DEC Construct
Open bankruptcyAre 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
- 26 January 2026
- Supervising judge
- Damien Delacroix
- Official Gazette
- 02-02-2026 (pdf) ↗search the document for 2026/104193
Deadlines
- Appeal or third-party opposition until
- passed on 17 February 2026Fifteen 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 25 February 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 4 March 2026Reclaim 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
- 26 January 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Jerome HenriAvenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierre- solon.eu
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Other specialised construction activities
NACE 43990
1 site
Size
€297,723total assets 2024
- Equity
- €113,018
- Profit
- €15,316
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
3 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2024 accounts filed 47 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · 2024 accounts filed 47 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2024
47 days late
2023
104 days late
2021
106 days late
2020
312 days late
2019
92 days late
2018
61 days late
2017
84 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 115 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2024 · micro…
- Equity above €100,000equity €113,018 ▲15.7%
Financials · financial year 2024, micro format
2024 annual accounts filed late (47 days) Filed on 16 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00493516.
Equity
€113,018▲ 15.7%
2023 · €97,702
Total assets
€297,723▲ 7.2%
2023 · €277,683
Net result
€15,316▲ 76.5%
2023 · €8,679
Working capital
€113,018▲ 15.7%
2023 · €97,702
Trend over the years
2019 to 2024, 5 financial years 2018 to 2024, 6 financial years
The operating result rises in 2024; 2024 is 69% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€20,203
2024
Net result€15,316
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€297,723
2024
Equity€113,018
2024
Debt€184,705
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€113,018
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.1%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency38.0%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.61
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120232024
Operating result€14,946-€4,995▼ 66.6%€13,758▲ 175%€40,789▲ 196%€11,953-€20,203▲ 69.0%
Net result€8,232-€3,296▼ 60.0%€12,608within the sector's middle half▲ 282%€31,688above the sector's middle half▲ 151%€8,679within the sector's middle half-€15,316within the sector's middle half▲ 76.5%
Equity€25,614-€28,910▲ 12.9%€41,518within the sector's middle half▲ 43.6%€73,206within the sector's middle half▲ 76.3%€97,702within the sector's middle half-€113,018within the sector's middle half▲ 15.7%
Total assets€29,083-€84,250▲ 190%€88,767within the sector's middle half▲ 5.4%€196,073within the sector's middle half▲ 121%€277,683within the sector's middle half-€297,723within the sector's middle half▲ 7.2%
Debt€3,469-€55,340▲ 16×€47,249▼ 14.6%€122,867▲ 160%€179,981-€184,705▲ 2.6%
Working capital€24,555-€29,398▲ 19.7%€42,107within the sector's middle half▲ 43.2%€72,424within the sector's middle half▲ 72.0%€97,702above the sector's middle half-€113,018above the sector's middle half▲ 15.7%
Solvency88.1%-34.3%▼ 53.8pp46.8%within the sector's middle half▲ 12.5pp37.3%within the sector's middle half▼ 9.4pp35.2%within the sector's middle half-38.0%within the sector's middle half▲ 2.8pp
Current ratio8.08-1.66▼ 6.422.01within the sector's middle half▲ 0.351.59within the sector's middle half▼ 0.421.54within the sector's middle half-1.61within the sector's middle half▲ 0.07
