Equity
Equity fell below zero in 2023.
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If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
Embed the KOLEGA CONSTRUCT company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Equity fell below zero in 2023.
The result fell in 2023 from -€25 to -€133,207.
Between 2019 and 2023, 83% of the full-time equivalents disappeared.
Short-term debts rose from €148,582 to €212,054.
Ten of the last ten came late. The 2023 accounts came latest: 71 days after the end of the period.
Equity fell from €190,398 in 2018 to -€34,830 in 2023, while debts rose from €92,846 to €212,054.
On 17 November 2025 the court declared KOLEGA CONSTRUCT bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
177,225 | 246,959 | 177,837 | 202,405 | 217,164 | 283,244 | 216,014 | 230,048 | 352,699 | 239,092 | 41,829 | |
21/28 |
1,701 | 20,874 | 15,673 | 25,037 | 31,073 | 13,583 | 32,728 | 41,723 | 62,086 | 67,453 | - | |
21 |
0 | - | - | - | - | - | 200 | 400 | 600 | 800 | - | |
22/27 |
1,701 | 20,874 | 15,673 | 25,037 | 31,073 | 13,583 | 32,528 | 41,323 | 61,486 | 66,653 | - | |
23 |
1,175 | 2,339 | 3,274 | 3,828 | 1,252 | 3,839 | 5,588 | 7,778 | 10,608 | 2,854 | - | |
24 |
526 | 12,665 | 661 | 3,601 | 6,344 | 9,744 | 26,940 | 33,546 | 50,877 | 63,799 | - | |
25 |
- | 5,869 | 11,738 | - | - | - | - | - | - | - | - | |
29/58 |
175,524 | 226,086 | 162,164 | 177,368 | 186,091 | 269,661 | 183,287 | 188,324 | 290,613 | 171,639 | 41,829 | |
40/41 |
175,524 | 220,919 | 131,588 | 177,361 | 186,063 | 269,453 | 132,296 | 143,410 | 13,842 | 19,429 | 41,829 | |
40 |
153,042 | 198,334 | 103,741 | 150,684 | 174,837 | 255,362 | 119,540 | 123,499 | 4,018 | 63 | 41,215 | |
41 |
22,481 | 22,585 | 27,847 | 26,678 | 11,226 | 14,091 | 12,757 | 19,911 | 9,824 | 19,366 | 614 | |
54/58 |
0 | 5,167 | 30,576 | 7 | 28 | 208 | 50,990 | 44,915 | 276,771 | 152,211 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
177,225 | 246,959 | 177,837 | 202,405 | 217,164 | 283,244 | 216,014 | 230,048 | 352,699 | 239,092 | 41,829 | |
10/15 |
-34,830 | 98,378 | 98,403 | 43,233 | 61,974 | 190,398 | 188,205 | 178,881 | 187,545 | 113,049 | 17,777 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
63,860 | 63,860 | 63,860 | 63,860 | 63,860 | 63,860 | 63,860 | 63,860 | 63,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
132 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | |
14 |
-117,290 | 15,918 | 15,943 | -39,227 | -20,486 | 107,938 | 105,745 | 96,421 | 105,085 | 92,589 | -823 | |
17/49 |
212,054 | 148,582 | 79,434 | 159,172 | 155,190 | 92,846 | 27,809 | 51,167 | 165,154 | 126,043 | 24,052 | |
17 |
- | - | 6,837 | 11,851 | 16,764 | 498 | 6,398 | 13,528 | 27,389 | 16,821 | - | |
170/4 |
- | - | 6,837 | 11,851 | 16,764 | 498 | 6,398 | 13,528 | 27,389 | 16,821 | - | |
42/48 |
212,054 | 148,582 | 72,598 | 141,561 | 138,426 | 92,348 | 21,412 | 37,639 | 137,765 | 109,222 | 24,052 | |
42 |
