Equity
€5.2m ▲ 5.7%
CONSTRUX PROJECTS has made a profit without a break since 2008.
CONSTRUX PROJECTS
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €2.2m (2014)
-not published
lowest -€90,234 (2007)
€280,040▼ 38.7%
peak €5.2m (2025)
€5.2m▲ 5.7%
€15.5m▲ 17.5%
peak 88.6 FTE (2025)
88.6 FTE▲ 10.5%
Board4 names since 2021
1 directorConstrux Group
Owners2 names in the annual accounts
100%Construx Group
Documentsfilings and deeds
22-06-202639 days before the deadline
2025financial year
Turnover from €26.1m to €30.9mResult from €456,947 to €280,040Staff from 80.2 FTE to 88.6 FTEDebts from €13.2m to €15.5mCash from €548,964 to €797,123
Key points
from the 2025 annual accountsResult
€280,040 ▼ 38.7%
The result fell in 2025 from €456,947 to €280,040.
Debts
€15.5m 75% of the balance sheet
Financial debts 24%Suppliers 32%Taxes and wages 9%Other 35%
€3.4m of the debts are secured on the company's own assets. In 2023 that was €2.2m.
Staff
96 employees on 31-12-2025
In 2025, 140 people joined and 129 left. On top of that, 1.9 agency workers worked there on average.
Payment terms
84 days to suppliers
CONSTRUX PROJECTS pays its suppliers 27 days later than in 2024. Customers pay 22 days later.
Filings
22 annual accounts since 2004
Two of the last ten came late. The 2019 accounts came latest: 28 days after the end of the period.
Checked score
82
Excellent
Financially stronger than 41% of medium-sized companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 95 companies (NACE 77, medium-sized).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.4%▼ -0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%▼ -0.1 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.30, cash €797,123
Size: turnover €30.9m, 88.6 FTE, total assets €20.8m
lowers risk
Founded in 2003
Figures for financial year 2025 (filed on 22-06-2026)
Calculation
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 77, medium-sized). It does better than 43% of them on solvency, 8% on liquidity, 43% on profitability and 69% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 733 companies had the same profile as CONSTRUX PROJECTS has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CONSTRUX PROJECTS itself: 0.4% within 12 months.
Test of the method
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 733 companies, not a prediction for CONSTRUX PROJECTS. 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.
Credit verdict
Credit of up to €420,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (1.43 in 2024), below the usual 1.5. Short-term debt is 72.3% and cash 3.8% of total assets. 75% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
30 days early
2023
21 days early
2022
49 days early
2021
30 days early
2020
9 days early
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Construx Group 100%score 69equity €8.8m (2025) · annual accounts 2025
- Construx Group BV consolidatesannual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0480221858
Environmental permit granted
Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies · Harelbeke
Permanent representative: Ward Demyttenaere
Appointment: VRC Bedrijfsrevisoren BV (statutory auditor) · General meeting of 30-09-2024 · Gazette deed
Demerger: Constructie Demyttenaere splits off to CONSTRUX
Company renamed from CONSTRUX to Construx Projects · Capital increase of €2,036,634.47 to €2,283,967.47 · Capital from €247,333 to €2,283,967.47 · General meeting of 13-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CONSTRUX PROJECTS Harelbeke | €30.9m | 2.0% | 25.0% | 88.6 |
| MARCHANDISE Engis | €26.9m | 2.8% | 20.0% | 63.2 |
| MEGAMAX Seneffe | €10.9m | -7.6% | 38.0% | 62.9 |
| Verhelst Machines Ostend | €15.1m | -4.6% | 0.6% | 38.8 |
| HELI Wetteren | €18.6m | 6.8% | 23.5% | 52.7 |
| BENELMAT Gembloux | €12.2m | -7.9% | 36.0% | 40.5 |
| C-RENTAL Temse | €18.0m | 5.0% | -1.8% | 42.4 |
Grey: the largest companies of the sector (rental and leasing (NACE 77)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CONSTRUX PROJECTS: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €16m and €35m, founded between 1983 and 2012.
Official details
Source: KBO- Status
- Active since 14-05-2003Normal situation
- Activity
- Rental and leasing activitiesNACE 77320and 1 other
- Establishment units
- 2.131.624.9833600 Genk, since 30-05-2003
- 2.345.810.2878531 Harelbeke, since 09-06-2023and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Annual accounts 2025
- €20.8m▲ 14.1%
- Employeeson 31-12-2025
- 96▲ 12.9%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on CONSTRUX PROJECTS
CONSTRUX PROJECTS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €280,040.
Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 31% of 543 sector peers (NACE 77, financial year 2025).
The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CONSTRUX PROJECTS
- What is the company number of CONSTRUX PROJECTS?
- The company number of CONSTRUX PROJECTS is 0480.221.858. The VAT number is the same number with BE in front: BE 0480.221.858.
- Where is CONSTRUX PROJECTS based?
- The registered office is at Hazebeekstraat 11, 8531 Harelbeke.Company details
- What does CONSTRUX PROJECTS do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
- What is the legal form of CONSTRUX PROJECTS?
- CONSTRUX PROJECTS is a private limited company (BV).
- When was CONSTRUX PROJECTS founded?
- CONSTRUX PROJECTS was founded on 14-05-2003.
- Is CONSTRUX PROJECTS still active?
- Yes, CONSTRUX PROJECTS is an active enterprise in the KBO register.
- How many employees does CONSTRUX PROJECTS have?
- CONSTRUX PROJECTS had an average of 88.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of CONSTRUX PROJECTS?
- The turnover of CONSTRUX PROJECTS was €30.9m in financial year 2025, according to the filed annual accounts.
- Is CONSTRUX PROJECTS profitable?
- In financial year 2025, CONSTRUX PROJECTS made a profit of €280,040.
- Where can I find the annual accounts of CONSTRUX PROJECTS?
- CONSTRUX PROJECTS filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONSTRUX PROJECTS due?
- CONSTRUX PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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