INVEST-CONSTRUCT
ActiveSummary
The annual accounts of INVEST-CONSTRUCT for fiscal year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €102k and a net result of €-164k. Equity is shrinking by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 14128 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-2
Solvency32▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.0 against 0.04 in 2024; short-term debt: 93.5% and cash: 0.1% of total assets), and 93.5% of the assets are financed with debt.
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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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-164k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
9 d early
2023
6 d early
2022
2 d early
2021
45 d early
2020
51 d early
2019
242 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€102k▼ 61.6%
2024 · €266k
Total assets
€1.56M▼ 10.3%
2024 · €1.74M
Net result
€-164k▼ 10.5%
2024 · €-148k
Working capital
€-1.45M▼ 3.2%
2024 · €-1.41M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€839k▲ 474%€-206k€-87k▲ 57.8%€-147k▼ 68.7%€-162k▼ 10.6%
Net result€-1.00M€-208k▲ 79.3%€-94k▲ 54.7%€-148k▼ 57.6%€-164k▼ 10.5%
Equity€5.56M▲ 9.7%€508k▼ 90.9%€414k▼ 18.5%€266k▼ 35.8%€102k▼ 61.6%
Total assets€19.61M▲ 13.3%€1.70M▼ 91.3%€1.75M▲ 3.2%€1.74M▼ 0.9%€1.56M▼ 10.3%
Debt€13.33M▲ 15.2%€1.19M▼ 91.1%€1.34M▲ 12.4%€1.47M▲ 9.9%€1.46M▼ 1.0%
Working capital€5.25M▲ 219%€-1.11M€-1.30M▼ 17.5%€-1.41M▼ 8.0%€-1.45M▼ 3.2%
Staff (FTE)0▼ 100%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €162k in 2025 against €147k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€1.56M ▼ 7.1%
Current assets
€4k ▼ 93.1%
Equity and liabilities €1.56M
Equity
€102k ▼ 61.6%
Debt
€1.46M ▼ 1.0%
Debt's share of the balance-sheet total rises from 84.7% to 93.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-42k▲
2024 · €-56k
Cash flow
€-44k▲
2024 · €-58k
Current ratio
0.00▼
2024 · 0.04
Debt to equity
14.29▲
2024 · 5.54
ROE
-160.4%▼
2024 · -55.8%
ROA
-10.5%▼
2024 · -8.5%
Interest coverage
-572.35▼
2024 · -161.36
Debt ≤ 1 year
€1.46M▼
2024 · €1.47M
Income taxes
€1k▲
2024 · €1k
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 | €795k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €40k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €354k | €100k | €110k | €91k | €120k | ▲ 32.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €298k | - | - | - | - | - |
| Other operating charges640/8 | €10k | €6k | €45k | €6k | €6k | ▼ 1.5% |
| Gross operating margin9900 | €1.54M | €-100k | €68k | €-50k | €-36k | ▲ 28.0% |
| Operating profit (loss)9901 | €839k | €-206k | €-87k | €-147k | €-162k | ▼ 10.6% |
| Financial income75/76B | €94k | - | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €32k | - | €0 | €0 | €0 | ▼ 100% |
| Non-recurring financial income76B | €62k | - | - | - | - | - |
| Financial charges65/66B | €1.95M | €82 | €6k | €347 | €73 | ▼ 78.8% |
| Recurring financial charges65 | €177k | €82 | €6k | €347 | €73 | ▼ 78.8% |
| Non-recurring financial charges66B | €1.78M | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-1.02M | €-206k | €-93k | €-147k | €-162k | ▼ 10.4% |
| Transfer from deferred taxes780 | €249k | - | - | - | - | - |
| Income taxes67/77 | €232k | €2k | €1k | €1k | €1k | ▲ 19.0% |
| Profit (loss) for the period9904 | €-1.00M | €-208k | €-94k | €-148k | €-164k | ▼ 10.5% |
| Transfer from tax-exempt reserves789 | €37k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-967k | €-208k | €-94k | €-148k | €-164k | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.61M | €1.70M | €1.75M | €1.74M | €1.56M | ▼ 10.3% |
| Fixed assets21/28 | €10.08M | €1.62M | €1.72M | €1.67M | €1.56M | ▼ 7.1% |
| Tangible fixed assets22/27 | €7.41M | €1.62M | €1.72M | €1.67M | €1.56M | ▼ 7.1% |
| Land and buildings22 | €7.17M | €1.39M | €1.49M | €1.45M | €1.34M | ▼ 7.6% |
| Plant, machinery and equipment23 | - | - | - | €2k | €2k | ▼ 10.9% |