5,520 | 6,503 | 5,015 | 4,913 | 11,799 | 5,899 | 7,131 | 13,861 | 13,725 | 8,811 | - | |
43 |
50,018 | 22,031 | - | 47,679 | 50,021 | 8,963 | - | - | - | - | 1,088 | |
430/8 |
50,018 | 22,031 | - | 47,679 | 50,021 | 8,963 | - | - | - | - | 1,088 | |
44 |
132,538 | 96,233 | 54,422 | 75,299 | 51,162 | 55,754 | 4,044 | 13,193 | 32,566 | 51,741 | 20,663 | |
440/4 |
132,538 | 96,233 | 54,422 | 75,299 | 51,162 | 55,754 | 4,044 | 13,193 | 32,566 | 51,741 | 20,663 | |
45 |
7,269 | 1,882 | 8,590 | 8,282 | 22,324 | 21,606 | 10,237 | 10,585 | 70,712 | 48,086 | 456 | |
450/3 |
4,741 | 1,029 | - | - | 2,600 | - | - | - | 65,000 | 43,000 | - | |
454/9 |
2,528 | 852 | 8,590 | 8,282 | 19,724 | 21,606 | 10,237 | 10,585 | 5,712 | 5,086 | 456 | |
47/48 |
16,709 | 21,933 | 4,571 | 5,388 | 3,121 | 126 | - | - | 20,762 | 584 | 1,845 | |
492/3 |
- | - | - | 5,760 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
76A |
- | - | 21,310 | - | - | - | - | - | - | - | - | |
9900 |
-85,520 | 224,816 | 187,193 | 72,998 | 94,485 | 220,046 | 226,806 | 118,636 | 242,483 | 231,332 | 23,374 | |
62 |
22,890 | 207,847 | 116,079 | 71,403 | 202,913 | 165,185 | 188,453 | 103,509 | 90,894 | 66,527 | 23,480 | |
630 |
6,688 | 8,112 | 9,904 | 9,320 | 11,856 | 22,726 | 23,384 | 20,362 | 20,362 | 16,863 | - | |
640/8 |
4,625 | 5,141 | 6,028 | 6,459 | 5,810 | 13,809 | 2,257 | 2,188 | 4,690 | 465 | 655 | |
66A |
- | - | - | - | - | 5,200 | - | - | - | - | - | |
9901 |
-119,723 | 3,716 | 55,183 | -14,184 | -126,094 | 18,326 | 12,713 | -7,424 | 126,537 | 147,477 | -761 | |
75/76B |
17 | 1,030 | 5,068 | 547 | 1,877 | 7,340 | 1,299 | 1,863 | 155 | 15 | 2 | |
75 |
17 | 1,030 | 5,068 | 547 | 1,877 | 7,340 | 1,299 | 1,863 | 155 | 15 | 2 | |
65/66B |
13,480 | 3,625 | 4,104 | 7,082 | 3,596 | 7,243 | 3,743 | 7,243 | 5,680 | 217 | 64 | |
65 |
13,480 | 3,625 | 4,104 | 7,082 | 3,596 | 2,043 | 3,743 | 7,243 | 5,680 | 217 | 64 | |
66B |
- | - | - | - | - | 5,200 | - | - | - | - | - | |
9903 |
-133,186 | 1,121 | 56,147 | -20,719 | -127,812 | 18,423 | 10,269 | -12,804 | 121,012 | 147,275 | -823 | |
67/77 |
21 | 1,146 | 977 | -1,978 | 613 | 16,229 | 944 | -4,140 | 46,516 | 52,003 | - | |
9904 |
-133,207 | -25 | 55,170 | -18,741 | -128,425 | 2,194 | 9,324 | -8,664 | 74,496 | 95,272 | -823 | |
689 |
- | - | - | - | - | - | - | - | 62,000 | - | - | |
9905 |
-133,207 | -25 | 55,170 | -18,741 | -128,425 | 2,194 | 9,324 | -8,664 | 12,496 | 95,272 | -823 | |
| Appropriation of the result | ||||||||||||
9906 |
-117,290 | 15,918 | 15,943 | -39,227 | -20,486 | 107,938 | 105,745 | 96,421 | 105,085 | 94,449 | -823 | |
14P |
15,918 | 15,943 | -39,227 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | - | 1,860 | - | |
| Social balance sheet | ||||||||||||
9087 |
1 | 1.8 | 4 | 3.6 | 5.8 | 5.6 | 4.8 | 3.6 | 3.2 | 2.7 | 1.8 | |
Hours worked1013 |
280 | 5,000 | 3,464 | 1,808 | 6,544 | 5,352 | 6,632 | 3,352 | 2,848 | 2,136 | 680 | |
| Document | ||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 10-10-2024.
