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Auderghem Construct

Active
Private limited companyfounded 198144 yrs activeWaverse steenweg 1991, 1160 Oudergem, BelgiumKBO/BCE: BE 0422.358.388
Summary

Auderghem Construct has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €388,578 and a net result of €6,722. Equity is growing by ~7.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch ReportCompare
Auderghem ConstructActiveChecked score 74/100
Risk analysis ReportCompare

Checked score

Score 2024
74 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-7
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.44 in 2023; short-term debt: 14.1% and cash: 0.6% of total assets), and 14.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
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 →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
37 d early
2023
27 d early
2022
42 d early
2021
19 d early
2020
25 d early
2019
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Auderghem Construct was incorporated on 23 December 1981.1 Revenue fell from EUR 390,378 in 2018 to EUR 161,781 in 2024 and headcount from 2.1 full-time equivalents in 2018 to 1.5 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2024

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

In the rankings #5 oldest company in Oudergem, Construction sector
Turnover
€161,781▼ 28.3%
2023 · €225,766
EBIT margin
13.6%▼ 9.5pp
2023 · 23.1%
Net result
€6,722▼ 84.2%
2023 · €42,652
Working capital
-€39,808▼ 5.7%
2023 · -€37,651
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€183,959▼ 50.0%€185,042▲ 0.6%€148,448▼ 19.8%€225,766▲ 52.1%€161,781▼ 28.3%
Operating result€40,600▲ 125%€37,659▼ 7.2%€28,698▼ 23.8%€52,075▲ 81.5%€22,023▼ 57.7%
Net result€32,065within the sector's middle half▲ 477%€23,397within the sector's middle half▼ 27.0%€16,571within the sector's middle half▼ 29.2%€42,652above the sector's middle half▲ 157%€6,722within the sector's middle half▼ 84.2%
EBIT margin22.1%▲ 17.2pp20.4%▼ 1.7pp19.3%▼ 1.0pp23.1%▲ 3.7pp13.6%▼ 9.5pp
Equity€299,236within the sector's middle half▲ 11.9%€322,633within the sector's middle half▲ 7.8%€339,204above the sector's middle half▲ 5.1%€381,856above the sector's middle half▲ 12.6%€388,578above the sector's middle half▲ 1.8%
Total assets€488,594within the sector's middle half▼ 7.4%€498,339within the sector's middle half▲ 2.0%€482,033above the sector's middle half▼ 3.3%€479,048above the sector's middle half▼ 0.6%€452,711above the sector's middle half▼ 5.5%
Debt€189,358▼ 27.3%€175,706▼ 7.2%€142,829▼ 18.7%€97,192▼ 32.0%€64,133▼ 34.0%
Working capital-€66,006below the sector's middle half▼ 37.1%-€59,877below the sector's middle half▲ 9.3%-€73,834below the sector's middle half▼ 23.3%-€37,651below the sector's middle half▲ 49.0%-€39,808below the sector's middle half▼ 5.7%
Solvency61.2%above the sector's middle half▲ 10.6pp64.7%above the sector's middle half▲ 3.5pp70.4%above the sector's middle half▲ 5.6pp79.7%above the sector's middle half▲ 9.3pp85.8%above the sector's middle half▲ 6.1pp
Current ratio0.12below the sector's middle half▼ 0.300.18below the sector's middle half▲ 0.060.18below the sector's middle half=0.44below the sector's middle half▲ 0.260.38below the sector's middle half▼ 0.07
Return on assets (ROA)6.6%within the sector's middle half▲ 5.5pp4.7%within the sector's middle half▼ 1.9pp3.4%within the sector's middle half▼ 1.3pp8.9%within the sector's middle half▲ 5.5pp1.5%within the sector's middle half▼ 7.4pp
Staff (FTE)2below the sector's middle half=2below the sector's middle half=1.5▼ 25.0%
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €40,600€40,600Net result 2020: €32,065€32,065Operating result 2021: €37,659€37,659Net result 2021: €23,397€23,397Operating result 2022: €28,698€28,698Net result 2022: €16,571€16,571Operating result 2023: €52,075€52,075Net result 2023: €42,652€42,652Operating result 2024: €22,023€22,023Net result 2024: €6,722€6,72220202021202220232024€0€20,000€40,000€60,000Operating result 2022: €28,698€28,700Net result 2022: €16,571€16,600Operating result 2023: €52,075€52,100Net result 2023: €42,652€42,700Operating result 2024: €22,023€22,000Net result 2024: €6,722€6,720202220232024
