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NADLAN CONSTRUCTIONS

Active
Public limited companyfounded 200125 yrs activeTervurenlaan 313, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0474.121.647
Summary

NADLAN CONSTRUCTIONS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of -€16,497. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2023
Profitability36▼-64
Solvency100▲+33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 68.22 against 2.03 in 2023; short-term debt: 1.5% and cash: 15.8% of total assets), and 18.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.2%
Return on assets
-0.5%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-02-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2023
285 d late
2022
651 d late
2021
on the day
2020
354 d late
2019
79 d late
2018
33 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 200 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close27-09-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 February 2001, NADLAN CONSTRUCTIONS was incorporated.1 Total assets went from EUR 2.5 million in 2019 to EUR 3.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€16,497
2023 · €1.7m
Working capital
€3.2m▲ 1.9%
2023 · €3.1m
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
Line20202021202220232025
Operating result€286,537€10,044▼ 96.5%€195,430▲ 1,846%€2.2m▲ 1,050%-€54,601-
Net result€218,713-€2,456€137,318€1.7m▲ 1,136%-€16,497-
Equity€722,700▲ 43.4%€720,244▼ 0.3%€857,562▲ 19.1%€2.6m▲ 198%€2.6m-
Total assets€2.5m▼ 0.1%€2.5m=€2.4m▼ 3.3%€6.1m▲ 156%€3.2m-
Debt€1.7m▲ 2.7%€1.7m▲ 0.1%€1.5m▼ 7.2%€3.0m▲ 96.8%€47,173-
Working capital€697,947▼ 15.4%€764,173▲ 9.5%€780,703▲ 2.2%€3.1m▲ 299%€3.2m-
Staff (FTE)000-
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2020: €286,537€286,537Net result 2020: €218,713€218,713Operating result 2021: €10,044€10,044Net result 2021: -€2,456-€2,456Operating result 2022: €195,430€195,430Net result 2022: €137,318€137,318Operating result 2023: €2.2m€2.2mNet result 2023: €1.7m€1.7mOperating result 2025: -€54,601-€54,601Net result 2025: -€16,497-€16,49720202021202220232025-€1m€0€1m€2mOperating result 2022: €195,430€195,000Net result 2022: €137,318€137,000Operating result 2023: €2.2m€2.2mNet result 2023: €1.7m€1.7mOperating result 2025: -€54,601-€54,600Net result 2025: -€16,497-€16,500202220232025
The operating result is -€54,601 in 2025, compared with €2.2m in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €3.2m
Fixed assets €900 =
Current assets €3.2m ▼ 47.5%
Equity and liabilities €3.2m
Equity €2.6m ▲ 2.3%
Provisions €557,620 =
Debt €47,173 ▼ 98.4%
Debt's share of the balance-sheet total falls from 49.2% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2023
Current ratio
68.22▲
2023 · 2.03
Debt to equity
0.02▼
2023 · 1.18
ROE
-0.6%▼
2023 · 66.4%
ROA
-0.5%▼
2023 · 27.7%
Debt ≤ 1 year
€47,173▼
2023 · €3.0m
Income taxes
€0▼
2023 · €8,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 52 lines
Balance sheet Code20232025
Assets
Total assets20/58€6.1m€3.2m▼
Fixed assets21/28€900€900=
Tangible fixed assets22/27€0-
Land and buildings22€0-
Financial fixed assets28€900€900=
Current assets29/58€6.1m€3.2m▼
Amounts receivable within one year40/41€2.2m€2.7m▲
Other amounts receivable41€2.2m€2.7m▲
Current investments50/53€3.9m€0▼
Cash at bank and in hand54/58€57,679€507,882▲
Equity and liabilities
Total equity and liabilities10/49€6.1m€3.2m▼
Equity10/15€2.6m€2.6m▲
Contributions10/11€250,000€250,000=
Capital10€250,000€250,000=
Issued capital100€500,000€500,000=
Uncalled capital101€250,000€250,000=
Reserves13€2.0m€2.0m=
Non-distributable reserves130/1€50,000€50,000=
Legal reserve130€50,000€50,000=
Tax-exempt reserves132€1.7m€1.7m=
Distributable reserves133€252,100€252,100=
Profit (loss) carried forward14€330,342€389,401▲
Provisions and deferred taxes16€557,620€557,620=
Deferred taxes168€557,620€557,620=
Amounts payable17/49€3.0m€47,173▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€3.0m€47,173▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€0€2,100▲
Suppliers440/4€0€2,100▲
Taxes, remuneration and social security45€0€28,523▲
Taxes450/3€0€28,523▲
Other amounts payable47/48€3.0m€16,550▼
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€30,759€0▼
Gross operating margin9900€2.3m-€54,601▼
Operating profit (loss)9901€2.2m-€54,601▼
Financial income75/76B€19,477€38,348▲
Recurring financial income75€19,477€38,348▲
Financial charges65/66B€3,230€243▼
Recurring financial charges65€3,230€243▼
Profit (loss) for the period before taxes9903€2.3m-€16,497▼
Transfer to deferred taxes680€557,620-
Income taxes67/77€8,514€0▼
Profit (loss) for the period9904€1.7m-€16,497▼
Transfer to tax-exempt reserves689€1.7m-
Profit (loss) for the period to be appropriated9905€24,880-€16,497▼
Appropriation of the result
Profit (loss) to be appropriated9906€330,342€389,401▲
Profit (loss) brought forward from the previous period14P€305,462€405,898▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,463€9,463€9,463€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8---€100,000€0--
Other operating charges640/8--€67,837€30,759€0-
Non-recurring operating charges66A--€0---
Gross operating margin9900€94,185€181,821€172,730€2.3m-€54,601-
Operating profit (loss)9901€286,537€10,044€195,430€2.2m-€54,601-
