Equity
€25,641 from €60,435 in 2022
Equity fell by 58% in 3 years.
K - Constructs
Lifetime
11 annual accounts with figures on one time axispeak €36,526 (2019)
-€5,869▼ €19,891
lowest -€19,735 (2025)
-€19,735▼ €19,132
peak €60,435 (2022)
€25,641▼ 43.5%
€22,068▼ 47.3%
Board1 name since 2014
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €14,022 to -€5,869Loss of €19,735Equity from €45,376 to €25,641Debts from €41,884 to €22,068Cash from €35,927 to €19,145
Key points
from the 2025 annual accountsLosses
-€24,794 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Position in the sector
-€19,735
Lower net result than 90% of companies in construction of buildings. Sector median €8,508 · 10,156 companies.
2025 accounts filed 28 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,820 companies had the same profile as K - Constructs has now. Each dot stands for 13 companies, two years later.
87.9%
were still trading
10.0%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,820 companies, not a prediction for K - Constructs. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0506948823
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“Algemene bouwonderneming in de meest ruime zin; Houtskeletbouw en de afwerking ervan; Renovatie van gebouwen…” (deed in Dutch) · Board composition: (director) · General meeting of 21-12-2023 · Gazette deed
Incorporation
Founder: . · Founding capital of €18,600, 186 shares · Appointment: . (manager) · published on 31-12-2014 · Gazette deed
First establishment
Opcosenstraat 79, Nieuwerkerken (Limb.)
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| K - Constructs Nieuwerkerken (Limb.) | €47,709 | -€5,869 | 53.7% | - |
| HDWORX Huldenberg | €47,101 | -€49,763 | -67.9% | - |
| AMD Ronse | €50,648 | -€14,164 | 36.3% | - |
| ALAIN OTTE Herzele | €45,270 | -€1,548 | 39.0% | - |
| Pas Engineering Ghent | €51,080 | -€2,933 | 44.2% | - |
| DAVENCO Overijse | €41,511 | €324 | 80.9% | - |
| MF SOLUTIONS Hannut | €52,040 | -€7,110 | 56.5% | - |
These companies have the same main activity as K - Constructs: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €41,500 and €52,000, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 18-12-2014Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.238.016.0683850 Nieuwerkerken (Limb.), since 18-12-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Insights on K - Constructs
K - Constructs files the micro format. That format states no turnover. The gross margin fell from €12,762 in 2015 to -€5,869 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about K - Constructs
- What is the company number of K - Constructs?
- The company number of K - Constructs is 0506.948.823. The VAT number is the same number with BE in front: BE 0506.948.823.
- Where is K - Constructs based?
- The registered office is at Opcosenstraat 79, 3850 Nieuwerkerken (Limb.).Company details
- What does K - Constructs do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of K - Constructs?
- K - Constructs is a private limited company (BV).
- When was K - Constructs founded?
- K - Constructs was founded on 18-12-2014.
- Is K - Constructs still active?
- Yes, K - Constructs is an active enterprise in the KBO register.
- What is the turnover of K - Constructs?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is K - Constructs profitable?
- In financial year 2025, K - Constructs made a loss of €19,735.
- Where can I find the annual accounts of K - Constructs?
- K - Constructs filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of K - Constructs due?
- K - Constructs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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