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Active
BE 0540.924.359Private limited company (pre-2019)Open bankruptcy
GREENWOOD BUILDING CONSTRUCTION
Koralenhoeve 15 ·2160 Wommelgem, Belgium· 12 yrs active
Sector: Overige dienstverlenende activiteiten op het gebied van informatie
(63920)
Conclusion
A bankruptcy procedure is open for GREENWOOD BUILDING CONSTRUCTION according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €17k and a net result of €-12k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €17k |
| Net result | €-12k |
| Active | 12 yrs |
| Locations | 1 |
Financial profile
8
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
0
Solvency
33
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 04-09-2019 with the NBB · fiscal year 2018 · micro
| Fiscal year | 2018 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €15k |
| Net profit | €-12k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | €9k |
| Dividends | - |
| Total assets | €564k |
| Equity | €17k |
| Debt | €546k |
| of which ≤ 1y | €511k |
| of which > 1y | €35k |
| Working capital | €38k |
| Employees (FTE) | - |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 1.07 |
| Working capital ratio | 6.8% |
| Solvency | 3.1% |
| Debt / equity | 2.04 |
| Long-term debt ratio | 2.04 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -2.1% |
| ROE | -68.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2018
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €564k |
| Fixed assets | 21/28 | €14k |
| Tangible fixed assets | 22/27 | €14k |
| Current assets | 29/58 | €549k |
| Amounts receivable within one year | 40/41 | €344k |
| Cash & bank | 54/58 | €49k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €564k |
| Equity | 10/15 | €17k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €11k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €546k |
| Amounts payable after one year | 17 | €35k |
| Amounts payable within one year | 42/48 | €511k |
| Trade debts payable within one year | 44 | €154k |
| Income statement | ||
| Gross operating margin | 9900 | €41k |
| Operating result | 9901 | €9k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €-12k |
| Result to be appropriated | 9905 | €-12k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | BORG MOESTERMANS GENERAAL VAN MERLEN-
STRAAT 3, 2600 BERCHEM (ANTWERPEN)- |
29-10-2019 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Overige dienstverlenende activiteiten op het gebied van informatie(63920) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-10-2013 |
| Status | Active |
| Postal code | 2160 |
| First BS signal | 05-11-2019 |
| Latest BS signal | 05-11-2019 |
Establishment units
Greenwood Building Construction
since 20132.223.613.845
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0175/00A000 | Flanders | 1.2 ha | 1 · 2,483 m² | 11.6 m · 3 fl. |
| 72013A0295/00H000 | Flanders | 933 m² | 1 · 102 m² | 5.1 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2019
05-11-2019
Bankruptcy
Opening
04-09-2019
NBB filing
Annual accounts filed
2018
31-08-2018
NBB filing
Annual accounts filed
2017
28-09-2017
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
05-11-2019
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Activiteiten van bouwarchitecten71111
Primary activity highlighted.
Names & trade names
| Legal nameNL | GREENWOOD BUILDING CONSTRUCTION |
Registered office
Koralenhoeve 15
2160 Wommelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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