Equity
E&S construct paid out €28,750 in dividends. That is 96% of the 2025 profit.
E&S construct paid out €28,750 in dividends. That is 96% of the 2025 profit.
The micro format states no turnover.
Debts rose by €98,234 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Green is investment, beige is depreciation. Machinery stands 428.9% higher than in 2024.
Short-term debts rose from €36,229 to €61,042.
The 2021 accounts came latest: 31 days after the end of the period.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 41, micro). It does better than 47% of them on solvency, 79% on liquidity, 68% on profitability and 39% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as E&S construct has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of E&S construct itself: 0.8% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for E&S construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.85 (2.81 in 2024), above the usual 1.5. Short-term debt is 25.3% and cash 28% of total assets. However, 61% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| E&S construct Balen | €241,121 | €66,597 | 39.0% | - |
| Patrick Hoogstraten | €238,876 | €54,990 | 38.8% | - |
| RenoFix-it Wommelgem | €243,393 | €65,872 | 55.9% | - |
| STERCKX DIEGO Ranst | €234,278 | €54,024 | 65.4% | - |
| Osaj Bouwwerken Antwerp | €225,049 | €72,966 | 54.6% | - |
| Rola home inspiration Wanze | €237,321 | €70,287 | 11.0% | - |
| BATEQ Brussels | €236,398 | €66,726 | -0.8% | - |
These companies have the same main activity as E&S construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €225,000 and €243,000, founded between 2017 and 2020.
E&S construct files the micro format. That format states no turnover. The gross margin rose from €31,152 in 2019 to €66,597 in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €350,000. Estimated: probably between €250,000 and €570,000.
Higher than 46% of 9,452 companies in 2025.
Higher than 54% of 9,200 companies in 2025.
Higher than 63% of 9,272 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
241,121 | 141,638 | 157,855 | 150,558 | 106,264 | 91,437 | 65,422 | |
21/28 |
128,254 | 39,916 | 57,837 | 80,662 | 42,236 | 47,981 | 37,377 | |
22/27 |
128,254 | 39,916 | 57,837 | 80,662 | 42,236 | 47,981 | 37,377 | |
23 |
40,297 | 7,619 | 13,275 | 17,363 | 22,742 | 19,546 | - | |
24 |
87,957 | 32,297 | 44,562 | 63,299 | 19,494 | 28,435 | 37,377 | |
29/58 |
112,867 | 101,722 | 100,018 | 69,896 | 64,028 | 43,456 | 28,046 | |
3 |
- | 2,612 | 5,900 | - | - | - | - | |
37 |
- | 2,612 | 5,900 | - | - | - | - | |
40/41 |
35,621 | 7,096 | 4,132 | 15,495 | 1,478 | 1,438 | 6,351 | |
40 |
34,367 | 5,624 | - | 7,567 | - | - | 4,521 | |
41 |
1,254 | 1,472 | 4,132 | 7,928 | 1,478 | 1,438 | 1,830 | |
54/58 |
67,613 | 89,272 | 88,045 | 51,666 | 61,861 | 40,094 | 18,988 | |
490/1 |
9,633 | 2,742 | 1,940 | 2,735 | 690 | 1,924 | 2,707 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
241,121 | 141,638 | 157,855 | 150,558 | 106,264 | 91,437 | 65,422 | |
10/15 |
94,145 | 92,896 | 88,679 | 91,366 | 82,279 | 48,738 | 26,985 | |
10/11 |
18,600 | 18,600 | 18,600 | 20,460 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | |
13 |
75,545 | 74,296 | 70,079 | 70,906 | 63,679 | 42,538 | 20,785 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | |
130 |
- | - | - | - | - | - | 1,040 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | |
133 |
75,545 | 74,296 | 70,079 | 70,906 | 61,819 | 40,678 | 19,745 | |
17/49 |
146,976 | 48,742 | 69,176 | 59,192 | 23,985 | 42,699 | 38,437 | |
17 |
85,757 | 12,513 | 20,319 | 35,776 | 10,981 | 17,814 | 24,291 | |
170/4 |
85,757 | 12,513 | 20,319 | 35,776 | 10,981 | 17,814 | 24,291 | |
42/48 |
