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KC CONSTRUCT

Inactive
KBO/BCE: BE 0732.507.277

KC CONSTRUCT was declared bankrupt on 15-02-2022 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 29-04-2025, published in the Belgian State Gazette on 07-05-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-07-2021, 19 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
19 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

KC CONSTRUCT has filed 2 sets of annual accounts, the latest for fiscal year 2020.1 The company was declared bankrupt on 15 February 2022; the bankruptcy was closed on 29 April 2025.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 21-02-2022
  3. 3Belgian State Gazette, 07-05-2025

Financials · fiscal year 2020, micro schema

Equity
-€92,102
2019 · €5,301
Total assets
€121,722▲ 128%
2019 · €53,460
Net result
-€97,403▼ 13,815%
2019 · -€700
Working capital
-€87,236
2019 · €6,890
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result-€519--€95,317▼ 18,265%
Net result-€700--€97,403▼ 13,815%
Equity€5,301--€92,102
Total assets€53,460-€121,722▲ 128%
Debt€48,159-€213,825▲ 344%
Working capital€6,890--€87,236
Staff (FTE)1.6
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2019: -€519-€519Net result 2019: -€700-€700Operating result 2020: -€95,317-€95,317Net result 2020: -€97,403-€97,40320192020-€100,000-€75,000-€50,000-€25,000€0Operating result 2019: -€519-€519Net result 2019: -€700-€700Operating result 2020: -€95,317-€95,300Net result 2020: -€97,403-€97,40020192020
The operating result stays negative: a loss of €95,317 in 2020 against €519 in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €121,722
Fixed assets €34,440 ▲ 9.5%
Current assets €87,283 ▲ 297%
Key figures and ratios
2020 value · change against 2019
EBITDA
-€87,054▼
2019 · €234
Cash flow
-€89,140▼
2019 · €53
Solvency
-75.7%▼
2019 · 9.9%
Current ratio
0.50▼
2019 · 1.46
Quick ratio
0.39▼
2019 · 0.79
Debt to equity
-0.43▼
2019 · 9.08
ROA
-80.0%▼
2019 · -1.3%
Debt ≤ 1 year
€174,519▲
2019 · €15,105
Debt > 1 year
€39,306▲
2019 · €31,904
Income taxes
€527
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 · 2020 against 2019 · 42 lines
Balance sheet Code20192020
Assets
Total assets20/58€53,460€121,722▲
Fixed assets21/28€31,465€34,440▲
Tangible fixed assets22/27€31,015€34,440▲
Plant, machinery and equipment23€8,079-
Furniture and vehicles24€1,083-
Leasing and similar rights25€21,853-
Financial fixed assets28€450€0▼
Current assets29/58€21,995€87,283▲
Stocks and contracts in progress3€10,000€20,000▲
Stocks30/36€10,000-
Amounts receivable within one year40/41€10,595€67,283▲
Trade receivables40€1,467-
Other amounts receivable41€9,128-
Deferred charges and accrued income490/1€1,400-
Equity and liabilities
Total equity and liabilities10/49€53,460€121,722▲
Equity10/15€5,301-€92,102▼
Contributions10/11€6,000-
Profit (loss) carried forward14-€699-€98,102▼
Amounts payable17/49€48,159€213,825▲
Amounts payable after more than one year17€31,904€39,306▲
Financial debts170/4€31,904-
Amounts payable within one year42/48€15,105€174,519▲
Current portion of amounts payable after more than one year42€8,888-
Financial debts43€4,220-
Credit institutions430/8€4,220-
Trade debts44€1,047€138,739▲
Suppliers440/4€1,047-
Taxes, remuneration and social security45€950-
Taxes450/3€950-
Accrued charges and deferred income492/3€1,150-
Income statement Code20192020
Remuneration, social security and pensions62€584-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€753€8,263▲
Gross operating margin9900€818-€663▼
Operating profit (loss)9901-€519-€95,317▼
Recurring financial income75-€71
Financial charges65/66B€181-
Recurring financial charges65€181€1,630▲
Profit (loss) for the period before taxes9903-€700-€96,875▼
Income taxes67/77-€527
Profit (loss) for the period9904-€700-€97,403▼
Profit (loss) for the period to be appropriated9905--€97,403
Appropriation of the result
Profit (loss) to be appropriated9906-€699-
Line20192020Change
Remuneration, social security and pensions62€584--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€753€8,263▲ 997%
Gross operating margin9900€818-€663▼ 181%
Operating profit (loss)9901-€519-€95,317▼ 18,265%
Recurring financial income75-€71-
Financial charges65/66B€181--
Recurring financial charges65€181€1,630▲ 801%
Profit (loss) for the period before taxes9903-€700-€96,875▼ 13,739%
Income taxes67/77-€527-
Profit (loss) for the period9904-€700-€97,403▼ 13,815%
Profit (loss) for the period to be appropriated9905--€97,403-
Line20192020Change
Assets
Total assets20/58€53,460€121,722▲ 128%
Fixed assets21/28€31,465€34,440▲ 9.5%
Tangible fixed assets22/27€31,015€34,440▲ 11.0%
Plant, machinery and equipment23€8,079--
Furniture and vehicles24€1,083--
Leasing and similar rights25€21,853--
Financial fixed assets28€450€0▼ 100%
Current assets29/58€21,995€87,283▲ 297%
Stocks and contracts in progress3€10,000€20,000▲ 100%
Stocks30/36€10,000--
Amounts receivable within one year40/41€10,595€67,283▲ 535%
Trade receivables40€1,467--
Other amounts receivable41€9,128--
Deferred charges and accrued income490/1€1,400--
Equity and liabilities
Total equity and liabilities10/49€53,460€121,722▲ 128%
Equity10/15€5,301-€92,102▼ 1,837%
Contributions10/11€6,000--
Profit (loss) carried forward14-€699-€98,102▼ 13,935%
Amounts payable17/49€48,159€213,825▲ 344%
Amounts payable after more than one year17€31,904€39,306▲ 23.2%
Financial debts170/4€31,904--
Amounts payable within one year42/48€15,105€174,519▲ 1,055%
Current portion of amounts payable after more than one year42€8,888--
Financial debts43€4,220--
Credit institutions430/8€4,220--
Trade debts44€1,047€138,739▲ 13,151%
Suppliers440/4€1,047--
Taxes, remuneration and social security45€950--
Taxes450/3€950--
Accrued charges and deferred income492/3€1,150--
Line20192020Change
Profit (loss) for the period9904-€700-€97,403▼ 13,815%
+ Depreciation and write-downs630€753€8,263▲ 997%
Operating cash flow (approximation)€53-€89,140▼ 168,288%
Investment in fixed assets (approximation)--€11,238-

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

2025
07-05
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 29-04-2025
2022
21-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 15-02-2022
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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

Insolvency mandates

1 mandate
Role Name Tenure
Curator MARK BRUURS
ALPHENSEWEG 12, 2387 BAARLE- HERTOG
15-02-2022 → 29-04-2025