IDAF CONSTRUCT
Dissolution or liquidationSummary
The KBO register records for IDAF CONSTRUCT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €286,396 and a net result of €154,570.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€525,696▲ 29.1%
2021 · €407,309
EBIT margin
28.5%▲ 22.6pp
2021 · 6.0%
Net result
€154,570▲ 410%
2021 · €30,287
Working capital
€290,348▲ 47.3%
2021 · €197,114
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€407,309€525,696▲ 29.1%
Operating result€38,587--€11,976€40,017€24,252▼ 39.4%€150,002▲ 519%
Net result€35,915--€12,668€46,914above the sector's middle half€30,287above the sector's middle half▼ 35.4%€154,570above the sector's middle half▲ 410%
EBIT margin6.0%28.5%▲ 22.6pp
Equity€127,293-€114,625▼ 10.0%€161,539above the sector's middle half▲ 40.9%€191,826above the sector's middle half▲ 18.7%€286,396above the sector's middle half▲ 49.3%
Total assets€156,240-€148,501▼ 5.0%€219,135within the sector's middle half▲ 47.6%€238,659within the sector's middle half▲ 8.9%€328,974above the sector's middle half▲ 37.8%
Debt€28,947-€33,876▲ 17.0%€57,596▲ 70.0%€46,833▼ 18.7%€42,579▼ 9.1%
Working capital€126,651-€113,713▼ 10.2%€169,327above the sector's middle half▲ 48.9%€197,114above the sector's middle half▲ 16.4%€290,348above the sector's middle half▲ 47.3%
Solvency81.5%-77.2%▼ 4.3pp73.7%above the sector's middle half▼ 3.5pp80.4%above the sector's middle half▲ 6.7pp87.1%above the sector's middle half▲ 6.7pp
Current ratio5.39-4.36▼ 1.034.46above the sector's middle half▲ 0.116.17above the sector's middle half▲ 1.719.57above the sector's middle half▲ 3.40
Return on assets (ROA)23.0%--8.5%▼ 31.5pp21.4%above the sector's middle half▲ 29.9pp12.7%within the sector's middle half▼ 8.7pp47.0%above the sector's middle half▲ 34.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 519% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €328,974
Fixed assets
€4,748 ▲ 39.2%
Current assets
€324,226 ▲ 37.8%
Equity and liabilities €328,974
Equity
€286,396 ▲ 49.3%
Debt
€42,579 ▼ 9.1%
Debt's share of the balance-sheet total falls from 19.6% to 12.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€153,915
Cash flow
€158,484
Debt to equity
0.15▼
2021 · 0.24
ROE
54.0%▲
2021 · 15.8%
Interest coverage
2031.89
Debt ≤ 1 year
€33,879▼
2021 · €38,133
Debt > 1 year
€8,700=
2021 · €8,700
Staff costs
€15,829▲
2021 · €14,554
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €407,309 | €525,696 | ▲ 29.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €365,810 | €352,294 | ▼ 3.7% |
| Remuneration, social security and pensions62 | - | - | - | €14,554 | €15,829 | ▲ 8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,088 | €600 | - | - | €3,913 | - |
| Other operating charges640/8 | - | - | - | €2,694 | €3,657 | ▲ 35.8% |
| Gross operating margin9900 | €54,554 | -€9,828 | €58,835 | €41,500 | €173,402 | ▲ 318% |
| Operating profit (loss)9901 | €38,587 | -€11,976 | €40,017 | €24,252 | €150,002 | ▲ 519% |
| Financial income75/76B | - | - | - | €6,632 | €4,644 | ▼ 30.0% |
| Recurring financial income75 | - | - | €7,604 | €6,632 | €4,644 | ▼ 30.0% |
| Financial charges65/66B | - | - | - | €597 | €76 | ▼ 87.3% |
| Recurring financial charges65 | €952 | €692 | €707 | €597 | €76 | ▼ 87.3% |
| Profit (loss) for the period before taxes9903 | €37,635 | -€12,668 | €46,914 | €30,287 | €154,570 | ▲ 410% |
| Income taxes67/77 | €1,720 | - | - | - | - | - |
| Profit (loss) for the period9904 | €35,915 | -€12,668 | €46,914 | €30,287 | €154,570 | ▲ 410% |
| Profit (loss) for the period to be appropriated9905 | €35,915 | -€12,668 | €46,914 | €30,287 | €154,570 | ▲ 410% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156,240 | €148,501 | €219,135 | €238,659 | €328,974 | ▲ 37.8% |
| Fixed assets21/28 | €725 | €912 | €912 | €3,412 | €4,748 | ▲ 39.2% |
| Tangible fixed assets22/27 | €600 | - | - | €2,500 | €3,087 | ▲ 23.5% |
| Furniture and vehicles24 | - | - | - | €2,500 | €3,087 | ▲ 23.5% |
