A.S. Construct
ActiveSummary
A.S. Construct has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.3m and a net result of €602,395. Equity is growing by about 75% per year across the filed financial years. Its solvency ranks better than 71% of 232 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Joinery installation
NACE 43320
Largest company by equity in Brakel, Construction sector2 sites
Size
€5.0mtotal assets 2026
- Staff
- 16.2 FTE
- Equity
- €3.3m
- Profit
- €602,395
Turnover not published (abbreviated format)
Why 98lowers riskLiquidity: current ratio 3.20, cash €1.1m, halvedSize: 16.2 FTE, total assets €5.0mFounded in 2006Equity €3.3m (65.9% of total assets)Show the evidence
Checked score
Score 2026
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 43, small)
Financial strength · tick = 2025
Strong
Solvency
91-9
equity 65.9% of total assets
Liquidity
66-27
short-term debt 27.6% · cash 21.5%
Profitability
84-16
return on assets 12.0%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%highest value
12-2024: < 0.1%▼ -0.5 percentage points vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.2, compared with 4.33 in 2025, above the usual 1.5; short-term debt: 27.6% and cash: 21.5% of total assets), and 34.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, small): better than 84% on solvency, 82% on liquidity, 80% on profitability and 78% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-10-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
24 days early
2025
37 days early
2024
28 days late
2023
7 days late
2022
63 days early
2021
62 days early
2020
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
23-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · abbreviated…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Liquidity more than doubledcurrent ratio 4.33
Financials · financial year 2026, abbreviated format
In the rankings
#1 company by equity in Brakel, Construction sector#2 company by total assets in Brakel, Construction sector#7 employer in Brakel
Equity
€3.3m▲ 22.2%
2025 · €2.7m
Total assets
€5.0m▲ 41.1%
2025 · €3.6m
Net result
€602,395▼ 35.0%
2025 · €926,186
Working capital
€3.1m▲ 21.6%
2025 · €2.5m
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result has fallen two years in a row; 2026 is 35% below 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.8m
2026
Net result€0.6m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5.0m
2026
Equity€3.3m
2026
Debt€1.7m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3.1m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)12.0%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency65.9%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.20
2026
Average staff in full-time equivalents (FTE).
Staff (FTE)16.2
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.04m-€0.06m▲ 52.8%€0.2m▲ 243%€0.2m▲ 22.6%€0.5m▲ 120%€1.5m▲ 187%€1.2m▼ 19.4%€0.8m▼ 35.1%
Net result€0.01m-€0.03m▲ 158%€0.1mabove the sector's middle half▲ 304%€0.1mabove the sector's middle half▲ 18.5%€0.4mabove the sector's middle half▲ 162%€1.1mabove the sector's middle half▲ 176%€0.9mabove the sector's middle half▼ 13.6%€0.6m▼ 35.0%
Equity€0.09m-€0.1m▲ 34.0%€0.2mwithin the sector's middle half▲ 103%€0.4mwithin the sector's middle half▲ 60.0%€0.7mabove the sector's middle half▲ 89.7%€1.8mabove the sector's middle half▲ 143%€2.7mabove the sector's middle half▲ 48.9%€3.3m▲ 22.2%
Total assets€1.4m-€1.3m▼ 9.8%€2.0mabove the sector's middle half▲ 55.7%€2.3mabove the sector's middle half▲ 13.5%€2.9mabove the sector's middle half▲ 28.3%€3.6mabove the sector's middle half▲ 23.1%€3.6mabove the sector's middle half▼ 1.9%€5.0m▲ 41.1%
Debt€1.3m-€1.2m▼ 12.7%€1.8m▲ 50.9%€1.9m▲ 7.1%€2.2m▲ 15.5%€1.8m▼ 17.8%€0.9m▼ 52.9%€1.7m▲ 101%
Working capital€0.06m-€0.09m▲ 42.0%€0.2mwithin the sector's middle half▲ 91.4%€0.3mwithin the sector's middle half▲ 64.2%€0.5mabove the sector's middle half▲ 93.7%€1.6mabove the sector's middle half▲ 193%€2.5mabove the sector's middle half▲ 57.1%€3.1m▲ 21.6%
Solvency6.3%-9.4%▲ 3.1pp12.2%below the sector's middle half▲ 2.8pp17.2%below the sector's middle half▲ 5.0pp25.4%within the sector's middle half▲ 8.2pp50.2%within the sector's middle half▲ 24.8pp76.1%above the sector's middle half▲ 25.9pp65.9%▼ 10.2pp
