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VMS CONSTRUCT

Open bankruptcy
Private limited companyfounded 2016Steenweg op Mechelen 455, 1950 Kraainem, Belgium960 active companies are registered at this addressKBO/BCE: BE 0649.513.483

A bankruptcy procedure is open for VMS CONSTRUCT according to publications in the Belgian Official Gazette; trustee: Thierry Bindelle.

Summary

The 2019 annual accounts show equity of €55,438 and a net result of €57,516.

VMS CONSTRUCTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

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.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
7 June 2021
Supervising judge
Baudouin De Hepcee
Official Gazette
15-06-2021 (pdf) ↗search the document for 2021/122441

Deadlines

Appeal or third-party opposition until
passed on 30 June 2021Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 7 July 2021art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 14 July 2021Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 7 June 2022A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Thierry BindelleRue Van Eyck 44 Bte 6, 1000 Fr Bruxelles-Villesecretariat@cabinetbindelle.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€183,609total assets 2019
Staff
4 FTE
Equity
€55,438
Profit
€57,516
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyShow the evidence

Signals

1 signal.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Supervising judge replacedFrench-language Enterprise Court of Brussels…
  2. OpeningFrench-language Enterprise Court of Brussels…
  3. Annual accounts filedfinancial year 2019 · micro…

Financials · financial year 2019, micro format

2019 annual accounts filed late (122 days) Filed on 30 November 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-73800385.

Equity
€55,438
2018 · -€2,077
Total assets
€183,609▼ 26.6%
2018 · €250,133
Net result
€57,516▲ 160%
2018 · €22,079
Working capital
€52,527
2018 · -€9,786
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result rises in 2019; 2019 is 140% above 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€101,736 2019 Net result€57,516 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Operating result€42,428-€101,736▲ 140%
Net result€22,079-€57,516▲ 160%
Equity-€2,077-€55,438
Total assets€250,133-€183,609▼ 26.6%
Debt€252,210-€128,170▼ 49.2%
Working capital-€9,786-€52,527
Staff (FTE)3.4-4▲ 17.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €183,609
Fixed assets €2,911 ▼ 62.2%
Current assets €180,697 ▼ 25.5%
Equity and liabilities €183,609
Equity €55,438
Debt €128,170
Debt finances 69.8% of the balance-sheet total.
Key figures and ratios
2019 value · change against 2018
EBITDA
€103,319▲
2018 · €45,817
Cash flow
€59,098▲
2018 · €25,467
Current ratio
1.41▲
2018 · 0.96
ROE
103.7%
ROA
31.3%▲
2018 · 8.8%
Debt ≤ 1 year
€128,170▼
2018 · €252,210
Income taxes
€36,100▲
2018 · €4,710
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 · 2019 against 2018 · 23 lines
Balance sheet Code20182019
Assets
Total assets20/58€250,133€183,609▼
Fixed assets21/28€7,709€2,911▼
Tangible fixed assets22/27€7,273€2,475▼
Financial fixed assets28€436€436=
Current assets29/58€242,424€180,697▼
Amounts receivable within one year40/41€221,820€130,522▼
Cash at bank and in hand54/58€3,430€45,570▲
Equity and liabilities
Total equity and liabilities10/49€250,133€183,609▼
Equity10/15-€2,077€55,438▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€8,277€49,238▲
Amounts payable17/49€252,210€128,170▼
Amounts payable within one year42/48€252,210€128,170▼
Trade debts44€215,275€73,615▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,388€1,582▼
Gross operating margin9900€173,894€277,227▲
Operating profit (loss)9901€42,428€101,736▲
Recurring financial income75€180€150▼
Recurring financial charges65€15,819€8,271▼
Profit (loss) for the period before taxes9903€26,789€93,616▲
Income taxes67/77€4,710€36,100▲
Profit (loss) for the period9904€22,079€57,516▲
Profit (loss) for the period to be appropriated9905€22,079€57,516▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,388€1,582▼ 53.3%
Gross operating margin9900€173,894€277,227▲ 59.4%
Operating profit (loss)9901€42,428€101,736▲ 140%
Recurring financial income75€180€150▼ 16.4%
Recurring financial charges65€15,819€8,271▼ 47.7%
Profit (loss) for the period before taxes9903€26,789€93,616▲ 249%
Income taxes67/77€4,710€36,100▲ 666%
Profit (loss) for the period9904€22,079€57,516▲ 160%
Profit (loss) for the period to be appropriated9905€22,079€57,516▲ 160%
Line20182019Change
Assets
Total assets20/58€250,133€183,609▼ 26.6%
Fixed assets21/28€7,709€2,911▼ 62.2%
Tangible fixed assets22/27€7,273€2,475▼ 66.0%
Financial fixed assets28€436€436=
Current assets29/58€242,424€180,697▼ 25.5%
Amounts receivable within one year40/41€221,820€130,522▼ 41.2%
Cash at bank and in hand54/58€3,430€45,570▲ 13×
Equity and liabilities
Total equity and liabilities10/49€250,133€183,609▼ 26.6%
Equity10/15-€2,077€55,438-
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€8,277€49,238-
Amounts payable17/49€252,210€128,170▼ 49.2%
Amounts payable within one year42/48€252,210€128,170▼ 49.2%
Trade debts44€215,275€73,615▼ 65.8%
Line20182019Change
Profit (loss) for the period9904€22,079€57,516▲ 160%
+ Depreciation and write-downs630€3,388€1,582▼ 53.3%
Operating cash flow (approximation)€25,467€59,098▲ 132%
Investment in fixed assets (approximation)-€3,215-
Change in cash-€42,140-

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 (4)
Financial year Type Filed Reference
31-12-2019 micro format 30-11-2020 2020-73800385
31-12-2018 micro format 24-02-2020 2020-05900589
31-12-2017 micro format 31-08-2018 2018-59000420
31-12-2016 micro format 20-08-2018 2018-47300491

Similar companies · same sector, comparable size

Of the 7,221 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,514. 3,450 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Thierry Bindelle
Rue Van Eyck 44 Bte 6, 1000 Fr Bruxelles-Ville
07-06-2021 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

VMS CONSTRUCT was incorporated on 1 March 2016.1 The company has filed 4 sets of annual accounts, the latest for financial year 2019.2 On 7 June 2021 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2019
  3. 3Belgian Official Gazette, 15-06-2021

Acts, filings and financial milestones

2026
29-06
Bankruptcy Supervising judge replaced
French-language Enterprise Court of Brussels · judgment of 22-06-2026
2021
15-06
Bankruptcy Opening
French-language Enterprise Court of Brussels · judgment of 07-06-2021
2020
30-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 122 days late
24-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 208 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
20-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 385 days late
SignalNBB filing
0 of 6 deeds read
About the unread acts

We know of 6 Belgian Official 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.

Register details

Identification
Legal formPrivate limited company
Founded01-03-2016
Financial year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Contact
E-mail lobiconstruct@gmail.com
Phone 0486742749
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 27 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kraainem · 1 establishment unit since 2016
registered office establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
988 m²
Building volume
35,310 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m. Linked by address, not a title deed.
960 companies at this address See who is registered here
1 establishment unit
Pagodenlaan 107, 1020 Brussel
General construction of residential buildings
since 2016unit no. 2.255.672.840
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14
21819D0016/00M003 Brussels 283 m² 1 · 123 m² 12.9 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.