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SHH CONSTRUCT

Open bankruptcy
Private limited companyfounded 2022KBO/BCE: BE 0781.516.924

A bankruptcy procedure is open for SHH CONSTRUCT according to publications in the Belgian State Gazette; curator: Gerry VERSCHUREN.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €117,313 and a net result of €103,549.

SHH CONSTRUCTOpen 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 Brussels
Declared bankrupt
22 July 2026
Supervising judge
Joseph Spilstijns
Official Gazette
28-07-2026 (pdf) ↗search the document for 2026/133335

Deadlines

Provisional date payments stopped
22 July 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 12 August 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 August 2026art. XX.104 and XX.155 CEL
First verification report
passed on 26 August 2026Goods 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
22 July 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

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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Signals

Three signals. The signal on the left, the evidence on the right.
+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
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

SHH CONSTRUCT was incorporated on 2 February 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 22 July 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 28-07-2026

Go further with this company

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

Financials · fiscal year 2023, micro schema

Equity
€117,313▲ 752%
2022 · €13,765
Total assets
€195,041▲ 137%
2022 · €82,127
Net result
€103,549▲ 1,081%
2022 · €8,765
Working capital
€112,930▲ 1,201%
2022 · €8,682
Trend over the years

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

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result€9,846-€104,217▲ 958%
Net result€8,765within the sector's middle half-€103,549above the sector's middle half▲ 1,081%
Equity€13,765within the sector's middle half-€117,313above the sector's middle half▲ 752%
Total assets€82,127within the sector's middle half-€195,041within the sector's middle half▲ 137%
Debt€68,362-€77,728▲ 13.7%
Working capital€8,682within the sector's middle half-€112,930above the sector's middle half▲ 1,201%
Solvency16.8%below the sector's middle half-60.1%within the sector's middle half▲ 43.4pp
Current ratio1.13within the sector's middle half-2.45within the sector's middle half▲ 1.33
Return on assets (ROA)10.7%within the sector's middle half-53.1%above the sector's middle half▲ 42.4pp
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 per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2022: €9,846€9,846Net result 2022: €8,765€8,765Operating result 2023: €104,217€104,217Net result 2023: €103,549€103,54920222023€0€50,000€100,000Operating result 2022: €9,846€9,850Net result 2022: €8,765€8,760Operating result 2023: €104,217€104,000Net result 2023: €103,549€104,00020222023
The operating result rises in 2023; 2023 is 958% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €195,041
Fixed assets €4,383 ▼ 13.8%
Current assets €190,658 ▲ 147%
Equity and liabilities €195,041
Equity €117,313 ▲ 752%
Debt €77,728 ▲ 13.7%
Debt's share of the balance-sheet total falls from 83.2% to 39.9%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€104,917▲
2022 · €11,013
Cash flow
€104,249▲
2022 · €9,932
Debt to equity
0.66▼
2022 · 4.97
ROE
88.3%▲
2022 · 63.7%
Interest coverage
156.98▲
2022 · 135.89
Debt ≤ 1 year
€77,728▲
2022 · €68,362
Staff costs
€29,170▲
2022 · €3,545
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 · 2023 against 2022 · 34 lines
Balance sheet Code20222023
Assets
Total assets20/58€82,127€195,041▲
Fixed assets21/28€5,083€4,383▼
Tangible fixed assets22/27€3,383€2,683▼
Furniture and vehicles24€3,383€2,683▼
Financial fixed assets28€1,700€1,700=
Current assets29/58€77,043€190,658▲
Amounts receivable within one year40/41€74,172€161,294▲
Trade receivables40€65,320€59,690▼
Other amounts receivable41€8,852€101,603▲
Cash at bank and in hand54/58€2,871€29,364▲
Equity and liabilities
Total equity and liabilities10/49€82,127€195,041▲
Equity10/15€13,765€117,313▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€8,765€112,313▲
Amounts payable17/49€68,362€77,728▲
Amounts payable within one year42/48€68,362€77,728▲
Trade debts44€67,818€64,468▼
Suppliers440/4€67,818€64,468▼
Taxes, remuneration and social security45€544€13,260▲
Taxes450/3-€8,931
Remuneration and social security454/9€544€4,328▲
Income statement Code20222023
Remuneration, social security and pensions62€3,545€29,170▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,167€700▼
Other operating charges640/8€119€283▲
Gross operating margin9900€14,676€134,370▲
Operating profit (loss)9901€9,846€104,217▲
Financial charges65/66B€81€668▲
Recurring financial charges65€81€668▲
Profit (loss) for the period before taxes9903€9,765€103,549▲
Income taxes67/77€1,000-
Profit (loss) for the period9904€8,765€103,549▲
Profit (loss) for the period to be appropriated9905€8,765€103,549▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,765€112,313▲
Profit (loss) brought forward from the previous period14P-€8,765

