Skip to content

MRF CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 2014KBO/BCE: BE 0563.345.217

A bankruptcy procedure is open for MRF CONSTRUCT according to publications in the Belgian Official Gazette; trustee: Jean-Marie De Chaffoy.

Summary

The file additionally contains 3 judicial reorganisation notices and 1 administrative flag. The 2019 annual accounts show negative equity (-€34,537) and a net result of -€58,105.

MRF CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
4 May 2021
Supervising judge
Pieter Vander Stichele
Official Gazette
10-05-2021 (pdf) ↗search the document for 2021/117741

Deadlines

Provisional date payments stopped
4 November 2020Moved back by judgment of 25 October 2022. Payments and security you received since that day can in some cases be challenged by the trustee.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 25 May 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 3 June 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 9 June 2021Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 4 May 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Embed the MRF CONSTRUCT company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€41,537total assets 2019
Equity
-€34,537
Loss
-€58,105
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 1 deed read
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-08-2020, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2019
31 days late
2018
23 days late
2017
80 days late
2016
123 days late
2015
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 57 days after the deadline; the sector median (NACE 43) for financial year 2019 is 3 days after the deadline, and 50% of those companies filed late.

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 publications
Publications
Address struck
  1. Address struckUyttenhovestraat L’adresse du siège Rue…
  2. Date of cessation of payments moved…Enterprise Court of Brussels ·…
  3. OpeningEnterprise Court of Brussels ·…

Financials · financial year 2019, micro format

2019 annual accounts filed late (31 days) Filed on 31 August 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-49400553.

Equity
-€34,537
2018 · €23,568
Total assets
€41,537▼ 25.6%
2018 · €55,865
Net result
-€58,105
2018 · €7,352
Working capital
-€44,394
2018 · €21,698
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result turns negative in 2019: a loss of €57,263 after €8,022 in 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€57,263 2019 Net result-€58,105 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Operating result€8,022--€57,263
Net result€7,352--€58,105
Equity€23,568--€34,537
Total assets€55,865-€41,537▼ 25.6%
Debt€32,297-€76,074▲ 136%
Working capital€21,698--€44,394
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €41,537
Fixed assets €20,737 ▲ 21.2%
Current assets €20,800 ▼ 46.3%
Equity and liabilities
Equity-€34,537
Debt€76,074
Equity is negative: debt (€76,074) exceeds the balance-sheet total (€41,537).
Key figures and ratios
2019 value · change against 2018
EBITDA
-€52,984▼
2018 · €12,300
Cash flow
-€53,826▼
2018 · €11,631
Solvency
-83.1%▼
2018 · 42.2%
Current ratio
0.32▼
2018 · 2.27
ROA
-139.9%▼
2018 · 13.2%
Debt ≤ 1 year
€65,194▲
2018 · €17,052
Debt > 1 year
€10,880▼
2018 · €15,245
Income taxes
€212▲
2018 · €93
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€55,865€41,537▼
Fixed assets21/28€17,115€20,737▲
Tangible fixed assets22/27€17,115€20,737▲
Current assets29/58€38,750€20,800▼
Amounts receivable within one year40/41€26,836€16,189▼
Cash at bank and in hand54/58€11,777€4,475▼
Equity and liabilities
Total equity and liabilities10/49€55,865€41,537▼
Equity10/15€23,568-€34,537▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Profit (loss) carried forward14€15,508-€42,597▼
Amounts payable17/49€32,297€76,074▲
Amounts payable after more than one year17€15,245€10,880▼
Amounts payable within one year42/48€17,052€65,194▲
Trade debts44€7,814€58,922▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,279€4,279=
Gross operating margin9900€13,804-€48,079▼
Operating profit (loss)9901€8,022-€57,263▼
Recurring financial income75€9-
Recurring financial charges65€585€631▲
Profit (loss) for the period before taxes9903€7,445-€57,893▼
Income taxes67/77€93€212▲
Profit (loss) for the period9904€7,352-€58,105▼
Profit (loss) for the period to be appropriated9905€7,352-€58,105▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,279€4,279=
Gross operating margin9900€13,804-€48,079-
Operating profit (loss)9901€8,022-€57,263-
Recurring financial income75€9--
Recurring financial charges65€585€631▲ 7.7%
Profit (loss) for the period before taxes9903€7,445-€57,893-
Income taxes67/77€93€212▲ 126%
Profit (loss) for the period9904€7,352-€58,105-
Profit (loss) for the period to be appropriated9905€7,352-€58,105-
Line20182019Change
Assets
Total assets20/58€55,865€41,537▼ 25.6%
Fixed assets21/28€17,115€20,737▲ 21.2%
Tangible fixed assets22/27€17,115€20,737▲ 21.2%
Current assets29/58€38,750€20,800▼ 46.3%
Amounts receivable within one year40/41€26,836€16,189▼ 39.7%
Cash at bank and in hand54/58€11,777€4,475▼ 62.0%
Equity and liabilities
Total equity and liabilities10/49€55,865€41,537▼ 25.6%
Equity10/15€23,568-€34,537-
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Profit (loss) carried forward14€15,508-€42,597-
Amounts payable17/49€32,297€76,074▲ 136%
Amounts payable after more than one year17€15,245€10,880▼ 28.6%
Amounts payable within one year42/48€17,052€65,194▲ 282%
Trade debts44€7,814€58,922▲ 654%
Line20182019Change
Profit (loss) for the period9904€7,352-€58,105-
+ Depreciation and write-downs630€4,279€4,279=
Operating cash flow (approximation)€11,631-€53,826-
Investment in fixed assets (approximation)--€7,900-
Change in cash--€7,302-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2019 micro format 31-08-2020 2020-49400553
31-12-2018 micro format 23-08-2019 2019-49600029
31-12-2017 micro format 19-10-2018 2018-69700066
31-12-2016 full format 01-12-2017 2017-71100360
31-12-2015 abbreviated format 26-08-2016 2016-48700486

