Equity
€16,038 ▼ 60.8%
ConstrucTerra paid out €56,250 in dividends. That is 179% of the 2025 profit.
ConstrucTerra
Overview
Lifetime
5 annual accounts with figures on one time axispeak €43,448 (2025)
€43,448▲ 63.6%
peak €31,355 (2025)
€31,355▲ 68.3%
peak €40,932 (2024)
€16,038▼ 60.8%
€36,377▲ 316%
Board2 names since 2020
2 directorsVERELST Steven Karel Louis Piet and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €26,558 to €43,448Result from €18,634 to €31,355Registered-office move 18-11Registered office moved from Turnhout to Lummen 26-02Dividend €56,250Equity from €40,932 to €16,038
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Investments
€7,076 2.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.27 was 5.41 in 2024
Short-term debts rose from €8,752 to €36,377.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 27 to 30 days before the end of the period.
Starting capital
€2,500 25 shares
Checked score
67
Healthy
Financially stronger than 44% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 8 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 01-2025lowest value
03-2025: 0.1%▲ +0.1 percentage points 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%▼ -0.1 percentage points 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: 0.4%▲ +0.4 percentage points vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.27, cash €30,541
Figures for financial year 2025 (filed on 02-07-2026)
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 71, micro). It does better than 30% of them on solvency, 50% on liquidity, 88% on profitability and 9% 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 low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as ConstrucTerra has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ConstrucTerra itself: 0.8% 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 26,972 companies, not a prediction for ConstrucTerra. 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 €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.27 (5.41 in 2024), below the usual 1.5. Short-term debt is 69.4% and cash 58.3% of total assets. 69.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
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 02-07-2026, 29 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
29 days early
2024
30 days early
2023
30 days early
2022
27 days early
2021
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 29 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered-office move
Director in office: VerelstSteven · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750473558
Registered office moved from Turnhout to Lummen
New registered office: Zonnestraat 21 bus 3.1 3560 Lummen · Previous registered office: Waterloopstraat 32 bus 5 2300 Turnhout · Gazette deed
Registered office moved from Mol to Turnhout
New registered office: Waterloopstraat 32 bus 5, 2300 Turnhout · Previous registered office: Sint-Jozefslaan 55, 2400 Mol · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ConstrucTerra Lummen | €52,415 | €43,448 | 30.6% | - |
| STW PROJECTSERVICE Bree | €54,783 | €40,180 | 80.0% | - |
| Trae Consulting Ghent | €54,997 | €43,069 | 16.5% | - |
| LARMOR SERVICES Linkebeek | €60,076 | €41,970 | 4.8% | - |
| Wanna-build Tervuren | €55,758 | €39,995 | 6.3% | - |
| INGENIEURS CONSEILS EN ACOUSTIQUE Chaudfontaine | €53,072 | €38,633 | 58.9% | - |
| ML ADVISING Héron | €53,687 | €48,604 | 9.9% | - |
These companies have the same main activity as ConstrucTerra: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €53,100 and €60,100, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 10-07-2020Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.305.078.3063560 Lummen, since 10-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Annual accounts 2025
- €43,448▲ 63.6%
- €31,355▲ 68.3%
- €16,038▼ 60.8%
- €52,415▲ 5.5%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on ConstrucTerra
ConstrucTerra files the micro format. That format states no turnover. The gross margin rose from €16,061 in 2021 to €43,448 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 02-07-2026, 29 days before the deadline€43,448
▲ 63.6%
€39,806
▲ 67.0%
€31,355
▲ 68.3%
€9,713
▼ 74.8%
30.6%
▼ 51.8 percentage points
1.27
▼ 4.14
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 ≈ €130,000. Estimated: probably between €86,000 and €180,000.
Balance sheet
balance sheet total €52,415 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
30.6%
Higher than 30% of 11,794 companies in 2025.
1.27
Higher than 30% of 11,521 companies in 2025.
59.8%
Higher than 95% of 11,605 companies in 2025.
