Building Advice Belgium
Open bankruptcyA bankruptcy procedure is open for Building Advice Belgium according to publications in the Belgian State Gazette; curator: BRUNO DE RYNCK. The 2021 annual accounts show equity of €12k and a net result of €7k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Equity
€12k▲ 126%
2020 · €5k
2020: €5k
2020 → 2021
Total assets
€162k▲ 87.2%
2020 · €87k
2020: €87k
2020 → 2021
Net result
€7k▲ 26.0%
2020 · €5k
2020: €5k
2020 → 2021
Working capital
€31k▲ 951%
2020 · €3k
2020: €3k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€5k-€12k▲ 126%
Operating result€7k-€10k▲ 35.9%
Net result€5k-€7k▲ 26.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 36% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €162k
Fixed assets
€7k▲ 191%
Current assets
€155k▲ 84.0%
Equity and liabilities €162k
Equity
€12k▲ 126%
Debt
€150k▲ 84.7%
The debt ratio falls from 93.9% to 92.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2020 · €8k
Cash flow
€8k▲
2020 · €6k
Solvency
7.3%▲
2020 · 6.1%
Current ratio
1.25▲
2020 · 1.04
Quick ratio
1.24▲
2020 · 1.04
Debt / equity
12.68
ROE
55.8%▼
2020 · 100.0%
ROA
4.1%▼
2020 · 6.1%
Interest coverage
69.12
Debt
€150k▲
2020 · €81k
Debt ≤ 1 year
€124k▲
2020 · €81k
Debt > 1 year
€27k
Income taxes
€3k▲
2020 · €2k
Staff costs
€61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€87k€162k▲
Fixed assets21/28€3k€7k▲
Tangible fixed assets22/27€3k€7k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€2k
Current assets29/58€84k€155k▲
Stocks and contracts in progress3-€860
Stocks30/36-€860
Amounts receivable within one year40/41€83k€152k▲
Trade receivables40-€151k
Other amounts receivable41-€941
Cash at bank and in hand54/58€86€2k▲
Equity and liabilities
Total equity and liabilities10/49€87k€162k▲
Equity10/15€5k€12k▲
Reserves13€5k€12k▲
Distributable reserves133-€12k
Amounts payable17/49€81k€150k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€81k€124k▲
Financial debts43-€3
Credit institutions430/8-€3
Trade debts44€36k€103k▲
Suppliers440/4-€103k
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45-€17k
Taxes450/3-€7k
Remuneration and social security454/9-€10k
Income statement
Code20202021
Remuneration, social security and pensions62-€61k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478€1k▲
Other operating charges640/8-€1k
Non-recurring operating charges66A-€835
Gross operating margin9900€79k€74k▼
Operating profit (loss)9901€7k€10k▲
Financial income75/76B-€73
Recurring financial income75€32€73▲
Financial charges65/66B-€163
Recurring financial charges65€485€163▼
Profit (loss) for the period before taxes9903€7k€10k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7k
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
13-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · BV BUILDING ADVICE BELGIUM HOGE VOUTE 27, 8902 ZILLEBEKE · event 07-02-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
2021
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2019
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.
Hoge Voute 278902 IeperGround area
266 m²
Building footprint
95 m²
Volume, LiDAR
608 m³
Parcel 33036A0257/00X004, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Building Advice Belgium
since 20192.296.186.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33036A0257/00X004 | Flanders | 266 m² | 1 · 95 m² | 8.9 m · 2 fl. |
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 | BRUNO DE RYNCK NIJVERHEIDSTRAAT 2, 8900 IEPER- |
07-02-2023 → present |
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2019
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.