Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Of this, €389,676 falls due within a year.
In July 2024, 678 companies had the same profile as NINiVE CONSTRUCT has now. Each dot stands for 2 companies, two years later.
Another 2.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 678 companies, not a prediction for NINiVE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| NINiVE CONSTRUCT Ninove | €548,746 | -€185,125 | -33.6% | - |
| ALL-PLANT Oudenaarde | €601,281 | -€3,799 | -7.1% | - |
| CONCEPT Ghent | €556,918 | -€14,080 | 48.2% | - |
| BARINA Erpe-Mere | €505,770 | -€52,922 | 15.6% | - |
| XTREME BUILDING SOLUTIONS Lochristi | €560,357 | -€44,621 | -19.7% | - |
| BOUWTEAM 2000 Deinze | €480,237 | -€47,112 | 67.2% | - |
| ROBOMA Gistel | €570,056 | -€5,424 | 95.3% | - |
These companies have the same main activity as NINiVE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €480,000 and €601,000, founded between 1991 and 1999.
NINiVE CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €16,259 in 2006 to -€185,125 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 7% of 10,152 companies in 2025.
Higher than 16% of 9,863 companies in 2025.
Higher than 6% of 9,951 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
548,746 | 1.1m | 1.0m | 1.4m | 980,089 | 1.2m | 1.2m | 1.1m | 1.1m | 1.3m | 1.3m | 1.0m | 124,310 | 257,937 | 20,098 | 41,739 | 45,013 | 8,931 | 24,462 | 67,677 | |
21/28 |
224,649 | 237,897 | 251,787 | 265,487 | 505,881 | 526,196 | 547,488 | 570,807 | 594,710 | 318,550 | 12,816 | 3,131 | 4,802 | 11,793 | 16,959 | 25,259 | 32,737 | 1,216 | 1,109 | 16,471 | |
22/27 |
224,649 | 237,897 | 251,787 | 265,487 | 505,881 | 526,196 | 547,488 | 570,807 | 594,710 | 318,550 | 12,816 | 3,131 | 4,802 | 11,793 | 16,959 | 25,259 | 32,737 | 1,216 | 1,109 | - | |
22 |
222,783 | 235,824 | 248,865 | 261,906 | 503,030 | 524,215 | 545,276 | 566,338 | 587,399 | 717 | - | - | - | - | - | - | - | - | - | - | |
23 |
1,866 | 2,073 | 2,922 | 3,581 | 2,851 | 1,981 | 2,212 | 3,909 | 5,872 | 10,336 | 7,163 | 1,911 | 2,569 | 3,038 | 297 | 357 | 416 | 476 | 535 | - | |
24 |
- | - | - | - | - | - | - | 561 | 1,439 | 5,372 | 5,653 | 1,220 | 2,233 | 8,755 | 16,662 | 24,902 | 32,321 | 741 | 574 | - | |
27 |
- | - | - | - | - | - | - | - | - | 302,125 | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16,471 | |
29/58 |
324,098 | 853,250 | 748,420 | 1.1m | 474,208 | 671,574 | 660,615 | 484,784 | 511,750 | 989,410 | 1.3m | 1.0m | 119,509 | 246,143 | 3,139 | 16,480 | 12,276 | 7,714 | 23,353 | 51,206 | |
3 |
32,911 | 395,410 | 361,562 | 486,465 | 173,098 | 325,821 | 269,698 | 227,390 | 179,716 | 652,422 | 746,356 | 892,824 | 62,390 | 223,077 | - | - | - | - | - | 13,014 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 223,077 | - | - | - | - | - | 13,014 | |
37 |
32,911 | 395,410 | 361,562 | 486,465 | 173,098 | 325,821 | 269,698 | 227,390 | 179,716 | 652,422 | 746,356 | 892,824 | 62,390 | - | - | - | - | - | - | - | |
40/41 |
285,129 | 454,845 | 385,974 | 491,922 | 295,115 | 339,299 | 372,946 | 248,447 | 253,615 | 167,989 | 480,849 | 29,545 | 53,387 | 21,842 | 2,550 | 14,608 | 4,068 | 6,602 | 23,328 | 17,143 | |
40 |
- | - | - | 211,165 | 250,521 | 214,190 | 234,707 | 90,186 | 9,840 | 20,012 | 7,696 | 26,995 | 37,436 | 19,292 | - | 12,058 | 299 | 2,197 | - | 16,631 | |
