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PERFECT.WORK

Open bankruptcy
Private limited company (pre-2019)founded 2016KBO/BCE: BE 0658.834.193

A bankruptcy procedure is open for PERFECT.WORK according to publications in the Belgian State Gazette; curator: PIETER WAUMAN.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €85,955 and a net result of €45,338.

PERFECT.WORKOpen bankruptcy

Are 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 Ghent, Dendermonde division
Declared bankrupt
9 September 2024
Supervising judge
Harry Cornelis
Official Gazette
16-09-2024 (pdf) ↗search the document for 2024/134379

Deadlines

Provisional date payments stopped
9 March 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 1 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 9 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 18 October 2024Goods 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
passed on 9 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pieter WaumanVijfstraten 57, 9100 Sint- Niklaaspieter.wauman@truyensadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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

History

PERFECT.WORK was incorporated on 8 July 2016.1 Total assets rose from EUR 54,308 in 2019 to EUR 130,463 in 2022.2 On 9 September 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 16-09-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€85,955▲ 112%
2021 · €40,616
Total assets
€130,463▲ 12.5%
2021 · €116,002
Net result
€45,338▲ 195%
2021 · €15,343
Working capital
€77,107▲ 129%
2021 · €33,600
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result€19,884-€3,766▼ 81.1%€22,513▲ 498%€65,975▲ 193%
Net result€14,067-€2,344within the sector's middle half▼ 83.3%€15,343within the sector's middle half▲ 555%€45,338above the sector's middle half▲ 195%
Equity€22,929-€25,273within the sector's middle half▲ 10.2%€40,616within the sector's middle half▲ 60.7%€85,955within the sector's middle half▲ 112%
Total assets€54,308-€69,778within the sector's middle half▲ 28.5%€116,002within the sector's middle half▲ 66.2%€130,463within the sector's middle half▲ 12.5%
Debt€31,379-€44,505▲ 41.8%€75,386▲ 69.4%€44,509▼ 41.0%
Working capital€21,994-€24,855within the sector's middle half▲ 13.0%€33,600within the sector's middle half▲ 35.2%€77,107above the sector's middle half▲ 129%
Solvency42.2%-36.2%within the sector's middle half▼ 6.0pp35.0%within the sector's middle half▼ 1.2pp65.9%above the sector's middle half▲ 30.9pp
Current ratio1.70-1.56within the sector's middle half▼ 0.141.57within the sector's middle half▲ 0.013.32above the sector's middle half▲ 1.75
Return on assets (ROA)25.9%-3.4%within the sector's middle half▼ 22.5pp13.2%within the sector's middle half▲ 9.9pp34.8%above the sector's middle half▲ 21.5pp
Staff (FTE)0.4-
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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
€0€20,000€40,000€60,000Operating result 2019: €19,884€19,884Net result 2019: €14,067€14,067Operating result 2020: €3,766€3,766Net result 2020: €2,344€2,344Operating result 2021: €22,513€22,513Net result 2021: €15,343€15,343Operating result 2022: €65,975€65,975Net result 2022: €45,338€45,3382019202020212022€0€20,000€40,000€60,000Operating result 2020: €3,766€3,770Net result 2020: €2,344€2,340Operating result 2021: €22,513€22,500Net result 2021: €15,343€15,300Operating result 2022: €65,975€66,000Net result 2022: €45,338€45,300202020212022
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 193% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €130,463
Fixed assets €20,121 ▼ 12.5%
Current assets €110,343 ▲ 18.6%
Equity and liabilities €130,463
Equity €85,955 ▲ 112%
Debt €44,509 ▼ 41.0%
Debt's share of the balance-sheet total falls from 65.0% to 34.1%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€72,424▲
2021 · €27,850
Cash flow
€51,788▲
2021 · €20,680
Debt to equity
0.52▲
2021 · 0.39
ROE
52.7%▲
2021 · 37.8%
Interest coverage
10.99
Debt ≤ 1 year
€33,236▼
2021 · €59,409
Debt > 1 year
€11,273▼
2021 · €15,977
Income taxes
€14,565▲
2021 · €4,626
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 · 2022 against 2021 · 47 lines
Balance sheet Code20212022
Assets
Total assets20/58€116,002€130,463▲
Fixed assets21/28€22,993€20,121▼
Tangible fixed assets22/27€22,918€20,046▼
Plant, machinery and equipment23-€745
Furniture and vehicles24-€2,612
Leasing and similar rights25-€16,689
Financial fixed assets28€75€75=
Current assets29/58€93,009€110,343▲
Amounts receivable within one year40/41€90,867€109,427▲
Trade receivables40-€67,090
Other amounts receivable41-€42,337
Cash at bank and in hand54/58€1,638€419▼
Deferred charges and accrued income490/1-€496
Equity and liabilities
Total equity and liabilities10/49€116,002€130,463▲
Equity10/15€40,616€85,955▲
Contributions10/11-€6,200
Reserves13€33,703€33,703=
Non-distributable reserves130/1-€703
Reserves not available under the articles1311-€703
Distributable reserves133-€33,000
Profit (loss) carried forward14€713€46,051▲
Amounts payable17/49€75,386€44,509▼
Amounts payable after more than one year17€15,977€11,273▼
Financial debts170/4-€11,273
Amounts payable within one year42/48€59,409€33,236▼
Current portion of amounts payable after more than one year42-€4,704
Financial debts43-€2,189
Credit institutions430/8-€2,189
Trade debts44€34,652€6,954▼
Suppliers440/4-€6,954
Taxes, remuneration and social security45-€17,888
Taxes450/3-€17,888
Other amounts payable47/48-€1,500
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,337€6,449▲
Other operating charges640/8-€3,200
Gross operating margin9900€31,119€75,624▲
Operating profit (loss)9901€22,513€65,975▲
Financial income75/76B-€520
Recurring financial income75€622€520▼
Financial charges65/66B-€6,592
Recurring financial charges65€3,166€6,592▲
Profit (loss) for the period before taxes9903€19,969€59,903▲
Income taxes67/77€4,626€14,565▲
Profit (loss) for the period9904€15,343€45,338▲
Profit (loss) for the period to be appropriated9905€15,343€45,338▲
Appropriation of the result
Profit (loss) to be appropriated9906-€46,051
Profit (loss) brought forward from the previous period14P-€713

