Equity
CSO CONSTRUCT paid out €53,000 in dividends. That is 96% of the 2025 profit.
CSO CONSTRUCT paid out €53,000 in dividends. That is 96% of the 2025 profit.
The accounts state no turnover.
Debts rose by €275,743 in 2025.
Green is investment, beige is depreciation.
In 2025, 4 people joined and 3 left.
The 2023 accounts came 50 days late. The other nine of the last ten were filed on time.
In July 2024, 10,904 companies had the same profile as CSO CONSTRUCT has now. Each dot stands for 28 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for CSO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| CSO CONSTRUCT Soumagne | €1.1m | €389,914 | 34.7% | 4.5 |
| CLAESSENS INDUSTRIE SERVICES Kapellen | €1.0m | €402,400 | 8.0% | 5 |
| LD METAALDESIGN Tongeren-Borgloon | €1.2m | €507,995 | 11.9% | 4.5 |
| STR Schweisstechnik ROTHEUDT Eupen | €0.8m | €397,901 | 56.0% | 6.2 |
| RF-Montagebau Raeren | €0.8m | €465,001 | 46.8% | 4 |
| GEERT VERSTRAETEN Lier | €1.1m | €439,524 | 50.7% | 6 |
| Louwet Staalbouw Lommel | €1.3m | €494,126 | 85.4% | 3.9 |
These companies have the same main activity as CSO CONSTRUCT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €829,000 and €1.3m, founded between 2005 and 2012.
CSO CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €60,613 in 2008 to €389,914 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €920,000. Estimated: probably between €550,000 and €1.6m.
Higher than 36% of 1,245 companies in 2025.
Higher than 12% of 1,226 companies in 2025.
Higher than 50% of 1,244 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 3 left. Training hours in 2025: 288.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
1.1m | 860,045 | 834,723 | 836,053 | 855,998 | 865,921 | 902,694 | 991,662 | 890,970 | 769,174 | 803,371 | 835,355 | 545,132 | 465,704 | 219,160 | 193,915 | 175,336 | 208,313 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 465 | 1,084 | 1,704 | 2,323 | |
21/28 |
807,544 | 689,533 | 696,056 | 658,613 | 716,054 | 750,270 | 732,173 | 791,769 | 754,100 | 671,436 | 722,029 | 750,554 | 479,566 | 374,756 | 157,305 | 147,650 | 156,786 | 156,592 | |
21 |
- | - | - | - | - | - | - | - | - | 6,000 | 14,000 | 22,000 | 30,000 | 38,000 | 46,000 | 54,000 | 62,000 | 70,000 | |
22/27 |
807,359 | 689,348 | 695,871 | 658,428 | 715,869 | 750,085 | 731,988 | 791,584 | 754,050 | 665,386 | 707,979 | 728,504 | 449,516 | 336,706 | 110,790 | 92,515 | 92,033 | 84,219 | |
22 |
470,770 | 499,393 | 528,016 | 556,638 | 582,695 | 594,579 | 584,256 | 598,686 | 617,476 | 642,403 | 660,385 | 646,283 | 367,086 | 252,085 | - | - | - | - | |
23 |
106,808 | 143,612 | 113,976 | 44,191 | 70,966 | 110,158 | 125,550 | 168,829 | 129,130 | 9,762 | 28,922 | 47,649 | 63,661 | 55,229 | 68,388 | 77,576 | 87,186 | 83,875 | |
24 |
27,401 | 16,537 | 3,702 | 5,286 | 11,816 | 16,681 | 22,183 | 24,069 | 7,444 | 13,220 | 18,672 | 34,572 | 18,768 | 29,392 | 42,402 | 14,940 | 4,846 | 344 | |
25 |
14,768 | 29,807 | 50,178 | 52,313 | 50,392 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
27 |
187,612 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
