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DERDE CONSTRUCT

Active Public limited companyfounded 1995active for 31 yearsMeerbos 4A, 9260 WichelenKBO/BCE: BE 0455.526.252 #3 employer in Wichelen

Overview

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €2.2m (2025)
€2.2m▲ 3.0%
lowest -€49,406 (2010)
€304,081▲ 1.6%
peak €1.2m (2024)
€1.2m▼ 2.6%
€874,766▼ 4.3%
peak 26 FTE (2024)
24.6 FTE▼ 5.4%
Board2 names since 2019
1 directorKATAXAN
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
A quiet year: no large shift against the year before.

Key points

from the 2025 annual accounts

Equity

€1.2m ▼ 2.6%

DERDE CONSTRUCT has made a profit without a break since 2011.

Turnover

≈ €6.1m estimated

The accounts state no turnover.

Investments

€275,339 1.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 53.4% higher than in 2024.

Staff

24 employees on 31-12-2025
882021842022542023892024652025

In 2025, 6 people joined and 5 left.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.

Position in the sector

€2.2m

Higher gross margin than 91% of companies in specialised construction. Sector median €381,698 · 1,946 companies.

Checked score

96
Excellent
Financially stronger than 65% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

82=equity 57.4% of total assets
57-1short-term debt 32.2% · cash 16.9%
87+1return on assets 14.8%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1995
Equity €1.2m (57.4% of total assets)
Liquidity: current ratio 2.13, cash €346,457
Calculation

The band follows from the bankruptcy probability. 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, small). It does better than 75% of them on solvency, 72% on liquidity, 86% on profitability and 24% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as DERDE CONSTRUCT has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DERDE CONSTRUCT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 20,137 companies, not a prediction for DERDE CONSTRUCT. 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 of up to €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.13 (2.34 in 2024), above the usual 1.5. Short-term debt is 32.2% and cash 16.9% of total assets. 42.6% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €1.2m (57.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.13, cash €346,457
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
16 days early
2023
6 days late
2022
on the day
2021
16 days late
2020
2 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 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 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

K
Director, DERDE Karel
  • DERDE Karel all the sharesdeed of 04-04-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0455526252
1 director resigning Change of role: KATAXAN, from managing director to sole director · Resignation: DERDE Carla Maria Jozef (managing director) · Permanent representative: DERDE Karel · General meeting of 23-03-2023 · Gazette deed
2 directors reappointed BVBA Kataxan (managing director) and Derde Carla · Permanent representative: Derde Karel · General meeting of 01-06-2019 · Gazette deed
First establishment DERDE CONSTRUCT NV, Meerbos 4A, Wichelen
All 41 events

Comparable companies

same main activity, similar in size and age
Company
DERDE CONSTRUCT Wichelen €2.1m €2.2m 57.4% 24.6
VAN DE MOERE Sint-Laureins €2.7m €2.1m 28.4% 25.7
P. NIJS Deinze €1.9m €1.4m 72.5% 19
ART & VOLTIGE Stavelot €2.2m €2.1m 32.0% 23.8
AWAH Heist-op-den-Berg €2.0m €2.2m 76.2% 31.2
EVERTS Maaseik €2.4m €2.2m 45.9% 20.5
AV FACADE Juprelle €2.9m €1.7m 29.6% 27

These companies have the same main activity as DERDE CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.9m and €2.9m, founded between 1987 and 2001.

Official details

Source: KBO
Status
Active since 10-07-1995Normal situation
Activity
Other specialised construction activitiesNACE 43990and 1 other
Joint committee
124Construction · annual accounts 2022
Establishment unit
2.072.396.2889260 Wichelen, since 19-07-1995
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€2.2m▲ 3.0%
€304,081▲ 1.6%
€1.2m▼ 2.6%
€2.1m▼ 3.4%
Employeeson 31-12-2025
24▲ 4.3%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on DERDE CONSTRUCT

DERDE CONSTRUCT has existed since 1995. The gross margin grew from €501,074 in 2006 to €2.2m in 2025 and staff from 10.7 to 24.6 full-time equivalents.

The gross margin has grown every year since 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 01-07-2026, 30 days before the deadline
€2.2m
▲ 3.0%
€378,109
▲ 0.2%
€304,081
▲ 1.6%
€745,483
▼ 17.1%
57.4%
▲ 0.4 percentage points
2.13
▼ 0.21

The turnover shown is an estimate from the gross margin.

