Equity
ABC CONSTRUCT paid out €833 in dividends. That is 0% of the 2025 profit.
ABC CONSTRUCT paid out €833 in dividends. That is 0% of the 2025 profit.
The result rose in 2025 from €89,431 to €180,603.
The accounts state no turnover.
Green is investment, beige is depreciation.
Short-term debts fell from €210,623 to €113,327.
Higher net result than 85% of companies in real estate. Sector median €9,997 · 11,290 companies.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 1,000 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 68, micro). It does better than 80% of them on solvency, 63% on liquidity, 95% on profitability and 90% on growth.
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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 3,127 companies had the same profile as ABC CONSTRUCT has now. Each dot stands for 8 companies, two years later.
That fits the bankruptcy probability of ABC CONSTRUCT itself: 0.1% within 12 months.
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 3,127 companies, not a prediction for ABC 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 ample, with a current ratio of 4.58 (2.16 in 2024), above the usual 1.5. Short-term debt is 21.4% and cash 8.6% of total assets. 26.1% 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 last 4 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ABC CONSTRUCT Geel | €529,537 | €245,481 | 73.9% | - |
| APB Construct Hulshout | €681,211 | €294,402 | 15.5% | 3.6 |
| R2ELAN Lommel | €504,863 | €264,400 | 1.0% | - |
| DAMIANI SOSTILIO IMMO Chapelle-lez-Herlaimont | €490,912 | €203,846 | 22.3% | - |
| AEA MAX Sint-Truiden | €480,702 | €213,712 | 29.4% | - |
| VKV Invest Wemmel | €544,934 | €189,207 | 25.0% | - |
| J&J Construct Beersel | €555,390 | €308,704 | 23.7% | - |
These companies have the same main activity as ABC CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €481,000 and €681,000, founded in 2022.
ABC CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €3,320 in 2022 to €245,481 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €520,000. Estimated: probably between €330,000 and €1.2m.
Higher than 81% of 11,299 companies in 2025.
Higher than 83% of 10,851 companies in 2025.
Higher than 95% of 11,184 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
529,537 | 457,062 | 406,722 | 124,919 | |
21/28 |
9,956 | 1,258 | 2,210 | - | |
21 |
305 | 1,258 | 2,210 | - | |
22/27 |
9,651 | - | - | - | |
23 |
1,564 | - | - | - | |
24 |
8,086 | - | - | - | |
29/58 |
519,581 | 455,804 | 404,512 | 124,919 | |
3 |
15,371 | 26,527 | 22,317 | 42,406 | |
30/36 |
15,371 | 26,527 | 22,317 | 42,406 | |
40/41 |
458,139 | 377,657 | 378,320 | 69,341 | |
40 |
80,127 | 85,009 | 134,047 | 40,000 | |
41 |
378,012 | 292,648 | 244,273 | 29,341 | |
54/58 |
45,801 | 24,796 | 3,875 | 13,172 | |
490/1 |
270 | 26,825 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
529,537 | 457,062 | 406,722 | 124,919 | |
10/15 |
391,209 | 211,439 | 122,841 | 12,117 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | |
13 |
381,209 | 201,439 | 112,841 | 2,117 | |
133 |
381,209 | 201,439 | 112,841 | 2,117 | |
17/49 |
138,327 | 245,623 | 283,881 | 112,801 | |
17 |
25,000 | 35,000 | 35,000 | 35,000 | |
170/4 |
25,000 | 35,000 | 35,000 | 35,000 | |
42/48 |
113,327 | 210,623 | 248,881 | 77,797 | |
44 |
76,958 | 125,045 | 118,567 | 76,581 | |
440/4 |
76,958 | 125,045 | 118,567 | 76,581 | |
45 |
35,208 | 81,638 | 42,276 | 903 | |
450/3 |
35,208 | 81,638 | 42,276 | 903 | |
47/48 |
1,162 | 3,940 | 88,038 | 312 | |
492/3 |
- | - | - | 4 | |
| Income statement | |||||
9900 |
245,481 | 120,350 | 148,107 | 3,320 | |
630 |
2,003 | 953 | 647 | - | |
640/8 |
295 | 118 | 109 | - | |
9901 |
243,183 | 119,279 | 147,350 | 3,320 | |
75/76B |
0 | 59 | 255 | - | |
75 |
0 | 59 | 255 | - | |
65/66B |
2,201 | 78 | 40 | 427 | |
65 |
2,201 | 78 | 40 | 427 | |
9903 |
240,982 | 119,260 | 147,566 | 2,893 | |
67/77 |
60,379 | 29,829 | 36,842 | 775 | |
9904 |
180,603 | 89,431 | 110,723 | 2,117 | |
9905 |
180,603 | 89,431 | 110,723 | 2,117 | |
| Appropriation of the result | |||||
9906 |
180,603 | 89,431 | 110,723 | 2,117 | |
691/2 |
179,770 | 88,598 | 110,723 | 2,117 | |
6921 |
179,770 | 88,598 | 110,723 | 2,117 | |
694/7 |
833 | 833 | - | - | |
694 |
833 | 833 | - | - | |
| Document | |||||
The notes to these accounts have 10 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 2025 at the NBB, filed on 05-07-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 245,186 | 120,232 | 147,998 | - | ||
| 182,607 | 90,384 | 111,370 | - | ||
| 10,701 | 0 | 2,858 | - | ||
| 21,006 | 20,921 | -9,297 | - | ||
| 406,254 | 245,181 | 155,630 | 47,122 | ||
| 73.9% | 46.3% | 30.2% | 9.7% | ||
| 4.58 | 2.16 | 1.63 | 1.61 | ||
| 4.45 | 2.04 | 1.54 | 1.06 | ||
| 0.35 | 1.16 | 2.31 | 9.31 | ||
| 46.2% | 42.3% | 90.1% | 17.5% | ||
| 34.1% | 19.6% | 27.2% | 1.7% | ||
| over 100 | over 100 | 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 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €10,701 | - | - | - |
| Intangible fixed assets | - | - | €2,858 | - |
| €2,003 | €953 | €647 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 104% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 53.7% to 26.1%. Equity is higher and debt is lower.
Source: shareholder structure in its own accounts
ABC CONSTRUCT has no parent and no holdings in its annual accounts. COOLS Bert Louis Paula is the only director.
| T & B Development
registered office since 29-03-2000 · founded in 1999 |
total assets €2.9m (2025) 0468.800.208 |
| ABC REAL ESTATE BELGIUM
registered office since 02-02-2021 · founded in 2021 |
total assets €1.6m (2025) 0762.828.190 |
| Vereniging van mede-eigenaars Winkelomseheide 123
registered office since 28-08-2006 |
founded in 2006 0883.411.662 |
| T-INVEST via COOLS Bert Louis Paula, no longer at T-INVEST · Successor manager · deed of 16-04-2019 No longer active |
total assets €419,877 (2022) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 10 June 2022, ABC CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 COOLS Bert Louis Paula has served as director since 2022.3 Total assets went from €124,919 in 2022 to €529,537 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| ABC Construction registered office Winkelomseheide 123, 2440 Geel | 10-06-2022 | 2.332.779.922 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13373K0925/00G012 | 1,170 m² | 1 · 249 m² | 10.6 m · 2 |
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 0787.163.017
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