STEEL CONSTRUCT
BankruptcySummary
The KBO register records for STEEL CONSTRUCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €851,673 and a net result of €45,295.
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Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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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
1 signal.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Process a list How is the Installation of electric heating, air conditioning, cooling and ventilation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€851,673▲ 5.6%
2022 · €806,379
Total assets
€1.0m▲ 3.8%
2022 · €1.0m
Net result
€45,295▼ 33.5%
2022 · €68,063
Working capital
€845,797▲ 6.4%
2022 · €794,974
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 43, Specialised construction activities, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€43,013▼ 63.6%€85,137▲ 97.9%-€10,992€44,399€23,645▼ 46.7%
Net result€62,113▼ 44.4%€97,453above the sector's middle half▲ 56.9%€29,263above the sector's middle half▼ 70.0%€68,063above the sector's middle half▲ 133%€45,295above the sector's middle half▼ 33.5%
Equity€677,538▼ 15.5%€709,053above the sector's middle half▲ 4.7%€738,316above the sector's middle half▲ 4.1%€806,379above the sector's middle half▲ 9.2%€851,673above the sector's middle half▲ 5.6%
Total assets€854,075▼ 13.0%€968,382above the sector's middle half▲ 13.4%€941,862above the sector's middle half▼ 2.7%€1.0mabove the sector's middle half▲ 6.4%€1.0mabove the sector's middle half▲ 3.8%
Debt€176,537▼ 2.1%€259,329▲ 46.9%€203,546▼ 21.5%€195,860▼ 3.8%€188,447▼ 3.8%
Working capital€673,522▼ 15.3%€701,316above the sector's middle half▲ 4.1%€721,259above the sector's middle half▲ 2.8%€794,974above the sector's middle half▲ 10.2%€845,797above the sector's middle half▲ 6.4%
Solvency79.3%▼ 2.3pp73.2%above the sector's middle half▼ 6.1pp78.4%above the sector's middle half▲ 5.2pp80.5%above the sector's middle half▲ 2.1pp81.9%above the sector's middle half▲ 1.4pp
Current ratio4.82▼ 0.603.70above the sector's middle half▼ 1.114.54above the sector's middle half▲ 0.845.06above the sector's middle half▲ 0.525.49above the sector's middle half▲ 0.43
Return on assets (ROA)7.3%▼ 4.1pp10.1%within the sector's middle half▲ 2.8pp3.1%within the sector's middle half▼ 7.0pp6.8%within the sector's middle half▲ 3.7pp4.4%within the sector's middle half▼ 2.4pp
Staff (FTE)6.4=6.2above the sector's middle half▼ 3.1%6▼ 3.2%6=5.6▼ 6.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
The operating result falls in 2023; 2023 is 47% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.0m
Fixed assets
€5,876 ▼ 48.5%
Current assets
€1.0m ▲ 4.4%
Equity and liabilities €1.0m
Equity
€851,673 ▲ 5.6%
Debt
€188,447 ▼ 3.8%
Debt's share of the balance-sheet total falls from 19.5% to 18.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,174▼
2022 · €50,051
Cash flow
€50,824▼
2022 · €73,715
Quick ratio
5.37▲
2022 · 5.00
Debt to equity
0.22▼
2022 · 0.24
ROE
5.3%▼
2022 · 8.4%
Interest coverage
2.91▼
2022 · 5.51
Debt ≤ 1 year
€188,447▼
2022 · €195,860
Income taxes
€19,337▼
2022 · €30,126
Staff costs
€209,432▲
2022 · €209,006
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €180,785 | €209,006 | €209,432 | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,663 | €959 | €2,680 | €5,652 | €5,529 | ▼ 2.2% |
| Other operating charges640/8 | - | - | €2,405 | €14,398 | €11,071 | ▼ 23.1% |
| Non-recurring operating charges66A | - | - | €57,352 | €22,942 | - | - |
| Gross operating margin9900 | €324,081 | €317,394 | €232,231 | €296,397 | €249,678 | ▼ 15.8% |
| Operating profit (loss)9901 | €43,013 | €85,137 | -€10,992 | €44,399 | €23,645 | ▼ 46.7% |
| Financial income75/76B | - | - | €55,724 | €62,874 | €51,019 | ▼ 18.9% |
| Recurring financial income75 | €65,448 | €82,029 | €55,474 | €62,874 | €51,019 | ▼ 18.9% |
| Non-recurring financial income76B | - | - | €250 | - | - | - |
| Financial charges65/66B | - | - | €3,296 | €9,084 | €10,033 | ▲ 10.4% |
| Recurring financial charges65 | €6,890 | €19,014 | €3,296 | €9,084 | €10,033 | ▲ 10.4% |
| Profit (loss) for the period before taxes9903 | €101,571 | €147,728 | €41,437 | €98,189 | €64,631 | ▼ 34.2% |
| Income taxes67/77 | €39,458 | €50,275 | €12,174 | €30,126 | €19,337 | ▼ 35.8% |