Turnover ≈ €6.1m. Estimated: probably between €4.7m and €8.1m.

Balance sheet

balance sheet total €2.1m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

57.4%

Higher than 69% of 2,463 companies in 2025.

2.13

Higher than 64% of 2,436 companies in 2025.

14.8%

Higher than 83% of 2,454 companies in 2025.

DERDE CONSTRUCT Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€64,577

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 6 people joined and 5 left. Training hours in 2025: 664.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.1m2.1m2.0m1.9m1.5m1.3m1.5m1.5m1.3m1.5m1.4m1.1m1.0m1.1m930,029934,1991.1m675,752426,616561,898
21/28 645,465553,240517,128588,302459,801373,895409,109423,891520,489562,005630,286606,252505,247535,913498,374459,552503,89757,852101,750133,634
21 -------------5,00010,000-----
22/27 615,184532,758504,046577,720449,220363,314398,527410,120516,874558,390626,806602,772501,767527,433484,894457,066500,64954,34797,682129,589
23 225,741147,173175,485202,951132,89473,36925,69844,16266,81677,499106,595110,47696,888111,12670,9069,7449,2589,55914,08619,277
24 277,752253,406175,893201,612122,68075,810138,206110,846174,457184,802203,633155,22847,32338,26215,45428,29951,88044,78883,596110,312
25 111,691132,180152,668173,157193,646---------------
28 30,28220,48213,08210,58210,58210,58210,58213,7703,6153,6153,4803,4803,4803,4803,4802,4863,2483,5054,0684,045
29/58 1.4m1.6m1.5m1.3m1.0m905,2421.1m1.1m803,966889,518737,629499,292534,720543,838431,655474,647578,103617,900324,866428,264
3 464,781227,957114,400195,693319,592147,182421,043276,912188,118158,98879,73161,182110,75794,41376,80370,75799,782111,02446,77632,173
30/36 88,30853,86181,67095,665169,64879,464101,11595,50660,70470,31443,42144,39529,57434,05148,51027,12332,36537,97534,66717,946
37 376,473174,09632,729100,028149,94467,718319,928181,405127,41488,67436,31016,78781,18360,36128,29243,63567,41773,05012,11014,227
40/41 594,830974,8981.3m994,259641,642669,893630,081700,788602,826726,249655,749404,634423,622445,532335,414402,361475,283481,799277,145370,866
40 544,385933,9561.3m944,724562,149652,570611,234650,022599,315697,467612,877404,256417,993393,585302,230382,960412,793466,535262,900345,392
41 50,44540,94228,15649,53579,49317,32218,84750,7663,51128,78242,8723795,62951,94733,18419,40262,49015,26414,24525,474
54/58 346,457366,65371,850124,56047,39381,3779,176109,9829,5334,2802,15033,4763413,89415,5091,5283,03825,07616925,023
490/1 -----6,790--3,489-----3,930---776202
Balance sheet: equity and liabilities
10/49 2.1m2.1m2.0m1.9m1.5m1.3m1.5m1.5m1.3m1.5m1.4m1.1m1.0m1.1m930,029934,1991.1m675,752426,616561,898
10/15 1.2m1.2m1.1m929,659729,583624,983564,046530,466505,219419,755313,287244,924226,506208,856145,512144,341193,747176,687166,342165,159
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
10 61,97361,97361,97361,97361,973---------------
100 61,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,97361,973
13 835,210866,839742,508588,101388,025283,425222,488188,908163,66178,19728,19728,1976,1976,1978,0458,0458,0459,89311,74113,589
130/1 6,1976,1976,1976,1976,1976,197--------------
130 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,197
132 22,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,00022,000--1,8481,8481,8483,6965,5447,392
133 807,012838,642714,311559,903359,828255,228194,291160,711135,46350,000----------
14 279,585279,585279,585279,585279,585279,585279,585279,585279,585279,585223,117154,753158,335140,68575,49374,322123,728104,82092,62789,597
16 ------------9,0009,0009,95013,95033,95032,90210,85411,806
160/5 ------------9,0009,0009,00013,00033,00031,0008,0008,000
168 --------------9509509501,9022,8543,806
17/49 874,766914,352940,525973,156738,845654,154905,362981,105819,2371.0m1.1m860,620804,461861,895774,567775,908854,303466,163249,420384,933
17 214,181244,291253,785346,621362,932290,846309,788293,300368,164450,478434,606525,094411,178401,026421,176424,576448,9898,52022,75441,394
170/4 214,181244,291253,785346,621362,932290,846309,788293,300368,164450,478434,606525,094411,178401,026421,176424,576448,9898,52022,75441,394
