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E&E CONSTRUCTORS

Active
Public limited companyfounded 198442 yrs activeGeraardsbergsestraat 13, 9300 Aalst, BelgiumKBO/BCE: BE 0425.762.593
Summary

E&E CONSTRUCTORS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354,264 and a net result of -€23,362. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability23▼-46
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 10.6 against 9.64 in 2024; short-term debt: 9.4% and cash: 15.2% of total assets), and 9.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 d late
2024
on the day
2023
on the day
2022
3 d late
2021
32 d early
2020
39 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
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

E&E CONSTRUCTORS was incorporated on 14 May 1984.1 Total assets fell from EUR 805,645 in 2019 to EUR 391,166 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€354,264▼ 6.2%
2024 · €377,626
Total assets
€391,166▼ 7.2%
2024 · €421,335
Net result
-€23,362
2024 · €53,423
Working capital
€354,264▼ 6.2%
2024 · €377,626
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€11,256▼ 76.5%-€2,215€28,143€35,247▲ 25.2%€10,680▼ 69.7%
Net result-€5,235-€6,809▼ 30.1%€1,422€53,423▲ 3,656%-€23,362
Equity€329,590▼ 1.6%€322,781▼ 2.1%€324,203▲ 0.4%€377,626▲ 16.5%€354,264▼ 6.2%
Total assets€614,153▲ 18.6%€608,241▼ 1.0%€379,559▼ 37.6%€421,335▲ 11.0%€391,166▼ 7.2%
Debt€284,563▲ 55.3%€285,460▲ 0.3%€55,355▼ 80.6%€43,709▼ 21.0%€36,901▼ 15.6%
Working capital€329,590▼ 1.6%€322,781▼ 2.1%€324,203▲ 0.4%€377,626▲ 16.5%€354,264▼ 6.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000€60,000Operating result 2021: €11,256€11,256Net result 2021: -€5,235-€5,235Operating result 2022: -€2,215-€2,215Net result 2022: -€6,809-€6,809Operating result 2023: €28,143€28,143Net result 2023: €1,422€1,422Operating result 2024: €35,247€35,247Net result 2024: €53,423€53,423Operating result 2025: €10,680€10,680Net result 2025: -€23,362-€23,36220212022202320242025-€40,000-€20,000€0€20,000€40,000€60,000Operating result 2023: €28,143€28,100Net result 2023: €1,422€1,420Operating result 2024: €35,247€35,200Net result 2024: €53,423€53,400Operating result 2025: €10,680€10,700Net result 2025: -€23,362-€23,400202320242025
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €391,166
Equity €354,264 ▼ 6.2%
Debt €36,901 ▼ 15.6%
Debt's share of the balance-sheet total falls from 10.4% to 9.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
10.60▲
2024 · 9.64
Debt to equity
0.10▼
2024 · 0.12
ROE
-6.6%▼
2024 · 14.1%
ROA
-6.0%▼
2024 · 12.7%
Debt ≤ 1 year
€36,901▼
2024 · €43,709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% 1.9%
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% 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 12,321 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€421,335€391,166▼
Current assets29/58€421,335€391,166▼
Amounts receivable after more than one year29€292,000€292,000=
Other amounts receivable291€292,000€292,000=
Stocks and contracts in progress3€102,332-
Stocks30/36€102,332-
Amounts receivable within one year40/41€14,825€39,650▲
Other amounts receivable41€14,825€39,650▲
Cash at bank and in hand54/58€12,178€59,516▲
Equity and liabilities
Total equity and liabilities10/49€421,335€391,166▼
Equity10/15€377,626€354,264▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€59,976€59,976=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€53,776€53,776=
Profit (loss) carried forward14€255,650€232,289▼
Amounts payable17/49€43,709€36,901▼
Amounts payable within one year42/48€43,709€36,901▼
Trade debts44-€144
Suppliers440/4-€144
Taxes, remuneration and social security45€15,581-
Taxes450/3€15,581-
Other amounts payable47/48€28,128€36,757▲
Income statement Code20242025
Other operating charges640/8-€285
Gross operating margin9900€35,247€10,965▼
Operating profit (loss)9901€35,247€10,680▼
Financial income75/76B€33,892-
Recurring financial income75€33,892-
Financial charges65/66B€135€34,042▲
Recurring financial charges65€135€34,042▲
Profit (loss) for the period before taxes9903€69,003-€23,362▼
Income taxes67/77€15,581-
Profit (loss) for the period9904€53,423-€23,362▼
