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KAB CONSTRUCT

Active Private limited companyfounded 2018active for 8 yearsKruis 186, 9402 NinoveKBO/BCE: BE 0695.709.041
KAB CONSTRUCT
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Overview

Lifetime

8 annual accounts with figures on one time axis
peak €24,168 (2020)
€9,635▼ 59.7%
lowest -€2,575 (2022)
-€1,317▼ €14,774
peak €51,595 (2024)
€38,513▼ 25.4%
€6,457▲ 361%
Board4 names since 2018
1 director
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €23,905 to €9,635Loss of €1,317Dividend €11,765Equity from €51,595 to €38,513Debts from €1,402 to €6,457

Key points

from the 2025 annual accounts

Equity

€38,513 ▼ 25.4%
51,5952024-1,317Loss-11,765Dividend38,5132025

KAB CONSTRUCT paid out €11,765 in dividends in a year with a loss of €1,317.

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Liquidity

6.53 was 30.81 in 2024

Short-term debts rose from €1,402 to €6,457.

Filings

8 annual accounts 3 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 90 days after the end of the period.

Position in the sector

85.6%

Higher solvency than 92% of companies in construction of buildings. Sector median 42.9% · 9,471 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,440 companies had the same profile as KAB CONSTRUCT has now. Each dot stands for 9 companies, two years later.

90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 3,440 companies, not a prediction for KAB CONSTRUCT. 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

Director
  • 100 sharesdeed of 07-08-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0695709041
Registered office moved from Brussels to Ninove New registered office: Kruis 186, 9402 Ninove (Meerbeke) · Previous registered office: rue du Vautour 31, 1000 Bruxelles · General meeting of 25-09-2020 · Gazette deed
1 director appointed, 3 managers resigning Transfer of 35 shares from to · Transfer of 30 shares from to · Resignations: , and · General meeting of 01-07-2020 · Gazette deed
Incorporation Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: , and · Appointments: , and · published on 08-05-2018 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
KAB CONSTRUCT Ninove €44,970 €9,635 85.6% -
MATTHIAS TAVEIRNE ALGEMENE KARWEIEN Aalter €37,269 €8,603 52.4% -
BRABO BOUW Hamme (Vl.) €53,672 €11,398 70.4% -
ACTUAL BATI Morlanwelz €43,658 €8,439 63.4% -
Jelle V N Zedelgem €50,493 €8,705 41.5% -
ITA CONSTRUCT Anderlecht €48,846 €11,231 58.7% -
BFO INVEST Oupeye €42,639 €8,371 86.2% -

These companies have the same main activity as KAB CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €37,300 and €53,700, founded in 2018.

Official details

Source: KBO
Status
Active since 04-05-2018Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.309.475.4739402 Ninove, since 04-05-2018
Financial year end
31 December
Peppol
Reachable since 02-12-2025
Company details

Annual accounts 2025

€9,635▼ 59.7%
€1,317
€38,513▼ 25.4%
€44,970▼ 15.1%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on KAB CONSTRUCT

KAB CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €3,369 in 2018 to €9,635 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 13-07-2026, 18 days before the deadline
€9,635
▼ 59.7%
€1,994
▼ 85.8%
€8,964
▼ 62.1%
€5,652
▼ 75.5%
85.6%
▼ 11.7 percentage points
6.53
▼ 24.28

Money flows

no detail for 2025

Balance sheet

balance sheet total €44,970 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

85.6%

Higher than 92% of 9,471 companies in 2025.

6.53

Higher than 91% of 9,219 companies in 2025.

-2.9%

Higher than 20% of 9,291 companies in 2025.