Current ratio1.07-1.12▲ 0.051.12below the sector's middle half▲ 0.011.18within the sector's middle half▲ 0.051.28within the sector's middle half▲ 0.101.97within the sector's middle half▲ 0.694.33above the sector's middle half▲ 2.363.20▼ 1.13
Return on assets (ROA)0.8%-2.4%▲ 1.5pp6.2%within the sector's middle half▲ 3.8pp6.4%within the sector's middle half▲ 0.3pp13.2%within the sector's middle half▲ 6.7pp29.6%above the sector's middle half▲ 16.4pp26.0%above the sector's middle half▼ 3.5pp12.0%▼ 14.0pp
Staff (FTE)11.4-12.7▲ 11.4%15.8above the sector's middle half▲ 24.4%24.8above the sector's middle half▲ 57.0%16.8above the sector's middle half▼ 32.3%15.6above the sector's middle half▼ 7.1%17.1above the sector's middle half▲ 9.6%16.2▼ 5.3%
above
within
below
the middle half of NACE 43, Specialised construction activities: 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 abbreviated format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €5.0m
Fixed assets
€585,876 ▲ 96.5%
Current assets
€4.4m ▲ 36.0%
Equity and liabilities €5.0m
Equity
€3.3m ▲ 22.2%
Debt
€1.7m ▲ 101%
Debt's share of the balance-sheet total rises from 23.9% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€869,957▼
2025 · €1.3m
Cash flow
€686,082▼
2025 · €1.0m
Quick ratio
2.59▼
2025 · 3.88
Debt to equity
0.52▲
2025 · 0.31
ROE
18.2%▼
2025 · 34.2%
Interest coverage
49.58▼
2025 · 68.47
Debt ≤ 1 year
€1.4m▲
2025 · €752,851
Debt > 1 year
€327,057▲
2025 · €98,439
Income taxes
€191,543▼
2025 · €335,184
Staff costs
€1.2m▲
2025 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.004m | €0.009m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.3m | €1.0m | €1.0m | €1.2m | €1.2m | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.09m | €0.08m | €0.08m | ▲ 7.6% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 4.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.009m | €0.02m | €0.004m | ▼ 77.1% |
| Gross operating margin9900 | €0.8m | €0.8m | €1.2m | €1.7m | €1.7m | €2.6m | €2.5m | €2.1m | ▼ 17.0% |
| Operating profit (loss)9901 | €0.04m | €0.06m | €0.2m | €0.2m | €0.5m | €1.5m | €1.2m | €0.8m | ▼ 35.1% |
| Financial income75/76B | - | - | - | €0.002m | €390 | €0.03m | €0.07m | €0.03m | ▼ 62.9% |
| Recurring financial income75 | €0.001m | €0.008m | €0.003m | €0.002m | €390 | €0.03m | €0.07m | €0.03m | ▼ 62.9% |
| Financial charges65/66B | - | - | - | €0.02m | €0.01m | €0.03m | €0.02m | €0.02m | ▼ 6.9% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.03m | €0.02m | €0.02m | ▼ 6.9% |
| Non-recurring financial charges66B | - | - | - | €412 | €0.001m | €0.001m | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.04m | €0.2m | €0.2m | €0.5m | €1.5m | €1.3m | €0.8m | ▼ 37.1% |
| Income taxes67/77 | €0.008m | €0.01m | €0.05m | €0.07m | €0.1m | €0.4m | €0.3m | €0.2m | ▼ 42.9% |
| Profit (loss) for the period9904 | €0.01m | €0.03m | €0.1m | €0.1m | €0.4m | €1.1m | €0.9m | €0.6m | ▼ 35.0% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.03m | €0.1m | €0.1m | €0.4m | €1.1m | €0.9m | €0.6m | ▼ 35.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.3m | €2.0m | €2.3m | €2.9m | €3.6m | €3.6m | €5.0m | ▲ 41.1% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.6m | ▲ 96.5% |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.6m | ▲ 96.8% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 13.8% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.1m | €0.09m | €0.07m | ▼ 23.4% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.08m | €0.06m | €0.02m | €0.4m | ▲ 1,472% |
| Financial fixed assets28 | €378 | €454 | €494 | €359 | €359 | €359 | €359 | - | - |
| Current assets29/58 | €1.0m | €0.9m | €1.6m | €1.9m | €2.5m | €3.2m | €3.3m | €4.4m | ▲ 36.0% |
| Stocks and contracts in progress3 | €0.05m | €0.05m | €0.04m | €0.02m | €0.03m | €0.6m | €0.3m | €0.9m | ▲ 151% |
| Stocks30/36 | - | - | - | €0.02m | €0.03m | €0.6m | €0.3m | €0.5m | ▲ 44.6% |
| Contracts in progress37 | - | - | - | - | - | - | - | €0.4m | - |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.6m | €0.4m | €0.5m | €0.4m | €0.5m | €2.4m | ▲ 433% |
| Trade receivables40 | - | - | - | €0.2m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 7.8% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | - | €0.02m | €2.0m | ▲ 11,530% |