ConstrucTerra
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
52,415 | 49,685 | 32,912 | 21,045 | 23,312 | |
21/28 |
6,325 | 2,349 | 4,540 | 3,422 | 4,699 | |
22/27 |
6,325 | 2,349 | 4,540 | 3,422 | 4,699 | |
24 |
6,325 | 2,349 | 4,540 | 3,422 | 4,699 | |
29/58 |
46,090 | 47,335 | 28,373 | 17,623 | 18,613 | |
40/41 |
13,811 | 494 | - | 1,889 | 2,397 | |
40 |
12,550 | - | - | - | 510 | |
41 |
1,261 | 494 | - | 1,889 | 1,886 | |
54/58 |
30,541 | 45,082 | 22,324 | 13,951 | 14,670 | |
490/1 |
1,738 | 1,760 | 6,049 | 1,784 | 1,546 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
52,415 | 49,685 | 32,912 | 21,045 | 23,312 | |
10/15 |
16,038 | 40,932 | 22,298 | 15,595 | 13,681 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
13,538 | 38,432 | 19,798 | 13,095 | 11,181 | |
133 |
13,538 | 38,432 | 19,798 | 13,095 | 11,181 | |
17/49 |
36,377 | 8,752 | 10,614 | 5,450 | 9,631 | |
42/48 |
36,377 | 8,752 | 10,614 | 5,256 | 4,601 | |
44 |
410 | 3,330 | 3,588 | 418 | 775 | |
440/4 |
410 | 3,330 | 3,588 | 418 | 775 | |
45 |
9,443 | 5,248 | 6,873 | 4,252 | 3,192 | |
450/3 |
9,443 | 5,248 | 6,873 | 4,252 | 3,192 | |
47/48 |
26,525 | 175 | 154 | 586 | 634 | |
492/3 |
- | - | - | 194 | 5,030 | |
| Income statement | ||||||
9900 |
43,448 | 26,558 | 11,901 | 4,939 | 16,061 | |
630 |
3,100 | 2,190 | 2,257 | 1,277 | 1,212 | |
640/8 |
542 | 531 | 595 | 390 | 867 | |
9901 |
39,806 | 23,837 | 9,048 | 3,272 | 13,981 | |
75/76B |
- | 4 | 0 | 0 | 0 | |
75 |
- | 4 | 0 | 0 | 0 | |
65/66B |
218 | 200 | 360 | 533 | 187 | |
65 |
218 | 200 | 360 | 533 | 187 | |
9903 |
39,588 | 23,640 | 8,689 | 2,738 | 13,794 | |
67/77 |
8,233 | 5,006 | 1,986 | 824 | 2,614 | |
9904 |
31,355 | 18,634 | 6,703 | 1,915 | 11,181 | |
9905 |
31,355 | 18,634 | 6,703 | 1,915 | 11,181 | |
| Appropriation of the result | ||||||
9906 |
31,355 | 18,634 | 6,703 | 1,915 | 11,181 | |
791/2 |
28,000 | - | - | - | - | |
691/2 |
3,105 | 18,634 | 6,703 | 1,915 | 11,181 | |
6921 |
3,105 | 18,634 | 6,703 | 1,915 | 11,181 | |
694/7 |
56,250 | - | - | - | - | |
694 |
56,250 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 5 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 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00236306 | |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00206323 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00185608 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00196241 | |
| 31-12-2021 | micro format | 03-07-2022 | 2022-20122048 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 42,906 | 26,027 | 11,305 | 4,549 | 15,193 | ||
| 34,456 | 20,824 | 8,960 | 3,192 | 12,393 | ||
| 7,076 | 0 | 3,375 | 0 | 5,912 | ||
| -14,541 | 22,758 | 8,373 | -720 | - | ||
| 9,713 | 38,583 | 17,758 | 12,367 | 14,011 | ||
| 30.6% | 82.4% | 67.7% | 74.1% | 58.7% | ||
| 1.27 | 5.41 | 2.67 | 3.35 | 4.05 | ||
| 2.27 | 0.21 | 0.48 | 0.35 | 0.70 | ||
| 195.5% | 45.5% | 30.1% | 12.3% | 81.7% | ||
| 59.8% | 37.5% | 20.4% | 9.1% | 48.0% | ||
| over 100 | over 100 | 31.45 | 8.53 | 81.44 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,076 | - | €3,375 | - | €5,912 |
| €3,100 | €2,190 | €2,257 | €1,277 | €1,212 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ConstrucTerra
The operating result for 2025 is 67% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 17.6% to 69.4%. Equity is lower and debt is higher.
Board & ownership
Board
2 directors, since incorporationDirector
since 03-07-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 02-07-2026
Mandates through the years
2 names, the dashed line is todayVERELST Steven Karel Louis Piet
Director
Director
VerelstSteven
Director
Director
Board
Mandates as a list
- VERELST Steven Karel Louis Piet
- Director, from 03-07-2020 to date
- VerelstSteven
- Director, from 03-07-2020 to date
Control
Capital
- Contribution
- €2,500
- Shares
- 25
- Contribution per share
- €100
- Equity per share
- €642 in 2025
- Source
- deed of 14-07-2020
Articles of association
deed of 14-07-2020 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 25 June at 13:00
Network & group
No group
ConstrucTerra has no parent and no holdings in its annual accounts. ConstrucTerra shares no director with another company.
