RBW-Construct
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Commercial Court of Leuven
- Declared bankrupt
- 8 June 2017
- Official Gazette
- 13-06-2017 (pdf) ↗search the document for 2017/123783
Deadlines
- Provisional date payments stopped
- 8 June 2017A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 28 June 2017Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 8 July 2017art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 25 July 2017Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 8 June 2018A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Mr Missoul VivianeKoning Albertlaan 186, 3010 Kessel-Lo
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Embed the RBW-Construct company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€207,375total assets 2015
- Staff
- 4 FTE
- Equity
- €3,583
- Loss
- -€5,553
Turnover not published (abbreviated format)
Financial health
Open bankruptcy: no score
Structure
0 of 5 deeds read
Signalsraises riskOpen bankruptcyShow the evidence
Signals
1 signal.
raises risk
Searched, nothing found (1)
- OpeningCommercial Court of Leuven ·…
- Annual accounts filedfinancial year 2015 · abbreviated…
- Annual accounts filedfinancial year 2014 · abbreviated…
Financials · financial year 2015, abbreviated format
2015 annual accounts filed late (162 days) Filed on 9 January 2017, deadline 31 July 2016 (7 months after the close on 31 December 2015, Companies Code art. 3:10). Source: NBB, 2017-00900264.
Equity
€3,583▼ 60.8%
2014 · €9,136
Total assets
€207,375▼ 17.9%
2014 · €252,564
Net result
-€5,553▲ 92.0%
2014 · -€69,563
Working capital
€16,049▼ 49.7%
2014 · €31,901
Trend over the years
2011 to 2015, 5 financial years 2011 to 2015, 5 financial years
The operating result recovers in 2015; 2015 is 200% above 2014.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€28,285
2015
Net result-€5,553
2015
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€207,375
2015
Equity€3,583
2015
Debt€203,792
2015
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€16,049
2015
Average staff in full-time equivalents (FTE).
Staff (FTE)4
2015
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result€46,987-€47,899▲ 1.9%€245,990▲ 414%€9,415▼ 96.2%€28,285▲ 200%
Net result€9,487--€96,082€90,032-€69,563-€5,553▲ 92.0%
Equity€352,383-€256,301▼ 27.3%€78,699▼ 69.3%€9,136▼ 88.4%€3,583▼ 60.8%
Total assets€820,798-€614,996▼ 25.1%€573,007▼ 6.8%€252,564▼ 55.9%€207,375▼ 17.9%
Debt€468,415-€358,695▼ 23.4%€494,308▲ 37.8%€243,428▼ 50.8%€203,792▼ 16.3%
Working capital€310,161-€342,694▲ 10.5%€165,388▼ 51.7%€31,901▼ 80.7%€16,049▼ 49.7%
Staff (FTE)5.3-5▼ 5.7%4.8▼ 4.0%4.7▼ 2.1%4▼ 14.9%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €207,375
Fixed assets
€611 ▼ 93.2%
Current assets
€206,764 ▼ 15.1%
Equity and liabilities €207,375
Equity
€3,583 ▼ 60.8%
Debt
€203,792 ▼ 16.3%
Debt's share of the balance-sheet total rises from 96.4% to 98.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€36,649▲
2014 · €34,213
Cash flow
€2,811▲
2014 · -€44,765
Current ratio
1.08▼
2014 · 1.15
Debt to equity
3.65▲
2014 · 3.47
ROE
-155.0%▲
2014 · -761.4%
ROA
-2.7%▲
2014 · -27.5%
Debt ≤ 1 year
€190,716▼
2014 · €211,688
Debt > 1 year
€13,077▼
2014 · €31,740
Income taxes
€28,949▼
2014 · €73,165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €101,443 | €218,199 | €45,161 | €24,798 | €8,364 | ▼ 66.3% |
| Gross operating margin9900 | €435,984 | €569,271 | €581,151 | €298,688 | €195,999 | ▼ 34.4% |
| Operating profit (loss)9901 | €46,987 | €47,899 | €245,990 | €9,415 | €28,285 | ▲ 200% |
| Recurring financial income75 | €1,916 | €5,783 | €499 | €671 | €9 | ▼ 98.7% |
| Recurring financial charges65 | €6,098 | €10,599 | €30,964 | €6,484 | €4,897 | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €42,805 | €43,083 | €215,525 | €3,602 | €23,396 | ▲ 549% |
| Income taxes67/77 | €33,318 | €139,165 | €125,493 | €73,165 | €28,949 | ▼ 60.4% |
| Profit (loss) for the period9904 | €9,487 | -€96,082 | €90,032 | -€69,563 | -€5,553 | ▲ 92.0% |
| Profit (loss) for the period to be appropriated9905 | €9,487 | -€96,082 | €90,032 | -€69,563 | -€5,553 | ▲ 92.0% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €820,798 | €614,996 | €573,007 | €252,564 | €207,375 | ▼ 17.9% |
| Fixed assets21/28 | €248,097 | €78,418 | €43,923 | €8,975 | €611 | ▼ 93.2% |
| Tangible fixed assets22/27 | €247,911 | €78,418 | €43,923 | €8,975 | €611 | ▼ 93.2% |
| Financial fixed assets28 | €186 | - | - | - | - | - |
| Current assets29/58 | €572,701 | €536,578 | €529,084 | €243,589 | €206,764 | ▼ 15.1% |
| Amounts receivable within one year40/41 | €286,842 | €347,247 | €459,795 | €202,399 | €184,890 | ▼ 8.7% |
