IQ ECOCONSTRUCT
Open bankruptcyA bankruptcy procedure is open for IQ ECOCONSTRUCT according to publications in the Belgian State Gazette; curator: ANNE-CATHERINE SCIAMANNA.
Summary
The 2016 annual accounts show equity of €15,519 and a net result of -€3,675.
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 Hainaut, Charleroi division
- Declared bankrupt
- 21 October 2019
- Supervising judge
- Daniel Vendramin
- Official Gazette
- 25-10-2019 (pdf) ↗search the document for 2019/154307
Curator
- Anne-Catherine SciamannaRue Du Parc, 42, 6140 Fontaine-L’Eveque- . Date provisoire de cessation de paiement : 21/10/2019attout_sciamanna@skynet.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 31-12-2016 was due by 31-07-2017 and was filed on 10-03-2017, 143 days ahead of the deadline.
NBB · 7 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 →
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 Are there other customers at risk in your own list?Debtor check How is the Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2016, full schema
Turnover
€37,549▼ 31.8%
2015 · €55,030
EBIT margin
-9.8%▼ 25.1pp
2015 · 15.2%
Net result
-€3,675
2015 · €5,623
Working capital
€15,343▼ 18.3%
2015 · €18,780
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
Line20122013201420152016
Turnover€60,513-€103,578▲ 71.2%€74,610▼ 28.0%€55,030▼ 26.2%€37,549▼ 31.8%
Operating result-€27,132-€5,985€16,182▲ 170%€8,381▼ 48.2%-€3,696
Net result-€28,330-€4,685€15,224▲ 225%€5,623▼ 63.1%-€3,675
EBIT margin-44.8%-5.8%▲ 50.6pp21.7%▲ 15.9pp15.2%▼ 6.5pp-9.8%▼ 25.1pp
Equity-€6,339--€1,653▲ 73.9%€13,571€19,194▲ 41.4%€15,519▼ 19.1%
Total assets€160,392-€104,511▼ 34.8%€63,233▼ 39.5%€23,904▼ 62.2%€17,082▼ 28.5%
Debt€166,731-€106,164▼ 36.3%€49,662▼ 53.2%€4,710▼ 90.5%€1,563▼ 66.8%
Working capital€8,512-€11,981▲ 40.8%€18,797▲ 56.9%€18,780▼ 0.1%€15,343▼ 18.3%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2016: a loss of €3,696 after €8,381 in 2015.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €17,082
Fixed assets
€176 ▼ 60.7%
Current assets
€16,906 ▼ 27.9%
Equity and liabilities €17,082
Equity
€15,519 ▼ 19.1%
Debt
€1,563 ▼ 66.8%
Debt's share of the balance-sheet total falls from 19.7% to 9.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,424▼
2015 · €8,652
Cash flow
-€3,403▼
2015 · €5,894
Current ratio
10.82▲
2015 · 5.02
ROE
-23.7%▼
2015 · 29.3%
ROA
-21.5%▼
2015 · 23.5%
Debt ≤ 1 year
€1,563▼
2015 · €4,676
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €60,513 | €103,578 | €74,610 | €55,030 | €37,549 | ▼ 31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,113 | €723 | €121 | €271 | €272 | ▲ 0.4% |
| Gross operating margin9900 | -€24,617 | €7,026 | €16,612 | €8,963 | -€3,373 | ▼ 138% |
| Operating profit (loss)9901 | -€27,132 | €5,985 | €16,182 | €8,381 | -€3,696 | ▼ 144% |
| Recurring financial income75 | €18 | €14 | - | - | €47 | - |
| Recurring financial charges65 | €1,205 | €1,314 | €958 | €779 | €26 | ▼ 96.7% |
| Profit (loss) for the period before taxes9903 | -€28,319 | €4,685 | €15,224 | €7,602 | -€3,675 | ▼ 148% |
| Income taxes67/77 | €11 | - | - | €1,979 | - | - |
| Profit (loss) for the period9904 | -€28,330 | €4,685 | €15,224 | €5,623 | -€3,675 | ▼ 165% |
| Profit (loss) for the period to be appropriated9905 | -€28,330 | €4,685 | €15,224 | €5,623 | -€3,675 | ▼ 165% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,392 | €104,511 | €63,233 | €23,904 | €17,082 | ▼ 28.5% |
| Fixed assets21/28 | €748 | €25 | €266 | €448 | €176 | ▼ 60.7% |
