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PLATINIUM CONSTRUCT

Bankruptcy
Private limited company (pre-2019)founded 2019Lindestraat 58, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0720.805.911
Summary

The KBO register records for PLATINIUM CONSTRUCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €119,738 and a net result of €59,010.

PLATINIUM CONSTRUCTBankruptcy

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

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.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

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

1 signal.
+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
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PLATINIUM CONSTRUCT was incorporated on 15 February 2019.1 Total assets rose from EUR 228,621 in 2019 to EUR 410,586 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

Go further with this company

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

Financials · fiscal year 2021, micro schema

Equity
€119,738▲ 97.2%
2020 · €60,728
Total assets
€410,586▲ 76.2%
2020 · €233,062
Net result
€59,010▲ 71.3%
2020 · €34,446
Working capital
€62,528▲ 261%
2020 · €17,306
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result€33,329-€53,714▲ 61.2%€88,862▲ 65.4%
Net result€20,082-€34,446above the sector's middle half▲ 71.5%€59,010above the sector's middle half▲ 71.3%
Equity€26,282-€60,728within the sector's middle half▲ 131%€119,738within the sector's middle half▲ 97.2%
Total assets€228,621-€233,062within the sector's middle half▲ 1.9%€410,586above the sector's middle half▲ 76.2%
Debt€202,339-€172,334▼ 14.8%€290,848▲ 68.8%
Working capital-€10,126-€17,306within the sector's middle half€62,528within the sector's middle half▲ 261%
Solvency11.5%-26.1%within the sector's middle half▲ 14.6pp29.2%within the sector's middle half▲ 3.1pp
Current ratio0.93-1.13within the sector's middle half▲ 0.201.27within the sector's middle half▲ 0.14
Return on assets (ROA)8.8%-14.8%within the sector's middle half▲ 6.0pp14.4%within the sector's middle half▼ 0.4pp
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
€0€25,000€50,000€75,000€100,000Operating result 2019: €33,329€33,329Net result 2019: €20,082€20,082Operating result 2020: €53,714€53,714Net result 2020: €34,446€34,446Operating result 2021: €88,862€88,862Net result 2021: €59,010€59,010201920202021€0€25,000€50,000€75,000€100,000Operating result 2019: €33,329€33,300Net result 2019: €20,082€20,100Operating result 2020: €53,714€53,700Net result 2020: €34,446€34,400Operating result 2021: €88,862€88,900Net result 2021: €59,010€59,000201920202021
The operating result has risen two years in a row; 2021 is 65% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €410,586
Fixed assets €113,277 ▲ 38.0%
Current assets €297,309 ▲ 96.9%
Equity and liabilities €410,586
Equity €119,738 ▲ 97.2%
Debt €290,848 ▲ 68.8%
Debt's share of the balance-sheet total falls from 73.9% to 70.8%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€115,994▲
2020 · €74,816
Cash flow
€86,142▲
2020 · €55,548
Debt to equity
2.43▼
2020 · 2.84
ROE
49.3%▼
2020 · 56.7%
Interest coverage
31.21▼
2020 · 35.45
Debt ≤ 1 year
€234,781▲
2020 · €133,661
Debt > 1 year
€56,067▲
2020 · €38,673
Income taxes
€26,137▲
2020 · €17,158
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 · 2021 against 2020 · 43 lines
Balance sheet Code20202021
Assets
Total assets20/58€233,062€410,586▲
Fixed assets21/28€82,095€113,277▲
Tangible fixed assets22/27€82,095€113,277▲
Plant, machinery and equipment23€19,859€16,723▼
Furniture and vehicles24€415€0▼
Leasing and similar rights25€61,821€96,554▲
Current assets29/58€150,967€297,309▲
Amounts receivable within one year40/41€59,885€154,980▲
Trade receivables40€57,334€153,691▲
Other amounts receivable41€2,551€1,289▼
Cash at bank and in hand54/58€30,519€81,792▲
Deferred charges and accrued income490/1€60,564€60,537=
Equity and liabilities
Total equity and liabilities10/49€233,062€410,586▲
Equity10/15€60,728€119,738▲
Contributions10/11€6,200€6,200=
Reserves13€1,004€1,004=
Non-distributable reserves130/1€1,004€1,004=
Reserves not available under the articles1311€1,004€1,004=
Profit (loss) carried forward14€53,524€112,534▲
Amounts payable17/49€172,334€290,848▲
Amounts payable after more than one year17€38,673€56,067▲
Financial debts170/4€38,673€56,067▲
Amounts payable within one year42/48€133,661€234,781▲
Current portion of amounts payable after more than one year42€18,325€27,649▲
Trade debts44€70,001€106,520▲
Suppliers440/4€70,001€106,520▲
Taxes, remuneration and social security45€45,335€90,612▲
Taxes450/3€45,335€90,612▲
Other amounts payable47/48-€10,000
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,103€27,132▲