185 | 185 | 185 | 185 | 185 | 185 | 185 | 185 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 1,050 | 50 | |
29/58 |
327,279 | 170,512 | 138,667 | 177,440 | 139,944 | 115,652 | 170,521 | 199,893 | 136,870 | 97,739 | 81,341 | 84,802 | 65,566 | 90,947 | 61,855 | 46,266 | 18,550 | 51,721 | |
3 |
104,417 | 50,311 | 24,948 | 25,694 | 5,614 | 17,924 | 15,900 | 38,938 | 29,782 | 15,776 | 15,260 | 24,600 | 15,000 | 17,500 | - | - | - | 10,000 | |
30/36 |
23,150 | 25,061 | 24,948 | 25,694 | 5,614 | 17,924 | 15,900 | 16,438 | 29,782 | 15,776 | 15,260 | 14,600 | - | - | - | - | - | - | |
37 |
81,267 | 25,250 | - | - | - | - | - | 22,500 | - | - | - | 10,000 | 15,000 | 17,500 | - | - | - | 10,000 | |
40/41 |
188,884 | 116,329 | 110,191 | 148,071 | 118,753 | 94,900 | 151,455 | 155,923 | 102,685 | 81,409 | 62,703 | 57,363 | 37,225 | 70,721 | 60,320 | 45,859 | 17,087 | 36,789 | |
40 |
118,579 | 62,157 | 63,847 | 107,343 | 43,612 | 27,755 | 92,374 | 101,314 | 74,558 | 69,703 | 41,250 | 51,600 | 16,461 | 56,313 | 54,572 | 39,105 | 16,377 | 29,479 | |
41 |
70,305 | 54,172 | 46,343 | 40,729 | 75,141 | 67,145 | 59,081 | 54,609 | 28,127 | 11,706 | 21,453 | 5,763 | 20,764 | 14,407 | 5,748 | 6,753 | 709 | 7,310 | |
54/58 |
29,787 | 127 | 90 | 90 | 12,277 | - | - | - | - | - | - | - | 9,656 | - | - | - | - | - | |
490/1 |
4,190 | 3,745 | 3,438 | 3,584 | 3,300 | 2,828 | 3,165 | 5,032 | 4,403 | 554 | 3,379 | 2,839 | 3,684 | 2,727 | 1,535 | 407 | 1,464 | 4,932 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
1.1m | 860,045 | 834,723 | 836,053 | 855,998 | 865,921 | 902,694 | 991,662 | 890,970 | 769,174 | 803,371 | 835,355 | 545,132 | 465,704 | 219,160 | 193,915 | 175,336 | 208,313 | |
10/15 |
393,777 | 394,743 | 363,625 | 337,468 | 304,570 | 316,840 | 264,602 | 228,390 | 193,795 | 180,685 | 161,359 | 144,099 | 101,780 | 81,261 | 69,856 | 21,780 | 13,545 | 12,533 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | |
13 |
158,128 | 155,808 | 121,406 | 91,860 | 54,860 | 54,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
158,128 | 155,808 | 121,406 | 90,000 | 53,000 | 53,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
184,199 | 184,199 | 184,199 | 184,199 | 183,978 | 191,926 | 191,582 | 152,085 | 147,055 | 132,303 | 111,334 | 92,431 | 81,320 | 72,401 | 60,996 | 12,920 | 4,685 | 3,673 | |
15 |
32,850 | 36,135 | 39,420 | 42,809 | 47,131 | 51,454 | 52,560 | 55,845 | 26,280 | 27,923 | 29,565 | 31,208 | - | - | - | - | - | - | |
17/49 |
741,046 | 465,303 | 471,098 | 498,585 | 551,428 | 549,081 | 638,092 | 763,272 | 697,175 | 588,489 | 642,011 | 691,256 | 443,352 | 384,442 | 149,304 | 172,135 | 161,791 | 195,780 | |
17 |
336,074 | 216,947 | 243,093 | 262,233 | 339,009 | 384,161 | 419,147 | 450,394 | 492,854 | 443,342 | 494,077 | 546,546 | 380,322 | 271,296 | 36,427 | 26,719 | 38,652 | 18,144 | |
170/4 |
298,074 | 178,947 | 205,093 | 224,233 | 301,009 | 346,161 | 381,147 | 412,394 | 454,854 | 405,342 | 456,077 | 508,546 | 342,322 | 233,296 | 36,427 | 26,719 | 38,652 | 18,144 | |
178/9 |
38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | 38,000 | - | - | - | - | |
