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CONSTRUART

Active
Private limited companyfounded 2009active for 17 yearsJozef Van Hovestraat 28, 1950 Kraainem, BelgiumKBO/BCE: BE 0821.390.852
Summary

CONSTRUART has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €294,772 and a net result of €239,067. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 25% of 9,844 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other specialised construction activities
NACE 43990Bricklaying and masonry work NACE 43910
2nd largest company by total assets in Kraainem, Construction sector2 sites
Size
≈ €1.8mturnover 2025, estimated
Staff
2.2 FTE
Equity
€294,772
Profit
€239,067
Turnover estimated from the gross margin
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 29 days early2 of 17 deeds summarised
Why 88raises riskSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 02-07-2026)Size: 2.2 FTE, total assets €1.2mFounded in 2009Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 49+19
equity 24.1% of total assets
Liquidity 32+12
short-term debt 73.4% · cash 17.1%
Profitability 93+9
return on assets 19.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.2%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.25, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 73.4% and cash: 17.1% of total assets), and 75.9% of the assets are financed with debt and provisions.
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 26% on solvency, 20% on liquidity, 79% on profitability and 98% on growth.

The bankruptcy probability was computed on 29-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed 02-07-2026)
NBB · annual accounts
lowers risk · Size: 2.2 FTE, total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €294,772
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
34 days early
2023
33 days early
2022
52 days early
2021
37 days early
2020
39 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €239,067 ▲60.5%
  3. Equity above €200,000equity €294,772 ▲429%

Financials · financial year 2025, abbreviated format

Turnover
≈ €1.8m
Estimated: probably between €1.1m and €2.4m
EBIT margin
Not included in this filing
Net result
€239,067▲ 60.5%
2024 · €148,937
Working capital
€227,728▲ 26×
2024 · €8,777
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 62% above 2024 and is the highest result in the available series.

