FERRIBAT CONSTRUCT
Open bankruptcyFrom the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 19 February 2024
- Supervising judge
- Nathalie Wiringer
- Official Gazette
- 13-03-2024 (pdf) ↗search the document for 2024/110434
Deadlines
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 20 March 2024art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 27 March 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Appeal or third-party opposition until
- passed on 28 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- Late claim until
- passed on 19 February 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Jerome HenriAvenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierre- solon.eu
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Official details
KBO- Status
- Active since 12-03-2010 Open bankruptcy
- Legal form
- Private limited company (pre-2019)
- Registered office
- Waverse steenweg 1563, 1160 Oudergem
- Activity
- General construction of other non-residential buildings NACE 41003and 1 other
- Establishment unit
- 2.189.212.202 1160 Oudergem, since 12-03-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
How it is doing
Open bankruptcy: no score
Annual accounts 2022
- Turnover
- €414,909
- ▼ 28.6%
- Loss
- €4,803
- Equity
- €39,057
- ▼ 10.9%
- Total assets
- €105,600
- ▲ 9.3%
- Staff
- 1 FTE
- ▲ 11.1%
Filed on 22-05-2023PDF
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
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 filingsDeviation from the deadline
2022
70 days early
2021
17 days early
2020
19 days late
2019
24 days late
2018
7 days late
2017
29 days early
2016
30 days late
← 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 5 days before the deadline; the sector median (NACE 41) for financial year 2022 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2022, full format
Latest annual accounts filed
Annual accounts 2022
- Financial year ended
- 31-12-2022
- Filed on
- 22-05-2023
- Format
- full format
- Reference
- 2023-00101997
Turnover
€414,909▼ 28.6%
2021 · €580,851
EBIT margin
-1.0%▼ 4.6pp
2021 · 3.6%
Net result
-€4,803
2021 · €15,990
Working capital
€31,085▼ 27.4%
2021 · €42,792
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result turns negative in 2022: a loss of €4,254 after €20,652 in 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€414,909
2022
Operating result-€4,254
2022
Net result-€4,803
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€105,600
2022
Equity€39,057
2022
Debt€66,543
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€31,085
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-1.0%
2022
Return on assets (ROA)-4.5%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency37.0%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.47
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable
unfavourable
Line20182019202020212022
Turnover€35,546-€163,621▲ 360%€396,169▲ 142%€580,851▲ 46.6%€414,909▼ 28.6%
Operating result-€13,809--€10,928▲ 20.9%€17,783€20,652▲ 16.1%-€4,254
Net result-€17,890--€10,104▲ 43.5%€18,411within the sector's middle half€15,990within the sector's middle half▼ 13.2%-€4,803below the sector's middle half
EBIT margin-38.8%--6.7%▲ 32.2pp4.5%▲ 11.2pp3.6%▼ 0.9pp-1.0%▼ 4.6pp
Equity€19,562-€9,458▼ 51.7%€27,869below the sector's middle half▲ 195%€43,859below the sector's middle half▲ 57.4%€39,057below the sector's middle half▼ 10.9%
Total assets€25,599-€50,812▲ 98.5%€61,785below the sector's middle half▲ 21.6%€96,608below the sector's middle half▲ 56.4%€105,600below the sector's middle half▲ 9.3%
Debt€6,037-€41,354▲ 585%€33,916▼ 18.0%€52,749▲ 55.5%€66,543▲ 26.2%
Working capital€17,770-€6,399▼ 64.0%€26,574within the sector's middle half▲ 315%€42,792within the sector's middle half▲ 61.0%€31,085within the sector's middle half▼ 27.4%
Solvency76.4%-18.6%▼ 57.8pp45.1%within the sector's middle half▲ 26.5pp45.4%within the sector's middle half▲ 0.3pp37.0%within the sector's middle half▼ 8.4pp
