Konstructo
ActiveSummary
The computed 12-month bankruptcy probability of Konstructo is 14.2% (high). For Konstructo, at least two annual filings are missing. The 2023 annual accounts show equity of €53,050 and a net result of -€2,832. Equity has been shrinking by about 27% per year since 2020. Its solvency ranks better than 35% of 1,318 sector peers (NACE 41, financial year 2023). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-10-2019 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 2 others
- Establishment unit
- 2.298.625.727 1410 Waterloo, since 07-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-05-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 14.2%
2023 figures too old to score
Annual accounts 2023
- Gross margin
- €11,343
- Turnover
- ≈ €140,000
- estimated
- Loss
- €2,832
- ▼ 95.3%
- Equity
- €53,050
- ▼ 5.1%
- Total assets
- €235,464
- ▼ 36.4%
- 2024 accounts not filed, 459 days past the deadline
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 306 days late; 3 of the last 3 accounts lateFigures for financial year 2023 (filed on 05-06-2025)Size: total assets €235,464Founded in 2019Two or more financial years not filed2023 accounts filed 306 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency
48+8
equity 22.5% of total assets
Liquidity
30+14
short-term debt 51.5% · cash 4.5%
Profitability
45+45
return on assets -1.2%
Bankruptcy probability within 12 months
14.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.6%lowest value
01-2025: 11.3%▲ +2.7 percentage points vs 12-2024
02-2025: 11.3%● unchanged vs 01-2025
03-2025: 11.4%▲ +0.1 percentage points vs 02-2025
04-2025: 10.5%▼ -0.9 percentage points vs 03-2025
05-2025: 10.4%▼ -0.1 percentage points vs 04-2025
06-2025: 10.3%▼ -0.1 percentage points vs 05-2025
07-2025: 10.2%▼ -0.1 percentage points vs 06-2025
08-2025: 10.1%▼ -0.1 percentage points vs 07-2025
09-2025: 10.2%▲ +0.1 percentage points vs 08-2025
10-2025: 10.4%▲ +0.2 percentage points vs 09-2025
11-2025: 9.7%▼ -0.7 percentage points vs 10-2025
12-2025: 10.6%▲ +0.9 percentage points vs 11-2025
01-2026: 13.0%▲ +2.4 percentage points vs 12-2025
02-2026: 13.0%● unchanged vs 01-2026
03-2026: 13.3%▲ +0.3 percentage points vs 02-2026
04-2026: 12.4%▼ -0.9 percentage points vs 03-2026
05-2026: 12.4%● unchanged vs 04-2026
06-2026: 12.2%▼ -0.2 percentage points vs 05-2026
07-2026: 12.2%● unchanged vs 06-2026
08-2026: 14.2%▲ +2.0 percentage points vs 07-2026highest value
09-2026: 14.2%● unchanged vs 08-2026highest value
10-2026: 14.2%● unchanged vs 09-2026highest value
11-2026: 14.2%● unchanged vs 10-2026highest value
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline02-11-2026 today
raises risk · 2023 accounts filed 306 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-06-2025, 306 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
306 days late
2022
70 days late
2021
60 days late
2020
150 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 72 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2023, full format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 2 November 2026.
Annual accounts 2023 filed on 02-06-2025 PDF all 4 filings
Turnover
≈ €140,000
Estimated: probably between €65,000 and €270,000
EBIT margin
Not included in this filing
Net result
-€2,832▲ 95.3%
2022 · -€60,068
Working capital
€56,400▲ 2.3%
2022 · €55,118
Trend over the years
2020 to 2023, 4 financial years
The operating result for 2023 is a loss of €724, smaller than the loss of €57,626 in 2022.
