Equity
€29.4m ▼ 6.2%
CONSTRUCTEL BELGIUM paid out €22.0m in dividends. That is 110% of the 2025 profit.
CONSTRUCTEL BELGIUM
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €105.3m (2024)
€99.9m▼ 5.1%
peak €20.1m (2025)
€20.1m▲ 197%
peak €31.4m (2024)
€29.4m▼ 6.2%
€41.8m▲ 100%
peak 229 FTE (2025)
229 FTE▲ 15.0%
Board7 names since 2021
4 directorsAntónio Carlos Ferreira Rocha Perpétua and 3 others
Owners4 names in the annual accounts
consolidatesNCFGEST SA
Documentsfilings and deeds
27-04-202695 days before the deadline
2025financial year
Result from €6.8m to €20.1mStaff from 199.1 FTE to 229 FTEDividend €22.0mDebts from €20.9m to €41.8m
Key points
from the 2025 annual accountsResult
€20.1m ▲ 197%
The result rose in 2025: merger with CONSTRUCTELMODAL.
Debts
€41.8m ▲ 100%
Debts rose by €20.9m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Payment terms
71 days to suppliers
CONSTRUCTEL BELGIUM pays its suppliers 12 days later than in 2024. Customers pay 66 days later.
Filings
21 annual accounts since 2005
Three of the last ten came late. The 2022 accounts came latest: 190 days after the end of the period.
Restructuring
3
3 restructurings since 2024. Latest: merger with CONSTRUCTELMODAL.
Checked score
95
Excellent
Financially stronger than 56% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: turnover €99.9m, 229 FTE, total assets €71.2m
Founded in 2004
Equity €29.4m (41.3% of total assets)
Calculation
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 43, medium-sized). It does better than 63% of them on solvency, 43% on liquidity, 95% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as CONSTRUCTEL BELGIUM has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of CONSTRUCTEL BELGIUM itself: 0.1% within 12 months.
Test of the method
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 1,579 companies, not a prediction for CONSTRUCTEL BELGIUM. 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.
Credit verdict
Credit of up to €2,750,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (1.81 in 2024), below the usual 1.5. Short-term debt is 55.6% and cash 9.4% of total assets. 58.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 days early
2024
85 days early
2023
56 days early
2022
190 days late
2021
25 days early
2020
11 days early
2019
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
CM
Cabinet Mazars Réviseurs d'entreprises SCRL
Auditor, Philippe Gossart
- CONSTRUCTEL FRANCA 96.77%annual accounts 2017
- NCFGEST SA consolidatesannual accounts 2025
- VIATEL 3.23%annual accounts 2017
Recent changes
New establishment in Overijse
Hengstenberg 101
Merger: CONSTRUCTEL BELGIUM takes over CONSTRUCTELMODAL
Capital increase of €132,600 to €269,600 · Capital from €137,000 to €269,600 · General meeting of 31-07-2024 · Gazette deed
New establishment in Charleroi
Avenue Jean Mermoz 3
Merger proposal: CONSTRUCTEL BELGIUM takes over CABLING STATION DATA
Constructel Constructions et Telecommunications is a shareholder · Board meeting of 13-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONSTRUCTEL BELGIUM Mons | €99.9m | 11.4% | 41.3% | 229 |
| Cegelec Electrical Solutions Brussels | €73.9m | 7.5% | 21.7% | 237.9 |
| ELECTROTECHNIQUE ET MECANIQUE PUTMAN FRERES Anderlecht | €82.3m | 2.1% | 34.9% | 333.7 |
| CBRE GWS Belgium Machelen (Brab.) | €90.8m | 1.0% | 11.1% | 250.8 |
| Solutions 30 Belgium Antwerp | €98.8m | -5.4% | 0.4% | 105.9 |
| VINCI Facilities Belgium Brussels | €94.6m | 6.5% | 16.5% | 458.4 |
| CIRCET BELGIUM Beringen | €60.2m | 2.4% | 60.6% | 365.9 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CONSTRUCTEL BELGIUM: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €33m and €77m, founded between 1986 and 2015.
Official details
Source: KBO- Status
- Active since 14-10-2004Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment units
- 2.142.242.8227033 Mons, since 12-10-2004
- 2.351.918.5176800 Libramont-Chevigny, since 06-11-2023and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €71.2m▲ 36.3%
- Employeeson 31-12-2025
- 218▼ 8.8%
- Filing
- Filed on 27-04-2026, 95 days before the end of the filing period
Insights on CONSTRUCTEL BELGIUM
CONSTRUCTEL BELGIUM has existed since 2004. In 2021 turnover rose from €6.6m to €19.9m and staff from 77.1 to 98 full-time equivalents.
Solvency fell in 2025 from 60.0% to 41.3% because of the dividend.
In October 2023, the Official Gazette published the appointment of Nuno Miguel Rodrigues Terras Marques as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CONSTRUCTEL BELGIUM
- What is the company number of CONSTRUCTEL BELGIUM?
- The company number of CONSTRUCTEL BELGIUM is 0867.831.185. The VAT number is the same number with BE in front: BE 0867.831.185.
- Where is CONSTRUCTEL BELGIUM based?
- The registered office is at Rue des Sandrinettes 31, 7033 Mons.Company details
- What does CONSTRUCTEL BELGIUM do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of CONSTRUCTEL BELGIUM?
- CONSTRUCTEL BELGIUM is a public limited company (NV).
- When was CONSTRUCTEL BELGIUM founded?
- CONSTRUCTEL BELGIUM was founded on 14-10-2004.
- Is CONSTRUCTEL BELGIUM still active?
- Yes, CONSTRUCTEL BELGIUM is an active enterprise in the KBO register.
- How many employees does CONSTRUCTEL BELGIUM have?
- CONSTRUCTEL BELGIUM had an average of 229 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CONSTRUCTEL BELGIUM?
- The turnover of CONSTRUCTEL BELGIUM was €99.9m in financial year 2025, according to the filed annual accounts.
- Is CONSTRUCTEL BELGIUM profitable?
- In financial year 2025, CONSTRUCTEL BELGIUM made a profit of €20.1m.
- Where can I find the annual accounts of CONSTRUCTEL BELGIUM?
- CONSTRUCTEL BELGIUM filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONSTRUCTEL BELGIUM due?
- CONSTRUCTEL BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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