EG CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of EG CONSTRUCT is 4.0% (moderate). The 2026 annual accounts show equity of €113,190 and a net result of €30,986. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 39% of 969 sector peers (NACE 43, financial year 2026). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-04-2014 Normal situation
- Activity
- Plumbing work NACE 43221and 7 others
- Establishment unit
- 2.231.287.733 4051 Chaudfontaine, since 30-04-2014
- Financial year end
- 30 April
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.0%
- Gross margin
- €55,754
- ▼ 27.1%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €30,986
- ▼ 50.2%
- Equity
- €113,190
- ▲ 37.7%
- Total assets
- €281,225
- ▲ 47.3%
Score breakdownraises risk2 changes of registered office in 24 monthsLiquidity: current ratio 3.18, cash €2Size: total assets €281,225lowers riskFounded in 2014Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43, micro). It does better than 43% of them on solvency, 27% on liquidity, 64% on profitability and 79% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-04-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 28-10-2026 at the NBB all 12 filings
Every figure per financial year
The operating result for 2026 is 33% lower than in 2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-04-2022 | 30-04-2023 | 30-04-2024 | 30-04-2025 | 30-04-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €15,349 | €3,386 | €22,500 | - | €2,776 |
| Financial fixed assets | - | - | - | - | €1,210 |
| Depreciation and write-downs of the year | €14,455 | €10,718 | €12,655 | €10,664 | €8,265 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,721 | €8,564 | €24,935 | €14,455 | €10,718 | €12,655 | €10,664 | €8,265 | ▼ 22.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €8,986 | - | €5,842 | - | - | - |
| Other operating charges640/8 | - | - | - | €17,192 | €7,961 | €9,609 | €1,126 | €4,245 | ▲ 277% |
| Non-recurring operating charges66A | - | - | - | €49,210 | €4,676 | €7,943 | €40 | €248 | ▲ 520% |
| Gross operating margin9900 | €34,826 | €92,566 | €11,580 | €130,537 | €46,688 | €43,746 | €76,452 | €55,754 | ▼ 27.1% |
| Operating profit (loss)9901 | €10,254 | €73,428 | -€26,353 | €40,694 | €23,333 | €7,697 | €64,622 | €42,996 | ▼ 33.5% |
| Financial income75/76B | - | - | - | €83 | €147 | €8 | €7 | €9 | ▲ 28.6% |
| Recurring financial income75 | - | €114 | €2 | €23 | €87 | €8 | €7 | €9 | ▲ 28.6% |
| Non-recurring financial income76B | - | - | - | €60 | €60 | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,999 | €12,950 | €3,937 | €2,371 | €3,937 | ▲ 66.0% |
| Recurring financial charges65 | €1,362 | €1,878 | €1,473 | €1,999 | €12,950 | €3,937 | €2,371 | €3,937 | ▲ 66.0% |
| Profit (loss) for the period before taxes9903 | €4,101 | €12,505 | -€25,574 | €38,778 | €10,530 | €3,768 | €62,258 | €39,068 | ▼ 37.2% |
| Income taxes67/77 | €1,139 | €6,118 | - | €25,037 | €6,353 | €2,904 | - | €8,082 | - |
| Profit (loss) for the period9904 | €2,962 | €6,387 | -€25,574 | €13,741 | €4,177 | €864 | €62,258 | €30,986 | ▼ 50.2% |
| Profit (loss) for the period to be appropriated9905 | €2,962 | €6,387 | -€25,574 | €13,741 | €4,177 | €864 | €62,258 | €30,986 | ▼ 50.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €168,640 | €161,653 | €167,686 | €158,987 | €127,710 | €170,598 | €190,880 | €281,225 | ▲ 47.3% |
| Fixed assets21/28 | €85,385 | €23,779 | €89,887 | €41,570 | €34,238 | €44,084 | €33,420 | €29,141 | ▼ 12.8% |
| Tangible fixed assets22/27 | €83,755 | €20,949 | €87,057 | €38,740 | €31,408 | €41,254 | €30,590 | €25,101 | ▼ 17.9% |
| Plant, machinery and equipment23 | - | - | - | €6,750 | €5,906 | €25,313 | €22,219 | €19,125 | ▼ 13.9% |
| Furniture and vehicles24 | - | - | - | €31,990 | €25,502 | €15,941 | €8,371 | €5,976 | ▼ 28.6% |
| Financial fixed assets28 | €1,630 | €2,830 | €2,830 | €2,830 | €2,830 | €2,830 | €2,830 | €4,040 | ▲ 42.8% |
| Current assets29/58 | €83,255 | €137,874 | €77,799 | €117,417 | €93,472 | €126,514 | €157,460 | €252,084 | ▲ 60.1% |
| Stocks and contracts in progress3 | €7,800 | €7,800 | €7,800 | €7,800 | €7,800 | - | - | - | - |
| Stocks30/36 | - | - | - | €7,800 | €7,800 | - | - | - | - |
