EWAPD CONSTRUCT
ActiveEWAPD CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+5
Solvency60▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.31 in 2024; short-term debt: 64.7% and cash: 4.2% of total assets), and 64.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.3%
Return on assets
11%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €53k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
23 d early
2023
33 d early
2022
35 d early
2021
31 d early
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 45.4%
2024 · €37k
2018: €43k
2019: €42k
2020: €9k
2021: €9k
2022: €27k
2023: €28k
2024: €37k
2018 → 2025
Total assets
€151k▲ 26.1%
2024 · €120k
2018: €133k
2019: €160k
2020: €119k
2021: €73k
2022: €107k
2023: €105k
2024: €120k
2018 → 2025
Net result
€17k▲ 84.2%
2024 · €9k
2018: €-1k
2019: €-1k
2020: €-32k
2021: €-922
2022: €18k
2023: €1k
2024: €9k
2018 → 2025
Working capital
€44k▲ 72.6%
2024 · €26k
2018: €20k
2019: €13k
2020: €2k
2021: €-197
2022: €11k
2023: €10k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€27k▲ 210%€28k▲ 4.3%€37k▲ 32.7%€53k▲ 45.4%
Operating result€614-€28k▲ 4,517%€3k▼ 90.4%€15k▲ 462%€28k▲ 81.5%
Net result€-922-€18k€1k▼ 93.7%€9k▲ 698%€17k▲ 84.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 81% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€9k▼ 17.9%
Current assets
€142k▲ 30.5%
Equity and liabilities €151k
Equity
€53k▲ 45.4%
Debt
€98k▲ 17.5%
The debt ratio falls from 69.4% to 64.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €20k
Cash flow
€21k▲
2024 · €14k
Solvency
35.3%▲
2024 · 30.6%
Current ratio
1.45▲
2024 · 1.31
Quick ratio
1.45▲
2024 · 1.31
Debt / equity
1.83▼
2024 · 2.27
ROE
31.2%▲
2024 · 24.7%
ROA
11.0%▲
2024 · 7.5%
Interest coverage
6.89▼
2024 · 8.46
Debt
€98k▲
2024 · €83k
Debt ≤ 1 year
€98k▲
2024 · €83k
Income taxes
€6k▲
2024 · €6k
Staff costs
€39k▲
2024 · €38k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€120k€151k▲
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€6k▼
Furniture and vehicles24€11k€6k▼
Financial fixed assets28€420€3k▲
Current assets29/58€109k€142k▲
Amounts receivable within one year40/41€104k€135k▲
Trade receivables40€90k€123k▲
Other amounts receivable41€13k€12k▼
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1€2k€701▼
Equity and liabilities
Total equity and liabilities10/49€120k€151k▲
Equity10/15€37k€53k▲
Contributions10/11€40k€40k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-7k€9k▲
Amounts payable17/49€83k€98k▲
Amounts payable within one year42/48€83k€98k▲
Trade debts44€68k€72k▲
Suppliers440/4€68k€72k▲
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3€9k€12k▲
Remuneration and social security454/9€6k€10k▲
Accrued charges and deferred income492/3€12€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€38k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€8k€30k▲
Gross operating margin9900€67k€101k▲
Operating profit (loss)9901€15k€28k▲
Financial income75/76B€2k€2▼
Recurring financial income75€2k€2▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€15k€23k▲
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€9k€17k▲
Profit (loss) for the period to be appropriated9905€9k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€9k▲
Profit (loss) brought forward from the previous period14P€-16k€-7k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after 4 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Ukkel · 1 establishment unit since 2010
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.
Alsembergsesteenweg 8421180 UkkelGround area
1,992 m²
Building footprint
1,408 m²
Volume, LiDAR
10,226 m³
2 parcels, Brussels · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EEWAPD CONSTRUCT
since 20102.245.028.871
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0126/00A002 | Brussels | 1,616 m² | 1 · 1,089 m² | 12.7 m · 2 fl. |
| 21015A0095/00R003 ProtectedSite or landscapeHuart Hamoirlaan |
Brussels | 377 m² | 1 · 319 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
MoD Concept
BE 1009.685.668
Overijse · Eq €53k
Rinov
BE 0738.949.463
Wanze · Eq €54k
VDO
BE 0790.410.834
Lille · Eq €54k
SYNTECH
BE 1003.960.985
Dilbeek · Eq €53k
SV Renovations
BE 0795.145.523
Antwerpen · Eq €53k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,361. 2,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.