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IRM GROND

Open bankruptcy
Private limited companyfounded 2021Meerhoutstraat 28, 9041 Gent, BelgiumKBO/BCE: BE 0763.521.147

A bankruptcy procedure is open for IRM GROND according to publications in the Belgian State Gazette; curator: RONNY JOSEPH.

Summary

The 2023 annual accounts show equity of €295,709 and a net result of €135,827.

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
24 September 2024
Supervising judge
Stefaan Baeten
Official Gazette
03-10-2024 (pdf) ↗search the document for 2024/137264

Deadlines

Provisional date payments stopped
20 September 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 18 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 24 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 29 October 2024Goods 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 24 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Ronny JosephMartelaarslaan 210, 9000 Gentronny.joseph@advocaat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 25-04-2024, 5 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
5 d early
2022
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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

History

On 11 February 2021, IRM GROND was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 The company was declared bankrupt on 24 September 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 03-10-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
€295,709▲ 85.2%
2022 · €159,632
Total assets
€369,211▲ 27.3%
2022 · €290,123
Net result
€135,827▼ 14.8%
2022 · €159,382
Working capital
€272,078▲ 114%
2022 · €127,247
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result€160,482-€147,609▼ 8.0%
Net result€159,382above the sector's middle half-€135,827above the sector's middle half▼ 14.8%
Equity€159,632above the sector's middle half-€295,709above the sector's middle half▲ 85.2%
Total assets€290,123within the sector's middle half-€369,211above the sector's middle half▲ 27.3%
Debt€130,491-€73,502▼ 43.7%
Working capital€127,247above the sector's middle half-€272,078above the sector's middle half▲ 114%
Solvency55.0%within the sector's middle half-80.1%above the sector's middle half▲ 25.1pp
Current ratio1.98within the sector's middle half-4.70above the sector's middle half▲ 2.73
Return on assets (ROA)54.9%above the sector's middle half-36.8%above the sector's middle half▼ 18.1pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2022: €160,482€160,482Net result 2022: €159,382€159,382Operating result 2023: €147,609€147,609Net result 2023: €135,827€135,82720222023€0€50,000€100,000€150,000Operating result 2022: €160,482€160,000Net result 2022: €159,382€159,000Operating result 2023: €147,609€148,000Net result 2023: €135,827€136,00020222023
The operating result falls in 2023; 2023 is 8% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €369,211
Fixed assets €23,631 ▼ 27.0%
Current assets €345,580 ▲ 34.1%
Equity and liabilities €369,211
Equity €295,709 ▲ 85.2%
Debt €73,502 ▼ 43.7%
Debt's share of the balance-sheet total falls from 45.0% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€156,363▼
2022 · €169,237
Cash flow
€144,581▼
2022 · €168,137
Debt to equity
0.25▼
2022 · 0.82
ROE
45.9%▼
2022 · 99.8%
Interest coverage
52.43▼
2022 · 153.86
Debt ≤ 1 year
€73,502▼
2022 · €130,491
Income taxes
€8,800
Staff costs
€192,558▼
2022 · €261,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet Code20222023
Assets
Total assets20/58€290,123€369,211▲
Fixed assets21/28€32,385€23,631▼
Tangible fixed assets22/27€32,385€23,631▼
Furniture and vehicles24€32,385€23,631▼
Current assets29/58€257,738€345,580▲
Amounts receivable within one year40/41€249,451€345,580▲
Trade receivables40€171,564€118,437▼
Other amounts receivable41€77,887€227,143▲
Cash at bank and in hand54/58€8,287-
Equity and liabilities
Total equity and liabilities10/49€290,123€369,211▲
Equity10/15€159,632€295,709▲
Contributions10/11€250€500▲
Capital10€250€500▲
Issued capital100€250€500▲
Profit (loss) carried forward14€159,382€295,209▲
Amounts payable17/49€130,491€73,502▼
Amounts payable within one year42/48€130,491€73,502▼
Financial debts43-€14,093
Credit institutions430/8-€14,093
Trade debts44€28,479€59,409▲
Suppliers440/4€28,479€59,409▲
Taxes, remuneration and social security45€102,012-
Taxes450/3€3,933-
Remuneration and social security454/9€98,079-
Income statement Code20222023
Remuneration, social security and pensions62€261,711€192,558▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,755€8,755=
Other operating charges640/8-€362
Gross operating margin9900€430,947€349,284▼
Operating profit (loss)9901€160,482€147,609▼
Financial charges65/66B€1,100€2,982▲
Recurring financial charges65€1,100€2,982▲
Profit (loss) for the period before taxes9903€159,382€144,627▼
Income taxes67/77-€8,800
Profit (loss) for the period9904€159,382€135,827▼
Profit (loss) for the period to be appropriated9905€159,382€135,827▼
Appropriation of the result
Profit (loss) to be appropriated9906€159,382€295,209▲
Profit (loss) brought forward from the previous period14P-€159,382

