Keuko Construct
ActiveKeuko Construct has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €315. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
66
/ 100
Healthy▼ -34 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-94
Solvency62▼-38
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 2.78 in 2024), and 67.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
0.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
49 d early
2023
26 d early
2022
27 d early
2021
26 d early
2020
15 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 1.2%
2024 · €27k
2018: €6k
2019: €9k
2020: €16k
2021: €26k
2022: €16k
2023: €18k
2024: €27k
2018 → 2025
Total assets
€82k▲ 111%
2024 · €39k
2018: €11k
2019: €22k
2020: €55k
2021: €64k
2022: €35k
2023: €40k
2024: €39k
2018 → 2025
Net result
€315▼ 96.4%
2024 · €9k
2018: €-657
2019: €2k
2020: €7k
2021: €16k
2022: €-10k
2023: €1k
2024: €9k
2018 → 2025
Working capital
€13k▼ 38.9%
2024 · €21k
2018: €3k
2019: €11k
2020: €6k
2021: €16k
2022: €7k
2023: €8k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€16k▼ 37.7%€18k▲ 7.4%€27k▲ 49.9%€27k▲ 1.2%
Operating result€21k-€-8k€2k€10k▲ 486%€1k▼ 88.9%
Net result€16k-€-10k€1k€9k▲ 621%€315▼ 96.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 89% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€41k▲ 531%
Current assets
€41k▲ 27.0%
Equity and liabilities €82k
Equity
€27k▲ 1.2%
Debt
€55k▲ 350%
The debt ratio rises from 31.5% to 67.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€6k▼
2024 · €14k
Cash flow
€5k▼
2024 · €12k
Solvency
32.8%▼
2024 · 68.5%
Current ratio
1.44▼
2024 · 2.78
Quick ratio
0.94▼
2024 · 1.58
Debt / equity
2.05▲
2024 · 0.46
ROE
1.2%▼
2024 · 33.3%
ROA
0.4%▼
2024 · 22.8%
Interest coverage
3.49▼
2024 · 8.95
Debt
€55k▲
2024 · €12k
Debt ≤ 1 year
€28k▲
2024 · €12k
Debt > 1 year
€26k
Income taxes
€418▲
2024 · €309
Staff costs
€10k▲
2024 · €2k
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€39k€82k▲
Fixed assets21/28€6k€41k▲
Tangible fixed assets22/27€5k€39k▲
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€1k€1k▲
Leasing and similar rights25-€34k
Other tangible fixed assets26€600€400▼
Financial fixed assets28€2k€2k=
Current assets29/58€32k€41k▲
Stocks and contracts in progress3€14k€14k▲
Stocks30/36€10k€11k▲
Contracts in progress37€4k€4k▼
Amounts receivable within one year40/41€18k€26k▲
Trade receivables40€6k€9k▲
Other amounts receivable41€11k€17k▲
Cash at bank and in hand54/58€231€336▲
Deferred charges and accrued income490/1€226€177▼
Equity and liabilities
Total equity and liabilities10/49€39k€82k▲
Equity10/15€27k€27k▲
Contributions10/11€6k€6k=
Reserves13€20k€21k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€377€377=
Distributable reserves133€18k€18k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€12k€55k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€12k€28k▲
Current portion of amounts payable after more than one year42-€6k
Financial debts43€1k€4k▲
Credit institutions430/8€1k€4k▲
Trade debts44€8k€15k▲
Suppliers440/4€8k€15k▲
Advances received on contracts in progress46€99€14▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Accrued charges and deferred income492/3€619€499▼
Income statement
Code20242025
Non-recurring operating income76A-€785
Remuneration, social security and pensions62€2k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€17k€17k▼
Operating profit (loss)9901€10k€1k▼
Financial income75/76B€709€1k▲
Recurring financial income75€709€1k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€9k€732▼
Income taxes67/77€309€418▲
Profit (loss) for the period9904€9k€315▼
Profit (loss) for the period to be appropriated9905€9k€315▼
Appropriation of the result
Profit (loss) to be appropriated9906€76€315▲
Profit (loss) brought forward from the previous period14P€-9k€0▲
Transfer to equity691/2€76€315▲
To other reserves6921€76€315▲
The notes to these accounts (14 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 2.78
Current ratio from 1.34 to 2.78; short-term debt falls from €22k to €12k.
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-10k ▼163%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €16k ▲141%
Operating result €21k, net result €16k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kalmthout · 1 establishment unit since 2015
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.
Schooldreef (Dp) 222920 KalmthoutGround area
127 m²
Building footprint
85 m²
Volume, LiDAR
530 m³
Parcel 11022G0173/00G002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Keuko Construct - Didydoe - Multeg23
since 20152.248.513.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0173/00G002 | Flanders | 127 m² | 1 · 85 m² | 8.8 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.
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 6,585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2015
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.