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INTERN CONSTRUCT

Active
Private limited companyfounded 2020active for 6 yearsBasilieklaan 389, 1081 Koekelberg, BelgiumKBO/BCE: BE 0741.418.708
Summary

INTERN CONSTRUCT has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,383 and a net result of €17,608. Equity is growing by about 56% per year across the filed financial years. Its solvency ranks better than 91% of 34,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€94,259total assets 2025
Equity
€81,383
Profit
€17,608
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Accounts filed 27 days late0 of 1 deed read
Why 85raises riskSize: total assets €94,259Founded in 2020lowers riskLiquidity: current ratio 7.21, cash €11,861Equity €81,383 (86.3% of total assets)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 86.3% of total assets
Liquidity 63+17
short-term debt 13.7% · cash 12.6%
Profitability 92-8
return on assets 18.7%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 2.0%▲ +0.9 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.1%▲ +0.1 percentage points vs 07-2025 09-2025: 2.0%▼ -0.1 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 1.9%▼ -0.1 percentage points vs 11-2025 01-2026: 2.1%▲ +0.2 percentage points vs 12-2025 02-2026: 2.6%▲ +0.5 percentage points vs 01-2026highest value 03-2026: 0.5%▼ -2.1 percentage points vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.21, compared with 5.94 in 2024, above the usual 1.5; short-term debt: 13.7% and cash: 12.6% of total assets), and 13.7% of the assets are financed with debt and provisions.
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 43, micro): better than 90% on solvency, 62% on liquidity, 78% on profitability and 73% on growth.

The bankruptcy probability was computed on 21-10-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €94,259
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 7.21, cash €11,861
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €81,383 (86.3% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
27 days late
2024
3 days early
2023
on the day
2022
2 days early
2021
1 day late
2020
27 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 8 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end22-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2020 to 2025net €19,635 ▲30.3%

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00046095.

