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DEEA.CONSTRUCT

Active
Private limited companyfounded 2021active for 5 yearsVan Dijcklaan 8, 1930 Zaventem, BelgiumKBO/BCE: BE 0772.754.953
Summary

DEEA.CONSTRUCT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,090) and a net result of -€712. Equity is shrinking by about 73% per year across the filed financial years. Its solvency ranks better than 5% of 34,143 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€10,247turnover 2025
Equity
-€3,090
Loss
-€712
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 44 days early0 of 1 deed read
Why 54raises riskCapped at 59: negative equityNegative equity -€3,090Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.95, cash €4,429Size: turnover €10,247, total assets €6,347Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 24% of its sector peers (NACE 43, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-2
equity -48.7% of total assets
Liquidity 50-17
short-term debt 104.8% · cash 69.8%
Profitability 70+20
return on assets -11.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,554 companies, NACE 43, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.1%▼ -0.3 percentage points vs 04-2025 06-2025: 0.9%▼ -0.2 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.8%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▼ -0.1 percentage points vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.8%▼ -0.1 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.95, compared with 1.19 in 2024, below 1; short-term debt: 104.8% and cash: 69.8% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 3% on solvency, 43% on liquidity, 37% on profitability and 14% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 0.95, cash €4,429
NBB · annual accounts
lowers risk · Size: turnover €10,247, total assets €6,347
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€3,090
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€3,090
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
44 days early
2024
67 days early
2023
51 days early
2022
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 52 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Turnover
€10,247
EBIT margin
-5.1%
Net result
-€712▲ 75.8%
2024 · -€2,944
Working capital
-€306
2024 · €1,268
Trend over the years

2022 to 2025, 4 financial years

The operating result stays negative: a loss of €519 in 2025 against €2,683 in 2024; the loss shrinks.

