IMMO AT-CONSTRUCT
ActiveSummary
IMMO AT-CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237k and a net result of €8k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 75% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+32
Solvency90▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 20.2% and cash: 0.1% of total assets), and 35.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
2.1%
Age of the figures
17 mo
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
1 d late
2021
106 d late
2020
4 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close25-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€237k▲ 3.3%
2024 · €229k
2019: €193klowest in 7 years
2020: €219k▲ +13.6% vs 2019
2021: €217k▼ -0.9% vs 2020
2022: €222k▲ +2.1% vs 2021
2023: €228k▲ +2.9% vs 2022
2024: €229k▲ +0.7% vs 2023
2025: €237k▲ +3.3% vs 2024highest in 7 years
2019 → 2025
Total assets
€366k▼ 3.4%
2024 · €379k
2019: €425khighest in 7 years
2020: €424k▼ -0.3% vs 2019
2021: €407k▼ -4.0% vs 2020
2022: €393k▼ -3.6% vs 2021
2023: €385k▼ -1.9% vs 2022
2024: €379k▼ -1.6% vs 2023
2025: €366k▼ -3.4% vs 2024lowest in 7 years
2019 → 2025
Net result
€8k▲ 391%
2024 · €2k
2019: €26khighest in 7 years
2020: €26k▼ -0.6% vs 2019
2021: €-2k▼ -108% vs 2020lowest in 7 years
2022: €4k▲ +319% vs 2021
2023: €6k▲ +42.0% vs 2022
2024: €2k▼ -75.5% vs 2023
2025: €8k▲ +391% vs 2024
2019 → 2025
Working capital
€-72k▼ 6.4%
2024 · €-67k
2019: €-28k
2020: €-17k▲ +38.3% vs 2019highest in 7 years
2021: €-21k▼ -26.2% vs 2020
2022: €-29k▼ -36.3% vs 2021
2023: €-69k▼ -136% vs 2022
2024: €-67k▲ +2.2% vs 2023
2025: €-72k▼ -6.4% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€217k-€222k▲ 2.1%€228k▲ 2.9%€229k▲ 0.7%€237k▲ 3.3%
2021: €217klowest in 5 years
2022: €222k▲ +2.1% vs 2021
2023: €228k▲ +2.9% vs 2022
2024: €229k▲ +0.7% vs 2023
2025: €237k▲ +3.3% vs 2024highest in 5 years
Operating result€2k-€9k▲ 328%€12k▲ 35.5%€5k▼ 57.8%€10k▲ 105%
2021: €2klowest in 5 years
2022: €9k▲ +328% vs 2021
2023: €12k▲ +35.5% vs 2022highest in 5 years
2024: €5k▼ -57.8% vs 2023
2025: €10k▲ +105% vs 2024
Net result€-2k-€4k€6k▲ 42.0%€2k▼ 75.5%€8k▲ 391%
2021: €-2klowest in 5 years
2022: €4k▲ +319% vs 2021
2023: €6k▲ +42.0% vs 2022
2024: €2k▼ -75.5% vs 2023
2025: €8k▲ +391% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 105% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366k
Fixed assets
€364k ▼ 2.1%
Current assets
€2k ▼ 67.5%
Equity and liabilities €366k
Equity
€237k ▲ 3.3%
Debt
€129k ▼ 13.6%
Debt's share of the balance-sheet total falls from 39.5% to 35.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k
Cash flow
€16k
Current ratio
0.03▼
2024 · 0.09
Debt to equity
0.55▼
2024 · 0.65
ROE
3.2%▲
2024 · 0.7%
ROA
2.1%▲
2024 · 0.4%
Interest coverage
6.94
Debt ≤ 1 year
€74k▼
2024 · €74k
Debt > 1 year
€55k▼
2024 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€379k€366k▼
Fixed assets21/28€372k€364k▼
Tangible fixed assets22/27€372k€364k▼
Land and buildings22€372k€364k▼
Current assets29/58€7k€2k▼
Amounts receivable within one year40/41€1k€2k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€6k€396▼
Equity and liabilities
Total equity and liabilities10/49€379k€366k▼
Equity10/15€229k€237k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€201k€211k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€199k€209k▲
Profit (loss) carried forward14€10k€8k▼
Amounts payable17/49€150k€129k▼
Amounts payable after more than one year17€75k€55k▼
Financial debts170/4€75k€55k▼
Amounts payable within one year42/48€74k€74k▼
Current portion of amounts payable after more than one year42€21k€20k▼
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Advances received on contracts in progress46€6k€2k▼
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€8k€8k▼
Other amounts payable47/48€32k€32k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8k
Other operating charges640/8€6k€6k▼
Gross operating margin9900€11k€24k▲
Operating profit (loss)9901€5k€10k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€2k€8k▲
Profit (loss) for the period9904€2k€8k▲
Profit (loss) for the period to be appropriated9905€2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€18k▲
