Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Short-term debts rose from €25,518 to €80,416.
The 2021 accounts came 11 days late. The other six were filed on time.
Lower net result than 89% of companies in real estate. Sector median €5,994 · 17,181 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 100 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 20% of them on solvency, 1% on liquidity, 4% on profitability and 6% 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 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 646 companies had the same profile as AenB Construct has now. Each dot stands for 2 companies, two years later.
Another 0.9% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AenB Construct itself is lower: 1.1% within 12 months. It rests on far more data about AenB Construct than the profile alone.
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 646 companies, not a prediction for AenB 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.84 (1.74 in 2024), below 1. Short-term debt is 99.3% and cash 0% of total assets. 99.3% 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 7 accounts on average 2 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 | ||||
|---|---|---|---|---|
| AenB Construct Antwerp | €81,005 | -€26,093 | 0.7% | - |
| Bouw & Promotie Elzenhof Antwerp | €83,195 | -€18,520 | 39.3% | - |
| Meesters in Wonen Kasterlee | €78,081 | -€2,346 | -77.6% | - |
| LG Bouwpromotie Kalmthout | €107,073 | -€9,064 | 98.7% | - |
| SR LOUVE IMMO La Louvière | €83,943 | -€70,834 | 17.5% | - |
| AMT INVEST Sint-Niklaas | €75,570 | -€149,048 | 88.1% | - |
| Amazonia Construct Nieuwpoort | €98,411 | -€2,213 | -25.9% | - |
These companies have the same main activity as AenB Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €75,600 and €107,000, founded between 2018 and 2019.
AenB Construct files the micro format. That format states no turnover. The gross margin fell from €58,941 in 2019 to -€26,093 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 21% of 17,190 companies in 2025.
Higher than 39% of 16,487 companies in 2025.
Lower than 95% of 16,866 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
81,005 | 61,177 | 68,641 | 47,563 | 41,283 | 41,785 | 80,177 | |
21/28 |
13,238 | 16,896 | - | - | - | 26,350 | 35,650 | |
22/27 |
13,238 | 16,896 | - | - | - | 26,350 | 35,650 | |
23 |
- | - | - | - | - | 776 | 1,553 | |
24 |
13,238 | 16,896 | - | - | - | 25,573 | 34,098 | |
29/58 |
67,767 | 44,282 | 68,641 | 47,563 | 41,283 | 15,435 | 44,527 | |
40/41 |
67,753 | 43,209 | 51,826 | 47,372 | 22,245 | 768 | 20,609 | |
40 |
62,679 | 33,118 | 49,180 | 34,264 | 17,069 | 163 | 15,560 | |
41 |
5,074 | 10,091 | 2,646 | 13,108 | 5,176 | 605 | 5,049 | |
54/58 |
14 | 1,073 | 16,815 | 191 | 19,038 | 14,667 | 23,918 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
81,005 | 61,177 | 68,641 | 47,563 | 41,283 | 41,785 | 80,177 | |
10/15 |
589 | 35,660 | 45,650 | 31,372 | 40,058 | 17,783 | 42,598 | |
10/11 |
8,060 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | 6,200 | - | - | |
1109/19 |
- | - | - | - | 6,200 | - | - | |
13 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | 1,860 | 1,860 | 1,860 | - | - | - | |
14 |
-7,471 | 27,600 | 37,590 | 23,312 | 31,998 | 9,723 | 34,538 | |
17/49 |
80,416 | 25,518 | 22,991 | 16,190 | 1,225 | 24,002 | 37,579 | |
17 |
- | - | - | - | - | 9,931 | 17,204 | |
170/4 |
- | - | - | - | - | 9,931 | 17,204 | |
42/48 |
80,416 | 25,518 | 22,991 | 16,190 | 1,225 | 14,071 | 20,375 | |
42 |
- | - | - | - | - | 7,273 | 7,126 | |
44 |
13,375 | 13,035 | 2,206 | 7,568 | - | 1,460 | 363 | |
440/4 |
13,375 | 13,035 | 2,206 | 7,568 | - | 1,460 | 363 | |
45 |
3,604 | 2,829 | 6,097 | 2,768 | 68 | 4,323 | 12,540 | |
450/3 |
104 | 2,829 | 2,829 | 68 | 68 | - | 10,383 | |
454/9 |
3,500 | - | 3,268 | 2,700 | - | 4,323 | 2,157 | |
47/48 |
63,437 | 9,654 | 14,687 | 5,854 | 1,157 | 1,014 | 346 | |
| Income statement | ||||||||
9900 |
-26,093 | 33,781 | 27,789 | -1,861 | 29,933 | -13,870 | 58,941 | |
