Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
Of this, €84,174 falls due within a year.
Between 2006 and 2025, 71% of the full-time equivalents disappeared.
Six of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Less equity than 89% of companies in construction of buildings. Sector median €45,544 · 9,459 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 11% of them on solvency, 8% on liquidity, 67% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 3,794 companies had the same profile as CONSTRUCT G.S. has now. Each dot stands for 10 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONSTRUCT G.S. itself: 1.7% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,794 companies, not a prediction for CONSTRUCT G.S.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.75 (0.59 in 2024), below 1. Short-term debt is 83.5% and cash 3.7% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 19 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.
| Company | ||||
|---|---|---|---|---|
| CONSTRUCT G.S. Mouscron | €100,829 | €115,886 | -1.2% | - |
| VGA CONSTRUCT Lens (Hainaut) | €100,521 | €109,737 | 65.8% | - |
| BOUWWERKEN SPITAELS Brakel | €99,193 | €102,058 | 69.4% | - |
| HENRY Libin | €109,815 | €128,365 | 69.6% | - |
| LUPRONA Sint-Katelijne-Waver | €121,650 | €113,009 | 6.4% | - |
| VANDERWEGEN GUY Herent | €124,660 | €104,073 | 47.6% | 2.1 |
| JEFCO Péruwelz | €130,118 | €122,384 | 76.0% | - |
These companies have the same main activity as CONSTRUCT G.S.: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €99,200 and €130,000, founded between 2000 and 2002.
CONSTRUCT G.S. files the micro format. That format states no turnover. The gross margin fell from €213,276 in 2006 to €115,886 in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €270,000 and €590,000.
Higher than 12% of 9,456 companies in 2025.
Higher than 13% of 9,204 companies in 2025.
Higher than 62% of 9,276 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
100,829 | 91,204 | 84,365 | 59,220 | 57,854 | 27,191 | 58,627 | 67,747 | 103,163 | 88,082 | 22,724 | 50,684 | 95,944 | 103,132 | 160,988 | 149,655 | 181,401 | 117,527 | 145,679 | 105,085 | |
21/28 |
37,764 | 47,800 | 55,434 | 7,809 | 7,809 | 8,021 | 24,870 | 41,720 | 61,446 | 82,158 | 12,905 | 20,672 | 32,999 | 48,890 | 66,458 | 56,133 | 70,641 | 67,122 | 40,685 | 29,040 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | |
22/27 |
37,764 | 47,800 | 55,434 | 7,809 | 7,809 | 8,021 | 24,870 | 41,720 | 61,446 | 82,158 | 12,905 | 20,672 | 32,999 | 48,890 | 66,458 | 56,133 | 70,641 | 67,122 | 40,685 | 29,040 | |
22 |
7,809 | 7,809 | 7,809 | 7,809 | 7,809 | 8,021 | 8,870 | 9,719 | 10,568 | 11,417 | 12,266 | 13,115 | 13,964 | 14,813 | 15,662 | 16,511 | 17,360 | 18,209 | 19,058 | 19,980 | |
23 |
17,858 | 13,533 | - | - | - | - | 57 | 114 | 171 | 466 | 639 | 1,203 | 1,573 | 1,508 | 3,120 | 3,532 | 3,878 | 2,683 | 1,306 | 1,770 | |
24 |
12,097 | 26,458 | 47,625 | - | - | - | 15,943 | 31,887 | 50,707 | 70,276 | - | 6,354 | 17,462 | 32,569 | 47,676 | 36,090 | 49,402 | 46,230 | 20,320 | 7,290 | |
29/58 |
63,065 | 43,404 | 28,931 | 51,412 | 50,046 | 19,170 | 33,756 | 26,027 | 41,716 | 5,923 | 9,819 | 30,012 | 62,945 | 54,242 | 94,530 | 93,521 | 110,760 | 50,404 | 104,994 | 76,045 | |
