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NILSON CONSTRUCT

Active
Limited partnershipfounded 2015active for 11 yearsRue des Trois Hurées (Jem. II) 205, 7012 Mons, BelgiumKBO/BCE: BE 0640.784.374
Summary

The computed 12-month bankruptcy probability of NILSON CONSTRUCT is 7.4% (elevated). For NILSON CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €16,894 and a net result of €9,670. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 6,686 sector peers (NACE 41, financial year 2021). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
Size
€38,369turnover 2021
Equity
€16,894
Profit
€9,670
Financial health
Bankruptcy probabilitywithin 12 months
7.4%
2021 figures too old to score
Structure
Accounts 1172 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2021 (filed 30-11-2022)Latest accounts 122 days late; 3 of the last 3 lateNo registered site in the KBOTwo or more financial years not filedFiled more than 90 days latelowers riskLegal form: limited partnershipShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Strong
Solvency 100+22
equity 91.3% of total assets
Liquidity 100+23
short-term debt 8.7%
Profitability 100=
return on assets 52.2%
Bankruptcy probability, 12 months
7.4% 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% (13,400 companies, NACE 41, micro)
Last 24 months 11-2024: 7.8%highest value 12-2024: 7.8%● unchanged vs 11-2024highest value 01-2025: 7.8%● unchanged vs 12-2024highest value 02-2025: 7.8%● unchanged vs 01-2025highest value 03-2025: 7.8%● unchanged vs 02-2025highest value 04-2025: 7.8%● unchanged vs 03-2025highest value 05-2025: 7.8%● unchanged vs 04-2025highest value 06-2025: 7.8%● unchanged vs 05-2025highest value 07-2025: 7.8%● unchanged vs 06-2025highest value 08-2025: 7.6%▼ -0.2 percentage points vs 07-2025 09-2025: 7.6%● unchanged vs 08-2025 10-2025: 7.6%● unchanged vs 09-2025 11-2025: 7.6%● unchanged vs 10-2025 12-2025: 7.6%● unchanged vs 11-2025 01-2026: 7.5%▼ -0.1 percentage points vs 12-2025 02-2026: 7.5%● unchanged vs 01-2026 03-2026: 7.5%● unchanged vs 02-2026 04-2026: 7.5%● unchanged vs 03-2026 05-2026: 7.4%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 7.4%● unchanged vs 05-2026lowest value 07-2026: 7.4%● unchanged vs 06-2026lowest value 08-2026: 7.4%● unchanged vs 07-2026lowest value 09-2026: 7.4%● unchanged vs 08-2026lowest value 10-2026: 7.4%● unchanged vs 09-2026lowest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2021 (filed 30-11-2022)
NBB · annual accounts
raises risk · Latest accounts 122 days late; 3 of the last 3 late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Legal form: limited partnership
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filings
Position against the passed deadline
31-12-2022 year end31-07-2023 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-11-2022, 122 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
122 days late
2020
118 days late
2019
143 days late
← 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 128 days after 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 2021 · micro…
  2. Liquidity more than quadruplescurrent ratio 10.21
  3. Annual accounts filedfinancial year 2020 · micro…

Financials · financial year 2021, micro format

2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 15 October 2026.

Turnover
€38,369▲ 78.1%
2020 · €21,542
EBIT margin
25.1%▼ 22.6pp
2020 · 47.7%
Net result
€9,670▼ 5.9%
2020 · €10,280
Working capital
€14,894▲ 106%
2020 · €7,224
Trend over the years

2018 to 2021, 4 financial years 2018 to 2021, 4 financial years

The operating result falls in 2021; 2021 is 6% below 2020.

