CONSTRUX RENTAL
ActiveCONSTRUX RENTAL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.67M and a net result of €961k. Equity is growing by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82=
Solvency48▲+3
Growth70▼-8
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.67 in 2023; short-term debt: 41.2% and cash: 2.6% of total assets), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.4%
Return on assets
4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
21 d early
2022
123 d early
2021
115 d early
2020
33 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€13.92M▲ 6.8%
2023 · €13.03M
2023: €13.03M
2023 → 2024
EBIT margin
13.1%▲ 1.9pp
2023 · 11.2%
2023: 11.2%
2023 → 2024
Net result
€961k▲ 24.1%
2023 · €775k
2018: €180k
2019: €4k
2020: €327k
2021: €1.12M
2022: €1.41M
2023: €775k
2018 → 2024
Working capital
€-2.76M▲ 4.7%
2023 · €-2.90M
2018: €-210k
2019: €-166k
2020: €-1.01M
2021: €-2.67M
2022: €-2.05M
2023: €-2.90M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€13.03M€13.92M▲ 6.8%
Equity€1.55M-€2.52M▲ 62.6%€3.93M▲ 56.0%€4.70M▲ 19.7%€5.67M▲ 20.4%
Operating result€378k-€1.25M▲ 230%€1.61M▲ 28.8%€1.46M▼ 9.1%€1.83M▲ 25.1%
Net result€327k-€1.12M▲ 242%€1.41M▲ 26.1%€775k▼ 45.1%€961k▲ 24.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24.18M
Fixed assets
€16.99M▼ 2.7%
Current assets
€7.19M▲ 19.4%
Equity and liabilities €24.18M
Equity
€5.67M▲ 20.4%
Debt
€18.51M▼ 1.5%
The debt ratio falls from 80.0% to 76.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6.48M▲
2023 · €5.07M
Cash flow
€5.62M▲
2023 · €4.39M
Solvency
23.4%▲
2023 · 20.0%
Current ratio
0.72▲
2023 · 0.67
Quick ratio
0.58▲
2023 · 0.57
Debt / equity
3.27▼
2023 · 3.99
ROE
17.0%▲
2023 · 16.5%
ROA
4.0%▲
2023 · 3.3%
Interest coverage
13.06▲
2023 · 12.84
Debt
€18.51M▼
2023 · €18.79M
Debt ≤ 1 year
€9.95M▲
2023 · €8.92M
Debt > 1 year
€8.44M▼
2023 · €9.63M
Income taxes
€364k▲
2023 · €290k
Staff costs
€2.43M▲
2023 · €2.11M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€23.49M€24.18M▲
Fixed assets21/28€17.47M€16.99M▼
Intangible fixed assets21€187k€190k▲
Tangible fixed assets22/27€17.28M€16.80M▼
Land and buildings22€4.24M€4.12M▼
Plant, machinery and equipment23€4.97M€4.44M▼
Furniture and vehicles24€173k€253k▲
Leasing and similar rights25€7.91M€7.99M▲
Current assets29/58€6.02M€7.19M▲
Stocks and contracts in progress3€945k€1.46M▲
Stocks30/36€945k€1.46M▲
Goods purchased for resale34€945k€1.46M▲
Amounts receivable within one year40/41€4.79M€4.55M▼
Trade receivables40€4.67M€4.55M▼
Other amounts receivable41€121k€5k▼
Cash at bank and in hand54/58€257k€623k▲
Deferred charges and accrued income490/1€25k€548k▲
Equity and liabilities
Total equity and liabilities10/49€23.49M€24.18M▲
Equity10/15€4.70M€5.67M▲
Contributions10/11€262k€262k=
Capital10€262k€262k=
Issued capital100€262k€262k=
Reserves13€4.44M€5.40M▲
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€4.38M€5.34M▲
Amounts payable17/49€18.79M€18.51M▼
Amounts payable after more than one year17€9.63M€8.44M▼
Financial debts170/4€9.63M€8.44M▼
Leasing and similar obligations172€5.95M€5.55M▼
Credit institutions173€3.67M€2.88M▼
Amounts payable within one year42/48€8.92M€9.95M▲
Current portion of amounts payable after more than one year42€2.58M€2.87M▲
Financial debts43€124k€854k▲
Credit institutions430/8-€540k
Other loans439€124k€314k▲
Trade debts44€5.45M€5.67M▲
Suppliers440/4€5.45M€5.67M▲
Taxes, remuneration and social security45€761k€556k▼
Taxes450/3€431k€264k▼
Remuneration and social security454/9€330k€292k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€238k€126k▼
Income statement
Code20232024
Operating income70/76A€14.77M€15.75M▲
Turnover70€13.03M€13.92M▲
Own construction capitalised72€1.54M€1.79M▲
Other operating income74€24k€35k▲
Non-recurring operating income76A€166k€6k▼
Operating charges60/66A€13.31M€13.92M▲
Goods for resale, raw materials and consumables60€4.92M€3.74M▼
Purchases600/8€4.68M€4.26M▼
