CONSTRUCTERRE
ActiveSummary
CONSTRUCTERRE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,745 and a net result of -€3,550. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-4
Solvency73▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.73 in 2024; short-term debt: 28.5% and cash: 9.6% of total assets), and 51.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
48.2%
Return on assets
-4.2%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
34 d early
2023
6 d early
2022
24 d early
2021
51 d early
2020
181 d late
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€40,745▼ 8.0%
2024 · €44,295
Total assets
€84,612▼ 18.5%
2024 · €103,759
Net result
-€3,550▼ 676%
2024 · -€457
Working capital
-€3,284▲ 50.3%
2024 · -€6,602
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,811▼ 53.5%€7,862▲ 35.3%€4,186▼ 46.8%€1,059▼ 74.7%-€2,291
Net result€4,579within the sector's middle half▼ 55.0%€5,842within the sector's middle half▲ 27.6%€3,067within the sector's middle half▼ 47.5%-€457below the sector's middle half-€3,550below the sector's middle half▼ 676%
Equity€35,844within the sector's middle half▲ 14.6%€41,686within the sector's middle half▲ 16.3%€44,752within the sector's middle half▲ 7.4%€44,295within the sector's middle half▼ 1.0%€40,745within the sector's middle half▼ 8.0%
Total assets€113,306within the sector's middle half▲ 132%€83,413within the sector's middle half▼ 26.4%€100,292within the sector's middle half▲ 20.2%€103,759within the sector's middle half▲ 3.5%€84,612within the sector's middle half▼ 18.5%
Debt€77,462▲ 338%€41,727▼ 46.1%€55,539▲ 33.1%€59,464▲ 7.1%€43,867▼ 26.2%
Working capital-€6,072below the sector's middle half€2,729below the sector's middle half-€3,788below the sector's middle half-€6,602below the sector's middle half▼ 74.3%-€3,284below the sector's middle half▲ 50.3%
Solvency31.6%within the sector's middle half▼ 32.2pp50.0%within the sector's middle half▲ 18.3pp44.6%within the sector's middle half▼ 5.4pp42.7%within the sector's middle half▼ 1.9pp48.2%within the sector's middle half▲ 5.5pp
Current ratio0.86below the sector's middle half▼ 1.631.12within the sector's middle half▲ 0.260.86below the sector's middle half▼ 0.260.73below the sector's middle half▼ 0.140.86below the sector's middle half▲ 0.14
Return on assets (ROA)4.0%within the sector's middle half▼ 16.7pp7.0%within the sector's middle half▲ 3.0pp3.1%within the sector's middle half▼ 3.9pp-0.4%below the sector's middle half▼ 3.5pp-4.2%below the sector's middle half▼ 3.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,291 after €1,059 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84,612
Fixed assets
€63,776 ▼ 26.1%
Current assets
€20,836 ▲ 19.1%
Equity and liabilities €84,612
Equity
€40,745 ▼ 8.0%
Debt
€43,867 ▼ 26.2%
Debt's share of the balance-sheet total falls from 57.3% to 51.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24,101▼
2024 · €25,951
Cash flow
€22,842▼
2024 · €24,434
Debt to equity
1.08▼
2024 · 1.34
ROE
-8.7%▼
2024 · -1.0%
Interest coverage
31.68▲
2024 · 26.87
Debt ≤ 1 year
€24,121▲
2024 · €24,102
Debt > 1 year
€19,746▼
2024 · €35,362
Income taxes
€498▼
2024 · €551
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,348 | €17,268 | €18,689 | €24,891 | €26,392 | ▲ 6.0% |
| Other operating charges640/8 | €856 | €782 | €2,964 | €3,157 | €1,287 | ▼ 59.3% |
| Gross operating margin9900 | €18,015 | €25,912 | €25,838 | €29,108 | €25,387 | ▼ 12.8% |
| Operating profit (loss)9901 | €5,811 | €7,862 | €4,186 | €1,059 | -€2,291 | ▼ 316% |
| Financial income75/76B | €280 | €0 | €0 | €0 | €0 | ▼ 40.0% |
| Recurring financial income75 | €280 | €0 | €0 | €0 | €0 | ▼ 40.0% |
| Financial charges65/66B | €1,512 | €613 | €505 | €966 | €761 | ▼ 21.2% |
| Recurring financial charges65 | €1,512 | €613 | €505 | €966 | €761 | ▼ 21.2% |
| Profit (loss) for the period before taxes9903 | €4,579 | €7,250 | €3,681 | €94 | -€3,052 | ▼ 3,359% |
| Income taxes67/77 | €0 | €1,408 | €614 | €551 | €498 | ▼ 9.6% |
| Profit (loss) for the period9904 | €4,579 | €5,842 | €3,067 | -€457 | -€3,550 | ▼ 676% |
