BUILDING TECHNICAL MANAGEMENT & SERVICES
Open bankruptcyA bankruptcy procedure is open for BUILDING TECHNICAL MANAGEMENT & SERVICES according to publications in the Belgian State Gazette; curator: MARC-ALAIN SPEIDEL.
Summary
The 2024 annual accounts show equity of €133,704 and a net result of €17,808.
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 Walloon Brabant
- Declared bankrupt
- 5 March 2026
- Supervising judge
- Jean Pierre Riquet
- Official Gazette
- 19-03-2026 (pdf) ↗search the document for 2026/111589
Deadlines
- Appeal or third-party opposition until
- passed on 3 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 April 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 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Marc-Alain SpeidelChaussee De Louvain 523, 1380 Lasnemas@aceris.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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3557 sector peers (2024).
NBB · sector comparisonPosition among 3557 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
1 d late
2022
6 d early
2021
31 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 Are there other customers at risk in your own list?Process a list How is the Demolition sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,808▼ 39.8%
2023 · €29,596
Working capital
€22,727▼ 34.9%
2023 · €34,896
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€55,799▲ 87.9%€6,171▼ 88.9%€25,598▲ 315%€39,806▲ 55.5%€23,737▼ 40.4%
Net result€38,255above the sector's middle half▲ 103%-€3,407below the sector's middle half€3,030within the sector's middle half€29,596within the sector's middle half▲ 877%€17,808within the sector's middle half▼ 39.8%
Equity€86,678within the sector's middle half▲ 79.0%€83,271within the sector's middle half▼ 3.9%€86,301within the sector's middle half▲ 3.6%€115,896within the sector's middle half▲ 34.3%€133,704within the sector's middle half▲ 15.4%
Total assets€2.6mabove the sector's middle half▲ 4.4%€2.5mabove the sector's middle half▼ 4.8%€2.8mabove the sector's middle half▲ 9.9%€2.8mabove the sector's middle half▲ 1.2%€2.5mabove the sector's middle half▼ 11.3%
Debt€2.6m▲ 3.0%€2.4m▼ 4.8%€2.7m▲ 10.1%€2.7m▲ 0.1%€2.3m▼ 12.4%
Working capital€86,678above the sector's middle half▲ 79.0%€83,271within the sector's middle half▼ 3.9%€86,301within the sector's middle half▲ 3.6%€34,896within the sector's middle half▼ 59.6%€22,727within the sector's middle half▼ 34.9%
Solvency3.3%below the sector's middle half▲ 1.4pp3.3%below the sector's middle half=3.1%below the sector's middle half▼ 0.2pp4.1%below the sector's middle half▲ 1.0pp5.4%below the sector's middle half▲ 1.2pp
Current ratio1.44within the sector's middle half▲ 0.052.11within the sector's middle half▲ 0.681.27within the sector's middle half▼ 0.841.09below the sector's middle half▼ 0.181.22within the sector's middle half▲ 0.14
Return on assets (ROA)1.4%within the sector's middle half▲ 0.7pp-0.1%below the sector's middle half▼ 1.6pp0.1%below the sector's middle half▲ 0.2pp1.1%within the sector's middle half▲ 0.9pp0.7%within the sector's middle half▼ 0.3pp
Staff (FTE)1within the sector's middle half=1=1=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.4m =
Current assets
€124,940 ▼ 71.6%
Equity and liabilities €2.5m
Equity
€133,704 ▲ 15.4%
Debt
€2.3m ▼ 12.4%
Debt's share of the balance-sheet total falls from 95.9% to 94.6%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
17.57▼
2023 · 23.14
ROE
13.3%▼
2023 · 25.5%
Debt ≤ 1 year
€102,213▼
2023 · €405,623
Debt > 1 year
€2.2m▼
2023 · €2.3m
Income taxes
€5,670▼
2023 · €13,850
Staff costs
€105,498▲
2023 · €100,379
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 | - | €95,600 | €85,701 | €100,379 | €105,498 | ▲ 5.1% |
| Other operating charges640/8 | - | €1,740 | €11,688 | €2,331 | €2,410 | ▲ 3.4% |
| Gross operating margin9900 | €152,325 | €103,511 | €122,987 | €142,516 | €131,645 | ▼ 7.6% |
| Operating profit (loss)9901 | €55,799 | €6,171 | €25,598 | €39,806 | €23,737 | ▼ 40.4% |
| Financial income75/76B | - | - | - | €4,962 | - | - |
| Recurring financial income75 | €193 | - | - | €4,962 | - | - |
| Non-recurring financial income76B | - | - | - | €4,962 | - | - |
| Financial charges65/66B | - | €1,686 | €17,841 | €1,323 | €259 | ▼ 80.4% |
| Recurring financial charges65 | €1,355 | €1,686 | €17,841 | €1,323 | €259 | ▼ 80.4% |
| Profit (loss) for the period before taxes9903 | €54,637 | €4,485 | €7,758 | €43,446 | €23,478 | ▼ 46.0% |
