IDEAL CONSTRUCT
Dissolution or liquidationOverview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€214,928turnover 2025
- Equity
- €131,135
- Loss
- -€15,119
Financial health
Dissolution or liquidation: no score
Signalsraises riskRegister: dissolution or liquidation2025 accounts filed 65 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · 2025 accounts filed 65 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-10-2026, 65 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
65 days late
2024
430 days late
2023
795 days late
2022
283 days late
2021
648 days late
2020
291 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 419 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (65 days) Filed on 4 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00546543.
Turnover
€214,928▲ 23.9%
2024 · €173,530
EBIT margin
2.3%▼ 4.6pp
2024 · 6.9%
Net result
-€15,119
2024 · €10,365
Working capital
€130,794▼ 12.6%
2024 · €149,706
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result falls in 2025; 2025 is 59% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€214,928
2025
Operating result€4,971
2025
Net result-€15,119
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€158,858
2025
Equity€131,135
2025
Debt€27,723
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€130,794
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.3%
2025
Return on assets (ROA)-9.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio6.16
2025
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
Line202020212022202320242025
Turnover€129,413-€129,230▼ 0.1%€166,504▲ 28.8%€22,585▼ 86.4%€173,530▲ 668%€214,928▲ 23.9%
Operating result€12,748-€20,383▲ 59.9%€11,786▼ 42.2%-€308,407€12,039€4,971▼ 58.7%
Net result€9,755within the sector's middle half-€18,701within the sector's middle half▲ 91.7%€10,107within the sector's middle half▼ 46.0%-€310,265below the sector's middle half€10,365within the sector's middle half-€15,119below the sector's middle half
EBIT margin9.9%-15.8%▲ 5.9pp7.1%▼ 8.7pp-1365.6%▼ 1372.6pp6.9%▲ 1372.5pp2.3%▼ 4.6pp
Equity€25,000within the sector's middle half-€43,700within the sector's middle half▲ 74.8%€53,807within the sector's middle half▲ 23.1%€135,890within the sector's middle half▲ 153%€146,255within the sector's middle half▲ 7.6%€131,135within the sector's middle half▼ 10.3%
Total assets€79,384within the sector's middle half-€77,057within the sector's middle half▼ 2.9%€130,374within the sector's middle half▲ 69.2%€201,095below the sector's middle half▲ 54.2%€157,510below the sector's middle half▼ 21.7%€158,858below the sector's middle half▲ 0.9%
Debt€54,385-€33,356▼ 38.7%€76,567▲ 130%€65,205▼ 14.8%€11,255▼ 82.7%€27,723▲ 146%
Working capital€23,630within the sector's middle half-€41,091within the sector's middle half▲ 73.9%€52,079within the sector's middle half▲ 26.7%€142,519within the sector's middle half▲ 174%€149,706within the sector's middle half▲ 5.0%€130,794within the sector's middle half▼ 12.6%
Solvency31.5%within the sector's middle half-56.7%within the sector's middle half▲ 25.2pp41.3%within the sector's middle half▼ 15.4pp67.6%above the sector's middle half▲ 26.3pp92.9%above the sector's middle half▲ 25.3pp82.5%above the sector's middle half▼ 10.3pp
Current ratio1.43within the sector's middle half-2.23within the sector's middle half▲ 0.801.68within the sector's middle half▼ 0.553.58above the sector's middle half▲ 1.9043.54above the sector's middle half▲ 39.966.16above the sector's middle half▼ 37.38
Return on assets (ROA)12.3%within the sector's middle half-24.3%above the sector's middle half▲ 12.0pp7.8%within the sector's middle half▼ 16.5pp-154.3%below the sector's middle half▼ 162.0pp6.6%within the sector's middle half▲ 160.9pp-9.5%below the sector's middle half▼ 16.1pp
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.
