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IVERCO

Open bankruptcy
Private limited company (pre-2019)founded 2018Stijn Streuvelsstraat 47, 2340 Beerse, BelgiumKBO/BCE: BE 0695.647.079

A bankruptcy procedure is open for IVERCO according to publications in the Belgian State Gazette; curator: ALEXANDRE BASTENIER.

Summary

The 2022 annual accounts show equity of €50,509 and a net result of €11,183.

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 Antwerp, Antwerp division
Declared bankrupt
21 March 2024
Supervising judge
Koen Ampe
Official Gazette
27-03-2024 (pdf) ↗search the document for 2024/112665

Deadlines

Provisional date payments stopped
21 March 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 11 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 April 2024art. XX.104 and XX.155 CEL
First verification report
passed on 17 May 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 21 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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 · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 04-05-2023, 4 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 · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
4 d late
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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

IVERCO was incorporated on 3 May 2018.1 Total assets rose from EUR 49,478 in 2019 to EUR 184,455 in 2022.2 On 21 March 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 27-03-2024

Go further with this company

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

Financials · fiscal year 2022, micro schema

Equity
€50,509▲ 125%
2020 · €22,428
Total assets
€184,455▲ 259%
2020 · €51,431
Net result
€11,183▼ 12.8%
2020 · €12,823
Working capital
€41,346▲ 89.6%
2020 · €21,803
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202022
Operating result€2,641-€15,166▲ 474%€9,144-
Net result€3,405-€12,823within the sector's middle half▲ 277%€11,183within the sector's middle half-
Equity€9,605-€22,428within the sector's middle half▲ 134%€50,509within the sector's middle half-
Total assets€49,478-€51,431below the sector's middle half▲ 3.9%€184,455within the sector's middle half-
Debt€39,873-€29,003▼ 27.3%€133,947-
Working capital€8,730-€21,803▲ 150%€41,346-
Solvency19.4%-43.6%within the sector's middle half▲ 24.2pp27.4%within the sector's middle half-
Staff (FTE)2.1-
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2019: €2,641€2,641Net result 2019: €3,405€3,405Operating result 2020: €15,166€15,166Net result 2020: €12,823€12,823Operating result 2022: €9,144€9,144Net result 2022: €11,183€11,183201920202022€0€5,000€10,000€15,000Operating result 2019: €2,641€2,640Net result 2019: €3,405€3,410Operating result 2020: €15,166€15,200Net result 2020: €12,823€12,800Operating result 2022: €9,144€9,140Net result 2022: €11,183€11,200201920202022
The operating result is €9,144 in 2022, compared with €15,166 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €184,455
Fixed assets €9,162 ▲ 1,366%
Current assets €175,293 ▲ 245%
Equity and liabilities €184,455
Equity €50,509 ▲ 125%
Debt €133,947 ▲ 362%
Debt's share of the balance-sheet total rises from 56.4% to 72.6%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2020
EBITDA
€11,948▼
2020 · €15,416
Cash flow
€13,987▲
2020 · €13,073
Current ratio
1.31▼
2020 · 1.75
Quick ratio
0.78▼
2020 · 1.75
Debt to equity
2.65
ROE
22.1%▼
2020 · 57.2%
ROA
6.1%▼
2020 · 24.9%
Interest coverage
4.34
Debt ≤ 1 year
€133,947▲
2020 · €29,003
Income taxes
€4,939▲
2020 · €3,374
Staff costs
€74,073
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 · 2022 against 2020 · 44 lines
Balance sheet Code20202022
Assets
Total assets20/58€51,431€184,455▲
Fixed assets21/28€625€9,162▲
Tangible fixed assets22/27€625€9,162▲
Plant, machinery and equipment23-€125
Furniture and vehicles24-€9,037
Current assets29/58€50,806€175,293▲
Stocks and contracts in progress3-€71,028
Stocks30/36-€71,028
Amounts receivable within one year40/41€45,759€77,102▲
Trade receivables40-€53,068
Other amounts receivable41-€24,034
Cash at bank and in hand54/58€4,084€26,332▲
Deferred charges and accrued income490/1-€832
Equity and liabilities
Total equity and liabilities10/49€51,431€184,455▲
Equity10/15€22,428€50,509▲
Contributions10/11-€6,200
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€14,368€42,449▲
Amounts payable17/49€29,003€133,947▲
Amounts payable within one year42/48€29,003€133,947▲
Financial debts43-€70,000
Credit institutions430/8-€70,000
Trade debts44€24,982€53,002▲
Suppliers440/4-€53,002
Taxes, remuneration and social security45-€10,945
Taxes450/3-€4,939
Remuneration and social security454/9-€6,006
Income statement Code20202022
Remuneration, social security and pensions62-€74,073
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€250€2,804▲
Other operating charges640/8-€1,174
Gross operating margin9900€22,300€87,195▲
Operating profit (loss)9901€15,166€9,144▼
Financial income75/76B-€9,731
Recurring financial income75€1,591€9,731▲
Financial charges65/66B-€2,754
Recurring financial charges65€559€2,754▲
Profit (loss) for the period before taxes9903€16,197€16,122▼
Income taxes67/77€3,374€4,939▲
Profit (loss) for the period9904€12,823€11,183▼
Profit (loss) for the period to be appropriated9905€12,823€11,183▼
Appropriation of the result
Profit (loss) to be appropriated9906-€42,449
Profit (loss) brought forward from the previous period14P-€31,266

