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CUCORIANU CONSTRUCT

Active
Private limited companyfounded 2022active for 3 yearsVenetiëstraat 6, 1050 Elsene, BelgiumKBO/BCE: BE 0794.401.591
Summary

The computed 12-month bankruptcy probability of CUCORIANU CONSTRUCT is 3.7% (moderate). The 2024 annual accounts show equity of €3,266 and a net result of €3,075. Its solvency ranks better than 53% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 18 October 2026.

Equity
€3,266▲ 1,603%
2023 · €192
Total assets
€6,638▲ 84.1%
2023 · €3,605
Net result
€3,075▲ 1,503%
2023 · €192
Working capital
€2,991
2023 · -€390
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 1,316% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€3,822 2024 Net result€3,075 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€270-€3,822▲ 1,316%
Net result€192below the sector's middle half-€3,075within the sector's middle half▲ 1,503%
Equity€192below the sector's middle half-€3,266below the sector's middle half▲ 1,603%
Total assets€3,605below the sector's middle half-€6,638below the sector's middle half▲ 84.1%
Debt€3,413-€3,372▼ 1.2%
Working capital-€390below the sector's middle half-€2,991below the sector's middle half
Solvency49.2%within the sector's middle half
Current ratio1.89within the sector's middle half
Return on assets (ROA)46.3%above the sector's middle half
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €6,638
Equity €3,266 ▲ 1,603%
Debt €3,372 ▼ 1.2%
Debt's share of the balance-sheet total falls from 94.7% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,129▲
2023 · €607
Cash flow
€3,381▲
2023 · €529
Debt to equity
1.03
ROE
94.1%
Interest coverage
over 100▲
2023 · 20.13
Debt ≤ 1 year
€3,372▼
2023 · €3,413
Income taxes
€721▲
2023 · €48
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,605€6,638▲
Formation expenses20€581€275▼
Current assets29/58€3,023€6,363▲
Amounts receivable within one year40/41€2,387€5,508▲
Trade receivables40€1,980€5,101▲
Other amounts receivable41€407€407=
Cash at bank and in hand54/58€636€855▲
Equity and liabilities
Total equity and liabilities10/49€3,605€6,638▲
Equity10/15€192€3,266▲
Profit (loss) carried forward14€192€3,266▲
Amounts payable17/49€3,413€3,372▼
Amounts payable within one year42/48€3,413€3,372▼
Trade debts44€1,942€902▼
Suppliers440/4€1,942€902▼
Taxes, remuneration and social security45€48€1,046▲
Taxes450/3€48€1,046▲
Other amounts payable47/48€1,423€1,423=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€337€306▼
Other operating charges640/8€163-
Gross operating margin9900€770€4,129▲
Operating profit (loss)9901€270€3,822▲
Financial charges65/66B€30€27▼
Recurring financial charges65€30€27▼
Profit (loss) for the period before taxes9903€240€3,795▲
Income taxes67/77€48€721▲
Profit (loss) for the period9904€192€3,075▲
Profit (loss) for the period to be appropriated9905€192€3,075▲
Appropriation of the result
Profit (loss) to be appropriated9906€192€3,266▲
Profit (loss) brought forward from the previous period14P-€192
Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€337€306▼ 9.2%
Other operating charges640/8€163--
Gross operating margin9900€770€4,129▲ 436%
Operating profit (loss)9901€270€3,822▲ 1,316%
Financial charges65/66B€30€27▼ 10.4%
Recurring financial charges65€30€27▼ 10.4%
Profit (loss) for the period before taxes9903€240€3,795▲ 1,483%
Income taxes67/77€48€721▲ 1,403%
Profit (loss) for the period9904€192€3,075▲ 1,503%
Profit (loss) for the period to be appropriated9905€192€3,075▲ 1,503%
Line20232024Change
Assets
Total assets20/58€3,605€6,638▲ 84.1%
Formation expenses20€581€275▼ 52.7%
Current assets29/58€3,023€6,363▲ 110%
Amounts receivable within one year40/41€2,387€5,508▲ 131%
Trade receivables40€1,980€5,101▲ 158%
Other amounts receivable41€407€407=
Cash at bank and in hand54/58€636€855▲ 34.4%
Equity and liabilities
Total equity and liabilities10/49€3,605€6,638▲ 84.1%
Equity10/15€192€3,266▲ 1,603%
Profit (loss) carried forward14€192€3,266▲ 1,603%
Amounts payable17/49€3,413€3,372▼ 1.2%
Amounts payable within one year42/48€3,413€3,372▼ 1.2%
Trade debts44€1,942€902▼ 53.5%
Suppliers440/4€1,942€902▼ 53.5%
Taxes, remuneration and social security45€48€1,046▲ 2,083%
Taxes450/3€48€1,046▲ 2,083%
Other amounts payable47/48€1,423€1,423=
Line20232024Change
Profit (loss) for the period9904€192€3,075▲ 1,503%
+ Depreciation and write-downs630€337€306▼ 9.2%
Operating cash flow (approximation)€529€3,381▲ 539%
Change in cash-€219-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 micro format 22-09-2025 2025-00499010
31-12-2023 micro format 03-07-2024 2024-00219801

Similar companies · same sector, comparable size

Of the 7,223 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,368. 770 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.