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INTERNATIONAL BUILDING SERVICES - LIMBURG

Inactive
KBO/BCE: BE 0721.752.848

INTERNATIONAL BUILDING SERVICES - LIMBURG was declared bankrupt on 12-10-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 06-01-2025, published in the Belgian State Gazette on 17-01-2025.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2021 was due by 30-06-2022 and was filed on 14-06-2022, 16 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2021
16 d early
2019
43 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€-193k
2019 · €21k
2019: €21k
2019 → 2021
Total assets
€148k▼ 30.9%
2019 · €215k
2019: €215k
2019 → 2021
Net result
€-214k
2019 · €14k
2019: €14k
2019 → 2021
Working capital
€-142k
2019 · €19k
2019: €19k
2019 → 2021
Multi-year overview
Available amounts per fiscal year
Line20192021Trend
Equity€21k-€-193k
Operating result€16k-€-194k
Net result€14k-€-214k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0Operating result 2019: €16k€16kNet result 2019: €14k€14kOperating result 2021: €-194k€-194kNet result 2021: €-214k€-214k20192021€-300k€-200k€-100k€0Operating result 2019: €16k€16kNet result 2019: €14k€14kOperating result 2021: €-194k€-194kNet result 2021: €-214k€-214k20192021
The operating result is €-194k in 2021, compared with €16k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €148k
Fixed assets €1k ▼ 40.0%
Current assets €147k ▼ 30.8%
Key figures and ratios
2021 value · change against 2019
EBITDA
€-193k
2019 · €17k
Cash flow
€-213k
2019 · €16k
Solvency
-130.2%
2019 · 9.8%
Current ratio
0.51
2019 · 1.10
Quick ratio
0.32
2019 · 1.04
Debt to equity
-1.77
ROA
-144.3%
2019 · 6.7%
Interest coverage
-6.48
Debt
€341k
2019 · €194k
Debt ≤ 1 year
€289k
2019 · €193k
Debt > 1 year
€53k
Income taxes
€447
2019 · €6k
Staff costs
€2k
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 · 2021 against 2019 · 45 lines
Balance sheet Code20192021
Assets
Total assets20/58€215k€148k
Fixed assets21/28€2k€1k
Tangible fixed assets22/27€2k€1k
Plant, machinery and equipment23-€1k
Current assets29/58€213k€147k
Stocks and contracts in progress3€11k€54k
Stocks30/36-€13k
Contracts in progress37-€41k
Amounts receivable within one year40/41€192k€89k
Trade receivables40-€84k
Other amounts receivable41-€5k
Cash at bank and in hand54/58€10k€4k
Deferred charges and accrued income490/1-€278
Equity and liabilities
Total equity and liabilities10/49€215k€148k
Equity10/15€21k€-193k
Contributions10/11€7k€7k=
Reserves13€14k€14k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€13k
Profit (loss) carried forward14-€-214k
Amounts payable17/49€194k€341k
Amounts payable after more than one year17-€53k
Financial debts170/4-€53k
Amounts payable within one year42/48€193k€289k
Current portion of amounts payable after more than one year42-€8k
Trade debts44€184k€191k
Suppliers440/4-€191k
Taxes, remuneration and social security45-€447
Taxes450/3-€447
Other amounts payable47/48-€89k
Income statement Code20192021
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€784
Other operating charges640/8-€2k
Gross operating margin9900€18k€-189k
Operating profit (loss)9901€16k€-194k
Financial income75/76B-€10k
Recurring financial income75€5k€10k
Financial charges65/66B-€30k
Recurring financial charges65€223€30k
Profit (loss) for the period before taxes9903€20k€-213k
Income taxes67/77€6k€447
Profit (loss) for the period9904€14k€-214k
Profit (loss) for the period to be appropriated9905€14k€-214k
Appropriation of the result
Profit (loss) to be appropriated9906-€-214k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-01
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · INTERNATIONAL BUILDING SERVICES - LIMBURG BV MOSTEN 4, 9160 LOKEREN · event 06-01-2025
2022
18-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · INTERNATIONAL BUILDING SERVICES - LIMBURG BV MOSTEN 4, 9160 LOKEREN · event 12-10-2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
18-06
NBB filing Annual accounts filed
fiscal year 2019 · 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.

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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
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

2 mandates
Role Name Tenure
Curator IVAN REYNS
GROTE BAAN 68, 9120 BEVEREN-WAAS-
12-10-202206-01-2025
Curator JESSICA BONNEUX
GROTE BAAN 68, 9120 BEVEREN-WAAS
12-10-202206-01-2025