| Cash at bank and in hand54/58 | €285,859 | €189,331 | €69,288 | €41,190 | €20,595 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €820,798 | €614,996 | €573,007 | €252,564 | €207,375 | ▼ 17.9% |
| Equity10/15 | €352,383 | €256,301 | €78,699 | €9,136 | €3,583 | ▼ 60.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €489,296 | €333,783 | €60,099 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€155,513 | -€96,082 | -€155,513 | -€11,324 | -€16,877 | ▼ 49.0% |
| Amounts payable17/49 | €468,415 | €358,695 | €494,308 | €243,428 | €203,792 | ▼ 16.3% |
| Amounts payable after more than one year17 | €204,357 | €164,811 | €108,212 | €31,740 | €13,077 | ▼ 58.8% |
| Amounts payable within one year42/48 | €262,540 | €193,884 | €363,696 | €211,688 | €190,716 | ▼ 9.9% |
| Trade debts44 | €205,578 | €132,752 | €240,188 | €55,261 | €83,488 | ▲ 51.1% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,487 | -€96,082 | €90,032 | -€69,563 | -€5,553 | ▲ 92.0% |
| + Depreciation and write-downs630 | €101,443 | €218,199 | €45,161 | €24,798 | €8,364 | ▼ 66.3% |
| Operating cash flow (approximation) | €110,930 | €122,117 | €135,193 | -€44,765 | €2,811 | - |
| Investment in fixed assets (approximation) | - | -€48,520 | -€10,666 | €10,150 | €0 | ▼ 100% |
| Change in cash | - | -€96,528 | -€120,043 | -€28,098 | -€20,595 | ▲ 26.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2015 | abbreviated format | 09-01-2017 | 2017-00900264 |
| 31-12-2014 | abbreviated format | 09-01-2017 | 2017-00900262 |
| 31-12-2013 | abbreviated format | 14-01-2015 | 2015-01000456 |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-56100432 |
| 31-12-2011 | abbreviated format | 29-09-2012 | 2012-59200339 |
| 31-12-2010 | abbreviated format | 31-10-2011 | 2011-59400245 |
| 31-12-2009 | abbreviated format | 30-09-2010 | 2010-56600481 |
| 31-12-2008 | abbreviated format | 31-08-2009 | 2009-73200024 |
| 31-12-2007 | abbreviated format | 30-09-2008 | 2008-76200292 |
| 31-12-2006 | abbreviated format | 31-08-2007 | 2007-66400311 |
Similar companies · same sector, comparable size
EMLA COLLECTIEF
BE 1023.473.130
Mechelen · equity €3,586
ODALCO
BE 0773.714.857
Schoten · equity €3,569
Solka Construct
BE 0788.958.408
Wemmel · equity €3,598
BUILD-UP
BE 0783.396.744
Oostende · equity €3,602
RP-RENOBAT
BE 0806.662.985
Charleroi · equity €3,561
Of the 29,213 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 5,268 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr Missoul Viviane Koning Albertlaan 186, 3010 Kessel-Lo |
08-06-2017 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2017
13-06
Bankruptcy
Opening
Commercial Court of Leuven · judgment of 08-06-2017
09-01
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 162 days late
09-01
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 528 days late
2015
14-01
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format · 167 days late
2013
31-12
Financial
Back to profitnet €90,032
Net result €90,032 after one loss-making year.
31-08
NBB filing
Annual accounts filed
financial year 2012 · abbreviated format · 31 days late
2012
31-12
Financial
Weakest financial yearnet -€96,082
Net result drops to -€96,082, the lowest in the series.
29-09
NBB filing
Annual accounts filed
financial year 2011 · abbreviated format · 60 days late
2011
31-10
NBB filing
Annual accounts filed
financial year 2010 · abbreviated format · 92 days late
2010
30-09
NBB filing
Annual accounts filed
financial year 2009 · abbreviated format · 61 days late
2009
31-08
NBB filing
Annual accounts filed
financial year 2008 · abbreviated format · 31 days late
2008
30-09
NBB filing
Annual accounts filed
financial year 2007 · abbreviated format · 61 days late
2007
31-08
NBB filing
Annual accounts filed
financial year 2006 · abbreviated format · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
0 of 5 deeds read
About the unread acts
We know of 5 Belgian Official 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.
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded09-01-2001
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42110Construction of roads and motorways
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 2001
Ground area
960 m²
Building footprint
194 m²
Building volume
926 m³
2 parcels, Flanders · tallest building 7.3 m. Linked by address, not a title deed.
1 establishment unit
Plankenbrugstraat(RAM) 2, 2230 Herselt
since 2001unit no. 2.100.040.991
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13029G0060/00Y002 | Flanders | 683 m² | 1 · 156 m² | 7.3 m · 2 |
| 13034H0099/00M002 | Flanders | 277 m² | 1 · 38 m² | 2.8 m · 1 |
How the parcels are linked
Good to know
Both parcels match the address exactly.