GIPROARTE CONSTRUCTION

Inactive

KBO/BCE: BE 0680.618.811

GIPROARTE CONSTRUCTION was declared bankrupt on 23-05-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 16-03-2023, published in the Belgian State Gazette on 22-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2019.

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Signals

Two signals. The signal on the left, the evidence on the right.

○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-08-2020, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2019

26 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2019, abbreviated schema

Turnover

€147k

EBIT margin

13.7%

Net result

€20k

Working capital

€32k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Equity and liabilities €45k

71.3%

28.7%

Equity €32k

Debt €13k

Debt finances 28.7% of the balance-sheet total.

Key figures and ratios

2019 value

Current ratio

3.48

ROE

61.7%

ROA

44.0%

Debt ≤ 1 year

€13k

Filed annual accounts As filed with the NBB · 2019 · 17 lines

Balance sheet Code2019

Assets

Total assets20/58€45k

Current assets29/58€45k

Amounts receivable within one year40/41€32k

Cash at bank and in hand54/58€1k

Equity and liabilities

Total equity and liabilities10/49€45k

Equity10/15€32k

Contributions10/11€12k

Profit (loss) carried forward14€20k

Amounts payable17/49€13k

Amounts payable within one year42/48€13k

Trade debts44€13k

Income statement Code2019

Turnover70€147k

Gross operating margin9900€21k

Operating profit (loss)9901€20k

Profit (loss) for the period before taxes9903€20k

Profit (loss) for the period9904€20k

Profit (loss) for the period to be appropriated9905€20k

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Timeline · acts, filings and financial milestones

All 3Signals 2Filings 1

2023

22-03

Bankruptcy Bankruptcy closure (insufficient assets)

Tribunal de l’entreprise francophone de Bruxelles · GIPROARTE CONSTRUCTION SRL RUE GENERAL HENRY 177, 1040 ETTER- BEEK. déclarée le 23 mai 2022 · event 16-03-2023

2022

30-05

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · GIPROARTE CONSTRUCTION SRL RUE GENERAL HENRY 177, 1040 ETTERBEEK · event 23-05-2022

2020

26-08

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 26 days late

SignalNBB filing

Directors · office · real estate

Directors

10 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

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	Catherine HERINCKX AVENUE DU CONGO 1, 1050 BRUXELLES 5 ↔ Also on 175 other cases	23-05-2022 → 16-03-2023