Revotec
Open bankruptcyA bankruptcy procedure is open for Revotec according to publications in the Belgian State Gazette; curator: GERT RYDANT.
Summary
Inactive since 17-06-2026; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
29 d late
2020
30 d late
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-29k▼ 1,182%
2020 · €-2k
2018: €8k
2019: €22k
2020: €-2k
2018 → 2021
Total assets
€40k▼ 4.5%
2020 · €42k
2018: €20k
2019: €38k
2020: €42k
2018 → 2021
Net result
€-27k▼ 11.9%
2020 · €-24k
2018: €10k
2019: €21k
2020: €-24k
2018 → 2021
Working capital
€-16k
2020 · €8k
2018: €6k
2019: €19k
2020: €8k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€8k-€22k▲ 173%€-2k€-29k▼ 1,182%
Operating result€12k-€23k▲ 93.6%€-22k€-25k▼ 13.9%
Net result€10k-€21k▲ 114%€-24k€-27k▼ 11.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2021 against €22k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €40k
Fixed assets
€9k ▼ 7.9%
Current assets
€31k ▼ 3.5%
Key figures and ratios
EBITDA
€-19k▼
2020 · €-17k
Cash flow
€-21k▼
2020 · €-19k
Solvency
-72.5%▼
2020 · -5.4%
Current ratio
0.66▼
2020 · 1.35
Quick ratio
0.46▼
2020 · 1.03
Debt to equity
-2.38▲
2020 · -9.07
ROA
-66.9%▼
2020 · -57.0%
Interest coverage
-6.99
Debt
€69k▲
2020 · €44k
Debt ≤ 1 year
€47k▲
2020 · €24k
Debt > 1 year
€22k▲
2020 · €21k
Staff costs
€57k
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 · 50 lines
Balance sheet
Code20202021
Assets
Total assets20/58€42k€40k▼
Fixed assets21/28€10k€9k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23-€7k
Furniture and vehicles24-€244
Financial fixed assets28-€2k
Current assets29/58€32k€31k▼
Stocks and contracts in progress3€8k€9k▲
Stocks30/36-€9k
Amounts receivable within one year40/41€22k€20k▼
Trade receivables40-€9k
Other amounts receivable41-€11k
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€42k€40k▼
Equity10/15€-2k€-29k▼
Contributions10/11-€19k
Reserves13€3k€3k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€1k
Profit (loss) carried forward14€-24k€-51k▼
Amounts payable17/49€44k€69k▲
Amounts payable after more than one year17€21k€22k▲
Financial debts170/4-€22k
Amounts payable within one year42/48€24k€47k▲
Current portion of amounts payable after more than one year42-€16k
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€5k€17k▲
Suppliers440/4-€17k
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45-€6k
Taxes450/3-€3k
Remuneration and social security454/9-€3k
Income statement
Code20202021
Remuneration, social security and pensions62-€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8-€1k
Gross operating margin9900€1k€39k▲
Operating profit (loss)9901€-22k€-25k▼
Financial income75/76B-€577
Recurring financial income75€264€577▲
Financial charges65/66B-€3k
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-24k€-27k▼
Income taxes67/77€177-
Profit (loss) for the period9904€-24k€-27k▼
Profit (loss) for the period to be appropriated9905€-24k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-51k
Profit (loss) brought forward from the previous period14P-€-24k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
04-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · REVOTEC BV LOUIS VAN HOUTTESTRAAT 55/C, 9050 GENTBRUGGE · event 31-07-2023
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Highest result since 2018net €21k ▲114%
Operating result €23k, net result €21k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
04-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent
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.
Louis Van Houttestraat 559050 GentGround area
1,558 m²
Building footprint
641 m²
Volume, LiDAR
3,318 m³
Parcel 44362B0279/00B003, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0279/00B003 | Flanders | 1,558 m² | 1 · 641 m² | 6.8 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 | GERT RYDANT BRUSSELSESTEENWEG 691, 9050 GENT-
BRUGGE |
31-07-2023 → present |
Recognitions · licences · registrations
Dual-learning approval
1 endedPolyvalent onderhoudswerker gebouwen (so)
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Assenede
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43211General electrical installation work
43221Plumbing work
43320Joinery installation
43331Floor and wall tiling
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.revotec.be
E-mail:rik@revotec.be