ABSOLUTE@CONSTRUCT
ActiveSummary
ABSOLUTE@CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130,117 and a net result of €2,282. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-27
Solvency38▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.15 against 1.41 in 2024; short-term debt: 86.6% and cash: 29.8% of total assets), and 86.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.4%
Return on assets
0.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
16 d early
2023
5 d early
2022
31 d late
2021
2 d early
2020
5 d early
2019
7 d 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 1 day after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€130,117▼ 60.3%
2024 · €327,615
Total assets
€971,883▼ 13.4%
2024 · €1.1m
Net result
€2,282▼ 94.1%
2024 · €38,847
Working capital
€123,994▼ 61.5%
2024 · €322,094
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€31,214▲ 89.1%€14,548▼ 53.4%€164,765▲ 1,033%€45,454▼ 72.4%€14,556▼ 68.0%
Net result€24,468▲ 24.9%€11,859▼ 51.5%€128,553▲ 984%€38,847▼ 69.8%€2,282▼ 94.1%
Equity€397,972▼ 20.2%€399,831▲ 0.5%€438,768▲ 9.7%€327,615▼ 25.3%€130,117▼ 60.3%
Total assets€747,862▼ 9.0%€805,197▲ 7.7%€1.6m▲ 92.8%€1.1m▼ 27.7%€971,883▼ 13.4%
Debt€349,891▲ 8.2%€405,366▲ 15.9%€1.1m▲ 175%€794,162▼ 28.7%€841,766▲ 6.0%
Working capital€434,634▼ 20.1%€415,965▼ 4.3%€433,766▲ 4.3%€322,094▼ 25.7%€123,994▼ 61.5%
Staff (FTE)24.8▼ 2.0%26.5▲ 6.9%45.4▲ 71.3%27.4▼ 39.6%26.3▼ 4.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €971,883
Fixed assets
€6,151 ▼ 15.3%
Current assets
€965,733 ▼ 13.3%
Equity and liabilities €971,883
Equity
€130,117 ▼ 60.3%
Debt
€841,766 ▲ 6.0%
Debt's share of the balance-sheet total rises from 70.8% to 86.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15,240▼
2024 · €47,107
Cash flow
€2,966▼
2024 · €40,499
Current ratio
1.15▼
2024 · 1.41
Debt to equity
6.47▲
2024 · 2.42
ROE
1.8%▼
2024 · 11.9%
ROA
0.2%▼
2024 · 3.5%
Interest coverage
0.55▼
2024 · 3.40
Debt ≤ 1 year
€841,739▲
2024 · €792,421
Income taxes
€2,019▼
2024 · €12,990
Staff costs
€1.9m▼
2024 · €2.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.8m | €1.8m | €3.4m | €2.4m | €1.9m | ▼ 21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,688 | €2,854 | €2,289 | €1,653 | €683 | ▼ 58.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€847 | €0 | €27,922 | €26,347 | €32,125 | ▲ 21.9% |
| Other operating charges640/8 | €2,964 | €3,228 | €3,194 | €3,751 | €3,102 | ▼ 17.3% |
| Non-recurring operating charges66A | €12,229 | €264 | €95 | €467 | €4,927 | ▲ 956% |
| Gross operating margin9900 | €1.9m | €1.8m | €3.6m | €2.5m | €2.0m | ▼ 21.7% |
| Operating profit (loss)9901 | €31,214 | €14,548 | €164,765 | €45,454 | €14,556 | ▼ 68.0% |
| Financial income75/76B | €4,761 | €4,333 | €12,786 | €20,222 | €17,607 | ▼ 12.9% |
| Recurring financial income75 | €4,761 | €4,333 | €12,786 | €20,222 | €17,607 | ▼ 12.9% |
| Financial charges65/66B | €3,123 | €2,304 | €6,251 | €13,840 | €27,862 | ▲ 101% |
| Recurring financial charges65 | €3,123 | €2,304 | €6,251 | €13,840 | €27,862 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €32,853 | €16,578 | €171,300 | €51,836 | €4,301 | ▼ 91.7% |
| Income taxes67/77 | €8,385 | €4,719 | €42,747 | €12,990 | €2,019 | ▼ 84.5% |
| Profit (loss) for the period9904 | €24,468 | €11,859 | €128,553 | €38,847 | €2,282 | ▼ 94.1% |
| Profit (loss) for the period to be appropriated9905 | €24,468 | €11,859 | €128,553 | €38,847 | €2,282 | ▼ 94.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €747,862 | €805,197 | €1.6m | €1.1m | €971,883 | ▼ 13.4% |
| Fixed assets21/28 | €14,059 | €11,204 | €8,915 | €7,263 | €6,151 | ▼ 15.3% |
| Tangible fixed assets22/27 | €13,630 | €10,776 | €8,487 | €6,834 | €6,151 | ▼ 10.0% |
| Plant, machinery and equipment23 | €1,607 | €521 | €0 | - | - | - |
| Furniture and vehicles24 | €3,139 | €2,054 | €969 | €0 | - | - |
| Other tangible fixed assets26 | €8,884 | €8,201 | €7,518 | €6,834 | €6,151 | ▼ 10.0% |
| Financial fixed assets28 | €428 | €428 | €428 | €428 | €0 | ▼ 100% |
| Current assets29/58 | €733,803 | €793,992 | €1.5m | €1.1m | €965,733 | ▼ 13.3% |
| Amounts receivable within one year40/41 | €452,693 | €532,592 | €821,751 | €748,342 | €675,837 | ▼ 9.7% |
| Trade receivables40 | €218,439 | €265,597 | €451,262 | €376,303 | €384,903 | ▲ 2.3% |
| Other amounts receivable41 | €234,253 | €266,996 | €370,489 | €372,040 | €290,934 | ▼ 21.8% |
