IDEA Construct
ActiveIDEA Construct has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €20k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-11
Solvency63▼-19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.86 in 2024; short-term debt: 45.6% and cash: 18.9% of total assets), but 61.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 2025Solvency, return and age of the figures
Solvency
38.1%
Return on assets
9%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
9 d early
2024
14 d early
2023
69 d late
2022
70 d late
2021
31 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€223k▲ 97.8%
2024 · €113k
2021: €230k
2022: €184k
2023: €155k
2024: €113k
2021 → 2025
Net result
€20k▼ 1.5%
2024 · €20k
2021: €128k
2022: €-14k
2023: €14k
2024: €20k
2021 → 2025
Working capital
€61k▲ 57.3%
2024 · €39k
2021: €103k
2022: €93k
2023: €109k
2024: €39k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-
Equity€131k-€117k▼ 11.0%€131k▲ 11.9%€65k▼ 50.5%€85k▲ 31.1%
Operating result€173k-€-13k€22k€27k▲ 25.1%€29k▲ 6.9%
Net result€128k-€-14k€14k€20k▲ 47.6%€20k▼ 1.5%
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 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€61k▲ 106%
Current assets
€162k▲ 94.8%
Equity and liabilities €223k
Equity
€85k▲ 31.1%
Debt
€138k▲ 188%
The debt ratio rises from 42.5% to 61.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €42k
Cash flow
€41k▲
2024 · €35k
Solvency
38.1%▼
2024 · 57.5%
Current ratio
1.60▼
2024 · 1.86
Quick ratio
1.50▼
2024 · 1.86
Debt / equity
1.62▲
2024 · 0.74
ROE
23.7%▼
2024 · 31.6%
ROA
9.0%▼
2024 · 18.2%
Interest coverage
15.32▼
2024 · 55.07
Debt
€138k▲
2024 · €48k
Debt ≤ 1 year
€102k▲
2024 · €45k
Debt > 1 year
€36k▲
2024 · €3k
Income taxes
€6k▼
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€223k▲
Fixed assets21/28€29k€61k▲
Tangible fixed assets22/27€29k€61k▲
Plant, machinery and equipment23€713€317▼
Furniture and vehicles24€29k€12k▼
Leasing and similar rights25-€48k
Current assets29/58€83k€162k▲
Stocks and contracts in progress3-€10k
Stocks30/36-€10k
Amounts receivable within one year40/41€57k€102k▲
Trade receivables40€50k€88k▲
Other amounts receivable41€7k€14k▲
Cash at bank and in hand54/58€19k€42k▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€113k€223k▲
Equity10/15€65k€85k▲
Contributions10/11€1k€1k=
Reserves13€440€440=
Distributable reserves133€440€440=
Profit (loss) carried forward14€63k€83k▲
Amounts payable17/49€48k€138k▲
Amounts payable after more than one year17€3k€36k▲
Financial debts170/4€3k€36k▲
Amounts payable within one year42/48€45k€102k▲
Current portion of amounts payable after more than one year42€5k€14k▲
Trade debts44€8k€34k▲
Suppliers440/4€8k€34k▲
Taxes, remuneration and social security45€27k€18k▼
Taxes450/3€27k€18k▼
Other amounts payable47/48€4k€36k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-27k-
Other operating charges640/8€29k€5k▼
Gross operating margin9900€44k€55k▲
Operating profit (loss)9901€27k€29k▲
Financial income75/76B€0€165▲
Recurring financial income75€0€165▲
Financial charges65/66B€768€3k▲
Recurring financial charges65€768€3k▲
Profit (loss) for the period before taxes9903€27k€26k▼
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€20k€20k▼
Profit (loss) for the period to be appropriated9905€20k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€83k▼
Profit (loss) brought forward from the previous period14P€130k€63k▼
Profit to be distributed694/7€88k-
Return on contributions (dividend)694€88k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 8.14
Current ratio from 2.84 to 8.14; short-term debt falls from €51k to €15k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-14k ▼111%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Meise · 1 establishment unit since 2014
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.
Krogstraat 1491860 MeiseGround area
591 m²
Building footprint
181 m²
Volume, LiDAR
820 m³
Parcel 23050G0008/00H002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IDEA Construct
since 20142.235.571.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050G0008/00H002 | Flanders | 591 m² | 1 · 181 m² | 8.0 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesIDEA Construct BV44755
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NIVIMATS
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ISOTECH INDUSTRIES
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Of 363 companies in sector 25210 we hold annual accounts for 281. 150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2014
Fiscal year end31-12
Activities, NACEBEL
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
43120Site preparation
43320Joinery installation
43341Painting of buildings
43422Screed work
81300Landscape service activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.