ECONOME CONSTRUCT
BankruptcySummary
The KBO register records for ECONOME CONSTRUCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €89,562 and a net result of €15,152.
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Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
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.
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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
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-08-2023, 24 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
24 d late
2021
2 d early
2020
18 d late
2019
33 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
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 address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€89,562▲ 39.9%
2021 · €64,010
Total assets
€377,399▲ 167%
2021 · €141,379
Net result
€15,152▲ 93.4%
2021 · €7,833
Working capital
€148,780▲ 92.3%
2021 · €77,386
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
Line20182019202020212022
Operating result€8,581-€7,380▼ 14.0%€12,873▲ 74.4%€16,632▲ 29.2%€30,597▲ 84.0%
Net result€3,598-€3,363▼ 6.5%€4,496within the sector's middle half▲ 33.7%€7,833within the sector's middle half▲ 74.2%€15,152within the sector's middle half▲ 93.4%
Equity€48,318-€51,681▲ 7.0%€56,177within the sector's middle half▲ 8.7%€64,010within the sector's middle half▲ 13.9%€89,562within the sector's middle half▲ 39.9%
Total assets€80,192-€139,127▲ 73.5%€127,445within the sector's middle half▼ 8.4%€141,379within the sector's middle half▲ 10.9%€377,399above the sector's middle half▲ 167%
Debt€31,874-€87,446▲ 174%€71,268▼ 18.5%€77,369▲ 8.6%€284,238▲ 267%
Working capital€30,738-€36,514▲ 18.8%€43,045within the sector's middle half▲ 17.9%€77,386within the sector's middle half▲ 79.8%€148,780above the sector's middle half▲ 92.3%
Solvency60.3%-37.1%▼ 23.1pp44.1%within the sector's middle half▲ 6.9pp45.3%within the sector's middle half▲ 1.2pp23.7%within the sector's middle half▼ 21.5pp
Current ratio3.73-1.49▼ 2.241.65within the sector's middle half▲ 0.172.34within the sector's middle half▲ 0.681.65within the sector's middle half▼ 0.69
Return on assets (ROA)4.5%-2.4%▼ 2.1pp3.5%within the sector's middle half▲ 1.1pp5.5%within the sector's middle half▲ 2.0pp4.0%within the sector's middle half▼ 1.5pp
Staff (FTE)0.7
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
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 84% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €377,399
Fixed assets
€215 ▼ 96.5%
Current assets
€377,184 ▲ 179%
Equity and liabilities €377,399
Equity
€89,562 ▲ 39.9%
Provisions
€3,600
Debt
€284,238 ▲ 267%
Debt's share of the balance-sheet total rises from 54.7% to 75.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34,939▲
2021 · €20,974
Cash flow
€19,493▲
2021 · €12,175
Quick ratio
1.02▼
2021 · 2.24
Debt to equity
3.17▲
2021 · 1.21
ROE
16.9%▲
2021 · 12.2%
Interest coverage
13.07▲
2021 · 8.95
Debt ≤ 1 year
€228,405▲
2021 · €57,879
Debt > 1 year
€55,833▲
2021 · €19,490
Income taxes
€12,773▲
2021 · €6,451
Staff costs
€19,467
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €19,467 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,754 | €10,754 | €8,979 | €4,342 | €4,342 | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €3,600 | - |
| Other operating charges640/8 | - | - | - | €10,491 | €18,321 | ▲ 74.6% |
| Non-recurring operating charges66A | - | - | - | €2,771 | - | - |
| Gross operating margin9900 | €21,363 | €20,752 | €26,017 | €34,237 | €76,327 | ▲ 123% |
| Operating profit (loss)9901 | €8,581 | €7,380 | €12,873 | €16,632 | €30,597 | ▲ 84.0% |
| Financial charges65/66B | - | - | - | €2,348 | €2,673 | ▲ 13.8% |
| Recurring financial charges65 | €2,629 | €1,567 | €3,111 | €2,343 | €2,673 | ▲ 14.1% |
| Non-recurring financial charges66B | - | - | - | €6 | - | - |
| Profit (loss) for the period before taxes9903 | €5,951 | €5,812 | €9,762 | €14,284 | €27,925 | ▲ 95.5% |
| Income taxes67/77 | €2,353 | €2,449 | €5,266 | €6,451 | €12,773 | ▲ 98.0% |
| Profit (loss) for the period9904 | €3,598 | €3,363 | €4,496 | €7,833 | €15,152 | ▲ 93.4% |
