Ivan Construct
Open bankruptcyA bankruptcy procedure is open for Ivan Construct according to publications in the Belgian State Gazette; curator: STEVEN NYSTEN.
Summary
The 2023 annual accounts show equity of €42k and a net result of €39k.
Signals
Three 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 31-12-2023 was due by 31-07-2024 and was filed on 27-09-2024, 58 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 · 1 filingDeviation from the deadline
2023
58 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€42k
Total assets
€114k
Net result
€39k
Working capital
€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €114k
Fixed assets
€34k
Current assets
€80k
Equity and liabilities €114k
Equity
€42k
Debt
€72k
Debt finances 63.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€57k
Cash flow
€47k
Current ratio
1.11
Debt to equity
1.74
ROE
92.8%
ROA
33.9%
Interest coverage
126.73
Debt ≤ 1 year
€72k
Income taxes
€10k
Filed annual accounts As filed with the NBB · 2023 · 34 lines
Balance sheet
Code2023
Assets
Total assets20/58€114k
Fixed assets21/28€34k
Tangible fixed assets22/27€34k
Plant, machinery and equipment23€4k
Furniture and vehicles24€30k
Current assets29/58€80k
Amounts receivable within one year40/41€80k
Trade receivables40€75k
Other amounts receivable41€5k
Equity and liabilities
Total equity and liabilities10/49€114k
Equity10/15€42k
Contributions10/11€3k
Profit (loss) carried forward14€39k
Amounts payable17/49€72k
Amounts payable within one year42/48€72k
Financial debts43€5k
Credit institutions430/8€5k
Trade debts44€53k
Suppliers440/4€53k
Taxes, remuneration and social security45€14k
Taxes450/3€14k
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k
Other operating charges640/8€1k
Gross operating margin9900€59k
Operating profit (loss)9901€49k
Financial income75/76B€136
Recurring financial income75€136
Financial charges65/66B€452
Recurring financial charges65€452
Profit (loss) for the period before taxes9903€49k
Income taxes67/77€10k
Profit (loss) for the period9904€39k
Profit (loss) for the period to be appropriated9905€39k
Appropriation of the result
Profit (loss) to be appropriated9906€39k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · IVAN CONSTRUCT BV EXCEL- SIORLAAN 10, 1930 ZAVENTEM · event 17-02-2026
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Zaventem · 2 establishment units since 2022
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.
Excelsiorlaan 101930 ZaventemGround area
1.2 ha
Building footprint
3,284 m²
Volume, LiDAR
22,390 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 21.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Chaussée de Bruxelles 347, 1410 Waterloo
since 20222.338.168.865
SOUTO BRASIL BAR RESTAURANT
since 20252.367.447.128
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00V002 | Flanders | 1.2 ha | 1 · 3,085 m² | 12.5 m · 2 fl. |
| 25763L0780/00A000 | Wallonia | 242 m² | 1 · 42 m² | 9.0 m · 3 fl. |
| 21013B0135/00S003 | Brussels | 158 m² | 1 · 156 m² | 21.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 | STEVEN NYSTEN PEGASUSLAAN 5, 1831 DIEGEM- |
17-02-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.367.447.128
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,896 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
56111Full-service restaurants
43310Plastering work
43320Joinery installation
43332Laying of wooden floor and wall coverings
43341Painting of buildings
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.