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CONSTRUCTIE DE BLOCK

Active
Private limited companyfounded 2003active for 23 yearsPrinsenstraat(STE) 34B, 9190 Stekene, BelgiumKBO/BCE: BE 0860.112.064

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CONSTRUCTIE DE BLOCK has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €35,009. Equity has been growing by about 7.1% per year since 2019. Its solvency ranks better than 95% of 2,331 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

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Financial year ended
30-06-2025
Filed on
22-12-2025
Format
micro format
Reference
2025-00587915
Turnover
≈ €350,000
Estimated: probably between €230,000 and €540,000
Total assets
€1.2m▼ 9.4%
2024 · €1.3m
Net result
€35,009▼ 77.8%
2024 · €157,764
Working capital
€270,989▼ 51.9%
2024 · €563,729
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 81% lower than in 2024 and the lowest since 2021.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€0.04m 2025 Net result€0.04m 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.1m▼ 58.6%€0.1m▼ 29.0%€0.2m▲ 151%€0.2m▼ 32.1%€0.2m▲ 36.9%€0.04m▼ 81.0%
Net result€0.2m-€0.09mwithin the sector's middle half▼ 57.3%€0.08mwithin the sector's middle half▼ 15.2%€0.2mwithin the sector's middle half▲ 122%€0.1mwithin the sector's middle half▼ 33.0%€0.2mwithin the sector's middle half▲ 32.9%€0.04mabove the sector's middle half▼ 77.8%
Equity€0.8m-€0.9mwithin the sector's middle half▲ 11.3%€1.0mwithin the sector's middle half▲ 2.9%€1.0mwithin the sector's middle half▲ 8.6%€1.2mwithin the sector's middle half▲ 11.5%€1.2mwithin the sector's middle half▲ 5.4%€1.1mabove the sector's middle half▼ 9.3%
Total assets€1.1m-€1.1mwithin the sector's middle half▲ 4.4%€1.4mwithin the sector's middle half▲ 24.7%€1.2mwithin the sector's middle half▼ 16.5%€1.3mwithin the sector's middle half▲ 8.8%€1.3mwithin the sector's middle half▲ 1.8%€1.2mabove the sector's middle half▼ 9.4%
Debt€0.3m-€0.2m▼ 17.9%€0.5m▲ 119%€0.1m▼ 67.9%€0.1m▼ 10.0%€0.1m▼ 29.2%€0.09m▼ 10.9%
Working capital€0.6m-€0.7mwithin the sector's middle half▲ 19.6%€0.8mwithin the sector's middle half▲ 17.2%€0.4mwithin the sector's middle half▼ 52.8%€0.5mwithin the sector's middle half▲ 23.9%€0.6mwithin the sector's middle half▲ 23.2%€0.3mabove the sector's middle half▼ 51.9%
Solvency76.2%-81.3%above the sector's middle half▲ 5.1pp67.1%above the sector's middle half▼ 14.2pp87.4%above the sector's middle half▲ 20.2pp89.5%above the sector's middle half▲ 2.2pp92.7%above the sector's middle half▲ 3.2pp92.8%above the sector's middle half▲ 0.1pp
Current ratio6.17-11.31above the sector's middle half▲ 5.144.16above the sector's middle half▼ 7.153.47above the sector's middle half▼ 0.694.41above the sector's middle half▲ 0.947.03above the sector's middle half▲ 2.624.27above the sector's middle half▼ 2.76
Return on assets (ROA)20.2%-8.3%within the sector's middle half▼ 11.9pp5.6%within the sector's middle half▼ 2.6pp15.0%above the sector's middle half▲ 9.3pp9.2%within the sector's middle half▼ 5.7pp12.0%above the sector's middle half▲ 2.8pp2.9%within the sector's middle half▼ 9.1pp
Staff (FTE)1.7-2.7below the sector's middle half▲ 58.8%2.9below the sector's middle half▲ 7.4%2.8below the sector's middle half▼ 3.4%2.7below the sector's middle half▼ 3.6%1.3below the sector's middle half▼ 51.9%1▼ 23.1%
above within below The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Net result -78% on 2024. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €835,021 ▲ 27.5%
Current assets €353,960 ▼ 46.1%
Equity and liabilities €1.2m
Equity €1.1m ▼ 9.3%
Debt €85,027 ▼ 10.9%
Debt's share of the balance-sheet total falls from 7.3% to 7.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€87,832▼
2024 · €270,947
Cash flow
€79,619▼
2024 · €201,411
Debt to equity
0.08▼
2024 · 0.08
ROE
3.2%▼
2024 · 13.0%
Interest coverage
35.07▼
2024 · over 100
Debt ≤ 1 year
€82,971▼
2024 · €93,487
Income taxes
€21,812▼
2024 · €73,715
Staff costs
€42,970▼
2024 · €52,545
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 17,041 companies had the same profile as CONSTRUCTIE DE BLOCK has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CONSTRUCTIE DE BLOCK itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 17,041 companies, not a prediction for CONSTRUCTIE DE BLOCK. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines

Source: Annual accounts 2025 (PDF), filed on 22-12-2025.

Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.2m▼
Fixed assets21/28€0.7m€0.8m▲
Tangible fixed assets22/27€0.7m€0.8m▲
Land and buildings22€0.6m€0.8m▲
Plant, machinery and equipment23€0.04m€0.03m▼
Furniture and vehicles24€0.03m€0.02m▼
Assets under construction and advance payments27€0-
Financial fixed assets28€25€25=
Current assets29/58€0.7m€0.4m▼
Amounts receivable within one year40/41€0.4m€0.3m▼
Trade receivables40€0.2m€0.1m▼
Other amounts receivable41€0.2m€0.2m▼
Current investments50/53€50€4▼
Cash at bank and in hand54/58€0.3m€0.05m▼
Deferred charges and accrued income490/1€0.008m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.2m▼
Equity10/15€1.2m€1.1m▼
Contributions10/11€0.02m€0.02m=
Reserves13€1.2m€1.1m▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€1.0m€0.9m▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.1m€0.09m▼
Amounts payable within one year42/48€0.09m€0.08m▼
Trade debts44€0.08m€0.08m▼
Suppliers440/4€0.08m€0.08m▼
Advances received on contracts in progress46€0.001m€0▼
Taxes, remuneration and social security45€0.006m€0.006m▲
Taxes450/3€0.002m€384▼
Remuneration and social security454/9€0.004m€0.006m▲
Other amounts payable47/48€0.009m€0▼
Accrued charges and deferred income492/3€0.002m€0.002m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.05m€0.04m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.04m▲
Other operating charges640/8€0.01m€0.009m▼
Non-recurring operating charges66A€0-
Gross operating margin9900€0.3m€0.1m▼
Operating profit (loss)9901€0.2m€0.04m▼
Financial income75/76B€0.007m€0.02m▲
Recurring financial income75€0.007m€0.02m▲
Financial charges65/66B€0.003m€0.003m▼
Recurring financial charges65€0.003m€0.003m▼
Profit (loss) for the period before taxes9903€0.2m€0.06m▼
Income taxes67/77€0.07m€0.02m▼
Profit (loss) for the period9904€0.2m€0.04m▼
Transfer from tax-exempt reserves789€0.07m€0.05m▼
Transfer to tax-exempt reserves689€0.04m€0▼
Profit (loss) for the period to be appropriated9905€0.2m€0.09m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.09m▼
Transfer from equity791/2€0.09m€0.1m▲
Transfer to equity691/2€0.2m€0.09m▼
To other reserves6921€0.2m€0.09m▼
Profit to be distributed694/7€0.09m€0.1m▲
Return on contributions (dividend)694€0.09m€0.1m▲
Social balance sheet
Average headcount (FTE)90871.3-

