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EGU CONSTRUCT

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

Overview

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

€110,494▲ 88.0%
€51,862▲ 246%
€131,910▲ 64.8%
€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.

Financials

Annual accounts 2025

micro format, filed on 23-12-2025, 39 days before the deadline
€110,494
▲ 88.0%
€78,250
▲ 179%
€51,862
▲ 246%
€23,750
▲ €54,150
31.7%
▲ 11.4 percentage points
1.18
▲ 0.40

The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €150,000 and €370,000.

Balance sheet

balance sheet total €416,280 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

31.7%

Higher than 52% of 17,194 companies in 2025.

1.18

Higher than 51% of 16,491 companies in 2025.

12.5%

Higher than 78% of 16,870 companies in 2025.

EGU CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 416,280394,235401,693327,21392,26856,71650,562
21/28 263,289281,393274,497170,1928,80016,82924,971
22/27 263,289281,393274,497170,1928,80016,82924,971
24 6,26216,74728,2114128,80016,82924,971
26 257,027264,646246,286169,781---
29/58 152,991112,843127,196157,02183,46939,88625,591
40/41 17,72053,97359,68162,17920,86516,60622,054
40 17,72042,37359,20862,17920,86512,19814,554
41 011,600473--4,4087,500
54/58 134,21057,33066,05994,08662,26923,0073,209
490/1 1,0611,5401,456756335273328
Balance sheet: equity and liabilities
10/49 416,280394,235401,693327,21392,26856,71650,562
10/15 131,91080,04865,06218,55037,51012,3824,647
10/11 18,55018,55018,55018,55018,55018,55018,550
100 -----18,55018,550
13 113,36061,49846,512----
133 113,36061,49846,512----
14 --0018,960-6,168-13,903
17/49 284,370314,187336,631308,66354,75844,33445,915
17 154,488170,944186,914142,5002,12010,82619,415
170/4 154,488170,944186,914142,5002,12010,82619,415
42/48 129,241143,243147,217165,81352,63833,50826,499
42 16,45615,97015,5012,1208,7068,5898,474
43 09,7609,7964,9403,3981,6912,527
430/8 09,7609,7964,9403,3981,6912,527
44 7,23317,80922,49730,03414,8317,9896,184
440/4 7,23317,80922,49730,03414,8317,9896,184
45 12,72313,56514,19030,9908,2774,3508,959
450/3 12,72310,51511,14028,3128,2774,3508,959
454/9 03,0503,0502,678---
47/48 92,83086,13985,23497,72817,42610,889355
492/3 64002,500350---
Income statement
9900 110,49458,77080,760103,75142,68918,362-1,219
630 29,41825,91316,73313,2059,0218,7719,275
640/8 2,8254,7673,0561,7914796112,933
9901 78,25028,09160,97088,75533,1898,979-13,427
75/76B 3009,0501154-68
75 30001154-68
76B -09,050----
65/66B 4,1564,7043,973966354464544
65 4,1564,7043,973966354464544
9903 74,12423,38766,04787,90532,8388,515-13,903
67/77 22,2628,40019,53520,0497,710781-
9904 51,86214,98746,51267,85625,1297,734-13,903
9905 51,86214,98746,51267,85625,1297,734-13,903
Appropriation of the result
9906 51,86214,98746,51286,81618,960-6,168-13,903
14P --018,960---
691/2 51,86214,98746,512----
6921 51,86214,98746,512----
694/7 --086,816---
694 --086,816---
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 23-12-2025 2026-00593272 PDF
30-06-2024 micro format 19-09-2024 2024-00466570 PDF
30-06-2023 micro format 03-01-2024 2024-00541657 PDF
30-06-2022 micro format 07-12-2022 2022-20534070 PDF
30-06-2021 micro format 29-10-2021 2021-74800339 PDF
30-06-2020 full format 24-11-2020 2020-71700179 PDF
30-06-2019 full format 05-12-2019 2019-75400079 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
107,66854,00477,703101,96042,21017,751-4,152
81,28140,89963,24581,06034,14916,506-4,628
11,31433,726121,038188,84799163034,246
76,880-8,729-28,02631,81739,26219,799-
23,750-30,400-20,021-8,79230,8306,378-908
31.7%20.3%16.2%5.7%40.7%21.8%9.2%
1.180.790.860.951.591.190.97
2.163.925.1716.641.463.589.88
39.3%18.7%71.5%365.8%67.0%62.5%-299.2%
12.5%3.8%11.6%20.7%27.2%13.6%-27.5%
25.9111.4819.56over 100---

