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ALL K CONSTRUCT

Active
Private limited companyfounded 2022active for 4 yearsRue Durlet(CO) 59, 6180 Courcelles, BelgiumKBO/BCE: BE 0784.453.846
Summary

The computed 12-month bankruptcy probability of ALL K CONSTRUCT is 3.3% (moderate). The 2025 annual accounts show negative equity (-€4,791) and a net result of -€607. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€166,045turnover 2025
Staff
≈ 0 FTE, estimated
Equity
-€4,791
Loss
-€607
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Structure
2025 accounts filed 34 days late4 of 5 deeds summarised
Why 48raises riskLast filed accounts filed 34 days late; 3 of the last 3 lateFounded in 2022Negative equity -€4,791Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 14+3
equity -11.3% of total assets
Liquidity 13+7
short-term debt 111.3% · cash 10.2%
Profitability 32-10
return on assets -1.4%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 11-2024: 4.5% 12-2024: 4.5%● unchanged vs 11-2024 01-2025: 4.8%▲ +0.3 percentage points vs 12-2024 02-2025: 4.9%▲ +0.1 percentage points vs 01-2025 03-2025: 4.9%● unchanged vs 02-2025 04-2025: 3.6%▼ -1.3 percentage points vs 03-2025 05-2025: 3.6%● unchanged vs 04-2025 06-2025: 3.6%● unchanged vs 05-2025 07-2025: 3.6%● unchanged vs 06-2025 08-2025: 4.2%▲ +0.6 percentage points vs 07-2025 09-2025: 4.6%▲ +0.4 percentage points vs 08-2025 10-2025: 6.2%▲ +1.6 percentage points vs 09-2025 11-2025: 6.3%▲ +0.1 percentage points vs 10-2025 12-2025: 7.0%▲ +0.7 percentage points vs 11-2025 01-2026: 9.2%▲ +2.2 percentage points vs 12-2025 02-2026: 9.2%● unchanged vs 01-2026 03-2026: 9.2%● unchanged vs 02-2026 04-2026: 8.6%▼ -0.6 percentage points vs 03-2026 05-2026: 8.6%● unchanged vs 04-2026 06-2026: 8.5%▼ -0.1 percentage points vs 05-2026 07-2026: 8.5%● unchanged vs 06-2026 08-2026: 10.7%▲ +2.2 percentage points vs 07-2026highest value 09-2026: 10.7%● unchanged vs 08-2026highest value 10-2026: 3.3%▼ -7.4 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.82, compared with 0.68 in 2024, below 1; short-term debt: 111.3% and cash: 10.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 6% on solvency, 7% on liquidity, 17% on profitability and 24% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Last filed accounts filed 34 days late; 3 of the last 3 late
NBB · filings
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity -€4,791
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€4,791
raises risk · 2025 accounts filed 34 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 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 · 4 filings
Deviation from the deadline
2025
34 days late
2024
398 days late
2023
69 days late
2022
123 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 156 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 November (3 of the last 4 filed years within 63 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Admission: Allaoua Riad (associé actif)Shareholding · Share transfer

Financials · financial year 2025, micro format

2025 annual accounts filed late (34 days) Filed on 3 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498346.

