CEZAR CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CEZAR CONSTRUCT according to publications in the Belgian State Gazette; curator: CHARLOTTE SAS.
Summary
The 2021 annual accounts show equity of €17k and a net result of €13k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 09-09-2022, 40 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
40 d late
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€17k▲ 283%
2020 · €4k
2020: €4k
2020 → 2021
Total assets
€22k▲ 60.2%
2020 · €13k
2020: €13k
2020 → 2021
Net result
€13k
2020 · €-2k
2020: €-2k
2020 → 2021
Working capital
€14k
2020 · €-1k
2020: €-1k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€4k-€17k▲ 283%
Operating result€-2k-€16k
Net result€-2k-€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €16k after a loss of €2k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €22k
Fixed assets
€3k ▼ 39.6%
Current assets
€18k ▲ 135%
Equity and liabilities €22k
Equity
€17k ▲ 283%
Debt
€5k ▼ 49.4%
Debt's share of the balance-sheet total falls from 67.0% to 21.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2020 · €-394
Cash flow
€15k▲
2020 · €-404
Current ratio
3.97▲
2020 · 0.86
Debt to equity
0.27
ROE
73.9%▲
2020 · -35.0%
ROA
58.2%▲
2020 · -11.5%
Interest coverage
147.53
Debt ≤ 1 year
€5k▼
2020 · €9k
Income taxes
€4k
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 · 33 lines
Balance sheet
Code20202021
Assets
Total assets20/58€13k€22k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24-€3k
Current assets29/58€8k€18k▲
Amounts receivable within one year40/41€1k€14k▲
Trade receivables40-€2k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€13k€22k▲
Equity10/15€4k€17k▲
Contributions10/11-€6k
Profit (loss) carried forward14€-2k€11k▲
Amounts payable17/49€9k€5k▼
Amounts payable within one year42/48€9k€5k▼
Trade debts44€1k€757▼
Suppliers440/4-€757
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€8k
Gross operating margin9900€-394€26k▲
Operating profit (loss)9901€-2k€16k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€127
Recurring financial charges65€10€127▲
Profit (loss) for the period before taxes9903€-2k€16k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-2k€13k▲
Profit (loss) for the period to be appropriated9905€-2k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11k
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
21-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CEZAR CONSTRUCT BV BERGENSESTEENWEG 421/13, 1600 SINT-PIETERS-LEEUW · event 15-11-2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 3.97
Current ratio from 0.86 to 3.97; short-term debt falls from €9k to €5k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
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.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
8,425 m²
Building footprint
1,442 m²
Volume, LiDAR
1,050 m³
2 parcels, Brussels, Flanders · tallest building 17.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vifquinstraat 43, 1030 Schaarbeek
since 20202.300.648.077
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21906D0324/00G009 | Brussels | 113 m² | 1 · 112 m² | 17.6 m · 3 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
15-11-2022 → present |
Similar companies · same sector, comparable size
EDEL CONSTRUCT
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Oromex
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AXIVEL
BE 0665.765.933
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FIDANOV CONSTRUCT
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,081 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.