GBO
Open bankruptcyAre 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
- Enterprise Court of Hainaut, Charleroi division
- Declared bankrupt
- 2 December 2024
- Supervising judge
- Thierry Languillier
- Official Gazette
- 09-12-2024 (pdf) ↗search the document for 2024/147856
Deadlines
- Provisional date payments stopped
- 2 December 2024A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 24 December 2024Fifteen 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 1 January 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 29 January 2025Reclaim 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
- passed on 2 December 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
- Pierre GillainRue Tumelaire, 23 - Bte 011, 6000 Charleroipierre.gillain@gillain-avocat.be
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
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€250,403total assets 2022
- Equity
- €57,967
- Profit
- €52,236
Financial health
Open bankruptcy: no score
Structure
0 of 3 deeds read
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 21-03-2023, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
not filed
2022
132 days early
2021
24 days early
2020
206 days late
2019
48 days late
2018
211 days late
2017
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 67 days after the deadline; the sector median (NACE 41) for financial year 2023 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Hainaut, Charleroi…
- Annual accounts filedfinancial year 2022 · micro…
- Highest result from 2018 to 2022net €52,236 ▲157,191%
Financials · financial year 2022, micro format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52,236▲ 157,191%
2021 · €33
Working capital
€22,152▲ 287%
2021 · €5,731
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 6,636% above 2021 and is the highest 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.
Operating result€74,305
2022
Net result€52,236
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€250,403
2022
Equity€57,967
2022
Debt€192,435
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€22,152
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)20.9%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency23.1%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.12
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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€5,385-€129▼ 97.6%-€27,611€1,103€74,305▲ 6,636%
Net result€3,436--€619-€27,825below the sector's middle half▼ 4,392%€33within the sector's middle half€52,236above the sector's middle half▲ 157,191%
Equity€34,142-€33,523▼ 1.8%€5,698below the sector's middle half▼ 83.0%€5,731below the sector's middle half▲ 0.6%€57,967within the sector's middle half▲ 911%
Total assets€87,422-€57,252▼ 34.5%€57,001below the sector's middle half▼ 0.4%€7,237below the sector's middle half▼ 87.3%€250,403within the sector's middle half▲ 3,360%
Debt€53,279-€23,729▼ 55.5%€51,303▲ 116%€1,506▼ 97.1%€192,435▲ 12,677%
Working capital€14,179-€19,666▲ 38.7%€5,443within the sector's middle half▼ 72.3%€5,731within the sector's middle half▲ 5.3%€22,152within the sector's middle half▲ 287%
Solvency39.1%-58.6%▲ 19.5pp10.0%below the sector's middle half▼ 48.6pp79.2%above the sector's middle half▲ 69.2pp23.1%within the sector's middle half▼ 56.0pp
Current ratio1.27-1.83▲ 0.561.11within the sector's middle half▼ 0.724.81above the sector's middle half▲ 3.701.12within the sector's middle half▼ 3.69
Return on assets (ROA)3.9%--1.1%▼ 5.0pp-48.8%below the sector's middle half▼ 47.7pp0.5%within the sector's middle half▲ 49.3pp20.9%above the sector's middle half▲ 20.4pp
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 €250,403
Fixed assets
€35,815
Current assets
€214,588
Equity and liabilities €250,403
Equity
€57,967 ▲ 911%
Debt
€192,435 ▲ 12,677%
Debt's share of the balance-sheet total rises from 20.8% to 76.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79,639
Cash flow
€57,569
Quick ratio
0.65▼
2021 · 3.94
Debt to equity
3.32▲
2021 · 0.26
ROE
90.1%▲
2021 · 0.6%
Interest coverage
over 100
Debt ≤ 1 year
€192,435▲
2021 · €1,506
Income taxes
€22,210▲
2021 · €950
Staff costs
€16,321
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €16,321 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,986 | €6,870 | €255 | - | €5,333 | - |
| Other operating charges640/8 | - | - | - | €172 | €3,428 | ▲ 1,894% |
| Non-recurring operating charges66A | - | - | - | €125 | - | - |
| Gross operating margin9900 | €13,905 | €8,979 | -€3,221 | €1,400 | €99,387 | ▲ 6,999% |
| Operating profit (loss)9901 | €5,385 | €129 | -€27,611 | €1,103 | €74,305 | ▲ 6,636% |
| Financial income75/76B | - | - | - | - | €321 | - |
| Recurring financial income75 | €3 | €1 | €213 | - | €321 | - |
| Financial charges65/66B | - | - | - | €120 | €180 | ▲ 49.6% |
| Recurring financial charges65 | €366 | €350 | €110 | €120 | €180 | ▲ 49.6% |
| Profit (loss) for the period before taxes9903 | €5,022 | -€221 | -€27,508 | €983 | €74,446 | ▲ 7,473% |
| Income taxes67/77 | €1,586 | €399 | €317 | €950 | €22,210 | ▲ 2,238% |
| Profit (loss) for the period9904 | €3,436 | -€619 | -€27,825 | €33 | €52,236 | ▲ 157,191% |
| Profit (loss) for the period to be appropriated9905 | €3,436 | -€619 | -€27,825 | €33 | €52,236 | ▲ 157,191% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,422 | €57,252 | €57,001 | €7,237 | €250,403 | ▲ 3,360% |
| Fixed assets21/28 | €19,963 | €13,857 | €255 | - | €35,815 | - |
| Tangible fixed assets22/27 | €19,963 | €13,857 | €255 | - | €35,266 | - |
