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PIRES CONSTRUCT

Inactive KBO/BCE: BE 0661.942.450

Overview

Lifetime

3 annual accounts with figures on one time axis
Gross marginpeak €12,376 (2017)
€7,379 
Resultlowest -€413 (2020)
-€413 
Equitypeak €12,591 (2020)
€12,591 
Debts
€11,298 
Board4 names since 2021
- 
Documentsfilings and deeds
18-10-202179 days late
2020micro format
Loss of €413No figures for the year before

Key points

from the 2020 annual accounts, the last ones filed

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober2017201820192020

The 2017 accounts came latest: 153 days after the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 06-05-2025 · Bankruptcy
Address struck KBO administration
Bankruptcy published Enterprise Court of Brussels · judgment of 16-05-2023 · Bankruptcy
Transfer of 1,000 shares to Dos Santos Douglas William Resignation: Pedro Ramos Francisco José (director) · Appointment: Dos Santos Douglas William (director) · Director discharge: Pedro Ramos Francisco José · General meeting of 01-12-2021 · Gazette deed
All 12 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 06-09-2016 · bankruptcy closed on 06-05-2025
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

Gross margin
€7,379
Turnover
≈ €56,000estimated
Loss
€413
Equity
€12,591
Total assets
€23,889
Filing
Filed on 18-10-2021
Financials

Insights on PIRES CONSTRUCT

On 16 May 2023 the court declared PIRES CONSTRUCT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 18-10-2021, 79 days late
Gross margin
€7,379
Operating result
€2,640
Loss
-€413
Working capital
€8,259
Solvency
52.7%
Current ratio
1.73

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €56,000. Estimated: probably between €26,000 and €140,000.

Balance sheet

balance sheet total €23,889 on 31-12-2020
What the company ownsHow it is paid for

Change in equity

Change in cash

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020182017
Balance sheet: assets
Total assets20/58 23,88917,1918,267
Fixed assets21/28 4,3327,6952,583
Tangible fixed assets22/27 4,3327,6952,583
Plant, machinery and equipment23 4,3326,762717
Furniture and vehicles24 -9331,867
Current assets29/58 19,5589,4965,683
Amounts receivable within one year40/41 16,9868,0362,896
Trade receivables40 16,9697,1011,877
Other amounts receivable41 179351,019
Cash at bank and in hand54/58 2,5721502,787
Deferred charges and accrued income490/1 -1,310-
Balance sheet: equity and liabilities
Total equity and liabilities10/49 23,88917,1918,267
Equity10/15 12,5919,3904,957
Contributions10/11 1,0001,0001,000
Issued capital100 -1,0001,000
Reserves13 8,3908,3903,957
Distributable reserves133 8,3908,3903,957
Profit (loss) carried forward14 3,201--
Amounts payable17/49 11,2987,8013,310
Amounts payable within one year42/48 11,2987,8013,310
Trade debts44 7,0604,0341,610
Suppliers440/4 7,0604,0341,610
Taxes, remuneration and social security45 4,2393,5001,700
Taxes450/3 4,2393,5001,700
Other amounts payable47/48 -266-
Income statement
Gross operating margin9900 7,37910,44512,376
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 2,3012,4451,113
Other operating charges640/8 3781,7401,301
Non-recurring operating charges66A 2,060--
Operating profit (loss)9901 2,6406,2619,962
Financial income75/76B -38-
Recurring financial income75 -38-
Financial charges65/66B 1,756654,305
Recurring financial charges65 1,756654,305
Profit (loss) for the period before taxes9903 8846,2335,657
Income taxes67/77 1,2971,8001,700
Profit (loss) for the period9904 -4134,4333,957
Profit (loss) for the period to be appropriated9905 -4134,4333,957
Appropriation of the result
Profit (loss) to be appropriated9906 3,2014,4333,957
Transfer to equity691/2 -4,4333,957
To other reserves6921 -4,4333,957
Document PDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 18-10-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 79 days after the deadline. Filed on 18 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-72200371.

Financial year Type Filed Reference Document
31-12-2020 micro format 18-10-2021 2021-72200371 PDF
31-12-2018 micro format 31-12-2019 2019-78100321 PDF
31-12-2017 micro format 31-12-2018 2018-76300390 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020182017
EBITDA 4,9418,70511,075
Cash flow 1,8896,8785,069
Investment in fixed assets -7,5563,696
Change in cash --2,637-
Working capital 8,2591,6952,373
Solvency 52.7%54.6%60.0%
Current ratio 1.731.221.72
Debt to equity 0.900.830.67
ROE -3.3%47.2%79.8%
ROA -1.7%25.8%47.9%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on PIRES CONSTRUCT

The operating result for 2020 is €2,640, against €6,261 in 2018. Comparable figures for the intervening years are unavailable.

