CSTRUCT
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €190,000 and €460,000.
Balance sheet
balance sheet total €1.4m on 31-12-2025in euro
in euro
Position in the sector
25.1%
Higher than 45% of 19,823 companies in 2025.
1.44
Higher than 57% of 18,999 companies in 2025.
6.9%
Higher than 71% of 19,465 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
1.4m | 927,538 | 1.5m | 1.1m | 1.4m | 1.6m | |
20 |
- | 0 | 197 | 429 | 662 | 895 | |
21/28 |
10,642 | - | - | - | - | - | |
28 |
10,642 | - | - | - | - | - | |
29/58 |
1.4m | 927,538 | 1.5m | 1.1m | 1.4m | 1.6m | |
3 |
820,669 | 270,882 | 103,299 | 57,266 | 24,331 | 731,129 | |
30/36 |
820,669 | 270,882 | 103,299 | 57,266 | 24,331 | 731,129 | |
40/41 |
195,672 | 103,288 | 1.1m | 220,846 | 258,331 | 45,336 | |
40 |
73,952 | 96,420 | 1.0m | 211,892 | 57,857 | 44,871 | |
41 |
121,720 | 6,868 | 24,676 | 8,954 | 200,473 | 465 | |
50/53 |
360,360 | 365,865 | 325,454 | 300,000 | - | - | |
54/58 |
9,226 | 184,181 | 31,969 | 511,866 | 1.2m | 804,872 | |
490/1 |
160 | 3,323 | 1,279 | 1,604 | 1,596 | 875 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
1.4m | 927,538 | 1.5m | 1.1m | 1.4m | 1.6m | |
10/15 |
350,553 | 254,233 | 195,060 | 195,060 | 153,430 | 107,731 | |
10/11 |
80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | |
13 |
230,553 | 134,233 | 75,060 | 75,060 | 73,430 | 27,731 | |
133 |
230,553 | 134,233 | 75,060 | 75,060 | 73,430 | 27,731 | |
14 |
40,000 | 40,000 | 40,000 | 40,000 | - | - | |
17/49 |
1.0m | 673,305 | 1.3m | 896,952 | 1.3m | 1.5m | |
17 |
80,000 | 227,000 | 227,000 | 227,000 | 227,000 | 227,000 | |
170/4 |
80,000 | 227,000 | 227,000 | 227,000 | 227,000 | 227,000 | |
42/48 |
962,975 | 442,676 | 1.1m | 666,323 | 1.1m | 1.2m | |
42 |
- | - | - | - | - | 212,000 | |
43 |
140,000 | 0 | 220,000 | - | - | - | |
430/8 |
140,000 | 0 | 220,000 | - | - | - | |
44 |
301,470 | 137,214 | 386,734 | 106,586 | 289,429 | 322,039 | |
440/4 |
301,470 | 137,214 | 386,734 | 106,586 | 289,429 | 322,039 | |
46 |
127,812 | 0 | 84,954 | 308,169 | 458,393 | 284,810 | |
45 |
20,453 | 12,021 | 8,879 | 59,939 | 118,690 | 73,457 | |
450/3 |
20,453 | 12,021 | 8,879 | 59,939 | 118,690 | 73,457 | |
47/48 |
373,240 | 293,440 | 405,010 | 191,629 | 187,307 | 345,614 | |
492/3 |
3,200 | 3,629 | 5,334 | 3,629 | 5,379 | 10,456 | |
| Income statement | |||||||
9900 |
140,085 | 44,628 | -5,805 | 10,148 | 69,852 | 69,145 | |
630 |
0 | 197 | 233 | 233 | 233 | 268 | |
640/8 |
3,176 | 5,436 | 1,946 | 1,052 | 744 | 19,207 | |
9901 |
136,909 | 38,995 | -7,984 | 8,863 | 68,875 | 49,670 | |
75/76B |
26,391 | 51,176 | 52,154 | 52,049 | 26,822 | 2,995 | |
75 |
26,391 | 51,176 | 52,154 | 52,049 | 26,822 | 2,995 | |
65/66B |
18,623 | 12,290 | 9,457 | 6,504 | 30,725 | 12,286 | |
65 |
18,623 | 12,290 | 9,457 | 6,504 | 20,498 | 12,286 | |
66B |
- | - | - | 0 | 10,227 | - | |
9903 |
144,676 | 77,881 | 34,714 | 54,407 | 64,972 | 40,380 | |
67/77 |
48,356 | 18,709 | 3,667 | 11,176 | 17,673 | 11,049 | |
9904 |
96,320 | 59,173 | 31,047 | 43,231 | 47,299 | 29,331 | |
9905 |
96,320 | 59,173 | 31,047 | 43,231 | 47,299 | 29,331 | |
| Appropriation of the result | |||||||
9906 |
136,320 | 99,173 | 71,047 | 43,231 | 47,299 | 29,331 | |
14P |
40,000 | 40,000 | 40,000 | - | - | - | |
691/2 |
96,320 | 59,173 | 0 | 1,631 | 45,699 | 27,731 | |
6921 |
96,320 | 59,173 | 0 | 1,631 | 45,699 | 27,731 | |
694/7 |
- | 0 | 31,047 | 1,600 | 1,600 | 1,600 | |
694 |
- | 0 | 31,047 | 1,600 | 1,600 | 1,600 | |
| Social balance sheet | |||||||
9087 |
- | - | 0 | - | - | - | |
| Document | |||||||
The notes to these accounts have 7 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 23-07-2026.
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 | 23-07-2026 | 2026-00331909 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00169852 | |
| 31-12-2023 | abbreviated format | 01-07-2024 | 2024-00199356 | |
| 31-12-2022 | abbreviated format | 27-07-2023 | 2023-00290593 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20360245 | |
| 31-12-2020 | abbreviated format | 28-06-2021 | 2021-28200059 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 136,909 | 39,192 | -7,751 | 9,096 | 69,108 | 49,938 | ||
| 96,320 | 59,369 | 31,280 | 43,463 | 47,532 | 29,599 | ||
| 10,642 | 0 | 0 | 0 | 0 | - | ||
| -174,954 | 152,211 | -479,897 | -642,841 | 349,835 | - | ||
| 423,112 | 484,862 | 427,197 | 425,260 | 385,146 | 344,292 | ||
| 25.1% | 27.4% | 12.7% | 17.9% | 10.7% | 6.8% | ||
| 1.44 | 2.10 | 1.39 | 1.64 | 1.37 | 1.28 | ||
| 0.59 | 1.48 | 1.29 | 1.55 | 1.34 | 0.69 | ||
| 2.98 | 2.65 | 6.86 | 4.60 | 8.38 | 13.70 | ||
| 27.5% | 23.3% | 15.9% | 22.2% | 30.8% | 27.2% | ||
| 6.9% | 6.4% | 2.0% | 4.0% | 3.3% | 1.9% | ||
| 7.35 | 3.19 | -0.82 | 1.40 | 3.37 | - |
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €10,642 | - | - | - | - |
| €0 | €197 | €233 | €233 | €233 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CSTRUCT
The operating result for 2025 is 3.5 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 72.6% to 74.9%. Equity and debt are higher.