| Profit (loss) for the period9904 | €62,113 | €97,453 | €29,263 | €68,063 | €45,295 | ▼ 33.5% |
| Profit (loss) for the period to be appropriated9905 | €62,113 | €97,453 | €29,263 | €68,063 | €45,295 | ▼ 33.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €854,075 | €968,382 | €941,862 | €1.0m | €1.0m | ▲ 3.8% |
| Fixed assets21/28 | €4,016 | €7,737 | €17,057 | €11,405 | €5,876 | ▼ 48.5% |
| Tangible fixed assets22/27 | €1,911 | €5,632 | €14,952 | €9,300 | €3,771 | ▼ 59.5% |
| Plant, machinery and equipment23 | - | - | €1,079 | €677 | €275 | ▼ 59.4% |
| Furniture and vehicles24 | - | - | €13,873 | €8,623 | €3,496 | ▼ 59.5% |
| Financial fixed assets28 | €2,105 | €2,105 | €2,105 | €2,105 | €2,105 | = |
| Current assets29/58 | €850,059 | €960,645 | €924,805 | €990,834 | €1.0m | ▲ 4.4% |
| Stocks and contracts in progress3 | €7,116 | €6,860 | €13,290 | €11,700 | €21,484 | ▲ 83.6% |
| Stocks30/36 | - | - | €13,290 | €11,700 | €21,484 | ▲ 83.6% |
| Amounts receivable within one year40/41 | €835,100 | €944,299 | €905,982 | €974,119 | €1.0m | ▲ 3.1% |
| Trade receivables40 | - | - | €18,190 | €31,126 | €12,082 | ▼ 61.2% |
| Other amounts receivable41 | - | - | €887,792 | €942,993 | €991,801 | ▲ 5.2% |
| Cash at bank and in hand54/58 | €3,386 | €9,486 | €1,863 | €2,396 | €5,906 | ▲ 147% |
| Deferred charges and accrued income490/1 | - | - | €3,670 | €2,619 | €2,972 | ▲ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €854,075 | €968,382 | €941,862 | €1.0m | €1.0m | ▲ 3.8% |
| Equity10/15 | €677,538 | €709,053 | €738,316 | €806,379 | €851,673 | ▲ 5.6% |
| Contributions10/11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €455,356 | €486,871 | €486,871 | €486,871 | €486,871 | = |
| Non-distributable reserves130/1 | - | - | €5,330 | €5,330 | €5,330 | = |
| Reserves not available under the articles1311 | - | - | €5,330 | €5,330 | €5,330 | = |
| Distributable reserves133 | - | - | €481,541 | €481,541 | €481,541 | = |
| Profit (loss) carried forward14 | €203,582 | €203,582 | €232,845 | €300,908 | €346,202 | ▲ 15.1% |
| Amounts payable17/49 | €176,537 | €259,329 | €203,546 | €195,860 | €188,447 | ▼ 3.8% |
| Amounts payable within one year42/48 | €176,537 | €259,329 | €203,546 | €195,860 | €188,447 | ▼ 3.8% |
| Trade debts44 | €89,541 | €88,099 | €122,856 | €137,934 | €121,833 | ▼ 11.7% |
| Suppliers440/4 | - | - | €122,856 | €137,934 | €121,833 | ▼ 11.7% |
| Taxes, remuneration and social security45 | - | - | €79,355 | €56,590 | €65,328 | ▲ 15.4% |
| Taxes450/3 | - | - | €71,351 | €46,935 | €48,344 | ▲ 3.0% |
| Remuneration and social security454/9 | - | - | €8,004 | €9,655 | €16,984 | ▲ 75.9% |
| Other amounts payable47/48 | - | - | €1,336 | €1,336 | €1,286 | ▼ 3.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,113 | €97,453 | €29,263 | €68,063 | €45,295 | ▼ 33.5% |
| + Depreciation and write-downs630 | €3,663 | €959 | €2,680 | €5,652 | €5,529 | ▼ 2.2% |
| Operating cash flow (approximation) | €65,776 | €98,412 | €31,943 | €73,715 | €50,824 | ▼ 31.1% |
| Investment in fixed assets (approximation) | - | -€4,680 | -€12,000 | €0 | €0 | - |
| Change in cash | - | €6,101 | -€7,623 | €533 | €3,510 | ▲ 559% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 236 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Weakest financial yearnet €29,263 ▼70%
Net result drops to €29,263, the lowest in the series.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
Financial 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.
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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, Mouscron · 1 establishment unit since 2004
Ground area
7,436 m²
Building footprint
2,158 m²
Volume, LiDAR
16,577 m³
Parcel 54007B0410/00G000, Wallonia · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEEL CONSTRUCT
since 20042.139.281.847
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0410/00G000 | Wallonia | 7,436 m² | 1 · 2,158 m² | 13.7 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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Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 3,338 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
Founded28-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing 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 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.