Turnover
≈ €620,000 estimated
The micro format states no turnover.
EN-CONSTRUCT
Overview
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.
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
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
Annual accounts 2025
- €251,693
- €75,918
- €80,918
- €412,951
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 14-09-2026
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.
Financials
Annual accounts 2025
micro format, filed on 14-09-2026, 45 days late€251,693
€95,138
€75,918
-€70,611
19.6%
0.79
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €620,000. Estimated: probably between €470,000 and €900,000.
Balance sheet
balance sheet total €412,951 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
19.6%
Higher than 22% of 35,156 companies in 2025.
0.79
Higher than 14% of 34,529 companies in 2025.
18.4%
Higher than 75% of 34,730 companies in 2025.
EN-CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
€50,507
Staff costs divided by the average number of full-time equivalents.
+3 people
people who joined
people who left
In 2025, 5 people joined and 2 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
412,951 | |
21/28 |
151,529 | |
22/27 |
151,529 | |
23 |
143,758 | |
24 |
7,772 | |
29/58 |
261,421 | |
40/41 |
217,549 | |
40 |
197,601 | |
41 |
19,948 | |
54/58 |
34,392 | |
490/1 |
9,480 | |
| Balance sheet: equity and liabilities | ||
10/49 |
412,951 | |
10/15 |
80,918 | |
10/11 |
5,000 | |
13 |
75,918 | |
133 |
75,918 | |
17/49 |
332,033 | |
42/48 |
332,033 | |
44 |
148,618 | |
440/4 |
148,618 | |
45 |
19,966 | |
450/3 |
19,966 | |
47/48 |
163,449 | |
| Income statement | ||
9900 |
251,693 | |
62 |
141,419 | |
630 |
13,980 | |
640/8 |
1,156 | |
9901 |
95,138 | |
75/76B |
258 | |
75 |
258 | |
65/66B |
106 | |
65 |
106 | |
9903 |
95,290 | |
67/77 |
19,372 | |
9904 |
75,918 | |
9905 |
75,918 | |
| Appropriation of the result | ||
9906 |
75,918 | |
691/2 |
75,918 | |
6921 |
75,918 | |
| Social balance sheet | ||
9087 |
2.8 | |
Hours worked1013 |
3,339 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 45 days after the deadline. Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511849.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-09-2026 | 2026-00511849 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 109,118 | ||
| 89,898 | ||
| 165,509 | ||
| -70,611 | ||
| 19.6% | ||
| 0.79 | ||
| 4.10 | ||
| 93.8% | ||
| 18.4% | ||
| over 100 |
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 3 |
| in full-time equivalents | 3 |
| 2.8 | |
| On a permanent contract | 3 |
| Joined | 5 |
| Left | 2 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €165,509 |
| €13,980 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on EN-CONSTRUCT
Debt's share of the balance-sheet total is 80.4%.
Board & ownership
Board
1 director, since incorporationStatutory director
since 12-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 14-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 16-12-2024
Mandates through the years
1 name, the dashed line is todayELEWAUT Nicholas
Statutory director
Statutory director
Board
Mandates as a list
- ELEWAUT Nicholas
- Statutory director, from 12-12-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €809 in 2025
- Source
- deed of 16-12-2024
Articles of association
deed of 16-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 16-12-2024 ↗
- ELEWAUT Nicholas 100 shares (100%) · €5,000
Network & group
No group
EN-CONSTRUCT has no parent and no holdings in its annual accounts. ELEWAUT Nicholas is the only director. EN-CONSTRUCT shares no director with another company.
At the same address
Nieuwe Baan 73, 9111 Sint-Niklaas · 2 other companies| E&-construct
registered office since 01-10-2022 |
founded in 2022 0791.702.122 |
| Joko Talents
establishment since 31-10-2014 |
founded in 2014 0507.634.751 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 45 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017282253
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: ELEWAUT Nicholas · Appointment: ELEWAUT Nicholas (statutory director) · published on 16-12-20245 points ▸
- Founder, ELEWAUT Nicholas
- Founding capital, €5,000, 100 shares
- 100 shares
- Director appointment, ELEWAUT Nicholas (statutory director), mentioned twice in the deed
- Registered office clause, Nieuwe baan 73, 9111 Belsele
- The deed holds 2 more points.
