E & I CONSTRUCT
ActiveSummary
E & I CONSTRUCT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100,702 and a net result of €3,497. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-16
Solvency51▼-20
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 2.33 in 2023; short-term debt: 71.9% and cash: 5.4% of total assets), and 74% 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 · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
26%
Return on assets
0.9%
Age of the figures
21 mo
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
7 d early
2022
7 d early
2021
5 d early
2020
8 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before 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)
History
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Financials · fiscal year 2024, micro schema
Turnover
€629,970▲ 52.8%
2020 · €412,305
EBIT margin
4.7%▲ 0.8pp
2020 · 3.9%
Net result
€3,497▼ 79.8%
2023 · €17,271
Working capital
€74,273▼ 40.2%
2023 · €124,204
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
Line20202021202220232024
Turnover€412,305▼ 10.2%€629,970▲ 52.8%
Operating result€16,030▼ 52.3%€29,448▲ 83.7%€37,242▲ 26.5%€34,568▼ 7.2%€15,464▼ 55.3%
Net result€10,627▼ 46.5%€19,330▲ 81.9%€17,652▼ 8.7%€17,271▼ 2.2%€3,497▼ 79.8%
EBIT margin3.9%▼ 3.4pp4.7%▲ 0.8pp
Equity€78,674▲ 15.6%€89,655▲ 14.0%€105,120▲ 17.2%€117,081▲ 11.4%€100,702▼ 14.0%
Total assets€114,878▼ 3.0%€161,927▲ 41.0%€211,554▲ 30.6%€252,288▲ 19.3%€387,251▲ 53.5%
Debt€36,204▼ 28.2%€72,273▲ 99.6%€106,434▲ 47.3%€135,207▲ 27.0%€286,549▲ 112%
Working capital€54,779▲ 6.5%€69,712▲ 27.3%€91,849▲ 31.8%€124,204▲ 35.2%€74,273▼ 40.2%
Staff (FTE)33.2▲ 6.7%3.2=3.9▲ 21.9%
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 two years in a row; 2024 is 55% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387,251
Fixed assets
€34,395 ▼ 0.2%
Current assets
€352,856 ▲ 62.0%
Equity and liabilities €387,251
Equity
€100,702 ▼ 14.0%
Debt
€286,549 ▲ 112%
Debt's share of the balance-sheet total rises from 53.6% to 74.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€26,085▼
2023 · €45,677
Cash flow
€14,118▼
2023 · €28,380
Current ratio
1.27▼
2023 · 2.33
Quick ratio
1.14▼
2023 · 2.33
Debt to equity
2.85▲
2023 · 1.15
ROE
3.5%▼
2023 · 14.8%
ROA
0.9%▼
2023 · 6.8%
Interest coverage
2.55▼
2023 · 3.55
Debt ≤ 1 year
€278,582▲
2023 · €93,630
Debt > 1 year
€7,966▼
2023 · €13,049
Income taxes
€5,945▼
2023 · €7,535
Staff costs
€181,762▲
2023 · €153,411
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €412,305 | €629,970 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €432,192 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €128,467 | €136,710 | €153,411 | €181,762 | ▲ 18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,615 | €12,799 | €13,556 | €11,109 | €10,621 | ▼ 4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €25,762 | - | - | - | - |
| Other operating charges640/8 | - | €1,302 | €1,728 | €3,227 | €649 | ▼ 79.9% |
| Gross operating margin9900 | €29,190 | €197,778 | €189,236 | €202,316 | €208,496 | ▲ 3.1% |
| Operating profit (loss)9901 | €16,030 | €29,448 | €37,242 | €34,568 | €15,464 | ▼ 55.3% |
| Financial income75/76B | - | €189 | €12,855 | €3,096 | €4,208 | ▲ 35.9% |
| Recurring financial income75 | €768 | €189 | €12,855 | €3,096 | €4,208 | ▲ 35.9% |
| Financial charges65/66B | - | €1,908 | €24,773 | €12,857 | €10,230 | ▼ 20.4% |
| Recurring financial charges65 | €2,571 | €1,908 | €24,773 | €12,857 | €10,230 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €14,227 | €27,728 | €25,325 | €24,806 | €9,442 | ▼ 61.9% |
| Income taxes67/77 | €3,600 | €8,398 | €7,672 | €7,535 | €5,945 | ▼ 21.1% |
| Profit (loss) for the period9904 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| Profit (loss) for the period to be appropriated9905 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,878 | €161,927 | €211,554 | €252,288 | €387,251 | ▲ 53.5% |
| Fixed assets21/28 | €29,827 | €19,943 | €31,227 | €34,455 | €34,395 | ▼ 0.2% |
| Tangible fixed assets22/27 | €26,359 | €16,475 | €27,759 | €30,987 | €30,927 | ▼ 0.2% |
