Gida Construct
Open bankruptcyA bankruptcy procedure is open for Gida Construct according to publications in the Belgian State Gazette; curator: NANCY VANNUETEN.
Summary
The 2017 annual accounts show equity of €19,022 and a net result of €856.
Are 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
- Enterprise Court of Antwerp, Mechelen division
- Declared bankrupt
- 23 December 2019
- Supervising judge
- Eddy Brouwers
- Official Gazette
- 13-01-2020 (pdf) ↗search the document for 2020/100800
Curator
- Nancy VannuetenLierbaan 209, 2580 Puttenancy@schellemans-advocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- 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 under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Site preparation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Equity
€19,022▲ 4.7%
2016 · €18,166
Total assets
€202,040▲ 111%
2016 · €95,940
Net result
€856▼ 98.2%
2016 · €47,118
Working capital
-€772▲ 77.7%
2016 · -€3,462
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201520162017
Operating result€49,478-€53,156▲ 7.4%€6,443▼ 87.9%
Net result€46,848-€47,118▲ 0.6%€856▼ 98.2%
Equity€12,048-€18,166▲ 50.8%€19,022▲ 4.7%
Total assets€92,565-€95,940▲ 3.6%€202,040▲ 111%
Debt€80,517-€77,773▼ 3.4%€183,018▲ 135%
Working capital€4,923--€3,462-€772▲ 77.7%
Staff (FTE)2
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 88% below 2016 and is the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €202,040
Fixed assets
€28,044 ▲ 14.3%
Current assets
€173,997 ▲ 144%
Equity and liabilities €202,040
Equity
€19,022 ▲ 4.7%
Debt
€183,018 ▲ 135%
Debt's share of the balance-sheet total rises from 81.1% to 90.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13,667▼
2016 · €65,745
Cash flow
€8,080▼
2016 · €59,707
Current ratio
1.00▲
2016 · 0.95
Quick ratio
0.58▲
2016 · 0.45
ROE
4.5%▼
2016 · 259.4%
ROA
0.4%▼
2016 · 49.1%
Debt ≤ 1 year
€174,768▲
2016 · €74,873
Income taxes
€3,497▼
2016 · €4,890
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,125 | €12,589 | €7,224 | ▼ 42.6% |
| Gross operating margin9900 | €57,432 | €94,263 | €96,497 | ▲ 2.4% |
| Operating profit (loss)9901 | €49,478 | €53,156 | €6,443 | ▼ 87.9% |
| Recurring financial income75 | €16 | €302 | €44 | ▼ 85.6% |
| Recurring financial charges65 | €102 | €1,451 | €2,133 | ▲ 47.0% |
| Profit (loss) for the period before taxes9903 | €49,393 | €52,008 | €4,353 | ▼ 91.6% |
| Income taxes67/77 | €2,544 | €4,890 | €3,497 | ▼ 28.5% |
| Profit (loss) for the period9904 | €46,848 | €47,118 | €856 | ▼ 98.2% |
| Profit (loss) for the period to be appropriated9905 | €46,848 | €47,118 | €856 | ▼ 98.2% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €92,565 | €95,940 | €202,040 | ▲ 111% |
| Fixed assets21/28 | €7,125 | €24,528 | €28,044 | ▲ 14.3% |
| Tangible fixed assets22/27 | €7,125 | €18,928 | €22,444 | ▲ 18.6% |
| Financial fixed assets28 | - | €5,600 | €5,600 | = |
| Current assets29/58 | €85,440 | €71,412 | €173,997 | ▲ 144% |
| Stocks and contracts in progress3 | - | €38,063 | €72,780 | ▲ 91.2% |
| Amounts receivable within one year40/41 | €44,092 | €23,630 | €75,412 | ▲ 219% |
| Cash at bank and in hand54/58 | €41,349 | €9,718 | €13,305 | ▲ 36.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €92,565 | €95,940 | €202,040 | ▲ 111% |
| Equity10/15 | €12,048 | €18,166 | €19,022 | ▲ 4.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €5,848 | €11,966 | €12,822 | ▲ 7.2% |
| Amounts payable17/49 | €80,517 | €77,773 | €183,018 | ▲ 135% |
| Amounts payable within one year42/48 | €80,517 | €74,873 | €174,768 | ▲ 133% |
| Trade debts44 | €27,973 | €34,149 | €101,476 | ▲ 197% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,848 | €47,118 | €856 | ▼ 98.2% |
| + Depreciation and write-downs630 | €7,125 | €12,589 | €7,224 | ▼ 42.6% |
| Operating cash flow (approximation) | €53,973 | €59,707 | €8,080 | ▼ 86.5% |
| Investment in fixed assets (approximation) | - | -€29,992 | -€10,740 | ▲ 64.2% |
| Change in cash | - | -€31,631 | €3,587 | ▲ 111% |
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
2020
13-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 23-12-2019
2019
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 210 days late
2017
31-12
Financial
Weakest financial yearnet €856 ▼98.2%
Net result drops to €856, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Highest result since 2015net €47,118 ▲0.6%
Operating result €53,156, net result €47,118, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Mechelen · 2 establishment units since 2015
Ground area
255 m²
Building footprint
238 m²
Volume, LiDAR
1,415 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
GIDA CONSTRUCT
since 20152.240.660.507
Noblesse Baby Boetiek
since 20192.288.023.726
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021K0462/00H000 | Flanders | 167 m² | 1 · 175 m² | 14.2 m · 1 fl. |
| 12403D0290/00R000indicative | Flanders | 87 m² | 1 · 63 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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 | NANCY VANNUETEN LIERBAAN 209, 2580 PUTTE- |
23-12-2019 → present |
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Of 8,462 companies in sector 43120 we hold annual accounts for 3,231. 1,919 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 (pre-2019)
Founded09-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43910Bricklaying and masonry work
46831Wholesale of construction materials, general range
46839Wholesale trade
47713Retail trade
68110Buying and selling of own real estate
73300Public relations and communication consultancy
81220Other building cleaning and industrial cleaning
88911Day nurseries and crèches
Scores and ratios are computed by Checked and are not a credit decision.