42/48 660,585670,060686,740626,534375,913363,308595,573687,806451,073581,290620,022335,526393,283460,869353,391351,331400,864452,192225,057340,054
42 124,238111,91292,837100,13079,82170,38166,04473,46083,31493,65664,97466,28043,10647,59741,68524,41335,77036,50533,23135,751
43 ------23,106--100,0002,393-52,549--50,00035,00018,0008,402-
430/8 ------23,106--100,0002,393-52,549--50,00035,00018,0008,402-
44 302,833294,997312,344247,606151,047212,575465,757572,680216,958280,075411,340257,097277,276370,237308,935270,861284,128374,737166,650264,228
440/4 302,833294,997312,344247,606151,047212,575465,757572,680216,958280,075411,340257,097277,276370,237308,935270,861284,128374,737166,650264,228
45 54,83184,627106,56080,23542,02746,15533,82632,31457,05678,92674,18312,14920,35118,035726,05725,9663,50112,47134,719
450/3 30,56463,64781,72363,32327,11330,57622,76423,06942,12368,08264,2884,20113,38015,70472729,6623,50112722,263
454/9 24,26620,98024,83716,91214,91415,57911,0629,24514,93310,8449,8947,9486,9712,331-5,98516,304-12,34412,456
47/48 178,684178,524175,000198,563103,01734,1966,8409,35193,74428,63367,133--25,0002,699-20,00019,4504,3025,356
492/3 ----------------4,4505,4501,6093,485
Income statement
76A -------296-------4,450---14,000
9900 2.2m2.1m2.0m1.9m1.3m1.2m1.2m1.1m1.3m1.2m1.1m880,684757,500737,691510,922425,523596,429536,606449,012501,074
62 1.6m1.6m1.5m1.2m967,349957,616998,425935,016950,518815,887753,859722,272604,097522,794415,350417,264452,880430,601387,951370,400
630 178,588159,348145,171119,00889,687109,225130,677107,999113,434124,981124,98797,63479,39270,54555,06849,69464,79646,59252,22555,291
631/4 --0594----------------
635/8 ------------9,000---4,000-20,0002,00023,000--
640/8 11,2471,3112,2304,0942,9651,4116,9911,3671,4381,3711,35112,1581,9021,4189,4151,6763,2157292,262-
66A --------119---1,429-------
9901 378,109377,262425,298507,084266,977131,15878,09979,288272,765230,436242,76557,62172,110142,93435,089-23,11073,53735,6846,57475,383
75/76B 3,8173,7382,4972,2353356,0937410,62011336916419487343315327393470
75 3,8173,7382,4972,2353356,093743,62011336916419487343315327393470
76B -------7,000------------
65/66B 15,90017,79316,66020,92515,68020,64521,75225,04525,35531,58433,07334,81135,82229,33930,39130,16027,7228,1796,7377,272
65 15,90017,79316,66020,92515,68020,64521,75225,04525,35531,58433,07334,81135,82229,33930,39130,16027,7228,1796,7377,272
9903 366,025363,206411,135488,394251,632116,60756,42164,863247,522198,855210,38322,87434,878113,6434,706-48,47846,13027,83222982,581
67/77 61,94463,87581,72788,31847,03230,67022,84124,61562,05967,38767,0194,45512,90226,2503,53492710,0223,439-222,085
9904 304,081299,331329,408400,076204,60085,93733,58040,248185,463131,468143,36318,41821,97588,3441,171-49,40637,06025,3451,18356,690
789 -------------1,848--1,8481,8481,8481,848
689 -----------22,000-------9,240
9905 304,081299,331329,408400,076204,60085,93733,58040,248185,463131,468143,363-3,58221,97590,1921,171-49,40638,90827,1933,03149,298
Appropriation of the result
9906 583,666578,915608,992679,660484,184365,522313,165319,832465,048354,585298,117154,753158,335165,68575,49374,322143,728119,82092,62789,597
14P 279,585279,585279,585279,585279,585---------------
691/2 129,081124,331154,408200,076104,60060,93733,58025,24885,46350,000----------
6920 ---200,076----------------
6921 129,081124,331154,408-104,60060,93733,58025,24885,46350,000----------
694/7 175,000175,000175,000200,000100,00025,000-15,000100,00025,00075,000--25,000--20,00015,000--
694 ----------50,000---------
695 175,000175,000175,000200,000100,00025,000-15,000100,00025,00025,000--25,000--20,00015,000--
Social balance sheet
9087 24.6262321.620.621.721.520.91917.41715.714.21210.311.711.911.510.510.7
Hours worked1013 33,31333,13033,13029,96224,94724,95727,19526,66827,01024,22422,30222,69618,32016,01613,02413,97115,42415,11214,70414,161
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The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 15 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 01-07-2026.

