Equity
CONSTRUCTION has made a profit without a break since 2022.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 44% of them on solvency, 14% on liquidity, 19% on profitability and 38% 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 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).
In July 2024, 17,041 companies had the same profile as CONSTRUCTION has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONSTRUCTION itself: 0.7% within 12 months.
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 17,041 companies, not a prediction for CONSTRUCTION. 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.
Liquidity is tight, with a current ratio of 1.14 (1.1 in 2024), below the usual 1.5. Short-term debt is 63.1% and cash 0% of total assets. 63.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| CONSTRUCTION Schilde | €317,520 | €13,406 | 36.9% | - |
| MTF CONSTRUCT Woluwe-Saint-Pierre | €302,179 | €14,665 | 19.6% | - |
| SOLID DESIGN Woluwe-Saint-Pierre | €303,648 | €15,013 | 4.7% | - |
| ARCOM Bruges | €335,083 | €12,192 | 37.7% | 1 |
| GIOVANNI BOSCARINO Liège | €280,379 | €10,992 | 31.3% | - |
| ABRAN Temse | €335,827 | €17,072 | -55.2% | - |
| D.F. - BOUW Roosdaal | €282,626 | €15,453 | 52.6% | - |
These companies have the same main activity as CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €280,000 and €336,000, founded between 1990 and 1998.
CONSTRUCTION files the abbreviated format. That format states no turnover. The gross margin fell from €96,918 in 2006 to €13,406 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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.
Turnover ≈ €170,000. Estimated: probably between €79,000 and €320,000.
Higher than 48% of 2,815 companies in 2025.
Higher than 29% of 2,744 companies in 2025.
Higher than 29% of 2,780 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
317,520 | 375,328 | 416,663 | 364,635 | 337,459 | 363,741 | 421,787 | 653,550 | 650,947 | 641,985 | 633,161 | 649,415 | 805,077 | 1.0m | 1.1m | 1.1m | 893,987 | 517,379 | 514,384 | 529,740 | |
20 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
21/28 |
88,720 | 88,896 | 89,072 | 89,248 | 74,996 | 75,365 | 129,534 | 433,380 | 472,565 | 511,751 | 550,936 | 590,122 | 671,465 | 927,454 | 953,362 | 1.0m | 688,010 | 432,100 | 442,931 | 466,397 | |
21 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
22/27 |
88,720 | 88,896 | 89,072 | 89,248 | 74,996 | 75,365 | 129,534 | 433,380 | 472,565 | 511,751 | 550,936 | 590,122 | 671,316 | 927,305 | 953,213 | 1.0m | 687,861 | 431,951 | 442,533 | 465,998 | |
22 |
88,720 | 88,896 | 89,072 | 89,248 | 74,537 | 74,537 | 129,534 | 433,380 | 472,565 | 511,751 | 550,936 | 590,122 | 671,316 | 927,305 | 953,213 | 1.0m | 687,861 | 431,113 | 436,895 | 454,123 | |
23 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | 838 | 5,638 | 9,493 | |
24 |
- | - | - | 0 | 459 | 827 | - | - | - | - | 0 | - | - | - | - | - | - | - | - | 2,382 | |
26 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | 0 | - | 149 | 149 | 149 | 149 | 149 | 149 | 399 | 399 | |
29/58 |
228,800 | 286,432 | 327,591 | 275,387 | 262,462 | 288,376 | 292,253 | 220,170 | 178,381 | 130,234 | 82,225 | 59,293 | 133,612 | 103,737 | 155,940 | 75,790 | 205,977 | 85,279 | 71,453 | 63,343 | |
29 |
187,431 | 253,828 | 273,616 | 270,101 | 222,857 | 254,936 | - | - | - | - | - | 6,739 | 5,625 | 13,125 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
291 |