Operating result-€724
2023
Net result-€2,832
2023
Total assets€235,464
2023
Equity€53,050
2023
Debt€182,413
2023
Working capital€56,400
2023
Return on assets (ROA)-1.2%
2023
Solvency22.5%
2023
Current ratio1.47
2023
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2020202120222023
Operating result€145,093-€4,130▼ 97.2%-€57,626-€724▲ 98.7%
Net result€111,979above the sector's middle half-€971within the sector's middle half▼ 99.1%-€60,068below the sector's middle half-€2,832below the sector's middle half▲ 95.3%
Equity€114,979within the sector's middle half-€115,950within the sector's middle half▲ 0.8%€55,882below the sector's middle half▼ 51.8%€53,050below the sector's middle half▼ 5.1%
Total assets€190,150below the sector's middle half-€436,109within the sector's middle half▲ 129%€370,430within the sector's middle half▼ 15.1%€235,464below the sector's middle half▼ 36.4%
Debt€75,171-€320,159▲ 326%€314,548▼ 1.8%€182,413▼ 42.0%
Working capital€111,963within the sector's middle half-€121,709within the sector's middle half▲ 8.7%€55,118within the sector's middle half▼ 54.7%€56,400within the sector's middle half▲ 2.3%
Solvency60.5%above the sector's middle half-26.6%within the sector's middle half▼ 33.9pp15.1%below the sector's middle half▼ 11.5pp22.5%within the sector's middle half▲ 7.4pp
Current ratio3.37above the sector's middle half-1.42within the sector's middle half▼ 1.961.19within the sector's middle half▼ 0.231.47within the sector's middle half▲ 0.28
Return on assets (ROA)58.9%above the sector's middle half-0.2%within the sector's middle half▼ 58.7pp-16.2%below the sector's middle half▼ 16.4pp-1.2%below the sector's middle half▲ 15.0pp
Staff (FTE)0.6below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €235,464
Fixed assets
€57,837 ▲ 182%
Current assets
€177,627 ▼ 49.2%
Equity and liabilities €235,464
Equity
€53,050 ▼ 5.1%
Debt
€182,413 ▼ 42.0%
Debt's share of the balance-sheet total falls from 84.9% to 77.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8,103▲
2022 · -€50,408
Cash flow
€5,995▲
2022 · -€52,849
Debt to equity
3.44▼
2022 · 5.63
ROE
-5.3%▲
2022 · -107.5%
Interest coverage
3.29▲
2022 · -23.18
Debt ≤ 1 year
€121,227▼
2022 · €294,833
Debt > 1 year
€61,186▲
2022 · €19,715
Income taxes
€293▲
2022 · €287
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 |
|---|---|
| Average over the year, in full-time equivalents | 0.6 |
| Joined | 0 |
| Left | 1 |
Source: social balance sheet in the 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €3,357 | €46,186 |
| Depreciation and write-downs of the year | €6,700 | €7,218 | €8,827 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12,050 | €26,359 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,482 | €6,700 | €7,218 | €8,827 | ▲ 22.3% |
| Other operating charges640/8 | - | €1,245 | €361 | €1,281 | ▲ 255% |
| Non-recurring operating charges66A | - | - | - | €1,959 | - |
| Gross operating margin9900 | €149,341 | €24,125 | -€23,689 | €11,343 | - |
| Operating profit (loss)9901 | €145,093 | €4,130 | -€57,626 | -€724 | ▲ 98.7% |
| Financial income75/76B | - | - | €20 | €646 | ▲ 32× |
| Recurring financial income75 | €2 | - | €20 | €274 | ▲ 14× |
| Non-recurring financial income76B | - | - | - | €373 | - |
| Financial charges65/66B | - | €1,396 | €2,174 | €2,461 | ▲ 13.2% |
| Recurring financial charges65 | €463 | €1,396 | €2,174 | €2,461 | ▲ 13.2% |
| Profit (loss) for the period before taxes9903 | €144,632 | €2,734 | -€59,781 | -€2,539 | ▲ 95.8% |
| Income taxes67/77 | €32,653 | €1,763 | €287 | €293 | ▲ 2.2% |
| Profit (loss) for the period9904 | €111,979 | €971 | -€60,068 | -€2,832 | ▲ 95.3% |
| Profit (loss) for the period to be appropriated9905 | €111,979 | €971 | -€60,068 | -€2,832 | ▲ 95.3% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €190,150 | €436,109 | €370,430 | €235,464 | ▼ 36.4% |
| Fixed assets21/28 | €31,040 | €24,340 | €20,479 | €57,837 | ▲ 182% |
| Tangible fixed assets22/27 | €31,040 | €24,340 | €20,479 | €57,837 | ▲ 182% |
| Plant, machinery and equipment23 | - | €24,340 | €17,640 | €10,940 | ▼ 38.0% |
| Furniture and vehicles24 | - | - | €2,838 | €46,897 | ▲ 17× |
| Current assets29/58 | €159,110 | €411,769 | €349,952 | €177,627 | ▼ 49.2% |
| Stocks and contracts in progress3 | €21,638 | €212,564 | €73,040 | €0 | ▼ 100% |
| Stocks30/36 | - | €21,638 | €73,040 | €0 | ▼ 100% |
| Contracts in progress37 | - | €190,926 | - | - | - |
| Amounts receivable within one year40/41 | €89,049 | €192,879 | €243,702 | €167,041 | ▼ 31.5% |
