NEXUS KONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NEXUS KONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €152,367 and a net result of €33,086. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 7930 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+32
Solvency78▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.83 in 2024; short-term debt: 39% and cash: 8.5% of total assets), and 47.1% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
52.9%
Return on assets
11.5%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
29 d early
2024
27 d early
2023
50 d early
2022
26 d early
2021
96 d early
2020
11 d early
2019
73 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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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, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€152,367▲ 27.7%
2024 · €119,281
Total assets
€287,835▼ 4.8%
2024 · €302,388
Net result
€33,086▲ 325%
2024 · €7,793
Working capital
€148,894▲ 21.6%
2024 · €122,475
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Operating result€29,829▼ 48.2%€35,056▲ 17.5%€45,419▲ 29.6%€27,102▼ 40.3%€54,247▲ 100%
Net result€16,132within the sector's middle half▼ 57.4%€18,667within the sector's middle half▲ 15.7%€19,753within the sector's middle half▲ 5.8%€7,793within the sector's middle half▼ 60.5%€33,086within the sector's middle half▲ 325%
Equity€60,669below the sector's middle half▲ 36.2%€91,735below the sector's middle half▲ 51.2%€111,488below the sector's middle half▲ 21.5%€119,281below the sector's middle half▲ 7.0%€152,367within the sector's middle half▲ 27.7%
Total assets€422,380within the sector's middle half▼ 11.4%€391,946below the sector's middle half▼ 7.2%€551,989within the sector's middle half▲ 40.8%€302,388below the sector's middle half▼ 45.2%€287,835within the sector's middle half▼ 4.8%
Debt€361,712▼ 16.3%€300,211▼ 17.0%€440,501▲ 46.7%€183,107▼ 58.4%€135,468▼ 26.0%
Working capital€45,172within the sector's middle half▲ 67.3%€48,783within the sector's middle half▲ 8.0%€127,339within the sector's middle half▲ 161%€122,475within the sector's middle half▼ 3.8%€148,894within the sector's middle half▲ 21.6%
Solvency14.4%below the sector's middle half▲ 5.0pp23.4%within the sector's middle half▲ 9.0pp20.2%below the sector's middle half▼ 3.2pp39.4%within the sector's middle half▲ 19.2pp52.9%within the sector's middle half▲ 13.5pp
Current ratio1.13below the sector's middle half▲ 0.061.17within the sector's middle half▲ 0.051.33within the sector's middle half▲ 0.151.83within the sector's middle half▲ 0.512.32within the sector's middle half▲ 0.49
Return on assets (ROA)3.8%within the sector's middle half▼ 4.1pp4.8%within the sector's middle half▲ 0.9pp3.6%within the sector's middle half▼ 1.2pp2.6%within the sector's middle half▼ 1.0pp11.5%within the sector's middle half▲ 8.9pp
Staff (FTE)8.8within the sector's middle half▲ 7.3%7.5within the sector's middle half▼ 14.8%7.5within the sector's middle half=5.5within the sector's middle half▼ 26.7%5within the sector's middle half▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287,835
Fixed assets
€26,555 ▼ 18.6%
Current assets
€261,279 ▼ 3.1%
Equity and liabilities €287,835
Equity
€152,367 ▲ 27.7%
Debt
€135,468 ▼ 26.0%
Debt's share of the balance-sheet total falls from 60.6% to 47.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72,053▲
2024 · €53,597
Cash flow
€50,892▲
2024 · €34,288
Quick ratio
1.67▲
2024 · 1.08
Debt to equity
0.89▼
2024 · 1.54
ROE
21.7%▲
2024 · 6.5%
Interest coverage
8.81▲
2024 · 3.43
Debt ≤ 1 year
€112,385▼
2024 · €147,288
Debt > 1 year
€20,083▼
2024 · €34,983
Income taxes
€13,599▲
2024 · €6,324
Staff costs
€281,819▲
2024 · €253,448
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,000 | €0 | - | - |
| Remuneration, social security and pensions62 | €433,942 | €362,278 | €402,621 | €253,448 | €281,819 | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,566 | €21,735 | €24,519 | €26,495 | €17,806 | ▼ 32.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €23,367 | €0 | - | - |
| Other operating charges640/8 | €4,413 | €4,450 | €3,841 | €2,304 | €6,206 | ▲ 169% |
| Non-recurring operating charges66A | - | €33 | €0 | - | - | - |
| Gross operating margin9900 | €476,751 | €423,552 | €499,768 | €309,349 | €360,078 | ▲ 16.4% |
| Operating profit (loss)9901 | €29,829 | €35,056 | €45,419 | €27,102 | €54,247 | ▲ 100% |
| Financial income75/76B | €897 | €258 | €2,041 | €2,645 | €614 | ▼ 76.8% |
| Recurring financial income75 | €897 | €258 | €2,041 | €2,645 | €614 | ▼ 76.8% |
| Financial charges65/66B | €7,645 | €8,268 | €18,737 | €15,631 | €8,176 | ▼ 47.7% |
| Recurring financial charges65 | €7,645 | €8,268 | €18,737 | €15,631 | €8,176 | ▼ 47.7% |
| Profit (loss) for the period before taxes9903 | €23,080 | €27,046 | €28,723 | €14,117 | €46,685 | ▲ 231% |
| Income taxes67/77 | €6,948 | €8,379 | €8,970 | €6,324 | €13,599 | ▲ 115% |
| Profit (loss) for the period9904 | €16,132 | €18,667 | €19,753 | €7,793 | €33,086 | ▲ 325% |
