NV BUILD
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 27 November 2025
- Supervising judge
- Michel Degodenne
- Official Gazette
- 03-12-2025 (pdf) ↗search the document for 2025/149962
Deadlines
- Appeal or third-party opposition until
- passed on 18 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 27 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 6 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 27 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jean Louis DavidChaussee De Dinant 776, 5100 04 Wepionjl.david@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
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
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the Installation of electric heating, air conditioning, cooling and ventilation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€23,400▼ 326%
2020 · -€5,493
Total assets
€32,797▼ 57.5%
2020 · €77,187
Net result
-€21,058▲ 8.7%
2020 · -€23,065
Working capital
-€24,301▼ 234%
2020 · -€7,286
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202022
Operating result€25,523--€14,208-€25,477▼ 79.3%-€20,465-
Net result€20,262--€14,715-€23,065below the sector's middle half▼ 56.7%-€21,058below the sector's middle half-
Equity€32,287-€17,572▼ 45.6%-€5,493below the sector's middle half-€23,400below the sector's middle half-
Total assets€214,780-€173,372▼ 19.3%€77,187within the sector's middle half▼ 55.5%€32,797below the sector's middle half-
Debt€182,493-€155,800▼ 14.6%€82,680▼ 46.9%€56,198-
Working capital€30,956-€14,381▼ 53.5%-€7,286below the sector's middle half-€24,301below the sector's middle half-
Solvency15.0%-10.1%▼ 4.9pp-7.1%below the sector's middle half▼ 17.3pp-71.3%below the sector's middle half-
Current ratio1.17-1.09▼ 0.080.91below the sector's middle half▼ 0.180.57below the sector's middle half-
Return on assets (ROA)9.4%--8.5%▼ 17.9pp-29.9%below the sector's middle half▼ 21.4pp-64.2%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€20,465 in 2022, compared with -€25,477 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €32,797
Fixed assets
€900 ▼ 49.8%
Current assets
€31,897 ▼ 57.7%
Equity and liabilities
Equity-€23,400
Debt€56,198
Equity is negative: debt (€56,198) exceeds the balance-sheet total (€32,797).
Key figures and ratios
EBITDA
-€19,572▲
2020 · -€24,079
Cash flow
-€20,165▲
2020 · -€21,667
Interest coverage
-33.02
Debt ≤ 1 year
€56,198▼
2020 · €82,680
Staff costs
€0
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
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €665 | €1,398 | €1,398 | €893 | - |
| Other operating charges640/8 | - | - | - | €58 | - |
| Gross operating margin9900 | €26,684 | -€4,953 | -€4,195 | -€19,514 | - |
| Operating profit (loss)9901 | €25,523 | -€14,208 | -€25,477 | -€20,465 | - |
| Financial charges65/66B | - | - | - | €593 | - |
| Recurring financial charges65 | €61 | €416 | €88 | €593 | - |
| Profit (loss) for the period before taxes9903 | €25,462 | -€14,624 | -€23,065 | -€21,058 | - |
| Income taxes67/77 | €5,200 | €91 | - | - | - |
| Profit (loss) for the period9904 | €20,262 | -€14,715 | -€23,065 | -€21,058 | - |
| Profit (loss) for the period to be appropriated9905 | €20,262 | -€14,715 | -€23,065 | -€21,058 | - |
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €214,780 | €173,372 | €77,187 | €32,797 | - |
| Fixed assets21/28 | €1,331 | €3,191 | €1,793 | €900 | - |
| Tangible fixed assets22/27 | €1,331 | €3,191 | €1,793 | €900 | - |
| Plant, machinery and equipment23 | - | - | - | €740 | - |
| Furniture and vehicles24 | - | - | - | €160 | - |
| Current assets29/58 | €213,449 | €170,181 | €75,394 | €31,897 | - |
| Amounts receivable within one year40/41 | €200,754 | €122,925 | €52,366 | €27,953 | - |
| Trade receivables40 | - | - | - | €15,425 | - |
| Other amounts receivable41 | - | - | - | €12,528 | - |
| Cash at bank and in hand54/58 | €12,695 | €47,256 | €23,028 | €3,944 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €214,780 | €173,372 | €77,187 | €32,797 | - |
| Equity10/15 | €32,287 | €17,572 | -€5,493 | -€23,400 | - |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | - |
| Profit (loss) carried forward14 | €26,087 | €11,372 | -€11,693 | -€29,600 | - |
| Amounts payable17/49 | €182,493 | €155,800 | €82,680 | €56,198 | - |
| Amounts payable within one year42/48 | €182,493 | €155,800 | €82,680 | €56,198 | - |
| Trade debts44 | €149,533 | €133,194 | €21,948 | €330 | - |
| Suppliers440/4 | - | - | - | €330 | - |
| Other amounts payable47/48 | - | - | - | €55,868 | - |
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,262 | -€14,715 | -€23,065 | -€21,058 | - |
| + Depreciation and write-downs630 | €665 | €1,398 | €1,398 | €893 | - |
| Operating cash flow (approximation) | €20,927 | -€13,317 | -€21,667 | -€20,165 | - |
| Investment in fixed assets (approximation) | - | -€3,258 | €0 | - | - |
| Change in cash | - | €34,561 | -€24,228 | - | - |
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
03-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 27-11-2025
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 319 days late
29-05
KBO administration
Address struck
event 03-04-2024
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
31-12
Financial
Weakest financial yearnet -€23,065
Net result drops to -€23,065, the lowest in the series.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sombreffe
Ground area
5,006 m²
Building footprint
334 m²
Parcel 92313D0118/00D002, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92313D0118/00D002 | Wallonia | 5,006 m² | 1 · 334 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 | JEAN LOUIS DAVID Chaussee De Dinant 776, 5100 04 Wepion |
27-11-2025 → present |
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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 9,531 companies in this sector we hold annual accounts for 5,666. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded18-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
41001General construction of residential buildings
43320Joinery installation
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.