E & I CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of E & I CONSTRUCT is 1.8% (moderate). The 2024 annual accounts show equity of €100,702 and a net result of €3,497. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 27% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 3.9 FTE
- Equity
- €100,702
- Profit
- €3,497
- IOTU EugenDirector
Why 53raises riskFigures for financial year 2024 (filed 25-07-2025)Liquidity: current ratio 1.27, cash €20,812, halvedlowers riskSize: total assets €387,251Founded in 2012Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 27% on solvency, 10% on liquidity, 20% on profitability and 21% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 7 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet €3,497 ▼79.8%
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result has fallen two years in a row; 2024 is 55% below 2023 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96.9% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,508 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €355,195 | €459,014 | €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 | €9,804 | €11,760 | €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 | €22,021 | €47,112 | €29,190 | €197,778 | €189,236 | €202,316 | €208,496 | ▲ 3.1% |
| Operating profit (loss)9901 | €10,571 | €33,628 | €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 | €5 | €1,099 | €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 | €1,809 | €1,788 | €2,571 | €1,908 | €24,773 | €12,857 | €10,230 | ▼ 20.4% |
| Profit (loss) for the period before taxes9903 | €8,767 | €32,939 | €14,227 | €27,728 | €25,325 | €24,806 | €9,442 | ▼ 61.9% |
| Income taxes67/77 | €3,457 | €13,064 | €3,600 | €8,398 | €7,672 | €7,535 | €5,945 | ▼ 21.1% |
| Profit (loss) for the period9904 | €5,310 | €19,875 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| Profit (loss) for the period to be appropriated9905 | €5,310 | €19,875 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €79,201 | €118,453 | €114,878 | €161,927 | €211,554 | €252,288 | €387,251 | ▲ 53.5% |
| Fixed assets21/28 | €31,087 | €30,171 | €29,827 | €19,943 | €31,227 | €34,455 | €34,395 | ▼ 0.2% |
| Tangible fixed assets22/27 | €31,087 | €30,171 | €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 | €48,114 | €88,282 | €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 | €39,750 | €62,815 | €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 | €7,741 | €25,107 | €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 | €79,201 | €118,453 | €114,878 | €161,927 | €211,554 | €252,288 | €387,251 | ▲ 53.5% |
| Equity10/15 | €48,172 | €68,048 | €78,674 | €89,655 | €105,120 | €117,081 | €100,702 | ▼ 14.0% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | - | - | - | - |
| Other1109/19 | - | - | - | €6,200 | - | - | - | - |
| Reserves13 | €41,972 | €61,848 | €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 | €31,029 | €50,405 | €36,204 | €72,273 | €106,434 | €135,207 | €286,549 | ▲ 112% |
| Amounts payable after more than one year17 | €15,111 | €13,581 | €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 | €15,918 | €36,824 | €30,272 | €72,273 | €88,478 | €93,630 | €278,582 | ▲ 198% |
| Financial debts43 | - | - | - | €7,977 | €4,737 | €4,907 | €58,786 | ▲ 12× |
| Credit institutions430/8 | - | - | - | €7,977 | €4,737 | €4,907 | €58,786 | ▲ 12× |
| Trade debts44 | €1,775 | €5,844 | €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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,310 | €19,875 | €10,627 | €19,330 | €17,652 | €17,271 | €3,497 | ▼ 79.8% |
| + Depreciation and write-downs630 | €9,804 | €11,760 | €11,615 | €12,799 | €13,556 | €11,109 | €10,621 | ▼ 4.4% |
| Operating cash flow (approximation) | €15,114 | €31,635 | €22,242 | €32,129 | €31,208 | €28,380 | €14,118 | ▼ 50.3% |
| Investment in fixed assets (approximation) | - | -€10,844 | -€11,272 | -€2,914 | -€24,839 | -€14,337 | -€10,562 | ▲ 26.3% |
| Change in cash | - | €17,366 | -€24,112 | €42,094 | -€2,853 | €18,362 | -€37,787 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 24-07-2025 | 2025-00310065 |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00285589 |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00268857 |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20232818 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39100056 |
| 31-12-2019 | micro format | 24-07-2020 | 2020-33700307 |
| 31-12-2018 | micro format | 23-07-2019 | 2019-36400127 |
| 31-12-2017 | micro format | 25-07-2018 | 2018-37400192 |
| 31-12-2016 | micro format | 25-07-2017 | 2017-35200092 |
| 31-12-2015 | abbreviated format | 22-07-2016 | 2016-34200542 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 2 entries · €574 awarded · €574 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €328 | €328 |
| 2022 | 1 | €246 | €246 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| IOTU Eugen |
|
Owners and capital
Capital and shareholders
- 21-02-2024 Capital stated in the deed · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-02
Gazette deed
Appointment: IOTU Eugen (statutory director)Amendment of the articles · Capital conversion · Power of attorney10 facts ▸
- General meeting, 29-12-2023
- Amendment of the articles (3 times)
- Capital conversion, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, artikel 39,§2,tweede lid,wet van 23-03-2019” (deed in Dutch)
- Other provision, “voorlezing en toelichting uitkeringsvoorwaarden door notaris, artikel 5:144,2e lid WVV,terugvordering van aandeelhouders ongeacht goede of kwade trouw” (deed in Dutch)
- Other provision, 01-01-2020, “omzetting hoedanigheid zaakvoerder naar bestuurder van rechtswege” (deed in Dutch)
- Director appointment, IOTU Eugen (statutory director)
- Power of attorney, SERRIEN Quinten
- Capital
- Board composition, IOTU Eugen (statutory director)
- Registered office clause, “2100 Antwerpen (Deurne) Amandus Geenenlaan 7/GLV, ZEVENDE BESLUIT: VASTSTELLING ADRES ZETEL BUITEN STATUTEN” (deed in Dutch)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0846.028.654
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11344A0497/00E006 | Flanders | 225 m² | 1 · 122 m² | 9.3 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle ruwbouwwerken; Stukadoor,cementeer en dekvloeractiviteiten; Tegel,marmer- en natuursteenactiviteiten; Dakwerken en waterdichtmaken…” (deed in Dutch)
11 activities (deed in Dutch)
- Alle ruwbouwwerken
- Stukadoor,cementeer en dekvloeractiviteiten
- Tegel,marmer- en natuursteenactiviteiten
- Dakwerken en waterdichtmaken
- Plaatsen en herstellen van schrijnwerk
- Glazenmaker
- Algemeen schrijnwerk
- Eindafwerking in de bouwsector (schilderen en behangen)
- Installatie van centrale verwarming,klimaat,gas en sanitair
- Elektrotechniek
- Algemene aannemer in de bouwsector
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- E & I CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging door het bestuursorgaan Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, bestuursorgaan” (deed in Dutch)“Hoofdelijk met rechtspersoon alsof in eigen naam en voor eigen rekening, rechtspersoon-bestuurder duidt natuurlijke persoon aan als vaste…” (deed in Dutch)“Bepaalt hun aantal, bepaalt duur opdracht, bij gebrek onbepaalde duur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 12:00