IDEAL CONSTRUCT
InactiveIDEAL CONSTRUCT was declared bankrupt on 30-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 03-06-2025, published in the Belgian State Gazette on 06-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-07-2023, 17 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
17 d early
2021
26 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€73k▲ 28.8%
2021 · €56k
2021: €56k
2021 → 2022
Total assets
€383k▲ 183%
2021 · €135k
2021: €135k
2021 → 2022
Net result
€16k▼ 68.4%
2021 · €51k
2021: €51k
2021 → 2022
Working capital
€30k▲ 9.6%
2021 · €28k
2021: €28k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€56k-€73k▲ 28.8%
Operating result€68k-€27k▼ 60.2%
Net result€51k-€16k▼ 68.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 60% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €383k
Fixed assets
€113k ▲ 149%
Current assets
€270k ▲ 200%
Equity and liabilities €383k
Equity
€73k ▲ 28.8%
Debt
€311k ▲ 293%
Debt's share of the balance-sheet total rises from 58.3% to 81.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▼
2021 · €74k
Cash flow
€34k▼
2021 · €57k
Current ratio
1.13▼
2021 · 1.44
Debt to equity
4.27▲
2021 · 1.40
ROE
22.4%▼
2021 · 91.1%
ROA
4.2%▼
2021 · 38.0%
Interest coverage
8.63▼
2021 · 27.90
Debt ≤ 1 year
€240k▲
2021 · €62k
Debt > 1 year
€39k▲
2021 · €17k
Income taxes
€6k▼
2021 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 48 lines
Balance sheet
Code20212022
Assets
Total assets20/58€135k€383k▲
Fixed assets21/28€45k€113k▲
Tangible fixed assets22/27€45k€111k▲
Plant, machinery and equipment23€6k€11k▲
Furniture and vehicles24€39k€100k▲
Financial fixed assets28-€3k
Current assets29/58€90k€270k▲
Amounts receivable after more than one year29€21k€17k▼
Other amounts receivable291€21k€17k▼
Amounts receivable within one year40/41€14k€183k▲
Trade receivables40€111€114k▲
Other amounts receivable41€14k€68k▲
Cash at bank and in hand54/58€48k€68k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€135k€383k▲
Equity10/15€56k€73k▲
Contributions10/11€5k€5k=
Reserves13€51k€68k▲
Distributable reserves133€51k€68k▲
Amounts payable17/49€79k€311k▲
Amounts payable after more than one year17€17k€39k▲
Financial debts170/4€17k€39k▲
Amounts payable within one year42/48€62k€240k▲
Current portion of amounts payable after more than one year42€30k€23k▼
Financial debts43-€61k
Credit institutions430/8-€61k
Trade debts44€32k€155k▲
Suppliers440/4€32k€155k▲
Taxes, remuneration and social security45€294€813▲
Taxes450/3€294€813▲
Accrued charges and deferred income492/3-€32k
Income statement
Code20212022
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€18k▲
Other operating charges640/8€4k€7k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€78k€53k▼
Operating profit (loss)9901€68k€27k▼
Financial income75/76B-€394
Recurring financial income75-€394
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€65k€22k▼
Income taxes67/77€14k€6k▼
Profit (loss) for the period9904€51k€16k▼
Profit (loss) for the period to be appropriated9905€51k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€16k▼
Transfer to equity691/2€51k€16k▼
To other reserves6921€51k€16k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 03-06-2025
2024
05-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 30-01-2024
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BEN DE GROOF DE MERODELEI 112, 2300 TURNHOUT- |
30-01-2024 → 03-06-2025 |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 183 EUR awarded · 183 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 183 EUR | 183 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)