NELDAR CONSTRUCT
The computed 12-month bankruptcy probability of NELDAR CONSTRUCT is 4.2% (elevated). The 2025 annual accounts show equity of €49k and a net result of €4k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 26547 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €49k |
| Net result | €4k |
| Better than sector | 49% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.2% | 47.4% | |
| Net result | €4k | €10k | |
| Equity | €49k | €60k | |
| Gross operating margin | €26k | €39k | |
| Staff costs | €79 | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | +19.6% | +57.8% | - |
| EBITDA | -4.3% | -55.3% | - |
| Net profit | +104.0% | -94.9% | - |
| Cash flow | +42.0% | -65.1% | - |
| Staff costs | -67.8% | +260.0% | - |
| Income taxes | +40.0% | -85.3% | - |
| Dividends | - | - | - |
| Total assets | -18.4% | +58.0% | - |
| Equity | +9.0% | +4.6% | - |
| Debt | -32.9% | +116.5% | - |
| of which ≤ 1y | -34.7% | +9.6% | - |
| of which > 1y | -31.0% | - | - |
| Working capital | +6.3% | +728.8% | - |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.33 | 1.82 | 1.11 |
| Quick ratio | 2.33 | 1.82 | 1.11 |
| Working capital ratio | 35.2% | 27.1% | 5.2% |
| Solvency | 46.2% | 34.6% | 52.3% |
| Debt / equity | 1.16 | 1.89 | 0.91 |
| Long-term debt ratio | 0.59 | 0.93 | - |
| Interest coverage | 162.32 | 3.04 | 300.06 |
| Gross margin | 4.6% | 6.0% | 21.8% |
| Net margin | 0.8% | 0.5% | 14.0% |
| ROA | 3.8% | 1.5% | 47.4% |
| ROE | 8.3% | 4.4% | 90.6% |
| EBITDA margin | 4.9% | 6.1% | 21.4% |
| Days sales outstanding | 19d | 33d | 38d |
| Days payable outstanding | 6d | 5d | 43d |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €105k | €129k | €82k |
| Fixed assets | 21/28 | €40k | €51k | €38k |
| Tangible fixed assets | 22/27 | €40k | €51k | €38k |
| Current assets | 29/58 | €65k | €78k | €43k |
| Amounts receivable within one year | 40/41 | €61k | €76k | €41k |
| Cash & bank | 54/58 | €3k | €2k | €3k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €105k | €129k | €82k |
| Equity | 10/15 | €49k | €45k | €43k |
| Contributions / capital | 10/11 | €4k | €4k | €4k |
| Accumulated profits (losses) | 14 | €45k | €41k | €39k |
| Amounts payable | 17/49 | €57k | €84k | €39k |
| Amounts payable after one year | 17 | €29k | €42k | - |
| Amounts payable within one year | 42/48 | €28k | €43k | €39k |
| Trade debts payable within one year | 44 | €9k | €6k | €25k |
| Income statement | ||||
| Turnover | 70 | €519k | €434k | €275k |
| Gross operating margin | 9900 | €26k | €28k | €60k |
| Operating result | 9901 | €7k | €13k | €53k |
| Financial income | 75 | €0 | €0 | - |
| Financial charges | 65 | €156 | €9k | €197 |
| Result before taxes | 9903 | €7k | €4k | €53k |
| Income taxes | 67/77 | €3k | €2k | €14k |
| Net result for the period | 9904 | €4k | €2k | €39k |
| Result to be appropriated | 9905 | €4k | €2k | €39k |
-
Alina DinuManaging directorState Gazette act 25111775 (04-09-2025)Current01-09-2025 → present
| NACE primary | Bricklaying and masonry work(43910) |
| Legal form | Private limited company(610) |
| Incorporation | 07-11-2022 |
| Status | Active |
| Postal code | 1020 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0225/00Z000 | Brussels | 1.1 ha | 1 · 1,147 m² | 48.0 m · 15 fl. |
| 21492B0106/00L006 | Brussels | 302 m² | 1 · 302 m² | 20.4 m · 6 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
10-09-2025 Discharge granted to the board
Technical details
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"corrected_publication_numac": null
}04-09-2025 Restructuring of share classes
Technical details
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}11-05-2023 Registered office moved to Bruxelles
- Rue Félix Vande Sande 70, 1081 Bruxelles
Technical details
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"country": "BE",
"postcode": "1081",
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}| Legal nameFR | NELDAR CONSTRUCT |