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€517€517€5,337€6,449▲ 20.8%
Other operating charges640/8---€3,200-
Gross operating margin9900€46,178€9,408€31,119€75,624▲ 143%
Operating profit (loss)9901€19,884€3,766€22,513€65,975▲ 193%
Financial income75/76B---€520-
Recurring financial income75€129€1,970€622€520▼ 16.4%
Financial charges65/66B---€6,592-
Recurring financial charges65€2,082€1,763€3,166€6,592▲ 108%
Profit (loss) for the period before taxes9903€17,931€3,973€19,969€59,903▲ 200%
Income taxes67/77€3,864€1,629€4,626€14,565▲ 215%
Profit (loss) for the period9904€14,067€2,344€15,343€45,338▲ 195%
Profit (loss) for the period to be appropriated9905€14,067€2,344€15,343€45,338▲ 195%
Line2019202020212022Change
Assets
Total assets20/58€54,308€69,778€116,002€130,463▲ 12.5%
Fixed assets21/28€935€418€22,993€20,121▼ 12.5%
Tangible fixed assets22/27€860€343€22,918€20,046▼ 12.5%
Plant, machinery and equipment23---€745-
Furniture and vehicles24---€2,612-
Leasing and similar rights25---€16,689-
Financial fixed assets28€75€75€75€75=
Current assets29/58€53,373€69,360€93,009€110,343▲ 18.6%
Amounts receivable within one year40/41€46,181€61,879€90,867€109,427▲ 20.4%
Trade receivables40---€67,090-
Other amounts receivable41---€42,337-
Cash at bank and in hand54/58€7,084€6,976€1,638€419▼ 74.4%
Deferred charges and accrued income490/1---€496-
Equity and liabilities
Total equity and liabilities10/49€54,308€69,778€116,002€130,463▲ 12.5%
Equity10/15€22,929€25,273€40,616€85,955▲ 112%
Contributions10/11€6,200€0-€6,200-
Reserves13€16,703€19,003€33,703€33,703=
Non-distributable reserves130/1---€703-
Reserves not available under the articles1311---€703-
Distributable reserves133---€33,000-
Profit (loss) carried forward14€26€70€713€46,051▲ 6,359%
Amounts payable17/49€31,379€44,505€75,386€44,509▼ 41.0%
Amounts payable after more than one year17--€15,977€11,273▼ 29.4%
Financial debts170/4---€11,273-
Amounts payable within one year42/48€31,379€44,505€59,409€33,236▼ 44.1%
Current portion of amounts payable after more than one year42---€4,704-
Financial debts43---€2,189-
Credit institutions430/8---€2,189-
Trade debts44€21,559€35,166€34,652€6,954▼ 79.9%
Suppliers440/4---€6,954-
Taxes, remuneration and social security45---€17,888-
Taxes450/3---€17,888-
Other amounts payable47/48---€1,500-
Line2019202020212022Change
Profit (loss) for the period9904€14,067€2,344€15,343€45,338▲ 195%
+ Depreciation and write-downs630€517€517€5,337€6,449▲ 20.8%
Operating cash flow (approximation)€14,584€2,861€20,680€51,788▲ 150%
Investment in fixed assets (approximation)-€0-€27,912-€3,577▲ 87.2%
Change in cash--€108-€5,338-€1,219▲ 77.2%

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

Timeline · acts, filings and financial milestones

2024
20-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 598 days late
16-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 09-09-2024
22-03
KBO administration Address struck
event 30-01-2024
2022
30-06
Financial Highest result since 2019net €45,338 ▲195%
Operating result €65,975, net result €45,338, both a record.
30-06
Financial Liquidity doublescurrent ratio 3.32
Current ratio from 1.57 to 3.32; short-term debt falls from €59,409 to €33,236.
01-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial Weakest financial yearnet €2,344 ▼83.3%
Net result drops to €2,344, the lowest in the series.
12-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors
2 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, Dendermonde · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
103 m²
Building footprint
103 m²
Volume, LiDAR
745 m³
Parcel 42002C0351/00Z000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PERFECT.WORK
Specialised construction activities
since 20162.255.619.093
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42002C0351/00Z000
ProtectedMonumentFabriekswijk Vermylen: personeelswoningSource ↗
Flanders 103 m² 1 · 103 m² 12.6 m · 3 fl.
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PIETER WAUMAN
VIJFSTRATEN 57, 9100 SINT- NIKLAAS
09-09-2024 → present

Similar companies · same sector, comparable size

Of 1,706 companies in sector 81230 we hold annual accounts for 473. 371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-2016
Fiscal year end30-06
Activities, NACEBEL 2025
81230Other cleaning 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 29 September 2026 · Peppol Directory

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