E & N CONSTRUCTION
InactiveE & N CONSTRUCTION was declared bankrupt on 22-04-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 21-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-10-2023, 70 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d late
2021
76 d early
2020
59 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€77k▲ 372%
2021 · €16k
2018: €-7k
2019: €-7k
2020: €-7k
2021: €16k
2018 → 2022
Total assets
€143k▲ 334%
2021 · €33k
2020: €16k
2021: €33k
2020 → 2022
Net result
€61k▲ 165%
2021 · €23k
2018: €-795
2019: €-779
2020: €854
2021: €23k
2018 → 2022
Working capital
€44k▲ 416%
2021 · €9k
2020: €-7k
2021: €9k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€-7k-€-7k▼ 11.7%€-7k▲ 11.5%€16k€77k▲ 372%
Operating result€-795-€-779▲ 2.0%€854€23k▲ 2,607%€93k▲ 304%
Net result€-795-€-779▲ 2.0%€854€23k▲ 2,578%€61k▲ 165%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2022 is 304% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €143k
Fixed assets
€33k▲ 322%
Current assets
€110k▲ 337%
Equity and liabilities €143k
Equity
€77k▲ 372%
Debt
€66k▲ 297%
The debt ratio falls from 50.6% to 46.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▲
2021 · €26k
Cash flow
€72k▲
2021 · €26k
Solvency
53.7%▲
2021 · 49.4%
Current ratio
1.66▲
2021 · 1.51
Quick ratio
1.66▲
2021 · 1.51
Debt / equity
0.86▼
2021 · 1.02
ROE
78.8%▼
2021 · 140.4%
ROA
42.3%▼
2021 · 69.3%
Interest coverage
33.59▼
2021 · 103.43
Debt
€66k▲
2021 · €17k
Debt ≤ 1 year
€66k▲
2021 · €17k
Income taxes
€30k
Staff costs
€23k▼
2021 · €39k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€33k€143k▲
Fixed assets21/28€8k€33k▲
Tangible fixed assets22/27€7k€32k▲
Furniture and vehicles24€7k€32k▲
Financial fixed assets28€900€900=
Current assets29/58€25k€110k▲
Amounts receivable within one year40/41€25k€106k▲
Trade receivables40€21k-
Other amounts receivable41€4k€106k▲
Cash at bank and in hand54/58€92€4k▲
Equity and liabilities
Total equity and liabilities10/49€33k€143k▲
Equity10/15€16k€77k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€2k€63k▲
Amounts payable17/49€17k€66k▲
Amounts payable within one year42/48€17k€66k▲
Trade debts44€5k€22k▲
Suppliers440/4€5k€22k▲
Taxes, remuneration and social security45€12k€44k▲
Taxes450/3€5k€36k▲
Remuneration and social security454/9€7k€8k▲
Income statement
Code20212022
Remuneration, social security and pensions62€39k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€69k
Other operating charges640/8€437€7k▲
Gross operating margin9900€66k€204k▲
Operating profit (loss)9901€23k€93k▲
Financial income75/76B€1€252▲
Recurring financial income75€1€252▲
Financial charges65/66B€253€3k▲
Recurring financial charges65€253€3k▲
Profit (loss) for the period before taxes9903€23k€90k▲
Income taxes67/77-€30k
Profit (loss) for the period9904€23k€61k▲
Profit (loss) for the period to be appropriated9905€23k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€63k▲
Profit (loss) brought forward from the previous period14P€-21k€2k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · E&N CONSTRUCTION BV EXCELSIORLAAN 31, 1930 ZAVENTEM · event 14-10-2025
29-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · E&N CONSTRUCTION BV EXCELSIORLAAN 31, 1930 ZAVENTEM · event 22-04-2025
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €61k ▲165%
Operating result €93k, net result €61k, both a record.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.51
Current ratio from 0.71 to 1.51; short-term debt falls from €23k to €17k.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €854
Net result €854 after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
22-04-2025 → present |