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Active
BE 0770.246.118Private limited companyOpen bankruptcy
JOIN CONSTRUCT
Assesteenweg 239 ·1740 Ternat, Belgium· 4 yrs active
Sector: Construction of buildings
(41001)
Conclusion
A bankruptcy procedure is open for JOIN CONSTRUCT according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-18k) and a net result of €-27k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €-18k |
| Net result | €-27k |
| Better than sector | 9% |
| Active | 4 yrs |
Snowflake analysis
39
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
100
Solvency
44
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 27-07-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 41 — Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.1% | 33.8% | |
| Net result | €-27k | €12k | |
| Equity | €-18k | €18k | |
| Gross operating margin | €-16k | €23k | |
| Total assets | €141k | €63k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €-17k |
| Net profit | €-27k |
| Cash flow | €-19k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €141k |
| Equity | €-18k |
| Debt | €159k |
| of which ≤ 1y | €92k |
| of which > 1y | €67k |
| Working capital | €-1k |
| Employees (FTE) | — |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.66 |
| Working capital ratio | -0.7% |
| Solvency | -13.1% |
| Debt / equity | -8.64 |
| Long-term debt ratio | -3.64 |
| Interest coverage | -8.14 |
| Gross margin | — |
| Net margin | — |
| ROA | -19.2% |
| ROE | 146.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €141k |
| Fixed assets | 21/28 | €50k |
| Tangible fixed assets | 22/27 | €50k |
| Current assets | 29/58 | €91k |
| Stocks & contracts in progress | 3 | €31k |
| Amounts receivable within one year | 40/41 | €60k |
| Cash & bank | 54/58 | €0 |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €141k |
| Equity | 10/15 | €-18k |
| Contributions / capital | 10/11 | €8k |
| Reserves | 13 | €544 |
| Accumulated profits (losses) | 14 | €-27k |
| Amounts payable | 17/49 | €159k |
| Amounts payable after one year | 17 | €67k |
| Amounts payable within one year | 42/48 | €92k |
| Trade debts payable within one year | 44 | €57k |
| Income statement | ||
| Gross operating margin | 9900 | €-16k |
| Operating result | 9901 | €-25k |
| Financial income | 75 | €203 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-27k |
| Net result for the period | 9904 | €-27k |
| Result to be appropriated | 9905 | €-27k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | STEFFI VANHULLE PRIESTER DE L’EPEESTRAAT 4,
1200 BRUSSEL 20 |
02-01-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 23-06-2021 |
| Status | Active |
| Postal code | 1740 |
| First BS signal | 08-01-2024 |
| Latest BS signal | 08-01-2024 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
JOIN CONSTRUCT
since 20212.319.754.901
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030B0119/00K000 | Flanders | 688 m² | 1 · 110 m² | 8.8 m · 2 fl. |
| 23086A0281/00P000 | Flanders | 324 m² | 1 · 118 m² | 9.1 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
08-01-2024
Bankruptcy
Opening
2023
27-07-2023
NBB filing
Annual accounts filed
2022
16-02-2022
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
08-01-2024
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van isolatie43230Isolatiewerkzaamheden43291Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
| Legal nameNL | JOIN CONSTRUCT |
Registered office
Assesteenweg 239 bus 101
1740 Ternat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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