Profit (loss) for the period to be appropriated9905€53,423-€23,362▼
Appropriation of the result
Profit (loss) to be appropriated9906€255,650€232,289▼
Profit (loss) brought forward from the previous period14P€202,227€255,650▲
Line20212022202320242025Change
Other operating charges640/8-€189€199-€285-
Gross operating margin9900€11,562-€2,027€28,341€35,247€10,965▼ 68.9%
Operating profit (loss)9901€11,256-€2,215€28,143€35,247€10,680▼ 69.7%
Financial income75/76B---€33,892--
Recurring financial income75---€33,892--
Financial charges65/66B-€4,593€26,720€135€34,042▲ 25,116%
Recurring financial charges65€16,491€4,593€26,720€135€34,042▲ 25,116%
Profit (loss) for the period before taxes9903-€5,235-€6,809€1,422€69,003-€23,362▼ 134%
Income taxes67/77---€15,581--
Profit (loss) for the period9904-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Profit (loss) for the period to be appropriated9905-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Line20212022202320242025Change
Assets
Total assets20/58€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Current assets29/58€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Amounts receivable after more than one year29---€292,000€292,000=
Other amounts receivable291---€292,000€292,000=
Stocks and contracts in progress3€332,698€332,698€179,524€102,332--
Stocks30/36-€332,698€179,524€102,332--
Amounts receivable within one year40/41€250,000€250,000-€14,825€39,650▲ 167%
Other amounts receivable41-€250,000-€14,825€39,650▲ 167%
Cash at bank and in hand54/58€31,455€25,543€200,035€12,178€59,516▲ 389%
Equity and liabilities
Total equity and liabilities10/49€614,153€608,241€379,559€421,335€391,166▼ 7.2%
Equity10/15€329,590€322,781€324,203€377,626€354,264▼ 6.2%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€59,976€59,976€59,976€59,976€59,976=
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Distributable reserves133-€53,776€53,776€53,776€53,776=
Profit (loss) carried forward14€207,614€200,805€202,227€255,650€232,289▼ 9.1%
Amounts payable17/49€284,563€285,460€55,355€43,709€36,901▼ 15.6%
Amounts payable within one year42/48€284,563€285,460€55,355€43,709€36,901▼ 15.6%
Current portion of amounts payable after more than one year42-€250,000----
Trade debts44€120€122€17,052-€144-
Suppliers440/4-€122€17,052-€144-
Taxes, remuneration and social security45---€15,581--
Taxes450/3---€15,581--
Other amounts payable47/48-€35,338€38,304€28,128€36,757▲ 30.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Operating cash flow (approximation)-€5,235-€6,809€1,422€53,423-€23,362▼ 144%
Change in cash--€5,912€174,492-€187,856€47,338▲ 125%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial Weakest financial yearnet -€23,362
Net result drops to -€23,362, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €53,423 ▲3,656%
Net result €53,423, the highest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €1,422
Net result €1,422 after 2 loss-making years.
30-06
Financial Liquidity triplescurrent ratio 6.86
Current ratio from 2.13 to 6.86; short-term debt falls from €285,460 to €55,355.
03-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
30-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
26-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
23-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
19-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Aalst · 1 establishment unit since 2003
seat establishment approximate The establishment unit on the map
Ground area
380 m²
Building footprint
254 m²
Volume, LiDAR
1,573 m³
2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
E&E CONSTRUCTORS
Geraardsbergsestraat 11, 9300 AalstNACE 18222
since 20032.134.987.816
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41002A2164/00B000 Flanders 240 m² 1 · 114 m² 11.5 m · 3 fl.
41002B0392/00F000 Flanders 140 m² 1 · 140 m² 7.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VRE MANAGEMENT 98%
  2. E&E CONSTRUCTORS

Highest known parent: VRE MANAGEMENT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded14-05-1984
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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

Register as of 29 September 2026 · Peppol Directory

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