62 |
- | 16,436 | 7,634 | - | - | - | - | |
630 |
3,657 | 1,392 | - | - | - | 9,301 | 9,301 | |
640/8 |
806 | 28,409 | - | 6,238 | 7,077 | 898 | 2,084 | |
66A |
- | 500 | 1,841 | 274 | - | 169 | 175 | |
9901 |
-30,557 | -12,956 | 18,314 | -8,373 | 22,856 | -24,239 | 47,381 | |
75/76B |
- | 3,305 | 0 | 1 | 0 | 12 | 25 | |
75 |
- | 3,305 | 0 | 1 | 0 | 12 | 25 | |
65/66B |
4,411 | 340 | 1,208 | 314 | 313 | 532 | 625 | |
65 |
4,411 | 340 | 1,208 | 314 | 313 | 532 | 625 | |
9903 |
-34,967 | -9,990 | 17,107 | -8,686 | 22,543 | -24,759 | 46,781 | |
67/77 |
104 | - | 2,829 | - | 268 | 56 | 10,383 | |
9904 |
-35,071 | -9,990 | 14,278 | -8,686 | 22,275 | -24,815 | 36,398 | |
9905 |
-35,071 | -9,990 | 14,278 | -8,686 | 22,275 | -24,815 | 36,398 | |
| Appropriation of the result | ||||||||
9906 |
-7,471 | 27,600 | 37,590 | 23,312 | 31,998 | 9,723 | 36,398 | |
14P |
27,600 | 37,590 | 23,312 | 31,998 | 9,723 | - | - | |
691/2 |
- | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | 1,860 | |
| Document | ||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00095356 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00091391 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00075819 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00081676 | |
| 30-09-2021 | micro format | 11-05-2022 | 2022-20024530 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-13500087 | |
| 30-09-2019 | micro format | 08-04-2020 | 2020-09000165 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| -26,899 | -11,564 | - | - | - | -14,938 | 56,682 | ||
| -31,414 | -8,599 | - | - | - | -15,514 | 45,699 | ||
| 0 | 18,287 | - | - | - | 0 | 44,951 | ||
| -1,059 | -15,742 | 16,623 | -18,847 | 4,371 | -9,251 | - | ||
| -12,650 | 18,764 | 45,650 | 31,372 | 40,058 | 1,365 | 24,151 | ||
| 0.7% | 58.3% | 66.5% | 66.0% | 97.0% | 42.6% | 53.1% | ||
| 0.84 | 1.74 | 2.99 | 2.94 | 33.71 | 1.10 | 2.19 | ||
| - | 0.72 | 0.50 | 0.52 | 0.03 | 1.35 | 0.88 | ||
| - | -28.0% | 31.3% | -27.7% | 55.6% | -139.5% | 85.4% | ||
| -43.3% | -16.3% | 20.8% | -18.3% | 54.0% | -59.4% | 45.4% | ||
| -6.10 | -34.03 | - | - | - | - | - |
The equity ratios are withheld because equity of €589 is too small for a meaningful ratio.
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €18,287 | - | - | - |
| €3,657 | €1,392 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €30,557, larger than the loss of €12,956 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 41.7% to 99.3%. Equity is lower and debt is higher.
AenB Construct has no parent and no holdings in its annual accounts. Daneli Semion is the only director.
| Philotheek
registered office since 17-06-2016 · founded in 2016 |
total assets €1.1m (2025) 0656.741.963 |
| Eeuwfeestapotheek
registered office since 31-08-2000 · founded in 2000 |
1.9 FTE (2025) 0470.193.840 |
| DR. PINGNET.
registered office since 26-09-2024 · founded in 2024 |
total assets €65,060 (2025) 1014.139.651 |
| A.F. Van Steene
registered office since 03-11-2023 · founded in 2023 |
total assets €35,739 (2025) 1001.896.568 |
| Ampersand Advocaten
registered office since 15-04-2024 · founded in 2024 |
total assets €35,589 (2025) 1008.415.364 |
| Van Steene, Frederic (sole trader)
establishment since 18-12-2025 |
founded in 2025 0894.046.624 |
| V.M.E. MECHELSESTEENWEG 181
registered office since 01-06-1985 |
founded in 1985 0850.358.715 |
| DANELI IMMO via Daneli Semion, no longer at DANELI IMMO · Manager · deed of 21-01-2019 founded in 2019 · accounts filed late |
total assets €928,559 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Mechelsesteenweg 181 registered office 2018 Antwerp | ||
| Jules Steursstraat 10 2100 Antwerp | 04-10-2018 | 2.281.567.682 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11806F1382/00Z010 | 417 m² | 1 · 375 m² | 31.2 m · 9 |
| 11344A0456/00S002 | 151 m² | 1 · 77 m² | 7.0 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 0707.793.756
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