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SERENITY CONSTRUCT

In bankruptcy Public limited companyfounded 2003Rue Ernest Montellier, ZI, Nov. 8, 5380 FernelmontKBO/BCE: BE 0861.572.014
SERENITY CONSTRUCT
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Overview

Information for creditors

Enterprise Court of Liège, Namur division · Official Gazette of 20-03-2019
Appeal or third-party opposition 04-04-2019Filing the claim in RegSol 13-04-2019First verification report 23-04-2019Late claim 14-03-2020

Trustee: Benedicte Humblet. 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.

Lifetime

12 annual accounts with figures on one time axis, 14 filings since 2004
peak €910,572 (2012)
€259,085▼ 63.8%
lowest -€14,679 (2017)
-€14,679▼ €15,708
peak €1.1m (2016)
€1.1m▼ 1.3%
€6.7m▲ 3.4%
peak 18 FTE (2012)
2.5 FTE▼ 71.6%
Documentsfilings and deeds
31-08-201831 days late
2017financial year
Gross margin from €716,495 to €259,085Loss of €14,679Staff from 8.8 FTE to 2.5 FTECash from €2,961 to €123,793

Key points

from the 2017 annual accounts, the last ones filed

Debts

€6.7m 86% of the balance sheet
After one year 8%Within one year 92%

Of this, €6.2m falls due within a year.

Staff

2.5 FTE from 18 in 2012

Between 2012 and 2017, 86% of the full-time equivalents disappeared.

Filings

14 annual accounts since 2004
AprilJune31 JulyOctober200520102015

Five of the last ten came late. The 2009 accounts came latest: 48 days after the end of the period.

No score

Recent changes

Bankruptcy published Enterprise Court of Liège, Namur division · judgment of 14-03-2019 · Bankruptcy
New establishment in Fernelmont Rue Ernest Montellier, ZI, Nov. 8
Incorporation 13 publications in the Belgian Official Gazette, the last on 20-03-2019 · published on 18-11-2003 · Gazette deed
First establishment Bois de la Croix Claire 110, Nandrin
All 21 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-03-2019
Activity
General construction of residential buildingsNACE 41001
Establishment units
2.134.308.7174550 Nandrin, since 10-11-2003
2.233.565.6495380 Fernelmont, since 01-01-2014
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2017

€259,085▼ 63.8%
≈ €550,000estimated
€14,679
€1.1m▼ 1.3%
€7.8m▲ 2.7%
2.5 FTE▼ 71.6%
Filing
Filed on 31-08-2018
Financials

Insights on SERENITY CONSTRUCT

On 14 March 2019 the court declared SERENITY CONSTRUCT bankrupt.

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

Financials

Annual accounts 2017

full format, filed on 31-08-2018, 31 days late
€259,085
▼ 63.8%
€83,716
▼ 71.8%
€96,572
▼ 70.3%
-€1,822
▼ €30,960
14.3%
▼ 0.6 percentage points
1.09
▼ 0.01

The turnover shown is an estimate from the gross margin.

Turnover ≈ €550,000. Estimated: probably between €440,000 and €820,000.

