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KRONA CONSTRUCT

Open bankruptcy
Private limited companyfounded 2020KBO/BCE: BE 0744.619.708

A bankruptcy procedure is open for KRONA CONSTRUCT according to publications in the Belgian Official Gazette; trustee: Catharina Orlent.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €78,985 and a net result of €39,121.

KRONA CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
14 December 2023
Supervising judge
Joris Schoofs
Official Gazette
20-12-2023 (pdf) ↗search the document for 2023/148667

Deadlines

Provisional date payments stopped
14 December 2023A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 4 January 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 13 January 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 February 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 14 December 2024A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Catharina OrlentPr. Jos. Charlottelaan 71, 9100 Sint-Niklaascatharina.orlent@mc2-advocaten.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€209,814total assets 2022
Equity
€78,985
Profit
€39,121
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
1 of 3 deeds summarised
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
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
  1. Address struckKBO administration
  2. OpeningEnterprise Court of Antwerp, Antwerp…
  3. Annual accounts filedfinancial year 2022 · micro…

Financials · financial year 2022, micro format

2022 annual accounts filed late (130 days) Filed on 8 December 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00524528.

Equity
€78,985▲ 98.1%
2021 · €39,864
Total assets
€209,814▲ 47.5%
2021 · €142,292
Net result
€39,121▲ 164%
2021 · €14,825
Working capital
€78,985▲ 98.1%
2021 · €39,864
Trend over the years

2020 to 2022, 3 financial years

The operating result recovers in 2022; 2022 is 167% above 2021 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€41,015 2022 Net result€39,121 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022
Operating result€19,378-€15,389▼ 20.6%€41,015▲ 167%
Net result€19,040within the sector's middle half-€14,825within the sector's middle half▼ 22.1%€39,121above the sector's middle half▲ 164%
Equity€25,040within the sector's middle half-€39,864within the sector's middle half▲ 59.2%€78,985within the sector's middle half▲ 98.1%
Total assets€102,210within the sector's middle half-€142,292within the sector's middle half▲ 39.2%€209,814within the sector's middle half▲ 47.5%
Debt€77,170-€102,428▲ 32.7%€130,829▲ 27.7%
Working capital€25,040within the sector's middle half-€39,864within the sector's middle half▲ 59.2%€78,985within the sector's middle half▲ 98.1%
Solvency24.5%within the sector's middle half-28.0%within the sector's middle half▲ 3.5pp37.6%within the sector's middle half▲ 9.6pp
Current ratio1.32within the sector's middle half-1.39within the sector's middle half▲ 0.061.60within the sector's middle half▲ 0.21
Return on assets (ROA)18.6%above the sector's middle half-10.4%within the sector's middle half▼ 8.2pp18.6%within the sector's middle half▲ 8.2pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €209,814
Equity €78,985 ▲ 98.1%
Debt €130,829 ▲ 27.7%
Debt's share of the balance-sheet total falls from 72.0% to 62.4%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
Debt to equity
1.66▼
2021 · 2.57
ROE
49.5%▲
2021 · 37.2%
Debt ≤ 1 year
€130,829▲
2021 · €102,428
Income taxes
€1,300
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 · 2022 against 2021 · 29 lines
Balance sheet Code20212022
Assets
Total assets20/58€142,292€209,814▲
Current assets29/58€142,292€209,814▲
Amounts receivable within one year40/41€141,918€209,814▲
Trade receivables40€127,652€144,361▲
Other amounts receivable41€14,266€65,453▲
Cash at bank and in hand54/58€373-
Equity and liabilities
Total equity and liabilities10/49€142,292€209,814▲
Equity10/15€39,864€78,985▲
Contributions10/11€6,000€6,000=
Capital10€6,000€6,000=
Issued capital100€6,000€6,000=
Profit (loss) carried forward14€33,864€72,985▲
Amounts payable17/49€102,428€130,829▲
Amounts payable within one year42/48€102,428€130,829▲
Trade debts44€42,788€56,964▲
Suppliers440/4€42,788€56,964▲
Advances received on contracts in progress46€49,453€49,453=
Other amounts payable47/48€10,186€24,412▲
Income statement Code20212022
Other operating charges640/8€640€1,917▲
Gross operating margin9900€16,029€42,932▲
Operating profit (loss)9901€15,389€41,015▲
Financial charges65/66B€564€594▲
Recurring financial charges65€564€594▲
Profit (loss) for the period before taxes9903€14,825€40,421▲
Income taxes67/77-€1,300
Profit (loss) for the period9904€14,825€39,121▲
Profit (loss) for the period to be appropriated9905€14,825€39,121▲
Appropriation of the result
Profit (loss) to be appropriated9906€33,864€72,985▲
Profit (loss) brought forward from the previous period14P€19,040€33,864▲
Line202020212022Change
Other operating charges640/8-€640€1,917▲ 199%
Gross operating margin9900€19,628€16,029€42,932▲ 168%
Operating profit (loss)9901€19,378€15,389€41,015▲ 167%
Recurring financial income75€0---
Financial charges65/66B-€564€594▲ 5.2%
Recurring financial charges65€339€564€594▲ 5.2%
Profit (loss) for the period before taxes9903€19,040€14,825€40,421▲ 173%
Income taxes67/77--€1,300-
Profit (loss) for the period9904€19,040€14,825€39,121▲ 164%
Profit (loss) for the period to be appropriated9905€19,040€14,825€39,121▲ 164%
Line202020212022Change
Assets
Total assets20/58€102,210€142,292€209,814▲ 47.5%
Current assets29/58€102,210€142,292€209,814▲ 47.5%
Amounts receivable within one year40/41€102,010€141,918€209,814▲ 47.8%
Trade receivables40-€127,652€144,361▲ 13.1%
Other amounts receivable41-€14,266€65,453▲ 359%
Cash at bank and in hand54/58€200€373--
Equity and liabilities
Total equity and liabilities10/49€102,210€142,292€209,814▲ 47.5%
Equity10/15€25,040€39,864€78,985▲ 98.1%
Contributions10/11€6,000€6,000€6,000=
Capital10-€6,000€6,000=
Issued capital100-€6,000€6,000=
Profit (loss) carried forward14€19,040€33,864€72,985▲ 116%
Amounts payable17/49€77,170€102,428€130,829▲ 27.7%
Amounts payable within one year42/48€77,170€102,428€130,829▲ 27.7%
Trade debts44€17,110€42,788€56,964▲ 33.1%
Suppliers440/4-€42,788€56,964▲ 33.1%
Advances received on contracts in progress46-€49,453€49,453=
Other amounts payable47/48-€10,186€24,412▲ 140%
Line202020212022Change
Profit (loss) for the period9904€19,040€14,825€39,121▲ 164%
Operating cash flow (approximation)€19,040€14,825€39,121▲ 164%
Change in cash-€174--

