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CORE CONSTRUCT

Active Private limited companyfounded 2001active for 25 yearsLeuvensesteenweg 236, 1932 ZaventemKBO/BCE: BE 0476.006.813
CORE CONSTRUCT
Financial year 2025
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Annual accounts 2025

micro format, filed on 23-04-2026, 99 days before the deadline
€49,769
▲ €53,825
€11,957
▲ €38,493
€8,371
▲ €47,201
-€209,456
▼ €47,547
-6.7%
▲ 1.8 percentage points
0.03
▼ 0.12

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €350,000. Estimated: probably between €190,000 and €620,000.

Balance sheet

balance sheet total €596,586 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-6.7%

Higher than 10% of 10,152 companies in 2025.

0.03

Lower than 95% of 9,863 companies in 2025.

1.4%

Higher than 32% of 9,951 companies in 2025.

CORE CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020082006
Balance sheet: assets
20/58 596,586571,743419,89978,581220,105342,933345,088465,867404,941404,941421,556471,215483,127492,542516,515204,543183,547190,056
21/28 590,354544,315402,55778,27775,084342,839342,839465,541404,941404,941421,490445,174468,858492,542516,226164,234179,819188,907
22/27 590,354544,315402,55778,27775,084342,839342,839465,541404,941404,941421,490445,174468,858492,542516,226164,234179,819188,907
22 590,234544,075402,19777,79754,779342,239342,239461,036401,036401,036413,680433,460453,239473,019492,798136,902144,677149,860
23 ----600600600600----------
24 12024036048019,705-------------
26 -------3,9053,9053,9057,80911,71415,61919,52323,42827,33335,14239,046
29/58 6,23227,42817,342304145,021942,249327--6626,04114,269-28840,3083,7281,149
40/41 2,2163,926---------24,23914,267--32,0003,185903
40 -1,200-------------25,0003,185903
41 2,2162,726---------24,23914,267--7,000--
50/53 -------327----------
54/58 2,57123,50217,342304145,021942,249---6632--8,308249246
490/1 1,445----------1,800--288-293-
Balance sheet: equity and liabilities
10/49 596,586571,743419,89978,581220,105342,933345,088465,867404,941404,941421,556471,215483,127492,542516,515204,543183,547190,056
10/15 -39,811-48,182-9,35215,65364,06699,800102,3821,51716,07616,07611,718-22,905-31,283-32,136-43,154-23,790-19,639-11,386
10/11 66,20066,20066,20066,20066,20066,20066,20066,20066,20066,20066,2006,2006,2006,2006,2006,2006,2006,200
10 ----66,20066,20066,200-----------
100 ----79,00079,00079,00079,00079,00079,00079,00019,00019,00019,00019,00019,00019,00019,000
101 ----12,80012,80012,80012,80012,80012,80012,80012,80012,80012,80012,80012,80012,80012,800
13 115,240160,666164,702168,739168,739127,349127,349-----------
132 115,240160,666164,702168,739168,739127,349127,349-----------
14 -221,251-275,048-240,254-219,286-170,873-93,749-91,167-64,683-50,124-50,124-54,482-29,105-37,483-38,336-49,354-29,990-25,839-17,586
16 38,41353,55554,90156,24656,24642,44942,449-----------
168 38,41353,55554,90156,24656,24642,44942,449-----------
17/49 597,984566,370374,3506,68299,793200,684200,257464,351388,865388,865409,838494,120514,410524,678559,668228,332203,186201,442
17 380,221377,033---109,811111,846295,636195,310195,310200,215167,216194,066227,816261,566---
170/4 370,021377,033---109,811111,846288,736188,410188,410193,315160,316194,066227,816261,566---
178/9 10,200------6,9006,9006,9006,9006,900------
42/48 215,688189,337374,3506,68299,79390,87388,411168,715192,304192,304209,623326,904320,344296,862298,102228,332203,186201,442
42 -----2,9833,77721,2644,9054,9054,54246,80542,19233,75033,750---
43 16,99113,677------105105---3,6973,746---
430/8 16,99113,677------105105---3,6973,746---
44 34,78614,455335,4456,6822,33316,98725,16118,0102,3332,3334,9846,4185264248923-49,879
440/4 34,78614,455335,4456,6822,33316,98725,16118,0102,3332,3334,9846,4185264248923-49,879
46 --------57,50057,50057,50057,50057,50040,00040,00040,000--
45 --------4,2004,2002,5002,500----15,512-
450/3 --------4,2004,2002,5002,500----15,512-