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 full format 01-07-2026 2026-00240074 PDF
31-12-2024 abbreviated format 15-07-2025 2025-00274552 PDF
31-12-2023 abbreviated format 06-08-2024 2024-00332263 PDF
31-12-2022 abbreviated format 31-07-2023 2023-00294169 PDF
31-12-2021 abbreviated format 16-08-2022 2022-20291483 PDF
31-12-2020 abbreviated format 02-08-2021 2021-45900545 PDF
31-12-2019 abbreviated format 21-08-2020 2020-43300434 PDF
31-12-2018 abbreviated format 12-08-2019 2019-45500528 PDF
31-12-2017 abbreviated format 28-08-2018 2018-50600327 PDF
31-12-2016 abbreviated format 24-08-2017 2017-46400029 PDF
31-12-2015 abbreviated format 22-08-2016 2016-46100115 PDF
31-12-2014 abbreviated format 08-06-2015 2015-16200377 PDF
31-12-2013 abbreviated format 07-08-2014 2014-39900259 PDF
31-12-2012 abbreviated format 03-07-2013 2013-27800520 PDF
31-12-2011 abbreviated format 15-05-2012 2012-11500153 PDF
31-12-2010 abbreviated format 18-08-2011 2011-40600140 PDF
31-12-2009 abbreviated format 12-08-2010 2010-40800462 PDF
31-12-2008 abbreviated format 25-06-2009 2009-29700385 PDF
31-12-2007 abbreviated format 27-06-2008 2008-30200058 PDF
31-12-2006 abbreviated format 26-07-2007 2007-50200376 PDF
31-12-2005 abbreviated format 30-06-2006 2006-37004461 PDF
31-12-2004 abbreviated format 06-04-2005 2005-10801753 PDF
31-12-2003 abbreviated format 24-05-2004 2004-16003227 PDF
31-12-2002 abbreviated format 03-07-2003 2003-38102341 PDF
31-12-2001 abbreviated format 03-06-2002 2002-17004318 PDF
31-12-2000 abbreviated format 24-07-2001 2001-42100721 PDF
31-12-1999 abbreviated format 09-06-2000 2000-20601357 PDF
31-12-1998 abbreviated format 01-06-1999 1999-13302682 PDF
31-12-1997 abbreviated format 23-06-1998 1998-21303700 PDF
31-12-1996 abbreviated format 02-07-1997 1997-26700124 PDF

Subsidies and aid

Flemish government 2022 to 2025, 6 entries, €24,377 awarded, €22,792 paid

Year Entries AwardedPaid
2025 1 €6,352€4,823
2024 1 €4,407€4,352
2023 2 €4,879€7,961
2022 2 €8,739€5,656