Turnover
€166,045▼ 16.6%
2024 · €199,041
EBIT margin
2.1%▼ 1.8pp
2024 · 3.9%
Net result
-€607
2024 · €2,415
Working capital
-€8,688▲ 17.7%
2024 · -€10,561
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 55% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€166,045 2025 Operating result€3,441 2025 Net result-€607 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Turnover€147,907€199,041▲ 34.6%€166,045▼ 16.6%
Operating result-€2,679--€3,684▼ 37.5%€7,675€3,441▼ 55.2%
Net result-€2,695below the sector's middle half--€8,904below the sector's middle half▼ 230%€2,415within the sector's middle half-€607below the sector's middle half
EBIT margin-2.5%3.9%▲ 6.3pp2.1%▼ 1.8pp
Equity€2,305below the sector's middle half--€6,599below the sector's middle half-€4,185below the sector's middle half▲ 36.6%-€4,791below the sector's middle half▼ 14.5%
Total assets€9,679below the sector's middle half-€21,541below the sector's middle half▲ 123%€29,101below the sector's middle half▲ 35.1%€42,346below the sector's middle half▲ 45.5%
Debt€7,374-€28,140▲ 282%€33,286▲ 18.3%€47,137▲ 41.6%
Working capital€2,305below the sector's middle half--€6,654below the sector's middle half-€10,561below the sector's middle half▼ 58.7%-€8,688below the sector's middle half▲ 17.7%
Solvency23.8%within the sector's middle half--30.6%below the sector's middle half▼ 54.4pp-14.4%below the sector's middle half▲ 16.3pp-11.3%below the sector's middle half▲ 3.1pp
Current ratio1.31within the sector's middle half-0.76below the sector's middle half▼ 0.550.68below the sector's middle half▼ 0.080.82below the sector's middle half▲ 0.13
Return on assets (ROA)-27.8%below the sector's middle half--41.3%below the sector's middle half▼ 13.5pp8.3%within the sector's middle half▲ 49.6pp-1.4%below the sector's middle half▼ 9.7pp
Staff (FTE)1
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42,346
Fixed assets €3,897 ▼ 38.9%
Current assets €38,449 ▲ 69.2%
Equity and liabilities
Equity-€4,791
Debt€47,137
Equity is negative: debt (€47,137) exceeds the balance-sheet total (€42,346).
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,920▼
2024 · €8,996
Cash flow
€1,872▼
2024 · €3,736
Interest coverage
1.74▲
2024 · 1.71
Debt ≤ 1 year
€47,137▲
2024 · €33,286
Income taxes
€659
Staff costs
€846▼
2024 · €44,591
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,101€42,346▲
Fixed assets21/28€6,376€3,897▼
Tangible fixed assets22/27€6,117€3,638▼
Furniture and vehicles24€6,117€3,638▼
Financial fixed assets28€259€259=
Current assets29/58€22,725€38,449▲
Amounts receivable within one year40/41€21,340€34,064▲
Trade receivables40€14,092€24,327▲
Other amounts receivable41€7,248€9,737▲
Cash at bank and in hand54/58€1,385€4,310▲
Deferred charges and accrued income490/1€0€74▲
Equity and liabilities
Total equity and liabilities10/49€29,101€42,346▲
Equity10/15-€4,185-€4,791▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€9,185-€9,791▼
Amounts payable17/49€33,286€47,137▲
Amounts payable within one year42/48€33,286€47,137▲
Trade debts44-€22,612
Suppliers440/4-€22,612
Taxes, remuneration and social security45€23,161€3,910▼
Remuneration and social security454/9€23,161€3,910▼
Other amounts payable47/48€10,124€20,616▲
Income statement Code20242025
Turnover70€199,041€166,045▼
Goods, raw materials, services and sundry goods60/61€155,537€158,960▲
Remuneration, social security and pensions62€44,591€846▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,321€2,479▲
Other operating charges640/8€1,177€1,435▲
Gross operating margin9900€54,764€8,202▼
Operating profit (loss)9901€7,675€3,441▼
Financial income75/76B€1€10▲
Recurring financial income75€1€10▲
Financial charges65/66B€5,261€3,399▼
Recurring financial charges65€5,261€3,399▼
Profit (loss) for the period before taxes9903€2,415€52▼
Income taxes67/77-€659
Profit (loss) for the period9904€2,415-€607▼
Profit (loss) for the period to be appropriated9905€2,415-€607▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,185-€9,791▼
Profit (loss) brought forward from the previous period14P-€11,599-€9,185▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70-€147,907€199,041€166,045▼ 16.6%
Goods, raw materials, services and sundry goods60/61-€150,522€155,537€158,960▲ 2.2%
Remuneration, social security and pensions62-€192€44,591€846▼ 98.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€1,321€2,479▲ 87.7%
Other operating charges640/8€393€1,090€1,177€1,435▲ 21.9%
Gross operating margin9900-€2,285-€2,402€54,764€8,202▼ 85.0%
Operating profit (loss)9901-€2,679-€3,684€7,675€3,441▼ 55.2%
Financial income75/76B-€0€1€10▲ 14×
Recurring financial income75-€0€1€10▲ 14×
Financial charges65/66B€17€5,220€5,261€3,399▼ 35.4%
Recurring financial charges65€17€5,220€5,261€3,399▼ 35.4%
Profit (loss) for the period before taxes9903-€2,695-€8,904€2,415€52▼ 97.8%
Income taxes67/77---€659-
Profit (loss) for the period9904-€2,695-€8,904€2,415-€607-
Profit (loss) for the period to be appropriated9905-€2,695-€8,904€2,415-€607-
Line2022202320242025Change
Assets
Total assets20/58€9,679€21,541€29,101€42,346▲ 45.5%
Fixed assets21/28-€54€6,376€3,897▼ 38.9%
Tangible fixed assets22/27--€6,117€3,638▼ 40.5%
Furniture and vehicles24--€6,117€3,638▼ 40.5%
Financial fixed assets28-€54€259€259=
Current assets29/58€9,679€21,487€22,725€38,449▲ 69.2%
Amounts receivable within one year40/41€8,654€13,628€21,340€34,064▲ 59.6%
Trade receivables40€7,255€10,743€14,092€24,327▲ 72.6%
Other amounts receivable41€1,399€2,885€7,248€9,737▲ 34.3%
Cash at bank and in hand54/58€987€7,784€1,385€4,310▲ 211%
Deferred charges and accrued income490/1€37€74€0€74-
Equity and liabilities
Total equity and liabilities10/49€9,679€21,541€29,101€42,346▲ 45.5%
Equity10/15€2,305-€6,599-€4,185-€4,791▼ 14.5%
Contributions10/11€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€2,695-€11,599-€9,185-€9,791▼ 6.6%
Amounts payable17/49€7,374€28,140€33,286€47,137▲ 41.6%
Amounts payable within one year42/48€7,374€28,140€33,286€47,137▲ 41.6%
Trade debts44€4,485€2,445-€22,612-
Suppliers440/4€4,485€2,445-€22,612-
Taxes, remuneration and social security45-€18,700€23,161€3,910▼ 83.1%
Remuneration and social security454/9-€18,700€23,161€3,910▼ 83.1%
Other amounts payable47/48€2,889€6,995€10,124€20,616▲ 104%
Line2022202320242025Change
Profit (loss) for the period9904-€2,695-€8,904€2,415-€607-
+ Depreciation and write-downs630--€1,321€2,479▲ 87.7%
Operating cash flow (approximation)-€2,695-€8,904€3,736€1,872▼ 49.9%
Investment in fixed assets (approximation)---€7,643€0-
Change in cash-€6,797-€6,400€2,926-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 03-09-2026 2026-00498346
31-12-2024 micro format 02-09-2026 2026-00493904
31-12-2023 micro format 08-10-2024 2024-00505311
31-12-2022 micro format 01-12-2023 2023-00521816

