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IDconstruction

Active
Private limited companyfounded 20233 yrs activeBissegemstraat 33, 8560 Wevelgem, BelgiumKBO/BCE: BE 0805.888.767
Summary

IDconstruction has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €5k. Its solvency ranks better than 94% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+71
Growth78
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 18.54 against 1.05 in 2024; short-term debt: 5.4% and cash: 96.5% of total assets), and 5.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.6%
Return on assets
83.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 2 filings
Deviation from the deadline
2025
28 d late
2024
26 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IDconstruction was incorporated on 15 September 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€6k▲ 758%
2024 · €654
Total assets
€6k▼ 60.8%
2024 · €15k
Net result
€5k
2024 · €-4k
Working capital
€6k▲ 758%
2024 · €654
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€-4k-€5k
Net result€-4k-€5k
Equity€654-€6k▲ 758%
Total assets€15k-€6k▼ 60.8%
Debt€14k-€320▼ 97.8%
Working capital€654-€6k▲ 758%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€-3k€0€3k€5kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4kOperating result 2025: €5k€5kNet result 2025: €5k€5k20242025€-5k€-2.5k€0€2.5k€5kOperating result 2024: €-4k€-4.3kNet result 2024: €-4k€-4.3kOperating result 2025: €5k€5.3kNet result 2025: €5k€5k20242025
The operating result returns to profit in 2025: €5k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6k
Equity €6k ▲ 758%
Debt €320 ▼ 97.8%
Debt's share of the balance-sheet total falls from 95.7% to 5.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
18.54▲
2024 · 1.05
Debt to equity
0.06
ROE
88.4%
ROA
83.6%▲
2024 · -28.7%
Debt ≤ 1 year
€320▼
2024 · €14k
Income taxes
€154
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 · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€15k€6k▼
Current assets29/58€15k€6k▼
Stocks and contracts in progress3€12k€0▼
Contracts in progress37€12k€0▼
Amounts receivable within one year40/41€461€208▼
Other amounts receivable41€461€208▼
Cash at bank and in hand54/58€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€15k€6k▼
Equity10/15€654€6k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-4k€614▲
Amounts payable17/49€14k€320▼
Amounts payable within one year42/48€14k€320▼
Trade debts44€4k€167▼
Suppliers440/4€4k€167▼
Advances received on contracts in progress46€10k€0▼
Taxes, remuneration and social security45-€154
Taxes450/3-€154
Income statement Code20242025
Other operating charges640/8€898€678▼
Gross operating margin9900€-3k€6k▲
Operating profit (loss)9901€-4k€5k▲
Financial charges65/66B€38€150▲
Recurring financial charges65€38€150▲
Profit (loss) for the period before taxes9903€-4k€5k▲
Income taxes67/77-€154
Profit (loss) for the period9904€-4k€5k▲
Profit (loss) for the period to be appropriated9905€-4k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€614▲
Profit (loss) brought forward from the previous period14P-€-4k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€898€678▼ 24.5%
Gross operating margin9900€-3k€6k▲ 274%
Operating profit (loss)9901€-4k€5k▲ 222%
Financial charges65/66B€38€150▲ 300%
Recurring financial charges65€38€150▲ 300%
Profit (loss) for the period before taxes9903€-4k€5k▲ 218%
Income taxes67/77-€154-
Profit (loss) for the period9904€-4k€5k▲ 214%
Profit (loss) for the period to be appropriated9905€-4k€5k▲ 214%
Line20242025Change
Assets
Total assets20/58€15k€6k▼ 60.8%
Current assets29/58€15k€6k▼ 60.8%
Stocks and contracts in progress3€12k€0▼ 100%
Contracts in progress37€12k€0▼ 100%
Amounts receivable within one year40/41€461€208▼ 54.9%
Other amounts receivable41€461€208▼ 54.9%
Cash at bank and in hand54/58€3k€6k▲ 93.6%
Equity and liabilities
Total equity and liabilities10/49€15k€6k▼ 60.8%
Equity10/15€654€6k▲ 758%
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-4k€614▲ 114%
Amounts payable17/49€14k€320▼ 97.8%
Amounts payable within one year42/48€14k€320▼ 97.8%
Trade debts44€4k€167▼ 96.3%
Suppliers440/4€4k€167▼ 96.3%
Advances received on contracts in progress46€10k€0▼ 100%
Taxes, remuneration and social security45-€154-
Taxes450/3-€154-
Line20242025Change
Profit (loss) for the period9904€-4k€5k▲ 214%
Operating cash flow (approximation)€-4k€5k▲ 214%
Change in cash-€3k-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial Liquidity times 18current ratio 18.54
Current ratio from 1.05 to 18.54; short-term debt falls from €14k to €320.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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

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Directors · office · real estate

Directors
1 act for this company is 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, Wevelgem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
468 m²
Building footprint
238 m²
Volume, LiDAR
1,525 m³
Parcel 34012C0117/00K000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
IDconstruction
Bissegemstraat 33, 8560 WevelgemConstruction of residential and non-residential buildings
since 20232.349.763.137
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012C0117/00K000 Flanders 468 m² 1 · 238 m² 9.4 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 2,372 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
Founded15-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
43110Demolition
62200Computer consultancy and computer facilities management
68110Buying and selling of own real estate

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