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NIK CONSTRUCT

Active
Private limited companyfounded 2021active for 4 yearsBeemdstraat 27, 1601 Sint-Pieters-Leeuw, Belgium85 active companies are registered at this addressKBO/BCE: BE 0776.604.764
Summary

The computed 12-month bankruptcy probability of NIK CONSTRUCT is 6.6% (elevated). For NIK CONSTRUCT, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €43,775 and a net result of €11,751. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 67% of 9,841 sector peers (NACE 41, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€74,559total assets 2024
Equity
€43,775
Profit
€11,751
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
6.6%
2024 figures too old to score
Structure
Accounts 169 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2024 (filed 25-04-2025)Size: total assets €74,5591 financial year not filed after the legal deadlineFounded in 2021Annual accounts not filedneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Strong
Solvency 84+7
equity 58.7% of total assets
Liquidity 41-35
short-term debt 41.3% · cash 8.5%
Profitability 72+31
return on assets 15.8%
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,415 companies, NACE 41, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 3.1%▲ +2.2 percentage points vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 2.5%▼ -0.6 percentage points vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.4%▼ -0.1 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.6%▲ +0.2 percentage points vs 12-2025 02-2026: 2.8%▲ +0.2 percentage points vs 01-2026 03-2026: 2.9%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%▲ +0.2 percentage points vs 03-2026 05-2026: 3.6%▲ +0.5 percentage points vs 04-2026 06-2026: 3.7%▲ +0.1 percentage points vs 05-2026 07-2026: 4.4%▲ +0.7 percentage points vs 06-2026 08-2026: 4.5%▲ +0.1 percentage points vs 07-2026 09-2026: 5.0%▲ +0.5 percentage points vs 08-2026 10-2026: 6.6%▲ +1.6 percentage points vs 09-2026highest value
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 25-04-2025)
NBB · annual accounts
raises risk · Size: total assets €74,559
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 169 days later.
NBB · 3 filings
Position against the passed deadline
30-09-2025 year end30-04-2026 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 20-04-2025, 10 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
10 days early
2023
4 days early
2022
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 5 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet €4,150 ▼85.1%

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 30 April 2026 Financial year closed on 30 September 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

Equity
€43,775▲ 36.7%
2023 · €32,024
Total assets
€74,559▲ 21.7%
2023 · €61,264
Net result
€11,751▲ 183%
2023 · €4,150
Working capital
€37,498▲ 65.8%
2023 · €22,616
Trend over the years

