CO-CONSTRUCT
ActiveSummary
CO-CONSTRUCT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€70,728) and a net result of €8,796. Equity is shrinking by ~38.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
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Signals
This company filed its last 7 accounts on average 89 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,799 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €761 | €2,268 | €671 | €2,709 | €654 | ▼ 75.9% |
| Gross operating margin9900 | -€7,332 | -€38,532 | -€513 | -€773 | -€1,659 | ▼ 115% |
| Operating profit (loss)9901 | -€8,094 | -€40,800 | -€1,184 | -€3,482 | -€2,313 | ▲ 33.6% |
| Financial income75/76B | €7 | - | - | - | - | - |
| Recurring financial income75 | €7 | - | - | - | - | - |
| Financial charges65/66B | €520 | €7,838 | €102 | €459 | €1,192 | ▲ 159% |
| Recurring financial charges65 | €520 | €7,838 | €102 | €459 | €1,192 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | -€8,606 | -€48,638 | -€1,286 | -€3,941 | -€3,504 | ▲ 11.1% |
| Income taxes67/77 | - | - | - | €12,350 | -€12,300 | ▼ 200% |
| Profit (loss) for the period9904 | -€8,606 | -€48,638 | -€1,286 | -€16,292 | €8,796 | ▲ 154% |
| Profit (loss) for the period to be appropriated9905 | -€8,606 | -€48,638 | -€1,286 | -€16,292 | €8,796 | ▲ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €296,902 | €14,376 | €11,973 | €4,505 | €1,550 | ▼ 65.6% |
| Fixed assets21/28 | €4,473 | €4,473 | €4,473 | €4,473 | €1,545 | ▼ 65.5% |
| Tangible fixed assets22/27 | €1,545 | €1,545 | €1,545 | €1,545 | €1,545 | = |
| Plant, machinery and equipment23 | €1,545 | €1,545 | €1,545 | €1,545 | €1,545 | = |
| Financial fixed assets28 | €2,928 | €2,928 | €2,928 | €2,928 | - | - |
| Current assets29/58 | €292,429 | €9,902 | €7,500 | €32 | €5 | ▼ 84.4% |
| Stocks and contracts in progress3 | €290,415 | - | - | - | - | - |
| Stocks30/36 | €290,415 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1,754 | €2,397 | - | - | - | - |
| Trade receivables40 | - | €2,397 | - | - | - | - |
| Other amounts receivable41 | €1,754 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €260 | €5 | - | €32 | €5 | ▼ 84.4% |
| Deferred charges and accrued income490/1 | - | €7,500 | €7,500 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €296,902 | €14,376 | €11,973 | €4,505 | €1,550 | ▼ 65.6% |
| Equity10/15 | -€13,308 | -€61,947 | -€63,232 | -€79,524 | -€70,728 | ▲ 11.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €28,121 | €28,121 | €28,121 | €28,121 | €28,121 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | €1,251 | €1,251 | €1,251 | €1,251 | €1,251 | = |
| Distributable reserves133 | €25,011 | €25,011 | €26,870 | €26,870 | €26,870 | = |
| Profit (loss) carried forward14 | -€60,030 | -€108,668 | -€109,954 | -€126,245 | -€117,449 | ▲ 7.0% |
| Amounts payable17/49 | €310,210 | €76,322 | €75,206 | €84,029 | €72,278 | ▼ 14.0% |
| Amounts payable within one year42/48 | €310,210 | €76,322 | €75,206 | €84,029 | €72,278 | ▼ 14.0% |
| Financial debts43 | €225,000 | €1,050 | - | - | - | - |
| Credit institutions430/8 | €220,000 | - | - | - | - | - |
| Other loans439 | €5,000 | €1,050 | - | - | - | - |
| Trade debts44 | €3,521 | €8,805 | €10,212 | €12,688 | €2,764 | ▼ 78.2% |
| Suppliers440/4 | €3,521 | €8,805 | €10,212 | €12,688 | €2,764 | ▼ 78.2% |
| Taxes, remuneration and social security45 | - | €1,185 | - | €0 | - | - |
| Taxes450/3 | - | €1,185 | - | €0 | - | - |
| Other amounts payable47/48 | €81,689 | €65,283 | €64,993 | €71,341 | €69,514 | ▼ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,606 | -€48,638 | -€1,286 | -€16,292 | €8,796 | ▲ 154% |
| Operating cash flow (approximation) | -€8,606 | -€48,638 | -€1,286 | -€16,292 | €8,796 | ▲ 154% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €2,928 | - |
| Change in cash | - | -€255 | - | - | -€27 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44066D1144/00B000 | Flanders | 1,153 m² | 1 · 234 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.