| Amounts receivable within one year40/41 | €30,122 | €108,938 | €69,305 | €108,877 | €85,484 | €125,780 | €157,460 | €252,082 | ▲ 60.1% |
| Trade receivables40 | - | - | - | €98,482 | €82,691 | €98,506 | €156,212 | €240,946 | ▲ 54.2% |
| Other amounts receivable41 | - | - | - | €10,395 | €2,793 | €27,274 | €1,248 | €11,136 | ▲ 792% |
| Cash at bank and in hand54/58 | €36,776 | €19,965 | €694 | €536 | €188 | €734 | - | €2 | - |
| Deferred charges and accrued income490/1 | - | - | - | €204 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €168,640 | €161,653 | €167,686 | €158,987 | €127,710 | €170,598 | €190,880 | €281,225 | ▲ 47.3% |
| Equity10/15 | €20,351 | €26,738 | €1,164 | €14,905 | €19,082 | €19,946 | €82,204 | €113,190 | ▲ 37.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €368 | €688 | €688 | €688 | €688 | €688 | €688 | €688 | = |
| Non-distributable reserves130/1 | - | - | - | €688 | €688 | €688 | €688 | €688 | = |
| Legal reserve130 | - | - | - | €688 | €688 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €688 | €688 | €688 | = |
| Profit (loss) carried forward14 | €1,383 | €7,450 | -€18,124 | -€4,383 | -€206 | €658 | €62,916 | €93,902 | ▲ 49.2% |
| Amounts payable17/49 | €148,289 | €134,915 | €166,522 | €144,082 | €108,628 | €150,652 | €108,676 | €168,035 | ▲ 54.6% |
| Amounts payable after more than one year17 | - | €40,039 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €118,289 | €94,876 | €166,522 | €144,082 | €107,512 | €150,652 | €108,676 | €79,195 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €33,666 | €15,791 | - | - | - | - |
| Financial debts43 | - | - | - | €25,000 | €25,525 | €25,000 | €26,065 | €28,117 | ▲ 7.9% |
| Credit institutions430/8 | - | - | - | €25,000 | €25,525 | €25,000 | €26,065 | €28,117 | ▲ 7.9% |
| Trade debts44 | €73,197 | €61,535 | €96,685 | €85,416 | €59,035 | €125,368 | €17,061 | €45,078 | ▲ 164% |
| Suppliers440/4 | - | - | - | €85,416 | €59,035 | €125,368 | €17,061 | €45,078 | ▲ 164% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,311 | - | - | €6,000 | - |
| Taxes450/3 | - | - | - | - | €1,311 | - | - | €6,000 | - |
| Other amounts payable47/48 | - | - | - | - | €5,850 | €284 | €65,550 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,116 | - | - | €88,840 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,962 | €6,387 | -€25,574 | €13,741 | €4,177 | €864 | €62,258 | €30,986 | ▼ 50.2% |
| + Depreciation and write-downs630 | €11,721 | €8,564 | €24,935 | €14,455 | €10,718 | €12,655 | €10,664 | €8,265 | ▼ 22.5% |
| Operating cash flow (approximation) | €14,683 | €14,951 | -€639 | €28,196 | €14,895 | €13,519 | €72,922 | €39,251 | ▼ 46.2% |
| Investment in fixed assets (approximation) | - | €53,042 | -€91,043 | €33,862 | -€3,386 | -€22,501 | €0 | -€3,986 | - |
| Change in cash | - | -€16,811 | -€19,271 | -€158 | -€348 | €546 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as EG CONSTRUCT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of EG CONSTRUCT itself is higher: 4.0% within 12 months. It rests on far more data about EG CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for EG 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-04-2026 | micro format | 28-10-2026 | 2026-00570643 | |
| 30-04-2025 | micro format | 26-09-2025 | 2025-00504928 | |
| 30-04-2024 | micro format | 22-11-2024 | 2024-00603101 | |
| 30-04-2023 | micro format | 28-09-2023 | 2023-00461660 | |
| 30-04-2022 | micro format | 30-09-2022 | 2022-20451792 | |
| 30-04-2021 | micro format | 04-10-2021 | 2021-71100413 | |
| 30-04-2020 | micro format | 03-11-2020 | 2020-67900389 | |
| 30-04-2019 | micro format | 30-10-2019 | 2019-72100073 | |
| 30-04-2018 | micro format | 04-10-2018 | 2018-68400480 | |
| 30-04-2017 | micro format | 28-09-2017 | 2017-63500532 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 29-11-2022 Converted to unavailable equity · €18,968
Mandate history
- Board
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| BANKNE JEREMY |
|
| BANKEN JEREMY |
|
| ETIENNE GHISLAIN |
|
| BANKEN Jérémy Martine Alain |
|
| ETIENNE Ghislain Jean |
|
Articles of association
Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 13-10-2026 (in Dutch)
Network & group
EG CONSTRUCT shares no director with another company.
