CONSTRUCT ENGINEERING
InactiveCONSTRUCT ENGINEERING was declared bankrupt on 13-09-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde). The bankruptcy was closed by liquidation by judgment of 16-02-2026, published in the Belgian Official Gazette on 24-02-2026.
Summary
Inactive. The last annual accounts are for financial year 2017.
Overview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 09-08-2011 · bankruptcy closed on 16-02-2026
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2017
- Gross margin
- -€1,243
- ▲ 60.9%
- Loss
- €1,909
- ▼ 51.3%
- Equity
- -€1,961
- ▼ 3,620%
- Total assets
- €266,318
- ▲ 29.5%
Turnover not published (abbreviated or micro format)
Financials
Financials · financial year 2017, micro format
Annual accounts 2017 filed on 31-07-2018 PDF all 6 filings
Turnover
€67,028
EBIT margin
-4.4%
Net result
-€1,909▲ 51.3%
2016 · -€3,918
Working capital
-€254,888▼ 35.0%
2016 · -€188,778
Multi-year overview
2013 to 2017, 5 financial yearsTurnover
no figure
2017
20132017
Operating result
-€1,809
▲ 52.3%
2017
20132017
Net result
-€1,909
▲ 51.3%
2017
20132017
EBIT margin
no figure
2017
20132017
Equity
-€1,961
▼ 3,620%
2017
20132017
Total assets
€266,318
▲ 29.5%
2017
20132017
Debt
€268,279
▲ 30.4%
2017
20132017
Working capital
-€254,888
▼ 35.0%
2017
20132017
Staff (FTE)
no figure
2017
20132017
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Turnover€67,028
Operating result-€7,163-€21,076-€2,948-€3,792▼ 28.6%-€1,809▲ 52.3%
Net result-€11,535-€13,147-€3,129-€3,918▼ 25.2%-€1,909▲ 51.3%
EBIT margin-4.4%
Equity€6,847-€6,994▲ 2.1%€3,865▼ 44.7%-€53-€1,961▼ 3,620%
Total assets€140,756-€191,431▲ 36.0%€194,608▲ 1.7%€205,662▲ 5.7%€266,318▲ 29.5%
Debt€133,909-€184,437▲ 37.7%€190,743▲ 3.4%€205,715▲ 7.8%€268,279▲ 30.4%
Working capital-€129,697--€156,582▼ 20.7%-€115,724▲ 26.1%-€188,778▼ 63.1%-€254,888▼ 35.0%
Staff (FTE)0.4-0.8▲ 100%
The operating result for 2017 is a loss of €1,809, smaller than the loss of €3,792 in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €266,318
Fixed assets
€253,821 ▲ 31.8%
Current assets
€12,497 ▼ 4.0%
Equity and liabilities
Equity-€1,961
Debt€268,279
Equity is negative. Debt (€268,279) exceeds the balance-sheet total (€266,318).
Key figures and ratios
EBITDA
-€1,243▲
2016 · -€3,435
Cash flow
-€1,342▲
2016 · -€3,560
Solvency
-0.7%▼
2016 · 0.0%
Current ratio
0.05▼
2016 · 0.06
ROA
-0.7%▲
2016 · -1.9%
Debt ≤ 1 year
€267,385▲
2016 · €201,799
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €67,028 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €946 | €2,278 | €1,303 | €357 | €567 | ▲ 58.7% |
| Gross operating margin9900 | €6,596 | €42,720 | €775 | -€3,181 | -€1,243 | ▲ 60.9% |
| Operating profit (loss)9901 | -€7,163 | €21,076 | -€2,948 | -€3,792 | -€1,809 | ▲ 52.3% |
| Recurring financial income75 | €3 | €0 | €16 | - | - | - |
| Recurring financial charges65 | €5,659 | €7,929 | €197 | €126 | €99 | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | -€11,535 | €13,147 | -€3,129 | -€3,918 | -€1,909 | ▲ 51.3% |
| Profit (loss) for the period9904 | -€11,535 | €13,147 | -€3,129 | -€3,918 | -€1,909 | ▲ 51.3% |
| Profit (loss) for the period to be appropriated9905 | -€11,535 | €13,147 | -€3,129 | -€3,918 | -€1,909 | ▲ 51.3% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,756 | €191,431 | €194,608 | €205,662 | €266,318 | ▲ 29.5% |
| Fixed assets21/28 | €136,544 | €177,440 | €167,602 | €192,641 | €253,821 | ▲ 31.8% |
