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HVI CONSTRUCT

In bankruptcy Private limited company (pre-2019)founded 2016Heizelstraat 162, 1020 BrusselsKBO/BCE: BE 0664.674.385
HVI CONSTRUCT
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Overview

Information for creditors

Enterprise Court of Brussels · Official Gazette of 20-09-2023
Appeal or third-party opposition 05-10-2023Filing the claim in RegSol 07-10-2023First verification report 11-10-2023Late claim 07-09-2024

Trustee: Gunther Peeters. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

4 annual accounts with figures on one time axis
peak €41,599 (2020)
€24,144▼ 42.0%
peak €34,989 (2020)
€16,726▼ 52.2%
peak €55,273 (2021)
€55,273▲ 43.4%
€8,895▼ 76.7%
Documentsfilings and deeds
09-02-202240 days late
2021micro format
Gross margin from €41,599 to €24,144Result from €34,989 to €16,726Equity from €38,547 to €55,273Debts from €38,122 to €8,895Cash from €393 to €2,127

Key points

from the 2021 annual accounts, the last ones filed

Liquidity

7.04 was 1.91 in 2020

Short-term debts fell from €38,122 to €8,895.

Filings

4 annual accounts 4 late
deadline2018201920202021

The 2019 accounts came latest: 51 days after the end of the period.

No score

Recent changes

4 companies at this address later Albăstroiu, Iuliana, Matei, Luca, Albastroiu, Paul and Rusu, Adrian · since 2024
Bankruptcy published Enterprise Court of Brussels · judgment of 07-09-2023 · Bankruptcy
Incorporation 2 publications in the Belgian Official Gazette, the last on 20-03-2020 · published on 19-10-2016 · Gazette deed
First establishment Heizelstraat 162, Brussels
All 10 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 07-09-2023
Activity
General construction of residential buildingsNACE 41001and 1 other
Establishment unit
2.258.074.3811020 Brussels, since 15-10-2016
Financial year end
31 May
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-05-2021

€24,144▼ 42.0%
≈ €290,000estimated
€16,726▼ 52.2%
€55,273▲ 43.4%
€64,169▼ 16.3%
Filing
Filed on 09-02-2022
Financials

Insights on HVI CONSTRUCT

On 7 September 2023 the court declared HVI CONSTRUCT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

micro format, filed on 09-02-2022, 40 days late
€24,144
▼ 42.0%
€21,292
▼ 46.9%
€23,655
▼ 43.1%
€19,089
▼ 47.6%
86.1%
▲ 35.9 percentage points
7.04
▲ 5.13

Money flows

no detail for 2021

Balance sheet

balance sheet total €64,169 on 31-05-2021
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

86.1%

Higher than 93% of 6,678 companies in 2021.

7.04

Higher than 92% of 6,515 companies in 2021.

26.1%

Higher than 84% of 6,554 companies in 2021.

HVI CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018
Balance sheet: assets
20/58 64,16976,66995,84428,563
21/28 1,5833,947--
22/27 1,5833,947--
23 695927--
24 8883,019--
29/58 62,58572,72395,84428,563
40/41 60,45972,33093,41620,841
40 60,03847,15967,78220,571
41 42125,17025,634270
54/58 2,1273932,4287,722
Balance sheet: equity and liabilities
10/49 64,16976,66995,84428,563
10/15 55,27338,54723,55912,643
10/11 6,2006,2006,2006,200
100 --18,60018,600
101 --12,40012,400
11 -6,200--
1100/10 -6,200--
13 1,8601,8601,8601,860
130/1 1,8601,860--
130 --1,8601,860
1311 1,860---
1319 -1,860--
14 47,21330,48715,4994,583
17/49 8,89538,12272,28615,919
42/48 8,89538,12272,28615,919
44 7786,24867,16213,690
440/4 778-5,6957,116
441 -6,24861,4676,574
45 8,11811,8755,1242,229
450/3 4,1185,8754,0452,229
454/9 4,0006,0001,079-
47/48 -20,000--
Income statement
70 -118,111137,181146,834
9900 24,14441,59913,90710,577
60/61 -76,512123,274136,258
630 2,3631,475--
640/8 488--658
9901 21,29240,12413,9079,919
65/66B 4481,2161591,246
65 4481,2161591,246
9903 20,84438,90813,7488,672
67/77 4,1183,9192,8332,229
9904 16,72634,98910,9156,443
9905 16,72634,98910,9156,443
Appropriation of the result
9906 47,21350,48715,4996,443
691/2 ---1,860
6920 ---1,860
694/7 -20,000--
695 -20,000--
Document PDFPDFPDFPDF

Source: Annual accounts 2021 (PDF), filed on 09-02-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 40 days after the deadline. Filed on 9 February 2022, deadline 31 December 2021 (7 months after the close on 31 May 2021, Companies Code art. 3:10). Source: NBB, 2022-05700002.

