EIB Insulation
A bankruptcy procedure is open for EIB Insulation according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €1.85M and a net result of €126k.
| Equity | €1.85M |
| Net result | €126k |
| Staff (FTE) | 100.4 |
| Better than sector | 12% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.1% | 36.6% | |
| Net result | €126k | €23k | |
| Equity | €1.85M | €96k | |
| Staff costs | €8.16M | €155k | |
| Employees (FTE) | 100.4 | 4.5 |
| Fiscal year | 2023 |
|---|---|
| Revenue | €48.07M |
| EBITDA | €1.01M |
| Net profit | €126k |
| Cash flow | €557k |
| Staff costs | €8.16M |
| Income taxes | €148k |
| Dividends | €320k |
| Total assets | €22.95M |
| Equity | €1.85M |
| Debt | €21.05M |
| of which ≤ 1y | €18.21M |
| of which > 1y | €2.82M |
| Working capital | €1.06M |
| Employees (FTE) | 100.4 |
| 2023 | |
|---|---|
| Current ratio | 1.06 |
| Quick ratio | 0.81 |
| Working capital ratio | 4.6% |
| Solvency | 8.1% |
| Debt / equity | 11.37 |
| Long-term debt ratio | 1.52 |
| Interest coverage | 4.88 |
| Gross margin | 25.8% |
| Net margin | 0.3% |
| ROA | 0.5% |
| ROE | 6.8% |
| EBITDA margin | 2.1% |
| Days sales outstanding | 88d |
| Days payable outstanding | 94d |
| Inventory turnover | 7.84 |
| Days inventory (DSI) | 47d |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €22.95M |
| Fixed assets | 21/28 | €3.68M |
| Intangible fixed assets | 21 | €1.19M |
| Tangible fixed assets | 22/27 | €1.25M |
| Financial fixed assets | 28 | €1.24M |
| Current assets | 29/58 | €19.27M |
| Stocks & contracts in progress | 3 | €4.55M |
| Amounts receivable within one year | 40/41 | €14.37M |
| Cash & bank | 54/58 | €260k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22.95M |
| Equity | 10/15 | €1.85M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €162k |
| Accumulated profits (losses) | 14 | €1.63M |
| Provisions & deferred taxes | 16 | €43k |
| Amounts payable | 17/49 | €21.05M |
| Amounts payable after one year | 17 | €2.82M |
| Amounts payable within one year | 42/48 | €18.21M |
| Trade debts payable within one year | 44 | €9.21M |
| Income statement | ||
| Turnover | 70 | €48.07M |
| Operating result | 9901 | €581k |
| Financial income | 75 | €21k |
| Financial charges | 65 | €495k |
| Result before taxes | 9903 | €267k |
| Income taxes | 67/77 | €148k |
| Net result for the period | 9904 | €126k |
| Result to be appropriated | 9905 | €148k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
20-03-2025 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43230) |
| Legal form | Public limited company(014) |
| Incorporation | 17-12-2014 |
| Status | Active |
| Postal code | 2900 |
| First BS signal | 08-04-2025 |
| Latest BS signal | 08-04-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443C0539/00V000 | Flanders | 400 m² | 1 · 400 m² | 25.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-01-2025 Capital increase
- Inbreng in natura · Apport en nature
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 761500.0,
"delta_eur": 700000.0,
"before_eur": 700000.0,
"share_emission": {
"agio_eur": null,
"share_form": "no_nominal_value",
"share_class": null,
"n_new_shares": 14228,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "natura",
"paid_up_delta_eur": 700000.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"_arith_inconsistent": true,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Wouter NOUWKENS",
"firm_city": null,
"firm_name": "Notariaat Noma",
"office_city": "Malle",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2025-01-08",
"filing_date": "2025-01-06",
"act_kind_objet": "KAPITAAL, AANDELEN"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-12-27",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": "2024-12-26"
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": "0453.925.059",
"firm_name": "Moore Audit BV",
"ibr_number": "B00413",
"mission_type": "apport_nature",
"individual_name": "Liesbet Vandenabeele"
},
"subject_company": {
"kbo": "0506.928.334",
"name_full": "EIB Insulation",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0805.413.665",
"org_name": "Notariaat Noma",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Afschrift van de akte",
"Verslag bestuursorgaan",
"Verslag bedrijfsrevisor",
"Geco\u00F6rdineerde statuten"
],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 15478,
"class_name": "Gewone Aandelen",
"capital_share_eur": 761500.0,
"voting_rights_per_share": 1.0
}
]
}29-11-2024 Vandenabeele Liesbet appointed as statutory auditor
- Vandenabeele Liesbet, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Vandenabeele Liesbet",
"address": null,
"birth_date": null,
"profession": "bedrijfsrevisor",
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": null,
"name": "Moore Audit BV",
"address": "Esplanade 1/96",
"country": null,
"legal_form": "BV"
},
"statutory": "statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "De algemene vergadering herbenoemt Moore Audit BV als commissaris van de vennootschap, met zetel te Esplanade 1/96, die zal vertegenwoordigd worden door mevr. Vandenabeele Liesbet, bedrijfsrevisor.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2027"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-29",
"filing_date": "2024-11-18",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-06-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0506.928.334",
"name_full": "ElB Insulation",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Bichette BV.",
"person_name": null,
"org_rep_person_name": "Franky Verstraeten",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}31-05-2021 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Philippe Caeymaex",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2021-05-31",
"filing_date": "2021-05-27",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, KAPITAAL, AANDELEN, BENAMING, WIJZIGING RECHTSVORM"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2021-05-17",
"unanimous": null
},
"agm_change": null,
"detected_kind": "fusion_completed",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0506.928.334",
"name_full": "EIB INSULATION CONTRACTING",
"legal_form": "BV"
},
"accounts_deposit": {
"filing_kind": null,
"fiscal_year_end": "2021-03-31",
"filing_reference": null
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Tegelijk hiermee afgelegd, afschrift en statuten."
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | EIB Insulation |