NEXTUM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NEXTUM CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €87,976 and a net result of €7,628. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 7586 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability39▲+4
Solvency46▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.25 against 1.2 in 2024; short-term debt: 79% and cash: 0.1% of total assets), and 79% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
28 d late
2023
8 d early
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, micro schema
Equity
€87,976▲ 9.5%
2024 · €80,348
Total assets
€418,063▼ 4.9%
2024 · €439,710
Net result
€7,628▲ 35.1%
2024 · €5,646
Working capital
€83,949▲ 14.1%
2024 · €73,556
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€68,680-€28,583-€2,356-€1,963▲ 16.7%
Net result-€65,544below the sector's middle half-€40,245above the sector's middle half€5,646within the sector's middle half▼ 86.0%€7,628within the sector's middle half▲ 35.1%
Equity€34,456within the sector's middle half-€74,701within the sector's middle half▲ 117%€80,348within the sector's middle half▲ 7.6%€87,976within the sector's middle half▲ 9.5%
Total assets€148,776within the sector's middle half-€298,509above the sector's middle half▲ 101%€439,710above the sector's middle half▲ 47.3%€418,063above the sector's middle half▼ 4.9%
Debt€114,319-€223,807▲ 95.8%€359,362▲ 60.6%€330,087▼ 8.1%
Working capital€23,184within the sector's middle half-€66,502within the sector's middle half▲ 187%€73,556within the sector's middle half▲ 10.6%€83,949within the sector's middle half▲ 14.1%
Solvency23.2%within the sector's middle half-25.0%within the sector's middle half▲ 1.9pp18.3%within the sector's middle half▼ 6.8pp21.0%within the sector's middle half▲ 2.8pp
Current ratio1.20within the sector's middle half-1.30within the sector's middle half▲ 0.091.20within the sector's middle half▼ 0.091.25within the sector's middle half▲ 0.05
Return on assets (ROA)-44.1%below the sector's middle half-13.5%within the sector's middle half▲ 57.5pp1.3%within the sector's middle half▼ 12.2pp1.8%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,963 in 2025 against €2,356 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €418,063
Fixed assets
€4,027 ▼ 40.7%
Current assets
€414,036 ▼ 4.4%
Equity and liabilities €418,063
Equity
€87,976 ▲ 9.5%
Debt
€330,087 ▼ 8.1%
Debt's share of the balance-sheet total falls from 81.7% to 79.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€802▼
2024 · €1,105
Cash flow
€10,393▲
2024 · €9,107
Quick ratio
1.23▲
2024 · 1.19
Debt to equity
3.75▼
2024 · 4.47
ROE
8.7%▲
2024 · 7.0%
Interest coverage
2.14▲
2024 · 1.74
Debt ≤ 1 year
€330,087▼
2024 · €359,362
Income taxes
€2,905
Staff costs
€0▼
2024 · €700
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,365 | €0 | - | - |
| Remuneration, social security and pensions62 | €27 | €198 | €700 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,402 | €3,073 | €3,461 | €2,765 | ▼ 20.1% |
| Other operating charges640/8 | €852 | €1,880 | €976 | €1,115 | ▲ 14.3% |
| Gross operating margin9900 | -€65,399 | €33,734 | €2,781 | €1,917 | ▼ 31.1% |
| Operating profit (loss)9901 | -€68,680 | €28,583 | -€2,356 | -€1,963 | ▲ 16.7% |
| Financial income75/76B | €4,163 | €12,312 | €8,636 | €12,871 | ▲ 49.0% |
| Recurring financial income75 | €4,163 | €12,312 | €8,636 | €12,871 | ▲ 49.0% |
| Financial charges65/66B | €1,027 | €650 | €634 | €375 | ▼ 40.7% |
| Recurring financial charges65 | €1,027 | €650 | €634 | €375 | ▼ 40.7% |