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of the 15,150 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,366. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Jean-Marie De Chaffoy
Kunstlaan 24 Bus 9A, 1000 Brussel 1
04-05-2021 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 24 September 2014, MRF CONSTRUCT was incorporated.1 The company has filed 5 sets of annual accounts, the latest for financial year 2019.2 The company was declared bankrupt on 4 May 2021.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019
  3. 3Belgian Official Gazette, 10-05-2021

Acts, filings and financial milestones

2026
19-01
KBO administration Address struck
Uyttenhovestraat L’adresse du siège Rue Uyttenhove 71-73 Die Sitzadresse Rue Uyttenhove / Uytten- 71-73 1090 Jette werd doorgehaald met ingang 1090 Jette · event 17-10-2025
2022
04-11
Bankruptcy Date of cessation of payments moved back
Enterprise Court of Brussels · judgment of 25-10-2022
2021
10-05
Bankruptcy Opening
Enterprise Court of Brussels · judgment of 04-05-2021
02-03
Judicial reorganisation Plan approval refused
French-language Enterprise Court of Brussels · judgment of 23-02-2021
24-02
Judicial reorganisation Filing of a new plan authorised
French-language Enterprise Court of Brussels · collective agreement · judgment of 17-02-2021
2020
20-10
Judicial reorganisation Opening
French-language Enterprise Court of Brussels · collective agreement · judgment of 15-10-2020
31-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 31 days late
2019
23-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 23 days late
2018
19-10
NBB filing Annual accounts filed
financial year 2017 · micro format · 80 days late
2017
01-12
NBB filing Annual accounts filed
financial year 2016 · full format · 123 days late
2016
26-08
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 26 days late
SignalNBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not 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.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded24-09-2014
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
1 establishment unit since 2014
1 establishment unit
Establishment
Other specialised construction activities
since 2014unit no. 2.236.847.615