AT - CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of AT - CONSTRUCT is 2.3% (moderate). The 2024 annual accounts show equity of €611,264 and a net result of €28,900. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 60% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 6 FTE
- Equity
- €611,264
- Profit
- €28,900
- ASSELMAN Peter GeorgesDirector
Why 52raises riskFigures for financial year 2024 (filed 13-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 74 days late; 3 of the last 3 latelowers riskFounded in 2003Equity €611,264 (51.0% of total assets)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 55% on solvency, 20% on liquidity, 41% on profitability and 47% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 6 accounts on average 78 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 (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
- Resignation: ASSELMAN Peter Georges (bestuur)Reappointment: ASSELMAN Peter Georges (director)…
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result recovers in 2024; 2024 is 65% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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), Staff (FTE).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 17,041 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €405,624 | €278,369 | €189,739 | €230,289 | ▲ 21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,683 | €40,934 | €41,998 | €43,765 | €41,491 | €39,945 | €39,556 | ▼ 1.0% |
| Other operating charges640/8 | - | - | - | €10,530 | €10,749 | €8,752 | €7,053 | ▼ 19.4% |
| Non-recurring operating charges66A | - | - | - | €51,864 | €31,076 | €2,958 | - | - |
| Gross operating margin9900 | €758,787 | €715,223 | €426,835 | €673,763 | €507,700 | €276,038 | €334,012 | ▲ 21.0% |
| Operating profit (loss)9901 | €169,508 | €49,584 | -€12,385 | €161,979 | €146,015 | €34,645 | €57,114 | ▲ 64.9% |
| Financial income75/76B | - | - | - | €205 | €562 | €68,006 | €145 | ▼ 99.8% |
| Recurring financial income75 | €1,336 | €2,719 | €390 | €205 | €562 | €46 | €145 | ▲ 218% |
| Non-recurring financial income76B | - | - | - | - | - | €67,960 | - | - |
| Financial charges65/66B | - | - | - | €31,185 | €22,625 | €31,271 | €11,749 | ▼ 62.4% |
| Recurring financial charges65 | €12,530 | €16,928 | €19,404 | €31,185 | €22,625 | €31,271 | €11,749 | ▼ 62.4% |
| Profit (loss) for the period before taxes9903 | €158,314 | €35,375 | -€31,398 | €130,999 | €123,952 | €71,379 | €45,510 | ▼ 36.2% |
| Income taxes67/77 | €45,000 | €27,253 | €2,687 | €10,694 | €41,507 | €40,682 | €16,610 | ▼ 59.2% |
| Profit (loss) for the period9904 | €113,314 | €8,122 | -€34,085 | €120,304 | €82,445 | €30,697 | €28,900 | ▼ 5.9% |
| Profit (loss) for the period to be appropriated9905 | €113,314 | €8,122 | -€34,085 | €120,304 | €82,445 | €30,697 | €28,900 | ▼ 5.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.7m | €1.4m | €1.3m | €1.4m | €1.8m | €1.1m | €1.2m | ▲ 5.2% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 2.5% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 2.5% |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.04m | €0.03m | €0.03m | ▼ 13.3% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.03m | €0.03m | €0.05m | ▲ 77.6% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.1m | €0.09m | €0.06m | ▼ 25.0% |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▼ 1.9% |
| Current assets29/58 | €1.4m | €1.1m | €1.0m | €1.3m | €1.7m | €1.0m | €1.1m | ▲ 6.4% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 36.7% |
| Contracts in progress37 | - | - | - | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 36.7% |
| Amounts receivable within one year40/41 | €0.7m | €0.9m | €0.8m | €1.0m | €1.0m | €0.8m | €0.9m | ▲ 15.5% |
| Trade receivables40 | - | - | - | €0.9m | €1.0m | €0.7m | €0.7m | ▲ 6.5% |
| Other amounts receivable41 | - | - | - | €0.05m | €0.05m | €0.06m | €0.1m | ▲ 113% |
| Cash at bank and in hand54/58 | €0.5m | €0.02m | €0.04m | €0.1m | €0.4m | - | €0.03m | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.002m | €0.01m | €0.006m | ▼ 40.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.7m | €1.4m | €1.3m | €1.4m | €1.8m | €1.1m | €1.2m | ▲ 5.2% |
