MATHIAS CONSTRUCT
InactiveMATHIAS CONSTRUCT was declared bankrupt on 07-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 28-11-2023, published in the Belgian State Gazette on 04-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-10-2021, 88 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
88 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€9k▼ 50.6%
2019 · €18k
2018: €22k
2019: €18k
2018 → 2020
Total assets
€198k▲ 10.0%
2019 · €180k
2018: €407k
2019: €180k
2018 → 2020
Net result
€-9k▼ 90.1%
2019 · €-5k
2018: €6k
2019: €-5k
2018 → 2020
Working capital
€21k▲ 26.0%
2019 · €17k
2018: €294k
2019: €17k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€22k-€18k▼ 21.0%€9k▼ 50.6%
Operating result€81k-€4k▼ 95.3%€15k▲ 301%
Net result€6k-€-5k€-9k▼ 90.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 301% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €198k
Fixed assets
€38k▼ 21.8%
Current assets
€160k▲ 21.8%
Equity and liabilities €198k
Equity
€9k▼ 50.6%
Debt
€190k▲ 16.6%
The debt ratio rises from 90.3% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k
Cash flow
€11k
Solvency
4.4%▼
2019 · 9.7%
Current ratio
1.15▲
2019 · 1.15
Quick ratio
1.15▲
2019 · 1.15
ROE
-102.5%▼
2019 · -26.6%
ROA
-4.5%▼
2019 · -2.6%
Debt
€190k▲
2019 · €163k
Debt ≤ 1 year
€139k▲
2019 · €115k
Income taxes
€21k▲
2019 · €5k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€180k€198k▲
Fixed assets21/28€49k€38k▼
Tangible fixed assets22/27€43k€32k▼
Financial fixed assets28€6k€6k=
Current assets29/58€131k€160k▲
Amounts receivable within one year40/41€80k€73k▼
Cash at bank and in hand54/58€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€180k€198k▲
Equity10/15€18k€9k▼
Contributions10/11€19k-
Reserves13€733€733=
Profit (loss) carried forward14€-2k€-11k▼
Amounts payable17/49€163k€190k▲
Amounts payable after more than one year17€2k-
Amounts payable within one year42/48€115k€139k▲
Trade debts44€103k€68k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€19k
Gross operating margin9900€11k€39k▲
Operating profit (loss)9901€4k€15k▲
Recurring financial income75€612€52▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€716€12k▲
Income taxes67/77€5k€21k▲
Profit (loss) for the period9904€-5k€-9k▼
Profit (loss) for the period to be appropriated9905€-5k€-9k▼
Timeline · acts, filings and financial milestones
2023
04-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · MATHIAS CONSTRUCT BV KIEZELSTRAAT(KL. GEL.) 56, 3870 HEERS · event 28-11-2023
2022
15-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · MATHIAS CONSTRUCT BV KIEZELSTRAAT(KL. GEL.) 56, 3870 HEERS · event 07-06-2022
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 174 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN |
07-06-2022 → present |
| Curator | ELKE NATENS WIJNGAARD-
STRAAT 6, 3700 TONGEREN |
07-06-2022 → present |