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

Operating result€0.3m 2025 Net result€0.2m 2025

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

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.05m▼ 75.3%€0.1m▲ 164%€0.2m▲ 16.4%€0.1m▼ 29.3%€0.08m▼ 29.8%€0.2m▲ 147%€0.3m▲ 61.9%
Net result€0.2m-€0.04m▼ 74.9%€0.1mabove the sector's middle half▲ 213%€0.1mabove the sector's middle half▲ 15.6%€0.08mwithin the sector's middle half▼ 44.2%€0.07mwithin the sector's middle half▼ 14.8%€0.1mabove the sector's middle half▲ 124%€0.2mabove the sector's middle half▲ 60.5%
Equity€0.1m-€0.08m▼ 16.5%€0.1mwithin the sector's middle half▲ 41.5%€0.1mwithin the sector's middle half▼ 3.5%€0.1mwithin the sector's middle half=€0.09mwithin the sector's middle half▼ 23.6%€0.06mbelow the sector's middle half▼ 36.7%€0.3mwithin the sector's middle half▲ 429%
Total assets€1.0m-€0.7m▼ 30.5%€0.8mwithin the sector's middle half▲ 16.5%€1.0mwithin the sector's middle half▲ 30.0%€1.1mwithin the sector's middle half▲ 5.9%€1.5mwithin the sector's middle half▲ 40.4%€1.2mwithin the sector's middle half▼ 18.4%€1.2mwithin the sector's middle half▼ 0.3%
Debt€0.9m-€0.6m▼ 32.2%€0.7m▲ 12.9%€0.9m▲ 36.1%€1.0m▲ 6.7%€1.4m▲ 48.1%€1.2m▼ 17.2%€0.9m▼ 20.8%
Working capital€0.03m-€0.05m▲ 83.8%€0.1mwithin the sector's middle half▲ 103%€0.1mwithin the sector's middle half▲ 8.3%€0.1mwithin the sector's middle half▼ 8.3%€0.08mwithin the sector's middle half▼ 20.7%€0.009mbelow the sector's middle half▼ 88.5%€0.2mwithin the sector's middle half▲ 26×
Solvency10.5%-12.7%▲ 2.1pp15.4%below the sector's middle half▲ 2.7pp11.4%below the sector's middle half▼ 4.0pp10.8%below the sector's middle half▼ 0.6pp5.9%below the sector's middle half▼ 4.9pp4.5%below the sector's middle half▼ 1.3pp24.1%within the sector's middle half▲ 19.6pp
Current ratio1.03-1.08▲ 0.051.15within the sector's middle half▲ 0.061.12below the sector's middle half▼ 0.031.10below the sector's middle half▼ 0.021.05below the sector's middle half▼ 0.051.01below the sector's middle half▼ 0.051.25within the sector's middle half▲ 0.25
Return on assets (ROA)16.1%-5.8%▼ 10.3pp15.6%above the sector's middle half▲ 9.8pp13.9%above the sector's middle half▼ 1.7pp7.3%within the sector's middle half▼ 6.6pp4.4%within the sector's middle half▼ 2.9pp12.2%above the sector's middle half▲ 7.7pp19.6%above the sector's middle half▲ 7.4pp
Staff (FTE)1.5below the sector's middle half1.5below the sector's middle half=3.2below the sector's middle half▲ 113%2.5below the sector's middle half▼ 21.9%1.7below the sector's middle half▼ 32.0%2.2within the sector's middle half▲ 29.4%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €97,498 ▼ 14.1%
Current assets €1.1m ▲ 1.1%
Equity and liabilities €1.2m
Equity €294,772 ▲ 429%
Debt €926,302 ▼ 20.8%
Debt's share of the balance-sheet total falls from 95.5% to 75.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€358,978▲
2024 · €217,675
Cash flow
€267,413▲
2024 · €162,451
Debt to equity
3.14▼
2024 · 20.99
ROE
81.1%▼
2024 · 267.4%
Interest coverage
38.93▼
2024 · 87.99
Debt ≤ 1 year
€895,847▼
2024 · €1.1m
Debt > 1 year
€28,424▼
2024 · €66,418
Income taxes
€85,985▲
2024 · €53,384
Staff costs
€115,972▲
2024 · €47,491
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
