Turnover
The micro format states no turnover.
The micro format states no turnover.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 51% of them on solvency, 24% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as A&B Construct has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of A&B Construct itself is higher: 5.1% within 12 months. It rests on far more data about A&B Construct than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for A&B Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.56, below 1. Short-term debt is 52.7% and cash 10.3% of total assets. 52.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its 2024 accounts 61 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| A&B Construct Willebroek | €62,477 | €38,403 | 47.3% | - |
| Betonboringen Schoonis Balen | €71,357 | €40,511 | 43.1% | - |
| TIME2RENO Kasterlee | €59,747 | €33,576 | 40.6% | - |
| MAZ Bonheiden | €71,551 | €32,304 | 32.7% | - |
| ASRoof Etterbeek | €57,365 | €44,397 | 47.4% | - |
| HOOGHE - DE WILDE Destelbergen | €70,412 | €38,221 | 32.1% | - |
| Arnould Thomas Floreffe | €71,026 | €36,439 | 37.5% | - |
These companies have the same main activity as A&B Construct: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €57,400 and €71,600, founded in 2024.
The computed 12-month bankruptcy probability of A&B Construct is 5.1% (elevated). The 2024 annual accounts show equity of €29,539 and a net result of €26,539.
Its solvency ranks better than 51% of 35,956 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €330,000. Estimated: probably between €220,000 and €590,000.
Higher than 51% of 35,956 companies in 2024.
Higher than 8% of 35,354 companies in 2024.
Higher than 93% of 35,538 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2024 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
62,477 | |
21/28 |
43,948 | |
22/27 |
43,948 | |
23 |
2,083 | |
24 |
41,865 | |
29/58 |
18,529 | |
40/41 |
9,873 | |
41 |
9,873 | |
54/58 |
6,414 | |
490/1 |
2,242 | |
| Balance sheet: equity and liabilities | ||
10/49 |
62,477 | |
10/15 |
29,539 | |
10/11 |
3,000 | |
14 |
26,539 | |
17/49 |
32,938 | |
42/48 |
32,938 | |
44 |
23,561 | |
440/4 |
23,561 | |
45 |
9,377 | |
450/3 |
6,677 | |
454/9 |
2,700 | |
| Income statement | ||
9900 |
38,403 | |
630 |
4,722 | |
640/8 |
451 | |
9901 |
33,229 | |
75/76B |
34 | |
75 |
34 | |
65/66B |
69 | |
65 |
69 | |
9903 |
33,193 | |
67/77 |
6,655 | |
9904 |
26,539 | |
9905 |
26,539 | |
| Appropriation of the result | ||
9906 |
26,539 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 30-09-2025.
2024 annual accounts filed 61 days after the deadline. Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00518404.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-09-2025 | 2025-00518404 |
| Line | Trend | 2024 |
|---|---|---|
| 37,951 | ||
| 31,261 | ||
| 48,670 | ||
| -14,409 | ||
| 47.3% | ||
| 0.56 | ||
| 1.12 | ||
| 89.8% | ||
| 42.5% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 |
|---|---|
| Tangible fixed assets | €48,670 |
| €4,722 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 52.7%.
A&B Construct has no parent and no holdings in its annual accounts. A&B Construct shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Dokter Persoonslaan 33 registered office 2830 Willebroek | ||
| August Van Landeghemstraat 63 2830 Willebroek 41001 General construction of residential buildings | 01-07-2024 | 2.361.722.148 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12040A0808/00E000 | 579 m² | 1 · 232 m² | 13.6 m · 3 |
| 12342C0291/00B008 | 423 m² | 1 · 392 m² | 10.8 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1010.850.361
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