187,431 | 253,828 | 273,616 | 270,101 | 222,857 | 254,936 | - | - | - | - | 0 | 6,739 | 5,625 | 13,125 | - | - | - | - | - | - | |
3 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
40/41 |
21,570 | 18,570 | 45,342 | 4,937 | 38,688 | 32,552 | 292,038 | 218,172 | 178,373 | 130,160 | 82,222 | 52,375 | 127,760 | 90,437 | 154,341 | 74,468 | 70,894 | 85,051 | 69,383 | 55,843 | |
40 |
21,570 | 18,510 | 42,517 | 2,489 | 29,759 | 32,531 | 56,375 | 65,185 | 103,458 | 130,031 | 81,515 | 51,469 | 102,145 | 43,030 | 92,743 | 14,324 | 2,368 | 46,709 | 47,712 | 40,992 | |
41 |
0 | 60 | 2,825 | 2,448 | 8,928 | 21 | 235,663 | 152,986 | 74,915 | 129 | 706 | 906 | 25,615 | 47,407 | 61,598 | 60,144 | 68,526 | 38,342 | 21,671 | 14,851 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
54/58 |
21 | 15 | 47 | 313 | 329 | 134 | 215 | 1,998 | 9 | 74 | 3 | 179 | 227 | 175 | 276 | - | 131,180 | 228 | 2,070 | 2,070 | |
490/1 |
19,778 | 14,018 | 8,586 | 36 | 588 | 754 | - | - | - | - | 0 | - | - | - | 1,323 | 1,322 | 3,904 | - | - | 5,430 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
317,520 | 375,328 | 416,663 | 364,635 | 337,459 | 363,741 | 421,787 | 653,550 | 650,947 | 641,985 | 633,161 | 649,415 | 805,077 | 1.0m | 1.1m | 1.1m | 893,987 | 517,379 | 514,384 | 529,740 | |
10/15 |
117,214 | 116,110 | 110,969 | 86,237 | 80,424 | 85,681 | 84,125 | 57,701 | 40,155 | 37,758 | 28,801 | 25,877 | 4,804 | -133,039 | -16,482 | 88,317 | 91,457 | 95,086 | 79,025 | 77,409 | |
10/11 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
10 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | 61,973 | |
101 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
11 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
12 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
13 |
42,990 | 41,886 | 36,744 | 12,013 | 6,200 | 6,200 | 6,200 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 77,869 | 1,656 | 853 | 772 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 2,890 | 1,656 | 1,656 | 853 | 772 | |
1312 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 76,213 | - | - | - | |
133 |
36,790 | 35,686 | 30,544 | 5,813 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
14 |
12,251 | 12,251 | 12,251 | 12,251 | 12,251 | 17,508 | 15,952 | -7,163 | -24,708 | -27,106 | -36,062 | -38,987 | -60,059 | -197,902 | -81,346 | 23,454 | -48,385 | 31,457 | 16,199 | 14,664 | |
15 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39,244 | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 39,244 | - | - | - | |
17/49 |
200,306 | 259,218 | 305,694 | 278,398 | 257,034 | 278,060 | 337,662 | 595,849 | 610,791 | 604,228 | 604,360 | 623,538 | 800,273 | 1.2m | 1.1m | 992,325 | 763,286 | 422,293 | 435,359 | 452,330 | |
17 |
- | - | - | - | - | - | - | 58,778 | 82,881 | 105,825 | 127,664 | 148,454 | 195,057 | 246,932 | 302,912 | 356,611 | 416,310 | 224,098 | 268,654 | 312,435 | |
170/4 |
- | - | - | - | - | - | - | 58,778 | 82,881 | 105,825 | 127,664 | 148,454 | 195,057 | 246,932 | 302,912 | 356,611 | 416,310 | 224,098 | 268,654 | 312,435 | |
175 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
42/48 |
200,217 | 259,218 | 305,694 | 278,398 | 257,034 | 278,060 | 337,662 | 537,071 | 527,910 | 498,403 | 476,695 | 475,084 | 605,216 | 917,298 | 822,872 | 635,715 | 346,556 | 198,196 | 166,705 | 139,895 | |
42 |
- | - | - | 2,178 | - | - | - | 24,103 | 25,248 | 21,840 | 20,789 | 57,570 | 96,071 | 60,752 | 56,175 | 87,790 | 57,788 | 43,956 | 46,145 | 44,381 | |