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
556,697536,610570,469626,091356,663240,383208,776187,286386,199355,417367,752155,254151,501213,48090,15726,583138,33382,27658,799130,674
482,670458,679474,579519,083294,286195,162164,258148,246298,898256,449268,350116,052101,367158,88956,239288101,85671,93753,408111,981
285,139195,47973,997180,901175,59374,011119,08411,40076,53856,700149,021198,63950,668108,08493,8896,111511,0983,25820,34160,297
-20,196294,804-52,71177,167-33,98472,202-100,806100,4495,2522,131-31,32633,135-3,553-11,61513,981-1,509-22,03924,907-24,854-
745,483899,448820,723687,978632,714541,935464,726399,875352,893308,228117,607163,766141,43782,96978,265123,315177,238165,70799,80988,210
57.4%56.9%53.5%48.9%49.7%48.9%38.4%35.1%38.1%28.9%22.9%22.2%21.8%19.3%15.6%15.5%17.9%26.1%39.0%29.4%
2.132.342.202.102.682.491.781.581.781.531.191.491.361.181.221.351.441.371.441.26
1.422.002.031.791.832.091.071.181.371.261.061.311.080.981.001.151.191.121.241.16
0.740.760.871.051.011.051.611.851.622.463.373.513.554.135.325.384.412.641.502.33
25.8%24.8%30.4%43.0%28.0%13.8%6.0%7.6%36.7%31.3%45.8%7.5%9.7%42.3%0.8%-34.2%19.1%14.3%0.7%34.3%
14.8%14.1%16.3%21.0%13.9%6.7%2.3%2.7%14.0%9.1%10.5%1.7%2.1%8.2%0.1%-5.3%3.4%3.8%0.3%10.1%
35.0130.1634.2429.9222.75---------------

EBIT margin: not included in this filing.

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date2423242319
full-time2323242218
part-time10011
in full-time equivalents24232422.618.6
24.624.42321.620.6
On a permanent contract2423242319
Joined68588
Left59448
Training hours6641,080429270600

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets--€346,621€279,237€247,690
Carrying value of the other pledged assets€615,184€532,758€504,046€577,720€449,220

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€275,339€188,079€71,497€180,901€175,593
Financial fixed assets€9,800€7,400€2,500--
€178,588€159,348€145,171€119,008€89,687

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DERDE CONSTRUCT

The operating result for 2025 is 0% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 43.1% to 42.6%. Equity and debt are lower.

Board & ownership

Board

1 director, last change in 2023
Sole director (not named in the articles), permanent representative DERDE Karel
appointed by deed of 04-04-2023 6-year term from 2023
earlier managing director, from 01-06-2019 to 04-04-2023
listed in the 2025 annual accounts, filed on 01-07-2026
Permanent representatives 1
DERDE Karel
Permanent representative, for KATAXAN
appointed by deed of 04-04-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
KATAXAN
Sole director (not named in the articles)
BoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • KATAXAN
    • Sole director (not named in the articles), from 01-06-2019 to date
    • Managing director, from before 01-06-2019 to 04-04-2023
  • Derde Carla
    • Board, from before 01-06-2019 to 04-04-2023

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

Control

Shareholder
DERDE Karel
This company
DERDE CONSTRUCT
Equity €1.2m
Profit €304,081 in 2025

Capital

Capital
€61,973.38
Shares
250
Contribution per share
€248
Equity per share
€4,707 in 2025
Source
2025 annual accounts

Articles of association

deed of 04-04-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 11:00

Shareholders

Stated in the deed deed of 04-04-2023 ↗
  • DERDE Karel all shares

Network & group

No group

DERDE CONSTRUCT has no parent and no holdings in its annual accounts. KATAXAN is the only director.

Earlier ties

EMBUILD
via Derde Karel, no longer at EMBUILD · Director · deed of 20-05-2021
founded in 1946
110 FTE (2025)
BELGISCHE VERENIGING VAN AANNEMERS VAN DICHTINGSWERKEN - ASSOCIATION BELGE DES ENTREPRENEURS D'ETANCHEITE
via Derde Karel, no longer at BELGISCHE VERENIGING VAN AANNEMERS VAN DICHTINGSWERKEN - ASSOCIATION BELGE DES ENTREPRENEURS D'ETANCHEITE · Director · deed of 23-10-2019
No longer active
founded in 1935

Board mandates elsewhere

1 board mandate
Board mandates of DERDE CONSTRUCTDERDE CONSTRUCT sits on their board1
Director
Founded in 1964 · 1.6 FTE (2025)

Connections & network

5 connected companies
Linked via shared directors
→
Promotiefonds Embuild Oost-Vlaanderen
via Derde Karel · Director · deed of 09-02-2026
Founded in 2011 · total assets €3.5m (2025)
→
Accuria Consult
via Derde Karel · Director · deed of 12-11-2024
Founded in 2020
→
Show 1 more company with a shared director

