Summary
Construct Profile 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 €2.4m and a net result of €32,354. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 22% of 2993 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, full schema
Equity
€2.4m▲ 1.4%
2024 · €2.3m
Net result
€32,354▼ 37.9%
2024 · €52,112
Total assets
€8.3m▲ 0.6%
2024 · €8.3m
Solvency
28.4%▲ 0.2pp
2024 · 28.1%
Trend over the years
2021 to 2025, 5 fiscal years
The operating result has fallen two years in a row; 2025 is 1% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€0.4m
2025
Operating result€0.3m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€8.3m
2025
Equity€2.4m
2025
Debt€6.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.0m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency28.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio4.44
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0.4m€0.4m▲ 0.4%
Operating result€0.2m-€0.4m▲ 71.7%€0.4m▲ 2.9%€0.3m▼ 26.0%€0.3m▼ 0.7%
Net result-€0.07mbelow the sector's middle half-€0.2mabove the sector's middle half€0.2mwithin the sector's middle half▼ 2.1%€0.05mwithin the sector's middle half▼ 71.3%€0.03mwithin the sector's middle half▼ 37.9%
Equity€1.9mabove the sector's middle half-€2.1mabove the sector's middle half▲ 9.7%€2.3mabove the sector's middle half▲ 8.7%€2.3mwithin the sector's middle half▲ 2.3%€2.4mwithin the sector's middle half▲ 1.4%
Total assets€8.0mabove the sector's middle half-€8.2mabove the sector's middle half▲ 2.4%€8.2mabove the sector's middle half▼ 0.1%€8.3mwithin the sector's middle half▲ 1.2%€8.3mwithin the sector's middle half▲ 0.6%
Debt€6.1m-€6.1m▲ 0.2%€5.9m▼ 3.1%€6.0m▲ 0.8%€6.0m▲ 0.3%
Working capital€1.4mabove the sector's middle half-€1.4mabove the sector's middle half▲ 4.8%€1.5mabove the sector's middle half▲ 5.5%€1.6mwithin the sector's middle half▲ 2.6%€1.0mwithin the sector's middle half▼ 35.1%
Solvency23.9%below the sector's middle half-25.6%within the sector's middle half▲ 1.7pp27.8%within the sector's middle half▲ 2.2pp28.1%within the sector's middle half▲ 0.3pp28.4%below the sector's middle half▲ 0.2pp
Current ratio5.61above the sector's middle half-4.37above the sector's middle half▼ 1.245.47above the sector's middle half▲ 1.104.92above the sector's middle half▼ 0.554.44above the sector's middle half▼ 0.48
Return on assets (ROA)-0.8%below the sector's middle half-2.3%within the sector's middle half▲ 3.1pp2.2%within the sector's middle half=0.6%within the sector's middle half▼ 1.6pp0.4%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result -71% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.3m
Fixed assets
€7.0m ▲ 11.1%
Current assets
€1.3m ▼ 33.3%
Equity and liabilities €8.3m
Equity
€2.4m ▲ 1.4%
Debt
€6.0m ▲ 0.3%
Debt's share of the balance-sheet total falls from 71.9% to 71.6%. Equity and debt are higher.
Key figures and ratios
ROE
1.4%▼
2024 · 2.2%
Debt ≤ 1 year
€293,683▼
2024 · €397,748
Debt > 1 year
€5.4m▲
2024 · €5.3m
Income taxes
€10,796▼
2024 · €17,870
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €400,807 | €402,220 | ▲ 0.4% |
| Turnover70 | - | - | - | €400,807 | €402,220 | ▲ 0.4% |
| Operating charges60/66A | - | - | - | €90,951 | €94,687 | ▲ 4.1% |
| Services and other goods61 | - | - | - | €89,665 | €93,368 | ▲ 4.1% |
| Other operating charges640/8 | €996 | €825 | €1,359 | €1,286 | €1,318 | ▲ 2.6% |
| Gross operating margin9900 | €237,983 | €407,813 | €420,265 | - | - | - |
| Operating profit (loss)9901 | €236,987 | €406,988 | €418,907 | €309,856 | €307,534 | ▼ 0.7% |
| Financial income75/76B | €27,768 | €30,133 | €39,020 | €42,584 | €45,035 | ▲ 5.8% |
| Recurring financial income75 | €27,768 | €30,133 | €39,020 | €42,584 | €45,035 | ▲ 5.8% |
| Income from financial fixed assets750 | - | - | - | - | €17,500 | - |
| Income from current assets751 | - | - | - | €42,584 | €27,535 | ▼ 35.3% |
