KARYDA CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of KARYDA CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €73k and a net result of €3k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-32
Solvency100▲+11
Growth53▼-15
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 6.16 against 2.19 in 2024; short-term debt: 13.7% and cash: 3.6% of total assets), and 13.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 24-07-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
not confirmed
2025
38 d early
2024
11 d late
2023
11 d late
2022
15 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Turnover
€359k▼ 18.3%
2024 · €439k
2022: €297k
2023: €472k
2024: €439k
2022 → 2025
EBIT margin
-0.8%▼ 5.1pp
2024 · 4.3%
2022: 9.1%
2023: 7.5%
2024: 4.3%
2022 → 2025
Net result
€3k▼ 85.1%
2024 · €17k
2022: €21k
2023: €27k
2024: €17k
2022 → 2025
Working capital
€60k▲ 25.8%
2024 · €48k
2022: €6k
2023: €38k
2024: €48k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€297k-€472k▲ 58.9%€439k▼ 7.1%€359k▼ 18.3%
Equity€26k-€53k▲ 106%€71k▲ 32.5%€73k▲ 3.6%
Operating result€27k-€35k▲ 30.7%€19k▼ 46.7%€-3k
Net result€21k-€27k▲ 30.9%€17k▼ 36.8%€3k▼ 85.1%
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 €3k after €19k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€13k▼ 42.8%
Current assets
€72k▼ 18.3%
Equity and liabilities €85k
Equity
€73k▲ 3.6%
Debt
€12k▼ 70.9%
The debt ratio falls from 36.2% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €26k
Cash flow
€11k▼
2024 · €24k
Solvency
86.3%▲
2024 · 63.8%
Current ratio
6.16▲
2024 · 2.19
Quick ratio
6.16▲
2024 · 2.19
Debt / equity
0.16▼
2024 · 0.57
ROE
3.5%▼
2024 · 24.5%
ROA
3.0%▼
2024 · 15.6%
Interest coverage
3.12▼
2024 · 21.94
Debt
€12k▼
2024 · €40k
Debt ≤ 1 year
€12k▼
2024 · €40k
Income taxes
€725▼
2024 · €4k
Staff costs
€23k▲
2024 · €18k
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€111k€85k▼
Fixed assets21/28€23k€13k▼
Tangible fixed assets22/27€23k€13k▼
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€9k€2k▼
Current assets29/58€88k€72k▼
Amounts receivable within one year40/41€87k€69k▼
Trade receivables40€78k€42k▼
Other amounts receivable41€9k€27k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€111k€85k▼
Equity10/15€71k€73k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€66k€68k▲
Amounts payable17/49€40k€12k▼
Amounts payable within one year42/48€40k€12k▼
Trade debts44€27k€3k▼
Suppliers440/4€27k€3k▼
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€11k€3k▼
Remuneration and social security454/9€2k€6k▲
Income statement
Code20242025
Turnover70€439k€359k▼
Goods, raw materials, services and sundry goods60/61€395k€328k▼
Remuneration, social security and pensions62€18k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€450€2k▲
Gross operating margin9900€44k€30k▼
Operating profit (loss)9901€19k€-3k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€1k▼
Non-recurring financial income76B€4k€6k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€22k€3k▼
Income taxes67/77€4k€725▼
Profit (loss) for the period9904€17k€3k▼
Profit (loss) for the period to be appropriated9905€17k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€68k▲
Profit (loss) brought forward from the previous period14P€48k€66k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
Financial
Weakest financial yearnet €3k ▼85.1%
Net result drops to €3k, the lowest in the series.
31-01
Financial
Liquidity triplescurrent ratio 6.16
Current ratio from 2.19 to 6.16; short-term debt falls from €40k to €12k.
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
31-01
Financial
Highest result since 2022net €27k ▲30.9%
Operating result €35k, net result €27k, both a record.
31-01
Financial
Liquidity doublescurrent ratio 3.22
Current ratio from 1.43 to 3.22.
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Dilbeek · 1 establishment unit since 2020
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.
Berchemstraat 161700 DilbeekGround area
867 m²
Building footprint
393 m²
Volume, LiDAR
3,539 m³
2 parcels, Brussels, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KARYDA CONSTRUCT
since 20202.310.036.489
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0183/00S000 | Flanders | 678 m² | 1 · 260 m² | 13.1 m · 3 fl. |
| 21001A0511/00T002 | Brussels | 188 m² | 1 · 133 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2020
Fiscal year end31-01
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
43350Other building finishing work
43995Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.