Return on assets (ROA)28.3%-3.9%▼ 24.4pp14.2%within the sector's middle half▲ 10.3pp16.2%within the sector's middle half▲ 2.0pp3.1%within the sector's middle half-5.1%within the sector's middle half▲ 2.0pp
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €297,723
Equity
€113,018 ▲ 15.7%
Debt
€184,705 ▲ 2.6%
Debt's share of the balance-sheet total falls from 64.8% to 62.0%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.63▼
2023 · 1.84
ROE
13.6%▲
2023 · 8.9%
Debt ≤ 1 year
€184,705▲
2023 · €179,981
Income taxes
€2,461
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 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,525 | €5,359 | €5,215 | €5,129 | €474 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €584 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €116 | €803 | - | - |
| Gross operating margin9900 | €21,219 | €42,786 | €19,557 | €46,033 | €13,229 | €20,203 | ▲ 52.7% |
| Operating profit (loss)9901 | €14,946 | €4,995 | €13,758 | €40,789 | €11,953 | €20,203 | ▲ 69.0% |
| Financial income75/76B | - | - | €4,602 | €5,130 | - | - | - |
| Recurring financial income75 | €912 | €2,880 | €4,602 | €5,130 | - | - | - |
| Financial charges65/66B | - | - | €3,050 | €3,625 | €3,274 | €2,426 | ▼ 25.9% |
| Recurring financial charges65 | €5,215 | €3,580 | €3,050 | €3,625 | €3,274 | €2,426 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €10,643 | €4,294 | €15,310 | €42,294 | €8,679 | €17,777 | ▲ 105% |
| Income taxes67/77 | €2,410 | €998 | €2,702 | €10,606 | - | €2,461 | - |
| Profit (loss) for the period9904 | €8,232 | €3,296 | €12,608 | €31,688 | €8,679 | €15,316 | ▲ 76.5% |
| Profit (loss) for the period to be appropriated9905 | €8,232 | €3,296 | €12,608 | €31,688 | €8,679 | €15,316 | ▲ 76.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €29,083 | €84,250 | €88,767 | €196,073 | €277,683 | €297,723 | ▲ 7.2% |
| Fixed assets21/28 | €1,059 | €10,201 | €4,985 | €782 | - | - | - |
| Tangible fixed assets22/27 | €1,059 | €10,201 | €4,985 | €782 | - | - | - |
| Plant, machinery and equipment23 | - | - | €152 | - | - | - | - |
| Furniture and vehicles24 | - | - | €4,833 | €782 | - | - | - |
| Current assets29/58 | €28,024 | €74,050 | €83,782 | €195,292 | €277,683 | €297,723 | ▲ 7.2% |
| Amounts receivable after more than one year29 | - | - | - | - | €135,000 | €135,000 | = |
| Other amounts receivable291 | - | - | - | - | €135,000 | €135,000 | = |
| Amounts receivable within one year40/41 | €27,563 | €74,050 | €72,559 | €167,765 | €142,683 | €162,723 | ▲ 14.0% |
| Trade receivables40 | - | - | €12,591 | €51,820 | €4,178 | €40,468 | ▲ 869% |
| Other amounts receivable41 | - | - | €59,968 | €115,945 | €138,505 | €122,255 | ▼ 11.7% |
| Current investments50/53 | - | - | €876 | - | - | - | - |
| Cash at bank and in hand54/58 | €461 | - | - | €27,527 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €10,347 | - | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €29,083 | €84,250 | €88,767 | €196,073 | €277,683 | €297,723 | ▲ 7.2% |
| Equity10/15 | €25,614 | €28,910 | €41,518 | €73,206 | €97,702 | €113,018 | ▲ 15.7% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €23,599 | €23,599 | €23,599 | €23,599 | €23,599 | €23,599 | = |
| Non-distributable reserves130/1 | - | - | €18,599 | €18,599 | €18,599 | €18,599 | = |
| Reserves not available under the articles1311 | - | - | €18,599 | €18,599 | €18,599 | €18,599 | = |
| Tax-exempt reserves132 | - | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €2,014 | €5,310 | €17,918 | €49,606 | €74,102 | €89,418 | ▲ 20.7% |
| Amounts payable17/49 | €3,469 | €55,340 | €47,249 | €122,867 | €179,981 | €184,705 | ▲ 2.6% |
| Amounts payable after more than one year17 | - | €10,689 | €5,574 | - | - | - | - |
| Financial debts170/4 | - | - | €5,574 | - | - | - | - |
