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CPM Construct

Active
Private limited companyfounded 2022active for 4 yearsLennikseweg 1, 1700 Dilbeek, BelgiumKBO/BCE: BE 0780.788.236
Summary

The computed 12-month bankruptcy probability of CPM Construct is 3.3% (moderate). The 2025 annual accounts show equity of €116,765 and a net result of €32,996. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 49% of 2,749 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€311,105total assets 2025
Equity
€116,765
Profit
€32,996
Turnover not published (abbreviated or micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Holdings
1
Accounts 129 days early1 of 2 deeds read
Why 50raises riskFounded in 2022Sector: Construction of residential and non-residential buildings (NACE 41)1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 24-03-2026)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 63+4
equity 37.5% of total assets
Liquidity 46-9
short-term debt 25.8% · cash 4.6%
Profitability 82=
return on assets 10.6%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.8%▼ -0.1 percentage points vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.9%▲ +0.1 percentage points vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 6.4%▲ +3.4 percentage points vs 05-2025 07-2025: 6.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 3.1%▼ -3.5 percentage points vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 2.5%▼ -0.6 percentage points vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.4%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 2.4%● unchanged vs 01-2026lowest value 03-2026: 2.4%● unchanged vs 02-2026lowest value 04-2026: 3.2%▲ +0.8 percentage points vs 03-2026 05-2026: 3.2%● unchanged vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.3%▲ +0.1 percentage points vs 06-2026 08-2026: 3.3%● unchanged vs 07-2026 09-2026: 3.3%● unchanged vs 08-2026 10-2026: 3.3%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.37, compared with 0.55 in 2024, below 1; short-term debt: 25.8% and cash: 4.6% of total assets), and 62.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 45% on solvency, 45% on liquidity, 64% on profitability and 50% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 24-03-2026)
NBB · annual accounts
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 24-03-2026, 129 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
129 days early
2024
24 days early
2023
14 days late
2022
23 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 29 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 27 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Registered office · Amendment of the…Registered-office move · Capital ·…

Financials · financial year 2025, abbreviated format

Equity
€116,765▲ 7.4%
2024 · €108,769
Total assets
€311,105▼ 1.7%
2024 · €316,375
Net result
€32,996▼ 2.5%
2024 · €33,826
Working capital
-€50,490▼ 51.3%
2024 · -€33,371
Trend over the years

2022 to 2025, 4 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€53,007 2025 Net result€32,996 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€57,732-€45,041▼ 22.0%€50,963▲ 13.1%€53,007▲ 4.0%
Net result€40,954above the sector's middle half-€28,988above the sector's middle half▼ 29.2%€33,826within the sector's middle half▲ 16.7%€32,996within the sector's middle half▼ 2.5%
Equity€45,954within the sector's middle half-€74,942within the sector's middle half▲ 63.1%€108,769within the sector's middle half▲ 45.1%€116,765within the sector's middle half▲ 7.4%
Total assets€313,036above the sector's middle half-€306,275above the sector's middle half▼ 2.2%€316,375below the sector's middle half▲ 3.3%€311,105within the sector's middle half▼ 1.7%
Debt€267,082-€231,332▼ 13.4%€207,606▼ 10.3%€194,340▼ 6.4%
Working capital-€19,934below the sector's middle half--€30,445below the sector's middle half▼ 52.7%-€33,371below the sector's middle half▼ 9.6%-€50,490below the sector's middle half▼ 51.3%
Solvency14.7%below the sector's middle half-24.5%within the sector's middle half▲ 9.8pp34.4%within the sector's middle half▲ 9.9pp37.5%within the sector's middle half▲ 3.2pp
Current ratio0.67below the sector's middle half-0.50below the sector's middle half▼ 0.170.55below the sector's middle half▲ 0.040.37below the sector's middle half▼ 0.18
Return on assets (ROA)13.1%within the sector's middle half-9.5%within the sector's middle half▼ 3.6pp10.7%above the sector's middle half▲ 1.2pp10.6%within the sector's middle half▼ 0.1pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €311,105
Fixed assets €281,255 ▲ 1.9%
Current assets €29,850 ▼ 25.8%
Equity and liabilities €311,105
Equity €116,765 ▲ 7.4%
Debt €194,340 ▼ 6.4%
Debt's share of the balance-sheet total falls from 65.6% to 62.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€54,942▲
2024 · €52,711
Cash flow
€34,931▼
2024 · €35,574
Debt to equity
1.66▼
2024 · 1.91
ROE
28.3%▼
2024 · 31.1%
Interest coverage
9.59▼
2024 · 15.26
Debt ≤ 1 year
€80,340▲
2024 · €73,606
Debt > 1 year
€114,000▼
2024 · €134,000
Income taxes
€14,284▲
2024 · €13,683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€316,375€311,105▼
Fixed assets21/28€276,140€281,255▲
Tangible fixed assets22/27€6,140€11,255▲
Plant, machinery and equipment23€110-
Furniture and vehicles24€6,030€11,255▲
Financial fixed assets28€270,000€270,000=
Current assets29/58€40,235€29,850▼
Amounts receivable within one year40/41-€11,979
Trade receivables40-€11,979
Cash at bank and in hand54/58€34,130€14,315▼
Deferred charges and accrued income490/1€6,106€3,556▼
Equity and liabilities
Total equity and liabilities10/49€316,375€311,105▼
Equity10/15€108,769€116,765▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€103,769€111,765▲
Amounts payable17/49€207,606€194,340▼
Amounts payable after more than one year17€134,000€114,000▼
Other amounts payable178/9€134,000€114,000▼
Amounts payable within one year42/48€73,606€80,340▲
Current portion of amounts payable after more than one year42€35,000€19,000▼
Trade debts44€453€1,305▲
Suppliers440/4€453€1,305▲
Taxes, remuneration and social security45€31,580€37,328▲
Taxes450/3€31,580€37,328▲
Other amounts payable47/48€6,573€22,706▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,748€1,935▲
Other operating charges640/8€1,040€1,817▲
Gross operating margin9900€53,750€56,759▲
Operating profit (loss)9901€50,963€53,007▲
Financial charges65/66B€3,454€5,727▲
Recurring financial charges65€3,454€5,727▲
Profit (loss) for the period before taxes9903€47,509€47,280▼
Income taxes67/77€13,683€14,284▲
Profit (loss) for the period9904€33,826€32,996▼
Profit (loss) for the period to be appropriated9905€33,826€32,996▼
Appropriation of the result
Profit (loss) to be appropriated9906€103,769€136,765▲
Profit (loss) brought forward from the previous period14P€69,942€103,769▲
Profit to be distributed694/7-€25,000
Return on contributions (dividend)694-€25,000

