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KOBAU

Open bankruptcy
Public limited companyfounded 2011KBO/BCE: BE 0833.025.112

A bankruptcy procedure is open for KOBAU according to publications in the Belgian State Gazette; curator: DORIEN AVAUX.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €107,276 and a net result of €68,325.

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 Brussels
Declared bankrupt
26 September 2023
Supervising judge
Stijn Mollemans
Official Gazette
02-10-2023 (pdf) ↗search the document for 2023/136149

Deadlines

Provisional date payments stopped
26 September 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 17 October 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 October 2023art. XX.104 and XX.155 CEL
First verification report
passed on 1 November 2023Goods 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 26 September 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Dorien AvauxV. Nonnemansstraat 15B, 1600 Sint-Pieters-Leeuwda@novius.be

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

Four 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 · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 29-04-2022, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
1 d early
2020
1 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

KOBAU was incorporated on 19 January 2011.1 Total assets went from EUR 6.5 million in 2018 to EUR 6.4 million in 2021.2 On 26 September 2023 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 02-10-2023

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
€107,276▲ 175%
2020 · €38,951
Total assets
€6.4m▲ 1.3%
2020 · €6.3m
Net result
€68,325▲ 583%
2020 · €10,001
Working capital
€99,774▲ 474%
2020 · €17,385
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
Line2018201920202021
Operating result-€1.0m--€259,815▲ 74.5%-€54,760▲ 78.9%-€27,026▲ 50.6%
Net result-€1.1m--€200,242▲ 81.5%€10,001€68,325▲ 583%
Equity€229,192-€28,950▼ 87.4%€38,951▲ 34.5%€107,276▲ 175%
Total assets€6.5m-€6.7m▲ 2.1%€6.3m▼ 5.9%€6.4m▲ 1.3%
Debt€6.3m-€6.7m▲ 5.3%€6.3m▼ 6.0%€6.3m▲ 0.2%
Working capital€132,370--€30,245€17,385€99,774▲ 474%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2018: -€1.0m-€1.0mNet result 2018: -€1.1m-€1.1mOperating result 2019: -€259,815-€259,815Net result 2019: -€200,242-€200,242Operating result 2020: -€54,760-€54,760Net result 2020: €10,001€10,001Operating result 2021: -€27,026-€27,026Net result 2021: €68,325€68,3252018201920202021-€300,000-€200,000-€100,000€0€100,000Operating result 2019: -€259,815-€260,000Net result 2019: -€200,242-€200,000Operating result 2020: -€54,760-€54,800Net result 2020: €10,001€10,000Operating result 2021: -€27,026-€27,000Net result 2021: €68,325€68,300201920202021
The operating result stays negative: a loss of €27,026 in 2021 against €54,760 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €6.4m
Fixed assets €7,502 ▼ 65.2%
Current assets €6.4m ▲ 1.5%
Equity and liabilities €6.4m
Equity €107,276 ▲ 175%
Debt €6.3m ▲ 0.2%
Debt's share of the balance-sheet total falls from 99.4% to 98.3%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
-€12,961▲
2020 · -€17,132
Cash flow
€82,390▲
2020 · €47,629
Current ratio
1.02▲
2020 · 1.00
Quick ratio
0.99▲
2020 · 0.98
Debt to equity
58.44
ROE
63.7%▲
2020 · 25.7%
ROA
1.1%▲
2020 · 0.2%
Interest coverage
-133.25
Debt ≤ 1 year
€6.3m▲
2020 · €6.3m
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 · 2021 against 2020 · 37 lines
Balance sheet Code20202021
Assets
Total assets20/58€6.3m€6.4m▲
Fixed assets21/28€21,567€7,502▼
Tangible fixed assets22/27€21,567€7,502▼
Furniture and vehicles24-€602
Other tangible fixed assets26-€6,900
Current assets29/58€6.3m€6.4m▲
Stocks and contracts in progress3€150,915€150,915=
Stocks30/36-€150,915
Amounts receivable within one year40/41€6.1m€6.2m▲
Trade receivables40-€5.1m
Other amounts receivable41-€1.1m
Cash at bank and in hand54/58€86€49▼
Equity and liabilities
Total equity and liabilities10/49€6.3m€6.4m▲
Equity10/15€38,951€107,276▲
Contributions10/11€2.7m€2.7m=
Capital10-€2.7m
Issued capital100-€2.7m
Profit (loss) carried forward14-€2.6m-€2.5m▲
Amounts payable17/49€6.3m€6.3m▲
Amounts payable within one year42/48€6.3m€6.3m▲
Trade debts44€1.2m€1.2m▲
Suppliers440/4-€1.2m
Advances received on contracts in progress46-€13,339
Other amounts payable47/48-€5.0m
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,628€14,065▼
Other operating charges640/8-€326
Gross operating margin9900-€13,678-€12,635▲
Operating profit (loss)9901-€54,760-€27,026▲
Financial income75/76B-€95,448
Recurring financial income75€75,570€95,448▲
Financial charges65/66B-€97
Recurring financial charges65€10,809€97▼
Profit (loss) for the period before taxes9903€10,001€68,325▲
Profit (loss) for the period9904€10,001€68,325▲
Profit (loss) for the period to be appropriated9905€10,001€68,325▲
Appropriation of the result
Profit (loss) to be appropriated9906--€2.5m
Profit (loss) brought forward from the previous period14P--€2.6m

