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ID CONSTRUCT

Active
Private limited companyfounded 2020active for 5 yearsRue de la Source(HHZ) 14, 4400 Flémalle, BelgiumKBO/BCE: BE 0757.736.878
Summary

The computed 12-month bankruptcy probability of ID CONSTRUCT is 7.4% (elevated). For ID CONSTRUCT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€275) and a net result of -€7,651. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 12% of 9,841 sector peers (NACE 41, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€78,700total assets 2024
Staff
2 FTE
Equity
-€275
Loss
-€7,651
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
7.4%
2024 figures too old to score
Structure
Accounts 262 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2024 (filed 31-01-2025)1 financial year not filed after the legal deadline; 1 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Annual accounts not filedlowers riskLiquidity: current ratio 0.99, cash €23,496neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency 25-6
equity -0.3% of total assets
Liquidity 37+35
short-term debt 100.3% · cash 29.9%
Profitability 7-12
return on assets -9.7%
Bankruptcy probability, 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 11-2024: 5.6% 12-2024: 5.6%● unchanged vs 11-2024 01-2025: 5.7%▲ +0.1 percentage points vs 12-2024 02-2025: 3.2%▼ -2.5 percentage points vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.2%● unchanged vs 05-2025 07-2025: 3.1%▼ -0.1 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025lowest value 02-2026: 3.8%▲ +0.7 percentage points vs 01-2026 03-2026: 4.1%▲ +0.3 percentage points vs 02-2026 04-2026: 4.7%▲ +0.6 percentage points vs 03-2026 05-2026: 4.7%● unchanged vs 04-2026 06-2026: 5.8%▲ +1.1 percentage points vs 05-2026 07-2026: 7.8%▲ +2.0 percentage points vs 06-2026 08-2026: 7.8%● unchanged vs 07-2026 09-2026: 8.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 7.4%▼ -0.6 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 31-01-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 0.99, cash €23,496
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 262 days later.
NBB · 4 filings
Position against the passed deadline
30-06-2025 year end31-01-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 29-01-2025, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
2 days early
2023
1 day early
2022
155 days late
2021
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 45 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€7,651
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 January 2026 Financial year closed on 30 June 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 20 October 2026.

Equity
-€275
2023 · €7,376
Total assets
€78,700▼ 36.0%
2023 · €122,877
Net result
-€7,651▼ 197%
2023 · -€2,575
Working capital
-€1,055▲ 94.1%
2023 · -€17,766
Trend over the years

