Skip to content

CSTRUCT

Active Private limited companyfounded 2019active for 7 yearsBosstraat 31, 9270 LaarneKBO/BCE: BE 0737.474.766

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €140,085 (2025)
€140,085▲ 214%
peak €96,320 (2025)
€96,320▲ 62.8%
peak €350,553 (2025)
€350,553▲ 37.9%
€1.0m▲ 55.4%
peak 0 FTE (2023)
-not published
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €44,628 to €140,085Result from €59,173 to €96,320Equity from €254,233 to €350,553Debts from €673,305 to €1.0mCash from €184,181 to €9,226

Key points

from the 2025 annual accounts

Equity

€350,553 ▲ 37.9%

CSTRUCT has made a profit in every financial year since 2020.

Turnover

≈ €250,000 estimated

The accounts state no turnover.

Debts

€1.0m 75% of the balance sheet
Financial debts 21%Suppliers 29%Taxes and wages 2%Other 48%

Of this, €962,975 falls due within a year.

Liquidity

1.44 was 2.10 in 2024

Short-term debts rose from €442,676 to €962,975.

Filings

6 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2021 accounts came 30 days late. The other five were filed on time.

Position in the sector

€96,320

Higher net result than 90% of companies in real estate. Sector median €5,862 · 19,810 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,684 companies had the same profile as CSTRUCT has now. Each dot stands for 7 companies, two years later.

97.2%
were still trading
1.3%
stopped another way
1.3%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director, , since 06-11-2019
Director, since 06-11-2019
  • titularisdeed of 09-10-2020
  • titularisdeed of 09-10-2020
Board & ownership

Recent changes

Environmental permit granted Het reliëf van de bodem aanmerkelijk wijzigen · Laarne
Environmental permit granted Het reliëf van de bodem aanmerkelijk wijzigen · Provincie Oost-Vlaanderen
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Laarne
Environmental permit granted Slopen van niet vrijstaande gebouwen of constructies · Wichelen
All 20 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 06-11-2019Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.299.129.7319270 Laarne, since 06-11-2019
Financial year end
31 December
Peppol
Reachable since 23-10-2024
Company details

Annual accounts 2025

€140,085▲ 214%
€96,320▲ 62.8%
€350,553▲ 37.9%
€1.4m▲ 50.6%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on CSTRUCT

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.

Financials

Annual accounts 2025

micro format, filed on 23-07-2026, 8 days before the deadline
€140,085
▲ 214%
€136,909
▲ 251%
€96,320
▲ 62.8%
€423,112
▼ 12.7%
25.1%
▼ 2.3 percentage points
1.44
▼ 0.66

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.

Balance sheet

balance sheet total €1.4m on 31-12-2025
What the company ownsHow it is paid for

in 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.

CSTRUCT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

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 Trend202520242023202220212020
Balance sheet: assets
20/58 1.4m927,5381.5m1.1m1.4m1.6m
20 -0197429662895
21/28 10,642-----
28 10,642-----
29/58 1.4m927,5381.5m1.1m1.4m1.6m
3 820,669270,882103,29957,26624,331731,129
30/36 820,669270,882103,29957,26624,331731,129
40/41 195,672103,2881.1m220,846258,33145,336
40 73,95296,4201.0m211,89257,85744,871
41 121,7206,86824,6768,954200,473465
50/53 360,360365,865325,454300,000--
54/58 9,226184,18131,969511,8661.2m804,872
490/1 1603,3231,2791,6041,596875
Balance sheet: equity and liabilities
10/49 1.4m927,5381.5m1.1m1.4m1.6m
10/15 350,553254,233195,060195,060153,430107,731
10/11 80,00080,00080,00080,00080,00080,000
13 230,553134,23375,06075,06073,43027,731
133 230,553134,23375,06075,06073,43027,731
14 40,00040,00040,00040,000--
17/49 1.0m673,3051.3m896,9521.3m1.5m
17 80,000227,000227,000227,000227,000227,000
170/4 80,000227,000227,000227,000227,000227,000
42/48 962,975442,6761.1m666,3231.1m1.2m
42 -----212,000
43 140,0000220,000---
430/8 140,0000220,000---
44 301,470137,214386,734106,586289,429322,039
440/4 301,470137,214386,734106,586289,429322,039
46 127,812084,954308,169458,393284,810
45 20,45312,0218,87959,939118,69073,457
450/3 20,45312,0218,87959,939118,69073,457
47/48 373,240293,440405,010191,629187,307345,614
492/3 3,2003,6295,3343,6295,37910,456
Income statement
9900 140,08544,628-5,80510,14869,85269,145
630 0197233233233268
640/8 3,1765,4361,9461,05274419,207
9901 136,90938,995-7,9848,86368,87549,670
75/76B 26,39151,17652,15452,04926,8222,995
75 26,39151,17652,15452,04926,8222,995
65/66B 18,62312,2909,4576,50430,72512,286
65 18,62312,2909,4576,50420,49812,286
66B ---010,227-
9903 144,67677,88134,71454,40764,97240,380
67/77 48,35618,7093,66711,17617,67311,049
9904 96,32059,17331,04743,23147,29929,331
9905 96,32059,17331,04743,23147,29929,331
Appropriation of the result
9906 136,32099,17371,04743,23147,29929,331
14P 40,00040,00040,000---
691/2 96,32059,17301,63145,69927,731
6921 96,32059,17301,63145,69927,731
694/7 -031,0471,6001,6001,600
694 -031,0471,6001,6001,600
Social balance sheet
9087 --0---
Document PDFPDFPDFPDFPDFPDF

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.