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202022Change
Remuneration, social security and pensions62--€74,073-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€375€250€2,804-
Other operating charges640/8--€1,174-
Gross operating margin9900€4,027€22,300€87,195-
Operating profit (loss)9901€2,641€15,166€9,144-
Financial income75/76B--€9,731-
Recurring financial income75€2,257€1,591€9,731-
Financial charges65/66B--€2,754-
Recurring financial charges65€3€559€2,754-
Profit (loss) for the period before taxes9903€4,894€16,197€16,122-
Income taxes67/77€1,489€3,374€4,939-
Profit (loss) for the period9904€3,405€12,823€11,183-
Profit (loss) for the period to be appropriated9905€3,405€12,823€11,183-
Line201920202022Change
Assets
Total assets20/58€49,478€51,431€184,455-
Fixed assets21/28€875€625€9,162-
Tangible fixed assets22/27€875€625€9,162-
Plant, machinery and equipment23--€125-
Furniture and vehicles24--€9,037-
Current assets29/58€48,603€50,806€175,293-
Stocks and contracts in progress3--€71,028-
Stocks30/36--€71,028-
Amounts receivable within one year40/41€35,570€45,759€77,102-
Trade receivables40--€53,068-
Other amounts receivable41--€24,034-
Cash at bank and in hand54/58€13,034€4,084€26,332-
Deferred charges and accrued income490/1--€832-
Equity and liabilities
Total equity and liabilities10/49€49,478€51,431€184,455-
Equity10/15€9,605€22,428€50,509-
Contributions10/11€6,200-€6,200-
Reserves13€1,860€1,860€1,860-
Non-distributable reserves130/1--€1,860-
Reserves not available under the articles1311--€1,860-
Profit (loss) carried forward14€1,545€14,368€42,449-
Amounts payable17/49€39,873€29,003€133,947-
Amounts payable within one year42/48€39,873€29,003€133,947-
Financial debts43--€70,000-
Credit institutions430/8--€70,000-
Trade debts44€38,298€24,982€53,002-
Suppliers440/4--€53,002-
Taxes, remuneration and social security45--€10,945-
Taxes450/3--€4,939-
Remuneration and social security454/9--€6,006-
Line201920202022Change
Profit (loss) for the period9904€3,405€12,823€11,183-
+ Depreciation and write-downs630€375€250€2,804-
Operating cash flow (approximation)€3,780€13,073€13,987-
Investment in fixed assets (approximation)-€0--
Change in cash--€8,949--

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
27-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-03-2024
2023
04-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Highest result since 2019net €12,823 ▲277%
Operating result €15,166, net result €12,823, both a record.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated 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, Beerse · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
324 m²
Building footprint
75 m²
Volume, LiDAR
520 m³
Parcel 13004C0160/00N002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
IVERCO
Stijn Streuvelsstraat 47, 2340 BeerseManufacture of metal structures and parts of structures
since 20182.276.525.266
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13004C0160/00N002 Flanders 324 m² 1 · 75 m² 9.1 m · 2 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 ALEXANDRE BASTENIER
LEON STYNENSTRAAT 63, 2000 ANTWERPEN 1
21-03-2024 → present

Recognitions · licences · registrations

Dual-learning approval

3 ended
Monteur centrale verwarming (so)
ended · 2019 to 2024
Monteur sanitaire en verwarmingsinstallaties duaal (so)
ended · 2019 to 2024
Sanitair installateur (so)
ended · 2019 to 2024

Similar companies · same sector, comparable size

Of 8,576 companies in sector 43410 we hold annual accounts for 4,367. 3,693 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)
Founded03-05-2018
Fiscal year end30-09
Activities, NACEBEL 2025
43410Roofing work
33110Repair and maintenance of fabricated metal products
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
81220Other building cleaning and industrial cleaning
82990Other business support services
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 27 September 2026 · Peppol Directory

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