CONSTRUCTION ALTERNATIVE
Open bankruptcyA bankruptcy procedure is open for CONSTRUCTION ALTERNATIVE according to publications in the Belgian State Gazette; curator: LUCIEN BIEVA.
Summary
The 2022 annual accounts show equity of €34,588 and a net result of -€14,177.
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 Hainaut, Tournai division
- Declared bankrupt
- 16 January 2024
- Supervising judge
- Liliane Stradiot
- Official Gazette
- 23-01-2024 (pdf) ↗search the document for 2024/102381
Deadlines
- Provisional date payments stopped
- 16 January 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 7 February 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 February 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 March 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 16 January 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Lucien BievaPlace De Wattripont 8, 7910 Anvaing- . Date provisoire de cessation de paiement : 16/01/2024lucien.bieva@avocat.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
Three 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 31-12-2022 was due by 31-07-2023 and was filed on 13-06-2023, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
48 d early
2021
31 d late
2020
26 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
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 Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€34,588▼ 29.1%
2021 · €48,765
Total assets
€98,084▼ 39.7%
2021 · €162,656
Net result
-€14,177▲ 33.0%
2021 · -€21,148
Working capital
€38,140▲ 234%
2021 · €11,416
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20182019202020212022
Operating result-€291--€2,235▼ 668%€11,480-€19,477-€11,618▲ 40.4%
Net result-€598-€3,703€4,530within the sector's middle half▲ 22.3%-€21,148below the sector's middle half-€14,177below the sector's middle half▲ 33.0%
Equity€61,681-€65,384▲ 6.0%€69,914within the sector's middle half▲ 6.9%€48,765within the sector's middle half▼ 30.2%€34,588within the sector's middle half▼ 29.1%
Total assets€196,730-€292,260▲ 48.6%€294,638above the sector's middle half▲ 0.8%€162,656within the sector's middle half▼ 44.8%€98,084within the sector's middle half▼ 39.7%
Debt€135,049-€226,877▲ 68.0%€224,725▼ 0.9%€113,891▼ 49.3%€63,496▼ 44.2%
Working capital€4,820-€64,835▲ 1,245%€45,027within the sector's middle half▼ 30.6%€11,416within the sector's middle half▼ 74.6%€38,140within the sector's middle half▲ 234%
Solvency31.4%-22.4%▼ 9.0pp23.7%within the sector's middle half▲ 1.4pp30.0%within the sector's middle half▲ 6.3pp35.3%within the sector's middle half▲ 5.3pp
Current ratio1.04-1.42▲ 0.381.28within the sector's middle half▼ 0.141.15within the sector's middle half▼ 0.121.80within the sector's middle half▲ 0.64
Return on assets (ROA)-0.3%-1.3%▲ 1.6pp1.5%within the sector's middle half▲ 0.3pp-13.0%below the sector's middle half▼ 14.5pp-14.5%below the sector's middle half▼ 1.5pp
Staff (FTE)2.6
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,618 in 2022 against €19,477 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €98,084
Fixed assets
€12,111 ▼ 84.2%
Current assets
€85,973 ▼ 0.3%
Equity and liabilities €98,084
Equity
€34,588 ▼ 29.1%
Debt
€63,496 ▼ 44.2%
Debt's share of the balance-sheet total falls from 70.0% to 64.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,300▲
2021 · -€8,517
Cash flow
-€7,860▲
2021 · -€10,188
Quick ratio
1.79▲
2021 · 1.12
Debt to equity
1.84▼
2021 · 2.34
ROE
-41.0%▲
2021 · -43.4%
Interest coverage
-2.13▲
2021 · -2.83
Debt ≤ 1 year
€47,833▼
2021 · €74,812
Debt > 1 year
€15,663▼
2021 · €39,079
Income taxes
€112▲
2021 · €110
Staff costs
€85,095▲
2021 · €82,294
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €82,294 | €85,095 | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,196 | €12,825 | €9,805 | €10,961 | €6,317 | ▼ 42.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,524 | - | - |
| Other operating charges640/8 | - | - | - | €5,121 | €1,212 | ▼ 76.3% |
| Gross operating margin9900 | €69,055 | €70,173 | €83,002 | €81,423 | €81,006 | ▼ 0.5% |
| Operating profit (loss)9901 | -€291 | -€2,235 | €11,480 | -€19,477 | -€11,618 | ▲ 40.4% |
| Financial income75/76B | - | - | - | €1,447 | €39 | ▼ 97.3% |
| Recurring financial income75 | - | €12,635 | €845 | €1,447 | €39 | ▼ 97.3% |
| Financial charges65/66B | - | - | - | €3,009 | €2,486 | ▼ 17.4% |
| Recurring financial charges65 | €2,243 | €5,230 | €5,991 | €3,009 | €2,486 | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | -€436 | €5,170 | €6,335 | -€21,039 | -€14,065 | ▲ 33.1% |
| Income taxes67/77 | €162 | €1,468 | €1,805 | €110 | €112 | ▲ 2.2% |
