Equity
ANKO CONSTRUCT has made a profit without a break since 2020.
ANKO CONSTRUCT has made a profit without a break since 2020.
The accounts state no turnover.
Short-term debts fell from €10,783 to €7,161.
Three of the last ten came late. The 2023 accounts came latest: 41 days after the end of the period.
Higher solvency than 94% of companies in construction of buildings. Sector median 38.6% · 2,818 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, 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 41, micro). It does better than 92% of them on solvency, 55% on liquidity, 70% on profitability and 62% 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 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, 34,693 companies had the same profile as ANKO CONSTRUCT has now. Each dot stands for 87 companies, two years later.
The bankruptcy probability of ANKO CONSTRUCT itself is higher: 1.2% within 12 months. It rests on far more data about ANKO 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 34,693 companies, not a prediction for ANKO 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 8.62 (3.95 in 2024), above the usual 1.5. Short-term debt is 9% and cash 1.4% of total assets. 9% 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 17 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ANKO CONSTRUCT Forest | €79,161 | €24,690 | 91.0% | - |
| RENOVATIS Woluwe-Saint-Lambert | €82,284 | €23,175 | 24.1% | - |
| ALC RENOVATION Anderlecht | €77,808 | €23,159 | 59.8% | - |
| IMMO DLX Watermael-Boitsfort | €89,371 | €25,163 | 14.7% | - |
| ITKAN Molenbeek-Saint-Jean | €82,309 | €31,166 | 61.5% | - |
| BOUWWERKEN RD Balen | €75,997 | €23,376 | 51.4% | - |
| VRS Sint-Lievens-Houtem | €86,280 | €26,673 | -4.8% | - |
These companies have the same main activity as ANKO CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €76,000 and €89,400, founded between 2013 and 2016.
ANKO CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €24,837 in 2015 to €24,690 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €140,000 and €600,000.
Higher than 94% of 2,818 companies in 2025.
Higher than 92% of 2,746 companies in 2025.
Higher than 77% of 2,782 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
79,161 | 71,918 | 66,536 | 69,545 | 35,240 | 31,095 | 18,568 | 18,091 | 35,047 | 29,507 | 26,926 | |
21/28 |
17,459 | 29,370 | 1,089 | 3,147 | 4,647 | 7,813 | 106 | 2,513 | 4,920 | 3,382 | 1,382 | |
22/27 |
17,259 | 29,170 | 1,089 | 3,147 | 4,647 | 7,813 | 106 | 2,513 | 4,920 | 3,382 | 1,382 | |
24 |
17,259 | 29,170 | 1,089 | 3,147 | 4,647 | 7,813 | 106 | 2,513 | 4,920 | 3,382 | 1,382 | |
28 |
200 | 200 | - | - | - | - | - | - | - | - | - | |
29/58 |
61,702 | 42,548 | 65,446 | 66,399 | 30,593 | 23,282 | 18,462 | 15,578 | 30,127 | 26,125 | 25,544 | |
40/41 |
58,404 | 40,140 | 60,082 | 62,740 | 28,716 | 19,687 | 17,433 | 15,025 | 28,294 | 24,580 | 25,538 | |
40 |
44,394 | 32,577 | 38,213 | 60,122 | 21,063 | 9,365 | 6,263 | 6,232 | 12,722 | 14,376 | 19,267 | |
41 |
14,010 | 7,563 | 21,869 | 2,618 | 7,653 | 10,322 | 11,170 | 8,793 | 15,572 | 10,204 | 6,271 | |
