CIVITAS CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for CIVITAS CONSTRUCT according to publications in the Belgian State Gazette; curator: BART MANNAERT. The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (€-3.44M) and a net result of €-1.80M.
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 →
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
Financials · fiscal year 2022, abbreviated schema
Equity
€-3.44M▼ 110%
2021 · €-1.64M
2020: €-187k
2021: €-1.64M
2020 → 2022
Total assets
€72k▼ 92.8%
2021 · €995k
2020: €1.38M
2021: €995k
2020 → 2022
Net result
€-1.80M▼ 23.7%
2021 · €-1.45M
2020: €-205k
2021: €-1.45M
2020 → 2022
Working capital
€-3.43M▼ 115%
2021 · €-1.59M
2020: €-184k
2021: €-1.59M
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€-187k-€-1.64M▼ 778%€-3.44M▼ 110%
Operating result€-205k-€-1.45M▼ 608%€-1.80M▼ 23.7%
Net result€-205k-€-1.45M▼ 608%€-1.80M▼ 23.7%
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 €1.80M in 2022 against €1.45M 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 €72k
Fixed assets
€226▼ 61.3%
Current assets
€71k▼ 92.8%
Key figures and ratios
EBITDA
€-1.80M▼
2021 · €-1.45M
Cash flow
€-1.80M▼
2021 · €-1.45M
Current ratio
0.02▼
2021 · 0.38
Quick ratio
0.02▼
2021 · 0.38
Debt / equity
-1.02
Interest coverage
-4114.15
Debt
€3.51M▲
2021 · €2.63M
Debt ≤ 1 year
€3.51M▲
2021 · €2.59M
Staff costs
€40k
A ratio outside any meaningful range has been withheld (balance sheet total €72k, equity €-3.44M).
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€995k€72k▼
Fixed assets21/28€584€226▼
Tangible fixed assets22/27€584€226▼
Plant, machinery and equipment23-€226
Current assets29/58€995k€71k▼
Stocks and contracts in progress3€718k-
Amounts receivable within one year40/41€263k€32k▼
Other amounts receivable41-€32k
Cash at bank and in hand54/58€8k€39k▲
Equity and liabilities
Total equity and liabilities10/49€995k€72k▼
Equity10/15€-1.64M€-3.44M▼
Contributions10/11-€19k
Profit (loss) carried forward14€-1.66M€-3.45M▼
Amounts payable17/49€2.63M€3.51M▲
Amounts payable within one year42/48€2.59M€3.51M▲
Trade debts44€62k€547k▲
Suppliers440/4-€547k
Taxes, remuneration and social security45-€6k
Remuneration and social security454/9-€6k
Other amounts payable47/48-€2.95M
Accrued charges and deferred income492/3-€1k
Income statement
Code20212022
Remuneration, social security and pensions62-€40k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358€358=
Other operating charges640/8-€102
Non-recurring operating charges66A-€160k
Gross operating margin9900€-1.40M€-1.60M▼
Operating profit (loss)9901€-1.45M€-1.80M▼
Financial charges65/66B-€436
Recurring financial charges65€437€436▼
Profit (loss) for the period before taxes9903€-1.45M€-1.80M▼
Profit (loss) for the period9904€-1.45M€-1.80M▼
Profit (loss) for the period to be appropriated9905€-1.45M€-1.80M▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-3.45M
Profit (loss) brought forward from the previous period14P-€-1.66M
Social balance
Average headcount (FTE)9087-0.8
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
KBO administration
Address struck
2024
12-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CIVITAS CONSTRUCT BV RING 48/101, 2200 HERENTALS · event 02-04-2024
2023
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €-1.80M
Net result drops to €-1.80M, 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.
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
1 establishment unit since 2019
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.
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
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 | BART MANNAERT GERHEIDEN 66, 2250 OLEN- |
02-04-2024 → present |
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.