| Financial fixed assets28 | €125 | €912 | €912 | €912 | €1,662 | ▲ 82.3% |
| Current assets29/58 | €155,515 | €147,590 | €218,223 | €235,247 | €324,226 | ▲ 37.8% |
| Amounts receivable within one year40/41 | €143,094 | €137,235 | €215,613 | €220,034 | €312,479 | ▲ 42.0% |
| Trade receivables40 | - | - | - | €8,661 | €100,417 | ▲ 1,059% |
| Other amounts receivable41 | - | - | - | €211,372 | €212,063 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €11,784 | €9,661 | €1,644 | €4,444 | €13 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | - | - | - | €10,769 | €11,734 | ▲ 9.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156,240 | €148,501 | €219,135 | €238,659 | €328,974 | ▲ 37.8% |
| Equity10/15 | €127,293 | €114,625 | €161,539 | €191,826 | €286,396 | ▲ 49.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €106,833 | €94,165 | €141,079 | €171,366 | €265,936 | ▲ 55.2% |
| Amounts payable17/49 | €28,947 | €33,876 | €57,596 | €46,833 | €42,579 | ▼ 9.1% |
| Amounts payable after more than one year17 | - | - | €8,700 | €8,700 | €8,700 | = |
| Financial debts170/4 | - | - | - | €8,700 | €8,700 | = |
| Amounts payable within one year42/48 | €28,864 | €33,876 | €48,896 | €38,133 | €33,879 | ▼ 11.2% |
| Financial debts43 | - | - | - | - | €17,329 | - |
| Credit institutions430/8 | - | - | - | - | €17,329 | - |
| Trade debts44 | €3,864 | €26,458 | €45,006 | €38,133 | - | - |
| Suppliers440/4 | - | - | - | €38,133 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €4,258 | - |
| Taxes450/3 | - | - | - | - | €4,258 | - |
| Other amounts payable47/48 | - | - | - | - | €12,291 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,915 | -€12,668 | €46,914 | €30,287 | €154,570 | ▲ 410% |
| + Depreciation and write-downs630 | €1,088 | €600 | - | - | €3,913 | - |
| Operating cash flow (approximation) | €37,003 | -€12,068 | €46,914 | €30,287 | €158,484 | ▲ 423% |
| Investment in fixed assets (approximation) | - | -€787 | €0 | -€2,500 | -€5,250 | ▼ 110% |
| Change in cash | - | -€2,122 | -€8,018 | €2,801 | -€4,432 | ▼ 258% |
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
2025
15-12
KBO administration
Address struck
Jacobs Fontainestraat Die Sitzadresse Rue Jacobs Fontaine / Jacobs
1090 Jette · event 23-07-2025
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2018net €154,570 ▲410%
Operating result €150,002, net result €154,570, both a record.
31-12
Financial
Equity above €200,000Eq €286,396 ▲49.3%
3 profitable years in a row build equity to €286,396.
20-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 112 days late
2021
18-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 49 days late
2020
31-12
Financial
Back to profitnet €46,914
Net result €46,914 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €161,539 ▲40.9%
Equity rises from €114,625 to €161,539.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet -€12,668
Net result drops to -€12,668, the lowest in the series.
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 135 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
Show earlier events
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
18-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 18 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Jette · 1 establishment unit since 2005
Ground area
243 m²
Building footprint
140 m²
Volume, LiDAR
1,592 m³
2 parcels, Brussels · tallest building 15.1 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Idaf Construct
since 20052.148.739.446
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0202/00T002 | Brussels | 173 m² | 1 · 77 m² | 13.7 m · 4 fl. |
| 21463D0398/00H003 | Brussels | 71 m² | 1 · 63 m² | 15.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 11,130 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 (pre-2019)
Founded04-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
Phone
0498/103846Sint-Agatha-Berchem
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.