Constructions Modernes
ActiveSummary
Constructions Modernes has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €11k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 48% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+84
Solvency70▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.82 in 2023; short-term debt: 53.1% and cash: 11.8% of total assets), but 54.5% of the assets are financed with debt.
Credit check for your own amount and term
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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
45.5%
Return on assets
12.3%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
161 d late
2022
59 d late
2021
73 d early
2020
90 d late
2019
136 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€41k▼ 25.2%
2023 · €55k
2018: €56k
2019: €54k▼ -4.0% vs 2018
2020: €68k▲ +26.9% vs 2019
2021: €79k▲ +15.7% vs 2020highest in 7 years
2022: €73k▼ -7.5% vs 2021
2023: €55k▼ -24.4% vs 2022
2024: €41k▼ -25.2% vs 2023lowest in 7 years
2018 → 2024
Total assets
€90k▼ 12.1%
2023 · €103k
2018: €101k
2019: €86k▼ -15.4% vs 2018lowest in 7 years
2020: €95k▲ +10.4% vs 2019
2021: €168k▲ +77.7% vs 2020highest in 7 years
2022: €128k▼ -24.0% vs 2021
2023: €103k▼ -19.5% vs 2022
2024: €90k▼ -12.1% vs 2023
2018 → 2024
Net result
€11k
2023 · €-18k
2018: €34khighest in 7 years
2019: €-2k▼ -107% vs 2018
2020: €14k▲ +755% vs 2019
2021: €21k▲ +43.1% vs 2020
2022: €-6k▼ -129% vs 2021
2023: €-18k▼ -200% vs 2022lowest in 7 years
2024: €11k▲ +163% vs 2023
2018 → 2024
Working capital
€26k▼ 33.7%
2023 · €39k
2018: €44k
2019: €43k▼ -3.9% vs 2018
2020: €49k▲ +14.5% vs 2019highest in 7 years
2021: €48k▼ -1.7% vs 2020
2022: €45k▼ -5.0% vs 2021
2023: €39k▼ -13.8% vs 2022
2024: €26k▼ -33.7% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€79k▲ 15.7%€73k▼ 7.5%€55k▼ 24.4%€41k▼ 25.2%
2020: €68k
2021: €79k▲ +15.7% vs 2020highest in 5 years
2022: €73k▼ -7.5% vs 2021
2023: €55k▼ -24.4% vs 2022
2024: €41k▼ -25.2% vs 2023lowest in 5 years
Operating result€18k-€27k▲ 49.0%€-4k€-15k▼ 234%€15k
2020: €18k
2021: €27k▲ +49.0% vs 2020highest in 5 years
2022: €-4k▼ -117% vs 2021
2023: €-15k▼ -234% vs 2022lowest in 5 years
2024: €15k▲ +201% vs 2023
Net result€14k-€21k▲ 43.1%€-6k€-18k▼ 200%€11k
2020: €14k
2021: €21k▲ +43.1% vs 2020highest in 5 years
2022: €-6k▼ -129% vs 2021
2023: €-18k▼ -200% vs 2022lowest in 5 years
2024: €11k▲ +163% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €15k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€16k ▲ 4.2%
Current assets
€74k ▼ 15.1%
Equity and liabilities €90k
Equity
€41k ▼ 25.2%
Debt
€49k ▲ 3.0%
Debt's share of the balance-sheet total rises from 46.5% to 54.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▲
2023 · €-2k
Cash flow
€21k▲
2023 · €-5k
Current ratio
1.54▼
2023 · 1.82
Debt to equity
1.20▲
2023 · 0.87
ROE
27.1%▲
2023 · -32.3%
ROA
12.3%▲
2023 · -17.3%
Interest coverage
8.58▲
2023 · -0.74
Debt ≤ 1 year
€48k▲
2023 · €48k
Income taxes
€1k
Staff costs
€147k▼
2023 · €148k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€103k€90k▼
Fixed assets21/28€16k€16k▲
Tangible fixed assets22/27€16k€16k▲
Plant, machinery and equipment23€9k€11k▲
Furniture and vehicles24€7k€4k▼
Other tangible fixed assets26€446€997▲
Financial fixed assets28€275€275=
Current assets29/58€87k€74k▼
Amounts receivable within one year40/41€69k€57k▼
Trade receivables40€46k€54k▲
Other amounts receivable41€23k€3k▼
Cash at bank and in hand54/58€14k€11k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€103k€90k▼
Equity10/15€55k€41k▼
Contributions10/11€15k€15k=
Reserves13€27k€26k▼
Distributable reserves133€27k€26k▼
Profit (loss) carried forward14€13k€240▼
Amounts payable17/49€48k€49k▲
Amounts payable within one year42/48€48k€48k▲
Financial debts43€20k€25k▲
Credit institutions430/8€20k€25k▲
Trade debts44€23k€14k▼
Suppliers440/4€23k€14k▼
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€18€2k▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€399€2k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Remuneration, social security and pensions62€148k€147k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€847
Gross operating margin9900€147k€175k▲
Operating profit (loss)9901€-15k€15k▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-18k€12k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-18k€11k▲
Profit (loss) for the period to be appropriated9905€-18k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€24k▲
Profit (loss) brought forward from the previous period14P€31k€13k▼
Transfer from equity791/2-€25k
Transfer to equity691/2-€24k
To other reserves6921-€24k
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €110 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €153k | €160k | €148k | €147k | ▼ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €13k | €19k | €13k | €10k | ▼ 22.9% |
