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i-Construct

Active Private limited companyfounded 2015active for 11 yearsPadveld 27, 3990 PeerKBO/BCE: BE 0632.452.272

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €57,259 (2025)
€57,259▲ 194%
lowest -€2,191 (2020)
€46,498▲ 626%
peak €123,086 (2024)
€69,584▼ 43.5%
€13,424▲ 45.3%
Board1 name since 2021
1 directorGEUZENS Frankie
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €19,466 to €57,259Result from €6,401 to €46,498Dividend €100,000Equity from €123,086 to €69,584Debts from €9,240 to €13,424Cash from €30,879 to €13,273

Key points

from the 2025 annual accounts

Equity

€69,584 ▼ 43.5%
123,0862024+46,498Profit-100,000Dividend69,5842025

i-Construct paid out €100,000 in dividends. That is 215% of the 2025 profit.

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Liquidity

5.39 was 13.20 in 2024

Short-term debts rose from €9,240 to €13,424.

Checked score

95
Excellent
Financially stronger than 58% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 83.8% of total assets
66-13short-term debt 16.2% · cash 16.0%
100+25return on assets 56.0%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €69,584 (83.8% of total assets)
Liquidity: current ratio 5.39, cash €13,273, halved
Figures for financial year 2025 (filed on 22-06-2026)
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 62, micro). It does better than 85% of them on solvency, 49% on liquidity, 82% on profitability and 16% on growth.

The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as i-Construct has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of i-Construct itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for i-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 €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.39 (13.2 in 2024), above the usual 1.5. Short-term debt is 16.2% and cash 16% of total assets. 16.2% 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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €69,584 (83.8% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.39, cash €13,273, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-06-2026)
NBB · annual accounts
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
31 days early
2023
5 days early
2022
39 days early
2021
4 days late
2020
39 days late
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GF
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0632452272
Change of role: GEUZENS Frankie, from statutory manager to director “De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële…” (deed in Dutch) · General meeting of 29-01-2024 · Gazette deed
Incorporation published on 17-06-2015 · Gazette deed
First establishment Padveld 27, Peer
All 19 events

Comparable companies

same main activity, similar in size and age
Company
i-Construct Peer €83,008 €57,259 83.8% -
Oktopus Genk €78,371 €53,535 57.7% -
Creo Websolutions Hasselt €88,381 €49,681 70.6% -
QINIBI Hasselt €80,812 €66,375 93.0% -
AD HOK SOLUTIONS Woluwe-Saint-Lambert €83,001 €57,641 82.1% -
TACHYONN CONSULTING Uccle €85,488 €59,604 26.0% -
PRIGENT CONSULTING Kraainem €84,960 €56,352 54.3% -

These companies have the same main activity as i-Construct: computer programming (NACE 62100). They are comparable in size and age: total assets between €78,400 and €88,400, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 15-06-2015Normal situation
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.242.756.5963990 Peer, since 15-06-2015
Financial year end
31 December
Peppol
Reachable since 28-11-2024
Company details

Annual accounts 2025

€57,259▲ 194%
€46,498▲ 626%
€69,584▼ 43.5%
€83,008▼ 37.3%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on i-Construct

i-Construct files the micro format. That format states no turnover. The gross margin rose from €14,936 in 2016 to €57,259 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 22-06-2026, 39 days before the deadline
€57,259
▲ 194%
€51,759
▲ 390%
€46,498
▲ 626%
€58,866
▼ 47.8%
83.8%
▼ 9.2 percentage points
5.39
▼ 7.82

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 ≈ €130,000. Estimated: probably between €110,000 and €170,000.

Balance sheet

balance sheet total €83,008 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

83.8%

Higher than 80% of 21,208 companies in 2025.

5.39

Higher than 77% of 20,571 companies in 2025.