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

Turnover€38,369 2021 Operating result€9,648 2021 Net result€9,670 2021

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
Line2018201920202021
Turnover€36,788-€20,566▼ 44.1%€21,542▲ 4.7%€38,369▲ 78.1%
Operating result€1,018-€311▼ 69.5%€10,286▲ 3,210%€9,648▼ 6.2%
Net result€1,018-€275▼ 73.0%€10,280within the sector's middle half▲ 3,642%€9,670within the sector's middle half▼ 5.9%
EBIT margin2.8%-1.5%▼ 1.3pp47.7%▲ 46.2pp25.1%▼ 22.6pp
Equity-€2,178--€3,056▼ 40.3%€7,224below the sector's middle half€16,894within the sector's middle half▲ 134%
Total assets€892-€2,164▲ 143%€13,684below the sector's middle half▲ 532%€18,510below the sector's middle half▲ 35.3%
Debt€3,070-€5,220▲ 70.0%€6,460▲ 23.8%€1,616▼ 75.0%
Working capital-€2,178--€3,056▼ 40.3%€7,224within the sector's middle half€14,894within the sector's middle half▲ 106%
Solvency52.8%within the sector's middle half91.3%above the sector's middle half▲ 38.5pp
Current ratio2.12within the sector's middle half10.21above the sector's middle half▲ 8.10
Return on assets (ROA)75.1%above the sector's middle half52.2%above the sector's middle half▼ 22.9pp
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.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €18,510
Fixed assets €2,000
Current assets €16,510
Equity and liabilities €18,510
Equity €16,894 ▲ 134%
Debt €1,616 ▼ 75.0%
Debt's share of the balance-sheet total falls from 47.2% to 8.7%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€10,648
Cash flow
€10,670
Debt to equity
0.10
ROE
57.2%▼
2020 · 142.3%
Interest coverage
over 100
Debt ≤ 1 year
€1,616▼
2020 · €6,460
Staff costs
-€348
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 · 2021 against 2020 · 40 lines
Balance sheet Code20202021
Assets
Total assets20/58€13,684€18,510▲
Fixed assets21/28-€2,000
Tangible fixed assets22/27-€2,000
Furniture and vehicles24-€2,000
Current assets29/58€13,684€16,510▲
Amounts receivable within one year40/41€1,331€8,855▲
Trade receivables40-€7,019
Other amounts receivable41-€1,836
Current investments50/53-€7,655
Cash at bank and in hand54/58€12,353-
Equity and liabilities
Total equity and liabilities10/49€13,684€18,510▲
Equity10/15€7,224€16,894▲
Contributions10/11€1,000€1,000=
Capital10-€1,000
Issued capital100-€1,000
Reserves13€100€100=
Non-distributable reserves130/1-€100
Legal reserve130-€100
Profit (loss) carried forward14€6,124€15,794▲
Amounts payable17/49€6,460€1,616▼
Amounts payable within one year42/48€6,460€1,616▼
Trade debts44-€71
Suppliers440/4-€71
Other amounts payable47/48-€1,545
Income statement Code20202021
Turnover70€21,542€38,369▲
Goods, raw materials, services and sundry goods60/61-€27,164
Remuneration, social security and pensions62--€348
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,000
Other operating charges640/8-€209
Gross operating margin9900€11,499€10,510▼
Operating profit (loss)9901€10,286€9,648▼
Financial income75/76B-€112
Recurring financial income75-€112
Financial charges65/66B-€90
Recurring financial charges65€6€90▲
Profit (loss) for the period before taxes9903€10,280€9,670▼
Profit (loss) for the period9904€10,280€9,670▼
Profit (loss) for the period to be appropriated9905€10,280€9,670▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,794
Profit (loss) brought forward from the previous period14P-€6,124