| Plant, machinery and equipment23 | - | €9,323 | €23,283 | €18,119 | €20,474 | ▲ 13.0% |
| Furniture and vehicles24 | - | €6,597 | €4,475 | €12,868 | €10,452 | ▼ 18.8% |
| Other tangible fixed assets26 | - | €555 | - | - | - | - |
| Financial fixed assets28 | €3,468 | €3,468 | €3,468 | €3,468 | €3,468 | = |
| Current assets29/58 | €85,051 | €141,984 | €180,327 | €217,833 | €352,856 | ▲ 62.0% |
| Stocks and contracts in progress3 | - | - | - | - | €34,995 | - |
| Stocks30/36 | - | - | - | - | €34,995 | - |
| Amounts receivable within one year40/41 | €83,432 | €98,895 | €137,483 | €133,108 | €285,815 | ▲ 115% |
| Trade receivables40 | - | €84,182 | €105,441 | €117,707 | €268,371 | ▲ 128% |
| Other amounts receivable41 | - | €14,713 | €32,042 | €15,401 | €17,444 | ▲ 13.3% |
| Cash at bank and in hand54/58 | €995 | €43,089 | €40,236 | €58,598 | €20,812 | ▼ 64.5% |
| Deferred charges and accrued income490/1 | - | - | €2,608 | €26,127 | €11,234 | ▼ 57.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,878 | €161,927 | €211,554 | €252,288 | €387,251 | ▲ 53.5% |
| Equity10/15 | €78,674 | €89,655 | €105,120 | €117,081 | €100,702 | ▼ 14.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | - | - | - | - |
| Other1109/19 | - | €6,200 | - | - | - | - |
| Reserves13 | €72,474 | €83,455 | €98,920 | €110,881 | €94,502 | ▼ 14.8% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €81,595 | €97,060 | €110,881 | €94,502 | ▼ 14.8% |
| Amounts payable17/49 | €36,204 | €72,273 | €106,434 | €135,207 | €286,549 | ▲ 112% |
| Amounts payable after more than one year17 | €5,932 | - | €17,955 | €13,049 | €7,966 | ▼ 38.9% |
| Financial debts170/4 | - | - | €17,955 | €13,049 | €7,966 | ▼ 38.9% |
| Amounts payable within one year42/48 | €30,272 | €72,273 | €88,478 | €93,630 | €278,582 | ▲ 198% |
| Financial debts43 | - | €7,977 | €4,737 | €4,907 | €58,786 | ▲ 1,098% |
| Credit institutions430/8 | - | €7,977 | €4,737 | €4,907 | €58,786 | ▲ 1,098% |
| Trade debts44 | €14,508 | €17,321 | €31,067 | €58,508 | €188,021 | ▲ 221% |
| Suppliers440/4 | - | €17,321 | €31,067 | €58,508 | €188,021 | ▲ 221% |
| Taxes, remuneration and social security45 | - | €12,863 | €21,958 | €24,904 | €7,535 | ▼ 69.7% |
| Taxes450/3 | - | €12,863 | €8,218 | €15,753 | €7,535 | ▼ 52.2% |
| Remuneration and social security454/9 | - | - | €13,740 | €9,152 | - | - |
| Other amounts payable47/48 | - | €34,112 | €30,716 | €5,310 | €24,240 | ▲ 356% |
| Accrued charges and deferred income492/3 | - | - | - | €28,529 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| + Depreciation and write-downs630 | €11,615 | €12,799 | €13,556 | €11,109 | €10,621 | ▼ 4.4% |
| Operating cash flow (approximation) | €22,242 | €32,129 | €31,208 | €28,380 | €14,118 | ▼ 50.3% |
| Investment in fixed assets (approximation) | - | -€2,914 | -€24,839 | -€14,337 | -€10,562 | ▲ 26.3% |
| Change in cash | - | €42,094 | -€2,853 | €18,362 | -€37,787 | ▼ 306% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3,497 ▼79.8%
Net result drops to €3,497, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €105,120 ▲17.2%
5 profitable years in a row build equity to €105,120.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €19,875 ▲274%
Net result €19,875, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Antwerpen · 1 establishment unit since 2012
Ground area
225 m²
Building footprint
122 m²
Volume, LiDAR
1,013 m³
Parcel 11344A0497/00E006, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
E & I CONSTRUCT
since 20122.209.671.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0497/00E006 | Flanders | 225 m² | 1 · 122 m² | 9.3 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 574 EUR awarded · 574 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 328 EUR | 328 EUR |
| 2022 | 1 | 246 EUR | 246 EUR |
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Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 1,978 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
Founded16-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43310Plastering work
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.