| Current investments50/53 | €0.03m | €0.04m | €0.04m | €0.06m | €0.09m | €0.1m | - | - | - |
| Cash at bank and in hand54/58 | €0.6m | €0.6m | €0.9m | €1.4m | €1.8m | €2.1m | €2.4m | €1.1m | ▼ 55.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.02m | €0.02m | €0.08m | ▲ 255% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €2.0m | €2.3m | €2.9m | €3.6m | €3.6m | €5.0m | ▲ 41.1% |
| Equity10/15 | €0.09m | €0.1m | €0.2m | €0.4m | €0.7m | €1.8m | €2.7m | €3.3m | ▲ 22.2% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.08m | €0.1m | €0.2m | €0.4m | €0.7m | €1.8m | €1.8m | €1.8m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.007m | €0.007m | €0.007m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.007m | €0.007m | €0.007m | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.7m | €1.8m | €1.8m | €1.8m | ▲ 0.4% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0.9m | €1.5m | ▲ 65.0% |
| Amounts payable17/49 | €1.3m | €1.2m | €1.8m | €1.9m | €2.2m | €1.8m | €0.9m | €1.7m | ▲ 101% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 232% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 232% |
| Amounts payable within one year42/48 | €0.9m | €0.8m | €1.4m | €1.6m | €2.0m | €1.6m | €0.8m | €1.4m | ▲ 84.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.2m | €0.08m | €0.06m | €0.1m | ▲ 73.3% |
| Trade debts44 | €0.6m | €0.5m | €0.9m | €0.8m | €1.1m | €1.0m | €0.6m | €1.0m | ▲ 76.1% |
| Suppliers440/4 | - | - | - | €0.8m | €1.1m | €1.0m | €0.6m | €1.0m | ▲ 76.1% |
| Advances received on contracts in progress46 | - | - | - | €0.6m | €0.6m | €0.4m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.04m | €0.2m | €0.1m | €0.2m | ▲ 127% |
| Taxes450/3 | - | - | - | €0.07m | €0.002m | €0.1m | €0.01m | €0.1m | ▲ 1,168% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.04m | €0.04m | €0.1m | €0.1m | ▲ 13.4% |
| Other amounts payable47/48 | - | - | - | €0.005m | €0.009m | €0.02m | - | €0.006m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.03m | €0.1m | €0.1m | €0.4m | €1.1m | €0.9m | €0.6m | ▼ 35.0% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.09m | €0.08m | €0.08m | ▲ 7.6% |
| Operating cash flow (approximation) | €0.1m | €0.1m | €0.2m | €0.2m | €0.5m | €1.2m | €1.0m | €0.7m | ▼ 31.7% |
| Investment in fixed assets (approximation) | - | -€0.08m | -€0.1m | -€0.05m | -€0.1m | -€0.03m | €0.01m | -€0.4m | - |
| Change in cash | - | -€0.03m | €0.3m | €0.6m | €0.4m | €0.3m | €0.3m | -€1.4m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | abbreviated format | 07-10-2026 | 2026-00550663 |
| 31-03-2025 | abbreviated format | 24-09-2025 | 2025-00500920 |
| 31-03-2024 | abbreviated format | 28-11-2024 | 2024-00605633 |
| 31-03-2023 | abbreviated format | 07-11-2023 | 2023-00507998 |
| 31-03-2022 | abbreviated format | 29-08-2022 | 2022-20332751 |
| 31-03-2021 | abbreviated format | 30-08-2021 | 2021-59300104 |
| 31-03-2020 | abbreviated format | 24-09-2020 | 2020-55800599 |
| 31-03-2019 | abbreviated format | 07-10-2019 | 2019-69000394 |
| 31-03-2018 | abbreviated format | 31-10-2018 | 2018-71500040 |
| 31-03-2017 | abbreviated format | 30-10-2017 | 2017-68600404 |
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BE 0451.961.602
Heist-op-den-Berg · equity €3,348,507
BAEYENS & Co
BE 0462.672.479
Herzele · equity €3,362,933
TDK CONSTRUCT
BE 0828.906.867
Deerlijk · equity €3,255,811
MG POSE
BE 0465.605.641
Sambreville · equity €3,247,139
Of the 19,858 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,202. 1,919 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2025 · 1 entry · €1,535 awarded · €1,535 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
SIENAERT Andy
CurrentDirector · since 19-12-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SIENAERT Andy |
|
Owners and capital
Capital and shareholders
Capital over the years
- 19-12-2024 Capital stated in the deed · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2027, expected by
2026
07-10
NBB filing
Annual accounts filed
financial year 2026 · abbreviated format
2025
24-09
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
31-03
Financial
Liquidity more than doubledcurrent ratio 4.33
Current ratio from 1.97 to 4.33; short-term debt falls from €1.6m to €752,851.