Equity
€81,383▲ 27.6%
2024 · €63,775
Total assets
€94,259▲ 24.1%
2024 · €75,966
Net result
€17,608▼ 10.3%
2024 · €19,635
Working capital
€79,958▲ 32.8%
2024 · €60,189
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 10% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,872 2025 Net result€17,608 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: 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
Operating result€2,983-€14,857▲ 398%€16,751▲ 12.8%€20,519▲ 22.5%€26,427▲ 28.8%€23,872▼ 9.7%
Net result€2,156within the sector's middle half-€11,786within the sector's middle half▲ 447%€12,287within the sector's middle half▲ 4.2%€15,067within the sector's middle half▲ 22.6%€19,635within the sector's middle half▲ 30.3%€17,608within the sector's middle half▼ 10.3%
Equity€7,156below the sector's middle half-€16,786below the sector's middle half▲ 135%€29,073within the sector's middle half▲ 73.2%€44,140within the sector's middle half▲ 51.8%€63,775within the sector's middle half▲ 44.5%€81,383within the sector's middle half▲ 27.6%
Total assets€12,092below the sector's middle half-€31,690below the sector's middle half▲ 162%€89,805within the sector's middle half▲ 183%€90,704within the sector's middle half▲ 1.0%€75,966within the sector's middle half▼ 16.2%€94,259within the sector's middle half▲ 24.1%
Debt€4,937-€14,904▲ 202%€60,731▲ 307%€46,563▼ 23.3%€12,191▼ 73.8%€12,876▲ 5.6%
Working capital€4,723below the sector's middle half-€14,878within the sector's middle half▲ 215%€22,949within the sector's middle half▲ 54.2%€37,777within the sector's middle half▲ 64.6%€60,189within the sector's middle half▲ 59.3%€79,958within the sector's middle half▲ 32.8%
Solvency59.2%within the sector's middle half-53.0%within the sector's middle half▼ 6.2pp32.4%within the sector's middle half▼ 20.6pp48.7%within the sector's middle half▲ 16.3pp84.0%above the sector's middle half▲ 35.3pp86.3%above the sector's middle half▲ 2.4pp
Current ratio1.96within the sector's middle half-2.00within the sector's middle half▲ 0.041.38within the sector's middle half▼ 0.621.81within the sector's middle half▲ 0.435.94above the sector's middle half▲ 4.137.21above the sector's middle half▲ 1.27
Return on assets (ROA)17.8%above the sector's middle half-37.2%above the sector's middle half▲ 19.4pp13.7%within the sector's middle half▼ 23.5pp16.6%within the sector's middle half▲ 2.9pp25.8%above the sector's middle half▲ 9.2pp18.7%above the sector's middle half▼ 7.2pp
above within below the middle half of NACE 43, Specialised construction activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,259
Fixed assets €1,425 ▼ 60.3%
Current assets €92,834 ▲ 28.3%
Equity and liabilities €94,259
Equity €81,383 ▲ 27.6%
Debt €12,876 ▲ 5.6%
Debt's share of the balance-sheet total falls from 16.0% to 13.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,257▼
2024 · €31,121
Cash flow
€20,992▼
2024 · €24,329
Debt to equity
0.16▼
2024 · 0.19
ROE
21.6%▼
2024 · 30.8%
Interest coverage
over 100▲
2024 · 79.67
Debt ≤ 1 year
€12,876▲
2024 · €12,191
Income taxes
€6,021▼
2024 · €6,401
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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 26,974 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 · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€75,966€94,259▲
Fixed assets21/28€3,586€1,425▼
Tangible fixed assets22/27€3,586€1,425▼
Furniture and vehicles24€3,586€1,425▼
Current assets29/58€72,380€92,834▲
Amounts receivable within one year40/41€71,414€80,973▲
Trade receivables40€23,881€12,415▼
Other amounts receivable41€47,533€68,558▲
Cash at bank and in hand54/58€5€11,861▲
Deferred charges and accrued income490/1€961-
Equity and liabilities
Total equity and liabilities10/49€75,966€94,259▲
Equity10/15€63,775€81,383▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€58,775€76,383▲
Amounts payable17/49€12,191€12,876▲
Amounts payable within one year42/48€12,191€12,876▲
Trade debts44€389€4,419▲
Suppliers440/4€389€4,419▲
Taxes, remuneration and social security45€11,802€8,457▼
Taxes450/3€11,802€8,457▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,694€3,384▼
Other operating charges640/8€1,610€2,086▲
Gross operating margin9900€32,730€29,342▼
Operating profit (loss)9901€26,427€23,872▼
Financial charges65/66B€391€244▼
Recurring financial charges65€391€244▼
Profit (loss) for the period before taxes9903€26,036€23,628▼
Income taxes67/77€6,401€6,021▼
Profit (loss) for the period9904€19,635€17,608▼
Profit (loss) for the period to be appropriated9905€19,635€17,608▼
Appropriation of the result
Profit (loss) to be appropriated9906€58,775€76,383▲
Profit (loss) brought forward from the previous period14P€39,140€58,775▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€431€954€1,654€3,514€4,694€3,384▼ 27.9%
Other operating charges640/8--€574€3,567€1,610€2,086▲ 29.6%
Gross operating margin9900€3,463€15,936€18,979€27,599€32,730€29,342▼ 10.4%
Operating profit (loss)9901€2,983€14,857€16,751€20,519€26,427€23,872▼ 9.7%
Financial charges65/66B--€449€50€391€244▼ 37.6%
Recurring financial charges65€68€131€449€50€391€244▼ 37.6%
Profit (loss) for the period before taxes9903€2,915€14,726€16,302€20,468€26,036€23,628▼ 9.2%
Income taxes67/77€760€2,940€4,015€5,401€6,401€6,021▼ 5.9%
Profit (loss) for the period9904€2,156€11,786€12,287€15,067€19,635€17,608▼ 10.3%
Profit (loss) for the period to be appropriated9905€2,156€11,786€12,287€15,067€19,635€17,608▼ 10.3%
Line202020212022202320242025Change
Assets
Total assets20/58€12,092€31,690€89,805€90,704€75,966€94,259▲ 24.1%
Fixed assets21/28€2,432€1,909€6,124€6,364€3,586€1,425▼ 60.3%
Tangible fixed assets22/27€2,432€1,909€2,354€6,364€3,586€1,425▼ 60.3%
Furniture and vehicles24--€2,354€6,364€3,586€1,425▼ 60.3%
Financial fixed assets28--€3,770----
Current assets29/58€9,660€29,782€83,680€84,340€72,380€92,834▲ 28.3%
Amounts receivable within one year40/41€9,333€26,608€80,105€68,447€71,414€80,973▲ 13.4%
Trade receivables40--€80,105€66,143€23,881€12,415▼ 48.0%
Other amounts receivable41---€2,304€47,533€68,558▲ 44.2%
Cash at bank and in hand54/58€327€3,174€3,575€15,349€5€11,861▲ 220,771%
Deferred charges and accrued income490/1---€544€961--
Equity and liabilities
Total equity and liabilities10/49€12,092€31,690€89,805€90,704€75,966€94,259▲ 24.1%
Equity10/15€7,156€16,786€29,073€44,140€63,775€81,383▲ 27.6%
Contributions10/11--€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€2,156€11,786€24,073€39,140€58,775€76,383▲ 30.0%
Amounts payable17/49€4,937€14,904€60,731€46,563€12,191€12,876▲ 5.6%
Amounts payable within one year42/48€4,937€14,904€60,731€46,563€12,191€12,876▲ 5.6%
Trade debts44€3,840€11,078€29,903€25,355€389€4,419▲ 1,036%
Suppliers440/4--€29,903€25,355€389€4,419▲ 1,036%
Taxes, remuneration and social security45--€10,083€9,416€11,802€8,457▼ 28.3%
Taxes450/3--€10,083€9,416€11,802€8,457▼ 28.3%
Other amounts payable47/48--€20,745€11,792---
Line202020212022202320242025Change
Profit (loss) for the period9904€2,156€11,786€12,287€15,067€19,635€17,608▼ 10.3%
+ Depreciation and write-downs630€431€954€1,654€3,514€4,694€3,384▼ 27.9%
Operating cash flow (approximation)€2,586€12,741€13,941€18,581€24,329€20,992▼ 13.7%
Investment in fixed assets (approximation)--€431-€5,870-€3,753-€1,916-€1,223▲ 36.2%
Change in cash-€2,847€401€11,774-€15,343€11,855-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
30-06-2025 micro format 27-02-2026 2026-00046095
30-06-2024 micro format 28-01-2025 2025-00020529
30-06-2023 micro format 31-01-2024 2024-00024169
30-06-2022 micro format 29-01-2023 2023-00023328
30-06-2021 micro format 01-02-2022 2022-04800388
31-12-2020 micro format 27-08-2021 2021-55600228