56.0%

Higher than 89% of 20,746 companies in 2025.

i-Construct Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 83,008132,327130,199112,27697,91895,196103,87667,16059,07819,782
21/28 10,71810,32016,89816,12417,9619,4908,7558,14514,832-
22/27 10,71810,32016,89816,12417,9619,4908,7558,14514,832-
23 5,8475,3156,9776,3306,6139,4908,7558,14514,832-
24 4,8725,0059,9219,79411,348-----
29/58 72,289122,006113,30296,15279,95785,70695,12159,01544,24619,782
40/41 46,59241,86038,84434,18934,92316,49940,99227,32910,8152,604
40 43,16437,35036,12629,73725,35210,32838,49720,18210,394436
41 3,4284,5102,7184,4529,5716,1712,4967,1474212,169
50/53 6,40043,87826,47811,047------
54/58 13,27330,87938,16547,32641,70065,33749,06328,53933,43117,178
490/1 6,0255,3899,8143,5913,3353,8705,0663,147--
Balance sheet: equity and liabilities
10/49 83,008132,327130,199112,27697,91895,196103,87667,16059,07819,782
10/15 69,584123,086116,686102,45090,26586,15688,34859,91833,52915,704
10/11 18,55018,55018,55018,55018,5506,2006,2006,2006,2006,200
100 ------18,55018,55018,55018,550
101 ------12,35012,35012,35012,350
13 1,8551,8551,8551,8551,8551,8551,8551,8551,855475
130/1 1,8551,8551,8551,8551,8551,855----
130 ------1,8551,8551,855475
1311 1,8551,8551,8551,8551,8551,855----
14 49,179102,68196,28182,04569,86078,10180,29351,86325,4749,029
17/49 13,4249,24013,5149,8267,6539,04015,5297,24225,5504,078
42/48 13,4249,24013,5149,8267,6539,04015,5297,24225,5504,078
44 5,4095,4128,3166,8023,9782,5948,9173,3295,7821,228
440/4 5,4095,4128,3166,8023,9782,5948,9173,3295,7821,228
45 5,8061,108---2,6172,7912,0002,5271,764
450/3 5,8061,108---2,017791-5271,764
454/9 -----6002,0002,0002,000-
47/48 2,2102,7205,1983,0233,6753,8283,8201,91217,2401,086
Income statement
76A -----325----
9900 57,25919,46626,46323,95937,8662,93645,65442,25833,17114,936
630 5,0697,8997,3924,5292,3901,8557,7086,6876,809-
640/8 4311,009503333333876652341464106
66A ----207-----
9901 51,75910,55818,56719,09834,93720637,29435,23025,89814,830
75/76B 7,146151674012--5-6
75 2,588151674012--5-6
76B 4,558---------
65/66B 555354-5321,45117822614966167168
65 555354-5321,45117822614966167168
9903 58,35010,35419,16617,68734,770-2037,14534,57525,22714,768
67/77 11,8523,9544,9305,5027,7172,1728,7168,1857,4035,264
9904 46,4986,40114,23512,18527,053-2,19128,43026,39017,8249,504
9905 46,4986,40114,23512,18527,053-2,19128,43026,39017,8249,504
Appropriation of the result
9906 149,179102,68196,28182,045105,15478,10180,29351,86326,8539,504
14P 102,68196,28182,04569,86078,101-----
691/2 --------1,380475
6920 --------1,380475
694/7 100,000---35,294-----
694 100,000---35,294-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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 22-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 22-06-2026 2026-00182399 PDF
31-12-2024 micro format 30-06-2025 2025-00197713 PDF
31-12-2023 micro format 26-07-2024 2024-00287077 PDF
31-12-2022 micro format 22-06-2023 2023-00146542 PDF
31-12-2021 micro format 04-08-2022 2022-20268871 PDF
31-12-2020 micro format 08-09-2021 2021-66700322 PDF
31-12-2019 micro format 27-07-2020 2020-36100075 PDF
31-12-2018 micro format 18-06-2019 2019-19300499 PDF
31-12-2017 micro format 25-06-2018 2018-23100075 PDF
31-12-2016 abbreviated format 24-08-2017 2017-49300484 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
56,82818,45725,95923,62737,3272,06045,00241,91732,707-
51,56714,30021,62716,71429,443-33736,13833,07724,633-
5,4671,3218,1662,69311,9362,5898,319021,640-
-17,606-7,286-9,1605,626-23,63716,27420,523-4,89216,254-
58,866112,76699,78886,32672,30576,66679,59251,77418,69715,704
83.8%93.0%89.6%91.2%92.2%90.5%85.1%89.2%56.8%79.4%
5.3913.208.389.7910.459.486.138.151.734.85
0.190.080.120.100.080.100.180.120.760.26
66.8%5.2%12.2%11.9%30.0%-2.5%32.2%44.0%53.2%60.5%
56.0%4.8%10.9%10.9%27.6%-2.3%27.4%39.3%30.2%48.0%
over 10052.13-48.8416.28over 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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,467€1,321€8,166€2,693€11,936
€5,069€7,899€7,392€4,529€2,390

