I.D.R. CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of I.D.R. CONSTRUCT is 1.6% (moderate). The 2024 annual accounts show equity of €116k and a net result of €9k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 36373 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63=
Solvency50=
Growth65▼-3
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.1 in 2023; short-term debt: 73.7% and cash: 13.7% of total assets), and 74.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
25.1%
Return on assets
2%
Age of the figures
21 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 30-09-2025, 61 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
61 d late
2023
85 d late
2022
451 d late
2021
666 d late
2020
31 d late
2019
129 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€749k=
2023 · €749k
2018: €294k
2019: €580k
2020: €349k
2021: €599k
2022: €659k
2023: €749k
2018 → 2024
EBIT margin
3.1%=
2023 · 3.1%
2018: 6.1%
2019: -1.2%
2020: 1.4%
2021: 6.6%
2022: 3.0%
2023: 3.1%
2018 → 2024
Net result
€9k=
2023 · €9k
2018: €14k
2019: €-11k
2020: €3k
2021: €16k
2022: €16k
2023: €9k
2018 → 2024
Working capital
€35k=
2023 · €35k
2018: €28k
2019: €32k
2020: €28k
2021: €-22k
2022: €26k
2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€349k-€599k▲ 71.6%€659k▲ 10.0%€749k▲ 13.6%€749k=
Equity€65k-€99k▲ 52.2%€111k▲ 11.8%€116k▲ 4.2%€116k=
Operating result€5k-€40k▲ 727%€20k▼ 50.9%€23k▲ 19.8%€23k=
Net result€3k-€16k▲ 445%€16k▼ 0.2%€9k▼ 43.6%€9k=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €23k in 2024, level with 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €461k
Fixed assets
€87k=
Current assets
€374k=
Equity and liabilities €461k
Equity
€116k=
Provisions
€3k=
Debt
€342k=
The debt ratio stays at 74.3%.
Key figures and ratios
EBITDA
€48k=
2023 · €48k
Cash flow
€34k=
2023 · €34k
Solvency
25.1%=
2023 · 25.1%
Current ratio
1.10=
2023 · 1.10
Quick ratio
1.10=
2023 · 1.10
Debt / equity
2.96=
2023 · 2.96
ROE
7.9%=
2023 · 7.9%
ROA
2.0%=
2023 · 2.0%
Interest coverage
29.34=
2023 · 29.34
Debt
€342k=
2023 · €342k
Debt ≤ 1 year
€339k=
2023 · €339k
Debt > 1 year
€3k=
2023 · €3k
Income taxes
€19k=
2023 · €19k
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€461k€461k=
Fixed assets21/28€87k€87k=
Tangible fixed assets22/27€87k€87k=
Land and buildings22€19k€19k=
Plant, machinery and equipment23€795€795=
Furniture and vehicles24€62k€62k=
Other tangible fixed assets26€5k€5k=
Current assets29/58€374k€374k=
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€310k€310k=
Trade receivables40€288k€288k=
Other amounts receivable41€21k€21k=
Cash at bank and in hand54/58€63k€63k=
Deferred charges and accrued income490/1€79€79=
Equity and liabilities
Total equity and liabilities10/49€461k€461k=
Equity10/15€116k€116k=
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€36k€36k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€61k€61k=
Provisions and deferred taxes16€3k€3k=
Deferred taxes168€3k€3k=
Amounts payable17/49€342k€342k=
Amounts payable after more than one year17€3k€3k=
Financial debts170/4€3k€3k=
Amounts payable within one year42/48€339k€339k=
Current portion of amounts payable after more than one year42€17k€17k=
Trade debts44€302k€302k=
Suppliers440/4€302k€302k=
Taxes, remuneration and social security45€21k€21k=
Taxes450/3€13k€13k=
Remuneration and social security454/9€8k€8k=
Other amounts payable47/48€0€0=
Income statement
Code20232024
Turnover70€749k€749k=
Goods, raw materials, services and sundry goods60/61€702k€702k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k=
Other operating charges640/8€3k€3k=
Gross operating margin9900€51k€51k=
Operating profit (loss)9901€23k€23k=
Financial income75/76B€521€521=
Recurring financial income75€521€521=
Financial charges65/66B€2k€2k=
Recurring financial charges65€2k€2k=
Profit (loss) for the period before taxes9903€22k€22k=
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€19k€19k=
Profit (loss) for the period9904€9k€9k=
Profit (loss) for the period to be appropriated9905€9k€9k=
Appropriation of the result
Profit (loss) to be appropriated9906€66k€66k=
Profit (loss) brought forward from the previous period14P€57k€57k=
Transfer to equity691/2€5k€5k=
To other reserves6921€5k€5k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 451 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 666 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €111k ▲11.8%
3 profitable years in a row build equity to €111k.
2021
31-12
Financial
Highest result since 2018net €16k ▲445%
Operating result €40k, net result €16k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
31-12
Financial
Weakest financial yearnet €-11k ▼183%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2007
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.
Marcel Thirylaan 1961200 Sint-Lambrechts-WoluweGround area
4,495 m²
Building footprint
507 m²
Volume, LiDAR
6,725 m³
2 parcels, Brussels, Flanders · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Guldendellestraat 51, 3070 Kortenberg
since 20072.160.375.387
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0008/00B002 | Brussels | 3,390 m² | 1 · 338 m² | 25.1 m · 7 fl. |
| 24055A0050/00G000 | Flanders | 1,105 m² | 1 · 169 m² | 8.6 m · 2 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.
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BE 0466.557.726
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ALCO INVEST & CONSULTING
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 6,204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
45421
45422
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.