NEM CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of NEM CONSTRUCT is 5.2% (elevated). For NEM CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €40k and a net result of €1k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 33677 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability32▼-46
Solvency100▲+34
Growth78=
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
76.2%
Return on assets
2.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-10-2024, 66 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
66 d late
2022
70 d late
2021
100 d late
2020
31 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€40k▲ 3.9%
2022 · €38k
2019: €7k
2020: €7k
2021: €31k
2022: €38k
2019 → 2023
Total assets
€52k▼ 44.3%
2022 · €94k
2019: €152k
2020: €139k
2021: €122k
2022: €94k
2019 → 2023
Net result
€1k▼ 78.9%
2022 · €7k
2019: €981
2020: €267
2021: €24k
2022: €7k
2019 → 2023
Working capital
€39k▲ 4.5%
2022 · €37k
2019: €6k
2020: €6k
2021: €30k
2022: €37k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€7k-€7k▲ 3.7%€31k▲ 319%€38k▲ 22.7%€40k▲ 3.9%
Operating result€3k-€575▼ 79.9%€31k▲ 5,257%€9k▼ 71.1%€20k▲ 123%
Net result€981-€267▼ 72.7%€24k▲ 8,802%€7k▼ 70.2%€1k▼ 78.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 123% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €52k
Fixed assets
€1k=
Current assets
€51k▼ 44.7%
Equity and liabilities €52k
Equity
€40k▲ 3.9%
Debt
€12k▼ 77.6%
The debt ratio falls from 59.2% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2022 · €9k
Cash flow
€2k▼
2022 · €7k
Solvency
76.2%▲
2022 · 40.8%
Current ratio
4.11▲
2022 · 1.67
Quick ratio
4.11▲
2022 · 1.67
Debt / equity
0.31▼
2022 · 1.45
ROE
3.8%▼
2022 · 18.5%
ROA
2.9%▼
2022 · 7.6%
Interest coverage
1.13▼
2022 · 10.26
Debt
€12k▼
2022 · €56k
Debt ≤ 1 year
€12k▼
2022 · €56k
Income taxes
€670▼
2022 · €923
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€94k€52k▼
Formation expenses20€156-
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€93k€51k▼
Amounts receivable within one year40/41€89k€50k▼
Trade receivables40€58k€44k▼
Other amounts receivable41€31k€6k▼
Cash at bank and in hand54/58€4k€425▼
Deferred charges and accrued income490/1-€752
Equity and liabilities
Total equity and liabilities10/49€94k€52k▼
Equity10/15€38k€40k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€32k€34k▲
Amounts payable17/49€56k€12k▼
Amounts payable within one year42/48€56k€12k▼
Trade debts44€48k€179▼
Suppliers440/4€48k€179▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k€2k▼
Other amounts payable47/48-€10k
Income statement
Code20222023
Non-recurring operating income76A-€15
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€312€156▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€15k
Other operating charges640/8€348€909▲
Gross operating margin9900€10k€36k▲
Operating profit (loss)9901€9k€20k▲
Financial charges65/66B€899€18k▲
Recurring financial charges65€899€18k▲
Profit (loss) for the period before taxes9903€8k€2k▼
Income taxes67/77€923€670▼
Profit (loss) for the period9904€7k€1k▼
Profit (loss) for the period to be appropriated9905€7k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€34k▲
Profit (loss) brought forward from the previous period14P€25k€32k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.11
Current ratio from 1.67 to 4.11; short-term debt falls from €56k to €12k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial
Highest result since 2019net €24k ▲8802%
Operating result €31k, net result €24k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €267 ▼72.7%
Net result drops to €267, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groot-Bijgaardenstraat 141082 Sint-Agatha-BerchemGround area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NEM CONSTRUCT
since 20192.298.129.344
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 1007.046.872
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JOHAN GRUWE
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Leyssens - Bistiaux
BE 0887.106.471
Nijlen · Eq €40k
COREL CONSTRUCTION
BE 1000.502.144
Kraainem · Eq €40k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2018
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43110Demolition
46190Agents in non-specialised wholesale trade
71113Urban planning and landscape architecture
81210General cleaning of buildings
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:nemconstrucscrl@gmail.com