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Construclass

Active
Private limited companyfounded 20223 yrs activeMechelsesteenweg 159, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0792.522.761
Summary

The computed 12-month bankruptcy probability of Construclass is 5.1% (elevated). The 2024 annual accounts show negative equity (-€88) and a net result of -€828. Equity is shrinking by ~134.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 9976 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency21▼-27
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Age of the figures
Age of the figures
21 mo
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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€88
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 28-06-2025, 33 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
33 d early
2023
37 d early
2022
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Construclass was incorporated on 17 October 2022 as a Private limited company.1 Total assets fell from EUR 3,000 in 2022 to EUR 2,110 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€88
2023 · €740
Total assets
€2,110▼ 35.5%
2023 · €3,273
Net result
-€828▲ 28.9%
2023 · -€1,166
Working capital
€299▼ 59.6%
2023 · €740
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
Line202220232024
Operating result-€1,094--€1,141▼ 4.3%-€786▲ 31.1%
Net result-€1,094--€1,166▼ 6.5%-€828▲ 28.9%
Equity€1,906-€740▼ 61.2%-€88
Total assets€3,000-€3,273▲ 9.1%€2,110▼ 35.5%
Debt€1,094-€2,533▲ 131%€2,198▼ 13.2%
Working capital€2,985-€740▼ 75.2%€299▼ 59.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2022: -€1,094-€1,094Net result 2022: -€1,094-€1,094Operating result 2023: -€1,141-€1,141Net result 2023: -€1,166-€1,166Operating result 2024: -€786-€786Net result 2024: -€828-€828202220232024-€1,500-€1,000-€500€0Operating result 2022: -€1,094-€1,090Net result 2022: -€1,094-€1,090Operating result 2023: -€1,141-€1,140Net result 2023: -€1,166-€1,170Operating result 2024: -€786-€786Net result 2024: -€828-€828202220232024
The operating result stays negative: a loss of €786 in 2024 against €1,141 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€1,811▼
2023 · €2,533
Ratios withheld: a balance sheet total of €2,110 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,273€2,110▼
Current assets29/58€3,273€2,110▼
Amounts receivable within one year40/41€844€888▲
Other amounts receivable41€844€888▲
Cash at bank and in hand54/58€2,429€1,222▼
Equity and liabilities
Total equity and liabilities10/49€3,273€2,110▼
Equity10/15€740-€88▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€2,260-€3,088▼
Amounts payable17/49€2,533€2,198▼
Amounts payable within one year42/48€2,533€1,811▼
Trade debts44€723-
Suppliers440/4€723-
Other amounts payable47/48€1,811€1,811=
Accrued charges and deferred income492/3-€387
Income statement Code20232024
Other operating charges640/8-€125
Gross operating margin9900-€1,141-€661▲
Operating profit (loss)9901-€1,141-€786▲
Financial charges65/66B€25€42▲
Recurring financial charges65€25€42▲
Profit (loss) for the period before taxes9903-€1,166-€828▲
Profit (loss) for the period9904-€1,166-€828▲
Profit (loss) for the period to be appropriated9905-€1,166-€828▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,260-€3,088▼
Profit (loss) brought forward from the previous period14P-€1,094-€2,260▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,079---
Other operating charges640/8--€125-
Gross operating margin9900-€15-€1,141-€661▲ 42.1%
Operating profit (loss)9901-€1,094-€1,141-€786▲ 31.1%
Financial charges65/66B-€25€42▲ 70.5%
Recurring financial charges65-€25€42▲ 70.5%
Profit (loss) for the period before taxes9903-€1,094-€1,166-€828▲ 28.9%
Profit (loss) for the period9904-€1,094-€1,166-€828▲ 28.9%
Profit (loss) for the period to be appropriated9905-€1,094-€1,166-€828▲ 28.9%
Line202220232024Change
Assets
Total assets20/58€3,000€3,273€2,110▼ 35.5%
Current assets29/58€3,000€3,273€2,110▼ 35.5%
Amounts receivable within one year40/41-€844€888▲ 5.2%
Other amounts receivable41-€844€888▲ 5.2%
Cash at bank and in hand54/58€3,000€2,429€1,222▼ 49.7%
Equity and liabilities
Total equity and liabilities10/49€3,000€3,273€2,110▼ 35.5%
Equity10/15€1,906€740-€88▼ 112%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14-€1,094-€2,260-€3,088▼ 36.6%
Amounts payable17/49€1,094€2,533€2,198▼ 13.2%
Amounts payable within one year42/48€15€2,533€1,811▼ 28.5%
Financial debts43€15---
Other loans439€15---
Trade debts44-€723--
Suppliers440/4-€723--
Other amounts payable47/48-€1,811€1,811=
Accrued charges and deferred income492/3€1,079-€387-
Line202220232024Change
Profit (loss) for the period9904-€1,094-€1,166-€828▲ 28.9%
+ Depreciation and write-downs630€1,079---
Operating cash flow (approximation)-€15-€1,166-€828▲ 28.9%
Change in cash--€571-€1,207▼ 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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Timeline · acts, filings and financial milestones

2025
28-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€1,166
Net result drops to -€1,166, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
90 m²
Building footprint
90 m²
Volume, LiDAR
601 m³
Parcel 23643E0025/00E002, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Construclass
Mechelsesteenweg 159, 1800 VilvoordeReal estate development
since 20232.340.235.064
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643E0025/00E002 Flanders 90 m² 1 · 90 m² 12.2 m · 2 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.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 1,425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43310Plastering work
43341Painting of buildings
43410Roofing work
74120Graphic design and visual communication

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