K.G. CONSTRUKS
ActiveSummary
K.G. CONSTRUKS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-11k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 8% of 297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17=
Solvency30▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.5 against 0.52 in 2024; short-term debt: 94.7% and cash: 27.7% of total assets), and 94.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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
5.3%
Return on assets
-1.7%
Age of the figures
9 mo
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 €-11k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 297 sector peers (2025).
NBB · sector comparisonPosition among 297 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
20 d late
2023
23 d late
2022
31 d late
2021
24 d late
2020
4 d early
2019
9 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€25k▼ 83.9%
2020 · €155k
2019: €147k
2020: €155k
2019 → 2021
EBIT margin
-0.6%▼ 85.0pp
2020 · 84.5%
2019: 77.2%
2020: 84.5%
2019 → 2021
Net result
€-11k▼ 38.6%
2024 · €-8k
2018: €-23k
2019: €109k
2020: €127k
2021: €-266
2022: €-843
2023: €-1k
2024: €-8k
2018 → 2025
Working capital
€-310k▼ 3.6%
2024 · €-299k
2018: €-527k
2019: €-461k
2020: €-322k
2021: €-313k
2022: €-302k
2023: €-292k
2024: €-299k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€25k-
Equity€56k-€55k▼ 1.5%€54k▼ 2.3%€46k▼ 14.7%€35k▼ 23.9%
Operating result€-139-€-724▼ 422%€-1k▼ 52.7%€-8k▼ 610%€-12k▼ 47.6%
Net result€-266-€-843▼ 217%€-1k▼ 51.2%€-8k▼ 526%€-11k▼ 38.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €8k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €659k
Fixed assets
€345k ▼ 0.1%
Current assets
€314k ▼ 4.1%
Equity and liabilities €659k
Equity
€35k ▼ 23.9%
Debt
€624k ▼ 0.4%
Debt's share of the balance-sheet total rises from 93.1% to 94.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▼
2024 · €-7k
Cash flow
€-11k▼
2024 · €-8k
Current ratio
0.50▼
2024 · 0.52
Debt to equity
17.73▲
2024 · 13.55
ROE
-31.4%▼
2024 · -17.2%
ROA
-1.7%▼
2024 · -1.2%
Interest coverage
-91.22▼
2024 · -56.38
Debt ≤ 1 year
€624k▼
2024 · €626k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€673k€659k▼
Fixed assets21/28€346k€345k▼
Tangible fixed assets22/27€727€309▼
Plant, machinery and equipment23€237€63▼
Furniture and vehicles24€490€246▼
Financial fixed assets28€345k€345k=
Current assets29/58€327k€314k▼
Amounts receivable within one year40/41€96k€131k▲
Trade receivables40€95k€81k▼
Other amounts receivable41€636€50k▲
Cash at bank and in hand54/58€231k€183k▼
Deferred charges and accrued income490/1-€201
Equity and liabilities
Total equity and liabilities10/49€673k€659k▼
Equity10/15€46k€35k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-10k€-21k▼
Amounts payable17/49€626k€624k▼
Amounts payable within one year42/48€626k€624k▼
Trade debts44€179€390▲
Suppliers440/4€179€390▲
Other amounts payable47/48€626k€623k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€462€418▼
Other operating charges640/8€7k€600▼
Gross operating margin9900€-863€-11k▼
Operating profit (loss)9901€-8k€-12k▼
Financial income75/76B€0€646▲
Recurring financial income75€0€646▲
Financial charges65/66B€131€122▼
Recurring financial charges65€131€122▼
Profit (loss) for the period before taxes9903€-8k€-11k▼
Profit (loss) for the period9904€-8k€-11k▼
Profit (loss) for the period to be appropriated9905€-8k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-21k▼
Profit (loss) brought forward from the previous period14P€-2k€-10k▼
The notes to these accounts (6 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €127k ▲16.6%
Operating result €131k, net result €127k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €109k
Net result €109k after one loss-making year.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
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.
Directors · office · real estate
Directors
3 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, Rijkevorsel · 1 establishment unit since 1999
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.
Oostmalsesteenweg 1572310 RijkevorselGround area
272 m²
Building footprint
120 m²
Volume, LiDAR
807 m³
Parcel 13502E0364/00K002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oostmalsesteenweg 157, 2310 Rijkevorsel
since 19992.090.637.832
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502E0364/00K002 | Flanders | 272 m² | 1 · 120 m² | 10.5 m · 2 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
YKP Construct
BE 1014.335.631
Grimbergen · Eq €35,246
PARKING LINER
BE 0884.715.917
Aalter · Eq €35,564
FRETIME
BE 0478.869.994
Lochristi · Eq €34,733
Entreprises Lambert
BE 0402.557.027
Mettet · Eq €34,703
WILACO
BE 0865.048.671
Malle · Eq €35,734
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 609 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.