| Other operating charges640/8 | - | €1k | €14k | €2k | €2k | ▲ 11.4% |
| Non-recurring operating charges66A | - | €256 | - | - | €847 | - |
| Gross operating margin9900 | €102k | €195k | €189k | €147k | €175k | ▲ 18.7% |
| Operating profit (loss)9901 | €18k | €27k | €-4k | €-15k | €15k | ▲ 201% |
| Financial income75/76B | - | €37 | €6 | €2 | €0 | ▼ 96.8% |
| Recurring financial income75 | €12 | €37 | €6 | €2 | €0 | ▼ 96.8% |
| Financial charges65/66B | - | €1k | €1k | €3k | €3k | ▲ 5.2% |
| Recurring financial charges65 | €938 | €1k | €1k | €3k | €3k | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | €17k | €26k | €-6k | €-18k | €12k | ▲ 168% |
| Income taxes67/77 | €3k | €5k | €0 | - | €1k | - |
| Profit (loss) for the period9904 | €14k | €21k | €-6k | €-18k | €11k | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | €14k | €21k | €-6k | €-18k | €11k | ▲ 163% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €95k | €168k | €128k | €103k | €90k | ▼ 12.1% |
| Fixed assets21/28 | €23k | €32k | €28k | €16k | €16k | ▲ 4.2% |
| Tangible fixed assets22/27 | €23k | €31k | €27k | €16k | €16k | ▲ 4.2% |
| Plant, machinery and equipment23 | - | €13k | €16k | €9k | €11k | ▲ 25.6% |
| Furniture and vehicles24 | - | €18k | €11k | €7k | €4k | ▼ 32.1% |
| Other tangible fixed assets26 | - | - | - | €446 | €997 | ▲ 124% |
| Financial fixed assets28 | €455 | €375 | €275 | €275 | €275 | = |
| Current assets29/58 | €72k | €136k | €100k | €87k | €74k | ▼ 15.1% |
| Amounts receivable within one year40/41 | €52k | €101k | €72k | €69k | €57k | ▼ 17.9% |
| Trade receivables40 | - | €76k | €45k | €46k | €54k | ▲ 16.9% |
| Other amounts receivable41 | - | €25k | €26k | €23k | €3k | ▼ 88.1% |
| Cash at bank and in hand54/58 | €19k | €31k | €23k | €14k | €11k | ▼ 25.2% |
| Deferred charges and accrued income490/1 | - | €4k | €5k | €3k | €6k | ▲ 87.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €95k | €168k | €128k | €103k | €90k | ▼ 12.1% |
| Equity10/15 | €68k | €79k | €73k | €55k | €41k | ▼ 25.2% |
| Contributions10/11 | - | €15k | €15k | €15k | €15k | = |
| Reserves13 | €27k | €27k | €27k | €27k | €26k | ▼ 3.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €25k | €25k | €27k | €26k | ▼ 3.7% |
| Profit (loss) carried forward14 | €26k | €37k | €31k | €13k | €240 | ▼ 98.2% |
| Amounts payable17/49 | €27k | €89k | €55k | €48k | €49k | ▲ 3.0% |
| Amounts payable after more than one year17 | €4k | €548 | - | - | - | - |
| Financial debts170/4 | - | €548 | - | - | - | - |
| Amounts payable within one year42/48 | €23k | €88k | €55k | €48k | €48k | ▲ 0.2% |
| Current portion of amounts payable after more than one year42 | - | €3k | €548 | - | - | - |
| Financial debts43 | - | - | €25k | €20k | €25k | ▲ 25.0% |
| Credit institutions430/8 | - | - | €25k | €20k | €25k | ▲ 25.0% |
| Trade debts44 | €8k | €64k | €18k | €23k | €14k | ▼ 39.7% |
| Suppliers440/4 | - | €64k | €18k | €23k | €14k | ▼ 39.7% |
| Taxes, remuneration and social security45 | - | €10k | €11k | €4k | €7k | ▲ 65.9% |
| Taxes450/3 | - | €5k | €4k | €18 | €2k | ▲ 13,311% |
| Remuneration and social security454/9 | - | €5k | €7k | €4k | €5k | ▲ 11.1% |
| Other amounts payable47/48 | - | €10k | €399 | €399 | €2k | ▲ 368% |
| Accrued charges and deferred income492/3 | - | €520 | €261 | - | €1k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €21k | €-6k | €-18k | €11k | ▲ 163% |
| + Depreciation and write-downs630 | €10k | €13k | €19k | €13k | €10k | ▼ 22.9% |
| Operating cash flow (approximation) | €24k | €34k | €13k | €-5k | €21k | ▲ 535% |
| Investment in fixed assets (approximation) | - | €-22k | €-15k | €-1k | €-11k | ▼ 791% |
| Change in cash | - | €12k | €-8k | €-9k | €-4k | ▲ 59.9% |
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
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 161 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Amay · 1 establishment unit since 2015
Ground area
377 m²
Building footprint
89 m²
Volume, LiDAR
778 m³
Parcel 61003A0991/00R000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Désiré Léga(AMA) 9, 4540 Amay
since 20152.238.028.441
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003A0991/00R000 | Wallonia | 377 m² | 1 · 89 m² | 10.3 m · 3 fl. |
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 980 companies in sector 25401 we hold annual accounts for 407. 290 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
Founded05-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
41001General construction of residential buildings
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
42212Civil engineering
43120Site preparation
43223Specialised construction activities
43230Insulation installation
43240Other construction installation
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
81300Landscape service activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.