95.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,053 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 · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.2m▼
Fixed assets21/28€0.1m€0.1m▼
Tangible fixed assets22/27€0.1m€0.1m▼
Plant, machinery and equipment23€0.008m€0.006m▼
Furniture and vehicles24€0.04m€0.05m▲
Leasing and similar rights25€0.06m€0.04m▼
Financial fixed assets28€250€250=
Current assets29/58€1.1m€1.1m▲
Amounts receivable within one year40/41€0.9m€0.9m▼
Trade receivables40€0.9m€0.9m▼
Other amounts receivable41€0.04m€0.02m▼
Cash at bank and in hand54/58€0.2m€0.2m▲
Deferred charges and accrued income490/1€0.008m€0.03m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▼
Equity10/15€0.06m€0.3m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.04m€0.04m=
Tax-exempt reserves132€0.04m€0.04m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.2m€0.9m▼
Amounts payable after more than one year17€0.07m€0.03m▼
Financial debts170/4€0.07m€0.03m▼
Amounts payable within one year42/48€1.1m€0.9m▼
Current portion of amounts payable after more than one year42€0.03m€0.04m▲
Financial debts43-€0.1m
Credit institutions430/8-€0.1m
Trade debts44€0.8m€0.6m▼
Suppliers440/4€0.8m€0.6m▼
Taxes, remuneration and social security45€0.08m€0.2m▲
Taxes450/3€0.08m€0.1m▲
Remuneration and social security454/9€0.004m€0.02m▲
Other amounts payable47/48€0.2m€0.002m▼
Accrued charges and deferred income492/3€111€0.002m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.05m€0.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.03m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.1m€0.1m▼
Other operating charges640/8€0.02m€0.01m▼
Gross operating margin9900€0.4m€0.6m▲
Operating profit (loss)9901€0.2m€0.3m▲
Financial income75/76B€0.001m€0.004m▲
Recurring financial income75€0.001m€0.004m▲
Financial charges65/66B€0.002m€0.009m▲
Recurring financial charges65€0.002m€0.009m▲
Profit (loss) for the period before taxes9903€0.2m€0.3m▲
Income taxes67/77€0.05m€0.09m▲
Profit (loss) for the period9904€0.1m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.1m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.03m-
Profit to be distributed694/7€0.2m-
Return on contributions (dividend)694€0.2m-
Social balance sheet
Average headcount (FTE)90871.72.2▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€330-----
Remuneration, social security and pensions62---€53,146€105,296€91,837€47,491€115,972▲ 144%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,642€26,985€17,335€9,671€11,077€1,838€13,514€28,346▲ 110%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€28,837€26,760-€128,084€107,496▼ 16.1%
Other operating charges640/8---€4,985€3,612€16,935€18,444€14,440▼ 21.7%
Non-recurring operating charges66A---€5,195-----
Gross operating margin9900€326,346€149,004€211,052€210,745€264,587€193,375€411,693€596,885▲ 45.0%
Operating profit (loss)9901€219,839€54,204€143,139€166,586€117,843€82,765€204,161€330,631▲ 61.9%
Financial income75/76B---€6,641€1,071€6,510€634€3,642▲ 475%
Recurring financial income75€208€17€64€6,641€1,071€6,510€634€3,642▲ 475%
Financial charges65/66B---€2,554€5,697€1,118€2,474€9,222▲ 273%
Recurring financial charges65€15,705€4,915€5,905€2,554€5,697€1,118€2,474€9,222▲ 273%