41 |
285,129 | 454,845 | 385,974 | 280,757 | 44,593 | 125,109 | 138,239 | 158,261 | 243,775 | 147,977 | 473,153 | 2,550 | 15,951 | 2,550 | 2,550 | 2,550 | 3,769 | 4,405 | 23,328 | 512 | |
54/58 |
4,017 | 1,074 | 884 | 2,413 | 2,941 | 5,590 | 17,112 | 7,559 | 5,277 | 164,577 | 81,316 | 89,463 | 2,297 | - | 80 | 1,490 | 7,743 | 422 | 25 | 34 | |
490/1 |
2,040 | 1,921 | - | 142,077 | 3,054 | 864 | 859 | 1,389 | 73,142 | 4,422 | 1,508 | - | 1,434 | 1,224 | 509 | 382 | 465 | 690 | - | 21,015 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
548,746 | 1.1m | 1.0m | 1.4m | 980,089 | 1.2m | 1.2m | 1.1m | 1.1m | 1.3m | 1.3m | 1.0m | 124,310 | 257,937 | 20,098 | 41,739 | 45,013 | 8,931 | 24,462 | 67,677 | |
10/15 |
-184,592 | -2,325 | 59,033 | 227,821 | 377,807 | 402,413 | 445,224 | 334,519 | 440,046 | 425,714 | 306,803 | 15,591 | -205,435 | -230,049 | -220,559 | -204,581 | -205,131 | -173,354 | -153,142 | -137,667 | |
10/11 |
32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | |
10 |
- | - | - | 32,101 | 32,101 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 32,101 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | 84,284 | |
13 |
195,721 | 195,721 | 195,721 | 195,721 | 345,707 | 370,312 | 413,124 | 6,463 | 6,463 | 6,463 | 6,463 | 5,112 | 5,112 | 5,112 | 5,111 | 5,111 | 5,111 | 5,112 | 5,112 | 5,112 | |
130/1 |
3,210 | 3,210 | 3,210 | 3,210 | 3,210 | 3,210 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 3,210 | 3,210 | 3,210 | 3,210 | 3,210 | 3,210 | 3,210 | 3,210 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
3,210 | 3,210 | 3,210 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
192,511 | 192,511 | 192,511 | 192,511 | 342,497 | 367,102 | 409,914 | 3,253 | 3,253 | 3,253 | 3,253 | 3,253 | 3,253 | 3,253 | 3,252 | 3,252 | 3,252 | 3,253 | 3,253 | 3,253 | |
14 |
-412,413 | -230,147 | -168,788 | - | - | - | - | 295,956 | 401,483 | 387,151 | 268,240 | -21,621 | -294,830 | -319,444 | -309,954 | -293,976 | -294,526 | -262,750 | -242,538 | -227,063 | |
17/49 |
733,338 | 1.1m | 941,174 | 1.2m | 602,282 | 795,357 | 762,880 | 721,071 | 666,414 | 882,247 | 1.0m | 999,371 | 329,745 | 487,985 | 240,657 | 246,320 | 250,144 | 182,285 | 177,604 | 205,344 | |
17 |
343,662 | 343,662 | 343,662 | 480,252 | 150,000 | 150,000 | 150,000 | - | - | 1,471 | - | - | - | - | - | - | - | - | 158,518 | 158,518 | |
170/4 |
343,662 | 343,662 | 343,662 | 480,252 | 150,000 | 150,000 | 150,000 | - | - | 1,471 | - | - | - | - | - | - | - | - | 158,518 | 158,518 | |
42/48 |
389,676 | 749,810 | 597,512 | 680,291 | 452,282 | 644,902 | 612,880 | 721,071 | 615,898 | 690,934 | 420,335 | 257,207 | 329,745 | 487,985 | 240,657 | 246,320 | 250,144 | 182,261 | 19,086 | 41,376 | |
42 |
348,444 | 448,444 | 348,843 | 334,318 | 413,801 | 413,801 | 333,968 | 505,676 | 423,489 | 238,439 | 120,000 | 230,493 | - | 170,000 | - | - | - | - | - | - | |
43 |
- | - | - | - | 8,325 | - | - | - | - | - | - | - | - | 1,710 | - | - | - | - | - | - | |
430/8 |
- | - | - | - | 8,325 | - | - | - | - | - | - | - | - | 1,710 | - | - | - | - | - | - | |
44 |
25,700 | 209,018 | 164,594 | 252,494 | - | 19,758 | 14,956 | 99,605 | 8,004 | 15,511 | 5,645 | 15,633 | 34,588 | 7,821 | 11,047 | 10,052 | 19,287 | 15,468 | 17,659 | 27,358 | |
440/4 |
