COLOR & CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of COLOR & CONSTRUCT is 2.2% (moderate). The 2024 annual accounts show negative equity (-€198,273) and a net result of -€4,367. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 36386 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.13; short-term debt: 88.2% and cash: 26.1% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Return on assets
-70.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€198,273
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
21 d late
2022
31 d early
2021
3 d early
2020
25 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€198,273▼ 2.3%
2023 · -€193,905
Total assets
€6,189▲ 71.6%
2023 · €3,607
Net result
-€4,367▼ 32.6%
2023 · -€3,293
Working capital
€729
2023 · -€1,903
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€8,986▲ 14.9%-€1,442▲ 83.9%-€8,609▼ 497%-€3,223▲ 62.6%-€4,121▼ 27.9%
Net result-€9,416below the sector's middle half▲ 14.9%-€1,682below the sector's middle half▲ 82.1%-€8,856below the sector's middle half▼ 426%-€3,293below the sector's middle half▲ 62.8%-€4,367below the sector's middle half▼ 32.6%
Equity-€180,074below the sector's middle half▼ 5.5%-€181,756below the sector's middle half▼ 0.9%-€190,612below the sector's middle half▼ 4.9%-€193,905below the sector's middle half▼ 1.7%-€198,273below the sector's middle half▼ 2.3%
Total assets€5,846below the sector's middle half▼ 70.5%€2,568below the sector's middle half▼ 56.1%€3,057below the sector's middle half▲ 19.1%€3,607below the sector's middle half▲ 18.0%€6,189below the sector's middle half▲ 71.6%
Debt€185,920▼ 2.4%€184,324▼ 0.9%€193,669▲ 5.1%€197,512▲ 2.0%€204,462▲ 3.5%
Working capital-€5,451below the sector's middle half▲ 39.0%-€5,255below the sector's middle half▲ 3.6%-€8,610below the sector's middle half▼ 63.9%-€1,903below the sector's middle half▲ 77.9%€729below the sector's middle half
Solvency
Current ratio0.52below the sector's middle half▼ 0.171.13within the sector's middle half
Return on assets (ROA)-161.1%below the sector's middle half▼ 105.2pp-70.6%below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,121 in 2024 against €3,223 in 2023; the loss grows.
Key figures and ratios
Debt to equity
-1.03
Debt ≤ 1 year
€5,460▼
2023 · €5,510
Debt > 1 year
€199,002▲
2023 · €192,002
A ratio outside any meaningful range has been withheld (balance sheet total €6,189, equity -€198,273).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,662 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% | 1.7% |
| 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 75% 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 6,940 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61 | €0 | - | - | - | - |
| Other operating charges640/8 | - | €4,405 | €469 | €516 | €528 | ▲ 2.3% |
| Gross operating margin9900 | -€8,458 | €2,962 | -€8,140 | -€2,706 | -€3,594 | ▼ 32.8% |
| Operating profit (loss)9901 | -€8,986 | -€1,442 | -€8,609 | -€3,223 | -€4,121 | ▼ 27.9% |
| Financial income75/76B | - | - | - | €175 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €175 | €0 | ▼ 100% |
| Financial charges65/66B | - | €240 | €247 | €246 | €246 | = |
| Recurring financial charges65 | €430 | €240 | €247 | €246 | €246 | = |
| Profit (loss) for the period before taxes9903 | -€9,416 | -€1,682 | -€8,856 | -€3,293 | -€4,367 | ▼ 32.6% |
| Profit (loss) for the period9904 | -€9,416 | -€1,682 | -€8,856 | -€3,293 | -€4,367 | ▼ 32.6% |
| Profit (loss) for the period to be appropriated9905 | -€9,416 | -€1,682 | -€8,856 | -€3,293 | -€4,367 | ▼ 32.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5,846 | €2,568 | €3,057 | €3,607 | €6,189 | ▲ 71.6% |
| Current assets29/58 | €5,846 | €2,568 | €3,057 | €3,607 | €6,189 | ▲ 71.6% |
| Amounts receivable within one year40/41 | €5,642 | €2,372 | €2,935 | €3,510 | €4,571 | ▲ 30.2% |
| Other amounts receivable41 | - | €2,372 | €2,935 | €3,510 | €4,571 | ▲ 30.2% |
| Cash at bank and in hand54/58 | €204 | €195 | €123 | €97 | €1,618 | ▲ 1,571% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5,846 | €2,568 | €3,057 | €3,607 | €6,189 | ▲ 71.6% |
| Equity10/15 | -€180,074 | -€181,756 | -€190,612 | -€193,905 | -€198,273 | ▼ 2.3% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€200,074 | -€201,756 | -€210,612 | -€213,905 | -€218,273 | ▼ 2.0% |
| Amounts payable17/49 | €185,920 | €184,324 | €193,669 | €197,512 | €204,462 | ▲ 3.5% |
| Amounts payable after more than one year17 | €174,623 | €176,502 | €182,002 | €192,002 | €199,002 | ▲ 3.6% |
| Other amounts payable178/9 | - | €176,502 | €182,002 | €192,002 | €199,002 | ▲ 3.6% |
| Amounts payable within one year42/48 | €11,297 | €7,822 | €11,668 | €5,510 | €5,460 | ▼ 0.9% |
| Trade debts44 | €5,198 | €6,720 | €5,758 | €4,850 | €4,850 | = |
| Suppliers440/4 | - | €6,720 | €5,758 | €4,850 | €4,850 | = |
| Other amounts payable47/48 | - | €1,102 | €5,910 | €660 | €610 | ▼ 7.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,416 | -€1,682 | -€8,856 | -€3,293 | -€4,367 | ▼ 32.6% |
| + Depreciation and write-downs630 | €61 | €0 | - | - | - | - |
| Operating cash flow (approximation) | -€9,355 | -€1,682 | -€8,856 | -€3,293 | -€4,367 | ▼ 32.6% |
| Change in cash | - | -€8 | -€73 | -€26 | €1,521 | ▲ 5,946% |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 35 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
NBB filing
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Gent · 1 establishment unit since 2010
Ground area
259 m²
Building footprint
248 m²
Volume, LiDAR
2,611 m³
2 parcels, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
Codesko
since 20102.193.870.576
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0001/00G020 | Flanders | 141 m² | 1 · 141 m² | 15.9 m · 4 fl. |
| 44804D2841/00N013 | Flanders | 118 m² | 1 · 108 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
Architectenvennootschap Plan 3
BE 0898.830.506
Gent
BELCAT
BE 0803.182.368
Gent
BERRENHEIBOS
BE 0672.755.871
Gent
CE & BE
BE 1000.571.529
Gent
Celona
BE 0742.673.669
Gent
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,464 companies in sector 43120 we hold annual accounts for 3,233. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
68121Development of residential building projects
68122Development of non-residential building projects
43341Painting of buildings
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887510012
Registered
03-07-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.