Timeline

Timeline

41 events since 1995

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0455526252
Annual accounts 2025 filed NBBfull format · 30 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 16 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 6 days late
2023
Equity above €1m equity €1.1m ▲16.6% After 13 profitable years in a row, equity reaches €1.1m.
Annual accounts 2022 filed PDFabbreviated format · on the deadline day
1 director resigningChange of role: KATAXAN, from managing director to sole director · Resignation: DERDE Carla Maria Jozef (managing director) · Permanent representative: DERDE Karel · General meeting of 23-03-202311 points ▸
  • General meeting, 23-03-2023
  • Purpose change, “Onderneming voor het waterdicht maken en bedekken met asfalt en teer; Onderneming voor droogmaken van gebouwen en afdaken met asfalt en teer; Onderneming voor…” (deed in Dutch)
  • DERDE Karel holds all the shares
  • Capital, €62,000, 250 shares
  • Director resignation, DERDE Carla Maria Jozef (managing director)
  • Director resignation, KATAXAN (managing director)
  • Director appointment, KATAXAN (sole director (not named in the articles))
  • Permanent representative, DERDE Karel
  • Registered office clause, Meerbos 4A, 9260 WICHELEN
  • Director discharge, DERDE Carla Maria Jozef
  • Director discharge, KATAXAN
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
Highest result from 2006 to 2025 net €400,076 ▲95.5% The operating result of €507,084 and the net result of €400,076 are both a record.
Annual accounts 2021 filed PDFabbreviated format · 16 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 2 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 21 days late
2019
2 directors reappointedBVBA Kataxan (managing director) and Derde Carla · Permanent representative: Derde Karel · General meeting of 01-06-20194 points ▸
  • General meeting, 01-06-2019
  • Director reappointment, BVBA Kataxan (managing director)
  • Permanent representative, Derde Karel (manager)
  • Director reappointment, Derde Carla

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 12 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 28 days late
2017
Equity above €500,000 equity €505,219 ▲20.4% After 7 profitable years in a row, equity reaches €505,219.
Annual accounts 2016 filed PDFabbreviated format · 24 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 22 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 53 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 7 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 28 days before the deadline
2012
Equity above €200,000 equity €208,856 ▲43.5% After 2 profitable years in a row, equity reaches €208,856.
Annual accounts 2011 filed PDFabbreviated format · 77 days before the deadline
2011
Back to profit net €1,171 The net result is €1,171, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 18 days late
2010
Weakest financial year net -€49,406 The net result drops to -€49,406, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2009 filed PDFabbreviated format · 12 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 36 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 34 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 5 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1995
First establishment DERDE CONSTRUCT NV, Meerbos 4A, Wichelen
Incorporation published on 25-07-1995