3 |
- | - | - | - | - | 11,800 | 27,912 | - | - | - | - | - | 2,421 | 2,421 | 24,820 | 2,421 | 2,421 | 2,421 | 72,789 | 19,921 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,421 | 2,421 | 24,820 | 2,421 | 2,421 | 2,421 | 72,789 | 19,921 | |
37 |
- | - | - | - | - | 11,800 | 27,912 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
59,350 | 38,556 | 27,598 | 48,535 | 49,953 | 7,370 | 5,845 | 24,190 | 41,716 | 5,847 | 8,152 | 8,607 | 60,524 | 51,822 | 48,031 | 91,101 | 108,339 | 47,984 | 21,057 | 56,124 | |
40 |
58,141 | 26,183 | 22,041 | 43,401 | 48,175 | 5,440 | 2,226 | 23,139 | 36,524 | 3,724 | 8,152 | 8,607 | 59,668 | 50,014 | 45,851 | 91,101 | 102,080 | 42,095 | 13,543 | 46,903 | |
41 |
1,209 | 12,373 | 5,557 | 5,134 | 1,778 | 1,930 | 3,618 | 1,052 | 5,192 | 2,122 | - | - | 857 | 1,808 | 2,180 | - | 6,259 | 5,888 | 7,514 | 9,221 | |
54/58 |
3,715 | 4,848 | 1,333 | 2,876 | 93 | - | - | 1,836 | - | - | 1,592 | 21,405 | - | - | 21,679 | - | - | - | 11,148 | - | |
490/1 |
- | - | - | - | - | - | - | - | - | 77 | 75 | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
100,829 | 91,204 | 84,365 | 59,220 | 57,854 | 27,191 | 58,627 | 67,747 | 103,163 | 88,082 | 22,724 | 50,684 | 95,944 | 103,132 | 160,988 | 149,655 | 181,401 | 117,527 | 145,679 | 105,085 | |
10/15 |
-1,238 | -13,526 | -44,012 | -48,892 | -71,470 | -81,491 | -30,965 | -24,482 | -28,540 | -17,955 | -45,907 | -34,044 | -37,291 | -18,601 | -1,821 | -6,866 | 6,867 | 3,901 | -9,265 | -6,933 | |
10/11 |
17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | 17,360 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | 1,240 | |
13 |
1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,341 | 1,340 | 1,340 | 1,340 | 1,088 | 1,088 | 940 | 282 | 282 | |
130/1 |
1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,341 | 1,340 | 1,340 | 1,340 | 1,088 | 1,088 | 940 | 282 | 282 | |
1311 |
1,340 | 1,340 | 1,340 | 1,340 | 1,340 | 1,340 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-19,939 | -32,227 | -62,713 | -67,592 | -90,170 | -100,191 | -49,666 | -43,183 | -47,241 | -36,655 | -64,607 | -52,745 | -55,991 | -37,302 | -20,521 | -25,314 | -11,581 | -14,399 | -26,907 | -24,575 | |
17/49 |
102,067 | 104,731 | 128,377 | 108,112 | 129,324 | 108,681 | 89,592 | 92,229 | 131,703 | 106,036 | 68,631 | 84,728 | 133,235 | 121,733 | 162,809 | 156,520 | 174,533 | 113,626 | 154,944 | 112,018 | |
17 |
17,894 | 31,604 | 30,165 | - | - | - | 4,775 | 14,205 | 23,479 | 32,599 | - | 2,860 | 9,492 | 15,809 | 28,749 | 18,561 | 28,167 | 21,962 | 16,786 | 13,119 | |
170/4 |
17,894 | 31,604 | 30,165 | - | - | - | 4,775 | 14,205 | 23,479 | 32,599 | - | 2,860 | 9,492 | 15,809 | 28,749 | 18,561 | 28,167 | 21,962 | 16,786 | 13,119 | |
42/48 |
84,174 | 73,127 | 98,212 | 108,112 | 129,324 | 108,681 | 84,817 | 78,023 | 108,224 | 73,437 | 68,631 | 81,868 | 123,743 | 105,924 | 134,060 | 137,959 | 146,366 | 91,664 | 138,158 | 98,899 | |
42 |
13,710 | 12,654 | 7,325 | - | - | 4,775 | 9,431 | 9,274 | 9,120 | 8,968 | 2,860 | 6,632 | 6,317 | 12,940 | 14,649 | 11,536 | 13,794 | 15,533 | 15,760 | 12,588 | |
43 |
4,488 | - | 4,977 | - | 9,976 | 12,641 | 8,107 | - | 10,131 | 12,526 | - | - | 8,478 | 13,694 | - | 11,457 | 943 | 11,670 | - | 2,777 | |
