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pmy construction

Open bankruptcy
Private limited company (pre-2019)founded 2017Tessenderlosesteenweg 8, 3583 Beringen, BelgiumKBO/BCE: BE 0684.789.712
Summary

A bankruptcy procedure is open for pmy construction according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €188,220 and a net result of €166,740.

pmy constructionOpen 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 Antwerp, Hasselt division
Declared bankrupt
27 October 2022
Supervising judge
Guy Vloeberghs
Official Gazette
04-11-2022 (pdf) ↗search the document for 2022/139995

Deadlines

Provisional date payments stopped
27 October 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 19 November 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 26 November 2022art. XX.104 and XX.155 CEL
First verification report
passed on 8 December 2022Goods 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 27 October 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

  • Johan DehaeseLuikersteenweg 187, 3500 Hasseltjohandehaese@dehaese.be
  • Lieve DehaeseLuiker- Steenweg 187, 3500 Hasseltlievedehaese@dehaese.be
  • Jessie DeckmynLuikersteenweg 187, 3500 Hasseltjessiedeckmyn@dehaese.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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What stands out

  1. Declared bankrupt 27-10-2022trustee: Johan Dehaese founded 2017 judgment 2022
  2. Accounts not filed 1523 d latedeadline was 31-07-2022
  3. Result rose in 2020 ▲ 2,606%from €6,161 to €166,740€6,160€167,000 2019 2020

Overview

What they do
General construction of residential buildings
NACE 41001 · 1 site
How big
€208,933total assets 2020
Equity €188,220 · Profit €166,740
Financially healthy?
No score
Who decides
Not known
Open bankruptcy: no scoreAccounts 1523 d overdue0 of 5 deeds readTurnover not published (abridged schema)
Signals- Open bankruptcyShow the evidence

Signals

1 signal.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
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
  1. OpeningOndernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  2. Annual accounts filedfiscal year 2020 · micro…
  3. Highest result since 2018net €166,740 ▲2,606%

Financials

Fiscal year 2020Total assets €208,933Profit €166,740Solvency 90.1%Liquidity 10.09
Turnover
€253,681▼ 40.8%
2018 - 2019
Net result
€166,740▲ 2,606%
2018 - 2020
Equity
€188,220▲ 776%
2018 - 2020
Solvency
90.1%▲ 61.7pp
2018 - 2020

Financials · fiscal year 2020, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line201820192020
Turnover€428,202-€253,681▼ 40.8%
Operating result€7,152-€10,402▲ 45.4%€166,790▲ 1,503%
Net result€5,119-€6,161▲ 20.3%€166,740above the sector's middle half▲ 2,606%
EBIT margin1.7%-4.1%▲ 2.4pp
Equity€11,319-€21,480▲ 89.8%€188,220above the sector's middle half▲ 776%
Total assets€48,206-€75,742▲ 57.1%€208,933within the sector's middle half▲ 176%
Debt€36,887-€54,262▲ 47.1%€20,713▼ 61.8%
Working capital€11,319-€21,480▲ 89.8%€188,220above the sector's middle half▲ 776%
Solvency23.5%-28.4%▲ 4.9pp90.1%above the sector's middle half▲ 61.7pp
Current ratio1.31-1.40▲ 0.0910.09above the sector's middle half▲ 8.69
Return on assets (ROA)10.6%-8.1%▼ 2.5pp79.8%above the sector's middle half▲ 71.7pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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 and balance sheet2020
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2018: €7,152€7,152Net result 2018: €5,119€5,119Operating result 2019: €10,402€10,402Net result 2019: €6,161€6,161Operating result 2020: €166,790€166,790Net result 2020: €166,740€166,740201820192020€0€50,000€100,000€150,000Operating result 2018: €7,152€7,150Net result 2018: €5,119Operating result 2019: €10,402€10,400Net result 2019: €6,161€6,160Operating result 2020: €166,790€167,000Net result 2020: €166,740€167,000201820192020
The operating result has risen two years in a row; 2020 is 1,503% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €208,933
Equity €188,220 ▲ 776%
Debt €20,713 ▼ 61.8%
Debt's share of the balance-sheet total falls from 71.6% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios2020
Key figures and ratios
2020 value · change against 2019
Debt to equity
0.11
ROE
88.6%▲
2019 · 28.7%
Debt ≤ 1 year
€20,713▼
2019 · €54,262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2020
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 30 lines
Balance sheet Code20192020
Assets
Total assets20/58€75,742€208,933▲
Current assets29/58€75,742€208,933▲
Amounts receivable within one year40/41€68,740€208,491▲
Trade receivables40-€188,059
Other amounts receivable41-€20,432
Cash at bank and in hand54/58€7,002€441▼
Equity and liabilities
Total equity and liabilities10/49€75,742€208,933▲
Equity10/15€21,480€188,220▲
Contributions10/11€10,200€10,200=
Reserves13€11,280€11,280=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Distributable reserves133-€9,420
Profit (loss) carried forward14-€166,740
Amounts payable17/49€54,262€20,713▼
Amounts payable within one year42/48€54,262€20,713▼
Trade debts44€50,565€15,692▼
Suppliers440/4-€15,692
Taxes, remuneration and social security45-€5,020
Taxes450/3-€5,020
Income statement Code20192020
Turnover70€253,681-
Gross operating margin9900€10,464€166,790▲
Operating profit (loss)9901€10,402€166,790▲
Financial charges65/66B-€50
Recurring financial charges65€2,413€50▼
Profit (loss) for the period before taxes9903€7,989€166,740▲
Income taxes67/77€1,829-
Profit (loss) for the period9904€6,161€166,740▲
Profit (loss) for the period to be appropriated9905€6,161€166,740▲
Appropriation of the result
Profit (loss) to be appropriated9906-€166,740

