PREFER CONSTRUCT has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €353,754. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 18% of 360 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Auditor: BDOAccounts 94 days early2 of 15 deeds read
Why 81raises riskLiquidity: current ratio 0.91, cash €257,725Equity €2.7m (21.9% of total assets)Size: turnover €11.3m, 18.7 FTE, total assets €12.3mlowers riskSector: Manufacture of other non-metallic mineral products (NACE 23)Show the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
81/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 40% of its sector peers (NACE 23, small)
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency47+4
equity 21.9% of total assets
Liquidity18+3
short-term debt 65.7% · cash 2.1%
Profitability69+26
return on assets 2.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.5%Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (234 companies, NACE 23, small)
Last 24 months11-2024: 0.5%12-2024: 0.5%● unchanged vs 11-202401-2025: 0.5%● unchanged vs 12-202402-2025: 0.5%● unchanged vs 01-202503-2025: 0.5%● unchanged vs 02-202504-2025: 0.5%● unchanged vs 03-202505-2025: 0.5%● unchanged vs 04-202506-2025: 0.5%● unchanged vs 05-202507-2025: 0.8%▲ +0.3 percentage points vs 06-202508-2025: 0.8%● unchanged vs 07-202509-2025: 0.8%● unchanged vs 08-202510-2025: 0.8%● unchanged vs 09-202511-2025: 0.8%● unchanged vs 10-202512-2025: 0.8%● unchanged vs 11-202501-2026: 0.8%● unchanged vs 12-202502-2026: 0.8%● unchanged vs 01-202603-2026: 0.8%● unchanged vs 02-202604-2026: 0.8%● unchanged vs 03-2026highest value05-2026: 0.5%▼ -0.3 percentage points vs 04-2026lowest value06-2026: 0.5%● unchanged vs 05-2026lowest value07-2026: 0.5%● unchanged vs 06-2026lowest value08-2026: 0.5%● unchanged vs 07-2026lowest value09-2026: 0.5%● unchanged vs 08-2026lowest value10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.91, compared with 0.85 in 2024, below 1; short-term debt: 65.7% and cash: 2.1% of total assets), and 78.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 23, small): better than 20% on solvency, 10% on liquidity, 45% on profitability and 83% on growth.
The bankruptcy probability was computed on 18-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 60 days before the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (4 of the last 5 filed years within 30 days of that day).
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€12.3m2025Equity€2.7m2025Debt€9.6m2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.7m2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin4.3%2025Return on assets (ROA)2.9%2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency21.9%2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.912025
Average staff in full-time equivalents (FTE).
