E&S construct
ActiveSummary
The computed 12-month bankruptcy probability of E&S construct is 1.6% (moderate). The 2025 annual accounts show equity of €94k and a net result of €30k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 7453 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-2
Solvency64▼-27
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.81 in 2024; short-term debt: 25.3% and cash: 28% of total assets), but 61% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
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
39%
Return on assets
12.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
18 d late
2023
19 d early
2022
31 d late
2021
31 d late
2020
11 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€94k▲ 1.3%
2024 · €93k
2019: €27k
2020: €49k
2021: €82k
2022: €91k
2023: €89k
2024: €93k
2019 → 2025
Total assets
€241k▲ 70.2%
2024 · €142k
2019: €65k
2020: €91k
2021: €106k
2022: €151k
2023: €158k
2024: €142k
2019 → 2025
Net result
€30k▲ 56.1%
2024 · €19k
2019: €21k
2020: €22k
2021: €21k
2022: €9k
2023: €21k
2024: €19k
2019 → 2025
Working capital
€52k▼ 20.9%
2024 · €65k
2019: €14k
2020: €19k
2021: €51k
2022: €46k
2023: €51k
2024: €65k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€91k▲ 11.0%€89k▼ 2.9%€93k▲ 4.8%€94k▲ 1.3%
Operating result€27k-€13k▼ 53.5%€28k▲ 120%€26k▼ 7.3%€38k▲ 49.2%
Net result€21k-€9k▼ 57.0%€21k▲ 129%€19k▼ 7.8%€30k▲ 56.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€128k ▲ 221%
Current assets
€113k ▲ 11.0%
Equity and liabilities €241k
Equity
€94k ▲ 1.3%
Debt
€147k ▲ 202%
Debt's share of the balance-sheet total rises from 34.4% to 61.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €44k
Cash flow
€57k▲
2024 · €37k
Current ratio
1.85▼
2024 · 2.81
Debt to equity
1.56▲
2024 · 0.52
ROE
31.9%▲
2024 · 20.7%
ROA
12.4%▼
2024 · 13.6%
Interest coverage
20.88▼
2024 · 52.84
Debt ≤ 1 year
€61k▲
2024 · €36k
Debt > 1 year
€86k▲
2024 · €13k
Income taxes
€5k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€142k€241k▲
Fixed assets21/28€40k€128k▲
Tangible fixed assets22/27€40k€128k▲
Plant, machinery and equipment23€8k€40k▲
Furniture and vehicles24€32k€88k▲
Current assets29/58€102k€113k▲
Stocks and contracts in progress3€3k-
Contracts in progress37€3k-
Amounts receivable within one year40/41€7k€36k▲
Trade receivables40€6k€34k▲
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€89k€68k▼
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€142k€241k▲
Equity10/15€93k€94k▲
Contributions10/11€19k€19k=
Reserves13€74k€76k▲
Distributable reserves133€74k€76k▲
Amounts payable17/49€49k€147k▲
Amounts payable after more than one year17€13k€86k▲
Financial debts170/4€13k€86k▲
Amounts payable within one year42/48€36k€61k▲
Current portion of amounts payable after more than one year42€10k€27k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€18k€29k▲
Accrued charges and deferred income492/3-€176
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€27k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€45k€67k▲
Operating profit (loss)9901€26k€38k▲
Financial income75/76B€9-
Recurring financial income75€9-
Financial charges65/66B€826€3k▲
Recurring financial charges65€826€3k▲
Profit (loss) for the period before taxes9903€25k€35k▲
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€19k€30k▲
Profit (loss) for the period to be appropriated9905€19k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€30k▲
Transfer from equity791/2-€29k
Transfer to equity691/2€4k€30k▲
To other reserves6921€4k€30k▲
Profit to be distributed694/7€15k€29k▲
Return on contributions (dividend)694€15k€29k▲
The notes to these accounts (8 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €30k ▲56.1%
Operating result €38k, net result €30k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €9k ▼57%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.92
Current ratio from 1.75 to 4.92; short-term debt falls from €25k to €13k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Balen · 1 establishment unit since 2019
Ground area
1,650 m²
Building footprint
152 m²
Volume, LiDAR
645 m³
Parcel 13030A0730/00K000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
E&S Construct
since 20192.287.544.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030A0730/00K000 | Flanders | 1,650 m² | 1 · 152 m² | 7.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 160 EUR awarded · 160 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 160 EUR | 160 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.