| Amounts payable within one year42/48 | €3,469 | €44,651 | €41,675 | €122,867 | €179,981 | €184,705 | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,678 | €822 | - | - |
| Financial debts43 | - | - | €9,798 | - | €17,212 | €17,262 | ▲ 0.3% |
| Credit institutions430/8 | - | - | €9,798 | - | €17,212 | €17,262 | ▲ 0.3% |
| Trade debts44 | €1,089 | €26,402 | €11,445 | €82,642 | €115,646 | €139,391 | ▲ 20.5% |
| Suppliers440/4 | - | - | €11,445 | €82,642 | €115,646 | €139,391 | ▲ 20.5% |
| Advances received on contracts in progress46 | - | - | €14,352 | €21,731 | €21,731 | €21,731 | = |
| Taxes, remuneration and social security45 | - | - | €6,080 | €16,816 | €24,570 | €6,279 | ▼ 74.4% |
| Taxes450/3 | - | - | €6,080 | €16,686 | €24,570 | €6,279 | ▼ 74.4% |
| Remuneration and social security454/9 | - | - | - | €130 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €42 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,232 | €3,296 | €12,608 | €31,688 | €8,679 | €15,316 | ▲ 76.5% |
| + Depreciation and write-downs630 | €5,525 | €5,359 | €5,215 | €5,129 | €474 | - | - |
| Operating cash flow (approximation) | €13,757 | €8,655 | €17,823 | €36,817 | €9,152 | €15,316 | ▲ 67.3% |
| Investment in fixed assets (approximation) | - | -€14,500 | €0 | -€925 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 16-09-2025 | 2025-00493516 |
| 31-12-2023 | micro format | 12-11-2024 | 2024-00532853 |
| 31-12-2021 | micro format | 14-11-2022 | 2022-20519423 |
| 31-12-2020 | micro format | 08-06-2022 | 2022-20061974 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-67800265 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67600243 |
| 31-12-2017 | micro format | 23-10-2018 | 2018-70000245 |
| 31-12-2016 | micro format | 29-09-2017 | 2017-65500236 |
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Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,432. 6,216 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jerome Henri Avenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierre- solon.eu |
26-01-2026 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
02-02
Bankruptcy
Opening
French-language Enterprise Court of Brussels · judgment of 26-01-2026
2025
16-09
NBB filing
Annual accounts filed
financial year 2024 · micro format · 47 days late
2024
31-12
Financial
Equity above €100,000equity €113,018 ▲15.7%
A profit in every financial year since 2018 builds equity to €113,018.
12-11
NBB filing
Annual accounts filed
financial year 2023 · micro format · 104 days late
2022
14-11
NBB filing
Annual accounts filed
financial year 2021 · micro format · 106 days late
08-06
NBB filing
Annual accounts filed
financial year 2020 · micro format · 312 days late
2021
31-12
Financial
Highest result from 2018 to 2024net €31,688 ▲151%
Operating result €40,789, net result €31,688, both a record.
2020
31-10
NBB filing
Annual accounts filed
financial year 2019 · micro format · 92 days late
2019
31-12
Financial
Weakest financial yearnet €3,296 ▼60%
Net result drops to €3,296, the lowest in the series.
30-09
NBB filing
Annual accounts filed
financial year 2018 · micro format · 61 days late
2018
23-10
NBB filing
Annual accounts filed
financial year 2017 · micro format · 84 days late
2017
29-09
NBB filing
Annual accounts filed
financial year 2016 · micro format · 60 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded13-01-2016
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Ganshoren · 1 establishment unit since 2016
Ground area
140 m²
Building footprint
77 m²
Building volume
651 m³
Parcel 21008A0114/00M008, Brussels · tallest building 11.2 m. Linked by address, not a title deed.
1 establishment unit
15062018
since 2016unit no. 2.277.250.984
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21008A0114/00M008 | Brussels | 140 m² | 1 · 77 m² | 11.2 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.