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K - Constructs

Active Private limited companyfounded 2014active for 11 yearsOpcosenstraat 79, 3850 Nieuwerkerken (Limb.)KBO/BCE: BE 0506.948.823

Overview

Lifetime

11 annual accounts with figures on one time axis
peak €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 accounts

Equity

€25,641 from €60,435 in 2022

Equity fell by 58% in 3 years.

Losses

-€24,794 in three years
-4,4562023-6032024-19,7352025

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
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the 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% 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Board & ownership

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.)
All 18 events

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
Company details

Annual accounts 2025

-€5,869
€19,735▲ 33×
€25,641▼ 43.5%
€47,709▼ 45.3%
Filing
Filed on 28-08-2026
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
-€5,869
▼ €19,891
-€18,347
▼ €19,115
-€19,735
▼ €19,132
€14,007
▼ 59.6%
53.7%
▲ 1.7 percentage points
1.85
▼ 0.58

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €47,709 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

53.7%

Higher than 61% of 10,171 companies in 2025.

1.85

Higher than 54% of 9,881 companies in 2025.

-41.4%

Lower than 95% of 9,969 companies in 2025.

K - Constructs Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 47,70987,259104,290127,88777,81288,50199,849111,58960,78844,84633,296
21/28 17,31028,38138,02747,28018,25732,37449,82464,76013,95210,39712,527
22/27 17,31028,38138,02747,28018,25732,37449,82464,76013,95210,39712,527
23 2,7624,5324,8784,8319,99213,12019,58123,7382,1551,2521,253
24 14,54923,84933,14942,4498,26519,25430,24341,02211,7979,14511,274
29/58 30,39858,87966,26380,60759,55556,12750,02546,82946,83634,44920,768
40/41 6,57118,62018,19527,40210,5942,8504,79517,483-2,0902,972
40 6,46618,62012,95516,577---10,403-265-
41 106-5,24110,82510,5942,8504,7957,080-1,8252,972
54/58 19,14535,92744,03749,44746,76551,83043,28628,99846,16931,74617,159
490/1 4,6824,3324,0313,7572,1951,4471,945348668613637
Balance sheet: equity and liabilities
10/49 47,70987,259104,290127,88777,81288,50199,849111,58960,78844,84633,296
10/15 25,64145,37645,97960,43551,18650,51742,74430,71035,94323,89320,835
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,600
13 7,04126,77627,37939,36029,36029,36021,86011,86014,3604,360112
130/1 ---1,8601,8601,860-----
130 ------1,8601,8601,8601,860112
1311 ---1,8601,8601,860-----
133 7,04126,77627,37937,50027,50027,50020,00010,00012,5002,500-
14 ---2,4753,2262,5572,2842502,9839332,123
17/49 22,06841,88458,31167,45226,62637,98557,10580,87924,84520,95312,461
17 5,67715,21224,50533,5626,14319,21932,08844,755---
170/4 5,67715,21224,50533,5626,14319,21932,08844,755---
42/48 16,39124,17233,80733,89020,48318,76625,01736,12424,79320,95312,461
42 9,5359,2939,05714,97013,07612,86912,66712,469---
44 2,7509,5477,95716,0592,5854,0611,9802,86712,6997,565175
440/4 2,7509,5477,95716,0592,5854,0611,9802,86712,6997,565175
45 6773,5736,7932,8624,8221,8355,3337,7224,6056,7194,218
450/3 6773,5736,7931,4382,922831,8674,2844,6051,879935
454/9 ---1,4241,9001,7533,4663,437-4,8403,284
47/48 3,4291,75910,000---5,03613,0657,4896,6698,068
492/3 -2,500------52--
Income statement
76A ---6,000-------
9900 -5,86914,0229,49232,61922,69330,58736,52614,37726,23312,97712,762
630 11,07010,96211,04219,25218,08817,44919,02618,4529,4058,1179,165
640/8 1,4082,2921,9972,1971,8811,412623717514887745
9901 -18,347768-3,54711,1692,72311,72616,878-4,79216,3153,9732,852
75/76B 202713493836231368764420
75 202713493836231368764420
65/66B 1,0721,0001,2581,0816418941,6515095711
65 1,0721,0001,2581,0816418941,6515095711
9903 -19,39939-4,45610,1272,11810,85515,240-5,23316,3344,0162,871
67/77 336642-8781,4483,0833,205-4,284957637
9904 -19,735-603-4,4569,2486707,77212,034-5,23312,0503,0592,235
9905 -19,735-603-4,4569,2486707,77212,034-5,23312,0503,0592,235
Appropriation of the result
9906 -19,735-603-1,98112,4753,22610,05712,284-2,25012,9835,1822,235
14P --2,4753,2262,557------
791/2 19,73560311,981----2,500---
691/2 ---10,000-7,50010,000-10,0004,248112
6920 ---------1,748112
6921 ---10,000-7,50010,000-10,0002,500-
694/7 --10,000--------
694 --10,000--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500288.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00500288 PDF
31-12-2024 micro format 30-08-2025 2025-00485160 PDF
31-12-2023 micro format 29-08-2024 2024-00449348 PDF
31-12-2022 micro format 31-08-2023 2023-00396209 PDF
31-12-2021 micro format 31-08-2022 2022-20377716 PDF
31-12-2020 micro format 30-08-2021 2021-57800153 PDF
31-12-2019 micro format 28-08-2020 2020-46300315 PDF
31-12-2018 micro format 12-07-2019 2019-32500380 PDF
31-12-2017 micro format 28-08-2018 2018-52500069 PDF
31-12-2016 micro format 20-07-2017 2017-34100528 PDF
31-12-2015 abbreviated format 18-07-2016 2016-32800278 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
-7,27711,7307,49530,42220,81129,17535,90413,66025,72012,09012,017
-8,66510,3596,58728,50118,75825,22231,06013,21921,45511,17611,399
01,3151,79048,2753,97104,08969,26012,9595,98718,758
-16,781-8,110-5,4112,682-5,0658,54414,288-17,17114,42314,586-
14,00734,70732,45646,71739,07237,36125,00810,70522,04313,4968,307
53.7%52.0%44.1%47.3%65.8%57.1%42.8%27.5%59.1%53.3%62.6%
1.852.441.962.382.912.992.001.301.891.641.67
0.860.921.271.120.520.751.342.630.690.880.60
-77.0%-1.3%-9.7%15.3%1.3%15.4%28.2%-17.0%33.5%12.8%10.7%
-41.4%-0.7%-4.3%7.2%0.9%8.8%12.1%-4.7%19.8%6.8%6.7%
-6.7911.735.9628.1532.45------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,315€1,790€48,275€3,971
€11,070€10,962€11,042€19,252€18,088

