IKTEC CONSTRUCT
Bankruptcy closedSummary
IKTEC CONSTRUCT was declared bankrupt on 14-08-2012 (Tribunal de commerce de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 19-05-2014, published in the Belgian State Gazette on 16-06-2014. The 2008 annual accounts show equity of €6,052 and a net result of €1,398.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 25-08-2009, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2008, full schema
Turnover
€60,438▲ 62.7%
2007 · €37,137
EBIT margin
2.6%▼ 9.5pp
2007 · 12.1%
Net result
€1,398
2007 · -€4,697
Working capital
€4,944
2007 · -€1,523
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
Line2005200620072008
Turnover€31,977-€50,572▲ 58.2%€37,137▼ 26.6%€60,438▲ 62.7%
Operating result-€3,718--€32,384▼ 771%€4,508€1,576▼ 65.0%
Net result-€19,078--€5,496▲ 71.2%-€4,697▲ 14.5%€1,398
EBIT margin-11.6%--64.0%▼ 52.4pp12.1%▲ 76.2pp2.6%▼ 9.5pp
Equity€14,847-€9,351▼ 37.0%€4,653▼ 50.2%€6,052▲ 30.0%
Total assets€756,926-€48,770▼ 93.6%€32,739▼ 32.9%€20,701▼ 36.8%
Debt€742,079-€39,419▼ 94.7%€28,086▼ 28.8%€14,650▼ 47.8%
Working capital-€706,883--€25,911▲ 96.3%-€1,523▲ 94.1%€4,944
Staff (FTE)0.3-1.5▲ 400%
Result per fiscal year
Operating resultNet result
The operating result falls in 2008; 2008 is 65% below 2007.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €20,701
Fixed assets
€1,108 ▼ 82.1%
Current assets
€19,593 ▼ 26.2%
Equity and liabilities €20,701
Equity
€6,052 ▲ 30.0%
Debt
€14,650 ▼ 47.8%
Debt's share of the balance-sheet total falls from 85.8% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2,444▼
2007 · €10,263
Cash flow
€2,266▲
2007 · €1,057
Current ratio
1.34▲
2007 · 0.95
ROE
23.1%▲
2007 · -100.9%
ROA
6.8%▲
2007 · -14.3%
Debt ≤ 1 year
€14,650▼
2007 · €28,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2005 | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|---|
| Turnover70 | €31,977 | €50,572 | €37,137 | €60,438 | ▲ 62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,114 | €4,954 | €5,754 | €868 | ▼ 84.9% |
| Gross operating margin9900 | €7,467 | €11,367 | €23,598 | €3,610 | ▼ 84.7% |
| Operating profit (loss)9901 | -€3,718 | -€32,384 | €4,508 | €1,576 | ▼ 65.0% |
| Recurring financial income75 | €22 | €58 | - | - | - |
| Recurring financial charges65 | €9,815 | - | €5,756 | €1,810 | ▼ 68.6% |
| Profit (loss) for the period before taxes9903 | -€19,078 | -€5,496 | €12,373 | €1,398 | ▼ 88.7% |
| Income taxes67/77 | - | - | €17,071 | - | - |
| Profit (loss) for the period9904 | -€19,078 | -€5,496 | -€4,697 | €1,398 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | -€19,078 | -€5,496 | -€4,697 | €1,398 | ▲ 130% |
| Line | 2005 | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €756,926 | €48,770 | €32,739 | €20,701 | ▼ 36.8% |
| Fixed assets21/28 | €721,730 | €35,262 | €6,176 | €1,108 | ▼ 82.1% |
| Tangible fixed assets22/27 | €38,885 | €35,131 | €6,176 | €1,108 | ▼ 82.1% |
| Financial fixed assets28 | €682,845 | €131 | - | - | - |
| Current assets29/58 | €35,196 | €13,508 | €26,563 | €19,593 | ▼ 26.2% |
| Amounts receivable within one year40/41 | €26,474 | €9,793 | €25,948 | €15,000 | ▼ 42.2% |
| Cash at bank and in hand54/58 | €8,723 | €3,715 | €615 | €4,593 | ▲ 646% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €756,926 | €48,770 | €32,739 | €20,701 | ▼ 36.8% |
| Equity10/15 | €14,847 | €9,351 | €4,653 | €6,052 | ▲ 30.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€47,153 | -€52,649 | -€57,347 | -€55,948 | ▲ 2.4% |
| Amounts payable17/49 | €742,079 | €39,419 | €28,086 | €14,650 | ▼ 47.8% |
| Amounts payable within one year42/48 | €742,079 | €39,419 | €28,086 | €14,650 | ▼ 47.8% |
| Trade debts44 | €2,197 | €6,423 | - | €4,015 | - |
| Line | 2005 | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,078 | -€5,496 | -€4,697 | €1,398 | ▲ 130% |
| + Depreciation and write-downs630 | €6,114 | €4,954 | €5,754 | €868 | ▼ 84.9% |
| Operating cash flow (approximation) | -€12,964 | -€542 | €1,057 | €2,266 | ▲ 114% |
| Investment in fixed assets (approximation) | - | €681,513 | €23,331 | €4,201 | ▼ 82.0% |
| Change in cash | - | -€5,008 | -€3,099 | €3,978 | ▲ 228% |
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
2014
16-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de commerce francophone de Bruxelles · event 19-05-2014
2012
24-08
Bankruptcy
Opening
Tribunal de commerce de Bruxelles · event 14-08-2012
2009
25-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 25 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 210 days late
2008
31-12
Financial
Back to profitnet €1,398
Net result €1,398 after 3 loss-making years.
26-03
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 239 days late
26-03
NBB filing
Annual accounts filed
fiscal year 2005 · full schema · 604 days late
2005
06-07
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
20-12
NBB filing
Annual accounts filed
fiscal year 2003 · full schema · 142 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 176 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 541 days late
2001
27-12
NBB filing
Annual accounts filed
fiscal year 2000 · full schema · 241 days late
2000
06-12
NBB filing
Annual accounts filed
fiscal year 1999 · full schema · 220 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudergem · 1 establishment unit since 1993
Ground area
547 m²
Building footprint
461 m²
Volume, LiDAR
9,553 m³
2 parcels, Brussels · tallest building 41.6 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 399, 1050 Brussel
since 19932.064.301.936
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0210/00P002 | Brussels | 462 m² | 1 · 385 m² | 41.6 m · 12 fl. |
| 21002A0091/00E012 | Brussels | 84 m² | 1 · 77 m² | 13.9 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 | Me De Vulder Frederik, avenue Houba de Strooper 748, 1020 Bruxelles-2 |
14-08-2012 → 19-05-2014 |
Identification & contact
Identification
Legal formPublic limited company
Founded22-09-1993
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.