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

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,453€37,628€37,628€14,065▼ 62.6%
Other operating charges640/8---€326-
Gross operating margin9900-€779,872-€220,048-€13,678-€12,635▲ 7.6%
Operating profit (loss)9901-€1.0m-€259,815-€54,760-€27,026▲ 50.6%
Financial income75/76B---€95,448-
Recurring financial income75€59,083€70,377€75,570€95,448▲ 26.3%
Financial charges65/66B---€97-
Recurring financial charges65€122,702€10,804€10,809€97▼ 99.1%
Profit (loss) for the period before taxes9903-€1.1m-€200,242€10,001€68,325▲ 583%
Income taxes67/77€93----
Profit (loss) for the period9904-€1.1m-€200,242€10,001€68,325▲ 583%
Profit (loss) for the period to be appropriated9905-€1.1m-€200,242€10,001€68,325▲ 583%
Line2018201920202021Change
Assets
Total assets20/58€6.5m€6.7m€6.3m€6.4m▲ 1.3%
Fixed assets21/28€96,823€59,195€21,567€7,502▼ 65.2%
Tangible fixed assets22/27€96,823€59,195€21,567€7,502▼ 65.2%
Furniture and vehicles24---€602-
Other tangible fixed assets26---€6,900-
Current assets29/58€6.5m€6.6m€6.3m€6.4m▲ 1.5%
Stocks and contracts in progress3€315,401€156,620€150,915€150,915=
Stocks30/36---€150,915-
Amounts receivable within one year40/41€6.1m€6.5m€6.1m€6.2m▲ 1.6%
Trade receivables40---€5.1m-
Other amounts receivable41---€1.1m-
Cash at bank and in hand54/58€6,119€327€86€49▼ 43.5%
Equity and liabilities
Total equity and liabilities10/49€6.5m€6.7m€6.3m€6.4m▲ 1.3%
Equity10/15€229,192€28,950€38,951€107,276▲ 175%
Contributions10/11€2.7m€2.7m€2.7m€2.7m=
Capital10---€2.7m-
Issued capital100---€2.7m-
Profit (loss) carried forward14-€2.4m-€2.6m-€2.6m-€2.5m▲ 2.6%
Amounts payable17/49€6.3m€6.7m€6.3m€6.3m▲ 0.2%
Amounts payable within one year42/48€6.3m€6.7m€6.3m€6.3m▲ 0.2%
Trade debts44€1.3m€1.2m€1.2m€1.2m▲ 0.5%
Suppliers440/4---€1.2m-
Advances received on contracts in progress46---€13,339-
Other amounts payable47/48---€5.0m-
Line2018201920202021Change
Profit (loss) for the period9904-€1.1m-€200,242€10,001€68,325▲ 583%
+ Depreciation and write-downs630€42,453€37,628€37,628€14,065▼ 62.6%
Operating cash flow (approximation)-€1.0m-€162,614€47,629€82,390▲ 73.0%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€5,792-€241-€37▲ 84.5%

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
29-05
KBO administration Address struck
event 18-04-2024
2023
02-10
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 26-09-2023
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Highest result since 2018net €68,325 ▲583%
Operating result -€27,026, net result €68,325, both a record.
30-09
Financial Equity above €100,000Eq €107,276 ▲175%
2 profitable years in a row build equity to €107,276.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Back to profitnet €10,001
Net result €10,001 after 2 loss-making years.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2015
31-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-05
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 15 days late
2013
30-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Brussel · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1,457 m²
Building footprint
721 m²
Volume, LiDAR
9,903 m³
2 parcels, Brussels, Flanders · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
16 companies at this address See who is registered here
1 establishment unit
Kobau
Koningin Astridlaan 1, 2550 KontichConstruction of residential and non-residential buildings
since 20112.195.918.563
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
11602E0038/00H002 Flanders 1,185 m² 1 · 459 m² 11.2 m · 3 fl.
21802B0889/00P000 Brussels 272 m² 1 · 261 m² 26.6 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 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 DORIEN AVAUX
V. NONNEMANSSTRAAT 15B, 1600 SINT-PIETERS-LEEUW
26-09-2023 → present

Identification & contact

Identification
Legal formPublic limited company
Founded19-01-2011
Fiscal year end30-09
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 29 September 2026 · Peppol Directory

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