| Trade receivables40 | - | €169,914 | €207,238 | €147,473 | ▼ 28.8% |
| Other amounts receivable41 | - | €22,965 | €36,464 | €19,568 | ▼ 46.3% |
| Cash at bank and in hand54/58 | €46,713 | €3,947 | €29,408 | €10,492 | ▼ 64.3% |
| Deferred charges and accrued income490/1 | - | €2,379 | €3,802 | €93 | ▼ 97.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €190,150 | €436,109 | €370,430 | €235,464 | ▼ 36.4% |
| Equity10/15 | €114,979 | €115,950 | €55,882 | €53,050 | ▼ 5.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Capital10 | - | €3,000 | - | - | - |
| Issued capital100 | - | €3,000 | - | - | - |
| Profit (loss) carried forward14 | €111,979 | €112,950 | €52,882 | €50,050 | ▼ 5.4% |
| Amounts payable17/49 | €75,171 | €320,159 | €314,548 | €182,413 | ▼ 42.0% |
| Amounts payable after more than one year17 | €24,919 | €30,099 | €19,715 | €61,186 | ▲ 210% |
| Financial debts170/4 | - | €30,099 | €19,715 | €61,186 | ▲ 210% |
| Amounts payable within one year42/48 | €47,147 | €290,060 | €294,833 | €121,227 | ▼ 58.9% |
| Current portion of amounts payable after more than one year42 | - | €10,166 | €7,886 | €27,605 | ▲ 250% |
| Financial debts43 | - | €807 | - | - | - |
| Credit institutions430/8 | - | €807 | - | - | - |
| Trade debts44 | €8,035 | €245,011 | €187,027 | €79,959 | ▼ 57.2% |
| Suppliers440/4 | - | €245,011 | €187,027 | €79,959 | ▼ 57.2% |
| Advances received on contracts in progress46 | - | €2,668 | €2,289 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €17,040 | €10,947 | €5,333 | ▼ 51.3% |
| Taxes450/3 | - | €11,508 | €4,951 | €3,333 | ▼ 32.7% |
| Remuneration and social security454/9 | - | €5,532 | €5,996 | €2,000 | ▼ 66.6% |
| Other amounts payable47/48 | - | €14,368 | €86,685 | €8,330 | ▼ 90.4% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,979 | €971 | -€60,068 | -€2,832 | ▲ 95.3% |
| + Depreciation and write-downs630 | €3,482 | €6,700 | €7,218 | €8,827 | ▲ 22.3% |
| Operating cash flow (approximation) | €115,461 | €7,671 | -€52,849 | €5,995 | - |
| Investment in fixed assets (approximation) | - | €0 | -€3,357 | -€46,186 | ▼ 1,276% |
| Change in cash | - | -€42,766 | €25,461 | -€18,916 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
2 directors
Poelaert Charles
Current
Director · listed in the 2023 annual accounts, filed on 02-06-2025
Van Nimmen Quentin
Current
Director · listed in the 2023 annual accounts, filed on 02-06-2025
Owners and capital
Shareholders
Stated in the act
act of 28-11-2022 ↗
- RYCKMANS Robin associé actif - directeur technique
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Poelaert Charles |
|
| Van Nimmen Quentin |
|
Network & group
Konstructo shares no director with another company.
Companies at the same address
5 other companiesConnections & network
2 current directorsThe network starts from the directors of Konstructo. Every other company they run is a node.
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
Acts, filings and financial milestones
2025
02-06
full format · 306 days late
2023
09-10
full format · 70 days late
2022
31-12
Financial
Weakest financial yearnet -€60,068
The net result drops to -€60,068, the lowest from 2020 to 2023. It recovers the following year.
28-11
Gazette deed
Resignations & appointmentsPartner2 points ▸
Gazette deed
Resignations & appointments
Partner2 points ▸
- General meeting, 08-10-2022
- Partner, RYCKMANS Robin (associé actif directeur technique)
29-09
full format · 60 days late
2021
03-03
full format · 150 days before the deadline
2019
09-10
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Konstructo in French
Enterprise number
0735.753.215
Legal form
Private limited company
Status
Active, normale toestand
Founded
07-10-2019
Entity type
Legal entity
Registered office and establishments
Registered office
Chaussée de Tervuren 20, 1410 Waterloo, Belgium
Establishment unit
Konstructo, Chaussée de Tervuren 20, 1410 Waterloo since 07-10-2019 · unit number 2.298.625.727
Activities
NACEBEL 202541001
General construction of residential buildings main activity
41002
General construction of office buildings
41003
General construction of other non-residential buildings
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
Invoicing and payment
VAT number
BE 0735.753.215
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 0735.753.215
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
311 m²
Building footprint
72 m²
Building volume
784 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25763M0211/00_000 | Wallonia | 311 m² | 1 · 72 m² | 12.2 m · 4 |