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COMPACTA CONSTRUCT

Active
Private limited company (pre-2019)founded 20197 years activeArthur Van Gehuchtenplein 1, 1090 Jette, BelgiumKBO/BCE: BE 0723.454.011
Summary

The computed 12-month bankruptcy probability of COMPACTA CONSTRUCT is 4.0% (elevated). The 2024 annual accounts show equity of €38,942 and a net result of -€7,024. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 12% of 36,396 sector peers (NACE 43, fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€708,676total assets 2024
Equity
€38,942
Loss
-€7,024
Turnover not published (abridged schema)
Financial health
46 Fair Checked score 2024
Bankruptcy probability, 12 months
4.0%
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 46- Figures for FY 2024 (filed 02-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late- Sector Specialised construction activities (NACE 43)+ Size: total assets €708,676Show the evidence

Checked score

Score 2024
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 30-3
equity 5.5% of total assets
Liquidity 2-1
short-term debt 94.5% · cash 1.8%
Profitability 33-35
return on assets -1.0%
Bankruptcy probability, 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 4.7% 12-2024: 5.4%▲ +0.7 percentage points vs 11-2024 01-2025: 7.0%▲ +1.6 percentage points vs 12-2024 02-2025: 7.0%● unchanged vs 01-2025 03-2025: 7.4%▲ +0.4 percentage points vs 02-2025 04-2025: 6.7%▼ -0.7 percentage points vs 03-2025 05-2025: 6.8%▲ +0.1 percentage points vs 04-2025 06-2025: 6.6%▼ -0.2 percentage points vs 05-2025 07-2025: 4.8%▼ -1.8 percentage points vs 06-2025 08-2025: 5.4%▲ +0.6 percentage points vs 07-2025 09-2025: 5.6%▲ +0.2 percentage points vs 08-2025 10-2025: 7.5%▲ +1.9 percentage points vs 09-2025highest value 11-2025: 1.9%▼ -5.6 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025lowest value 02-2026: 2.0%▲ +0.1 percentage points vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.2%▲ +0.1 percentage points vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.5 percentage points vs 07-2026 09-2026: 2.9%▲ +0.1 percentage points vs 08-2026 10-2026: 4.0%▲ +1.1 percentage points vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.05 in 2023; short-term debt: 94.5% and cash: 1.8% of total assets), and 94.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 11% on solvency, 3% on liquidity, 17% on profitability and 21% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €708,676
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2021222324
2020 to 2024 · latest year -€7,024
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 36396 sector peers (2024).
NBB · sector comparison
Position among 36396 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
306 days late
2022
on the day
2021
1 day early
2020
51 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 83 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€7,024

Financials · fiscal year 2024, micro schema

Equity
€38,942▼ 15.3%
2023 · €45,966
Total assets
€708,676▲ 22.0%
2023 · €580,943
Net result
-€7,024▼ 273%
2023 · -€1,882
Working capital
€27,138▲ 3.4%
2023 · €26,246
Trend over the years

2020 to 2024, 5 fiscal years

The operating result turns negative in 2024: a loss of €1,487 after €2,936 in 2023, the lowest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result-€1,487 2024 Net result-€7,024 2024

