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ZWALMCONSTRUCT

Bankruptcy
Private limited company (pre-2019)founded 1997Latemdreef(SML) 63, 9630 Zwalm, BelgiumKBO/BCE: BE 0461.020.808
Summary

The KBO register records for ZWALMCONSTRUCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2010 annual accounts show equity of €76,039 and a net result of €943.

Are you a creditor?

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

  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.

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 ↗ 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. Full guide for creditors

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Signals

Two 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 22-08-2011, 22 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
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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

ZWALMCONSTRUCT was incorporated on 16 July 1997.1 Total assets rose from EUR 12,777 in 2006 to EUR 336,602 in 2010 and headcount from 0.9 full-time equivalents in 2008 to 0.9 in 2010.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2006, 2008 and 2010

Go further with this company

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

Financials · fiscal year 2010, abbreviated schema

Equity
€76,039▲ 1.3%
2009 · €75,096
Total assets
€336,602▼ 4.6%
2009 · €353,007
Net result
€943▼ 97.2%
2009 · €33,846
Working capital
€50,731▲ 376%
2009 · €10,657
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
Line20062007200820092010
Operating result-€5,338-€14,491€23,916▲ 65.0%€38,631▲ 61.5%€5,920▼ 84.7%
Net result€1,243-€14,307▲ 1,051%€21,802▲ 52.4%€33,846▲ 55.2%€943▼ 97.2%
Equity€5,141-€19,448▲ 278%€41,250▲ 112%€75,096▲ 82.1%€76,039▲ 1.3%
Total assets€12,777-€197,684▲ 1,447%€521,094▲ 164%€353,007▼ 32.3%€336,602▼ 4.6%
Debt€7,636-€178,236▲ 2,234%€479,844▲ 169%€277,911▼ 42.1%€260,563▼ 6.2%
Working capital-€6,883--€33,562▼ 388%-€55,104▼ 64.2%€10,657€50,731▲ 376%
Staff (FTE)0.91.9▲ 111%0.9▼ 52.6%
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 2006: -€5,338-€5,338Net result 2006: €1,243€1,243Operating result 2007: €14,491€14,491Net result 2007: €14,307€14,307Operating result 2008: €23,916€23,916Net result 2008: €21,802€21,802Operating result 2009: €38,631€38,631Net result 2009: €33,846€33,846Operating result 2010: €5,920€5,920Net result 2010: €943€94320062007200820092010€0€10,000€20,000€30,000€40,000Operating result 2008: €23,916€23,900Net result 2008: €21,802€21,800Operating result 2009: €38,631€38,600Net result 2009: €33,846€33,800Operating result 2010: €5,920€5,920Net result 2010: €943€943200820092010
The operating result falls in 2010; 2010 is 85% below 2009.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €336,602
Fixed assets €169,128 ▼ 30.2%
Current assets €167,474 ▲ 51.4%
Equity and liabilities €336,602
Equity €76,039 ▲ 1.3%
Debt €260,563 ▼ 6.2%
Debt's share of the balance-sheet total falls from 78.7% to 77.4%. Equity is higher and debt is lower.
Key figures and ratios
2010 value · change against 2009
EBITDA
€80,677▼
2009 · €113,094
Cash flow
€75,700▼
2009 · €108,309
Current ratio
1.43▲
2009 · 1.11
Quick ratio
0.71▼
2009 · 0.99
Debt to equity
1.89▼
2009 · 2.37
ROE
1.2%▼
2009 · 45.1%
ROA
0.3%▼
2009 · 9.6%
Debt ≤ 1 year
€116,743▲
2009 · €99,933
Debt > 1 year
€143,820▼
2009 · €177,978
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 · 2010 against 2009 · 22 lines
Balance sheet Code20092010
Assets
Total assets20/58€353,007€336,602▼
Fixed assets21/28€242,417€169,128▼
Tangible fixed assets22/27€242,417€169,128▼
Current assets29/58€110,590€167,474▲
Stocks and contracts in progress3€12,100€85,100▲
Amounts receivable within one year40/41€66,236€76,457▲
Cash at bank and in hand54/58€8,823€4,417▼
Equity and liabilities
Total equity and liabilities10/49€353,007€336,602▼
Equity10/15€75,096€76,039▲
Contributions10/11€14,130€14,130=
Profit (loss) carried forward14€60,966€61,909▲
Amounts payable17/49€277,911€260,563▼
Amounts payable after more than one year17€177,978€143,820▼
Amounts payable within one year42/48€99,933€116,743▲
Trade debts44€96,544€115,969▲
Income statement Code20092010
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,463€74,757▲
Gross operating margin9900€243,554€169,303▼
Operating profit (loss)9901€38,631€5,920▼
Recurring financial charges65€4,785€4,977▲
Profit (loss) for the period before taxes9903€33,846€943▼
Profit (loss) for the period9904€33,846€943▼
Profit (loss) for the period to be appropriated9905€33,846€943▼
Line20062007200820092010Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,265€32,563€48,073€74,463€74,757▲ 0.4%
Gross operating margin9900-€2,371€87,261€155,476€243,554€169,303▼ 30.5%
Operating profit (loss)9901-€5,338€14,491€23,916€38,631€5,920▼ 84.7%
Recurring financial charges65€18€184€2,114€4,785€4,977▲ 4.0%
Profit (loss) for the period before taxes9903€1,243€14,307€21,802€33,846€943▼ 97.2%
Profit (loss) for the period9904€1,243€14,307€21,802€33,846€943▼ 97.2%
Profit (loss) for the period to be appropriated9905€1,243€14,307€21,802€33,846€943▼ 97.2%
Line20062007200820092010Change
Assets
Total assets20/58€12,777€197,684€521,094€353,007€336,602▼ 4.6%
Fixed assets21/28€12,024€64,447€202,576€242,417€169,128▼ 30.2%
Tangible fixed assets22/27€12,024€64,447€202,576€242,417€169,128▼ 30.2%
Current assets29/58€753€133,237€318,518€110,590€167,474▲ 51.4%
Stocks and contracts in progress3-€12,100€12,100€12,100€85,100▲ 603%
Amounts receivable within one year40/41-€112,739€267,529€66,236€76,457▲ 15.4%
Cash at bank and in hand54/58€473€8,398€10,720€8,823€4,417▼ 49.9%
Equity and liabilities
Total equity and liabilities10/49€12,777€197,684€521,094€353,007€336,602▼ 4.6%
Equity10/15€5,141€19,448€41,250€75,096€76,039▲ 1.3%
Contributions10/11€14,130€14,130€14,130€14,130€14,130=
Profit (loss) carried forward14-€8,989€5,318€27,120€60,966€61,909▲ 1.5%
Amounts payable17/49€7,636€178,236€479,844€277,911€260,563▼ 6.2%
Amounts payable after more than one year17--€106,222€177,978€143,820▼ 19.2%
Amounts payable within one year42/48€7,636€166,799€373,622€99,933€116,743▲ 16.8%
Trade debts44€243€163,952€373,622€96,544€115,969▲ 20.1%
Line20062007200820092010Change
Profit (loss) for the period9904€1,243€14,307€21,802€33,846€943▼ 97.2%
+ Depreciation and write-downs630€2,265€32,563€48,073€74,463€74,757▲ 0.4%
Operating cash flow (approximation)€3,508€46,870€69,875€108,309€75,700▼ 30.1%
Investment in fixed assets (approximation)--€84,986-€186,202-€114,304-€1,468▲ 98.7%
Change in cash-€7,925€2,322-€1,897-€4,406▼ 132%