| Profit (loss) for the period to be appropriated9905 | €3,598 | €3,363 | €4,496 | €7,833 | €15,152 | ▲ 93.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,192 | €139,127 | €127,445 | €141,379 | €377,399 | ▲ 167% |
| Fixed assets21/28 | €38,189 | €27,435 | €18,456 | €6,115 | €215 | ▼ 96.5% |
| Tangible fixed assets22/27 | €36,416 | €25,662 | €16,683 | €4,342 | - | - |
| Leasing and similar rights25 | - | - | - | €4,342 | - | - |
| Financial fixed assets28 | €1,773 | €1,773 | €1,773 | €1,773 | €215 | ▼ 87.9% |
| Current assets29/58 | €42,003 | €111,692 | €108,989 | €135,265 | €377,184 | ▲ 179% |
| Stocks and contracts in progress3 | €11,466 | €18,466 | €17,366 | €5,366 | €144,566 | ▲ 2,594% |
| Stocks30/36 | - | - | - | €5,366 | €10,366 | ▲ 93.2% |
| Contracts in progress37 | - | - | - | - | €134,200 | - |
| Amounts receivable within one year40/41 | €21,281 | €93,227 | €91,623 | €115,779 | €226,786 | ▲ 95.9% |
| Trade receivables40 | - | - | - | €94,765 | €215,390 | ▲ 127% |
| Other amounts receivable41 | - | - | - | €21,014 | €11,396 | ▼ 45.8% |
| Cash at bank and in hand54/58 | €9,255 | - | - | €14,120 | €5,832 | ▼ 58.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,192 | €139,127 | €127,445 | €141,379 | €377,399 | ▲ 167% |
| Equity10/15 | €48,318 | €51,681 | €56,177 | €64,010 | €89,562 | ▲ 39.9% |
| Contributions10/11 | €8,200 | €8,200 | €8,200 | €8,200 | €18,600 | ▲ 127% |
| Outside capital11 | - | - | - | €8,200 | €18,600 | ▲ 127% |
| Other1109/19 | - | - | - | €8,200 | €18,600 | ▲ 127% |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €38,258 | €41,621 | €46,117 | €53,950 | €69,102 | ▲ 28.1% |
| Provisions and deferred taxes16 | - | - | - | - | €3,600 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €3,600 | - |
| Environmental obligations163 | - | - | - | - | €3,600 | - |
| Amounts payable17/49 | €31,874 | €87,446 | €71,268 | €77,369 | €284,238 | ▲ 267% |
| Amounts payable after more than one year17 | €20,610 | €12,268 | €5,324 | €19,490 | €55,833 | ▲ 186% |
| Financial debts170/4 | - | - | - | €19,490 | €55,833 | ▲ 186% |
| Amounts payable within one year42/48 | €11,265 | €75,178 | €65,944 | €57,879 | €228,405 | ▲ 295% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,000 | €13,657 | ▼ 9.0% |
| Trade debts44 | - | €42,213 | €36,264 | €10,858 | €186,787 | ▲ 1,620% |
| Suppliers440/4 | - | - | - | €10,858 | €186,787 | ▲ 1,620% |
| Advances received on contracts in progress46 | - | - | - | - | €700 | - |
| Taxes, remuneration and social security45 | - | - | - | €11,718 | €23,160 | ▲ 97.7% |
| Taxes450/3 | - | - | - | €11,718 | €20,391 | ▲ 74.0% |
| Remuneration and social security454/9 | - | - | - | - | €2,769 | - |
| Other amounts payable47/48 | - | - | - | €20,303 | €4,100 | ▼ 79.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,598 | €3,363 | €4,496 | €7,833 | €15,152 | ▲ 93.4% |
| + Depreciation and write-downs630 | €10,754 | €10,754 | €8,979 | €4,342 | €4,342 | = |
| Operating cash flow (approximation) | €14,352 | €14,118 | €13,475 | €12,175 | €19,493 | ▲ 60.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €8,000 | €1,558 | ▼ 80.5% |
| Change in cash | - | - | - | - | -€8,288 | - |
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
2025
07-01
KBO administration
Address struck
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €15,152 ▲93.4%
Operating result €30,597, net result €15,152, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet €3,363 ▼6.5%
Net result drops to €3,363, the lowest in the series.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
28-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Ukkel · 1 establishment unit since 2010
Ground area
1,616 m²
Building footprint
1,089 m²
Volume, LiDAR
6,528 m³
Parcel 21614E0126/00A002, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
313
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20102.183.916.891
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
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.
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 6,257 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.