Timeline
Timeline
14 events since 2020Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 29 days before the deadline
2025
Highest result from 2021 to 2025 net €31,355 ▲68.3% The operating result of €39,806 and the net result of €31,355 are both a record.
Registered-office moveDirector in office: VerelstSteven1 point ▸
- Registered-office move, Zelemsebaan3, 3560Lummen
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750473558
Annual accounts 2024 filed PDFmicro format · 30 days before the deadline
Registered office moved from Turnhout to LummenNew registered office: Zonnestraat 21 bus 3.1 3560 Lummen · Previous registered office: Waterloopstraat 32 bus 5 2300 Turnhout1 point ▸
- Registered-office move, Zonnestraat 21 bus 3.1 3560 Lummen
- The deed holds 1 more point.
2024
Liquidity doubles current ratio 5.41 The current ratio rises from 2.67 to 5.41. Short-term debt falls from €10,614 to €8,752.
Annual accounts 2023 filed PDFmicro format · 30 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 27 days before the deadline
2022
Weakest financial year net €1,915 ▼82.9% The net result drops to €1,915, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 28 days before the deadline
2021
Registered office moved from Mol to TurnhoutNew registered office: Waterloopstraat 32 bus 5, 2300 Turnhout · Previous registered office: Sint-Jozefslaan 55, 2400 Mol1 point ▸
- Registered-office move, Waterloopstraat 32 bus 5, 2300 Turnhout
2020
IncorporationFounding capital of €2,500, 25 shares · Appointment: VERELST Steven Karel Louis Piet (director) · Registered office clause: Sint Jozefslaan 55, 2400 Mol · published on 14-07-20203 points ▸
- Founding capital, €2,500, 25 shares
- Registered office clause, Sint Jozefslaan 55, 2400 Mol
- Director appointment, VERELST Steven Karel Louis Piet
- The deed holds 1 more point.
First establishment Zelemsebaan 3, Lummen
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 10 July 2020, ConstrucTerra was incorporated as a private limited company, with a starting capital of €2,500.12 The registered office moved to Turnhout in 2021 and to Lummen in 2025.34 Of the 2 current board members, 2 have served since 2020.5 Total assets went from €23,312 in 2021 to €52,415 in 2025.6
Company details
Identity
- Enterprise number
- 0750.473.558
- VAT number
- BE 0750.473.558
- Peppol ID
- 0208:0750473558
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 10-07-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 25 June at 13:00deed of 14-07-2020 (in Dutch)
- Peppol
- Reachable since 05-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ConstrucTerra in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “St.-Jozefslaan 55, 2400 Mol”deed of 14-07-2020 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van technisch,architecturaal en bouwkundig advies aan particulieren en professionelen met het creëren van bijhorende…”deed of 14-07-2020 (in Dutch)
11 activities
- Het verlenen van technisch,architecturaal en bouwkundig advies aan particulieren en professionelen met het creëren van bijhorende plannen,berekeningen,nota’s en computermodellen en alle aanverwante activiteiten.
- Het uitwerken en mede-ontwikkelen van projecten in onroerend goed en aanverwante activiteiten in samenwerking met hoofd- en onderaannemers.Hierbij ook de eventuele verhuur en verkoop van dit vastgoed.
- Ontwikkelen van residentiële bouwprojecten
- Bouwarchitecten
- Preventieadviseur
- Ingenieurs en aanverwante technische adviseurs
- Overige gespecialiseerde wetenschappelijke en technische activiteiten
- Patrimoniumvennootschap
- Handel in eigen onroerend goed
- Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering
- Overige zakelijke dienstverlening
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zelemsebaan 3 registered office 3560 Lummen | 10-07-2020 | 2.305.078.306 |
2 former offices
- Waterloopstraat 32 bus 5, 2300 Turnhout until 08-02-2025 · deed of 26-02-2025
- Sint-Jozefslaan 55, 2400 Mol until 21-12-2020 · deed of 08-01-2021
Buildings and parcels at the address
- Ground area
- 1,155 m²
- Buildings
- 253 m²
- Volume, LiDAR
- 1,376 m³
- Tallest building
- 7.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71038D0143/00F000 | 1,155 m² | 1 · 253 m² | 7.7 m · 2 |