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€43,880-€19,645▼ 55.2%€7,315▼ 62.8%€2,936▼ 59.9%-€1,487
Net result€34,526above the sector's middle half-€13,325within the sector's middle half▼ 61.4%-€3below the sector's middle half-€1,882below the sector's middle half▼ 62,633%-€7,024below the sector's middle half▼ 273%
Equity€34,526within the sector's middle half-€47,851within the sector's middle half▲ 38.6%€47,848within the sector's middle half=€45,966within the sector's middle half▼ 3.9%€38,942within the sector's middle half▼ 15.3%
Total assets€274,258within the sector's middle half-€346,910above the sector's middle half▲ 26.5%€443,092above the sector's middle half▲ 27.7%€580,943above the sector's middle half▲ 31.1%€708,676above the sector's middle half▲ 22.0%
Debt€239,732-€299,059▲ 24.7%€395,244▲ 32.2%€534,977▲ 35.4%€669,734▲ 25.2%
Working capital€94,370above the sector's middle half-€11,706within the sector's middle half▼ 87.6%€19,916within the sector's middle half▲ 70.1%€26,246within the sector's middle half▲ 31.8%€27,138within the sector's middle half▲ 3.4%
Solvency12.6%below the sector's middle half-13.8%below the sector's middle half▲ 1.2pp10.8%below the sector's middle half▼ 3.0pp7.9%below the sector's middle half▼ 2.9pp5.5%below the sector's middle half▼ 2.4pp
Current ratio1.53within the sector's middle half-1.04below the sector's middle half▼ 0.491.05below the sector's middle half▲ 0.011.05below the sector's middle half=1.04below the sector's middle half▼ 0.01
Return on assets (ROA)12.6%within the sector's middle half-3.8%within the sector's middle half▼ 8.7pp0.0%below the sector's middle half▼ 3.8pp-0.3%below the sector's middle half▼ 0.3pp-1.0%below the sector's middle half▼ 0.7pp
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.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €708,676
Fixed assets €11,804 ▼ 40.1%
Current assets €696,872 ▲ 24.2%
Equity and liabilities €708,676
Equity €38,942 ▼ 15.3%
Debt €669,734 ▲ 25.2%
Debt's share of the balance-sheet total rises from 92.1% to 94.5%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,429▼
2023 · €11,148
Cash flow
€892▼
2023 · €6,330
Quick ratio
0.97▼
2023 · 1.01
Debt to equity
17.20▲
2023 · 11.64
ROE
-18.0%▼
2023 · -4.1%
Interest coverage
1.90▼
2023 · 19.94
Debt ≤ 1 year
€669,734▲
2023 · €534,977
Income taxes
€2,147▼
2023 · €4,259
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a small loss
1.8% went bankrupt
3.3% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 819 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€580,943€708,676▲
Fixed assets21/28€19,720€11,804▼
Tangible fixed assets22/27€19,720€11,804▼
Furniture and vehicles24€19,720€11,804▼
Current assets29/58€561,223€696,872▲
Stocks and contracts in progress3€23,151€48,451▲
Stocks30/36€23,151€48,451▲
Amounts receivable within one year40/41€523,971€635,880▲
Trade receivables40€523,971€635,880▲
Cash at bank and in hand54/58€14,101€12,541▼
Equity and liabilities
Total equity and liabilities10/49€580,943€708,676▲
Equity10/15€45,966€38,942▼
Reserves13€500€500=
Non-distributable reserves130/1€500-
Legal reserve130€500-
Distributable reserves133-€500
Profit (loss) carried forward14€45,466€38,442▼
Amounts payable17/49€534,977€669,734▲
Amounts payable within one year42/48€534,977€669,734▲
Trade debts44€534,977€591,756▲
Suppliers440/4€534,977€591,756▲
Taxes, remuneration and social security45-€17,907
Taxes450/3-€17,907
Other amounts payable47/48-€60,071
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,212€7,916▼
Other operating charges640/8€1,126€207▼
Gross operating margin9900€12,274€6,636▼
Operating profit (loss)9901€2,936-€1,487▼
Financial charges65/66B€559€3,390▲
Recurring financial charges65€559€3,390▲
Profit (loss) for the period before taxes9903€2,377-€4,877▼
Income taxes67/77€4,259€2,147▼
Profit (loss) for the period9904-€1,882-€7,024▼
Profit (loss) for the period to be appropriated9905-€1,882-€7,024▼
Appropriation of the result
Profit (loss) to be appropriated9906€45,466€38,442▼