Profit (loss) brought forward from the previous period14P€9k€10k▲
Transfer to equity691/2-€10k
To other reserves6921-€10k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €8k | - | €8k | - |
| Other operating charges640/8 | - | €4k | €5k | €6k | €6k | ▼ 1.2% |
| Gross operating margin9900 | €13k | €20k | €25k | €11k | €24k | ▲ 120% |
| Operating profit (loss)9901 | €2k | €9k | €12k | €5k | €10k | ▲ 105% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €4k | €3k | €3k | €3k | ▼ 23.7% |
| Recurring financial charges65 | €4k | €4k | €3k | €3k | €3k | ▼ 23.7% |
| Profit (loss) for the period before taxes9903 | €-2k | €5k | €8k | €2k | €8k | ▲ 391% |
| Income taxes67/77 | €-6 | €657 | €2k | - | - | - |
| Profit (loss) for the period9904 | €-2k | €4k | €6k | €2k | €8k | ▲ 391% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €4k | €6k | €2k | €8k | ▲ 391% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €407k | €393k | €385k | €379k | €366k | ▼ 3.4% |
| Fixed assets21/28 | €374k | €366k | €372k | €372k | €364k | ▼ 2.1% |
| Tangible fixed assets22/27 | €374k | €366k | €372k | €372k | €364k | ▼ 2.1% |
| Land and buildings22 | - | €366k | €372k | €372k | €364k | ▼ 2.1% |
| Current assets29/58 | €34k | €26k | €13k | €7k | €2k | ▼ 67.5% |
| Amounts receivable within one year40/41 | €32k | €23k | €13k | €1k | €2k | ▲ 27.8% |
| Trade receivables40 | - | €18k | €11k | - | - | - |
| Other amounts receivable41 | - | €6k | €1k | €1k | €2k | ▲ 27.8% |
| Cash at bank and in hand54/58 | €2k | €3k | €463 | €6k | €396 | ▼ 92.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €407k | €393k | €385k | €379k | €366k | ▼ 3.4% |
| Equity10/15 | €217k | €222k | €228k | €229k | €237k | ▲ 3.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | €19k | €19k | €19k | €19k | = |
| Other1109/19 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €201k | €201k | €201k | €201k | €211k | ▲ 5.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €199k | €199k | €199k | €209k | ▲ 5.2% |
| Profit (loss) carried forward14 | €-2k | €2k | €9k | €10k | €8k | ▼ 26.1% |
| Amounts payable17/49 | €190k | €171k | €157k | €150k | €129k | ▼ 13.6% |
| Amounts payable after more than one year17 | €135k | €115k | €75k | €75k | €55k | ▼ 26.5% |
| Financial debts170/4 | - | €115k | €75k | €75k | €55k | ▼ 26.5% |
| Amounts payable within one year42/48 | €55k | €56k | €82k | €74k | €74k | ▼ 0.5% |
| Current portion of amounts payable after more than one year42 | - | €20k | €40k | €21k | €20k | ▼ 0.9% |
| Trade debts44 | €5k | €4k | €9k | €8k | €11k | ▲ 49.1% |
| Suppliers440/4 | - | €4k | €9k | €8k | €11k | ▲ 49.1% |
| Advances received on contracts in progress46 | - | - | - | €6k | €2k | ▼ 69.2% |
| Taxes, remuneration and social security45 | - | €1k | €3k | €8k | €8k | ▼ 0.6% |
| Taxes450/3 | - | €1k | €3k | €8k | €8k | ▼ 0.6% |
| Other amounts payable47/48 | - | €31k | €31k | €32k | €32k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €4k | €6k | €2k | €8k | ▲ 391% |
| + Depreciation and write-downs630 | €7k | €7k | €8k | - | €8k | - |
| Operating cash flow (approximation) | €5k | €12k | €14k | €2k | €16k | ▲ 904% |
| Investment in fixed assets (approximation) | - | €0 | €-14k | €0 | €0 | - |
| Change in cash | - | €797 | €-3k | €5k | €-5k | ▼ 201% |
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
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
30-04
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
30-04
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-04
Financial
Equity above €200kEq €219k ▲13.6%
2 profitable years in a row build equity to €219k.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Dilbeek · 1 establishment unit since 2018
Ground area
1,319 m²
Building footprint
431 m²
Volume, LiDAR
2,496 m³
Parcel 23037D0169/00H002, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Herdebeekstraat 329, 1701 Dilbeek
since 20182.274.630.697
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23037D0169/00H002 | Flanders | 1,318 m² | 1 · 431 m² | 10.7 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,852 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
Founded11-01-2018
Fiscal year end30-04
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.