EGU CONSTRUCT
ActiveSummary
EGU CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132k and a net result of €52k. Equity is growing by ~64.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+10
Solvency57▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 0.79 in 2024; short-term debt: 31% and cash: 32.2% of total assets), and 68.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.7%
Return on assets
12.5%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 filingsDeviation from the deadline
2025
39 d early
2024
134 d early
2023
28 d early
2022
55 d early
2021
94 d early
2020
68 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52k▲ 246%
2024 · €15k
Working capital
€24k
2024 · €-30k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33k▲ 270%€89k▲ 167%€61k▼ 31.3%€28k▼ 53.9%€78k▲ 179%
Net result€25k▲ 225%€68k▲ 170%€47k▼ 31.5%€15k▼ 67.8%€52k▲ 246%
Equity€38k▲ 203%€19k▼ 50.5%€65k▲ 251%€80k▲ 23.0%€132k▲ 64.8%
Total assets€92k▲ 62.7%€327k▲ 255%€402k▲ 22.8%€394k▼ 1.9%€416k▲ 5.6%
Debt€55k▲ 23.5%€309k▲ 464%€337k▲ 9.1%€314k▼ 6.7%€284k▼ 9.5%
Working capital€31k▲ 383%€-9k€-20k▼ 128%€-30k▼ 51.8%€24k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 179% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €416k
Fixed assets
€263k ▼ 6.4%
Current assets
€153k ▲ 35.6%
Equity and liabilities €416k
Equity
€132k ▲ 64.8%
Debt
€284k ▼ 9.5%
Debt's share of the balance-sheet total falls from 79.7% to 68.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2024 · €54k
Cash flow
€81k▲
2024 · €41k
Current ratio
1.18▲
2024 · 0.79
Debt to equity
2.16▼
2024 · 3.92
ROE
39.3%▲
2024 · 18.7%
ROA
12.5%▲
2024 · 3.8%
Interest coverage
25.91▲
2024 · 11.48
Debt ≤ 1 year
€129k▼
2024 · €143k
Debt > 1 year
€154k▼
2024 · €171k
Income taxes
€22k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €13k | €17k | €26k | €29k | ▲ 13.5% |
| Other operating charges640/8 | - | €2k | €3k | €5k | €3k | ▼ 40.7% |
| Gross operating margin9900 | €43k | €104k | €81k | €59k | €110k | ▲ 88.0% |
| Operating profit (loss)9901 | €33k | €89k | €61k | €28k | €78k | ▲ 179% |
| Financial income75/76B | - | €115 | €9k | €0 | €30 | ▲ 7,465% |
| Recurring financial income75 | €4 | €115 | €0 | €0 | €30 | ▲ 7,465% |
| Non-recurring financial income76B | - | - | €9k | €0 | - | - |
| Financial charges65/66B | - | €966 | €4k | €5k | €4k | ▼ 11.7% |
| Recurring financial charges65 | €354 | €966 | €4k | €5k | €4k | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €33k | €88k | €66k | €23k | €74k | ▲ 217% |
| Income taxes67/77 | €8k | €20k | €20k | €8k | €22k | ▲ 165% |
| Profit (loss) for the period9904 | €25k | €68k | €47k | €15k | €52k | ▲ 246% |
| Profit (loss) for the period to be appropriated9905 | €25k | €68k | €47k | €15k | €52k | ▲ 246% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92k | €327k | €402k | €394k | €416k | ▲ 5.6% |
| Fixed assets21/28 | €9k | €170k | €274k | €281k | €263k | ▼ 6.4% |
| Tangible fixed assets22/27 | €9k | €170k | €274k | €281k | €263k | ▼ 6.4% |
| Furniture and vehicles24 | - | €412 | €28k | €17k | €6k | ▼ 62.6% |
| Other tangible fixed assets26 | - | €170k | €246k | €265k | €257k | ▼ 2.9% |
| Current assets29/58 | €83k | €157k | €127k | €113k | €153k | ▲ 35.6% |
| Amounts receivable within one year40/41 | €21k | €62k | €60k | €54k | €18k | ▼ 67.2% |
| Trade receivables40 | - | €62k | €59k | €42k | €18k | ▼ 58.2% |
| Other amounts receivable41 | - | - | €473 | €12k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €62k | €94k | €66k | €57k | €134k | ▲ 134% |
| Deferred charges and accrued income490/1 | - | €756 | €1k | €2k | €1k | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92k | €327k | €402k | €394k | €416k | ▲ 5.6% |
| Equity10/15 | €38k | €19k | €65k | €80k | €132k | ▲ 64.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | €47k | €61k | €113k | ▲ 84.3% |
| Distributable reserves133 | - | - | €47k | €61k | €113k | ▲ 84.3% |
| Profit (loss) carried forward14 | €19k | €0 | €0 | - | - | - |
| Amounts payable17/49 | €55k | €309k | €337k | €314k | €284k | ▼ 9.5% |
| Amounts payable after more than one year17 | €2k | €143k | €187k | €171k | €154k | ▼ 9.6% |
| Financial debts170/4 | - | €143k | €187k | €171k | €154k | ▼ 9.6% |
| Amounts payable within one year42/48 | €53k | €166k | €147k | €143k | €129k | ▼ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €2k | €16k | €16k | €16k | ▲ 3.0% |
| Financial debts43 | - | €5k | €10k | €10k | €0 | ▼ 100% |
| Credit institutions430/8 | - | €5k | €10k | €10k | €0 | ▼ 100% |
| Trade debts44 | €15k | €30k | €22k | €18k | €7k | ▼ 59.4% |
| Suppliers440/4 | - | €30k | €22k | €18k | €7k | ▼ 59.4% |
| Taxes, remuneration and social security45 | - | €31k | €14k | €14k | €13k | ▼ 6.2% |
| Taxes450/3 | - | €28k | €11k | €11k | €13k | ▲ 21.0% |
| Remuneration and social security454/9 | - | €3k | €3k | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €98k | €85k | €86k | €93k | ▲ 7.8% |
| Accrued charges and deferred income492/3 | - | €350 | €3k | €0 | €640 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €68k | €47k | €15k | €52k | ▲ 246% |
| + Depreciation and write-downs630 | €9k | €13k | €17k | €26k | €29k | ▲ 13.5% |
| Operating cash flow (approximation) | €34k | €81k | €63k | €41k | €81k | ▲ 98.7% |
| Investment in fixed assets (approximation) | - | €-175k | €-121k | €-33k | €-11k | ▲ 65.5% |
| Change in cash | - | €32k | €-28k | €-9k | €77k | ▲ 981% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €100kEq €132k ▲64.8%
6 profitable years in a row build equity to €132k.
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €68k ▲170%
Operating result €89k, net result €68k, both a record.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Welkenraedt
Ground area
2,327 m²
Building footprint
165 m²
Parcel 63032C0141/00G000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032C0141/00G000 | Wallonia | 2,327 m² | 1 · 165 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 5,342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-07-2018
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.