2021 to 2024, 4 financial years

The operating result turns negative in 2024: a loss of €6,601 after €448 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,601 2024 Net result-€7,651 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220232024
Operating result€9,980-€7,380▼ 26.0%€448▼ 93.9%-€6,601
Net result€6,633within the sector's middle half-€2,318within the sector's middle half▼ 65.1%-€2,575below the sector's middle half-€7,651below the sector's middle half▼ 197%
Equity€7,633below the sector's middle half-€9,952below the sector's middle half▲ 30.4%€7,376below the sector's middle half▼ 25.9%-€275below the sector's middle half
Total assets€17,021below the sector's middle half-€65,103within the sector's middle half▲ 282%€122,877within the sector's middle half▲ 88.7%€78,700within the sector's middle half▼ 36.0%
Debt€9,388-€55,151▲ 487%€115,500▲ 109%€78,974▼ 31.6%
Working capital€7,633within the sector's middle half--€15,084below the sector's middle half-€17,766below the sector's middle half▼ 17.8%-€1,055below the sector's middle half▲ 94.1%
Solvency44.8%within the sector's middle half-15.3%below the sector's middle half▼ 29.6pp6.0%below the sector's middle half▼ 9.3pp-0.3%below the sector's middle half▼ 6.4pp
Current ratio1.81within the sector's middle half-0.73below the sector's middle half▼ 1.090.84below the sector's middle half▲ 0.120.99below the sector's middle half▲ 0.14
Return on assets (ROA)39.0%above the sector's middle half-3.6%within the sector's middle half▼ 35.4pp-2.1%below the sector's middle half▼ 5.7pp-9.7%below the sector's middle half▼ 7.6pp
Staff (FTE)22=
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78,700
Fixed assets €781 ▼ 97.0%
Current assets €77,919 ▼ 19.3%
Equity and liabilities
Equity-€275
Debt€78,974
Equity is negative: debt (€78,974) exceeds the balance-sheet total (€78,700).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€6,144▼
2023 · €580
Cash flow
-€7,194▼
2023 · -€2,443
Interest coverage
-6.43▼
2023 · 0.39
Debt ≤ 1 year
€78,974▼
2023 · €114,371
Income taxes
€97▼
2023 · €1,562
Staff costs
€34,778▼
2023 · €72,424
Equity ratios withheld: equity of -€275 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€122,877€78,700▼
Fixed assets21/28€26,272€781▼
Tangible fixed assets22/27€26,272€781▼
Land and buildings22€25,035€0▼
Furniture and vehicles24€1,237€781▼
Current assets29/58€96,604€77,919▼
Amounts receivable within one year40/41€94,159€53,991▼
Trade receivables40€67,083€20,310▼
Other amounts receivable41€27,076€33,680▲
Cash at bank and in hand54/58€2,336€23,496▲
Deferred charges and accrued income490/1€109€433▲
Equity and liabilities
Total equity and liabilities10/49€122,877€78,700▼
Equity10/15€7,376-€275▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€6,376-€1,275▼
Amounts payable17/49€115,500€78,974▼
Amounts payable within one year42/48€114,371€78,974▼
Trade debts44€58,869€38,723▼
Suppliers440/4€58,869€38,723▼
Taxes, remuneration and social security45€22,869€7,618▼
Taxes450/3€7,451€2,115▼
Remuneration and social security454/9€15,417€5,503▼
Other amounts payable47/48€32,633€32,633=
Accrued charges and deferred income492/3€1,130€0▼
Income statement Code20232024
Non-recurring operating income76A-€4,165
Remuneration, social security and pensions62€72,424€34,778▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133€457▲
Other operating charges640/8€527€109▼
Gross operating margin9900€73,531€28,743▼
Operating profit (loss)9901€448-€6,601▼
Financial income75/76B€17€2▼
Recurring financial income75€17€2▼
Financial charges65/66B€1,478€955▼
Recurring financial charges65€1,478€955▼
Profit (loss) for the period before taxes9903-€1,014-€7,554▼
Income taxes67/77€1,562€97▼
Profit (loss) for the period9904-€2,575-€7,651▼
Profit (loss) for the period to be appropriated9905-€2,575-€7,651▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,376-€1,275▼
Profit (loss) brought forward from the previous period14P€8,952€6,376▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Non-recurring operating income76A---€4,165-
Remuneration, social security and pensions62-€55,851€72,424€34,778▼ 52.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€133€457▲ 244%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€15,363---
Other operating charges640/8-€895€527€109▼ 79.3%
Gross operating margin9900€36,349€79,489€73,531€28,743▼ 60.9%
Operating profit (loss)9901€9,980€7,380€448-€6,601-
Financial income75/76B-€0€17€2▼ 88.4%
Recurring financial income75€12€0€17€2▼ 88.4%
Financial charges65/66B-€1,452€1,478€955▼ 35.4%
Recurring financial charges65€7€1,452€1,478€955▼ 35.4%
Profit (loss) for the period before taxes9903€9,984€5,928-€1,014-€7,554▼ 645%
Income taxes67/77€3,351€3,610€1,562€97▼ 93.8%
Profit (loss) for the period9904€6,633€2,318-€2,575-€7,651▼ 197%
Profit (loss) for the period to be appropriated9905€6,633€2,318-€2,575-€7,651▼ 197%
Line2021202220232024Change
Assets
Total assets20/58€17,021€65,103€122,877€78,700▼ 36.0%
Fixed assets21/28-€25,035€26,272€781▼ 97.0%
Tangible fixed assets22/27-€25,035€26,272€781▼ 97.0%
Land and buildings22-€25,035€25,035€0▼ 100%
Furniture and vehicles24--€1,237€781▼ 36.9%
Current assets29/58€17,021€40,068€96,604€77,919▼ 19.3%
Amounts receivable within one year40/41€9,966€39,076€94,159€53,991▼ 42.7%
Trade receivables40-€29,160€67,083€20,310▼ 69.7%
Other amounts receivable41-€9,916€27,076€33,680▲ 24.4%
Cash at bank and in hand54/58€7,056€992€2,336€23,496▲ 906%
Deferred charges and accrued income490/1--€109€433▲ 297%
Equity and liabilities
Total equity and liabilities10/49€17,021€65,103€122,877€78,700▼ 36.0%
Equity10/15€7,633€9,952€7,376-€275-
Contributions10/11-€1,000€1,000€1,000=
Profit (loss) carried forward14€6,633€8,952€6,376-€1,275-
Amounts payable17/49€9,388€55,151€115,500€78,974▼ 31.6%
Amounts payable within one year42/48€9,388€55,151€114,371€78,974▼ 30.9%
Trade debts44€888€3,351€58,869€38,723▼ 34.2%
Suppliers440/4-€3,351€58,869€38,723▼ 34.2%
Taxes, remuneration and social security45-€12,394€22,869€7,618▼ 66.7%
Taxes450/3-€3,797€7,451€2,115▼ 71.6%
Remuneration and social security454/9-€8,597€15,417€5,503▼ 64.3%
Other amounts payable47/48-€39,406€32,633€32,633=
Accrued charges and deferred income492/3--€1,130€0▼ 100%
Line2021202220232024Change
Profit (loss) for the period9904€6,633€2,318-€2,575-€7,651▼ 197%
+ Depreciation and write-downs630--€133€457▲ 244%
Operating cash flow (approximation)€6,633€2,318-€2,443-€7,194▼ 195%
Investment in fixed assets (approximation)---€1,370€25,035-
Change in cash--€6,064€1,344€21,160▲ 1,474%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
30-06-2024 micro format 29-01-2025 2025-00018321
30-06-2023 micro format 30-01-2024 2024-00023972
30-06-2022 micro format 05-07-2023 2023-00213442
30-06-2021 micro format 28-02-2022 2022-06800175

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 November 2020, ID CONSTRUCT was incorporated as a private limited company.1 Total assets went from €17,021 in 2021 to €78,700 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2024

Acts, filings and financial milestones

2025
29-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial Weakest financial yearnet -€7,651
Net result drops to -€7,651, the lowest in the series.
30-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
05-07
NBB filing Annual accounts filed
financial year 2022 · micro format · 155 days late
2022
28-02
NBB filing Annual accounts filed
financial year 2021 · micro format · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded02-11-2020
Financial year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
41002General construction of office buildings
43230Insulation installation
43310Plastering work
43320Joinery installation
46130Agents in the wholesale of timber and building materials
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757736878
Also 9925:BE0757736878
Registered 11-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0757.736.878

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
3,264 m²
Building footprint
151 m²
Building volume
873 m³
Parcel 62055C0918/00Z004, Wallonia · tallest building 6.9 m. Linked by address, not a title deed.
1 establishment unit
ID CONSTRUCT
Rue de la Source(HHZ) 14, 4400 FlémalleGeneral construction of residential buildings
since 2020unit no. 2.312.987.566
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62055C0918/00Z004 Wallonia 3,264 m² 1 · 151 m² 6.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.