430/8 |
4,488 | - | 4,977 | - | 9,976 | 12,641 | 8,107 | - | 10,131 | 12,526 | - | - | 8,478 | 13,694 | - | 11,457 | 943 | 11,670 | - | 2,777 | |
44 |
35,272 | 7,907 | 8,448 | 28,447 | 32,324 | 23,344 | 27,736 | 26,213 | 42,241 | 16,621 | 27,348 | 51,180 | 85,216 | 61,857 | 91,596 | 91,004 | 59,041 | 45,854 | 98,715 | 63,143 | |
440/4 |
35,272 | 7,907 | 8,448 | 28,447 | 32,324 | 23,344 | 27,736 | 26,213 | 42,241 | 16,621 | 27,348 | 51,180 | 85,216 | 61,857 | 91,596 | 91,004 | 59,041 | 45,854 | 98,715 | 63,143 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 62,000 | - | - | - | |
45 |
14,381 | 12,981 | 22,438 | 30,808 | 24,529 | 22,910 | 15,187 | 13,286 | 23,983 | 14,742 | 21,131 | 5,658 | 21,611 | 15,597 | 25,312 | 21,221 | 7,808 | 13,954 | 19,131 | 15,972 | |
450/3 |
7,504 | 7,415 | 15,768 | 10,791 | 5,185 | 13,058 | 4,614 | 5,116 | 5,595 | 6,980 | 10,266 | 1,657 | 3,703 | 4,411 | 282 | 11,437 | 3,984 | 9,793 | 6,604 | 6,043 | |
454/9 |
6,877 | 5,566 | 6,670 | 20,017 | 19,344 | 9,852 | 10,573 | 8,170 | 18,387 | 7,762 | 10,865 | 4,001 | 17,908 | 11,187 | 25,030 | 9,784 | 3,824 | 4,161 | 12,527 | 9,929 | |
47/48 |
16,323 | 39,585 | 55,024 | 48,858 | 62,495 | 45,012 | 24,356 | 29,251 | 22,750 | 20,581 | 17,292 | 18,398 | 2,121 | 1,836 | 2,504 | 2,741 | 2,780 | 4,653 | 4,552 | 4,419 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 616,055 | 541,763 | 566,668 | |
76A |
- | - | 2,500 | - | - | - | - | - | - | - | - | 604 | - | 131 | 201 | 5,162 | 1,995 | 5,533 | 2,604 | 0 | |
9900 |
115,886 | 108,405 | 90,094 | 125,452 | 87,201 | 57,758 | 104,769 | 122,668 | 110,429 | 109,774 | 89,934 | 98,478 | 112,222 | 140,409 | 163,716 | 144,970 | 145,424 | 188,377 | 183,726 | 213,276 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 427,678 | 358,037 | 353,392 | |
62 |
64,486 | 42,829 | 56,091 | 94,430 | 70,151 | 80,254 | 88,622 | 91,552 | 93,871 | 77,883 | 86,531 | 80,752 | 110,391 | 126,948 | 126,173 | 114,326 | 121,374 | 157,338 | 167,378 | 198,045 | |
630 |
24,536 | 21,633 | 15,875 | - | 212 | 16,850 | 16,850 | 20,850 | 20,712 | 20,877 | 7,768 | 12,718 | 17,075 | 17,568 | 22,777 | 39,399 | 19,093 | 14,852 | 14,400 | 14,159 | |
640/8 |
3,429 | 2,761 | 3,049 | 4,479 | 3,061 | 2,511 | 2,447 | 2,709 | 2,166 | 7,110 | 1,991 | 849 | 1,000 | 953 | 4,068 | 713 | 599 | 4,753 | 579 | 992 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 104 | - | - | 1 | 19 | 0 | 478 | 1,879 | 61 | |
9901 |
23,435 | 41,181 | 15,078 | 26,542 | 13,777 | -41,856 | -3,149 | 7,558 | -6,321 | 3,904 | -6,356 | 4,159 | -16,244 | -5,061 | 10,697 | -9,468 | 4,358 | 11,434 | 1,369 | 80 | |
75/76B |
969 | 26 | 185 | 302 | 127 | 2,515 | 155 | 3 | 32 | 32,268 | 38 | 98 | - | - | - | - | - | - | - | - | |
75 |
969 | 26 | 185 | 302 | 127 | 15 | 155 | 3 | 32 | 7 | 38 | 98 | - | - | - | - | - | - | - | - | |
76B |
- | - | - | - | - | 2,500 | - | - | - | 32,261 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
7,379 | 9,045 | 10,219 | 4,101 | 3,717 | 11,005 | 3,291 | 3,221 | 3,974 | 7,838 | 5,391 | 1,344 | 2,445 | 10,121 | 5,852 | 5,388 | 3,386 | 3,322 | 4,426 | 3,596 | |
65 |
7,379 | 9,045 | 10,219 | 4,101 | 3,717 | 11,005 | 3,291 | 3,221 | 3,974 | 4,270 | 5,391 | 1,344 | 2,445 | 10,121 | 5,852 | 5,388 | 3,386 | 3,322 | 4,426 | 3,596 | |
