ENTIRUS GROUP
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
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 14 April 2026
- Supervising judge
- Rik Dekyvere
- Official Gazette
- 21-04-2026 (pdf) ↗search the document for 2026/117260
Deadlines
- Provisional date payments stopped
- 14 April 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 6 May 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 14 May 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 2 June 2026Goods 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
- 14 April 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Carmen MatthijsOude Ieperstraat 4, 8560 Wevelgemcarmen.matthijs@lysiasadvocaten.be
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.
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2098 sector peers (2024).
NBB · sector comparisonPosition among 2098 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
2024
29 d late
2023
20 d late
2022
33 d early
2021
17 d late
2020
134 d early
2019
127 d early
2018
26 d early
← 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 36 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
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 Are there other customers at risk in your own list?Process a list How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€1,207
2023 · -€12,909
Total assets
€885,335▲ 34.7%
2023 · €657,478
Net result
€14,116▼ 64.0%
2023 · €39,231
Working capital
-€45,417▲ 25.4%
2023 · -€60,906
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€34,088▼ 74.4%€33,425▼ 1.9%€59,277▲ 77.3%€55,525▼ 6.3%€39,172▼ 29.5%
Net result€26,582within the sector's middle half▼ 78.7%€31,920above the sector's middle half▲ 20.1%€53,453within the sector's middle half▲ 67.5%€39,231within the sector's middle half▼ 26.6%€14,116within the sector's middle half▼ 64.0%
Equity-€137,513below the sector's middle half▲ 16.2%-€105,592below the sector's middle half▲ 23.2%-€52,140below the sector's middle half▲ 50.6%-€12,909below the sector's middle half▲ 75.2%€1,207below the sector's middle half
Total assets€321,639below the sector's middle half▲ 20.0%€295,159within the sector's middle half▼ 8.2%€430,290within the sector's middle half▲ 45.8%€657,478within the sector's middle half▲ 52.8%€885,335within the sector's middle half▲ 34.7%
Debt€459,152▲ 6.3%€400,751▼ 12.7%€482,429▲ 20.4%€670,387▲ 39.0%€884,129▲ 31.9%
Working capital-€139,200below the sector's middle half▼ 106%-€136,282below the sector's middle half▲ 2.1%-€89,708below the sector's middle half▲ 34.2%-€60,906below the sector's middle half▲ 32.1%-€45,417below the sector's middle half▲ 25.4%
Solvency-42.8%below the sector's middle half▲ 18.5pp-35.8%below the sector's middle half▲ 7.0pp-12.1%below the sector's middle half▲ 23.7pp-2.0%below the sector's middle half▲ 10.2pp0.1%below the sector's middle half▲ 2.1pp
Current ratio0.67below the sector's middle half▼ 0.090.62below the sector's middle half▼ 0.050.81below the sector's middle half▲ 0.190.90below the sector's middle half▲ 0.090.95below the sector's middle half▲ 0.05
Return on assets (ROA)8.3%within the sector's middle half▼ 38.3pp10.8%within the sector's middle half▲ 2.6pp12.4%above the sector's middle half▲ 1.6pp6.0%within the sector's middle half▼ 6.5pp1.6%within the sector's middle half▼ 4.4pp
Staff (FTE)3within the sector's middle half▲ 25.0%3.2▲ 6.7%4.1within the sector's middle half▲ 28.1%6.5within the sector's middle half▲ 58.5%7.6within the sector's middle half▲ 16.9%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €885,335
Fixed assets
€92,765 ▼ 21.6%
Current assets
€792,571 ▲ 47.0%
Equity and liabilities €885,335
Equity
€1,207
Debt
€884,129
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€72,103▼
2023 · €78,291
Cash flow
€47,046▼
2023 · €61,997
Interest coverage
5.58▼
2023 · 8.08
Debt ≤ 1 year
€837,988▲
2023 · €600,020
Debt > 1 year
€45,110▼
2023 · €69,076
Income taxes
€13,816▲
2023 · €6,872
Staff costs
€519,201▲
2023 · €415,016
A ratio outside any meaningful range has been withheld (balance sheet total €885,335, equity €1,207).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €14,213 | €9,352 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €100,597 | €201,406 | €415,016 | €519,201 | ▲ 25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,008 | €15,900 | €18,590 | €22,766 | €32,930 | ▲ 44.6% |
| Other operating charges640/8 | - | €3,209 | €3,899 | €2,521 | €1,760 | ▼ 30.2% |
| Non-recurring operating charges66A | - | €261 | €0 | - | - | - |
| Gross operating margin9900 | €207,980 | €153,392 | €283,172 | €495,828 | €593,063 | ▲ 19.6% |
| Operating profit (loss)9901 | €34,088 | €33,425 | €59,277 | €55,525 | €39,172 | ▼ 29.5% |
| Financial income75/76B | - | €5,777 | €1,562 | €272 | €1,689 | ▲ 520% |
| Recurring financial income75 | €183 | €20 | €1,562 | €272 | €1,689 | ▲ 520% |
| Non-recurring financial income76B | - | €5,757 | €0 | - | - | - |
| Financial charges65/66B | - | €6,166 | €7,214 | €9,694 | €12,929 | ▲ 33.4% |
| Recurring financial charges65 | €6,691 | €4,550 | €5,151 | €9,694 | €12,929 | ▲ 33.4% |
| Non-recurring financial charges66B | - | €1,616 | €2,063 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €27,580 | €33,037 | €53,626 | €46,103 | €27,932 | ▼ 39.4% |
