Active BE 0838.355.855Private limited company (pre-2019)Open bankruptcy

BUILDING GROUP

Chaussée de Louvain 426 ·1380 Lasne, Belgium· 15 yrs active

Sector: Algemene bouw van residentiële gebouwen (41001)

Conclusion Checked

A bankruptcy procedure is open for BUILDING GROUP according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €16k and a net result of €-5k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€16k
Net result	€-5k
Active	15 yrs
Locations	1

Snowflake analysis 4 of 5 axes measured · computed by Checked

14 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 0

Solvency 54

Growth -

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 riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2019 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2019 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 06-01-2020 with the NBB · fiscal year 2019 · micro

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	micro
Revenue	-
EBITDA	€-64k
Net profit	€-5k
Cash flow	€-4k
Staff costs	-
Income taxes	€5k
Dividends	-
Total assets	€746k
Equity	€16k
Debt	€730k
of which ≤ 1y	€376k
of which > 1y	€31k
Working capital	€370k
Employees (FTE)	-

Ratios (computed)

	2019
Current ratio	1.98
Quick ratio	1.98
Working capital ratio	49.5%
Solvency	2.1%
Debt / equity	1.96
Long-term debt ratio	1.96
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-0.6%
ROE	-29.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €540 · 0.1% Current assets €746k · 99.9%

Equity & liabilities

Equity €16k · 2.1% Debt €730k · 97.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€746k
Fixed assets	21/28	€540
Tangible fixed assets	22/27	€0
Financial fixed assets	28	€540
Current assets	29/58	€746k
Amounts receivable within one year	40/41	€406k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€746k
Equity	10/15	€16k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€730k
Amounts payable after one year	17	€31k
Amounts payable within one year	42/48	€376k
Trade debts payable within one year	44	€12k
Income statement
Gross operating margin	9900	€-61k
Operating result	9901	€-64k
Financial income	75	€20k
Financial charges	65	€31k
Result before taxes	9903	€-75k
Income taxes	67/77	€5k
Net result for the period	9904	€-80k
Result to be appropriated	9905	€-80k

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	XAVIER IBARRONDO LASA OFF.PARK GREEN ALLEY,RUE DU PANIER VERT 70, 1400 NIVELLES-	17-02-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Private limited company (pre-2019)(015)
Incorporation	05-08-2011
Status	Active
Postal code	1380
First BS signal	21-02-2020
Latest BS signal	21-02-2020

Establishment units 1 location

-

Chaussée de Bruxelles 564, 1410 WaterlooOntwikkeling van residentiële bouwprojecten

since 20112.204.597.786

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.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25076F0143/00F002	Wallonia	1,511 m²	1 · 279 m²	-
25764Q0702/00B000	Wallonia	669 m²	1 · 93 m²	11.9 m · 3 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 9 events

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

2020

21-02-2020

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · BUILDING GROUP SPRL CHAUSSEE DE LOUVAIN 426, 1380 LASNE · event 17-02-2020

06-01-2020