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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.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€2.2mturnover 2024
Equity
€76,448
Profit
€71,448
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Structure
Accounts 30 days early0 of 3 deeds read
Why 50raises riskFigures for financial year 2024 (filed 03-07-2025)Founded in 2023Size: turnover €2.2m, total assets €152,8601 financial year not filed after the legal deadlineShow the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 75
equity 50.0% of total assets
Liquidity 38
short-term debt 50.0% · cash 10.4%
Profitability 79
return on assets 46.7%
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months 11-2024: 9.5% 12-2024: 9.8%▲ +0.3 percentage points vs 11-2024 01-2025: 10.0%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 10.0%● unchanged vs 01-2025highest value 03-2025: 10.0%● unchanged vs 02-2025highest value 04-2025: 10.0%● unchanged vs 03-2025highest value 05-2025: 3.3%▼ -6.7 percentage points vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 2.0%▼ -1.3 percentage points vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 1.9%▼ -0.1 percentage points vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025lowest value 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 1.9%● unchanged vs 02-2026lowest value 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.5 percentage points vs 07-2026 09-2026: 2.4%▼ -0.1 percentage points vs 08-2026 10-2026: 3.4%▲ +1.0 percentage point vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.89, above the usual 1.5; short-term debt: 50% and cash: 10.4% of total assets), and 50% 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 54% on solvency, 27% on liquidity and 57% on profitability.

The bankruptcy probability was computed on 18-10-2026 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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Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 03-07-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €2.2m, total assets €152,860
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
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 01-07-2025, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 30 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 (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

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.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

CONSTRUCT CR was incorporated on 13 January 2023 as a private limited company.1 The company has filed annual accounts once, for financial year 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
financial year 2024 · micro format
NBB filing
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded13-01-2023
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43310Plastering work
43333Wallpapering and laying of floor and wall coverings in other materials
43342Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797130558
Also 9925:BE0797130558
Registered 08-12-2025

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

Register as of 18 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 0797.130.558

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

Sites & property

Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
419 m²
Building footprint
71 m²
Building volume
578 m³
Parcel 23002F0905/00D016, Flanders · tallest building 10.1 m. Linked by address, not a title deed.
42 companies at this address See who is registered here
1 establishment unit
CONSTRUCT CR (
Nerviërsstraat 49, 1730 AssePlastering work
since 2023unit no. 2.343.675.990
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23002F0905/00D016 Flanders 419 m² 1 · 71 m² 10.1 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.