P& L CONSTRUCT DECORATION
Open bankruptcyA bankruptcy procedure is open for P& L CONSTRUCT DECORATION according to publications in the Belgian State Gazette; curator: SVEN DE MAESENEER.
Summary
The 2023 annual accounts show equity of €203k and a net result of €50k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 15-01-2024, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
16 d early
2022
25 d early
2021
4 d early
2020
6 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€369k▼ 5.0%
2022 · €388k
2019: €383k
2020: €175k
2021: €299k
2022: €388k
2019 → 2023
EBIT margin
13.9%▲ 6.7pp
2022 · 7.2%
2019: 6.8%
2020: 0.7%
2021: 17.7%
2022: 7.2%
2019 → 2023
Net result
€50k▲ 49.9%
2022 · €34k
2019: €23k
2020: €5k
2021: €51k
2022: €34k
2019 → 2023
Working capital
€203k▲ 34.9%
2022 · €150k
2019: €62k
2020: €68k
2021: €119k
2022: €150k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€383k-€175k▼ 54.4%€299k▲ 71.2%€388k▲ 29.7%€369k▼ 5.0%
Equity€62k-€68k▲ 8.6%€119k▲ 75.5%€152k▲ 28.2%€203k▲ 32.9%
Operating result€26k-€1k▼ 95.5%€53k▲ 4,402%€28k▼ 47.4%€51k▲ 83.5%
Net result€23k-€5k▼ 76.9%€51k▲ 851%€34k▼ 34.5%€50k▲ 49.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 83% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €290k
Equity
€203k ▲ 32.9%
Debt
€87k ▲ 1.1%
Debt's share of the balance-sheet total falls from 36.1% to 30.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2022 · €30k
Cash flow
€52k▲
2022 · €36k
Current ratio
3.33▲
2022 · 2.74
Debt to equity
0.43▼
2022 · 0.56
ROE
24.8%▲
2022 · 22.0%
ROA
17.3%▲
2022 · 14.0%
Interest coverage
56.77▲
2022 · 22.74
Debt ≤ 1 year
€87k▲
2022 · €86k
Income taxes
€13k▲
2022 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet
Code20222023
Assets
Total assets20/58€239k€290k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Current assets29/58€236k€290k▲
Amounts receivable within one year40/41€234k€282k▲
Trade receivables40€26k€57k▲
Other amounts receivable41€208k€225k▲
Cash at bank and in hand54/58€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€239k€290k▲
Equity10/15€152k€203k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€144k€195k▲
Amounts payable17/49€86k€87k▲
Amounts payable within one year42/48€86k€87k▲
Financial debts43€2k€2k▼
Other loans439€2k€2k▼
Trade debts44€60k€48k▼
Suppliers440/4€46k€5k▼
Bills of exchange payable441€13k€44k▲
Taxes, remuneration and social security45€25k€37k▲
Taxes450/3€4k€13k▲
Remuneration and social security454/9€21k€24k▲
Income statement
Code20222023
Turnover70€388k€369k▼
Goods, raw materials, services and sundry goods60/61€354k€312k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€4k€3k▼
Gross operating margin9900€34k€57k▲
Operating profit (loss)9901€28k€51k▲
Financial income75/76B€15k€14k▼
Recurring financial income75€15k€14k▼
Financial charges65/66B€1k€940▼
Recurring financial charges65€1k€940▼
Profit (loss) for the period before taxes9903€41k€64k▲
Transfer from deferred taxes780€279-
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€34k€50k▲
Profit (loss) for the period to be appropriated9905€34k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€195k▲
Profit (loss) brought forward from the previous period14P€111k€144k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · P & L CONSTRUCT DECORA- TION BV VANDERHOEVENSTRAAT 11, 1210 SINT-JOOST-TEN- NODE · event 22-10-2024
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Equity above €200kEq €203k ▲32.9%
5 profitable years in a row build equity to €203k.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €150kEq €152k ▲28.2%
4 profitable years in a row build equity to €152k.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €51k ▲851%
Operating result €53k, net result €51k, both a record.
30-06
Financial
Equity above €100kEq €119k ▲75.5%
3 profitable years in a row build equity to €119k.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €5k ▼76.9%
Net result drops to €5k, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
07-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vanderhoevenstraat 111210 Sint-Joost-ten-NodeGround area
107 m²
Building footprint
75 m²
Volume, LiDAR
968 m³
Parcel 21572C0023/00R000, Brussels · tallest building 22.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
P & L Construct Decoration
since 20122.213.508.623
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572C0023/00R000 | Brussels | 107 m² | 1 · 75 m² | 22.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | SVEN DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
22-10-2024 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,841 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-09-2012
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.