The operating result falls in 2024; 2024 is 58% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €452,711
Fixed assets €428,608 ▼ 4.5%
Current assets €24,103 ▼ 19.8%
Equity and liabilities €452,711
Equity €388,578 ▲ 1.8%
Debt €64,133 ▼ 34.0%
Debt's share of the balance-sheet total falls from 20.3% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€34,724▼
2023 · €68,616
Cash flow
€19,423▼
2023 · €59,193
Debt to equity
0.17▼
2023 · 0.25
ROE
1.7%▼
2023 · 11.2%
Interest coverage
20.05▼
2023 · 27.68
Debt ≤ 1 year
€63,911▼
2023 · €67,709
Income taxes
€13,569▲
2023 · €6,943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,341 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% 1.0%
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% 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 14,732 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 · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€479,048€452,711▼
Fixed assets21/28€448,990€428,608▼
Tangible fixed assets22/27€448,990€428,608▼
Land and buildings22€441,310€428,608▼
Furniture and vehicles24€7,680-
Current assets29/58€30,058€24,103▼
Amounts receivable within one year40/41€14,461€17,646▲
Trade receivables40€5,250€11,230▲
Other amounts receivable41€9,211€6,415▼
Cash at bank and in hand54/58€15,119€2,750▼
Deferred charges and accrued income490/1€478€3,707▲
Equity and liabilities
Total equity and liabilities10/49€479,048€452,711▼
Equity10/15€381,856€388,578▲
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€13,500€13,500=
Non-distributable reserves130/1€1,851€1,851=
Legal reserve130€1,851€1,851=
Tax-exempt reserves132€11,649€11,649=
Profit (loss) carried forward14€349,755€356,477▲
Amounts payable17/49€97,192€64,133▼
Amounts payable after more than one year17€16,460-
Financial debts170/4€16,460-
Amounts payable within one year42/48€67,709€63,911▼
Current portion of amounts payable after more than one year42€27,633€16,460▼
Trade debts44€14,864€14,526▼
Suppliers440/4€14,864€14,526▼
Taxes, remuneration and social security45€25,212€32,925▲
Taxes450/3€15,694€22,889▲
Remuneration and social security454/9€9,519€10,036▲
Accrued charges and deferred income492/3€13,023€223▼
Income statement Code20232024
Turnover70€225,766€161,781▼
Goods, raw materials, services and sundry goods60/61€151,403€121,686▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,541€12,701▼
Other operating charges640/8€5,747€5,371▼
Gross operating margin9900€74,363€40,095▼
Operating profit (loss)9901€52,075€22,023▼
Financial charges65/66B€2,479€1,732▼
Recurring financial charges65€2,479€1,732▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€49,595€20,291▼
Income taxes67/77€6,943€13,569▲
Profit (loss) for the period9904€42,652€6,722▼
Profit (loss) for the period to be appropriated9905€42,652€6,722▼
Appropriation of the result
Profit (loss) to be appropriated9906€349,755€356,477▲
Profit (loss) brought forward from the previous period14P€307,104€349,755▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€183,959€185,042€148,448€225,766€161,781▼ 28.3%
Goods, raw materials, services and sundry goods60/61-€69,832€90,833€151,403€121,686▼ 19.6%
Remuneration, social security and pensions62-€53,575€6,703---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,095€19,531€17,489€16,541€12,701▼ 23.2%
Other operating charges640/8-€4,444€4,725€5,747€5,371▼ 6.5%
Gross operating margin9900€113,954€115,210€57,615€74,363€40,095▼ 46.1%
Operating profit (loss)9901€40,600€37,659€28,698€52,075€22,023▼ 57.7%
Financial charges65/66B-€4,573€3,141€2,479€1,732▼ 30.1%
Recurring financial charges65€4,477€4,573€3,141€2,479€1,732▼ 30.1%
Non-recurring financial charges66B-€0€0€0--
Profit (loss) for the period before taxes9903€36,122€33,086€25,557€49,595€20,291▼ 59.1%
Income taxes67/77€4,057€9,689€8,987€6,943€13,569▲ 95.4%