Staff (FTE)18.72025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 23, Manufacture of other non-metallic mineral products: 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), Staff (FTE).
Every figure with its change against the financial year before
Net result€0.2m-€0.4m▲ 112%-€0.5mbelow the sector's middle half€0.3mwithin the sector's middle half-€0.3mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 38.8%-€0.6mbelow the sector's middle half▼ 225%€0.4mwithin the sector's middle half
Equity€1.5m-€1.9m▲ 27.0%€4.1mwithin the sector's middle half▲ 119%€4.6mwithin the sector's middle half▲ 11.3%€4.4mwithin the sector's middle half▼ 4.0%€2.7mwithin the sector's middle half▼ 39.1%€2.0mwithin the sector's middle half▼ 23.3%€2.7mwithin the sector's middle half▲ 31.9%
Total assets€2.8m-€5.1m▲ 80.6%€11.0mwithin the sector's middle half▲ 115%€10.7mwithin the sector's middle half▼ 2.0%€10.6mwithin the sector's middle half▼ 1.6%€11.0mwithin the sector's middle half▲ 3.7%€11.7mwithin the sector's middle half▲ 6.6%€12.3mwithin the sector's middle half▲ 5.6%
Working capital€1.0m-€0.4m▼ 55.0%€1.7mwithin the sector's middle half▲ 284%€2.4mwithin the sector's middle half▲ 46.1%€2.1mwithin the sector's middle half▼ 13.1%€0.3mwithin the sector's middle half▼ 86.1%-€1.1mbelow the sector's middle half-€0.7mbelow the sector's middle half▲ 38.1%
Solvency52.4%-36.9%▼ 15.6pp37.5%within the sector's middle half▲ 0.6pp42.5%within the sector's middle half▲ 5.1pp41.5%within the sector's middle half▼ 1.0pp24.4%below the sector's middle half▼ 17.2pp17.5%below the sector's middle half▼ 6.8pp21.9%below the sector's middle half▲ 4.4pp
Current ratio1.72-1.20▼ 0.521.56within the sector's middle half▲ 0.361.88within the sector's middle half▲ 0.321.65within the sector's middle half▼ 0.241.05below the sector's middle half▼ 0.600.85below the sector's middle half▼ 0.200.91below the sector's middle half▲ 0.06
Return on assets (ROA)6.7%-7.8%▲ 1.2pp-4.2%below the sector's middle half▼ 12.1pp2.8%within the sector's middle half▲ 7.0pp-2.8%below the sector's middle half▼ 5.6pp-1.6%below the sector's middle half▲ 1.1pp-5.0%below the sector's middle half▼ 3.4pp2.9%within the sector's middle half▲ 7.9pp
Staff (FTE)5.3-5.8▲ 9.4%14.1within the sector's middle half▲ 143%15.9within the sector's middle half▲ 12.8%20.5within the sector's middle half▲ 28.9%19.4within the sector's middle half▼ 5.4%16.6within the sector's middle half▼ 14.4%18.7within the sector's middle half▲ 12.7%
abovewithinbelowthe middle half of NACE 23, Manufacture of other non-metallic mineral products: 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
2025 in colour, 2024 as the grey bar beneath
Assets €12.3m
40.0%
60.0%
Fixed assets€4.9m ▼ 3.1%
Current assets€7.4m ▲ 12.3%
Equity and liabilities €12.3m
21.9%
78.0%
Equity€2.7m ▲ 31.9%
Provisions€15,591 =
Debt€9.6m =
Debt's share of the balance-sheet total falls from 82.3% to 78.0%. Equity is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.4m▲