25,700 | 209,018 | 164,594 | 252,494 | - | 19,758 | 14,956 | 99,605 | 8,004 | 15,511 | 5,645 | 15,633 | 34,588 | 7,821 | 11,047 | 10,052 | 19,287 | 15,468 | 17,659 | 27,358 | |
46 |
- | - | - | - | - | - | - | 25,000 | - | - | - | - | - | 12,169 | - | - | - | - | - | 11,458 | |
45 |
15,532 | 17,348 | 9,075 | 18,479 | 15,454 | 17,976 | 21,898 | 20,168 | 59,487 | 140,355 | 124,684 | 1,320 | 154 | 3,065 | 3,362 | 2,781 | 1,606 | 723 | 1,427 | 2,560 | |
450/3 |
15,532 | 17,348 | 9,075 | 18,479 | 15,454 | 17,976 | 21,898 | 20,168 | 59,487 | 140,355 | 124,684 | 1,320 | 154 | 3,065 | 3,362 | 2,781 | 1,606 | 723 | 607 | 245 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 820 | 2,315 | |
47/48 |
- | 75,000 | 75,000 | 75,000 | 14,702 | 193,367 | 242,058 | 70,622 | 124,918 | 296,629 | 170,006 | 9,761 | 295,003 | 293,220 | 226,248 | 233,487 | 229,251 | 166,070 | - | - | |
492/3 |
- | - | - | - | - | 455 | - | - | 50,516 | 189,841 | 595,706 | 742,164 | - | - | - | - | - | 24 | - | 5,450 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | 7,474 | - | - | - | - | - | - | - | - | 413 | - | - | - | |
9900 |
-185,125 | 2,252 | -47,986 | -104,058 | 30,576 | 592 | 141,670 | -61,084 | 106,417 | 224,119 | 383,596 | -8,215 | 46,130 | 15,291 | -5,578 | 11,248 | -18,841 | -8,828 | -11,270 | 16,259 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,240 | |
630 |
13,508 | 13,889 | 14,320 | 14,076 | 21,873 | 22,855 | 23,318 | 23,903 | 30,111 | 6,638 | 5,261 | 1,671 | 9,899 | 9,168 | 8,300 | 8,492 | 8,305 | 340 | 251 | 289 | |
640/8 |
3,631 | 2,740 | 8,940 | 16,636 | 18,313 | 5,750 | 4,469 | 5,491 | 7,675 | 9,377 | 3,838 | 751 | 1,755 | 2,229 | 1,894 | 2,072 | 5,010 | 3,204 | 3,180 | 3,065 | |
66A |
- | - | - | - | - | - | - | - | 2,647 | - | - | - | - | 11,956 | - | - | - | - | - | - | |
9901 |
-202,263 | -14,378 | -71,246 | -134,769 | -9,610 | -28,014 | 113,883 | -90,478 | 65,985 | 208,104 | 374,496 | -10,636 | 34,477 | 3,894 | -15,772 | 684 | -32,156 | -12,372 | -14,701 | -8,335 | |
75/76B |
44,351 | - | - | 10 | 18 | - | 10,985 | - | 697 | 825 | 13,603 | 8,351 | - | - | - | 7 | 123 | 199 | - | - | |
75 |
44,351 | - | - | 10 | 18 | - | 10,985 | - | 697 | 825 | 13,603 | 8,351 | - | - | - | 7 | 123 | 199 | - | - | |
65/66B |
23,424 | 33,366 | 58,594 | 14,060 | 13,950 | 14,798 | 11,012 | 14,423 | 44,002 | 22,895 | 56,049 | 26,686 | 9,863 | 1,428 | 206 | 141 | 156 | 8,038 | 774 | 1,130 | |
65 |
23,424 | 33,366 | 58,594 | 14,060 | 13,950 | 14,798 | 11,012 | 14,423 | 44,002 | 22,895 | 56,049 | 26,686 | 9,863 | 1,428 | 206 | 141 | 156 | 8,038 | 774 | 1,130 | |
9903 |
-181,336 | -47,744 | -129,841 | -148,819 | -23,542 | -42,811 | 113,856 | -104,902 | 22,680 | 186,033 | 332,050 | -28,972 | 24,614 | -9,491 | -15,978 | 550 | -31,776 | -20,212 | -15,475 | -9,465 | |
67/77 |
931 | 13,614 | 38,948 | 1,167 | 1,064 | - | 3,151 | 625 | 8,348 | 67,122 | 40,839 | 3 | - | - | - | - | - | - | - | - | |
9904 |
-182,267 | -61,358 | -168,788 | -149,986 | -24,606 | -42,811 | 110,705 | -105,527 | 14,332 | 118,911 | 291,212 | -28,974 | 24,614 | -9,491 | -15,978 | 550 | -31,776 | -20,212 | -15,475 | -9,465 | |
9905 |
