CIVITAS CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CIVITAS CONSTRUCT according to publications in the Belgian State Gazette; curator: BART MANNAERT.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€3.4m) and a net result of -€1.8m.
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, Turnhout division
- Declared bankrupt
- 2 April 2024
- Supervising judge
- Guido Ceulemans
- Official Gazette
- 12-04-2024 (pdf) ↗search the document for 2024/115080
Deadlines
- Provisional date payments stopped
- 2 April 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 27 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 2 May 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 14 May 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 2 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Bart MannaertGerheiden 66, 2250 Oleninfo@profius.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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 19-01-2023, 12 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
12 d early
2021
20 d early
2020
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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?List enrichment How is the Development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€3.4m▼ 110%
2021 · -€1.6m
Total assets
€71,713▼ 92.8%
2021 · €995,395
Net result
-€1.8m▼ 23.7%
2021 · -€1.5m
Working capital
-€3.4m▼ 115%
2021 · -€1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result-€205,159--€1.5m▼ 608%-€1.8m▼ 23.7%
Net result-€205,211below the sector's middle half--€1.5mbelow the sector's middle half▼ 608%-€1.8mbelow the sector's middle half▼ 23.7%
Equity-€186,611below the sector's middle half--€1.6mbelow the sector's middle half▼ 778%-€3.4mbelow the sector's middle half▼ 110%
Total assets€1.4mwithin the sector's middle half-€995,395within the sector's middle half▼ 27.9%€71,713below the sector's middle half▼ 92.8%
Debt€1.6m-€2.6m▲ 68.0%€3.5m▲ 33.1%
Working capital-€184,153--€1.6m▼ 766%-€3.4m▼ 115%
Solvency-13.5%below the sector's middle half--164.6%below the sector's middle half▼ 151.1pp
Staff (FTE)1within the sector's middle half-0.8below the sector's middle half▼ 20.0%0.8within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
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 €1.8m in 2022 against €1.5m in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €71,713
Fixed assets
€226 ▼ 61.3%
Current assets
€71,487 ▼ 92.8%
Key figures and ratios
EBITDA
-€1.8m▼
2021 · -€1.5m
Cash flow
-€1.8m▼
2021 · -€1.5m
Current ratio
0.02▼
2021 · 0.38
Debt to equity
-1.02
Interest coverage
-4114.15
Debt ≤ 1 year
€3.5m▲
2021 · €2.6m
Staff costs
€40,407
A ratio outside any meaningful range has been withheld (balance sheet total €71,713, equity -€3.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €40,407 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €131 | €358 | €358 | = |
| Other operating charges640/8 | - | - | €102 | - |
| Non-recurring operating charges66A | - | - | €160,000 | - |
| Gross operating margin9900 | -€182,442 | -€1.4m | -€1.6m | ▼ 13.6% |
| Operating profit (loss)9901 | -€205,159 | -€1.5m | -€1.8m | ▼ 23.7% |
| Financial charges65/66B | - | - | €436 | - |
| Recurring financial charges65 | €52 | €437 | €436 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | -€205,211 | -€1.5m | -€1.8m | ▼ 23.7% |
| Profit (loss) for the period9904 | -€205,211 | -€1.5m | -€1.8m | ▼ 23.7% |
| Profit (loss) for the period to be appropriated9905 | -€205,211 | -€1.5m | -€1.8m | ▼ 23.7% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.4m | €995,395 | €71,713 | ▼ 92.8% |
| Fixed assets21/28 | €942 | €584 | €226 | ▼ 61.3% |
| Tangible fixed assets22/27 | €942 | €584 | €226 | ▼ 61.3% |
| Plant, machinery and equipment23 | - | - | €226 | - |
| Current assets29/58 | €1.4m | €994,811 | €71,487 | ▼ 92.8% |
| Stocks and contracts in progress3 | €1.1m | €718,167 | - | - |
| Amounts receivable within one year40/41 | €207,965 | €262,965 | €32,007 | ▼ 87.8% |
| Other amounts receivable41 | - | - | €32,007 | - |
| Cash at bank and in hand54/58 | €59,158 | €7,825 | €39,480 | ▲ 405% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.4m | €995,395 | €71,713 | ▼ 92.8% |
| Equity10/15 | -€186,611 | -€1.6m | -€3.4m | ▼ 110% |
| Contributions10/11 | - | - | €18,600 | - |
| Profit (loss) carried forward14 | -€205,211 | -€1.7m | -€3.5m | ▼ 108% |
| Amounts payable17/49 | €1.6m | €2.6m | €3.5m | ▲ 33.1% |
| Amounts payable within one year42/48 | €1.6m | €2.6m | €3.5m | ▲ 35.4% |
| Trade debts44 | €514,390 | €62,258 | €546,973 | ▲ 779% |
| Suppliers440/4 | - | - | €546,973 | - |
| Taxes, remuneration and social security45 | - | - | €6,068 | - |
| Remuneration and social security454/9 | - | - | €6,068 | - |
| Other amounts payable47/48 | - | - | €3.0m | - |
| Accrued charges and deferred income492/3 | - | - | €1,080 | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€205,211 | -€1.5m | -€1.8m | ▼ 23.7% |
| + Depreciation and write-downs630 | €131 | €358 | €358 | = |
| Operating cash flow (approximation) | -€205,080 | -€1.5m | -€1.8m | ▼ 23.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€51,333 | €31,655 | ▲ 162% |
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
2025
29-08
KBO administration
Address struck
2024
12-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 02-04-2024
2023
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet -€1.8m
Net result drops to -€1.8m, the lowest in the series.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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.
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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, Herentals · 1 establishment unit since 2019
Ground area
1,773 m²
Building footprint
1,561 m²
Volume, LiDAR
8,378 m³
2 parcels, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CIVITAS CONSTRUCT
since 20192.292.388.726
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027B0144/00G004 | Flanders | 1,149 m² | 1 · 330 m² | 9.0 m · 1 fl. |
| 12322I0272/00K003 | Flanders | 625 m² | 1 · 1,232 m² | 10.8 m · 1 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 | BART MANNAERT GERHEIDEN 66, 2250 OLEN- |
02-04-2024 → present |
Structure & network
Owners and holdings
2 ownersOwners 2
-
33.33%
- Sourceaccounts PILEUS 202533.33%
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.
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 750 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.