Filings
2025 accounts not filed: deadline was 31-07-2026.
2025 accounts not filed: deadline was 31-07-2026.
Board changed. Latest change 16-10-2026 · 2 in office.
Lower net result than 85% of companies in construction of buildings. Sector median €7,923 · 9,826 companies.
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 62% of them on solvency, 43% on liquidity, 5% on profitability and 15% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,591 companies had the same profile as OVE CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of OVE CONSTRUCT itself is higher: 14.5% within 12 months. It rests on far more data about OVE CONSTRUCT than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,591 companies, not a prediction for OVE 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.
Liquidity is ample, with a current ratio of 2.17 (3.37 in 2023), above the usual 1.5. Short-term debt is 46.2% and cash 13.6% of total assets. 46.2% of the assets are financed with debt and provisions.
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.
The company filed its last 5 accounts on average 47 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| OVE CONSTRUCT Saint-Josse-ten-Noode | €32,630 | -€375 | 53.8% | - |
| NJ STEEL Anderlecht | €34,955 | -€29,014 | 0.0% | - |
| DAXEL GROUP Anderlecht | €37,843 | -€4,085 | 24.1% | - |
| GRISAL CLEAN Brussels | €31,410 | -€3,041 | 95.7% | - |
| SAZI CONSTRUCTION Brussels | €27,884 | -€27,415 | 75.1% | - |
| RENOV TT Uccle | €39,365 | -€15,429 | 67.6% | - |
| Walroofing Evere | €35,750 | -€15,615 | 87.8% | - |
These companies have the same main activity as OVE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €27,900 and €39,400, founded between 2018 and 2020.
OVE CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €68,707 in 2020 to -€375 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 7 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 62% of 9,836 companies in 2024.
Higher than 62% of 9,556 companies in 2024.
Higher than 8% of 9,649 companies in 2024.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
32,630 | 53,314 | 43,811 | 59,738 | 78,216 | |
21/28 |
- | 7,734 | 18,267 | 28,153 | 58,038 | |
22/27 |
- | 7,734 | 18,267 | 28,153 | 58,038 | |
24 |
- | - | 2,800 | 4,952 | 27,104 | |
25 |
- | 7,734 | 15,467 | 23,201 | - | |
29/58 |
32,630 | 45,580 | 25,544 | 31,585 | 20,178 | |
40/41 |
26,945 | 40,640 | 21,625 | 22,567 | 18,660 | |
40 |
19,085 | 7,693 | 15,761 | 22,567 | 18,660 | |
41 |
7,860 | 32,946 | 5,864 | - | - | |
54/58 |
4,443 | 4,848 | 2,602 | 8,823 | 1,518 | |
490/1 |
1,243 | 92 | 1,317 | 195 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
32,630 | 53,314 | 43,811 | 59,738 | 78,216 | |
10/15 |
17,568 | 26,059 | 12,685 | 14,910 | 7,901 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | 18,600 | |
101 |
- | - | - | - | 12,400 | |
13 |
1,701 | 1,701 | 1,701 | 1,701 | 1,701 | |
130/1 |
1,701 | 1,701 | 1,701 | 1,701 | 1,701 | |
130 |
- | - | - | - | 1,701 | |
1319 |
1,701 | 1,701 | 1,701 | 1,701 | - | |
14 |
9,667 | 18,158 | 4,784 | 7,009 | - | |
17/49 |
15,062 | 27,254 | 31,126 | 44,828 | 70,315 | |
17 |
- | 13,734 | 18,759 | 23,718 | 32,250 | |
170/4 |
- | 13,734 | 18,759 | 23,718 | 32,250 | |
42/48 |
15,062 | 13,521 | 12,367 | 21,110 | 38,065 | |
42 |
3,352 | 5,101 | 4,960 | 7,894 | 13,340 | |
