Alex M Construct
ActiveSummary
Alex M Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €35,551 and a net result of €34,551. Its solvency ranks better than 62% of 11,502 sector peers (NACE 71, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-2024 Normal situation
- Activity
- Activities of building architects NACE 71111
- Establishment unit
- 2.355.576.803 1410 Waterloo, since 23-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Board and ownership
Board
- Alexandre MEASDirector · since 01-01-2024
Shareholders
- Alexandre MEAS100 sharesdeed of 25-01-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2024
- Gross margin
- €43,893
- Turnover
- ≈ €120,000
- estimated
- Profit
- €34,551
- Equity
- €35,551
- Total assets
- €53,592
Score breakdownraises riskFigures for financial year 2024 (filed on 04-07-2025)Founded in 2024lowers riskLiquidity: current ratio 2.97, cash €52,651Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence
Checked score
Score 2024
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 76% of micro companies in architecture and engineering (NACE 71)
Financial strength
Strong
Solvency
91
equity 66.3% of total assets
Liquidity
85
short-term debt 33.7% · cash 98.2%
Profitability
100
return on assets 64.5%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.5%
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -0.6 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged 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 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.97, above the usual 1.5. Short-term debt is 33.7% and cash 98.2% of total assets. 33.7% 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 71, micro). It does better than 64% of them on solvency, 75% on liquidity and 88% on profitability.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2024.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 27 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
Annual accounts 2024 filed on 04-07-2025 PDF
Turnover
≈ €120,000
Estimated: probably between €93,000 and €180,000
Total assets
€53,592
Net result
€34,551
Working capital
€35,496
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €53,592
Fixed assets
€56
Current assets
€53,537
Equity and liabilities €53,592
Equity
€35,551
Debt
€18,041
Debt's share of the balance-sheet total is 33.7%.
Key figures and ratios
Current ratio
2.97
Debt to equity
0.51
ROE
97.2%
ROA
64.5%
Debt ≤ 1 year
€18,041
Income taxes
€8,830
Investments
| Item | 2024 |
|---|---|
| Financial fixed assets | €56 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €537 |
| Gross operating margin9900 | €43,893 |
| Operating profit (loss)9901 | €43,356 |
| Financial income75/76B | €100 |
| Recurring financial income75 | €100 |
| Financial charges65/66B | €75 |
| Recurring financial charges65 | €75 |
| Profit (loss) for the period before taxes9903 | €43,381 |
| Income taxes67/77 | €8,830 |
| Profit (loss) for the period9904 | €34,551 |
| Profit (loss) for the period to be appropriated9905 | €34,551 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €53,592 | |
| Fixed assets21/28 | €56 | |
| Financial fixed assets28 | €56 | |
| Current assets29/58 | €53,537 | |
| Amounts receivable within one year40/41 | €886 | |
| Other amounts receivable41 | €886 | |
| Cash at bank and in hand54/58 | €52,651 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €53,592 | |
| Equity10/15 | €35,551 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €34,551 | |
| Distributable reserves133 | €34,551 | |
| Amounts payable17/49 | €18,041 | |
| Amounts payable within one year42/48 | €18,041 | |
| Trade debts44 | €1,328 | |
| Suppliers440/4 | €1,328 | |
| Taxes, remuneration and social security45 | €16,713 | |
| Taxes450/3 | €14,231 | |
| Remuneration and social security454/9 | €2,482 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €34,551 |
| Operating cash flow (approximation) | €34,551 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Alex M Construct has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Alex M Construct itself is lower: 0.3% within 12 months. It rests on far more data about Alex M Construct than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for Alex M 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 04-07-2025 | 2025-00231997 |
Board & ownership
Directors
Directors
1 director, since incorporation
Alexandre MEAS
Current
Director (not named in the articles) · since 01-01-2024 · term without a fixed end · listed in the 2024 annual accounts, filed on 04-07-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 25-01-2024Owners and capital
Shareholders
At incorporation
deed of 25-01-2024 ↗
- Alexandre MEAS 100 shares (100%) · €1,000 in cash
Capital transactions
Capital over time
- 25-01-2024 Incorporation · €1,000 · 100 shares
Articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Libérées à leur émission, En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Contrôle de la société, 3 ans”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…”
Articles of association, deed of 25-01-2024 (in French)
Network & group
Alex M Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Alex M Construct. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Deeds, filings and financial milestones
2025
04-07
micro format · 27 days before the deadline
2024
25-01
Gazette deed
IncorporationFounding capital of €1,000, 100 shares · Founder: Alexandre MEAS · Appointment: Alexandre MEAS (director)6 points ▸
Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: Alexandre MEAS · Appointment: Alexandre MEAS (director)6 points ▸
- Incorporation, 19-01-2024
- Founder, Alexandre MEAS
- Founding capital, €1,000, 100 shares
- 100 shares
- Director appointment, Alexandre MEAS (director (not named in the articles))
- Registered office clause, Chemin des Postes 103, 1410 Waterloo
- The deed holds 11 more points.