| Tangible fixed assets22/27 | €723 | - | €241 | €423 | €151 | ▼ 64.3% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €159,644 | €104,486 | €62,967 | €23,456 | €16,906 | ▼ 27.9% |
| Stocks and contracts in progress3 | €2,140 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €139,773 | €90,922 | €34,581 | €8,459 | €4,385 | ▼ 48.2% |
| Cash at bank and in hand54/58 | €16,200 | €12,919 | €27,951 | €14,562 | €12,521 | ▼ 14.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,392 | €104,511 | €63,233 | €23,904 | €17,082 | ▼ 28.5% |
| Equity10/15 | -€6,339 | -€1,653 | €13,571 | €19,194 | €15,519 | ▼ 19.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€26,799 | -€22,113 | -€6,889 | -€1,266 | -€4,941 | ▼ 290% |
| Amounts payable17/49 | €166,731 | €106,164 | €49,662 | €4,710 | €1,563 | ▼ 66.8% |
| Amounts payable after more than one year17 | €15,236 | €13,442 | €5,492 | - | - | - |
| Amounts payable within one year42/48 | €151,132 | €92,505 | €44,170 | €4,676 | €1,563 | ▼ 66.6% |
| Trade debts44 | €70,201 | €53,082 | €1,028 | €778 | €1,563 | ▲ 101% |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,330 | €4,685 | €15,224 | €5,623 | -€3,675 | ▼ 165% |
| + Depreciation and write-downs630 | €2,113 | €723 | €121 | €271 | €272 | ▲ 0.4% |
| Operating cash flow (approximation) | -€26,217 | €5,408 | €15,345 | €5,894 | -€3,403 | ▼ 158% |
| Investment in fixed assets (approximation) | - | €0 | -€362 | -€453 | €0 | ▲ 100% |
| Change in cash | - | -€3,281 | €15,032 | -€13,389 | -€2,041 | ▲ 84.8% |
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
2019
25-10
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 21-10-2019
2017
10-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Liquidity doublescurrent ratio 10.82
Current ratio from 5.02 to 10.82; short-term debt falls from €4,676 to €1,563.
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
2015
31-12
Financial
Liquidity quadruplescurrent ratio 5.02
Current ratio from 1.43 to 5.02; short-term debt falls from €44,170 to €4,676.
25-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 56 days late
2014
31-12
Financial
Highest result since 2012net €15,224 ▲225%
Operating result €16,182, net result €15,224, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
31-12
Financial
Back to profitnet €4,685
Net result €4,685 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
15-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
16-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 16 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.
Have them read with priority
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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, Courcelles · 1 establishment unit since 2010
Ground area
1,447 m²
Building footprint
314 m²
Volume, LiDAR
758 m³
2 parcels, Wallonia · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IQ ECOCONSTRUCT
since 20102.185.203.726
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92076B0252/00K000 | Wallonia | 1,089 m² | 1 · 173 m² | - |
| 52015B1208/00P004 | Wallonia | 358 m² | 1 · 140 m² | 6.1 m · 2 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 | ANNE-CATHERINE SCIAMANNA RUE DU PARC, 42,
6140 FONTAINE-L’EVEQUE- .
Date provisoire de cessation de paiement : 21/10/2019 |
21-10-2019 → present |
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 5,620 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 (pre-2019)
Founded11-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
33190Repair, maintenance and installation of machinery and equipment
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
46832Wholesale of timber
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.