CS CONSTRUCT
ActiveCS CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187k and a net result of €5k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 2.36 in 2024; short-term debt: 16.5% and cash: 26.6% of total assets), and 16.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
2.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
59 d late
2023
1 d early
2022
17 d late
2021
28 d late
2020
24 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k
2024 · €-3k
2019: €10k
2020: €9k
2021: €15k
2022: €74k
2023: €21k
2024: €-3k
2019 → 2025
Working capital
€61k▲ 20.1%
2024 · €51k
2019: €-53k
2020: €-55k
2021: €-52k
2022: €22k
2023: €49k
2024: €51k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€90k-€164k▲ 81.5%€185k▲ 12.8%€182k▼ 1.6%€187k▲ 2.8%
Operating result€24k-€19k▼ 21.7%€32k▲ 66.9%€-3k€7k
Net result€15k-€74k▲ 397%€21k▼ 71.5%€-3k€5k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224k
Fixed assets
€126k▼ 3.9%
Current assets
€98k▲ 11.2%
Equity and liabilities €224k
Equity
€187k▲ 2.8%
Debt
€37k▼ 0.9%
The debt ratio falls from 17.0% to 16.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €2k
Cash flow
€10k▲
2024 · €2k
Solvency
83.5%▲
2024 · 83.0%
Current ratio
2.65▲
2024 · 2.36
Quick ratio
2.65▲
2024 · 2.36
Debt / equity
0.20▼
2024 · 0.20
ROE
2.7%▲
2024 · -1.6%
ROA
2.2%▲
2024 · -1.3%
Interest coverage
267.81▲
2024 · 48.76
Debt
€37k▼
2024 · €37k
Debt ≤ 1 year
€37k▼
2024 · €37k
Income taxes
€2k▲
2024 · €-61
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€219k€224k▲
Fixed assets21/28€131k€126k▼
Tangible fixed assets22/27€46k€41k▼
Land and buildings22€46k€41k▼
Financial fixed assets28€85k€85k=
Current assets29/58€88k€98k▲
Amounts receivable within one year40/41€38k€38k▲
Trade receivables40€38k€38k=
Other amounts receivable41-€80
Cash at bank and in hand54/58€50k€60k▲
Equity and liabilities
Total equity and liabilities10/49€219k€224k▲
Equity10/15€182k€187k▲
Contributions10/11€62k€62k=
Reserves13€123k€125k▲
Distributable reserves133€123k€125k▲
Profit (loss) carried forward14€-3k-
Amounts payable17/49€37k€37k▼
Amounts payable within one year42/48€37k€37k▼
Trade debts44€2k€250▼
Suppliers440/4€2k€250▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3-€2k
Remuneration and social security454/9€1k-
Other amounts payable47/48€35k€35k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€991€1k▲
Gross operating margin9900€3k€13k▲
Operating profit (loss)9901€-3k€7k▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€-3k€7k▲
Income taxes67/77€-61€2k▲
Profit (loss) for the period9904€-3k€5k▲
Profit (loss) for the period to be appropriated9905€-3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€2k▲
Profit (loss) brought forward from the previous period14P€0€-3k▼
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 59 days late
2024
30-06
Financial
Weakest financial yearnet €-3k ▼114%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
30-06
Financial
Highest result since 2019net €74k ▲397%
Net result €74k, the highest in the series.
30-06
Financial
Liquidity times 18current ratio 1.47
Current ratio from 0.08 to 1.47; short-term debt falls from €56k to €47k.
30-06
Financial
Equity above €150kEq €164k ▲81.5%
4 profitable years in a row build equity to €164k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
2021
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 56 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 2007
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.
Rue de Fleurjoux(FL) 2296220 FleurusGround area
1,178 m²
Building footprint
145 m²
Volume, LiDAR
989 m³
Parcel 52021B0180/00Y000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CS CONSTRUCT
since 20072.163.269.056
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021B0180/00Y000 | Wallonia | 1,178 m² | 1 · 145 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,286 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2007
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.