42/48 |
404,725 | 248,290 | 227,611 | 236,352 | 212,419 | 164,921 | 218,185 | 311,699 | 203,353 | 143,554 | 145,792 | 139,280 | 57,998 | 109,393 | 112,364 | 144,951 | 123,086 | 177,607 | |
42 |
66,078 | 86,527 | 109,385 | 92,190 | 97,213 | 116,249 | 94,436 | 93,116 | 80,489 | 50,735 | 52,469 | 55,223 | 38,549 | 28,131 | 18,282 | 11,932 | 11,362 | 4,628 | |
43 |
33,218 | 8,160 | 65,337 | 11,061 | - | 12,410 | 38,228 | 105,345 | 85,940 | 35,797 | 43,329 | 61,360 | - | 33,407 | 19,721 | 27,346 | 6,692 | 8,984 | |
430/8 |
33,218 | 8,160 | 65,337 | 11,061 | - | 12,410 | 38,228 | 105,345 | 85,940 | 35,797 | 43,329 | 61,360 | - | 33,407 | 19,721 | 27,346 | 6,692 | 8,984 | |
44 |
104,211 | 24,308 | 15,888 | 102,571 | 28,418 | 18,107 | 30,523 | 102,224 | 30,692 | 37,343 | 37,715 | 9,851 | 11,852 | 26,436 | 15,159 | 30,905 | 26,778 | 57,270 | |
440/4 |
104,211 | 24,308 | 15,888 | 102,571 | 28,418 | 18,107 | 30,523 | 102,224 | 30,692 | 37,343 | 37,715 | 9,851 | 11,852 | 26,436 | 15,159 | 30,905 | 26,778 | 57,270 | |
46 |
110,000 | 101,000 | - | 8,696 | 41,596 | - | 35,110 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
40,868 | 28,294 | 37,001 | 21,834 | 15,193 | 18,154 | 19,887 | 11,014 | 6,232 | 19,680 | 12,280 | 12,847 | 7,207 | 7,467 | 21,517 | 4,788 | 5,105 | 1,812 | |
450/3 |
19,522 | 10,251 | 20,901 | 11,426 | 748 | 8,181 | 9,730 | 734 | 358 | 5,554 | 7,896 | 5,633 | 3,225 | 4,385 | 18,255 | 4,770 | 1,381 | 379 | |
454/9 |
21,346 | 18,043 | 16,100 | 10,408 | 14,445 | 9,974 | 10,157 | 10,280 | 5,874 | 14,126 | 4,384 | 7,214 | 3,982 | 3,082 | 3,262 | 18 | 3,725 | 1,434 | |
47/48 |
50,350 | - | - | - | 30,000 | - | - | - | - | - | - | - | 389 | 13,952 | 37,685 | 69,980 | 73,149 | 104,911 | |
492/3 |
247 | 66 | 394 | - | - | - | 760 | 1,179 | 968 | 1,593 | 2,142 | 5,431 | 5,032 | 3,753 | 513 | 464 | 53 | 29 | |
| Income statement | |||||||||||||||||||
9900 |
389,914 | 320,990 | 269,445 | 260,828 | 282,455 | 298,584 | 263,083 | 200,179 | 185,731 | 177,528 | 178,245 | 166,247 | 138,081 | 137,688 | 146,794 | 46,463 | 61,940 | 60,613 | |
62 |
185,639 | 152,315 | 129,219 | 106,825 | 126,800 | 126,576 | 111,055 | 86,409 | 70,814 | 66,452 | 57,522 | 61,471 | 48,883 | 37,269 | 25,222 | 529 | 28,659 | 30,544 | |
630 |
98,276 | 94,661 | 75,483 | 84,039 | 112,920 | 94,319 | 86,780 | 89,593 | 79,003 | 58,775 | 68,706 | 67,481 | 53,090 | 76,967 | 41,233 | 30,273 | 25,055 | 25,358 | |
640/8 |
10,553 | 9,109 | 8,691 | 7,933 | 9,130 | 611 | 343 | 1,765 | 1,508 | 1,480 | 4,589 | 3,425 | 2,686 | 2,860 | 4,301 | 864 | 1,943 | - | |
66A |
- | - | - | - | - | - | - | - | - | 5,446 | - | - | 9,262 | 1,764 | - | - | - | - | |
9901 |
95,445 | 64,904 | 56,053 | 62,031 | 33,604 | 77,079 | 64,905 | 22,412 | 34,406 | 50,821 | 47,428 | 33,869 | 33,423 | 20,592 | 76,038 | 14,796 | 6,282 | 4,712 | |
75/76B |
5,906 | 3,433 | 3,605 | 5,051 | 4,747 | 6,983 | 3,382 | 3,721 | 2,810 | 1,654 | 2,161 | 2,842 | 1,529 | 2,229 | 1,388 | 3,417 | 1,355 | 2,810 | |
75 |
5,906 | 3,433 | 3,605 | 5,051 | 4,747 | 6,983 | 3,382 | 3,721 | 2,810 | 1,654 | 2,161 | 2,842 | 1,529 | 2,229 | 1,388 | 3,417 | 1,355 | 2,810 | |
