Turnover
≈ €620,000 estimated
The micro format states no turnover.
EN-CONSTRUCT
Lifetime
1 annual account with figurespeak €251,693 (2025)
€251,693
peak €75,918 (2025)
€75,918
peak €80,918 (2025)
€80,918
€332,033
Board1 name since 2024
1 directorELEWAUT Nicholas
Documentsfilings and deeds
14-09-202645 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€332,033 80% of the balance sheet
Suppliers 45%Taxes and wages 6%Other 49%
Position in the sector
€75,918
Higher net result than 92% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
2025 accounts filed 45 days after the deadline
Checked score
53
Fair
Financially stronger than 36% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.9%lowest value
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.4%▲ +0.4 percentage points vs 03-2026
05-2026: 2.4%● unchanged vs 04-2026
06-2026: 2.7%▲ +0.3 percentage points vs 05-2026
07-2026: 3.0%▲ +0.3 percentage points vs 06-2026
08-2026: 3.0%● unchanged vs 07-2026highest value
09-2026: 2.9%▼ -0.1 percentage points vs 08-2026
10-2026: 2.0%▼ -0.9 percentage points vs 09-2026
11-2026: 2.1%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 45 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €412,951
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 43, micro). It does better than 21% of them on solvency, 9% on liquidity and 78% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,390 companies had the same profile as EN-CONSTRUCT has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EN-CONSTRUCT itself is higher: 2.1% within 12 months. It rests on far more data about EN-CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 2,390 companies, not a prediction for EN-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 €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.79, below 1. Short-term debt is 80.4% and cash 8.3% of total assets. 80.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 35156 sector peers (2025).
NBB · sector comparisonPosition among 35156 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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.
NBB · 1 filingDeviation from the deadline
2025
45 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017282253
Incorporation
Founding capital of €5,000, 100 shares · Founder: ELEWAUT Nicholas · Appointment: ELEWAUT Nicholas (statutory director) · published on 16-12-2024 · Gazette deed
First establishment
Nieuwe Baan 73, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EN-CONSTRUCT Sint-Niklaas | €412,951 | €251,693 | 19.6% | - |
| GARDIN - DE MEYER Aalter | €429,933 | €194,437 | 6.5% | - |
| VaBeGo Oudsbergen | €497,721 | €243,505 | 25.5% | 1.7 |
| AMIGO Herzele | €490,085 | €266,387 | 27.1% | 1.4 |
| Jasper Floré Ghent | €554,281 | €200,550 | 9.2% | - |
| R-V-B Laarne | €307,868 | €182,685 | 35.8% | - |
| GKB-INFRA Wichelen | €378,710 | €286,813 | 75.5% | - |
These companies have the same main activity as EN-CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €308,000 and €554,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 12-12-2024Normal situation
- Activity
- Site preparationNACE 43120and 2 others
- Establishment unit
- 2.368.133.9479111 Sint-Niklaas, since 12-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-02-2025
Insights on EN-CONSTRUCT
The computed 12-month bankruptcy probability of EN-CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show equity of €80,918 and a net result of €75,918.
Its solvency ranks better than 22% of 35,156 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 EN-CONSTRUCT
- What is the company number of EN-CONSTRUCT?
- The company number of EN-CONSTRUCT is 1017.282.253. The VAT number is the same number with BE in front: BE 1017.282.253.
- Where is EN-CONSTRUCT based?
- The registered office is at Nieuwe Baan 73, 9111 Sint-Niklaas.Company details
- What does EN-CONSTRUCT do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of EN-CONSTRUCT?
- EN-CONSTRUCT is a private limited company (BV).
- When was EN-CONSTRUCT founded?
- EN-CONSTRUCT was founded on 12-12-2024.
- Is EN-CONSTRUCT still active?
- Yes, EN-CONSTRUCT is an active enterprise in the KBO register.
- How many employees does EN-CONSTRUCT have?
- EN-CONSTRUCT had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EN-CONSTRUCT?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €251,693 and 82 comparable companies (NACE 43). It probably lies between €470,000 and €900,000.
- Is EN-CONSTRUCT profitable?
- In financial year 2025, EN-CONSTRUCT made a profit of €75,918.
- Where can I find the annual accounts of EN-CONSTRUCT?
- EN-CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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