KAB CONSTRUCT 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 Trend20252024202320222021202020192018
Balance sheet: assets
20/58 44,97052,99740,24030,07732,42633,32916,39929,456
21/28 2,8299,79919,45116,96515,43519,6196,0123,334
22/27 2,8119,78119,43316,94715,41719,6196,0123,334
23 1723,7587,64511,53115,41718,030--
24 2,6396,02211,7895,417-1,5906,0123,334
28 1818181818---
29/58 42,14143,19820,78813,11216,99113,71010,38726,122
40/41 7,17512,5024,2275,5768,9515,7218,61920,239
40 ---1803,180-5,45220,232
41 7,17512,5024,2275,3965,7705,7213,1677
54/58 34,96630,69716,5617,5368,0417,4101,7685,883
490/1 -----578--
Balance sheet: equity and liabilities
10/49 44,97052,99740,24030,07732,42633,32916,39929,456
10/15 38,51351,59538,13829,64132,21626,57912,9127,643
10/11 18,60018,60018,60012,20012,20012,20012,2006,200
100 ------18,60018,600
101 ------6,40012,400
13 7272727272727272
130/1 727272727272--
130 ------7272
1311 727272727272--
14 19,84132,92319,46617,36919,94414,3076401,371
17/49 6,4571,4022,1024362106,7503,48721,812
42/48 6,4571,4022,1024362106,7503,48721,812
44 3,2981,0182,102376210-60119,979
440/4 3,2981,0182,102376210-60119,979
45 1,938-----2001,400
450/3 1,938-------
454/9 ------2001,400
47/48 1,220384-60-6,7502,687434
Income statement
70 -------40,697
76A 826-9,010-----
9900 9,63523,90511,7803,76614,12924,1684,4563,369
60/61 -------37,328
630 6,9699,6537,0146,2705,5031,6893,4221,667
640/8 67225772811293606280255
66A -----53100-
9901 1,99413,9954,038-2,5148,33221,8206531,447
75/76B ---260624362
75 ---260624362
65/66B 2942692603213171,4461,0996
65 294269260321317218106
66B -----1,2291,088-
9903 1,70013,7263,778-2,5758,07820,417-4391,443
67/77 3,0182691,681-2,440-292-
9904 -1,31713,4572,097-2,5755,63720,417-7321,443
9905 -1,31713,4572,097-2,5755,63720,417-7321,443
Appropriation of the result
9906 31,60532,92319,46617,36919,94421,0576401,443
14P 32,92319,46617,36919,94414,307---
691/2 -------72
6920 -------72
694/7 11,765----6,750--
694 11,765-------
695 -----6,750--
Document PDFPDFPDFPDFPDFPDFPDFPDF

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 13-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 13-07-2026 2026-00291010 PDF
31-12-2024 micro format 25-07-2025 2025-00312853 PDF
31-12-2023 micro format 24-07-2024 2024-00285098 PDF
31-12-2022 micro format 27-07-2023 2023-00289907 PDF
31-12-2021 micro format 16-08-2022 2022-20297661 PDF
31-12-2020 micro format 30-07-2021 2021-45200154 PDF
31-12-2019 micro format 29-10-2020 2020-68400394 PDF
31-12-2018 micro format 31-08-2019 2019-63600422 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
8,96423,64811,0523,75613,83623,5094,0763,114
5,65223,1109,1113,69411,14122,1062,6913,110
009,5007,8001,31918,1307,7685,000
4,26914,1359,025-5056315,641-4,115-
35,68341,79618,68612,67516,7816,9606,9004,310
-------3.6%
85.6%97.4%94.8%98.5%99.4%79.7%78.7%25.9%
6.5330.819.8930.0580.952.032.981.20
0.170.030.060.010.010.250.272.85
-3.4%26.1%5.5%-8.7%17.5%76.8%-5.7%18.9%
-2.9%25.4%5.2%-8.6%17.4%61.3%-4.5%4.9%
30.4887.7742.5411.7043.70---
-------181 days
-------195 days

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--€9,500€7,800€1,301
Financial fixed assets----€18
€6,969€9,653€7,014€6,270€5,503

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

Insights on KAB CONSTRUCT

The operating result for 2025 is 86% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 2.6% to 14.4%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, no change since 2020
Director
current term since 01-07-2020
listed in the 2025 annual accounts, filed on 13-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each manager alone
deed of 08-05-2018

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Manager

Manager

Manager

Manager
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager, appointed by deed of 08-05-2018, still in office
    • Manager, until 07-08-2020
    • Manager, appointed by deed of 08-05-2018, until 30-06-2020
    • Manager, appointed by deed of 08-05-2018, until 30-06-2020

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

Control

Shareholder
This company
KAB CONSTRUCT
Equity €38,513
Loss €1,317 in 2025

Capital

Contribution
€18,600
Shares
100
Contribution per share
€186
Equity per share
€385 in 2025
Source
2025 annual accounts

Articles of association

deed of 21-10-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene kosten,los van representatie-,reis-en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June

Shareholders

Stated in the deed deed of 07-08-2020 ↗
  • 100 shares
Share transfer deed of 07-08-2020 ↗
  • to 35 shares
  • to 30 shares
At incorporation deed of 08-05-2018 ↗
  • 35 shares (35%) · €6,510
  • 35 shares (35%) · €6,510
  • 30 shares (30%) · €5,580

Capital transactions

Capital over time
  1. 21-10-2020 Converted to unavailable equity · €12,272
  2. 21-10-2020 Converted to unavailable equity
  3. 08-05-2018 Incorporation · €18,600 · 100 shares

Network & group

No group

KAB CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.

