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NK Construct

Active Private limited companyfounded 2021active for 5 yearsNieuwe dreef 102, 2340 BeerseKBO/BCE: BE 0765.332.671

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €248,311 (2024)
€202,122▼ 18.6%
peak €90,150 (2024)
€44,309▼ 50.8%
peak €194,417 (2025)
€194,417▲ 29.5%
€479,485▼ 1.8%
peak 1.7 FTE (2023)
1.7 FTE▲ 88.9%
Board1 name since 2023
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025abbreviated format
Gross margin from €248,311 to €202,122Result from €90,150 to €44,309Staff from 0.9 FTE to 1.7 FTEEquity from €150,108 to €194,417

Key points

from the 2025 annual accounts

Equity

€194,417 ▲ 29.5%

NK Construct has made a profit in every financial year since 2021.

Turnover

≈ €710,000 estimated

The accounts state no turnover.

Debts

€479,485 71% of the balance sheet
Financial debts 60%Suppliers 28%Taxes and wages 2%Other 10%

Of this, €192,509 falls due within a year.

Securities

€305,000

Mortgage mandates, new in 2025. 1.6 times equity · not in the 2024 accounts.

Staff

2 employees on 31-12-2025
312021112023332024222025

In 2025, 2 people joined and 2 left.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 38 to 57 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,712 companies had the same profile as NK Construct has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,712 companies, not a prediction for NK 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.

Credit verdict

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0765332671
Incorporation published on 22-03-2021 · Gazette deed
First establishment Nieuwe dreef 102, Beerse
All 12 events

Comparable companies

same main activity, similar in size and age
Company
NK Construct Beerse €673,902 €202,122 28.8% 1.7
CMB BAUUNTERNEHMEN Saint-Vith €658,959 €226,565 89.8% 1.8
Domix Oostkamp €621,168 €235,077 70.6% 2
SUBCO BELGIUM Antwerp €648,604 €142,230 52.8% 0.8
ECOBEL CONSTRUCT Zaventem €694,202 €215,136 16.1% 2
CATGA Bruges €612,936 €238,048 16.5% 1
M.J.A. CONSTRUCT Sint-Pieters-Leeuw €693,871 €133,215 71.4% 2

These companies have the same main activity as NK Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €613,000 and €694,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 18-03-2021Normal situation
Activity
General construction of residential buildingsNACE 41001and 4 others
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.314.613.3072340 Beerse, since 18-03-2021
Financial year end
31 December
Peppol
Reachable since 26-07-2024
Company details

Annual accounts 2025

€202,122▼ 18.6%
€44,309▼ 50.8%
€194,417▲ 29.5%
€673,902▲ 5.5%
Employeeson 31-12-2025
2=
Filing
Filed on 04-06-2026, 57 days before the end of the filing period
Financials

Insights on NK Construct

NK Construct files the abbreviated format. That format states no turnover. The gross margin rose from €154,811 in 2021 to €202,122 in 2025.

The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 04-06-2026, 57 days before the deadline
€202,122
▼ 18.6%
€68,964
▼ 48.1%
€44,309
▼ 50.8%
€22,242
▲ €46,553
28.8%
▲ 5.3 percentage points
1.12
▲ 0.26

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €710,000. Estimated: probably between €490,000 and €1.1m.

Balance sheet

balance sheet total €673,902 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

28.8%

Higher than 41% of 2,642 companies in 2025.

1.12

Higher than 28% of 2,595 companies in 2025.

6.6%

Higher than 64% of 2,622 companies in 2025.

NK Construct Middle half of the sector 80% of the sector Abbreviated accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€41,250

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 2 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 673,902638,509644,367238,185216,272
21/28 459,150494,693527,305153,869139,626
22/27 458,650494,193526,805153,369138,276
22 354,311362,478370,646--
23 74,53684,03798,28871,80987,373
24 12,34920,96321,89736,32550,903
25 17,45426,71435,97445,234-
28 5005005005001,350
29/58 214,751143,815117,06284,31676,647
3 27,44817,70049,47320,37515,470
30/36 27,44817,70049,47320,37515,470
40/41 134,92151,33717,95050,38642,985
40 110,88037,06812,04240,02242,985
41 24,04114,2695,90910,364-
54/58 52,38274,63849,63913,09717,765
490/1 -140-458427
Balance sheet: equity and liabilities
10/49 673,902638,509644,367238,185216,272
10/15 194,417150,108109,95890,64558,796
10/11 20,00020,00020,00020,00020,000
13 174,417130,10889,95870,64538,796
133 174,417130,10889,95870,64538,796
17/49 479,485488,401534,409147,540157,476
17 286,975320,275364,07979,18164,460
170/4 286,975320,275364,07979,18164,460
42/48 192,509168,126168,61068,24091,345
42 34,97146,87345,10228,05518,455
44 133,64971,98791,3779,23531,735
440/4 133,64971,98791,3779,23531,735
46 5,00012,000---
45 11,7874,62232,13116,38421,496
450/3 4,1982,46027,18416,35921,496
454/9 7,5882,1624,94725-
47/48 7,10332,644-14,56719,660
492/3 --1,7191181,671
Income statement
9900 202,122248,311223,804187,677154,811
62 70,12547,064100,226112,40692,960
630 59,60161,10894,83238,64811,903
640/8 3,1542,5782,6301,9842,558
66A 2784,622---
9901 68,964132,94126,11534,64047,389
75/76B 6,2134,5493,3785,7392,572
75 6,2134,5493,3785,7392,572
65/66B 14,16215,2593,8262,1051,403
65 14,16215,2593,8262,1051,403
9903 61,015122,23125,66738,27448,557
67/77 16,70632,0816,3546,4259,762
9904 44,30990,15019,31331,84938,796
9905 44,30990,15019,31331,84938,796
Appropriation of the result
9906 44,30990,15019,31331,84938,796
791/2 -50,000---
691/2 44,30990,15019,31331,84938,796
6921 44,30990,15019,31331,84938,796
694/7 -50,000---
694 -50,000---
Social balance sheet
9087 1.70.91.7-1.9
Hours worked1013 1,9041,4432,714-3,070
Document PDFPDFPDFPDFPDF

