EURO CONSTRUCT
ActiveEURO CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €-3k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 9980 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
65
/ 100
Healthy▼ -35 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency86▼-14
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 3.13 in 2023), and 41.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.2%
Return on assets
-3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
161 d early
2018
135 d early
2017
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€131k
EBIT margin
8.4%
Net result
€-3k
2023 · €26k
2018: €7k
2023: €26k
2018 → 2024
Working capital
€16k▼ 55.0%
2023 · €36k
2018: €10k
2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820232024Trend
Turnover€131k-
Equity€21k-€53k▲ 156%€50k▼ 5.0%
Operating result€11k-€35k▲ 215%€11k▼ 68.0%
Net result€7k-€26k▲ 257%€-3k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 68% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €86k
Fixed assets
€34k▲ 101%
Current assets
€52k▼ 1.1%
Equity and liabilities €86k
Equity
€50k▼ 5.0%
Debt
€36k▲ 114%
The debt ratio rises from 24.2% to 41.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€25k▼
2023 · €39k
Cash flow
€11k▼
2023 · €31k
Solvency
58.2%▼
2023 · 75.8%
Current ratio
1.45▼
2023 · 3.13
Quick ratio
1.45▼
2023 · 3.13
Debt / equity
0.72▲
2023 · 0.32
ROE
-5.2%▼
2023 · 49.2%
ROA
-3.0%▼
2023 · 37.3%
Interest coverage
12.70▼
2023 · 20.16
Debt
€36k▲
2023 · €17k
Debt ≤ 1 year
€36k▲
2023 · €17k
Income taxes
€12k▲
2023 · €8k
Staff costs
€31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€70k€86k▲
Fixed assets21/28€17k€34k▲
Tangible fixed assets22/27€17k€34k▲
Furniture and vehicles24€17k€34k▲
Financial fixed assets28€187€187=
Current assets29/58€53k€52k▼
Amounts receivable within one year40/41€22k€44k▲
Trade receivables40-€22k
Other amounts receivable41€22k€22k▲
Cash at bank and in hand54/58€7k€8k▲
Deferred charges and accrued income490/1€24k-
Equity and liabilities
Total equity and liabilities10/49€70k€86k▲
Equity10/15€53k€50k▼
Contributions10/11€500€500=
Capital10€500€500=
Issued capital100€500€500=
Profit (loss) carried forward14€52k€50k▼
Amounts payable17/49€17k€36k▲
Amounts payable within one year42/48€17k€36k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45€10k€29k▲
Taxes450/3€10k€21k▲
Remuneration and social security454/9-€7k
Income statement
Code20232024
Remuneration, social security and pensions62-€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€14k▲
Other operating charges640/8€2k€12k▲
Gross operating margin9900€42k€68k▲
Operating profit (loss)9901€35k€11k▼
Financial income75/76B€967€1▼
Recurring financial income75€967€1▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€34k€9k▼
Income taxes67/77€8k€12k▲
Profit (loss) for the period9904€26k€-3k▼
Profit (loss) for the period to be appropriated9905€26k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€50k▼
Profit (loss) brought forward from the previous period14P€26k€52k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-3k ▼110%
Net result drops to €-3k, the lowest in the series.
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €26k ▲257%
Operating result €35k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.29 to 3.13; short-term debt falls from €35k to €17k.
2019
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Halle · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zomerlaan 241500 HalleGround area
234 m²
Building footprint
111 m²
Volume, LiDAR
485 m³
Parcel 23412I0239/00K005, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EURO CONSTRUCT
since 20172.266.870.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23412I0239/00K005 | Flanders | 234 m² | 1 · 111 m² | 8.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WOUTERS JOEL
BE 0474.704.637
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Dieter Mondy Services
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PRO ESTATE SERVICES
BE 0805.227.484
Ukkel · Eq €50k
Optinova
BE 0536.485.719
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SKY BIKES
BE 0683.886.919
Kortenberg · Eq €50k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,933 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
23990Manufacture of other non-metallic mineral products
33110Repair and maintenance of fabricated metal products
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43221Plumbing work
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43422Screed work
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.