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020Change
Turnover70€428,202€253,681--
Gross operating margin9900€7,577€10,464€166,790▲ 1,494%
Operating profit (loss)9901€7,152€10,402€166,790▲ 1,503%
Financial charges65/66B--€50-
Recurring financial charges65€429€2,413€50▼ 97.9%
Profit (loss) for the period before taxes9903€6,724€7,989€166,740▲ 1,987%
Income taxes67/77€1,604€1,829--
Profit (loss) for the period9904€5,119€6,161€166,740▲ 2,606%
Profit (loss) for the period to be appropriated9905€5,119€6,161€166,740▲ 2,606%
Line201820192020Change
Assets
Total assets20/58€48,206€75,742€208,933▲ 176%
Current assets29/58€48,206€75,742€208,933▲ 176%
Amounts receivable within one year40/41€48,206€68,740€208,491▲ 203%
Trade receivables40--€188,059-
Other amounts receivable41--€20,432-
Cash at bank and in hand54/58€0€7,002€441▼ 93.7%
Equity and liabilities
Total equity and liabilities10/49€48,206€75,742€208,933▲ 176%
Equity10/15€11,319€21,480€188,220▲ 776%
Contributions10/11€6,200€10,200€10,200=
Reserves13€5,119€11,280€11,280=
Non-distributable reserves130/1--€1,860-
Reserves not available under the articles1311--€1,860-
Distributable reserves133--€9,420-
Profit (loss) carried forward14--€166,740-
Amounts payable17/49€36,887€54,262€20,713▼ 61.8%
Amounts payable within one year42/48€36,887€54,262€20,713▼ 61.8%
Trade debts44€19,627€50,565€15,692▼ 69.0%
Suppliers440/4--€15,692-
Taxes, remuneration and social security45--€5,020-
Taxes450/3--€5,020-
Line201820192020Change
Profit (loss) for the period9904€5,119€6,161€166,740▲ 2,606%
Operating cash flow (approximation)€5,119€6,161€166,740▲ 2,606%
Change in cash-€7,001-€6,560▼ 194%

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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Comparable companies5

Board & ownership

Directors

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →

Insolvency mandates

4 mandates
Role Name Tenure
Curator JOHAN DEHAESE
Luikersteenweg 187, 3500 Hasselt
27-10-2022 → present
Curator LIEVE DEHAESE
Luiker- Steenweg 187, 3500 Hasselt
27-10-2022 → present
Curator JESSIE DECKMYN
Luikersteenweg 187, 3500 Hasselt
27-10-2022 → present
Curator PATRICK SCHRUERS
Kempische Kaai 7C/1.01, 3500 Hasselt
12-12-2019 → present

Timeline

8 eventsLatest 04-11-2022

History

On 17 November 2017, pmy construction was incorporated.1 Total assets went from €48,206 in 2018 to €208,933 in 2020.2 The company was declared bankrupt on 27 October 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 04-11-2022

Acts, filings and financial milestones

2022
04-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-10-2022
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 318 days late
2020
31-12
Financial Highest result since 2018net €166,740 ▲2,606%
Operating result €166,790, net result €166,740, both a record.
31-12
Financial Liquidity times 7current ratio 10.09
Current ratio from 1.40 to 10.09; short-term debt falls from €54,262 to €20,713.
31-12
Financial Equity above €150,000Eq €188,220 ▲776%
3 profitable years in a row build equity to €188,220.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 365 days late
2019
19-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 12-12-2019
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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.

Support & recognitions

1 register with a recognition
Recognitions · licences · registrations1

Dual-learning approval

5 ended
Elektrische installaties duaal (so)
ended · 2019 to 2024
Elektrotechnisch installateur (vwo)
ended · 2019 to 2024
Industrieel elektrotechnisch installateur (so)
ended · 2019 to 2024
Installateur elektrotechnische basiscomponenten duaal (so)
ended · 2019 to 2024
Residentieel elektrotechnisch installateur (so)
ended · 2019 to 2024

Company details

Private limited company (pre-2019) · founded 17-11-2017Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded17-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43910Bricklaying and masonry work
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 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,335 m²
Building footprint
404 m²
Volume, LiDAR
2,788 m³
Parcel 71382D0685/00K002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tessenderlosesteenweg 8, 3583 Beringen
Manufacture of electrical equipment
since 2017unit no. 2.272.402.271
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71382D0685/00K002 Flanders 1,334 m² 1 · 403 m² 9.5 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.

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