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ERES CONSTRUCT

Open bankruptcy
Private limited companyfounded 2018KBO/BCE: BE 0713.635.433

A bankruptcy procedure is open for ERES CONSTRUCT according to publications in the Belgian State Gazette; curator: Luc PLESSERS.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show negative equity (-€40,580) and a net result of -€43,190.

ERES CONSTRUCTOpen 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 Brussels
Declared bankrupt
18 April 2023
Supervising judge
Stijn Mollemans
Official Gazette
24-04-2023 (pdf) ↗search the document for 2023/115754

Deadlines

Provisional date payments stopped
18 April 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 9 May 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 18 May 2023art. XX.104 and XX.155 CEL
First verification report
passed on 24 May 2023Goods 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 18 April 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Luc PlessersKunstlaan 24 Bus 9 A, 1000 Brussel 1secretary@drpadvocaten.be

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

Four 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 31-12-2021 was due by 31-07-2022 and was filed on 04-07-2022, 27 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
27 d early
2020
18 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 publications
Publications
Address struck

History

ERES CONSTRUCT was incorporated on 16 November 2018.1 Total assets fell from EUR 330,632 in 2019 to EUR 229,471 in 2021.2 On 18 April 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 24-04-2023

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€40,580
2020 · €2,610
Total assets
€229,471▼ 46.0%
2020 · €424,729
Net result
-€43,190▼ 164%
2020 · -€16,386
Working capital
-€59,134▼ 193%
2020 · -€20,176
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line201920202021
Operating result€25,532--€12,052-€38,736▼ 221%
Net result€20,095--€16,386below the sector's middle half-€43,190below the sector's middle half▼ 164%
Equity€18,995-€2,610below the sector's middle half▼ 86.3%-€40,580below the sector's middle half
Total assets€330,632-€424,729below the sector's middle half▲ 28.5%€229,471below the sector's middle half▼ 46.0%
Debt€311,637-€422,119▲ 35.5%€270,051▼ 36.0%
Working capital€7,530--€20,176within the sector's middle half-€59,134within the sector's middle half▼ 193%
Solvency5.7%-0.6%below the sector's middle half▼ 5.1pp-17.7%below the sector's middle half▼ 18.3pp
Current ratio1.03-0.94within the sector's middle half▼ 0.090.76within the sector's middle half▼ 0.18
Return on assets (ROA)6.1%--3.9%below the sector's middle half▼ 9.9pp-18.8%below the sector's middle half▼ 15.0pp
Staff (FTE)0.5below the sector's middle half0.6below the sector's middle half▲ 20.0%
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2019: €25,532€25,532Net result 2019: €20,095€20,095Operating result 2020: -€12,052-€12,052Net result 2020: -€16,386-€16,386Operating result 2021: -€38,736-€38,736Net result 2021: -€43,190-€43,190201920202021-€60,000-€40,000-€20,000€0€20,000Operating result 2019: €25,532€25,500Net result 2019: €20,095€20,100Operating result 2020: -€12,052-€12,100Net result 2020: -€16,386-€16,400Operating result 2021: -€38,736-€38,700Net result 2021: -€43,190-€43,200201920202021
The operating result stays negative: a loss of €38,736 in 2021 against €12,052 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €229,471
Fixed assets €37,531 ▼ 52.2%
Current assets €191,939 ▼ 44.6%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€16,022▼
2020 · €24,157
Cash flow
-€20,476▼
2020 · €19,824
Quick ratio
0.73▲
2020 · 0.55
Debt to equity
-6.65▼
2020 · 20.98
Interest coverage
-3.43
Debt ≤ 1 year
€251,073▼
2020 · €366,409
Debt > 1 year
€18,011▼
2020 · €54,743
Income taxes
€422▲
2020 · -€767
Staff costs
€28,928
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 · 2021 against 2020 · 53 lines
Balance sheet Code20202021
Assets
Total assets20/58€424,729€229,471▼
Fixed assets21/28€78,496€37,531▼
Intangible fixed assets21€8,254€16,065▲
Tangible fixed assets22/27€69,191€20,416▼
Plant, machinery and equipment23-€4,784
Furniture and vehicles24-€15,632
Financial fixed assets28€1,050€1,050=
Current assets29/58€346,233€191,939▼
Stocks and contracts in progress3€144,836€7,500▼
Stocks30/36-€7,500
Amounts receivable within one year40/41€154,133€99,478▼
Trade receivables40-€97,998
Other amounts receivable41-€1,480
Cash at bank and in hand54/58€47,264€84,961▲
Equity and liabilities
Total equity and liabilities10/49€424,729€229,471▼
Equity10/15€2,610-€40,580▼
Contributions10/11-€18,900
Reserves13€70€70=
Tax-exempt reserves132-€70
Profit (loss) carried forward14-€16,360-€59,550▼
Amounts payable17/49€422,119€270,051▼
Amounts payable after more than one year17€54,743€18,011▼
Financial debts170/4-€18,011
Amounts payable within one year42/48€366,409€251,073▼
Current portion of amounts payable after more than one year42-€22,584
Financial debts43-€32,235
Credit institutions430/8-€0
Other loans439-€32,235
Trade debts44€14,418€99,117▲
Suppliers440/4-€99,117
Taxes, remuneration and social security45-€44,721
Taxes450/3-€42,285
Remuneration and social security454/9-€2,435
Other amounts payable47/48-€52,416
Accrued charges and deferred income492/3-€967
Income statement Code20202021
Remuneration, social security and pensions62-€28,928
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,210€22,714▼
Other operating charges640/8-€10,924
Non-recurring operating charges66A-€1,821
Gross operating margin9900€61,415€25,652▼
Operating profit (loss)9901-€12,052-€38,736▼
Financial income75/76B-€637
Recurring financial income75€1,416€637▼
Financial charges65/66B-€4,670
Recurring financial charges65€6,516€4,670▼
Profit (loss) for the period before taxes9903-€17,152-€42,768▼
Income taxes67/77-€767€422▲
Profit (loss) for the period9904-€16,386-€43,190▼
Transfer to tax-exempt reserves689-€0
Profit (loss) for the period to be appropriated9905-€16,455-€43,190▼
Appropriation of the result
Profit (loss) to be appropriated9906--€59,550
Profit (loss) brought forward from the previous period14P--€16,360
Social balance
Average headcount (FTE)9087-0.6

