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A&P Construct+

Active
Private limited companyfounded 2016active for 9 yearsSint-Elooisdreef(Kor) 32, 8500 Kortrijk, BelgiumKBO/BCE: BE 0665.802.258
Summary

The computed 12-month bankruptcy probability of A&P Construct+ is 10.1% (high). For A&P Construct+, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €31,884 and a net result of -€5,168. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 8,829 sector peers (NACE 41, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 16 October 2026.

Equity
€31,884▼ 13.9%
2022 · €37,052
Total assets
€71,725▼ 9.2%
2022 · €79,014
Net result
-€5,168
2022 · €23,228
Working capital
€39,193▲ 43.2%
2022 · €27,372
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result turns negative in 2023: a loss of €4,065 after €30,344 in 2022, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€4,065 2023 Net result-€5,168 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result-€4,091--€562▲ 86.3%-€2,552▼ 354%€18,668€30,344▲ 62.5%-€4,065
Net result-€4,329--€864▲ 80.0%-€2,891below the sector's middle half▼ 235%€17,478within the sector's middle half€23,228within the sector's middle half▲ 32.9%-€5,168below the sector's middle half
Equity€3,900-€3,036▼ 22.2%€145below the sector's middle half▼ 95.2%€13,824within the sector's middle half▲ 9,403%€37,052within the sector's middle half▲ 168%€31,884within the sector's middle half▼ 13.9%
Total assets€4,712-€3,036▼ 35.6%€145below the sector's middle half▼ 95.2%€33,816below the sector's middle half▲ 23,146%€79,014within the sector's middle half▲ 134%€71,725within the sector's middle half▼ 9.2%
Debt€812-€19,992€41,962▲ 110%€39,842▼ 5.1%
Working capital€3,900-€1,940within the sector's middle half€27,372within the sector's middle half▲ 1,311%€39,193within the sector's middle half▲ 43.2%
Solvency40.9%within the sector's middle half46.9%within the sector's middle half▲ 6.0pp44.5%within the sector's middle half▼ 2.4pp
Current ratio1.10within the sector's middle half1.66within the sector's middle half▲ 0.562.37within the sector's middle half▲ 0.70
Return on assets (ROA)51.7%above the sector's middle half29.4%above the sector's middle half▼ 22.3pp-7.2%below the sector's middle half▼ 36.6pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €71,725
Fixed assets €3,824 ▼ 62.5%
Current assets €67,902 ▼ 1.3%
Equity and liabilities €71,725
Equity €31,884 ▼ 13.9%
Debt €39,842 ▼ 5.1%
Debt's share of the balance-sheet total rises from 53.1% to 55.5%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€2,823▼
2022 · €32,900
Cash flow
-€3,927▼
2022 · €25,784
Debt to equity
1.25▲
2022 · 1.13
ROE
-16.2%▼
2022 · 62.7%
Interest coverage
-2.25▼
2022 · 22.77
Debt ≤ 1 year
€28,709▼
2022 · €41,444
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€79,014€71,725▼
Fixed assets21/28€10,198€3,824▼
Tangible fixed assets22/27€10,198€3,824▼
Plant, machinery and equipment23€5,065€3,824▼
Furniture and vehicles24€5,134-
Current assets29/58€68,816€67,902▼
Amounts receivable within one year40/41€23,183€53,899▲
Trade receivables40€12,890€53,899▲
Other amounts receivable41€10,293-
Cash at bank and in hand54/58€42,991€7,770▼
Deferred charges and accrued income490/1€2,642€6,234▲
Equity and liabilities
Total equity and liabilities10/49€79,014€71,725▼
Equity10/15€37,052€31,884▼
Contributions10/11€18,600€18,600=
Reserves13-€13,284
Distributable reserves133-€13,284
Profit (loss) carried forward14€18,452-
Amounts payable17/49€41,962€39,842▼
Amounts payable within one year42/48€41,444€28,709▼
Trade debts44€15,507€11,913▼
Suppliers440/4€15,507€11,913▼
Advances received on contracts in progress46€1,243-
Taxes, remuneration and social security45€11,048€1,505▼
Taxes450/3€11,048€1,505▼
Other amounts payable47/48€13,646€15,291▲
Accrued charges and deferred income492/3€518€11,133▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,556€1,241▼
Other operating charges640/8€721€5,497▲
Gross operating margin9900€33,621€2,673▼
Operating profit (loss)9901€30,344-€4,065▼
Financial income75/76B€58€152▲
Recurring financial income75€58€152▲
Financial charges65/66B€1,445€1,256▼
Recurring financial charges65€1,445€1,256▼
Profit (loss) for the period before taxes9903€28,958-€5,168▼
Income taxes67/77€5,729-
Profit (loss) for the period9904€23,228-€5,168▼
Profit (loss) for the period to be appropriated9905€23,228-€5,168▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,452€13,284▼
Profit (loss) brought forward from the previous period14P-€4,776€18,452▲
Transfer to equity691/2-€13,284
To other reserves6921-€13,284

