KONSTRUKTOR
ActiveSummary
The computed 12-month bankruptcy probability of KONSTRUKTOR is 2.3% (moderate). The 2025 annual accounts show equity of €61k and a net result of €42k. Equity is growing by ~125.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+29
Solvency78▲+27
Growth85▲+17
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 1.97 against 1.34 in 2024; short-term debt: 46.7% and cash: 17.8% of total assets), and 46.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
53.3%
Return on assets
36.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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
38 d late
2024
89 d late
2023
142 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€135k▲ 265%
2023 · €37k
2023: €37k
2024: €135k▲ +265% vs 2023
2023 → 2024
EBIT margin
7.5%▼ 23.5pp
2023 · 31.0%
2023: 31.0%
2024: 7.5%▼ -75.9% vs 2023
2023 → 2024
Net result
€42k▲ 461%
2024 · €7k
2023: €9k
2024: €7k▼ -18.4% vs 2023lowest in 3 years
2025: €42k▲ +461% vs 2024highest in 3 years
2023 → 2025
Working capital
€52k▲ 186%
2024 · €18k
2023: €12klowest in 3 years
2024: €18k▲ +50.7% vs 2023
2025: €52k▲ +186% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€37k-€135k▲ 265%
2023: €37k
2024: €135k▲ +265% vs 2023
Equity€12k-€20k▲ 61.5%€61k▲ 214%
2023: €12klowest in 3 years
2024: €20k▲ +61.5% vs 2023
2025: €61k▲ +214% vs 2024highest in 3 years
Operating result€11k-€10k▼ 12.0%€53k▲ 427%
2023: €11k
2024: €10k▼ -12.0% vs 2023lowest in 3 years
2025: €53k▲ +427% vs 2024highest in 3 years
Net result€9k-€7k▼ 18.4%€42k▲ 461%
2023: €9k
2024: €7k▼ -18.4% vs 2023lowest in 3 years
2025: €42k▲ +461% vs 2024highest in 3 years
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 2025; 2025 is 427% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€9k ▲ 597%
Current assets
€106k ▲ 45.7%
Equity and liabilities €115k
Equity
€61k ▲ 214%
Debt
€54k ▼ 1.3%
Debt's share of the balance-sheet total falls from 73.6% to 46.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €11k
Cash flow
€44k▲
2024 · €8k
Current ratio
1.97▲
2024 · 1.34
Debt to equity
0.88▼
2024 · 2.79
ROE
68.1%▲
2024 · 38.1%
ROA
36.3%▲
2024 · 10.1%
Interest coverage
155.30▲
2024 · 58.53
Debt ≤ 1 year
€54k▼
2024 · €55k
Income taxes
€11k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€74k€115k▲
Fixed assets21/28€1k€9k▲
Tangible fixed assets22/27€1k€9k▲
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24-€4k
Current assets29/58€73k€106k▲
Amounts receivable within one year40/41€73k€85k▲
Trade receivables40€70k€49k▼
Other amounts receivable41€3k€36k▲
Cash at bank and in hand54/58€33€21k▲
Deferred charges and accrued income490/1-€450
Equity and liabilities
Total equity and liabilities10/49€74k€115k▲
Equity10/15€20k€61k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€17k€58k▲
Amounts payable17/49€55k€54k▼
Amounts payable within one year42/48€55k€54k▼
Trade debts44€12k€32k▲
Suppliers440/4€12k€32k▲
Taxes, remuneration and social security45€5k€22k▲
Taxes450/3€5k€13k▲
Remuneration and social security454/9-€9k
Other amounts payable47/48€38k€26▼
Income statement
Code20242025
Turnover70€135k-
Goods, raw materials, services and sundry goods60/61€123k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€495€2k▲
Other operating charges640/8€1k€444▼
Gross operating margin9900€12k€56k▲
Operating profit (loss)9901€10k€53k▲
Financial charges65/66B€180€355▲
Recurring financial charges65€180€355▲
Profit (loss) for the period before taxes9903€10k€53k▲
Income taxes67/77€2k€11k▲
Profit (loss) for the period9904€7k€42k▲