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A---€2,326€0---
Remuneration, social security and pensions62---€76,161€97,920€52,545€42,970▼ 18.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,260€26,931€27,032€31,926€41,790€43,648€44,611▲ 2.2%
Other operating charges640/8---€3,563€6,432€10,318€9,194▼ 10.9%
Non-recurring operating charges66A---€2,326€739€0--
Gross operating margin9900€445,412€256,245€197,563€358,328€312,917€333,810€139,996▼ 58.1%
Operating profit (loss)9901€330,887€137,079€97,333€244,353€166,035€227,299€43,221▼ 81.0%
Financial income75/76B---€7,032€1,634€6,785€16,104▲ 137%
Recurring financial income75€799€2,478€15,415€7,032€1,634€6,785€16,104▲ 137%
Financial charges65/66B---€9,486€2,545€2,606€2,504▼ 3.9%
Recurring financial charges65€7,065€7,877€4,346€9,486€2,545€2,606€2,504▼ 3.9%
Profit (loss) for the period before taxes9903€324,621€131,679€108,227€241,900€165,125€231,478€56,821▼ 75.5%
Income taxes67/77€104,377€37,587€28,431€64,770€46,421€73,715€21,812▼ 70.4%
Profit (loss) for the period9904€220,244€94,092€79,796€177,130€118,704€157,764€35,009▼ 77.8%
Transfer from tax-exempt reserves789---€77,500€62,000€72,580€54,730▼ 24.6%
Transfer to tax-exempt reserves689---€46,500€71,570€37,890€0▼ 100%
Profit (loss) for the period to be appropriated9905€147,664€39,362€79,796€208,130€109,134€192,454€89,739▼ 53.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.4m€1.2m€1.3m€1.3m€1.2m▼ 9.4%
Fixed assets21/28€0.4m€0.4m€0.4m€0.7m€0.7m€0.7m€0.8m▲ 27.5%
Tangible fixed assets22/27€0.4m€0.4m€0.4m€0.7m€0.7m€0.7m€0.8m▲ 27.5%
Land and buildings22---€0.5m€0.5m€0.6m€0.8m▲ 33.2%
Plant, machinery and equipment23---€0.02m€0.04m€0.04m€0.03m▼ 13.1%
Furniture and vehicles24---€0.06m€0.04m€0.03m€0.02m▼ 35.2%
Assets under construction and advance payments27---€0.07m€0.1m€0--
Financial fixed assets28--€25€25€25€25€25=
Current assets29/58€0.7m€0.7m€1.0m€0.5m€0.6m€0.7m€0.4m▼ 46.1%
Stocks and contracts in progress3-€0.3m€0.5m€0----
Stocks30/36---€0----
Amounts receivable within one year40/41€0.2m€0.3m€0.2m€0.1m€0.1m€0.4m€0.3m▼ 20.2%
Trade receivables40---€0.1m€0.1m€0.2m€0.1m▼ 24.0%
Other amounts receivable41---€0.008m€0.02m€0.2m€0.2m▼ 17.5%
Current investments50/53€0.07m€0.1m€0.07m€0.3m€48€50€4▼ 92.3%
Cash at bank and in hand54/58€0.4m€0.04m€0.2m€0.1m€0.4m€0.3m€0.05m▼ 82.1%
Deferred charges and accrued income490/1---€0.009m€0.01m€0.008m€0.01m▲ 15.9%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.4m€1.2m€1.3m€1.3m€1.2m▼ 9.4%
Equity10/15€0.8m€0.9m€1.0m€1.0m€1.2m€1.2m€1.1m▼ 9.3%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.6m€0.7m€0.9m€1.0m€1.1m€1.2m€1.1m▼ 9.4%
Non-distributable reserves130/1---€0.002m€0.002m€0--
Reserves not available under the articles1311---€0.002m€0.002m€0--
Tax-exempt reserves132---€0.2m€0.3m€0.2m€0.2m▼ 24.7%
Distributable reserves133---€0.8m€0.9m€1.0m€0.9m▼ 5.9%
Profit (loss) carried forward14€0.2m€0.2m-€0€0€0€0-
Amounts payable17/49€0.3m€0.2m€0.5m€0.1m€0.1m€0.1m€0.09m▼ 10.9%
Amounts payable after more than one year17€0.2m€0.1m€0.2m€0----
Financial debts170/4---€0----
Amounts payable within one year42/48€0.1m€0.06m€0.2m€0.1m€0.1m€0.09m€0.08m▼ 11.2%
Trade debts44€0.04m€0.06m€0.2m€0.06m€0.07m€0.08m€0.08m▼ 1.3%
Suppliers440/4---€0.06m€0.07m€0.08m€0.08m▼ 1.3%
Advances received on contracts in progress46---€0.01m€0€0.001m€0▼ 100%
Taxes, remuneration and social security45---€0.06m€0.04m€0.006m€0.006m▲ 8.5%
Taxes450/3---€0.05m€0.04m€0.002m€384▼ 83.9%
Remuneration and social security454/9---€0.01m€0.009m€0.004m€0.006m▲ 71.5%
Other amounts payable47/48---€0.02m€0.02m€0.009m€0▼ 100%
Accrued charges and deferred income492/3---€0€480€0.002m€0.002m▲ 4.9%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€220,244€94,092€79,796€177,130€118,704€157,764€35,009▼ 77.8%
+ Depreciation and write-downs630€46,260€26,931€27,032€31,926€41,790€43,648€44,611▲ 2.2%
Operating cash flow (approximation)€266,504€121,023€106,828€209,056€160,494€201,411€79,619▼ 60.5%
Investment in fixed assets (approximation)--€8,290-€10,330-€307,821-€72,710-€1,895-€224,791▼ 11,760%
Change in cash--€336,741€200,424-€118,747€317,496-€154,712-€230,360▼ 48.9%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 22-12-2025 2025-00587915 PDF
30-06-2024 abbreviated format 20-12-2024 2024-00621537 PDF
30-06-2023 abbreviated format 21-12-2023 2023-00533918 PDF
30-06-2022 abbreviated format 24-01-2023 2023-00009433 PDF
30-06-2021 abbreviated format 11-01-2022 2022-00700199 PDF
30-06-2020 abbreviated format 24-12-2020 2020-77100335 PDF
30-06-2019 micro format 23-01-2020 2020-02000490 PDF
30-06-2018 micro format 17-01-2019 2019-01700122 PDF
30-06-2017 micro format 15-02-2018 2018-05200179 PDF
30-06-2016 abbreviated format 27-02-2017 2017-05400233 PDF

Show all 22 filings

Comparable companies

These companies have the same main activity as CONSTRUCTIE DE BLOCK: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €919,000 and €1.4m, founded between 1999 and 2006.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
CONSTRUCTIE DE BLOCK Stekene2003€1.2m€1.1m€0.1m€0.04m-2025
NEREMAT CONCRETE Seneffe2006€1.0m€0.1m€0.1m€0.07m-2025
DECANCQ Houthulst1999€1.3m€0.3m€0.2m-€0.001m-2025
CONSTRUCTIE DEWITTE Pittem2003€1.4m€0.5m€0.2m€0.02m12025
DERAEDT CONSTRUCT Estaimpuis2005€1.0m€0.4m€0.2m€0.05m-2025
GENERAL BUILDING & ROOF PROTECTION Houthalen-Helchteren2003€0.9m€0.7m€0.2m€0.004m2.42025
MANOR GHENT Gent2006€1.2m€0.9m€0.2m€0.1m-2025

They were chosen from the 2,093 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.