Companies at the same address
265 other companies- M&M AUTO Registered office · since 03-11-2026 1044.850.742
- MASTER PLASTER Registered office · since 30-10-2026Founded in 2026 1044.703.163
- Soleil Mediterranée Registered office · since 27-10-2026Founded in 2026 1044.556.673
- MAESTRO Registered office · since 19-10-2026Founded in 2026 1044.239.741
- NURSYMED Registered office · since 14-10-2026Founded in 2026 1044.044.454
- ROYALE ADDI Registered office · since 14-10-2026Founded in 2026 1044.043.464
- FLEUR D'AZAHAR Registered office · since 06-10-2026Founded in 2026 1043.662.986
- Fortica Registered office · since 01-10-2026Founded in 2026 1043.365.454
- EDK Construction & Rénovation Registered office · since 29-09-2026Founded in 2026 1043.215.501
- GABAL INTERNATIONAL GROUP Registered office · since 23-09-2026Founded in 2026 1042.907.970
Connections & network
1 current directorThe network starts from the directors of EG CONSTRUCT. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
13-10
Gazette deed
Company renamed from GHISLAIN ETIENNE to EG CONSTRUCTRegistered office moved from Drogenbos to Herstal · New registered office: Parc Ind. des Hauts Sarts, 4e av 46 4040 Herstal · Previous registered office: CHAUSSEE DE RUISBROEK 257 1620 DROGENBOS3 points ▸
- General meeting, 28-09-2026
- Name change, EG CONSTRUCT
- Registered-office move, Parc Ind. des Hauts Sarts, 4e av 46 4040 Herstal
02-01
Gazette deed
Registered office moved from Vaux Sous Chevremont to HerstalNew registered office: 4EME AVENUE 46 4040 HERSTAL · Previous registered office: RUE DU CIMETIERE 13 4051 VAUX SOUS CHEVREMONT3 points ▸
- General meeting, 01-12-2025
- Registered-office move, 4EME AVENUE 46 4040 HERSTAL
- Director in office, Banken Jérémy
22-01
Gazette deed
Resignation: Ghislain Etienne (director)Appointment: Banken Jérémy (director) · Director discharge: Ghislain Etienne4 points ▸
- General meeting, 02-12-2024
- Director resignation, Ghislain Etienne
- Director discharge, Ghislain Etienne
- Director appointment, Banken Jérémy
19-09
Gazette deed
Resignation: Jérémy Banken (director)Director discharge: Jérémy Banken3 points ▸
- General meeting, 01-08-2024
- Director resignation, Jérémy Banken
- Director discharge, Jérémy Banken
29-11
Gazette deed
Registered office moved to Vaux-sous-ChèvremontNew registered office: Rue du cimetière 13, 4051 Vaux-sous-Chèvremont (Chaudfontaine) · Reappointment: ETIENNE Ghislain Jean (director) · Appointment: BANKEN Jérémy Martine Alain (director)5 points ▸
- Director reappointment, ETIENNE Ghislain Jean (director (not named in the articles))
- Director appointment, BANKEN Jérémy Martine Alain (director (not named in the articles))
- Registered-office move, Rue du cimetière 13, 4051 Vaux-sous-Chèvremont (Chaudfontaine)
- General meeting, 23-11-2022
- 100 shares
- The deed holds 6 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Steenweg op Ruisbroek 257, 1620 Drogenbos until the deed of 13-10-2026
- Rue Du Cimetiere 13, 4051 Vaux Sous Chevremont until 01-12-2025 · deed of 02-01-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
17 activities
- Loodgieterswerken
- De installatie van verwarmings-, klimaatregelings- en ventilatiesystemen
- De herstelling en het onderhoud van ketels, branders en stookoliekachels, ventilatiekanalen en rookafvoervoorzieningen
- De aankoop, verkoop, distributie en algemene handel in alle daarmee verband houdende producten of materialen
