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CONSTRUCT CR

Active
Private limited companyfounded 2023active for 3 yearsNerviërsstraat 49, 1730 Asse, Belgium42 active companies are registered at this addressKBO/BCE: BE 0797.130.558
Summary

The computed 12-month bankruptcy probability of CONSTRUCT CR is 3.4% (moderate). The 2024 annual accounts show equity of €76,448 and a net result of €71,448. Its solvency ranks better than 54% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

Turnover
€2.2m
EBIT margin
4.1%
Net result
€71,448
Working capital
€67,925
Balance-sheet composition
Assets €152,860
Fixed assets €8,524
Current assets €144,337
Equity and liabilities €152,860
Equity €76,448
Debt €76,412
Debt finances 50.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€92,253
Cash flow
€74,051
Current ratio
1.89
Debt to equity
1.00
ROE
93.5%
ROA
46.7%
Interest coverage
over 100
Debt ≤ 1 year
€76,412
Income taxes
€18,000

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are 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
95.8% still going

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

For this company itself Checked computes a higher bankruptcy probability: 3.4% 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 497,472 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% 1.0%
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 39,278 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€0.2m
Fixed assets21/28€0.009m
Tangible fixed assets22/27€0.009m
Furniture and vehicles24€0.009m
Current assets29/58€0.1m
Amounts receivable within one year40/41€0.1m
Trade receivables40€0.1m
Other amounts receivable41€0.03m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€0.2m
Equity10/15€0.08m
Contributions10/11€0.005m
Contributions outside capital11€0.005m
Other1109/19€0.005m
Profit (loss) carried forward14€0.07m
Amounts payable17/49€0.08m
Amounts payable within one year42/48€0.08m
Trade debts44€0.06m
Suppliers440/4€0.06m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€0.003m
Income statement Code2024
Turnover70€2.2m
Goods, raw materials, services and sundry goods60/61€2.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m
Other operating charges640/8€0.003m
Gross operating margin9900€0.09m
Operating profit (loss)9901€0.09m
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€253
Recurring financial charges65€253
Profit (loss) for the period before taxes9903€0.09m
Income taxes67/77€0.02m
Profit (loss) for the period9904€0.07m
Profit (loss) for the period to be appropriated9905€0.07m
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€2.2m
Goods, raw materials, services and sundry goods60/61€2.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m
Other operating charges640/8€0.003m
Gross operating margin9900€0.09m
Operating profit (loss)9901€0.09m
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€253
Recurring financial charges65€253
Profit (loss) for the period before taxes9903€0.09m
Income taxes67/77€0.02m
Profit (loss) for the period9904€0.07m
Profit (loss) for the period to be appropriated9905€0.07m
Line2024
Assets
Total assets20/58€152,860
Fixed assets21/28€8,524
Tangible fixed assets22/27€8,524
Furniture and vehicles24€8,524
Current assets29/58€144,337
Amounts receivable within one year40/41€128,373
Trade receivables40€102,523
Other amounts receivable41€25,850
Cash at bank and in hand54/58€15,963
Equity and liabilities
Total equity and liabilities10/49€152,860
Equity10/15€76,448
Contributions10/11€5,000
Contributions outside capital11€5,000
Other1109/19€5,000
Profit (loss) carried forward14€71,448
Amounts payable17/49€76,412
Amounts payable within one year42/48€76,412
Trade debts44€55,582
Suppliers440/4€55,582
Taxes, remuneration and social security45€18,000
Taxes450/3€18,000
Other amounts payable47/48€2,830
Line2024
Profit (loss) for the period9904€71,448
+ Depreciation and write-downs630€2,603
Operating cash flow (approximation)€74,051

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 01-07-2025 2025-00222668

Similar companies · same sector, comparable size

Of the 15,151 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 6,198 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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