LOUIS CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for LOUIS CONSTRUCT according to publications in the Belgian State Gazette; curator: ALEXANDRE SAUSSEZ.
Summary
The file additionally contains 1 administrative flag. The 2020 annual accounts show negative equity (€-47k) and a net result of €-3k.
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 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
83 d late
← before the deadline
after the deadline →
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 publicationsPublications
Address struck
Financials · fiscal year 2020, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2019 · €4k
2018: €-66klowest in 3 years
2019: €4k▲ +106% vs 2018highest in 3 years
2020: €-3k▼ -180% vs 2019
2018 → 2020
Working capital
€-36k▼ 10.2%
2019 · €-32k
2018: €-69klowest in 3 years
2019: €-32k▲ +53.2% vs 2018highest in 3 years
2020: €-36k▼ -10.2% vs 2019
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-47k-€-43k▲ 8.7%€-47k▼ 7.6%
2018: €-47klowest in 3 years
2019: €-43k▲ +8.7% vs 2018highest in 3 years
2020: €-47k▼ -7.6% vs 2019
Operating result€-65k-€5k€-3k
2018: €-65klowest in 3 years
2019: €5k▲ +108% vs 2018highest in 3 years
2020: €-3k▼ -157% vs 2019
Net result€-66k-€4k€-3k
2018: €-66klowest in 3 years
2019: €4k▲ +106% vs 2018highest in 3 years
2020: €-3k▼ -180% vs 2019
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €3k after €5k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €114k
Fixed assets
€34k =
Current assets
€80k ▲ 59.0%
Key figures and ratios
Solvency
-40.6%▲
2019 · -50.8%
Current ratio
0.69▲
2019 · 0.61
Debt to equity
-0.99▲
2019 · -1.06
ROA
-2.9%▼
2019 · 4.8%
Debt
€161k▲
2019 · €128k
Debt ≤ 1 year
€115k▲
2019 · €82k
Debt > 1 year
€46k=
2019 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€85k€115k▲
Formation expenses20€521€521=
Fixed assets21/28€34k€34k=
Tangible fixed assets22/27€32k€32k=
Financial fixed assets28€2k€2k=
Current assets29/58€50k€80k▲
Amounts receivable within one year40/41€39k€62k▲
Cash at bank and in hand54/58€11k€18k▲
Equity and liabilities
Total equity and liabilities10/49€85k€115k▲
Equity10/15€-43k€-47k▼
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-64k€-67k▼
Amounts payable17/49€128k€161k▲
Amounts payable after more than one year17€46k€46k=
Amounts payable within one year42/48€82k€115k▲
Trade debts44€14k€33k▲
Income statement
Code20192020
Gross operating margin9900€66k€13k▼
Operating profit (loss)9901€5k€-3k▼
Recurring financial income75-€46
Recurring financial charges65€972€431▼
Profit (loss) for the period before taxes9903€4k€-3k▼
Profit (loss) for the period9904€4k€-3k▼
Profit (loss) for the period to be appropriated9905€4k€-3k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €56k | €66k | €13k | ▼ 80.2% |
| Operating profit (loss)9901 | €-65k | €5k | €-3k | ▼ 157% |
| Recurring financial income75 | €1 | - | €46 | - |
| Recurring financial charges65 | €1k | €972 | €431 | ▼ 55.6% |
| Profit (loss) for the period before taxes9903 | €-66k | €4k | €-3k | ▼ 180% |
| Profit (loss) for the period9904 | €-66k | €4k | €-3k | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | €-66k | €4k | €-3k | ▼ 180% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €119k | €85k | €115k | ▲ 34.7% |
| Formation expenses20 | €521 | €521 | €521 | = |
| Fixed assets21/28 | €21k | €34k | €34k | = |
| Tangible fixed assets22/27 | €19k | €32k | €32k | = |
| Financial fixed assets28 | €2k | €2k | €2k | = |
| Current assets29/58 | €97k | €50k | €80k | ▲ 59.0% |
| Amounts receivable within one year40/41 | €51k | €39k | €62k | ▲ 56.6% |
| Cash at bank and in hand54/58 | €46k | €11k | €18k | ▲ 67.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €119k | €85k | €115k | ▲ 34.7% |
| Equity10/15 | €-47k | €-43k | €-47k | ▼ 7.6% |
| Contributions10/11 | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-68k | €-64k | €-67k | ▼ 5.2% |
| Amounts payable17/49 | €166k | €128k | €161k | ▲ 25.6% |
| Amounts payable after more than one year17 | - | €46k | €46k | = |
| Amounts payable within one year42/48 | €166k | €82k | €115k | ▲ 39.8% |
| Trade debts44 | €30k | €14k | €33k | ▲ 147% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-66k | €4k | €-3k | ▼ 180% |
| Operating cash flow (approximation) | €-66k | €4k | €-3k | ▼ 180% |
| Investment in fixed assets (approximation) | - | €-13k | €0 | ▲ 100% |
| Change in cash | - | €-36k | €7k | ▲ 120% |
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
2025
03-11
KBO administration
Address struck
Leuvensesteenweg Die Sitzadresse Chaussée de Louvain /
1140 Evere · event 13-08-2025
2024
08-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-03-2024
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
02-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Evere · 1 establishment unit since 2014
Ground area
522 m²
Building footprint
259 m²
Volume, LiDAR
3,795 m³
2 parcels, Brussels · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LOUIS CONSTRUCT
since 20142.229.099.095
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0114/00D006 | Brussels | 307 m² | 1 · 161 m² | 16.7 m · 4 fl. |
| 21905C0054/00L006 | Brussels | 215 m² | 1 · 98 m² | 19.7 m · 6 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 | ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369,
1932 SINT-STEVENS-WOLUWE |
04-03-2024 → present |
Similar companies · same sector, comparable size
A TO Z SOLUTIONS BV
BE 0784.308.841
Sint-Niklaas · Eq €18,756
BAT-TOIT
BE 0838.830.858
Châtelet · Eq €18,743
Dakwerken Van Kesbeeck
BE 0726.708.756
Grobbendonk · Eq €18,734
DAKTRAVAK
BE 0832.955.232
Antwerpen · Eq €18,785
ROOFTOP
BE 0442.371.963
Boortmeerbeek · Eq €18,803
Of 11,135 companies in sector 43910 we hold annual accounts for 5,489. 3,837 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 (pre-2019)
Founded20-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43410Roofing work
43422Screed work
Scores and ratios are computed by Checked and are not a credit decision.