Skip to content

CLASS-CONSTRUCT

Active Private limited companyfounded 1991active for 35 yearsLange Eikstraat 46, 1970 Wezembeek-OppemKBO/BCE: BE 0443.482.317 subsidiary of CLASS - INVEST#2 oldest company in Wezembeek-Oppem, Construction sector
CLASS-CONSTRUCT
Follow ReportCompare

Overview

Lifetime

21 annual accounts with figures on one time axis, 33 filings since 1992
peak €552,272 (2017)
€26,147▼ 23.1%
lowest -€112,140 (2013)
€12,868▼ 40.1%
peak €167,462 (2025)
€167,462▲ 8.3%
€1.1m▲ 17.5%
peak 2.2 FTE (2012)
-not published
Board4 names since 2011
1 directorCLASS-BUSINESS
Owners2 names in the annual accounts
14.5%CLASS-BUSINESS
Documentsfilings and deeds
30-06-202661 days late
2025micro format
Gross margin from €33,981 to €26,147Result from €21,476 to €12,868Debts from €951,282 to €1.1mCash from €23,036 to €1,470

Key points

from the 2025 annual accounts

Equity

€167,462 ▲ 8.3%

CLASS-CONSTRUCT has made a profit without a break since 2017.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€1.1m 87% of the balance sheet

Filings

33 annual accounts 61 days
deadline200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

€167,462

More equity than 83% of companies in construction of buildings. Sector median €45,544 · 9,455 companies.

Checked score

62
Healthy
Financially stronger than 29% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 1.7%▲ +0.1 percentage points vs 12-2024 02-2025: 2.0%▲ +0.3 percentage points vs 01-2025 03-2025: 1.9%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%▲ +0.2 percentage points vs 03-2025highest value 05-2025: 1.5%▼ -0.6 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.5%● unchanged vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 0.7%▼ -0.8 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.3 percentage points vs 03-2026 05-2026: 1.4%▲ +0.4 percentage points vs 04-2026 06-2026: 1.6%▲ +0.2 percentage points vs 05-2026 07-2026: 1.5%▼ -0.1 percentage points vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026

Financial strength
Weak

38-1equity 13.0% of total assets
2-3short-term debt 87.0% · cash 0.1%
70-1return on assets 1.0%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.13, cash €1,470, halved
lowers risk
Size: total assets €1.3m
Calculation

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 41, micro). It does better than 20% of them on solvency, 4% on liquidity, 42% on profitability and 51% on growth.

The bankruptcy probability was computed on 07-11-2026 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 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).

Comparable companies, two years later

In July 2024, 4,685 companies had the same profile as CLASS-CONSTRUCT has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

The bankruptcy probability of CLASS-CONSTRUCT itself is higher: 1.5% within 12 months. It rests on far more data about CLASS-CONSTRUCT than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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 4,685 companies, not a prediction for CLASS-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.

Credit verdict

Credit of up to €10,000 on 30-day terms, only on tighter conditions: historical bankruptcy publications

Liquidity is tight, with a current ratio of 1.13 (1.13 in 2024), below the usual 1.5. Short-term debt is 87% and cash 0.1% of total assets. 87% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.13, cash €1,470, halved
NBB · annual accounts
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9452 sector peers (2025).
NBB · sector comparison
Position among 9452 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · 2025 accounts filed 61 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
on the day
2023
1 day early
2022
31 days late
2021
18 days late
2020
31 days late
2019
203 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 18 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CB
CLASS-BUSINESS
Director, de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain
Board & ownership

Recent changes

Permanent representative: Etienne de Sauvage Vercour General meeting of 13-11-2023 · Gazette deed
Bankruptcy reversal Enterprise Court of Brussels · judgment of 27-10-2023 · Bankruptcy
Bankruptcy published Enterprise Court of Brussels · judgment of 03-10-2023 · Bankruptcy
Company renamed from IMAGINE to CLASS-CONSTRUCT Registered office moved to Overijse · New registered office: Brusselsesteenweg 292, 3090 Overijse · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
CLASS-CONSTRUCT Wezembeek-Oppem €1.3m €26,147 13.0% -
PALLADIO Bonheiden €1.3m €24,022 81.5% -
IMMOBILIERE DE L'EMPIRE Gerpinnes €1.1m €26,045 17.0% -
SHARK Mons €1.1m €31,611 36.8% -
STACUBO Begijnendijk €1.1m €29,954 77.2% -
HOLTAPPELS EMILE Lanaken €1.1m €33,872 76.8% -
RINADI La Louvière €1.5m €35,291 99.7% -

These companies have the same main activity as CLASS-CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1988 and 1997.