| Financial charges65/66B | €329,966 | €207,744 | €210,007 | €282,457 | €309,419 | ▲ 9.5% |
| Recurring financial charges65 | €329,966 | €207,744 | €210,007 | €282,457 | €309,419 | ▲ 9.5% |
| Debt charges650 | - | - | - | €282,319 | €309,329 | ▲ 9.6% |
| Other financial charges652/9 | - | - | - | €138 | €90 | ▼ 34.9% |
| Profit (loss) for the period before taxes9903 | -€65,211 | €229,377 | €247,920 | €69,982 | €43,150 | ▼ 38.3% |
| Income taxes67/77 | - | €43,812 | €66,164 | €17,870 | €10,796 | ▼ 39.6% |
| Taxes670/3 | - | - | - | €17,870 | €10,796 | ▼ 39.6% |
| Profit (loss) for the period9904 | -€65,211 | €185,565 | €181,756 | €52,112 | €32,354 | ▼ 37.9% |
| Profit (loss) for the period to be appropriated9905 | -€65,211 | €185,565 | €181,756 | €52,112 | €32,354 | ▼ 37.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.0m | €8.2m | €8.2m | €8.3m | €8.3m | ▲ 0.6% |
| Fixed assets21/28 | €6.3m | €6.3m | €6.3m | €6.3m | €7.0m | ▲ 11.1% |
| Financial fixed assets28 | €6.3m | €6.3m | €6.3m | €6.3m | €7.0m | ▲ 11.1% |
| Affiliated companies280/1 | - | - | - | €6.3m | €7.0m | ▲ 11.1% |
| Participating interests280 | - | - | - | €6.3m | €6.3m | = |
| Amounts receivable281 | - | - | - | - | €0.7m | - |
| Current assets29/58 | €1.7m | €1.9m | €1.9m | €2.0m | €1.3m | ▼ 33.3% |
| Amounts receivable after more than one year29 | €0.7m | €0.7m | €0.7m | €0.7m | - | - |
| Other amounts receivable291 | €0.7m | €0.7m | €0.7m | €0.7m | - | - |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.3m | €0.7m | €1.1m | €1.1m | €1.3m | ▲ 17.3% |
| Trade receivables40 | €0.02m | €0.02m | €0.03m | €0.05m | €0.05m | ▲ 4.1% |
| Other amounts receivable41 | €0.3m | €0.7m | €1.0m | €1.0m | €1.2m | ▲ 18.0% |
| Cash at bank and in hand54/58 | €0.6m | €0.5m | €0.08m | €0.2m | €0.02m | ▼ 88.7% |
| Deferred charges and accrued income490/1 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.0m | €8.2m | €8.2m | €8.3m | €8.3m | ▲ 0.6% |
| Equity10/15 | €1.9m | €2.1m | €2.3m | €2.3m | €2.4m | ▲ 1.4% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | - | €0.006m | €0.02m | €0.02m | €0.02m | ▲ 9.1% |
| Non-distributable reserves130/1 | - | €0.006m | €0.02m | €0.02m | €0.02m | ▲ 9.1% |
| Legal reserve130 | - | €0.006m | €0.02m | €0.02m | €0.02m | ▲ 9.1% |
| Profit (loss) carried forward14 | -€0.07m | €0.1m | €0.3m | €0.3m | €0.4m | ▲ 9.1% |
| Amounts payable17/49 | €6.1m | €6.1m | €5.9m | €6.0m | €6.0m | ▲ 0.3% |
| Amounts payable after more than one year17 | €5.6m | €5.5m | €5.4m | €5.3m | €5.4m | ▲ 2.1% |
| Financial debts170/4 | €5.6m | €5.5m | €5.4m | €5.3m | €5.4m | ▲ 2.1% |
| Subordinated loans170 | - | - | - | €2.7m | €2.9m | ▲ 8.0% |
| Credit institutions173 | - | - | - | €0.1m | €0 | ▼ 100% |
| Other loans174 | - | - | - | €2.5m | €2.5m | = |
| Amounts payable within one year42/48 | €0.3m | €0.4m | €0.3m | €0.4m | €0.3m | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 49.5% |
| Financial debts43 | - | - | - | €0.02m | €0.02m | ▼ 20.0% |
| Credit institutions430/8 | - | - | - | €0.02m | €0.02m | ▼ 20.0% |
| Trade debts44 | €0.01m | €0.02m | €0.01m | €0.01m | €0.007m | ▼ 50.0% |
| Suppliers440/4 | €0.01m | €0.02m | €0.01m | €0.01m | €0.007m | ▼ 50.0% |
| Taxes, remuneration and social security45 | €0.006m | €0.05m | €0.1m | €0.07m | €0.009m | ▼ 87.5% |
| Taxes450/3 | €0.006m | €0.05m | €0.1m | €0.07m | €0.009m | ▼ 87.5% |
| Other amounts payable47/48 | €0.08m | €0.2m | €0 | €0.08m | €0.2m | ▲ 102% |
| Accrued charges and deferred income492/3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€65,211 | €185,565 | €181,756 | €52,112 | €32,354 | ▼ 37.9% |
| Operating cash flow (approximation) | -€65,211 | €185,565 | €181,756 | €52,112 | €32,354 | ▼ 37.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€700,000 | - |
| Change in cash | - | -€158,795 | -€380,804 | €75,828 | -€140,707 | ▼ 286% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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