Constructon
ActiveSummary
Constructon has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,624 and a net result of €27,756. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+89
Solvency35▼-36
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.79 in 2024; short-term debt: 89.6% and cash: 47.8% of total assets), and 89.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
37.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9511 sector peers (2025).
NBB · sector comparisonPosition among 9511 sector peers
Solvency
better than 15%
← weakest
strongest →
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 12-03-2026, 141 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
141 d early
2024
83 d early
2023
54 d early
2022
21 d early
2021
37 d early
2020
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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
26-09-2026 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 simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€7,624▼ 78.5%
2024 · €35,461
Total assets
€73,655▼ 4.5%
2024 · €77,151
Net result
€27,756
2024 · -€4,778
Working capital
€3,345▼ 89.8%
2024 · €32,940
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€45,026▲ 175%€36,030▼ 20.0%€31,417▼ 12.8%-€1,582€39,841
Net result€32,257▲ 177%€26,947▼ 16.5%€22,959▼ 14.8%-€4,778€27,756
Equity€45,921▲ 236%€72,868▲ 58.7%€70,828▼ 2.8%€35,461▼ 49.9%€7,624▼ 78.5%
Total assets€59,906▲ 91.7%€80,581▲ 34.5%€106,265▲ 31.9%€77,151▼ 27.4%€73,655▼ 4.5%
Debt€13,985▼ 20.5%€7,713▼ 44.9%€35,437▲ 359%€41,690▲ 17.6%€66,030▲ 58.4%
Working capital€44,820▲ 3,966%€72,204▲ 61.1%€70,528▼ 2.3%€32,940▼ 53.3%€3,345▼ 89.8%
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 2025: €39,841 after a loss of €1,582 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73,655
Fixed assets
€4,279 ▲ 69.7%
Current assets
€69,375 ▼ 7.0%
Equity and liabilities €73,655
Equity
€7,624 ▼ 78.5%
Debt
€66,030 ▲ 58.4%
Debt's share of the balance-sheet total rises from 54.0% to 89.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40,833▲
2024 · -€1,225
Cash flow
€28,748▲
2024 · -€4,421
Current ratio
1.05▼
2024 · 1.79
Debt to equity
8.66▲
2024 · 1.18
ROE
364.1%▲
2024 · -13.5%
ROA
37.7%▲
2024 · -6.2%
Interest coverage
17.25▲
2024 · -0.48
Debt ≤ 1 year
€66,030▲
2024 · €41,690
Income taxes
€10,204▲
2024 · €1,568
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €437 | €437 | €364 | €358 | €991 | ▲ 177% |
| Other operating charges640/8 | €1,929 | €321 | €655 | €848 | €851 | ▲ 0.4% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €47,392 | €36,788 | €32,436 | -€377 | €41,684 | ▲ 11,154% |
| Operating profit (loss)9901 | €45,026 | €36,030 | €31,417 | -€1,582 | €39,841 | ▲ 2,618% |
| Financial income75/76B | €46 | €1,460 | €1,455 | €906 | €486 | ▼ 46.3% |
| Recurring financial income75 | €46 | €1,460 | €1,455 | €906 | €486 | ▼ 46.3% |
| Financial charges65/66B | €2,406 | €1,624 | €1,960 | €2,534 | €2,367 | ▼ 6.6% |
| Recurring financial charges65 | €1,462 | €1,624 | €1,960 | €2,534 | €2,367 | ▼ 6.6% |
| Non-recurring financial charges66B | €943 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €42,666 | €35,866 | €30,912 | -€3,210 | €37,960 | ▲ 1,282% |
| Income taxes67/77 | €10,409 | €8,919 | €7,953 | €1,568 | €10,204 | ▲ 551% |
| Profit (loss) for the period9904 | €32,257 | €26,947 | €22,959 | -€4,778 | €27,756 | ▲ 681% |
| Profit (loss) for the period to be appropriated9905 | €32,257 | €26,947 | €22,959 | -€4,778 | €27,756 | ▲ 681% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,906 | €80,581 | €106,265 | €77,151 | €73,655 | ▼ 4.5% |
| Fixed assets21/28 | €1,101 | €664 | €300 | €2,522 | €4,279 | ▲ 69.7% |
| Tangible fixed assets22/27 | €801 | €364 | €0 | €2,222 | €3,979 | ▲ 79.1% |
| Plant, machinery and equipment23 | - | - | - | €2,222 | €1,706 | ▼ 23.2% |
| Furniture and vehicles24 | €801 | €364 | €0 | - | €2,274 | - |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €58,805 | €79,917 | €105,965 | €74,629 | €69,375 | ▼ 7.0% |