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€1,630€2,556€1,241▼ 51.4%
Other operating charges640/8---€416€721€5,497▲ 662%
Gross operating margin9900-€3,986-€455-€2,443€20,714€33,621€2,673▼ 92.0%
Operating profit (loss)9901-€4,091-€562-€2,552€18,668€30,344-€4,065-
Financial income75/76B---€7€58€152▲ 162%
Recurring financial income75€17--€7€58€152▲ 162%
Financial charges65/66B---€113€1,445€1,256▼ 13.1%
Recurring financial charges65€255€303€339€113€1,445€1,256▼ 13.1%
Profit (loss) for the period before taxes9903-€4,329-€864-€2,891€18,562€28,958-€5,168-
Income taxes67/77---€1,083€5,729--
Profit (loss) for the period9904-€4,329-€864-€2,891€17,478€23,228-€5,168-
Profit (loss) for the period to be appropriated9905-€4,329-€864-€2,891€17,478€23,228-€5,168-
Line201820192020202120222023Change
Assets
Total assets20/58€4,712€3,036€145€33,816€79,014€71,725▼ 9.2%
Fixed assets21/28---€11,883€10,198€3,824▼ 62.5%
Tangible fixed assets22/27---€11,883€10,198€3,824▼ 62.5%
Plant, machinery and equipment23---€5,263€5,065€3,824▼ 24.5%
Furniture and vehicles24---€6,620€5,134--
Current assets29/58€4,712€3,036€145€21,932€68,816€67,902▼ 1.3%
Amounts receivable within one year40/41€4,478€2,537-€10,668€23,183€53,899▲ 132%
Trade receivables40---€3,377€12,890€53,899▲ 318%
Other amounts receivable41---€7,292€10,293--
Cash at bank and in hand54/58€235€499€145€10,910€42,991€7,770▼ 81.9%
Deferred charges and accrued income490/1---€354€2,642€6,234▲ 136%
Equity and liabilities
Total equity and liabilities10/49€4,712€3,036€145€33,816€79,014€71,725▼ 9.2%
Equity10/15€3,900€3,036€145€13,824€37,052€31,884▼ 13.9%
Contributions10/11€12,400€12,400€12,400€18,600€18,600€18,600=
Reserves13-----€13,284-
Distributable reserves133-----€13,284-
Profit (loss) carried forward14-€8,500-€9,364-€12,255-€4,776€18,452--
Amounts payable17/49€812--€19,992€41,962€39,842▼ 5.1%
Amounts payable within one year42/48€812--€19,992€41,444€28,709▼ 30.7%
Trade debts44---€3,087€15,507€11,913▼ 23.2%
Suppliers440/4---€3,087€15,507€11,913▼ 23.2%
Advances received on contracts in progress46---€1,243€1,243--
Taxes, remuneration and social security45---€31€11,048€1,505▼ 86.4%
Taxes450/3---€31€11,048€1,505▼ 86.4%
Other amounts payable47/48---€15,631€13,646€15,291▲ 12.1%
Accrued charges and deferred income492/3----€518€11,133▲ 2,049%
Line201820192020202120222023Change
Profit (loss) for the period9904-€4,329-€864-€2,891€17,478€23,228-€5,168-
+ Depreciation and write-downs630---€1,630€2,556€1,241▼ 51.4%
Operating cash flow (approximation)-€4,329-€864-€2,891€19,108€25,784-€3,927-
Investment in fixed assets (approximation)-----€871€5,134-
Change in cash-€264-€353€10,765€32,081-€35,221-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2023 micro format 07-10-2024 2024-00504254
31-12-2022 micro format 26-07-2023 2023-00270254
31-12-2021 micro format 22-06-2022 2022-20083998
31-12-2020 micro format 24-06-2021 2021-23700454
31-12-2019 micro format 29-06-2020 2020-22000349
31-12-2018 micro format 23-07-2019 2019-36900535
31-12-2017 micro format 24-07-2018 2018-36800150

Similar companies · same sector, comparable size

Of the 29,202 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,153. 12,649 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.