65/66B |
15,660 | 17,660 | 15,636 | 13,435 | 15,551 | 16,208 | 20,610 | 21,103 | 22,187 | 28,289 | 25,769 | 23,192 | 13,547 | 5,267 | 4,863 | 4,978 | 5,622 | 1,609 | |
65 |
15,660 | 17,660 | 15,636 | 13,435 | 15,551 | 16,208 | 20,610 | 21,103 | 22,187 | 22,843 | 25,769 | 23,192 | 13,547 | 5,267 | 4,863 | 4,978 | 5,622 | 1,609 | |
66B |
- | - | - | - | - | - | - | - | - | 5,446 | - | - | - | - | - | - | - | - | |
9903 |
85,691 | 50,678 | 44,022 | 53,647 | 22,800 | 67,853 | 47,677 | 5,030 | 15,028 | 24,186 | 23,820 | 13,519 | 12,144 | 15,790 | 72,563 | 13,235 | 2,014 | 5,913 | |
67/77 |
30,372 | 16,275 | 14,476 | 16,426 | 748 | 14,509 | 8,181 | - | 276 | 3,217 | 4,917 | 2,408 | 3,225 | 4,385 | 24,487 | 4,999 | 1,002 | 380 | |
9904 |
55,319 | 34,402 | 29,546 | 37,221 | 22,052 | 53,344 | 39,496 | 5,030 | 14,753 | 20,968 | 18,903 | 11,112 | 8,918 | 11,405 | 48,076 | 8,235 | 1,012 | 5,533 | |
9905 |
55,319 | 34,402 | 29,546 | 37,221 | 22,052 | 53,344 | 39,496 | 5,030 | 14,753 | 20,968 | 18,903 | 11,112 | 8,918 | 11,405 | 48,076 | 8,235 | 1,012 | 5,533 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
239,519 | 218,602 | 213,745 | 221,199 | 213,978 | 244,926 | 191,582 | 152,085 | 147,055 | 132,303 | 111,334 | 92,431 | 81,320 | 72,401 | 60,996 | 12,920 | 4,685 | 5,533 | |
14P |
184,199 | 184,199 | 184,199 | 183,978 | 191,926 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
53,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
55,319 | 34,402 | 29,546 | 37,000 | - | 53,000 | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
55,319 | 34,402 | 29,546 | 37,000 | - | 53,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
53,000 | - | - | - | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
53,000 | - | - | - | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
4.5 | 2.8 | 3.5 | 3.4 | 4.4 | 4.2 | 3.6 | 3 | 3.1 | 3.2 | 2.8 | 2.7 | 2.1 | 2 | 1.6 | 0.1 | 1.1 | 1 | |
Hours worked1013 |
6,829 | 4,016 | 5,117 | 5,007 | 6,286 | 6,443 | 5,551 | 4,740 | 46,545 | 4,511 | 3,624 | 4,689 | 3,531 | 3,634 | 2,627 | 8 | 1,572 | 1,766 | |
| Document | |||||||||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-07-2026 | 2026-00350531 | |
| 31-12-2024 | full format | 29-07-2025 | 2025-00334022 | |
| 31-12-2023 | full format | 19-09-2024 | 2024-00470346 | |
| 31-12-2022 | full format | 24-07-2023 | 2023-00274740 | |
| 31-12-2021 | micro format | 22-07-2022 | 2022-20220279 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42200247 | |
| 31-12-2019 | micro format | 01-07-2020 | 2020-24800068 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38500170 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-37500137 | |
| 31-12-2016 | full format | 27-07-2017 | 2017-36200553 | |
| 31-12-2015 | full format | 09-08-2016 | 2016-41600525 | |
| 31-12-2014 | full format | 31-07-2015 | 2015-38500014 | |
| 31-12-2013 | full format | 29-07-2014 | 2014-38900038 | |
| 31-12-2012 | full format | 31-07-2013 | 2013-37600249 | |
| 31-12-2011 | full format | 20-07-2012 | 2012-31700531 | |