Earlier ties

via , at KAB CONSTRUCT until 2020 · Manager · deed of 28-12-2017
Open bankruptcy · founded in 2017
 total assets €45,169 (2020)
via , at KAB CONSTRUCT until 2020 · Manager · deed of 21-09-2016
Bankrupt
via , at KAB CONSTRUCT until 2020 · Manager · deed of 13-07-2017
No longer active

Connections & network

Depth
Shared director Shared director Shared director KAB CONSTRUCT KABCONSTRUCT0695.709.041
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

19 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 18 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0695709041
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Liquidity more than triples current ratio 30.81 The current ratio rises from 9.89 to 30.81. Short-term debt falls from €2,102 to €1,402.
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2023
Back to profit net €2,097 The net result is €2,097, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 4 days before the deadline
2022
Weakest financial year net -€2,575 The net result drops to -€2,575, the lowest from 2018 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 16 days late
2021
Liquidity more than 39 times current ratio 80.95 The current ratio rises from 2.03 to 80.95. Short-term debt falls from €6,750 to €210.
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2020
Back to profit net €20,417 The net result is €20,417, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 90 days late
Registered office moved from Brussels to NinoveNew registered office: Kruis 186, 9402 Ninove (Meerbeke) · Previous registered office: rue du Vautour 31, 1000 Bruxelles · General meeting of 25-09-20202 points ▸
  • General meeting, 25-09-2020
  • 100 shares

Open the deed in the Belgian Official Gazette

1 director appointed, 3 managers resigningTransfer of 35 shares from to · Transfer of 30 shares from to · Resignations: , and · General meeting of 01-07-20208 points ▸
  • General meeting, 01-07-2020
  • Director resignation, (manager)
  • Director appointment,
  • Director resignation, (manager)
  • Director resignation, (manager)
  • Share transfer, , 35 shares
  • Share transfer, , 30 shares
  • holds 100 shares

Open the deed in the Belgian Official Gazette

2019
Liquidity more than doubled current ratio 2.98 The current ratio rises from 1.20 to 2.98. Short-term debt falls from €21,812 to €3,487.
Annual accounts 2018 filed PDFmicro format · 31 days late
2018
IncorporationFounding capital of €18,600, 100 shares, €6,200 paid up · Founders: , and · Appointments: , and · published on 08-05-201810 points ▸
  • Founder,
  • Founder,
  • Founder,
  • Founding capital, €18,600, 100 shares
  • Registered office clause, Rue du Vautour 31, 1000 BRUXELLES, mentioned twice in the deed
  • Capital, €18,600, 100 shares
  • Board rule, 3
  • Director appointment, (manager)
  • Director appointment, (manager)
  • Director appointment, (manager)
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

First establishment Kruis 186, Ninove

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

A deed published in both Dutch and French appears here once.

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

History

KAB CONSTRUCT was incorporated on 4 May 2018 by three natural persons, with a starting capital of €18,600.12 The registered office was moved to Ninove in 2020.3 Since 2020, has served as director.4 Total assets rose from €29,456 in 2018 to €44,970 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-05-2018
  3. 3Belgian Official Gazette, 21-10-2020
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0695.709.041
VAT number
BE 0695.709.041
Peppol ID
0208:0695709041
Legal form
Private limited company
Status
Active, normal situation
Founded
04-05-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June
deed of 21-10-2020 (in Dutch)
Peppol
Reachable since 02-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
KAB CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-10-2020 (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 21-10-2020 (in Dutch)