| Furniture and vehicles24 | - | €22k | €17k | €9k | €505 | ▼ 94.2% |
| Other tangible fixed assets26 | €246k | €203k | €207k | €211k | €211k | = |
| Financial fixed assets28 | €2.67M | - | - | - | - | - |
| Current assets29/58 | €9.53M | €84k | €37k | €65k | €4k | ▼ 93.1% |
| Amounts receivable after more than one year29 | €114k | - | - | - | - | - |
| Other amounts receivable291 | €114k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €9.36M | €68k | €20k | €36k | €0 | ▼ 100% |
| Trade receivables40 | - | €19k | €15k | €31k | €0 | ▼ 100% |
| Other amounts receivable41 | €9.36M | €49k | €5k | €5k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €46k | €12k | €12k | €26k | €819 | ▼ 96.8% |
| Deferred charges and accrued income490/1 | €10k | €3k | €5k | €3k | €4k | ▲ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.61M | €1.70M | €1.75M | €1.74M | €1.56M | ▼ 10.3% |
| Equity10/15 | €5.56M | €508k | €414k | €266k | €102k | ▼ 61.6% |
| Contributions10/11 | €5.61M | €962k | €962k | €962k | €962k | = |
| Revaluation surpluses12 | €1.50M | - | - | - | - | - |
| Reserves13 | €414k | €66k | €66k | €66k | €66k | = |
| Non-distributable reserves130/1 | €62k | - | - | - | - | - |
| Reserves not available under the articles1311 | €62k | - | - | - | - | - |
| Tax-exempt reserves132 | €64k | €10k | €10k | €10k | €10k | = |
| Distributable reserves133 | €288k | €56k | €56k | €56k | €56k | = |
| Profit (loss) carried forward14 | €-1.96M | €-520k | €-614k | €-762k | €-926k | ▼ 21.5% |
| Provisions and deferred taxes16 | €726k | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €298k | - | - | - | - | - |
| Other liabilities and charges164/5 | €298k | - | - | - | - | - |
| Deferred taxes168 | €427k | - | - | - | - | - |
| Amounts payable17/49 | €13.33M | €1.19M | €1.34M | €1.47M | €1.46M | ▼ 1.0% |
| Amounts payable after more than one year17 | €8.90M | - | - | - | - | - |
| Financial debts170/4 | €7.78M | - | - | - | - | - |
| Other amounts payable178/9 | €1.11M | - | - | - | - | - |
| Amounts payable within one year42/48 | €4.28M | €1.19M | €1.34M | €1.47M | €1.46M | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | €528k | - | - | - | - | - |
| Financial debts43 | €41k | - | - | - | - | - |
| Credit institutions430/8 | €41k | - | - | - | - | - |
| Trade debts44 | €1.67M | €125k | €76k | €17k | €21k | ▲ 22.1% |
| Suppliers440/4 | €1.67M | €125k | €76k | €17k | €21k | ▲ 22.1% |
| Taxes, remuneration and social security45 | €234k | €2k | €6k | €5k | €11k | ▲ 94.3% |
| Taxes450/3 | €230k | €2k | €6k | €5k | €11k | ▲ 94.3% |
| Remuneration and social security454/9 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | €1.81M | €1.07M | €1.26M | €1.45M | €1.43M | ▼ 1.6% |
| Accrued charges and deferred income492/3 | €148k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.00M | €-208k | €-94k | €-148k | €-164k | ▼ 10.5% |
| + Depreciation and write-downs630 | €354k | €100k | €110k | €91k | €120k | ▲ 32.6% |
| Operating cash flow (approximation) | €-649k | €-108k | €16k | €-58k | €-44k | ▲ 24.3% |
| Investment in fixed assets (approximation) | - | €8.36M | €-210k | €-47k | €-2k | ▲ 96.3% |
| Change in cash | - | €-34k | €-519 | €14k | €-25k | ▼ 279% |
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-1.00M
Net result drops to €-1.00M, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 242 days late
2020
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Knokke-Heist · 1 establishment unit since 2007
Ground area
732 m²
Building footprint
145 m²
Volume, LiDAR
1,174 m³
Parcel 31332F0169/00B000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
INVEST-CONSTRUCT
since 20072.159.675.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332F0169/00B000 | Flanders | 732 m² | 1 · 145 m² | 11.7 m · 3 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 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,707 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
Founded24-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.