| Income taxes67/77 | €998 | €1,116 | €173 | €6,872 | €13,816 | ▲ 101% |
| Profit (loss) for the period9904 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| Profit (loss) for the period to be appropriated9905 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €321,639 | €295,159 | €430,290 | €657,478 | €885,335 | ▲ 34.7% |
| Fixed assets21/28 | €43,916 | €73,877 | €55,886 | €118,364 | €92,765 | ▼ 21.6% |
| Tangible fixed assets22/27 | €41,464 | €71,425 | €53,434 | €115,912 | €90,313 | ▼ 22.1% |
| Plant, machinery and equipment23 | - | €2,471 | €1,995 | €2,169 | €1,499 | ▼ 30.9% |
| Furniture and vehicles24 | - | €1,157 | €170 | €7,554 | €8,063 | ▲ 6.7% |
| Leasing and similar rights25 | - | €48,952 | €35,062 | €92,622 | €69,822 | ▼ 24.6% |
| Other tangible fixed assets26 | - | €18,845 | €16,206 | €13,567 | €10,929 | ▼ 19.4% |
| Financial fixed assets28 | €2,452 | €2,452 | €2,452 | €2,452 | €2,452 | = |
| Current assets29/58 | €277,723 | €221,282 | €374,404 | €539,114 | €792,571 | ▲ 47.0% |
| Stocks and contracts in progress3 | €3,500 | €0 | €60,000 | €20,000 | €0 | ▼ 100% |
| Stocks30/36 | - | €0 | - | - | - | - |
| Contracts in progress37 | - | - | €60,000 | €20,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €211,601 | €187,547 | €233,273 | €345,459 | €577,029 | ▲ 67.0% |
| Trade receivables40 | - | €167,515 | €213,273 | €325,190 | €557,029 | ▲ 71.3% |
| Other amounts receivable41 | - | €20,033 | €20,000 | €20,269 | €20,000 | ▼ 1.3% |
| Cash at bank and in hand54/58 | €54,075 | €26,811 | €76,401 | €152,679 | €193,723 | ▲ 26.9% |
| Deferred charges and accrued income490/1 | - | €6,923 | €4,730 | €20,976 | €21,819 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €321,639 | €295,159 | €430,290 | €657,478 | €885,335 | ▲ 34.7% |
| Equity10/15 | -€137,513 | -€105,592 | -€52,140 | -€12,909 | €1,207 | ▲ 109% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €30,195 | €30,195 | €30,195 | €30,195 | €30,195 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | €28,195 | €28,195 | €28,195 | €28,195 | = |
| Profit (loss) carried forward14 | -€187,708 | -€155,787 | -€102,335 | -€63,104 | -€48,988 | ▲ 22.4% |
| Amounts payable17/49 | €459,152 | €400,751 | €482,429 | €670,387 | €884,129 | ▲ 31.9% |
| Amounts payable after more than one year17 | €39,663 | €42,901 | €17,588 | €69,076 | €45,110 | ▼ 34.7% |
| Financial debts170/4 | - | €31,651 | €17,588 | €69,076 | €45,110 | ▼ 34.7% |
| Trade debts175 | - | €11,250 | €0 | - | - | - |
| Amounts payable within one year42/48 | €416,923 | €357,563 | €464,112 | €600,020 | €837,988 | ▲ 39.7% |
| Current portion of amounts payable after more than one year42 | - | €15,312 | €14,063 | €23,130 | €23,966 | ▲ 3.6% |
| Financial debts43 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Credit institutions430/8 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Trade debts44 | €188,905 | €68,186 | €164,948 | €274,851 | €486,668 | ▲ 77.1% |
| Suppliers440/4 | - | €68,186 | €164,948 | €274,851 | €486,668 | ▲ 77.1% |
| Taxes, remuneration and social security45 | - | €20,151 | €30,538 | €47,718 | €72,750 | ▲ 52.5% |
| Taxes450/3 | - | €16,816 | €14,713 | €20,278 | €39,068 | ▲ 92.7% |
| Remuneration and social security454/9 | - | €3,335 | €15,825 | €27,440 | €33,682 | ▲ 22.7% |
| Other amounts payable47/48 | - | €103,914 | €104,562 | €104,322 | €104,604 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | €286 | €730 | €1,291 | €1,031 | ▼ 20.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,582 | €31,920 | €53,453 | €39,231 | €14,116 | ▼ 64.0% |
| + Depreciation and write-downs630 | €32,008 | €15,900 | €18,590 | €22,766 | €32,930 | ▲ 44.6% |
| Operating cash flow (approximation) | €58,590 | €47,820 | €72,043 | €61,997 | €47,046 | ▼ 24.1% |
| Investment in fixed assets (approximation) | - | -€45,861 | -€599 | -€85,245 | -€7,331 | ▲ 91.4% |
| Change in cash | - | -€27,264 | €49,590 | €76,278 | €41,044 | ▼ 46.2% |
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
2026
21-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 14-04-2026
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €124,675
Net result €124,675 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zwevegem · 2 establishment units since 2012
Ground area
2,253 m²
Building footprint
584 m²
Volume, LiDAR
5,657 m³
2 parcels, Flanders · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
ENTIRUS GROUP
since 20122.216.016.963
Kortrijkstraat(Z) 133A, 8550 Zwevegem
since 20242.355.723.588
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0103/00A002 | Flanders | 1,889 m² | 1 · 355 m² | 17.9 m · 4 fl. |
| 34042D0867/00D000 | Flanders | 364 m² | 1 · 229 m² | 4.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 | Carmen MATTHIJS Oude Ieperstraat 4, 8560 Wevelgem |
14-04-2026 → present |
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 606 EUR awarded · 481 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 60 EUR | 60 EUR |
| 2024 | 1 | 421 EUR | 421 EUR |
| 2023 | 1 | 125 EUR | 0 EUR |
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 2,182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
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 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.