FUTUR CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for FUTUR CONSTRUCT according to publications in the Belgian State Gazette; curator: EMILIE MICHEL.
Summary
The 2022 annual accounts show equity of €59k and a net result of €4k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€646k▼ 28.9%
2021 · €909k
2018: €311klowest in 5 years
2019: €486k▲ +56.4% vs 2018
2020: €471k▼ -3.1% vs 2019
2021: €909k▲ +92.9% vs 2020highest in 5 years
2022: €646k▼ -28.9% vs 2021
2018 → 2022
EBIT margin
0.8%▲ 0.8pp
2021 · 0.0%
2018: 8.8%highest in 5 years
2019: 2.5%▼ -71.0% vs 2018
2020: 4.7%▲ +85.0% vs 2019
2021: 0.0%▼ -99.8% vs 2020lowest in 5 years
2022: 0.8%▲ +7666% vs 2021
2018 → 2022
Net result
€4k
2021 · €-199
2018: €21khighest in 5 years
2019: €7k▼ -67.9% vs 2018
2020: €16k▲ +145% vs 2019
2021: €-199▼ -101% vs 2020lowest in 5 years
2022: €4k▲ +1944% vs 2021
2018 → 2022
Working capital
€48k▲ 39.7%
2021 · €35k
2018: €31klowest in 5 years
2019: €35k▲ +10.9% vs 2018
2020: €37k▲ +7.2% vs 2019
2021: €35k▼ -7.5% vs 2020
2022: €48k▲ +39.7% vs 2021highest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€311k-€486k▲ 56.4%€471k▼ 3.1%€909k▲ 92.9%€646k▼ 28.9%
2018: €311klowest in 5 years
2019: €486k▲ +56.4% vs 2018
2020: €471k▼ -3.1% vs 2019
2021: €909k▲ +92.9% vs 2020highest in 5 years
2022: €646k▼ -28.9% vs 2021
Equity€33k-€40k▲ 19.9%€56k▲ 40.7%€56k▼ 0.4%€59k▲ 6.6%
2018: €33klowest in 5 years
2019: €40k▲ +19.9% vs 2018
2020: €56k▲ +40.7% vs 2019
2021: €56k▼ -0.4% vs 2020
2022: €59k▲ +6.6% vs 2021highest in 5 years
Operating result€27k-€12k▼ 54.6%€22k▲ 79.4%€90▼ 99.6%€5k▲ 5,422%
2018: €27khighest in 5 years
2019: €12k▼ -54.6% vs 2018
2020: €22k▲ +79.4% vs 2019
2021: €90▼ -99.6% vs 2020lowest in 5 years
2022: €5k▲ +5422% vs 2021
Net result€21k-€7k▼ 67.9%€16k▲ 145%€-199€4k
2018: €21khighest in 5 years
2019: €7k▼ -67.9% vs 2018
2020: €16k▲ +145% vs 2019
2021: €-199▼ -101% vs 2020lowest in 5 years
2022: €4k▲ +1944% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 5,422% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €123k
Fixed assets
€11k ▼ 47.6%
Current assets
€112k ▼ 27.5%
Equity and liabilities €123k
Equity
€59k ▲ 6.6%
Debt
€63k ▼ 46.9%
Debt's share of the balance-sheet total falls from 68.3% to 51.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2021 · €9k
Cash flow
€14k▲
2021 · €9k
Current ratio
1.76▲
2021 · 1.29
Debt to equity
1.07▼
2021 · 2.15
ROE
6.2%▲
2021 · -0.4%
ROA
3.0%▲
2021 · -0.1%
Interest coverage
81.11▲
2021 · 58.43
Debt ≤ 1 year
€63k▼
2021 · €120k
Income taxes
€4k▲
2021 · €985
Staff costs
€287▼
2021 · €833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 43 lines
Balance sheet
Code20212022
Assets
Total assets20/58€175k€123k▼
Fixed assets21/28€21k€11k▼
Tangible fixed assets22/27€21k€11k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€17k€9k▼
Current assets29/58€154k€112k▼
Amounts receivable within one year40/41€145k€103k▼
Trade receivables40€105k€84k▼
Other amounts receivable41€40k€19k▼
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€175k€123k▼
Equity10/15€56k€59k▲
Contributions10/11€6k€6k=
Reserves13€466€466=
Non-distributable reserves130/1€466€466=
Reserves not available under the articles1311€466€466=
Profit (loss) carried forward14€49k€53k▲
Amounts payable17/49€120k€63k▼
Amounts payable within one year42/48€120k€63k▼
Trade debts44€107k€59k▼
Suppliers440/4€107k€59k▼
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€3k-
Income statement
Code20212022
Turnover70€909k€646k▼
Non-recurring operating income76A€3k€7k▲
Goods, raw materials, services and sundry goods60/61€901k€631k▼
Remuneration, social security and pensions62€833€287▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€7k▲
Gross operating margin9900€11k€22k▲
Operating profit (loss)9901€90€5k▲
Financial income75/76B€851€3k▲
Recurring financial income75€851€3k▲
Financial charges65/66B€155€185▲
Recurring financial charges65€155€185▲
Profit (loss) for the period before taxes9903€786€8k▲
Income taxes67/77€985€4k▲
Profit (loss) for the period9904€-199€4k▲
Profit (loss) for the period to be appropriated9905€-199€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€53k▲
Profit (loss) brought forward from the previous period14P€49k€49k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €311k | €486k | €471k | €909k | €646k | ▼ 28.9% |
| Non-recurring operating income76A | - | - | - | €3k | €7k | ▲ 143% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €901k | €631k | ▼ 29.9% |