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
22-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 22 days late
2010
31-12
Financial Weakest financial yearnet €943 ▼97.2%
Net result drops to €943, the lowest in the series.
28-07
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
31-12
Financial Highest result since 2006net €33,846 ▲55.2%
Operating result €38,631, net result €33,846, both a record.
18-09
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 49 days late
2008
22-07
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
25-06
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
25-08
NBB filing Annual accounts filed
fiscal year 2005 · abbreviated schema · 25 days late
2005
26-09
NBB filing Annual accounts filed
fiscal year 2004 · abbreviated schema · 57 days late
2004
30-08
NBB filing Annual accounts filed
fiscal year 2003 · abbreviated schema · 30 days late
2002
26-04
NBB filing Annual accounts filed
fiscal year 2000 · abbreviated schema · 269 days late
2000
10-11
NBB filing Annual accounts filed
fiscal year 1999 · abbreviated schema · 102 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Zwalm · 1 establishment unit since 2007
seat establishment approximate The establishment unit on the map
Ground area
2,184 m²
Building footprint
238 m²
Volume, LiDAR
994 m³
Parcel 45049A0237/00E000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zwalmconstruct
Latemdreef(SML) 63, 9630 ZwalmNACE 4525004
since 20072.164.095.536
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45049A0237/00E000 Flanders 2,183 m² 1 · 238 m² 7.3 m · 1 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.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,232 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)
Founded16-07-1997
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43310Plastering work
43350Other building finishing 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 27 September 2026 · Peppol Directory

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