EBIT margin: not included in this filing.

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.

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Mortgages, amount registered-€87,500€87,500-
-€87,500€87,500-
Carrying value of the mortgaged assets-€264,646€246,286-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€11,314€33,726€121,038€174,597
Financial fixed assets---€14,250
€29,418€25,913€16,733€13,205

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on EGU CONSTRUCT

The operating result for 2025 is 179% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 79.7% to 68.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, no change since 2023
Director (not named in the articles)
appointed by deed of 20-02-2023 term without a fixed end
earlier manager, from 18-07-2018 to 20-02-2023
listed in the 2025 annual accounts, filed on 23-12-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 20-02-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GUARINONI Eric Antonello
Director (not named in the articles)
BoardEarlier
Mandates as a list
  • GUARINONI Eric Antonello
    • Manager, from 13-07-2018 to 20-02-2023
    • Director (not named in the articles), appointed by deed of 20-02-2023, still in office

See the board, name and registered office on a given date →

Control

This company
EGU CONSTRUCT
Equity €131,910
Profit €51,862 in 2025

Capital

Contribution
€18,550
Source
2025 annual accounts

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-02-2023 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
deed of 20-02-2023 (in French)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“cette rémunération a été mise à sa charge par décision judiciaire. CHAPITRE QUATRE ASSEMBLEES GENERALES ======================= ARTICLE…”
deed of 18-07-2018 (in French)

Shareholders

Stated in the deed deed of 20-02-2023 ↗

Network & group

No group

EGU CONSTRUCT has no parent and no holdings in its annual accounts. GUARINONI Eric Antonello is the only director. EGU CONSTRUCT shares no director with another company.

Timeline

Timeline

13 events since 2018

Deadline for the 2026 accounts: 31-01-2027

2025
Annual accounts 2025 filed PDFmicro format · 39 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0699938736
Equity above €100,000 equity €131,910 ▲64.8% After 6 profitable years in a row, equity reaches €131,910.
2024
Annual accounts 2024 filed PDFmicro format · 134 days before the deadline
Annual accounts 2023 filed PDFmicro format · 28 days before the deadline
2023
Company renamed to EGU CONSTRUCTNew name: EGU CONSTRUCT · Change of role: GUARINONI Eric Antonello, from manager to director · GUARINONI Eric Antonello holds all the shares7 points ▸

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2022 filed PDFmicro format · 55 days before the deadline
Highest result from 2019 to 2025 net €67,856 ▲170% The operating result of €88,755 and the net result of €67,856 are both a record.
2021
Annual accounts 2021 filed PDFmicro format · 94 days before the deadline
2020
Annual accounts 2020 filed PDFfull format · 68 days before the deadline
Back to profit net €7,734 The net result is €7,734, after one loss-making year.
2019
Annual accounts 2019 filed PDFfull format · 57 days before the deadline
2018
IncorporationFounder: GUARINONI Eric Antonello · Founding capital of €18,550, 200 shares · Appointment: GUARINONI Eric Antonello (manager) · published on 18-07-20185 points ▸

