Result
From profit to loss in 2025, after a profit of €636,215 in 2024.
From profit to loss in 2025, after a profit of €636,215 in 2024.
Short-term debts fell from €545,135 to €147,137.
Lower net result than 82% of companies in real estate. Sector median €9,997 · 11,290 companies.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 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 68, micro). It does better than 91% of them on solvency, 85% on liquidity, 21% on profitability and 31% 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).
In July 2024, 480 companies had the same profile as Auka-Construct has now. Each dot is one company, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Auka-Construct itself: < 0.1% within 12 months.
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 480 companies, not a prediction for Auka-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 5.11 (2.19 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 27.1% of total assets. 19.9% 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 3 accounts on average 46 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Auka-Construct Hooglede | €0.8m | -€54,295 | 80.1% | 0 |
| Nodge Construct Wingene | €0.6m | -€4,714 | 6.1% | 0 |
| VMB WES Merchtem | €0.8m | -€5,177 | -10.6% | 0 |
| AVE IMMO Chaudfontaine | €0.9m | -€1,300 | 9.2% | 0 |
| CORBEAU TERRA FORM I Ostend | €0.9m | -€656 | 6.6% | 0 |
| NORTH DEVELOPMENT Knokke-Heist | €1.4m | -€2,117 | -4.9% | 0 |
| COMPAGNIE DU BOIS DES MANANTS Liège | €0.6m | -€957 | 18.8% | 0 |
These companies have the same main activity as Auka-Construct: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €616,000 and €1.4m, founded between 2021 and 2023.
Auka-Construct files the abbreviated format. That format states no turnover. The gross margin fell from -€2,367 in 2023 to -€54,295 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Higher than 85% of 11,299 companies in 2025.
Higher than 84% of 10,851 companies in 2025.
Higher than 12% of 11,184 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
751,899 | 1.2m | 1.7m | |
29/58 |
751,899 | 1.2m | 1.7m | |
3 |
0 | 157,032 | 1.5m | |
37 |
0 | 157,032 | 1.5m | |
40/41 |
291,156 | 521,142 | 188,374 | |
40 |
194,151 | 520,235 | 187,479 | |
41 |
97,004 | 907 | 895 | |
50/53 |
250,000 | 250,000 | - | |
54/58 |
203,690 | 267,090 | 44,935 | |
490/1 |
7,054 | 161 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
751,899 | 1.2m | 1.7m | |
10/15 |
602,538 | 649,909 | 13,694 | |
10/11 |
10,000 | 10,000 | 10,000 | |
13 |
592,538 | 639,909 | 3,694 | |
132 |
315,750 | 315,750 | - | |
133 |
276,788 | 324,159 | 3,694 | |
17/49 |
149,361 | 545,516 | 1.7m | |
42/48 |
147,137 | 545,135 | 1.7m | |
43 |
- | 0 | 195,000 | |
430/8 |
- | 0 | 195,000 | |
44 |
20,156 | 268,811 | 163,445 | |
440/4 |
20,156 | 268,811 | 163,445 | |
46 |
- | 0 | 921,023 | |
45 |
125,682 | 275,026 | 113,599 | |
450/3 |
125,682 | 275,026 | 113,599 | |
47/48 |
1,298 | 1,298 | 300,000 | |
492/3 |
2,225 | 381 | - | |
| Income statement | ||||
9900 |
-54,295 | 837,046 | -2,367 | |
630 |
- | 0 | 2,623 | |
640/8 |
1,497 | 1,826 | 215 | |
9901 |
-55,793 | 835,220 | -5,205 | |
75/76B |
8,703 | 1,975 | 10,104 | |
75 |
8,703 | 1,975 | 10,104 | |
65/66B |
282 | 228 | 219 | |
65 |
282 | 228 | 219 | |
9903 |
-47,371 | 836,966 | 4,681 | |
67/77 |
0 | 200,751 | 987 | |
9904 |
-47,371 | 636,215 | 3,694 | |
689 |
0 | 315,750 | - | |
9905 |
-47,371 | 320,465 | 3,694 | |
| Appropriation of the result | ||||
9906 |
-47,371 | 320,465 | 3,694 | |
791/2 |
47,371 | - | - | |
691/2 |
0 | 320,465 | 3,694 | |
6921 |
0 | 320,465 | 3,694 | |
| Social balance sheet | ||||
9087 |
0 | - | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| - | 835,220 | -2,582 | ||
| - | 636,215 | 6,317 | ||
| - | 0 | - | ||
| -63,400 | 222,155 | - | ||
| 604,762 | 650,290 | 13,694 | ||
| 80.1% | 54.4% | 0.8% | ||
| 5.11 | 2.19 | 1.01 | ||
| 5.11 | 1.90 | 0.14 | ||
| 0.25 | 0.84 | - | ||
| -7.9% | 97.9% | 27.0% | ||
| -6.3% | 53.2% | 0.2% | ||
| - | over 100 | -11.81 |
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.
The operating result for 2025 is a loss of €55,793, after a profit of €835,220 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total falls from 45.6% to 19.9%. Equity and debt are lower.
Auka-Construct has no parent and no holdings in its annual accounts. COOL Thomas André is the only director.
| Cool Callewaert
registered office since 08-01-2019 · founded in 2018 |
total assets €2.9m (2025) 0716.911.855 |
The connected companies are in the list below.
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
On 21 June 2022, Auka-Construct was incorporated as a private limited company by two natural persons, with a starting capital of €10,000.12 COOL Thomas André is director of the company, appointed by deed of 23-06-2022.2 Total assets went from €1.7m in 2023 to €751,899 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Amersveldestraat 22 registered office 8830 Hooglede | 21-06-2022 | 2.332.552.367 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36006A0476/00E000 | 1.8 ha | 1 · 204 m² | 7.6 m · 2 |
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 0787.499.745
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