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Nasa Construct

Active
Private limited companyfounded 2024active for 2 yearsMeensesteenweg 118, 8800 Roeselare, BelgiumKBO/BCE: BE 1013.942.483
Summary

Nasa Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,314 and a net result of €12,314. Its solvency ranks better than 75% of 9,217 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
€14,314
Total assets
€21,422
Net result
€12,314
Working capital
€6,771

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €21,422
Fixed assets €7,543
Current assets €13,879
Equity and liabilities €21,422
Equity €14,314
Debt €7,108
Debt finances 33.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,603
Cash flow
€16,771
Current ratio
1.95
Debt to equity
0.50
ROE
86.0%
ROA
57.5%
Interest coverage
8.25
Debt ≤ 1 year
€7,108
Income taxes
€3,092
Staff costs
€10,022

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€21,422
Fixed assets21/28€7,543
Tangible fixed assets22/27€7,543
Furniture and vehicles24€7,543
Current assets29/58€13,879
Amounts receivable within one year40/41€3,686
Trade receivables40€1,982
Other amounts receivable41€1,704
Cash at bank and in hand54/58€10,194
Equity and liabilities
Total equity and liabilities10/49€21,422
Equity10/15€14,314
Contributions10/11€2,000
Reserves13€12,314
Distributable reserves133€12,314
Amounts payable17/49€7,108
Amounts payable within one year42/48€7,108
Trade debts44€1,695
Suppliers440/4€1,695
Taxes, remuneration and social security45€5,413
Taxes450/3€3,292
Remuneration and social security454/9€2,122
Income statement Code2025
Remuneration, social security and pensions62€10,022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,457
Other operating charges640/8€679
Gross operating margin9900€33,304
Operating profit (loss)9901€18,146
Financial charges65/66B€2,740
Recurring financial charges65€2,740
Profit (loss) for the period before taxes9903€15,406
Income taxes67/77€3,092
Profit (loss) for the period9904€12,314
Profit (loss) for the period to be appropriated9905€12,314
Appropriation of the result
Profit (loss) to be appropriated9906€12,314
Transfer to equity691/2€12,314
To other reserves6921€12,314

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€10,022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,457
Other operating charges640/8€679
Gross operating margin9900€33,304
Operating profit (loss)9901€18,146
Financial charges65/66B€2,740
Recurring financial charges65€2,740
Profit (loss) for the period before taxes9903€15,406
Income taxes67/77€3,092
Profit (loss) for the period9904€12,314
Profit (loss) for the period to be appropriated9905€12,314
Line2025
Assets
Total assets20/58€21,422
Fixed assets21/28€7,543
Tangible fixed assets22/27€7,543
Furniture and vehicles24€7,543
Current assets29/58€13,879
Amounts receivable within one year40/41€3,686
Trade receivables40€1,982
Other amounts receivable41€1,704
Cash at bank and in hand54/58€10,194
Equity and liabilities
Total equity and liabilities10/49€21,422
Equity10/15€14,314
Contributions10/11€2,000
Reserves13€12,314
Distributable reserves133€12,314
Amounts payable17/49€7,108
Amounts payable within one year42/48€7,108
Trade debts44€1,695
Suppliers440/4€1,695
Taxes, remuneration and social security45€5,413
Taxes450/3€3,292
Remuneration and social security454/9€2,122
Line2025
Profit (loss) for the period9904€12,314
+ Depreciation and write-downs630€4,457
Operating cash flow (approximation)€16,771

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00180283

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 10,684 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €1,487 awarded · €1,487 paid
Schemes
1 entry · €1,487 · €1,487 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.