Construct CSE 2 Equilis
The computed 12-month bankruptcy probability of Construct CSE 2 Equilis is 0.9% (low). The 2024 annual accounts show negative equity (€-5k) and a net result of €-33k. Equity is shrinking by ~76.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 776 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-5k |
| Net result | €-33k |
| Better than sector | 25% |
| Active | 4 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -0.1% | 16.5% | |
| Net result | €-33k | €-2k | |
| Equity | €-5k | €136k | |
| Total assets | €5.67M | €1.72M |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-33k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.67M |
| Equity | €-5k |
| Debt | €5.68M |
| of which ≤ 1y | €153k |
| of which > 1y | €5.53M |
| Working capital | €5.52M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 37.20 |
| Quick ratio | 1.05 |
| Working capital ratio | 97.3% |
| Solvency | -0.1% |
| Debt / equity | -1134.66 |
| Long-term debt ratio | -1104.18 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -0.6% |
| ROE | 664.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.67M |
| Current assets | 29/58 | €5.67M |
| Stocks & contracts in progress | 3 | €5.51M |
| Amounts receivable within one year | 40/41 | €128k |
| Cash & bank | 54/58 | €33k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.67M |
| Equity | 10/15 | €-5k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-67k |
| Amounts payable | 17/49 | €5.68M |
| Amounts payable after one year | 17 | €5.53M |
| Amounts payable within one year | 42/48 | €153k |
| Trade debts payable within one year | 44 | €153k |
| Income statement | ||
| Operating result | 9901 | €-33k |
| Financial charges | 65 | €616 |
| Result before taxes | 9903 | €-33k |
| Net result for the period | 9904 | €-33k |
| Result to be appropriated | 9905 | €-33k |
-
Current22-01-2025 → present
2 events
- 22-01-2025 Appointed· Director
- 22-01-2025 Appointed· Managing director
Former directors (3)
-
Meeùs & Parmentier PropertiesLegal entityDirector· perm. rep.: Luc ParmentierState Gazette act 23014089 (27-01-2023)Former27-01-2023 → 11-12-2024
2 events
- 11-12-2024 Resigned· Managing director
- 27-01-2023 Appointed· Director
-
F.O.A Management sriLegal entityDirector· perm. rep.: Nadia VranckenState Gazette act 22114241 (26-09-2022)Former- → 26-09-2022
-
F.O.A. Management srlLegal entityManaging director· perm. rep.: Nadia VranckenState Gazette act 22114241 (26-09-2022)Former- → 26-09-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| RSM InterAudit SACurrent Statutory auditor · represented by Vincent Thyrion |
- | 03-04-2025 → present |
| NACE primary | Real estate activities(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 01-09-2021 |
| Status | Active |
| Postal code | 1410 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-04-2026 Act object · General meeting · Officer resignation · Officer discharge
- Filing: 2026-03-23 · CONSTRUCT CSE 2 EQUILIS
- Publication: 2026-04-02 · CONSTRUCT CSE 2 EQUILIS
- Act object: DEMISSION ET NOMINATION D'UN ADMINISTRATEUR · CONSTRUCT CSE 2 EQUILIS
- General meeting: 2026-02-25 · CONSTRUCT CSE 2 EQUILIS
- Officer resignation: 2025-12-22 · ABSolute Consulting SRL
- Officer discharge: 2025-12-22 · ABSolute Consulting SRL
- Officer appointment: 2025-12-22 · KEYSTONE SRL
- Mandate term: 2031 · KEYSTONE SRL
- Mandate compensation: gratuit · KEYSTONE SRL
- Power of attorney: individuellement avec pouvoir de subdélégation · Guillaume Hellebaut
- Power of attorney: individuellement avec pouvoir de subdélégation · Jean-Matthieu Jonet
Technical details
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}29-08-2025 Vincent Thyrion reappointed as statutory auditor
- Vincent Thyrion, Commissaris
Technical details
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}03-04-2025 1 director appointed, 1 reappointed
- Vincent Thyrion, Commissaris
- Vincent Thyrion, Commissaris
Technical details
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}01-04-2025 2 directors appointed, 1 resigning
- Guillaume Beuscart, Bestuurder
- Guillaume Beuscart, Gedelegeerd bestuurder
- Luc Parmentier, Gedelegeerd bestuurder
Technical details
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}27-01-2023 Luc Parmentier appointed as director
- Luc Parmentier, Bestuurder
Technical details
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}26-09-2022 2 resigning
- Nadia Vrancken, Bestuurder
- Nadia Vrancken, Gedelegeerd bestuurder
Technical details
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}03-09-2021 Incorporation of a new SNC
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Construct CSE 2 Equilis |
| AbbreviationFR | CCSE2 |