D.E. CONSTRUCTIONS
ActiveD.E. CONSTRUCTIONS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €906k and a net result of €198k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 4530 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+6
Solvency91▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 3.52 against 3.07 in 2024; short-term debt: 24.7% and cash: 12.2% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
14.4%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-12-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
60 d late
2024
61 d late
2023
60 d late
2022
9 d late
2021
29 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€198k▲ 84.4%
2024 · €107k
2019: €52k
2020: €218k
2021: €86k
2022: €243k
2023: €32k
2024: €107k
2019 → 2025
Working capital
€853k▲ 30.4%
2024 · €654k
2019: €-15k
2020: €200k
2021: €285k
2022: €529k
2023: €572k
2024: €654k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€569k▲ 74.5%€601k▲ 5.5%€708k▲ 17.9%€906k▲ 28.0%
Operating result€139k-€148k▲ 6.8%€60k▼ 59.4%€143k▲ 138%€197k▲ 37.9%
Net result€86k-€243k▲ 183%€32k▼ 87.0%€107k▲ 240%€198k▲ 84.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.37M
Fixed assets
€178k▲ 4.6%
Current assets
€1.19M▲ 22.8%
Equity and liabilities €1.37M
Equity
€906k▲ 28.0%
Debt
€463k▲ 7.2%
The debt ratio falls from 37.9% to 33.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€218k▲
2024 · €158k
Cash flow
€219k▲
2024 · €123k
Solvency
66.2%▲
2024 · 62.1%
Current ratio
3.52▲
2024 · 3.07
Quick ratio
2.22▲
2024 · 1.83
Debt / equity
0.51▼
2024 · 0.61
ROE
21.8%▲
2024 · 15.2%
ROA
14.4%▲
2024 · 9.4%
Interest coverage
36.66▲
2024 · 19.33
Debt
€463k▲
2024 · €432k
Debt ≤ 1 year
€339k▲
2024 · €316k
Debt > 1 year
€124k▲
2024 · €116k
Income taxes
€90k▲
2024 · €27k
Staff costs
€22k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.37M▲
Fixed assets21/28€170k€178k▲
Tangible fixed assets22/27€63k€66k▲
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€63k€66k▲
Financial fixed assets28€107k€112k▲
Current assets29/58€970k€1.19M▲
Amounts receivable after more than one year29€250k€250k=
Other amounts receivable291€250k€250k=
Stocks and contracts in progress3€393k€440k▲
Stocks30/36€393k€440k▲
Amounts receivable within one year40/41€85k€214k▲
Trade receivables40€5k€24k▲
Other amounts receivable41€80k€191k▲
Current investments50/53€120k€120k=
Cash at bank and in hand54/58€122k€166k▲
Deferred charges and accrued income490/1€426€999▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.37M▲
Equity10/15€708k€906k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€646k€844k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€640k€838k▲
Profit (loss) carried forward14-€326
Amounts payable17/49€432k€463k▲
Amounts payable after more than one year17€116k€124k▲
Financial debts170/4€116k€124k▲
Amounts payable within one year42/48€316k€339k▲
Current portion of amounts payable after more than one year42€13k€13k▼
Financial debts43-€120k
Credit institutions430/8-€120k
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46€11k€34k▲
Taxes, remuneration and social security45€10k€31k▲
Taxes450/3€9k€26k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€279k€139k▼
Income statement
Code20242025
Non-recurring operating income76A€15k€66k▲
Remuneration, social security and pensions62€18k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€21k▲
Other operating charges640/8€20k€9k▼
Non-recurring operating charges66A€68k€932▼
Gross operating margin9900€263k€250k▼
Operating profit (loss)9901€143k€197k▲
Financial income75/76B€52€97k▲
Recurring financial income75€52€97k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€135k€288k▲
Income taxes67/77€27k€90k▲
Profit (loss) for the period9904€107k€198k▲
Profit (loss) for the period to be appropriated9905€107k€198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€198k▲
Profit (loss) brought forward from the previous period14P-€326
Transfer to equity691/2€107k€198k▲
To other reserves6921€107k€198k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 60 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
31-03
Financial
Weakest financial yearnet €32k ▼87%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
31-03
Financial
Highest result since 2019net €243k ▲183%
Net result €243k, the highest in the series.
31-03
Financial
Equity above €500kEq €569k ▲74.5%
4 profitable years in a row build equity to €569k.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Equity above €200kEq €240k ▲990%
2 profitable years in a row build equity to €240k.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Pétrias(NAL) 1456120 Ham-sur-Heure-NalinnesGround area
1,151 m²
Building footprint
153 m²
Volume, LiDAR
1,045 m³
Parcel 56058A0695/00K000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D.E. CONSTRUCTIONS
since 20042.149.492.581
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058A0695/00K000 | Wallonia | 1,150 m² | 1 · 153 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CORTORIA
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IMMO COUILLET
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,048 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-08-2004
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.