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Active
BE 0784.860.553Sole proprietorshipOpen bankruptcy
NDEX CONSTRUCT
· 4 yrs active
Sector: Specialised construction
(43990)
Conclusion
A bankruptcy procedure is open for NDEX CONSTRUCT according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €52k and a net result of €51k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €52k |
| Net result | €51k |
| Better than sector | 61% |
| Active | 4 yrs |
Snowflake analysis
60
/ 100
Strong profile, led by profitability.
Health
34
Profitability
100
Solvency
90
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
34
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 29-10-2024 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 48.6% | 39.5% | |
| Net result | €51k | €11k | |
| Equity | €52k | €32k | |
| Gross operating margin | €59k | €33k | |
| Total assets | €107k | €90k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€59k
+46.4%
23–24
€51k
+38.7%
23–24
€53k
+41.2%
23–24
€107k
+117.6%
23–24
€52k
+203.1%
23–24
€45k
+219.1%
23–24
€9k
+110.2%
23–24
€55k
+71.8%
23–24
€55k
+71.8%
23–24
1.82
+26.2%
23–24
1.82
+26.2%
23–24
48.6%
+39.3%
23–24
1.06
-43.3%
23–24
97.8%
-54.2%
23–24
47.5%
-36.3%
23–24
153.32
—
23–24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €59k |
| Net profit | €51k |
| Cash flow | €53k |
| Staff costs | — |
| Income taxes | €9k |
| Dividends | — |
| Total assets | €107k |
| Equity | €52k |
| Debt | €55k |
| of which ≤ 1y | €55k |
| of which > 1y | — |
| Working capital | €45k |
| Employees (FTE) | — |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.82 |
| Quick ratio | 1.82 |
| Working capital ratio | 42.0% |
| Solvency | 48.6% |
| Debt / equity | 1.06 |
| Long-term debt ratio | — |
| Interest coverage | 153.32 |
| Gross margin | — |
| Net margin | — |
| ROA | 47.5% |
| ROE | 97.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €107k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €100k |
| Amounts receivable within one year | 40/41 | €25k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k |
| Equity | 10/15 | €52k |
| Contributions / capital | 10/11 | €500 |
| Accumulated profits (losses) | 14 | €51k |
| Amounts payable | 17/49 | €55k |
| Amounts payable within one year | 42/48 | €55k |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Gross operating margin | 9900 | €59k |
| Operating result | 9901 | €57k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €385 |
| Result before taxes | 9903 | €60k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €51k |
| Result to be appropriated | 9905 | €51k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | BRANDAAN MOMBAERS LAKENSESTRAAT 154/11,
1000 BRUSSEL 1 |
14-10-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43990) |
| Legal form | Sole proprietorship(610) |
| Incorporation | 14-04-2022 |
| Status | Active |
| Postal code | — |
| First BS signal | 21-10-2025 |
| Latest BS signal | 21-10-2025 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
NDEX CONSTRUCT
since 20222.338.093.641
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | — |
| 25111B0151/00P000 | Wallonia | 68 m² | 1 · 66 m² | 10.5 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
21-10-2025
Bankruptcy
Opening
2024
29-10-2024
NBB filing
Annual accounts filed
2023
31-10-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
21-10-2025
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Baggerwerken42911Baggerwerken42911Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Installatie van isolatie43230Isolatiewerkzaamheden43291Metselwerk43910Gevelreiniging43992Uitvoeren van metsel- en voegwerken43994Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
| Legal nameNL | NDEX CONSTRUCT |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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