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Remuneration, social security and pensions62€3,545€29,170▲ 723%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,167€700▼ 40.0%
Other operating charges640/8€119€283▲ 139%
Gross operating margin9900€14,676€134,370▲ 816%
Operating profit (loss)9901€9,846€104,217▲ 958%
Financial charges65/66B€81€668▲ 725%
Recurring financial charges65€81€668▲ 725%
Profit (loss) for the period before taxes9903€9,765€103,549▲ 960%
Income taxes67/77€1,000--
Profit (loss) for the period9904€8,765€103,549▲ 1,081%
Profit (loss) for the period to be appropriated9905€8,765€103,549▲ 1,081%
Line20222023Change
Assets
Total assets20/58€82,127€195,041▲ 137%
Fixed assets21/28€5,083€4,383▼ 13.8%
Tangible fixed assets22/27€3,383€2,683▼ 20.7%
Furniture and vehicles24€3,383€2,683▼ 20.7%
Financial fixed assets28€1,700€1,700=
Current assets29/58€77,043€190,658▲ 147%
Amounts receivable within one year40/41€74,172€161,294▲ 117%
Trade receivables40€65,320€59,690▼ 8.6%
Other amounts receivable41€8,852€101,603▲ 1,048%
Cash at bank and in hand54/58€2,871€29,364▲ 923%
Equity and liabilities
Total equity and liabilities10/49€82,127€195,041▲ 137%
Equity10/15€13,765€117,313▲ 752%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€8,765€112,313▲ 1,181%
Amounts payable17/49€68,362€77,728▲ 13.7%
Amounts payable within one year42/48€68,362€77,728▲ 13.7%
Trade debts44€67,818€64,468▼ 4.9%
Suppliers440/4€67,818€64,468▼ 4.9%
Taxes, remuneration and social security45€544€13,260▲ 2,338%
Taxes450/3-€8,931-
Remuneration and social security454/9€544€4,328▲ 696%
Line20222023Change
Profit (loss) for the period9904€8,765€103,549▲ 1,081%
+ Depreciation and write-downs630€1,167€700▼ 40.0%
Operating cash flow (approximation)€9,932€104,249▲ 950%
Investment in fixed assets (approximation)-€0-
Change in cash-€26,493-

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
28-07
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 22-07-2026
06-07
KBO administration Address struck
event 21-06-2026
2024
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial Liquidity doublescurrent ratio 2.45
Current ratio from 1.13 to 2.45.
31-12
Financial Equity above €100,000Eq €117,313 ▲752%
2 profitable years in a row build equity to €117,313.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Grimbergen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,815 m²
Building footprint
649 m²
Volume, LiDAR
8,570 m³
2 parcels, Flanders · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
200 companies at this address See who is registered here
1 establishment unit
SHH CONSTRUCT
General construction of buildings
since 20222.328.070.274
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0399/00M025 Flanders 1,424 m² 1 · 561 m² 22.0 m · 5 fl.
23086E0183/00H002 Flanders 391 m² 1 · 88 m² 11.5 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Gerry VERSCHUREN
BLEEKSTRAAT 11/003, 2800 MECHELEN
22-07-2026 → present

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,058. 13,010 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
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
Contact
E-mail oualkadi123456@gmail.com
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 29 September 2026 · Peppol Directory

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