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EKE CONSTRUCT

Active
Private limited company (pre-2019)founded 2017active for 9 yearsLe Lorrainstraat 110, 1080 Sint-Jans-Molenbeek, Belgium36 active companies are registered at this addressKBO/BCE: BE 0680.559.126
Summary

The computed 12-month bankruptcy probability of EKE CONSTRUCT is 8.8% (elevated). The 2024 annual accounts show equity of €42,377 and a net result of €2,892. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 36% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 19 October 2026.

Equity
€42,377▲ 7.3%
2023 · €39,485
Total assets
€123,935▲ 21.5%
2023 · €101,985
Net result
€2,892▼ 69.1%
2023 · €9,371
Working capital
€40,548▼ 11.2%
2023 · €45,640
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has fallen two years in a row; 2024 is 48% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,410 2024 Net result€2,892 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€14,993-€25,736▲ 71.7%-€13,956€7,987€49,405▲ 519%€12,276▼ 75.2%€6,410▼ 47.8%
Net result€10,444-€19,278▲ 84.6%-€15,016below the sector's middle half€4,251within the sector's middle half€48,279above the sector's middle half▲ 1,036%€9,371within the sector's middle half▼ 80.6%€2,892within the sector's middle half▼ 69.1%
Equity€20,444-€39,722▲ 94.3%€24,706within the sector's middle half▼ 37.8%€57,081within the sector's middle half▲ 131%€105,360within the sector's middle half▲ 84.6%€39,485within the sector's middle half▼ 62.5%€42,377within the sector's middle half▲ 7.3%
Total assets€84,355-€112,981▲ 33.9%€93,042within the sector's middle half▼ 17.6%€133,821within the sector's middle half▲ 43.8%€135,729within the sector's middle half▲ 1.4%€101,985within the sector's middle half▼ 24.9%€123,935within the sector's middle half▲ 21.5%
Debt€63,911-€73,259▲ 14.6%€68,336▼ 6.7%€76,740▲ 12.3%€30,369▼ 60.4%€62,500▲ 106%€81,558▲ 30.5%
Working capital€34,692-€41,822▲ 20.6%€25,650within the sector's middle half▼ 38.7%€61,988within the sector's middle half▲ 142%€111,139above the sector's middle half▲ 79.3%€45,640within the sector's middle half▼ 58.9%€40,548within the sector's middle half▼ 11.2%
Solvency24.2%-35.2%▲ 10.9pp26.6%within the sector's middle half▼ 8.6pp42.7%within the sector's middle half▲ 16.1pp77.6%above the sector's middle half▲ 35.0pp38.7%within the sector's middle half▼ 38.9pp34.2%within the sector's middle half▼ 4.5pp
Current ratio2.06-1.72▼ 0.341.43within the sector's middle half▼ 0.291.91within the sector's middle half▲ 0.485.66above the sector's middle half▲ 3.751.82within the sector's middle half▼ 3.841.50within the sector's middle half▼ 0.32
Return on assets (ROA)12.4%-17.1%▲ 4.7pp-16.1%below the sector's middle half▼ 33.2pp3.2%within the sector's middle half▲ 19.3pp35.6%above the sector's middle half▲ 32.4pp9.2%within the sector's middle half▼ 26.4pp2.3%within the sector's middle half▼ 6.9pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €123,935
Fixed assets €2,216 ▲ 522%
Current assets €121,719 ▲ 19.8%
Equity and liabilities €123,935
Equity €42,377 ▲ 7.3%
Debt €81,558 ▲ 30.5%
Debt's share of the balance-sheet total rises from 61.3% to 65.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,813▼
2023 · €12,652
Cash flow
€3,295▼
2023 · €9,747
Debt to equity
1.92▲
2023 · 1.58
ROE
6.8%▼
2023 · 23.7%
Interest coverage
2.71▼
2023 · 12.35
Debt ≤ 1 year
€81,171▲
2023 · €55,989
Debt > 1 year
€0▼
2023 · €6,511
Income taxes
€1,013▼
2023 · €1,881
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
93.9% still going