- Het vegen en tuberen van schoorstenen
- Alle activiteiten met betrekking tot de aankoop, verkoop en commercialisering, zowel in het groot als in het klein, alsook de invoer en uitvoer van alle toestellen, artikelen, materialen en toebehoren inzake sanitair, loodgieterij, verwarming en klimaatregeling, alsmede de installatie ervan
- De vervaardiging, installatie en verkoop van thermische zonnecollectoren, warmtepompen, statische verdampers/condensors, lagetemperatuurradiatoren, modulaire energiepanelen, verwarmde muren, vloeren en plafonds, multienergieboilers, ontvochtigingssystemen en klimaatregelingssystemen
- De exploitatie en het beheer van een landbouwonderneming, hetzij voor eigen rekening, hetzij als aannemer voor rekening van derden, onder al haar vormen en inzonderheid: de exploitatie van cultuur- en weilanden; het kweken en vetmesten van vee; de vervaardiging van voeders voor eigen rekening; de verkoop van de producten van de exploitatie
- Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de productie, commercialisering, aankoop en verkoop van groene planten in de ruime zin, met name uitplantplanten, sier- en bosboomkwekerijplanten en alle mogelijke gewassen, alsook de productie, commercialisering, aankoop en verkoop van land- en tuinbouwproducten en van alle producten die in ruime zin verband houden met tuin en landschapsinrichting
- Het ontwerpen, leveren en uitvoeren van aanlegwerken en het onderhoud van groene ruimten in de ruime zin, zowel voor de openbare als de private sector, alsmede studiebureauactiviteiten voor het ontwerp en de realisatie van groene ruimten
- De aankoop, verkoop en verhuur van land- en tuinbouwartikelen en -materieel in de ruime zin, met inbegrip van de ambulante handel in deze producten
- Alle dakbedekkings- en dakwerken aan gebouwen, met inbegrip van de bouw, renovatie, herstelling, het onderhoud, de isolatie, waterdichting en verbouwing van daken van welke aard ook, alsmede de plaatsing van alle dakbedekkingsmaterialen en bijbehorende accessoires
- De levering, installatie, plaatsing, het onderhoud, de herstelling en vervanging van fotovoltaïsche panelen en, meer algemeen, van alle uitrustingen en installaties die verband houden met de productie van hernieuwbare energie, met naleving van de toepasselijke wettelijke en reglementaire voorwaarden
- Alle binnen- en buitenschrijnwerken, inzonderheid de vervaardiging, levering, plaatsing, herstelling en het onderhoud van schrijnwerk in hout of enig ander materiaal
- De vervaardiging, assemblage, levering en plaatsing van dakgebinten, houtstructuren en andere schrijnwerken, inzonderheid bestemd voor de bouw, renovatie of verbouwing van onroerende goederen
- Alle metsel-, ruwbouw- en afwerkingswerken, inzonderheid de bouw van muren, scheidingswanden en andere metselwerken, alsmede het plaatsen van bakstenen, blokken, stenen en andere bouwmaterialen
- De algemene aanneming van bouw-, renovatie-, verbouwings-, inrichtings-, onderhouds- en herstellingswerken aan alle gebouwen en onroerende goederen, alsmede de coördinatie en uitvoering van alle werkzaamheden die tot de bouwsector behoren
Invoicing and payment
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 0551.832.208
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22001B0038/00K000 | Flanders | 7,925 m² | 1 · 4,905 m² | 12.9 m · 2 |
| 62104A0237/00G003 | Wallonia | 636 m² | 1 · 483 m² | 11.4 m · 2 |