Het Constructief
ActiveSummary
Het Constructief has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €44k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-16
Solvency92▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.77 against 5.31 in 2024; short-term debt: 15.6% and cash: 22.7% of total assets), and 32.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · 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
67.1%
Return on assets
2.9%
Age of the figures
9 mo
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
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 22-07-2026, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
9 d early
2024
37 d early
2023
43 d early
2022
49 d early
2021
2 d early
2020
25 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.02M▲ 0.4%
2024 · €1.02M
2018: €306k
2019: €356k
2020: €477k
2021: €652k
2022: €728k
2023: €785k
2024: €1.02M
2018 → 2025
Total assets
€1.52M▲ 1.1%
2024 · €1.51M
2018: €498k
2019: €510k
2020: €625k
2021: €840k
2022: €1.29M
2023: €1.28M
2024: €1.51M
2018 → 2025
Net result
€44k▼ 81.1%
2024 · €232k
2018: €155k
2019: €64k
2020: €121k
2021: €175k
2022: €77k
2023: €137k
2024: €232k
2018 → 2025
Working capital
€896k▲ 0.6%
2024 · €891k
2018: €296k
2019: €345k
2020: €468k
2021: €635k
2022: €635k
2023: €696k
2024: €891k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€652k-€728k▲ 11.8%€785k▲ 7.8%€1.02M▲ 29.6%€1.02M▲ 0.4%
Operating result€240k-€106k▼ 55.7%€205k▲ 92.7%€332k▲ 62.5%€78k▼ 76.5%
Net result€175k-€77k▼ 56.1%€137k▲ 78.3%€232k▲ 69.8%€44k▼ 81.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets
€388k ▼ 4.9%
Current assets
€1.13M ▲ 3.3%
Equity and liabilities €1.52M
Equity
€1.02M ▲ 0.4%
Provisions
€30k =
Debt
€471k ▲ 2.7%
Debt's share of the balance-sheet total rises from 30.4% to 30.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€104k▼
2024 · €354k
Cash flow
€70k▼
2024 · €253k
Current ratio
4.77▼
2024 · 5.31
Debt to equity
0.46▲
2024 · 0.45
ROE
4.3%▼
2024 · 22.8%
ROA
2.9%▼
2024 · 15.4%
Interest coverage
11.72▼
2024 · 26.74
Debt ≤ 1 year
€238k▲
2024 · €207k
Debt > 1 year
€204k▼
2024 · €225k
Income taxes
€31k▼
2024 · €92k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.51M€1.52M▲
Fixed assets21/28€408k€388k▼
Tangible fixed assets22/27€406k€386k▼
Land and buildings22€351k€341k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€49k€39k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.10M€1.13M▲
Amounts receivable after more than one year29€145k€336k▲
Other amounts receivable291€145k€336k▲
Amounts receivable within one year40/41€576k€446k▼
Trade receivables40€576k€402k▼
Other amounts receivable41€0€44k▲
Cash at bank and in hand54/58€372k€345k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.51M€1.52M▲
Equity10/15€1.02M€1.02M▲
Contributions10/11€6k€6k=
Reserves13€1.01M€1.02M▲
Distributable reserves133€1.01M€1.02M▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€30k€30k=
Provisions for liabilities and charges160/5€30k€30k=
Environmental obligations163€0-
Other liabilities and charges164/5€30k€30k=
Amounts payable17/49€458k€471k▲
Amounts payable after more than one year17€225k€204k▼
Financial debts170/4€225k€204k▼
Amounts payable within one year42/48€207k€238k▲
Current portion of amounts payable after more than one year42€42k€20k▼
Financial debts43-€21k
Credit institutions430/8-€21k
Trade debts44€111k€104k▼
Suppliers440/4€111k€104k▼
Taxes, remuneration and social security45€52k€51k▼
Taxes450/3€52k€51k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€41k▲
Accrued charges and deferred income492/3€27k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€3k€3k▼
Gross operating margin9900€357k€106k▼
Operating profit (loss)9901€332k€78k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€324k€75k▼
Income taxes67/77€92k€31k▼
Profit (loss) for the period9904€232k€44k▼
Profit (loss) for the period to be appropriated9905€232k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€232k€44k▼
Transfer from equity791/2-€40k
Transfer to equity691/2€232k€44k▼
To other reserves6921€232k€44k▼
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (15 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €44k ▼81.1%
Net result drops to €44k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €232k ▲69.8%
Operating result €332k, net result €232k, both a record.
31-12
Financial
Equity above €1MEq €1.02M ▲29.6%
7 profitable years in a row build equity to €1.02M.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €652k ▲36.7%
4 profitable years in a row build equity to €652k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Deinze · 1 establishment unit since 2013
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.
Gaston Baertstraat 169800 DeinzeGround area
668 m²
Building footprint
150 m²
Volume, LiDAR
680 m³
Parcel 44065A0206/00G004, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Het Constructief
since 20132.223.497.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44065A0206/00G004 | Flanders | 668 m² | 1 · 150 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,170 EUR awarded · 4,368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,845 EUR | 1,845 EUR |
| 2024 | 1 | 2,325 EUR | 2,523 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DELEX
BE 0567.535.221
Kalmthout · Eq €1,022,955
LEADER CONSTRUCT
BE 0837.536.305
Beersel · Eq €1,037,582
N.E.L.
BE 0810.705.907
Etterbeek · Eq €1,040,718
AFILCO
BE 0426.816.628
Oud-Turnhout · Eq €1,002,067
A-DVICE
BE 0754.401.068
Puurs-Sint-Amands · Eq €998,096
Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 888 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
Founded11-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.