Current ratio3.94-1.15▼ 2.791.78within the sector's middle half▲ 0.631.81within the sector's middle half▲ 0.031.47within the sector's middle half▼ 0.34
Return on assets (ROA)-69.9%--19.9%▲ 50.0pp29.8%above the sector's middle half▲ 49.7pp16.6%above the sector's middle half▼ 13.2pp-4.5%below the sector's middle half▼ 21.1pp
Staff (FTE)1-1=1below the sector's middle half=0.9below the sector's middle half▼ 10.0%1below the sector's middle half▲ 11.1%
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €105,600
Fixed assets
€7,972 ▲ 647%
Current assets
€97,628 ▲ 2.2%
Equity and liabilities €105,600
Equity
€39,057 ▼ 10.9%
Debt
€66,543 ▲ 26.2%
Debt's share of the balance-sheet total rises from 54.6% to 63.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1▼
2021 · €22,482
Cash flow
-€550▼
2021 · €17,820
Debt to equity
1.70▲
2021 · 1.20
ROE
-12.3%▼
2021 · 36.5%
Interest coverage
0.00▼
2021 · over 100
Debt ≤ 1 year
€66,543▲
2021 · €52,749
Income taxes
-€40▼
2021 · €4,600
Staff costs
€47,850▲
2021 · €36,666
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €35,546 | €163,621 | €396,169 | €580,851 | €414,909 | ▼ 28.6% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €520,822 | €364,095 | ▼ 30.1% |
| Remuneration, social security and pensions62 | - | - | - | €36,666 | €47,850 | ▲ 30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €732 | €1,732 | €1,763 | €1,830 | €4,253 | ▲ 132% |
| Other operating charges640/8 | - | - | - | €1,073 | €2,965 | ▲ 176% |
| Gross operating margin9900 | €1,239 | €13,082 | €41,460 | €60,221 | €50,814 | ▼ 15.6% |
| Operating profit (loss)9901 | -€13,809 | -€10,928 | €17,783 | €20,652 | -€4,254 | - |
| Recurring financial income75 | - | €6 | - | - | - | - |
| Financial charges65/66B | - | - | - | €62 | €588 | ▲ 844% |
| Recurring financial charges65 | €81 | €76 | €71 | €62 | €588 | ▲ 844% |
| Profit (loss) for the period before taxes9903 | -€13,890 | -€10,998 | €17,711 | €20,590 | -€4,842 | - |
| Income taxes67/77 | €4,000 | -€895 | -€700 | €4,600 | -€40 | - |
| Profit (loss) for the period9904 | -€17,890 | -€10,104 | €18,411 | €15,990 | -€4,803 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,890 | -€10,104 | €18,411 | €15,990 | -€4,803 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,599 | €50,812 | €61,785 | €96,608 | €105,600 | ▲ 9.3% |
| Fixed assets21/28 | €1,791 | €3,059 | €1,296 | €1,068 | €7,972 | ▲ 647% |
| Tangible fixed assets22/27 | €1,791 | €3,059 | €1,296 | €1,068 | €7,972 | ▲ 647% |
| Furniture and vehicles24 | - | - | - | €1,068 | €7,972 | ▲ 647% |
| Current assets29/58 | €23,808 | €47,752 | €60,490 | €95,541 | €97,628 | ▲ 2.2% |
| Amounts receivable within one year40/41 | €12,516 | €40,472 | €30,919 | €89,741 | €94,472 | ▲ 5.3% |
| Trade receivables40 | - | - | - | €87,658 | €90,501 | ▲ 3.2% |
| Other amounts receivable41 | - | - | - | €2,083 | €3,971 | ▲ 90.6% |
| Cash at bank and in hand54/58 | €11,292 | €7,280 | €29,570 | €5,800 | €3,157 | ▼ 45.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,599 | €50,812 | €61,785 | €96,608 | €105,600 | ▲ 9.3% |
| Equity10/15 | €19,562 | €9,458 | €27,869 | €43,859 | €39,057 | ▼ 10.9% |
| Contributions10/11 | €9,000 | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Capital10 | - | - | - | €9,000 | €9,000 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €9,600 | €9,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,702 | -€1,402 | €17,009 | €32,999 | €28,197 | ▼ 14.6% |
| Amounts payable17/49 | €6,037 | €41,354 | €33,916 | €52,749 | €66,543 | ▲ 26.2% |
| Amounts payable within one year42/48 | €6,037 | €41,354 | €33,916 | €52,749 | €66,543 | ▲ 26.2% |
| Financial debts43 | - | - | - | - | €9,227 | - |
| Other loans439 | - | - | - | - | €9,227 | - |
| Trade debts44 | €340 | €1,391 | €5,540 | €28,771 | €13,300 | ▼ 53.8% |
