InfraConstruct
ActiveSummary
InfraConstruct has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350,127 and a net result of €41,449. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 85% of 9,368 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €350,127
- Profit
- €41,449
Why 92raises risk1 change of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 3.36, cash €343,672Equity €350,127 (76.7% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 92% on solvency, 92% on liquidity, 61% on profitability and 58% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 8 days before 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)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than 6 timescurrent ratio 3.36
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 17% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
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).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,246 | €18,351 | €2,839 | €11,180 | €19,468 | €9,169 | €28,800 | €27,862 | ▼ 3.3% |
| Other operating charges640/8 | - | - | - | €306 | €376 | €878 | €1,478 | €8,939 | ▲ 505% |
| Non-recurring operating charges66A | - | - | - | - | - | €10,170 | €0 | €6,595 | - |
| Gross operating margin9900 | €51,000 | €48,478 | €73,498 | €80,388 | €64,633 | €91,605 | €104,151 | €104,611 | ▲ 0.4% |
| Operating profit (loss)9901 | €39,603 | €29,958 | €70,487 | €68,902 | €44,789 | €71,388 | €73,874 | €61,215 | ▼ 17.1% |
| Financial income75/76B | - | - | - | - | - | €0 | €0 | €200 | - |
| Recurring financial income75 | - | - | - | - | - | €0 | €0 | €200 | - |
| Financial charges65/66B | - | - | - | €98 | €69 | €65 | €69 | €78 | ▲ 12.8% |
| Recurring financial charges65 | €645 | €409 | €337 | €98 | €69 | €65 | €69 | €78 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €38,959 | €29,549 | €70,150 | €68,804 | €44,720 | €71,323 | €73,805 | €61,337 | ▼ 16.9% |
| Income taxes67/77 | €10,932 | €8,269 | €19,402 | €18,819 | €12,558 | €19,853 | €20,589 | €19,888 | ▼ 3.4% |
| Profit (loss) for the period9904 | €28,026 | €21,280 | €50,748 | €49,985 | €32,161 | €51,470 | €53,215 | €41,449 | ▼ 22.1% |
| Profit (loss) for the period to be appropriated9905 | €28,026 | €21,280 | €50,748 | €49,985 | €32,161 | €51,470 | €53,215 | €41,449 | ▼ 22.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €88,550 | €200,070 | €266,765 | €334,088 | €379,207 | €445,491 | €427,173 | €456,470 | ▲ 6.9% |
| Fixed assets21/28 | €16,868 | €94,552 | €133,695 | €294,397 | €337,971 | €394,677 | €361,571 | €99,485 | ▼ 72.5% |
| Tangible fixed assets22/27 | €16,868 | €94,552 | €133,695 | €294,397 | €337,971 | €394,677 | €361,571 | €99,485 | ▼ 72.5% |
| Land and buildings22 | - | - | - | €69,350 | €286,488 | €279,386 | €272,284 | €33,452 | ▼ 87.7% |
| Plant, machinery and equipment23 | - | - | - | €11,322 | €11,814 | €12,885 | €7,486 | €4,838 | ▼ 35.4% |
| Furniture and vehicles24 | - | - | - | €51,385 | €39,670 | €102,407 | €81,801 | €61,196 | ▼ 25.2% |
| Assets under construction and advance payments27 | - | - | - | €162,341 | €0 | - | - | - | - |
| Current assets29/58 | €71,681 | €105,518 | €133,071 | €39,691 | €41,235 | €50,813 | €65,602 | €356,985 | ▲ 444% |
| Amounts receivable within one year40/41 | €14,916 | €18,663 | €4,593 | €19,444 | €20,226 | €8,708 | €16,030 | €10,771 | ▼ 32.8% |
| Trade receivables40 | - | - | - | €19,444 | €20,226 | €5,993 | €16,030 | €10,771 | ▼ 32.8% |
| Other amounts receivable41 | - | - | - | - | - | €2,715 | €0 | - | - |
| Cash at bank and in hand54/58 | €54,335 | €85,448 | €127,295 | €19,248 | €19,442 | €38,953 | €46,916 | €343,672 | ▲ 633% |
| Deferred charges and accrued income490/1 | - | - | - | €999 | €1,567 | €3,152 | €2,656 | €2,542 | ▼ 4.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €88,550 | €200,070 | €266,765 | €334,088 | €379,207 | €445,491 | €427,173 | €456,470 | ▲ 6.9% |
| Equity10/15 | €49,819 | €71,099 | €121,847 | €171,832 | €203,994 | €255,463 | €308,679 | €350,127 | ▲ 13.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €43,619 | €64,899 | €115,647 | €165,632 | €197,794 | €249,263 | €302,479 | €343,927 | ▲ 13.7% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €9,165 | €9,165 | €9,165 | €9,165 | €9,165 | = |
| Distributable reserves133 | - | - | - | €154,607 | €188,628 | €240,098 | €293,313 | €334,762 | ▲ 14.1% |
| Amounts payable17/49 | €38,731 | €128,971 | €144,918 | €162,256 | €175,213 | €190,027 | €118,494 | €106,343 | ▼ 10.3% |
| Amounts payable within one year42/48 | €38,731 | €128,971 | €144,918 | €162,256 | €175,213 | €188,573 | €118,494 | €106,343 | ▼ 10.3% |
| Trade debts44 | €353 | €14 | €23,793 | €3,858 | €3,657 | €4,101 | €1,116 | €1,029 | ▼ 7.8% |
| Suppliers440/4 | - | - | - | €3,858 | €3,657 | €4,101 | €1,116 | €1,029 | ▼ 7.8% |
| Taxes, remuneration and social security45 | - | - | - | €10,816 | €9,333 | €12,447 | €10,456 | €15,094 | ▲ 44.4% |
| Taxes450/3 | - | - | - | €10,816 | €9,333 | €12,447 | €10,456 | €15,094 | ▲ 44.4% |
| Other amounts payable47/48 | - | - | - | €147,582 | €162,223 | €172,025 | €106,923 | €90,220 | ▼ 15.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,454 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,026 | €21,280 | €50,748 | €49,985 | €32,161 | €51,470 | €53,215 | €41,449 | ▼ 22.1% |
| + Depreciation and write-downs630 | €11,246 | €18,351 | €2,839 | €11,180 | €19,468 | €9,169 | €28,800 | €27,862 | ▼ 3.3% |