| 31-12-2010 | full format | 27-07-2011 | 2011-33800065 | |
| 31-12-2009 | full format | 27-07-2010 | 2010-34900163 | |
| 31-12-2008 | full format | 06-07-2009 | 2009-36500042 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 193,721 | 159,565 | 131,535 | 146,070 | 146,524 | 171,397 | 151,685 | 112,006 | 113,409 | 109,596 | 116,134 | 101,350 | 86,513 | 97,559 | 117,271 | 45,070 | 31,338 | 30,069 | ||
| 153,596 | 129,063 | 105,029 | 121,260 | 134,972 | 147,663 | 126,276 | 94,623 | 93,756 | 79,744 | 87,609 | 78,593 | 62,008 | 88,372 | 89,308 | 38,509 | 26,068 | 30,890 | ||
| 216,287 | 88,138 | 112,926 | 26,599 | 78,705 | 112,415 | 27,184 | 127,262 | 161,668 | 8,182 | 40,182 | 338,469 | 157,899 | 257,778 | 51,715 | 22,137 | 25,250 | 178,852 | ||
| 29,660 | 37 | 0 | -12,187 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| -77,446 | -77,778 | -88,945 | -58,912 | -72,475 | -49,269 | -47,664 | -111,806 | -66,483 | -45,815 | -64,450 | -54,479 | 7,568 | -18,446 | -50,509 | -98,686 | -104,536 | -125,886 | ||
| 34.7% | 45.9% | 43.6% | 40.4% | 35.6% | 36.6% | 29.3% | 23.0% | 21.8% | 23.5% | 20.1% | 17.3% | 18.7% | 17.4% | 31.9% | 11.2% | 7.7% | 6.0% | ||
| 0.81 | 0.69 | 0.61 | 0.75 | 0.66 | 0.70 | 0.78 | 0.64 | 0.67 | 0.68 | 0.56 | 0.61 | 1.13 | 0.83 | 0.55 | 0.32 | 0.15 | 0.29 | ||
| 0.55 | 0.48 | 0.50 | 0.64 | 0.63 | 0.59 | 0.71 | 0.52 | 0.53 | 0.57 | 0.45 | 0.43 | 0.87 | 0.67 | 0.55 | 0.32 | 0.15 | 0.23 | ||
| 1.88 | 1.18 | 1.30 | 1.48 | 1.81 | 1.73 | 2.41 | 3.34 | 3.60 | 3.26 | 3.98 | 4.80 | 4.36 | 4.73 | 2.14 | 7.90 | 11.94 | 15.62 | ||
| 14.0% | 8.7% | 8.1% | 11.0% | 7.2% | 16.8% | 14.9% | 2.2% | 7.6% | 11.6% | 11.7% | 7.7% | 8.8% | 14.0% | 68.8% | 37.8% | 7.5% | 44.1% | ||
| 4.9% | 4.0% | 3.5% | 4.5% | 2.6% | 6.2% | 4.4% | 0.5% | 1.7% | 2.7% | 2.4% | 1.3% | 1.6% | 2.4% | 21.9% | 4.2% | 0.6% | 2.7% | ||
| 12.37 | 9.04 | 8.41 | 10.87 | 9.42 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 4 | 4 | 6 |
| full-time | 3 | 2 | 3 | 3 | 5 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 3.8 | 2.8 | 3.8 | 3.8 | 5.8 |
| 4.5 | 2.8 | 3.5 | 3.4 | 4.4 | |
| On a permanent contract | 4 | 3 | 3 | 2 | 4 |
| Joined | 4 | 3 | 5 | 1 | 3 |
| Left | 3 | 4 | 5 | 3 | 3 |
| Training hours | 288 | - | 516 | 1,060 | 368 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €216,287 | €88,138 | €112,926 | €26,599 | €78,705 |
| €98,276 | €94,661 | €75,483 | €84,039 | €112,920 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 47% higher than in 2024 and the highest since 2008. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 54.1% to 65.3%. Equity is lower and debt is higher.
CSO CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. CSO CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Valeureux Champs 69 registered office 4633 Soumagne | ||
| Rue de Maestricht 46 4651 Herve | 11-01-2008 | 2.167.660.681 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63006A0097/00K002 | 6,290 m² | 1 · 455 m² | 5.6 m · 1 |
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. Use the enterprise number 0894.281.008
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