47/48 163,911161,20538,905-97,46070,90359,473129,441123,261123,261140,097213,681220,126218,991220,517188,309187,674151,562
492/3 2,075-------1,2511,251--------
Income statement
9900 49,769-4,056-12,750-24,98317,84813,79624,19733,70044,55644,55647,90547,65132,16240,92423,06811,49423,6038,622
630 30,10614,7925,3455,6972,296---16,54916,54923,68423,68423,68423,68429,9807,7929,088-
631/4 ----------24,289-------
640/8 7,7067,6887,3695,32435,9885,57014,24310,7926,9846,98413,18812,6177,5575,3128477,0024371,565
66A ---9,705--4,000--------4,413152-
9901 11,957-26,536-25,464-45,709-20,4368,2265,95422,90921,02321,023-13,25511,35092011,929-7,758-3,30014,0797,057
75/76B ------169,799-----297-3---
75 ------------297-3---
76B ------169,799-----------
65/66B 18,72813,6408862,70432410,80832,43837,46814,96414,96412,1224733149113018622550
65 18,72813,6408862,70432410,80832,43837,46814,96414,96412,1224733149113018622550
9903 -6,771-40,176-26,350-48,413-20,760-2,582143,315-14,5596,0586,058-25,37710,87790311,018-8,056-7,79913,7027,007
780 15,1421,3461,345---------------
680 ----13,797-42,450-----------
67/77 ----1,177---1,7001,700-2,50050-11,308-16,2226,445
9904 8,371-38,830-25,005-48,413-35,734-2,582100,865-14,5594,3584,358-25,3778,37785311,018-19,364-7,799-2,520562
789 45,4264,0364,037---------------
689 ----41,390-127,349-----------
9905 53,797-34,794-20,968-48,413-77,124-2,582-26,484-14,5594,3584,358-25,3778,37785311,018-19,364-7,799-2,520562
Appropriation of the result
9906 -221,251-275,048-240,254-219,286-170,873-93,749-91,167-64,683-50,124-50,124-54,482-29,105-37,483-38,336-49,354-29,990-25,839-17,586
14P -275,048-240,254-219,286-170,873-93,749-91,167-64,683-----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 23-04-2026 2026-00086141 PDF
31-12-2024 micro format 27-06-2025 2025-00201641 PDF
31-12-2023 micro format 21-05-2024 2024-00096940 PDF
31-12-2022 micro format 04-03-2023 2023-00036663 PDF
31-12-2021 micro format 03-03-2023 2023-00036060 PDF
31-12-2020 micro format 08-06-2022 2022-20055929 PDF
31-12-2019 micro format 08-06-2022 2022-20056539 PDF
31-12-2018 micro format 22-07-2020 2020-32700515 PDF
31-12-2017 micro format 31-08-2018 2018-61800302 PDF
31-12-2016 micro format 01-09-2017 2017-54900414 PDF
31-12-2015 full format 27-11-2016 2016-68500212 PDF
31-12-2014 full format 30-09-2015 2015-61200176 PDF
31-12-2013 full format 29-08-2014 2014-57100048 PDF
31-12-2012 full format 30-11-2013 2013-67300499 PDF
31-12-2011 full format 20-01-2013 2013-01400492 PDF
31-12-2010 full format 30-08-2011 2011-52600133 PDF
31-12-2008 full format 23-04-2010 2010-10400346 PDF
31-12-2006 full format 07-07-2010 2010-28500583 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020082006
42,063-11,744-20,119-40,012-18,140---37,57237,57210,42935,03424,60435,61322,2214,49223,167-
38,477-24,038-19,660-42,716-33,438---20,90720,907-1,69332,06124,53734,70210,616-66,568-
76,145156,550329,62528,59522,000---16,54900000381,972---
-20,9316,16017,038-144,717144,927-2,155----641------
-209,456-161,909-357,008-6,37845,228-90,779-86,162-168,389---209,557-300,863-306,075--297,814-188,024-199,458-200,293
-6.7%-8.4%-2.2%19.9%29.1%29.1%29.7%0.3%4.0%4.0%2.8%-4.9%-6.5%-6.5%-8.4%-11.6%-10.7%-6.0%
0.030.140.050.051.450.000.030.00--0.000.080.04-0.000.180.020.01
---0.431.562.011.96-24.1924.1934.98-------
----309.3%-55.8%-2.6%98.5%-960.0%27.1%27.1%-216.6%-------
1.4%-6.8%-6.0%-61.6%-16.2%-0.8%29.2%-3.1%1.1%1.1%-6.0%1.8%0.2%2.2%-3.7%-3.8%-1.4%0.3%
2.25-0.86-22.71-14.80-55.99-------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€76,145€156,550€329,625€28,595€22,000
€30,106€14,792€5,345€5,697€2,296

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on CORE CONSTRUCT

The operating result for 2025 is a profit of €11,957, after a loss of €26,536 in 2024. It is the highest result since 2018.

Equity is negative. Debt (€597,984) exceeds the balance-sheet total (€596,586).

Next steps

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