K&A CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for K&A CONSTRUCT according to publications in the Belgian State Gazette; curator: VIRGINIE SALTEUR.
Summary
The 2022 annual accounts show equity of €92k and a net result of €110k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€110k▲ 1,346%
2021 · €8k
2019: €12k
2020: €11k
2021: €8k
2019 → 2022
Working capital
€85k▲ 417%
2021 · €16k
2019: €44k
2020: €2k
2021: €16k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€25k-€16k▼ 36.2%€23k▲ 47.8%€92k▲ 291%
Operating result€34k-€-6k€11k€128k▲ 1,042%
Net result€12k-€11k▼ 8.2%€8k▼ 31.1%€110k▲ 1,346%
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 1,042% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €227k
Fixed assets
€7k ▼ 3.5%
Current assets
€220k ▲ 97.8%
Equity and liabilities €227k
Equity
€92k ▲ 291%
Debt
€135k ▲ 42.5%
Debt's share of the balance-sheet total falls from 80.2% to 59.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▲
2021 · €18k
Cash flow
€110k▲
2021 · €14k
Current ratio
1.63▲
2021 · 1.17
Debt to equity
1.48▼
2021 · 4.04
ROE
119.7%▲
2021 · 32.3%
ROA
48.4%▲
2021 · 6.4%
Interest coverage
777.08▲
2021 · 11.21
Debt ≤ 1 year
€135k▲
2021 · €95k
Income taxes
€19k▲
2021 · €2k
Staff costs
€31k▲
2021 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 53 lines
Balance sheet
Code20212022
Assets
Total assets20/58€118k€227k▲
Formation expenses20€185€46▼
Fixed assets21/28€7k€7k▼
Tangible fixed assets22/27€714€476▼
Land and buildings22-€476
Plant, machinery and equipment23€714-
Financial fixed assets28€6k€6k=
Current assets29/58€111k€220k▲
Amounts receivable within one year40/41€101k€220k▲
Trade receivables40€85k€205k▲
Other amounts receivable41€16k€15k▼
Cash at bank and in hand54/58€10k-
Equity and liabilities
Total equity and liabilities10/49€118k€227k▲
Equity10/15€23k€92k▲
Contributions10/11€13k€13k=
Capital10€13k-
Issued capital100€19k-
Uncalled capital101€6k-
Outside capital11-€13k
Other1109/19-€13k
Reserves13€599€599=
Non-distributable reserves130/1€599€599=
Legal reserve130€599-
Reserves not available under the articles1311-€599
Profit (loss) carried forward14€10k€78k▲
Amounts payable17/49€95k€135k▲
Amounts payable within one year42/48€95k€135k▲
Financial debts43-€9
Credit institutions430/8-€9
Trade debts44€28k€3k▼
Suppliers440/4€28k€3k▼
Advances received on contracts in progress46€43k€47k▲
Taxes, remuneration and social security45€24k€44k▲
Taxes450/3€5k€27k▲
Remuneration and social security454/9€19k€17k▼
Other amounts payable47/48€0€42k▲
Income statement
Code20212022
Remuneration, social security and pensions62€17k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€376▼
Other operating charges640/8€750€648▼
Gross operating margin9900€36k€160k▲
Operating profit (loss)9901€11k€128k▲
Financial income75/76B€115€639▲
Recurring financial income75€115€639▲
Financial charges65/66B€2k€165▼
Recurring financial charges65€2k€165▼
Profit (loss) for the period before taxes9903€10k€128k▲
Income taxes67/77€2k€19k▲
Profit (loss) for the period9904€8k€110k▲
Profit (loss) for the period to be appropriated9905€8k€110k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€120k▲
Profit (loss) brought forward from the previous period14P€2k€10k▲
Profit to be distributed694/7-€42k
Directors or managers695-€42k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL K&A CONSTRUCT RUE NESTOR DE TIERE 47, 1030 Schaerbeek · event 02-06-2025
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 287 days late
2022
31-12
Financial
Highest result since 2019net €110k ▲1346%
Operating result €128k, net result €110k, both a record.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
2021
31-12
Financial
Weakest financial yearnet €8k ▼31.1%
Net result drops to €8k, the lowest in the series.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 145 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schaarbeek
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.
Nestor De Tièrestraat 471030 SchaarbeekGround area
160 m²
Building footprint
94 m²
Volume, LiDAR
1,231 m³
Parcel 21902A0440/00H004, Brussels · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0440/00H004 | Brussels | 160 m² | 1 · 94 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | VIRGINIE SALTEUR AENUE DU CENTENAIRE 120,
1400 NIVELLES |
02-06-2025 → present |
Similar companies · same sector, comparable size
MAT-IMMO
BE 0628.746.674
Charleroi · Eq €91,554
BERGHMAN
BE 0842.647.809
Moorslede · Eq €91,576
COLLARD PISCINES
BE 0766.259.121
Bertrix · Eq €91,541
FORLAN 3
BE 0466.409.949
Lasne · Eq €91,531
LDX construct
BE 0717.599.367
Zoutleeuw · Eq €91,599
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,247 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 (pre-2019)
Founded26-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.