31-03
Financial
Equity above €2mequity €2.7m ▲48.9%
A profit in every financial year since 2019 builds equity to €2.7m.
2024
19-12
Gazette deed
Resignation: SIENAERT Andy (manager)Appointment: SIENAERT Andy (director) · Amendment of the articles · Capital conversion11 facts ▸
Gazette deed
Resignation: SIENAERT Andy (manager)
Appointment: SIENAERT Andy (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 16-12-2024
- Amendment of the articles (2 times)
- Capital conversion, “opheffing statutair onbeschikbare eigenvermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Power of attorney, Carmen de Vuyst
- Power of attorney, Kristof Berlengé
- Director resignation, SIENAERT Andy (manager)
- Director appointment, SIENAERT Andy (director)
- Director discharge, SIENAERT Andy
- Registered office clause, “Geraardsbergsestraat 171,9660 Brakel” (deed in Dutch)
- Power of attorney
28-11
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 28 days late
31-03
Financial
Highest result from 2019 to 2026net €1.1m ▲176%
Operating result €1.5m, net result €1.1m, both a record.
31-03
Financial
Equity above €1mequity €1.8m ▲143%
A profit in every financial year since 2019 builds equity to €1.8m.
2023
07-11
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 7 days late
31-03
Financial
Equity above €500,000equity €747,876 ▲89.7%
A profit in every financial year since 2019 builds equity to €747,876.
2022
29-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2021
30-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
Show earlier events
31-03
Financial
Equity above €200,000equity €246,377 ▲103%
A profit in every financial year since 2019 builds equity to €246,377.
2020
24-09
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
31-03
Financial
Equity above €100,000equity €121,628 ▲34%
A profit in every financial year since 2019 builds equity to €121,628.
2019
07-10
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2018
31-10
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2017
30-10
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 19 annual accounts filed, the latest 10 are here; all 19 are under Financials.
1 of 7 deeds read
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded23-08-2006
Financial year end31-03
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883106905
Also
9925:BE0883106905
Registered
12-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0883.106.905
Recognitions · licences · registrations
Recognised contractor
3 categoriesA.S. Construct BVapproval no. 44589
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
- D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
- D20 Metal joineryclass 4, up to €1,080,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Brakel · 2 establishment units since 2006
Ground area
2,958 m²
Building footprint
1,872 m²
Building volume
8,361 m³
2 parcels, Flanders · tallest building 13.5 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
-
since 2006unit no. 2.156.045.823
A.S. Construct
since 2010unit no. 2.300.644.020
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45028B0983/00A002 | Flanders | 2,905 m² | 1 · 1,754 m² | 13.5 m · 2 |
| 41058A0733/00N000 | Flanders | 53 m² | 1 · 118 m² | - |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De montage van buiten- en binnenschrijnwerk van hout of van kunststor…” (deed in Dutch)
21 activities (deed in Dutch)
- De montage van buiten- en binnenschrijnwerk van hout of van kunststor: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen
- De bouw van daken
- Het aanbrengen in gebouwen en andere bouwwerken van:
- Thermisch isolatiemateriaal
- Isolatiemateriaal tegen geluid en trillingen
- De vervaardiging van deuren,ramen,kozijnen,(rol)luiken,afsluitingen…
- De vervaardiging van trappen en leuningen
- De vervaardiging van geprefabriceerde gebouwen en constructies of delen daarvan (inclusief sauna’s),van hout
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort,in hout of kunststof
- De installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof
- De montage van serres,veranda’s enz,in hout of kunststof
- Het aanbrengen in gebouwen en andere bouwwerken van parket en andere houten vloerbedekking,tapijt en vloerbekleding van linoleum,rubber of kunststof met uitzondering van de activiteiten waarvoor de nodige attesten en/of vergunningen niet zijn neergelegd
- Onderneming voor het aanbrengen van chape
- Onderneming voor het uitvoeren van voegwerken
- Het plaatsen van tussenwanden van gipsplaten
- De vervaardiging van meubels van ongeacht welk materiaal
- Het snoeien van bomen en heggen
- Het aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
- Het ontwerpen van tuinen en parken,enz…
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enz…
- De montage van buiten- en binnenschrijnwerk in metaal: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz…
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- A.S.Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of August at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd,ongeacht reden of ogenblik ontbinding, bestuurder(s) in functie krachtens statuten” (deed in Dutch)