66B |
- | - | - | - | - | - | - | - | - | 3,568 | - | - | - | - | - | - | - | - | - | - | |
9903 |
17,025 | 32,162 | 5,045 | 22,743 | 10,187 | -50,346 | -6,285 | 4,340 | -10,263 | 28,334 | -11,709 | 3,413 | -18,690 | -15,051 | 5,045 | -9,713 | 2,967 | 13,166 | -2,332 | -3,577 | |
67/77 |
4,737 | 1,676 | 166 | 166 | 166 | 180 | 198 | 281 | 323 | 382 | 153 | 166 | - | 1,729 | - | 4,020 | - | - | - | - | |
9904 |
12,288 | 30,486 | 4,879 | 22,578 | 10,021 | -50,525 | -6,483 | 4,058 | -10,586 | 27,952 | -11,862 | 3,247 | -18,690 | -16,780 | 5,045 | -13,733 | 2,967 | 13,166 | -2,332 | -3,577 | |
9905 |
12,288 | 30,486 | 4,879 | 22,578 | 10,021 | -50,525 | -6,483 | 4,058 | -10,586 | 27,952 | -11,862 | 3,247 | -18,690 | -16,780 | 5,045 | -13,733 | 2,967 | 13,166 | -2,332 | -3,577 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-19,939 | -32,227 | -62,713 | -67,592 | -90,170 | -100,191 | -49,666 | -43,183 | -47,241 | -36,655 | -64,607 | -52,745 | -55,991 | -37,302 | -20,269 | -25,314 | -11,433 | -13,741 | -26,907 | -24,575 | |
14P |
-32,227 | -62,713 | -67,592 | -90,170 | -100,191 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 252 | - | 148 | 658 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 252 | - | 148 | 658 | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
1.6 | 0.9 | 1 | 1.8 | 2 | 2 | 2 | 2 | 2.2 | - | 1.9 | 2.2 | 3 | 3 | 3 | 3.2 | 2.8 | 3.8 | 4.4 | 5.6 | |
Hours worked1013 |
2,636 | 1,336 | 1,624 | 3,144 | 2,696 | 3,024 | 3,026 | 3,232 | 3,216 | - | 3,224 | 3,314 | 4,283 | 4,763 | 5,016 | 4,691 | 4,944 | 6,456 | 7,248 | 8,624 | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498518.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00498518 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00345972 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00379023 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00307565 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20318113 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-52200088 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-45400202 | |
| 31-12-2018 | micro format | 31-07-2019 | 2019-41400004 | |
| 31-12-2017 | micro format | 20-07-2018 | 2018-36500332 | |
| 31-12-2016 | micro format | 22-08-2017 | 2017-46000161 | |
| 31-12-2015 | full format | 26-08-2016 | 2016-48600205 | |
| 31-12-2014 | full format | 07-08-2015 | 2015-40500563 | |
| 31-12-2013 | full format | 17-06-2014 | 2014-18700518 | |
| 31-12-2012 | full format | 13-06-2013 | 2013-17900053 | |
| 31-12-2011 | full format | 13-06-2012 | 2012-17000321 | |
| 31-12-2010 | full format | 17-06-2011 | 2011-16800571 | |
| 31-12-2009 | full format | 16-06-2010 | 2010-17700079 | |
| 31-12-2008 | full format | 19-06-2009 | 2009-24800114 | |
| 31-12-2007 | full format | 10-06-2008 | 2008-20000164 | |
| 31-12-2006 | full format | 26-06-2007 | 2007-27500367 | |
| 31-12-2005 | full format | 30-06-2006 | 2006-37501683 | |
| 31-12-2004 | full format | 30-06-2005 | 2005-38402935 | |
| 31-12-2003 | full format | 29-06-2004 | 2004-34602548 | |
| 31-12-2002 | full format | 30-06-2003 | 2003-34502358 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47,971 | 62,815 | 30,953 | - | 13,989 | -25,006 | 13,701 | 28,408 | 14,391 | 24,781 | 1,412 | 16,877 | 831 | 12,507 | 33,474 | 29,932 | 23,451 | 26,286 | 15,770 | 14,239 | ||
