KERREBROUCK CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of KERREBROUCK CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €36k and a net result of €15k. Equity is growing by ~54.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability96▲+10
Solvency79▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.69 in 2023; short-term debt: 40.8% and cash: 48.5% of total assets), and 46.4% of the assets are financed with debt.
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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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
53.6%
Return on assets
21.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
37 d early
2022
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 68.7%
2023 · €21k
Total assets
€68k▲ 5.4%
2023 · €64k
Net result
€15k▲ 67.8%
2023 · €9k
Working capital
€26k▲ 51.2%
2023 · €17k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€16k-€13k▼ 16.2%€21k▲ 57.4%
Net result€10k-€9k▼ 9.2%€15k▲ 67.8%
Equity€13k-€21k▲ 69.3%€36k▲ 68.7%
Total assets€59k-€64k▲ 7.9%€68k▲ 5.4%
Debt€47k-€43k▼ 8.8%€31k▼ 26.5%
Working capital€-706-€17k€26k▲ 51.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 57% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68k
Fixed assets
€14k ▼ 36.8%
Current assets
€53k ▲ 27.8%
Equity and liabilities €68k
Equity
€36k ▲ 68.7%
Debt
€31k ▼ 26.5%
Debt's share of the balance-sheet total falls from 66.5% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▲
2023 · €22k
Cash flow
€24k▲
2023 · €18k
Current ratio
1.94▲
2023 · 1.69
Debt to equity
0.87▼
2023 · 1.99
ROE
40.7%▼
2023 · 40.9%
ROA
21.8%▲
2023 · 13.7%
Interest coverage
27.94▲
2023 · 21.24
Debt ≤ 1 year
€28k▲
2023 · €25k
Debt > 1 year
€4k▼
2023 · €18k
Income taxes
€5k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €9k | €9k | ▲ 2.3% |
| Other operating charges640/8 | €1k | €202 | €396 | ▲ 95.8% |
| Gross operating margin9900 | €32k | €23k | €31k | ▲ 35.7% |
| Operating profit (loss)9901 | €16k | €13k | €21k | ▲ 57.4% |
| Financial income75/76B | €3 | €40 | €4 | ▼ 90.8% |
| Recurring financial income75 | €3 | €40 | €4 | ▼ 90.8% |
| Financial charges65/66B | €2k | €1k | €1k | ▲ 2.8% |
| Recurring financial charges65 | €2k | €1k | €1k | ▲ 2.8% |
| Profit (loss) for the period before taxes9903 | €14k | €12k | €20k | ▲ 61.6% |
| Income taxes67/77 | €4k | €4k | €5k | ▲ 46.4% |
| Profit (loss) for the period9904 | €10k | €9k | €15k | ▲ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €10k | €9k | €15k | ▲ 67.8% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €59k | €64k | €68k | ▲ 5.4% |
| Fixed assets21/28 | €31k | €22k | €14k | ▼ 36.8% |
| Tangible fixed assets22/27 | €30k | €21k | €13k | ▼ 38.6% |
| Plant, machinery and equipment23 | €2k | €2k | €858 | ▼ 43.6% |
| Furniture and vehicles24 | €4k | €3k | €3k | ▼ 7.2% |
| Leasing and similar rights25 | €24k | €17k | €9k | ▼ 44.2% |
| Financial fixed assets28 | €1k | €1k | €1k | = |
| Current assets29/58 | €28k | €42k | €53k | ▲ 27.8% |
| Amounts receivable within one year40/41 | €17k | €22k | €20k | ▼ 6.7% |
| Trade receivables40 | €15k | €18k | €20k | ▲ 9.6% |
| Other amounts receivable41 | €2k | €4k | €402 | ▼ 88.7% |
| Cash at bank and in hand54/58 | €11k | €19k | €33k | ▲ 71.7% |
| Deferred charges and accrued income490/1 | €618 | €1k | €543 | ▼ 52.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €59k | €64k | €68k | ▲ 5.4% |
| Equity10/15 | €13k | €21k | €36k | ▲ 68.7% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €10k | €18k | €33k | ▲ 79.9% |
| Distributable reserves133 | €10k | €18k | €33k | ▲ 79.9% |
| Amounts payable17/49 | €47k | €43k | €31k | ▼ 26.5% |
| Amounts payable after more than one year17 | €18k | €18k | €4k | ▼ 79.6% |
| Financial debts170/4 | €18k | €18k | €4k | ▼ 79.6% |
| Amounts payable within one year42/48 | €29k | €25k | €28k | ▲ 11.6% |
| Current portion of amounts payable after more than one year42 | €7k | €2k | €7k | ▲ 235% |
| Trade debts44 | €1k | €2k | €6k | ▲ 238% |
| Suppliers440/4 | €1k | €2k | €6k | ▲ 238% |
| Taxes, remuneration and social security45 | €8k | €10k | €3k | ▼ 66.8% |
| Taxes450/3 | €5k | €8k | €267 | ▼ 96.5% |
| Remuneration and social security454/9 | €3k | €3k | €3k | ▲ 10.3% |
| Other amounts payable47/48 | €13k | €10k | €11k | ▲ 4.9% |
| Accrued charges and deferred income492/3 | - | - | €138 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €9k | €15k | ▲ 67.8% |
| + Depreciation and write-downs630 | €15k | €9k | €9k | ▲ 2.3% |
| Operating cash flow (approximation) | €25k | €18k | €24k | ▲ 34.5% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | - |
| Change in cash | - | €8k | €14k | ▲ 68.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Highest result since 2022net €15k ▲67.8%
Operating result €21k, net result €15k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €9k ▼9.2%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2021
Ground area
1,470 m²
Building footprint
170 m²
Volume, LiDAR
770 m³
Parcel 12017A0166/00X003, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KERREBROUCK CONSTRUCT
since 20212.314.597.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12017A0166/00X003 | Flanders | 1,470 m² | 1 · 169 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 5,843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
81300Landscape service activities
Contact
E-mail
kerrebrouck.ben@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.