FRANBEO CONSTRUCT
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
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 16 March 2026
- Supervising judge
- Renaud Witmeur
- Official Gazette
- 23-03-2026 (pdf) ↗search the document for 2026/112566
Deadlines
- Appeal or third-party opposition until
- passed on 7 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 15 April 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 22 April 2026Reclaim 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
- Late claim until
- 16 March 2027A 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
- Virginie SalteurAenue Du Centenaire 120, 1400 Nivellesvirginie.salteur@cc-lex.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- 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, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
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
Embed in an article
Writing about this bankruptcy? Embed the FRANBEO CONSTRUCT company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Activity
Activity not known1 site
Size
€42,694turnover 2023
- Equity
- €23,636
- Loss
- -€5,355
Financial health
Open bankruptcy: no score
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsShow the evidence
Signals
Two signals.
raises risk
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 publicationsPublications
Address struck
- OpeningFrench-language Enterprise Court of Brussels…
- Address struckMontenegrostraat, 1190 Forest · event…
- Resignation: Fotso Takam Carlos (director)Appointment: Cruz De Oliveira Khenilson…
Financials · financial year 2023, micro format
2023 annual accounts filed late (106 days) Filed on 14 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00600488.
Turnover
€42,694▼ 58.4%
2022 · €102,754
EBIT margin
-11.9%▼ 14.6pp
2022 · 2.7%
Net result
-€5,355
2022 · €2,564
Working capital
€5,058▼ 62.7%
2022 · €13,559
Trend over the years
2020 to 2023, 4 financial years
The operating result turns negative in 2023: a loss of €5,095 after €2,725 in 2022, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€42,694
2023
Operating result-€5,095
2023
Net result-€5,355
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€25,030
2023
Equity€23,636
2023
Debt€1,394
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€5,058
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-11.9%
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2020202120222023
Turnover€65,585-€118,358▲ 80.5%€102,754▼ 13.2%€42,694▼ 58.4%
Operating result€12,574-€18,319▲ 45.7%€2,725▼ 85.1%-€5,095
Net result€10,003-€13,540▲ 35.4%€2,564▼ 81.1%-€5,355
EBIT margin19.2%-15.5%▼ 3.7pp2.7%▼ 12.8pp-11.9%▼ 14.6pp
Equity€12,503-€26,042▲ 108%€31,532▲ 21.1%€23,636▼ 25.0%
Total assets€16,710-€48,811▲ 192%€52,982▲ 8.5%€25,030▼ 52.8%
Debt€4,207-€22,769▲ 441%€21,450▼ 5.8%€1,394▼ 93.5%
Working capital€9,410-€15,180▲ 61.3%€13,559▼ 10.7%€5,058▼ 62.7%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €25,030
Fixed assets
€18,578 ▼ 21.0%
Current assets
€6,452 ▼ 78.1%
Equity and liabilities €25,030
Equity
€23,636 ▼ 25.0%
Debt
€1,394 ▼ 93.5%
Debt's share of the balance-sheet total falls from 40.5% to 5.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€157▼
2022 · €6,384
Cash flow
-€417▼
2022 · €6,223
Current ratio
4.63▲
2022 · 1.85
Debt to equity
0.06▼
2022 · 0.68
ROE
-22.7%▼
2022 · 8.1%
ROA
-21.4%▼
2022 · 4.8%
Interest coverage
-0.60▼
2022 · 39.77
Debt ≤ 1 year
€1,394▼
2022 · €15,908
Staff costs
€17,500▼
2022 · €30,120
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 | Change |
|---|---|---|---|---|---|
| Turnover70 | €65,585 | €118,358 | €102,754 | €42,694 | ▼ 58.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €96,976 | €65,936 | €24,644 | ▼ 62.6% |
| Remuneration, social security and pensions62 | - | - | €30,120 | €17,500 | ▼ 41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €621 | €2,926 | €3,659 | €4,938 | ▲ 35.0% |
| Other operating charges640/8 | - | €137 | €314 | €707 | ▲ 125% |
| Gross operating margin9900 | €13,550 | €21,382 | €36,818 | €18,050 | ▼ 51.0% |
| Operating profit (loss)9901 | €12,574 | €18,319 | €2,725 | -€5,095 | - |
| Financial charges65/66B | - | €122 | €161 | €261 | ▲ 62.3% |
| Recurring financial charges65 | - | €122 | €161 | €261 | ▲ 62.3% |
| Profit (loss) for the period before taxes9903 | €12,574 | €18,197 | €2,564 | -€5,355 | - |
| Income taxes67/77 | €2,571 | €4,657 | - | - | - |
| Profit (loss) for the period9904 | €10,003 | €13,540 | €2,564 | -€5,355 | - |
| Profit (loss) for the period to be appropriated9905 | €10,003 | €13,540 | €2,564 | -€5,355 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16,710 | €48,811 | €52,982 | €25,030 | ▼ 52.8% |
| Fixed assets21/28 | €3,093 | €17,009 | €23,516 | €18,578 | ▼ 21.0% |
| Intangible fixed assets21 | €1,093 | €971 | €850 | €728 | ▼ 14.3% |
| Tangible fixed assets22/27 | €2,000 | €16,038 | €22,666 | €17,850 | ▼ 21.2% |
| Plant, machinery and equipment23 | - | - | €7,192 | €5,744 | ▼ 20.1% |
| Furniture and vehicles24 | - | €16,038 | €15,474 | €12,105 | ▼ 21.8% |
| Current assets29/58 | €13,617 | €31,802 | €29,466 | €6,452 | ▼ 78.1% |