2024 · €731,689
Cash flow
€1.3m▲
2024 · €494,697
Quick ratio
0.49▼
2024 · 0.50
Debt to equity
3.57▼
2024 · 4.70
ROE
13.1%▲
2024 · -28.6%
Interest coverage
5.41▲
2024 · 3.38
Debt ≤ 1 year
€8.1m▲
2024 · €7.7m
Debt > 1 year
€1.5m▼
2024 · €1.9m
Income taxes
-€54,537▼
2024 · €55,112
Staff costs
€1.3m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
Small
20 years or older
solvency 10 to 30%
a profit under 5% of the balance sheet
1.1%went bankrupt
1.9%stopped otherwise
96.9%still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to 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%
1.0%
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%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 90 lines
Balance sheetCode20242025
Assets
Total assets20/58€11.7m€12.3m▲
Formation expenses20€0€0=
Fixed assets21/28€5.1m€4.9m▼
Intangible fixed assets21€0.02m€0.08m▲
Tangible fixed assets22/27€5.1m€4.8m▼
Land and buildings22€0.09m€0.1m▲
Plant, machinery and equipment23€4.3m€4.7m▲
Furniture and vehicles24€0.001m€0.001m▼
Leasing and similar rights25€0€0=
Assets under construction and advance payments27€0.7m€0.004m▼
Financial fixed assets28€0.005m€0.005m=
Other financial fixed assets284/8€0.005m€0.005m=
Amounts receivable and cash guarantees285/8€0.005m€0.005m=
Current assets29/58€6.6m€7.4m▲
Stocks and contracts in progress3€2.8m€3.5m▲
Stocks30/36€2.8m€3.5m▲
Raw materials and consumables30/31€1.2m€1.3m▲
Finished goods33€1.5m€2.1m▲
Amounts receivable within one year40/41€3.8m€3.7m▼
Trade receivables40€3.7m€3.6m▼
Other amounts receivable41€0.1m€0.1m▼
Current investments50/53€0€0=
Other investments51/53€0€0=
Cash at bank and in hand54/58€0.001m€0.3m▲
Deferred charges and accrued income490/1€0.007m€0.006m▼
Equity and liabilities
Total equity and liabilities10/49€11.7m€12.3m▲
Equity10/15€2.0m€2.7m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m€0.1m=
Issued capital100€0.1m€0.1m=
Reserves13€1.5m€1.5m=
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Tax-exempt reserves132€0.1m-
Distributable reserves133€1.3m€1.5m▲
Profit (loss) carried forward14€0.1m€0.5m▲
Investment grants15€0.3m€0.6m▲
Provisions and deferred taxes16€0.02m€0.02m=
Provisions for liabilities and charges160/5€0.02m€0.02m=
Other liabilities and charges164/5€0.02m€0.02m=
Amounts payable17/49€9.6m€9.6m=
Amounts payable after more than one year17€1.9m€1.5m▼
Financial debts170/4€1.9m€1.5m▼
Credit institutions173€1.9m€1.5m▼
Amounts payable within one year42/48€7.7m€8.1m▲
Current portion of amounts payable after more than one year42€0.5m€0.5m▲
Financial debts43€4.7m€4.7m▼
Other loans439€4.7m€4.7m▼
Trade debts44€1.7m€1.8m▲
Suppliers440/4€1.7m€1.8m▲
Advances received on contracts in progress46€0.03m-
Taxes, remuneration and social security45€0.1m€0.2m▲
Taxes450/3€0.03m€0.03m▲
Remuneration and social security454/9€0.1m€0.2m▲
