DDD CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for DDD CONSTRUCT according to publications in the Belgian State Gazette; curator: YANNICK ALSTEENS.
Summary
The 2020 annual accounts show equity of €120,510 and a net result of -€26,207.
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 23 October 2023
- Supervising judge
- Marc Wahba
- Official Gazette
- 27-10-2023 (pdf) ↗search the document for 2023/140650
Curator
- Yannick AlsteensRue Du Panier Vert 70, 1400 Nivellesyannick.alsteens@novalis.law
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
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 Is the registered address a letterbox or domiciliation address?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€120,510▼ 17.9%
2019 · €146,717
Total assets
€156,785▼ 45.7%
2019 · €288,875
Net result
-€26,207
2019 · €5,217
Working capital
€114,910▼ 16.9%
2019 · €138,317
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
Line201820192020
Operating result€58,048-€6,529▼ 88.8%-€9,189
Net result€23,725-€5,217▼ 78.0%-€26,207
Equity€141,501-€146,717▲ 3.7%€120,510▼ 17.9%
Total assets€314,793-€288,875▼ 8.2%€156,785▼ 45.7%
Debt€173,292-€142,158▼ 18.0%€36,275▼ 74.5%
Working capital€132,733-€138,317▲ 4.2%€114,910▼ 16.9%
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 2020: a loss of €9,189 after €6,529 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €156,785
Fixed assets
€5,600 ▼ 33.3%
Current assets
€151,185 ▼ 46.1%
Equity and liabilities €156,785
Equity
€120,510 ▼ 17.9%
Debt
€36,275 ▼ 74.5%
Debt's share of the balance-sheet total falls from 49.2% to 23.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€6,389▼
2019 · €9,329
Cash flow
-€23,407▼
2019 · €8,017
Current ratio
4.17▲
2019 · 1.97
ROE
-21.7%▼
2019 · 3.6%
ROA
-16.7%▼
2019 · 1.8%
Debt ≤ 1 year
€36,275▼
2019 · €142,158
Income taxes
€16,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,568 | €2,800 | €2,800 | = |
| Gross operating margin9900 | €72,099 | €11,500 | -€133 | ▼ 101% |
| Operating profit (loss)9901 | €58,048 | €6,529 | -€9,189 | ▼ 241% |
| Recurring financial charges65 | €2,823 | €1,312 | €915 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | €55,225 | €5,217 | -€10,103 | ▼ 294% |
| Income taxes67/77 | €31,500 | - | €16,104 | - |
| Profit (loss) for the period9904 | €23,725 | €5,217 | -€26,207 | ▼ 602% |
| Profit (loss) for the period to be appropriated9905 | €23,725 | €5,217 | -€26,207 | ▼ 602% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €314,793 | €288,875 | €156,785 | ▼ 45.7% |
| Fixed assets21/28 | €11,200 | €8,400 | €5,600 | ▼ 33.3% |
| Tangible fixed assets22/27 | €11,200 | €8,400 | €5,600 | ▼ 33.3% |
| Current assets29/58 | €303,593 | €280,475 | €151,185 | ▼ 46.1% |
| Amounts receivable within one year40/41 | €302,668 | €276,629 | €147,881 | ▼ 46.5% |
| Cash at bank and in hand54/58 | €924 | €3,846 | €3,304 | ▼ 14.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €314,793 | €288,875 | €156,785 | ▼ 45.7% |
| Equity10/15 | €141,501 | €146,717 | €120,510 | ▼ 17.9% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Reserves13 | €29,419 | €29,419 | €29,419 | = |
| Profit (loss) carried forward14 | €111,982 | €117,198 | €90,991 | ▼ 22.4% |
| Amounts payable17/49 | €173,292 | €142,158 | €36,275 | ▼ 74.5% |
| Amounts payable after more than one year17 | €2,432 | - | - | - |
| Amounts payable within one year42/48 | €170,860 | €142,158 | €36,275 | ▼ 74.5% |
| Trade debts44 | €130,644 | €134,703 | €4,997 | ▼ 96.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,725 | €5,217 | -€26,207 | ▼ 602% |
| + Depreciation and write-downs630 | €4,568 | €2,800 | €2,800 | = |
| Operating cash flow (approximation) | €28,293 | €8,017 | -€23,407 | ▼ 392% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €2,922 | -€542 | ▼ 119% |
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
2023
27-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 23-10-2023
2022
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 186 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 509 days late
22-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 875 days late
2020
31-12
Financial
Weakest financial yearnet -€26,207
Net result drops to -€26,207, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.17
Current ratio from 1.97 to 4.17; short-term debt falls from €142,158 to €36,275.
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 35 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 210 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brussel · 1 establishment unit since 2015
Ground area
1.1 ha
Building footprint
7,154 m²
Volume, LiDAR
59,185 m³
2 parcels, Brussels · tallest building 123.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DDD CONSTRUCT
since 20152.238.910.151
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813D0508/00W000 | Brussels | 1.1 ha | 1 · 6,882 m² | 123.0 m |
| 21821A0356/00X000 | Brussels | 587 m² | 1 · 272 m² | 11.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | YANNICK ALSTEENS RUE DU PANIER VERT 70,
1400 NIVELLES |
23-10-2023 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-10-2014
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.