Profit (loss) for the period before taxes9903€204,343€49,306€137,298€170,672€113,217€88,156€202,321€325,052▲ 60.7%
Income taxes67/77€50,159€10,647€16,292€30,810€35,201€21,647€53,384€85,985▲ 61.1%
Profit (loss) for the period9904€154,184€38,659€121,006€139,862€78,017€66,509€148,937€239,067▲ 60.5%
Profit (loss) for the period to be appropriated9905€154,184€38,659€121,006€139,862€78,017€66,509€148,937€239,067▲ 60.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€0.7m€0.8m€1.0m€1.1m€1.5m€1.2m€1.2m▼ 0.3%
Fixed assets21/28€0.08m€0.05m€0.03m€0.01m€0.02m€0.01m€0.1m€0.1m▼ 14.1%
Tangible fixed assets22/27€0.08m€0.05m€0.03m€0.01m€0.02m€0.01m€0.1m€0.1m▼ 14.1%
Plant, machinery and equipment23---€0.002m-€0.01m€0.008m€0.006m▼ 31.4%
Furniture and vehicles24---€0.007m€0.02m€0.001m€0.04m€0.05m▲ 24.0%
Leasing and similar rights25------€0.06m€0.04m▼ 37.2%
Other tangible fixed assets26---€0.001m-----
Financial fixed assets28€250€250€250€250€250€250€250€250=
Current assets29/58€0.9m€0.6m€0.8m€1.0m€1.0m€1.5m€1.1m€1.1m▲ 1.1%
Amounts receivable within one year40/41€0.7m€0.5m€0.6m€0.6m€0.8m€1.0m€0.9m€0.9m▼ 2.4%
Trade receivables40---€0.6m€0.8m€1.0m€0.9m€0.9m▼ 0.9%
Other amounts receivable41---€0.01m€0.03m€0.05m€0.04m€0.02m▼ 39.0%
Cash at bank and in hand54/58€0.2m€0.07m€0.1m€0.4m€0.2m€0.5m€0.2m€0.2m▲ 7.0%
Deferred charges and accrued income490/1---€0.004m€0.03m€0.008m€0.008m€0.03m▲ 254%
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.7m€0.8m€1.0m€1.1m€1.5m€1.2m€1.2m▼ 0.3%
Equity10/15€0.1m€0.08m€0.1m€0.1m€0.1m€0.09m€0.06m€0.3m▲ 429%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Non-distributable reserves130/1---€0.002m€0.002m----
Reserves not available under the articles1311---€0.002m€0.002m----
Tax-exempt reserves132---€0.04m€0.04m€0.04m€0.04m€0.04m=
Distributable reserves133-----€0.002m€0.002m€0.002m=
Profit (loss) carried forward14€0.05m€0.03m€0.06m€0.06m€0.06m€0.03m-€0.2m-
Amounts payable17/49€0.9m€0.6m€0.7m€0.9m€1.0m€1.4m€1.2m€0.9m▼ 20.8%
Amounts payable after more than one year17€0.008m€0.01m€0.003m---€0.07m€0.03m▼ 57.2%
Financial debts170/4------€0.07m€0.03m▼ 57.2%
Amounts payable within one year42/48€0.8m€0.6m€0.7m€0.9m€1.0m€1.4m€1.1m€0.9m▼ 18.8%
Current portion of amounts payable after more than one year42---€0.003m--€0.03m€0.04m▲ 25.0%
Financial debts43-------€0.1m-
Credit institutions430/8-------€0.1m-
Trade debts44€0.6m€0.4m€0.5m€0.7m€0.8m€1.3m€0.8m€0.6m▼ 26.5%
Suppliers440/4---€0.7m€0.8m€1.3m€0.8m€0.6m▼ 26.5%
Taxes, remuneration and social security45---€0.07m€0.09m€0.05m€0.08m€0.2m▲ 98.1%
Taxes450/3---€0.05m€0.07m€0.03m€0.08m€0.1m▲ 85.1%
Remuneration and social security454/9---€0.02m€0.02m€0.02m€0.004m€0.02m▲ 355%
Other amounts payable47/48---€0.1m€0.09m€0.1m€0.2m€0.002m▼ 98.9%
Accrued charges and deferred income492/3-----€130€111€0.002m▲ 18×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€154,184€38,659€121,006€139,862€78,017€66,509€148,937€239,067▲ 60.5%
+ Depreciation and write-downs630€35,642€26,985€17,335€9,671€11,077€1,838€13,514€28,346▲ 110%
Operating cash flow (approximation)€189,826€65,645€138,341€149,533€89,093€68,347€162,451€267,413▲ 64.6%
Investment in fixed assets (approximation)-€4,918€8,801€5,385-€19,821€5,391-€115,215-€12,388▲ 89.2%
Change in cash--€132,272€58,150€246,321-€168,013€262,811-€271,600€13,653-

