IGL CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for IGL CONSTRUCT according to publications in the Belgian State Gazette; curator: DIRK LEROUX.
Summary
The 2020 annual accounts show equity of €13,585 and a net result of €179,085.
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 Ghent, Ghent division
- Declared bankrupt
- 16 May 2023
- Supervising judge
- Dominique Delbeke
- Official Gazette
- 24-05-2023 (pdf) ↗search the document for 2023/120439
Deadlines
- Provisional date payments stopped
- 16 May 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 8 June 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 15 June 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 20 June 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 16 May 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Dirk LerouxKortrijksesteenweg 964, 9000 Gentdirk.leroux@d-law.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?Address check Are there other customers at risk in your own list?Debtor check How is the Other specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€13,585
Total assets
€255,203
Net result
€179,085
Working capital
€10,861
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €255,203
Fixed assets
€2,724
Current assets
€252,479
Equity and liabilities €255,203
Equity
€13,585
Debt
€241,618
Debt finances 94.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€196,793
Cash flow
€180,447
Current ratio
1.04
ROA
70.2%
Debt ≤ 1 year
€241,618
Income taxes
€2,495
A ratio outside any meaningful range has been withheld (balance sheet total €255,203, equity €13,585).
Annual accounts
| Line | 2020 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,362 |
| Gross operating margin9900 | €199,937 |
| Operating profit (loss)9901 | €195,431 |
| Recurring financial income75 | €2,558 |
| Recurring financial charges65 | €16,409 |
| Profit (loss) for the period before taxes9903 | €181,580 |
| Income taxes67/77 | €2,495 |
| Profit (loss) for the period9904 | €179,085 |
| Profit (loss) for the period to be appropriated9905 | €179,085 |
| Line | 2020 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €255,203 | |
| Fixed assets21/28 | €2,724 | |
| Tangible fixed assets22/27 | €2,724 | |
| Current assets29/58 | €252,479 | |
| Amounts receivable within one year40/41 | €249,998 | |
| Cash at bank and in hand54/58 | €2,481 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €255,203 | |
| Equity10/15 | €13,585 | |
| Contributions10/11 | €6,500 | |
| Reserves13 | €1,860 | |
| Profit (loss) carried forward14 | €5,225 | |
| Amounts payable17/49 | €241,618 | |
| Amounts payable within one year42/48 | €241,618 | |
| Trade debts44 | €67,123 | |
| Line | 2020 |
|---|---|
| Profit (loss) for the period9904 | €179,085 |
| + Depreciation and write-downs630 | €1,362 |
| Operating cash flow (approximation) | €180,447 |
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
24-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 16-05-2023
2021
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Gent · 1 establishment unit since 2018
Ground area
1,061 m²
Building footprint
431 m²
Volume, LiDAR
4,327 m³
2 parcels, Brussels, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
144
companies at this address
See who is registered here
1 establishment unit
IGL CONSTRUCT
since 20182.281.936.480
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0274/00F027 | Brussels | 847 m² | 1 · 228 m² | 13.1 m · 4 fl. |
| 44808H0052/00R006 | Flanders | 214 m² | 1 · 202 m² | 11.8 m · 3 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 | DIRK LEROUX KORTRIJKSESTEENWEG 964, 9000 GENT- |
16-05-2023 → present |
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 4,640 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
Founded24-08-2018
Fiscal year end31-03
Activities, NACEBEL 2025
43990Other specialised construction activities
81230Other cleaning activities
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.