Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2022 accounts came latest: 30 days after the end of the period.
Lower solvency than 95% of companies in specialised construction. Sector median 46.8% · 37,240 companies.
In July 2024, 6,018 companies had the same profile as EA CONSTRUCT has now. Each dot stands for 16 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for EA 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.
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.
| Company | ||||
|---|---|---|---|---|
| EA CONSTRUCT Westerlo | €17,287 | -€5,822 | -133.5% | - |
| MT BOUW Antwerp | €18,470 | -€16,406 | 26.4% | - |
| RANIME TOIT Aiseau-Presles | €19,609 | -€5,529 | -268.5% | - |
| RE GROUP Arendonk | €14,497 | -€28,733 | -95.1% | - |
| Delacana Putte | €13,479 | -€32,566 | -917.3% | - |
| TIP TOP TOIT Ath | €22,298 | -€3,839 | -2.9% | - |
| D.M.H TOIT Ganshoren | €19,941 | -€4,796 | 76.9% | - |
These companies have the same main activity as EA CONSTRUCT: roofing work (NACE 43410). They are comparable in size and age: total assets between €13,500 and €22,300, founded between 2018 and 2021.
EA CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €5,756 in 2020 to -€5,822 in 2025.
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.
Lower than 95% of 37,240 companies in 2025.
Higher than 6% of 36,534 companies in 2025.
Lower than 95% of 36,769 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
17,287 | 13,627 | 21,318 | 32,050 | 44,804 | 63,045 | |
21/28 |
68 | 447 | 825 | 27,133 | 36,194 | 45,255 | |
22/27 |
68 | 447 | 825 | 27,133 | 36,194 | 45,255 | |
23 |
68 | 447 | 825 | - | - | - | |
24 |
- | - | - | 27,133 | 36,194 | 45,255 | |
29/58 |
17,219 | 13,181 | 20,493 | 4,917 | 8,610 | 17,789 | |
40/41 |
2,178 | 1,748 | 8,581 | 2,271 | 2,098 | 13,310 | |
40 |
- | 0 | 7,397 | 1,385 | 1,400 | 8,540 | |
41 |
2,178 | 1,748 | 1,184 | 886 | 698 | 4,770 | |
54/58 |
2,962 | 2,434 | 2,793 | 2,646 | 6,512 | 4,480 | |
490/1 |
12,078 | 8,998 | 9,119 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
17,287 | 13,627 | 21,318 | 32,050 | 44,804 | 63,045 | |
10/15 |
-23,070 | -11,750 | 252 | -627 | 1,065 | 5,560 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
3,560 | 3,560 | 3,560 | 3,560 | 3,560 | 3,560 | |
133 |
3,560 | 3,560 | 3,560 | 3,560 | 3,560 | 3,560 | |
14 |
-28,630 | -17,309 | -5,307 | -6,186 | -4,495 | - | |
17/49 |
40,357 | 25,377 | 21,065 | 32,677 | 43,739 | 57,485 | |
17 |
- | - | - | 10,600 | 20,963 | 31,095 | |
170/4 |
- | - | - | 10,600 | 20,963 | 31,095 | |
42/48 |
40,357 | 25,377 | 21,065 | 22,077 | 22,776 | 26,390 | |
42 |
- | - | - | 10,363 | 10,132 | 9,905 | |
44 |
1,371 | 2,178 | - | - | 294 | 8,671 | |
440/4 |
1,371 | 2,178 | - | - | 294 | 8,671 | |
45 |
3,422 | 2,217 | 439 | 3,333 | 5,300 | 4,400 | |
450/3 |
1,422 | 217 | 439 | 3,333 | 4,500 | 2,400 | |
454/9 |
2,000 | 2,000 | - | - | 800 | 2,000 | |
47/48 |
35,564 | 20,982 | 20,626 | 8,381 | 7,051 | 3,414 | |
| Income statement | |||||||
76A |
- | 0 | - | - | - | - | |
9900 |
-5,822 | -7,918 | 2,760 | 10,783 | 8,833 | 5,756 | |
630 |
378 | 378 | 310 | 9,061 | 9,061 | 50 | |
640/8 |
1,113 | 298 | 699 | 1,295 | 2,167 | 559 | |
9901 |
-7,314 | -8,594 | 1,751 | 427 | -2,396 | 5,147 | |
75/76B |
- | - | - | - | 0 | 1 | |
75 |
- | - | - | - | 0 | 1 | |
65/66B |
3,807 | 3,190 | 433 | 885 | 1,004 | 193 | |
65 |
3,807 | 3,190 | 433 | 885 | 1,004 | 193 | |
9903 |
-11,121 | -11,784 | 1,318 | -458 | -3,400 | 4,955 | |
67/77 |
199 | 217 | 439 | 1,233 | 1,095 | 1,395 | |
9904 |
-11,320 | -12,002 | 879 | -1,692 | -4,495 | 3,560 | |
9905 |
-11,320 | -12,002 | 879 | -1,692 | -4,495 | 3,560 | |
| Appropriation of the result | |||||||
9906 |
-28,630 | -17,309 | -5,307 | -6,186 | -4,495 | 3,560 | |
14P |
-17,309 | -5,307 | -6,186 | -4,495 | - | - | |
691/2 |
- | - | - | - | - | 3,560 | |
6921 |
- | - | - | - | - | 3,560 | |
| 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 03-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00247305 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00307713 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00386928 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00380964 | |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20281282 | |
| 31-12-2020 | micro format | 29-08-2021 | 2021-60100168 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -6,935 | -8,216 | 2,061 | 9,488 | 6,665 | 5,197 | ||
| -10,942 | -11,624 | 1,189 | 7,369 | 4,566 | 3,609 | ||
| 0 | 0 | 1,135 | 0 | 0 | 45,305 | ||
| 528 | -359 | 147 | -3,866 | 2,032 | - | ||
| -23,138 | -12,196 | -573 | -17,160 | -14,166 | -8,601 | ||
| -133.5% | -86.2% | 1.2% | -2.0% | 2.4% | 8.8% | ||
| 0.43 | 0.52 | 0.97 | 0.22 | 0.38 | 0.67 | ||
| - | - | - | - | 41.07 | 10.34 | ||
| - | - | - | - | -422.0% | 64.0% | ||
| -65.5% | -88.1% | 4.1% | -5.3% | -10.0% | 5.6% | ||
| -1.82 | -2.58 | 4.76 | 10.72 | 6.64 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | - | - | €1,135 | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €378 | €378 | €310 | €9,061 | €9,061 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €7,314, smaller than the loss of €8,594 in 2024.
Equity is negative. Debt (€40,357) exceeds the balance-sheet total (€17,287).
EA CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. EA CONSTRUCT shares no director with another company.
| VALO Projectontwikkeling
registered office since 13-09-2022 · founded in 2022 |
total assets €50,406 (2025) 0790.738.456 |
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
On 21 February 2020, EA CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12 In 2022 the registered office moved to Oevel-Hofstraat.3 is director of the company, appointed by deed of 25-02-2020.2 Total assets went from €63,045 in 2020 to €17,287 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Hofstraat 5 registered office 2260 Westerlo | 21-02-2020 | 2.299.798.536 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13028A0136/00M002 | 598 m² | 1 · 113 m² | 9.4 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 0743.971.588
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