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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Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 02-07-2026 2026-00241819
31-12-2024 full format 27-06-2025 2025-00192126
31-12-2023 full format 28-06-2024 2024-00191777
31-12-2022 full format 09-06-2023 2023-00120450
31-12-2021 full format 24-06-2022 2022-20097443
31-12-2020 full format 22-06-2021 2021-23000205
31-12-2019 micro format 29-06-2020 2020-22800056
31-12-2018 micro format 18-06-2019 2019-20000439
31-12-2017 micro format 15-06-2018 2018-19200468
31-12-2016 micro format 29-06-2017 2017-23500375

Show all 16 filings

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,447. 5,404 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €2,812 awarded · €2,812 paid
Year Entries AwardedPaid
2024 1 €1,534€1,534
2023 1 €1,278€1,278
Schemes
2 entries · €2,812 · €2,812 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2025
FERREIRA Rui Paulino
Director · since 12-02-2025
Current
DA SILVA COSTA José
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
15 of this company's 17 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DA SILVA COSTA José
  • Manager, until 18-10-2023
  • Director (not named in the articles), since before 18-10-2023
FERREIRA Rui Paulino
  • Director, from 12-02-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 18-10-2023 Converted to unavailable equity

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 29 July 2009, CONSTRUART was incorporated.1 Total assets went from €959,236 in 2018 to €1.2m in 2025 and headcount from 1.5 full-time equivalents in 2020 to 2.2 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Highest result from 2018 to 2025net €239,067 ▲60.5%
Operating result €330,631, net result €239,067, both a record.
31-12
Financial Equity above €200,000equity €294,772 ▲429%
A profit in every financial year since 2018 builds equity to €294,772.
27-06
NBB filing Annual accounts filed
financial year 2024 · full format
12-02
Gazette deed Appointment: FERREIRA Rui Paulino (director)
1 fact ▸
  • Director appointment, FERREIRA Rui Paulino (director)
2024
28-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
18-10
Gazette deed Resignation: DA SILVA COSTA José (manager)
Reappointment: DA SILVA COSTA José (director) · Capital · Purpose change10 facts ▸
  • Capital
  • General meeting, 28-09-2023
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen en rechtsvorm besloten vennootschap (BV) behouden” (deed in Dutch)
  • Other provision, “verslag doelwijziging, verslag Raad van Bestuur met gedetailleerde motivering voorgestelde wijziging maatschappelijk doel” (deed in Dutch)
  • Purpose change
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “vormen en meerderheden van statutenwijziging, opheffen statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor uitkering” (deed in Dutch)
  • Amendment of the articles
  • Director resignation, DA SILVA COSTA José (manager)
  • Director reappointment, DA SILVA COSTA José (director (not named in the articles))
09-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
24-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
22-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Equity above €100,000equity €119,406 ▲41.5%
A profit in every financial year since 2018 builds equity to €119,406.
29-06
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
31-12
Financial Weakest financial yearnet €38,659 ▼74.9%
Net result drops to €38,659, the lowest in the series; recovery starts the following year.
18-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
15-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
29-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
2 of 17 deeds read
About the unread acts