| Amounts receivable within one year40/41 | €11,978 | €31,049 | €28,816 | €6,316 | ▼ 78.1% |
| Trade receivables40 | - | €2,120 | €7,064 | €360 | ▼ 94.9% |
| Other amounts receivable41 | - | €28,929 | €21,752 | €5,956 | ▼ 72.6% |
| Cash at bank and in hand54/58 | €1,639 | €753 | €650 | €135 | ▼ 79.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16,710 | €48,811 | €52,982 | €25,030 | ▼ 52.8% |
| Equity10/15 | €12,503 | €26,042 | €31,532 | €23,636 | ▼ 25.0% |
| Contributions10/11 | - | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €10,003 | €23,542 | €29,032 | €21,136 | ▼ 27.2% |
| Amounts payable17/49 | €4,207 | €22,769 | €21,450 | €1,394 | ▼ 93.5% |
| Amounts payable after more than one year17 | - | €6,147 | €5,542 | - | - |
| Financial debts170/4 | - | €6,147 | €5,542 | - | - |
| Amounts payable within one year42/48 | €4,207 | €16,621 | €15,908 | €1,394 | ▼ 91.2% |
| Current portion of amounts payable after more than one year42 | - | €5,630 | €6,530 | €1,394 | ▼ 78.7% |
| Trade debts44 | €1,636 | €3,763 | €1,205 | - | - |
| Suppliers440/4 | - | €3,763 | €1,205 | - | - |
| Taxes, remuneration and social security45 | - | €7,228 | €8,172 | - | - |
| Taxes450/3 | - | €7,228 | €8,172 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,003 | €13,540 | €2,564 | -€5,355 | - |
| + Depreciation and write-downs630 | €621 | €2,926 | €3,659 | €4,938 | ▲ 35.0% |
| Operating cash flow (approximation) | €10,624 | €16,465 | €6,223 | -€417 | - |
| Investment in fixed assets (approximation) | - | -€16,842 | -€10,166 | €0 | - |
| Change in cash | - | -€886 | -€103 | -€515 | ▼ 401% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 14-11-2024 | 2024-00600488 |
| 31-12-2022 | micro format | 26-09-2023 | 2023-00458271 |
| 31-12-2021 | micro format | 16-12-2022 | 2022-20539232 |
| 31-12-2020 | micro format | 15-09-2021 | 2021-67600170 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
Cruz De Oliveira Khenilson
CurrentDirector · since 12-12-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Cruz De Oliveira Khenilson |
|
| Fotso Takam Carlos |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Virginie Salteur Aenue Du Centenaire 120, 1400 Nivelles |
16-03-2026 → present |
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Share transfer
act of 12-12-2024 ↗
- Fotso Takam Carlos to Cruz De Oliveira Khenilson all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
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
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2026
23-03
Bankruptcy
Opening
French-language Enterprise Court of Brussels · judgment of 16-03-2026
2025
15-12
KBO administration
Address struck
Montenegrostraat,
1190 Forest · event 14-10-2025
2024
12-12
Gazette deed
Resignation: Fotso Takam Carlos (director)Appointment: Cruz De Oliveira Khenilson (director) · Share transfer · Power of attorney7 facts ▸
Gazette deed
Resignation: Fotso Takam Carlos (director)
Appointment: Cruz De Oliveira Khenilson (director) · Share transfer · Power of attorney7 facts ▸
- General meeting, 19-11-2024
- Share transfer, Fotso Takam Carlos → Cruz De Oliveira Khenilson
- Director resignation, Fotso Takam Carlos (director)
- Director appointment, Cruz De Oliveira Khenilson (director)
- Power of attorney, J. Jordens srl
- Director in office, Fotso Takam Carlos (gérant actuel)
- Other provision, “présence à l'assemblée” (deed in French)
14-11
NBB filing
Annual accounts filed
financial year 2023 · micro format · 106 days late
19-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- General meeting, 06-06-2024
- Registered-office move, 130 rue du Monténégro 1190 Forest
2023
31-12
Financial
Weakest financial yearnet -€5,355
Net result drops to -€5,355, the lowest in the series.
31-12
Financial
Liquidity more than doubledcurrent ratio 4.63
Current ratio from 1.85 to 4.63; short-term debt falls from €15,908 to €1,394.
26-09
NBB filing
Annual accounts filed
financial year 2022 · micro format · 57 days late
2022
16-12
NBB filing
Annual accounts filed
financial year 2021 · micro format · 138 days late
2021
31-12
Financial
Highest result from 2020 to 2023net €13,540 ▲35.4%
Operating result €18,319, net result €13,540, both a record.
15-09
NBB filing
Annual accounts filed
financial year 2020 · micro format · 46 days late
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not 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.
Register details
Identification
Legal formPrivate limited company
Founded19-12-2019
Financial year end31-12
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2019
Ground area
591 m²
Building footprint
254 m²
Building volume
1,968 m³
2 parcels, Brussels, Flanders · tallest building 19.8 m. Linked by address, not a title deed.
1 establishment unit
FRANBEO CONSTRUCT
since 2019unit no. 2.297.649.985
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41014A1627/00X000 | Flanders | 498 m² | 1 · 161 m² | 8.2 m · 1 |
| 21007A0032/00T000 | Brussels | 93 m² | 1 · 93 m² | 19.8 m · 5 |
How the parcels are linked
Good to know
Both parcels match the address exactly.