SPEED CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for SPEED CONSTRUCT according to publications in the Belgian State Gazette; curator: CAROLINE DE LEPELEIRE.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €70k and a net result of €69k.
Signals
Four 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 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 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 · 1 filingDeviation from the deadline
2023
77 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€70k
Total assets
€93k
Net result
€69k
Working capital
€38k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €93k
Fixed assets
€32k
Current assets
€60k
Equity and liabilities €93k
Equity
€70k
Debt
€22k
Debt finances 24.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€90k
Cash flow
€74k
Current ratio
2.73
Quick ratio
2.53
Debt to equity
0.32
ROE
97.9%
ROA
74.4%
Interest coverage
1760.97
Debt ≤ 1 year
€22k
Income taxes
€16k
Filed annual accounts As filed with the NBB · 2023 · 34 lines
Balance sheet
Code2023
Assets
Total assets20/58€93k
Fixed assets21/28€32k
Tangible fixed assets22/27€32k
Plant, machinery and equipment23€15k
Furniture and vehicles24€17k
Current assets29/58€60k
Stocks and contracts in progress3€4k
Stocks30/36€4k
Amounts receivable within one year40/41€46k
Trade receivables40€45k
Other amounts receivable41€846
Cash at bank and in hand54/58€10k
Equity and liabilities
Total equity and liabilities10/49€93k
Equity10/15€70k
Contributions10/11€2k
Profit (loss) carried forward14€69k
Amounts payable17/49€22k
Amounts payable within one year42/48€22k
Trade debts44€17k
Suppliers440/4€17k
Taxes, remuneration and social security45€6k
Taxes450/3€6k
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€716
Gross operating margin9900€91k
Operating profit (loss)9901€85k
Financial charges65/66B€353
Recurring financial charges65€51
Non-recurring financial charges66B€302
Profit (loss) for the period before taxes9903€85k
Income taxes67/77€16k
Profit (loss) for the period9904€69k
Profit (loss) for the period to be appropriated9905€69k
Appropriation of the result
Profit (loss) to be appropriated9906€69k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k |
| Other operating charges640/8 | €716 |
| Gross operating margin9900 | €91k |
| Operating profit (loss)9901 | €85k |
| Financial charges65/66B | €353 |
| Recurring financial charges65 | €51 |
| Non-recurring financial charges66B | €302 |
| Profit (loss) for the period before taxes9903 | €85k |
| Income taxes67/77 | €16k |
| Profit (loss) for the period9904 | €69k |
| Profit (loss) for the period to be appropriated9905 | €69k |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €93k | |
| Fixed assets21/28 | €32k | |
| Tangible fixed assets22/27 | €32k | |
| Plant, machinery and equipment23 | €15k | |
| Furniture and vehicles24 | €17k | |
| Current assets29/58 | €60k | |
| Stocks and contracts in progress3 | €4k | |
| Stocks30/36 | €4k | |
| Amounts receivable within one year40/41 | €46k | |
| Trade receivables40 | €45k | |
| Other amounts receivable41 | €846 | |
| Cash at bank and in hand54/58 | €10k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €93k | |
| Equity10/15 | €70k | |
| Contributions10/11 | €2k | |
| Profit (loss) carried forward14 | €69k | |
| Amounts payable17/49 | €22k | |
| Amounts payable within one year42/48 | €22k | |
| Trade debts44 | €17k | |
| Suppliers440/4 | €17k | |
| Taxes, remuneration and social security45 | €6k | |
| Taxes450/3 | €6k | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €69k |
| + Depreciation and write-downs630 | €5k |
| Operating cash flow (approximation) | €74k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
19-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 13-01-2026
2025
12-05
KBO administration
Address struck
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Wemmel · 1 establishment unit since 2023
Ground area
6,562 m²
Building footprint
1,984 m²
Volume, LiDAR
20,271 m³
2 parcels, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
SPEED CONSTRUCT
since 20232.344.402.304
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0407/00D011indicative | Flanders | 6,201 m² | 1 · 1,886 m² | 15.3 m · 3 fl. |
| 22662B0382/00E002 | Flanders | 361 m² | 1 · 98 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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 | CAROLINE DE LEPELEIRE KUNSTLAAN 24/9 A,
1000 BRUSSEL 1 |
13-01-2026 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded17-04-2023
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.