Other operating charges640/8€2,746€2,800▲
Gross operating margin9900€77,562€118,795▲
Operating profit (loss)9901€53,714€88,862▲
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€2,110€3,717▲
Recurring financial charges65€2,110€3,717▲
Profit (loss) for the period before taxes9903€51,604€85,147▲
Income taxes67/77€17,158€26,137▲
Profit (loss) for the period9904€34,446€59,010▲
Profit (loss) for the period to be appropriated9905€34,446€59,010▲
Appropriation of the result
Profit (loss) to be appropriated9906€53,524€112,534▲
Profit (loss) brought forward from the previous period14P€19,078€53,524▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,896€21,103€27,132▲ 28.6%
Other operating charges640/8-€2,746€2,800▲ 2.0%
Gross operating margin9900€47,041€77,562€118,795▲ 53.2%
Operating profit (loss)9901€33,329€53,714€88,862▲ 65.4%
Financial income75/76B-€1€1▲ 77.5%
Recurring financial income75€208€1€1▲ 77.5%
Financial charges65/66B-€2,110€3,717▲ 76.1%
Recurring financial charges65€1,463€2,110€3,717▲ 76.1%
Profit (loss) for the period before taxes9903€32,074€51,604€85,147▲ 65.0%
Income taxes67/77€11,991€17,158€26,137▲ 52.3%
Profit (loss) for the period9904€20,082€34,446€59,010▲ 71.3%
Profit (loss) for the period to be appropriated9905€20,082€34,446€59,010▲ 71.3%
Line201920202021Change
Assets
Total assets20/58€228,621€233,062€410,586▲ 76.2%
Fixed assets21/28€89,421€82,095€113,277▲ 38.0%
Tangible fixed assets22/27€89,421€82,095€113,277▲ 38.0%
Plant, machinery and equipment23-€19,859€16,723▼ 15.8%
Furniture and vehicles24-€415€0▼ 100%
Leasing and similar rights25-€61,821€96,554▲ 56.2%
Current assets29/58€139,200€150,967€297,309▲ 96.9%
Amounts receivable within one year40/41€70,871€59,885€154,980▲ 159%
Trade receivables40-€57,334€153,691▲ 168%
Other amounts receivable41-€2,551€1,289▼ 49.5%
Cash at bank and in hand54/58€12,705€30,519€81,792▲ 168%
Deferred charges and accrued income490/1-€60,564€60,537=
Equity and liabilities
Total equity and liabilities10/49€228,621€233,062€410,586▲ 76.2%
Equity10/15€26,282€60,728€119,738▲ 97.2%
Contributions10/11€6,200€6,200€6,200=
Reserves13€1,004€1,004€1,004=
Non-distributable reserves130/1-€1,004€1,004=
Reserves not available under the articles1311-€1,004€1,004=
Profit (loss) carried forward14€19,078€53,524€112,534▲ 110%
Amounts payable17/49€202,339€172,334€290,848▲ 68.8%
Amounts payable after more than one year17€53,012€38,673€56,067▲ 45.0%
Financial debts170/4-€38,673€56,067▲ 45.0%
Amounts payable within one year42/48€149,326€133,661€234,781▲ 75.7%
Current portion of amounts payable after more than one year42-€18,325€27,649▲ 50.9%
Trade debts44€114,548€70,001€106,520▲ 52.2%
Suppliers440/4-€70,001€106,520▲ 52.2%
Taxes, remuneration and social security45-€45,335€90,612▲ 99.9%
Taxes450/3-€45,335€90,612▲ 99.9%
Other amounts payable47/48--€10,000-
Line201920202021Change
Profit (loss) for the period9904€20,082€34,446€59,010▲ 71.3%
+ Depreciation and write-downs630€10,896€21,103€27,132▲ 28.6%
Operating cash flow (approximation)€30,979€55,548€86,142▲ 55.1%
Investment in fixed assets (approximation)--€13,776-€58,314▼ 323%
Change in cash-€17,814€51,273▲ 188%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
18-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 140 days late
02-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 306 days late
2021
31-12
Financial Highest result since 2019net €59,010 ▲71.3%
Operating result €88,862, net result €59,010, both a record.
31-12
Financial Equity above €100,000Eq €119,738 ▲97.2%
3 profitable years in a row build equity to €119,738.
04-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 216 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Schaarbeek · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
550 m²
Building footprint
259 m²
Volume, LiDAR
2,604 m³
2 parcels, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PLATINIUM CONSTRUCT
Manufacture of other non-metallic mineral products
since 20192.285.817.668
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21902A0205/00D006 Brussels 445 m² 1 · 170 m² 16.8 m · 3 fl.
21015A0203/00H002 Brussels 105 m² 1 · 89 m² 17.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,141 companies in sector 43910 we hold annual accounts for 5,493. 4,792 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)
Founded15-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
41003General construction of other non-residential buildings
43320Joinery installation
43331Floor and wall tiling
43350Other building finishing work
Contact
Phone 00000000000
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 27 September 2026 · Peppol Directory

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