| Profit (loss) for the period to be appropriated9905 | €16,132 | €18,667 | €19,753 | €7,793 | €33,086 | ▲ 325% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €422,380 | €391,946 | €551,989 | €302,388 | €287,835 | ▼ 4.8% |
| Fixed assets21/28 | €16,432 | €58,062 | €33,388 | €32,626 | €26,555 | ▼ 18.6% |
| Tangible fixed assets22/27 | €13,378 | €54,908 | €30,388 | €29,626 | €23,555 | ▼ 20.5% |
| Plant, machinery and equipment23 | €7,449 | €7,941 | €3,113 | €13,483 | €14,862 | ▲ 10.2% |
| Furniture and vehicles24 | €5,928 | €46,966 | €27,275 | €16,143 | €8,693 | ▼ 46.1% |
| Financial fixed assets28 | €3,054 | €3,154 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €405,949 | €333,885 | €518,601 | €269,762 | €261,279 | ▼ 3.1% |
| Stocks and contracts in progress3 | €78,332 | €84,332 | €113,332 | €110,000 | €74,000 | ▼ 32.7% |
| Stocks30/36 | €78,332 | €84,332 | €113,332 | €110,000 | €74,000 | ▼ 32.7% |
| Amounts receivable within one year40/41 | €134,332 | €220,672 | €292,474 | €83,597 | €153,936 | ▲ 84.1% |
| Trade receivables40 | €96,768 | €201,617 | €188,452 | €70,469 | €106,838 | ▲ 51.6% |
| Other amounts receivable41 | €37,564 | €19,054 | €104,022 | €13,128 | €47,097 | ▲ 259% |
| Cash at bank and in hand54/58 | €172,178 | €12,904 | €105,096 | €60,658 | €24,334 | ▼ 59.9% |
| Deferred charges and accrued income490/1 | €21,107 | €15,977 | €7,699 | €15,508 | €9,009 | ▼ 41.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €422,380 | €391,946 | €551,989 | €302,388 | €287,835 | ▼ 4.8% |
| Equity10/15 | €60,669 | €91,735 | €111,488 | €119,281 | €152,367 | ▲ 27.7% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €54,469 | €73,135 | €92,888 | €100,681 | €133,767 | ▲ 32.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €52,609 | €71,275 | €92,888 | €100,681 | €133,767 | ▲ 32.9% |
| Amounts payable17/49 | €361,712 | €300,211 | €440,501 | €183,107 | €135,468 | ▼ 26.0% |
| Amounts payable after more than one year17 | - | €15,109 | €49,239 | €34,983 | €20,083 | ▼ 42.6% |
| Financial debts170/4 | - | €15,109 | €49,239 | €34,983 | €20,083 | ▼ 42.6% |
| Amounts payable within one year42/48 | €360,777 | €285,102 | €391,262 | €147,288 | €112,385 | ▼ 23.7% |
| Current portion of amounts payable after more than one year42 | - | €4,284 | €13,640 | €14,256 | €14,900 | ▲ 4.5% |
| Financial debts43 | €175,000 | €125,000 | €125,000 | €50,000 | €0 | ▼ 100% |
| Credit institutions430/8 | €175,000 | €125,000 | €125,000 | €50,000 | €0 | ▼ 100% |
| Trade debts44 | €164,943 | €132,432 | €209,751 | €69,298 | €90,782 | ▲ 31.0% |
| Suppliers440/4 | €164,943 | €132,432 | €209,751 | €69,298 | €90,782 | ▲ 31.0% |
| Taxes, remuneration and social security45 | €20,762 | €23,314 | €41,578 | €12,739 | €6,001 | ▼ 52.9% |
| Taxes450/3 | €6,948 | €15,327 | €31,329 | €169 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €13,814 | €7,986 | €10,249 | €12,570 | €6,001 | ▼ 52.3% |
| Other amounts payable47/48 | €72 | €72 | €1,293 | €995 | €702 | ▼ 29.4% |
| Accrued charges and deferred income492/3 | €935 | - | - | €837 | €3,000 | ▲ 259% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,132 | €18,667 | €19,753 | €7,793 | €33,086 | ▲ 325% |
| + Depreciation and write-downs630 | €8,566 | €21,735 | €24,519 | €26,495 | €17,806 | ▼ 32.8% |
| Operating cash flow (approximation) | €24,698 | €40,402 | €44,272 | €34,288 | €50,892 | ▲ 48.4% |
| Investment in fixed assets (approximation) | - | -€63,365 | €154 | -€25,732 | -€11,736 | ▲ 54.4% |
| Change in cash | - | -€159,274 | €92,192 | -€44,438 | -€36,323 | ▲ 18.3% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150,000Eq €152,367 ▲27.7%
7 profitable years in a row build equity to €152,367.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €7,793 ▼60.5%
Net result drops to €7,793, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100,000Eq €111,488 ▲21.5%
5 profitable years in a row build equity to €111,488.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Bree · 1 establishment unit since 2019
Ground area
1.8 ha
Building footprint
1,706 m²
Volume, LiDAR
9,135 m³
Parcel 72027C0452/00H002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Maaseikerbaan 99, 3960 Bree
since 20192.284.457.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72027C0452/00H002 | Flanders | 1.8 ha | 1 · 1,706 m² | 6.7 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.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 44,856 EUR awarded · 44,629 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 9,683 EUR | 9,456 EUR |
| 2024 | 1 | 11,211 EUR | 11,211 EUR |
| 2023 | 1 | 13,697 EUR | 13,697 EUR |
| 2022 | 2 | 10,265 EUR | 10,265 EUR |
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Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,753 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
Founded10-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0717953022
Also
9925:BE0717953022
Registered
10-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.