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Egmont Construct

Active
Private limited companyfounded 2024active for 2 yearsOnafhankelijkheidslaan 17-18, 9000 Gent, Belgium26 active companies are registered at this addressKBO/BCE: BE 1015.523.286
Summary

Egmont Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,028 and a net result of -€4,972. Its solvency ranks better than 23% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, abbreviated format

Equity
€45,028
Total assets
€937,583
Net result
-€4,972
Working capital
€858,662

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €937,583
Equity €45,028
Debt €892,556
Debt finances 95.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€4,462
Cash flow
-€4,512
Current ratio
12.11
Quick ratio
0.20
Debt to equity
19.82
ROE
-11.0%
ROA
-0.5%
Interest coverage
-9.59
Debt ≤ 1 year
€77,311
Debt > 1 year
€815,245

Peer companies

Historical observation

Of the 865 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
1.5% went bankrupt
1.7% stopped otherwise
96.6% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 865 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€937,583
Formation expenses20€1,611
Current assets29/58€935,973
Stocks and contracts in progress3€920,631
Stocks30/36€920,631
Amounts receivable within one year40/41€12,054
Other amounts receivable41€12,054
Cash at bank and in hand54/58€3,287
Equity and liabilities
Total equity and liabilities10/49€937,583
Equity10/15€45,028
Contributions10/11€50,000
Profit (loss) carried forward14-€4,972
Amounts payable17/49€892,556
Amounts payable after more than one year17€815,245
Financial debts170/4€815,245
Amounts payable within one year42/48€77,311
Trade debts44€77,311
Suppliers440/4€77,311
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€460
Other operating charges640/8€787
Gross operating margin9900-€3,675
Operating profit (loss)9901-€4,922
Financial income75/76B€415
Recurring financial income75€415
Financial charges65/66B€465
Recurring financial charges65€465
Profit (loss) for the period before taxes9903-€4,972
Profit (loss) for the period9904-€4,972
Profit (loss) for the period to be appropriated9905-€4,972
Appropriation of the result
Profit (loss) to be appropriated9906-€4,972
Social balance sheet
Average headcount (FTE)90870.0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€460
Other operating charges640/8€787
Gross operating margin9900-€3,675
Operating profit (loss)9901-€4,922
Financial income75/76B€415
Recurring financial income75€415
Financial charges65/66B€465
Recurring financial charges65€465
Profit (loss) for the period before taxes9903-€4,972
Profit (loss) for the period9904-€4,972
Profit (loss) for the period to be appropriated9905-€4,972
Line2025
Assets
Total assets20/58€937,583
Formation expenses20€1,611
Current assets29/58€935,973
Stocks and contracts in progress3€920,631
Stocks30/36€920,631
Amounts receivable within one year40/41€12,054
Other amounts receivable41€12,054
Cash at bank and in hand54/58€3,287
Equity and liabilities
Total equity and liabilities10/49€937,583
Equity10/15€45,028
Contributions10/11€50,000
Profit (loss) carried forward14-€4,972
Amounts payable17/49€892,556
Amounts payable after more than one year17€815,245
Financial debts170/4€815,245
Amounts payable within one year42/48€77,311
Trade debts44€77,311
Suppliers440/4€77,311
Line2025
Profit (loss) for the period9904-€4,972
+ Depreciation and write-downs630€460
Operating cash flow (approximation)-€4,512

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 09-06-2026 2026-00157310

Similar companies · same sector, comparable size

Of the 9,525 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,543. 5,050 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.