GRECONSTRUCT
Bankruptcy closedSummary
GRECONSTRUCT was declared bankrupt on 26-11-2024 (Ondernemingsrechtbank Brussel). The bankruptcy was closed for insufficient assets by judgment of 20-01-2026, published in the Belgian Official Gazette on 28-01-2026. The 2023 annual accounts show negative equity (-€55,420) and a net result of -€56,920.
Overview
Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 26-11-2024
- Registered office
- 27 active companies are registered at this address Source: KBO register, as of 5 November 2026.
- Activity
- “Algemene bouwwerkzaamheden in de meest ruime zin van het woord” (deed in Dutch)From the articles, 11 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.337.491.152 9990 Maldegem, since 03-11-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- GREC DanielDirector · since 03-11-2022
Shareholders
- GREC Daniel100 sharesdeed of 07-11-2022
Financial position
No score
Annual accounts 2023
- Gross margin
- -€49,550
- Loss
- €56,920
- Equity
- -€55,420
- Total assets
- €68,728
Turnover not published (micro format)
Financials
Financials · financial year 2023, micro format
2023 annual accounts filed 30 days after the deadline Filed on 30 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00411011.
Annual accounts 2023 filed on 30-08-2024 PDF
Equity
-€55,420
Total assets
€68,728
Net result
-€56,920
Working capital
-€55,420
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Solvency
-80.6%
Current ratio
0.55
ROA
-82.8%
Debt
€124,147
Debt ≤ 1 year
€124,147
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Annual accounts
| Line | 2023 |
|---|---|
| Other operating charges640/8 | €755 |
| Gross operating margin9900 | -€49,550 |
| Operating profit (loss)9901 | -€50,305 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €6,615 |
| Recurring financial charges65 | €6,615 |
| Profit (loss) for the period before taxes9903 | -€56,920 |
| Profit (loss) for the period9904 | -€56,920 |
| Profit (loss) for the period to be appropriated9905 | -€56,920 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €68,728 | |
| Current assets29/58 | €68,728 | |
| Amounts receivable within one year40/41 | €68,196 | |
| Trade receivables40 | €67,385 | |
| Other amounts receivable41 | €811 | |
| Cash at bank and in hand54/58 | €532 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €68,728 | |
| Equity10/15 | -€55,420 | |
| Contributions10/11 | €1,500 | |
| Profit (loss) carried forward14 | -€56,920 | |
| Amounts payable17/49 | €124,147 | |
| Amounts payable within one year42/48 | €124,147 | |
| Trade debts44 | €16,612 | |
| Suppliers440/4 | €16,612 | |
| Taxes, remuneration and social security45 | €72,576 | |
| Taxes450/3 | €72,576 | |
| Other amounts payable47/48 | €34,959 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€56,920 |
| Operating cash flow (approximation) | -€56,920 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 30-08-2024 | 2024-00411011 |
Board & ownership
Directors
Directors
1 director, since incorporation
GREC Daniel
Current
Director · since 03-11-2022 · term without a fixed end · listed in the 2023 annual accounts, filed on 30-08-2024
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jeroen Pinoy Stationsstraat 117, 1840 Londer- Zeel |
26-11-2024 → 20-01-2026 |
Owners and capital
Shareholders
At incorporation
deed of 07-11-2022 ↗
- GREC Daniel 100 shares (100%) · €1,500
Capital transactions
Capital over time
- 07-11-2022 Incorporation · €1,500 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, ARTIKEL TIEN-BESTUURSORGAAN”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Geen beroep op rechter, helft overdrager,helft kopers naar evenredigheid aantal”
Articles of association, deed of 07-11-2022 (in Dutch)
Network & group
GRECONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of GRECONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2026
28-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Enterprise Court of Brussels · judgment of 20-01-2026
2024
02-12
Bankruptcy
Bankruptcy declared
Enterprise Court of Brussels · judgment of 26-11-2024
30-08
micro format · 30 days late
2022
07-11
Gazette deed
IncorporationFounding capital of €1,500, 100 shares · Founder: GREC Daniel · Appointment: GREC Daniel (director)6 points ▸
Gazette deed
Incorporation
Founding capital of €1,500, 100 shares · Founder: GREC Daniel · Appointment: GREC Daniel (director)6 points ▸
- Registered office clause, Koningin Astridlaan 59, 1780 Wemmel
- Director appointment, GREC Daniel
- Incorporation, 28-10-2022
- Founder, GREC Daniel
- Founding capital, €1,500, 100 shares
- 100 shares
- The deed holds 3 more points.
SignalGazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2023
- Legal form
- Private limited company
- Active since
- 3 November 2022
Register details
Identity
Name
GRECONSTRUCT in Dutch
Enterprise number
0793.226.012
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-11-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-11-2022 (in Dutch)Registered office and establishments
Registered office
Koningin Astridlaan 59, 1780 Wemmel, Belgium
Establishment unit
GRECONSTRUCT, Oude Aardenburgse Weg 2, 9990 Maldegem since 03-11-2022 · unit number 2.337.491.152 41001 General construction of residential buildings
Activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 07-11-2022 (in Dutch)
“Algemene bouwwerkzaamheden in de meest ruime zin van het woord; Bouwen van individuele huizen en andere gebouwen waaronder doch niet…”
11 activities
- Algemene bouwwerkzaamheden in de meest ruime zin van het woord
- Bouwen van individuele huizen en andere gebouwen waaronder doch niet uitsluitend bedrijfsgebouwen
- Metselwerken,betonwerken en alle aanverwante activiteiten
- Renovatiewerken in de meest ruime zin van het woord aan gebouwen
- Gyprocwerken en schilderwerken
- Algemeen Schrijnwerk en sanitair
- Dakwerken
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
- Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
- Het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar
Invoicing and payment
VAT number
BE 0793.226.012
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00
deed of 07-11-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
783 m²
Building footprint
666 m²
Building volume
6,429 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43010G0480/00G000 | Flanders | 783 m² | 1 · 666 m² | 15.2 m · 4 |