Change in stocks: decrease (increase)609€237k€-520k▼
Services and other goods61€2.51M€2.51M▼
Remuneration, social security and pensions62€2.11M€2.43M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.61M€4.66M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-54k▼
Other operating charges640/8€141k€93k▼
Non-recurring operating charges66A-€537k
Operating profit (loss)9901€1.46M€1.83M▲
Financial income75/76B€6k€10k▲
Recurring financial income75€6k€10k▲
Other financial income752/9€6k€10k▲
Financial charges65/66B€403k€511k▲
Recurring financial charges65€403k€511k▲
Debt charges650€395k€497k▲
Other financial charges652/9€8k€14k▲
Profit (loss) for the period before taxes9903€1.06M€1.33M▲
Income taxes67/77€290k€364k▲
Taxes670/3€303k€364k▲
Tax adjustments and reversals of tax provisions77€13k€0▼
Profit (loss) for the period9904€775k€961k▲
Profit (loss) for the period to be appropriated9905€775k€961k▲
Appropriation of the result
Profit (loss) to be appropriated9906€775k€961k▲
Transfer to equity691/2€775k€961k▲
To other reserves6921€775k€961k▲
Social balance
Average headcount (FTE)908731.236.2▲
The notes to these accounts (101 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-02
State Gazette act
Capital & shares · RestructuringGeneral meeting · Demerger · Accounting effect4 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Demerger · Accounting effect4 facts ▸
- General meeting, 2025-09-25
- Demerger, partial, 0
- Accounting effect, 2025-04-01
- Statutes amendment
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €5MEq €5.67M ▲20.4%
7 profitable years in a row build equity to €5.67M.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €1.41M ▲26.1%
Net result €1.41M, the highest in the series.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.52M ▲62.6%
4 profitable years in a row build equity to €2.52M.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €4k ▼97.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-01-2024
Demycon NV: Resigned as Director
09-02-2010
Francky Callens: Resigned as Director
09-02-2010
Ivan Chys: Resigned as Director
Location & real-estate footprint
Registered office, Harelbeke · 3 establishment units since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugsesteenweg 28531 HarelbekeGround area
2.0 ha
Building footprint
4,680 m²
Volume, LiDAR
30,652 m³
3 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
CONSTRUX RENTAL
since 19912.053.765.459
CONSTRUX RENTAL
since 20192.289.955.313
CONSTRUX RENTAL
since 20202.298.446.969
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014D0029/00P002 | Flanders | 1.1 ha | 1 · 2,062 m² | 11.6 m · 3 fl. |
| 71304E0731/00L003 | Flanders | 8,677 m² | 1 · 2,242 m² | 7.5 m · 2 fl. |
| 34017C0003/00A000 | Flanders | 376 m² | 1 · 376 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Acquisitions and mergers
1 transactionContributed a business line to:XINVEST
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,278 EUR awarded · 3,006 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 485 EUR | 485 EUR |
| 2024 | 1 | 1,909 EUR | 1,675 EUR |
| 2023 | 1 | 469 EUR | 431 EUR |
| 2022 | 2 | 415 EUR | 415 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Similar companies · same sector, comparable size
Smet Rental
BE 0811.351.550
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BENELMAT
BE 0460.543.132
Gembloux · Eq €5.63M
LENAERTS-BLOMMAERT-VERHUUR
BE 0507.823.704
Temse · Eq €5.70M
BODEN
BE 0418.476.014
Essen · Eq €5.77M
Services et Matériels
BE 0414.755.865
Liège · Eq €6.01M
Of 667 companies in sector 77320 we hold annual accounts for 492. 186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-08-1991
Fiscal year end31-12
Activities, NACEBEL
45250
46832Wholesale of timber
77320Rental and leasing activities
43990Other specialised construction activities
43999Specialised construction activities
47789Other retail sale of new goods
52498
71320
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.