K-construct
Active1 interim measureThe file of K-construct contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.9% (low). The 2025 annual accounts show equity of €97k and a net result of €85k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 48% of 3468 sector peers (fiscal year 2025).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency73▲+39
Growth85▲+17
Track record80
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 2.4 against 1.23 in 2024; short-term debt: 37% and cash: 17.8% of total assets), but 51.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
48.2%
Return on assets
42.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
30 d late
2023
92 d late
2022
106 d late
2021
457 d late
2020
95 d late
2019
2 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€138k▲ 449%
2018 · €25k
2018: €25k
2018 → 2019
EBIT margin
3.9%▲ 3.3pp
2018 · 0.5%
2018: 0.5%
2018 → 2019
Net result
€85k
2024 · €-64k
2018: €36
2019: €3k
2020: €26k
2021: €-3k
2022: €33k
2023: €5k
2024: €-64k
2018 → 2025
Working capital
€104k▲ 300%
2024 · €26k
2018: €-8k
2019: €-9k
2020: €-5k
2021: €11k
2022: €43k
2023: €50k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€75k▲ 79.3%€80k▲ 6.7%€16k▼ 80.1%€97k▲ 514%
Operating result€554-€54k▲ 9,664%€9k▼ 83.7%€-53k€104k
Net result€-3k-€33k€5k▼ 84.8%€-64k€85k
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 returns to profit in 2025: €104k after a loss of €53k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€23k▼ 21.7%
Current assets
€179k▲ 28.0%
Equity and liabilities €202k
Equity
€97k▲ 514%
Debt
€104k▼ 31.8%
The debt ratio falls from 90.6% to 51.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113k▲
2024 · €-41k
Cash flow
€94k▲
2024 · €-52k
Solvency
48.2%▲
2024 · 9.4%
Current ratio
2.40▲
2024 · 1.23
Quick ratio
2.40▲
2024 · 1.23
Debt / equity
1.07▼
2024 · 9.67
ROE
87.6%▲
2024 · -403.0%
ROA
42.2%▲
2024 · -37.8%
Interest coverage
15.33▲
2024 · -6.89
Debt
€104k▼
2024 · €153k
Debt ≤ 1 year
€75k▼
2024 · €114k
Debt > 1 year
€30k▼
2024 · €39k
Income taxes
€13k▲
2024 · €4k
Staff costs
€170k▲
2024 · €164k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€169k€202k▲
Fixed assets21/28€29k€23k▼
Tangible fixed assets22/27€29k€23k▼
Plant, machinery and equipment23€5k€1k▼
Furniture and vehicles24€9k€9k▲
Other tangible fixed assets26€15k€13k▼
Financial fixed assets28€25€25=
Current assets29/58€140k€179k▲
Amounts receivable within one year40/41€82k€141k▲
Trade receivables40€47k€109k▲
Other amounts receivable41€35k€33k▼
Cash at bank and in hand54/58€56k€36k▼
Deferred charges and accrued income490/1€797€1k▲
Equity and liabilities
Total equity and liabilities10/49€169k€202k▲
Equity10/15€16k€97k▲
Contributions10/11€12k€19k▲
Reserves13€46k€79k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€45k€77k▲
Profit (loss) carried forward14€-43k€0▲
Amounts payable17/49€153k€104k▼
Amounts payable after more than one year17€39k€30k▼
Financial debts170/4€39k€30k▼
Amounts payable within one year42/48€114k€75k▼
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€63k€46k▼
Suppliers440/4€63k€46k▼
Taxes, remuneration and social security45€39k€19k▼
Taxes450/3€25k€15k▼
Remuneration and social security454/9€14k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€164k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€9k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€14k€16k▲
Gross operating margin9900€138k€301k▲
Operating profit (loss)9901€-53k€104k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€-59k€98k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€-64k€85k▲
Profit (loss) for the period to be appropriated9905€-64k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€42k▲
Profit (loss) brought forward from the previous period14P-€-43k
Transfer from equity791/2€21k€0▼
Transfer to equity691/2-€32k
To other reserves6921-€32k
Profit to be distributed694/7-€10k
Directors or managers695-€10k
Social balance
Average headcount (FTE)90872.6-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
05-08
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2024
31-12
Financial
Weakest financial yearnet €-64k ▼1372%
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 106 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 457 days late
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 95 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aalter · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maldegemseweg 70A9910 AalterGround area
423 m²
Building footprint
397 m²
Volume, LiDAR
1,763 m³
Parcel 44029B0705/00T000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
K-construct
since 20152.244.884.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029B0705/00T000 | Flanders | 423 m² | 1 · 397 m² | 8.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 1,236 companies in sector 74140 we hold annual accounts for 353. 292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2015
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
74105Other professional, scientific and technical activities
74140Other specialised design activities
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.