| Equity10/15 | €0.4m | €0.4m | €0.3m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 5.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Other1109/19 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 5.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.08m | €0.1m | €0.1m | ▲ 24.7% |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.08m | €0.1m | €0.1m | ▲ 24.7% |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Profit (loss) carried forward14 | €0.08m | - | -€0.03m | €0.09m | - | - | - | - |
| Amounts payable17/49 | €1.3m | €1.0m | €0.9m | €1.0m | €1.3m | €0.6m | €0.6m | ▲ 5.5% |
| Amounts payable after more than one year17 | - | €0.02m | €0.05m | €0.1m | €0.06m | €0.06m | €0.07m | ▲ 12.2% |
| Financial debts170/4 | - | - | - | €0.1m | €0.06m | €0.06m | €0.07m | ▲ 12.2% |
| Amounts payable within one year42/48 | €1.3m | €0.8m | €0.8m | €0.8m | €1.2m | €0.5m | €0.5m | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 1.0% |
| Financial debts43 | - | - | - | - | - | €0.001m | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.001m | - | - |
| Trade debts44 | €1.0m | €0.5m | €0.4m | €0.5m | €0.9m | €0.3m | €0.3m | ▲ 7.3% |
| Suppliers440/4 | - | - | - | €0.5m | €0.9m | €0.3m | €0.3m | ▲ 7.3% |
| Advances received on contracts in progress46 | - | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.05m | €0.04m | €0.05m | ▲ 15.5% |
| Taxes450/3 | - | - | - | €0.01m | €0.05m | €0.04m | €0.02m | ▼ 46.5% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.001m | - | €0.03m | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.09m | €0.09m | €0.09m | ▼ 3.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.001m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,314 | €8,122 | -€34,085 | €120,304 | €82,445 | €30,697 | €28,900 | ▼ 5.9% |
| + Depreciation and write-downs630 | €43,683 | €40,934 | €41,998 | €43,765 | €41,491 | €39,945 | €39,556 | ▼ 1.0% |
| Operating cash flow (approximation) | €156,996 | €49,056 | €7,912 | €164,070 | €123,936 | €70,642 | €68,456 | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | -€4,850 | -€21,171 | -€3,630 | -€24,772 | -€9,500 | -€35,921 | ▼ 278% |
| Change in cash | - | -€488,842 | €23,722 | €98,298 | €294,191 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 13-10-2025 | 2025-00540619 |
| 31-12-2023 | abbreviated format | 29-10-2024 | 2024-00518677 |
| 31-12-2022 | abbreviated format | 12-10-2023 | 2023-00487652 |
| 31-12-2021 | abbreviated format | 14-10-2022 | 2022-20466832 |
| 31-12-2020 | abbreviated format | 05-10-2021 | 2021-71100575 |
| 31-12-2019 | abbreviated format | 28-10-2020 | 2020-64000182 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62300555 |
| 31-12-2017 | abbreviated format | 06-08-2018 | 2018-44200560 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-56300154 |
| 31-12-2015 | abbreviated format | 10-10-2016 | 2016-65400028 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| ASSELMAN Peter Georges |
|
Owners and capital
Capital and shareholders
- 13-12-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-12
Gazette deed
Resignation: ASSELMAN Peter Georges (bestuur)Reappointment: ASSELMAN Peter Georges (director) · Transfer restriction · Legal form clause11 facts ▸
- General meeting, 30-11-2023
- Transfer restriction, “elke overdracht onder levenden, zowel ten bezwarende titel als ten kosteloze titel, zowel vrijwillig als gedwongen (uitsluiting en uittreding) zowel in vruchtge…” (deed in Dutch)
- Legal form clause, “behouden, statuten aangepast aan de bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opgeheven, middelen beschikbaar gemaakt voor uitkering” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Carine Walravens
- Director resignation, ASSELMAN Peter Georges (bestuur)
- Director discharge, ASSELMAN Peter Georges
- Director reappointment, ASSELMAN Peter Georges (director (not named in the articles))
- Registered office clause, “1701 Dilbeek-Itterbeek,Herdebeekstraat 329”, 7) (deed in Dutch)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 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 0480.254.324
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23037D0169/00H002 | Flanders | 1,318 m² | 1 · 431 m² | 10.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AT-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers;ook bij weigering erfgenaam/legataris, elke overdracht onder…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, beslissing algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere benoemd” (deed in Dutch)