ID Construct & co
ActiveSummary
ID Construct & co has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,756 and a net result of -€1,147. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-23
Solvency46▲+3
Growth42=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.57 in 2024; short-term debt: 43.9% and cash: 9.4% of total assets), and 79% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
-2.5%
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
21 d early
2023
30 d late
2022
11 d late
2021
12 d late
2020
4 d late
2019
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 11 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€104,020▲ 4.3%
2021 · €99,765
EBIT margin
-4.8%▼ 6.8pp
2021 · 2.0%
Net result
-€1,147
2024 · €919
Working capital
-€2,542
2024 · €8,852
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€99,765▲ 21.4%€104,020▲ 4.3%
Operating result€1,988-€5,044€118€1,328▲ 1,025%€2,966▲ 123%
Net result€5,662within the sector's middle half-€5,819within the sector's middle half-€479within the sector's middle half▲ 91.8%€919within the sector's middle half-€1,147within the sector's middle half
EBIT margin2.0%▲ 7.3pp-4.8%▼ 6.8pp
Equity€16,282within the sector's middle half▲ 53.3%€10,463below the sector's middle half▼ 35.7%€9,984below the sector's middle half▼ 4.6%€10,903within the sector's middle half▲ 9.2%€9,756within the sector's middle half▼ 10.5%
Total assets€49,433below the sector's middle half▲ 150%€43,641below the sector's middle half▼ 11.7%€35,120below the sector's middle half▼ 19.5%€59,622below the sector's middle half▲ 69.8%€46,449below the sector's middle half▼ 22.1%
Debt€33,151▲ 261%€33,178▲ 0.1%€25,136▼ 24.2%€48,719▲ 93.8%€36,693▼ 24.7%
Working capital€2,355within the sector's middle half▼ 12.1%€2,697within the sector's middle half▲ 14.6%€9,149within the sector's middle half▲ 239%€8,852within the sector's middle half▼ 3.2%-€2,542within the sector's middle half
Solvency32.9%within the sector's middle half▼ 20.7pp24.0%within the sector's middle half▼ 9.0pp28.4%within the sector's middle half▲ 4.5pp18.3%within the sector's middle half▼ 10.1pp21.0%within the sector's middle half▲ 2.7pp
Current ratio1.22within the sector's middle half▼ 0.071.16within the sector's middle half▼ 0.061.63within the sector's middle half▲ 0.471.57within the sector's middle half▼ 0.060.88within the sector's middle half▼ 0.70
Return on assets (ROA)11.5%above the sector's middle half▲ 34.2pp-13.3%below the sector's middle half▼ 24.8pp-1.4%within the sector's middle half▲ 12.0pp1.5%within the sector's middle half▲ 2.9pp-2.5%below the sector's middle half▼ 4.0pp
Staff (FTE)1.23.1
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 123% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,449
Fixed assets
€28,577 ▼ 19.1%
Current assets
€17,872 ▼ 26.4%
Equity and liabilities €46,449
Equity
€9,756 ▼ 10.5%
Debt
€36,693 ▼ 24.7%
Debt's share of the balance-sheet total falls from 81.7% to 79.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,335▼
2024 · €11,057
Cash flow
€6,222▼
2024 · €10,648
Quick ratio
0.74▼
2024 · 1.40
Debt to equity
3.76▼
2024 · 4.47
ROE
-11.8%▼
2024 · 8.4%
Interest coverage
3.85▼
2024 · 26.97
Debt ≤ 1 year
€20,414▲
2024 · €15,433
Debt > 1 year
€15,639▼
2024 · €33,286
Income taxes
€424
Staff costs
€79,007▲
2024 · €48,765
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,165 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
2.6%
went bankrupt
3.0%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,165 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €99,765 | €104,020 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €1,372 | - |
| Goods, raw materials, services and sundry goods60/61 | €95,972 | €96,088 | - | - | - | - |
| Remuneration, social security and pensions62 | €3,396 | €5,317 | €17,671 | €48,765 | €79,007 | ▲ 62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,654 | €15,039 | €12,839 | €9,729 | €7,369 | ▼ 24.3% |
| Other operating charges640/8 | €330 | €442 | €484 | €376 | €563 | ▲ 49.7% |
| Non-recurring operating charges66A | - | - | €314 | - | - | - |
| Gross operating margin9900 | €12,368 | €15,754 | €31,426 | €60,198 | €89,905 | ▲ 49.3% |
| Operating profit (loss)9901 | €1,988 | -€5,044 | €118 | €1,328 | €2,966 | ▲ 123% |
| Financial income75/76B | €4,133 | €0 | - | €1 | €22 | ▲ 2,100% |
| Recurring financial income75 | €1 | €0 | - | €1 | €22 | ▲ 2,100% |
| Non-recurring financial income76B | €4,132 | - | - | - | - | - |
| Financial charges65/66B | €459 | €775 | €597 | €410 | €3,711 | ▲ 805% |
| Recurring financial charges65 | €459 | €775 | €597 | €410 | €2,686 | ▲ 555% |
| Non-recurring financial charges66B | - | - | - | - | €1,025 | - |