| Profit (loss) for the period to be appropriated9905 | €4,579 | €5,842 | €3,067 | -€457 | -€3,550 | ▼ 676% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €113,306 | €83,413 | €100,292 | €103,759 | €84,612 | ▼ 18.5% |
| Fixed assets21/28 | €75,381 | €58,113 | €76,193 | €86,259 | €63,776 | ▼ 26.1% |
| Tangible fixed assets22/27 | €75,381 | €58,113 | €76,193 | €86,259 | €63,776 | ▼ 26.1% |
| Plant, machinery and equipment23 | €1,422 | €776 | €278 | €0 | €2,314 | - |
| Furniture and vehicles24 | €73,960 | €57,338 | €75,915 | €86,259 | €61,462 | ▼ 28.7% |
| Current assets29/58 | €37,925 | €25,300 | €24,099 | €17,500 | €20,836 | ▲ 19.1% |
| Amounts receivable within one year40/41 | €31,661 | €9,585 | €12,272 | €7,748 | €11,626 | ▲ 50.1% |
| Trade receivables40 | €19,682 | €8,637 | €10,893 | €5,678 | €10,307 | ▲ 81.5% |
| Other amounts receivable41 | €11,979 | €947 | €1,379 | €2,070 | €1,319 | ▼ 36.3% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €5,865 | €15,597 | €11,238 | €8,728 | €8,099 | ▼ 7.2% |
| Deferred charges and accrued income490/1 | €399 | €118 | €589 | €1,024 | €1,111 | ▲ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €113,306 | €83,413 | €100,292 | €103,759 | €84,612 | ▼ 18.5% |
| Equity10/15 | €35,844 | €41,686 | €44,752 | €44,295 | €40,745 | ▼ 8.0% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €24,859 | €24,859 | €24,859 | €24,859 | €24,859 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | €23,000 | €23,000 | €24,859 | €24,859 | €24,859 | = |
| Profit (loss) carried forward14 | €4,788 | €10,629 | €13,696 | €13,239 | €9,688 | ▼ 26.8% |
| Amounts payable17/49 | €77,462 | €41,727 | €55,539 | €59,464 | €43,867 | ▼ 26.2% |
| Amounts payable after more than one year17 | €33,465 | €19,157 | €27,652 | €35,362 | €19,746 | ▼ 44.2% |
| Financial debts170/4 | €33,465 | €19,157 | €27,652 | €35,362 | €19,746 | ▼ 44.2% |
| Amounts payable within one year42/48 | €43,997 | €22,571 | €27,887 | €24,102 | €24,121 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | €19,111 | €14,308 | €15,143 | €16,792 | €15,616 | ▼ 7.0% |
| Trade debts44 | €212 | €195 | €4,407 | €388 | €1,402 | ▲ 261% |
| Suppliers440/4 | €212 | €195 | €4,407 | €388 | €1,402 | ▲ 261% |
| Taxes, remuneration and social security45 | €9,078 | €5,043 | €5,043 | €3,741 | €3,791 | ▲ 1.3% |
| Taxes450/3 | €3,732 | €3,243 | €3,243 | €1,941 | €1,991 | ▲ 2.6% |
| Remuneration and social security454/9 | €5,346 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Other amounts payable47/48 | €15,596 | €3,024 | €3,295 | €3,181 | €3,312 | ▲ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,579 | €5,842 | €3,067 | -€457 | -€3,550 | ▼ 676% |
| + Depreciation and write-downs630 | €11,348 | €17,268 | €18,689 | €24,891 | €26,392 | ▲ 6.0% |
| Operating cash flow (approximation) | €15,927 | €23,109 | €21,755 | €24,434 | €22,842 | ▼ 6.5% |
| Investment in fixed assets (approximation) | - | €0 | -€36,769 | -€34,958 | -€3,909 | ▲ 88.8% |
| Change in cash | - | €9,732 | -€4,360 | -€2,510 | -€629 | ▲ 74.9% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€3,550
Net result drops to -€3,550, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 181 days late
2020
31-12
Financial
Back to profitnet €10,175
Net result €10,175 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 148 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Thimister-Clermont · 1 establishment unit since 1998
Ground area
99 m²
Parcel 63017C0589/00B002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée Charlemagne 101, 4890 Thimister-Clermont
since 19982.086.109.219
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63017C0589/00B002 | Wallonia | 99 m² | - | - |
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.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,493. 4,583 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
Founded20-03-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462797094
Also
9925:BE0462797094
Registered
24-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.