Financial income75/76B--€2,706€19,477€38,348-
Recurring financial income75€2,682€2,700€2,706€19,477€38,348-
Financial charges65/66B--€6,479€3,230€243-
Recurring financial charges65€10,411€7,461€6,479€3,230€243-
Profit (loss) for the period before taxes9903€278,807€5,283€191,657€2.3m-€16,497-
Transfer to deferred taxes680---€557,620--
Income taxes67/77€60,095€7,739€54,338€8,514€0-
Profit (loss) for the period9904€218,713-€2,456€137,318€1.7m-€16,497-
Transfer to tax-exempt reserves689---€1.7m--
Profit (loss) for the period to be appropriated9905€218,713-€2,456€137,318€24,880-€16,497-
Line20202021202220232025Change
Assets
Total assets20/58€2.5m€2.5m€2.4m€6.1m€3.2m-
Fixed assets21/28€226,844€218,281€208,818€900€900-
Tangible fixed assets22/27€226,844€217,381€207,918€0--
Land and buildings22--€207,918€0--
Financial fixed assets28-€900€900€900€900-
Current assets29/58€2.2m€2.3m€2.2m€6.1m€3.2m-
Amounts receivable within one year40/41€2.2m€2.2m€2.2m€2.2m€2.7m-
Other amounts receivable41--€2.2m€2.2m€2.7m-
Current investments50/53---€3.9m€0-
Cash at bank and in hand54/58€89,345€86,674€16,381€57,679€507,882-
Deferred charges and accrued income490/1--€0---
Equity and liabilities
Total equity and liabilities10/49€2.5m€2.5m€2.4m€6.1m€3.2m-
Equity10/15€722,700€720,244€857,562€2.6m€2.6m-
Contributions10/11€250,000€250,000€250,000€250,000€250,000-
Capital10--€250,000€250,000€250,000-
Issued capital100--€500,000€500,000€500,000-
Uncalled capital101--€250,000€250,000€250,000-
Reserves13€302,100€302,100€302,100€2.0m€2.0m-
Non-distributable reserves130/1--€50,000€50,000€50,000-
Legal reserve130--€50,000€50,000€50,000-
Tax-exempt reserves132---€1.7m€1.7m-
Distributable reserves133--€252,100€252,100€252,100-
Profit (loss) carried forward14€170,600€168,144€305,462€330,342€389,401-
Provisions and deferred taxes16€100,000€100,000€0€557,620€557,620-
Provisions for liabilities and charges160/5--€0---
Other liabilities and charges164/5--€0---
Deferred taxes168---€557,620€557,620-
Amounts payable17/49€1.7m€1.7m€1.5m€3.0m€47,173-
Amounts payable after more than one year17€37,338€159,609€131,959€0--
Financial debts170/4--€131,959€0--
Amounts payable within one year42/48€1.5m€1.5m€1.4m€3.0m€47,173-
Current portion of amounts payable after more than one year42--€27,651€0--
Trade debts44€79,963€109,996€79,587€0€2,100-
Suppliers440/4--€79,587€0€2,100-
Taxes, remuneration and social security45--€675,647€0€28,523-
Taxes450/3--€675,647€0€28,523-
Other amounts payable47/48--€618,948€3.0m€16,550-
Accrued charges and deferred income492/3--€0---
Line20202021202220232025Change
Profit (loss) for the period9904€218,713-€2,456€137,318€1.7m-€16,497-
+ Depreciation and write-downs630€9,463€9,463€9,463€0--
Operating cash flow (approximation)€228,176€7,006€146,781€1.7m-€16,497-
Investment in fixed assets (approximation)--€900€0€207,918--
Change in cash--€2,672-€70,292€41,298--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
27-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
Financial Liquidity times 34current ratio 68.22
Current ratio from 2.03 to 68.22; short-term debt falls from €3.0m to €47,173.
2024
10-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 285 days late
10-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 651 days late
2023
31-07
Financial Highest result since 2019net €1.7m ▲1,136%
Operating result €2.2m, net result €1.7m, both a record.
31-07
Financial Equity above €2mEq €2.6m ▲198%
2 profitable years in a row build equity to €2.6m.
2022
31-07
Financial Back to profitnet €137,318
Net result €137,318 after one loss-making year.
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
17-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 354 days late
2020
31-07
Financial Back to profitnet €218,713
Net result €218,713 after one loss-making year.
18-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 79 days late
2019
02-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
Show earlier events
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 183 days late
2017
19-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 476 days late
30-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Sint-Pieters-Woluwe · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
2,895 m²
Building footprint
1,010 m²
Volume, LiDAR
17,791 m³
2 parcels, Brussels · tallest building 33.0 m, ±8 floors. Linked by address, not a title deed.
63 companies at this address See who is registered here
1 establishment unit
Defacqzstraat 113, 1060 Sint-Gillis (bij-Brussel)
NACE 70111
since 20012.098.429.308
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0336/00B004 Brussels 2,332 m² 1 · 879 m² 33.0 m · 8 fl.
21019A0156/00Y000 Brussels 564 m² 1 · 131 m² 14.1 m · 4 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. TWIN CONSTRUCTIONS 100%
  2. NADLAN CONSTRUCTIONS

Highest known parent: TWIN CONSTRUCTIONS. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-07-2023 list no holdings, and no other source names one.

According to the annual accounts to 31-07-2023 of NADLAN CONSTRUCTIONS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 3,983 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-02-2001
Fiscal year end31-07
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.