CONSTRUCT BE
ActiveCONSTRUCT BE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-66k) and a net result of €-78k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
22
/ 100
Critical▼ -26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+34
Solvency43▲+31
Growth48▼-37
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.01 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-6.1%
Return on assets
-7.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€66k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
2 d early
2023
21 d late
2022
32 d early
2021
4 d early
2020
30 d late
2019
53 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.19M▼ 36.9%
2024 · €1.89M
2021: €0
2022: €812k
2023: €2.21M
2024: €1.89M
2021 → 2025
EBIT margin
-5.6%▼ 8.3pp
2024 · 2.7%
2022: 4.0%
2023: 2.0%
2024: 2.7%
2022 → 2025
Net result
€-78k
2024 · €167
2018: €-7k
2019: €324
2020: €-149
2021: €3k
2022: €1k
2023: €938
2024: €167
2018 → 2025
Working capital
€-66k
2024 · €12k
2018: €6k
2019: €7k
2020: €7k
2021: €9k
2022: €13k
2023: €12k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€812k€2.21M▲ 172%€1.89M▼ 14.7%€1.19M▼ 36.9%
Equity€9k-€11k▲ 15.2%€12k▲ 8.8%€12k▲ 1.4%€-66k
Operating result€-30k-€33k€45k▲ 36.4%€50k▲ 12.4%€-67k
Net result€3k-€1k▼ 44.1%€938▼ 33.6%€167▼ 82.2%€-78k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €67k after €50k in 2024, the lowest year so far.
Key figures and ratios
Solvency
-6.1%▼
2024 · 0.6%
Current ratio
0.94▼
2024 · 1.01
Quick ratio
0.78▼
2024 · 0.83
Debt / equity
-17.51
ROE
117.9%▲
2024 · 1.4%
ROA
-7.1%▼
2024 · 0.0%
Debt
€1.16M▼
2024 · €2.08M
Debt ≤ 1 year
€1.16M▼
2024 · €2.08M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.09M€1.09M▼
Current assets29/58€2.09M€1.09M▼
Stocks and contracts in progress3€363k€188k▼
Stocks30/36€363k€188k▼
Amounts receivable within one year40/41€1.65M€901k▼
Trade receivables40€830k-
Other amounts receivable41€822k€901k▲
Cash at bank and in hand54/58€73k€207▼
Equity and liabilities
Total equity and liabilities10/49€2.09M€1.09M▼
Equity10/15€12k€-66k▼
Contributions10/11€6k€6k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14-€-78k
Amounts payable17/49€2.08M€1.16M▼
Amounts payable within one year42/48€2.08M€1.16M▼
Financial debts43€650k-
Credit institutions430/8€650k-
Trade debts44€533k€2k▼
Suppliers440/4€533k€2k▼
Advances received on contracts in progress46€104k-
Taxes, remuneration and social security45€434k€439k▲
Taxes450/3€434k€439k▲
Other amounts payable47/48€354k€714k▲
Accrued charges and deferred income492/3€369-
Income statement
Code20242025
Turnover70€1.89M€1.19M▼
Goods, raw materials, services and sundry goods60/61€1.83M€1.26M▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€52k€-66k▼
Operating profit (loss)9901€50k€-67k▼
Financial income75/76B€13k€17k▲
Recurring financial income75€13k€17k▲
Financial charges65/66B€63k€27k▼
Recurring financial charges65€63k€27k▼
Profit (loss) for the period before taxes9903€167€-78k▼
Profit (loss) for the period9904€167€-78k▼
Profit (loss) for the period to be appropriated9905€167€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€167€-78k▼
Transfer to equity691/2€167-
To other reserves6921€167-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-78k ▼46702%
Net result drops to €-78k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Back to profitnet €324
Net result €324 after one loss-making year.
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 112 days late
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 101 days late
2017
10-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Maasmechelen · 1 establishment unit since 2010
Ground area
9.1 ha
Building footprint
2.0 ha
Volume, LiDAR
180,484 m³
Parcel 73060B0102/00L000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LANDI IMMO BVBA
since 20102.191.312.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060B0102/00L000 | Flanders | 9.1 ha | 1 · 2.0 ha | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
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K.P. INVEST
BE 1003.414.817
Lummen · Eq €12k
Devl’Up
BE 0780.756.265
Schaarbeek · Eq €12k
VERO CONSTRUCT
BE 0801.806.552
Oostkamp · Eq €12k
BUT THINES
BE 0707.924.905
Wavre · Eq €12k
Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 3,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-2010
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.