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordName
Alex M Construct in French
Enterprise number
1005.048.474
Legal form
Private limited company
Status
Active, normal situation
Founded
23-01-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-01-2024 (in French)Name clauseThe company operates under this name according to its articles.
Alex M Construct
deed of 25-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 25-01-2024 (in French)Registered office and establishments
Registered office
Chemin des Postes 103, 1410 Waterloo, Belgium
Establishment unit
ALEX M CONSTRUCT, Chemin des Postes 103, 1410 Waterloo since 23-01-2024 · unit number 2.355.576.803
Activities
NACEBEL 202571111
Activities of building architects main activity
Codes under NACEBEL 2008
71111
Architectural and engineering activities; technical testing and analysis main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-01-2024 (in French)
“Les activités d’architecture de construction : études, conception, conseil, contrôle des travaux,; Les activités d’architecture d’intérieur…”
66 activities
- Les activités d’architecture de construction : études, conception, conseil, contrôle des travaux, ...
- Les activités d’architecture d’intérieur (la conception d’aménagements intérieurs, décoration, mobiliers divers)
- Les activités d’architecture d’urbanisme, d’aménagement du territoire, de paysage et de jardin (projets urbanistiques, planifications territoriales (masters plan), aménagements paysagers, aménagements extérieurs)
- Le design c’est-à-dire la création et l’élaboration de projets en vue de la réalisation et de la production d’un objet (produit, espace, service) ou d’un système, qui se situe à la croisée de l’art, de la technique et de la société
- Les activités de conception graphique pour la réalisation de documents imprimés, de pages d’écran, de logos, de dépliants,…
- Les activités des décorateurs d’intérieur
- La réalisation de maquettes et de modèles réduits
- La conception de stands d’exposition
- La scénographie et la muséographie (concerne toute conception de support rédactionnel, graphique, numérique et audio-visuel dans le cadre de missions scénographiques et muséographiques)
- La diffusion et la promotion des disciplines précitées (commissariat d’expositions, conférences, workshops, rédactions d’articles, ...)
- Le développement de programmes pédagogiques dans les disciplines précitées (conférences, workshops avec étudiants, jurys, ateliers dans un cadre scolaire)
- La consultance et la fourniture de conseils divers dans les disciplines précitées
- La société ne peut cependant poser aucun acte quelconque que dans le strict respect du règlement déontologique de l’Ordre des Architectes
- Toutes activités offrant avec la profession d’architecte des liens de connexité et qui sont compatibles avec le Règlement de Déontologie de l’Ordre des Architectes Belges
- La photographie et le graphisme publicitaire et industriel y compris la création de tous photos et documents destinés à la publicité, à la promotion des ventes de tous produits commerciaux, artistiques, artisanaux et autres
- L'achat, la vente, l'importation, la représentation, l'exportation, la production, la location, la distribution de tous articles et accessoires de photographie, le développement de pellicules photographiques et plus généralement tous services se rapportant à la photographie
- L'étude, la recherche, l'obtention, l'exploitation directe ou indirecte, la cession de tous brevets, licences, procédés, modèles ou marques se rapportant à la photographie
- L'entreprise d'exposition et de galerie d’art
- L'entreprise de protection des droits d’auteur
- La peinture et la décoration artistique
- La sérigraphie et gravure à l'eau forte
- L'exploitation d'un atelier de gravure
- La fabrication d'articles spéciaux pour publicité et étalage
- L'exploitation d'un atelier d'impression héliographique
- L'exploitation d'impression et de composition typographique
- L'exploitation d'impression lithographique et offset
- La réalisation de reportages photographiques