-182,267 | -61,358 | -168,788 | -149,986 | -24,606 | -42,811 | 110,705 | -105,527 | 14,332 | 118,911 | 291,212 | -28,974 | 24,614 | -9,491 | -15,978 | 550 | -31,776 | -20,212 | -15,475 | -9,465 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-412,413 | -230,147 | -168,788 | -149,986 | -24,606 | -42,811 | 406,661 | 295,956 | 401,483 | 387,151 | 269,591 | -323,805 | -294,830 | -319,444 | -309,954 | -293,976 | -294,526 | -262,750 | -242,538 | -227,063 | |
14P |
-230,147 | -168,788 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 149,986 | 24,606 | 42,811 | - | - | - | - | - | 302,183 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 406,661 | - | - | - | 1,351 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,351 | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | 406,661 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 760 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 21-09-2026.
2025 annual accounts filed 52 days after the deadline. Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00518923.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-09-2026 | 2026-00518923 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00385832 | |
| 31-12-2023 | micro format | 04-10-2024 | 2024-00506099 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00239705 | |
| 31-12-2021 | micro format | 25-10-2022 | 2022-20473591 | |
| 31-12-2020 | micro format | 24-10-2021 | 2021-72900013 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-32900276 | |
| 31-12-2018 | micro format | 26-07-2019 | 2019-38500452 | |
| 31-12-2017 | abbreviated format | 23-08-2018 | 2018-49300417 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-58200130 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57900398 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54500527 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-53400535 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-56800059 | |
| 31-12-2011 | abbreviated format | 14-08-2012 | 2012-41000078 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-50800058 | |
| 31-12-2009 | abbreviated format | 27-08-2010 | 2010-46800564 | |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-68800093 | |
| 31-12-2007 | abbreviated format | 02-02-2009 | 2009-03300372 | |
| 31-12-2006 | abbreviated format | 29-11-2007 | 2007-81100258 | |
| 31-12-2005 | abbreviated format | 19-04-2007 | 2007-11900330 | |
| 31-12-2004 | abbreviated format | 20-06-2005 | 2005-29200322 | |
| 31-12-2003 | abbreviated format | 15-06-2004 | 2004-25101462 | |
| 31-12-2002 | abbreviated format | 16-06-2003 | 2003-24400593 | |
| 31-12-2001 | abbreviated format | 05-07-2002 | 2002-34700700 | |
| 31-12-2000 | abbreviated format | 07-12-2001 | 2001-74503735 | |
| 31-12-1999 | abbreviated format | 13-03-2001 | 2001-06401208 | |
| 31-12-1998 | abbreviated format | 25-11-1999 | 1999-60403016 | |
| 31-07-1997 | abbreviated format | 05-12-1997 | 1997-55704326 | |
| 31-07-1996 | abbreviated format | 25-03-1997 | 1997-04200620 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -188,756 | -488 | -56,926 | -120,693 | 12,264 | -5,158 | 137,201 | -66,575 | 96,096 | 214,742 | 379,758 | -8,966 | 44,375 | 13,062 | -7,472 | 9,176 | -23,851 | -12,032 | -14,450 | -8,046 | ||
| -168,759 | -47,469 | -154,468 | -135,910 | -2,732 | -19,956 | 134,023 | -81,624 | 44,443 | 125,549 | 296,473 | -27,303 | 34,513 | -322 | -7,678 | 9,042 | -23,471 | -19,871 | -15,224 | -9,176 | ||
