IDEAL CONSTRUCT GROUP
ActiveSummary
The computed 12-month bankruptcy probability of IDEAL CONSTRUCT GROUP is 2.8% (moderate). The 2025 annual accounts show equity of €372,659 and a net result of €37,771. Equity is growing by ~63.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 7564 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-17
Solvency85▲+29
Growth78=
Track record84
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.77 against 1.94 in 2024; short-term debt: 39.3% and cash: 5% of total assets), and 39.7% of the assets are financed with debt.
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Signals
Seven 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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 2025Solvency, return and age of the figures
Solvency
60.3%
Return on assets
6.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
151 d late
2023
97 d late
2022
7 d early
2021
31 d late
2020
30 d late
2019
1 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 43 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37,771▼ 81.7%
2024 · €206,404
Working capital
-€56,495
2024 · €493,075
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
Line20212022202320242025
Operating result€16,896▼ 3.0%€17,522▲ 3.7%€72,687▲ 315%€227,931▲ 214%€78,832▼ 65.4%
Net result€8,782within the sector's middle half▼ 24.9%€8,334within the sector's middle half▼ 5.1%€73,713above the sector's middle half▲ 784%€206,404above the sector's middle half▲ 180%€37,771above the sector's middle half▼ 81.7%
Equity€40,866within the sector's middle half▲ 27.4%€49,200below the sector's middle half▲ 20.4%€122,913above the sector's middle half▲ 150%€329,318above the sector's middle half▲ 168%€372,659above the sector's middle half▲ 13.2%
Total assets€339,716above the sector's middle half▲ 23.1%€1.1mwithin the sector's middle half▲ 212%€1.4mabove the sector's middle half▲ 31.8%€1.0mabove the sector's middle half▼ 25.1%€618,381above the sector's middle half▼ 40.9%
Debt€298,850▲ 22.6%€1.0m▲ 238%€1.3m▲ 26.0%€717,531▼ 43.7%€245,722▼ 65.8%
Working capital-€98,152€210,812€211,844▲ 0.5%€493,075▲ 133%-€56,495
Solvency12.0%below the sector's middle half▲ 0.4pp4.6%below the sector's middle half▼ 7.4pp8.8%below the sector's middle half▲ 4.2pp31.5%within the sector's middle half▲ 22.7pp60.3%within the sector's middle half▲ 28.8pp
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 falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €618,381
Fixed assets
€431,561 ▲ 1,265%
Current assets
€186,820 ▼ 81.6%
Equity and liabilities €618,381
Equity
€372,659 ▲ 13.2%
Debt
€245,722 ▼ 65.8%
Debt's share of the balance-sheet total falls from 68.5% to 39.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€87,286▼
2024 · €233,475
Cash flow
€46,225▼
2024 · €211,949
Current ratio
0.77▼
2024 · 1.94
Debt to equity
0.66▼
2024 · 2.18
ROE
10.1%▼
2024 · 62.7%
ROA
6.1%▼
2024 · 19.7%
Interest coverage
51.74▼
2024 · 81.81
Debt ≤ 1 year
€243,315▼
2024 · €522,165
Income taxes
€43,741▲
2024 · €20,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €300 | €13,879 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €219 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,897 | €799 | €2,060 | €5,544 | €8,454 | ▲ 52.5% |
| Other operating charges640/8 | - | €8,711 | €553 | €826 | €3,707 | ▲ 349% |
| Gross operating margin9900 | €22,075 | €27,032 | €75,519 | €234,301 | €90,993 | ▼ 61.2% |
| Operating profit (loss)9901 | €16,896 | €17,522 | €72,687 | €227,931 | €78,832 | ▼ 65.4% |
| Financial income75/76B | - | €394 | €475 | €1,328 | €4,367 | ▲ 229% |
| Recurring financial income75 | €7 | €394 | €475 | €1,328 | €4,367 | ▲ 229% |
| Financial charges65/66B | - | €4,016 | €650 | €2,854 | €1,687 | ▼ 40.9% |
| Recurring financial charges65 | €352 | €4,016 | €650 | €2,854 | €1,687 | ▼ 40.9% |
| Profit (loss) for the period before taxes9903 | €16,551 | €13,900 | €72,512 | €226,404 | €81,512 | ▼ 64.0% |
| Income taxes67/77 | €7,769 | €5,566 | -€1,202 | €20,000 | €43,741 | ▲ 119% |
| Profit (loss) for the period9904 | €8,782 | €8,334 | €73,713 | €206,404 | €37,771 | ▼ 81.7% |
| Profit (loss) for the period to be appropriated9905 | €8,782 | €8,334 | €73,713 | €206,404 | €37,771 | ▼ 81.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339,716 | €1.1m | €1.4m | €1.0m | €618,381 | ▼ 40.9% |
| Fixed assets21/28 | €139,187 | €138,388 | €23,210 | €31,609 | €431,561 | ▲ 1,265% |
| Tangible fixed assets22/27 | €137,237 | €136,438 | €16,967 | €25,366 | €17,820 | ▼ 29.7% |
| Land and buildings22 | - | €135,000 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €830 | €827 | €3,154 | €2,474 | ▼ 21.6% |
| Furniture and vehicles24 | - | €608 | €16,141 | €22,212 | €15,347 | ▼ 30.9% |