Other amounts payable47/48€0.6m€0.9m▲
Accrued charges and deferred income492/3€0.02m€0.02m▲
Income statementCode20242025
Operating income70/76A€11.8m€13.3m▲
Turnover70€10.7m€11.3m▲
Change in stocks of work in progress, finished goods and contracts in progress71€0.2m€0.7m▲
Other operating income74€0.8m€1.0m▲
Non-recurring operating income76A€0.03m€0.2m▲
Operating charges60/66A€12.1m€12.8m▲
Goods for resale, raw materials and consumables60€5.4m€5.6m▲
Purchases600/8€5.3m€5.5m▲
Change in stocks: decrease (increase)609€0.05m€0.03m▼
Services and other goods61€4.5m€5.0m▲
Remuneration, social security and pensions62€1.1m€1.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.1m€0.9m▼
Other operating charges640/8€0.04m€0.04m▼
Non-recurring operating charges66A€0.03m€0.001m▼
Operating profit (loss)9901-€0.3m€0.5m▲
Financial income75/76B€0.04m€0.08m▲
Recurring financial income75€0.04m€0.08m▲
Other financial income752/9€0.04m€0.08m▲
Financial charges65/66B€0.2m€0.3m▲
Recurring financial charges65€0.2m€0.3m▲
Debt charges650€0.2m€0.3m▲
Other financial charges652/9€0.004m€0.003m▼
Profit (loss) for the period before taxes9903-€0.5m€0.3m▲
Income taxes67/77€0.06m-€0.05m▼
Taxes670/3€0.06m€231▼
Tax adjustments and reversals of tax provisions77-€0.05m
Profit (loss) for the period9904-€0.6m€0.4m▲
Transfer from tax-exempt reserves789-€0.1m
Profit (loss) for the period to be appropriated9905-€0.6m€0.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.6m▲
Profit (loss) brought forward from the previous period14P€0.7m€0.1m▼
Transfer to equity691/2-€0.1m
To other reserves6921-€0.1m
Social balance sheet
Average headcount (FTE)908716.618.7▲
The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
-
€8.9m
€11.2m
€12.4m
€12.4m
€11.8m
€13.3m
▲ 13.2%
Turnover70
€3.4m
€3.9m
€9.1m
€10.4m
€12.0m
€12.2m
€10.7m
€11.3m
▲ 5.4%
Change in stocks of work in progress, finished goods and contracts in progress71
-
-
-€0.3m
€0.4m
€0.2m
€0.08m
€0.2m
€0.7m
▲ 317%
Own construction capitalised72
-
-
-
-
€0
-
-
-
-
Other operating income74
-
-
€0.01m
€0.1m
€0.1m
€0.09m
€0.8m
€1.0m
▲ 23.9%
Non-recurring operating income76A
-
-
€0.1m
€0.2m
€0.06m
€0.04m
€0.03m
€0.2m
▲ 751%
Operating charges60/66A
-
-
€9.3m
€10.8m
€12.7m
€12.5m
€12.1m
€12.8m
▲ 5.9%
Goods for resale, raw materials and consumables60
-
-
€4.5m
€5.1m
€6.2m
€6.0m
€5.4m
€5.6m
▲ 3.9%
Purchases600/8
-
-
-
€5.2m
€6.2m
€6.0m
€5.3m
€5.5m
▲ 4.3%
Change in stocks: decrease (increase)609
-
-
-€0.09m
-€0.04m
-€0.05m
-€0.07m
€0.05m
€0.03m
▼ 36.0%
Services and other goods61
-
-
€3.0m
€3.6m
€4.0m
€4.1m
€4.5m
€5.0m
▲ 10.2%
Remuneration, social security and pensions62
-
-
€0.9m
€1.0m
€1.2m
€1.2m
€1.1m
€1.3m
▲ 18.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€0.1m
€0.1m
€0.9m
€1.1m
€1.2m
€1.0m
€1.1m
€0.9m
▼ 12.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
-
€0.01m
-€0.003m
€0
-€0.008m
-
-
-
