IACOB CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of IACOB CONSTRUCT is 2.1% (moderate). The 2024 annual accounts show equity of €167k and a net result of €46k. Equity is growing by ~227% per year across the filed fiscal years. Its solvency ranks better than 83% of 36377 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▲ +4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+34
Growth78=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 1.46 in 2023), and 23.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
88 d late
2021
131 d late
2020
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€167k▲ 38.3%
2023 · €121k
2020: €2k
2021: €5k
2022: €56k
2023: €121k
2020 → 2024
Total assets
€217k▼ 35.5%
2023 · €337k
2020: €34k
2021: €29k
2022: €114k
2023: €337k
2020 → 2024
Net result
€46k▼ 29.0%
2023 · €65k
2020: €-6k
2021: €3k
2022: €51k
2023: €65k
2020 → 2024
Working capital
€137k▲ 39.0%
2023 · €99k
2020: €2k
2021: €5k
2022: €64k
2023: €99k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€5k▲ 205%€56k▲ 1,101%€121k▲ 117%€167k▲ 38.3%
Operating result€-6k-€3k€65k▲ 2,103%€88k▲ 35.3%€32k▼ 63.6%
Net result€-6k-€3k€51k▲ 1,538%€65k▲ 27.5%€46k▼ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217k
Fixed assets
€39k▲ 78.5%
Current assets
€178k▼ 43.5%
Equity and liabilities €217k
Equity
€167k▲ 38.3%
Debt
€50k▼ 76.8%
The debt ratio falls from 64.1% to 23.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€42k▼
2023 · €92k
Cash flow
€57k▼
2023 · €69k
Solvency
76.9%▲
2023 · 35.9%
Current ratio
4.38▲
2023 · 1.46
Quick ratio
3.70▲
2023 · 1.20
Debt / equity
0.30▼
2023 · 1.79
ROE
27.7%▼
2023 · 53.9%
ROA
21.3%▲
2023 · 19.3%
Interest coverage
16.80▼
2023 · 103.09
Debt
€50k▼
2023 · €216k
Debt ≤ 1 year
€41k▼
2023 · €216k
Debt > 1 year
€10k
Income taxes
€-10k▼
2023 · €23k
Staff costs
€22k▼
2023 · €44k
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€337k€217k▼
Fixed assets21/28€22k€39k▲
Tangible fixed assets22/27€22k€39k▲
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€20k€37k▲
Current assets29/58€315k€178k▼
Amounts receivable after more than one year29€32k€91k▲
Other amounts receivable291€32k€91k▲
Stocks and contracts in progress3€55k€28k▼
Stocks30/36€55k€28k▼
Amounts receivable within one year40/41€204k€56k▼
Trade receivables40€156k€31k▼
Other amounts receivable41€48k€24k▼
Cash at bank and in hand54/58€23k€3k▼
Deferred charges and accrued income490/1€31€984▲
Equity and liabilities
Total equity and liabilities10/49€337k€217k▼
Equity10/15€121k€167k▲
Contributions10/11€8k€8k=
Outside capital11€8k-
Other1109/19€8k-
Profit (loss) carried forward14€113k€159k▲
Amounts payable17/49€216k€50k▼
Amounts payable after more than one year17-€10k
Financial debts170/4-€10k
Amounts payable within one year42/48€216k€41k▼
Current portion of amounts payable after more than one year42-€8k
Financial debts43€3k€0▼
Credit institutions430/8€3k€0▼
Trade debts44€177k€32k▼
Suppliers440/4€177k€32k▼
Taxes, remuneration and social security45€36k€1k▼
Taxes450/3€36k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€44k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€10k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€137k€65k▼
Operating profit (loss)9901€88k€32k▼
Financial income75/76B€753€7k▲
Recurring financial income75€753€7k▲
Financial charges65/66B€890€3k▲
Recurring financial charges65€890€3k▲
Profit (loss) for the period before taxes9903€88k€36k▼
Income taxes67/77€23k€-10k▼
Profit (loss) for the period9904€65k€46k▼
Profit (loss) for the period to be appropriated9905€65k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€113k€159k▲
Profit (loss) brought forward from the previous period14P€48k€113k▲
The notes to these accounts (9 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
31-12
Financial
Liquidity triplescurrent ratio 4.38
Current ratio from 1.46 to 4.38; short-term debt falls from €216k to €41k.
31-12
Financial
Equity above €150kEq €167k ▲38.3%
4 profitable years in a row build equity to €167k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2020net €65k ▲27.5%
Operating result €88k, net result €65k, both a record.
31-12
Financial
Equity above €100kEq €121k ▲117%
3 profitable years in a row build equity to €121k.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.46
Current ratio from 1.18 to 2.46.
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 131 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
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, Mechelen · 1 establishment unit since 2019
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-Rumoldusstraat 342800 MechelenGround area
202 m²
Building footprint
129 m²
Volume, LiDAR
1,029 m³
Parcel 12402C0103/00W002, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IACOB CONSTRUCT
since 20192.291.480.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402C0103/00W002 | Flanders | 202 m² | 1 · 129 m² | 12.6 m · 3 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.
Similar companies · same sector, comparable size
Roundhouse
BE 0694.717.859
Kampenhout · Eq €167k
Project One
BE 0775.475.111
Lille · Eq €167k
MSL RENOVATION
BE 0748.718.254
Bassenge · Eq €167k
V.R.S.B.
BE 0760.971.334
Denderleeuw · Eq €167k
INTER BATY
BE 0672.567.415
Sint-Jans-Molenbeek · Eq €167k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,354. 5,936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2019
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.