CONSTRUCT RAPIDO
ActiveSummary
The computed 12-month bankruptcy probability of CONSTRUCT RAPIDO is 6.3% (elevated). For CONSTRUCT RAPIDO, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €22,891 and a net result of €16,885. Equity is growing by ~149.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 7962 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability100▲+26
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
77.3%
Return on assets
57.1%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
3 d early
2020
2 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€22,891▲ 281%
2021 · €6,006
Total assets
€29,594▲ 290%
2021 · €7,582
Net result
€16,885▲ 1,444%
2021 · €1,094
Working capital
€22,891▲ 281%
2021 · €6,006
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result€4,476-€1,548▼ 65.4%€22,639▲ 1,362%
Net result€3,412-€1,094▼ 68.0%€16,885▲ 1,444%
Equity€4,912-€6,006▲ 22.3%€22,891▲ 281%
Total assets€6,602-€7,582▲ 14.8%€29,594▲ 290%
Debt€1,690-€1,576▼ 6.7%€6,703▲ 325%
Working capital€4,912-€6,006▲ 22.3%€22,891▲ 281%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 1,362% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €29,594
Equity
€22,891 ▲ 281%
Debt
€6,703 ▲ 325%
Debt's share of the balance-sheet total rises from 20.8% to 22.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
4.41▼
2021 · 4.81
Debt to equity
0.29▲
2021 · 0.26
ROE
73.8%▲
2021 · 18.2%
ROA
57.1%▲
2021 · 14.4%
Debt ≤ 1 year
€6,703▲
2021 · €1,576
Income taxes
€4,878▲
2021 · €380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €211 | €404 | ▲ 91.7% |
| Gross operating margin9900 | €4,476 | €1,759 | €23,043 | ▲ 1,210% |
| Operating profit (loss)9901 | €4,476 | €1,548 | €22,639 | ▲ 1,362% |
| Financial charges65/66B | - | €75 | €876 | ▲ 1,067% |
| Recurring financial charges65 | €93 | €75 | €876 | ▲ 1,067% |
| Profit (loss) for the period before taxes9903 | €4,382 | €1,473 | €21,764 | ▲ 1,377% |
| Income taxes67/77 | €970 | €380 | €4,878 | ▲ 1,185% |
| Profit (loss) for the period9904 | €3,412 | €1,094 | €16,885 | ▲ 1,444% |
| Profit (loss) for the period to be appropriated9905 | €3,412 | €1,094 | €16,885 | ▲ 1,444% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6,602 | €7,582 | €29,594 | ▲ 290% |
| Current assets29/58 | €6,602 | €7,582 | €29,594 | ▲ 290% |
| Amounts receivable within one year40/41 | €3,843 | €6,789 | €27,321 | ▲ 302% |
| Trade receivables40 | - | - | €5,000 | - |
| Other amounts receivable41 | - | €6,789 | €22,321 | ▲ 229% |
| Cash at bank and in hand54/58 | €2,760 | €793 | €2,274 | ▲ 187% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6,602 | €7,582 | €29,594 | ▲ 290% |
| Equity10/15 | €4,912 | €6,006 | €22,891 | ▲ 281% |
| Contributions10/11 | - | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €3,412 | €4,506 | €21,391 | ▲ 375% |
| Amounts payable17/49 | €1,690 | €1,576 | €6,703 | ▲ 325% |
| Amounts payable within one year42/48 | €1,690 | €1,576 | €6,703 | ▲ 325% |
| Trade debts44 | - | €477 | €1,105 | ▲ 132% |
| Suppliers440/4 | - | €477 | €1,105 | ▲ 132% |
| Taxes, remuneration and social security45 | - | €1,100 | €5,598 | ▲ 409% |
| Taxes450/3 | - | €1,100 | €5,598 | ▲ 409% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,412 | €1,094 | €16,885 | ▲ 1,444% |
| Operating cash flow (approximation) | €3,412 | €1,094 | €16,885 | ▲ 1,444% |
| Change in cash | - | -€1,967 | €1,481 | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2020net €16,885 ▲1,444%
Operating result €22,639, net result €16,885, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €1,094 ▼68%
Net result drops to €1,094, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2020
Ground area
195 m²
Building footprint
96 m²
Volume, LiDAR
1,103 m³
Parcel 21492B0083/00L004, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CONSTRUCT RAPIDO
since 20202.299.091.525
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0083/00L004 | Brussels | 195 m² | 1 · 96 m² | 15.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VASEA CONSTRUCT
BE 0802.590.470
Sint-Pieters-Leeuw · Eq €22,894
EUROCONSTRUCT PROFESSIONAL
BE 0791.450.813
Nieuwpoort · Eq €22,878
BATICOUM & FILS
BE 0797.890.623
Dison · Eq €22,867
LAFAUT JEROEN
BE 0507.732.345
Pittem · Eq €22,917
BOUWBEDRIJF VERLACKT
BE 0460.155.231
Tongeren-Borgloon · Eq €22,866
Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 11,861 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.