CIERO CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CIERO CONSTRUCT according to publications in the Belgian State Gazette; curator: FRANCIS BRINGARD. The 2024 annual accounts show equity of €39k and a net result of €-27k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
22 d early
2022
29 d late
2021
7 d early
2020
30 d late
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-27k
2023 · €7k
2018: €17k
2019: €25k
2020: €81k
2021: €77k
2022: €-173k
2023: €7k
2018 → 2024
Working capital
€37k▼ 33.1%
2023 · €56k
2018: €72k
2019: €59k
2020: €144k
2021: €223k
2022: €49k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€154k-€231k▲ 49.9%€59k▼ 74.7%€66k▲ 12.3%€39k▼ 40.9%
Operating result€106k-€103k▼ 2.2%€-170k€8k€-26k
Net result€81k-€77k▼ 5.5%€-173k€7k€-27k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €26k after €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€3k▼ 84.4%
Current assets
€46k▼ 42.8%
Equity and liabilities €48k
Equity
€39k▼ 40.9%
Debt
€9k▼ 70.3%
The debt ratio falls from 32.7% to 19.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-25k▼
2023 · €14k
Cash flow
€-26k▼
2023 · €13k
Solvency
80.4%▲
2023 · 67.3%
Current ratio
5.43▲
2023 · 3.31
Quick ratio
5.43▲
2023 · 3.31
Debt / equity
0.24▼
2023 · 0.49
ROE
-69.2%▼
2023 · 11.0%
ROA
-55.6%▼
2023 · 7.4%
Interest coverage
-43.88▼
2023 · 14.86
Debt
€9k▼
2023 · €32k
Debt ≤ 1 year
€8k▼
2023 · €24k
Income taxes
€140▲
2023 · €132
Staff costs
€100k▲
2023 · €99k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€98k€48k▼
Fixed assets21/28€18k€3k▼
Tangible fixed assets22/27€18k€3k▼
Furniture and vehicles24€18k€3k▼
Financial fixed assets28€540-
Current assets29/58€80k€46k▼
Amounts receivable within one year40/41€60k€31k▼
Trade receivables40€55k€25k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€12k€11k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€98k€48k▼
Equity10/15€66k€39k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€45k€18k▼
Amounts payable17/49€32k€9k▼
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€24k€8k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€9k€768▼
Taxes450/3€8k€237▼
Remuneration and social security454/9€927€531▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€99k€100k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€905▼
Other operating charges640/8€732€3k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€114k€81k▼
Operating profit (loss)9901€8k€-26k▼
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€913€576▼
Recurring financial charges65€913€576▼
Profit (loss) for the period before taxes9903€7k€-27k▼
Income taxes67/77€132€140▲
Profit (loss) for the period9904€7k€-27k▼
Profit (loss) for the period to be appropriated9905€7k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€18k▼
Profit (loss) brought forward from the previous period14P€38k€45k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · CIERO CONSTRUCT SRL RUE SAINT CHRISTOPHE 43, 6140 FONTAINE-L’EVEQUE · event 22-09-2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-173k ▼324%
Net result drops to €-173k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €231k ▲49.9%
4 profitable years in a row build equity to €231k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €81k ▲222%
Operating result €106k, net result €81k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.06
Current ratio from 2.44 to 5.06; short-term debt falls from €41k to €35k.
31-12
Financial
Equity above €150kEq €154k ▲112%
3 profitable years in a row build equity to €154k.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 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.
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, Fontaine-l'Evêque · 1 establishment unit since 2015
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.
Rue Saint Christophe(F-E) 436140 Fontaine-l'EvêqueGround area
908 m²
Building footprint
171 m²
Parcel 52047A0017/00C036, Wallonia. Linked by address, not a title deed.
1 establishment unit
CIERO CONSTRUCT
since 20152.247.287.189
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52047A0017/00C036 | Wallonia | 908 m² | 1 · 171 m² | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 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 | FRANCIS BRINGARD RUE ’T SERCLAES DE TILLY 49,
6061 MONTIGNIES-SUR-SAMBRE- .
Date provisoire de cessation de paiement : 22/09/2025 |
22-09-2025 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,833 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.