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on i-Construct

The operating result for 2025 is 4.9 times that of 2024 and the highest since 2016. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 7.0% to 16.2%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2024
Director (not named in the articles)
appointed by deed of 22-04-2024 term without a fixed end
earlier statutory manager, until 22-04-2024
listed in the 2025 annual accounts, filed on 22-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14 - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 22-04-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GEUZENS Frankie
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • GEUZENS Frankie
    • Director (not named in the articles), since before 31-12-2021
    • Statutory manager, until 22-04-2024

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,550
Source
2025 annual accounts

Articles of association

deed of 22-04-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of May at 14:00

Capital transactions

Capital over time
  1. 22-04-2024 Converted to unavailable equity
  2. 22-04-2024 Converted to available equity

Network & group

No group

i-Construct has no parent and no holdings in its annual accounts. GEUZENS Frankie is the only director. i-Construct shares no director with another company.

Timeline

Timeline

19 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 39 days before the deadline
2025
Highest result from 2016 to 2025 net €46,498 ▲626% The operating result of €51,759 and the net result of €46,498 are both a record.
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:0632452272
Annual accounts 2023 filed PDFmicro format · 5 days before the deadline
Change of role: GEUZENS Frankie, from statutory manager to director“De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële…” (deed in Dutch) · General meeting of 29-01-20247 points ▸
  • General meeting, 29-01-2024
  • Purpose change, “De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar…” (deed in Dutch)
  • 100 shares
  • Director resignation, GEUZENS Frankie (statutory manager)
  • Director appointment, GEUZENS Frankie (director (not named in the articles))
  • Amendment of the articles, article 11
  • Registered office clause, Padveld 27, 3990 Peer
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 39 days before the deadline
2022
Equity above €100,000 equity €102,450 ▲13.5% After 2 profitable years in a row, equity reaches €102,450.
Annual accounts 2021 filed PDFmicro format · 4 days late
2021
Back to profit net €27,053 The net result is €27,053, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 39 days late
2020
Weakest financial year net -€2,191 The net result drops to -€2,191, the lowest from 2016 to 2025. It recovers the following year.
Annual accounts 2019 filed PDFmicro format · 4 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 43 days before the deadline
2018
Liquidity more than quadruples current ratio 8.15 The current ratio rises from 1.73 to 8.15. Short-term debt falls from €25,550 to €7,242.
Annual accounts 2017 filed PDFmicro format · 36 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 24 days late
2015
Incorporation PDFpublished on 17-06-2015
First establishment Padveld 27, Peer

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

I-Construct was incorporated on 15 June 2015.1 Total assets rose from €67,160 in 2018 to €83,008 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0632.452.272
VAT number
BE 0632.452.272
Peppol ID
0208:0632452272
Other Peppol ID
9925:BE0632452272
Legal form
Private limited company
Status
Active, normal situation
Founded
15-06-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of May at 14:00
deed of 22-04-2024 (in Dutch)
Peppol
Reachable since 28-11-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
i-Construct in Dutch
Trade name
i-Construct BVBA in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
70220 Business consulting
71111 Architectural and engineering activities; technical testing and analysis
71121 Engineering activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of…”
5 activities
  1. De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
  2. De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijke of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
  3. Bovenvermelde opsomming is niet beperkend,zodat de vennootschap alle handelingen kan stellen,die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp
  4. De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland,op alle wijzen en manieren,die zij het best geschikt zou achten
  5. De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet
deed of 22-04-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Padveld 27 registered office 3990 Peer 62900 Other information technology and computer services 15-06-2015 2.242.756.596

Buildings and parcels at the address

Ground area
930 m²
Buildings
158 m²
Volume, LiDAR
831 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
158 m², 8.8 m 158 m², 8.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
72035A0176/00C000930 m² 1 · 158 m² 8.8 m · 2

Contact

E-mail info@i-construct.be
Phone +32 476 54 57 90