Financial year Type Filed Reference Document
31-05-2021 micro format 09-02-2022 2022-05700002 PDF
31-05-2020 micro format 11-02-2021 2021-05200338 PDF
31-05-2019 micro format 20-02-2020 2020-05300344 PDF
31-05-2018 micro format 15-01-2019 2019-01300558 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018
23,65541,599--
19,08936,464--
05,422--
1,733-2,035-5,294-
53,69034,60123,55912,643
-34.0%10.1%6.8%
86.1%50.3%24.6%44.3%
7.041.911.331.79
0.160.993.071.26
30.3%90.8%46.3%51.0%
26.1%45.6%11.4%22.6%
-146 days180 days51 days
-30 days199 days37 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on HVI CONSTRUCT

The operating result for 2021 is 47% lower than in 2020.

Debt's share of the balance-sheet total falls from 49.7% to 13.9%. Equity is higher and debt is lower.

Board & ownership

Curator

the curator has managed the company since 07-09-2023
Gunther Peeters
Curator, Kunstlaan 24 Bus 9, 1000 Brussel 1
Also on 319 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€6,200
Source
2019 annual accounts

Office holders in the KBO →

Network & group

No group

HVI CONSTRUCT has no parent and no holdings in its annual accounts.

At the same address

Heizelstraat 162, 1020 Brussels · 8 other companies
Albăstroiu, Iuliana (sole trader)
establishment since 14-10-2026
1044.860.145
Matei, Luca (sole trader)
establishment since 27-10-2025
 founded in 2025
1029.861.371
Albastroiu, Paul (sole trader)
establishment since 16-08-2024
 founded in 2024
1012.544.693
Rusu, Adrian (sole trader)
establishment since 30-01-2024
 founded in 2024
1005.548.322
Prelipceanu, Adrian (sole trader)
establishment since 01-07-2013
 founded in 2013
0534.656.476
Ursulean, Danut-Virgil (sole trader)
establishment since 01-04-2013
 founded in 2013
0518.919.514
Parlog, Silviu (sole trader)
establishment since 15-01-2013
 founded in 2013
0502.617.871
Canciuc, Mihai (sole trader)
establishment since 01-01-2013
 founded in 2013
0503.868.676

Timeline

Timeline

10 events since 2016
2026
4 companies at this address later Albăstroiu, Iuliana, Matei, Luca, Albastroiu, Paul and Rusu, Adrian · since 2024
2023
Bankruptcy published Enterprise Court of Brussels · judgment of 07-09-2023
2022
Annual accounts 2021 filed PDFmicro format · 40 days late
2021
Liquidity more than triples current ratio 7.04 The current ratio rises from 1.91 to 7.04. Short-term debt falls from €38,122 to €8,895.
Annual accounts 2020 filed PDFmicro format · 42 days late
2020
Highest result from 2018 to 2021 net €34,989 ▲221% The operating result of €40,124 and the net result of €34,989 are both a record.
Annual accounts 2019 filed PDFmicro format · 51 days late
2019
Annual accounts 2018 filed PDFmicro format · 15 days late
2016
Incorporation PDF2 publications in the Belgian Official Gazette, the last on 20-03-2020 · published on 19-10-2016
First establishment Heizelstraat 162, Brussels

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

HVI CONSTRUCT was incorporated on 15 October 2016.1 Total assets fell from €95,844 in 2019 to €64,169 in 2021.2 On 7 September 2023 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian Official Gazette, 20-09-2023

Company details

Identity

Enterprise number
0664.674.385
VAT number
BE 0664.674.385
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 07-09-2023
Founded
15-10-2016
Financial year
ends on 31 May
Peppol
Not found in the Peppol Directory
Name
HVI CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
43350 Other building finishing work
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43390 Specialised construction activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Heizelstraat 162 registered office 1020 Brussels 4100101 General construction of residential buildings 15-10-2016 2.258.074.381

Buildings and parcels at the address

Ground area
79 m²
Buildings
80 m²
Volume, LiDAR
721 m³
Tallest building
14.0 m
Buildings to scale, each on its own parcel
80 m², 14.0 m 80 m², 14.0 m

Location

registered office establishment The establishment unit on the map
9 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21816C0001/00S00779 m² 1 · 80 m² 14.0 m · 4

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