Official details

Source: KBO
Status
Active since 01-04-1991Normal situation
Registered office
614 active companies are registered at this address102 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
General construction of residential buildingsNACE 41001and 5 others
Establishment unit
2.052.156.4475030 Gembloux, since 02-04-1991
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2025

€26,147▼ 23.1%
€12,868▼ 40.1%
€167,462▲ 8.3%
€1.3m▲ 16.2%
Filing
Filed on 30-06-2026
Financials

Insights on CLASS-CONSTRUCT

CLASS-CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €18,842 in 2005 to €26,147 in 2025.

CLASS - INVEST holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-06-2026, 61 days late
€26,147
▼ 23.1%
€16,474
▼ 32.2%
€26,147
▼ 23.1%
€22,541
▼ 27.6%
13.0%
▼ 0.9 percentage points
1.13
▲ 0.00

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €100,000 and €340,000.

In the rankings #2 oldest company in Wezembeek-Oppem, Construction sector#5 company by total assets in Wezembeek-Oppem, Construction sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.3m on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

13.0%

Higher than 21% of 9,452 companies in 2025.

1.13

Higher than 29% of 9,200 companies in 2025.

1.0%

Higher than 30% of 9,272 companies in 2025.

CLASS-CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008200720062005
Balance sheet: assets
20/58 1.3m1.1m480,945498,30696,389479,106227,639105,23922,434213,107215,034214,169228,948347,943379,775353,738330,444259,327199,147207,474192,969
21/28 17,36827,04142,71540,93580808080802,3623,6104,21114,68821,38723,31838,46944,35143,3421,5562,7354,496
22/27 17,28826,96136,63540,855-----2,2823,5304,13114,60821,30723,23838,38944,35143,3421,5562,7354,496
23 17,28826,96136,63540,855-----2,0663,0984,1316,1248,11712,92817,76917,89211,5398091,2414,334
24 ---------216432-8,48313,19010,31020,62026,45931,8037471,494162
28 80806,08080808080808080808080808080-----
29/58 1.3m1.1m438,231457,37196,309479,026227,559105,15922,354210,746211,423209,958214,260326,556356,457315,269286,093215,985197,591204,739188,473
3 ------20,64920,64920,649206,495206,495206,495206,495289,015294,204278,807253,364192,090190,081193,768178,647
30/36 ------20,64920,64920,649206,495206,495206,495206,495289,015294,204278,807253,364192,090190,081193,768178,647
40/41 1.3m1.1m415,984307,55396,309433,572206,91084,5091,0643,0503,6301,7565,12419,65029,49317,84723,80211,3423,7956,7336,088
40 1.2m1.0m374,570233,03631,787401,750105,33080,2637162,4353,6301,755--4,956-13,3657155672,1991,867
41 19,77210,45541,41474,51764,52231,822101,5804,247348615015,12419,65024,53717,84710,43710,6273,2284,5344,221
54/58 1,47023,03616,501149,818-45,454--2696223012213,02926,52715,0346,3507,2913,3613,7853,269
490/1 4,6515,1985,746-----6141,1051,2761,6772,5204,8616,2323,5822,5765,261354453469
Balance sheet: equity and liabilities
10/49 1.3m1.1m480,945498,30696,389479,106227,639105,23922,434213,107215,034214,169228,948347,943379,775353,738330,444259,327199,147207,474192,969
10/15 167,462154,594133,11997,88993,15977,27450,31833,2926,061-870,853-856,343-817,103-719,981-307,841-198,447-169,862-137,281-67,190-77,886-142,925-129,707
10/11 548,592548,592548,592548,592548,592548,592548,592548,592548,59218,59218,59218,59218,592318,592318,592268,592218,592218,592118,59218,59218,592
10 ---548,592548,592----------------
100 ---548,592548,592548,592548,592548,592548,59218,59218,59218,59218,592318,592318,592268,592218,592218,592118,59218,59218,592
13 563563563563563563563563563563563563563563563563563563563563563
130/1 ---563563563-----------563---
130 ---563563563563563563563563563563563563563563-563563563
1312 -----------------563---