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

Operating result-€519 2025 Net result-€712 2025

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, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Turnover€10,247
Operating result-€4,027-€1,135-€2,683-€519▲ 80.7%
Net result-€4,101below the sector's middle half-€666within the sector's middle half-€2,944below the sector's middle half-€712below the sector's middle half▲ 75.8%
EBIT margin-5.1%
Equity-€101below the sector's middle half-€566below the sector's middle half-€2,378below the sector's middle half-€3,090below the sector's middle half▼ 29.9%
Total assets€15,853below the sector's middle half-€17,674below the sector's middle half▲ 11.5%€10,476below the sector's middle half▼ 40.7%€6,347below the sector's middle half▼ 39.4%
Debt€15,954-€17,109▲ 7.2%€12,854▼ 24.9%€9,437▼ 26.6%
Working capital-€1,703below the sector's middle half-€2,944below the sector's middle half€1,268below the sector's middle half▼ 56.9%-€306below the sector's middle half
Solvency-0.6%below the sector's middle half-3.2%below the sector's middle half▲ 3.8pp-22.7%below the sector's middle half▼ 25.9pp-48.7%below the sector's middle half▼ 26.0pp
Current ratio0.68below the sector's middle half-1.41within the sector's middle half▲ 0.731.19within the sector's middle half▼ 0.220.95below the sector's middle half▼ 0.24
Return on assets (ROA)-25.9%below the sector's middle half-3.8%within the sector's middle half▲ 29.6pp-28.1%below the sector's middle half▼ 31.9pp-11.2%below the sector's middle half▲ 16.9pp
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.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,165▼
2024 · €2,233
Cash flow
€1,971▼
2024 · €1,972
Interest coverage
11.32▲
2024 · 8.56
Debt ≤ 1 year
€6,653▲
2024 · €6,525
Debt > 1 year
€1,534▼
2024 · €4,579
Income taxes
€8
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 497,474 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 6,007 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 · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,476€6,347▼
Fixed assets21/28€2,683-
Tangible fixed assets22/27€2,683-
Plant, machinery and equipment23€2,683-
Current assets29/58€7,793€6,347▼
Amounts receivable within one year40/41€2,584€1,918▼
Trade receivables40€2,331€1,696▼
Other amounts receivable41€253€221▼
Cash at bank and in hand54/58€5,209€4,429▼
Equity and liabilities
Total equity and liabilities10/49€10,476€6,347▼
Equity10/15-€2,378-€3,090▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€6,378-€7,090▼
Amounts payable17/49€12,854€9,437▼
Amounts payable after more than one year17€4,579€1,534▼
Financial debts170/4€4,579€1,534▼
Amounts payable within one year42/48€6,525€6,653▲
Current portion of amounts payable after more than one year42-€3,067
Financial debts43€3,037-
Other loans439€3,037-
Trade debts44€1,042€1,131▲
Suppliers440/4€1,042€1,131▲
Taxes, remuneration and social security45€200€208▲
Taxes450/3€200€208▲
Other amounts payable47/48€2,247€2,247=
Accrued charges and deferred income492/3€1,750€1,250▼
Income statement Code20242025
Turnover70-€10,247
Goods, raw materials, services and sundry goods60/61-€7,088
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,916€2,683▼
Other operating charges640/8€186€995▲
Gross operating margin9900€2,419€3,159▲
Operating profit (loss)9901-€2,683-€519▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€261€191▼
Recurring financial charges65€261€191▼
Profit (loss) for the period before taxes9903-€2,944-€704▲
Income taxes67/77-€8
Profit (loss) for the period9904-€2,944-€712▲
Profit (loss) for the period to be appropriated9905-€2,944-€712▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,378-€7,090▼
Profit (loss) brought forward from the previous period14P-€3,434-€6,378▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70---€10,247-
Goods, raw materials, services and sundry goods60/61---€7,088-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,319€4,746€4,916€2,683▼ 45.4%
Other operating charges640/8€201€180€186€995▲ 436%
Gross operating margin9900-€1,507€6,061€2,419€3,159▲ 30.6%
Operating profit (loss)9901-€4,027€1,135-€2,683-€519▲ 80.7%
Financial income75/76B---€6-
Recurring financial income75---€6-
Financial charges65/66B€73€269€261€191▼ 26.7%
Recurring financial charges65€73€269€261€191▼ 26.7%
Profit (loss) for the period before taxes9903-€4,101€866-€2,944-€704▲ 76.1%
Income taxes67/77-€200-€8-
Profit (loss) for the period9904-€4,101€666-€2,944-€712▲ 75.8%
Profit (loss) for the period to be appropriated9905-€4,101€666-€2,944-€712▲ 75.8%
Line2022202320242025Change
Assets
Total assets20/58€15,853€17,674€10,476€6,347▼ 39.4%
Fixed assets21/28€12,181€7,600€2,683--
Tangible fixed assets22/27€12,181€7,600€2,683--
Plant, machinery and equipment23-€7,600€2,683--
Furniture and vehicles24€12,181----
Current assets29/58€3,672€10,075€7,793€6,347▼ 18.6%
Amounts receivable within one year40/41-€3,648€2,584€1,918▼ 25.8%
Trade receivables40-€2,809€2,331€1,696▼ 27.2%
Other amounts receivable41-€839€253€221▼ 12.4%
Cash at bank and in hand54/58€3,672€5,177€5,209€4,429▼ 15.0%
Deferred charges and accrued income490/1-€1,250---
Equity and liabilities
Total equity and liabilities10/49€15,853€17,674€10,476€6,347▼ 39.4%
Equity10/15-€101€566-€2,378-€3,090▼ 29.9%
Contributions10/11€4,000€4,000€4,000€4,000=
Profit (loss) carried forward14-€4,101-€3,434-€6,378-€7,090▼ 11.2%
Amounts payable17/49€15,954€17,109€12,854€9,437▼ 26.6%
Amounts payable after more than one year17€10,578€7,594€4,579€1,534▼ 66.5%
Financial debts170/4€10,578€7,594€4,579€1,534▼ 66.5%
Amounts payable within one year42/48€5,375€7,130€6,525€6,653▲ 1.9%
Current portion of amounts payable after more than one year42---€3,067-
Financial debts43€2,955€3,749€3,037--
Other loans439€2,955€3,749€3,037--
Trade debts44€170€932€1,042€1,131▲ 8.6%
Suppliers440/4€170€932€1,042€1,131▲ 8.6%
Taxes, remuneration and social security45-€200€200€208▲ 3.8%
Taxes450/3-€200€200€208▲ 3.8%
Other amounts payable47/48€2,250€2,250€2,247€2,247=
Accrued charges and deferred income492/3-€2,384€1,750€1,250▼ 28.6%
Line2022202320242025Change
Profit (loss) for the period9904-€4,101€666-€2,944-€712▲ 75.8%
+ Depreciation and write-downs630€2,319€4,746€4,916€2,683▼ 45.4%
Operating cash flow (approximation)-€1,782€5,412€1,972€1,971▼ 0.1%
Investment in fixed assets (approximation)--€164€0--
Change in cash-€1,505€32-€780-

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 (4)
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00168304
31-12-2024 micro format 25-05-2025 2025-00111852
31-12-2023 micro format 10-06-2024 2024-00118589
31-12-2022 micro format 15-06-2023 2023-00135531

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 22,596 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,445. See the whole sector

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

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

DEEA.CONSTRUCT was incorporated on 23 August 2021 as a private limited company.1 Total assets fell from €15,853 in 2022 to €6,347 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
25-05
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
10-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €666
Net result €666 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 1.41
Current ratio from 0.68 to 1.41.
15-06
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded23-08-2021
Financial year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
81300Landscape service activities
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 15 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0772.754.953

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
174 m²
Building footprint
90 m²
Building volume
571 m³
Parcel 23094A0274/00L007, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
1 establishment unit
DEEA.CONSTRUCT
Van Dijcklaan 8, 1930 ZaventemGeneral electrical installation work
since 2021unit no. 2.320.871.686
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23094A0274/00L007 Flanders 174 m² 1 · 90 m² 10.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.