| 259 | 0 | 620 | 1,764 | 1,559 | 1,563 | 0 | 0 | 306,271 | 312,372 | 14,947 | 0 | 2,907 | 4,003 | 0 | 1,014 | 39,826 | 448 | 1,360 | - | ||
| 2,943 | 189 | -1,529 | -528 | -2,649 | -11,523 | 9,554 | 2,282 | -159,301 | 83,261 | -8,147 | 87,166 | - | - | -1,410 | -6,253 | 7,321 | 397 | -9 | - | ||
| -65,578 | 103,439 | 150,908 | 442,586 | 21,927 | 26,673 | 47,736 | -236,288 | -104,148 | 298,477 | 889,693 | 754,624 | -210,236 | -241,842 | -237,518 | -229,840 | -237,868 | -174,546 | 4,267 | 9,830 | ||
| -33.6% | -0.2% | 5.9% | 16.4% | 38.5% | 33.6% | 36.9% | 31.7% | 39.8% | 32.5% | 23.2% | 1.5% | -165.3% | -89.2% | - | -490.1% | -455.7% | - | -626.0% | -203.4% | ||
| 0.83 | 1.14 | 1.25 | 1.65 | 1.05 | 1.04 | 1.08 | 0.67 | 0.83 | 1.43 | 3.12 | 3.93 | 0.36 | 0.50 | 0.01 | 0.07 | 0.05 | 0.04 | 1.22 | 1.24 | ||
| 0.75 | 0.61 | 0.65 | 0.94 | 0.67 | 0.54 | 0.64 | 0.36 | 0.54 | 0.49 | 1.34 | 0.46 | 0.17 | 0.05 | 0.01 | 0.07 | 0.05 | 0.04 | 1.22 | 0.92 | ||
| - | - | 15.94 | 5.09 | 1.59 | 1.98 | 1.71 | 2.16 | 1.51 | 2.07 | 3.31 | 64.10 | - | - | - | - | - | - | - | - | ||
| - | - | -285.9% | -65.8% | -6.5% | -10.6% | 24.9% | -31.5% | 3.3% | 27.9% | 94.9% | -185.8% | - | - | - | - | - | - | - | - | ||
| -33.2% | -5.6% | -16.9% | -10.8% | -2.5% | -3.6% | 9.2% | -10.0% | 1.3% | 9.1% | 22.0% | -2.9% | 19.8% | -3.7% | -79.5% | 1.3% | -70.6% | -226.3% | -63.3% | -14.0% | ||
| -8.06 | -0.01 | -0.97 | -8.58 | 0.88 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €259 | - | €620 | €1,764 | €1,559 |
| €13,508 | €13,889 | €14,320 | €14,076 | €21,873 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €202,263, larger than the loss of €14,378 in 2024. It is the lowest result since 2006.
Equity is negative. Debt (€733,338) exceeds the balance-sheet total (€548,746).
NINiVE CONSTRUCT has no parent and no holdings in its annual accounts. NINiVE CONSTRUCT shares no director with another company.
| NDL
registered office since 26-04-2011 · founded in 2011 · negative equity (2025) |
total assets €752,734 (2025) 0835.775.358 |
| Van Den Noortgate, Ludwig (sole trader)
establishment since 03-12-1998 |
founded in 1998 0735.296.721 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Aalstersesteenweg 271 registered office 9400 Ninove 0910002 Mining support service activities | 24-01-1995 | 2.069.960.204 |
| 19-10-2026 | Granted | Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen submitted 31-08-2026 · project 2026095067 | Ninove |
| 10-11-2022 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies submitted 06-09-2022 · project 2022111164 | Ninove |
| 19-07-2021 | Granted | Bouwen of herbouwen submitted 07-04-2021 · project 2021054208 | Brakel |
| 18-11-2019 | Granted | Bouwen of herbouwen submitted 16-08-2019 · project 2019102801 | Ninove |
| 20-08-2019 | Discontinued | Bouwen of herbouwen submitted 15-08-2019 · project 2019102687 | Ninove |
| 18-09-2018 | Refused | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 31-05-2018 · project 2018065253 | Ninove |
| 14-08-2018 | Granted | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 18-05-2018 · project 2018060477 | Ninove |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41048A0228/00H002 | 1,634 m² | 1 · 262 m² | 8.0 m · 2 |
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. Use the enterprise number 0454.186.464
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