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OGN CONSTRUCT

Bankruptcy closed
Private limited companyfounded 2020KBO/BCE: BE 0753.847.178
Summary

OGN CONSTRUCT was declared bankrupt on 27-05-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 22-07-2026, published in the Belgian Official Gazette on 29-07-2026. The 2023 annual accounts show equity of €15,778 and a net result of -€26,491.

OGN CONSTRUCTBankruptcy closed

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€42,795total assets 2023
Equity
€15,778
Loss
-€26,491
Turnover not published (micro format)
Financial health
Bankruptcy closed: no score
Structure
1 of 2 deeds read
Signalsraises riskBankruptcy closedAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Bankruptcy closed
The Belgian Official Gazette published the closure of the bankruptcy. The latest notice is dated 29-07-2026. The KBO register has not yet processed that closure. The register usually follows the Belgian Official Gazette later, so the newer publication in the Gazette prevails.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2024, 36 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2023
36 days early
2022
38 days early
2021
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days before the deadline; the sector median (NACE 41) for financial year 2023 is on the deadline day, and 47% 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. Bankruptcy closure (insufficient assets)Enterprise Court of Brussels ·…
  2. Address struckImperiastraat 12 1930 Die Sitzadresse…
  3. OpeningEnterprise Court of Brussels ·…

Financials · financial year 2023, micro format

Equity
€15,778▼ 62.7%
2022 · €42,269
Total assets
€42,795▼ 55.4%
2022 · €96,007
Net result
-€26,491
2022 · €13,522
Working capital
-€9,959
2022 · €12,804
Trend over the years

2021 to 2023, 3 financial years

The operating result turns negative in 2023: a loss of €24,773 after €19,062 in 2022, the lowest result in the available series.

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

Operating result-€24,773 2023 Net result-€26,491 2023

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

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line202120222023
Operating result€36,081-€19,062▼ 47.2%-€24,773
Net result€26,746above the sector's middle half-€13,522within the sector's middle half▼ 49.4%-€26,491below the sector's middle half
Equity€28,746within the sector's middle half-€42,269within the sector's middle half▲ 47.0%€15,778within the sector's middle half▼ 62.7%
Total assets€41,014below the sector's middle half-€96,007within the sector's middle half▲ 134%€42,795below the sector's middle half▼ 55.4%
Debt€12,268-€53,738▲ 338%€27,017▼ 49.7%
Working capital€30,760within the sector's middle half-€12,804within the sector's middle half▼ 58.4%-€9,959below the sector's middle half
Solvency70.1%above the sector's middle half-44.0%within the sector's middle half▼ 26.1pp36.9%within the sector's middle half▼ 7.2pp
Current ratio4.00above the sector's middle half-1.24within the sector's middle half▼ 2.760.63below the sector's middle half▼ 0.61
Return on assets (ROA)65.2%above the sector's middle half-14.1%within the sector's middle half▼ 51.1pp-61.9%below the sector's middle half▼ 76.0pp
Staff (FTE)2.4
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42,795
Fixed assets €25,737 ▼ 12.7%
Current assets €17,058 ▼ 74.4%
Equity and liabilities €42,795
Equity €15,778 ▼ 62.7%
Debt €27,017 ▼ 49.7%
Debt's share of the balance-sheet total rises from 56.0% to 63.1%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€525▼
2022 · €25,932
Cash flow
-€1,193▼
2022 · €20,393
Debt to equity
1.71▲
2022 · 1.27
ROE
-167.9%▼
2022 · 32.0%
Interest coverage
0.44▼
2022 · 14.55
Debt ≤ 1 year
€27,017▼
2022 · €53,738
Income taxes
€530▼
2022 · €3,757
Staff costs
-€5,333▼
2022 · €79,333
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 · 2023 against 2022 · 36 lines
Balance sheet Code20222023
Assets
Total assets20/58€96,007€42,795▼
Fixed assets21/28€29,464€25,737▼
Tangible fixed assets22/27€29,464€25,737▼
Furniture and vehicles24€29,464€25,737▼
Current assets29/58€66,542€17,058▼
Amounts receivable within one year40/41€54,568€16,358▼
Trade receivables40€49,933€12,314▼
Other amounts receivable41€4,635€4,045▼
Cash at bank and in hand54/58€11,975€699▼
Equity and liabilities
Total equity and liabilities10/49€96,007€42,795▼
Equity10/15€42,269€15,778▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€40,269€13,778▼
Amounts payable17/49€53,738€27,017▼
Amounts payable within one year42/48€53,738€27,017▼
Trade debts44€33,464€22,011▼
Suppliers440/4€33,464€22,011▼
Taxes, remuneration and social security45€18,187€3,769▼
Taxes450/3€12,694€3,769▼
Remuneration and social security454/9€5,493-
Other amounts payable47/48€2,087€1,237▼
Income statement Code20222023
Remuneration, social security and pensions62€79,333-€5,333▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,871€25,298▲
Other operating charges640/8€317€116▼
Gross operating margin9900€105,583-€4,692▼
Operating profit (loss)9901€19,062-€24,773▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1,783€1,188▼
Recurring financial charges65€1,783€1,188▼
Profit (loss) for the period before taxes9903€17,279-€25,961▼
Income taxes67/77€3,757€530▼
Profit (loss) for the period9904€13,522-€26,491▼
Profit (loss) for the period to be appropriated9905€13,522-€26,491▼
Appropriation of the result
Profit (loss) to be appropriated9906€40,269€13,778▼
Profit (loss) brought forward from the previous period14P€26,746€40,269▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Remuneration, social security and pensions62-€79,333-€5,333-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,871€25,298▲ 268%
Other operating charges640/8€53€317€116▼ 63.4%
Gross operating margin9900€36,134€105,583-€4,692-
Operating profit (loss)9901€36,081€19,062-€24,773-
Financial income75/76B--€0-
Recurring financial income75--€0-
Financial charges65/66B€397€1,783€1,188▼ 33.3%
Recurring financial charges65€397€1,783€1,188▼ 33.3%
Profit (loss) for the period before taxes9903€35,684€17,279-€25,961-
Income taxes67/77€8,938€3,757€530▼ 85.9%
Profit (loss) for the period9904€26,746€13,522-€26,491-
Profit (loss) for the period to be appropriated9905€26,746€13,522-€26,491-
Line202120222023Change
Assets
Total assets20/58€41,014€96,007€42,795▼ 55.4%
Fixed assets21/28-€29,464€25,737▼ 12.7%
Tangible fixed assets22/27-€29,464€25,737▼ 12.7%
Furniture and vehicles24-€29,464€25,737▼ 12.7%
Current assets29/58€41,014€66,542€17,058▼ 74.4%
Amounts receivable within one year40/41€40,878€54,568€16,358▼ 70.0%
Trade receivables40€39,520€49,933€12,314▼ 75.3%
Other amounts receivable41€1,358€4,635€4,045▼ 12.7%
Cash at bank and in hand54/58€136€11,975€699▼ 94.2%
Equity and liabilities
Total equity and liabilities10/49€41,014€96,007€42,795▼ 55.4%
Equity10/15€28,746€42,269€15,778▼ 62.7%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€26,746€40,269€13,778▼ 65.8%
Amounts payable17/49€12,268€53,738€27,017▼ 49.7%
Amounts payable within one year42/48€10,254€53,738€27,017▼ 49.7%
Trade debts44€1,316€33,464€22,011▼ 34.2%
Suppliers440/4€1,316€33,464€22,011▼ 34.2%
Taxes, remuneration and social security45€8,938€18,187€3,769▼ 79.3%
Taxes450/3€8,938€12,694€3,769▼ 70.3%
Remuneration and social security454/9-€5,493--
Other amounts payable47/48-€2,087€1,237▼ 40.7%
Accrued charges and deferred income492/3€2,014---
Line202120222023Change
Profit (loss) for the period9904€26,746€13,522-€26,491-
+ Depreciation and write-downs630-€6,871€25,298▲ 268%
Operating cash flow (approximation)€26,746€20,393-€1,193-
Investment in fixed assets (approximation)---€21,570-
Change in cash-€11,839-€11,275-

