The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 1.2%01-2025: 1.2%● unchanged vs 12-202402-2025: 1.2%● unchanged vs 01-202503-2025: 1.2%● unchanged vs 02-2025lowest value04-2025: 1.2%● unchanged vs 03-202505-2025: 1.2%● unchanged vs 04-202506-2025: 1.2%● unchanged vs 05-202507-2025: 1.2%● unchanged vs 06-202508-2025: 1.6%▲ +0.4 percentage points vs 07-202509-2025: 2.0%▲ +0.4 percentage points vs 08-202510-2025: 3.1%▲ +1.1 percentage points vs 09-202511-2025: 3.3%▲ +0.2 percentage points vs 10-202512-2025: 3.6%▲ +0.3 percentage points vs 11-202501-2026: 5.1%▲ +1.5 percentage points vs 12-202502-2026: 5.1%● unchanged vs 01-202603-2026: 5.4%▲ +0.3 percentage points vs 02-202604-2026: 4.9%▼ -0.5 percentage points vs 03-202605-2026: 4.9%● unchanged vs 04-202606-2026: 4.8%▼ -0.1 percentage points vs 05-202607-2026: 4.8%● unchanged vs 06-202608-2026: 6.1%▲ +1.3 percentage points vs 07-202609-2026: 6.1%● unchanged vs 08-202610-2026: 6.7%▲ +0.6 percentage points vs 09-2026highest value11-2026: 6.7%● unchanged vs 10-2026highest value
Financial strength, FY 2023
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Weak
25+9equity 0.0% of total assets
4+3short-term debt 100.0% · cash 3.3%
64+62return on assets 12.1%
Credit check for an amount and term of your choice
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline10-11-2026 today
raises risk · 2023 accounts filed 61 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
The company filed its last 3 accounts on average 58 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Registered office moved from Vilvoorde to Brussels
New registered office: Albert de Latourstraat 84 op 1030 Brussel · Previous registered office: Mechelsesteenweg 520A/0.01 op 1800 Vilvoorde · General meeting of 30-09-2020 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: ALVES BARBOSA Everson · Appointment: ALVES BARBOSA Everson (director) · published on 04-12-2019 · Gazette deed
First establishment
Albert de Latourstraat 84, Schaerbeek
“Het verbouwen of renoveren van bestaande residentiële gebouwen en van bestaande kantoorgebouwen” (deed in Dutch)From the articles, 22 activitiesNo NACE code in the KBO yet
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
2024 annual accounts not yet filed, deadline passed on 31 July 2025The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 10 November 2026.
€24,221
▲ €44,874
€23,894
▲ €46,814
€17,385
▲ €43,699
-€465
▲ €17,392
0.0%
▲ 8.7 percentage points
1.00
▲ 0.08
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 ≈ €180,000. Estimated: probably between €85,000 and €440,000.
Balance sheet
balance sheet total €143,701 on 31-12-2023
What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2023
2022
2021
23,900
-20,753
17,282
17,392
-24,148
15,216
0
-110
510
3,963
-1,231
-
-465
-17,857
6,181
0.0%
-8.7%
13.5%
1.00
0.92
1.11
-
-
6.43
-
-
147.2%
12.1%
-13.2%
19.8%
3.64
-6.11
57.27
The equity ratios are withheld because equity of -€65 is too small for a meaningful ratio.
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.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2023
2022
2021
Financial fixed assets
-
-
€510
€7
€2,166
€2,166
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on EGSR CONSTRUCT
The operating result for 2023 is a profit of €23,894, after a loss of €22,920 in 2022. It is the highest result since 2021.
Equity is negative. Debt (€143,766) exceeds the balance-sheet total (€143,701).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
EGSR CONSTRUCT has no parent and no holdings in its annual accounts. ALVES BARBOSA Everson is the only director. EGSR CONSTRUCT shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of EGSR CONSTRUCT today. That says who is based there, not who owns the building.
Annual accounts 2023 filedPDFmicro format · 61 days late
2023
Back to profitnet €17,385 The net result is €17,385, after one loss-making year.
Annual accounts 2022 filedPDFmicro format · 71 days late
2022
Weakest financial yearnet -€26,314 The net result drops to -€26,314, the lowest from 2021 to 2023. It recovers the following year.
Annual accounts 2021 filedPDFmicro format · 43 days late
2020
Registered office moved from Vilvoorde to BrusselsNew registered office: Albert de Latourstraat 84 op 1030 Brussel · Previous registered office: Mechelsesteenweg 520A/0.01 op 1800 Vilvoorde · General meeting of 30-09-20202 points ▸
General meeting, 30-09-2020
Registered-office move, Albert de Latourstraat 84 op 1030 Brussel
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
EGSR CONSTRUCT was incorporated on 30 November 2019 as a private limited company by one natural person, with a starting capital of €2,000.12The registered office was moved to Brussels in 2020.3Since 2019, ALVES BARBOSA Everson has served as director.4Total assets rose from €65,859 in 2021 to €143,701 in 2023.5
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verbouwen of renoveren van bestaande residentiële gebouwen en van bestaande kantoorgebouwen; De algemene bouw van alle soorten…”
22 activities
Het verbouwen of renoveren van bestaande residentiële gebouwen en van bestaande kantoorgebouwen
De algemene bouw van alle soorten residentiële gebouwen,inclusief volgens de formule “sleutel op de deur” van eengezinswoningen,appartementen en wolkenkrabbers
De algemene bouw van kantoorgebouwen
De algemene bouw van andere soorten niet-residentiële gebouwen
Het slopen van gebouwen en andere bouwwerken
Het ruimen van bouwterreinen
Het grondverzet
Loodgieterswerk
Installatie van verwarming,klimaatregeling en ventilatie
Installatie in gebouwen van verwarmingssystemen op elektriciteit,gas of stookolie,met inbegrip van de installatie van leidingen
Installatie van verwarmingsketels
Installatie van elektrische verwarmingsinstallaties
Isolatiewerkzaamheden
Stukadoorswerk,schrijnwerk,vloerafwerking en behangen (plaatsen van vloer- en wandtegels,plaatsen van vloerbedekking en wandbekleding van hout,plaatsen van behang en vloerbedekking en wandbekleding van andere materialen),schilderen en glaszetten
De dakwerkzaamheden
De waterdichtingswerken van muren
Gevelreiniging
Uitvoeren van metsel- en voegwerken
Restaureren en bouwwerken
Chapewerken
De invoer,de uitvoer,de aankoop en de verkoop van hout,bouwmaterialen en sanitaire
De invoer,de uitvoer,de aankoop en de verkoop van ijzerwaren en van installiemateriaal voor loodgieterswerk en verwarming
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