Why a figure moved sharply
- 2023 Turnover -86% on 2022. The accounts now follow the full format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,858
Fixed assets
€2,696 ▼ 37.1%
Current assets
€156,162 ▲ 1.9%
Equity and liabilities €158,858
Equity
€131,135 ▼ 10.3%
Debt
€27,723 ▲ 146%
Debt's share of the balance-sheet total rises from 7.1% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,560▼
2024 · €13,629
Cash flow
-€13,530▼
2024 · €11,954
Debt to equity
0.21▲
2024 · 0.08
ROE
-11.5%▼
2024 · 7.1%
Interest coverage
5.28▼
2024 · 8.14
Debt ≤ 1 year
€25,368▲
2024 · €3,519
Income taxes
€18,848
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €129,413 | €129,230 | €166,504 | €22,585 | €173,530 | €214,928 | ▲ 23.9% |
| Goods, raw materials, services and sundry goods60/61 | €118,839 | €124,083 | €153,242 | €327,684 | €159,029 | €207,036 | ▲ 30.2% |
| Remuneration, social security and pensions62 | €160 | €101 | €36 | €742 | €79 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €456 | €880 | €880 | €1,062 | €1,589 | €1,589 | = |
| Other operating charges640/8 | €787 | €508 | €559 | €1,808 | €794 | €1,333 | ▲ 68.0% |
| Gross operating margin9900 | €14,151 | €21,874 | €13,262 | -€304,795 | €14,501 | €7,893 | ▼ 45.6% |
| Operating profit (loss)9901 | €12,748 | €20,383 | €11,786 | -€308,407 | €12,039 | €4,971 | ▼ 58.7% |
| Financial income75/76B | - | - | - | €4 | - | - | - |
| Recurring financial income75 | - | - | - | €4 | - | - | - |
| Financial charges65/66B | €2,992 | €1,683 | €1,679 | €1,862 | €1,675 | €1,242 | ▼ 25.8% |
| Recurring financial charges65 | €2,356 | €1,683 | €1,679 | €1,862 | €1,675 | €1,242 | ▼ 25.8% |
| Non-recurring financial charges66B | €637 | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €9,755 | €18,701 | €10,107 | -€310,265 | €10,365 | €3,728 | ▼ 64.0% |
| Income taxes67/77 | - | - | - | - | - | €18,848 | - |
| Profit (loss) for the period9904 | €9,755 | €18,701 | €10,107 | -€310,265 | €10,365 | -€15,119 | - |
| Profit (loss) for the period to be appropriated9905 | €9,755 | €18,701 | €10,107 | -€310,265 | €10,365 | -€15,119 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €79,384 | €77,057 | €130,374 | €201,095 | €157,510 | €158,858 | ▲ 0.9% |
| Fixed assets21/28 | €1,369 | €2,609 | €1,728 | €3,238 | €4,285 | €2,696 | ▼ 37.1% |
| Tangible fixed assets22/27 | €1,369 | €2,609 | €1,728 | €3,238 | €4,285 | €2,696 | ▼ 37.1% |
| Land and buildings22 | - | €0 | - | €359 | €359 | €359 | = |
| Furniture and vehicles24 | €1,369 | €2,609 | €1,728 | €2,879 | €3,926 | €2,337 | ▼ 40.5% |
| Current assets29/58 | €78,015 | €74,448 | €128,646 | €197,857 | €153,225 | €156,162 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €51,196 | €43,502 | €97,701 | €150,851 | €94,485 | €79,012 | ▼ 16.4% |
| Trade receivables40 | €42,165 | €14,964 | €41,184 | €72,176 | €24,256 | €732 | ▼ 97.0% |
| Other amounts receivable41 | €9,031 | €28,539 | €56,516 | €78,675 | €70,229 | €78,280 | ▲ 11.5% |
| Cash at bank and in hand54/58 | €19,457 | €29,716 | €29,716 | €47,006 | €58,739 | €77,150 | ▲ 31.3% |
| Deferred charges and accrued income490/1 | €7,362 | €1,229 | €1,229 | - | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €79,384 | €77,057 | €130,374 | €201,095 | €157,510 | €158,858 | ▲ 0.9% |
| Equity10/15 | €25,000 | €43,700 | €53,807 | €135,890 | €146,255 | €131,135 | ▼ 10.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €500 | €500 | €500 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | €500 | €500 | €500 | €500 | €500 | €500 | = |
| Legal reserve130 | €500 | €500 | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €19,500 | €38,200 | €48,307 | €130,390 | €140,755 | €125,635 | ▼ 10.7% |
| Amounts payable17/49 | €54,385 | €33,356 | €76,567 | €65,205 | €11,255 | €27,723 | ▲ 146% |
| Amounts payable within one year42/48 | €54,385 | €33,356 | €76,567 | €55,338 | €3,519 | €25,368 | ▲ 621% |
| Trade debts44 | €54,385 | €9,361 | €36,213 | €55,338 | €3,519 | €25,368 | ▲ 621% |
| Suppliers440/4 | €54,385 | €9,361 | €36,213 | €55,338 | €3,519 | €25,368 | ▲ 621% |
| Taxes, remuneration and social security45 | €0 | €13,112 | €25,361 | €0 | €0 | €0 | - |
| Taxes450/3 | €0 | €13,112 | €25,361 | - | - | - | - |
| Other amounts payable47/48 | - | €10,883 | €14,993 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €9,867 | €7,736 | €2,355 | ▼ 69.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,755 | €18,701 | €10,107 | -€310,265 | €10,365 | -€15,119 | - |
| + Depreciation and write-downs630 | €456 | €880 | €880 | €1,062 | €1,589 | €1,589 | = |
| Operating cash flow (approximation) | €10,211 | €19,581 | €10,987 | -€309,203 | €11,954 | -€13,530 | - |
| Investment in fixed assets (approximation) | - | -€2,120 | €0 | -€2,572 | -€2,636 | €0 | - |