| Tangible fixed assets22/27 | €136,544 | €171,830 | €167,602 | €192,641 | €253,821 | ▲ 31.8% |
| Financial fixed assets28 | - | €5,610 | - | - | - | - |
| Current assets29/58 | €4,212 | €13,991 | €27,006 | €13,021 | €12,497 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €3,570 | €13,577 | €22,922 | €12,263 | €11,472 | ▼ 6.4% |
| Cash at bank and in hand54/58 | €642 | €291 | €4,084 | €758 | €1,025 | ▲ 35.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,756 | €191,431 | €194,608 | €205,662 | €266,318 | ▲ 29.5% |
| Equity10/15 | €6,847 | €6,994 | €3,865 | -€53 | -€1,961 | ▼ 3,620% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€11,753 | -€11,606 | -€14,735 | -€18,653 | -€20,561 | ▼ 10.2% |
| Amounts payable17/49 | €133,909 | €184,437 | €190,743 | €205,715 | €268,279 | ▲ 30.4% |
| Amounts payable after more than one year17 | - | €13,000 | - | - | - | - |
| Amounts payable within one year42/48 | €133,909 | €170,573 | €142,731 | €201,799 | €267,385 | ▲ 32.5% |
| Trade debts44 | €2,160 | €39,475 | €2,392 | €66,967 | €95,112 | ▲ 42.0% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,535 | €13,147 | -€3,129 | -€3,918 | -€1,909 | ▲ 51.3% |
| + Depreciation and write-downs630 | €946 | €2,278 | €1,303 | €357 | €567 | ▲ 58.7% |
| Operating cash flow (approximation) | -€10,589 | €15,425 | -€1,826 | -€3,560 | -€1,342 | ▲ 62.3% |
| Investment in fixed assets (approximation) | - | -€43,174 | €8,535 | -€25,397 | -€61,746 | ▼ 143% |
| Change in cash | - | -€351 | €3,793 | -€3,326 | €266 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2017 | micro format | 31-07-2018 | 2018-41700562 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58100206 | |
| 31-12-2015 | abbreviated format | 02-08-2016 | 2016-39500041 | |
| 31-12-2014 | abbreviated format | 11-08-2015 | 2015-42000023 | |
| 31-12-2013 | abbreviated format | 17-08-2014 | 2014-43400550 | |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-51200505 |
Board & ownership
Directors
Directors
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Trustee | Pieter Wauman Vijfstraten 57, 9100 Sint- Niklaas |
13-09-2021 → 16-02-2026 |
| Trustee | Lisa Heuninck Vijfstraten 57-59 24, 9100 Sint-Niklaas |
13-09-2021 → 16-02-2026 |
Owners and capital
Owners
Timeline
Acts, filings and financial milestones
2026
24-02
Bankruptcy
Bankruptcy closure (by liquidation)
Enterprise Court of Ghent, Dendermonde division · judgment of 16-02-2026
23-01
Bankruptcy
Supervising judge replaced
Enterprise Court of Ghent, Dendermonde division · judgment of 19-01-2026
2021
17-09
Bankruptcy
Bankruptcy declared
Enterprise Court of Ghent, Dendermonde division · judgment of 13-09-2021
2018
31-07
micro format · on the deadline day
2017
31-08
micro format · 31 days late
2016
02-08
abbreviated format · 2 days late
2015
11-08
abbreviated format · 11 days late
2014
31-12
Financial
Back to profitnet €13,147
The net result is €13,147, after one loss-making year.
17-08
abbreviated format · 17 days late
2013
28-08
abbreviated format · 28 days late
2011
09-08
9 publications in the Belgian Official Gazette, the last on 23-01-2026
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
CONSTRUCT ENGINEERING is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2017
- Last registered office
- Luxemburgstraat 20, 9140 Temseas published on 30 March 2021
- Legal form
- Private limited company
- First annual accounts
- financial year 2012