Equity
CSTRUCT has made a profit in every financial year since 2020.
CSTRUCT has made a profit in every financial year since 2020.
The accounts state no turnover.
Of this, €962,975 falls due within a year.
Short-term debts rose from €442,676 to €962,975.
The 2021 accounts came 30 days late. The other five were filed on time.
Higher net result than 90% of companies in real estate. Sector median €5,862 · 19,810 companies.
In July 2024, 2,684 companies had the same profile as CSTRUCT has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,684 companies, not a prediction for CSTRUCT. 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 | ||||
|---|---|---|---|---|
| CSTRUCT Laarne | €1.4m | €140,085 | 25.1% | - |
| De Gezinswoning Gavere | €1.6m | €147,724 | 5.7% | - |
| SIEMMO Deinze | €1.4m | €176,972 | 37.0% | - |
| VAST FB Beveren-Kruibeke-Zwijndrecht | €1.6m | €130,252 | 94.5% | - |
| Stilix Evergem | €1.2m | €137,608 | 10.8% | 1.8 |
| BRUBO Aalst | €1.7m | €134,466 | 7.0% | - |
| 4EVER Construct Merelbeke-Melle | €1.7m | €103,204 | 1.3% | - |
These companies have the same main activity as CSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 2019 and 2020.
CSTRUCT files the micro format. That format states no turnover. The gross margin rose from €69,145 in 2020 to €140,085 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover 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.
Higher than 45% of 19,823 companies in 2025.
Higher than 57% of 18,999 companies in 2025.
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
| 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.
| 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 |
| 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.
| 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)
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.
CSTRUCT has no parent and no holdings in its annual accounts.
The network lets you explore the ties of CSTRUCT.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
All 20 environmental permit applications
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Bosstraat 31 registered office 9270 Laarne | 06-11-2019 | 2.299.129.731 |
| 19-03-2026 | Granted | Het reliëf van de bodem aanmerkelijk wijzigen submitted 24-12-2025 · project 2025156940 | Laarne |
| 22-01-2026 | Granted | Het reliëf van de bodem aanmerkelijk wijzigen submitted 21-01-2025 · Subdivision · project 2024163817 | Provincie Oost-Vlaanderen |
| 31-07-2025 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 30-04-2025 · project 2025020247 | Laarne |
| 09-05-2025 | Granted | Slopen van niet vrijstaande gebouwen of constructies submitted 17-02-2025 · Subdivision · project 2025019092 | Wichelen |
| 20-03-2025 | Granted | Verwijderen van vrijstaande gebouwen submitted 25-10-2024 · Subdivision · project 2024138581 | Laarne |
| 17-02-2025 | Discontinued | Slopen van niet vrijstaande gebouwen of constructies submitted 06-02-2025 · Subdivision · project 2025001004 | Wichelen |
| 29-04-2024 | Discontinued | Het reliëf van de bodem aanmerkelijk wijzigen submitted 29-09-2023 · Subdivision · project 2023109179 | Wetteren |
| 02-02-2023 | Discontinued | Het reliëf van de bodem aanmerkelijk wijzigen submitted 21-01-2022 · Subdivision · project 2021178548 | Provincie Oost-Vlaanderen |
| 08-11-2021 | Granted | Bouwen of herbouwen submitted 31-08-2021 · project 2021139346 | Dendermonde |
| 12-08-2021 | Granted | Bouwen of herbouwen submitted 03-06-2021 · project 2021096589 | Laarne |
The 10 most recent of 20 applications.
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42010B0167/00H000 | 672 m² | 1 · 140 m² | 7.2 m · 2 |
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 0737.474.766
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