Provisions for liabilities and charges: additions (uses and reversals)635/8
-
-
-
-
€0
-
-
-
-
Other operating charges640/8
-
-
€0.05m
€0.05m
€0.05m
€0.04m
€0.04m
€0.04m
▼ 2.2%
Operating charges capitalised as restructuring costs649
-
-
-
-
€0
-
-
-
-
Non-recurring operating charges66A
-
-
€0.02m
€0.01m
€0.03m
€0.08m
€0.03m
€0.001m
▼ 97.9%
Operating profit (loss)9901
€0.2m
€0.5m
-€0.4m
€0.4m
-€0.3m
-€0.1m
-€0.3m
€0.5m
-
Financial income75/76B
-
-
-
€0.03m
€0.08m
€0.04m
€0.04m
€0.08m
▲ 110%
Recurring financial income75
€0.003m
€0.003m
€0.02m
€0.03m
€0.08m
€0.04m
€0.04m
€0.08m
▲ 110%
Income from financial fixed assets750
-
-
-
-
€0
-
-
-
-
Income from current assets751
-
-
€0.002m
€0.001m
€491
-
-
-
-
Other financial income752/9
-
-
€0.02m
€0.02m
€0.08m
€0.04m
€0.04m
€0.08m
▲ 110%
Non-recurring financial income76B
-
-
-
-
€0
-
-
-
-
Financial charges65/66B
-
-
€0.07m
€0.08m
€0.07m
€0.1m
€0.2m
€0.3m
▲ 21.9%
Recurring financial charges65
€0.004m
€0.02m
€0.07m
€0.08m
€0.07m
€0.1m
€0.2m
€0.3m
▲ 21.9%
Debt charges650
€0.003m
€0.02m
€0.06m
€0.07m
€0.07m
€0.1m
€0.2m
€0.3m
▲ 22.7%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651
-
-
-
-
€0
-
-
-
-
Other financial charges652/9
-
-
€0.007m
€0.002m
€0.003m
€0.003m
€0.004m
€0.003m
▼ 22.2%
Non-recurring financial charges66B
-
-
-
-
€0
-
-
-
-
Profit (loss) for the period before taxes9903
€0.2m
€0.5m
-€0.4m
€0.3m
-€0.3m
-€0.2m
-€0.5m
€0.3m
-
Transfer from deferred taxes780
-
-
-
-
€0
-
-
-
-
Transfer to deferred taxes680
-
-
-
-
€0
-
-
-
-
Income taxes67/77
€0.04m
€0.1m
€0.03m
€0.04m
€110
€361
€0.06m
-€0.05m
-
Taxes670/3
-
-
€0.03m
€0.04m
€110
€361
€0.06m
€231
▼ 99.6%
Tax adjustments and reversals of tax provisions77
-
-
-
-
€0
-
-
€0.05m
-
Profit (loss) for the period9904
€0.2m
€0.4m
-€0.5m
€0.3m
-€0.3m
-€0.2m
-€0.6m
€0.4m
-
Transfer from tax-exempt reserves789
-
-
-
-
€0
€0.4m
-
€0.1m
-
Transfer to tax-exempt reserves689
-
-
-
€0.1m
€0
-
-
-
-
Profit (loss) for the period to be appropriated9905
€0.2m
€0.3m
-€0.5m
€0.2m
-€0.3m
€0.2m
-€0.6m
€0.5m
-
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€2.8m
€5.1m
€11.0m
€10.7m
€10.6m
€11.0m
€11.7m
€12.3m
▲ 5.6%
Formation expenses20
-
-
-
-
€0
€0
€0
€0
-
Fixed assets21/28
€0.5m
€2.5m
€6.4m
€5.6m
€5.2m
€4.8m
€5.1m
€4.9m
▼ 3.1%
Intangible fixed assets21
€0.02m
€0.01m
€0.01m
€0.005m
€268
€0
€0.02m
€0.08m
▲ 273%
Tangible fixed assets22/27
€0.5m
€2.5m
€6.4m
€5.6m
€5.2m
€4.8m
€5.1m
€4.8m
▼ 4.2%
Land and buildings22
-
-
€0.08m
€0.1m
€0.1m
€0.1m
€0.09m
€0.1m
▲ 21.3%
Plant, machinery and equipment23
-
-
€6.3m
€5.4m
€5.1m
€4.5m
€4.3m
€4.7m
▲ 10.0%
Furniture and vehicles24
-
-
€0.005m
€0.003m
€0.006m
€0.002m
€0.001m
€0.001m
▼ 7.1%
Leasing and similar rights25
-
-
-
-
€0
€0
€0
€0
-
Other tangible fixed assets26
-
-
-
-
€0
-
-
-
-
Assets under construction and advance payments27
-
-
€0.006m
€0.005m
€0.005m
€0.2m
€0.7m
€0.004m
▼ 99.4%
