BT CONSTRUCTION
Bankruptcy closedInactive since 01-05-2026; last annual accounts for fiscal year 2021.
Summary
BT CONSTRUCTION was declared bankrupt on 24-09-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 28-04-2026, published in the Belgian State Gazette on 07-05-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35k▼ 69.0%
2020 · €114k
2018: €-3k
2019: €60k
2020: €114k
2018 → 2021
Working capital
€160k▲ 41.8%
2020 · €113k
2018: €6k
2019: €31k
2020: €113k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€7k-€67k▲ 858%€181k▲ 169%€217k▲ 19.4%
Operating result€-3k-€72k€116k▲ 60.4%€37k▼ 68.0%
Net result€-3k-€60k€114k▲ 88.5%€35k▼ 69.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 68% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €231k
Fixed assets
€57k ▼ 17.3%
Current assets
€174k ▲ 15.2%
Equity and liabilities €231k
Equity
€217k ▲ 19.4%
Debt
€14k ▼ 62.6%
Debt's share of the balance-sheet total falls from 17.6% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2020 · €131k
Cash flow
€58k▼
2020 · €129k
Current ratio
12.02▲
2020 · 3.92
Debt to equity
0.07
ROE
16.3%▼
2020 · 62.8%
ROA
15.3%▼
2020 · 51.7%
Interest coverage
34.46
Debt ≤ 1 year
€14k▼
2020 · €39k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 38 lines
Balance sheet
Code20202021
Assets
Total assets20/58€220k€231k▲
Fixed assets21/28€69k€57k▼
Tangible fixed assets22/27€69k€50k▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€46k
Financial fixed assets28-€7k
Current assets29/58€151k€174k▲
Amounts receivable within one year40/41€72k€158k▲
Trade receivables40-€17k
Other amounts receivable41-€141k
Cash at bank and in hand54/58€79k€16k▼
Equity and liabilities
Total equity and liabilities10/49€220k€231k▲
Equity10/15€181k€217k▲
Contributions10/11-€20k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€159k€195k▲
Amounts payable17/49€39k€14k▼
Amounts payable within one year42/48€39k€14k▼
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Income statement
Code20202021
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€22k▲
Other operating charges640/8-€2k
Gross operating margin9900€131k€64k▼
Operating profit (loss)9901€116k€37k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€114k€35k▼
Profit (loss) for the period9904€114k€35k▼
Profit (loss) for the period to be appropriated9905€114k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€195k
Profit (loss) brought forward from the previous period14P-€159k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BT CONSTRUCTION BV PASTOOR COOREMANSSTRAAT 3, 1702 DILBEEK · event 28-04-2026
2024
30-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BT CONSTRUCTION BV PASTOOR COOREMANSSTRAAT 3, 1702- DILBEEK · event 24-09-2024
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 12.02
Current ratio from 3.92 to 12.02; short-term debt falls from €39k to €14k.
31-12
Financial
Equity above €200kEq €217k ▲19.4%
3 profitable years in a row build equity to €217k.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial
Highest result since 2018net €114k ▲88.5%
Operating result €116k, net result €114k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.79 to 3.92; short-term debt falls from €39k to €39k.
31-12
Financial
Equity above €150kEq €181k ▲169%
2 profitable years in a row build equity to €181k.
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 143 days late
2019
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
02-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
4,983 m²
Building footprint
2,317 m²
Parcel 23026A0132/00G006, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | ANIEK BERGMANS NINOOFSESTEENWEG 244,
1700 DILBEEK |
24-09-2024 → 28-04-2026 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2010
Fiscal year end31-12
Abbreviation FR
BTC
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:BKR.EXPORT@GMAIL.COM
Phone:0498/31.11.75