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E&G Projects

Open bankruptcy
Private limited companyfounded 2021Sportstraat 7, 9185 Lochristi, BelgiumKBO/BCE: BE 0771.738.730

A bankruptcy procedure is open for E&G Projects according to publications in the Belgian State Gazette; curator: MIEKE VERPLANCKE.

Summary

The 2023 annual accounts show negative equity (-€22,275) and a net result of -€44,771.

E&G ProjectsOpen bankruptcy

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 Ghent, Ghent division
Declared bankrupt
17 September 2024
Supervising judge
Guy Lucq
Official Gazette
24-09-2024 (pdf) ↗search the document for 2024/135719

Deadlines

Provisional date payments stopped
5 September 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 9 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 17 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 22 October 2024Goods 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 17 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Mieke VerplanckeZuidstationstraat 34-36, 9000 Gentmieke.verplancke@vaneeghem.com

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-07-2024, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
1 d early
2022
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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

E&G Projects was incorporated on 27 July 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 17 September 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 24-09-2024

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
-€22,275
2022 · €22,497
Total assets
€334,964▲ 56.4%
2022 · €214,150
Net result
-€44,771
2022 · €17,497
Working capital
-€83,774▼ 126%
2022 · -€37,020
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
Line20222023
Operating result€17,093--€33,959
Net result€17,497within the sector's middle half--€44,771below the sector's middle half
Equity€22,497within the sector's middle half--€22,275below the sector's middle half
Total assets€214,150within the sector's middle half-€334,964above the sector's middle half▲ 56.4%
Debt€191,653-€357,239▲ 86.4%
Working capital-€37,020--€83,774▼ 126%
Solvency10.5%below the sector's middle half--6.6%below the sector's middle half▼ 17.2pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2022: €17,093€17,093Net result 2022: €17,497€17,497Operating result 2023: -€33,959-€33,959Net result 2023: -€44,771-€44,77120222023-€60,000-€40,000-€20,000€0€20,000Operating result 2022: €17,093€17,100Net result 2022: €17,497€17,500Operating result 2023: -€33,959-€34,000Net result 2023: -€44,771-€44,80020222023
The operating result turns negative in 2023: a loss of €33,959 after €17,093 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €334,964
Fixed assets €160,242 ▲ 12.8%
Current assets €174,722 ▲ 142%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€3,914▼
2022 · €37,804
Cash flow
-€14,726▼
2022 · €38,207
Current ratio
0.68▲
2022 · 0.66
Quick ratio
0.45▼
2022 · 0.52
Debt to equity
-16.04▼
2022 · 8.52
ROA
-13.4%▼
2022 · 8.2%
Interest coverage
-0.31▼
2022 · 9.28
Debt ≤ 1 year
€258,496▲
2022 · €109,119
Debt > 1 year
€98,119▲
2022 · €82,535
Income taxes
€277▼
2022 · €807
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 · 2023 against 2022 · 54 lines
Balance sheet Code20222023
Assets
Total assets20/58€214,150€334,964▲
Fixed assets21/28€142,051€160,242▲
Tangible fixed assets22/27€141,791€159,982▲
Plant, machinery and equipment23€15,488€9,543▼
Furniture and vehicles24€2,704€4,958▲
Leasing and similar rights25€123,599€145,481▲
Financial fixed assets28€260€260=
Current assets29/58€72,099€174,722▲
Amounts receivable after more than one year29€15,000€15,000=
Other amounts receivable291€15,000€15,000=
Stocks and contracts in progress3€15,304€59,078▲
Stocks30/36€7,605€10,000▲
Contracts in progress37€7,699€49,078▲
Amounts receivable within one year40/41€28,152€97,433▲
Trade receivables40€14,550€75,764▲
Other amounts receivable41€13,602€21,670▲
Cash at bank and in hand54/58€8,723€1▼
Deferred charges and accrued income490/1€4,920€3,210▼
Equity and liabilities
Total equity and liabilities10/49€214,150€334,964▲
Equity10/15€22,497-€22,275▼
Contributions10/11€5,000€5,000=
Reserves13€17,497-
Distributable reserves133€17,497-
Profit (loss) carried forward14--€27,275
Amounts payable17/49€191,653€357,239▲
Amounts payable after more than one year17€82,535€98,119▲
Financial debts170/4€82,535€98,119▲
Amounts payable within one year42/48€109,119€258,496▲
Current portion of amounts payable after more than one year42€20,549€27,703▲
Financial debts43-€1,022
Credit institutions430/8-€1,022
Trade debts44€83,407€225,286▲
Suppliers440/4€83,407€225,286▲