| Financial fixed assets28 | €1,950 | €1,950 | €6,243 | €6,243 | €413,740 | ▲ 6,527% |
| Current assets29/58 | €200,529 | €921,768 | €1.4m | €1.0m | €186,820 | ▼ 81.6% |
| Stocks and contracts in progress3 | - | €421,391 | €677,842 | - | - | - |
| Stocks30/36 | - | - | €542,842 | - | - | - |
| Contracts in progress37 | - | €421,391 | €135,000 | - | - | - |
| Amounts receivable within one year40/41 | €192,510 | €397,941 | €514,457 | €423,116 | €100,167 | ▼ 76.3% |
| Trade receivables40 | - | €356,954 | €484,684 | €402,934 | €79,565 | ▼ 80.3% |
| Other amounts receivable41 | - | €40,987 | €29,773 | €20,182 | €20,601 | ▲ 2.1% |
| Cash at bank and in hand54/58 | €4,154 | €97,103 | €125,788 | €559,873 | €30,645 | ▼ 94.5% |
| Deferred charges and accrued income490/1 | - | €5,333 | €55,576 | €32,251 | €56,008 | ▲ 73.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339,716 | €1.1m | €1.4m | €1.0m | €618,381 | ▼ 40.9% |
| Equity10/15 | €40,866 | €49,200 | €122,913 | €329,318 | €372,659 | ▲ 13.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | - | - | - | - |
| Other1109/19 | - | €6,200 | - | - | - | - |
| Reserves13 | €1,733 | €1,860 | €1,860 | €201,860 | €236,860 | ▲ 17.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €200,000 | €235,000 | ▲ 17.5% |
| Profit (loss) carried forward14 | €32,933 | €41,140 | €114,853 | €121,258 | €129,599 | ▲ 6.9% |
| Amounts payable17/49 | €298,850 | €1.0m | €1.3m | €717,531 | €245,722 | ▼ 65.8% |
| Amounts payable after more than one year17 | - | €300,000 | - | €115,276 | - | - |
| Financial debts170/4 | - | €300,000 | - | - | - | - |
| Advances received on contracts in progress176 | - | - | - | €115,276 | - | - |
| Amounts payable within one year42/48 | €298,681 | €710,956 | €1.2m | €522,165 | €243,315 | ▼ 53.4% |
| Financial debts43 | - | - | €332,234 | - | - | - |
| Credit institutions430/8 | - | - | €332,234 | - | - | - |
| Trade debts44 | €290,751 | €438,982 | €573,877 | €343,665 | €175,106 | ▼ 49.0% |
| Suppliers440/4 | - | €438,982 | €573,877 | €343,665 | €175,106 | ▼ 49.0% |
| Advances received on contracts in progress46 | - | €258,500 | €249,278 | €12,784 | - | - |
| Taxes, remuneration and social security45 | - | €13,474 | €6,431 | €138,709 | €41,201 | ▼ 70.3% |
| Taxes450/3 | - | €13,474 | €6,431 | €138,709 | €41,201 | ▼ 70.3% |
| Other amounts payable47/48 | - | - | - | €27,008 | €27,008 | = |
| Accrued charges and deferred income492/3 | - | - | €112,141 | €80,090 | €2,406 | ▼ 97.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,782 | €8,334 | €73,713 | €206,404 | €37,771 | ▼ 81.7% |
| + Depreciation and write-downs630 | €3,897 | €799 | €2,060 | €5,544 | €8,454 | ▲ 52.5% |
| Operating cash flow (approximation) | €12,679 | €9,133 | €75,773 | €211,949 | €46,225 | ▼ 78.2% |
| Investment in fixed assets (approximation) | - | €0 | €113,118 | -€13,943 | -€408,406 | ▼ 2,829% |
| Change in cash | - | €92,949 | €28,685 | €434,085 | -€529,228 | ▼ 222% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 151 days late
07-03
KBO administration
Address strikeout annulled
28-02
KBO administration
Address struck
2024
31-03
Financial
Highest result since 2019net €206,404 ▲180%
Operating result €227,931, net result €206,404, both a record.
31-03
Financial
Equity above €200,000Eq €329,318 ▲168%
6 profitable years in a row build equity to €329,318.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-03
Financial
Equity above €100,000Eq €122,913 ▲150%
5 profitable years in a row build equity to €122,913.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Weakest financial yearnet €8,334 ▼5.1%
Net result drops to €8,334, the lowest in the series; recovery starts the following year.
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Show earlier events
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Wavre · 1 establishment unit since 2022
Ground area
432 m²
Building footprint
127 m²
Volume, LiDAR
1,343 m³
Parcel 25006D0195/00K002, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IDEAL CONSTRUCT GROUP
since 20222.356.140.886
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006D0195/00K002 | Wallonia | 431 m² | 1 · 127 m² | 12.2 m · 4 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.
Recognitions · licences · registrations
Recognised contractor
13 categoriesIDEAL CONSTRUCT GROUP SRL46138
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 10,297 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
Founded07-01-2016
Fiscal year end31-03
Trade name FR
IDEAL CLEANING GROUP
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0645724050
Also
9925:BE0645724050
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.