54/58 |
1,116 | 347 | 247 | 45 | 369 | 2,172 | 359 | 15 | 827 | 1,474 | 6 | |
490/1 |
2,182 | 2,061 | 5,118 | 3,613 | 1,508 | 1,423 | 670 | 538 | 1,006 | 71 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
79,161 | 71,918 | 66,536 | 69,545 | 35,240 | 31,095 | 18,568 | 18,091 | 35,047 | 29,507 | 26,926 | |
10/15 |
72,000 | 61,135 | 57,164 | 34,977 | 30,879 | 28,634 | 16,135 | 16,810 | 29,712 | 18,638 | 15,585 | |
10/11 |
18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 100 | 100 | |
10 |
- | - | - | 6,200 | - | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 100 | 100 | |
101 |
- | - | - | 12,400 | - | 12,400 | 12,400 | 12,400 | 12,400 | - | - | |
11 |
18,600 | 18,600 | - | - | - | - | - | - | - | - | - | |
1109/19 |
18,600 | 18,600 | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 507 | 507 | 507 | 10 | 2,089 | |
130/1 |
- | - | - | 1,860 | - | 1,860 | - | - | - | - | - | |
130 |
- | - | - | 1,860 | - | 1,860 | 507 | 507 | 507 | 10 | 2,089 | |
133 |
1,860 | 1,860 | 1,860 | - | 1,860 | - | - | - | - | - | - | |
14 |
51,540 | 40,675 | 36,704 | 26,917 | 22,819 | 20,574 | 9,428 | 10,103 | 23,005 | 18,528 | 13,396 | |
17/49 |
7,161 | 10,783 | 9,372 | 34,568 | 4,361 | 2,461 | 2,433 | 1,281 | 5,335 | 10,869 | 11,341 | |
42/48 |
7,161 | 10,783 | 9,372 | 34,568 | 4,361 | 2,461 | 2,433 | 1,281 | 5,335 | 10,869 | 11,341 | |
42 |
643 | 629 | 927 | 819 | - | 526 | 855 | 868 | 2,673 | - | - | |
44 |
6,135 | 5,255 | 8,445 | 22,793 | 3,164 | 1,935 | 1,214 | 413 | 1,600 | 1,468 | 2,983 | |
440/4 |
6,135 | 5,255 | 8,445 | 22,793 | 3,164 | 1,935 | 1,214 | 413 | 1,600 | 1,468 | 2,983 | |
45 |
383 | 4,899 | - | - | 1,197 | - | 364 | - | 1,062 | 9,401 | 8,358 | |
450/3 |
383 | 3,761 | - | - | 1,197 | - | 364 | - | 1,062 | 9,401 | 8,358 | |
454/9 |
- | 1,138 | - | - | - | - | - | - | - | - | - | |
47/48 |
- | - | - | 10,957 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||
9900 |
24,690 | 13,420 | 15,508 | 10,001 | 7,517 | 15,755 | 6,010 | -10,236 | 12,639 | 5,842 | 24,837 | |
62 |
- | - | - | - | - | - | - | - | 39 | - | - | |
630 |
11,911 | 6,119 | 2,057 | 3,231 | 3,166 | 1,687 | 2,407 | 2,407 | 2,950 | 2,100 | 818 | |
640/8 |
264 | 374 | 87 | 741 | 1,092 | 718 | 4,568 | 528 | 3,389 | 163 | 454 | |
9901 |
12,515 | 6,927 | 13,363 | 6,029 | 3,259 | 13,350 | -965 | -13,171 | 6,261 | 3,579 | 23,565 | |
75/76B |
463 | 372 | 1 | 0 | 395 | 615 | 463 | 536 | 763 | 613 | 289 | |
75 |
463 | 372 | 1 | 0 | 395 | 615 | 463 | 536 | 763 | 613 | 289 | |
65/66B |
121 | 828 | 907 | 604 | 236 | 272 | 173 | 285 | 263 | 96 | 11 | |
65 |
121 | 828 | 907 | 604 | 236 | 272 | 173 | 285 | 263 | 96 | 11 | |
9903 |
12,857 | 6,471 | 12,457 | 5,426 | 3,418 | 13,693 | -675 | -12,920 | 6,761 | 4,096 | 23,843 | |
67/77 |
1,991 | 2,500 | 2,670 | 1,328 | 1,174 | 1,194 | - | -18 | 1,787 | 1,044 | 8,358 | |
9904 |
10,866 | 3,971 | 9,787 | 4,098 | 2,245 | 12,499 | -675 | -12,902 | 4,974 | 3,052 | 15,485 | |
9905 |
10,866 | 3,971 | 9,787 | 4,098 | 2,245 | 12,499 | -675 | -12,902 | 4,974 | 3,052 | 15,485 | |
| Appropriation of the result | ||||||||||||
