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FERRIBAT CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 2010Waverse steenweg 1563, 1160 Oudergem, BelgiumKBO/BCE: BE 0823.879.101

A bankruptcy procedure is open for FERRIBAT CONSTRUCT according to publications in the Belgian State Gazette; curator: JEROME HENRI.

Summary

The 2022 annual accounts show equity of €39k and a net result of €-5k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). 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 31-12-2022 was due by 31-07-2023 and was filed on 22-05-2023, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
70 d early
2021
17 d early
2020
19 d late
2019
24 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, full schema

Turnover
€415k▼ 28.6%
2021 · €581k
2018: €36k 2019: €164k 2020: €396k 2021: €581k
2018 → 2022
EBIT margin
-1.0%▼ 4.6pp
2021 · 3.6%
2018: -38.8% 2019: -6.7% 2020: 4.5% 2021: 3.6%
2018 → 2022
Net result
€-5k
2021 · €16k
2018: €-18k 2019: €-10k 2020: €18k 2021: €16k
2018 → 2022
Working capital
€31k▼ 27.4%
2021 · €43k
2018: €18k 2019: €6k 2020: €27k 2021: €43k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Turnover€36k-€164k▲ 360%€396k▲ 142%€581k▲ 46.6%€415k▼ 28.6%
Equity€20k-€9k▼ 51.7%€28k▲ 195%€44k▲ 57.4%€39k▼ 10.9%
Operating result€-14k-€-11k▲ 20.9%€18k€21k▲ 16.1%€-4k
Net result€-18k-€-10k▲ 43.5%€18k€16k▼ 13.2%€-5k
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2018: €-14k€-14kNet result 2018: €-18k€-18kOperating result 2019: €-11k€-11kNet result 2019: €-10k€-10kOperating result 2020: €18k€18kNet result 2020: €18k€18kOperating result 2021: €21k€21kNet result 2021: €16k€16kOperating result 2022: €-4k€-4kNet result 2022: €-5k€-5k20182019202020212022
The operating result turns negative in 2022: a loss of €4k after €21k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €106k
Fixed assets €8k▲ 647%
Current assets €98k▲ 2.2%
Equity and liabilities €106k
Equity €39k▼ 10.9%
Debt €67k▲ 26.2%
The debt ratio rises from 54.6% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€-1
2021 · €22k
Cash flow
€-550
2021 · €18k
Solvency
37.0%
2021 · 45.4%
Current ratio
1.47
2021 · 1.81
Quick ratio
1.47
2021 · 1.81
Debt / equity
1.70
2021 · 1.20
ROE
-12.3%
2021 · 36.5%
ROA
-4.5%
2021 · 16.6%
Interest coverage
0.00
2021 · 360.81
Debt
€67k
2021 · €53k
Debt ≤ 1 year
€67k
2021 · €53k
Income taxes
€-40
2021 · €5k
Staff costs
€48k
2021 · €37k
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€97k€106k
Fixed assets21/28€1k€8k
Tangible fixed assets22/27€1k€8k
Furniture and vehicles24€1k€8k
Current assets29/58€96k€98k
Amounts receivable within one year40/41€90k€94k
Trade receivables40€88k€91k
Other amounts receivable41€2k€4k
Cash at bank and in hand54/58€6k€3k
Equity and liabilities
Total equity and liabilities10/49€97k€106k
Equity10/15€44k€39k
Contributions10/11€9k€9k=
Capital10€9k€9k=
Issued capital100€19k€19k=
Uncalled capital101€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€33k€28k
Amounts payable17/49€53k€67k
Amounts payable within one year42/48€53k€67k
Financial debts43-€9k
Other loans439-€9k
Trade debts44€29k€13k
Suppliers440/4€29k€13k
Taxes, remuneration and social security45€13k€8k
Taxes450/3€8k€6k
Remuneration and social security454/9€5k€2k
Other amounts payable47/48€11k€36k
Income statement Code20212022
Turnover70€581k€415k
Goods, raw materials, services and sundry goods60/61€521k€364k
Remuneration, social security and pensions62€37k€48k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k
Other operating charges640/8€1k€3k
Gross operating margin9900€60k€51k
Operating profit (loss)9901€21k€-4k
Financial charges65/66B€62€588
Recurring financial charges65€62€588
Profit (loss) for the period before taxes9903€21k€-5k
Income taxes67/77€5k€-40
Profit (loss) for the period9904€16k€-5k
Profit (loss) for the period to be appropriated9905€16k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€33k€28k
Profit (loss) brought forward from the previous period14P€17k€33k
Social balance
Average headcount (FTE)90870.91.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2024
13-03
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · FERRIBAT CONSTRUCT SRL CHAUSSEE DE WAVRE 1563, 1160 AUDERGHEM · event 19-02-2024
2023
22-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
19-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial Back to profitnet €18k
Net result €18k after 2 loss-making years.
24-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
07-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
02-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 26 days late
2015
13-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
21-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Oudergem · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Waverse steenweg 15631160 Oudergem
Ground area
644 m²
Building footprint
156 m²
Volume, LiDAR
1,160 m³
Parcel 21002A0091/00T023, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FERRIBAT CONSTRUCT
Waverse steenweg 1563, 1160 OudergemConstruction of residential and non-residential buildings
since 20102.189.212.202
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21002A0091/00T023 Brussels 644 m² 1 · 156 m² 13.5 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 JEROME HENRI
AVENUE ROGER VANDEN- DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle- solon.eu
19-02-2024 → present

Similar companies · same sector, comparable size

Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 682 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded12-03-2010
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.