| Amounts receivable after more than one year29 | - | €51,415 | €52,870 | €32,515 | €16,982 | ▼ 47.8% |
| Other amounts receivable291 | - | €51,415 | €52,870 | €32,515 | €16,982 | ▼ 47.8% |
| Amounts receivable within one year40/41 | €15,449 | €16,010 | €16,108 | €18,710 | €15,855 | ▼ 15.3% |
| Trade receivables40 | €13,988 | €14,399 | €14,230 | €14,066 | €14,054 | ▼ 0.1% |
| Other amounts receivable41 | €1,461 | €1,611 | €1,879 | €4,644 | €1,801 | ▼ 61.2% |
| Cash at bank and in hand54/58 | €43,357 | €12,492 | €36,468 | €22,228 | €35,240 | ▲ 58.5% |
| Deferred charges and accrued income490/1 | - | - | €519 | €1,177 | €1,298 | ▲ 10.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,906 | €80,581 | €106,265 | €77,151 | €73,655 | ▼ 4.5% |
| Equity10/15 | €45,921 | €72,868 | €70,828 | €35,461 | €7,624 | ▼ 78.5% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €43,921 | €70,868 | €68,828 | €33,461 | €5,624 | ▼ 83.2% |
| Distributable reserves133 | €43,921 | €70,868 | €68,828 | €33,461 | €5,624 | ▼ 83.2% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €13,985 | €7,713 | €35,437 | €41,690 | €66,030 | ▲ 58.4% |
| Amounts payable within one year42/48 | €13,985 | €7,713 | €35,437 | €41,690 | €66,030 | ▲ 58.4% |
| Financial debts43 | - | - | €11 | €10 | €121 | ▲ 1,137% |
| Credit institutions430/8 | - | - | €11 | €10 | €121 | ▲ 1,137% |
| Trade debts44 | €2,540 | €438 | €2,231 | €2,142 | €1,295 | ▼ 39.5% |
| Suppliers440/4 | €2,540 | €438 | €2,231 | €2,142 | €1,295 | ▼ 39.5% |
| Taxes, remuneration and social security45 | €11,445 | €7,275 | €8,043 | €8,950 | €9,021 | ▲ 0.8% |
| Taxes450/3 | €11,445 | €7,275 | €8,043 | €8,950 | €9,021 | ▲ 0.8% |
| Other amounts payable47/48 | €0 | - | €25,153 | €30,588 | €55,593 | ▲ 81.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,257 | €26,947 | €22,959 | -€4,778 | €27,756 | ▲ 681% |
| + Depreciation and write-downs630 | €437 | €437 | €364 | €358 | €991 | ▲ 177% |
| Operating cash flow (approximation) | €32,694 | €27,384 | €23,324 | -€4,421 | €28,748 | ▲ 750% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,579 | -€2,749 | ▼ 6.6% |
| Change in cash | - | -€30,864 | €23,975 | -€14,240 | €13,012 | ▲ 191% |
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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27,756
Net result €27,756 after one loss-making year.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€4,778
Net result drops to -€4,778, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.36
Current ratio from 4.20 to 10.36; short-term debt falls from €13,985 to €7,713.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €32,257 ▲177%
Operating result €45,026, net result €32,257, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.20
Current ratio from 1.06 to 4.20; short-term debt falls from €17,581 to €13,985.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Katelijne-Waver · 1 establishment unit since 2020
Ground area
207 m²
Building footprint
207 m²
Volume, LiDAR
1,003 m³
Parcel 12035A0195/00K000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Constructon
since 20202.302.402.688
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035A0195/00K000 | Flanders | 207 m² | 1 · 207 m² | 8.6 m · 2 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.
Similar companies · same sector, comparable size
REAL IMPACT ENGINEERING
BE 1022.039.213
Jemeppe-sur-Sambre · Eq €7,630
HYDRO-FLOW
BE 0524.898.771
Seraing · Eq €7,607
DE SAEDELEER ENGINEERING
BE 1014.425.307
Haaltert · Eq €7,642
@Home Energiezuinig Bouwen
BE 0807.544.695
Gent · Eq €7,646
MUHLNER MOTORSPORT
BE 0462.580.924
Stavelot · Eq €7,594
Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 2,492 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
Founded12-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46130Agents in the wholesale of timber and building materials
47521Retail sale of hardware, building materials, paint and glass (general range)
66210Risk and damage evaluation
74999Other professional, scientific and technical activities
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.