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Remuneration, social security and pensions62€261,711€192,558▼ 26.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,755€8,755=
Other operating charges640/8-€362-
Gross operating margin9900€430,947€349,284▼ 18.9%
Operating profit (loss)9901€160,482€147,609▼ 8.0%
Financial charges65/66B€1,100€2,982▲ 171%
Recurring financial charges65€1,100€2,982▲ 171%
Profit (loss) for the period before taxes9903€159,382€144,627▼ 9.3%
Income taxes67/77-€8,800-
Profit (loss) for the period9904€159,382€135,827▼ 14.8%
Profit (loss) for the period to be appropriated9905€159,382€135,827▼ 14.8%
Line20222023Change
Assets
Total assets20/58€290,123€369,211▲ 27.3%
Fixed assets21/28€32,385€23,631▼ 27.0%
Tangible fixed assets22/27€32,385€23,631▼ 27.0%
Furniture and vehicles24€32,385€23,631▼ 27.0%
Current assets29/58€257,738€345,580▲ 34.1%
Amounts receivable within one year40/41€249,451€345,580▲ 38.5%
Trade receivables40€171,564€118,437▼ 31.0%
Other amounts receivable41€77,887€227,143▲ 192%
Cash at bank and in hand54/58€8,287--
Equity and liabilities
Total equity and liabilities10/49€290,123€369,211▲ 27.3%
Equity10/15€159,632€295,709▲ 85.2%
Contributions10/11€250€500▲ 100%
Capital10€250€500▲ 100%
Issued capital100€250€500▲ 100%
Profit (loss) carried forward14€159,382€295,209▲ 85.2%
Amounts payable17/49€130,491€73,502▼ 43.7%
Amounts payable within one year42/48€130,491€73,502▼ 43.7%
Financial debts43-€14,093-
Credit institutions430/8-€14,093-
Trade debts44€28,479€59,409▲ 109%
Suppliers440/4€28,479€59,409▲ 109%
Taxes, remuneration and social security45€102,012--
Taxes450/3€3,933--
Remuneration and social security454/9€98,079--
Line20222023Change
Profit (loss) for the period9904€159,382€135,827▼ 14.8%
+ Depreciation and write-downs630€8,755€8,755=
Operating cash flow (approximation)€168,137€144,581▼ 14.0%
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
03-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 24-09-2024
25-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Liquidity doublescurrent ratio 4.70
Current ratio from 1.98 to 4.70; short-term debt falls from €130,491 to €73,502.
30-09
Financial Equity above €200,000Eq €295,709 ▲85.2%
2 profitable years in a row build equity to €295,709.
22-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Gent · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
759 m²
Building footprint
203 m²
Volume, LiDAR
804 m³
Parcel 44051B0993/00L000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Meerhoutstraat 28, 9041 Gent
General construction of buildings
since 20212.313.281.833
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44051B0993/00L000 Flanders 759 m² 1 · 203 m² 8.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 RONNY JOSEPH
MARTELAARSLAAN 210, 9000 GENT-
24-09-2024 → present

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 11,049 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
Founded11-02-2021
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.