Skip to content

APS CONSTRUCT

Active Private limited company (pre-2019)founded 2008active for 17 yearsGroot-Bijgaardenstraat 14, 1082 Berchem-Sainte-AgatheKBO/BCE: BE 0807.847.870
APS CONSTRUCT
Follow ReportCompare

Overview

Lifetime

11 annual accounts with figures on one time axis
peak €27,757 (2025)
€27,757▲ 4.0%
lowest -€14,186 (2018)
€18,170▼ 31.1%
peak €64,761 (2025)
€64,761▲ 39.0%
€5,742▼ 62.8%
peak 0.1 FTE (2020)
-not published
Board2 names since 2018
1 directorZAIRAF Hossein
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Result from €26,362 to €18,170Equity from €46,591 to €64,761Debts from €15,416 to €5,742Cash from €51,193 to €19,038

Key points

from the 2025 annual accounts

Equity

€64,761 ▲ 39.0%

APS CONSTRUCT has made a profit without a break since 2021.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Investments

€43,722 36.0 × depreciation

Green is investment, beige is depreciation.

Filings

11 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2020 accounts came latest: 58 days after the end of the period.

Position in the sector

91.9%

Higher solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.

Checked score

93
Excellent
Financially stronger than 86% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 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 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 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: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

100=equity 91.9% of total assets
84-7short-term debt 8.1% · cash 27.0%
100=return on assets 25.8%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €70,503
lowers risk
Liquidity: current ratio 4.88, cash €19,038, halved
Equity €64,761 (91.9% of total assets)
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 41, micro). It does better than 92% of them on solvency, 86% on liquidity, 91% on profitability and 75% 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 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).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as APS CONSTRUCT has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of APS CONSTRUCT itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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%

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 APS 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.

Credit verdict

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.88 (4.02 in 2024), above the usual 1.5. Short-term debt is 8.1% and cash 27% of total assets. 8.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €70,503
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.88, cash €19,038, halved
NBB · annual accounts
lowers risk · Equity €64,761 (91.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
6 days early
2023
7 days early
2021
9 days early
2020
58 days late
2019
5 days early
2018
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after 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.

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 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ZH
ZAIRAF Hossein
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0807847870
Registered office moved within Brussels New registered office: RUE DE GRAND BIGARD 14 à 1082 BRUXELLES · Previous registered office: BD LOUIS METTEWIE 95/7, 1080 Bruxelles · General meeting of 17-09-2018 · Gazette deed
Incorporation published on 27-11-2008 · Gazette deed
First establishment Groot-Bijgaardenstraat 14, Berchem-Sainte-Agathe
All 19 events

Comparable companies

same main activity, similar in size and age
Company
APS CONSTRUCT Berchem-Sainte-Agathe €70,503 €27,757 91.9% -
LACOSTI Anderlecht €61,179 €25,302 -41.7% -
SHEYMA Hamme (Vl.) €65,931 €24,659 43.2% -
BOECKX STEVEN ALGEMENE BOUWONDERNEMING Westerlo €81,487 €28,226 54.4% -
VFPerfect Lasne €72,518 €32,747 2.8% -
FRM Construct Waimes €74,716 €23,675 70.0% -
SV CONSTRUCT MANAGEMENT Ferrières €68,836 €22,621 84.6% -

These companies have the same main activity as APS CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €61,200 and €81,500, founded between 2007 and 2010.

Official details

Source: KBO
Status
Active since 19-11-2008Normal situation
Registered office
309 active companies are registered at this address53 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.180.848.7231082 Berchem-Sainte-Agathe, since 19-11-2008
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€27,757▲ 4.0%
€18,170▼ 31.1%
€64,761▲ 39.0%
€70,503▲ 13.7%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on APS CONSTRUCT

APS CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€1,360 in 2011 to €27,757 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 13-07-2026, 18 days before the deadline
€27,757
▲ 4.0%
€26,040
▼ 1.9%
€18,170
▼ 31.1%
€22,253
▼ 52.2%
91.9%
▲ 16.7 percentage points
4.88
▲ 0.85

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €110,000 and €350,000.

Balance sheet

balance sheet total €70,503 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

91.9%

Higher than 95% of 9,462 companies in 2025.

4.88

Higher than 87% of 9,210 companies in 2025.

25.8%

Higher than 81% of 9,282 companies in 2025.

