LIBERT CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for LIBERT CONSTRUCT according to publications in the Belgian State Gazette; curator: NICOLAS CHEVALIER. The 2021 annual accounts show equity of €51k and a net result of €10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-09-2022, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
39 d late
2020
39 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▲ 77.8%
2020 · €6k
2018: €7k
2019: €13k
2020: €6k
2018 → 2021
Working capital
€-59k▲ 5.4%
2020 · €-63k
2018: €-71k
2019: €-69k
2020: €-63k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€27k-€40k▲ 46.9%€41k▲ 2.7%€51k▲ 22.9%
Operating result€24k-€26k▲ 9.2%€26k▼ 0.8%€24k▼ 8.1%
Net result€7k-€13k▲ 93.5%€6k▼ 57.9%€10k▲ 77.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 8% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €344k
Fixed assets
€165k▼ 10.3%
Current assets
€180k▼ 14.1%
Equity and liabilities €344k
Equity
€51k▲ 22.9%
Debt
€293k▼ 16.5%
The debt ratio falls from 89.5% to 85.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▲
2020 · €69k
Cash flow
€57k▲
2020 · €48k
Solvency
14.8%▲
2020 · 10.5%
Current ratio
0.75▼
2020 · 0.77
Quick ratio
0.35▼
2020 · 0.54
Debt / equity
5.77▲
2020 · 1.92
ROE
19.8%▲
2020 · 13.7%
ROA
2.9%▲
2020 · 1.4%
Interest coverage
6.55
Debt
€293k▼
2020 · €351k
Debt ≤ 1 year
€239k▼
2020 · €272k
Debt > 1 year
€54k▼
2020 · €79k
Income taxes
€4k▼
2020 · €8k
Staff costs
€258k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€392k€344k▼
Fixed assets21/28€184k€165k▼
Tangible fixed assets22/27€183k€164k▼
Land and buildings22-€77k
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€83k
Financial fixed assets28€950€950=
Current assets29/58€209k€180k▼
Stocks and contracts in progress3€61k€96k▲
Stocks30/36-€96k
Amounts receivable within one year40/41€133k€76k▼
Trade receivables40-€66k
Other amounts receivable41-€10k
Cash at bank and in hand54/58€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€392k€344k▼
Equity10/15€41k€51k▲
Contributions10/11€14k€14k=
Capital10-€14k
Issued capital100-€19k
Uncalled capital101-€5k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€18k€28k▲
Investment grants15-€7k
Amounts payable17/49€351k€293k▼
Amounts payable after more than one year17€79k€54k▼
Financial debts170/4-€54k
Amounts payable within one year42/48€272k€239k▼
Current portion of amounts payable after more than one year42-€59k
Financial debts43-€34k
Credit institutions430/8-€34k
Trade debts44€108k€52k▼
Suppliers440/4-€52k
Taxes, remuneration and social security45-€22k
Taxes450/3-€11k
Remuneration and social security454/9-€11k
Other amounts payable47/48-€71k
Accrued charges and deferred income492/3-€161
Income statement
Code20202021
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62-€258k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€47k▲
Other operating charges640/8-€10k
Non-recurring operating charges66A-€95
Gross operating margin9900€350k€340k▼
Operating profit (loss)9901€26k€24k▼
Financial income75/76B-€856
Recurring financial income75€1k€856▼
Financial charges65/66B-€11k
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€13k€14k▲
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€6k€10k▲
Profit (loss) for the period to be appropriated9905€6k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€28k
Profit (loss) brought forward from the previous period14P-€18k
Social balance
Average headcount (FTE)9087-6.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
07-08
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Tournai · LIBERT CONSTRUCT SPRL RUE SAINT-ROCH 4, 7712 HERSEAUX · event 01-08-2023
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 39 days late
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €6k ▼57.9%
Net result drops to €6k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €13k ▲93.5%
Operating result €26k, net result €13k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
24-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 116 days late
2013
25-11
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 117 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Rochusstraat(H) 47712 MouscronGround area
1,997 m²
Building footprint
601 m²
Parcel 54004K0014/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LIBERT CONSTRUCT
since 20032.135.185.675
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004K0014/00Y000 | Wallonia | 1,997 m² | 1 · 601 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | NICOLAS CHEVALIER RUE DU SONDART 21,
7500 TOURNAI- .
Date provisoire de cessation de paiement : 01/08/2023 |
01-08-2023 → present |
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.