AT.construction
ActiveSummary
The computed 12-month bankruptcy probability of AT.construction is 2.1% (moderate). The 2025 annual accounts show equity of €47,552 and a net result of €36,960. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 7500 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+57
Solvency41▲+10
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.74 in 2024; short-term debt: 35.6% and cash: 46.2% of total assets), but 83.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
37 d early
2023
106 d early
2022
3 d early
2021
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close26-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€47,552▲ 205%
2024 · €15,593
Total assets
€290,658▲ 14.3%
2024 · €254,239
Net result
€36,960
2024 · -€3,407
Working capital
€112,412▲ 14.1%
2024 · €98,483
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,340-€19,978▲ 114%€329,496▲ 1,549%€4,877▼ 98.5%€47,732▲ 879%
Net result€5,989-€13,270▲ 122%€243,911▲ 1,738%-€3,407€36,960
Equity€24,989-€38,259▲ 53.1%€282,170▲ 638%€15,593▼ 94.5%€47,552▲ 205%
Total assets€227,508-€229,551▲ 0.9%€495,748▲ 116%€254,239▼ 48.7%€290,658▲ 14.3%
Debt€202,519-€191,292▼ 5.5%€213,578▲ 11.7%€238,646▲ 11.7%€243,106▲ 1.9%
Working capital-€15,100--€18,749▼ 24.2%€108,710€98,483▼ 9.4%€112,412▲ 14.1%
Staff (FTE)1.2
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 879% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290,658
Fixed assets
€74,902 ▲ 235%
Current assets
€215,756 ▼ 7.0%
Equity and liabilities €290,658
Equity
€47,552 ▲ 205%
Debt
€243,106 ▲ 1.9%
Debt's share of the balance-sheet total falls from 93.9% to 83.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56,739▲
2024 · €9,202
Cash flow
€45,967▲
2024 · €918
Current ratio
2.09▲
2024 · 1.74
Quick ratio
2.05▲
2024 · 1.74
Debt to equity
5.11▼
2024 · 15.30
ROE
77.7%▲
2024 · -21.9%
ROA
12.7%▲
2024 · -1.3%
Interest coverage
102.53▲
2024 · 1.36
Debt ≤ 1 year
€103,344▼
2024 · €133,408
Debt > 1 year
€139,762▲
2024 · €100,000
Income taxes
€11,278▲
2024 · €1,583
Staff costs
€67,547
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €67,547 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,701 | €4,325 | €9,007 | ▲ 108% |
| Other operating charges640/8 | - | €538 | €517 | €1,351 | €2,742 | ▲ 103% |
| Non-recurring operating charges66A | - | - | - | - | €10,224 | - |
| Gross operating margin9900 | €10,127 | €20,517 | €331,714 | €10,553 | €137,251 | ▲ 1,201% |
| Operating profit (loss)9901 | €9,340 | €19,978 | €329,496 | €4,877 | €47,732 | ▲ 879% |
| Financial income75/76B | - | €3 | €1 | €47 | €1,059 | ▲ 2,142% |
| Recurring financial income75 | €10 | €3 | €1 | €47 | €1,059 | ▲ 2,142% |
| Financial charges65/66B | - | €710 | €1,478 | €6,749 | €553 | ▼ 91.8% |
| Recurring financial charges65 | €645 | €710 | €1,478 | €6,749 | €553 | ▼ 91.8% |
| Profit (loss) for the period before taxes9903 | €8,705 | €19,272 | €328,019 | -€1,825 | €48,238 | ▲ 2,744% |
| Income taxes67/77 | €2,717 | €6,001 | €84,108 | €1,583 | €11,278 | ▲ 613% |
| Profit (loss) for the period9904 | €5,989 | €13,270 | €243,911 | -€3,407 | €36,960 | ▲ 1,185% |
| Profit (loss) for the period to be appropriated9905 | €5,989 | €13,270 | €243,911 | -€3,407 | €36,960 | ▲ 1,185% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227,508 | €229,551 | €495,748 | €254,239 | €290,658 | ▲ 14.3% |
| Fixed assets21/28 | €220,000 | €220,000 | €226,548 | €22,348 | €74,902 | ▲ 235% |
| Tangible fixed assets22/27 | - | - | €6,548 | €22,348 | €73,777 | ▲ 230% |
| Plant, machinery and equipment23 | - | - | - | €1,168 | €16,550 | ▲ 1,317% |
| Furniture and vehicles24 | - | - | €6,548 | €21,180 | €57,227 | ▲ 170% |
| Financial fixed assets28 | €220,000 | €220,000 | €220,000 | €0 | €1,125 | - |
| Current assets29/58 | €7,508 | €9,551 | €269,200 | €231,890 | €215,756 | ▼ 7.0% |