Taxes, remuneration and social security45€5,163€4,485▼
Taxes450/3€5,163€4,485▼
Accrued charges and deferred income492/3-€624
Income statement Code20222023
Non-recurring operating income76A-€3,602
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,711€30,045▲
Other operating charges640/8€10,233€2,666▼
Non-recurring operating charges66A€1,368-
Gross operating margin9900€49,405-€1,248▼
Operating profit (loss)9901€17,093-€33,959▼
Financial income75/76B€5,283€1,947▼
Recurring financial income75€5,283€1,947▼
Financial charges65/66B€4,073€12,482▲
Recurring financial charges65€4,073€12,482▲
Profit (loss) for the period before taxes9903€18,304-€44,494▼
Income taxes67/77€807€277▼
Profit (loss) for the period9904€17,497-€44,771▼
Profit (loss) for the period to be appropriated9905€17,497-€44,771▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,497-€44,771▼
Transfer from equity791/2-€17,497
Transfer to equity691/2€17,497-
To other reserves6921€17,497-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Non-recurring operating income76A-€3,602-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,711€30,045▲ 45.1%
Other operating charges640/8€10,233€2,666▼ 73.9%
Non-recurring operating charges66A€1,368--
Gross operating margin9900€49,405-€1,248▼ 103%
Operating profit (loss)9901€17,093-€33,959▼ 299%
Financial income75/76B€5,283€1,947▼ 63.1%
Recurring financial income75€5,283€1,947▼ 63.1%
Financial charges65/66B€4,073€12,482▲ 206%
Recurring financial charges65€4,073€12,482▲ 206%
Profit (loss) for the period before taxes9903€18,304-€44,494▼ 343%
Income taxes67/77€807€277▼ 65.7%
Profit (loss) for the period9904€17,497-€44,771▼ 356%
Profit (loss) for the period to be appropriated9905€17,497-€44,771▼ 356%
Line20222023Change
Assets
Total assets20/58€214,150€334,964▲ 56.4%
Fixed assets21/28€142,051€160,242▲ 12.8%
Tangible fixed assets22/27€141,791€159,982▲ 12.8%
Plant, machinery and equipment23€15,488€9,543▼ 38.4%
Furniture and vehicles24€2,704€4,958▲ 83.4%
Leasing and similar rights25€123,599€145,481▲ 17.7%
Financial fixed assets28€260€260=
Current assets29/58€72,099€174,722▲ 142%
Amounts receivable after more than one year29€15,000€15,000=
Other amounts receivable291€15,000€15,000=
Stocks and contracts in progress3€15,304€59,078▲ 286%
Stocks30/36€7,605€10,000▲ 31.5%
Contracts in progress37€7,699€49,078▲ 537%
Amounts receivable within one year40/41€28,152€97,433▲ 246%
Trade receivables40€14,550€75,764▲ 421%
Other amounts receivable41€13,602€21,670▲ 59.3%
Cash at bank and in hand54/58€8,723€1▼ 100.0%
Deferred charges and accrued income490/1€4,920€3,210▼ 34.8%
Equity and liabilities
Total equity and liabilities10/49€214,150€334,964▲ 56.4%
Equity10/15€22,497-€22,275▼ 199%
Contributions10/11€5,000€5,000=
Reserves13€17,497--
Distributable reserves133€17,497--
Profit (loss) carried forward14--€27,275-
Amounts payable17/49€191,653€357,239▲ 86.4%
Amounts payable after more than one year17€82,535€98,119▲ 18.9%
Financial debts170/4€82,535€98,119▲ 18.9%
Amounts payable within one year42/48€109,119€258,496▲ 137%
Current portion of amounts payable after more than one year42€20,549€27,703▲ 34.8%
Financial debts43-€1,022-
Credit institutions430/8-€1,022-
Trade debts44€83,407€225,286▲ 170%
Suppliers440/4€83,407€225,286▲ 170%
Taxes, remuneration and social security45€5,163€4,485▼ 13.1%
Taxes450/3€5,163€4,485▼ 13.1%
Accrued charges and deferred income492/3-€624-
Line20222023Change
Profit (loss) for the period9904€17,497-€44,771▼ 356%
+ Depreciation and write-downs630€20,711€30,045▲ 45.1%
Operating cash flow (approximation)€38,207-€14,726▼ 139%
Investment in fixed assets (approximation)--€48,236-
Change in cash--€8,723-

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
24-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 17-09-2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Lochristi · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
571 m²
Building footprint
113 m²
Parcel 44472B2272/00H003, Flanders. Linked by address, not a title deed.
1 establishment unit
E&G Projects
Sportstraat 7, 9185 LochristiManufacture of other builders' carpentry and joinery
since 20212.320.472.602
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44472B2272/00H003 Flanders 571 m² 1 · 112 m² -
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 MIEKE VERPLANCKE
ZUIDSTATIONSTRAAT 34-36, 9000 GENT
17-09-2024 → present

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,351 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
Founded27-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
43240Other construction installation
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.