Download as CSV

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 PDF
31-12-2024 micro format 24-06-2025 2025-00169852 PDF
31-12-2023 abbreviated format 01-07-2024 2024-00199356 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00290593 PDF
31-12-2021 abbreviated format 30-08-2022 2022-20360245 PDF
31-12-2020 abbreviated format 28-06-2021 2021-28200059 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
136,90939,192-7,7519,09669,10849,938
96,32059,36931,28043,46347,53229,599
10,6420000-
-174,954152,211-479,897-642,841349,835-
423,112484,862427,197425,260385,146344,292
25.1%27.4%12.7%17.9%10.7%6.8%
1.442.101.391.641.371.28
0.591.481.291.551.340.69
2.982.656.864.608.3813.70
27.5%23.3%15.9%22.2%30.8%27.2%
6.9%6.4%2.0%4.0%3.3%1.9%
7.353.19-0.821.403.37-

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
Item20252024202320222021
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.

Board & ownership

Board

2 directors, since incorporation
Director, permanent representative
since 06-11-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 23-07-2026
Director (not named in the articles)
since 06-11-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 23-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 08-11-2019
Permanent representatives 1
Permanent representative, for
appointed by deed of 08-11-2019

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director (not named in the articles)
Board
Mandates as a list
    • Director, from 06-11-2019 to date
    • Director (not named in the articles), from 06-11-2019 to date

See the board, name and registered office on a given date →

Control

Shareholders
,
This company
CSTRUCT
Equity €350,553
Profit €96,320 in 2025

Capital

Contribution
€80,000
Shares
400
Contribution per share
€200
Equity per share
€876 in 2025
Source
2025 annual accounts

Articles of association

deed of 08-11-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 16:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Artikelen 1025 en volgende Gerechtelijk Wetboek, betaling schulden en kosten of consignatie”

Shareholders

Stated in the deed deed of 09-10-2020 ↗
  • titularis · 150 shares
  • titularis · 150 shares
At incorporation deed of 08-11-2019 ↗
  • founder
  • founder
  • 100 shares (100%) · in cash

Capital transactions

Capital over time
  1. 09-10-2020 Capital stated in the deed · 400 shares
  2. 08-11-2019 Incorporation · €20,000 · 100 shares

Network & group

No group

CSTRUCT has no parent and no holdings in its annual accounts.

Connections & network

2 current directors
Depth

The network lets you explore the ties of CSTRUCT.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

20 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 8 days before the deadline
Environmental permit granted Het reliëf van de bodem aanmerkelijk wijzigen · Laarne
Environmental permit granted Het reliëf van de bodem aanmerkelijk wijzigen · Provincie Oost-Vlaanderen
2025
Highest result from 2020 to 2025 net €96,320 ▲62.8% The operating result of €136,909 and the net result of €96,320 are both a record.
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Laarne
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
Environmental permit granted Slopen van niet vrijstaande gebouwen of constructies · Wichelen
Environmental permit granted Verwijderen van vrijstaande gebouwen · Laarne
2024
Equity above €200,000 equity €254,233 ▲30.3% With a profit in every financial year since 2020, equity grows to €254,233.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0737474766
Annual accounts 2023 filed PDFabbreviated format · 30 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 4 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 30 days late
2021
Equity above €150,000 equity €153,430 ▲42.4% With a profit in every financial year since 2020, equity grows to €153,430.
Environmental permit granted Bouwen of herbouwen · Dendermonde
Environmental permit granted Bouwen of herbouwen · Laarne
Annual accounts 2020 filed PDFabbreviated format · 33 days before the deadline
2020
Share issue · Amendment of the articlesIssue of 300 shares · holds 150 shares · holds 150 shares · General meeting of 05-10-20205 points ▸
  • General meeting, 05-10-2020
  • holds 150 shares
  • holds 150 shares
  • 400 shares
  • Amendment of the articles, article 5
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2019
IncorporationFounding capital of €20,000, 100 shares · Founders: ; ; · Appointments: ; (manager) and (director) · published on 08-11-20197 points ▸
  • Founder,
  • Founder,
  • Founding capital, €20,000, 100 shares
  • Director appointment,
  • Director appointment, (manager)
  • Permanent representative,
  • Director appointment, (director (not named in the articles))
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Bosstraat 31, Laarne