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€481€1,486€1,748€1,935▲ 10.7%
Other operating charges640/8€391€3,519€1,040€1,817▲ 74.8%
Gross operating margin9900€58,604€50,046€53,750€56,759▲ 5.6%
Operating profit (loss)9901€57,732€45,041€50,963€53,007▲ 4.0%
Financial charges65/66B€624€3,726€3,454€5,727▲ 65.8%
Recurring financial charges65€624€3,726€3,454€5,727▲ 65.8%
Profit (loss) for the period before taxes9903€57,108€41,315€47,509€47,280▼ 0.5%
Income taxes67/77€16,154€12,327€13,683€14,284▲ 4.4%
Profit (loss) for the period9904€40,954€28,988€33,826€32,996▼ 2.5%
Profit (loss) for the period to be appropriated9905€40,954€28,988€33,826€32,996▼ 2.5%
Line2022202320242025Change
Assets
Total assets20/58€313,036€306,275€316,375€311,105▼ 1.7%
Fixed assets21/28€272,503€275,387€276,140€281,255▲ 1.9%
Tangible fixed assets22/27€2,503€5,387€6,140€11,255▲ 83.3%
Plant, machinery and equipment23€549€330€110--
Furniture and vehicles24€1,954€5,058€6,030€11,255▲ 86.7%
Financial fixed assets28€270,000€270,000€270,000€270,000=
Current assets29/58€40,533€30,888€40,235€29,850▼ 25.8%
Amounts receivable within one year40/41€22,267€2-€11,979-
Trade receivables40€22,267--€11,979-
Other amounts receivable41-€2---
Cash at bank and in hand54/58€18,071€22,101€34,130€14,315▼ 58.1%
Deferred charges and accrued income490/1€196€8,784€6,106€3,556▼ 41.8%
Equity and liabilities
Total equity and liabilities10/49€313,036€306,275€316,375€311,105▼ 1.7%
Equity10/15€45,954€74,942€108,769€116,765▲ 7.4%
Contributions10/11€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€40,954€69,942€103,769€111,765▲ 7.7%
Amounts payable17/49€267,082€231,332€207,606€194,340▼ 6.4%
Amounts payable after more than one year17€206,000€170,000€134,000€114,000▼ 14.9%
Other amounts payable178/9€206,000€170,000€134,000€114,000▼ 14.9%
Amounts payable within one year42/48€60,467€61,332€73,606€80,340▲ 9.1%
Current portion of amounts payable after more than one year42€36,000€38,000€35,000€19,000▼ 45.7%
Trade debts44€2,188€435€453€1,305▲ 188%
Suppliers440/4€2,188€435€453€1,305▲ 188%
Taxes, remuneration and social security45€20,660€18,447€31,580€37,328▲ 18.2%
Taxes450/3€20,660€18,447€31,580€37,328▲ 18.2%
Other amounts payable47/48€1,619€4,451€6,573€22,706▲ 245%
Accrued charges and deferred income492/3€615----
Line2022202320242025Change
Profit (loss) for the period9904€40,954€28,988€33,826€32,996▼ 2.5%
+ Depreciation and write-downs630€481€1,486€1,748€1,935▲ 10.7%
Operating cash flow (approximation)€41,435€30,474€35,574€34,931▼ 1.8%
Investment in fixed assets (approximation)--€4,370-€2,500-€7,050▼ 182%
Change in cash-€4,031€12,028-€19,814-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-03-2026 2026-00060295
31-12-2024 abbreviated format 07-07-2025 2025-00244611
31-12-2023 micro format 14-08-2024 2024-00346593
31-12-2022 micro format 23-08-2023 2023-00355765

