KVC Construct
Open bankruptcyA bankruptcy procedure is open for KVC Construct according to publications in the Belgian State Gazette; curator: BERNARD CASTAIGNE.
Summary
The 2021 annual accounts show equity of €25,868 and a net result of -€736.
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 Liège, Namur division
- Declared bankrupt
- 16 November 2023
- Supervising judge
- Michel Degodenne
- Official Gazette
- 22-11-2023 (pdf) ↗search the document for 2023/144466
Deadlines
- Appeal or third-party opposition until
- passed on 7 December 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 December 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 December 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 16 November 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Bernard CastaigneRue Alexandre Daoust 41, 5500 Dinantinfo@dinalex.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 25-06-2022, 36 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
36 d early
2020
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€25,868▼ 2.8%
2020 · €26,604
Total assets
€73,301▲ 25.5%
2020 · €58,420
Net result
-€736
2020 · €21,604
Working capital
€20,685▲ 7.6%
2020 · €19,219
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021
Operating result€27,621-€1,308▼ 95.3%
Net result€21,604within the sector's middle half--€736below the sector's middle half
Equity€26,604within the sector's middle half-€25,868within the sector's middle half▼ 2.8%
Total assets€58,420below the sector's middle half-€73,301within the sector's middle half▲ 25.5%
Debt€31,816-€47,433▲ 49.1%
Working capital€19,219within the sector's middle half-€20,685within the sector's middle half▲ 7.6%
Solvency45.5%within the sector's middle half-35.3%within the sector's middle half▼ 10.2pp
Current ratio2.01within the sector's middle half-1.51within the sector's middle half▼ 0.50
Return on assets (ROA)37.0%above the sector's middle half--1.0%below the sector's middle half▼ 38.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 95% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €73,301
Fixed assets
€11,742 ▼ 39.7%
Current assets
€61,559 ▲ 60.6%
Equity and liabilities €73,301
Equity
€25,868 ▼ 2.8%
Debt
€47,433 ▲ 49.1%
Debt's share of the balance-sheet total rises from 54.5% to 64.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,938▼
2020 · €32,468
Cash flow
€2,894▼
2020 · €26,451
Quick ratio
1.38▼
2020 · 2.01
Debt to equity
1.83▲
2020 · 0.48
ROE
-2.8%▼
2020 · 81.2%
Interest coverage
3.24
Debt ≤ 1 year
€40,874▲
2020 · €19,101
Debt > 1 year
€5,707▼
2020 · €12,715
Income taxes
€631▼
2020 · €5,204
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,847 | €3,630 | ▼ 25.1% |
| Other operating charges640/8 | - | €11,828 | - |
| Non-recurring operating charges66A | - | €61 | - |
| Gross operating margin9900 | €32,944 | €16,827 | ▼ 48.9% |
| Operating profit (loss)9901 | €27,621 | €1,308 | ▼ 95.3% |
| Financial income75/76B | - | €111 | - |
| Recurring financial income75 | - | €111 | - |
| Financial charges65/66B | - | €1,524 | - |
| Recurring financial charges65 | €813 | €1,524 | ▲ 87.5% |
| Profit (loss) for the period before taxes9903 | €26,808 | -€105 | ▼ 100% |
| Income taxes67/77 | €5,204 | €631 | ▼ 87.9% |
| Profit (loss) for the period9904 | €21,604 | -€736 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €21,604 | -€736 | ▼ 103% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €58,420 | €73,301 | ▲ 25.5% |
| Formation expenses20 | €621 | - | - |
| Fixed assets21/28 | €19,479 | €11,742 | ▼ 39.7% |
| Tangible fixed assets22/27 | €19,479 | €11,742 | ▼ 39.7% |
| Plant, machinery and equipment23 | - | €5,164 | - |
| Furniture and vehicles24 | - | €6,578 | - |
| Current assets29/58 | €38,320 | €61,559 | ▲ 60.6% |
| Stocks and contracts in progress3 | - | €5,146 | - |
| Stocks30/36 | - | €5,146 | - |
| Amounts receivable within one year40/41 | €31,944 | €44,413 | ▲ 39.0% |
| Trade receivables40 | - | €41,564 | - |
| Other amounts receivable41 | - | €2,849 | - |
| Cash at bank and in hand54/58 | €1,395 | €7,797 | ▲ 459% |
| Deferred charges and accrued income490/1 | - | €4,203 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €58,420 | €73,301 | ▲ 25.5% |
| Equity10/15 | €26,604 | €25,868 | ▼ 2.8% |
| Contributions10/11 | - | €5,000 | - |
| Reserves13 | €21,000 | €20,000 | ▼ 4.8% |
| Distributable reserves133 | - | €20,000 | - |
| Profit (loss) carried forward14 | €604 | €868 | ▲ 43.7% |
| Amounts payable17/49 | €31,816 | €47,433 | ▲ 49.1% |
| Amounts payable after more than one year17 | €12,715 | €5,707 | ▼ 55.1% |
| Financial debts170/4 | - | €5,707 | - |
| Amounts payable within one year42/48 | €19,101 | €40,874 | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | €7,008 | - |
| Trade debts44 | €5,011 | €27,923 | ▲ 457% |
| Suppliers440/4 | - | €27,923 | - |
| Taxes, remuneration and social security45 | - | €5,872 | - |
| Taxes450/3 | - | €5,872 | - |
| Other amounts payable47/48 | - | €71 | - |
| Accrued charges and deferred income492/3 | - | €852 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €21,604 | -€736 | ▼ 103% |
| + Depreciation and write-downs630 | €4,847 | €3,630 | ▼ 25.1% |
| Operating cash flow (approximation) | €26,451 | €2,894 | ▼ 89.1% |
| Investment in fixed assets (approximation) | - | €4,107 | - |
| Change in cash | - | €6,402 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
22-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 16-11-2023
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · 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
Registered office, Floreffe · 1 establishment unit since 2020
Ground area
224 m²
Building footprint
95 m²
Volume, LiDAR
717 m³
Parcel 92045A0877/00A000, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KVC Construct
since 20202.302.321.229
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92045A0877/00A000 | Wallonia | 224 m² | 1 · 95 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 | BERNARD CASTAIGNE RUE ALEXANDRE
DAOUST 41, 5500 DINANT |
16-11-2023 → present |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 6,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43332Laying of wooden floor and wall coverings
43343Specialised construction activities
43410Roofing work
43421Specialised construction activities
Contact
E-mail
kvcconstruct@gmail.com
Phone
+32489876559
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 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.