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EGU CONSTRUCT

Active Private limited companyfounded 2018active for 8 yearsRue des Noisetiers 58, 4841 WelkenraedtKBO/BCE: BE 0699.938.736

Lifetime

7 annual accounts with figures on one time axis
peak €110,494 (2025)
€110,494▲ 88.0%
lowest -€13,903 (2019)
€51,862▲ 246%
peak €131,910 (2025)
€131,910▲ 64.8%
€284,370▼ 9.5%
Board1 name since 2018
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from €58,770 to €110,494Result from €14,987 to €51,862Equity from €80,048 to €131,910Cash from €57,330 to €134,210

Key points

from the 2025 annual accounts

Equity

€131,910 ▲ 64.8%
€80,0002024€132,0002025

Equity rose in 2025 from €80,048 to €131,910.

Turnover

≈ €200,000 estimated

The accounts state no turnover.

Filings

7 annual accounts since 2019
deadline202020222024

The last five annual accounts were filed 28 to 134 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 76% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
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 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.1%▼ -0.3 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

57+12equity 31.7% of total assets
77+25short-term debt 31.0% · cash 32.2%
84+10return on assets 12.5%

Score breakdown

raises risk
No registered site in the KBO
lowers risk
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.18, cash €134,210
Size: total assets €416,280
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 68, micro). It does better than 50% of them on solvency, 84% on liquidity, 81% on profitability and 88% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as EGU CONSTRUCT has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EGU CONSTRUCT itself is lower: 0.1% within 12 months. It rests on far more data about EGU CONSTRUCT than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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%

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 EGU 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.

Credit verdict

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.18 (0.79 in 2024), below the usual 1.5. Short-term debt is 31% and cash 32.2% of total assets. 68.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 1.18, cash €134,210
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Size: total assets €416,280
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
39 days early
2024
134 days early
2023
28 days early
2022
55 days early
2021
94 days early
2020
68 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 December (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • GUARINONI Eric Antonello all the sharesdeed of 20-02-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0699938736
Company renamed to EGU CONSTRUCT New name: EGU CONSTRUCT · Change of role: GUARINONI Eric Antonello, from manager to director · GUARINONI Eric Antonello holds all the shares · Gazette deed
Incorporation Founder: GUARINONI Eric Antonello · Founding capital of €18,550, 200 shares · Appointment: GUARINONI Eric Antonello (manager) · published on 18-07-2018 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
EGU CONSTRUCT Welkenraedt €416,280 €110,494 31.7% -
GENOBO Hechtel-Eksel €412,113 €94,337 15.0% -
SV2 Maldegem €431,931 €99,619 28.7% -
M.G.I. Bièvre €397,190 €105,648 66.9% -
RG Lede €473,274 €116,430 80.9% -
4 REBUS Oudsbergen €419,141 €97,615 34.7% -
C RENOVATIONS Knokke-Heist €420,465 €135,560 30.5% -

These companies have the same main activity as EGU CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €397,000 and €473,000, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 16-07-2018Normal situation
Activity
Development of residential building projectsNACE 68121and 1 other
Financial year end
30 June
Peppol
Reachable since 23-12-2025
Company details

Annual accounts to 30-06-2025

€416,280▲ 5.6%
Filing
Filed on 23-12-2025, 39 days before the end of the filing period
Financials

Insights on EGU CONSTRUCT

EGU CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€1,219 in 2019 to €110,494 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about EGU CONSTRUCT

What is the company number of EGU CONSTRUCT?
The company number of EGU CONSTRUCT is 0699.938.736. The VAT number is the same number with BE in front: BE 0699.938.736.
Where is EGU CONSTRUCT based?
The registered office is at Rue des Noisetiers 58, 4841 Welkenraedt.Company details
What does EGU CONSTRUCT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of EGU CONSTRUCT?
EGU CONSTRUCT is a private limited company (BV).
When was EGU CONSTRUCT founded?
EGU CONSTRUCT was founded on 16-07-2018.
Is EGU CONSTRUCT still active?
Yes, EGU CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of EGU CONSTRUCT?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €110,494 and 49 comparable companies (NACE 681). It probably lies between €150,000 and €370,000.Financials
Is EGU CONSTRUCT profitable?
In financial year 2025, EGU CONSTRUCT made a profit of €51,862.
Where can I find the annual accounts of EGU CONSTRUCT?
EGU CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EGU CONSTRUCT due?
EGU CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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