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 July 1995, DERDE CONSTRUCT was incorporated.1 Total assets went from €1.5m in 2018 to €2.1m in 2025 and headcount from 20.9 to 24.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0455.526.252
VAT number
BE 0455.526.252
Peppol ID
0208:0455526252
Legal form
Public limited company
Status
Active, normal situation
Founded
10-07-1995
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 11:00
deed of 04-04-2023 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DERDE CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-04-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
DERDE CONSTRUCT
deed of 04-04-2023 (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.
“Vlaams Gewest”
deed of 04-04-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2022
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
43999 Specialised construction activities main activity
Social security (RSZ) activities
42110 Construction of roads and motorways main activity
Codes under NACEBEL 2003
VAT activities
45450
Social security (RSZ) activities
45230 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Onderneming voor het bouwen,herstellen en onderhouden van wegen;omvat ook bouw-,herstellingswerken en onderhoudswerken van…”
25 activities
  1. Onderneming voor het bouwen,herstellen en onderhouden van wegen;omvat ook bouw-,herstellingswerken en onderhoudswerken van fietspaden,opritten en terrassen en van terreinen en startbanen van vliegtuigen
  2. Onderneming voor rioleringswerken
  3. Onderneming voor water- en gasvoorziening
  4. Onderneming voor het leggen van kabels en diverse leidingen;omvat ook lokalisatie van hoogspanningskabels en pijpen
  5. Onderneming voor het aanbrengen van verkeerssignalisatie en wegmarkeringen
  6. Onderneming voor het bouwen,aanleggen en onderhouden van spoorwegen en andere spoorlijnen;omvat alle bijkomstige werken
  7. Onderneming voor het aanleggen van speelpleinen,sportvelden,parken en tuinen;omvat ook aanplantingen
  8. Onderneming voor grondwerken
  9. Onderneming voor boringen,peilingen en uitdiepingen:omvat het neerslaan van de grondwaterspiegel
  10. Onderneming voor fundering,voor het heien van palen en damplanken en voor verstevigingswerken van de bodem volgens allerlei methodes
  11. Onderneming voor draineringswerken:omvat reinigen van waterlopen,alsmede graven en onderhouden van vijvers,rivieren en waterlopen
  12. Onderneming voor het bouwen van niet-metalen kunstwerken,met uitzondering van zee- en rivierwerken:omvat bouwen van bruggen,viaducten,weg- en spoorwegtunnels,watertoren,silos,vergaarbakken,tanken,zwembaden,kolenopslagplaatsen,askuilen,draaischijven,weegbruggen,steunmuren,enzovoort,omvat eveneens schilderen van deze werken
  13. Onderneming voor het optrekken van gebouwen(ruwbouw en onder dak zetten)omvat onderneming voor bekisting en ijzervlechtwerk
  14. Algemene bouwonderneming:omvat,behalve bedrijvigheden voorgaande rubriek,degene betreffende gehele of gedeeltelijke uitvoering van voltooiingswerken of coördinatie wanneer door onder-aannemers uitgevoerd
  15. Onderneming voor het optrekken van stellingen,alsmede voor het invoegen en reinigen van gevels
  16. Onderneming voor slopingswerken van gebouwen en kunstwerken omvat effenen en wegruimen
  17. Onderneming voor het plaatsen van afsluitingen
  18. Onderneming voor het waterdicht maken en bedekken:omvat dekken van daken met asfalt- of koolwaterstofhoudende produkten,eventueel gecombineerd met metalen
  19. Onderneming voor het droogmaken van gebouwen en afdaken
  20. Onderneming voor het leggen van tegelvloeren en voor het plaatsen van alle andere wand- en vloerbekledingen
  21. Onderneming voor het bewerken,polijsten en plaatsen van(gevel)bekleding voor gebouwen
  22. Import,export en verhandelen van bouwmaterialen
  23. Uitbating van een kantoor voor mechanografische werken:omvat opmaken van computerprogrammas en uitvoering van werken op computer
  24. Het verwerven en huren met oog op het inhuren en onderverhuren van onroerende goederen en roerende installaties
  25. Een patrimonium bestaande uit roerende en onroerende goederen te verwerven,te behouden en in meest ruime zin te beheren en oordeelkundig uit te breiden
deed of 04-04-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
DERDE CONSTRUCT NV registered office Meerbos 4A, 9260 Wichelen 19-07-1995 2.072.396.288

Buildings and parcels at the address

Ground area
3,575 m²
Buildings
700 m²
Volume, LiDAR
4,848 m³
Tallest building
8.0 m
Buildings to scale, each on its own parcel
700 m², 8.0 m 700 m², 8.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
42026A0913/00M0003,575 m² 1 · 700 m² 8.0 m · 2

Recognitions

Recognised contractor

17 categories
DERDE CONSTRUCT NVapproval number 46589
  • C General road works contractsclass 5, up to €2,172,000
  • C1 Ordinary sewer worksclass 5, up to €2,172,000
  • C5 Bituminous paving and surface dressingclass 2, up to €330,000
  • D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
  • D8 Asphalt and similar roof coverings, waterproofingclass 5, up to €2,172,000
  • D13 Paintingclass 1, up to €162,000
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D22 Metal roofing and zinc workclass 1, up to €162,000
Show all 17 categories
  • D24 Restoration of monumentsclass 1, up to €162,000
  • D25 Wall and floor coverings other than marble, parquet and tilesclass 1, up to €162,000
  • D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
  • E General civil engineering contractsclass 1, up to €162,000
  • E1 Trunk sewersclass 1, up to €162,000
  • G General earthworks contractsclass 2, up to €330,000
  • G3 Plantingclass 1, up to €162,000
  • G4 Special surfaces for sports groundsclass 1, up to €162,000
  • G5 Demolitionclass 1, up to €162,000
decision 08-10-2026

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 0455.526.252