- Toutes opérations ayant un rapport direct ou indirect avec la construction, la rénovation et l’équipement de bâtiments, y compris la planification et la coordination des corps de métiers du gros œuvre et du parachèvement - dans la limite des règles relatives à l’accès à la profession
- La réalisation de toutes opérations se rapportant directement ou indirectement aux activités de prestations de services, intermédiaire commercial aux entreprises industrielles et commerciales
- Entreprise générale de construction, entreprise de plafonnage, entreprise de charpenterie, menuiserie et menuiserie métallique, entreprise de vitrerie, entreprise de peinture et tapissage, entreprise de chauffage central, installation sanitaire et plomberie
- Recherche et gestion de tous chantiers et consultance ayant un rapport direct ou indirect avec l’entreprise générale de construction
- Zinguerie
- Entreprise de peinture industrielle
- Entreprise de corniches en P.V.C., entreprise de démoussage de toitures, entreprise de ramonage de cheminées
- Entreprise d'installation d'échafaudages, de rejointoyage et nettoyage de façades
- Entreprise de travaux d'égouts, de travaux de distribution d'eau et de gaz, entreprise de travaux de pose de câbles et de canalisations diverses
- Entreprise d'aménagement de plaines de jeux et de sports, parcs et jardins
- Entreprise de terrassement, entreprise de travaux de drainage
- Entreprise de ventilation, de chauffage à air chaud, de conditionnement d'air et tuyauteries industrielles, entreprise de placement de paratonnerres
- Entreprise de placement de ferronnerie, volets, menuiseries métalliques et P.V.C.
- Entreprise de coffrage et ferraillage
- Entreprise de sous-traitance
- Fabrication d'agglomérés de ciment et de produits préfabriqués en ciment ou/et en béton
- Entreprise de garnissage de meubles non métalliques
- Entreprise de construction, réfection, entretiens des routes, pose de plaques de plâtre
- Entreprise de construction de pavillons démontables et de baraquements non métalliques, entreprise de constructions métalliques
- Location de matériel de construction
- Entreprise de travaux de carrelage et de mosaïque et tous autres revêtements de murs et de sols, le bois excepté
- Entreprise de travaux de plafonnage, de cimentage et de tous les autres enduits
- Entreprise de couvertures de constructions
- Entreprise d'installation de sanitaire, de chauffage au gaz et de plomberie-zinguerie
- Entreprise d'installation d'éclairage, de force motrice et de téléphonie
- Intermédiaire commercial
- Prestations de services divers
- Gestion administrative et technique de tous chantiers
- Construction générale de bâtiments résidentiels
- Réalisation du gros oeuvre de bâtiments et cellule multiples ( appartements .. etc)
- Construction générale d' immeubles de bureaux
- Construction générale d' autres bâtiments non résidentiels
- Travaux de démolition
- Démolition d' immeubles et autres constructions
- Installations électriques des bâtiments
- La constitution, la gestion, l’exploitation, la mise en valeur d’un patrimoine immobilier, et pour ce faire, la mise en vente, l’aliénation, l’acquisition, la location de tout bien ou droit réel immobilier
- La constitution, la gestion, l’exploitation, la mise en valeur d’un patrimoine mobilier, en ce compris la prise de participations ; sous quelque forme que ce soit, dans toutes sociétés belges ou étrangères, l’acquisition par voie d’achat, de souscription, d’échange ou de toute autre manière, ainsi que l’aliénation par vente, échange, ou de toute autre manière, d’actions, d’obligations, de bons et de valeurs mobilières de toutes espèces
- L’activité de marchand de biens avec ses obligations légales et fiscales
- Toute activité sous forme de mandat ou d’entreprise, de gestion, d’administration, de liquidation, de direction et d’organisation. Elle pourra assurer la gestion journalière et la représentation dans les opérations relevant de cette gestion, des affaires
Invoicing and payment
VAT number
BE 1005.048.474
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 19:00
deed of 25-01-2024 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
328 m²
Building footprint
59 m²
Building volume
513 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25110S0352/00X000 | Wallonia | 328 m² | 1 · 59 m² | 10.0 m · 3 |