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

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2022 micro format 08-12-2023 2023-00524528
31-12-2021 micro format 31-08-2022 2022-20401160
31-12-2020 micro format 31-08-2021 2021-65700283

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,274. 13,391 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Catharina Orlent
Pr. Jos. Charlottelaan 71, 9100 Sint-Niklaas
14-12-2023 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 March 2020, KRONA CONSTRUCT was incorporated as a private limited company.1 In 2023 the registered office moved to DEURNE Santvoortbeeklaan.2 Total assets went from €102,210 in 2020 to €209,814 in 2022.3 The company was declared bankrupt on 14 December 2023.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-07-2023
  3. 3National Bank, annual accounts 2020 and 2022
  4. 4Belgian Official Gazette, 20-12-2023

Acts, filings and financial milestones

2025
22-08
KBO administration Address struck
2023
20-12
Bankruptcy Opening
Enterprise Court of Antwerp, Antwerp division · judgment of 14-12-2023
08-12
NBB filing Annual accounts filed
financial year 2022 · micro format · 130 days late
28-07
Gazette deed Registered office
Registered-office move3 facts ▸
  • General meeting, 12-01-2023
  • Registered-office move, 2100 DEURNE Santvoortbeeklaan 25
  • Other provision, “named individual after seat-transfer resolution, after new seat address” (deed in Dutch)
2022
31-12
Financial Highest result from 2020 to 2022net €39,121 ▲164%
Operating result €41,015, net result €39,121, both a record.
31-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 31 days late
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded02-03-2020
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
02200Logging
81210General cleaning of buildings
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0744619708
Also 9925:BE0744619708
Registered 18-12-2025

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

Register as of 26 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
3,899 m²
Building footprint
2,590 m²
Building volume
19,035 m³
2 parcels, Flanders · tallest building 11.2 m. Linked by address, not a title deed.
42 companies at this address See who is registered here
1 establishment unit
KRONA CONSTRUCT
Tweemontstraat 269, 2100 AntwerpenGeneral construction of residential buildings
since 2020unit no. 2.304.105.039
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
11012A0273/00R000 Flanders 3,826 m² 1 · 2,522 m² 8.0 m · 2
11012A0009/00P011 Flanders 73 m² 1 · 68 m² 11.2 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.