NICODAMCONSTRUCT
ActiveThe computed 12-month bankruptcy probability of NICODAMCONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €190k and a net result of €76k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 60% of 7431 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
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+13
Solvency79▲+12
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.37 in 2024; short-term debt: 32.6% and cash: 66.6% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 41
higher
← 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
53.6%
Return on assets
21.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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
4 d late
2024
10 d early
2023
51 d late
2022
19 d early
2021
23 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€502k
EBIT margin
16.6%
Net result
€76k▲ 63.1%
2024 · €46k
2021: €66k
2022: €124k
2023: €123k
2024: €46k
2021 → 2025
Working capital
€129k▲ 101%
2024 · €64k
2021: €37k
2022: €63k
2023: €143k
2024: €64k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€502k-
Equity€67k-€191k▲ 184%€248k▲ 29.9%€171k▼ 31.2%€190k▲ 10.9%
Operating result€83k-€160k▲ 91.6%€158k▼ 0.8%€59k▼ 62.5%€101k▲ 70.3%
Net result€66k-€124k▲ 87.1%€123k▼ 0.4%€46k▼ 62.3%€76k▲ 63.1%
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 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€109k▼ 36.5%
Current assets
€244k▲ 3.4%
Equity and liabilities €353k
Equity
€190k▲ 10.9%
Debt
€164k▼ 30.9%
The debt ratio falls from 58.1% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113k▲
2024 · €88k
Cash flow
€88k▲
2024 · €75k
Solvency
53.6%▲
2024 · 41.9%
Current ratio
2.12▲
2024 · 1.37
Quick ratio
2.12▲
2024 · 1.37
Debt / equity
0.86▼
2024 · 1.39
ROE
40.0%▲
2024 · 27.2%
ROA
21.5%▲
2024 · 11.4%
Interest coverage
35.83▼
2024 · 81.36
Debt
€164k▼
2024 · €237k
Debt ≤ 1 year
€115k▼
2024 · €172k
Debt > 1 year
€49k▼
2024 · €65k
Income taxes
€22k▲
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€408k€353k▼
Fixed assets21/28€172k€109k▼
Tangible fixed assets22/27€172k€109k▼
Land and buildings22€95k€94k▼
Plant, machinery and equipment23€2k€798▼
Furniture and vehicles24€75k€15k▼
Current assets29/58€236k€244k▲
Amounts receivable within one year40/41€2k€7k▲
Trade receivables40€190€4k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€230k€235k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€408k€353k▼
Equity10/15€171k€190k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€170k€189k▲
Amounts payable17/49€237k€164k▼
Amounts payable after more than one year17€65k€49k▼
Financial debts170/4€65k€49k▼
Amounts payable within one year42/48€172k€115k▼
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€39k€37k▼
Taxes450/3€39k€37k▼
Other amounts payable47/48€110k€60k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€12k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8-€52k
Gross operating margin9900€89k€164k▲
Operating profit (loss)9901€59k€101k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€58k€98k▲
Income taxes67/77€12k€22k▲
Profit (loss) for the period9904€46k€76k▲
Profit (loss) for the period to be appropriated9905€46k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€294k€246k▼
Profit (loss) brought forward from the previous period14P€247k€170k▼
Profit to be distributed694/7€124k€57k▼
Return on contributions (dividend)694€124k€57k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €46k ▼62.3%
Net result drops to €46k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Equity above €200kEq €248k ▲29.9%
3 profitable years in a row build equity to €248k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €124k ▲87.1%
Operating result €160k, net result €124k, both a record.
31-12
Financial
Equity above €150kEq €191k ▲184%
2 profitable years in a row build equity to €191k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Erpe-Mere · 1 establishment unit since 2021
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.
Oudenaardsesteenweg 2529420 Erpe-MereGround area
1,012 m²
Building footprint
138 m²
Volume, LiDAR
1,053 m³
Parcel 41016D0820/00Z000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NICODAMCONSTRUCT
since 20212.313.324.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D0820/00Z000 | Flanders | 1,012 m² | 1 · 138 m² | 10.9 m · 3 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.
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GEDA PROJECTS
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43350Other building finishing work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
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.