Of the 17 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 15 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded29-07-2009
Financial year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities
43120Site preparation
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Contact
E-mail rh@construart.beKraainem
Phone 024601424Kraainem
E-invoicing
Reachable via Peppol
Peppol ID 0208:0821390852
Also 9925:BE0821390852
Registered 03-12-2025

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

Register as of 29 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0821.390.852

Recognitions · licences · registrations

Recognised contractor

10 categories
CONSTRUART BVapproval no. 41519
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
  • D10 Tilingclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
  • D13 Paintingclass 1, up to €162,000
  • D14 Glazingclass 1, up to €162,000
  • D15 Parquet flooringclass 1, up to €162,000
Show all 10 categories
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D25 Wall and floor coverings other than marble, parquet and tilesclass 1, up to €162,000
decision 06-09-2021

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kraainem · 2 establishment units since 2009
registered office establishment All 2 establishment units on the map
Ground area
7,316 m²
Building footprint
1,756 m²
Building volume
14,926 m³
2 parcels, Flanders · tallest building 12.4 m. Linked by address, not a title deed.
2 establishment units
Jozef Van Hovestraat 28, 1950 Kraainem
Civil engineering
since 2009unit no. 2.183.318.461
Excelsiorlaan 16, 1930 Zaventem
Construction of roads and motorways
since 2020unit no. 2.306.661.087
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23094D0045/00K002 Flanders 7,182 m² 1 · 1,687 m² 12.4 m · 3
22002A0007/00R003 Flanders 133 m² 1 · 69 m² 11.2 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Elektrotechnisch installateur: Bouw van elektriciteit,fabricage van alarm- en beveiligingsapparatuur,apparatuur die wordt gebruikt in een…” (deed in Dutch)
34 activities (deed in Dutch)
  1. Elektrotechnisch installateur: Bouw van elektriciteit,fabricage van alarm- en beveiligingsapparatuur,apparatuur die wordt gebruikt in een alarm- of beveiligingssysteem (inclusief installatie).
  2. Elektrische aansluiting van apparaten zoals wasmachines,vaatwassers en warmwateropslagapparaten,installatie van keukens.
  3. Plafond- en cementwerk,het voorbereiden en leggen van dekvloeren en stucwerk en stafwerk.
  4. Het opnieuw voegen en reinigen van gevels,stoomreiniging,zandstralen en soortgelijke werkzaamheden aan de buitenkant van gebouwen,het leggen van gyprocplaten,het plaatsen van gipsplaten.
  5. Aannemer van metselwerk en beton.
  6. Steenhouwer,bouw van sierschouwen,open haarden,gewelven en grafmonumenten.
  7. Aannemer marmer
  8. Aannemer van tegelwerk
  9. Stoffeerder en vloer- en wandbekledingsinstallateur,vervaardiging,installatie of reparatie van alle soorten hout-,wand- en vloerbekleding.
  10. Aannemer voor het waterdicht maken van gebouwen,het aanbrengen in gebouwen of andere bouwprojecten van thermische isolatiematerialen,akoestische isolatiematerialen en antitrillingsmaterialen.
  11. Waterdicht maken en verstevigen door injectie met actieve harsbindmiddelen.
  12. Verwarmings- en pleisterwerkzaamheden,afwatering van gebouwen.
  13. Installateur van centrale verwarming,fabricage,installatie,onderhoud en reparatie van warmtepompen,inclusief zonneverwarming,installatie,onderhoud en reparatie van alle branders (centrale verwarming),installatie van zonnepanelen,installatie van ventilatie en beluchting,
  14. Heteluchtverwarming,airconditioning,industriële koeling,elektromedische apparatuur en industriële leidingen.
  15. Loodgieterswerk en sanitaire installaties,rioleringswerk,installatie waterontharder,water- en gasdistributie,loodgieterswerk en sanitaire installaties voor transportmiddelen.
  16. Leggen van kabels en diverse leidingen.
  17. Installateur van gasverwarming met behulp van individuele toestellen,loodgieterswerkzaamheden uitgevoerd tijdens de installatie en/of aansluiting van keuken- of verwarmingstoestellen zoals convectoren,boilers en gasfornuizen.
  18. Aannemer van metalen dakbedekking en zinken dakbedekking,speciale werkplaats in de metaalverwerkende industrie,installatie van sloten en hang- en sluitwerk,bouw van demonteerbare paviljoenen en niet-metalen barakken.
  19. Installatie van ijzerwerk,luiken en metalen schrijnwerk.
  20. Aannemer van dakbedekking voor niet-metalen gebouwen,installatie van kunststof deuren en plinten,installatie van traliewerk,oproolbare en roldeuren,buitenzonwering (inclusief werkplaatswerk),bekleding van PVC kroonlijsten.
  21. Schrijnwerker,timmerman,alle schrijnwerk,alle hout- en kunststofschrijnwerk,het vervaardigen,plaatsen of herstellen van houten of kunststof luiken,het plaatsen van houten scheidingswanden en valse plafonds.
  22. Plaatsen van houten,PVC of aluminium kozijnen.
  23. Aannemer van sloopwerken,grondwerken,wegenwerken,plaatsen van verkeersborden en wegmarkeringen.
  24. Aanleg van speelplaatsen,sportterreinen,parken en tuinen,inclusief beplantingswerkzaamheden.
  25. Installeren,opbouwen en afbreken van steigers en werkplatforms.
  26. Boren,peilen en laten zinken van putten,draineerwerkzaamheden.
  27. Schoonmaken en ontsmetten van huizen en lokalen,meubels,meubilair,diverse voorwerpen.
  28. Mos verwijderen van daken.
  29. Plaatsen van daken
  30. Alle werkzaamheden die direct of indirect verband houden met glazenwassen in de ruimste zin van het woord.
  31. Alle metselwerkzaamheden in de ruimste zin van het woord.
  32. Alle activiteiten die verband houden met administratieve diensten en terreinbeheer.
  33. Alle algemene transport-,hef- en verhuisactiviteiten in de breedste zin van het woord.
  34. Alle soorten verhuur van voertuigen en verhuur van machines en gereedschap in de breedste zin van het woord.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CONSTRUART
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…” (deed in Dutch)

deed of 18-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
“Algemene kosten, algemene vergadering” (deed in Dutch)

deed of 18-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), elke overdracht onder levenden zowel ten…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte van nieuwe aandelen, opening intekening met voorkeurrecht en tijdvak bepaald door orgaan dat overgaat tot…” (deed in Dutch)

deed of 18-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 11:00

deed of 18-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding op elk moment door algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als…” (deed in Dutch)

deed of 18-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, houder effecten op naam ingeschreven in register effecten op naam voor zijn categorie” (deed in Dutch)
Other provision: “Zittingen–processen-verbaal, register bewaard op zetel” (deed in Dutch)
Other provision: “Beraadslagingen, meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten behoudens wet of statuten” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Elk aandeel gelijk aandeel in winstverdeling, bestemming winst-reserves” (deed in Dutch)
Other provision: “In buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar,obligatiehouder, uitvoering…” (deed in Dutch)
Other provision: “Bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven;strijdige clausules geacht niet geschreven, gemeen recht” (deed in Dutch)
3 more provisions in the deed, see the deed of 18-10-2023

deed of 18-10-2023