Profit (loss) brought forward from the previous period14P€47,348€45,466▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,763€6,889€8,213€8,212€7,916▼ 3.6%
Other operating charges640/8-€1,656€3,444€1,126€207▼ 81.6%
Gross operating margin9900€48,733€28,190€18,972€12,274€6,636▼ 45.9%
Operating profit (loss)9901€43,880€19,645€7,315€2,936-€1,487▼ 151%
Financial income75/76B-€32€51---
Recurring financial income75€7€32€51---
Financial charges65/66B-€268€1,613€559€3,390▲ 506%
Recurring financial charges65€151€268€1,613€559€3,390▲ 506%
Profit (loss) for the period before taxes9903€43,736€19,409€5,753€2,377-€4,877▼ 305%
Income taxes67/77€9,210€6,084€5,756€4,259€2,147▼ 49.6%
Profit (loss) for the period9904€34,526€13,325-€3-€1,882-€7,024▼ 273%
Profit (loss) for the period to be appropriated9905€34,526€13,325-€3-€1,882-€7,024▼ 273%
Line20202021202220232024Change
Assets
Total assets20/58€274,258€346,910€443,092€580,943€708,676▲ 22.0%
Fixed assets21/28€1,804€36,145€27,932€19,720€11,804▼ 40.1%
Tangible fixed assets22/27€1,804€36,145€27,932€19,720€11,804▼ 40.1%
Plant, machinery and equipment23-€17----
Furniture and vehicles24-€36,128€27,932€19,720€11,804▼ 40.1%
Current assets29/58€272,454€310,765€415,160€561,223€696,872▲ 24.2%
Stocks and contracts in progress3-€24,561€27,197€23,151€48,451▲ 109%
Stocks30/36-€24,561€27,197€23,151€48,451▲ 109%
Amounts receivable within one year40/41€263,106€233,721€386,585€523,971€635,880▲ 21.4%
Trade receivables40-€221,295€386,585€523,971€635,880▲ 21.4%
Other amounts receivable41-€12,426----
Cash at bank and in hand54/58€8,562€52,483€1,378€14,101€12,541▼ 11.1%
Equity and liabilities
Total equity and liabilities10/49€274,258€346,910€443,092€580,943€708,676▲ 22.0%
Equity10/15€34,526€47,851€47,848€45,966€38,942▼ 15.3%
Reserves13€500€500€500€500€500=
Non-distributable reserves130/1-€500€500€500--
Legal reserve130-€500€500€500--
Distributable reserves133----€500-
Profit (loss) carried forward14€34,026€47,351€47,348€45,466€38,442▼ 15.4%
Amounts payable17/49€239,732€299,059€395,244€534,977€669,734▲ 25.2%
Amounts payable within one year42/48€178,084€299,059€395,244€534,977€669,734▲ 25.2%
Trade debts44€118,645€222,055€395,244€534,977€591,756▲ 10.6%
Suppliers440/4-€222,055€395,244€534,977€591,756▲ 10.6%
Taxes, remuneration and social security45-€20,094--€17,907-
Taxes450/3-€15,294--€17,907-
Remuneration and social security454/9-€4,800----
Other amounts payable47/48-€56,910--€60,071-
Line20202021202220232024Change
Profit (loss) for the period9904€34,526€13,325-€3-€1,882-€7,024▼ 273%
+ Depreciation and write-downs630€2,763€6,889€8,213€8,212€7,916▼ 3.6%
Operating cash flow (approximation)€37,289€20,214€8,210€6,330€892▼ 85.9%
Investment in fixed assets (approximation)--€41,230€0€0€0-
Change in cash-€43,921-€51,105€12,723-€1,560▼ 112%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of 15,505 companies in this sector we hold annual accounts for 7,508. 5,980 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

COMPACTA CONSTRUCT was incorporated on 21 March 2019.1 Total assets rose from €274,258 in 2020 to €708,676 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

Acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
02-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 306 days late
2024
31-12
Financial Weakest financial yearnet -€7,024
Net result drops to -€7,024, the lowest in the series.
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded21-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0723454011
Also 9925:BE0723454011
Registered 08-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 7 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,916 m²
Building footprint
1,670 m²
Volume, LiDAR
22,691 m³
Parcel 21010B0136/00B002, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
COMPACTA CONSTRUCT
Arthur Van Gehuchtenplein 1, 1090 JetteSpecialised construction activities
since 2019unit no. 2.373.448.557
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21010B0136/00B002 Brussels 2,916 m² 1 · 1,670 m² 17.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.