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ECONOME CONSTRUCT

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KBO/BCE: BE 0821.306.423
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age16 yrs
Staff (FTE)0.7
Real estate1 parcel · 1,616 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for ECONOME CONSTRUCT (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €90k and a net result of €15k.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
07-01-2025
KBO administration Address struck
 · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 24-08-2023 24 d late 2023-00356865
31-12-2021 31-07-2022 29-07-2022 2 d early 2022-20278359
31-12-2020 31-07-2021 18-08-2021 18 d late 2021-51100489
31-12-2019 31-07-2020 02-09-2020 33 d late 2020-50000163
31-12-2018 31-07-2019 12-08-2019 12 d late 2019-45800123
31-12-2017 31-07-2018 30-07-2018 1 d early 2018-40700143
31-12-2016 31-07-2017 23-08-2017 23 d late 2017-48200154
31-12-2015 31-07-2016 17-08-2016 17 d late 2016-43200114
31-12-2014 31-07-2015 27-08-2015 27 d late 2015-49400476

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags

1 event
Address struck

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€15k+93.4%
Working capital€149k+92.3%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 24-08-2023 with the NBB · fiscal year 2022 · micro
€0€20k€40kOperating result 2018: €9k€9kNet result 2018: €38k€38kOperating result 2019: €7k€7kNet result 2019: €42k€42kOperating result 2020: €13k€13kNet result 2020: €46k€46kOperating result 2021: €17k€17kNet result 2021: €8k€8kOperating result 2022: €31k€31kNet result 2022: €15k€15k20182019202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 23.7% 36.4%
better than 33% of 6533 sector peers
Net result €15k €12k
better than 55% of 6518 sector peers
Equity €90k €26k
better than 85% of 6539 sector peers
Gross operating margin €76k €32k
better than 76% of 6512 sector peers
Staff costs €19k €26k
higher than 45% of 2486 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P33
2020: P56 · n=16332021: P61 · n=35492022: P33 · n=65332020 2022
Weakening position over 2020-2022 · n=1633-6533
Net result P55
2020: P41 · n=16262021: P43 · n=35402022: P55 · n=65182020 2022
Improving position over 2020-2022 · n=1626-6518
Equity P85
2020: P59 · n=16352021: P75 · n=35522022: P85 · n=65392020 2022
Improving position over 2020-2022 · n=1635-6539
Gross operating margin P76
2020: P42 · n=16242021: P53 · n=35402022: P76 · n=65122020 2022
Improving position over 2020-2022 · n=1624-6512
Describes the position versus peers, not a forecast.
EBITDA
€35k
+66.6% 18-22
Net profit
€15k
+93.4% 18-22
Cash flow
€19k
+60.1% 18-22
Total assets
€377k
+166.9% 18-22
Equity
€90k
+39.9% 18-22
Working capital
€149k
+92.3% 18-22
Employees (FTE)
1
- 18-22
Staff costs
€19k
- 18-22
Income taxes
€13k
+98.0% 18-22
Debt
€284k
+267.4% 18-22
Debt ≤ 1y
€228k
+294.6% 18-22
Debt > 1y
€56k
+186.5% 18-22
Current ratio
1.65
-29.3% 18-22
Quick ratio
1.02
-54.6% 18-22
Solvency
23.7%
-47.6% 18-22
Debt / equity
3.17
+162.6% 18-22
ROE
16.9%
+38.2% 18-22
ROA
4.0%
-27.5% 18-22
Interest coverage
13.07
+46.0% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€35k
Net profit€15k
Cash flow€19k
Staff costs€19k
Income taxes€13k
Dividends-
Total assets€377k
Equity€90k
Debt€284k
of which ≤ 1y€228k
of which > 1y€56k
Working capital€149k
Employees (FTE)0.7
Ratios (computed)
2022
Current ratio1.65
Quick ratio1.02
Working capital ratio39.4%
Solvency23.7%
Debt / equity3.17
Long-term debt ratio0.62
Interest coverage13.07
Gross margin-
Net margin-
ROA4.0%
ROE16.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€377k
Fixed assets 21/28€215
Financial fixed assets 28€215
Current assets 29/58€377k
Stocks & contracts in progress 3€145k
Amounts receivable within one year 40/41€227k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€377k
Equity 10/15€90k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€69k
Provisions & deferred taxes 16€4k
Amounts payable 17/49€284k
Amounts payable after one year 17€56k
Amounts payable within one year 42/48€228k
Trade debts payable within one year 44€187k
Income statement
Gross operating margin 9900€76k
Operating result 9901€31k
Financial charges 65€3k
Result before taxes 9903€28k
Income taxes 67/77€13k
Net result for the period 9904€15k
Result to be appropriated 9905€15k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
21 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Former directors (1)
  • DRAGOI Marius
    Director (executive)
    State Gazette act 23330732 (05-04-2023)
    Former
    - → 05-04-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige gespecialiseerde bouwactiviteiten, neg(43990)
Legal form Public limited company(014)
Incorporation10-12-2009
StatusActive
Postal code-

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
309 companies at this address See who is registered here

Establishment units

1 location
Establishment
Vervaardiging van metalen constructiewerken of gebinten voor de bouw
since 20102.183.916.891
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,616 m²
Buildings1
Building footprint1,089 m²
Volume (LiDAR)6,528 m³
Tallest building12.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
07-01-2025
KBO administration Address struck
 · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-07 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Capital history · 1
05-04-2023
Capital change
All acts · 1 updated 3 years ago
2023
05-04-2023 Capital increase of €42,900 to €61,500 Capital & shares·Samuel WYNANT
  • €18.600 → €61.500
Notary: Samuel WYNANT · BruxellesFirm: Van Halteren, Notaires Associés

Analysis

Snowflake analysis

financial profile on 5 axes
Health21Profitability85Solvency49Growth52Stability0
41 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 21
Profitability 85
Solvency 49
Growth 52
Stability 0

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,966 of the 15,529 companies in this sector. 1,643 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameFR ECONOME CONSTRUCT
Registration history
  1. 07-01-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.