B-€286
Financial charges65/66B-€192
Recurring financial charges65€165€192▲
Profit (loss) for the period before taxes9903€-430€94▲
Profit (loss) for the period9904€-430€94▲
Profit (loss) for the period to be appropriated9905€-430€94▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-4k
Profit (loss) brought forward from the previous period14P-€-4k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
23-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BUILDERS GROUP SA AVENUE LOUISE 209/7, 1050 IXELLES · event 16-10-2023
12-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 224 days late
2021
31-12
Financial
Back to profitnet €94
Net result €94 after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
31-12
Financial
Weakest financial yearnet €-430 ▼101%
Net result drops to €-430, the lowest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €36k ▲608%
Net result €36k, the highest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
23-11
Bankruptcy
Bankruptcy reversal
Tribunal de commerce du Brabant wallon · la SA BUILDERS GROUP
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Show earlier events
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
18-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 230 days late
2013
09-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 70 days late
2012
26-11
Bankruptcy
Bankruptcy reversal
tribunal de commerce de Bruxelles du 17 octobre 2011; · la SA IMMOROZI, intimé qq, 2. ETAT BELGE, représenté par le Ministre des Finances, en la personne du receveur des contributions directes de Bruxelles 3 Sociétés, dont les bureaux sont établis à 1000 Bruxelles, boulevard du Jardin Botanique 50/3110, intimé, La cour 1. Reçoit l’appel. 2. Vu l’avis conforme du Ministère public, constate que le jugement entrepris est illégal et le met à néant. 3. Statuant à nouveau par l’effet dévolutif de l’appel : - dit l’opposition introduite par la SA Immorozi recevable et fondée; - dit la demande de l’Etat belge non fondée et l’en déboute; - rétracte la faillite de la SA Immorozi
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
16-10-2023 → present |