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BUILDING WORLD

Open bankruptcy
Public limited companyfounded 1998Baan naar Bree 121, 3990 Peer, BelgiumKBO/BCE: BE 0464.295.052
Summary

A bankruptcy procedure is open for BUILDING WORLD according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (-€769,157) and a net result of -€1,716.

BUILDING WORLDOpen bankruptcy

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 Antwerp, Hasselt division
Declared bankrupt
25 April 2024
Supervising judge
Hilde Claes
Official Gazette
02-05-2024 (pdf) ↗search the document for 2024/117935

Deadlines

Provisional date payments stopped
15 November 2023Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 17 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 May 2024art. XX.104 and XX.155 CEL
First verification report
passed on 6 June 2024Goods 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
passed on 25 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BUILDING WORLD was incorporated on 6 October 1998.1 The company has filed 23 sets of annual accounts, the latest for fiscal year 2021.2 On 25 April 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 02-05-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
-€769,157▼ 0.4%
2020 · -€766,231
Total assets
€2▼ 74.3%
2020 · €9
Net result
-€1,716▲ 99.8%
2020 · -€868,503
Working capital
-€769,157▼ 0.4%
2020 · -€766,231
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-€2,568--€1,930▲ 24.9%-€837,098▼ 43,273%-€1,080▲ 99.9%
Net result-€8,267--€2,285▲ 72.4%-€868,503▼ 37,906%-€1,716▲ 99.8%
Equity€104,557-€102,272▼ 2.2%-€766,231-€769,157▼ 0.4%
Total assets€871,036-€870,960=€9▼ 100.0%€2▼ 74.3%
Debt€766,479-€768,688▲ 0.3%€766,240▼ 0.3%€769,159▲ 0.4%
Working capital-€766,376--€768,661▼ 0.3%-€766,231▲ 0.3%-€769,157▼ 0.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2018: -€2,568-€2,568Net result 2018: -€8,267-€8,267Operating result 2019: -€1,930-€1,930Net result 2019: -€2,285-€2,285Operating result 2020: -€837,098-€837,098Net result 2020: -€868,503-€868,503Operating result 2021: -€1,080-€1,080Net result 2021: -€1,716-€1,7162018201920202021-€1m-€750,000-€500,000-€250,000€0Operating result 2019: -€1,930-€1,930Net result 2019: -€2,285-€2,290Operating result 2020: -€837,098-€837,000Net result 2020: -€868,503-€869,000Operating result 2021: -€1,080-€1,080Net result 2021: -€1,716-€1,720201920202021
The operating result stays negative: a loss of €1,080 in 2021 against €837,098 in 2020; the loss shrinks.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€1,080▼
2020 · €2,585
Cash flow
-€1,716▲
2020 · -€28,819
Interest coverage
-1.70
Debt ≤ 1 year
€769,159▲
2020 · €766,240
Ratios withheld: a balance sheet total of €2 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 28 lines
Balance sheet Code20202021
Assets
Total assets20/58€9€2▼
Current assets29/58€9€2▼
Cash at bank and in hand54/58€9€2▼
Equity and liabilities
Total equity and liabilities10/49€9€2▼
Equity10/15-€766,231-€769,157▼
Contributions10/11€309,867€309,867=
Capital10-€309,867
Issued capital100-€1.2m
Uncalled capital101-€929,601
Profit (loss) carried forward14-€1.1m-€1.1m▼
Amounts payable17/49€766,240€769,159▲
Amounts payable within one year42/48€766,240€769,159▲
Trade debts44€4,658€876▼
Suppliers440/4-€876
Other amounts payable47/48-€768,283
Income statement Code20202021
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€839,684€0▼
Other operating charges640/8-€930
Gross operating margin9900€3,355-€150▼
Operating profit (loss)9901-€837,098-€1,080▲
Financial charges65/66B-€636
Recurring financial charges65€155€636▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903-€868,503-€1,716▲
Profit (loss) for the period9904-€868,503-€1,716▲
Profit (loss) for the period to be appropriated9905-€868,503-€1,716▲
Appropriation of the result
Profit (loss) to be appropriated9906--€1.1m
Profit (loss) brought forward from the previous period14P--€1.1m

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Non-recurring operating income76A---€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€839,684€0▼ 100%
Other operating charges640/8---€930-
Gross operating margin9900-€770-€1,000€3,355-€150▼ 104%
Operating profit (loss)9901-€2,568-€1,930-€837,098-€1,080▲ 99.9%
Financial charges65/66B---€636-
Recurring financial charges65€5,699€355€155€636▲ 311%
Non-recurring financial charges66B---€0-
Profit (loss) for the period before taxes9903-€8,267-€2,285-€868,503-€1,716▲ 99.8%
Profit (loss) for the period9904-€8,267-€2,285-€868,503-€1,716▲ 99.8%
Profit (loss) for the period to be appropriated9905-€8,267-€2,285-€868,503-€1,716▲ 99.8%
Line2018201920202021Change
Assets
Total assets20/58€871,036€870,960€9€2▼ 74.3%
Fixed assets21/28€870,934€870,934---
Intangible fixed assets21€839,684€839,684---
Financial fixed assets28€31,250€31,250---
Current assets29/58€103€27€9€2▼ 74.3%
Cash at bank and in hand54/58€103€27€9€2▼ 74.3%
Equity and liabilities
Total equity and liabilities10/49€871,036€870,960€9€2▼ 74.3%
Equity10/15€104,557€102,272-€766,231-€769,157▼ 0.4%
Contributions10/11€309,867€309,867€309,867€309,867=
Capital10---€309,867-
Issued capital100---€1.2m-
Uncalled capital101---€929,601-
Profit (loss) carried forward14-€205,309-€207,595-€1.1m-€1.1m▼ 0.3%
Amounts payable17/49€766,479€768,688€766,240€769,159▲ 0.4%
Amounts payable within one year42/48€766,479€768,688€766,240€769,159▲ 0.4%
Trade debts44€8,026€8,096€4,658€876▼ 81.2%
Suppliers440/4---€876-
Other amounts payable47/48---€768,283-
Line2018201920202021Change
Profit (loss) for the period9904-€8,267-€2,285-€868,503-€1,716▲ 99.8%
+ Depreciation and write-downs630--€839,684€0▼ 100%
Operating cash flow (approximation)-€8,267-€2,285-€28,819-€1,716▲ 94.0%
Investment in fixed assets (approximation)-€0---
Change in cash--€76-€17-€7▲ 59.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
02-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 25-04-2024
2023
16-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 200 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€868,503
Net result drops to -€868,503, the lowest in the series.
09-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
09-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 436 days late
2018
30-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
16-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 47 days late
2013
30-09
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 61 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Peer · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
2,969 m²
Building footprint
743 m²
Volume, LiDAR
3,307 m³
Parcel 72010D0363/00Z003, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
BUILDING WORLD
Baan naar Bree 121, 3990 PeerManufacture of basic metals
since 19982.088.851.646
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72010D0363/00Z003 Flanders 2,969 m² 1 · 742 m² 13.9 m · 2 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

3 mandates
Role Name Tenure
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
25-04-2024 → present
Curator SOFIE REPRIELS
GENKER- STEENWEG 302, 3500 HASSELT
25-04-2024 → present
Curator FREDERICK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
25-04-2024 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Immo Maas en Kempen 100%
  2. BUILDING WORLD

Highest known parent: Immo Maas en Kempen. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

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.

Identification & contact

Identification
Legal formPublic limited company
Founded06-10-1998
Fiscal year end31-12
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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.