| Remuneration, social security and pensions62 | - | - | - | €833 | €287 | ▼ 65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €2k | €3k | €9k | €10k | ▲ 11.9% |
| Other operating charges640/8 | - | - | - | €1k | €7k | ▲ 477% |
| Gross operating margin9900 | €30k | €17k | €27k | €11k | €22k | ▲ 98.6% |
| Operating profit (loss)9901 | €27k | €12k | €22k | €90 | €5k | ▲ 5,422% |
| Financial income75/76B | - | - | - | €851 | €3k | ▲ 240% |
| Recurring financial income75 | - | €2k | €220 | €851 | €3k | ▲ 240% |
| Financial charges65/66B | - | - | - | €155 | €185 | ▲ 19.3% |
| Recurring financial charges65 | €97 | €3k | €87 | €155 | €185 | ▲ 19.3% |
| Profit (loss) for the period before taxes9903 | €27k | €11k | €22k | €786 | €8k | ▲ 877% |
| Income taxes67/77 | €7k | €5k | €6k | €985 | €4k | ▲ 307% |
| Profit (loss) for the period9904 | €21k | €7k | €16k | €-199 | €4k | ▲ 1,944% |
| Profit (loss) for the period to be appropriated9905 | €21k | €7k | €16k | €-199 | €4k | ▲ 1,944% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77k | €67k | €105k | €175k | €123k | ▼ 29.9% |
| Fixed assets21/28 | €2k | €5k | €18k | €21k | €11k | ▼ 47.6% |
| Tangible fixed assets22/27 | €2k | €5k | €18k | €21k | €11k | ▼ 47.6% |
| Plant, machinery and equipment23 | - | - | - | €4k | €2k | ▼ 39.6% |
| Furniture and vehicles24 | - | - | - | €17k | €9k | ▼ 49.3% |
| Current assets29/58 | €75k | €62k | €87k | €154k | €112k | ▼ 27.5% |
| Amounts receivable within one year40/41 | €62k | €47k | €80k | €145k | €103k | ▼ 28.5% |
| Trade receivables40 | - | - | - | €105k | €84k | ▼ 20.0% |
| Other amounts receivable41 | - | - | - | €40k | €19k | ▼ 51.3% |
| Cash at bank and in hand54/58 | €2k | €13k | €5k | €6k | €5k | ▼ 16.5% |
| Deferred charges and accrued income490/1 | - | - | - | €4k | €3k | ▼ 3.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77k | €67k | €105k | €175k | €123k | ▼ 29.9% |
| Equity10/15 | €33k | €40k | €56k | €56k | €59k | ▲ 6.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €466 | €466 | €466 | €466 | €466 | = |
| Non-distributable reserves130/1 | - | - | - | €466 | €466 | = |
| Reserves not available under the articles1311 | - | - | - | €466 | €466 | = |
| Profit (loss) carried forward14 | €26k | €33k | €49k | €49k | €53k | ▲ 7.5% |
| Amounts payable17/49 | €44k | €27k | €50k | €120k | €63k | ▼ 46.9% |
| Amounts payable within one year42/48 | €44k | €27k | €50k | €120k | €63k | ▼ 46.9% |
| Trade debts44 | €21k | €20k | €15k | €107k | €59k | ▼ 45.0% |
| Suppliers440/4 | - | - | - | €107k | €59k | ▼ 45.0% |
| Taxes, remuneration and social security45 | - | - | - | €9k | €5k | ▼ 50.0% |
| Taxes450/3 | - | - | - | €9k | €5k | ▼ 50.0% |
| Other amounts payable47/48 | - | - | - | €3k | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €7k | €16k | €-199 | €4k | ▲ 1,944% |
| + Depreciation and write-downs630 | €833 | €2k | €3k | €9k | €10k | ▲ 11.9% |
| Operating cash flow (approximation) | €21k | €9k | €20k | €9k | €14k | ▲ 56.3% |
| Investment in fixed assets (approximation) | - | €-6k | €-17k | €-12k | €0 | ▲ 100% |
| Change in cash | - | €11k | €-8k | €781 | €-979 | ▼ 225% |
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
2024
07-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 30-09-2024
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 94 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet €-199
Net result drops to €-199, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
11-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 103 days late
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 133 days late
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 104 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 266 days late
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.
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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, Jette · 1 establishment unit since 2016
Ground area
197 m²
Building footprint
169 m²
Volume, LiDAR
2,295 m³
Parcel 21463D0281/00W006, Brussels · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FUTUR CONSTRUCT
since 20162.250.382.380
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0281/00W006 | Brussels | 197 m² | 1 · 169 m² | 16.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 | EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE- |
30-09-2024 → present |
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 6,168 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
Founded22-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.