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 (3)
Financial year Type Filed Reference
31-12-2023 micro format 25-06-2024 2024-00159317
31-12-2022 micro format 23-06-2023 2023-00151115
31-12-2021 micro format 13-07-2022 2022-20178877

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 10,986 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
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Jan Delen
Desguinlei 100 Bus 4, 2018 Antwerpen 1
27-05-2025 → 22-07-2026

Owners and capital

Owners

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

History

On 9 September 2020, OGN CONSTRUCT was incorporated as a private limited company.1 In 2025 the registered office moved to Zaventem.2 Total assets went from €41,014 in 2021 to €42,795 in 2023.3 The company was declared bankrupt on 27 May 2025; the bankruptcy was closed on 22 July 2026.45

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-03-2025
  3. 3National Bank, annual accounts 2021 and 2023
  4. 4Belgian Official Gazette, 03-06-2025
  5. 5Belgian Official Gazette, 29-07-2026

Acts, filings and financial milestones

2026
29-07
Bankruptcy Bankruptcy closure (insufficient assets)
Enterprise Court of Brussels · judgment of 22-07-2026
2025
20-06
KBO administration Address struck
Imperiastraat 12 1930 Die Sitzadresse Imperiastraat 12 1930 Zaventem · event 16-04-2025
03-06
Bankruptcy Opening
Enterprise Court of Brussels · judgment of 27-05-2025
05-03
Gazette deed Appointment: Yordanov Miroslav Yankov (director)
Resignation: Gozel Ogun (director) · Share transfer · Registered-office move5 facts ▸
  • General meeting, 31-12-2024
  • Director appointment, Yordanov Miroslav Yankov (director)
  • Director resignation, Gozel Ogun (director)
  • Share transfer, Gozel Ogun → Yordanov Miroslav Yankov
  • Registered-office move, IMPERIASTRAAT 12,1930 Zaventem
2024
25-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Weakest financial yearnet -€26,491
Net result drops to -€26,491, the lowest in the series.
23-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
13-07
NBB filing Annual accounts filed
financial year 2021 · micro format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-09-2020
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43240Other construction installation
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 18 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
Registered office, Zaventem · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
4,196 m²
Building footprint
1,141 m²
Building volume
11,795 m³
2 parcels, Flanders · tallest building 17.4 m. Linked by address, not a title deed.
1 establishment unit
OGN CONSTRUCT
General construction of residential buildings
since 2020unit no. 2.306.943.872
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23094D0009/00B000 Flanders 3,547 m² 1 · 812 m² 17.4 m · 5
23015C0111/00W000 Flanders 649 m² 1 · 329 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.