Similar companies · same sector, comparable size

Of the 19,849 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,197. 7,727 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
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 10 January 2020, INTERN CONSTRUCT was incorporated as a private limited company.1 Total assets went from €12,092 in 2020 to €94,259 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
27-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 27 days late
2025
28-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial Highest result from 2020 to 2025net €19,635 ▲30.3%
Operating result €26,427, net result €19,635, both a record.
30-06
Financial Liquidity more than triplescurrent ratio 5.94
Current ratio from 1.81 to 5.94; short-term debt falls from €46,563 to €12,191.
31-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
29-01
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
01-02
NBB filing Annual accounts filed
financial year 2021 · micro format · 1 day late
2021
27-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded10-01-2020
Financial year end30-06
Activities, NACEBEL 2025
43320Joinery installation
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0741418708
Also 9925:BE0741418708
Registered 22-12-2025

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

Register as of 22 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 0741.418.708

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
481 m²
Building footprint
232 m²
Building volume
7,076 m³
Parcel 21011A0026/00K000, Brussels · tallest building 34.0 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
INTERN CONSTRUCT
Basilieklaan 389, 1081 KoekelbergJoinery installation
since 2020unit no. 2.301.291.148
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21011A0026/00K000 Brussels 481 m² 1 · 232 m² 34.0 m · 10
How the parcels are linked
Good to know
The parcel matches the address exactly.