Money flows

no detail for 2017

Balance sheet

balance sheet total €7.8m on 31-12-2017
What the company ownsHow it is paid for

in €m

in euro

Staff

€46,552

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 7.8m7.6m6.0m5.8m6.4m6.2m9.4m4.0m3.8m2.4m1.6m1.2m
20 ----------7801,561
21/28 1.1m1.1m1.1m1.1m1.1m1.2m1.1m391,133288,047301,264403,961472,918
22/27 23,35651,60664,63478,82169,60449,67179,34283,94251,67029,42839,56758,597
23 10,5676,3228,1307,3545,48811,00119,47228,73627,84414,1057,1976,337
24 1,7178,59914,56111,81217,15034,31053,33046,48622,5934,24313,64820,377
26 11,07212,456----------
28 1.0m1.0m1.0m1.0m1.0m1.1m1.1m307,191236,377271,836363,613412,761
29/58 6.8m6.5m4.9m4.7m5.3m5.0m8.3m3.6m3.5m2.1m1.2m750,262
29 ---87,000192,000192,000------
291 ---87,000192,000192,000------
3 4.7m4.4m2.6m2.2m3.9m3.7m2.8m2.3m2.7m1.7m1.1m325,000
30/36 4.7m4.4m2.6m2.2m3.9m3.7m2.8m2.3m2.7m1.7m1.1m325,000
40/41 2.0m2.2m2.2m2.2m1.3m1.1m586,8691.3m706,731360,676115,647355,115
40 1.8m2.1m2.1m2.1m1.2m955,999547,5471.2m672,510309,38664,769351,547
41 199,115109,07973,18045,04893,832185,22439,32373,07234,22151,28950,8783,568
54/58 123,7932,96164,158202,5503,2273,1871,90329,99695,78437,00815,86669,340
490/1 -2,6393332572542574.9m2276476501,454807
Balance sheet: equity and liabilities
10/49 7.8m7.6m6.0m5.8m6.4m6.2m9.4m4.0m3.8m2.4m1.6m1.2m
10/15 1.1m1.1m1.1m1.1m981,186981,021912,102816,275723,021628,388538,290452,344
10/11 308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000
100 308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000308,000
13 30,80030,80030,80030,80030,80030,80030,80030,80030,80030,80030,80030,800
130 30,80030,80030,80030,80030,80030,80030,80030,80030,80030,80030,80030,800
14 777,614792,318791,288742,761642,386642,221573,302477,475384,221289,588199,490113,544
17/49 6.7m6.5m4.8m4.7m5.4m5.2m8.5m3.2m3.1m1.8m1.1m770,835
17 368,602372,710405,877445,199468,379438,0466,97112,87010,5836,30713,48722,482
170/4 368,602372,710405,877445,199468,379438,0466,97112,87010,5836,30713,48722,482
42/48 6.2m5.9m4.2m4.1m4.8m4.7m4.6m3.1m3.0m1.7m1.1m748,354
42 33,73449,66939,33545,25138,47759,5785,8998,34012,6537,1808,89312,445
43 1.2m1.5m1.1m824,2362.0m2.4m2.2m1.1m1.2m696,652--
430/8 1.2m1.5m1.1m824,2362.0m2.4m2.2m1.1m1.2m696,652--
44 1.0m550,969593,8551.2m1.1m871,508663,862463,206791,959544,033875,578620,944
440/4 1.0m550,969593,8551.2m1.1m871,508663,862463,206791,959544,033875,578620,944
46 1.3m2.1m1.9m1.4m560,765362,882362,8821.1m385,299100,000100,000-
45 179,27889,645112,89039,517127,77299,811119,57552,040195,94179,73728,88781,016
450/3 179,27811,50137,09111,389123,68910,93825,4403,089140,81236,1211,20069,895
454/9 -78,14475,79928,1284,08488,87394,13448,95255,12943,61527,68711,122
47/48 2.4m1.6m514,518605,0391.0m948,8101.2m355,180508,201322,30183,79433,948
492/3 150,550221,500188,500161,555130,21191,7663.9m63,00027,882---
Income statement
70 --------2.2m1.6m2.2m2.9m
76A -500--5,553-2,0021,5002,666--2,233
9900 259,085716,495577,032805,753673,504910,572672,406605,645620,476529,987559,499510,377
60/61 --------2.8m1.3m2.3m2.3m
62 116,379270,562402,142446,915425,427647,357407,125331,620427,472358,592380,064326,693
630 12,85628,10834,54135,13239,21237,61335,19832,82021,10423,69026,76325,054
631/4 ---------1,227--
640/8 12,555117,7709,38886,5565,6993,77112,25116,8748,6661,2725,1701,203
66A 33,5793,4005,10015,00087,4209,000------
9901 83,716296,654130,962237,151203,166221,830217,833224,331163,234145,206147,502157,427
75/76B 29,90630,71740,43820,98354,91220,52618,4024,45115,0485,5905,42616,669
75 29,90630,71740,43820,98354,91220,52618,4024,45115,0485,5905,42616,669
65/66B 128,164326,02494,89793,316172,959125,96898,49596,78546,30321,17817,05410,894
65 128,164326,02494,89793,316172,959125,96898,49596,78546,30321,17817,05410,894
9903 -14,5411,34871,403149,8183,252107,389139,742133,497134,646129,618135,873165,435
67/77 13831922,87649,4433,08838,46943,91640,24240,01339,51949,92847,326
9904 -14,6791,02948,527100,37516568,91995,82693,25594,63390,09885,946118,109
9905 -14,6791,02948,527100,37516568,91995,82693,25594,63390,09885,946118,109
Appropriation of the result
9906 777,639792,318791,288742,761642,386642,221573,302477,475384,221289,588199,490142,502
691/2 -----------28,958
6920 -----------28,958
694/7 25-----------
Social balance sheet
9087 2.58.812.61211.71811.912.914.514.614.316.5
Hours worked1013 -7,84613,00714,61612,43222,66914,40711,06216,02515,01215,11612,974
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2017 (PDF), filed on 31-08-2018.

Download as CSV

Filings

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

2017 annual accounts filed 31 days after the deadline. Filed on 31 August 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-59800237.