| Cash at bank and in hand54/58 | €281,111 | €261,400 | €721,359 | €366,173 | €289,896 | ▼ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €747,862 | €805,197 | €1.6m | €1.1m | €971,883 | ▼ 13.4% |
| Equity10/15 | €397,972 | €399,831 | €438,768 | €327,615 | €130,117 | ▼ 60.3% |
| Contributions10/11 | €118,000 | €118,000 | €118,000 | €118,000 | €118,000 | = |
| Reserves13 | €279,972 | €281,831 | €320,768 | €209,615 | €12,117 | ▼ 94.2% |
| Non-distributable reserves130/1 | €11,800 | €11,800 | €0 | - | - | - |
| Reserves not available under the articles1311 | €11,800 | €11,800 | €0 | - | - | - |
| Tax-exempt reserves132 | €97,900 | €0 | - | - | - | - |
| Distributable reserves133 | €170,272 | €270,031 | €320,768 | €209,615 | €12,117 | ▼ 94.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €349,891 | €405,366 | €1.1m | €794,162 | €841,766 | ▲ 6.0% |
| Amounts payable after more than one year17 | €50,224 | €27,202 | €3,909 | €0 | - | - |
| Financial debts170/4 | €50,224 | €27,202 | €3,909 | €0 | - | - |
| Amounts payable within one year42/48 | €299,169 | €378,027 | €1.1m | €792,421 | €841,739 | ▲ 6.2% |
| Current portion of amounts payable after more than one year42 | €22,752 | €23,021 | €23,293 | €3,909 | €0 | ▼ 100% |
| Financial debts43 | €0 | €2,671 | €19,100 | €0 | €6,729 | - |
| Credit institutions430/8 | €0 | €2,671 | €19,100 | €0 | €6,729 | - |
| Trade debts44 | €118,764 | €173,558 | €866,133 | €504,047 | €54,402 | ▼ 89.2% |
| Suppliers440/4 | €118,764 | €173,558 | €866,133 | €504,047 | €54,402 | ▼ 89.2% |
| Taxes, remuneration and social security45 | €16,741 | €98,956 | €84,695 | €35,001 | €90,447 | ▲ 158% |
| Taxes450/3 | €9,687 | €14,293 | €24,055 | €21,617 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €7,054 | €84,662 | €60,639 | €13,384 | €90,447 | ▲ 576% |
| Other amounts payable47/48 | €140,913 | €79,821 | €116,124 | €249,463 | €690,161 | ▲ 177% |
| Accrued charges and deferred income492/3 | €497 | €137 | €4 | €1,742 | €27 | ▼ 98.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,468 | €11,859 | €128,553 | €38,847 | €2,282 | ▼ 94.1% |
| + Depreciation and write-downs630 | €2,688 | €2,854 | €2,289 | €1,653 | €683 | ▼ 58.6% |
| Operating cash flow (approximation) | €27,156 | €14,714 | €130,842 | €40,499 | €2,966 | ▼ 92.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €428 | - |
| Change in cash | - | -€19,711 | €459,959 | -€355,187 | -€76,277 | ▲ 78.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €2,282 ▼94.1%
Net result drops to €2,282, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.12
Current ratio from 2.33 to 5.12; short-term debt falls from €303,462 to €131,223.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 7 establishment units since 2011
Ground area
1.7 ha
Building footprint
4,813 m²
Volume, LiDAR
20,299 m³
7 parcels, Flanders · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
7 establishment units
ABSOLUTE@CONSTRUCT
since 20112.203.951.153
ABSOLUTE@CONSTRUCT
since 20142.232.970.979
ABSOLUTE@CONSTRUCT
since 20152.245.591.867
Absolute@construct.
since 20162.256.253.454
ABSOLUTE@CONSTRUCT
since 20172.271.323.393
ABSOLUTE@CONSTRUCT
since 20182.279.282.046
Show 1 more locations
Absolute@construct
since 20202.301.283.329
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0749/00R003 | Flanders | 1.0 ha | 1 · 2,673 m² | 6.7 m · 1 fl. |
| 36505A0853/00A000 | Flanders | 4,967 m² | 1 · 1,450 m² | 0.0 m |
| 31027D0380/00D002 | Flanders | 473 m² | 1 · 360 m² | 20.8 m · 5 fl. |
| 34352A0064/00M000indicative | Flanders | 279 m² | - | - |
| 36503C1509/00G000 | Flanders | 246 m² | 1 · 108 m² | 15.9 m · 5 fl. |
| 44032A0507/00A000 | Flanders | 241 m² | 1 · 98 m² | 9.5 m · 1 fl. |
| 35013A1014/00M000 | Flanders | 125 m² | 1 · 124 m² | 23.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
6 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 3,690 EUR awarded · 3,863 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 34 EUR |
| 2023 | 1 | 2,752 EUR | 2,891 EUR |
| 2022 | 1 | 938 EUR | 938 EUR |
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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 460 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
70200Business and other management consultancy
72200Scientific research and development
73300Public relations and communication consultancy
78100Employment placement agencies
Scores and ratios are computed by Checked and are not a credit decision.