133 563563563------------------
14 -381,693-394,561-416,036-451,266-455,996-471,881-498,837-515,863-543,094-890,008-875,498-836,258-739,136-626,996-517,602-439,017-356,436-286,345-197,041-162,080-148,862
17/49 1.1m951,282347,827400,4173,231401,832177,32171,94716,3731.1m1.1m1.0m948,929655,784578,222523,600467,724326,517277,032350,399322,676
17 --------------7,47218,18828,34037,9584,12312,52323,141
170/4 --------------7,47218,18828,34037,9584,12312,52323,141
42/48 1.1m951,282347,827400,4173,231401,832177,32171,94716,3731.1m1.1m1.0m948,929651,227561,148504,773435,440288,558271,658332,442255,318
42 -------------8,38810,71610,1529,61813,2358,41310,61811,209
43 ----1,766-12,20112,37912,18512,31112,69912,51112,79610,649-3,17310,1945,4732,61011,63610,885
430/8 ----1,766-12,20112,37912,18512,31112,69912,51112,79610,649-3,17310,1945,4732,61011,63610,885
44 314,040307,698106,115289,178806147,0928,07825,9481,6559821,7482,9361,02512,93615,5237,7559,55639,142-51,68517,244
440/4 314,040307,698106,115289,178806147,0928,07825,9481,6559821,7482,9361,02512,93615,5237,7559,55639,142-51,68517,244
46 328,040474,418-------------------
45 -------6006006986902,2831,71912,29213,21010,56612,0267,0054,8146,26713,521
450/3 ---------98-831,7197902,1061,0414,483482253-7,260
454/9 -------6006006006902,200-11,50211,1049,5257,5436,5244,5616,2676,261
47/48 475,512169,166241,712111,238658254,740157,04233,0201,9331.1m1.1m1.0m933,390606,961521,699473,127394,046223,703255,821252,236202,459
492/3 -------------4,5579,6016393,944-1,2525,43444,217
Income statement
70 -----------------138,551---
76A --------556,511--------115,292--
9900 26,14733,98145,4588,65816,72449,25918,18329,170552,272-4,151-7,803-8,485-35,69744,06757,13342,27822,113-35,679-11,31518,74418,842
60/61 -----------------174,230---
62 --------632,1322,10816,50847,12598,03090,60583,52748,79230,14624,48222,43122,913
630 9,6739,6739,6372,094----2,2821,2491,2492,1306,69919,03515,49615,38112,94811,5351,1794,0026,006
631/4 -----20,649--185,845------------
640/8 --146876-50385021,4481,3302,25714,6452,1474,2862,5572,5531,1632,3342,7012,2922,272
66A -----------6,280------1,380421,483
9901 16,47424,30735,6755,68816,72428,55918,14428,668362,634-8,862-13,416-41,767-91,668-77,284-51,524-59,183-40,789-79,694-39,678-9,981-12,349
75/76B -762440----000001,74953404462598231,562325
75 -762201----000001,74953404462598231,562325
76B --239------------------
65/66B 3,6063,5948859588391,6031,1181,43615,7215,57025,73548,92622,13032,11427,40023,84529,3279,7089,2184,7577,216
65 3,6063,5948859588391,6031,1181,43615,7215,57025,73548,92622,13032,11427,40023,84529,3279,7089,2184,7577,216
9903 12,86821,47635,2304,73015,88526,95617,02627,231346,914-14,432-39,151-96,973-112,050-109,393-78,584-82,581-70,091-89,304-34,961-13,218-20,723
67/77 ---------078891499010-0----
9904 12,86821,47635,2304,73015,88526,95617,02627,231346,914-14,510-39,240-97,122-112,140-109,394-78,585-82,581-70,091-89,304-34,961-13,218-20,723
9905 12,86821,47635,2304,73015,88526,95617,02627,231346,914-14,510-39,240-97,122-112,140-109,394-78,585-82,581-70,091-89,304-34,961-13,218-20,723
Appropriation of the result
9906 -381,693-394,561-416,036-451,266-455,996-471,881-498,837-515,863-543,094-890,008-875,498-836,258-739,136-626,996-517,602-439,017-356,436-286,345-197,041-162,080-148,862
14P -394,561-416,036-451,266-455,996-471,881----------------
Social balance sheet
9087 ------------0.52.221.91.11.2111
Hours worked1013 ------------7453,6183,5803,3521,9541,9591,7321,6791,693
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1992-2004) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 June 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00233486.