43 |
132,000 | 186,556 | 192,595 | 214,500 | 214,500 | 217,083 | 229,571 | 404,669 | 387,066 | 380,127 | 383,670 | 358,023 | 365,441 | 672,867 | 685,076 | 440,685 | 200,833 | 25,777 | 39,836 | 39,577 | |
430/8 |
132,000 | 186,556 | 192,595 | 214,500 | 214,500 | 217,083 | 229,571 | 404,669 | 387,066 | 380,127 | 383,670 | 358,023 | 365,441 | 672,867 | 685,076 | 440,685 | 200,833 | 25,777 | 39,836 | 39,577 | |
439 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
44 |
51,504 | 68,895 | 113,099 | 53,768 | 31,456 | 15,447 | 71,791 | 71,549 | 70,896 | 11,163 | 19,675 | 16,911 | 72,576 | 132,956 | 11,405 | 13,349 | 26,268 | 63,597 | 13,488 | 11,715 | |
440/4 |
51,504 | 68,895 | 113,099 | 53,768 | 31,456 | 15,447 | 71,791 | 71,549 | 70,896 | 11,163 | 19,675 | 16,911 | 72,576 | 132,956 | 11,405 | 13,349 | 26,268 | 63,597 | 13,488 | 11,715 | |
441 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
46 |
- | - | 0 | 3,990 | - | - | - | - | - | - | 0 | - | 27,266 | 27,237 | 46,834 | 179 | - | - | 25,865 | 25,865 | |
45 |
8,689 | 3,767 | 0 | 3,963 | 364 | 34,816 | 36,300 | 36,750 | 44,700 | 38,617 | 42,463 | 40,316 | 41,597 | 18,971 | 17,966 | 15,909 | 10,215 | 2,902 | 9,987 | 17,241 | |
450/3 |
8,689 | 3,767 | 0 | 3,963 | 364 | 34,816 | 36,300 | 36,750 | 44,700 | 38,617 | 42,463 | 40,316 | 38,545 | 15,919 | 7,782 | 6,820 | 7,956 | 295 | 9,367 | 13,203 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | 0 | - | 3,052 | 3,052 | 10,184 | 9,089 | 2,259 | 2,607 | 620 | 4,038 | |
47/48 |
8,024 | - | - | 0 | 10,714 | 10,714 | - | - | - | 46,656 | 10,098 | 2,265 | 2,265 | 4,515 | 5,415 | 77,802 | 51,452 | 61,964 | 31,384 | 1,116 | |
492/3 |
89 | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 420 | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | - | - | - | 0 | 69,465 | - | - | - | - | 116,279 | - | 4,104 | - | |
9900 |
13,406 | 19,458 | 46,317 | 29,538 | 5,612 | 26,798 | 160,871 | 91,515 | 79,280 | 87,499 | 93,426 | 45,639 | 238,651 | 71,886 | 46,570 | 39,383 | -24,828 | 82,810 | 95,407 | 96,918 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
62 |
- | - | - | - | - | - | - | - | - | - | 0 | -103 | 103 | 11,223 | 28,470 | 10,170 | 3,227 | 17,141 | 29,297 | 20,676 | |
630 |
176 | 176 | 176 | 13 | 368 | 278 | 19,227 | 39,185 | 39,186 | 39,186 | 39,186 | 54,460 | 43,750 | 65,712 | 42,946 | 25,143 | 31,252 | 25,582 | 22,524 | 29,758 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | 1,006 | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
640/8 |
1,053 | 972 | 1,040 | 14,691 | 462 | 2,046 | 4,164 | 3,857 | 6,305 | 4,637 | 4,217 | 4,971 | 4,992 | 4,873 | 3,746 | 4,658 | 3,521 | 4,054 | 5,098 | 7,523 | |
649 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
66A |
- | - | - | - | 0 | 8,278 | 84,619 | - | - | - | 0 | - | - | 875 | - | - | - | - | - | - | |
9901 |
12,177 | 18,310 | 45,102 | 14,834 | 4,782 | 16,197 | 52,861 | 48,473 | 33,789 | 43,677 | 50,024 | -13,688 | 189,805 | -9,922 | -28,591 | -587 | -62,828 | 36,033 | 37,483 | 38,961 | |
75/76B |
6,123 | 7,381 | 7,096 | 6,350 | 5,666 | 7,126 | - | - | - | - | 8 | 12,749 | - | 5,057 | 511 | 6,953 | 4,459 | 9,507 | 1,693 | 169 | |
75 |
6,123 | 7,381 | 7,096 | 6,350 | 5,666 | 7,126 | - | - | - | - | 8 | 12,749 | - | 5,057 | 511 | 6,953 | 4,459 | 9,507 | 1,693 | 169 | |
65/66B |
11,992 | 17,136 | 17,325 | 14,740 | 15,289 | 10,757 | 26,436 | 30,928 | 31,391 | 34,720 | 47,107 | 47,453 | 51,962 | 110,816 | 76,719 | 48,767 | 23,107 | 20,938 | 23,098 | 24,081 | |
