Equity
NK Construct has made a profit in every financial year since 2021.
NK Construct has made a profit in every financial year since 2021.
The accounts state no turnover.
Of this, €192,509 falls due within a year.
Mortgage mandates, new in 2025. 1.6 times equity · not in the 2024 accounts.
In 2025, 2 people joined and 2 left.
The last five annual accounts were filed 38 to 57 days before the end of the period.
In July 2024, 6,712 companies had the same profile as NK Construct has now. Each dot stands for 17 companies, two years later.
Another 0.1% 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 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.
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 | ||||
|---|---|---|---|---|
| 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.
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.
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.
Higher than 41% of 2,642 companies in 2025.
Higher than 28% of 2,595 companies in 2025.
Higher than 64% of 2,622 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 2 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
673,902 | 638,509 | 644,367 | 238,185 | 216,272 | |
21/28 |
459,150 | 494,693 | 527,305 | 153,869 | 139,626 | |
22/27 |
458,650 | 494,193 | 526,805 | 153,369 | 138,276 | |
22 |
354,311 | 362,478 | 370,646 | - | - | |
23 |
74,536 | 84,037 | 98,288 | 71,809 | 87,373 | |
24 |
12,349 | 20,963 | 21,897 | 36,325 | 50,903 | |
25 |
17,454 | 26,714 | 35,974 | 45,234 | - | |
28 |
500 | 500 | 500 | 500 | 1,350 | |
29/58 |
214,751 | 143,815 | 117,062 | 84,316 | 76,647 | |
3 |
27,448 | 17,700 | 49,473 | 20,375 | 15,470 | |
30/36 |
27,448 | 17,700 | 49,473 | 20,375 | 15,470 | |
40/41 |
134,921 | 51,337 | 17,950 | 50,386 | 42,985 | |
40 |
110,880 | 37,068 | 12,042 | 40,022 | 42,985 | |
41 |
24,041 | 14,269 | 5,909 | 10,364 | - | |
54/58 |
52,382 | 74,638 | 49,639 | 13,097 | 17,765 | |
490/1 |
- | 140 | - | 458 | 427 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
673,902 | 638,509 | 644,367 | 238,185 | 216,272 | |
10/15 |
194,417 | 150,108 | 109,958 | 90,645 | 58,796 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
174,417 | 130,108 | 89,958 | 70,645 | 38,796 | |
133 |
174,417 | 130,108 | 89,958 | 70,645 | 38,796 | |
17/49 |
479,485 | 488,401 | 534,409 | 147,540 | 157,476 | |
17 |
286,975 | 320,275 | 364,079 | 79,181 | 64,460 | |
170/4 |
286,975 | 320,275 | 364,079 | 79,181 | 64,460 | |
42/48 |
192,509 | 168,126 | 168,610 | 68,240 | 91,345 | |
42 |
34,971 | 46,873 | 45,102 | 28,055 | 18,455 | |
44 |
133,649 | 71,987 | 91,377 | 9,235 | 31,735 | |
440/4 |
133,649 | 71,987 | 91,377 | 9,235 | 31,735 | |
46 |
5,000 | 12,000 | - | - | - | |
45 |
11,787 | 4,622 | 32,131 | 16,384 | 21,496 | |
450/3 |
4,198 | 2,460 | 27,184 | 16,359 | 21,496 | |
454/9 |
7,588 | 2,162 | 4,947 | 25 | - | |
47/48 |
7,103 | 32,644 | - | 14,567 | 19,660 | |
492/3 |
- | - | 1,719 | 118 | 1,671 | |
| Income statement | ||||||
9900 |
202,122 | 248,311 | 223,804 | 187,677 | 154,811 | |
62 |
70,125 | 47,064 | 100,226 | 112,406 | 92,960 | |
630 |
59,601 | 61,108 | 94,832 | 38,648 | 11,903 | |
640/8 |
3,154 | 2,578 | 2,630 | 1,984 | 2,558 | |
66A |
278 | 4,622 | - | - | - | |
9901 |
68,964 | 132,941 | 26,115 | 34,640 | 47,389 | |
75/76B |
6,213 | 4,549 | 3,378 | 5,739 | 2,572 | |
75 |
6,213 | 4,549 | 3,378 | 5,739 | 2,572 | |
65/66B |
14,162 | 15,259 | 3,826 | 2,105 | 1,403 | |
65 |
14,162 | 15,259 | 3,826 | 2,105 | 1,403 | |
9903 |
61,015 | 122,231 | 25,667 | 38,274 | 48,557 | |
67/77 |
16,706 | 32,081 | 6,354 | 6,425 | 9,762 | |
9904 |
44,309 | 90,150 | 19,313 | 31,849 | 38,796 | |
9905 |
44,309 | 90,150 | 19,313 | 31,849 | 38,796 | |
| Appropriation of the result | ||||||
9906 |
44,309 | 90,150 | 19,313 | 31,849 | 38,796 | |
791/2 |
- | 50,000 | - | - | - | |
691/2 |
44,309 | 90,150 | 19,313 | 31,849 | 38,796 | |
6921 |
44,309 | 90,150 | 19,313 | 31,849 | 38,796 | |
694/7 |
- | 50,000 | - | - | - | |
694 |
- | 50,000 | - | - | - | |
| Social balance sheet | ||||||
9087 |
1.7 | 0.9 | 1.7 | - | 1.9 | |
Hours worked1013 |
1,904 | 1,443 | 2,714 | - | 3,070 | |
| Document | ||||||
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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 04-06-2026 | 2026-00136290 | |
| 31-12-2024 | abbreviated format | 14-06-2025 | 2025-00139112 | |
| 31-12-2023 | abbreviated format | 06-06-2024 | 2024-00112579 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00113058 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20083532 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €2,847 | €5,694 |
| 2023 | 1 | €7,338 | €4,491 |
| 2022 | 1 | €2,847 | €2,847 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 128,565 | 194,048 | 120,947 | 73,288 | 59,292 | ||
| 103,911 | 151,258 | 114,146 | 70,497 | 50,699 | ||
| 24,336 | 34,517 | 468,269 | 53,741 | 151,529 | ||
| -22,257 | 24,999 | 36,542 | -4,668 | - | ||
| 22,242 | -24,311 | -51,548 | 16,076 | -14,699 | ||
| 28.8% | 23.5% | 17.1% | 38.1% | 27.2% | ||
| 1.12 | 0.86 | 0.69 | 1.24 | 0.84 | ||
| 0.97 | 0.75 | 0.40 | 0.94 | 0.67 | ||
| 2.47 | 3.25 | 4.86 | 1.63 | 2.68 | ||
| 22.8% | 60.1% | 17.6% | 35.1% | 66.0% | ||
| 6.6% | 14.1% | 3.0% | 13.4% | 17.9% | ||
| 9.08 | 12.72 | 31.62 | 34.81 | 42.25 |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 |
| full-time | 1 | 1 | 1 | 2 |
| part-time | 1 | 1 | 1 | - |
| in full-time equivalents | 1.4 | 1.4 | 1.4 | 2 |
| 1.7 | 0.9 | 1.7 | 1.9 | |
| On a permanent contract | 2 | 1 | 2 | 2 |
| Joined | 2 | 3 | 1 | 3 |
| Left | 2 | 3 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
NK Construct has no parent and no holdings in its annual accounts. is the only director. NK Construct shares no director with another company.
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 |
|---|---|---|
| Nieuwe dreef 102 registered office 2340 Beerse | 18-03-2021 | 2.314.613.307 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13004E0001/00M077 | 1,242 m² | 1 · 156 m² | 10.3 m · 1 |
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
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