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De Valk

Open bankruptcy
Private limited companyfounded 2007Ringlaan 11 D, 2960 Brecht, BelgiumKBO/BCE: BE 0891.114.353

A bankruptcy procedure is open for De Valk according to publications in the Belgian State Gazette; curator: LOUIS WOUTERS.

Summary

The 2021 annual accounts show equity of €35,345 and a net result of €31,886.

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
14 September 2023
Supervising judge
Joris De Fre
Official Gazette
20-09-2023 (pdf) ↗search the document for 2023/134268

Deadlines

Provisional date payments stopped
14 September 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 5 October 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 14 October 2023art. XX.104 and XX.155 CEL
First verification report
passed on 10 November 2023Goods 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 14 September 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Louis WoutersJan Van Rijswijcklaan 1-3, 2018 Antwerpen 1adv.louis.wouters@skynet.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

De Valk was incorporated on 27 July 2007.1 Total assets rose from EUR 168,838 in 2018 to EUR 632,894 in 2021 and headcount from 1.8 to 8.6 full-time equivalents.2 On 14 September 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 20-09-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€35,345▲ 922%
2020 · €3,459
Total assets
€632,894▲ 39.3%
2020 · €454,413
Net result
€31,886
2020 · -€23,032
Working capital
€131,899▲ 116%
2020 · €61,186
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
Line2018201920202021
Operating result€13,341-€14,280▲ 7.0%-€19,646€37,406
Net result€7,959-€7,959=-€23,032below the sector's middle half€31,886above the sector's middle half
Equity€19,045-€26,491▲ 39.1%€3,459below the sector's middle half▼ 86.9%€35,345within the sector's middle half▲ 922%
Total assets€168,838-€168,838=€454,413above the sector's middle half▲ 169%€632,894above the sector's middle half▲ 39.3%
Debt€149,793-€149,793=€450,954▲ 201%€597,549▲ 32.5%
Working capital€50,240-€19,543▼ 61.1%€61,186within the sector's middle half▲ 213%€131,899above the sector's middle half▲ 116%
Solvency11.3%-15.7%▲ 4.4pp0.8%below the sector's middle half▼ 14.9pp5.6%below the sector's middle half▲ 4.8pp
Current ratio1.77-1.20▼ 0.571.20within the sector's middle half=1.30within the sector's middle half▲ 0.10
Return on assets (ROA)4.7%-4.7%=-5.1%below the sector's middle half▼ 9.8pp5.0%within the sector's middle half▲ 10.1pp
Staff (FTE)1.8-3.5▲ 94.4%5.1above the sector's middle half▲ 45.7%8.6▲ 68.6%
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2018: €13,341€13,341Net result 2018: €7,959€7,959Operating result 2019: €14,280€14,280Net result 2019: €7,959€7,959Operating result 2020: -€19,646-€19,646Net result 2020: -€23,032-€23,032Operating result 2021: €37,406€37,406Net result 2021: €31,886€31,8862018201920202021-€40,000-€20,000€0€20,000€40,000Operating result 2019: €14,280€14,300Net result 2019: €7,959€7,960Operating result 2020: -€19,646-€19,600Net result 2020: -€23,032-€23,000Operating result 2021: €37,406€37,400Net result 2021: €31,886€31,900201920202021
The operating result returns to profit in 2021: €37,406 after a loss of €19,646 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €632,894
Fixed assets €60,102 ▼ 28.8%
Current assets €572,792 ▲ 54.8%
Equity and liabilities €632,894
Equity €35,345 ▲ 922%
Debt €597,549 ▲ 32.5%
Debt's share of the balance-sheet total falls from 99.2% to 94.4%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€67,429▲
2020 · €2,479
Cash flow
€61,909▲
2020 · -€908
Quick ratio
1.26▲
2020 · 1.08
Debt to equity
16.91▼
2020 · 40.94
ROE
90.2%▲
2020 · -665.8%
Interest coverage
10.57
Debt ≤ 1 year
€440,893▲
2020 · €308,862
Debt > 1 year
€156,656▲
2020 · €141,622
Income taxes
€89▲
2020 · €0
Staff costs
€318,634
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 55 lines
Balance sheet Code20202021
Assets
Total assets20/58€454,413€632,894▲
Fixed assets21/28€84,365€60,102▼
Tangible fixed assets22/27€84,325€55,262▼
Plant, machinery and equipment23-€6,859
Furniture and vehicles24-€48,403
Financial fixed assets28€40€4,840▲
Current assets29/58€370,048€572,792▲
Stocks and contracts in progress3€36,521€16,177▼
Stocks30/36-€16,177
Amounts receivable within one year40/41€311,901€546,279▲
Trade receivables40-€546,256
Other amounts receivable41-€23
Cash at bank and in hand54/58€21,626€6,467▼
Deferred charges and accrued income490/1-€3,868
Equity and liabilities
Total equity and liabilities10/49€454,413€632,894▲
Equity10/15€3,459€35,345▲
Contributions10/11-€6,200
Reserves13€1,860€29,145▲
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Distributable reserves133-€27,285
Profit (loss) carried forward14-€4,601€0▲
Amounts payable17/49€450,954€597,549▲
Amounts payable after more than one year17€141,622€156,656▲
Financial debts170/4-€156,656
Amounts payable within one year42/48€308,862€440,893▲
Current portion of amounts payable after more than one year42-€18,761
Financial debts43-€12,128
Credit institutions430/8-€12,128
Trade debts44€225,644€333,043▲
Suppliers440/4-€333,043
Taxes, remuneration and social security45-€8,808
Taxes450/3-€919
Remuneration and social security454/9-€7,889
Other amounts payable47/48-€68,153
Accrued charges and deferred income492/3-€0
Income statement Code20202021
Remuneration, social security and pensions62-€318,634
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,124€30,023▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€761
Other operating charges640/8-€9,691
Gross operating margin9900€152,585€394,992▲
Operating profit (loss)9901-€19,646€37,406▲
Financial income75/76B-€947
Recurring financial income75€201€947▲
Financial charges65/66B-€6,378
Recurring financial charges65€3,587€6,378▲
Profit (loss) for the period before taxes9903-€23,032€31,975▲
Income taxes67/77€0€89▲
Profit (loss) for the period9904-€23,032€31,886▲
Profit (loss) for the period to be appropriated9905-€23,032€31,886▲
Appropriation of the result
Profit (loss) to be appropriated9906-€27,285
Profit (loss) brought forward from the previous period14P--€4,601
Transfer from equity791/2-€0
Transfer to equity691/2-€27,285
To other reserves6921-€27,285