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on K - Constructs

The operating result for 2025 is a loss of €18,347, after a profit of €768 in 2024. It is the lowest result since 2015.

Debt's share of the balance-sheet total falls from 48.0% to 46.3%. Equity and debt are lower.

Board & ownership

Board

1 director, since incorporation
Manager
current term since 21-12-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 28-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 13.: Vertegenwoordiging De zaakvoerder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder, met…”
deed of 31-12-2014

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Manager
Board
Mandates as a list
    • Manager, from 10-12-2014 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 28-12-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 14:00

Network & group

No group

K - Constructs has no parent and no holdings in its annual accounts. . is the only director. K - Constructs shares no director with another company.

Timeline

Timeline

18 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Weakest financial year net -€19,735 The net result drops to -€19,735, the lowest from 2015 to 2025.
Annual accounts 2024 filed PDFmicro format · 30 days late
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0506948823
2023
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 21-12-20234 points ▸
  • General meeting, 21-12-2023
  • 186 shares
  • Registered office clause, Opcosenstraat 79, 3850 Nieuwerkerken
  • Board composition, (director)
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Annual accounts 2019 filed PDFmicro format · 28 days late
2019
Back to profit net €12,034 The net result is €12,034, after one loss-making year.
Annual accounts 2018 filed PDFmicro format · 19 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 28 days late
2017
Highest result from 2015 to 2025 net €12,050 ▲294% The net result of €12,050 is the highest of those years.
Annual accounts 2016 filed PDFmicro format · 11 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 13 days before the deadline
2014
IncorporationFounder: . · Founding capital of €18,600, 186 shares · Appointment: . (manager) · published on 31-12-20143 points ▸
  • Founder, .
  • Founding capital, €18,600, 186 shares
  • Director appointment, . (manager)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Opcosenstraat 79, Nieuwerkerken (Limb.)