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

For this company itself Checked computes a higher bankruptcy probability: 8.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% 1.0%
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 5,048 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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€101,985€123,935▲
Fixed assets21/28€356€2,216▲
Tangible fixed assets22/27€356€2,191▲
Furniture and vehicles24€356€2,191▲
Financial fixed assets28-€25
Current assets29/58€101,629€121,719▲
Amounts receivable within one year40/41€98,363€115,458▲
Trade receivables40€67,769€78,297▲
Other amounts receivable41€30,594€37,161▲
Cash at bank and in hand54/58€1,774€6,261▲
Deferred charges and accrued income490/1€1,492-
Equity and liabilities
Total equity and liabilities10/49€101,985€123,935▲
Equity10/15€39,485€42,377▲
Contributions10/11€10,000€10,000=
Reserves13€40,523€40,523=
Non-distributable reserves130/1€1,523€1,523=
Reserves not available under the articles1311€1,523€1,523=
Distributable reserves133€39,000€39,000=
Profit (loss) carried forward14-€11,038-€8,146▲
Amounts payable17/49€62,500€81,558▲
Amounts payable after more than one year17€6,511€0▼
Financial debts170/4€6,511€0▼
Amounts payable within one year42/48€55,989€81,171▲
Current portion of amounts payable after more than one year42€2,246€8,757▲
Trade debts44€30,173€53,095▲
Suppliers440/4€30,173€53,095▲
Advances received on contracts in progress46€5,600€4,494▼
Taxes, remuneration and social security45€17,970€14,825▼
Taxes450/3€17,970€14,825▼
Accrued charges and deferred income492/3-€387
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€376€403▲
Other operating charges640/8€495€1,081▲
Non-recurring operating charges66A€25,763€19,163▼
Gross operating margin9900€38,910€27,057▼
Operating profit (loss)9901€12,276€6,410▼
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B€1,024€2,512▲
Recurring financial charges65€1,024€2,512▲
Profit (loss) for the period before taxes9903€11,251€3,906▼
Income taxes67/77€1,881€1,013▼
Profit (loss) for the period9904€9,371€2,892▼
Profit (loss) for the period to be appropriated9905€9,371€2,892▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,038-€8,146▲
Profit (loss) brought forward from the previous period14P-€20,409-€11,038▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,923€5,103€5,103€5,103€3,002€376€403▲ 7.1%
Other operating charges640/8---€1,464€298€495€1,081▲ 118%
Non-recurring operating charges66A----€2,824€25,763€19,163▼ 25.6%
Gross operating margin9900€21,938€35,393-€6,828€14,554€55,530€38,910€27,057▼ 30.5%
Operating profit (loss)9901€14,993€25,736-€13,956€7,987€49,405€12,276€6,410▼ 47.8%
Financial income75/76B---€9€4-€7-
Recurring financial income75€0-€85€9€4-€7-
Financial charges65/66B---€2,681€1,130€1,024€2,512▲ 145%
Recurring financial charges65€2,253€1,261€1,145€2,681€1,130€1,024€2,512▲ 145%
Profit (loss) for the period before taxes9903€12,740€24,475-€15,016€5,314€48,279€11,251€3,906▼ 65.3%
Income taxes67/77€2,296€5,197€0€1,063-€1,881€1,013▼ 46.1%
Profit (loss) for the period9904€10,444€19,278-€15,016€4,251€48,279€9,371€2,892▼ 69.1%
Profit (loss) for the period to be appropriated9905€10,444€19,278-€15,016€4,251€48,279€9,371€2,892▼ 69.1%