| Profit (loss) for the period before taxes9903 | €5,662 | -€5,819 | -€479 | €919 | -€723 | ▼ 179% |
| Income taxes67/77 | - | - | - | - | €424 | - |
| Profit (loss) for the period9904 | €5,662 | -€5,819 | -€479 | €919 | -€1,147 | ▼ 225% |
| Profit (loss) for the period to be appropriated9905 | €5,662 | -€5,819 | -€479 | €919 | -€1,147 | ▼ 225% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49,433 | €43,641 | €35,120 | €59,622 | €46,449 | ▼ 22.1% |
| Fixed assets21/28 | €36,286 | €24,346 | €11,506 | €35,337 | €28,577 | ▼ 19.1% |
| Tangible fixed assets22/27 | €35,161 | €24,021 | €11,181 | €35,012 | €28,252 | ▼ 19.3% |
| Plant, machinery and equipment23 | €3,379 | €1,515 | €1,316 | €1,116 | €917 | ▼ 17.8% |
| Furniture and vehicles24 | €31,782 | €22,506 | €9,865 | €33,896 | €27,335 | ▼ 19.4% |
| Financial fixed assets28 | €1,125 | €325 | €325 | €325 | €325 | = |
| Current assets29/58 | €13,147 | €19,295 | €23,614 | €24,285 | €17,872 | ▼ 26.4% |
| Stocks and contracts in progress3 | - | - | - | €2,750 | €2,750 | = |
| Stocks30/36 | - | - | - | €2,750 | €2,750 | = |
| Amounts receivable within one year40/41 | €3,794 | €11,291 | €7,333 | €12,931 | €1,732 | ▼ 86.6% |
| Trade receivables40 | €1,968 | €11,285 | €206 | €2,458 | €504 | ▼ 79.5% |
| Other amounts receivable41 | €1,825 | €6 | €7,127 | €10,473 | €1,228 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €8,205 | €8,004 | €16,281 | €8,439 | €4,345 | ▼ 48.5% |
| Deferred charges and accrued income490/1 | €1,148 | - | - | €165 | €9,045 | ▲ 5,382% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49,433 | €43,641 | €35,120 | €59,622 | €46,449 | ▼ 22.1% |
| Equity10/15 | €16,282 | €10,463 | €9,984 | €10,903 | €9,756 | ▼ 10.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €691 | €691 | €691 | €691 | €691 | = |
| Non-distributable reserves130/1 | €691 | €691 | - | - | €691 | - |
| Reserves not available under the articles1311 | €691 | €691 | - | - | €691 | - |
| Distributable reserves133 | - | - | €691 | €691 | - | - |
| Profit (loss) carried forward14 | €9,391 | €3,572 | €3,093 | €4,012 | €2,865 | ▼ 28.6% |
| Amounts payable17/49 | €33,151 | €33,178 | €25,136 | €48,719 | €36,693 | ▼ 24.7% |
| Amounts payable after more than one year17 | €22,358 | €16,580 | €10,671 | €33,286 | €15,639 | ▼ 53.0% |
| Financial debts170/4 | €22,358 | €16,580 | €10,671 | €33,286 | €15,639 | ▼ 53.0% |
| Amounts payable within one year42/48 | €10,792 | €16,598 | €14,465 | €15,433 | €20,414 | ▲ 32.3% |
| Current portion of amounts payable after more than one year42 | €5,649 | €5,778 | €5,909 | €9,458 | €10,489 | ▲ 10.9% |
| Trade debts44 | €1,669 | €8,735 | €637 | €1,242 | €8,196 | ▲ 560% |
| Suppliers440/4 | €1,669 | €8,735 | €637 | €1,242 | €8,196 | ▲ 560% |
| Advances received on contracts in progress46 | - | €1,470 | €6,633 | €750 | - | - |
| Taxes, remuneration and social security45 | €1,833 | €550 | €1,282 | €2,418 | €580 | ▼ 76.0% |
| Taxes450/3 | €338 | €550 | - | €275 | €580 | ▲ 111% |
| Remuneration and social security454/9 | €1,495 | - | €1,282 | €2,143 | - | - |
| Other amounts payable47/48 | €1,642 | €65 | €4 | €1,565 | €1,149 | ▼ 26.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €640 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,662 | -€5,819 | -€479 | €919 | -€1,147 | ▼ 225% |
| + Depreciation and write-downs630 | €6,654 | €15,039 | €12,839 | €9,729 | €7,369 | ▼ 24.3% |
| Operating cash flow (approximation) | €12,316 | €9,219 | €12,360 | €10,648 | €6,222 | ▼ 41.6% |
| Investment in fixed assets (approximation) | - | -€3,099 | €1 | -€33,560 | -€609 | ▲ 98.2% |
| Change in cash | - | -€201 | €8,277 | -€7,842 | -€4,094 | ▲ 47.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €919
Net result €919 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Weakest financial yearnet -€5,819
Net result drops to -€5,819, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €5,662
Net result €5,662 after 3 loss-making years.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Soignies · 1 establishment unit since 2015
Ground area
977 m²
Building footprint
215 m²
Parcel 55028D0316/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ID Construct.rs
since 20152.238.960.532
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55028D0316/00D000 | Wallonia | 977 m² | 1 · 215 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,392. 3,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43320Joinery installation
68122Development of non-residential building projects
43110Demolition
43211General electrical installation work
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0568952510
Also
9925:BE0568952510
Registered
26-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.