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CONSTANTIN CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsKerkhofblommenstraat(STA) 23, 8840 Staden, BelgiumKBO/BCE: BE 1006.710.441

Financials · financial year 2025, micro format

2025 annual accounts filed 41 days after the deadline Filed on 10 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511404.

Annual accounts 2025 filed on 10-09-2026 at the NBB all 2 filings

Turnover
≈ €170,000
Estimated: probably between €88,000 and €300,000
Total assets
€52,579▲ 47.3%
2024 · €35,683
Net result
€11,156▲ 179%
2024 · €3,998
Working capital
€45,154▲ 32.8%
2024 · €33,998
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 179% higher than in 2024.

Operating result€13,945 2025 Net result€11,156 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€4,998-€13,945▲ 179%
Net result€3,998within the sector's middle half-€11,156within the sector's middle half▲ 179%
Equity€33,998within the sector's middle half-€45,154within the sector's middle half▲ 32.8%
Total assets€35,683below the sector's middle half-€52,579below the sector's middle half▲ 47.3%
Debt€1,685-€7,425▲ 341%
Working capital€33,998within the sector's middle half-€45,154within the sector's middle half▲ 32.8%
Solvency95.3%above the sector's middle half-85.9%above the sector's middle half▼ 9.4pp
Current ratio21.17above the sector's middle half-7.08above the sector's middle half▼ 14.09
Return on assets (ROA)11.2%within the sector's middle half-21.2%above the sector's middle half▲ 10.0pp
above within below The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €52,579
Equity €45,154 ▲ 32.8%
Debt €7,425 ▲ 341%
Debt's share of the balance-sheet total rises from 4.7% to 14.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.16▲
2024 · 0.05
ROE
24.7%▲
2024 · 11.8%
Debt ≤ 1 year
€7,425▲
2024 · €1,685
Income taxes
€2,789▲
2024 · €1,000
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as CONSTANTIN CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €49,200 and €64,600, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
CONSTANTIN CONSTRUCT Staden2024€52,579€45,154€13,945-€11,1562025
RBR Izegem2023€55,468€19,724€12,266-€3,3952025
Eli's House Brugge2023€57,115€18,011€15,372€402,360€9,0622025
HP-Building Wevelgem2024€64,641€20,402€14,831-€10,4022025
ALGEMENE BOUWWERKEN STAELEN Poperinge2024€62,612€20,642€16,702-€6,8102025
MAISON CÉLESTE Dilsen-Stokkem2024€49,216€11,120€14,683-€9,1202025
RENOVATE PRO Sint-Pieters-Leeuw2024€52,907€17,251€13,282-€3,8912025

They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as CONSTANTIN CONSTRUCT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of CONSTANTIN CONSTRUCT itself is higher: 5.2% within 12 months. It rests on far more data about CONSTANTIN CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for CONSTANTIN CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 22 lines

Source: Annual accounts 2025 at the NBB, filed on 10-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€35,683€52,579▲
Current assets29/58€35,683€52,579▲
Amounts receivable within one year40/41€35,683€52,579▲
Other amounts receivable41€35,683€52,579▲
Equity and liabilities
Total equity and liabilities10/49€35,683€52,579▲
Equity10/15€33,998€45,154▲
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14€3,998€15,154▲
Amounts payable17/49€1,685€7,425▲
Amounts payable within one year42/48€1,685€7,425▲
Trade debts44€685€3,636▲
Suppliers440/4€685€3,636▲
Taxes, remuneration and social security45€1,000€3,789▲
Taxes450/3€1,000€3,789▲
Income statement Code20242025
Gross operating margin9900€4,998€13,945▲
Operating profit (loss)9901€4,998€13,945▲
Profit (loss) for the period before taxes9903€4,998€13,945▲
Income taxes67/77€1,000€2,789▲
Profit (loss) for the period9904€3,998€11,156▲
Profit (loss) for the period to be appropriated9905€3,998€11,156▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,998€15,154▲
Profit (loss) brought forward from the previous period14P-€3,998

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20242025Change
Gross operating margin9900€4,998€13,945▲ 179%
Operating profit (loss)9901€4,998€13,945▲ 179%
Profit (loss) for the period before taxes9903€4,998€13,945▲ 179%
Income taxes67/77€1,000€2,789▲ 179%
Profit (loss) for the period9904€3,998€11,156▲ 179%
Profit (loss) for the period to be appropriated9905€3,998€11,156▲ 179%
Line20242025Change
Assets
Total assets20/58€35,683€52,579▲ 47.3%
Current assets29/58€35,683€52,579▲ 47.3%
Amounts receivable within one year40/41€35,683€52,579▲ 47.3%
Other amounts receivable41€35,683€52,579▲ 47.3%
Equity and liabilities
Total equity and liabilities10/49€35,683€52,579▲ 47.3%
Equity10/15€33,998€45,154▲ 32.8%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14€3,998€15,154▲ 279%
Amounts payable17/49€1,685€7,425▲ 341%
Amounts payable within one year42/48€1,685€7,425▲ 341%
Trade debts44€685€3,636▲ 431%
Suppliers440/4€685€3,636▲ 431%
Taxes, remuneration and social security45€1,000€3,789▲ 279%
Taxes450/3€1,000€3,789▲ 279%
Line20242025Change
Profit (loss) for the period9904€3,998€11,156▲ 179%
Operating cash flow (approximation)€3,998€11,156▲ 179%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 10-09-2026 2026-00511404 NBB
31-12-2024 micro format 20-09-2025 2025-00501555 PDF

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