| Furniture and vehicles24 | - | - | - | - | €35,266 | - |
| Financial fixed assets28 | - | - | - | - | €549 | - |
| Current assets29/58 | €67,458 | €43,395 | €56,746 | €7,237 | €214,588 | ▲ 2,865% |
| Stocks and contracts in progress3 | €875 | - | €1,301 | €1,301 | €89,974 | ▲ 6,816% |
| Stocks30/36 | - | - | - | €1,301 | - | - |
| Contracts in progress37 | - | - | - | - | €89,974 | - |
| Amounts receivable within one year40/41 | €62,763 | €35,927 | €47,758 | €5,892 | €115,621 | ▲ 1,862% |
| Trade receivables40 | - | - | - | €2,417 | €50,744 | ▲ 2,000% |
| Other amounts receivable41 | - | - | - | €3,476 | €64,877 | ▲ 1,767% |
| Cash at bank and in hand54/58 | €3,821 | €7,468 | €7,688 | €44 | €7,572 | ▲ 17,090% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,420 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,422 | €57,252 | €57,001 | €7,237 | €250,403 | ▲ 3,360% |
| Equity10/15 | €34,142 | €33,523 | €5,698 | €5,731 | €57,967 | ▲ 911% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €51,767 | ▲ 2,683% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €49,907 | - |
| Profit (loss) carried forward14 | €26,082 | €25,463 | -€2,362 | -€2,329 | - | - |
| Amounts payable17/49 | €53,279 | €23,729 | €51,303 | €1,506 | €192,435 | ▲ 12,677% |
| Amounts payable within one year42/48 | €53,279 | €23,729 | €51,303 | €1,506 | €192,435 | ▲ 12,677% |
| Trade debts44 | €46,992 | €56 | €45,411 | - | €165,773 | - |
| Suppliers440/4 | - | - | - | - | €165,773 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €26,663 | - |
| Taxes450/3 | - | - | - | - | €22,917 | - |
| Remuneration and social security454/9 | - | - | - | - | €3,745 | - |
| Other amounts payable47/48 | - | - | - | €1,506 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,436 | -€619 | -€27,825 | €33 | €52,236 | ▲ 157,191% |
| + Depreciation and write-downs630 | €6,986 | €6,870 | €255 | - | €5,333 | - |
| Operating cash flow (approximation) | €10,423 | €6,251 | -€27,571 | €33 | €57,569 | ▲ 173,250% |
| Investment in fixed assets (approximation) | - | -€764 | €13,347 | - | - | - |
| Change in cash | - | €3,648 | €219 | -€7,643 | €7,528 | - |
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 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | micro format | 21-03-2023 | 2023-00044397 |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20164828 |
| 31-12-2020 | micro format | 22-02-2022 | 2022-06100543 |
| 31-12-2019 | full format | 17-09-2020 | 2020-54400414 |
| 31-12-2018 | full format | 27-02-2020 | 2020-06200411 |
| 31-12-2017 | full format | 30-10-2018 | 2018-71400426 |
| 31-12-2016 | full format | 31-01-2018 | 2018-04400149 |
| 31-12-2015 | full format | 31-08-2016 | 2016-55300160 |
| 31-12-2014 | full format | 08-10-2015 | 2015-64400342 |
| 31-12-2013 | full format | 30-09-2014 | 2014-61900114 |
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Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,154. 13,284 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
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Pierre Gillain Rue Tumelaire, 23 - Bte 011, 6000 Charleroi |
02-12-2024 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2024
09-12
Bankruptcy
Opening
Enterprise Court of Hainaut, Charleroi division · judgment of 02-12-2024
2023
21-03
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Highest result from 2018 to 2022net €52,236 ▲157,191%
Operating result €74,305, net result €52,236, both a record.
07-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
22-02
NBB filing
Annual accounts filed
financial year 2020 · micro format · 206 days late
2021
31-12
Financial
Back to profitnet €33
Net result €33 after 2 loss-making years.
31-12
Financial
Liquidity more than quadruplescurrent ratio 4.81
Current ratio from 1.11 to 4.81; short-term debt falls from €51,303 to €1,506.
2020
31-12
Financial
Weakest financial yearnet -€27,825
Net result drops to -€27,825, the lowest in the series.
17-09
NBB filing
Annual accounts filed
financial year 2019 · full format · 48 days late
27-02
NBB filing
Annual accounts filed
financial year 2018 · full format · 211 days late
2018
30-10
NBB filing
Annual accounts filed
financial year 2017 · full format · 91 days late
31-01
NBB filing
Annual accounts filed
financial year 2016 · full format · 184 days late
Show earlier events
2016
31-08
NBB filing
Annual accounts filed
financial year 2015 · full format · 31 days late
2015
08-10
NBB filing
Annual accounts filed
financial year 2014 · full format · 69 days late
2014
30-09
NBB filing
Annual accounts filed
financial year 2013 · full format · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official 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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Register details
Identification
Legal formPrivate limited company
Founded07-05-2008
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43990Other specialised construction activities
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 17 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, Charleroi · 1 establishment unit since 2008
Ground area
44 m²
Building footprint
44 m²
Building volume
413 m³
Parcel 52011B0239/00S157, Wallonia · tallest building 19.4 m. Linked by address, not a title deed.
1 establishment unit
GBO
since 2008unit no. 2.171.444.572
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52011B0239/00S157 | Wallonia | 44 m² | 1 · 44 m² | 19.4 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.