APS CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320212020201920182017201520132011
Balance sheet: assets
20/58 70,50362,00832,92240,97634,85022,22324,46941,00122,04135,90815,940
21/28 42,508--2,7675,533-7501,500743,223-
22/27 42,508--2,7675,533-7501,500743,223-
23 --------74223-
24 42,508--2,7675,533-7501,500-3,000-
29/58 27,99562,00832,92238,21029,31722,22323,71939,50121,96732,68515,940
40/41 8,95710,7676,26317,98717,93611,2604,91116,1488,48331,38812,380
40 1,9228,19118016,11817,0698,6352,90015,1331,66428,7647,167
41 7,0352,5766,0831,8698672,6252,0111,0166,8192,6255,213
54/58 19,03851,19326,65920,21511,28310,51418,34823,18313,4831,2973,560
490/1 -48-898449460169---
Balance sheet: equity and liabilities
10/49 70,50362,00832,92240,97634,85022,22324,46941,00122,04135,90815,940
10/15 64,76146,59120,22912,5004,1456,25015,67729,86314,56217,013-1,142
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,6007,300
100 -----18,60018,60018,60018,60018,60018,600
101 ----------11,300
13 1,8601,8601,8601,8601,8601,8601,8601,860500500-
130/1 1,8601,8601,8601,8601,860------
130 -----1,8601,8601,860500500-
1311 1,8601,8601,8601,8601,860------
14 44,30126,131-231-7,960-16,315-14,210-4,7839,403-4,538-2,087-8,442
17/49 5,74215,41612,69228,47630,70615,9738,79111,1377,47918,89617,083
42/48 5,74215,41612,69228,47630,70615,9738,79111,1377,47918,89617,083
44 3,0823,4176936,8729842,3981,7113,8472,0797,766-
440/4 3,0823,4176936,8729842,3981,7113,8472,0797,766-
46 ----3,750------
45 ---15,50022,81510,7007,0807,2915,4007,0009,917
450/3 -------2,491--417
454/9 ---15,50022,81510,7007,0804,8005,4007,0009,500
47/48 2,66011,99911,9996,1043,1572,875---4,1307,166
Income statement
76A ---15---250-200-
9900 27,75726,6907,56613,9771,341-5,028-12,90714,046-3,9382,202-1,360
62 ----13207------
630 1,215--2,7672,767750750750743,0741,267
640/8 5021494142,5754145073681,201535418493
66A ---------1,456-
9901 26,04026,5417,1528,648-2,046-6,285-14,02512,095-4,548-1,290-3,120
75/76B --101061373436783-
75 --101061-3436783-
76B ------37----
65/66B 519179160292165149199352116110134
65 519179160292165149-352116110134
66B ------199----
9903 25,52126,3626,9938,355-2,105-6,434-14,18611,776-4,297-2,573-3,254
67/77 7,351----2,993-1,409---
9904 18,17026,3626,9938,355-2,105-9,427-14,18610,368-4,297-2,573-3,254
9905 18,17026,3626,9938,355-2,105-9,427-14,18610,368-4,297-2,573-3,254
Appropriation of the result
9906 44,30126,131-231-7,960-16,315-14,210-4,78310,663-4,538-2,087-8,442
14P 26,131-231-7,223-16,315-------
691/2 -------1,260---
6920 -------1,260---
Social balance sheet
9087 ----0.1------
Hours worked1013 ----8------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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 13-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 13-07-2026 2026-00291522 PDF
31-12-2024 micro format 25-07-2025 2025-00312679 PDF
31-12-2023 micro format 24-07-2024 2024-00284926 PDF
31-12-2021 micro format 22-07-2022 2022-20214914 PDF
31-12-2020 micro format 27-09-2021 2021-68900350 PDF
31-12-2019 micro format 26-07-2020 2020-36100104 PDF
31-12-2018 micro format 31-08-2019 2019-62700087 PDF
31-12-2017 full format 17-09-2018 2018-63500305 PDF
31-12-2015 full format 18-07-2016 2016-33800325 PDF
31-12-2013 full format 22-07-2014 2014-34700169 PDF
31-12-2011 full format 02-08-2012 2012-38700193 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320212020201920182017201520132011
27,254--11,414721-5,535-13,27512,845-4,4741,784-1,853
19,384--11,122662-8,677-13,43611,118-4,222501-1,986
43,722--08,300002,250---
-32,15524,534-8,932769-7,834-4,835----
22,25346,59120,2299,734-1,3886,25014,92728,36314,48813,790-1,142
91.9%75.1%61.4%30.5%11.9%28.1%64.1%72.8%66.1%47.4%-7.2%
4.884.022.591.340.951.392.703.552.941.730.93
0.090.330.632.287.412.560.560.370.511.11-
28.1%56.6%34.6%66.8%-50.8%-150.8%-90.5%34.7%-29.5%-15.1%-
25.8%42.5%21.2%20.4%-6.0%-42.4%-58.0%25.3%-19.5%-7.2%-20.4%
52.53--39.07-------

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.

Investments

fixed assets acquired
Item2025202420232021
Tangible fixed assets€43,722---
€1,215--€2,767

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on APS CONSTRUCT

The operating result for 2025 is 2% lower than in 2024.