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

History

CSTRUCT was incorporated on 6 November 2019 as a private limited company by and two natural persons, with a starting capital of €20,000.12 The board currently has 2 members, 2 of whom have served since 2019.3 Total assets fell from €1.6m in 2020 to €1.4m in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-11-2019
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0737.474.766
VAT number
BE 0737.474.766
Peppol ID
0208:0737474766
Other Peppol ID
9925:BE0737474766
Legal form
Private limited company
Status
Active, normal situation
Founded
06-11-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 16:00
deed of 08-11-2019 (in Dutch)
Website
cstruct.be
Peppol
Reachable since 23-10-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-11-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Bosstraat 31”
deed of 08-11-2019 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“1. De aankoop, de verkoop van alle zakelijke rechten en onroerende goederen, zowel onbebouwde als gebouwen aller aard; de oprichting…”
10 activities
  1. 1. De aankoop, de verkoop van alle zakelijke rechten en onroerende goederen, zowel onbebouwde als gebouwen aller aard; de oprichting, aanpassing en herstelling voor eigen rekening of voor rekening van derden van alle gebouwen of constructies; het verkavelen, uitrusten en tot waarde brengen van alle onroerende goederen voor eigen rekening of voor rekening van derden; het verrichten van alle studies, het maken van alle ontwerpen, ook voor rekening van derden en het verlenen van adviezen in verband met bovengemelde activiteiten;
  2. 2. Projectontwikkeling en handel in onroerend goed en zakelijke rechten voor eigen rekening;
  3. 3. Verhuur van eigen onroerend goed;
  4. 4. Algemene bouwonderneming en coördinatie van werkzaamheden door onderaannemers uitgevoerd;
  5. 5. Het verlenen van diensten en adviezen aan personen en bedrijven, in het algemeen met betrekking tot het bedrijfsbeheer, managementadvies, marketing, en al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
  6. 6. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van roerend en onroerend patrimonium. Zij mag ondermeer onroerende goederen verwerven, bouwen, opschikken, uitrusten, ombouwen, dit zowel met het oog op het eigen beheer en de opbrengst ervan, als met het oog op de loutere verkoop of wederverkoop ervan. Zij mag onroerende goederen vervreemden met het oog op de gehele of gedeeltelijke wederbelegging van de opbrengst in het kader van het oordeelkundig beheer. Zij mag beschikbare middelen beleggen in onroerende goederen en waarden.
  7. 7. Advies, bijstand en know-how verlenen, en het uitvoeren van alle onderzoeken en studies in alle domeinen waarin zij competent is, zoals marketing, promotie, ontwikkeling, research, design, handel en productie, secretariaat, bedrijfs- en financieel beheer, administratieve organisatie, inrichting, planning en bestuur van ondernemingen, en al wat daarmee rechtstreeks en onrechtstreeks verband houdt.
  8. 8. Het nemen van participaties onder eender welke vorm, in alle bestaande of nog op te richten vennootschappen en ondernemingen, evenals het verlenen van alle managementbijstand en het waarnemen van alle mandaten, opdrachten, bestuursmandaten, toezicht en controletaken, en het ter beschikking stellen van personen gespecialiseerd in het adviseren en/of besturen en/of controleren van ondernemingen, dit alles in de meest ruime zin.
  9. 9. Verstrekken van advies en coördinatie in verband met het inrichten van woningen, kantoor- & andere gebouwen, landschap — en tuinontwerp. Alle installaties, handelsfondsen, vergunningen, octrooien, licenties, fabrieksmerken en overige immateriële activa, aankopen, verkopen en ruilen, in huur nemen en verhuren; commercialiseren en exploiteren; in concessie nemen en in concessie geven.
  10. 10. Het optreden als bouwpromotor in de meest ruime zin, alle bemiddeling, dienstverlening en service bij verrichtingen van roerende en onroerende aard, verzekeringen, leasing, financieringen, leningen en alle kredietverstrekkingen; borgstellingen. Dit alles ter uitsluiting van de activiteiten inzake beleggingsadvies en vermogensbeheer die overeenkomstig de wet van vier december negentienhonderd negentig en latere uitvoeringsbesluiten aan een wettelijk erkenning- en inschrijvingsregime onderworpen zijn, en van de activiteiten als vastgoedmakelaar gereglementeerd overeenkomstig het Koninklijk Besluit van zes september negentienhonderd drieënnegentig, voor zoverre daartoe géén erkenning en inschrijving werd bekomen
deed of 08-11-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Bosstraat 31 registered office 9270 Laarne 06-11-2019 2.299.129.731

Buildings and parcels at the address

Ground area
672 m²
Buildings
140 m²
Volume, LiDAR
713 m³
Tallest building
7.3 m
Buildings to scale, each on its own parcel
140 m², 7.2 m 140 m², 7.2 m

Environmental permits

20 applications in Flanders since 2019 · 14 granted
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.

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
42010B0167/00H000672 m² 1 · 140 m² 7.2 m · 2

Contact

E-mail info@cstruct.be

Invoicing and payment

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