Financial fixed assets28
€60
€60
€60
€460
€460
€460
€0.005m
€0.005m
=
Affiliated companies280/1
-
-
-
-
€0
-
-
-
-
Participating interests280
-
-
-
-
€0
-
-
-
-
Amounts receivable281
-
-
-
-
€0
-
-
-
-
Companies linked by participating interests282/3
-
-
-
-
€0
-
-
-
-
Participating interests282
-
-
-
-
€0
-
-
-
-
Amounts receivable283
-
-
-
-
€0
-
-
-
-
Other financial fixed assets284/8
-
-
€60
€460
€460
€460
€0.005m
€0.005m
=
Shares284
-
-
-
-
€0
-
-
-
-
Amounts receivable and cash guarantees285/8
-
-
€60
€460
€460
€460
€0.005m
€0.005m
=
Current assets29/58
€2.3m
€2.6m
€4.6m
€5.2m
€5.4m
€6.2m
€6.6m
€7.4m
▲ 12.3%
Stocks and contracts in progress3
€0.9m
€0.9m
€1.7m
€2.2m
€2.5m
€2.6m
€2.8m
€3.5m
▲ 26.0%
Stocks30/36
-
-
€1.7m
€2.2m
€2.5m
€2.6m
€2.8m
€3.5m
▲ 26.0%
Raw materials and consumables30/31
-
-
€1.0m
€1.2m
€1.5m
€1.6m
€1.2m
€1.3m
▲ 7.1%
Work in progress32
-
-
-
-
€0
-
-
-
-
Finished goods33
-
-
€0.8m
€0.9m
€1.0m
€1.1m
€1.5m
€2.1m
▲ 41.6%
Goods purchased for resale34
-
-
-
-
€0
-
-
-
-
Contracts in progress37
-
-
-
-
€0
-
-
-
-
Amounts receivable within one year40/41
€1.3m
€1.2m
€2.2m
€2.5m
€2.9m
€3.5m
€3.8m
€3.7m
▼ 4.2%
Trade receivables40
-
-
€2.1m
€2.4m
€2.8m
€3.4m
€3.7m
€3.6m
▼ 4.2%
Other amounts receivable41
-
-
€0.08m
€0.1m
€0.07m
€0.1m
€0.1m
€0.1m
▼ 2.3%
Current investments50/53
€0.1m
€0.5m
€0.7m
€0.5m
€0
€0
€0
€0
-
Other investments51/53
-
-
€0.7m
€0.5m
€0
€0
€0
€0
-
Cash at bank and in hand54/58
€0.003m
€0.005m
€0.004m
€0.003m
€0.002m
€0.002m
€0.001m
€0.3m
▲ 27,313%
Deferred charges and accrued income490/1
-
-
€0.006m
€0.006m
€0.005m
€0.006m
€0.007m
€0.006m
▼ 14.1%
Equity and liabilities
Total equity and liabilities10/49
€2.8m
€5.1m
€11.0m
€10.7m
€10.6m
€11.0m
€11.7m
€12.3m
▲ 5.6%
Equity10/15
€1.5m
€1.9m
€4.1m
€4.6m
€4.4m
€2.7m
€2.0m
€2.7m
▲ 31.9%
Contributions10/11
€0.2m
€0.2m
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Capital10
-
-
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Issued capital100
-
-
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
€0.1m
=
Uncalled capital101
-
-
-
-
€0
-
-
-
-
Contributions outside capital11
-
-
-
-
€0
-
-
-
-
Share premium1100/10
-
-
-
-
€0
-
-
-
-
Revaluation surpluses12
-
-
-
-
€0
-
-
-
-
Reserves13
€0.9m
€1.0m
€1.3m
€1.5m
€1.5m
€1.5m
€1.5m
€1.5m
=
Non-distributable reserves130/1
-
-
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
=
Legal reserve130
-
-
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
€0.01m
=
Reserves not available under the articles1311
-
-
-
-
€0
-
-
-
-
Tax-exempt reserves132
-
-
€0.4m
€0.6m
€0.6m
€0.1m
€0.1m
-
-
Distributable reserves133
-
-
€0.9m
€0.9m
€0.9m
€1.3m
€1.3m
€1.5m
▲ 11.2%
Profit (loss) carried forward14
€0.4m
€0.7m
€2.5m
€2.7m
€2.4m
€0.7m
€0.1m
€0.5m
▲ 253%
Investment grants15
-
-
€0.1m
€0.3m
€0.4m
€0.4m
€0.3m
€0.6m
▲ 90.6%
Provisions and deferred taxes16
€0.003m
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