Debt's share of the balance-sheet total falls from 24.9% to 8.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2018
ZAIRAF Hossein
Director
listed in the 2025 annual accounts, filed on 13-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
ZAIRAF Hossein
Director
ZAIRAF Hossain
Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • ZAIRAF Hossein
    • Director, since before 31-12-2023
  • ZAIRAF Hossain
    • Manager, from before 27-09-2018, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2025 annual accounts

Network & group

No group

APS CONSTRUCT has no parent and no holdings in its annual accounts. ZAIRAF Hossein is the only director. APS CONSTRUCT shares no director with another company.

At the same address

Groot-Bijgaardenstraat 14, 1082 Berchem-Sainte-Agathe · 308 other companies
FEET ON GROUND
registered office since 17-07-2013 · founded in 2013
 total assets €3.5m (2026)
0536.398.122
REZUNI
registered office since 01-10-2006 · founded in 2006 · accounts filed late
 total assets €3.0m (2025)
0883.466.003
Mar Max
registered office since 21-10-2008 · founded in 2008
 total assets €2.3m (2025)
0807.260.031
V&K GROUP
registered office since 22-04-2022 · founded in 2022 · accounts filed late
 total assets €1.9m (2025)
0785.298.439
EIGHT INVESTMENTS
registered office since 17-04-1992 · founded in 1992 · accounts filed late
 total assets €1.8m (2022)
0446.966.496
ARCO LOGISTICS
registered office since 22-02-2010 · founded in 2010
 16 FTE (2025)
0823.302.742
LINSTAVER
registered office since 22-07-1993 · founded in 1993 · accounts filed late
 total assets €1.6m (2021)
0450.582.618
CAGIOVA
registered office since 10-03-2016 · founded in 2016
 total assets €1.5m (2025)
0649.809.235
SDB Logistics
registered office since 19-01-2015 · founded in 2015
 13 FTE (2023)
0568.820.074
Lifecycle Telehealth
registered office since 21-12-2005 · founded in 2005
 total assets €1.3m (2025)
0878.090.520
and 298 more

Timeline

Timeline

19 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 18 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0807847870
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Highest result from 2011 to 2025 net €26,362 ▲277% The operating result of €26,541 and the net result of €26,362 are both a record.
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 9 days before the deadline
2021
Back to profit net €8,355 The net result is €8,355, after 3 loss-making years.
Annual accounts 2020 filed PDFmicro format · 58 days late
2020
Annual accounts 2019 filed PDFmicro format · 5 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 31 days late
2018
Weakest financial year net -€14,186 The net result drops to -€14,186, the lowest from 2011 to 2025. It recovers the following year.
Registered office moved within BrusselsNew registered office: RUE DE GRAND BIGARD 14 à 1082 BRUXELLES · Previous registered office: BD LOUIS METTEWIE 95/7, 1080 Bruxelles · General meeting of 17-09-20182 points ▸
  • General meeting, 17-09-2018
  • Registered-office move, RUE DE GRAND BIGARD 14 à 1082 BRUXELLES

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 48 days late
2017
Back to profit net €10,368 The net result is €10,368, after 3 loss-making years.
2016
Annual accounts 2015 filed PDFfull format · 13 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 9 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 2 days late
2008
Incorporation PDFpublished on 27-11-2008
First establishment Groot-Bijgaardenstraat 14, Berchem-Sainte-Agathe

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

APS CONSTRUCT was incorporated on 19 November 2008.1 The registered office was moved to Brussels in 2018.2 Total assets rose from €24,469 in 2018 to €70,503 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-09-2018
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0807.847.870
VAT number
BE 0807.847.870
Peppol ID
0208:0807847870
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
19-11-2008
Financial year
ends on 31 December
Peppol
Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
APS CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
41002 General construction of office buildings
41003 General construction of other non-residential buildings
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
41203 Construction of residential and non-residential buildings

Registered office and establishments

1 establishment
Establishment Since Unit number
Groot-Bijgaardenstraat 14 registered office 1082 Berchem-Sainte-Agathe 42110 Construction of roads and motorways 19-11-2008 2.180.848.723
1 former office
  • Bd Louis Mettewie 95/7, 1080 Bruxelles until 17-09-2018 · deed of 27-09-2018

Buildings and parcels at the address

Ground area
290 m²
Buildings
293 m²
Volume, LiDAR
2,049 m³
Tallest building
10.6 m
Buildings to scale, each on its own parcel
293 m², 10.6 m 293 m², 10.6 m

Location

registered office establishment The establishment unit on the map
309 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21342B0043/00F003290 m² 1 · 293 m² 10.6 m · 2

Invoicing and payment

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 0807.847.870

We would like to set cookies. That happens only with your consent. What we measure