2023 annual accounts filed 71 days after the deadline. Filed on 10 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00508267.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 10-10-2024 | 2024-00508267 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00356443 | |
| 31-12-2021 | micro format | 06-10-2022 | 2022-20453761 | |
| 31-12-2020 | full format | 25-08-2021 | 2021-61500513 | |
| 31-12-2019 | full format | 25-08-2020 | 2020-44700126 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-50100376 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49500036 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-48400210 | |
| 31-12-2015 | full format | 26-08-2016 | 2016-49900539 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-55800570 | |
| 31-12-2013 | full format | 25-08-2014 | 2014-46500117 |
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -113,035 | 11,828 | 65,086 | -4,864 | -114,237 | 41,052 | 36,097 | 12,938 | 146,899 | 164,340 | - | ||
| -126,520 | 8,086 | 65,074 | -9,421 | -116,568 | 24,920 | 32,708 | 11,698 | 94,858 | 112,135 | - | ||
| -12,485 | 13,312 | 540 | 3,285 | 29,346 | 3,582 | 14,388 | 0 | 14,995 | 84,316 | - | ||
| -5,167 | -25,409 | 30,569 | -21 | -180 | -50,782 | 6,075 | -231,856 | 124,560 | - | - | ||
| -36,531 | 77,504 | 89,566 | 35,807 | 47,665 | 177,313 | 161,875 | 150,685 | 152,848 | 62,417 | 17,777 | ||
| -19.7% | 39.8% | 55.3% | 21.4% | 28.5% | 67.2% | 87.1% | 77.8% | 53.2% | 47.3% | 42.5% | ||
| 0.83 | 1.52 | 2.23 | 1.25 | 1.34 | 2.92 | 8.56 | 5.00 | 2.11 | 1.57 | 1.74 | ||
| - | 1.51 | 0.81 | 3.68 | 2.50 | 0.49 | 0.15 | 0.29 | 0.88 | 1.11 | 1.35 | ||
| - | 0.0% | 56.1% | -43.3% | -207.2% | 1.2% | 5.0% | -4.8% | 39.7% | 84.3% | -4.6% | ||
| -75.2% | 0.0% | 31.0% | -9.3% | -59.1% | 0.8% | 4.3% | -3.8% | 21.1% | 39.8% | -2.0% | ||
| -8.39 | 3.26 | 15.86 | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 4 |
| full-time | 1 | 1 | 4 |
| part-time | - | 1 | - |
| in full-time equivalents | 1 | 1.8 | 4 |
| 1 | 1.8 | 4 | |
| On a permanent contract | 1 | 2 | 4 |
| Joined | - | 1 | 1 |
| Left | - | 4 | 0 |
Source: social balance sheet in the 2021 to 2023 annual accounts
| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | - | €13,312 | €540 |
| €6,688 | €8,112 | €9,904 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is a loss of €119,723, after a profit of €3,716 in 2022. It is the lowest result since 2019.
Equity is negative. Debt (€212,054) exceeds the balance-sheet total (€177,225).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56043C0169/00H002 | 498 m² | 1 · 60 m² | 8.8 m · 2 |
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