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70€36,788€20,566€21,542€38,369▲ 78.1%
Goods, raw materials, services and sundry goods60/61---€27,164-
Remuneration, social security and pensions62----€348-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183--€1,000-
Other operating charges640/8---€209-
Gross operating margin9900€6,142€2,730€11,499€10,510▼ 8.6%
Operating profit (loss)9901€1,018€311€10,286€9,648▼ 6.2%
Financial income75/76B---€112-
Recurring financial income75---€112-
Financial charges65/66B---€90-
Recurring financial charges65-€36€6€90▲ 1,407%
Profit (loss) for the period before taxes9903€1,018€275€10,280€9,670▼ 5.9%
Profit (loss) for the period9904€1,018€275€10,280€9,670▼ 5.9%
Profit (loss) for the period to be appropriated9905€1,018€275€10,280€9,670▼ 5.9%
Line2018201920202021Change
Assets
Total assets20/58€892€2,164€13,684€18,510▲ 35.3%
Fixed assets21/28---€2,000-
Tangible fixed assets22/27---€2,000-
Furniture and vehicles24---€2,000-
Current assets29/58€892€2,164€13,684€16,510▲ 20.7%
Amounts receivable within one year40/41-€4€1,331€8,855▲ 565%
Trade receivables40---€7,019-
Other amounts receivable41---€1,836-
Current investments50/53---€7,655-
Cash at bank and in hand54/58€892€2,160€12,353--
Equity and liabilities
Total equity and liabilities10/49€892€2,164€13,684€18,510▲ 35.3%
Equity10/15-€2,178-€3,056€7,224€16,894▲ 134%
Contributions10/11€1,000€1,000€1,000€1,000=
Capital10---€1,000-
Issued capital100---€1,000-
Reserves13€100€100€100€100=
Non-distributable reserves130/1---€100-
Legal reserve130---€100-
Profit (loss) carried forward14-€3,278-€4,156€6,124€15,794▲ 158%
Amounts payable17/49€3,070€5,220€6,460€1,616▼ 75.0%
Amounts payable within one year42/48€3,070€5,220€6,460€1,616▼ 75.0%
Trade debts44€296--€71-
Suppliers440/4---€71-
Other amounts payable47/48---€1,545-
Line2018201920202021Change
Profit (loss) for the period9904€1,018€275€10,280€9,670▼ 5.9%
+ Depreciation and write-downs630€183--€1,000-
Operating cash flow (approximation)€1,201€275€10,280€10,670▲ 3.8%
Change in cash-€1,268€10,193--

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 (6)
Financial year Type Filed Reference
31-12-2021 micro format 30-11-2022 2022-20528453
31-12-2020 micro format 26-11-2021 2021-78500291
31-12-2019 micro format 21-12-2020 2020-77100249
31-12-2018 micro format 26-02-2020 2020-05800430
31-12-2017 micro format 26-02-2020 2020-05800437
31-12-2016 full format 26-12-2017 2017-73700185

Similar companies · same sector, comparable size

Of the 29,199 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,152. 11,187 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

NILSON CONSTRUCT was incorporated on 1 October 2015.1 Turnover went from €36,788 in 2018 to €38,369 in 2021.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2021

Acts, filings and financial milestones

2022
30-11
NBB filing Annual accounts filed
financial year 2021 · micro format · 122 days late
2021
31-12
Financial Liquidity more than quadruplescurrent ratio 10.21
Current ratio from 2.12 to 10.21; short-term debt falls from €6,460 to €1,616.
26-11
NBB filing Annual accounts filed
financial year 2020 · micro format · 118 days late
2020
31-12
Financial Highest result from 2018 to 2021net €10,280 ▲3,642%
Operating result €10,286, net result €10,280, both a record.
31-12
Financial Liquidity more than 5 timescurrent ratio 2.12
Current ratio from 0.41 to 2.12.
21-12
NBB filing Annual accounts filed
financial year 2019 · micro format · 143 days late
26-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 210 days late
26-02
NBB filing Annual accounts filed
financial year 2017 · micro format · 575 days late
2019
31-12
Financial Weakest financial yearnet €275 ▼73%
Net result drops to €275, the lowest in the series; recovery starts the following year.
2017
26-12
NBB filing Annual accounts filed
financial year 2016 · full format · 148 days late
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 formLimited partnership
Founded01-10-2015
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0640784374
Also 9925:BE0640784374
Registered 18-12-2025

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

Register as of 15 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 0640.784.374

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

Sites & property

Location & real-estate footprint
Registered office, Mons
exact location from the address register On OpenStreetMap
Ground area
228 m²
Building footprint
41 m²
Building volume
311 m³
Parcel 53043B1245/00Y000, Wallonia · tallest building 8.8 m. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
53043B1245/00Y000 Wallonia 228 m² 1 · 40 m² 8.8 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.