| Income taxes67/77 | €16,382 | €7,892 | €4,728 | €13,850 | €5,670 | ▼ 59.1% |
| Profit (loss) for the period9904 | €38,255 | -€3,407 | €3,030 | €29,596 | €17,808 | ▼ 39.8% |
| Profit (loss) for the period to be appropriated9905 | €38,255 | -€3,407 | €3,030 | €29,596 | €17,808 | ▼ 39.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.5m | €2.8m | €2.8m | €2.5m | ▼ 11.3% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Financial fixed assets28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Current assets29/58 | €285,306 | €158,149 | €408,025 | €440,519 | €124,940 | ▼ 71.6% |
| Amounts receivable within one year40/41 | €285,174 | €154,705 | €393,281 | €434,957 | €119,440 | ▼ 72.5% |
| Trade receivables40 | - | €78,228 | €360,228 | €410,000 | €88,200 | ▼ 78.5% |
| Other amounts receivable41 | - | €76,477 | €33,052 | €24,957 | €31,240 | ▲ 25.2% |
| Cash at bank and in hand54/58 | €132 | €2,396 | €13,526 | €2,866 | €3,029 | ▲ 5.7% |
| Deferred charges and accrued income490/1 | - | €1,048 | €1,218 | €2,696 | €2,471 | ▼ 8.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.5m | €2.8m | €2.8m | €2.5m | ▼ 11.3% |
| Equity10/15 | €86,678 | €83,271 | €86,301 | €115,896 | €133,704 | ▲ 15.4% |
| Contributions10/11 | €135,000 | €135,000 | €135,000 | €135,000 | €135,000 | = |
| Capital10 | - | €135,000 | €135,000 | €135,000 | €135,000 | = |
| Issued capital100 | - | €135,000 | €135,000 | €135,000 | €135,000 | = |
| Profit (loss) carried forward14 | -€48,322 | -€51,729 | -€48,699 | -€19,104 | -€1,296 | ▲ 93.2% |
| Amounts payable17/49 | €2.6m | €2.4m | €2.7m | €2.7m | €2.3m | ▼ 12.4% |
| Amounts payable after more than one year17 | €2.4m | €2.4m | €2.4m | €2.3m | €2.2m | ▼ 1.3% |
| Financial debts170/4 | - | €2.4m | €2.4m | €2.3m | €2.2m | ▼ 1.3% |
| Amounts payable within one year42/48 | €198,628 | €74,879 | €321,724 | €405,623 | €102,213 | ▼ 74.8% |
| Current portion of amounts payable after more than one year42 | - | €4,748 | - | - | - | - |
| Trade debts44 | €20,104 | €698 | €12,793 | €0 | €41,989 | - |
| Suppliers440/4 | - | €698 | €12,793 | €0 | €41,989 | - |
| Advances received on contracts in progress46 | - | - | - | €346,239 | - | - |
| Taxes, remuneration and social security45 | - | €69,432 | €41,319 | €59,342 | €60,059 | ▲ 1.2% |
| Taxes450/3 | - | €55,973 | €19,801 | €40,854 | €34,605 | ▼ 15.3% |
| Remuneration and social security454/9 | - | €13,459 | €21,517 | €18,488 | €25,454 | ▲ 37.7% |
| Other amounts payable47/48 | - | - | €267,613 | €41 | €166 | ▲ 303% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,255 | -€3,407 | €3,030 | €29,596 | €17,808 | ▼ 39.8% |
| Operating cash flow (approximation) | €38,255 | -€3,407 | €3,030 | €29,596 | €17,808 | ▼ 39.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,264 | €11,130 | -€10,660 | €162 | ▲ 102% |
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
19-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 05-03-2026
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
31-12
Financial
Equity above €100,000Eq €115,896 ▲34.3%
2 profitable years in a row build equity to €115,896.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,030
Net result €3,030 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€3,407
Net result drops to -€3,407, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €38,255 ▲103%
Operating result €55,799, net result €38,255, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
Show earlier events
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Ath · 1 establishment unit since 2007
Ground area
4,619 m²
Building footprint
477 m²
Volume, LiDAR
3,199 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Smeyers-Fabel
since 20072.159.730.041
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25104A0186/00E000 | Wallonia | 2,659 m² | 1 · 143 m² | 9.8 m · 3 fl. |
| 51036C0141/00C000 | Wallonia | 1,960 m² | 1 · 334 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
05-03-2026 → present |
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- 100%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,366 companies in sector 43110 we hold annual accounts for 635. 500 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-09-2006
Fiscal year end31-12
Abbreviation FR
BTMS
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43211General electrical installation work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883326342
Registered
22-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.