Financial year Type Filed Reference Document
30-09-2025 micro format 30-06-2026 2026-00233486 PDF
30-09-2024 micro format 30-04-2025 2025-00083184 PDF
30-09-2023 micro format 29-04-2024 2024-00072513 PDF
30-09-2022 micro format 31-05-2023 2023-00099717 PDF
30-09-2021 micro format 18-05-2022 2022-20031313 PDF
30-09-2020 micro format 31-05-2021 2021-16300329 PDF
30-09-2019 micro format 19-11-2020 2020-71600111 PDF
30-09-2018 full format 30-04-2019 2019-12100213 PDF
30-09-2017 full format 18-04-2018 2018-10100502 PDF
30-09-2016 full format 13-04-2017 2017-09500249 PDF
30-09-2015 full format 29-04-2016 2016-11200212 PDF
30-09-2014 full format 30-04-2015 2015-11200400 PDF
30-09-2013 full format 24-04-2014 2014-10500180 PDF
30-09-2012 full format 16-05-2013 2013-12400024 PDF
30-09-2011 full format 26-04-2012 2012-10000029 PDF
30-09-2010 full format 23-03-2011 2011-06500187 PDF
30-09-2009 full format 29-04-2010 2010-10400151 PDF
30-09-2008 full format 29-06-2009 2009-33100135 PDF
30-09-2007 full format 15-07-2008 2008-40100127 PDF
30-09-2006 full format 09-05-2007 2007-13700324 PDF
30-09-2005 full format 12-05-2006 2006-14202238 PDF
30-09-2004 full format 25-10-2005 2005-83600137 PDF
30-09-2003 full format 20-04-2005 2005-12401408 PDF
30-09-2001 full format 16-04-2002 2002-09804604 PDF
30-09-2000 full format 23-04-2001 2001-10401647 PDF
30-09-1999 full format 12-05-2000 2000-13001277 PDF
30-09-1998 full format 09-04-1999 1999-07303073 PDF
30-09-1997 full format 16-04-1998 1998-07003609 PDF
30-09-1996 full format 26-03-1997 1997-04205186 PDF
30-09-1995 full format 15-04-1996 1996-06101289 PDF
30-09-1994 full format 10-04-1995 1995-05404393 PDF
30-09-1993 full format 25-03-1994 1994-04800378 PDF
30-09-1992 full format 26-03-1993 1993-04205136 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008200720062005
26,14733,98145,3127,782----364,916-7,613-12,167-39,637-84,969-58,249-36,028-43,802-27,842-68,159-38,499-5,979-6,343
22,54131,14944,8666,824----349,195-13,261-37,991-94,991-105,441-90,359-63,089-67,201-57,144-77,769-33,781-9,216-14,717
0-6,00011,41742,949----00648-8,346017,1043459,49813,95653,32202,241-
-21,5666,535-133,317------7074-9-92-12,907-13,49811,4938,684-9413,930-424516-
150,094127,55390,40456,95493,07977,19450,23833,2125,981-873,215-859,953-821,314-734,669-324,671-204,691-189,504-149,348-72,574-74,067-127,703-66,845
------------------57.5%---
13.0%14.0%27.7%19.6%96.6%16.1%22.1%31.6%27.0%-408.6%-398.2%-381.5%-314.5%-88.5%-52.3%-48.0%-41.5%-25.9%-39.1%-68.9%-67.2%
1.131.131.261.1429.811.191.281.461.370.190.200.200.230.500.640.620.660.750.730.620.74
1.131.131.261.1429.811.191.171.170.100.000.000.000.010.060.110.070.080.080.030.030.04
6.676.152.614.090.035.203.522.162.70------------
7.7%13.9%26.5%4.8%17.1%34.9%33.8%81.8%-------------
1.0%1.9%7.3%0.9%16.5%5.6%7.5%25.9%--6.8%-18.2%-45.3%-49.0%-31.4%-20.7%-23.3%-21.2%-34.4%-17.6%-6.4%-10.7%
7.259.4651.188.12-----------------
-----------------2 days---
-----------------82 days---

