E.B. CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for E.B. CONSTRUCT according to publications in the Belgian State Gazette; curator: CAROLINE DE LEPELEIRE.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-10-2023, 71 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
71 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€70k▲ 11,779%
2021 · €588
2021: €588
2021 → 2022
Total assets
€108k▲ 980%
2021 · €10k
2021: €10k
2021 → 2022
Net result
€69k
2021 · €-1k
2021: €-1k
2021 → 2022
Working capital
€63k▲ 7,939%
2021 · €778
2021: €778
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€588-€70k▲ 11,779%
Operating result€-1k-€93k
Net result€-1k-€69k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €93k after a loss of €1k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €108k
Fixed assets
€7k
Current assets
€101k
Equity and liabilities €108k
Equity
€70k ▲ 11,779%
Debt
€38k ▲ 304%
Debt's share of the balance-sheet total falls from 94.1% to 35.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k
Cash flow
€70k
Current ratio
2.65▲
2021 · 1.08
Debt to equity
0.54
ROE
99.2%
ROA
64.2%▲
2021 · -14.1%
Interest coverage
546.57
Debt ≤ 1 year
€38k▲
2021 · €9k
Income taxes
€25k
Staff costs
€7k
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 · 2022 against 2021 · 40 lines
Balance sheet
Code20212022
Assets
Total assets20/58€10k€108k▲
Fixed assets21/28-€7k
Tangible fixed assets22/27-€7k
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€4k
Current assets29/58€10k€101k▲
Amounts receivable within one year40/41€7k€55k▲
Trade receivables40€3k€23k▲
Other amounts receivable41€3k€31k▲
Cash at bank and in hand54/58€3k€46k▲
Deferred charges and accrued income490/1€187-
Equity and liabilities
Total equity and liabilities10/49€10k€108k▲
Equity10/15€588€70k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-1k€68k▲
Amounts payable17/49€9k€38k▲
Amounts payable within one year42/48€9k€38k▲
Trade debts44€2k€11k▲
Suppliers440/4€2k€11k▲
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€15€25k▲
Taxes450/3€15€25k▲
Remuneration and social security454/9-€689
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€190-
Income statement
Code20212022
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€815
Other operating charges640/8€157€763▲
Gross operating margin9900€-1k€102k▲
Operating profit (loss)9901€-1k€93k▲
Financial income75/76B€14€835▲
Recurring financial income75€14€835▲
Financial charges65/66B-€172
Recurring financial charges65-€172
Profit (loss) for the period before taxes9903€-1k€94k▲
Income taxes67/77-€25k
Profit (loss) for the period9904€-1k€69k▲
Profit (loss) for the period to be appropriated9905€-1k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€68k▲
Profit (loss) brought forward from the previous period14P-€-1k
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
2024
14-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 08-10-2024
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €69k
Net result €69k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.65
Current ratio from 1.08 to 2.65.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CAROLINE DE LEPELEIRE KUNSTLAAN 24/9A,
1000 BRUSSEL 1 |
08-10-2024 → present |