=
Provisions for liabilities and charges160/5
-
-
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
=
Pensions and similar obligations160
-
-
-
-
€0
-
-
-
-
Taxes161
-
-
-
-
€0
-
-
-
-
Major repairs and maintenance162
-
-
-
-
€0
-
-
-
-
Environmental obligations163
-
-
-
-
€0
-
-
-
-
Other liabilities and charges164/5
-
-
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
=
Deferred taxes168
-
-
-
-
€0
-
-
-
-
Amounts payable17/49
€1.3m
€3.2m
€6.8m
€6.2m
€6.2m
€8.3m
€9.6m
€9.6m
=
Amounts payable after more than one year17
-
€1.0m
€3.9m
€3.4m
€2.9m
€2.4m
€1.9m
€1.5m
▼ 20.3%
Financial debts170/4
-
-
€3.9m
€3.4m
€2.9m
€2.4m
€1.9m
€1.5m
▼ 20.3%
Subordinated loans170
-
-
-
-
€0
-
-
-
-
Unsubordinated bonds171
-
-
-
-
€0
-
-
-
-
Leasing and similar obligations172
-
-
-
-
€0
-
-
-
-
Credit institutions173
-
-
€3.9m
€3.4m
€2.9m
€2.4m
€1.9m
€1.5m
▼ 20.3%
Other loans174
-
-
-
-
€0
-
-
-
-
Trade debts175
-
-
-
-
€0
-
-
-
-
Suppliers1750
-
-
-
-
€0
-
-
-
-
Other amounts payable178/9
-
-
-
-
€0
-
-
-
-
Amounts payable within one year42/48
€1.3m
€2.2m
€2.9m
€2.7m
€3.3m
€5.9m
€7.7m
€8.1m
▲ 4.9%
Current portion of amounts payable after more than one year42
-
-
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
▲ 6.4%
Financial debts43
-
-
-
-
€0.5m
€1.0m
€4.7m
€4.7m
▼ 1.8%
Credit institutions430/8
-
-
-
-
€0
-
-
-
-
Other loans439
-
-
-
-
€0.5m
€1.0m
€4.7m
€4.7m
▼ 1.8%
Trade debts44
€0.7m
€1.5m
€1.7m
€1.4m
€1.2m
€2.0m
€1.7m
€1.8m
▲ 5.1%
Suppliers440/4
-
-
€1.7m
€1.4m
€1.2m
€2.0m
€1.7m
€1.8m
▲ 5.1%
Advances received on contracts in progress46
-
-
-
-
€0
-
€0.03m
-
-
Taxes, remuneration and social security45
-
-
€0.2m
€0.2m
€0.3m
€0.2m
€0.1m
€0.2m
▲ 52.5%
Taxes450/3
-
-
€0.03m
€0.03m
€0.04m
€0.03m
€0.03m
€0.03m
▲ 13.6%
Remuneration and social security454/9
-
-
€0.2m
€0.2m
€0.2m
€0.2m
€0.1m
€0.2m
▲ 62.4%
Other amounts payable47/48
-
-
€0.6m
€0.6m
€0.7m
€2.2m
€0.6m
€0.9m
▲ 49.6%
Accrued charges and deferred income492/3
-
-
€0.02m
€0.03m
€0.03m
€0.01m
€0.02m
€0.02m
▲ 5.8%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€0.2m
€0.4m
-€0.5m
€0.3m
-€0.3m
-€0.2m
-€0.6m
€0.4m
-
+ Depreciation and write-downs630
€0.1m
€0.1m
€0.9m
€1.1m
€1.2m
€1.0m
€1.1m
€0.9m
▼ 12.1%
Operating cash flow (approximation)
€0.3m
€0.5m
€0.4m
€1.4m
€0.9m
€0.8m
€0.5m
€1.3m
▲ 164%
Investment in fixed assets (approximation)
-
-€2.1m
-€4.7m
-€0.3m
-€0.8m
-€0.6m
-€1.4m
-€0.8m
▲ 42.9%
Change in cash
-
€0.002m
-€0.002m
-€0.001m
-€470
-€178
-€0.001m
€0.3m
-
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of the 397 active companies whose main activity is manufacture of other non-metallic mineral products (NACE 23610), figures are known for 316. 223 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
European Union, budget
European Union, budget
Money this company received from the EU budget. It often points to projects with European partners.