61,042 | 36,229 | 48,857 | 23,416 | 13,004 | 24,885 | 14,146 | |
42 |
26,926 | 9,513 | 17,159 | 18,705 | 7,954 | 8,158 | 6,478 | |
44 |
4,130 | 6,720 | 3,761 | 1,473 | 3,151 | 10,795 | 1,967 | |
440/4 |
4,130 | 6,720 | 3,761 | 1,473 | 3,151 | 10,795 | 1,967 | |
45 |
1,142 | 1,729 | 942 | 1,155 | 345 | 3,464 | 3,392 | |
450/3 |
1,142 | 1,729 | 942 | 1,155 | 345 | 3,464 | 3,392 | |
47/48 |
28,845 | 18,267 | 26,995 | 2,083 | 1,553 | 2,469 | 2,309 | |
492/3 |
176 | - | - | - | - | - | - | |
| Income statement | ||||||||
9900 |
66,597 | 44,754 | 52,977 | 30,807 | 41,420 | 37,024 | 31,152 | |
630 |
27,059 | 17,921 | 24,210 | 17,088 | 13,973 | 9,719 | 6,706 | |
640/8 |
1,132 | 1,091 | 1,010 | 1,114 | 318 | 314 | 213 | |
9901 |
38,406 | 25,741 | 27,757 | 12,605 | 27,129 | 26,991 | 24,233 | |
75/76B |
- | 9 | - | 0 | 1 | 4 | 1 | |
75 |
- | 9 | - | 0 | 1 | 4 | 1 | |
65/66B |
3,135 | 826 | 1,123 | 817 | 871 | 902 | 333 | |
65 |
3,135 | 826 | 1,123 | 817 | 871 | 902 | 333 | |
9903 |
35,271 | 24,924 | 26,634 | 11,788 | 26,259 | 26,093 | 23,900 | |
67/77 |
5,272 | 5,707 | 5,791 | 2,702 | 5,118 | 4,340 | 3,115 | |
9904 |
29,999 | 19,217 | 20,843 | 9,087 | 21,141 | 21,753 | 20,785 | |
9905 |
29,999 | 19,217 | 20,843 | 9,087 | 21,141 | 21,753 | 20,785 | |
| Appropriation of the result | ||||||||
9906 |
29,999 | 19,217 | 20,843 | 9,087 | 21,141 | 21,753 | 20,785 | |
791/2 |
28,750 | - | 23,530 | - | - | - | - | |
691/2 |
29,999 | 4,217 | 20,843 | 9,087 | 21,141 | 21,753 | 20,785 | |
6920 |
- | - | - | - | - | 820 | 1,040 | |
6921 |
29,999 | 4,217 | 20,843 | 9,087 | 21,141 | 20,933 | 19,745 | |
694/7 |
28,750 | 15,000 | 23,530 | - | - | - | - | |
694 |
28,750 | 15,000 | 23,530 | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00372456 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00395663 | |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00245017 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00432328 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369631 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-38600412 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-26100574 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 65,465 | 43,663 | 51,967 | 29,693 | 41,101 | 36,710 | 30,939 | ||
| 57,058 | 37,138 | 45,053 | 26,175 | 35,113 | 31,472 | 27,491 | ||
| 115,397 | 0 | 1,386 | 55,514 | 8,227 | 20,324 | 44,083 | ||
| -21,659 | 1,227 | 36,380 | -10,195 | 21,767 | 21,106 | - | ||
| 51,825 | 65,493 | 51,161 | 46,480 | 51,024 | 18,571 | 13,900 | ||
| 39.0% | 65.6% | 56.2% | 60.7% | 77.4% | 53.3% | 41.2% | ||
| 1.85 | 2.81 | 2.05 | 2.98 | 4.92 | 1.75 | 1.98 | ||
| 1.85 | 2.74 | 1.93 | 2.98 | 4.92 | 1.75 | 1.98 | ||
| 1.56 | 0.52 | 0.78 | 0.65 | 0.29 | 0.88 | 1.42 | ||
| 31.9% | 20.7% | 23.5% | 9.9% | 25.7% | 44.6% | 77.0% | ||
| 12.4% | 13.6% | 13.2% | 6.0% | 19.9% | 23.8% | 31.8% | ||
| 20.88 | 52.84 | 46.28 | 36.35 | 47.20 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €115,397 | - | €1,386 | €55,514 | €8,227 |
| €27,059 | €17,921 | €24,210 | €17,088 | €13,973 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 49% higher than in 2024 and the highest since 2019. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 34.4% to 61.0%. Equity and debt are higher.
E&S construct has no parent and no holdings in its annual accounts. Roevens Steve is the only director. E&S construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Zandvlietstraat 15 registered office 2491 Balen | 01-04-2019 | 2.287.544.862 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13030A0730/00K000 | 1,650 m² | 1 · 152 m² | 7.1 m · 1 |
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. Use the enterprise number 0723.758.570
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