Equity
€86,426 from €230,599 in 2020
Equity fell by 63% in 5 years.
NCVD Construct
Lifetime
6 annual accounts with figures on one time axispeak €212,193 (2020)
-€20,556▼ €2,109
lowest -€108,874 (2021)
-€46,928▼ €5,392
peak €230,599 (2020)
€86,426▼ 35.2%
€460,067▲ 71.3%
peak 0 FTE (2023)
0 FTE
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
20-01-202611 days before the deadline
2025abbreviated format
Loss of €46,928Equity from €133,354 to €86,426Debts from €268,614 to €460,067Cash from €15,848 to €8
Key points
from the 2025 annual accountsLosses
-€88,463 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€460,067 84% of the balance sheet
Financial debts 83%Suppliers 2%Taxes and wages 0%Other 15%
Filings
6 annual accounts since 2019
The last five annual accounts were filed 3 to 32 days before the end of the period.
Starting capital
€100,000 100 shares
Position in the sector
-€46,928
Lower net result than 90% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 748 companies had the same profile as NCVD Construct has now. Each dot stands for 2 companies, two years later.
96.7%
were still trading
1.9%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 748 companies, not a prediction for NCVD 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- founderdeed of 05-04-2019
- founderdeed of 05-04-2019
- deed of 05-04-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0723998694
Permanent representative:
Changes of role: (director) and (director) · Gazette deed
Incorporation
Founding capital of €100,000, 100 shares · Founders: and · Appointments: (manager) and (manager) · published on 05-04-2019 · Gazette deed
First establishment
Stokkellaan 88, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NCVD Construct Blankenberge | €0.5m | -€20,556 | 15.8% | 0 |
| FFAB Zandhoven | €0.6m | -€18,191 | 8.9% | 0 |
| PHILIPPE FEVERY Knokke-Heist | €0.8m | -€40,033 | -8.2% | 0 |
| EWOOD Nazareth-De Pinte | €0.3m | -€398 | 27.5% | 0 |
| ALBETON CONSTRUCTION Aarschot | €0.4m | -€33,196 | -11.7% | 0.3 |
| MANO CONSTRUCT Grimbergen | €0.3m | -€115,770 | 13.4% | 0 |
| IMMOBILIERE DE FLEMALLE Ans | €1.1m | -€17,240 | -28.7% | 0 |
These companies have the same main activity as NCVD Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €276,000 and €1.1m, founded between 2015 and 2022.
Official details
Source: KBO- Status
- Active since 03-04-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.288.158.8338400 Ostend, since 03-04-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 19-11-2025
Annual accounts to 30-06-2025
- €546,493▲ 36.0%
- Filing
- Filed on 20-01-2026, 11 days before the end of the filing period
Insights on NCVD Construct
NCVD Construct files the abbreviated format. That format states no turnover. The gross margin fell from -€9,656 in 2019 to -€20,556 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NCVD Construct
- What is the company number of NCVD Construct?
- The company number of NCVD Construct is 0723.998.694. The VAT number is the same number with BE in front: BE 0723.998.694.
- Where is NCVD Construct based?
- The registered office is at Brugse Steenweg 77B, 8370 Blankenberge.Company details
- What does NCVD Construct do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of NCVD Construct?
- NCVD Construct is a private limited company (BV).
- When was NCVD Construct founded?
- NCVD Construct was founded on 03-04-2019.
- Is NCVD Construct still active?
- Yes, NCVD Construct is an active enterprise in the KBO register.
- What is the turnover of NCVD Construct?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is NCVD Construct profitable?
- In financial year 2025, NCVD Construct made a loss of €46,928.
- Where can I find the annual accounts of NCVD Construct?
- NCVD Construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NCVD Construct due?
- NCVD Construct must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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