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MTB CONSTRUCTION

Open bankruptcy
Private limited company (pre-2019)founded 1992KBO/BCE: BE 0448.945.001

From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette

A bankruptcy procedure is open for MTB CONSTRUCTION according to publications in the Belgian Official Gazette; trustee: Francois Le Gentil De Rosmorduc.

Summary

The 2020 annual accounts show equity of €3,737 and a net result of -€1,473.

MTB CONSTRUCTIONOpen 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
French-language Enterprise Court of Brussels
Declared bankrupt
15 February 2021
Supervising judge
Laurent Jouret
Official Gazette
22-02-2021 (pdf) ↗search the document for 2021/106447

Deadlines

Appeal or third-party opposition until
passed on 9 March 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 17 March 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 24 March 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 15 February 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

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Overview

Official details

KBO
Status
Active since 14-12-1992 Open bankruptcy
Legal form
Private limited company (pre-2019)
Activity
Other specialised construction activities NACE 43990
Establishment unit
2.061.140.924 since 01-12-1995
Financial year end
31 December
Peppol
Not found in the Peppol Directory

How it is doing

Open bankruptcy: no score
Annual accounts 2020
Turnover
€2,000
Loss
€1,473
Equity
€3,737
Total assets
€13,211
Filed on 25-06-2021PDF
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two 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 · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-06-2021, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2020
36 days early
2018
677 days late
2016
44 days late
2015
11 days early
2013
100 days early
2012
194 days early
2011
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 53 days after the deadline; the sector median (NACE 43) for financial year 2020 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2020, micro format

Latest annual accounts filed

Annual accounts 2020

Download PDF
Financial year ended
31-12-2020
Filed on
25-06-2021
Format
micro format
Reference
2021-26100067
Turnover
€2,000▼ 94.3%
2018 · €34,861
EBIT margin
-72.3%▲ 9.1pp
2018 · -81.4%
Net result
-€1,473▲ 94.8%
2018 · -€28,448
Working capital
-€4,788▲ 21.3%
2018 · -€6,088
Trend over the years

2018 to 2020, 2 financial years 2018 to 2020, 2 financial years

The operating result is -€1,447 in 2020, compared with -€28,384 in 2018. Comparable figures for the intervening years are unavailable.

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

Turnover€2,000 2020 Operating result-€1,447 2020 Net result-€1,473 2020

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

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Available amounts per financial year
Line20182020
Turnover€34,861-€2,000-
Operating result-€28,384--€1,447-
Net result-€28,448--€1,473below the sector's middle half-
EBIT margin-81.4%--72.3%-
Equity€10,057-€3,737below the sector's middle half-
Total assets€22,996-€13,211below the sector's middle half-
Debt€12,939-€9,475-
Working capital-€6,088--€4,788below the sector's middle half-
Solvency43.7%-28.3%within the sector's middle half-
Current ratio0.38-0.49below the sector's middle half-
Return on assets (ROA)-123.7%--11.1%below the sector's middle half-
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2020 in colour, 2018 as the grey bar beneath
Assets €13,211
Fixed assets €8,525 ▼ 55.9%
Current assets €4,687 ▲ 27.9%
Equity and liabilities €13,211
Equity €3,737 ▼ 62.8%
Debt €9,475 ▼ 26.8%
Debt's share of the balance-sheet total rises from 56.3% to 71.7%. Equity and debt are lower.
Key figures and ratios
2020 value · change against 2018
EBITDA
€1,436▲
2018 · -€23,906
Cash flow
€1,410▲
2018 · -€23,971
ROE
-39.4%▲
2018 · -282.9%
Debt ≤ 1 year
€9,475▼
2018 · €9,751
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 · 2020 against 2018 · 24 lines

Source: Annual accounts 2020 (PDF), filed with the National Bank on 25-06-2021.

