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IHS construct

Active
Private limited companyfounded 20224 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0789.854.568
Summary

The computed 12-month bankruptcy probability of IHS construct is 3.1% (moderate). The 2024 annual accounts show equity of €6,450 and a net result of €450. Its solvency ranks better than 68% of 26049 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability47
Solvency79
Growth-
Track record71
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 80.0; short-term debt: 1.3% of total assets), and 46.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
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 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
53.8%
Return on assets
3.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
145 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 145 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
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 22 August 2022, IHS construct was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€6,450
Total assets
€12,000
Net result
€450
Working capital
€11,850

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €12,000
Equity €6,450
Debt €5,550
Debt finances 46.3% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
80.00
Debt to equity
0.86
ROE
7.0%
ROA
3.8%
Debt ≤ 1 year
€150
Income taxes
€150

Peer companies

Historical observation

Of the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,549 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet Code2024
Assets
Total assets20/58€12,000
Current assets29/58€12,000
Amounts receivable within one year40/41€12,000
Trade receivables40€6,000
Other amounts receivable41€6,000
Equity and liabilities
Total equity and liabilities10/49€12,000
Equity10/15€6,450
Contributions10/11€6,000
Capital10€6,000
Issued capital100€6,000
Profit (loss) carried forward14€450
Amounts payable17/49€5,550
Amounts payable within one year42/48€150
Taxes, remuneration and social security45€150
Taxes450/3€150
Accrued charges and deferred income492/3€5,400
Income statement Code2024
Gross operating margin9900€600
Operating profit (loss)9901€600
Profit (loss) for the period before taxes9903€600
Income taxes67/77€150
Profit (loss) for the period9904€450
Profit (loss) for the period to be appropriated9905€450
Appropriation of the result
Profit (loss) to be appropriated9906€450
Line2024
Gross operating margin9900€600
Operating profit (loss)9901€600
Profit (loss) for the period before taxes9903€600
Income taxes67/77€150
Profit (loss) for the period9904€450
Profit (loss) for the period to be appropriated9905€450
Line2024
Assets
Total assets20/58€12,000
Current assets29/58€12,000
Amounts receivable within one year40/41€12,000
Trade receivables40€6,000
Other amounts receivable41€6,000
Equity and liabilities
Total equity and liabilities10/49€12,000
Equity10/15€6,450
Contributions10/11€6,000
Capital10€6,000
Issued capital100€6,000
Profit (loss) carried forward14€450
Amounts payable17/49€5,550
Amounts payable within one year42/48€150
Taxes, remuneration and social security45€150
Taxes450/3€150
Accrued charges and deferred income492/3€5,400
Line2024
Profit (loss) for the period9904€450
Operating cash flow (approximation)€450

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

2025
23-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
01-03
KBO administration Address struck
event 28-11-2023
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Kraainem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
959 m²
Volume, LiDAR
34,623 m³
2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
Family Market
Piersstraat 26, 1080 Sint-Jans-MolenbeekGeneral construction of buildings
since 20242.366.501.971
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
21522B0006/00A004 Brussels 118 m² 1 · 94 m² 13.7 m · 1 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.

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,854. 2,933 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
Founded22-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789854568
Also 9925:BE0789854568
Registered 20-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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