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.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets--€5,417€42,949-
Financial fixed assets--€6,000--
€9,673€9,673€9,637€2,094-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CLASS-CONSTRUCT

The operating result for 2025 is 32% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 86.0% to 87.0%. Equity and debt are higher.

Board & ownership

Curator

1 mandate
Wim Bollen
Curator, Steenweg Op Sint-Joris-Winge 21, 3200 Aarschot
from 03-10-2023 to 27-10-2023
Also on 257 other cases

Board

1 director, last change in 2022
CLASS-BUSINESS BVBA
Director, permanent representative de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain
appointed by deed of 14-11-2022 term without a fixed end
also on the board of 2 other companies
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“ARTIKEL 13- BEVOEGDHEDEN VAN HET BESTUURSORGAAN § 1. Bestuursbevoegdheid Als er slechts één bestuurder is, is het geheel van de bevoegdheden…”
deed of 12-12-2022
Permanent representatives 1
de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain
Permanent representative, for CLASS-BUSINESS
appointed by deed of 14-11-2022

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
CLASS-BUSINESS
Director
CLASS - INVEST
Director
de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain
Director
Baudouin de SAUVAGE VERCOUR
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • CLASS-BUSINESS
    • Director, from 15-04-2011 to date
  • CLASS - INVEST
    • Director, from 15-04-2011 to 14-11-2022
  • de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain
    • Director, from 15-04-2011 to 14-11-2022
  • Baudouin de SAUVAGE VERCOUR
    • Director, until 29-07-2016

See the board, name and registered office on a given date →

Control

Parent
CLASS - INVEST
Equity €1.4m
Loss €22,829 in 2025 (loss €35,014 in 2024)
Checked score 67
100%
This company
CLASS-CONSTRUCT
Equity €167,462
Profit €12,868 in 2025

and 1 other shareholder

Capital

Contribution
€548,592.01
Shares
750
Contribution per share
€731
Equity per share
€223 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
CLASS-BUSINESS
14.5%
14.5%
CLASS - INVEST
91.49%100%
100% until 2024
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 12-12-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of March at 14:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding…”

Shareholders

2 owners

Owners 2

Capital transactions

Capital over time
  1. 12-12-2022 Capital stated in the deed · 750 shares
  2. 14-11-2022 Converted to unavailable equity

Network & group

Group

CLASS - INVEST has 1 direct subsidiary (2025 accounts), the bar shows equity in euros
ParentCLASS - INVEST1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE CLASS-CONTRUCT €167,462 result €12,868

Source: list of holdings in the 2025 accounts of CLASS - INVEST. Every holding stands with its own latest accounts.

At the same address

Lange Eikstraat 46, 1970 Wezembeek-Oppem · 613 other companies
VITALIX LAB
establishment since 29-07-2021 · founded in 2021
 5.1 FTE (2025)
0771.845.133
KAZIDOMI
establishment since 28-05-2018 · founded in 2016
 4.9 FTE (2025)
0652.941.840
LA TREBIA
registered office since 23-02-2006 · founded in 2006 · accounts filed late
 total assets €3.1m (2024)
0879.561.059
T.D. & T.O. International
registered office since 07-10-2021 · founded in 2021
 turnover €1.6m (2025)
0775.473.428
BATIDAR CONSTRUCT
registered office since 13-06-2006 · founded in 2006
 total assets €1.4m (2025)
0881.831.750
WINPROTECH
registered office since 04-10-2022 · founded in 2022
 8.9 FTE (2025)
0791.808.624
DACO BUILT
registered office since 17-12-2021 · founded in 2021
 turnover €1.1m (2025)
0778.749.949
CamPro Europe
registered office since 21-05-2019 · founded in 2019 · accounts filed late
 turnover €320,355 (2024)
0726.943.338
Q-ZEN
registered office since 13-12-2019 · founded in 2019
 total assets €990,140 (2025)
0739.593.029
GARANT FOREVER CONSTRUCT
registered office since 19-07-2021 · founded in 2021
 turnover €939,574 (2025)
0771.537.505
and 603 more

