GYN CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for GYN CONSTRUCT according to publications in the Belgian State Gazette; curator: FRANCOIS ETIENNE.
Summary
The 2021 annual accounts show equity of €159,557 and a net result of €2,721.
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 Liège, Namur division
- Declared bankrupt
- 9 February 2023
- Supervising judge
- Arnauld Olivier
- Official Gazette
- 15-02-2023 (pdf) ↗search the document for 2023/105892
Deadlines
- Appeal or third-party opposition until
- passed on 2 March 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 11 March 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 March 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 February 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Francois EtienneRue Rogier, 28, 5000 Namuretienne@boplaw.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
€26,436
EBIT margin
63.5%
Net result
€2,721▼ 91.7%
2019 · €32,736
Working capital
€156,126▲ 76.0%
2019 · €88,728
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
Line201820192021
Turnover€26,436-
Operating result€68,287-€35,297▼ 48.3%€16,774-
Net result€50,114-€32,736▼ 34.7%€2,721-
EBIT margin63.5%-
Equity€72,703-€89,147▲ 22.6%€159,557-
Total assets€120,956-€144,529▲ 19.5%€220,291-
Debt€48,252-€55,381▲ 14.8%€60,734-
Working capital€71,498-€88,728▲ 24.1%€156,126-
Result per fiscal year
Operating resultNet result
The operating result is €16,774 in 2021, compared with €35,297 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €220,291
Fixed assets
€3,431 ▲ 718%
Current assets
€216,860 ▲ 50.5%
Equity and liabilities €220,291
Equity
€159,557 ▲ 79.0%
Debt
€60,734 ▲ 9.7%
Debt's share of the balance-sheet total falls from 38.3% to 27.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,866▼
2019 · €38,083
Cash flow
€4,814▼
2019 · €35,522
Current ratio
3.57▲
2019 · 2.60
Debt to equity
0.38
ROE
1.7%▼
2019 · 36.7%
ROA
1.2%▼
2019 · 22.7%
Interest coverage
64.37
Debt ≤ 1 year
€60,734▲
2019 · €55,381
Income taxes
€13,759▲
2019 · €2,280
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €26,436 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €9,634 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,786 | €2,786 | €2,093 | - |
| Other operating charges640/8 | - | - | €4,236 | - |
| Gross operating margin9900 | €82,039 | €38,576 | €23,102 | - |
| Operating profit (loss)9901 | €68,287 | €35,297 | €16,774 | - |
| Recurring financial income75 | €7 | €0 | - | - |
| Financial charges65/66B | - | - | €293 | - |
| Recurring financial charges65 | €214 | €281 | €293 | - |
| Profit (loss) for the period before taxes9903 | €68,080 | €35,016 | €16,481 | - |
| Income taxes67/77 | €17,966 | €2,280 | €13,759 | - |
| Profit (loss) for the period9904 | €50,114 | €32,736 | €2,721 | - |
| Profit (loss) for the period to be appropriated9905 | €50,114 | €32,736 | €2,721 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €120,956 | €144,529 | €220,291 | - |
| Fixed assets21/28 | €3,206 | €419 | €3,431 | - |
| Tangible fixed assets22/27 | €3,206 | €419 | €3,431 | - |
| Plant, machinery and equipment23 | - | - | €763 | - |
| Furniture and vehicles24 | - | - | €2,668 | - |
| Current assets29/58 | €117,750 | €144,109 | €216,860 | - |
| Amounts receivable after more than one year29 | - | - | €80,000 | - |
| Other amounts receivable291 | - | - | €80,000 | - |
| Amounts receivable within one year40/41 | €113,730 | €144,086 | €111,905 | - |
| Trade receivables40 | - | - | €14,261 | - |
| Other amounts receivable41 | - | - | €97,644 | - |
| Cash at bank and in hand54/58 | €4,020 | €23 | €24,955 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €120,956 | €144,529 | €220,291 | - |
| Equity10/15 | €72,703 | €89,147 | €159,557 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | - |
| Outside capital11 | - | - | €18,600 | - |
| Other1109/19 | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €52,243 | €68,687 | €139,097 | - |
| Amounts payable17/49 | €48,252 | €55,381 | €60,734 | - |
| Amounts payable within one year42/48 | €46,252 | €55,381 | €60,734 | - |
| Trade debts44 | €8,342 | €20,982 | €24,221 | - |
| Suppliers440/4 | - | - | €24,221 | - |
| Taxes, remuneration and social security45 | - | - | €36,513 | - |
| Taxes450/3 | - | - | €36,513 | - |
| Line | 2018 | 2019 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,114 | €32,736 | €2,721 | - |
| + Depreciation and write-downs630 | €2,786 | €2,786 | €2,093 | - |
| Operating cash flow (approximation) | €52,900 | €35,522 | €4,814 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - |
| Change in cash | - | -€3,997 | - | - |
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
2023
15-02
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 09-02-2023
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 110 days late
2021
31-12
Financial
Weakest financial yearnet €2,721 ▼91.7%
Net result drops to €2,721, the lowest in the series.
31-12
Financial
Equity above €150,000Eq €159,557 ▲79%
3 profitable years in a row build equity to €159,557.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 135 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 143 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
23-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 84 days late
2013
26-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 26 days late
2012
24-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 24 days late
2011
26-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Namur · 1 establishment unit since 2017
Ground area
206 m²
Building footprint
137 m²
Volume, LiDAR
927 m³
2 parcels, Flanders, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GYN construct
since 20172.262.899.439
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302E0346/00D002 | Wallonia | 133 m² | 1 · 77 m² | 11.2 m · 3 fl. |
| 35004C0615/03X000 | Flanders | 72 m² | 1 · 60 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 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 | FRANCOIS ETIENNE RUE ROGIER, 28, 5000 NAMUR- |
09-02-2023 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.