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SPEED CONSTRUCTION

Dissolution or liquidation
Private limited company (pre-2019)founded 2005KBO/BCE: BE 0875.095.002
Summary

The KBO register records for SPEED CONSTRUCTION the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2007 annual accounts show equity of €26,501 and a net result of €9,551.

SPEED CONSTRUCTIONDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 18-08-2011, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

On 14 July 2005, SPEED CONSTRUCTION was incorporated.1 The company has filed 5 sets of annual accounts, the latest for fiscal year 2010.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2010

Financials · fiscal year 2007, abbreviated schema

Turnover
€123,138
EBIT margin
6.5%
Net result
€9,551
2006 · -€11,651
Working capital
€6,926
2006 · -€7,702
Trend over the years

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

Every figure with its change against the fiscal year before
favourable unfavourable
Line20062007
Turnover€123,138
Operating result-€11,529-€8,041
Net result-€11,651-€9,551
EBIT margin6.5%
Equity€4,550-€26,501▲ 483%
Total assets€14,801-€57,506▲ 289%
Debt€10,251-€31,005▲ 202%
Working capital-€7,702-€6,926
Staff (FTE)0.6-1▲ 66.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2006: -€11,529-€11,529Net result 2006: -€11,651-€11,651Operating result 2007: €8,041€8,041Net result 2007: €9,551€9,55120062007-€20,000-€10,000€0€10,000Operating result 2006: -€11,529-€11,500Net result 2006: -€11,651-€11,700Operating result 2007: €8,041€8,040Net result 2007: €9,551€9,55020062007
The operating result returns to profit in 2007: €8,041 after a loss of €11,529 in 2006.
Balance-sheet composition
2007 in colour, 2006 as the grey bar beneath
Assets €57,506
Fixed assets €25,261 ▲ 106%
Current assets €32,245 ▲ 1,165%
Equity and liabilities €57,506
Equity €26,501 ▲ 483%
Debt €31,005 ▲ 202%
Debt's share of the balance-sheet total falls from 69.3% to 53.9%. Equity and debt are higher.
Key figures and ratios
2007 value · change against 2006
EBITDA
€18,393▲
2006 · -€6,918
Cash flow
€19,903▲
2006 · -€7,039
Current ratio
1.27▲
2006 · 0.25
Quick ratio
0.26▲
2006 · 0.25
Debt to equity
0.21
ROE
36.0%▲
2006 · -256.1%
ROA
16.6%▲
2006 · -78.7%
Debt ≤ 1 year
€25,319▲
2006 · €10,251
Debt > 1 year
€5,686
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 · 2007 against 2006 · 23 lines
Balance sheet Code20062007
Assets
Total assets20/58€14,801€57,506▲
Fixed assets21/28€12,252€25,261▲
Tangible fixed assets22/27€12,252€25,261▲
Current assets29/58€2,549€32,245▲
Stocks and contracts in progress3-€25,725
Amounts receivable within one year40/41€2,500€6,520▲
Cash at bank and in hand54/58€50-
Equity and liabilities
Total equity and liabilities10/49€14,801€57,506▲
Equity10/15€4,550€26,501▲
Contributions10/11€16,200€28,600▲
Profit (loss) carried forward14-€11,651-€2,099▲
Amounts payable17/49€10,251€31,005▲
Amounts payable after more than one year17-€5,686
Amounts payable within one year42/48€10,251€25,319▲
Trade debts44€616€8,312▲
Income statement Code20062007
Turnover70-€123,138
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,611€10,352▲
Gross operating margin9900€91€35,196▲
Operating profit (loss)9901-€11,529€8,041▲
Recurring financial charges65€121€800▲
Profit (loss) for the period before taxes9903-€11,651€9,551▲
Profit (loss) for the period9904-€11,651€9,551▲
Profit (loss) for the period to be appropriated9905-€11,651€9,551▲
Line20062007Change
Turnover70-€123,138-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,611€10,352▲ 124%
Gross operating margin9900€91€35,196▲ 38,399%
Operating profit (loss)9901-€11,529€8,041▲ 170%
Recurring financial charges65€121€800▲ 559%
Profit (loss) for the period before taxes9903-€11,651€9,551▲ 182%
Profit (loss) for the period9904-€11,651€9,551▲ 182%
Profit (loss) for the period to be appropriated9905-€11,651€9,551▲ 182%
Line20062007Change
Assets
Total assets20/58€14,801€57,506▲ 289%
Fixed assets21/28€12,252€25,261▲ 106%
Tangible fixed assets22/27€12,252€25,261▲ 106%
Current assets29/58€2,549€32,245▲ 1,165%
Stocks and contracts in progress3-€25,725-
Amounts receivable within one year40/41€2,500€6,520▲ 161%
Cash at bank and in hand54/58€50--
Equity and liabilities
Total equity and liabilities10/49€14,801€57,506▲ 289%
Equity10/15€4,550€26,501▲ 483%
Contributions10/11€16,200€28,600▲ 76.5%
Profit (loss) carried forward14-€11,651-€2,099▲ 82.0%
Amounts payable17/49€10,251€31,005▲ 202%
Amounts payable after more than one year17-€5,686-
Amounts payable within one year42/48€10,251€25,319▲ 147%
Trade debts44€616€8,312▲ 1,250%
Line20062007Change
Profit (loss) for the period9904-€11,651€9,551▲ 182%
+ Depreciation and write-downs630€4,611€10,352▲ 124%
Operating cash flow (approximation)-€7,039€19,903▲ 383%
Investment in fixed assets (approximation)--€23,361-

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

2011
18-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 18 days late
2010
11-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 11 days late
2009
26-08
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 26 days late
2008
29-07
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
31-12
Financial Back to profitnet €9,551
Net result €9,551 after one loss-making year.
31-12
Financial Liquidity times 5current ratio 1.27
Current ratio from 0.25 to 1.27.
28-12
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema · 150 days late
Financial 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.

Directors · office · real estate

Directors
5 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, Huy · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
579 m²
Volume, LiDAR
863 m³
2 parcels, Flanders, Wallonia · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPEED CONSTRUCTION BVBA
Beverlosesteenweg 491, 3581 BeringenNACE 28520
since 20052.148.270.777
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
61061B0323/00A000 Wallonia 1.3 ha 1 · 399 m² -
71005C1322/00A005 Flanders 210 m² 1 · 180 m² 10.0 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-2005
Fiscal year end31-12
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.