DASCALU CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for DASCALU CONSTRUCT according to publications in the Belgian State Gazette; curator: PHILIPPE BOUTENS. The file additionally contains 1 administrative flag. The 2020 annual accounts show equity of €104k and a net result of €16k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 24-08-2021, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
24 d late
2019
70 d late
← 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 2020, micro schema
Equity
€104k▲ 17.9%
2019 · €88k
2018: €71k
2019: €88k
2018 → 2020
Total assets
€131k▼ 11.0%
2019 · €147k
2018: €134k
2019: €147k
2018 → 2020
Net result
€16k▼ 8.9%
2019 · €17k
2018: €31k
2019: €17k
2018 → 2020
Working capital
€103k▲ 25.7%
2019 · €82k
2018: €61k
2019: €82k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€71k-€88k▲ 24.4%€104k▲ 17.9%
Operating result€47k-€28k▼ 41.0%€22k▼ 19.8%
Net result€31k-€17k▼ 44.3%€16k▼ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 20% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €131k
Fixed assets
€674▼ 88.8%
Current assets
€130k▼ 7.6%
Equity and liabilities €131k
Equity
€104k▲ 17.9%
Debt
€27k▼ 54.4%
The debt ratio falls from 39.9% to 20.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2019 · €32k
Cash flow
€17k▼
2019 · €21k
Solvency
79.6%▲
2019 · 60.1%
Current ratio
4.87▲
2019 · 2.40
Quick ratio
4.87▲
2019 · 2.40
ROE
15.2%▼
2019 · 19.6%
ROA
12.1%▲
2019 · 11.8%
Debt
€27k▼
2019 · €59k
Debt ≤ 1 year
€27k▼
2019 · €59k
Income taxes
€6k▼
2019 · €10k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€147k€131k▼
Fixed assets21/28€6k€674▼
Tangible fixed assets22/27€6k€674▼
Current assets29/58€141k€130k▼
Amounts receivable within one year40/41€34k€8k▼
Cash at bank and in hand54/58€32k€47k▲
Equity and liabilities
Total equity and liabilities10/49€147k€131k▼
Equity10/15€88k€104k▲
Contributions10/11€6k€6k=
Reserves13€82k€92k▲
Profit (loss) carried forward14-€6k
Amounts payable17/49€59k€27k▼
Amounts payable within one year42/48€59k€27k▼
Trade debts44€15k€2k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€842▼
Gross operating margin9900€208k€78k▼
Operating profit (loss)9901€28k€22k▼
Recurring financial charges65€826€562▼
Profit (loss) for the period before taxes9903€27k€22k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€17k€16k▼
Profit (loss) for the period to be appropriated9905€17k€16k▼
Timeline · acts, filings and financial milestones
2023
15-12
KBO administration
Address struck
28-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · DASCALU CONSTRUCT BV BRUGGESTRAAT 130/A, 8820 TORHOUT · event 09-01-2023
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €16k ▼8.9%
Net result drops to €16k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.87
Current ratio from 2.40 to 4.87; short-term debt falls from €59k to €27k.
31-12
Financial
Equity above €100kEq €104k ▲17.9%
3 profitable years in a row build equity to €104k.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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 2016
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
1,133 m²
Building footprint
351 m²
Volume, LiDAR
1,775 m³
Parcel 31522B0333/00N000, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DASCALU CONSTRUCT
since 20162.264.125.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0333/00N000 | Flanders | 1,133 m² | 1 · 351 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | PHILIPPE BOUTENS Van Iseghemlaan 149,
8400 OOSTENDE |
09-01-2023 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-11-2016
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
25110Manufacture of metal structures and parts of structures
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.