GENERAL CONSTRUCTIONS SKRT
ActiveSummary
GENERAL CONSTRUCTIONS SKRT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €302k and a net result of €16k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency61▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.76 in 2023; short-term debt: 63.7% and cash: 26.9% of total assets), but 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
13 d early
2021
31 d late
2020
30 d late
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€302k▲ 5.4%
2023 · €286k
2018: €145k
2019: €220k
2020: €296k
2021: €298k
2022: €302k
2023: €286k
2018 → 2024
Total assets
€839k▲ 52.4%
2023 · €551k
2018: €631k
2019: €633k
2020: €546k
2021: €902k
2022: €619k
2023: €551k
2018 → 2024
Net result
€16k▲ 145%
2023 · €6k
2018: €54k
2019: €75k
2020: €76k
2021: €2k
2022: €4k
2023: €6k
2018 → 2024
Working capital
€283k▲ 42.3%
2023 · €199k
2018: €173k
2019: €206k
2020: €169k
2021: €143k
2022: €153k
2023: €199k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€296k-€298k▲ 0.8%€302k▲ 1.3%€286k▼ 5.2%€302k▲ 5.4%
Operating result€93k-€-1k€15k€8k▼ 45.2%€4k▼ 48.4%
Net result€76k-€2k▼ 97.0%€4k▲ 68.3%€6k▲ 67.3%€16k▲ 145%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €839k
Fixed assets
€22k ▼ 76.5%
Current assets
€818k ▲ 78.3%
Equity and liabilities €839k
Equity
€302k ▲ 5.4%
Debt
€538k ▲ 103%
Debt's share of the balance-sheet total rises from 48.0% to 64.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2023 · €60k
Cash flow
€59k▲
2023 · €58k
Current ratio
1.53▼
2023 · 1.76
Quick ratio
0.95▲
2023 · 0.69
Debt to equity
1.78▲
2023 · 0.92
ROE
5.2%▲
2023 · 2.2%
ROA
1.9%▲
2023 · 1.2%
Interest coverage
29.73▲
2023 · 16.72
Debt ≤ 1 year
€535k▲
2023 · €260k
Debt > 1 year
€0▼
2023 · €1k
Income taxes
€4k▲
2023 · €428
Staff costs
€86k▼
2023 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€551k€839k▲
Fixed assets21/28€92k€22k▼
Intangible fixed assets21€31k€0▼
Tangible fixed assets22/27€61k€22k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€55k€15k▼
Other tangible fixed assets26€0€2k▲
Current assets29/58€458k€818k▲
Amounts receivable after more than one year29€25k€25k=
Other amounts receivable291€25k€25k=
Stocks and contracts in progress3€280k€307k▲
Stocks30/36€280k€307k▲
Amounts receivable within one year40/41€51k€254k▲
Trade receivables40€42k€247k▲
Other amounts receivable41€9k€7k▼
Cash at bank and in hand54/58€97k€226k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€551k€839k▲
Equity10/15€286k€302k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€264k€280k▲
Amounts payable17/49€264k€538k▲
Amounts payable after more than one year17€1k€0▼
Financial debts170/4€1k€0▼
Amounts payable within one year42/48€260k€535k▲
Current portion of amounts payable after more than one year42€5k€1k▼
Trade debts44€234k€497k▲
Suppliers440/4€234k€497k▲
Taxes, remuneration and social security45€9k€30k▲
Taxes450/3€450€15k▲
Remuneration and social security454/9€8k€16k▲
Other amounts payable47/48€11k€6k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€89k€86k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€43k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€36k€0▼
Other operating charges640/8€7k€4k▼
Non-recurring operating charges66A€0€8k▲
Gross operating margin9900€192k€145k▼
Operating profit (loss)9901€8k€4k▼
Financial income75/76B€2k€17k▲
Recurring financial income75€2k€17k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€7k€20k▲
Income taxes67/77€428€4k▲
Profit (loss) for the period9904€6k€16k▲
Profit (loss) for the period to be appropriated9905€6k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€286k€280k▼
Profit (loss) brought forward from the previous period14P€280k€264k▼
Profit to be distributed694/7€22k€0▼
Directors or managers695€22k€0▼
Social balance
Average headcount (FTE)90872.83.0▲
The notes to these accounts (17 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 · abbreviated schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €2k ▼97%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €76k ▲1.5%
Operating result €93k, net result €76k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €220k ▲51.4%
2 profitable years in a row build equity to €220k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2015
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.
Sint-Bernardsesteenweg 2242020 AntwerpenGround area
648 m²
Building footprint
648 m²
Volume, LiDAR
4,426 m³
Parcel 11809I2507/00Y002, Flanders · tallest building 15.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GENERAL CONSTRUCTIONS SKRT
since 20152.247.595.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2507/00Y002 | Flanders | 648 m² | 1 · 648 m² | 15.2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
9 endedCommercieel assistent (vwo)
Commercieel assistent duaal (so)
Commerciële organisatie duaal (so)
Aanvuller (so)
Kassier (so)
Verkoper (so)
Show 3 more
Winkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 1,039 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.