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
Codes under NACEBEL 2008
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De algemene aannemer voor alle openbare en particuliere werken, en meer bepaald aan het algemene bouwbedrijf, d.w.z. in het algemeen alle…”
24 activities
  1. De algemene aannemer voor alle openbare en particuliere werken, en meer bepaald aan het algemene bouwbedrijf, d.w.z. in het algemeen alle bouwwerkzaamheden, renovaties, verbouwingen, restauraties, sloopwerken, afwerkingswerken en bouwafwerkingen in al zijn toepassingen;
  2. Metselwerk, schilderwerk, binnen- en buitenafwerking, installatie van plafonds, gevelreiniging, timmerwerk, plaatsen van mozaïeken en tegels, plaatsen van sanitair, voegwerken, zandstralen, bekisting, stukadoorswerk, reiniging, sloop en grondwerken, en meer in het algemeen, het algemene bouwbedrijf;
  3. Dakwerken en plaatsen van stellingen, gevelhestellingen;
  4. De drainage van bouwterreinen, proefboren en boren, bouw van tunnels, brugen en viaducten, bouw van start- en landingsbanen, baggerwerken, bouwen van funderingen, bouwen van kluizen, isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
  5. De installatie en reparatie van ramen, de vervaardiging en marketing van ramen en alle diensten in verband met dit product;
  6. De installatie van houten scheidingswanden en houten valse plafonds, de installatie van intrekbare deuren en van stores;
  7. Verhuur van containers;
  8. Recycling en sortering van afval, en ook de recuperatie en de waardering van ferro- en non-ferrometalen;
  9. Vernietiging en sloop;
  10. Platsen en verwijderen van tegels, structurele werkzaamheden, vervaardiging en plaatsen van houten panelen en gipspanelen, vervaardiging en plaatsen van triplex;
  11. De vervaardiging van geprefabriceerde bouwelementen van cement en beton, aanbrengen van bekisting, het afdekken van beschermende bedekkings;
  12. Vervaardiging en plaatsen van metalen constructiewerken of gebinten voor de bouw, vervaardiging en plaatsen van metalen deuren en vensters;
  13. Algemene bouw van niet-residentiële gebouwen, voegwerken, cementeren, montage van hangars, schuren en silo's, bouw van wegen, schilderen van markeringen op wegen, bouw van rioleringen, bouw van andere civieltechnische werken;
  14. Plaatsen van tegels en van steensoorten, houwen van stenen van het land en van marmer, houwen, bewerken en afwerken van natuursteen, bewerking van ruwe steen, vervaardiging van asfalt werken;
  15. Gespecialiseerde bouwactiviteiten, grondverzet, drainage van terreinen, ruimen van bouwterreinen, proefboren en boren, installatie van bewakingssystemen en van communicatieapparatuur, elektrotechnische installatiewerken;
  16. Isolatiewerkzaamheden tegen geluid en thermische isolatiewerkzaamheden, overige werkzaamheden in verband met de afwerking van gebouwen, zandstralen, reiniging en ontschuiming van daken, plaatsen van gipsplaten;
  17. Verkoop, plaatsen en vervaardiging van fotovoltaïsche panelen, plaatsen en vervaardiging van waterafstotende bedekking, vloerbedekking;
  18. Het leegmaken van septische tanks en afvoerkanalen, het leegmaken van industriele opvangbekkens van vloeibare afvalstoffen, het schrapen en verspreiden van vloeibaar afvalstoffen;
  19. Vervaardiging van elektrische panelen voor het opvangen van zonne-energie, grondverzet en ophogen, nivelleren en grondverzet met behulp van explosieven;
  20. Voegwerken, installatie van particuliere zwembaden, het bestrijden van ongedierte en de installatie van verkeersborden;
  21. Het ruimen van septische tanks, aanleg van dammen en dijken, bouw van speelterreinen;
  22. Groot- en detailverkoop van tegels, van natuursteen, marmer en bouwmaterialen;
  23. Verhuisonderneming en liftverhuur;
  24. Verhuur van z-platen voor het presenteren van
deed of 21-10-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kruis 186 registered office 9402 Ninove 04-05-2018 2.309.475.473
1 former office
  • 1000 Bruxelles until the deed of 21-10-2020

Buildings and parcels at the address

Ground area
317 m²
Buildings
215 m²
Volume, LiDAR
1,176 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
215 m², 9.6 m 215 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
41038B0606/00E002317 m² 1 · 215 m² 9.6 m · 2

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 0695.709.041

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