Profit (loss) for the period9904€32,065€23,397€16,571€42,652€6,722▼ 84.2%
Profit (loss) for the period to be appropriated9905€32,065€23,397€16,571€42,652€6,722▼ 84.2%
Line20202021202220232024Change
Assets
Total assets20/58€488,594€498,339€482,033€479,048€452,711▼ 5.5%
Fixed assets21/28€479,659€484,869€465,531€448,990€428,608▼ 4.5%
Tangible fixed assets22/27€479,659€484,869€465,531€448,990€428,608▼ 4.5%
Land and buildings22-€466,712€454,011€441,310€428,608▼ 2.9%
Plant, machinery and equipment23-€122----
Furniture and vehicles24--€11,520€7,680--
Leasing and similar rights25-€18,034----
Current assets29/58€8,935€13,470€16,502€30,058€24,103▼ 19.8%
Amounts receivable within one year40/41€4,673€6,925€9,064€14,461€17,646▲ 22.0%
Trade receivables40---€5,250€11,230▲ 114%
Other amounts receivable41-€6,925€9,064€9,211€6,415▼ 30.4%
Cash at bank and in hand54/58€4,240€5,300€2,550€15,119€2,750▼ 81.8%
Deferred charges and accrued income490/1-€1,245€4,888€478€3,707▲ 676%
Equity and liabilities
Total equity and liabilities10/49€488,594€498,339€482,033€479,048€452,711▼ 5.5%
Equity10/15€299,236€322,633€339,204€381,856€388,578▲ 1.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Reserves13€13,500€13,500€13,500€13,500€13,500=
Non-distributable reserves130/1-€1,851€1,851€1,851€1,851=
Legal reserve130-€1,851€1,851€1,851€1,851=
Tax-exempt reserves132-€11,649€11,649€11,649€11,649=
Profit (loss) carried forward14€267,136€290,533€307,104€349,755€356,477▲ 1.9%
Amounts payable17/49€189,358€175,706€142,829€97,192€64,133▼ 34.0%
Amounts payable after more than one year17€97,229€82,635€44,093€16,460--
Financial debts170/4-€82,635€44,093€16,460--
Amounts payable within one year42/48€74,941€73,347€90,336€67,709€63,911▼ 5.6%
Current portion of amounts payable after more than one year42-€32,627€26,918€27,633€16,460▼ 40.4%
Trade debts44€15,839€8,196€24,932€14,864€14,526▼ 2.3%
Suppliers440/4-€8,196€24,932€14,864€14,526▼ 2.3%
Advances received on contracts in progress46--€14,250---
Taxes, remuneration and social security45-€32,524€24,237€25,212€32,925▲ 30.6%
Taxes450/3-€18,087€16,051€15,694€22,889▲ 45.8%
Remuneration and social security454/9-€14,436€8,185€9,519€10,036▲ 5.4%
Accrued charges and deferred income492/3-€19,723€8,400€13,023€223▼ 98.3%
Line20202021202220232024Change
Profit (loss) for the period9904€32,065€23,397€16,571€42,652€6,722▼ 84.2%
+ Depreciation and write-downs630€13,095€19,531€17,489€16,541€12,701▼ 23.2%
Operating cash flow (approximation)€45,161€42,928€34,059€59,193€19,423▼ 67.2%
Investment in fixed assets (approximation)--€24,741€1,849€0€7,680-
Change in cash-€1,060-€2,750€12,569-€12,369▼ 198%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €42,652 ▲157%
Operating result €52,075, net result €42,652, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
10-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
331 m²
Building footprint
331 m²
Volume, LiDAR
2,357 m³
Parcel 21332C0017/00R023, Brussels · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Waverse steenweg 1991, 1160 Oudergem
General construction of buildings
since 19822.020.242.655
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21332C0017/00R023
ProtectedSite or landscapeZoniënwoud op het grondgebied van Oudergem
 Brussels 331 m² 1 · 330 m² 10.0 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. GARAGE NEW EUROP 98.9%
  2. TELLE PERE TELLE FILS TOURISME 99%
  3. Auderghem Construct

Highest known parent: GARAGE NEW EUROP. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

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Of 29,766 companies in this sector we hold annual accounts for 16,066. 10,188 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded23-12-1981
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0422358388
Registered 27-03-2026

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

Register as of 1 October 2026 · Peppol Directory

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

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