D & X
Open bankruptcyA bankruptcy procedure is open for D & X according to publications in the Belgian State Gazette; curator: KOEN CLONEN.
Summary
The 2021 annual accounts show equity of €62k and a net result of €-18k.
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, Antwerp division
- Declared bankrupt
- 1 February 2024
- Supervising judge
- Thierry Van Coppenolle
- Official Gazette
- 14-02-2024 (pdf) ↗search the document for 2024/105891
Curator
- Koen ClonenSneeuwbeslaan 14, 2610 Wilrijk (Antwerpen)koen.clonen@crowelegal.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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€62k▼ 23.3%
2020 · €81k
Total assets
€296k▲ 22.4%
2020 · €242k
Net result
€-18k
2020 · €12k
Working capital
€-26k
2020 · €70k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€19k-€22k▲ 15.9%€16k▼ 25.2%€-14k
Net result€15k-€14k▼ 9.2%€12k▼ 15.1%€-18k
Equity€55k-€69k▲ 25.3%€81k▲ 17.1%€62k▼ 23.3%
Total assets€131k-€215k▲ 64.6%€242k▲ 12.6%€296k▲ 22.4%
Debt€76k-€146k▲ 93.2%€161k▲ 10.5%€235k▲ 45.3%
Working capital€58k-€53k▼ 8.9%€70k▲ 32.3%€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €14k after €16k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €296k
Fixed assets
€88k ▲ 178%
Current assets
€209k ▼ 0.8%
Equity and liabilities €296k
Equity
€62k ▼ 23.3%
Debt
€235k ▲ 45.3%
Debt's share of the balance-sheet total rises from 66.7% to 79.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2020 · €29k
Cash flow
€-6k▼
2020 · €25k
Current ratio
0.89▼
2020 · 1.49
Debt to equity
3.79▲
2020 · 0.25
ROE
-29.7%▼
2020 · 14.6%
ROA
-6.2%▼
2020 · 4.9%
Interest coverage
-0.41
Debt ≤ 1 year
€235k▲
2020 · €141k
Debt > 1 year
€0▼
2020 · €20k
Income taxes
€0▼
2020 · €3k
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €13k | €13k | €13k | ▲ 0.1% |
| Other operating charges640/8 | - | - | - | €1k | - |
| Non-recurring operating charges66A | - | - | - | €9k | - |
| Gross operating margin9900 | €41k | €51k | €30k | €8k | ▼ 71.7% |
| Operating profit (loss)9901 | €19k | €22k | €16k | €-14k | ▼ 189% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €2k | €4k | €7k | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €4k | - |
| Recurring financial charges65 | €937 | €7k | €8k | €4k | ▼ 49.0% |
| Profit (loss) for the period before taxes9903 | €20k | €18k | €15k | €-18k | ▼ 221% |
| Income taxes67/77 | €5k | €4k | €3k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €15k | €14k | €12k | €-18k | ▼ 256% |
| Profit (loss) for the period to be appropriated9905 | €15k | €14k | €12k | €-18k | ▼ 256% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €131k | €215k | €242k | €296k | ▲ 22.4% |
| Fixed assets21/28 | €2k | €43k | €32k | €88k | ▲ 178% |
| Tangible fixed assets22/27 | €1k | €42k | €30k | €86k | ▲ 187% |
| Plant, machinery and equipment23 | - | - | - | €4k | - |
| Furniture and vehicles24 | - | - | - | €73k | - |
| Leasing and similar rights25 | - | - | - | €9k | - |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €128k | €172k | €211k | €209k | ▼ 0.8% |
| Amounts receivable within one year40/41 | €127k | €172k | €211k | €209k | ▼ 0.8% |
| Trade receivables40 | - | - | - | €86k | - |
| Other amounts receivable41 | - | - | - | €123k | - |
| Cash at bank and in hand54/58 | €1k | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €131k | €215k | €242k | €296k | ▲ 22.4% |
| Equity10/15 | €55k | €69k | €81k | €62k | ▼ 23.3% |
| Contributions10/11 | €6k | €6k | - | €6k | - |
| Reserves13 | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €47k | €61k | €73k | €54k | ▼ 25.9% |
| Amounts payable17/49 | €76k | €146k | €161k | €235k | ▲ 45.3% |
| Amounts payable after more than one year17 | €5k | €27k | €20k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €71k | €119k | €141k | €235k | ▲ 66.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18k | - |
| Financial debts43 | - | - | - | €11k | - |
| Credit institutions430/8 | - | - | - | €11k | - |
| Trade debts44 | €58k | €94k | €101k | €196k | ▲ 95.5% |
| Suppliers440/4 | - | - | - | €196k | - |
| Taxes, remuneration and social security45 | - | - | - | €9k | - |
| Taxes450/3 | - | - | - | €9k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €14k | €12k | €-18k | ▼ 256% |
| + Depreciation and write-downs630 | €2k | €13k | €13k | €13k | ▲ 0.1% |
| Operating cash flow (approximation) | €17k | €26k | €25k | €-6k | ▼ 123% |
| Investment in fixed assets (approximation) | - | €-53k | €-1k | €-69k | ▼ 6,458% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2024
14-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-02-2024
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 254 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 28 days late
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.
Have them read with priority
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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, Antwerpen · 1 establishment unit since 2014
Ground area
141 m²
Building footprint
141 m²
Volume, LiDAR
1,245 m³
Parcel 11302A0014/00C004, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
D & X
since 20142.230.051.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0014/00C004 | Flanders | 141 m² | 1 · 141 m² | 14.9 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KOEN CLONEN SNEEUWBESLAAN 14, 2610 WILRIJK
(ANTWERPEN) |
01-02-2024 → present |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 13,179 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)
Founded10-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
43350Other building finishing work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.