9906 |
51,540 | 40,675 | 36,704 | 26,917 | 22,819 | 21,927 | 9,428 | 10,103 | 23,502 | 16,449 | 15,485 | |
14P |
40,674 | 36,704 | 26,917 | 22,819 | 20,574 | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | 2,079 | - | |
691/2 |
- | - | - | - | - | 1,353 | - | - | 497 | - | 2,089 | |
6920 |
- | - | - | - | - | 1,353 | - | - | 497 | - | 2,089 | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 20-07-2026 | 2026-00319089 | |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00211962 | |
| 31-12-2023 | micro format | 10-09-2024 | 2024-00459527 | |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00214165 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20146668 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-18800070 | |
| 31-12-2019 | full format | 27-07-2020 | 2020-35400027 | |
| 31-12-2018 | full format | 05-09-2019 | 2019-63400583 | |
| 31-12-2017 | full format | 22-06-2018 | 2018-22400563 | |
| 31-12-2016 | full format | 14-08-2017 | 2017-43700108 | |
| 31-12-2015 | full format | 13-12-2016 | 2016-70000329 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,426 | 13,046 | 15,421 | 9,260 | 6,426 | 15,037 | 1,442 | -10,764 | 9,211 | 5,679 | 24,383 | ||
| 22,777 | 10,090 | 11,844 | 7,329 | 5,411 | 14,186 | 1,732 | -10,495 | 7,924 | 5,152 | 16,303 | ||
| 0 | 34,399 | 0 | 1,731 | 0 | 9,500 | 3,836 | 0 | 7,221 | 4,100 | 2,200 | ||
| 769 | 100 | 202 | -324 | -1,803 | 1,813 | 344 | -812 | -647 | 1,468 | - | ||
| 54,541 | 31,765 | 56,074 | 31,830 | 26,232 | 20,821 | 16,029 | 14,297 | 24,792 | 15,256 | 14,203 | ||
| 91.0% | 85.0% | 85.9% | 50.3% | 87.6% | 92.1% | 86.9% | 92.9% | 84.8% | 63.2% | 57.9% | ||
| 8.62 | 3.95 | 6.98 | 1.92 | 7.01 | 9.46 | 7.59 | 12.16 | 5.65 | 2.40 | 2.25 | ||
| 0.10 | 0.18 | 0.16 | 0.99 | 0.14 | 0.09 | 0.15 | 0.08 | 0.18 | 0.58 | 0.73 | ||
| 15.1% | 6.5% | 17.1% | 11.7% | 7.3% | 43.7% | -4.2% | -76.8% | 16.7% | 16.4% | 99.4% | ||
| 13.7% | 5.5% | 14.7% | 5.9% | 6.4% | 40.2% | -3.6% | -71.3% | 14.2% | 10.3% | 57.5% | ||
| over 100 | 15.76 | 17.00 | 15.33 | 27.23 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €34,199 | - | €1,731 | - |
| Financial fixed assets | - | €200 | - | - | - |
| €11,911 | €6,119 | €2,057 | €3,231 | €3,166 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 81% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 15.0% to 9.0%. Equity is higher and debt is lower.
ANKO CONSTRUCT has no parent and no holdings in its annual accounts. ANTOHI Nicolae is the only director. ANKO CONSTRUCT shares no director with another company.
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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
| Establishment | Since | Unit number |
|---|---|---|
| Wielemans Ceuppenslaan 173 registered office 1190 Forest 39000 Remediation activities and other waste management service activities | 23-10-2014 | 2.236.580.864 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21007A0034/00C005 | 165 m² | 1 · 155 m² | 21.7 m · 6 |
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 0564.956.209
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