CAB-CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CAB-CONSTRUCT according to publications in the Belgian State Gazette; curator: GERRY BANKEN. The 2015 annual accounts show equity of €184k and a net result of €-100k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2015, abbreviated schema
Turnover
€498k▼ 48.5%
2014 · €966k
2014: €966k
2014 → 2015
EBIT margin
-58.2%▼ 48.0pp
2014 · -10.2%
2014: -10.2%
2014 → 2015
Net result
€-100k
2014 · €10k
2012: €-704
2013: €-259k
2014: €10k
2012 → 2015
Working capital
€46k
2014 · €-113k
2012: €-683k
2013: €-893k
2014: €-113k
2012 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2012201320142015Trend
Turnover€966k€498k▼ 48.5%
Equity€148k-€-125k€285k€184k▼ 35.3%
Operating result€82k-€-333k€-98k▲ 70.4%€-290k▼ 195%
Net result€-704-€-259k▼ 36,752%€10k€-100k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €290k in 2015 against €98k in 2014; the loss grows.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €2.63M
Fixed assets
€1.46M▼ 19.4%
Current assets
€1.17M▲ 29.1%
Equity and liabilities €2.63M
Equity
€184k▼ 35.3%
Debt
€2.45M▲ 0.6%
The debt ratio rises from 89.5% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-82k▼
2014 · €146k
Cash flow
€107k▼
2014 · €254k
Solvency
7.0%▼
2014 · 10.5%
Current ratio
1.04▲
2014 · 0.89
Quick ratio
0.97▲
2014 · 0.69
Debt / equity
7.14▲
2014 · 4.93
ROE
-54.5%▼
2014 · 3.6%
ROA
-3.8%▼
2014 · 0.4%
Debt
€2.45M▲
2014 · €2.43M
Debt ≤ 1 year
€1.13M▲
2014 · €1.02M
Debt > 1 year
€1.32M▼
2014 · €1.40M
Income taxes
€0=
2014 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2015 against 2014
Balance sheet
Code20142015
Assets
Total assets20/58€2.72M€2.63M▼
Formation expenses20€124k€92k▼
Fixed assets21/28€1.81M€1.46M▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€1.68M€1.36M▼
Financial fixed assets28€400€478▲
Current assets29/58€910k€1.17M▲
Stocks and contracts in progress3€203k€74k▼
Amounts receivable within one year40/41€680k€1.09M▲
Current investments50/53€0-
Cash at bank and in hand54/58€18k€25▼
Equity and liabilities
Total equity and liabilities10/49€2.72M€2.63M▼
Equity10/15€285k€184k▼
Contributions10/11€461k€461k=
Reserves13€276k€276k=
Profit (loss) carried forward14€-453k€-553k▼
Amounts payable17/49€2.43M€2.45M▲
Amounts payable after more than one year17€1.40M€1.32M▼
Amounts payable within one year42/48€1.02M€1.13M▲
Trade debts44€361k€366k▲
Income statement
Code20142015
Turnover70€966k€498k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€244k€208k▼
Gross operating margin9900€380k€121k▼
Operating profit (loss)9901€-98k€-290k▼
Recurring financial income75€6k€4k▼
Recurring financial charges65€110k€102k▼
Profit (loss) for the period before taxes9903€10k€-100k▼
Income taxes67/77€0€0=
Profit (loss) for the period9904€10k€-100k▼
Profit (loss) for the period to be appropriated9905€-194k€-100k▲
Timeline · acts, filings and financial milestones
2019
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · CAB-CONSTRUCT NV NIJVER- HEIDSLAAN 1500, 3660 OPGLABBEEK · event 11-06-2019
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 105 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 407 days late
2015
09-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 68 days late
2014
30-06
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
30-06
Financial
Equity above €200kEq €285k
Equity rises from €-125k to €285k.
20-02
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 20 days late
2013
30-06
Financial
Weakest financial yearnet €-259k
Net result drops to €-259k, the lowest in the series.
13-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 13 days late
2012
14-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 14 days late
2011
01-02
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 1 day late
2010
10-02
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 10 days late
2009
17-02
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 17 days late
2008
13-02
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oudsbergen · 1 establishment unit since 2002
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.
Nijverheidslaan 15003660 OudsbergenGround area
6,972 m²
Building footprint
4,278 m²
Volume, LiDAR
37,878 m³
Parcel 71562B0913/00G008, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nijverheidslaan 1500, 3660 Oudsbergen
since 20022.096.243.640
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0913/00G008 | Flanders | 6,972 m² | 1 · 4,278 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | GERRY BANKEN GROTESTRAAT 122, 3600 GENK- |
11-06-2019 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-01-2002
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
25110Manufacture of metal structures and parts of structures
28110
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.