IBUILD
Open bankruptcySummary
A bankruptcy procedure is open for IBUILD according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €75k and a net result of €140k.
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 Antwerp, Tongeren division
- Declared bankrupt
- 28 September 2021
- Supervising judge
- Willem Corstjens
- Official Gazette
- 04-10-2021 (pdf) ↗search the document for 2021/133576
Curators
- Kristien HanssenOnderwijslaan 72, 3600 Genkk.hanssen@hanssenpaquet.be
- Tanguy PaquetOnderwijslaan 72, 3600 Genkt.paquet@hanssenpaquet.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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-05-2021, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2020
65 d early
2019
55 d early
2018
32 d early
2017
31 d early
2016
58 d early
2015
31 d early
2014
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
Financials · fiscal year 2020, micro schema
Equity
€75k
2019 · €-66k
Net result
€140k
2019 · €-66k
Total assets
€608k▼ 17.2%
2019 · €734k
Solvency
12.3%▲ 21.2pp
2019 · -9.0%
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
Line201820192020
Operating result€-40k-€-57k▼ 44.6%€178k
Net result€-235k-€-66k▲ 71.8%€140k
Equity€415-€-66k€75k
Total assets€684k-€734k▲ 7.4%€608k▼ 17.2%
Debt€683k-€800k▲ 17.1%€533k▼ 33.3%
Working capital€-94k-€-216k▼ 129%€-157k▲ 27.3%
Solvency0.1%--9.0%▼ 9.0pp12.3%▲ 21.2pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €178k after a loss of €57k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €608k
Fixed assets
€449k ▲ 0.1%
Current assets
€159k ▼ 44.4%
Equity and liabilities €608k
Equity
€75k
Debt
€533k
Debt finances 87.7% of the balance-sheet total.
Key figures and ratios
ROE
188.2%
ROA
23.1%▲
2019 · -9.0%
Debt ≤ 1 year
€315k▼
2019 · €501k
Debt > 1 year
€218k▼
2019 · €299k
Income taxes
€23k▲
2019 · €523
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €574 | €869 | ▲ 51.6% |
| Gross operating margin9900 | €-16k | €-55k | €183k | ▲ 436% |
| Operating profit (loss)9901 | €-40k | €-57k | €178k | ▲ 410% |
| Recurring financial income75 | €1k | €1k | €104 | ▼ 92.4% |
| Recurring financial charges65 | €9k | €10k | €15k | ▲ 53.1% |
| Profit (loss) for the period before taxes9903 | €-235k | €-66k | €163k | ▲ 348% |
| Income taxes67/77 | €-194 | €523 | €23k | ▲ 4,250% |
| Profit (loss) for the period9904 | €-235k | €-66k | €140k | ▲ 312% |
| Profit (loss) for the period to be appropriated9905 | €-235k | €-66k | €140k | ▲ 312% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €684k | €734k | €608k | ▼ 17.2% |
| Fixed assets21/28 | €404k | €449k | €449k | ▲ 0.1% |
| Tangible fixed assets22/27 | €325k | €370k | €370k | = |
| Financial fixed assets28 | €79k | €79k | €79k | ▲ 0.6% |
| Current assets29/58 | €280k | €285k | €159k | ▼ 44.4% |
| Stocks and contracts in progress3 | €120k | €120k | €105k | ▼ 12.4% |
| Amounts receivable within one year40/41 | €92k | €160k | €33k | ▼ 79.4% |
| Cash at bank and in hand54/58 | €11k | €4k | €21k | ▲ 463% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €684k | €734k | €608k | ▼ 17.2% |
| Equity10/15 | €415 | €-66k | €75k | ▲ 213% |
| Contributions10/11 | €20k | €20k | - | - |
| Reserves13 | €2k | €2k | €55k | ▲ 2,663% |
| Profit (loss) carried forward14 | €-21k | €-88k | €-21k | ▲ 75.6% |
| Amounts payable17/49 | €683k | €800k | €533k | ▼ 33.3% |
| Amounts payable after more than one year17 | €309k | €299k | €218k | ▼ 27.1% |
| Amounts payable within one year42/48 | €374k | €501k | €315k | ▼ 37.0% |
| Trade debts44 | €94k | €115k | €1k | ▼ 98.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-235k | €-66k | €140k | ▲ 312% |
| + Depreciation and write-downs630 | €3k | €574 | €869 | ▲ 51.6% |
| Operating cash flow (approximation) | €-232k | €-66k | €141k | ▲ 315% |
| Investment in fixed assets (approximation) | - | €-46k | €-1k | ▲ 97.4% |
| Change in cash | - | €-8k | €17k | ▲ 325% |
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
2021
04-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 28-09-2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €140k
Net result €140k after 2 loss-making years.
06-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
31-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
29-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
24-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
10-10
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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
Registered office, Maasmechelen · 1 establishment unit since 2006
Ground area
3,716 m²
Building footprint
803 m²
Parcel 73048B0537/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
IBUILD / BREMS-BOUW / BREMS-BOUWPROJECTEN
since 20062.157.312.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048B0537/00H000 | Flanders | 3,716 m² | 1 · 803 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTIEN HANSSEN ONDERWIJSLAAN 72,
3600 GENK |
28-09-2021 → present |
| Curator | TANGUY PAQUET ONDERWIJSLAAN 72, 3600 GENK |
28-09-2021 → present |
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 11,578 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-10-2006
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.