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VA CONSTRUCTIME

Bankruptcy closed
Private limited company (pre-2019)KBO/BCE: BE 0648.952.863

Inactive since 21-04-2026; last annual accounts for financial year 2018.

Summary

VA CONSTRUCTIME was declared bankrupt on 06-07-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian Official Gazette on 29-04-2026.

VA CONSTRUCTIMEBankruptcy closed

Financials · financial year 2018, micro format

2018 annual accounts filed late (117 days) Filed on 25 November 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-74400253.

Equity
-€20,083
Total assets
€156,867
Net result
€51,016
Working capital
-€5,501

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €156,550
Fixed assets €7,321
Current assets €149,229
Equity and liabilities
Equity-€20,083
Debt€176,950
Equity is negative: debt (€176,950) exceeds the balance-sheet total (€156,867).
Key figures and ratios
2018 value
EBITDA
€55,099
Cash flow
€53,841
Solvency
-12.8%
Current ratio
0.96
ROA
32.5%
Debt
€176,950
Debt ≤ 1 year
€154,730
Income taxes
€1,112
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 26 lines
Balance sheet Code2018
Assets
Total assets20/58€156,867
Formation expenses20€317
Fixed assets21/28€7,321
Tangible fixed assets22/27€7,191
Financial fixed assets28€130
Current assets29/58€149,229
Amounts receivable within one year40/41€111,272
Current investments50/53€0
Cash at bank and in hand54/58€36,008
Equity and liabilities
Total equity and liabilities10/49€156,867
Equity10/15-€20,083
Contributions10/11€5,000
Reserves13€5,447
Profit (loss) carried forward14-€30,530
Amounts payable17/49€176,950
Amounts payable within one year42/48€154,730
Trade debts44€150,340
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,825
Gross operating margin9900€189,245
Operating profit (loss)9901€52,275
Recurring financial income75€68
Recurring financial charges65€215
Profit (loss) for the period before taxes9903€52,128
Income taxes67/77€1,112
Profit (loss) for the period9904€51,016
Profit (loss) for the period to be appropriated9905€51,016
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,825
Gross operating margin9900€189,245
Operating profit (loss)9901€52,275
Recurring financial income75€68
Recurring financial charges65€215
Profit (loss) for the period before taxes9903€52,128
Income taxes67/77€1,112
Profit (loss) for the period9904€51,016
Profit (loss) for the period to be appropriated9905€51,016
Line2018
Assets
Total assets20/58€156,867
Formation expenses20€317
Fixed assets21/28€7,321
Tangible fixed assets22/27€7,191
Financial fixed assets28€130
Current assets29/58€149,229
Amounts receivable within one year40/41€111,272
Current investments50/53€0
Cash at bank and in hand54/58€36,008
Equity and liabilities
Total equity and liabilities10/49€156,867
Equity10/15-€20,083
Contributions10/11€5,000
Reserves13€5,447
Profit (loss) carried forward14-€30,530
Amounts payable17/49€176,950
Amounts payable within one year42/48€154,730
Trade debts44€150,340
Line2018
Profit (loss) for the period9904€51,016
+ Depreciation and write-downs630€2,825
Operating cash flow (approximation)€53,841

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

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2018 micro format 25-11-2019 2019-74400253
31-12-2017 micro format 28-09-2018 2018-66100390
31-12-2016 full format 05-07-2017 2017-28200282

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.