Skip to content

E-CONSTRUCT

Active
Private limited companyfounded 20215 yrs activeIndustrieweg-Noord 1118, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0768.754.890
Summary

The computed 12-month bankruptcy probability of E-CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €33,995 and a net result of €122,184. Equity is shrinking by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 7454 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+97
Solvency34▼-10
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.22 in 2023; short-term debt: 90.9% and cash: 6.2% of total assets), and 90.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
9.1%
Return on assets
32.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7454 sector peers (2024).
NBB · sector comparison
Position among 7454 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
336 d late
2022
119 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 142 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 May 2021, E-CONSTRUCT was incorporated as a Private limited company.1 Total assets went from EUR 75,436 in 2022 to EUR 373,163 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€33,995▲ 6.9%
2023 · €31,811
Total assets
€373,163▲ 118%
2023 · €171,510
Net result
€122,184
2023 · -€21,186
Working capital
€33,622▲ 8.0%
2023 · €31,123
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€57,858--€22,922€121,818
Net result€43,997within the sector's middle half--€21,186below the sector's middle half€122,184within the sector's middle half
Equity€52,997below the sector's middle half-€31,811below the sector's middle half▼ 40.0%€33,995below the sector's middle half▲ 6.9%
Total assets€75,436below the sector's middle half-€171,510below the sector's middle half▲ 127%€373,163below the sector's middle half▲ 118%
Debt€22,439-€139,699▲ 523%€339,169▲ 143%
Working capital€52,997-€31,123▼ 41.3%€33,622▲ 8.0%
Solvency70.3%above the sector's middle half-18.5%below the sector's middle half▼ 51.7pp9.1%below the sector's middle half▼ 9.4pp
Staff (FTE)0.3below the sector's middle half
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2022: €57,858€57,858Net result 2022: €43,997€43,997Operating result 2023: -€22,922-€22,922Net result 2023: -€21,186-€21,186Operating result 2024: €121,818€121,818Net result 2024: €122,184€122,184202220232024-€50,000€0€50,000€100,000Operating result 2022: €57,858€57,900Net result 2022: €43,997€44,000Operating result 2023: -€22,922-€22,900Net result 2023: -€21,186-€21,200Operating result 2024: €121,818€122,000Net result 2024: €122,184€122,000202220232024
The operating result returns to profit in 2024: €121,818 after a loss of €22,922 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €373,163
Fixed assets €373 ▼ 45.8%
Current assets €372,791 ▲ 118%
Equity and liabilities €373,163
Equity €33,995 ▲ 6.9%
Debt €339,169 ▲ 143%
Debt's share of the balance-sheet total rises from 81.5% to 90.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€122,133▲
2023 · -€22,665
Cash flow
€122,499▲
2023 · -€20,929
Current ratio
1.10▼
2023 · 1.22
Quick ratio
0.27▲
2023 · 0.01
Debt to equity
9.98▲
2023 · 4.39
ROE
359.4%▲
2023 · -66.6%
ROA
32.7%▲
2023 · -12.4%
Interest coverage
3501.53▲
2023 · -1133.24
Debt ≤ 1 year
€339,169▲
2023 · €139,699
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% 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: 2.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,151 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 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€171,510€373,163▲
Fixed assets21/28€688€373▼
Tangible fixed assets22/27€688€373▼
Plant, machinery and equipment23€688€373▼
Current assets29/58€170,822€372,791▲
Stocks and contracts in progress3€169,393€279,656▲
Stocks30/36€169,393€279,656▲
Amounts receivable within one year40/41€549€70,120▲
Trade receivables40-€57,500
Other amounts receivable41€549€12,620▲
Cash at bank and in hand54/58€880€23,014▲
Equity and liabilities
Total equity and liabilities10/49€171,510€373,163▲
Equity10/15€31,811€33,995▲
Contributions10/11€9,000€9,000=
Reserves13€22,811€24,995▲
Distributable reserves133€22,811€24,995▲
Amounts payable17/49€139,699€339,169▲
Amounts payable within one year42/48€139,699€339,169▲
Trade debts44€12,971€107,102▲
Suppliers440/4€12,971€107,102▲