| Suppliers440/4 | - | - | - | €28,771 | €13,300 | ▼ 53.8% |
| Taxes, remuneration and social security45 | - | - | - | €13,265 | €8,014 | ▼ 39.6% |
| Taxes450/3 | - | - | - | €8,346 | €5,946 | ▼ 28.8% |
| Remuneration and social security454/9 | - | - | - | €4,918 | €2,068 | ▼ 57.9% |
| Other amounts payable47/48 | - | - | - | €10,713 | €36,002 | ▲ 236% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,890 | -€10,104 | €18,411 | €15,990 | -€4,803 | - |
| + Depreciation and write-downs630 | €732 | €1,732 | €1,763 | €1,830 | €4,253 | ▲ 132% |
| Operating cash flow (approximation) | -€17,158 | -€8,372 | €20,175 | €17,820 | -€550 | - |
| Investment in fixed assets (approximation) | - | -€3,000 | €0 | -€1,602 | -€11,157 | ▼ 597% |
| Change in cash | - | -€4,012 | €22,290 | -€23,770 | -€2,643 | ▲ 88.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | full format | 22-05-2023 | 2023-00101997 | |
| 31-12-2021 | full format | 14-07-2022 | 2022-20183753 | |
| 31-12-2020 | full format | 19-08-2021 | 2021-50900493 | |
| 31-12-2019 | full format | 24-08-2020 | 2020-44000423 | |
| 31-12-2018 | full format | 07-08-2019 | 2019-44300326 | |
| 31-12-2017 | full format | 02-07-2018 | 2018-27800067 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-55200241 | |
| 31-12-2015 | full format | 26-08-2016 | 2016-49900494 | |
| 31-12-2014 | full format | 13-07-2015 | 2015-30400212 | |
| 31-12-2013 | full format | 21-08-2014 | 2014-46100450 |
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Of the 2,413 active companies whose main activity is general construction of other non-residential buildings (NACE 41003), figures are known for 1,083. 696 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director
FERREIRA ALVES JOAQUIM MANUEL
Current
Director · in the 2022 annual accounts, filed on 22-05-2023
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FERREIRA ALVES JOAQUIM MANUEL |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jerome Henri Avenue Roger Vanden- Driessche 18, 1150 Woluwe-Saint-Pierre- solon.eu |
19-02-2024 → present |
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
2024
13-03
Bankruptcy
Opening
French-language Enterprise Court of Brussels · judgment of 19-02-2024
2023
22-05
financial year 2022 · full format
2022
14-07
financial year 2021 · full format
2021
19-08
financial year 2020 · full format · 19 days late
2020
31-12
Financial
Back to profitnet €18,411
Net result €18,411 after 2 loss-making years.
24-08
financial year 2019 · full format · 24 days late
2019
07-08
financial year 2018 · full format · 7 days late
2018
02-07
financial year 2017 · full format
2017
30-08
financial year 2016 · full format · 30 days late
2016
26-08
financial year 2015 · full format · 26 days late
2015
13-07
financial year 2014 · full format
2014
21-08
financial year 2013 · full format · 21 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Opening faillissement
FERRIBAT CONSTRUCT is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company (pre-2019)
- Active since
- 12 March 2010
Register details
Who it is
Name
FERRIBAT CONSTRUCT in French
Enterprise number
0823.879.101
Type
Legal entity
Where it is based
Registered office
Waverse steenweg 1563, 1160 Oudergem, Belgium
Establishments
1 establishment unit since 2010
What it does
NACEBEL 202541003
General construction of other non-residential buildings main activity
41002
General construction of office buildings
Invoicing and payment
VAT number
BE 0823.879.101
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Registered office and establishments
1 establishment unit
FERRIBAT CONSTRUCT
since 2010unit no. 2.189.212.202
Buildings and parcels at the address
Ground area
644 m²
Building footprint
156 m²
Building volume
1,160 m³
Parcel 21002A0091/00T023, Brussels · tallest building 13.5 m.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0091/00T023 | Brussels | 644 m² | 1 · 156 m² | 13.5 m · 3 |