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 July 2018, EGU CONSTRUCT was incorporated.1 The name was changed to EGU CONSTRUCT in 2023.2 GUARINONI Eric Antonello is director of the company, appointed by deed of 20-02-2023.2 Total assets went from €50,562 in 2019 to €416,280 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-02-2023
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0699.938.736
VAT number
BE 0699.938.736
Peppol ID
0208:0699938736
Legal form
Private limited company
Status
Active, normal situation
Founded
16-07-2018
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“cette rémunération a été mise à sa charge par décision judiciaire. CHAPITRE QUATRE ASSEMBLEES GENERALES ======================= ARTICLE…”
deed of 18-07-2018 (in French)
Peppol
Reachable since 23-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
EGU CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-02-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“La prestation de services de consultance et d’assistance sous quelque forme que ce soit,et plus spécifiquement la gestion de devis et…”
13 activities
  1. La prestation de services de consultance et d’assistance sous quelque forme que ce soit,et plus spécifiquement la gestion de devis et projets en matières immobilières (travaux,aménagements,terrassement etc),et de prestations en tant que deviseur
  2. La détention et la gestion de participations dans d’autres sociétés,de droit belge ou étranger,quelle que soit leur forme juridique,ainsi que la prestation de services de consultance ou d’encadrement en rapport avec la détention ou la gestion de ces participations
  3. L’intermédiation économique ou commerciale internationale
  4. L’achat,la vente,l’importation,l’exportation de marchandises diverses
  5. En général tous problèmes concernant le management et la gestion des entreprises
  6. La société peut accepter tout mandat de gestion et d’administration,dans toute société et association quelconque et se porter caution pour toute personne liée ou non liée en vue de faciliter la réalisation de l’objet social
  7. L’entreprise générale de travaux publics ou privés,toutes opérations de constructions,reconstructions,démolitions,transformations de tous immeubles
  8. Tous travaux agricoles en compte propre ou pour compte de tiers,ainsi que les autres activités de la construction (Gros-œuvre,Plafonnage,cimentage et pose de chapes,Carrelage,marbre et pierre naturelle,Toiture et étanchéité,Placement/réparation de la menuiserie et de la vitrerie,Menuiserie générale,Finition,Installation de chauffage central,de climatisation,de gaz et de sanitaire,Activités électrotechniques,… )
  9. La gestion de son patrimoine immobilier
  10. Elle pourra notamment réaliser toutes opérations immobilières et foncières et entre autres l'achat,la vente,l'échange,la construction,la reconstruction,la location et la gérance de tous immeubles bâtis,ainsi que l'achat,la vente,l'échange,la mise en valeur,le lotissement,l'exploitation,la location et l'affermage de tous immeubles non bâtis,et en outre l'acquisition,la gestion et la vente de toutes valeurs mobilières et fonds publics
  11. La société pourra réaliser ses activités en Belgique et à l'étranger,soit directement,soit par l'entremise de tiers
  12. L’achat,la détention,la vente,la cession,l’échange,la gestion de toute valeur mobilière,action,obligation,part sociale,la prise de participation sous quelque forme que ce soit dans des sociétés industrielles,commerciales,financières,agricoles,ainsi que la réalisation de toutes opérations financières à l’exception de celles réservées par la loi aux banques et caisses d’épargne et de celles dites de gestion de fortune et de conseil en placements
  13. Elle pourra contribuer à la constitution et au développement de sociétés par voie d’apports ou d’investissements généralement quelconques,en acceptant des mandats d’administrateur et en gérant ses participations. La gestion des participations comprend notamment toutes les activités de conseil et d’assistance en matière de stratégie et de gestion d’entreprise
deed of 20-02-2023 (in French)

Registered office and establishments

Buildings and parcels at the address

Ground area
2,327 m²
Buildings
165 m²
Volume, LiDAR
1,048 m³
Tallest building
8.5 m
Buildings to scale, each on its own parcel
165 m², 8.5 m 165 m², 8.5 m

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
63032C0141/00G0002,327 m² 1 · 165 m² 8.5 m · 2

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 0699.938.736