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Correct Construct

Active
Private limited companyfounded 2019active for 6 yearsOostendesteenweg 216, 8480 Ichtegem, BelgiumKBO/BCE: BE 0737.836.240
Summary

Correct Construct is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€41,513) and a net result of -€7,562. Equity has been shrinking by about 45% per year since 2020. Its solvency ranks better than 5% of 9,757 sector peers (NACE 64, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

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Correct ConstructActive
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Overview

Official details

Source: KBO
Status
Active since 19-11-2019 Normal situation
Activity
Activities of holding companies NACE 64210and 4 others
Joint committee
200 Auxiliary committee for white-collar workers · annual accounts 2022
Establishment unit
2.296.522.015 8480 Ichtegem, since 19-11-2019
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Board and ownership

Board
  • Fonteyne JohanDirector
  • Roose RegineDirector
Board & ownership

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
Loss
€7,562
▲ 83.3%
Equity
-€41,513
▼ 22.3%
Total assets
€106,039
▲ 11.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Financials
Signalsraises riskWeak solvency compared with the sector2025 accounts filed 31 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

Two signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9757 sector peers (2025).
NBB · sector comparison
Position among 9757 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
31 days late
2024
27 days late
2023
29 days late
2022
4 days early
2021
47 days late
2020
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 26 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€41,513 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€7,562 View
  • Caution: Lower solvency than 95% of companies in financial servicessector median 50.9% · 9,757 companies -39.1% View

Recent changes

  1. · Gazette deed Incorporation · Founder
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Correct Construct: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €89,300 and €127,000, founded between 2019 and 2020.

CompanyTotal assetsGross margin
Correct Construct Ichtegem€106,039-€6,092
Hon.k Kortrijk€127,299-€24,308
LUDEFOOT Knokke-Heist€89,267-€60,457
DUMORTIER INVEST Menen€119,051-€678
PEVI Antwerp€110,343-€17,542
TEXTIELBARON Nazareth-De Pinte€111,465-€24,515
OURAL Woluwe-Saint-Pierre€108,332-€72,599
Full comparison

Key facts about Correct Construct
What is the company number of Correct Construct?
The company number of Correct Construct is 0737.836.240. The VAT number is the same number with BE in front: BE 0737.836.240.
Where is Correct Construct based?
The registered office is at Oostendesteenweg 216, 8480 Ichtegem.Company details
What does Correct Construct do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of Correct Construct?
Correct Construct is a private limited company (BV).
When was Correct Construct founded?
Correct Construct was founded on 19-11-2019.
Is Correct Construct still active?
Yes, Correct Construct is an active enterprise in the KBO register.
How many employees does Correct Construct have?
Correct Construct had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does Correct Construct fall under?
In its 2022 annual accounts, Correct Construct states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of Correct Construct?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is Correct Construct profitable?
In financial year 2025, Correct Construct made a loss of €7,562.
Where can I find the annual accounts of Correct Construct?
Correct Construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Correct Construct due?
Correct Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See what changed in the latest annual accounts.What changed See this company's board, registered office and name on a given date.Company as of a date

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