44 |
125 | - | 3,325 | 1,626 | 1,328 | |
440/4 |
125 | - | 3,325 | 1,626 | 1,328 | |
45 |
11,585 | 8,420 | 4,082 | 6,895 | 9,697 | |
450/3 |
11,585 | 8,420 | 4,082 | 6,895 | 3,401 | |
454/9 |
- | - | - | - | 6,296 | |
47/48 |
- | - | - | 4,695 | 13,700 | |
| Income statement | ||||||
9900 |
-375 | 37,408 | 14,798 | 28,858 | 68,707 | |
60/61 |
- | - | - | 78,274 | - | |
62 |
- | - | - | -4,535 | 46,054 | |
630 |
- | 7,734 | 9,886 | 9,885 | 14,886 | |
640/8 |
1,255 | 1,621 | 4,307 | 5,696 | 4,493 | |
66A |
- | 2,300 | - | 10,000 | - | |
9901 |
-1,630 | 25,754 | 605 | 7,812 | 3,274 | |
75/76B |
0 | - | - | - | 188 | |
75 |
0 | - | - | - | - | |
76B |
- | - | - | - | 188 | |
65/66B |
6,861 | 613 | 501 | 803 | 1,761 | |
65 |
6,861 | 613 | 501 | 803 | 1,761 | |
9903 |
-8,491 | 25,141 | 104 | 7,009 | 1,701 | |
67/77 |
- | 11,767 | 2,329 | - | - | |
9904 |
-8,491 | 13,374 | -2,225 | 7,009 | 1,701 | |
9905 |
-8,491 | 13,374 | -2,225 | 7,009 | 1,701 | |
| Appropriation of the result | ||||||
9906 |
9,667 | 18,158 | 4,784 | 7,009 | 1,701 | |
14P |
18,158 | 4,784 | 7,009 | - | - | |
691/2 |
- | - | - | - | 1,701 | |
6920 |
- | - | - | - | 1,701 | |
| Document | ||||||
The notes to these accounts have 5 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 2024 (PDF), filed on 03-10-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 03-10-2025 | 2025-00528312 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00446079 | |
| 31-12-2022 | micro format | 11-08-2023 | 2023-00331417 | |
| 31-12-2021 | micro format | 07-11-2022 | 2022-20521718 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-64000112 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| - | 33,487 | 10,491 | 17,697 | 18,160 | ||
| - | 21,108 | 7,661 | 16,894 | 16,587 | ||
| - | -2,800 | 0 | -20,000 | 72,924 | ||
| -406 | 2,246 | -6,221 | 7,305 | - | ||
| 17,568 | 32,059 | 13,177 | 10,475 | -17,887 | ||
| 53.8% | 48.9% | 29.0% | 25.0% | 10.1% | ||
| 2.17 | 3.37 | 2.07 | 1.50 | 0.53 | ||
| 0.86 | 1.05 | 2.45 | 3.01 | 8.90 | ||
| -48.3% | 51.3% | -17.5% | 47.0% | 21.5% | ||
| -26.0% | 25.1% | -5.1% | 11.7% | 2.2% | ||
| - | 54.66 | 20.94 | 22.04 | - | ||
| - | - | - | 8 days | - |
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.
The operating result for 2024 is a loss of €1,630, after a profit of €25,754 in 2023. It is the lowest result since 2020.
Debt's share of the balance-sheet total falls from 51.1% to 46.2%. Equity and debt are lower.
OVE CONSTRUCT has no parent and no holdings in its annual accounts.
| GO TRADING COMPANY via Gunana Ozturk, no longer at GO TRADING COMPANY · Director · deed of 13-02-2026 |
founded in 2026 |
| TARGET GROUP via Gunana Ozturk, no longer at TARGET GROUP · Director · deed of 13-02-2026 |
founded in 2026 |
The network starts from the earlier ties.
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 |
|---|---|---|
| Pacificatiestraat 35 registered office 1210 Saint-Josse-ten-Noode | ||
| Fernand Tavernestraat 15 9400 Ninove | 01-08-2019 | 2.316.447.496 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41362B0166/00G003 | Flanders | 865 m² | 1 · 209 m² | 12.4 m · 3 |
| 21572B0245/00A002 | Brussels | 91 m² | 1 · 39 m² | 15.2 m · 4 |
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 0726.854.652
If something looks wrong or is missing, please tell us.