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A & Y CONSTRUCT

Active
Private limited companyfounded 2014active for 12 yearsDahlialaan 18, 9080 Lochristi, BelgiumKBO/BCE: BE 0552.717.876
Summary

The computed 12-month bankruptcy probability of A & Y CONSTRUCT is 4.8% (elevated). The 2024 annual accounts show equity of €32,975 and a net result of -€6,761. Equity has been growing by about 5.1% per year since 2018. Its solvency ranks better than 17% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-05-2014 Normal situation
Activity
Site preparation NACE 43120and 1 other
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2023
Establishment unit
2.231.037.315 9080 Lochristi, since 19-05-2014
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board
Shareholders
  • Cal Alptekinannual accounts 2017
  • Yuksel Timmermanannual accounts 2017

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Annual accounts 2024
Gross margin
€170,173
▼ 25.0%
Turnover
≈ €550,000
estimated
Loss
€6,761
▼ 49.2%
Equity
€32,975
▼ 17.0%
Total assets
€222,755
▼ 19.8%
Employees on 31-12-2024
2
▼ 60.0%
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 15-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts lateLiquidity: current ratio 0.86, cash €875, halvedlowers riskSize: total assets €222,755Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 19% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 40+1
equity 14.8% of total assets
Liquidity 13-3
short-term debt 69.6% · cash 0.4%
Profitability 65+7
return on assets -3.0%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.1%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 2.2%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.5 percentage points vs 07-2025 09-2025: 3.2%▲ +0.5 percentage points vs 08-2025 10-2025: 4.1%▲ +0.9 percentage points vs 09-2025 11-2025: 2.9%▼ -1.2 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.4%▼ -0.5 percentage points vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.3%▼ -0.1 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.8 percentage points vs 07-2026 09-2026: 3.5%▲ +0.4 percentage points vs 08-2026 10-2026: 4.8%▲ +1.3 percentage points vs 09-2026highest value 11-2026: 4.8%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.86 (0.85 in 2023), below 1. Short-term debt is 69.6% and cash 0.4% of total assets. 85.2% of the assets are financed with debt and provisions.
Calculation

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 17% of them on solvency, 8% on liquidity, 31% on profitability and 20% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 15-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.86, cash €875, halved
NBB · annual accounts
lowers risk · Size: total assets €222,755
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€6,761
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 35969 sector peers (2024).
NBB · sector comparison
Position among 35969 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
71 days late
2023
16 days late
2022
37 days late
2021
96 days late
2020
461 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 119 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.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 85% of companies in specialised constructionsector median €9,466 · 35,938 companies -€6,761 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€6,761 View

Recent changes

  1. · Gazette deed Change of role: ÇAL Alptekin, from manager to director
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as A & Y CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €197,000 and €279,000, founded between 2012 and 2016.

CompanyTotal assetsGross margin
A & Y CONSTRUCT Lochristi€222,755€170,173
SIMON EDDY Herve€251,712€164,506
De Muynck-Geirnaert Beernem€253,578€184,833
ADIMOR Rumst€278,885€162,696
LOONBEDRIJF AERNOUTS TAX Wuustwezel€260,018€142,567
GEYLANI Gent€245,998€168,683
R.B.-Tech Hamme (Vl.)€197,306€125,936
Full comparison

Key facts about A & Y CONSTRUCT

What is the company number of A & Y CONSTRUCT?
The company number of A & Y CONSTRUCT is 0552.717.876. The VAT number is the same number with BE in front: BE 0552.717.876.
Where is A & Y CONSTRUCT based?
The registered office is at Dahlialaan 18, 9080 Lochristi.Company details
What does A & Y CONSTRUCT do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of A & Y CONSTRUCT?
The legal form of A & Y CONSTRUCT is Private limited company (BV).
When was A & Y CONSTRUCT founded?
A & Y CONSTRUCT was founded on 14-05-2014.
Is A & Y CONSTRUCT still active?
Yes, A & Y CONSTRUCT is an active enterprise in the KBO register.
How many employees does A & Y CONSTRUCT have?
A & Y CONSTRUCT had an average of 2.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does A & Y CONSTRUCT fall under?
In its 2023 annual accounts, A & Y CONSTRUCT states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of A & Y CONSTRUCT?
The turnover in financial year 2024 is ≈ €550,000. This figure is estimated from the gross margin of €170,173 and 236 comparable companies (NACE 43). It probably lies between €420,000 and €780,000.
Is A & Y CONSTRUCT profitable?
In financial year 2024, A & Y CONSTRUCT made a loss of €6,761.
Where can I find the annual accounts of A & Y CONSTRUCT?
A & Y CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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