| Change in cash | - | €10,259 | €0 | €17,290 | €11,733 | €18,410 | ▲ 56.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 04-10-2026 | 2026-00546543 |
| 31-12-2024 | full format | 04-10-2026 | 2026-00547331 |
| 31-12-2023 | full format | 04-10-2026 | 2026-00546770 |
| 31-12-2022 | micro format | 09-05-2024 | 2024-00085512 |
| 31-12-2021 | micro format | 09-05-2024 | 2024-00085514 |
| 31-12-2020 | micro format | 18-05-2022 | 2022-20028692 |
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Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,303. 13,022 are within a factor 10 of this equity. These 5 are the closest to it. 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
1 director, last change in 2024
PACI Stefano
CurrentDirector (not named in the articles) · since 29-03-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PACI Stefano |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Bâti Conseil
via PACI Stefano · Director (not named in the articles)
→
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
04-10
NBB filing
Annual accounts filed
financial year 2025 · full format · 65 days late
04-10
NBB filing
Annual accounts filed
financial year 2024 · full format · 430 days late
04-10
NBB filing
Annual accounts filed
financial year 2023 · full format · 795 days late
22-09
Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Charleroi division · liquidator: Meunier Violette · judgment of 07-09-2026
2024
31-12
Financial
Back to profitnet €10,365
Net result €10,365 after one loss-making year.
31-12
Financial
Liquidity more than 12 timescurrent ratio 43.54
Current ratio from 3.58 to 43.54; short-term debt falls from €55,338 to €3,519.
09-05
NBB filing
Annual accounts filed
financial year 2022 · micro format · 283 days late
09-05
NBB filing
Annual accounts filed
financial year 2021 · micro format · 648 days late
29-03
Gazette deed
Resignation: PACI Stefano (manager)Appointment: PACI Stefano (director) · Amendment of the articles · Purpose change12 facts ▸
Gazette deed
Resignation: PACI Stefano (manager)
Appointment: PACI Stefano (director) · Amendment of the articles · Purpose change12 facts ▸
- General meeting, 18-03-2024
- Amendment of the articles (2 times)
- Other provision, “rapport de l’organe d’administration justifiant de la nécessité de la modification de l’objet, parfaite connaissance depuis plus de 15 jours” (deed in French)
- Purpose change
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director resignation, PACI Stefano (manager)
- Director discharge, PACI Stefano
- Director appointment, PACI Stefano (director (not named in the articles))
- Registered-office move, 7170 Manage,Boulevard Tiberghien,10c
- Power of attorney, Virginie DROULEZ
- Other provision, “unanimité voix, unanimité et clôture” (deed in French)
2023
31-12
Financial
Weakest financial yearnet -€310,265
Net result drops to -€310,265, the lowest in the series.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.58
Current ratio from 1.68 to 3.58; short-term debt falls from €76,567 to €55,338.
31-12
Financial
Equity above €100,000equity €135,890 ▲153%
Equity rises from €53,807 to €135,890.
2022
18-05
NBB filing
Annual accounts filed
financial year 2020 · micro format · 291 days late
2021
31-12
Financial
Highest result from 2020 to 2025net €18,701 ▲91.7%
Operating result €20,383, net result €18,701, both a record.
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded08-02-2019
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0720486603
Registered
30-12-2025
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Recognised contractor
1 categoryIDEAL CONSTRUCT SRLapproval no. 41406
- C1 Ordinary sewer worksclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Manage · 1 establishment unit since 2019
Ground area
2,331 m²
Building footprint
475 m²
Building volume
1,441 m³
2 parcels, Wallonia · tallest building 6.1 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue de Basècles(BLA) 19, 7321 Bernissart
since 2019unit no. 2.285.788.172
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57009B0152/00F000 | Wallonia | 2,276 m² | 1 · 412 m² | 6.1 m · 1 |
| 52043A0152/00W002 | Wallonia | 55 m² | 1 · 63 m² | - |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IDEAL CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de l’organe…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, personnes physiques ou morales” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, nullité” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Ouverture de la souscription, courrier électronique” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modifications statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution quelque cause moment, assemblée majorité simple désigner fixer pouvoirs émoluments” (deed in French)