Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
The 2024 accounts came latest: 27 days after the end of the period.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 69% of them on solvency, 31% on liquidity, 92% on profitability and 90% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as NB Construct has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NB Construct itself is higher: 3.2% within 12 months. It rests on far more data about NB Construct than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for NB Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.33 (1.9 in 2024), above the usual 1.5. Short-term debt is 36.8% and cash 6.5% of total assets. 36.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 16 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| NB Construct Lokeren | €112,082 | €49,745 | 63.2% | - |
| YOU SERVICES Dilbeek | €120,946 | €54,238 | 69.4% | - |
| Renovaties Nick Roeselare | €136,986 | €51,630 | 35.5% | - |
| CHAIR-TECH Temse | €74,739 | €45,475 | 95.9% | - |
| SUNNY HOSSAIN Zoersel | €92,222 | €62,476 | 39.8% | - |
| All-Round Technieker BR Herenthout | €145,889 | €59,791 | 78.3% | - |
| VERBRIGGHE KEVIN Zonnebeke | €154,859 | €44,420 | 29.0% | - |
These companies have the same main activity as NB Construct: electrical installation work in industrial facilities (NACE 43212). They are comparable in size and age: total assets between €74,700 and €155,000, founded between 2022 and 2023.
NB Construct files the micro format. That format states no turnover. The gross margin rose from €16,716 in 2023 to €49,745 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €170,000 and €360,000.
Higher than 68% of 35,136 companies in 2025.
Higher than 61% of 34,510 companies in 2025.
Higher than 87% of 34,711 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
112,082 | 69,525 | 24,952 | |
21/28 |
15,764 | 8,029 | 4,321 | |
22/27 |
12,764 | 5,029 | 1,321 | |
23 |
3,510 | 3,758 | 1,321 | |
24 |
9,253 | 1,272 | - | |
28 |
3,000 | 3,000 | 3,000 | |
29/58 |
96,318 | 61,496 | 20,632 | |
40/41 |
88,783 | 60,462 | 11,234 | |
40 |
6,510 | 18,339 | 6,150 | |
41 |
82,273 | 42,122 | 5,084 | |
54/58 |
7,253 | 206 | 9,066 | |
490/1 |
282 | 828 | 332 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
112,082 | 69,525 | 24,952 | |
10/15 |
70,794 | 37,200 | 14,391 | |
10/11 |
4,000 | 4,000 | 4,000 | |
13 |
10,390 | 10,390 | 10,390 | |
133 |
10,390 | 10,390 | 10,390 | |
14 |
56,404 | 22,810 | 1 | |
17/49 |
41,288 | 32,325 | 10,562 | |
42/48 |
41,288 | 32,325 | 10,562 | |
43 |
- | 2,289 | - | |
430/8 |
- | 2,289 | - | |
44 |
28,188 | 13,488 | 2,831 | |
440/4 |
28,188 | 13,488 | 2,831 | |
45 |
13,100 | 15,748 | 6,766 | |
450/3 |
13,100 | 15,748 | 6,491 | |
454/9 |
- | 0 | 275 | |
47/48 |
- | 800 | 965 | |
| Income statement | ||||
9900 |
49,745 | 33,160 | 16,716 | |
62 |
- | 570 | - | |
630 |
2,266 | 1,536 | 279 | |
640/8 |
3,461 | 736 | 319 | |
66A |
- | 5 | - | |
9901 |
44,018 | 30,313 | 16,117 | |
75/76B |
3,104 | 153 | 5 | |
75 |
3,104 | 153 | 5 | |
65/66B |
2,428 | 809 | 90 | |
65 |
2,428 | 809 | 90 | |
9903 |
44,694 | 29,656 | 16,032 | |
67/77 |
11,100 | 6,847 | 4,841 | |
9904 |
33,594 | 22,809 | 11,191 | |
9905 |
33,594 | 22,809 | 11,191 | |
| Appropriation of the result | ||||
9906 |
56,404 | 22,810 | 11,191 | |
14P |
22,810 | 1 | - | |
691/2 |
- | 0 | 10,390 | |
6921 |
- | 0 | 10,390 | |
694/7 |
- | 0 | 800 | |
694 |
- | 0 | 800 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456089.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 46,284 | 31,849 | 16,396 | ||
| 35,859 | 24,345 | 11,470 | ||
| 10,000 | 5,250 | 4,600 | ||
| 7,048 | -8,860 | - | ||
| 55,030 | 29,171 | 10,070 | ||
| 63.2% | 53.5% | 57.7% | ||
| 2.33 | 1.90 | 1.95 | ||
| 0.58 | 0.87 | 0.73 | ||
| 47.5% | 61.3% | 77.8% | ||
| 30.0% | 32.8% | 44.8% | ||
| 19.06 | 39.37 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €10,000 | €5,250 | €1,600 |
| Financial fixed assets | - | - | €3,000 |
| €2,266 | €1,536 | €279 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 46.5% to 36.8%. Equity and debt are higher.
NB Construct has no parent and no holdings in its annual accounts. BENDJAFER Nadhir is the only director. NB Construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
NB Construct was incorporated on 17 April 2023 as a private limited company by one natural person, with a starting capital of €4,000.12 The registered office was moved to Lokeren in 2024.3 BENDJAFER Nadhir is director of the company, appointed by deed of 19-04-2023.2 Total assets rose from €24,952 in 2023 to €112,082 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Sterrestraat 204 registered office 9160 Lokeren | 17-04-2023 | 2.344.408.836 |
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 0800.808.838
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