RAMFRED CONSTRUCT

Active

Private limited companyfounded 20187 yrs activeLeuvensesteenweg 246, 1932 Zaventem, BelgiumKBO/BCE: BE 0707.806.525

The computed 12-month bankruptcy probability of RAMFRED CONSTRUCT is 2.4% (moderate). The 2024 annual accounts show equity of €12k and a net result of €3k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 7427 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

76 / 100

Excellent▲ +49 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency18▲+3

Growth52=

Stability100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.08 against 1.05 in 2023), and 92.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

7.7%

Return on assets

2.2%

Age of the figures

20 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7427 sector peers (2024).

NBB · sector comparison

Position among 7427 sector peers

Solvency

better than 9%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

31 d late

2022

57 d late

2021

39 d late

2019

229 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€3k

2023 · €-4k

2019: €5k 2021: €8k 2022: €10k 2023: €-4k

2019 → 2024

Working capital

€11k▲ 37.4%

2023 · €8k

2019: €4k 2021: €2k 2022: €11k 2023: €8k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20192021202220232024Trend

Equity€7k-€2k▼ 75.8%€12k▲ 581%€8k▼ 30.3%€12k▲ 39.5%

Operating result€6k-€8k▲ 32.9%€13k▲ 62.9%€-2k€5k

Net result€5k-€8k▲ 63.1%€10k▲ 31.6%€-4k€3k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €5k after a loss of €2k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €151k

99.8%

Fixed assets €363▲ 161%

Current assets €150k▼ 18.8%

Equity and liabilities €151k

92.3%

Equity €12k▲ 39.5%

Debt €139k▼ 21.4%

The debt ratio falls from 95.5% to 92.3%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€5k▲

2023 · €-2k

Cash flow

€3k▲

2023 · €-3k

Solvency

7.7%▲

2023 · 4.5%

Current ratio

1.08▲

2023 · 1.05

Quick ratio

1.08▲

2023 · 1.05

Debt / equity

12.00▼

2023 · 21.31

ROE

28.3%▲

2023 · -43.5%

ROA

2.2%▲

2023 · -2.0%

Interest coverage

7.23▲

2023 · -2.57

Debt

€139k▼

2023 · €177k

Debt ≤ 1 year

€139k▼

2023 · €177k

Income taxes

€1k▲

2023 · €855

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€185k€151k▼

Fixed assets21/28€139€363▲

Tangible fixed assets22/27€139-

Furniture and vehicles24€139-

Financial fixed assets28-€363

Current assets29/58€185k€150k▼

Amounts receivable within one year40/41€174k€144k▼

Trade receivables40€171k€139k▼

Other amounts receivable41€3k€5k▲

Cash at bank and in hand54/58€11k€1k▼

Deferred charges and accrued income490/1€170€5k▲

Equity and liabilities

Total equity and liabilities10/49€185k€151k▼

Equity10/15€8k€12k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€6k€9k▲

Amounts payable17/49€177k€139k▼

Amounts payable within one year42/48€177k€139k▼

Trade debts44€158k€123k▼

Suppliers440/4€158k€123k▼

Taxes, remuneration and social security45€2k€2k▲

Taxes450/3€2k€2k▲

Other amounts payable47/48€17k€13k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€420€139▼

Other operating charges640/8€1k€19k▲

Gross operating margin9900€-243€24k▲

Operating profit (loss)9901€-2k€5k▲

Financial income75/76B-€1

Recurring financial income75-€1

Financial charges65/66B€655€738▲

Recurring financial charges65€655€738▲

Profit (loss) for the period before taxes9903€-3k€4k▲

Income taxes67/77€855€1k▲

Profit (loss) for the period9904€-4k€3k▲

Profit (loss) for the period to be appropriated9905€-4k€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€6k€9k▲

Profit (loss) brought forward from the previous period14P€9k€6k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 61 days late

2024

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 31 days late

2023

31-12

Financial Weakest financial yearnet €-4k ▼136%

Net result drops to €-4k, the lowest in the series; recovery starts the following year.

26-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 57 days late

2022

31-12

Financial Highest result since 2019net €10k ▲31.6%

Operating result €13k, net result €10k, both a record.

08-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 39 days late

2021

17-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 229 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Zaventem · 1 establishment unit since 2018

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leuvensesteenweg 2461932 Zaventem

Ground area

548 m²

Building footprint

402 m²

Volume, LiDAR

4,042 m³

2 parcels, Brussels, Flanders · tallest building 22.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

RAMFRED CONSTRUCT

Léon Delacroixstraat 14, 1070 AnderlechtGeneral construction of buildings

since 20182.280.983.506

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23078A0472/00L000	Flanders	461 m²	1 · 192 m²	10.8 m · 3 fl.
21523B0939/00S083	Brussels	86 m²	1 · 209 m²	22.8 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 4,285 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-10-2018

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

43240Other construction installation

43299Specialised construction activities

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.