2023 · 1 entry · €1.1m in total
Projects
CO2NCREAT - CEMENT-FREE BUILDING PRODUCTS WITH NEGATIVE CARBON FOOTPRINTS BY USING CO2 GAS AND BY-PRODUCT FROM RESPECTIVELY LIME AND STAINLESS STEEL PLANTS
Innovation Fund · 01-06-2023 to 30-06-2029 · €1.1m
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
Not every act has been read: a resignation may still be missing
13 of this company's 15 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
PREFER CONSTRUCT was incorporated on 1 November 1973.1Turnover grew from €3.4m in 2018 to €11.3m in 2025 and headcount from 5.3 to 18.7 full-time equivalents.2
Next filing, financial year 2026, expected by
31-07-2027
2026
11-09
Gazette deedReappointments: COGE4 SRL, FINAWIRS SA and BDO
Permanent representatives: Germain PORTIER and Raphaël GRIMONT · Resignations: Paul PORTIER, FINAWIRS SA and COGE4 SRL9 facts ▸
General meeting, 24-04-2026
Director reappointment, COGE4 SRL (managing director)
Director reappointment, FINAWIRS SA (managing director)
Permanent representative, Germain PORTIER
Permanent representative, Raphaël GRIMONT
Director resignation, Paul PORTIER (permanent representative)
Director resignation, FINAWIRS SA (permanent representative)
Director resignation, COGE4 SRL (day-to-day manager)
Auditor reappointment, BDO
28-04
NBB filingAnnual accounts filed
financial year 2025 · full format
2025
31-12
FinancialBack to profitnet €353,754
Net result €353,754 after 3 loss-making years.
13-06
NBB filingAnnual accounts filed
financial year 2024 · full format
2024
31-12
FinancialWeakest financial yearnet -€586,263
Net result drops to -€586,263, the lowest in the series; recovery starts the following year.
21-05
NBB filingAnnual accounts filed
financial year 2023 · full format
06-03
Gazette deedAppointments: FINAWIRS (director) and CoGe4 (director)
Permanent representatives: Paul PORTIER and Raphaël GRIMONT8 facts ▸
General meeting, 01-12-2023
Other provision, “ensemble des administrateurs qui composent le Conseil d'administration, révocation des mandats” (deed in French)
Director appointment, FINAWIRS (director)
Director appointment, CoGe4 (director)
Permanent representative, Paul PORTIER
Permanent representative, Raphaël GRIMONT
Other provision, “administrateur délégué, gestion journalière” (deed in French)
Other provision, “présidence, L'Assemblée” (deed in French)
2023
08-05
NBB filingAnnual accounts filed
financial year 2022 · full format
2022
14-07
NBB filingAnnual accounts filed
financial year 2021 · full format
2021
31-12
FinancialBack to profitnet €301,692
Net result €301,692 after one loss-making year.
22-06
NBB filingAnnual accounts filed
financial year 2020 · full format
2020
31-12
FinancialEquity above €2mequity €4.1m ▲119%
Equity rises from €1.9m to €4.1m.
Show earlier events
26-05
NBB filingAnnual accounts filed
financial year 2019 · full format
2019
31-12
FinancialHighest result from 2018 to 2025net €399,338 ▲112%
Operating result €515,116, net result €399,338, both a record.
24-05
NBB filingAnnual accounts filed
financial year 2018 · full format
2018
15-05
NBB filingAnnual accounts filed
financial year 2017 · full format
2017
21-06
NBB filingAnnual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
2 of 15 deeds read
About the unread acts
Of the 15 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.