CONSTANTIN
ActiveSummary
The computed 12-month bankruptcy probability of CONSTANTIN is 6.5% (elevated). For CONSTANTIN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €57,957 and a net result of €18,931. Equity is growing by ~65.7% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability94▼-6
Solvency87▲+31
Growth78=
Track record94
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 2023Solvency, return and age of the figures
Solvency
61.9%
Return on assets
20.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-07-2024, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
28 d early
2022
12 d late
2021
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 1 day 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 (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18,931▼ 42.1%
2022 · €32,686
Working capital
€67,218▲ 140%
2022 · €28,047
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€5,039-€35,015▲ 595%€25,409▼ 27.4%
Net result€3,983-€32,686▲ 721%€18,931▼ 42.1%
Equity€6,483-€39,168▲ 504%€57,957▲ 48.0%
Total assets€44,959-€127,664▲ 184%€93,689▼ 26.6%
Debt€38,477-€88,496▲ 130%€35,731▼ 59.6%
Working capital-€7,486-€28,047€67,218▲ 140%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 27% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €93,689
Fixed assets
€7,805 ▼ 29.8%
Current assets
€85,884 ▼ 26.3%
Equity and liabilities €93,689
Equity
€57,957 ▲ 48.0%
Debt
€35,731 ▼ 59.6%
Debt's share of the balance-sheet total falls from 69.3% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29,462▼
2022 · €38,742
Cash flow
€22,984▼
2022 · €36,413
Current ratio
4.60▲
2022 · 1.32
Debt to equity
0.62▼
2022 · 2.26
ROE
32.7%▼
2022 · 83.4%
ROA
20.2%▼
2022 · 25.6%
Interest coverage
173.43▼
2022 · 1080.97
Debt ≤ 1 year
€18,665▼
2022 · €88,496
Income taxes
€6,308▼
2022 · €8,371
Staff costs
€45,066▲
2022 · €13,532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €13,532 | €45,066 | ▲ 233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €911 | €3,727 | €4,053 | ▲ 8.7% |
| Other operating charges640/8 | - | €1,106 | €3,733 | ▲ 238% |
| Gross operating margin9900 | €5,950 | €53,380 | €78,261 | ▲ 46.6% |
| Operating profit (loss)9901 | €5,039 | €35,015 | €25,409 | ▼ 27.4% |
| Financial income75/76B | €1 | €6,078 | - | - |
| Recurring financial income75 | €1 | €6,078 | - | - |
| Financial charges65/66B | €36 | €36 | €170 | ▲ 374% |
| Recurring financial charges65 | €36 | €36 | €170 | ▲ 374% |
| Profit (loss) for the period before taxes9903 | €5,003 | €41,057 | €25,239 | ▼ 38.5% |
| Income taxes67/77 | €1,021 | €8,371 | €6,308 | ▼ 24.7% |
| Profit (loss) for the period9904 | €3,983 | €32,686 | €18,931 | ▼ 42.1% |
| Profit (loss) for the period to be appropriated9905 | €3,983 | €32,686 | €18,931 | ▼ 42.1% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €44,959 | €127,664 | €93,689 | ▼ 26.6% |
| Fixed assets21/28 | €13,969 | €11,122 | €7,805 | ▼ 29.8% |
| Tangible fixed assets22/27 | €12,769 | €9,922 | €6,605 | ▼ 33.4% |
| Plant, machinery and equipment23 | - | €671 | €872 | ▲ 30.0% |
| Furniture and vehicles24 | €12,769 | €9,251 | €5,732 | ▼ 38.0% |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €30,990 | €116,542 | €85,884 | ▼ 26.3% |
| Amounts receivable within one year40/41 | €29,378 | €114,888 | €78,225 | ▼ 31.9% |
| Trade receivables40 | €7,152 | €12,258 | €11,404 | ▼ 7.0% |
| Other amounts receivable41 | €22,226 | €102,630 | €66,822 | ▼ 34.9% |
| Cash at bank and in hand54/58 | €1,613 | €1,655 | €7,659 | ▲ 363% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €44,959 | €127,664 | €93,689 | ▼ 26.6% |
| Equity10/15 | €6,483 | €39,168 | €57,957 | ▲ 48.0% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Capital10 | - | - | €2,500 | - |
| Issued capital100 | - | - | €2,500 | - |
| Outside capital11 | €2,500 | €2,500 | - | - |
| Share premium1100/10 | €2,500 | - | - | - |
| Other1109/19 | - | €2,500 | - | - |
| Profit (loss) carried forward14 | €3,983 | €36,668 | €55,457 | ▲ 51.2% |
| Amounts payable17/49 | €38,477 | €88,496 | €35,731 | ▼ 59.6% |
| Amounts payable within one year42/48 | €38,477 | €88,496 | €18,665 | ▼ 78.9% |
| Trade debts44 | €37,456 | €80,169 | €9,829 | ▼ 87.7% |
| Suppliers440/4 | €37,456 | €80,169 | €9,829 | ▼ 87.7% |
| Taxes, remuneration and social security45 | €1,021 | €8,327 | €8,836 | ▲ 6.1% |
| Taxes450/3 | €1,021 | €8,327 | €6,474 | ▼ 22.3% |
| Remuneration and social security454/9 | - | €0 | €2,362 | ▲ 23,624,000% |
| Accrued charges and deferred income492/3 | - | - | €17,066 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,983 | €32,686 | €18,931 | ▼ 42.1% |
| + Depreciation and write-downs630 | €911 | €3,727 | €4,053 | ▲ 8.7% |
| Operating cash flow (approximation) | €4,894 | €36,413 | €22,984 | ▼ 36.9% |
| Investment in fixed assets (approximation) | - | -€880 | -€736 | ▲ 16.4% |
| Change in cash | - | €42 | €6,004 | ▲ 14,147% |
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
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 4.60
Current ratio from 1.32 to 4.60; short-term debt falls from €88,496 to €18,665.
12-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 12 days late
2022
31-12
Financial
Highest result since 2021net €32,686 ▲721%
Operating result €35,015, net result €32,686, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 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, Schaarbeek · 1 establishment unit since 2021
Ground area
3,696 m²
Building footprint
495 m²
Volume, LiDAR
1,768 m³
2 parcels, Brussels, Flanders · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Constantin
since 20212.315.853.224
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018E0335/00A000 | Flanders | 3,522 m² | 1 · 320 m² | - |
| 21908E0284/00E000 | Brussels | 174 m² | 1 · 175 m² | 17.3 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2021
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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 electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.