| Profit (loss) for the period9904 | -€598 | €3,703 | €4,530 | -€21,148 | -€14,177 | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | -€598 | €3,703 | €4,530 | -€21,148 | -€14,177 | ▲ 33.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €196,730 | €292,260 | €294,638 | €162,656 | €98,084 | ▼ 39.7% |
| Fixed assets21/28 | €83,752 | €73,275 | €86,590 | €76,428 | €12,111 | ▼ 84.2% |
| Tangible fixed assets22/27 | €80,932 | €70,005 | €82,997 | €72,836 | €8,519 | ▼ 88.3% |
| Land and buildings22 | - | - | - | €58,000 | - | - |
| Plant, machinery and equipment23 | - | - | - | €9,691 | €6,556 | ▼ 32.4% |
| Furniture and vehicles24 | - | - | - | €5,144 | €1,963 | ▼ 61.8% |
| Financial fixed assets28 | €2,820 | €3,270 | €3,592 | €3,592 | €3,592 | = |
| Current assets29/58 | €112,977 | €218,985 | €208,049 | €86,228 | €85,973 | ▼ 0.3% |
| Stocks and contracts in progress3 | €7,345 | €107,925 | €1,900 | €2,100 | €250 | ▼ 88.1% |
| Stocks30/36 | - | - | - | €2,100 | €250 | ▼ 88.1% |
| Amounts receivable within one year40/41 | €58,395 | €66,546 | €169,945 | €43,231 | €58,863 | ▲ 36.2% |
| Trade receivables40 | - | - | - | €30,471 | €53,590 | ▲ 75.9% |
| Other amounts receivable41 | - | - | - | €12,760 | €5,273 | ▼ 58.7% |
| Cash at bank and in hand54/58 | €45,610 | €42,628 | €34,621 | €39,765 | €25,689 | ▼ 35.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,132 | €1,171 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €196,730 | €292,260 | €294,638 | €162,656 | €98,084 | ▼ 39.7% |
| Equity10/15 | €61,681 | €65,384 | €69,914 | €48,765 | €34,588 | ▼ 29.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €53,621 | €57,324 | €61,854 | €40,705 | €26,528 | ▼ 34.8% |
| Amounts payable17/49 | €135,049 | €226,877 | €224,725 | €113,891 | €63,496 | ▼ 44.2% |
| Amounts payable after more than one year17 | €26,892 | €72,726 | €61,703 | €39,079 | €15,663 | ▼ 59.9% |
| Financial debts170/4 | - | - | - | €39,079 | €15,663 | ▼ 59.9% |
| Amounts payable within one year42/48 | €108,157 | €154,150 | €163,022 | €74,812 | €47,833 | ▼ 36.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,624 | €16,559 | ▼ 26.8% |
| Trade debts44 | €40,156 | €52,774 | €50,403 | €11,421 | €22,987 | ▲ 101% |
| Suppliers440/4 | - | - | - | €11,421 | €22,987 | ▲ 101% |
| Advances received on contracts in progress46 | - | - | - | €13,037 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €11,204 | €6,972 | ▼ 37.8% |
| Remuneration and social security454/9 | - | - | - | €11,204 | €6,972 | ▼ 37.8% |
| Other amounts payable47/48 | - | - | - | €16,526 | €1,315 | ▼ 92.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€598 | €3,703 | €4,530 | -€21,148 | -€14,177 | ▲ 33.0% |
| + Depreciation and write-downs630 | €12,196 | €12,825 | €9,805 | €10,961 | €6,317 | ▼ 42.4% |
| Operating cash flow (approximation) | €11,598 | €16,528 | €14,335 | -€10,188 | -€7,860 | ▲ 22.8% |
| Investment in fixed assets (approximation) | - | -€2,347 | -€23,120 | -€799 | €58,000 | ▲ 7,358% |
| Change in cash | - | -€2,982 | -€8,007 | €5,144 | -€14,076 | ▼ 374% |
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
2024
23-01
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 16-01-2024
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€21,148
Net result drops to -€21,148, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €4,530 ▲22.3%
Operating result €11,480, net result €4,530, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €3,703
Net result €3,703 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Rumes · 2 establishment units since 2010
Ground area
400 m²
Building footprint
140 m²
Volume, LiDAR
677 m³
Parcel 57072B0644/00D002, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Imp. de la rue des Moulins(TOU) 8, 7500 Tournai
since 20102.189.499.935
ALTERIMMO
since 20132.216.790.884
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57072B0644/00D002 | Wallonia | 400 m² | 1 · 140 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 | LUCIEN BIEVA PLACE DE WATTRIPONT 8,
7910 ANVAING- .
Date provisoire de cessation de paiement : 16/01/2024 |
16-01-2024 → present |
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 6,994 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43240Other construction installation
43332Laying of wooden floor and wall coverings
43990Other specialised construction activities
Contact
E-mail
christophe@construction-alternative.comTournai
Phone
0495/996857Tournai
Website
www.construction-alternative.comRumes
E-mail
info@construction-alternative.comRumes
Fax
069 84 88 95Rumes
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 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.