| Operating cash flow (approximation) | €39,272 | €39,631 | €53,587 | €61,165 | €51,629 | €60,638 | €82,015 | €69,311 | ▼ 15.5% |
| Investment in fixed assets (approximation) | - | -€96,034 | -€41,981 | -€171,882 | -€63,043 | -€65,875 | €4,307 | €234,224 | ▲ 54× |
| Change in cash | - | €31,113 | €41,847 | -€108,047 | €194 | €19,510 | €7,963 | €296,756 | ▲ 37× |
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 (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00338154 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00281799 |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00284598 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00178942 |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20230826 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39000423 |
| 31-12-2019 | micro format | 14-08-2020 | 2020-41300080 |
| 31-12-2018 | micro format | 29-06-2019 | 2019-25900477 |
| 31-12-2017 | micro format | 30-06-2018 | 2018-27200010 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ALEN Jozef Willem Cornelis |
|
Owners and capital
Capital and shareholders
- 27-09-2022 Capital reduction of €12,400 · “kwijtschelding van de volstortingsplicht”
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 08-05-2025
- Registered-office move, Kerkstraat 33 bus 6, 3540 Herk-de-Stad
27-09
Gazette deed
Resignation: ALEN Jozef Willem Cornelis (manager)Appointment: ALEN Jozef Willem Cornelis (director) · Capital conversion · Capital decrease13 facts ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen en rechtsvorm besloten vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “van rechtswege, artikel 39,§2,tweede lid wet 23-03-2019” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Capital decrease, €12,400
- Other provision, “toelichting vermindering vermogen, bestuursorgaan” (deed in Dutch)
- Director resignation, ALEN Jozef Willem Cornelis (manager)
- Director appointment, ALEN Jozef Willem Cornelis (director (not named in the articles))
- Registered office clause, “3560 Lummen,Roosterstraat 1” (deed in Dutch)
- Amendment of the articles
- Capital
- Power of attorney
- +1 further fact in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0664.965.880
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71051B0622/00A000 | Flanders | 8,115 m² | 1 · 1,277 m² | 13.2 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Werfmanagement (coördinator, werfopvolging, ontwerper, toezichter) bij aanleg en afwerking van bouwactiviteiten, wegenis-rioleringswerken…” (deed in Dutch)
21 activities (deed in Dutch)
- Werfmanagement (coördinator, werfopvolging, ontwerper, toezichter) bij aanleg en afwerking van bouwactiviteiten, wegenis-rioleringswerken, grondwerken voor rekening van derden;
- Projectmanagement
- Zij kan binnen de perken van haar maatschappelijk voorwerp, zowel in België als in het buitenland, alle roerende, onroerende, financiële, industriële, commerciële of burgerlijke verrichtingen doen; Zij kan ook functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen;
- Het aanleggen en onderhoud van parken en tuinen evenals speelvelden en sportvelden, het plaatsen van afsluitingen, het asfalteren en verharden van toegangswegen, voetpaden en opritten;
- Het uitvoeren van aannemingswerken ruwbouw, dakwerken, tegelwerken, leggen van chapes, electriciteitswerken, plaatsen van verwarming en sanitair, stukadoorswerk, zinkwerken, voegwerken;
- Handel in onroerende goederen;
- Aan- en verkoop, import en export, fabricatie en groothandel en leurhandel in producten zoals hierboven beschreven;
- Onderneming in onroerende goederen, welke onder meer omvat: het kopen, verkopen, ruilen, huren, verhuren, onderverhuren, valoriseren, verbouwen, verkavelen, beheren, borgstellen, uitbaten en verwezenlijken, evenals alle welk danige onroerende verhandelingen in de meest brede zin, met inbegrip van onroerende leasing, het nemen en afstaan van optierechten voor het kopen van onroerende goederen, het beheren van onroerende goederen of immobilienmaatschappijen en expertises;
- Het verlenen aan de ondernemingen waarin zij deelneemt en aan derde, al dan niet bezoldigd, van alle bijstand, hetzij technisch, industrieel, commercieel of administratief, hetzij financieel, met inbegrip van de borgstelling, avalgeving, of inpandgeving van onroerende goederen;
- Consulting op het gebied van beheer en management;
- Consulting op het gebied van sales- en marketingmanagement;
- Diverse administratieve activiteiten ten behoeve van kantoren;
- Het beheren van beleggingen, vermogens en van participaties in dochtervennootschappen, het waarnemen van bestuursfuncties, het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt;
- Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)-publiekrechterlijk statuut;
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit, evenals het waarborgen van alle verbintenissen van zelfde ondernemingen.
- De verwerving en de uitbating van brevetten en licenties;
- Tussenpersoon in de handel, als makelaar in goederen, als zelfstandige, handelsvertegenwoordiger en als commissionair;
- De verhuring van installaties, uitrusting en materieel;
- Calculatie, kostprijsberekeningen en nacalculaties;
- Organiseren van evenementen, inclusief catering;
- Kostprijsberekening, voor -en nacalculatie van werven en projecten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- InfraConstruct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, één of meer bestuurders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June