CTL CONTRUCT
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 19 March 2018 · trustee De la Vallee Poussin Charles · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- French-language Commercial Court of Brussels
- Official Gazette
- 28-03-2018search the document for 2018/112769
Deadlines
- Provisional date payments stopped
- 19 September 2017The trustee can in some cases challenge payments and security you received since that day. A later judgment can still change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 12 April 2018That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 18 April 2018art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 2 May 2018Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 19 March 2019A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- De la Vallee Poussin CharlesAvenue Louise 349, Bte 17, 1050 Bruxelles 5
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed in an article
Embed the CTL CONTRUCT company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- The card stays current. The status follows the register and the figures come from the latest filed accounts. It carries no Checked score or verdict.
- It barely adds weight to your page: one small script and one data request, also answered from a cache. There are no cookies and no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 24-12-2013
- Legal form
- Private limited company (pre-2019)
- Activity
- Other construction installation NACE 43240
- Establishment unit
- 2.227.850.963 since 01-01-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 08-09-2026
Financial position
No score
Annual accounts 2015
- Turnover
- €337,117
- ▼ 9.4%
- Profit
- €51,657
- ▲ 23.0%
- Equity
- €93,761
- ▲ 123%
- Total assets
- €145,064
- ▲ 1.9%
Financials
Financials · financial year 2015, full format
2015 annual accounts filed 102 days after the deadline Filed on 10 November 2016, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2016-67700420.
Annual accounts 2015 filed on 10-11-2016 PDF all 2 filings
Turnover
€337,117▼ 9.4%
2014 · €372,010
EBIT margin
14.7%▲ 3.5pp
2014 · 11.2%
Net result
€51,657▲ 23.0%
2014 · €42,005
Working capital
€80,819▲ 115%
2014 · €37,522
Multi-year overview
2014 to 2015, 2 financial yearsTurnover
€337,117
▼ 9.4%
2015
20142015
Operating result
€49,480
▲ 19.2%
2015
20142015
Net result
€51,657
▲ 23.0%
2015
20142015
EBIT margin
14.7%
▲ 3.5pp
2015
20142015
Equity
€93,761
▲ 123%
2015
20142015
Total assets
€145,064
▲ 1.9%
2015
20142015
Debt
€51,302
▼ 48.8%
2015
20142015
Working capital
€80,819
▲ 115%
2015
20142015
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20142015
Turnover€372,010-€337,117▼ 9.4%
Operating result€41,494-€49,480▲ 19.2%
Net result€42,005-€51,657▲ 23.0%
EBIT margin11.2%-14.7%▲ 3.5pp
Equity€42,105-€93,761▲ 123%
Total assets€142,382-€145,064▲ 1.9%
Debt€100,277-€51,302▼ 48.8%
Working capital€37,522-€80,819▲ 115%
The operating result for 2015 is 19% higher than in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €145,064
Fixed assets
€12,943 ▲ 23.3%
Current assets
€132,121 ▲ 0.2%
Equity and liabilities €145,064
Equity
€93,761 ▲ 123%
Debt
€51,302 ▼ 48.8%
Debt's share of the balance-sheet total falls from 70.4% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,408▲
2014 · €45,617
Cash flow
€54,586▲
2014 · €46,127
Current ratio
2.58▲
2014 · 1.40
ROE
55.1%▼
2014 · 99.8%
ROA
35.6%▲
2014 · 29.5%
Debt ≤ 1 year
€51,302▼
2014 · €94,362
Customer credit
143 days▲
2014 · 117 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | Change |
|---|---|---|---|
| Turnover70 | €372,010 | €337,117 | ▼ 9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,122 | €2,929 | ▼ 29.0% |
| Gross operating margin9900 | €45,617 | €52,876 | ▲ 15.9% |
| Operating profit (loss)9901 | €41,494 | €49,480 | ▲ 19.2% |
| Recurring financial income75 | €1,384 | €3,554 | ▲ 157% |
| Recurring financial charges65 | €874 | €1,377 | ▲ 57.5% |
| Profit (loss) for the period before taxes9903 | €42,005 | €51,657 | ▲ 23.0% |
| Profit (loss) for the period9904 | €42,005 | €51,657 | ▲ 23.0% |
| Profit (loss) for the period to be appropriated9905 | €42,005 | €51,657 | ▲ 23.0% |
| Line | 2014 | 2015 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €142,382 | €145,064 | ▲ 1.9% |
| Fixed assets21/28 | €10,498 | €12,943 | ▲ 23.3% |
| Tangible fixed assets22/27 | €10,498 | €12,943 | ▲ 23.3% |
| Current assets29/58 | €131,884 | €132,121 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €119,004 | €131,935 | ▲ 10.9% |
| Cash at bank and in hand54/58 | €12,880 | €186 | ▼ 98.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €142,382 | €145,064 | ▲ 1.9% |
| Equity10/15 | €42,105 | €93,761 | ▲ 123% |
| Contributions10/11 | €100 | €100 | = |
| Reserves13 | €10,501 | €23,415 | ▲ 123% |
| Profit (loss) carried forward14 | €31,504 | €70,246 | ▲ 123% |
| Amounts payable17/49 | €100,277 | €51,302 | ▼ 48.8% |
| Amounts payable after more than one year17 | €5,915 | - | - |
| Amounts payable within one year42/48 | €94,362 | €51,302 | ▼ 45.6% |
| Trade debts44 | €90,153 | €48,547 | ▼ 46.2% |
| Line | 2014 | 2015 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €42,005 | €51,657 | ▲ 23.0% |
| + Depreciation and write-downs630 | €4,122 | €2,929 | ▼ 29.0% |
| Operating cash flow (approximation) | €46,127 | €54,586 | ▲ 18.3% |
| Investment in fixed assets (approximation) | - | -€5,374 | - |
| Change in cash | - | -€12,694 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | De la Vallee Poussin Charles Avenue Louise 349, Bte 17, 1050 Bruxelles 5 |
19-03-2018 → present |
Owners and capital
Owners
Timeline
Acts, filings and financial milestones
2018
28-03
Bankruptcy
Bankruptcy declared
French-language Commercial Court of Brussels · judgment of 19-03-2018
2016
2014
07-01
7 publications in the Belgian Official Gazette, the last on 28-03-2018
SignalGazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2015
- Legal form
- Private limited company (pre-2019)
- Active since
- 24 December 2013
Register details
Identity
Name
CTL CONTRUCT in French
Enterprise number
0543.587.505
Entity type
Legal entity
Registered office and establishments
Establishment unit
CTL CONSTRUCT since 01-01-2014 · unit number 2.227.850.9634312005 Site preparation
Activities
NACEBEL 202543240
Other construction installation main activity
Codes under NACEBEL 2008
43299
Specialised construction activities main activity
Invoicing and payment
VAT number
BE 0543.587.505
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
899 m²
Building footprint
537 m²
Building volume
9,108 m³
Tallest building: 22.6 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 |
| 21304B0016/00N013 | Brussels | 98 m² | 1 · 95 m² | 10.4 m · 3 |