Line2018201920202021202220232024Change
Assets
Total assets20/58€84,355€112,981€93,042€133,821€135,729€101,985€123,935▲ 21.5%
Formation expenses20€713€516€320€124€0---
Fixed assets21/28€16,213€12,285€7,378€3,610€732€356€2,216▲ 522%
Tangible fixed assets22/27€16,213€12,285€7,378€3,610€732€356€2,191▲ 515%
Furniture and vehicles24---€3,610€732€356€2,191▲ 515%
Financial fixed assets28------€25-
Current assets29/58€67,430€100,180€85,344€130,086€134,997€101,629€121,719▲ 19.8%
Amounts receivable within one year40/41€56,666€98,636€84,931€92,959€123,676€98,363€115,458▲ 17.4%
Trade receivables40---€26,271€25,092€67,769€78,297▲ 15.5%
Other amounts receivable41---€66,688€98,584€30,594€37,161▲ 21.5%
Cash at bank and in hand54/58€4,999€1,504€413€287€539€1,774€6,261▲ 253%
Deferred charges and accrued income490/1---€36,840€10,781€1,492--
Equity and liabilities
Total equity and liabilities10/49€84,355€112,981€93,042€133,821€135,729€101,985€123,935▲ 21.5%
Equity10/15€20,444€39,722€24,706€57,081€105,360€39,485€42,377▲ 7.3%
Contributions10/11€10,000€10,000€10,000€10,000€10,000€10,000€10,000=
Reserves13-€29,523€29,523€40,523€40,523€40,523€40,523=
Non-distributable reserves130/1---€1,523€1,523€1,523€1,523=
Reserves not available under the articles1311---€1,523€1,523€1,523€1,523=
Distributable reserves133---€39,000€39,000€39,000€39,000=
Profit (loss) carried forward14€10,444€199-€14,817€6,558€54,837-€11,038-€8,146▲ 26.2%
Amounts payable17/49€63,911€73,259€68,336€76,740€30,369€62,500€81,558▲ 30.5%
Amounts payable after more than one year17€30,723€14,900€8,642€8,642€6,511€6,511€0▼ 100%
Financial debts170/4---€8,642€6,511€6,511€0▼ 100%
Amounts payable within one year42/48€32,738€58,359€59,694€68,098€23,858€55,989€81,171▲ 45.0%
Current portion of amounts payable after more than one year42---€4,527€2,246€2,246€8,757▲ 290%
Trade debts44€28,072€37,306€49,874€60,580€16,658€30,173€53,095▲ 76.0%
Suppliers440/4---€60,580€16,658€30,173€53,095▲ 76.0%
Advances received on contracts in progress46----€2,000€5,600€4,494▼ 19.7%
Taxes, remuneration and social security45---€2,991€2,954€17,970€14,825▼ 17.5%
Taxes450/3---€2,991€2,954€17,970€14,825▼ 17.5%
Accrued charges and deferred income492/3------€387-
Line2018201920202021202220232024Change
Profit (loss) for the period9904€10,444€19,278-€15,016€4,251€48,279€9,371€2,892▼ 69.1%
+ Depreciation and write-downs630€5,923€5,103€5,103€5,103€3,002€376€403▲ 7.1%
Operating cash flow (approximation)€16,368€24,381-€9,913€9,354€51,281€9,747€3,295▼ 66.2%
Investment in fixed assets (approximation)--€1,175-€196-€1,336-€124€0-€2,263-
Change in cash--€3,495-€1,091-€127€253€1,235€4,487▲ 263%

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

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2024 micro format 21-01-2026 2026-00010865
31-12-2023 micro format 22-11-2024 2024-00607147
31-12-2022 micro format 31-08-2023 2023-00442009
31-12-2021 micro format 31-10-2022 2022-20483099
31-12-2020 micro format 31-08-2021 2021-62300116
31-12-2019 micro format 13-10-2020 2020-61300346
31-12-2018 micro format 30-09-2019 2019-67800422

Similar companies · same sector, comparable size

Of the 3,968 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,741. 1,503 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.