Profit (loss) for the period to be appropriated9905€7k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€58k▲
Profit (loss) brought forward from the previous period14P€9k€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €37k | €135k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €25k | €123k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €495 | €2k | ▲ 345% |
| Other operating charges640/8 | €15 | €1k | €444 | ▼ 61.0% |
| Gross operating margin9900 | €11k | €12k | €56k | ▲ 376% |
| Operating profit (loss)9901 | €11k | €10k | €53k | ▲ 427% |
| Financial charges65/66B | - | €180 | €355 | ▲ 97.2% |
| Recurring financial charges65 | - | €180 | €355 | ▲ 97.2% |
| Profit (loss) for the period before taxes9903 | €11k | €10k | €53k | ▲ 433% |
| Income taxes67/77 | €2k | €2k | €11k | ▲ 346% |
| Profit (loss) for the period9904 | €9k | €7k | €42k | ▲ 461% |
| Profit (loss) for the period to be appropriated9905 | €9k | €7k | €42k | ▲ 461% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €23k | €74k | €115k | ▲ 55.5% |
| Fixed assets21/28 | - | €1k | €9k | ▲ 597% |
| Tangible fixed assets22/27 | - | €1k | €9k | ▲ 597% |
| Plant, machinery and equipment23 | - | €1k | €5k | ▲ 305% |
| Furniture and vehicles24 | - | - | €4k | - |
| Current assets29/58 | €23k | €73k | €106k | ▲ 45.7% |
| Amounts receivable within one year40/41 | €23k | €73k | €85k | ▲ 17.0% |
| Trade receivables40 | €20k | €70k | €49k | ▼ 29.7% |
| Other amounts receivable41 | €3k | €3k | €36k | ▲ 994% |
| Cash at bank and in hand54/58 | €98 | €33 | €21k | ▲ 61,236% |
| Deferred charges and accrued income490/1 | - | - | €450 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €23k | €74k | €115k | ▲ 55.5% |
| Equity10/15 | €12k | €20k | €61k | ▲ 214% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €9k | €17k | €58k | ▲ 252% |
| Amounts payable17/49 | €11k | €55k | €54k | ▼ 1.3% |
| Amounts payable within one year42/48 | €11k | €55k | €54k | ▼ 1.3% |
| Trade debts44 | €170 | €12k | €32k | ▲ 165% |
| Suppliers440/4 | €170 | €12k | €32k | ▲ 165% |
| Taxes, remuneration and social security45 | €7k | €5k | €22k | ▲ 359% |
| Taxes450/3 | €2k | €5k | €13k | ▲ 178% |
| Remuneration and social security454/9 | €5k | - | €9k | - |
| Other amounts payable47/48 | €4k | €38k | €26 | ▼ 99.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €7k | €42k | ▲ 461% |
| + Depreciation and write-downs630 | - | €495 | €2k | ▲ 345% |
| Operating cash flow (approximation) | €9k | €8k | €44k | ▲ 454% |
| Investment in fixed assets (approximation) | - | - | €-10k | - |
| Change in cash | - | €-65 | €21k | ▲ 31,841% |
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
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
31-12
Financial
Highest result since 2023net €42k ▲461%
Operating result €53k, net result €42k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial
Weakest financial yearnet €7k ▼18.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Zaventem · 1 establishment unit since 2023
Ground area
5,689 m²
Building footprint
1,575 m²
Volume, LiDAR
15,458 m³
2 parcels, Flanders · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
280
companies at this address
See who is registered here
1 establishment unit
KONSTRUKTOR
since 20232.345.560.859
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 24483E0213/00N004 | Flanders | 253 m² | 1 · 88 m² | 15.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 7,420. 6,181 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
Founded21-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.