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
M.D.C.
via CLASS-BUSINESS · Managing director · deed of 27-12-2022
Founded in 1983 · total assets €1.7m (2025)
→
LES HAUTS DE MERBRAINE
via CLASS-BUSINESS · Managing director · deed of 27-12-2022
Founded in 1983 · total assets €227,654 (2025)
→

Timeline

Timeline

47 events since 1991

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Equity above €150,000 equity €154,594 ▲16.1% After 8 profitable years in a row, equity reaches €154,594.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Permanent representative: Etienne de Sauvage VercourGeneral meeting of 13-11-20234 points ▸
  • General meeting, 13-11-2023
  • Registered-office move, Lange Eikstraat 46, 1970 Wezembeek-Oppem
  • Registered-office move, Louizalaan 131A, 1050 Brussel
  • Permanent representative, Etienne de Sauvage Vercour
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Bankruptcy reversal Enterprise Court of Brussels · judgment of 27-10-2023
Bankruptcy published Enterprise Court of Brussels · judgment of 03-10-2023
Equity above €100,000 equity €133,119 ▲36% After 7 profitable years in a row, equity reaches €133,119.
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Company renamed from IMAGINE to CLASS-CONSTRUCTRegistered office moved to Overijse · New registered office: Brusselsesteenweg 292, 3090 Overijse · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company4 points ▸
  • Name change, CLASS-CONSTRUCT
  • Legal-form conversion, from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company
  • Registered-office move, Brusselsesteenweg 292, 3090 Overijse
  • 750 shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Company renamed from IMAGINE to CLASS-CONSTRUCTRegistered office moved to Overijse · New registered office: Brusselsesteenweg 292, 3090 Overijse · Resignations: de SAUVAGE VERCOUR Etienne Marie Jacqueline André Ghislain, CLASS-BUSINESS and CLASS-INVEST · General meeting of 24-10-202215 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 18 days late
2021
Liquidity times 25 current ratio 29.81 The current ratio rises from 1.19 to 29.81. Short-term debt falls from €401,832 to €3,231.
Annual accounts 2020 filed PDFmicro format · 31 days late
Resignation: Baudouin de SAUVAGE VERCOUR (director)Director discharge: Baudouin de SAUVAGE VERCOUR2 points ▸

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFmicro format · 203 days late
2019
Annual accounts 2018 filed PDFfull format · on the deadline day
2018
Annual accounts 2017 filed PDFfull format · 12 days before the deadline
2017
Back to profit net €346,914 The net result is €346,914, after 12 loss-making years.
Liquidity times 7 current ratio 1.37 The current ratio rises from 0.19 to 1.37. Short-term debt falls from €1.1m to €16,373.
Annual accounts 2016 filed PDFfull format · 17 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 1 day before the deadline
2015
Annual accounts 2014 filed PDFfull format · on the deadline day
2014
Annual accounts 2013 filed PDFfull format · 6 days before the deadline
2013
Weakest financial year net -€112,140 The net result drops to -€112,140, the lowest from 2005 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFfull format · 16 days late
2012
Annual accounts 2011 filed PDFfull format · 4 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 38 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 1 day before the deadline
2009
Annual accounts 2008 filed PDFfull format · 60 days late
2008
Annual accounts 2007 filed PDFfull format · 76 days late
2007
Annual accounts 2006 filed PDFfull format · 9 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1991
First establishment IMAGINE, Chaussée de Namur 132, Gembloux
Incorporation published on 22-03-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 1 April 1991, CLASS-CONSTRUCT was incorporated.1 In 2022 the company took the name CLASS-CONSTRUCT.2 The registered office was moved to Overijse in 2022.2 CLASS-BUSINESS is director of the company, appointed by deed of 14-11-2022.2 Total assets went from €227,639 in 2019 to €1.3m in 2025.3 The company was declared bankrupt on 3 October 2023.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-11-2022
  3. 3National Bank, annual accounts 2019 and 2025
  4. 4Belgian Official Gazette, 09-10-2023