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Remuneration, social security and pensions62--€28,928-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,871€36,210€22,714▼ 37.3%
Other operating charges640/8--€10,924-
Non-recurring operating charges66A--€1,821-
Gross operating margin9900€62,917€61,415€25,652▼ 58.2%
Operating profit (loss)9901€25,532-€12,052-€38,736▼ 221%
Financial income75/76B--€637-
Recurring financial income75€325€1,416€637▼ 55.0%
Financial charges65/66B--€4,670-
Recurring financial charges65€3,536€6,516€4,670▼ 28.3%
Profit (loss) for the period before taxes9903€22,320-€17,152-€42,768▼ 149%
Income taxes67/77€2,225-€767€422▲ 155%
Profit (loss) for the period9904€20,095-€16,386-€43,190▼ 164%
Transfer to tax-exempt reserves689--€0-
Profit (loss) for the period to be appropriated9905€20,095-€16,455-€43,190▼ 162%
Line201920202021Change
Assets
Total assets20/58€330,632€424,729€229,471▼ 46.0%
Fixed assets21/28€71,826€78,496€37,531▼ 52.2%
Intangible fixed assets21-€8,254€16,065▲ 94.6%
Tangible fixed assets22/27€69,902€69,191€20,416▼ 70.5%
Plant, machinery and equipment23--€4,784-
Furniture and vehicles24--€15,632-
Financial fixed assets28€1,924€1,050€1,050=
Current assets29/58€258,806€346,233€191,939▼ 44.6%
Stocks and contracts in progress3€133,514€144,836€7,500▼ 94.8%
Stocks30/36--€7,500-
Amounts receivable within one year40/41€122,569€154,133€99,478▼ 35.5%
Trade receivables40--€97,998-
Other amounts receivable41--€1,480-
Cash at bank and in hand54/58€2,677€47,264€84,961▲ 79.8%
Equity and liabilities
Total equity and liabilities10/49€330,632€424,729€229,471▼ 46.0%
Equity10/15€18,995€2,610-€40,580▼ 1,655%
Contributions10/11€18,900-€18,900-
Reserves13-€70€70=
Tax-exempt reserves132--€70-
Profit (loss) carried forward14€95-€16,360-€59,550▼ 264%
Amounts payable17/49€311,637€422,119€270,051▼ 36.0%
Amounts payable after more than one year17€59,444€54,743€18,011▼ 67.1%
Financial debts170/4--€18,011-
Amounts payable within one year42/48€251,276€366,409€251,073▼ 31.5%
Current portion of amounts payable after more than one year42--€22,584-
Financial debts43--€32,235-
Credit institutions430/8--€0-
Other loans439--€32,235-
Trade debts44€25,164€14,418€99,117▲ 587%
Suppliers440/4--€99,117-
Taxes, remuneration and social security45--€44,721-
Taxes450/3--€42,285-
Remuneration and social security454/9--€2,435-
Other amounts payable47/48--€52,416-
Accrued charges and deferred income492/3--€967-
Line201920202021Change
Profit (loss) for the period9904€20,095-€16,386-€43,190▼ 164%
+ Depreciation and write-downs630€33,871€36,210€22,714▼ 37.3%
Operating cash flow (approximation)€53,966€19,824-€20,476▼ 203%
Investment in fixed assets (approximation)--€42,879€18,251▲ 143%
Change in cash-€44,587€37,697▼ 15.5%

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
22-03
KBO administration Address struck
Excelsiorlaan 31 1930 L’adresse du siège Excelsiorlaan 31 1930 Die Sitzadresse Excelsiorlaan 31 1930 Zaven- Zaventem is doorgehaald met ingang van Zaventem · event 15-12-2023
2023
24-04
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 18-04-2023
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet -€43,190
Net result drops to -€43,190, the lowest in the series.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has 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
3 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, Zaventem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,302 m²
Building footprint
819 m²
Volume, LiDAR
5,691 m³
2 parcels, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
83 companies at this address See who is registered here
1 establishment unit
DESEYN CONSTRUCT
Klein-Antwerpenstraat 111, 9280 LebbekeManufacture of other builders' carpentry and joinery
since 20182.282.135.727
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0045/00P003 Flanders 1,858 m² 1 · 596 m² 13.3 m · 3 fl.
42322C0753/00Y003 Flanders 443 m² 1 · 223 m² 10.2 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 Luc PLESSERS
KUNSTLAAN 24 BUS 9 A, 1000 BRUSSEL 1
18-04-2023 → present

Similar companies · same sector, comparable size

Of 1,294 companies in sector 68122 we hold annual accounts for 904. 136 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
Founded16-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
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 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.