| Stocks and contracts in progress3 | - | - | - | - | €3,828 | - |
| Stocks30/36 | - | - | - | - | €3,828 | - |
| Amounts receivable within one year40/41 | €6,667 | €6,670 | €209,932 | €78 | €74,774 | ▲ 96,110% |
| Trade receivables40 | - | €6,667 | €209,932 | €78 | €53,886 | ▲ 69,234% |
| Other amounts receivable41 | - | €3 | €0 | - | €20,888 | - |
| Cash at bank and in hand54/58 | €841 | €2,882 | €59,268 | €229,790 | €134,154 | ▼ 41.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,023 | €3,000 | ▲ 48.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227,508 | €229,551 | €495,748 | €254,239 | €290,658 | ▲ 14.3% |
| Equity10/15 | €24,989 | €38,259 | €282,170 | €15,593 | €47,552 | ▲ 205% |
| Contributions10/11 | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €5,989 | €19,259 | €263,170 | €0 | €28,552 | - |
| Distributable reserves133 | - | €19,259 | €263,170 | €0 | €28,552 | - |
| Profit (loss) carried forward14 | - | - | - | -€3,407 | €0 | ▲ 100% |
| Amounts payable17/49 | €202,519 | €191,292 | €213,578 | €238,646 | €243,106 | ▲ 1.9% |
| Amounts payable after more than one year17 | €179,912 | €162,992 | €53,088 | €100,000 | €139,762 | ▲ 39.8% |
| Financial debts170/4 | - | €162,992 | €53,088 | €0 | €39,762 | - |
| Other amounts payable178/9 | - | - | - | €100,000 | €100,000 | = |
| Amounts payable within one year42/48 | €22,607 | €28,301 | €160,490 | €133,408 | €103,344 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | - | €16,920 | €36,923 | €0 | €12,035 | - |
| Trade debts44 | €1,100 | €762 | €968 | €3,872 | €7,676 | ▲ 98.3% |
| Suppliers440/4 | - | €762 | €968 | €3,872 | €7,676 | ▲ 98.3% |
| Taxes, remuneration and social security45 | - | €10,619 | €122,504 | €4,257 | €24,454 | ▲ 474% |
| Taxes450/3 | - | €10,619 | €122,504 | €4,257 | €11,280 | ▲ 165% |
| Remuneration and social security454/9 | - | - | - | - | €13,175 | - |
| Other amounts payable47/48 | - | €0 | €95 | €125,279 | €59,179 | ▼ 52.8% |
| Accrued charges and deferred income492/3 | - | - | - | €5,238 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,989 | €13,270 | €243,911 | -€3,407 | €36,960 | ▲ 1,185% |
| + Depreciation and write-downs630 | - | - | €1,701 | €4,325 | €9,007 | ▲ 108% |
| Operating cash flow (approximation) | €5,989 | €13,270 | €245,612 | €918 | €45,967 | ▲ 4,908% |
| Investment in fixed assets (approximation) | - | €0 | -€8,249 | €199,874 | -€61,561 | ▼ 131% |
| Change in cash | - | €2,041 | €56,386 | €170,522 | -€95,636 | ▼ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €36,960
Net result €36,960 after one loss-making year.
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€3,407
Net result drops to -€3,407, the lowest in the series; recovery starts the following year.
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2021net €243,911 ▲1,738%
Operating result €329,496, net result €243,911, both a record.
31-03
Financial
Liquidity times 5current ratio 1.68
Current ratio from 0.34 to 1.68.
31-03
Financial
Equity above €200,000Eq €282,170 ▲638%
3 profitable years in a row build equity to €282,170.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2020
Ground area
389 m²
Building footprint
95 m²
Volume, LiDAR
547 m³
Parcel 34323D1466/00S002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AT.construction
since 20202.306.451.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1466/00S002 | Flanders | 389 m² | 1 · 95 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsMetselaar (vwo)
Ruwbouw duaal (so)
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 13,041 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-08-2020
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43320Joinery installation
43331Floor and wall tiling
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.