2022 to 2024, 3 financial years

The operating result recovers in 2024; 2024 is 1% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€22,324 2024 Net result€11,751 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result€44,269-€22,141▼ 50.0%€22,324▲ 0.8%
Net result€27,875above the sector's middle half-€4,150within the sector's middle half▼ 85.1%€11,751within the sector's middle half▲ 183%
Equity€27,875within the sector's middle half-€32,024within the sector's middle half▲ 14.9%€43,775within the sector's middle half▲ 36.7%
Total assets€53,297below the sector's middle half-€61,264within the sector's middle half▲ 14.9%€74,559within the sector's middle half▲ 21.7%
Debt€25,422-€29,240▲ 15.0%€30,784▲ 5.3%
Working capital€19,475within the sector's middle half-€22,616within the sector's middle half▲ 16.1%€37,498within the sector's middle half▲ 65.8%
Solvency52.3%within the sector's middle half-52.3%within the sector's middle half=58.7%within the sector's middle half▲ 6.4pp
Current ratio1.77within the sector's middle half-1.77within the sector's middle half▲ 0.012.22within the sector's middle half▲ 0.44
Return on assets (ROA)52.3%above the sector's middle half-6.8%within the sector's middle half▼ 45.5pp15.8%within the sector's middle half▲ 9.0pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,559
Fixed assets €6,277 ▼ 33.3%
Current assets €68,283 ▲ 31.7%
Equity and liabilities €74,559
Equity €43,775 ▲ 36.7%
Debt €30,784 ▲ 5.3%
Debt's share of the balance-sheet total falls from 47.7% to 41.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€27,655▲
2023 · €26,475
Cash flow
€17,082▲
2023 · €8,484
Debt to equity
0.70▼
2023 · 0.91
ROE
26.8%▲
2023 · 13.0%
Interest coverage
3.98▲
2023 · 1.61
Debt ≤ 1 year
€30,784▲
2023 · €29,240
Income taxes
€3,621▲
2023 · €1,586
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€61,264€74,559▲
Fixed assets21/28€9,408€6,277▼
Tangible fixed assets22/27€9,408€6,277▼
Furniture and vehicles24€9,408€6,277▼
Current assets29/58€51,856€68,283▲
Amounts receivable within one year40/41€12,036€59,915▲
Trade receivables40€1,280€50,875▲
Other amounts receivable41€10,757€9,040▼
Cash at bank and in hand54/58€37,711€6,345▼
Deferred charges and accrued income490/1€2,109€2,023▼
Equity and liabilities
Total equity and liabilities10/49€61,264€74,559▲
Equity10/15€32,024€43,775▲
Profit (loss) carried forward14€32,024€43,775▲
Amounts payable17/49€29,240€30,784▲
Amounts payable within one year42/48€29,240€30,784▲
Trade debts44€12,554€23,164▲
Suppliers440/4€12,554€23,164▲
Taxes, remuneration and social security45€16,686€7,621▼
Taxes450/3€1,586€3,621▲
Remuneration and social security454/9€15,100€4,000▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,335€5,331▲
Other operating charges640/8€1,079€1,990▲
Gross operating margin9900€27,555€29,645▲
Operating profit (loss)9901€22,141€22,324▲
Financial charges65/66B€16,406€6,953▼
Recurring financial charges65€16,406€6,953▼
Profit (loss) for the period before taxes9903€5,735€15,371▲
Income taxes67/77€1,586€3,621▲
Profit (loss) for the period9904€4,150€11,751▲
Profit (loss) for the period to be appropriated9905€4,150€11,751▲
Appropriation of the result
Profit (loss) to be appropriated9906€32,024€43,775▲
Profit (loss) brought forward from the previous period14P€27,875€32,024▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,837€4,335€5,331▲ 23.0%
Other operating charges640/8€924€1,079€1,990▲ 84.4%
Gross operating margin9900€47,030€27,555€29,645▲ 7.6%
Operating profit (loss)9901€44,269€22,141€22,324▲ 0.8%
Financial charges65/66B€9,426€16,406€6,953▼ 57.6%
Recurring financial charges65€9,426€16,406€6,953▼ 57.6%
Profit (loss) for the period before taxes9903€34,843€5,735€15,371▲ 168%
Income taxes67/77€6,969€1,586€3,621▲ 128%
Profit (loss) for the period9904€27,875€4,150€11,751▲ 183%
Profit (loss) for the period to be appropriated9905€27,875€4,150€11,751▲ 183%
Line202220232024Change
Assets
Total assets20/58€53,297€61,264€74,559▲ 21.7%
Fixed assets21/28€8,399€9,408€6,277▼ 33.3%
Tangible fixed assets22/27€8,399€9,408€6,277▼ 33.3%
Furniture and vehicles24€8,399€9,408€6,277▼ 33.3%
Current assets29/58€44,897€51,856€68,283▲ 31.7%
Amounts receivable within one year40/41€38,905€12,036€59,915▲ 398%
Trade receivables40€32,944€1,280€50,875▲ 3,876%
Other amounts receivable41€5,961€10,757€9,040▼ 16.0%
Cash at bank and in hand54/58€5,886€37,711€6,345▼ 83.2%
Deferred charges and accrued income490/1€107€2,109€2,023▼ 4.1%
Equity and liabilities
Total equity and liabilities10/49€53,297€61,264€74,559▲ 21.7%
Equity10/15€27,875€32,024€43,775▲ 36.7%
Profit (loss) carried forward14€27,875€32,024€43,775▲ 36.7%
Amounts payable17/49€25,422€29,240€30,784▲ 5.3%
Amounts payable within one year42/48€25,422€29,240€30,784▲ 5.3%
Trade debts44€18,121€12,554€23,164▲ 84.5%
Suppliers440/4€18,121€12,554€23,164▲ 84.5%
Taxes, remuneration and social security45€6,969€16,686€7,621▼ 54.3%
Taxes450/3€6,969€1,586€3,621▲ 128%
Remuneration and social security454/9-€15,100€4,000▼ 73.5%
Other amounts payable47/48€333---
Line202220232024Change
Profit (loss) for the period9904€27,875€4,150€11,751▲ 183%
+ Depreciation and write-downs630€1,837€4,335€5,331▲ 23.0%
Operating cash flow (approximation)€29,711€8,484€17,082▲ 101%
Investment in fixed assets (approximation)--€5,343-€2,200▲ 58.8%
Change in cash-€31,825-€31,366-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
30-09-2024 micro format 20-04-2025 2025-00075686
30-09-2023 micro format 26-04-2024 2024-00070268
30-09-2022 micro format 28-04-2023 2023-00077572

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,149. 13,060 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

NIK CONSTRUCT was incorporated on 28 October 2021 as a private limited company.1 Total assets rose from €53,297 in 2022 to €74,559 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

2025
20-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
26-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
30-09
Financial Weakest financial yearnet €4,150 ▼85.1%
Net result drops to €4,150, the lowest in the series; recovery starts the following year.
28-04
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded28-10-2021
Financial year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43221Plumbing work
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0776604764
Also 9925:BE0776604764
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 16 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0776.604.764

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
1,889 m²
Building footprint
6,320 m²
Building volume
33,182 m³
2 parcels, Flanders · tallest building 14.4 m. Linked by address, not a title deed.
85 companies at this address See who is registered here
1 establishment unit
NIK CONSTRUCT
Koorstraat 14, 3510 HasseltGeneral construction of residential buildings
since 2021unit no. 2.323.845.034
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23069A0395/00A002 Flanders 1,540 m² 1 · 6,251 m² 14.4 m · 2
71028B0317/00F003 Flanders 348 m² 1 · 68 m² 7.9 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.