K - Constructs
ActiveK - Constructs has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-20k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 61% of 7431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-68
Solvency79▲+2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.44 in 2024; short-term debt: 34.4% and cash: 40.1% of total assets), and 46.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.7%
Return on assets
-41.4%
Age of the figures
9 mo
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 €-20k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
30 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
28 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 43.5%
2024 · €45k
2018: €31k
2019: €43k
2020: €51k
2021: €51k
2022: €60k
2023: €46k
2024: €45k
2018 → 2025
Total assets
€48k▼ 45.3%
2024 · €87k
2018: €112k
2019: €100k
2020: €89k
2021: €78k
2022: €128k
2023: €104k
2024: €87k
2018 → 2025
Net result
€-20k▼ 3,173%
2024 · €-603
2018: €-5k
2019: €12k
2020: €8k
2021: €670
2022: €9k
2023: €-4k
2024: €-603
2018 → 2025
Working capital
€14k▼ 59.6%
2024 · €35k
2018: €11k
2019: €25k
2020: €37k
2021: €39k
2022: €47k
2023: €32k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€60k▲ 18.1%€46k▼ 23.9%€45k▼ 1.3%€26k▼ 43.5%
Operating result€3k-€11k▲ 310%€-4k€768€-18k
Net result€670-€9k▲ 1,281%€-4k€-603▲ 86.5%€-20k▼ 3,173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €768 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€17k▼ 39.0%
Current assets
€30k▼ 48.4%
Equity and liabilities €48k
Equity
€26k▼ 43.5%
Debt
€22k▼ 47.3%
The debt ratio falls from 48.0% to 46.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €12k
Cash flow
€-9k▼
2024 · €10k
Solvency
53.7%▲
2024 · 52.0%
Current ratio
1.85▼
2024 · 2.44
Quick ratio
1.85▼
2024 · 2.44
Debt / equity
0.86▼
2024 · 0.92
ROE
-77.0%▼
2024 · -1.3%
ROA
-41.4%▼
2024 · -0.7%
Interest coverage
-6.79▼
2024 · 11.73
Debt
€22k▼
2024 · €42k
Debt ≤ 1 year
€16k▼
2024 · €24k
Debt > 1 year
€6k▼
2024 · €15k
Income taxes
€336▼
2024 · €642
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€87k€48k▼
Fixed assets21/28€28k€17k▼
Tangible fixed assets22/27€28k€17k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€24k€15k▼
Current assets29/58€59k€30k▼
Amounts receivable within one year40/41€19k€7k▼
Trade receivables40€19k€6k▼
Other amounts receivable41-€106
Cash at bank and in hand54/58€36k€19k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€87k€48k▼
Equity10/15€45k€26k▼
Contributions10/11€19k€19k=
Reserves13€27k€7k▼
Distributable reserves133€27k€7k▼
Amounts payable17/49€42k€22k▼
Amounts payable after more than one year17€15k€6k▼
Financial debts170/4€15k€6k▼
Amounts payable within one year42/48€24k€16k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€4k€677▼
Taxes450/3€4k€677▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€14k€-6k▼
Operating profit (loss)9901€768€-18k▼
Financial income75/76B€271€20▼
Recurring financial income75€271€20▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€39€-19k▼
Income taxes67/77€642€336▼
Profit (loss) for the period9904€-603€-20k▼
Profit (loss) for the period to be appropriated9905€-603€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-603€-20k▼
Transfer from equity791/2€603€20k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Nieuwerkerken (Limb.) · 1 establishment unit since 2014
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.
Opcosenstraat 793850 Nieuwerkerken (Limb.)Ground area
701 m²
Building footprint
131 m²
Volume, LiDAR
993 m³
Parcel 71031B0079/00K000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
K - Constructs
since 20142.238.016.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71031B0079/00K000 | Flanders | 701 m² | 1 · 131 m² | 9.8 m · 3 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.
Similar companies · same sector, comparable size
Gio Projects
BE 1011.494.026
Ronse · Eq €26k
CEUPPENS CONSTRUCT BOUWONDERNEMING
BE 0749.630.747
Bornem · Eq €26k
TIHA
BE 0804.145.143
Vilvoorde · Eq €26k
Les Ateliers Triplan
BE 0808.696.423
Fleurus · Eq €26k
FELIX VERHAEGHE
BE 0450.806.906
Roeselare · Eq €26k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kevin.vandevoort@telenet.be