Financial year Type Filed Reference Document
31-12-2017 full format 31-08-2018 2018-59800237 PDF
31-12-2016 full format 31-08-2017 2017-58500077 PDF
31-12-2015 full format 22-08-2016 2016-45600102 PDF
31-12-2014 full format 03-08-2015 2015-38600299 PDF
31-12-2013 full format 08-07-2014 2014-27900420 PDF
31-12-2012 full format 03-07-2013 2013-26800395 PDF
31-12-2011 full format 14-07-2012 2012-30500532 PDF
31-12-2010 full format 30-06-2011 2011-25200024 PDF
31-12-2009 full format 17-09-2010 2010-54500545 PDF
31-12-2008 full format 07-07-2009 2009-38000289 PDF
31-12-2007 full format 27-08-2008 2008-64100262 PDF
31-12-2006 full format 23-07-2007 2007-45400345 PDF
31-12-2005 full format 29-09-2006 2006-82203099 PDF
31-12-2004 full format 20-06-2005 2005-29203437 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201720162015201420132012201120102009200820072006
96,572324,762165,503272,282242,378259,444253,030257,151184,338168,895174,265182,481
-1,82229,13783,068135,50739,377106,533131,024126,075115,737113,788112,709143,163
105,19045,53965,35346,004110,68489,443794,054154,37245,63912,7706,95354,996
120,831-61,197-138,392199,323401,284-28,093-65,78758,77521,142-53,474-
576,774632,085635,479571,740472,970323,4553.6m501,013473,439333,431147,8161,908
--------7.5%8.9%6.7%5.5%
14.3%14.8%18.9%18.6%15.3%15.8%9.7%20.5%19.0%26.4%32.6%37.0%
1.091.111.151.141.101.071.791.161.161.191.131.00
0.330.370.540.600.300.281.190.430.260.230.120.57
6.025.754.284.385.555.339.333.894.262.792.061.70
-1.3%0.1%4.3%9.3%0.0%7.0%10.5%11.4%13.1%14.3%16.0%26.1%
-0.2%0.0%0.8%1.7%0.0%1.1%1.0%2.3%2.5%3.8%5.2%9.7%
--------112 days69 days11 days45 days
--------103 days158 days138 days97 days

EBIT margin: not included in this filing.

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 SERENITY CONSTRUCT

The operating result for 2017 is 72% lower than in 2016 and the lowest since 2006.

Debt's share of the balance-sheet total rises from 85.2% to 85.7%. Equity is lower and debt is higher.

Board & ownership

Curator

the curator has managed the company since 14-03-2019
Benedicte Humblet
Curator, Rue De Gembloux 136, 5002 Saint-Servais
Also on 32 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€308,000
Source
2017 annual accounts

Office holders in the KBO →

Network & group

Holdings

own 2017 accounts
This companySERENITY CONSTRUCT1 holding, 1 country 2017 accounts

North America 1

  • US L.M.L. CORPORATION - result -

Source: list of holdings in its own 2017 accounts.

Holdings through the years

2010 to 2017
Holdings through the years
Name20102011201220132014201520162017
L.M.L. CORPORATIONUS 25%listed
JMB ELEC 67%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

21 events since 2003
2019
Bankruptcy published Enterprise Court of Liège, Namur division · judgment of 14-03-2019
2018
Annual accounts 2017 filed PDFfull format · 31 days late
2017
Weakest financial year net -€14,679 The net result drops to -€14,679, the lowest from 2006 to 2017.
Annual accounts 2016 filed PDFfull format · 31 days late
2016
Annual accounts 2015 filed PDFfull format · 22 days late
2015
Annual accounts 2014 filed PDFfull format · 3 days late
2014
Equity above €1m equity €1.1m ▲10.2% With a profit in every financial year since 2006, equity grows to €1.1m.
Annual accounts 2013 filed PDFfull format · 23 days before the deadline
New establishment in Fernelmont Rue Ernest Montellier, ZI, Nov. 8
2013
Annual accounts 2012 filed PDFfull format · 28 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 17 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 31 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 48 days late
2009
Annual accounts 2008 filed PDFfull format · 24 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 27 days late
2007
Equity above €500,000 equity €538,290 ▲19% With a profit in every financial year since 2006, equity grows to €538,290.
Annual accounts 2006 filed PDFfull format · 8 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2003
Incorporation PDF13 publications in the Belgian Official Gazette, the last on 20-03-2019 · published on 18-11-2003
First establishment Bois de la Croix Claire 110, Nandrin

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

On 10 November 2003, SERENITY CONSTRUCT was incorporated.1 Total assets went from €6.4m in 2013 to €7.8m in 2017 and headcount from 11.7 to 2.5 full-time equivalents.2 The company was declared bankrupt on 14 March 2019.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian Official Gazette, 20-03-2019

Company details

Identity

Enterprise number
0861.572.014
VAT number
BE 0861.572.014
Legal form
Public limited company
Status
In bankruptcy, since 14-03-2019
Founded
10-11-2003
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
SERENITY CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
41201 General construction of buildings main activity
Codes under NACEBEL 2003
45211 main activity

Registered office and establishments

2 establishments

1 of 2 establishments on the map

Establishment Since Unit number
Bois de la Croix Claire 110 4550 Nandrin 10-11-2003 2.134.308.717
Rue Ernest Montellier, ZI, Nov. 8 registered office 5380 Fernelmont 01-01-2014 2.233.565.649

Buildings and parcels at the addresses

Ground area
1,188 m²
Buildings
152 m²
Volume, LiDAR
1,176 m³
Tallest building
11.1 m
Buildings to scale, each on its own parcel
152 m², 11.1 m 152 m², 11.1 m

Location

establishment 1 of 2 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
61043B0042/00A0021,188 m² 1 · 152 m² 11.1 m · 3

Contact

E-mail chantal@serenityconstruct.be establishment in Fernelmont
Phone +32 497 41 08 99 establishment in Fernelmont

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