Company details

Identity

Enterprise number
0443.482.317
VAT number
BE 0443.482.317
Legal form
Private limited company
Status
Active, normal situation
Founded
01-04-1991
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of March at 14:00
deed of 12-12-2022 (in Dutch)
Peppol
Not found in the Peppol Directory
Name
CLASS-CONSTRUCT in Dutch
Former name
IMAGINE until the deed of 12-12-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-12-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-12-2022 (in Dutch)

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
41002 General construction of office buildings
43110 Demolition
43211 General electrical installation work
68201 Renting and operating of own or leased residential real estate, excluding social housing
71121 Engineering and related technical consultancy, excluding land surveyors
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
43110 Demolition
43211 Specialised construction activities
68201 Real estate activities
71121 Engineering activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Algemene aanneming en constructie van residentiële gebouwen, kantoorgebouwen en andere niet-residentiële gebouwen, bouw van autowegen en…”
4 activities
  1. Algemene aanneming en constructie van residentiële gebouwen, kantoorgebouwen en andere niet-residentiële gebouwen, bouw van autowegen en andere wegen, boven- en ondergrondse spoorwegen, bruggen en tunnels, water- en gasdistributienetten, rioleringen, civieltechnische werken voor vloeistoffen, elektriciteit en telecommunicatie, baggerwerken, waterbouw, bouw van andere civieltechnische werken, slopen, aantastingswerkzaamheden, schoren, funderingen, bouwrijp maken van terreinen, proefboren en boren, elektrotechnische installatiewerken (aan gebouwen en andere), loodgieterswerk, installatie van verwarming, klimaatregeling en ventilatie, isolatiewerkzaamheden, overige bouwinstallatie, stukadoorswerk, schrijnwerk, plaatsen van vloer- en wandtegels, plaatsen van vloerbedekking en wandbekleding van hout, plaatsen van behang en vloerbedekking en wandbekleding van andere materialen, schilderen van gebouwen civieltechnische werken, glaszetten, algemene werkzaamheden in verband met de afwerking van gebouwen, dakwerkzaamheden, waterdichtingswerken van muren, gevelreiniging, bouw van sierschouwen en open haarden, uitvoeren van metsel- en voegwerken, restaureren van bouwwerken, chapewerken, gespecialiseerde bouwwerkzaamheden, interieurdecoratie, landschapsverzorging, algemene reiniging van gebouwen
  2. Handelsbemiddeling in hout en bouwmaterialen, machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaarttuigen, meubelen, huishoudelijke artikelen en ijzerwaren
  3. Handel in eigen onroerend goed, verhuur en exploitatie van eigen of gehuurde residentiële en niet-residentiële onroerende goederen en terreinen
  4. Ingenieurs - en aanverwante technische advisering, en overige technische testen en toetsen, verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers, machines en instailaties voor de bouwnijverheid en de weg- en waterbouw, diverse ondersteunende activiteiten ten behoeve van voorzieningen, algemene zakelijke dienstverlening
deed of 12-12-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Lange Eikstraat 46 registered office 1970 Wezembeek-Oppem
IMAGINE Chaussée de Namur 132, 5030 Gembloux 46423 Wholesale of clothing, excluding workwear and underwear 02-04-1991 2.052.156.447
1 former office
  • 3090 Overijse until the deed of 30-11-2023

Buildings and parcels at the address

Ground area
520 m²
Buildings
325 m²
Volume, LiDAR
2,867 m³
Tallest building
14.8 m
Buildings to scale, each on its own parcel
325 m², 14.8 m 325 m², 14.8 m

Location

registered office establishment approximate The establishment unit on the map
614 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
22006A0114/00P000520 m² 1 · 325 m² 14.8 m · 3

Contact

Phone +32 81 60 10 60

Invoicing and payment

E-invoicing via Peppol

Being listed in the Peppol Directory is voluntary, so the company can still receive invoices via Peppol.

Invoicing without a Peppol listing

Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

Follow this company and you will hear the next morning if it appears in the Peppol register.

Register as of 8 November 2026 · Peppol Directory

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 0443.482.317

We would like to set cookies. That happens only with your consent. What we measure