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Active
BE 0844.930.475Private limited companyOpen bankruptcy
MOLENHOEVE
Burg. Van Gansberghelaan 83 ·9820 Merelbeke-Melle, Belgium· 14 yrs active
Sector: Algemene bouw van residentiële gebouwen
(41001)
Conclusion
A bankruptcy procedure is open for MOLENHOEVE according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2021 annual accounts show negative equity (€-2.00M) and a net result of €-1.97M.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-2.00M |
| Net result | €-1.97M |
| Staff (FTE) | 1.3 |
| Better than sector | 5% |
Snowflake analysis
33
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
70 / 100
Severe riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 2 judicial reorganisations (+20)
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · verkort
Sector comparison
Fiscal year 2021 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -242.5% | 23.9% | |
| Net result | €-1.97M | €15k | |
| Equity | €-2.00M | €161k | |
| Gross operating margin | €22k | €158k | |
| Staff costs | €145k | €154k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-1.67M
-174803.8%
18-21
€-1.97M
-1950.2%
18-21
€-1.85M
-3969.8%
18-21
€825k
-83.9%
18-21
€-2.00M
-
18-21
€-2.09M
-263.8%
18-21
1
-13.3%
18-21
€145k
-
18-21
€0
-100.0%
18-21
€2.62M
-48.2%
18-21
€2.61M
+101.2%
18-21
€0
-100.0%
18-21
0.20
-64.5%
18-21
0.20
-29.6%
18-21
-242.5%
-
18-21
-1.31
-
18-21
98.5%
-
18-21
-238.7%
-12634.6%
18-21
-10.42
-
18-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-1.67M |
| Net profit | €-1.97M |
| Cash flow | €-1.85M |
| Staff costs | €145k |
| Income taxes | €0 |
| Dividends | - |
| Total assets | €825k |
| Equity | €-2.00M |
| Debt | €2.62M |
| of which ≤ 1y | €2.61M |
| of which > 1y | €0 |
| Working capital | €-2.09M |
| Employees (FTE) | 1.3 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 0.20 |
| Quick ratio | 0.20 |
| Working capital ratio | -253.6% |
| Solvency | -242.5% |
| Debt / equity | -1.31 |
| Long-term debt ratio | 0.00 |
| Interest coverage | -10.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -238.7% |
| ROE | 98.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €825k |
| Fixed assets | 21/28 | €310k |
| Tangible fixed assets | 22/27 | €254k |
| Financial fixed assets | 28 | €56k |
| Current assets | 29/58 | €514k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €499k |
| Cash & bank | 54/58 | €13k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €825k |
| Equity | 10/15 | €-2.00M |
| Contributions / capital | 10/11 | €123k |
| Reserves | 13 | €37k |
| Accumulated profits (losses) | 14 | €-2.16M |
| Provisions & deferred taxes | 16 | €204k |
| Amounts payable | 17/49 | €2.62M |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €2.61M |
| Trade debts payable within one year | 44 | €485k |
| Income statement | ||
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €-1.78M |
| Financial income | 75 | €7k |
| Financial charges | 65 | €160k |
| Result before taxes | 9903 | €-1.97M |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-1.97M |
| Result to be appropriated | 9905 | €-1.97M |
You are seeing the latest fiscal year only. 1 prior year (figures + ratios) is in a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GEERT WAETERLOOS MOLENAARSSTRAAT 111/1A,
9000 GENT |
29-12-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 30-03-2012 |
| Status | Active |
| Postal code | 9820 |
| First BS signal | 02-06-2022 |
| Latest BS signal | 09-01-2023 |
Establishment units
ZORGSITE MOLENHOEVE
since 20122.209.658.812
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44413A0254/00C000 | Flanders | 3,505 m² | 1 · 254 m² | 13.8 m · 3 fl. |
| 44412C0313/00W000 | Flanders | 542 m² | 1 · 295 m² | 10.4 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
09-01-2023
Bankruptcy
Opening
2022
22-09-2022
Judicial reorganisation
Plan homologation
31-08-2022
NBB filing
Annual accounts filed
02-06-2022
Judicial reorganisation
Opening
2021
30-07-2021
NBB filing
Annual accounts filed
2020
01-07-2020
NBB filing
Annual accounts filed
2019
30-09-2019
NBB filing
Annual accounts filed
2018
21-12-2018
NBB filing
Annual accounts filed
2017
04-07-2017
NBB filing
Annual accounts filed
2016
01-07-2016
NBB filing
Annual accounts filed
2015
26-08-2015
NBB filing
Annual accounts filed
2014
25-08-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
09-01-2023
Bankruptcy
Opening
22-09-2022
Judicial reorganisation
Plan homologation
02-06-2022
Judicial reorganisation
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
Company registry (CBE)
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Overige persoonlijke diensten96099Overige persoonlijke diensten96999
Primary activity highlighted.
Names & trade names
| Legal nameNL | MOLENHOEVE |
Registered office
Burg. Van Gansberghelaan 83
9820 Merelbeke-Melle, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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