65 |
11,992 | 17,136 | 17,325 | 14,740 | 15,289 | 10,757 | 26,436 | 30,928 | 31,391 | 34,720 | 47,107 | 47,453 | 51,962 | 110,816 | 76,719 | 48,767 | 23,107 | 20,938 | 23,098 | 24,081 | |
9903 |
6,309 | 8,555 | 34,873 | 6,444 | -4,840 | 12,566 | 26,425 | 17,545 | 2,398 | 8,956 | 2,925 | 21,073 | 137,843 | -116,556 | -104,800 | -42,402 | 34,803 | 24,602 | 20,181 | 15,049 | |
67/77 |
5,205 | 3,414 | 10,141 | 632 | 416 | 296 | - | - | - | - | 0 | - | - | 0 | - | -18 | -813 | 8,541 | 18,565 | 4,345 | |
9904 |
1,104 | 5,141 | 24,732 | 5,813 | -5,257 | 12,270 | 26,425 | 17,545 | 2,398 | 8,956 | 2,925 | 21,073 | 137,843 | -116,556 | -104,800 | -3,140 | -3,628 | 16,061 | 1,616 | 10,704 | |
789 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | 76,213 | 542 | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | 76,756 | - | - | - | |
9905 |
1,104 | 5,141 | 24,732 | 5,813 | -5,257 | 12,270 | 26,425 | 17,545 | 2,398 | 8,956 | 2,925 | 21,073 | 137,843 | -116,556 | -104,800 | 73,074 | -79,842 | 16,061 | 1,616 | 10,704 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
13,355 | 17,392 | 36,983 | 18,064 | 12,251 | 28,222 | 19,262 | -7,163 | -24,708 | -27,106 | -36,062 | -38,987 | -60,059 | -197,902 | -81,346 | 24,688 | -48,385 | 32,260 | 16,280 | 15,199 | |
14P |
12,251 | 12,251 | 12,251 | 12,251 | 17,508 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
691/2 |
1,104 | 5,141 | 24,732 | 5,813 | - | - | 3,310 | - | - | - | - | - | - | - | - | 1,234 | - | 803 | 81 | 535 | |
691 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | 3,310 | - | - | - | 0 | - | - | - | - | 1,234 | - | 803 | 81 | 535 | |
6921 |
1,104 | 5,141 | 24,732 | 5,813 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | 0 | 10,714 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | - | - | - | 0 | 10,714 | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 0.2 | 1 | 0.3 | 0.1 | 0.6 | 1.3 | 0.9 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 326 | 1,702 | 608 | 20 | 729 | 2,084 | 1,398 | |
| Document | |||||||||||||||||||||
The accounts for 11 older financial years (1995-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-07-2026 | 2026-00246592 | |
| 31-12-2024 | micro format | 22-06-2025 | 2025-00161789 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00375125 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00276453 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20254100 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-75400256 | |
| 31-12-2019 | micro format | 30-08-2020 | 2020-45800262 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55300524 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-57000168 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-58900028 | |
| 31-12-2015 | abbreviated format | 12-09-2016 | 2016-59600057 | |
| 31-12-2014 | abbreviated format | 27-08-2015 | 2015-53000243 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-56500132 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-56300171 | |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-52500432 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-47700521 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-47400441 | |
| 31-12-2008 | abbreviated format | 25-08-2009 | 2009-63500160 | |
| 31-12-2007 | abbreviated format | 25-08-2008 | 2008-63100290 | |
| 31-12-2006 | abbreviated format | 24-08-2007 | 2007-59400385 | |
