Commorreal Construct
ActiveThe computed 12-month bankruptcy probability of Commorreal Construct is 4.5% (elevated). The 2024 annual accounts show negative equity (€-82k) and a net result of €-4k. Equity is shrinking by ~72.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 9981 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.21 in 2023; short-term debt: 470.9% and cash: 9.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
Solvency
-370.9%
Return on assets
-19.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-82k
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 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
23 d early
2022
16 d late
2021
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-82k▼ 5.5%
2023 · €-77k
2021: €19k
2022: €-8k
2023: €-77k
2021 → 2024
Total assets
€22k▲ 9.4%
2023 · €20k
2021: €104k
2022: €39k
2023: €20k
2021 → 2024
Net result
€-4k▲ 93.9%
2023 · €-69k
2021: €14k
2022: €-27k
2023: €-69k
2021 → 2024
Working capital
€-82k▼ 5.5%
2023 · €-77k
2021: €12k
2022: €-14k
2023: €-77k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€19k-€-8k€-77k▼ 875%€-82k▼ 5.5%
Operating result€18k-€-27k€-65k▼ 145%€-4k▲ 93.8%
Net result€14k-€-27k€-69k▼ 155%€-4k▲ 93.9%
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 €4k in 2024 against €65k in 2023; the loss shrinks.
Key figures and ratios
Solvency
-370.9%▲
2023 · -384.4%
Current ratio
0.21▲
2023 · 0.21
Quick ratio
0.21▲
2023 · 0.21
Debt / equity
-1.27▼
2023 · -1.26
ROA
-19.4%▲
2023 · -345.0%
Debt
€104k▲
2023 · €98k
Debt ≤ 1 year
€104k▲
2023 · €98k
Staff costs
€0▼
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20k€22k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€0-
Current assets29/58€20k€22k▲
Amounts receivable within one year40/41€20k€20k▼
Trade receivables40€8k€10k▲
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€242€2k▲
Deferred charges and accrued income490/1€0€142▲
Equity and liabilities
Total equity and liabilities10/49€20k€22k▲
Equity10/15€-77k€-82k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-82k€-87k▼
Amounts payable17/49€98k€104k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€98k€104k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€874€757▼
Remuneration and social security454/9€887€2k▲
Other amounts payable47/48€93k€96k▲
Income statement
Code20232024
Remuneration, social security and pensions62€31k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€4k€180▼
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€-22k€-4k▲
Operating profit (loss)9901€-65k€-4k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€203▼
Recurring financial charges65€4k€203▼
Profit (loss) for the period before taxes9903€-69k€-4k▲
Profit (loss) for the period9904€-69k€-4k▲
Profit (loss) for the period to be appropriated9905€-69k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-87k▼
Profit (loss) brought forward from the previous period14P€-13k€-82k▼
Transfer from equity791/2€0-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Harelbeke · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal Deprezstraat 108530 HarelbekeGround area
8,464 m²
Building footprint
6,301 m²
Parcel 34322B0453/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
Commorreal Construct
since 20202.307.335.733
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0453/00F002 | Flanders | 8,464 m² | 1 · 6,301 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OZD
BE 0846.623.027
Liège · Eq €19k
MRB
BE 0785.265.478
Brussel · Eq €19k
AIC CONSTRUCT
BE 0892.976.951
Verviers · Eq €19k
M-Z RENOVATION
BE 0795.853.722
Dilbeek · Eq €19k
AMTH Invest
BE 0735.549.515
Grâce-Hollogne · Eq €19k
Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 11,448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.