NEW CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NEW CONSTRUCT is 3.2% (moderate). The 2024 annual accounts show equity of €20k and a net result of €-1k. Its solvency ranks better than 28% of 9982 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability59▼-41
Solvency46▼-9
Growth32
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.21 against 1.28 in 2023; short-term debt: 79% and cash: 9.7% of total assets), and 79% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
21%
Return on assets
-1.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€20k▼ 5.5%
2023 · €21k
2023: €21k
2024: €20k▼ -5.5% vs 2023
2023 → 2024
Total assets
€96k▲ 32.9%
2023 · €72k
2023: €72k
2024: €96k▲ +32.9% vs 2023
2023 → 2024
Net result
€-1k
2023 · €21k
2023: €21k
2024: €-1k▼ -106% vs 2023
2023 → 2024
Working capital
€16k▲ 11.0%
2023 · €14k
2023: €14k
2024: €16k▲ +11.0% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€21k-€20k▼ 5.5%
2023: €21k
2024: €20k▼ -5.5% vs 2023
Operating result€27k-€-1k
2023: €27k
2024: €-1k▼ -104% vs 2023
Net result€21k-€-1k
2023: €21k
2024: €-1k▼ -106% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €27k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96k
Fixed assets
€4k ▼ 39.1%
Current assets
€91k ▲ 40.6%
Equity and liabilities €96k
Equity
€20k ▼ 5.5%
Debt
€75k ▲ 49.0%
Debt's share of the balance-sheet total rises from 70.4% to 79.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2023 · €28k
Cash flow
€2k▼
2023 · €22k
Current ratio
1.21▼
2023 · 1.28
Debt to equity
3.75▲
2023 · 2.38
ROE
-5.8%▼
2023 · 99.5%
ROA
-1.2%▼
2023 · 29.4%
Interest coverage
5.03▼
2023 · 208.51
Debt ≤ 1 year
€75k▲
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€72k€96k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€65k€91k▲
Amounts receivable within one year40/41€49k€81k▲
Trade receivables40€37k€75k▲
Other amounts receivable41€11k€6k▼
Cash at bank and in hand54/58€16k€9k▼
Deferred charges and accrued income490/1€607€1k▲
Equity and liabilities
Total equity and liabilities10/49€72k€96k▲
Equity10/15€21k€20k▼
Contributions10/11€100€100=
Profit (loss) carried forward14€21k€20k▼
Amounts payable17/49€51k€75k▲
Amounts payable within one year42/48€51k€75k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€26k€14k▼
Suppliers440/4€26k€14k▼
Advances received on contracts in progress46€17k€53k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48-€46
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€312€686▲
Gross operating margin9900€28k€2k▼
Operating profit (loss)9901€27k€-1k▼
Financial income75/76B€341€252▼
Recurring financial income75€341€252▼
Financial charges65/66B€133€326▲
Recurring financial charges65€133€326▲
Profit (loss) for the period before taxes9903€27k€-1k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€21k€-1k▼
Profit (loss) for the period to be appropriated9905€21k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€20k▼
Profit (loss) brought forward from the previous period14P-€21k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | ▲ 125% |
| Other operating charges640/8 | €312 | €686 | ▲ 120% |
| Gross operating margin9900 | €28k | €2k | ▼ 91.7% |
| Operating profit (loss)9901 | €27k | €-1k | ▼ 104% |
| Financial income75/76B | €341 | €252 | ▼ 26.1% |
| Recurring financial income75 | €341 | €252 | ▼ 26.1% |
| Financial charges65/66B | €133 | €326 | ▲ 145% |
| Recurring financial charges65 | €133 | €326 | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €27k | €-1k | ▼ 104% |
| Income taxes67/77 | €6k | - | - |
| Profit (loss) for the period9904 | €21k | €-1k | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €21k | €-1k | ▼ 106% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €72k | €96k | ▲ 32.9% |
| Fixed assets21/28 | €7k | €4k | ▼ 39.1% |
| Tangible fixed assets22/27 | €7k | €4k | ▼ 39.1% |
| Furniture and vehicles24 | €7k | €4k | ▼ 39.1% |
| Current assets29/58 | €65k | €91k | ▲ 40.6% |
| Amounts receivable within one year40/41 | €49k | €81k | ▲ 66.9% |
| Trade receivables40 | €37k | €75k | ▲ 101% |
| Other amounts receivable41 | €11k | €6k | ▼ 48.5% |
| Cash at bank and in hand54/58 | €16k | €9k | ▼ 41.3% |
| Deferred charges and accrued income490/1 | €607 | €1k | ▲ 72.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €72k | €96k | ▲ 32.9% |
| Equity10/15 | €21k | €20k | ▼ 5.5% |
| Contributions10/11 | €100 | €100 | = |
| Profit (loss) carried forward14 | €21k | €20k | ▼ 5.5% |
| Amounts payable17/49 | €51k | €75k | ▲ 49.0% |
| Amounts payable within one year42/48 | €51k | €75k | ▲ 49.0% |
| Financial debts43 | - | €2k | - |
| Credit institutions430/8 | - | €2k | - |
| Trade debts44 | €26k | €14k | ▼ 47.8% |
| Suppliers440/4 | €26k | €14k | ▼ 47.8% |
| Advances received on contracts in progress46 | €17k | €53k | ▲ 203% |
| Taxes, remuneration and social security45 | €7k | €7k | ▼ 4.0% |
| Taxes450/3 | €7k | €7k | ▼ 4.0% |
| Other amounts payable47/48 | - | €46 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €-1k | ▼ 106% |
| + Depreciation and write-downs630 | €1k | €3k | ▲ 125% |
| Operating cash flow (approximation) | €22k | €2k | ▼ 93.0% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-7k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2022
Ground area
152 m²
Building footprint
115 m²
Volume, LiDAR
493 m³
Parcel 42016C0793/00X000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NEW CONSTRUCT
since 20222.333.155.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42016C0793/00X000 | Flanders | 152 m² | 1 · 115 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 11,548 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.