| 31-12-2005 | abbreviated format | 24-08-2006 | 2006-65601841 | |
| 31-12-2004 | abbreviated format | 27-09-2005 | 2005-71003655 | |
| 31-12-2003 | abbreviated format | 27-12-2004 | 2004-88800170 | |
| 31-12-2002 | abbreviated format | 27-10-2003 | 2003-76204500 | |
| 31-12-2001 | abbreviated format | 08-10-2002 | 2002-64005094 | |
| 31-12-2000 | abbreviated format | 05-11-2001 | 2001-68102382 | |
| 31-12-1999 | abbreviated format | 04-10-2000 | 2000-61403718 | |
| 31-12-1998 | abbreviated format | 22-11-1999 | 1999-59605061 | |
| 31-12-1997 | abbreviated format | 18-05-1998 | 1998-10004144 | |
| 31-12-1996 | abbreviated format | 30-10-1997 | 1997-51203010 | |
| 31-12-1995 | abbreviated format | 03-06-1996 | 1996-12002662 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,353 | 18,486 | 45,277 | 14,847 | 5,150 | 16,475 | 72,087 | 87,659 | 72,975 | 82,862 | 89,209 | 40,772 | 233,555 | 55,790 | 14,355 | 24,555 | -31,577 | 61,615 | 60,006 | 68,720 | ||
| 1,280 | 5,317 | 24,907 | 5,826 | -4,888 | 12,548 | 45,651 | 56,730 | 41,583 | 48,142 | 42,110 | 75,533 | 181,593 | -50,845 | -61,854 | 22,003 | 27,623 | 41,642 | 24,139 | 40,463 | ||
| 0 | 0 | 0 | 14,723 | 0 | 1,105 | -284,619 | 0 | 0 | 0 | 0 | -26,883 | -212,239 | 132,838 | 75,798 | 341,986 | 420,883 | 15,000 | 607 | 67,255 | ||
| 6 | -32 | -265 | -16 | 195 | -81 | -1,783 | 1,989 | -65 | 71 | -176 | -48 | 53 | -101 | - | - | 130,951 | -1,842 | 0 | - | ||
| 28,583 | 27,214 | 21,897 | -3,010 | 5,428 | 10,316 | -45,409 | -316,901 | -349,529 | -368,169 | -394,471 | -415,791 | -471,604 | -813,561 | -666,932 | -559,925 | -140,579 | -112,916 | -95,252 | -76,552 | ||
| 36.9% | 30.9% | 26.6% | 23.7% | 23.8% | 23.6% | 19.9% | 8.8% | 6.2% | 5.9% | 4.5% | 4.0% | 0.6% | -12.9% | -1.5% | 8.2% | 10.2% | 18.4% | 15.4% | 14.6% | ||
| 1.14 | 1.10 | 1.07 | 0.99 | 1.02 | 1.04 | 0.87 | 0.41 | 0.34 | 0.26 | 0.17 | 0.12 | 0.22 | 0.11 | 0.19 | 0.12 | 0.59 | 0.43 | 0.43 | 0.45 | ||
| 1.71 | 2.23 | 2.75 | 3.23 | 3.20 | 3.25 | 4.01 | 10.33 | 15.21 | 16.00 | 20.98 | 24.10 | - | - | - | 11.24 | 8.35 | 4.44 | 5.51 | 5.84 | ||
| 0.9% | 4.4% | 22.3% | 6.7% | -6.5% | 14.3% | 31.4% | 30.4% | 6.0% | 23.7% | 10.2% | 81.4% | - | - | - | -3.6% | -4.0% | 16.9% | 2.0% | 13.8% | ||
| 0.3% | 1.4% | 5.9% | 1.6% | -1.6% | 3.4% | 6.3% | 2.7% | 0.4% | 1.4% | 0.5% | 3.2% | 17.1% | -11.3% | -9.4% | -0.3% | -0.4% | 3.1% | 0.3% | 2.0% | ||
| 1.03 | 1.08 | 2.61 | 1.01 | 0.34 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €214,500 | €214,500 | €214,500 | €214,500 | €214,500 |
| Carrying value of the mortgaged assets | €84,971 | €84,971 | €84,971 | €89,248 | €74,537 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €14,723 | - |
| €176 | €176 | €176 | €13 | €368 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 33% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 69.1% to 63.1%. Equity is higher and debt is lower.
CONSTRUCTION has no parent and no holdings in its annual accounts. Van de Velde Erik is the only director. CONSTRUCTION shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Dobbelhoefseweg 3 registered office 2970 Schilde 4100106 General construction of residential buildings | 06-02-1995 | 2.070.171.822 | Trader |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11922B0239/00F000 | 1,092 m² | 1 · 98 m² | 5.8 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0454.311.178
If something looks wrong or is missing, please tell us.