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

K - Constructs was incorporated on 18 December 2014.1 Since 2023, . has served as manager.2 Total assets fell from €111,589 in 2018 to €47,709 in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0506.948.823
VAT number
BE 0506.948.823
Peppol ID
0208:0506948823
Legal form
Private limited company
Status
Active, normal situation
Founded
18-12-2014
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 14:00
deed of 28-12-2023 (in Dutch)
Peppol
Reachable since 26-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
K - Constructs in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
K - Constructs
deed of 28-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 28-12-2023 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Algemene bouwonderneming in de meest ruime zin; Houtskeletbouw en de afwerking ervan; Renovatie van gebouwen; Het…”
55 activities
  1. Algemene bouwonderneming in de meest ruime zin;
  2. Houtskeletbouw en de afwerking ervan;
  3. Renovatie van gebouwen;
  4. Het ontwikkelen,begeleiden,uitvoeren en commercialiseren van onroerend gxoed projecten,zowel voor derden als in eigen beheer;
  5. Veiligheidscoördinatie;
  6. Betonnen kelders en zwembaden maken;
  7. Het verlenen van bouwkundig advies aan de bouwheer;
  8. Optrekken van de ruwbouw van individuele huizen en van gebouwen;
  9. Optrekken van de ruwbouw van gebouwen met celstructuur(appartementsgebouwen enzovoort);
  10. Optrekken van de ruwbouw van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen,ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur,enzovoort;
  11. Onderneming voor het uitvoeren van metselwerk;
  12. Onderneming voor het uitvoeren van voegwerken;
  13. Slopen van gebouwen en andere bouwwerken;
  14. Grondverzet:graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
  15. Verlaging van het grondwaterpeil en drainage van bouwterreinen;
  16. Ruimen van bouwterreinen;
  17. Aanbrengen in gebouwen en andere bouwwerken van:thermisch isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen;
  18. Aanbrengen van pleister- en stukadoorswerk(inclusief het aanbrengen van een hechtgrond)aan de binnen- of buitenzijde van gebouwen en andere bouwwerken;
  19. Chapewerken;
  20. Montage van buiten- en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;
  21. Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enzovoort,in metaal;
  22. Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort,in metaal;
  23. Installatie van geblindeerde deuren en brandwerende deuren in metaal;
  24. Montage van serres,veranda’s enzovoort in metaal;
  25. Plaatsen van tussenwanden van gipsplaten;
  26. Plaatsen van vloer- en wandtegels;
  27. Schilderen van metalen constructies;
  28. Reinigen van gebouwen;
  29. Bouw van daken;
  30. Plaatsen van dakbedekking van ongeacht welk materiaal;
  31. Plaatsen van dakgoten en regenafvoerbuizen;
  32. Waterdicht maken van daken en dakterrassen;
  33. Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort;
  34. Onderneming voor het bouwen van open haarden,stookplaatsen,sierschouwen,enzovoort;
  35. Onderneming voor het monteren van niet - zelfvervaardigde metalen constructiewerken;
  36. Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden;
  37. Montage van hangars,loodsen,schuren,silo’s,enzovoort voor landbouwdoeleinden;
  38. Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers inclusief het plaatsen van vangrails;
  39. Onderneming voor het vlechten van ijzer en aanbrengen van bekisting;
  40. Onderneming voor het optrekken en afbreken van steigers en werkplatforms;
  41. Houwen,bewerken en afwerken van natuursteen voor gebruik in de bouw,op wegen,als dakbedekking,enzovoort;
  42. Bewerking van door steengroeven geleverde ruwe steen;
  43. Productie van grafstenen en –monumenten,inclusief de eventuele verplaatsing;
  44. Vervaardiging van metalen constructiewerken of gebinten voor de bouw;
  45. Algemene coördinatiewerkzaamheden bouwwerf;
  46. Aanleg van waterdistributienetten en rioleringen;
  47. Onderneming voor het plaatsen van elektronische installaties,verwarmingsinstallaties,installatiewerken van alternatieve energie en sanitaire installaties;
  48. Onderneming voor installatie van verlichting,luchtbehandeling,geluidsinstallaties,hydraulische en persluchtinstallaties,alarm en beveiligingsinstallaties,netwerkinstallaties,koelinstallaties,liften en roltrappen,thermische isolatiewerken en waterdichtingswerken,drijfkracht en telefoon;
  49. Onderneming voor werken van milieubehoud en verbetering,bodemsanering,afvalverwerking en recyclagewerken;
  50. Klein- en groothandel in bouwmaterialen en aanverwante artikelen in de meest ruime zin;
  51. Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen;
  52. Verspreiden en thuisbezorgen van monsters en reclamemateriaal,inclusief streekkrantjes en dergelijke;
  53. De in- en uitvoer,aan- en verkoop zowel in groot- als in kleinhandel,de handel als commissionair of consignataris,de distributie,kortom de handel in haar vormen van alle produkten,waren en goederen in de handel;
  54. Het verlenen van diensten en adviezen aan personen en bedrijven,in het algemeen,met betrekking tot bedrijfsbeheer,managementadvies,opportuniteitsonderzoek,marketing,en al wat daarmede rechtstreeks of onrechtstreeks verband houdt;
  55. Zij mag deelnemen,participeren of tussenkomen in andere ondernemingen of vennootschappen of aan deze toestaan tussen te komen,deel te nemen of te participeren in haar bedrijf,wanneer deze ondernemingen of vennootschappen een identiek,analoog,gelijkaardig of aanverwant voorwerp hebben dan wel van aard zijn de ontwikkeling van de vennootschap te bevorderen.
deed of 28-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Opcosenstraat 79 registered office 3850 Nieuwerkerken (Limb.) 4100102 General construction of residential buildings 18-12-2014 2.238.016.068

Buildings and parcels at the address

Ground area
701 m²
Buildings
131 m²
Volume, LiDAR
993 m³
Tallest building
9.8 m
Buildings to scale, each on its own parcel
131 m², 9.8 m 131 m², 9.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
71031B0079/00K000701 m² 1 · 131 m² 9.8 m · 3

Contact

E-mail kevin.vandevoort@telenet.be

Invoicing and payment

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. Use the enterprise number 0506.948.823