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CONSTRUCT

Active
Private limited companyfounded 2012active for 14 yearsGentsesteenweg 1299, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0847.767.627
Summary

The computed 12-month bankruptcy probability of CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €276,677 and a net result of -€27,568. Equity has been stable since 2018 (±0.9% per year). Its solvency ranks better than 23% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-08-2012 Normal situation
Registered office
13 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
General construction of residential buildings NACE 41001and 7 others
Joint committee
323 Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden · annual accounts 2025
Establishment unit
2.213.804.571 1082 Sint-Agatha-Berchem, since 01-08-2012
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
  • BELHOPRO NVDirector

Financial position

61 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€76,341
▼ 62.8%
Turnover
≈ €400,000
estimated
Loss
€27,568
Equity
€276,677
▼ 9.1%
Total assets
€1.7m
▼ 24.8%
Employees on 31-12-2025
2
=
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.19, cash €16,339lowers riskSize: total assets €1.7mShow the evidence

Checked score

Score 2025
61 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 18% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 41+3
equity 16.3% of total assets
Liquidity 5+2
short-term debt 83.7% · cash 1.0%
Profitability 17-16
return on assets -1.6%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.2 percentage points vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%▲ +0.1 percentage points vs 04-2025 06-2025: 1.8%▲ +0.4 percentage points vs 05-2025 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 2.3%▲ +0.4 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 3.3%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 1.4%▼ -1.9 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.5%▲ +0.1 percentage points vs 04-2026 06-2026: 1.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.5 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 1.5%▼ -0.9 percentage points vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (1.15 in 2024), below the usual 1.5. Short-term debt is 83.7% and cash 1% of total assets. 83.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 41, micro). It does better than 23% of them on solvency, 6% on liquidity, 16% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.19, cash €16,339
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9394 sector peers (2025).
NBB · sector comparison
Position among 9394 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
84 days late
2023
61 days late
2022
31 days late
2021
92 days late
2020
152 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 82 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 1 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €29,145 in 2024 -€27,568 View
  • Caution: Lower net result than 93% of companies in construction of buildingssector median €8,554 · 9,384 companies -€27,568 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsPermanent representative: Jan Becue
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.3m and €2.5m, founded between 2010 and 2013.

CompanyTotal assetsGross margin
CONSTRUCT Sint-Agatha-Berchem€1.7m€0.08m
WONDELGEM Vastgoed Gent€1.8m€0.08m
T.L.N.S Construct Erquelinnes€1.8m€0.07m
PPP DEVELOPMENT Schaarbeek€2.5m€0.08m
A&F Elsene€1.3m€0.05m
DORU BUCOVINA Jette€1.4m€0.1m
IRK GROUP Elsene€1.5m€0.1m
Full comparison

Key facts about CONSTRUCT

What is the company number of CONSTRUCT?
The company number of CONSTRUCT is 0847.767.627. The VAT number is the same number with BE in front: BE 0847.767.627.
Where is CONSTRUCT based?
The registered office is at Gentsesteenweg 1299, 1082 Sint-Agatha-Berchem.Company details
What does CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of CONSTRUCT?
The legal form of CONSTRUCT is Private limited company (BV).
When was CONSTRUCT founded?
CONSTRUCT was founded on 01-08-2012.
Is CONSTRUCT still active?
Yes, CONSTRUCT is an active enterprise in the KBO register.
How many employees does CONSTRUCT have?
CONSTRUCT had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does CONSTRUCT fall under?
In its 2025 annual accounts, CONSTRUCT states joint committee 323 (Paritair Comité voor het beheer van gebouwen, de vastgoedmakelaars en de dienstboden).
What is the turnover of CONSTRUCT?
The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €76,341 and 107 comparable companies (NACE 41001). It probably lies between €280,000 and €710,000.
Is CONSTRUCT profitable?
In financial year 2025, CONSTRUCT made a loss of €27,568.
Where can I find the annual accounts of CONSTRUCT?
CONSTRUCT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CONSTRUCT due?
CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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