Construct - Ives

Active

Private limited companyfounded 20197 yrs activeBoerestraat 21, 9850 Deinze, BelgiumKBO/BCE: BE 0728.475.641

Construct - Ives is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €117k and a net result of €5k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 7954 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7954 sector peers (2025).

NBB · sector comparison

Position among 7954 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

29 d early

2024

27 d early

2023

on the day

2022

21 d early

2021

131 d early

2020

1 d early

2019

35 d early

← before the deadline after the deadline →

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 months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€117k▲ 4.0%

2024 · €112k

2019: €36k 2020: €80k 2021: €138k 2022: €120k 2023: €93k 2024: €112k

2019 → 2025

Net result

€5k▼ 76.8%

2024 · €19k

2019: €31k 2020: €44k 2021: €58k 2022: €115k 2023: €-27k 2024: €19k

2019 → 2025

Total assets

€976k▲ 1.3%

2024 · €963k

2019: €98k 2020: €145k 2021: €202k 2022: €173k 2023: €1.00M 2024: €963k

2019 → 2025

Solvency

12.0%▲ 0.3pp

2024 · 11.7%

2019: 36.7% 2020: 55.5% 2021: 68.3% 2022: 69.0% 2023: 9.3% 2024: 11.7%

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€138k-€120k▼ 13.3%€93k▼ 22.2%€112k▲ 20.9%€117k▲ 4.0%

Operating result€75k-€147k▲ 97.0%€-2k€57k€43k▼ 24.0%

Net result€58k-€115k▲ 99.1%€-27k€19k€5k▼ 76.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 24% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €976k

92.9%

Fixed assets €907k▲ 0.9%

Current assets €69k▲ 7.6%

Equity and liabilities €976k

12%

88.0%

Equity €117k▲ 4.0%

Debt €859k▲ 1.0%

The debt ratio falls from 88.3% to 88.0%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

Solvency

12.0%▲

2024 · 11.7%

ROE

3.9%▼

2024 · 17.3%

ROA

0.5%▼

2024 · 2.0%

Debt

€859k▲

2024 · €851k

Debt ≤ 1 year

€166k▲

2024 · €111k

Debt > 1 year

€688k▼

2024 · €735k

Income taxes

€3k▲

2024 · €364

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€963k€976k▲

Fixed assets21/28€899k€907k▲

Tangible fixed assets22/27€899k€907k▲

Land and buildings22€891k€897k▲

Plant, machinery and equipment23€664€2k▲

Furniture and vehicles24€7k€8k▲

Current assets29/58€64k€69k▲

Amounts receivable within one year40/41€45k€50k▲

Trade receivables40€26k€36k▲

Other amounts receivable41€19k€15k▼

Cash at bank and in hand54/58€18k€18k▼

Deferred charges and accrued income490/1€1k€1k▲

Equity and liabilities

Total equity and liabilities10/49€963k€976k▲

Equity10/15€112k€117k▲

Contributions10/11€5k€5k=

Reserves13€115k€115k=

Distributable reserves133€115k€115k=

Profit (loss) carried forward14€-7k€-3k▲

Amounts payable17/49€851k€859k▲

Amounts payable after more than one year17€735k€688k▼

Financial debts170/4€735k€688k▼

Amounts payable within one year42/48€111k€166k▲

Current portion of amounts payable after more than one year42€46k€47k▲

Trade debts44€4k€5k▲

Suppliers440/4€4k€5k▲

Taxes, remuneration and social security45€12k€16k▲

Taxes450/3€10k€14k▲

Remuneration and social security454/9€2k€2k=

Other amounts payable47/48€49k€97k▲

Accrued charges and deferred income492/3€5k€5k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€72k▲

Other operating charges640/8€4k€4k▲

Gross operating margin9900€96k€119k▲

Operating profit (loss)9901€57k€43k▼

Financial income75/76B€3€0▼

Recurring financial income75€3€0▼

Financial charges65/66B€37k€36k▼

Recurring financial charges65€37k€36k▼

Profit (loss) for the period before taxes9903€20k€7k▼

Income taxes67/77€364€3k▲

Profit (loss) for the period9904€19k€5k▼

Profit (loss) for the period to be appropriated9905€19k€5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-3k▲

Profit (loss) brought forward from the previous period14P€-27k€-7k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 5Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

04-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

31-12

Financial Equity above €100kEq €112k ▲20.9%

Equity rises from €93k to €112k.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-27k ▼123%

Net result drops to €-27k, the lowest in the series; recovery starts the following year.

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2019net €115k ▲99.1%

Operating result €147k, net result €115k, both a record.

22-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Equity above €100kEq €138k ▲71.6%

3 profitable years in a row build equity to €138k.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

26-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2024

llse De Paepe

Director · since 01-06-2024

Current

01-06-2024 Appointed as Director

Location & real-estate footprint

Registered office, Deinze · 2 establishment units since 2019

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Boerestraat 219850 Deinze

Ground area

2,271 m²

Building footprint

372 m²

Volume, LiDAR

2,292 m³

2 parcels, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Construct - Ives

Boerestraat 21, 9850 DeinzeAgents in non-specialised wholesale trade

since 20192.290.133.772

Onder de toren

Hansbekedorp 24, 9850 DeinzeAgents in non-specialised wholesale trade

since 20242.359.315.459

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44027B0693/00C000 ProtectedMonument · Townscape or village viewCafé Onder de torenSource ↗	Flanders	1,551 m²	1 · 214 m²	13.5 m · 3 fl.
44027A0844/00B000	Flanders	721 m²	1 · 157 m²	9.3 m · 1 fl.