Balance sheet Code20182020
Assets
Total assets20/58€22,996€13,211▼
Fixed assets21/28€19,333€8,525▼
Tangible fixed assets22/27€14,403€8,525▼
Financial fixed assets28€4,930-
Current assets29/58€3,663€4,687▲
Stocks and contracts in progress3€526-
Amounts receivable within one year40/41€2,387€3,938▲
Cash at bank and in hand54/58€750€749▼
Equity and liabilities
Total equity and liabilities10/49€22,996€13,211▼
Equity10/15€10,057€3,737▼
Contributions10/11€30,987€30,987=
Profit (loss) carried forward14-€20,929-€27,250▼
Amounts payable17/49€12,939€9,475▼
Amounts payable after more than one year17€3,188-
Amounts payable within one year42/48€9,751€9,475▼
Trade debts44€3,210€3,030▼
Income statement Code20182020
Turnover70€34,861€2,000▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,477€2,882▼
Gross operating margin9900-€12,278€1,436▲
Operating profit (loss)9901-€28,384-€1,447▲
Recurring financial charges65€65€26▼
Profit (loss) for the period before taxes9903-€28,448-€1,473▲
Profit (loss) for the period9904-€28,448-€1,473▲
Profit (loss) for the period to be appropriated9905-€28,448-€1,473▲
Line20182020Change
Turnover70€34,861€2,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,477€2,882-
Gross operating margin9900-€12,278€1,436-
Operating profit (loss)9901-€28,384-€1,447-
Recurring financial charges65€65€26-
Profit (loss) for the period before taxes9903-€28,448-€1,473-
Profit (loss) for the period9904-€28,448-€1,473-
Profit (loss) for the period to be appropriated9905-€28,448-€1,473-
Line20182020Change
Assets
Total assets20/58€22,996€13,211-
Fixed assets21/28€19,333€8,525-
Tangible fixed assets22/27€14,403€8,525-
Financial fixed assets28€4,930--
Current assets29/58€3,663€4,687-
Stocks and contracts in progress3€526--
Amounts receivable within one year40/41€2,387€3,938-
Cash at bank and in hand54/58€750€749-
Equity and liabilities
Total equity and liabilities10/49€22,996€13,211-
Equity10/15€10,057€3,737-
Contributions10/11€30,987€30,987-
Profit (loss) carried forward14-€20,929-€27,250-
Amounts payable17/49€12,939€9,475-
Amounts payable after more than one year17€3,188--
Amounts payable within one year42/48€9,751€9,475-
Trade debts44€3,210€3,030-
Line20182020Change
Profit (loss) for the period9904-€28,448-€1,473-
+ Depreciation and write-downs630€4,477€2,882-
Operating cash flow (approximation)-€23,971€1,410-

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

Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2020 micro format 25-06-2021 2021-26100067 PDF
31-12-2018 micro format 07-06-2021 2021-17700184 PDF
31-12-2016 full format 13-09-2017 2017-61000381 PDF
31-12-2015 full format 20-07-2016 2016-33900565 PDF
31-12-2013 full format 22-04-2014 2014-10200154 PDF
31-12-2012 full format 18-01-2013 2013-01300118 PDF
31-12-2011 full format 19-07-2012 2012-33100212 PDF
31-12-2010 full format 20-01-2011 2011-01300560 PDF
31-12-2009 full format 12-02-2010 2010-04600132 PDF
31-12-2008 full format 04-05-2009 2009-13900313 PDF

Show all 25 filings

Similar companies · same sector, comparable size

Of the 15,126 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,461. 2,253 are within a factor 10 of this equity. These 5 are the closest to it. 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

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Francois Le Gentil De Rosmorduc
Avenue Louise 349/17, 1050 Bruxelles 5
15-02-2021 → present

Owners and capital

History

MTB CONSTRUCTION was incorporated on 14 December 1992.1 Turnover fell from €34,861 in 2018 to €2,000 in 2020.2 On 15 February 2021 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian Official Gazette, 22-02-2021

Acts, filings and financial milestones

2025
30-06
Bankruptcy Supervising judge replaced
French-language Enterprise Court of Brussels · judgment of 16-06-2025
2023
19-06
Bankruptcy Supervising judge replaced
French-language Enterprise Court of Brussels · judgment of 12-06-2023
2021
25-06
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
07-06
NBB filing Annual accounts filedPDF
financial year 2018 · micro format · 677 days late
22-02
Bankruptcy Opening
French-language Enterprise Court of Brussels · judgment of 15-02-2021
2017
13-09
NBB filing Annual accounts filedPDF
financial year 2016 · full format · 44 days late
2016
20-07
NBB filing Annual accounts filedPDF
financial year 2015 · full format
2014
22-04
NBB filing Annual accounts filedPDF
financial year 2013 · full format
2013
18-01
NBB filing Annual accounts filedPDF
financial year 2012 · full format
2012
19-07
NBB filing Annual accounts filedPDF
financial year 2011 · full format
2011
20-01
NBB filing Annual accounts filedPDF
financial year 2010 · full format
2010
12-02
NBB filing Annual accounts filedPDF
financial year 2009 · full format
2009
04-05
NBB filing Annual accounts filedPDF
financial year 2008 · full format
SignalNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Opening faillissement

MTB CONSTRUCTION is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 December 2020
Legal form
Private limited company (pre-2019)
Active since
14 December 1992
Official KBO record

Register details

Who it is

Name MTB CONSTRUCTION in French
Enterprise number 0448.945.001
Type Legal entity

Where it is based

Registered office Belgium
Establishments 1 establishment unit since 1995

What it does

NACEBEL 2025
43990 Other specialised construction activities main activity

Invoicing and payment

VAT number BE 0448.945.001
E-invoicing via Peppol
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 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
18 companies at this address See who is registered here
1 establishment unit
MTB CONSTRUCTION
Limited-service restaurants, excluding mobile food services
since 1995unit no. 2.061.140.924

Buildings and parcels at the address

Ground area
639 m²
Building footprint
316 m²
Building volume
2,536 m³
Parcel 21612C0001/00Z054, Brussels · tallest building 14.8 m.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21612C0001/00Z054 Brussels 639 m² 1 · 316 m² 14.8 m · 2