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WITO CONSTRUCT BVBA

Open bankruptcy
Private limited company (pre-2019)founded 2003Kapelsesteenweg 292, 2930 Brasschaat, BelgiumKBO/BCE: BE 0860.208.767

A bankruptcy procedure is open for WITO CONSTRUCT BVBA according to publications in the Belgian State Gazette; curator: STEFAN SNEPVANGERS.

Summary

The 2020 annual accounts show negative equity (-€2,470) and a net result of -€5,053.

WITO CONSTRUCT BVBAOpen 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 Antwerp, Antwerp division
Declared bankrupt
30 December 2021
Supervising judge
Patrick D’Haens
Official Gazette
04-01-2022 (pdf) ↗search the document for 2022/100011

Deadlines

Provisional date payments stopped
30 December 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 19 January 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 29 January 2022art. XX.104 and XX.155 CEL
First verification report
passed on 25 February 2022Goods 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
passed on 30 December 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Stefan SnepvangersGrote Steenweg 154, 2600 Berchem (Antwerpen)s.snepvangers@antwerpius.be

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○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-10-2021, 86 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
86 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 104 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 23 June 2003, WITO CONSTRUCT BVBA was incorporated.1 Total assets went from EUR 32,004 in 2018 to EUR 29,993 in 2020.2 The company was declared bankrupt on 30 December 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 04-01-2022

Go further with this company

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

Financials · fiscal year 2020, abbreviated schema

Equity
-€2,470
2019 · €2,583
Total assets
€29,993=
2019 · €30,008
Net result
-€5,053▲ 27.6%
2019 · -€6,975
Working capital
-€2,470
2019 · €1,847
Trend over the years

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

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€36,953--€6,151-€4,374▲ 28.9%
Net result€36,396--€6,975-€5,053below the sector's middle half▲ 27.6%
Equity€9,558-€2,583▼ 73.0%-€2,470below the sector's middle half
Total assets€32,004-€30,008▼ 6.2%€29,993below the sector's middle half=
Debt€22,447-€27,425▲ 22.2%€32,463▲ 18.4%
Working capital€8,658-€1,847▼ 78.7%-€2,470below the sector's middle half
Solvency29.9%-8.6%▼ 21.3pp-8.2%below the sector's middle half▼ 16.8pp
Current ratio1.39-1.07▼ 0.320.92below the sector's middle half▼ 0.14
Return on assets (ROA)113.7%--23.2%▼ 137.0pp-16.8%below the sector's middle half▲ 6.4pp
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2018: €36,953€36,953Net result 2018: €36,396€36,396Operating result 2019: -€6,151-€6,151Net result 2019: -€6,975-€6,975Operating result 2020: -€4,374-€4,374Net result 2020: -€5,053-€5,053201820192020-€20,000€0€20,000€40,000Operating result 2018: €36,953€37,000Net result 2018: €36,396€36,400Operating result 2019: -€6,151-€6,150Net result 2019: -€6,975-€6,970Operating result 2020: -€4,374-€4,370Net result 2020: -€5,053-€5,050201820192020
The operating result stays negative: a loss of €4,374 in 2020 against €6,151 in 2019; the loss shrinks.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€32,463▲
2019 · €27,425
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 · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€30,008€29,993=
Fixed assets21/28€736-
Financial fixed assets28€736-
Current assets29/58€29,272€29,993▲
Amounts receivable within one year40/41€27,946€27,636▼
Cash at bank and in hand54/58€1,326€2,357▲
Equity and liabilities
Total equity and liabilities10/49€30,008€29,993=
Equity10/15€2,583-€2,470▼
Contributions10/11€18,600-
Reserves13€1,860€1,860=
Profit (loss) carried forward14-€17,877-€22,930▼
Amounts payable17/49€27,425€32,463▲
Amounts payable within one year42/48€27,425€32,463▲
Trade debts44€9,481€10,630▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163-
Gross operating margin9900-€5,640-€3,881▲
Operating profit (loss)9901-€6,151-€4,374▲
Recurring financial income75-€0
Recurring financial charges65€824€679▼
Profit (loss) for the period before taxes9903-€6,975-€5,053▲
Profit (loss) for the period9904-€6,975-€5,053▲
Profit (loss) for the period to be appropriated9905-€6,975-€5,053▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164€163--
Gross operating margin9900€37,573-€5,640-€3,881▲ 31.2%
Operating profit (loss)9901€36,953-€6,151-€4,374▲ 28.9%
Recurring financial income75--€0-
Recurring financial charges65€557€824€679▼ 17.6%
Profit (loss) for the period before taxes9903€36,396-€6,975-€5,053▲ 27.6%
Profit (loss) for the period9904€36,396-€6,975-€5,053▲ 27.6%
Profit (loss) for the period to be appropriated9905€36,396-€6,975-€5,053▲ 27.6%
Line201820192020Change
Assets
Total assets20/58€32,004€30,008€29,993=
Fixed assets21/28€899€736--
Tangible fixed assets22/27€163---
Financial fixed assets28€736€736--
Current assets29/58€31,105€29,272€29,993▲ 2.5%
Amounts receivable within one year40/41€28,236€27,946€27,636▼ 1.1%
Cash at bank and in hand54/58€2,869€1,326€2,357▲ 77.8%
Equity and liabilities
Total equity and liabilities10/49€32,004€30,008€29,993=
Equity10/15€9,558€2,583-€2,470▼ 196%
Contributions10/11€18,600€18,600--
Reserves13€1,860€1,860€1,860=
Profit (loss) carried forward14-€10,902-€17,877-€22,930▼ 28.3%
Amounts payable17/49€22,447€27,425€32,463▲ 18.4%
Amounts payable within one year42/48€22,447€27,425€32,463▲ 18.4%
Trade debts44€6,949€9,481€10,630▲ 12.1%
Line201820192020Change
Profit (loss) for the period9904€36,396-€6,975-€5,053▲ 27.6%
+ Depreciation and write-downs630€164€163--
Operating cash flow (approximation)€36,560-€6,811-€5,053▲ 25.8%
Investment in fixed assets (approximation)-€0--
Change in cash--€1,543€1,031▲ 167%

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

2022
04-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 30-12-2021
2021
25-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial Weakest financial yearnet -€6,975
Net result drops to -€6,975, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
28-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 150 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
25-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
29-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 60 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Brasschaat · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
2,400 m²
Building footprint
126 m²
Volume, LiDAR
727 m³
Parcel 11322E0001/00H003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
86 companies at this address See who is registered here
1 establishment unit
WITO CONSTRUCT
Kapelsesteenweg 292, 2930 BrasschaatNACE 4522001
since 20032.134.860.231
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0001/00H003 Flanders 2,400 m² 1 · 126 m² 8.0 m · 2 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator STEFAN SNEPVANGERS
GROTE STEENWEG 154, 2600 BERCHEM (ANTWERPEN)
30-12-2021 → present

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 1,870 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 (pre-2019)
Founded23-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation 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 28 September 2026 · Peppol Directory

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