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€318,634-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,891€19,058€22,124€30,023▲ 35.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€761-
Other operating charges640/8---€9,691-
Gross operating margin9900€123,463€216,451€152,585€394,992▲ 159%
Operating profit (loss)9901€13,341€14,280-€19,646€37,406▲ 290%
Financial income75/76B---€947-
Recurring financial income75€125€141€201€947▲ 372%
Financial charges65/66B---€6,378-
Recurring financial charges65€2,830€2,830€3,587€6,378▲ 77.8%
Profit (loss) for the period before taxes9903€10,542€11,970-€23,032€31,975▲ 239%
Income taxes67/77€2,583€4,524€0€89-
Profit (loss) for the period9904€7,959€7,959-€23,032€31,886▲ 238%
Profit (loss) for the period to be appropriated9905€7,959€7,959-€23,032€31,886▲ 238%
Line2018201920202021Change
Assets
Total assets20/58€168,838€168,838€454,413€632,894▲ 39.3%
Formation expenses20€0€0---
Fixed assets21/28€53,548€53,548€84,365€60,102▼ 28.8%
Intangible fixed assets21€0€0---
Tangible fixed assets22/27€53,508€53,508€84,325€55,262▼ 34.5%
Plant, machinery and equipment23---€6,859-
Furniture and vehicles24---€48,403-
Financial fixed assets28€40€40€40€4,840▲ 12,000%
Current assets29/58€115,290€116,763€370,048€572,792▲ 54.8%
Stocks and contracts in progress3€0€0€36,521€16,177▼ 55.7%
Stocks30/36---€16,177-
Amounts receivable within one year40/41€95,066€115,500€311,901€546,279▲ 75.1%
Trade receivables40---€546,256-
Other amounts receivable41---€23-
Current investments50/53€0€0---
Cash at bank and in hand54/58€19,561€19,561€21,626€6,467▼ 70.1%
Deferred charges and accrued income490/1---€3,868-
Equity and liabilities
Total equity and liabilities10/49€168,838€168,838€454,413€632,894▲ 39.3%
Equity10/15€19,045€26,491€3,459€35,345▲ 922%
Contributions10/11€6,200€6,200-€6,200-
Reserves13€12,845€20,291€1,860€29,145▲ 1,467%
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Distributable reserves133---€27,285-
Profit (loss) carried forward14€0€0-€4,601€0▲ 100%
Amounts payable17/49€149,793€149,793€450,954€597,549▲ 32.5%
Amounts payable after more than one year17€46,187€46,187€141,622€156,656▲ 10.6%
Financial debts170/4---€156,656-
Amounts payable within one year42/48€65,050€97,220€308,862€440,893▲ 42.7%
Current portion of amounts payable after more than one year42---€18,761-
Financial debts43---€12,128-
Credit institutions430/8---€12,128-
Trade debts44€46,408€49,778€225,644€333,043▲ 47.6%
Suppliers440/4---€333,043-
Taxes, remuneration and social security45---€8,808-
Taxes450/3---€919-
Remuneration and social security454/9---€7,889-
Other amounts payable47/48---€68,153-
Accrued charges and deferred income492/3---€0-
Line2018201920202021Change
Profit (loss) for the period9904€7,959€7,959-€23,032€31,886▲ 238%
+ Depreciation and write-downs630€17,891€19,058€22,124€30,023▲ 35.7%
Operating cash flow (approximation)€25,850€27,016-€908€61,909▲ 6,921%
Investment in fixed assets (approximation)--€19,058-€52,941-€5,760▲ 89.1%
Change in cash-€0€2,066-€15,159▼ 834%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
20-09
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 14-09-2023
2022
04-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2021
31-12
Financial Back to profitnet €31,886
Net result €31,886 after one loss-making year.
04-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
2020
31-12
Financial Weakest financial yearnet -€23,032
Net result drops to -€23,032, the lowest in the series.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
14-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
02-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
21-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 21 days late
2013
13-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Brecht · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
8,629 m²
Building footprint
2,260 m²
Volume, LiDAR
1,021 m³
Parcel 11333D0764/00H000, Flanders · tallest building 13.2 m. Linked by address, not a title deed.
1 establishment unit
De Valk
Ringlaan 11 D, 2960 BrechtManufacture of other transport equipment
since 20072.165.173.226
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11333D0764/00H000 Flanders 8,629 m² 1 · 2,259 m² 13.2 m
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 LOUIS WOUTERS
JAN VAN RIJSWIJCKLAAN 1-3, 2018 ANTWERPEN 1
14-09-2023 → present

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,826 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
Founded27-07-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Contact
Phone 0477.41.24.47Brecht
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 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.