| Profit (loss) for the period before taxes9903 | -€65,544 | €40,245 | €5,646 | €10,533 | ▲ 86.5% |
| Income taxes67/77 | - | - | - | €2,905 | - |
| Profit (loss) for the period9904 | -€65,544 | €40,245 | €5,646 | €7,628 | ▲ 35.1% |
| Profit (loss) for the period to be appropriated9905 | -€65,544 | €40,245 | €5,646 | €7,628 | ▲ 35.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €148,776 | €298,509 | €439,710 | €418,063 | ▼ 4.9% |
| Fixed assets21/28 | €11,272 | €8,199 | €6,792 | €4,027 | ▼ 40.7% |
| Tangible fixed assets22/27 | €11,272 | €8,199 | €6,792 | €4,027 | ▼ 40.7% |
| Land and buildings22 | - | €1,531 | €1,133 | €735 | ▼ 35.2% |
| Plant, machinery and equipment23 | €5,995 | €3,116 | €3,833 | €2,389 | ▼ 37.7% |
| Furniture and vehicles24 | €5,278 | €3,552 | €1,826 | €903 | ▼ 50.5% |
| Current assets29/58 | €137,503 | €290,310 | €432,918 | €414,036 | ▼ 4.4% |
| Stocks and contracts in progress3 | €3,087 | €4,731 | €6,707 | €8,384 | ▲ 25.0% |
| Stocks30/36 | €3,087 | €4,731 | €6,707 | €8,384 | ▲ 25.0% |
| Amounts receivable within one year40/41 | €132,758 | €249,297 | €410,073 | €391,048 | ▼ 4.6% |
| Trade receivables40 | €123,726 | €246,468 | €386,397 | €365,208 | ▼ 5.5% |
| Other amounts receivable41 | €9,032 | €2,829 | €23,676 | €25,839 | ▲ 9.1% |
| Cash at bank and in hand54/58 | €385 | €36,282 | €5,098 | €589 | ▼ 88.4% |
| Deferred charges and accrued income490/1 | €1,273 | €0 | €11,040 | €14,015 | ▲ 26.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €148,776 | €298,509 | €439,710 | €418,063 | ▼ 4.9% |
| Equity10/15 | €34,456 | €74,701 | €80,348 | €87,976 | ▲ 9.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€65,544 | -€25,299 | -€19,652 | -€12,024 | ▲ 38.8% |
| Amounts payable17/49 | €114,319 | €223,807 | €359,362 | €330,087 | ▼ 8.1% |
| Amounts payable within one year42/48 | €114,319 | €223,807 | €359,362 | €330,087 | ▼ 8.1% |
| Trade debts44 | €49,978 | €110,235 | €259,138 | €226,745 | ▼ 12.5% |
| Suppliers440/4 | €49,978 | €110,235 | €259,138 | €226,745 | ▼ 12.5% |
| Taxes, remuneration and social security45 | €1,841 | €13,448 | €100 | €2,912 | ▲ 2,801% |
| Taxes450/3 | €1,841 | €13,448 | €100 | €2,912 | ▲ 2,801% |
| Other amounts payable47/48 | €62,500 | €100,124 | €100,124 | €100,430 | ▲ 0.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€65,544 | €40,245 | €5,646 | €7,628 | ▲ 35.1% |
| + Depreciation and write-downs630 | €2,402 | €3,073 | €3,461 | €2,765 | ▼ 20.1% |
| Operating cash flow (approximation) | -€63,142 | €43,318 | €9,107 | €10,393 | ▲ 14.1% |
| Investment in fixed assets (approximation) | - | €0 | -€2,053 | €0 | ▲ 100% |
| Change in cash | - | €35,897 | -€31,184 | -€4,509 | ▲ 85.5% |
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €40,245
Net result €40,245 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 2021
Ground area
904 m²
Building footprint
577 m²
Volume, LiDAR
4,794 m³
Parcel 24434F0313/00S003, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
NEXTUM CONSTRUCT
since 20212.326.350.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0313/00S003 | Flanders | 904 m² | 1 · 577 m² | 14.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 101 EUR awarded · 33 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 33 EUR |
| 2022 | 1 | 101 EUR | 0 EUR |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 13,177 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
Founded28-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779466957
Also
9925:BE0779466957
Registered
30-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.