Debt's share of the balance-sheet total is 47.3%.

Board & ownership

Curator

1 mandate
Curator, Bleekstraat 11/003, 2800 Mechelen
from 16-05-2023 to 06-05-2025
Also on 255 other cases

Last board

1 director, last change in 2022
Director
appointed by deed of 10-02-2022

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
BoardEarliermandate already running before its first mentionBankruptcy 16-05-2023
Mandates as a list
  • Dos Santos Douglas William
    • Director, appointed by deed of 10-02-2022, until the bankruptcy of 16-05-2023
  • Pedro Ramos Francisco José
    • Manager, appointed by deed of 25-11-2021, until 10-02-2022
  • Nascimento Teodoro Bruno
    • Manager, appointed by deed of 04-10-2021, until 15-11-2021
  • Couzo Lina Luis Antonio
    • Manager, until 04-10-2021

See the board, name and registered office on a given date →

Control

Shares transferred to
Dos Santos Douglas William
This company
PIRES CONSTRUCT
Equity €12,591
Loss €413 in 2020

Capital

Capital
€1,000
Source
2018 annual accounts

Shareholders

Network & group

No group

PIRES CONSTRUCT has no parent and no holdings in its annual accounts. Dos Santos Douglas William is the only director. PIRES CONSTRUCT shares no director with another company.

Timeline

Timeline

12 events since 2016
2025
Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 06-05-2025
2023
Address struck
Bankruptcy published Enterprise Court of Brussels · judgment of 16-05-2023
2022
Transfer of 1,000 shares to Dos Santos Douglas WilliamResignation: Pedro Ramos Francisco José (director) · Appointment: Dos Santos Douglas William (director) · Director discharge: Pedro Ramos Francisco José · General meeting of 01-12-20215 points ▸
  • General meeting, 01-12-2021
  • Director resignation, Pedro Ramos Francisco José
  • Director discharge, Pedro Ramos Francisco José
  • Director appointment, Dos Santos Douglas William
  • Share transfer, Dos Santos Douglas William, 1,000 shares

Open the deed in the Belgian Official Gazette

2021
Transfer of 1,000 shares from Nascimento Teodoro Bruno to Pedro Ramos Francisco JoseResignation: Nascimento Teodoro Bruno (manager) · Appointment: Pedro Ramos Francisco Jose (manager) · Director discharge: Nascimento Teodoro Bruno (manager) · General meeting of 15-11-20216 points ▸
  • General meeting, 15-11-2021
  • Director resignation, Nascimento Teodoro Bruno (manager)
  • Director discharge, Nascimento Teodoro Bruno (manager)
  • Director appointment, Pedro Ramos Francisco Jose (manager)
  • Share transfer, Nascimento Teodoro Bruno → Pedro Ramos Francisco Jose, 1,000 shares
  • Pedro Ramos Francisco Jose holds 1,000 shares

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFmicro format · 79 days late
New managerNascimento Teodoro Bruno appointed, Couzo Lina Luis Antonio resigned · Transfer of shares from Couzo Lina Luis Antonio to Nascimento Teodoro Bruno · Nascimento Teodoro Bruno holds 1,000 shares · General meeting of 23-09-20215 points ▸
  • General meeting, 23-09-2021
  • Director resignation, Couzo Lina Luis Antonio (manager)
  • Director appointment, Nascimento Teodoro Bruno (manager)
  • Share transfer, Couzo Lina Luis Antonio → Nascimento Teodoro Bruno
  • Nascimento Teodoro Bruno holds 1,000 shares

Open the deed in the Belgian Official Gazette

2020
Weakest financial year net -€413 The net result drops to -€413, the lowest from 2017 to 2020.
2019
Annual accounts 2018 filed PDFmicro format · 153 days late
2018
Highest result from 2017 to 2020 net €4,433 ▲12% The net result of €4,433 is the highest of those years.
Annual accounts 2017 filed PDFmicro format · 153 days late
2016
Incorporation PDF7 publications in the Belgian Official Gazette, the last on 15-05-2025

Financial milestones sit on the financial year-end date, not the filing date.

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

History

Total assets rose from €17,191 in 2018 to €23,889 in 2020.1 The bankruptcy of PIRES CONSTRUCT was declared on 16 May 2023 and closed on 6 May 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian Official Gazette, 24-05-2023
  3. 3Belgian Official Gazette, 15-05-2025

Company details

Identity

Enterprise number
0661.942.450
VAT number
BE 0661.942.450
Status
Inactive
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
PIRES CONSTRUCT

Inactive

PIRES CONSTRUCT is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2020
Last registered office
Imperiastraat 8, 1930 Zaventemas published on 10 February 2022
First annual accounts
financial year 2017
Official KBO record