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 04-06-2026 2026-00136290 PDF
31-12-2024 abbreviated format 14-06-2025 2025-00139112 PDF
31-12-2023 abbreviated format 06-06-2024 2024-00112579 PDF
31-12-2022 micro format 08-06-2023 2023-00113058 PDF
31-12-2021 micro format 23-06-2022 2022-20083532 PDF

Subsidies and aid

Flemish government 2022 to 2024, 3 entries, €13,032 awarded, €13,032 paid

Year Entries AwardedPaid
2024 1 €2,847€5,694
2023 1 €7,338€4,491
2022 1 €2,847€2,847

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
128,565194,048120,94773,28859,292
103,911151,258114,14670,49750,699
24,33634,517468,26953,741151,529
-22,25724,99936,542-4,668-
22,242-24,311-51,54816,076-14,699
28.8%23.5%17.1%38.1%27.2%
1.120.860.691.240.84
0.970.750.400.940.67
2.473.254.861.632.68
22.8%60.1%17.6%35.1%66.0%
6.6%14.1%3.0%13.4%17.9%
9.0812.7231.6234.8142.25

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2021
Employees at the balance-sheet date2222
full-time1112
part-time111-
in full-time equivalents1.41.41.42
1.70.91.71.9
On a permanent contract2122
Joined2313
Left2311

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€25,000-€25,000--
€305,000-€305,000--
Carrying value of the mortgaged assets€354,311-€370,646--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€24,336€34,517€468,269€53,741€150,179
Financial fixed assets----€1,350
€59,601€61,108€94,832€38,648€11,903

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on NK Construct

The operating result for 2025 is 48% lower than in 2024.

Debt's share of the balance-sheet total falls from 76.5% to 71.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Director
listed in the 2025 annual accounts, filed on 04-06-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2023

See the board, name and registered office on a given date →

Control

Capital

Contribution
€20,000
Source
2025 annual accounts

Network & group

No group

NK Construct has no parent and no holdings in its annual accounts. is the only director. NK Construct shares no director with another company.

Timeline

Timeline

12 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 57 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 47 days before the deadline
2024
Highest result from 2021 to 2025 net €90,150 ▲367% The operating result of €132,941 and the net result of €90,150 are both a record.
Equity above €150,000 equity €150,108 ▲36.5% With a profit in every financial year since 2021, equity grows to €150,108.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0765332671
Annual accounts 2023 filed PDFabbreviated format · 55 days before the deadline
2023
Weakest financial year net €19,313 ▼39.4% The net result drops to €19,313, the lowest from 2021 to 2025. It recovers the following year.
Equity above €100,000 equity €109,958 ▲21.3% With a profit in every financial year since 2021, equity grows to €109,958.
Annual accounts 2022 filed PDFmicro format · 53 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 38 days before the deadline
2021
Incorporation PDFpublished on 22-03-2021
First establishment Nieuwe dreef 102, Beerse

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 18 March 2021, NK Construct was incorporated as a private limited company.1 Total assets went from €216,272 in 2021 to €673,902 in 2025 and headcount from 1.9 to 1.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0765.332.671
VAT number
BE 0765.332.671
Peppol ID
0208:0765332671
Legal form
Private limited company
Status
Active, normal situation
Founded
18-03-2021
Financial year
ends on 31 December
Peppol
Reachable since 26-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
NK Construct in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 124 Construction
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
41203 Construction of residential and non-residential buildings
43299 Specialised construction activities
43320 Joinery installation
43999 Specialised construction activities
Social security (RSZ) activities
41201 General construction of buildings main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Nieuwe dreef 102 registered office 2340 Beerse 18-03-2021 2.314.613.307

Buildings and parcels at the address

Ground area
1,242 m²
Buildings
156 m²
Volume, LiDAR
652 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
156 m², 10.3 m 156 m², 10.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
13004E0001/00M0771,242 m² 1 · 156 m² 10.3 m · 1

Recognitions

Dual-learning approval

4 live approvals
Medewerker ruwbouw (vwo)
approved · 2026 to 2031
Medewerker ruwbouw duaal (so)
approved · 2026 to 2031
Metselaar (vwo)
approved · 2026 to 2031
Ruwbouw duaal (so)
approved · 2026 to 2031

Invoicing and payment

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 0765.332.671