First establishment Nieuwe Baan 73, Sint-Niklaas
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.282.253
- VAT number
- BE 1017.282.253
- Peppol ID
- 0208:1017282253
- Other Peppol ID
- 9925:BE1017282253
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 16-12-2024 (in Dutch)
- Peppol
- Reachable since 18-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EN-CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 16-12-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
43120
Site preparation main activity
Social security (RSZ) activities
43120
Site preparation main activity
Codes under NACEBEL 2008
43120
Site preparation main activity
43390
Specialised construction activities
43999
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Zagen en schaven van hout; Vervaardiging van fineer en van panelen op basis van hout; Vervaardiging van ander schrijn- en timmerwerk…”deed of 16-12-2024 (in Dutch)
79 activities
- Zagen en schaven van hout;
- Vervaardiging van fineer en van panelen op basis van hout;
- Vervaardiging van ander schrijn- en timmerwerk;
- Vervaardiging van andere artikelen van hout;
- Vervaardiging van metalen constructiewerken en delen daarvan;
- Vervaardiging van metalen deuren en vensters;
- Vervaardiging van kantoor- en winkelmeubelen;
- Vervaardiging van keukenmeubelen;
- Vervaardiging van eetkamer-,zitkamer-,slaapkamer- en badkamermeubelen;
- Vervaardiging van tuin- en terrasmeubelen;
- Ontwikkeling van residentiële bouwprojecten;
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken;
- Projectontwikkeling voor de bouw van appartementsgebouwen;
- Ontwikkeling van niet-residentiële bouwprojecten;
- Projectontwikkeling voor kantoorbouw;
- Projectontwikkeling voor de bouw of de aanleg van: commerciële,en industriële centra,hotels,industriezones en markten,jachthavens,wintersportcentra,enzovoort;
- Algemene bouw van residentiële gebouwen;
- Optrekken van de ruwbouw van individuele huizen en gebouwen (al dan niet met celstructuur);
- Algemene coördinatiewerkzaamheden bouwwerf;
- Algemene bouw van kantoorgebouwen;
- Algemene bouw van andere niet-residentiële gebouwen;
- Bouw van autowegen en andere wegen;
- Bouw van tunnels voor spoorweg- en autoverkeer en van overige ondergrondse doorgangen;
- Bouw van speel- en sportterreinen,zwembaden,enzovoort;
- Bouwrijp maken van terreinen;
- Vervoer van goederen,zowel nationaal als internationaal,zowel voor eigen rekening als voor rekening van derden;
- Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
- Geschikt maken van terreinen voor mijnbouw : verwijderen van deklagen en overige werkzaamheden in verband met de ontsluiting van delfstoffen en de voorbereiding van de ontginning;
- Verlaging van het grondwaterpeil en drainage van bouwterreinen;
- Drainage van land- en bosbouwgrond;
- Elektrotechnische installatiewerken aan gebouwen;
- Installatie van elektrische bedrading en toebehoren;
- Installatie van bewakingssystemen en alarminstallaties tegen diefstal;
- Elektrotechnische installatiewerken,uitgezonderd aan gebouwen;
- Installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen,in havens en luchthavens (inclusief de installatie van verkeersborden);
- Installatie van verwarming,klimaatregeling en ventilatie;
- Installatie van verwarming,klimaatregeling en ventilatie (zonder verwarming);
- Overige installaties (inclusief accessoires),niet eerder genoemd;
- Schrijnwerk;
- Montage van buiten- en binnenschrijnwerk van hout of van kunststof: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;
- Installatie van al dan niet verplaatsbare tussenwanden,bekleding van wanden,plafonds,enz. in hout of kunststof;
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in hout of kunststof;
- Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof;
- Montage van serres,veranda's,enzovoort,in hout of kunststof;
- Montage van buiten- en binnenschrijnwerk in metaal : deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;
- Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,in metaal;
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort,in metaal;
- Installatie van geblindeerde deuren en brandwerende deuren in metaal;
- Montage van serres,veranda's enzovoort in metaal;
- Plaatsen van tussenwanden van gipsplaten;
- Plaatsen van vloer- en wandtegels;
- Aanbrengen in gebouwen en andere bouwwerken van : vloer-of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van terrazzo marmer,graniet of lei,enzovoort;
- Overige werkzaamheden in verband met de afwerking van gebouwen;
- Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden;
- Overige werkzaamheden in verband met de afwerking van gebouwen,niet eerder genoemd;
- Waterdicht maken van daken en dakterrassen;
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort;
- Bouwen van open haarden,stookplaatsen,sierschouwen,enzovoort;
- Uitvoeren van metselwerk;
- Uitvoeren van voegwerken;
- Chapewerken;
- Vlechten van ijzer en aanbrengen van bekisting;
- Handel in eigen onroerend goed;
- Handel in eigen onroerend goed : flatgebouwen en woningen niet voor bewoning bestemde gebouwen,grond;
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed,exclusief sociale woningen;
- Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed,exclusief terreinen;
- Verhuur en exploitatie van terreinen;
- Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis;
- Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed;
- Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis;
- Verlenen,in opdracht van de eigenaar of de mede-eigenaars,van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen (residentieel gebouw);
- Innen van de huur (residentiële en/of niet residentiële gebouwen);
- Verlenen in opdracht van de eigenaar(s) van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen (niet residentieel gebouw);
- Verlenen van bouwkundige adviezen aan de bouwheer;
- Toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking,enzovoort);
- Ingenieurs en aanverwante technische adviseurs,exclusief landmeters;
- Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden;
- Gespecialiseerde detailhandel in geschenken met betrekking tot de woninginrichting;
- Overige zakelijke dienstverlening,niet eerder genoemd.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Nieuwe Baan 73 registered office 9111 Sint-Niklaas | 12-12-2024 | 2.368.133.947 |
Buildings and parcels at the address
- Ground area
- 1.2 ha
- Buildings
- 159 m²
- Volume, LiDAR
- 654 m³
- Tallest building
- 7.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46002C1182/00A000 | 1.2 ha | 1 · 159 m² | 7.1 m · 1 |
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 1017.282.253