| 36,824 | 52,120 | 20,754 | - | 10,233 | -33,676 | 10,366 | 24,908 | 10,126 | 48,829 | -4,094 | 15,965 | -1,615 | 788 | 27,822 | 25,666 | 22,059 | 28,018 | 12,068 | 10,582 | ||
| 14,500 | 14,000 | 63,500 | - | 0 | 0 | 0 | 1,123 | 0 | 90,131 | 1 | 496 | 1,185 | 0 | 33,102 | 24,892 | 22,611 | 41,289 | 26,045 | 495 | ||
| -1,134 | 3,515 | -1,544 | 2,784 | - | - | - | - | - | - | -19,813 | - | - | - | - | - | - | - | - | - | ||
| -21,109 | -29,723 | -69,281 | -56,700 | -79,278 | -89,511 | -51,061 | -51,997 | -66,507 | -67,514 | -58,812 | -51,856 | -60,798 | -51,681 | -39,530 | -44,438 | -35,606 | -41,260 | -33,164 | -22,854 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.9% | 0.3% | 0.0% | ||
| -1.2% | -14.8% | -52.2% | -82.6% | -123.5% | -299.7% | -52.8% | -36.1% | -27.7% | -20.4% | -202.0% | -67.2% | -38.9% | -18.0% | -1.1% | -4.6% | 3.8% | 3.3% | -6.4% | -6.6% | ||
| 0.75 | 0.59 | 0.29 | 0.48 | 0.39 | 0.18 | 0.40 | 0.33 | 0.39 | 0.08 | 0.14 | 0.37 | 0.51 | 0.51 | 0.71 | 0.68 | 0.76 | 0.55 | 0.76 | 0.77 | ||
| 0.75 | 0.59 | 0.29 | 0.48 | 0.39 | 0.07 | 0.07 | 0.33 | 0.39 | 0.08 | 0.14 | 0.37 | 0.49 | 0.49 | 0.52 | 0.66 | 0.74 | 0.52 | 0.23 | 0.57 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.41 | 29.13 | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43.2% | 337.5% | - | - | ||
| 12.2% | 33.4% | 5.8% | 38.1% | 17.3% | -185.8% | -11.1% | 6.0% | -10.3% | 31.7% | -52.2% | 6.4% | -19.5% | -16.3% | 3.1% | -9.2% | 1.6% | 11.2% | -1.6% | -3.4% | ||
| 6.50 | 6.94 | 3.03 | - | 3.76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25 days | 9 days | 30 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39 days | 101 days | 65 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | - | 1 | 1 | 2 |
| full-time | 2 | - | 1 | 1 | 2 |
| in full-time equivalents | 2 | - | 1 | 1 | 2 |
| 1.6 | 0.9 | 1 | 1.8 | 2 | |
| On a permanent contract | 1 | - | 1 | 1 | 2 |
| Joined | - | 3 | 1 | 2 | - |
| Left | - | 3 | 0 | 3 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,500 | €14,000 | €63,500 | - | - |
| €24,536 | €21,633 | €15,875 | - | €212 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 43% lower than in 2024.
Equity is negative. Debt (€102,067) exceeds the balance-sheet total (€100,829).
CONSTRUCT G.S. has no parent and no holdings in its annual accounts. Stéphane GILLIS is the only director. CONSTRUCT G.S. shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 2 April 2001, CONSTRUCT G.S. was incorporated.1 In 2022 the registered office moved to Mouscron.2 Stéphane GILLIS is director of the company, appointed by deed of 20-06-2022.2 Total assets went from €67,747 in 2018 to €100,829 in 2025 and headcount from 2 to 1.6 full-time equivalents.3
| Establishment | Since | Unit number |
|---|---|---|
| CONSTRUCT G.S. SPRL registered office Gustave Dequennestraat 41, 7700 Mouscron | 02-05-2001 | 2.098.024.282 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 54435D0012/00C000 | 594 m² | 1 · 175 m² | 9.2 m · 2 |
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. Use the enterprise number 0474.472.431
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