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 13,098 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of CPM Construct and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 1 of 2 Gazette acts processed.

History

CPM Construct was incorporated on 24 January 2022 as a private limited company.1 The registered office was moved to Dilbeek in 2025.2 Total assets went from €313,036 in 2022 to €311,105 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-05-2025
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-03
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
07-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
21-05
Gazette deed Registered office · Amendment of the articles
Registered-office move · Capital · Registered office clause6 facts ▸
  • General meeting, 28-04-2025
  • Other provision, “agenda” (deed in French)
  • Registered-office move, Lennikseweg,1,1700 Dilbeek
  • Amendment of the articles
  • Capital
  • Registered office clause, “1700 Dilbeek,Lennikseweg,1, Vierde besluit” (deed in French)
2024
31-12
Financial Equity above €100,000equity €108,769 ▲45.1%
A profit in every financial year since 2022 builds equity to €108,769.
14-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 14 days late
2023
31-12
Financial Weakest financial yearnet €28,988 ▼29.2%
Net result drops to €28,988, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 23 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one 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.

Register details

Identification
Legal formPrivate limited company
Founded24-01-2022
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002General construction of office buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780788236
Registered 24-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0780.788.236

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2022
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 KBO register.

Lennikseweg 11700 Dilbeek
1 establishment unit
CPM Construct
Lennikseweg 1, 1700 DilbeekBuying and selling of own real estate
since 2022unit no. 2.328.309.806

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CPM Construct
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, voor zover geen wijziging inzake toepasselijk taalregime” (deed in French)

deed of 21-05-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering die bestuurder(s) benoemt bepaalt aantal duur opdracht en indien meerdere bestuurders bevoegdheid” (deed in French)
“Vaste of evenredige vergoeding, op algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in French)

deed of 21-05-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, aandeelhouders mogen kennisnemen betreffende hun effecten” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer…” (deed in French)

deed of 21-05-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, op elk moment” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in French)

deed of 21-05-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aandelen moeten bij hun uitgifte worden volgestort, Stortingsplicht” (deed in French)
Other provision: “Inbreng in geld met uitgifte van nieuwe aandelen-Recht van voorkeur, dag van openstelling van de intekening” (deed in French)
Other provision: “Dagelijks bestuur, kan hen op elk ogenblik ontslaan” (deed in French)
Other provision: “Controle van de vennootschap, één of meerdere commissarissen” (deed in French)
Other provision: “Zittingen processen-verbaal algemene vergadering, aanwezigheidslijst,verslagen,volmachten,schriftelijke stemmingen gehecht” (deed in French)
Other provision: “Gewone of buitengewone, verdaging algemene vergadering” (deed in French)
Other provision: “Bestemming winst-reserves, algemene vergadering” (deed in French)
Other provision: “Voorschotten op dividenden, bestuursorgaan” (deed in French)
Other provision: “Mededelingen,aanmaningen,dagvaardingen,betekeningen geldig, woonstkeuze” (deed in French)
Other provision: “Gerechtelijke bevoegdheid, zaken vennootschap en uitvoering statuten tussen…” (deed in French)
Other provision: “Gemeen recht, niet-geldig-afgeweken bepalingen geacht ingeschreven in akte” (deed in French)
3 more provisions in the deed, see the deed of 21-05-2025

deed of 21-05-2025