DEVID CONSTRUCT
ActiveDEVID CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €10k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 7415 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+20
Solvency100=
Growth75▲+17
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 8.26 against 14.31 in 2024; short-term debt: 12% and cash: 4.3% of total assets), and 12% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
88%
Return on assets
4.9%
Age of the figures
10 mo
neutral · Filed after the deadline
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 11-07-2026, 11 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 · 8 filingsDeviation from the deadline
2025
11 d late
2024
95 d late
2023
50 d late
2022
on the day
2021
6 d late
2020
13 d late
2019
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€167k▼ 13.2%
2020 · €192k
2018: €123k
2019: €246k
2020: €192k
2018 → 2021
EBIT margin
33.9%▲ 8.7pp
2020 · 25.2%
2018: 11.8%
2019: 28.1%
2020: 25.2%
2018 → 2021
Net result
€10k▲ 171%
2024 · €4k
2018: €9k
2019: €45k
2020: €33k
2021: €38k
2022: €19k
2023: €10k
2024: €4k
2018 → 2025
Working capital
€174k▲ 5.3%
2024 · €165k
2018: €15k
2019: €61k
2020: €94k
2021: €132k
2022: €151k
2023: €157k
2024: €165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€167k-
Equity€132k-€151k▲ 14.5%€161k▲ 6.8%€165k▲ 2.2%€175k▲ 5.9%
Operating result€57k-€30k▼ 46.3%€20k▼ 33.3%€20k▼ 2.7%€16k▼ 20.9%
Net result€38k-€19k▼ 50.0%€10k▼ 46.8%€4k▼ 64.9%€10k▲ 171%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€991
Current assets
€198k
Equity and liabilities €199k
Equity
€175k▲ 5.9%
Debt
€24k▲ 92.9%
The debt ratio rises from 7.0% to 12.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €24k
Cash flow
€10k▲
2024 · €8k
Solvency
88.0%▼
2024 · 93.0%
Current ratio
8.26▼
2024 · 14.31
Quick ratio
8.26▼
2024 · 14.31
Debt / equity
0.14▲
2024 · 0.08
ROE
5.6%▲
2024 · 2.2%
ROA
4.9%▲
2024 · 2.0%
Interest coverage
7.29▲
2024 · 3.99
Debt
€24k▲
2024 · €12k
Debt ≤ 1 year
€24k▲
2024 · €12k
Income taxes
€4k▼
2024 · €10k
Staff costs
€16k▲
2024 · €9k
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€177k€199k▲
Fixed assets21/28-€991
Tangible fixed assets22/27-€991
Furniture and vehicles24-€991
Current assets29/58€177k€198k▲
Amounts receivable within one year40/41€173k€189k▲
Trade receivables40€29k€35k▲
Other amounts receivable41€144k€154k▲
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€177k€199k▲
Equity10/15€165k€175k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€157k€167k▲
Amounts payable17/49€12k€24k▲
Amounts payable within one year42/48€12k€24k▲
Trade debts44€6k€14k▲
Suppliers440/4€3k€3k▲
Bills of exchange payable441€3k€11k▲
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€638€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€9k€16k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€496▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€36k€33k▼
Operating profit (loss)9901€20k€16k▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€14k€13k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€167k▲
Profit (loss) brought forward from the previous period14P€153k€157k▲
The notes to these accounts (5 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
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
30-11
Financial
Weakest financial yearnet €4k ▼64.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
30-11
Financial
Liquidity doublescurrent ratio 8.81
Current ratio from 4.33 to 8.81; short-term debt falls from €45k to €20k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Equity above €150kEq €151k ▲14.5%
5 profitable years in a row build equity to €151k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
30-11
Financial
Equity above €100kEq €132k ▲40.9%
4 profitable years in a row build equity to €132k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
30-11
Financial
Highest result since 2018net €45k ▲393%
Operating result €69k, net result €45k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Anderlecht · 1 establishment unit since 2017
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.
Buffonstraat 321070 AnderlechtGround area
79 m²
Building footprint
79 m²
Volume, LiDAR
789 m³
Parcel 21302A0138/00S000, Brussels · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEVID CONSTRUCT
since 20172.273.180.449
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0138/00S000 | Brussels | 79 m² | 1 · 79 m² | 11.7 m · 3 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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ANTWERP OFFICE REBUILDING
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PBO
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ENTREPRISE GENERALE S&F
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2017
Fiscal year end30-11
Activities, NACEBEL
41001General construction of residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.