Taxes, remuneration and social security45€14,661-
Taxes450/3€14,661-
Other amounts payable47/48€112,067€232,067▲
Income statement Code20232024
Remuneration, social security and pensions62€17,224-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€257€315▲
Other operating charges640/8€62€387▲
Gross operating margin9900-€5,379€122,521▲
Operating profit (loss)9901-€22,922€121,818▲
Financial income75/76B€1,756€400▼
Recurring financial income75€1,756€400▼
Financial charges65/66B€20€35▲
Recurring financial charges65€20€35▲
Profit (loss) for the period before taxes9903-€21,186€122,184▲
Profit (loss) for the period9904-€21,186€122,184▲
Profit (loss) for the period to be appropriated9905-€21,186€122,184▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,186€122,184▲
Transfer from equity791/2€21,186-
Transfer to equity691/2-€2,184
To other reserves6921-€2,184
Profit to be distributed694/7-€120,000
Directors or managers695-€120,000
Social balance
Average headcount (FTE)90870.3-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62-€17,224--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€257€315▲ 22.5%
Other operating charges640/8€62€62€387▲ 525%
Gross operating margin9900€57,920-€5,379€122,521▲ 2,378%
Operating profit (loss)9901€57,858-€22,922€121,818▲ 631%
Financial income75/76B€863€1,756€400▼ 77.2%
Recurring financial income75€863€1,756€400▼ 77.2%
Financial charges65/66B€63€20€35▲ 74.4%
Recurring financial charges65€63€20€35▲ 74.4%
Profit (loss) for the period before taxes9903€58,658-€21,186€122,184▲ 677%
Income taxes67/77€14,661---
Profit (loss) for the period9904€43,997-€21,186€122,184▲ 677%
Profit (loss) for the period to be appropriated9905€43,997-€21,186€122,184▲ 677%
Line202220232024Change
Assets
Total assets20/58€75,436€171,510€373,163▲ 118%
Fixed assets21/28-€688€373▼ 45.8%
Tangible fixed assets22/27-€688€373▼ 45.8%
Plant, machinery and equipment23-€688€373▼ 45.8%
Current assets29/58€75,436€170,822€372,791▲ 118%
Stocks and contracts in progress3-€169,393€279,656▲ 65.1%
Stocks30/36-€169,393€279,656▲ 65.1%
Amounts receivable within one year40/41€70,127€549€70,120▲ 12,681%
Trade receivables40€68,944-€57,500-
Other amounts receivable41€1,183€549€12,620▲ 2,200%
Cash at bank and in hand54/58€5,309€880€23,014▲ 2,515%
Equity and liabilities
Total equity and liabilities10/49€75,436€171,510€373,163▲ 118%
Equity10/15€52,997€31,811€33,995▲ 6.9%
Contributions10/11€9,000€9,000€9,000=
Reserves13€43,997€22,811€24,995▲ 9.6%
Distributable reserves133€43,997€22,811€24,995▲ 9.6%
Amounts payable17/49€22,439€139,699€339,169▲ 143%
Amounts payable within one year42/48€22,439€139,699€339,169▲ 143%
Trade debts44€7,711€12,971€107,102▲ 726%
Suppliers440/4€7,711€12,971€107,102▲ 726%
Taxes, remuneration and social security45€14,661€14,661--
Taxes450/3€14,661€14,661--
Other amounts payable47/48€67€112,067€232,067▲ 107%
Line202220232024Change
Profit (loss) for the period9904€43,997-€21,186€122,184▲ 677%
+ Depreciation and write-downs630-€257€315▲ 22.5%
Operating cash flow (approximation)€43,997-€20,929€122,499▲ 685%
Investment in fixed assets (approximation)--€0-
Change in cash--€4,429€22,134▲ 600%

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

Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
02-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 336 days late
2024
31-12
Financial Back to profitnet €122,184
Net result €122,184 after one loss-making year.
2023
31-12
Financial Weakest financial yearnet -€21,186
Net result drops to -€21,186, the lowest in the series; recovery starts the following year.
27-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Oudsbergen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
906 m²
Volume, LiDAR
5,092 m³
Parcel 71562B0905/00S003, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
21 companies at this address See who is registered here
1 establishment unit
E-CONSTRUCT
Industrieweg-Noord 1118, 3660 OudsbergenReal estate development
since 20212.317.525.384
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71562B0905/00S003 Flanders 1.9 ha 1 · 906 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 5,794 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0768754890
Also 9925:BE0768754890
Registered 05-01-2026

Register as of 27 September 2026 · Peppol Directory

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