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 8,350 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,319. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 4 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 22-01-2025 ↗
  • Allaoua Karim all shares
  • Allaoua Riad 5 shares
Share transfer act of 22-01-2025 ↗
  • Allaoua Karim to Allaoua Riad 5 shares · 5%
Stated in the act act of 09-04-2024 ↗
  • Allaoua Karim 100 shares
Stated in the act act of 16-01-2024 ↗
  • Allaoua Karim 95 shares
  • Allaoua Riad 5 shares
Share transfer act of 16-01-2024 ↗
  • Allaoua Karim to Allaoua Riad 5 shares · 5%

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Group and network

Connections & network

No directors read yet: 4 of 5 Gazette acts processed.

History

ALL K CONSTRUCT was incorporated on 4 April 2022 as a private limited company.1 The registered office was moved to Courcelles in 2023.2 Turnover grew from €147,907 in 2023 to €166,045 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-03-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
03-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 34 days late
02-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 398 days late
2025
22-01
Gazette deed Admission: Allaoua Riad (associé actif)
Shareholding · Share transfer6 facts ▸
  • General meeting, 10-01-2025
  • Shareholding, 100
  • Member admission, Allaoua Riad (associé actif)
  • Share transfer, Allaoua Karim → Allaoua Riad
  • Shareholding, “parts”, 95 (deed in French)
  • Shareholding, “parts”, 5 (deed in French)
2024
31-12
Financial Back to profitnet €2,415
Net result €2,415 after 2 loss-making years.
08-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 69 days late
09-04
Gazette deed Capital & shares · Resignations & appointments · Miscellaneous
Shareholding · Director in office8 facts ▸
  • General meeting, 06-01-2024
  • Other provision, “composition de l'assemblée générale, actionnaire unique” (deed in French)
  • Other provision, “composition de l'assemblée générale, présent” (deed in French)
  • Other provision, “annulation des décisions de l'assemblée générale du 29-12-2023, associé actif” (deed in French)
  • Other provision, “précision sur mandat et cession de parts”, 02-01-2024 (deed in French)
  • Other provision, “confirmation par Monsieur Allaoua Riad” (deed in French)
  • Shareholding, “parts sociales”, 100 (deed in French)
  • Director in office, Allaoua Karim (director)
16-01
Gazette deed Capital & shares · Resignations & appointments
Share transfer · Shareholding6 facts ▸
  • General meeting, 29-12-2023
  • Other provision, “associé actif, indéterminée” (deed in French)
  • Share transfer, Allaoua Karim → Allaoua Riad
  • Shareholding, 02-01-2024, “parts sociales” (deed in French) (2 times)
  • Other provision, “agenda” (deed in French)
  • Other provision, “validity”, 100 (deed in French)
2023
31-12
Financial Weakest financial yearnet -€8,904
Net result drops to -€8,904, the lowest in the series; recovery starts the following year.
01-12
NBB filing Annual accounts filed
financial year 2022 · micro format · 123 days late
30-03
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 01-03-2023
  • Registered-office move, Rue Durlet,59 6180 Courcelles
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
4 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 4 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded04-04-2022
Financial year end31-12
Activities, NACEBEL 2025
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0784453846
Registered 18-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0784.453.846

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Courcelles · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
861 m²
Parcel 52322B0084/00F067, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALL K CONSTRUCT
Rue Durlet(CO) 59, 6180 CourcellesSite preparation
since 2022unit no. 2.330.573.666
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
52322B0084/00F067 Wallonia 861 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 22-01-2025

Read from the deeds: 1 provision, deed of 22-01-2025