CLASS-CONSTRUCT
ActiveThe file of CLASS-CONSTRUCT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (low). The 2025 annual accounts show equity of €167k and a net result of €13k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 7453 sector peers (fiscal year 2025).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency38▼-1
Growth52=
Track record85
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.13 in 2024; short-term debt: 87% and cash: 0.1% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13%
Return on assets
1%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7453 sector peers (2025).
NBB · sector comparisonPosition among 7453 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-06-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
61 d late
2024
on the day
2023
1 d early
2022
31 d late
2021
18 d late
2020
31 d late
2019
203 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 40.1%
2024 · €21k
2018: €27k
2019: €17k
2020: €27k
2021: €16k
2022: €5k
2023: €35k
2024: €21k
2018 → 2025
Working capital
€150k▲ 17.7%
2024 · €128k
2018: €33k
2019: €50k
2020: €77k
2021: €93k
2022: €57k
2023: €90k
2024: €128k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€98k▲ 5.1%€133k▲ 36.0%€155k▲ 16.1%€167k▲ 8.3%
Operating result€17k-€6k▼ 66.0%€36k▲ 527%€24k▼ 31.9%€16k▼ 32.2%
Net result€16k-€5k▼ 70.2%€35k▲ 645%€21k▼ 39.0%€13k▼ 40.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€17k ▼ 35.8%
Current assets
€1.27M ▲ 17.5%
Equity and liabilities €1.29M
Equity
€167k ▲ 8.3%
Debt
€1.12M ▲ 17.5%
Debt's share of the balance-sheet total rises from 86.0% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2024 · €34k
Cash flow
€23k▼
2024 · €31k
Current ratio
1.13=
2024 · 1.13
Debt to equity
6.67▲
2024 · 6.15
ROE
7.7%▼
2024 · 13.9%
ROA
1.0%▼
2024 · 1.9%
Interest coverage
7.25▼
2024 · 9.46
Debt ≤ 1 year
€1.12M▲
2024 · €951k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.29M▲
Fixed assets21/28€27k€17k▼
Tangible fixed assets22/27€27k€17k▼
Plant, machinery and equipment23€27k€17k▼
Financial fixed assets28€80€80=
Current assets29/58€1.08M€1.27M▲
Amounts receivable within one year40/41€1.05M€1.26M▲
Trade receivables40€1.04M€1.24M▲
Other amounts receivable41€10k€20k▲
Cash at bank and in hand54/58€23k€1k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.29M▲
Equity10/15€155k€167k▲
Contributions10/11€549k€549k=
Reserves13€563€563=
Distributable reserves133€563€563=
Profit (loss) carried forward14€-395k€-382k▲
Amounts payable17/49€951k€1.12M▲
Amounts payable within one year42/48€951k€1.12M▲
Trade debts44€308k€314k▲
Suppliers440/4€308k€314k▲
Advances received on contracts in progress46€474k€328k▼
Other amounts payable47/48€169k€476k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Gross operating margin9900€34k€26k▼
Operating profit (loss)9901€24k€16k▼
Financial income75/76B€762-
Recurring financial income75€762-
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€21k€13k▼
Profit (loss) for the period9904€21k€13k▼
Profit (loss) for the period to be appropriated9905€21k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-395k€-382k▲
Profit (loss) brought forward from the previous period14P€-416k€-395k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150kEq €155k ▲16.1%
7 profitable years in a row build equity to €155k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-11
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · CLASS-CONSTRUCT CVBA BRUSSELSE- STEENWEG 292, 3090 OVERIJSE · event 27-10-2023
09-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · CLASS-CONSTRUCT CVBA BRUSSELSESTEENWEG 292, 3090 OVERIJSE · event 03-10-2023
30-09
Financial
Highest result since 2018net €35k ▲645%
Operating result €36k, net result €35k, both a record.
30-09
Financial
Equity above €100kEq €133k ▲36%
6 profitable years in a row build equity to €133k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
Financial
Weakest financial yearnet €5k ▼70.2%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-09
Financial
Liquidity times 25current ratio 29.81
Current ratio from 1.19 to 29.81; short-term debt falls from €402k to €3k.
Show earlier events
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 203 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Wezembeek-Oppem · 1 establishment unit since 1991
Ground area
5,666 m²
Building footprint
477 m²
Volume, LiDAR
2,867 m³
2 parcels, Flanders, Wallonia · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMAGINE
since 19912.052.156.447
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92254A0387/00L000 | Wallonia | 5,146 m² | 1 · 152 m² | - |
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
03-10-2023 → 27-10-2023 |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,446 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1991
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43110Demolition
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:081601060