Equity
REAL CONSTRUCT paid out €833 in dividends. That is 11% of the 2025 profit.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 7 in 1,000 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 53% of them on solvency, 68% on liquidity, 46% on profitability and 47% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 17,041 companies had the same profile as REAL CONSTRUCT has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of REAL CONSTRUCT itself: 0.7% within 12 months.
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 17,041 companies, not a prediction for REAL 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 insufficient, with a current ratio of 0.97 (0.78 in 2024), below 1. Short-term debt is 22.3% and cash 16.9% of total assets. 55.4% 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 7 accounts on average 22 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 | ||||
|---|---|---|---|---|
| REAL CONSTRUCT Kontich | €291,866 | €134,539 | 44.6% | - |
| Building Together Antwerp | €307,076 | €147,675 | 43.3% | - |
| Gebroeders DANEELS Ranst | €337,029 | €142,069 | 43.5% | - |
| ALGEMENE BOUWWERKEN GEERTS Hoogstraten | €259,442 | €169,080 | 51.0% | - |
| DE SMET GEBROEDERS ZWALM Zwalm | €296,822 | €131,040 | 69.6% | - |
| Omer Lemmens Bekkevoort | €296,268 | €132,852 | 43.6% | - |
| A. GABRIEL ET FILS Liège | €274,995 | €123,505 | 64.0% | - |
These companies have the same main activity as REAL CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €259,000 and €337,000, founded between 1994 and 1998.
REAL CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €79,335 in 2006 to €134,539 in 2025.
The balance sheet grew most from 2018 to 2019 through fixed assets.
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 ≈ €440,000. Estimated: probably between €310,000 and €680,000.
Higher than 52% of 9,462 companies in 2025.
Higher than 20% of 9,210 companies in 2025.
Higher than 37% of 9,282 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
291,866 | 303,119 | 305,060 | 314,383 | 345,195 | 352,226 | 360,146 | 124,418 | 73,989 | 84,904 | 50,228 | 56,201 | 81,326 | 88,394 | 77,811 | 64,019 | 78,888 | 100,763 | 74,421 | 75,367 | |
21/28 |
228,702 | 244,045 | 260,469 | 279,421 | 299,097 | 277,357 | 270,250 | 79,327 | 5,893 | 9,998 | 4,421 | 7,508 | 1,928 | 3,963 | 8,073 | 12,965 | 20,140 | 27,890 | 8,525 | 11,826 | |
21 |
0 | 480 | 960 | 1,440 | 1,920 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
227,978 | 242,840 | 258,785 | 277,981 | 297,177 | 277,357 | 270,250 | 79,327 | 5,893 | 9,998 | 4,421 | 7,508 | 1,928 | 3,963 | 8,073 | 12,965 | 17,704 | 25,519 | 6,154 | 9,487 | |
22 |
224,495 | 231,475 | 238,456 | 245,436 | 252,416 | 259,396 | 253,136 | 70,800 | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
0 | - | 1,898 | 3,509 | 5,119 | 7,155 | 849 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
3,483 | 11,365 | 18,431 | 29,036 | 39,642 | 10,806 | 16,265 | 8,527 | 5,893 | 9,998 | 4,421 | 7,508 | 1,928 | 3,963 | 8,073 | 12,965 | 17,704 | 25,519 | 6,154 | 9,487 | |
28 |
724 | 724 | 724 | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,436 | 2,371 | 2,371 | 2,339 | |
29/58 |
63,164 | 59,074 | 44,591 | 34,962 | 46,098 | 74,869 | 89,896 | 45,091 | 68,096 | 74,906 | 45,807 | 48,693 | 79,398 | 84,431 | 69,738 | 51,054 | 58,748 | 72,873 | 65,896 | 63,541 | |
29 |
- | - | - | 724 | 486 | 486 | 2,530 | 2,530 | 2,530 | 2,528 | 2,526 | 2,522 | 2,513 | 2,460 | 2,460 | 2,460 | - | - | - | - | |
291 |
- | - | - | 724 | 486 | 486 | 2,530 | 2,530 | 2,530 | 2,528 | 2,526 | 2,522 | 2,513 | 2,460 | 2,460 | 2,460 | - | - | - | - | |
3 |
2,195 | 1,875 | 2,480 | 2,310 | 2,245 | 2,255 | 2,338 | 2,850 | 3,100 | 2,320 | 2,480 | 3,500 | 4,100 | 4,400 | 3,500 | 2,200 | 2,500 | 2,700 | 2,500 | 2,400 | |
30/36 |
2,195 | 1,875 | 2,480 | 2,310 | 2,245 | 2,255 | 2,338 | 2,850 | 3,100 | 2,320 | 2,480 | 3,500 | 4,100 | 4,400 | 3,500 | 2,200 | 2,500 | 2,700 | 2,500 | 2,400 | |
40/41 |
7,795 | 45,769 | 34,289 | 25,582 | 41,036 | 36,728 | 79,182 | 26,622 | 62,130 | 69,088 | 35,816 | 42,655 | 72,744 | 77,099 | 60,341 | 28,505 | 55,275 | 69,484 | 58,885 | 60,680 | |
40 |
7,795 | 44,907 | 33,967 | 25,146 | 38,363 | 36,215 | 67,284 | 22,872 | 55,547 | 59,888 | 30,659 | 38,791 | 71,020 | 73,670 | 55,843 | 24,960 | 55,264 | 66,892 | 56,058 | 60,175 | |
41 |
- | 862 | 322 | 436 | 2,673 | 513 | 11,898 | 3,750 | 6,583 | 9,200 | 5,157 | 3,864 | 1,724 | 3,429 | 4,498 | 3,545 | 11 | 2,592 | 2,827 | 505 | |
50/53 |
- | 10 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
49,364 | - | - | 4,232 | - | 33,830 | 93 | 11,699 | 336 | 970 | 4,985 | 16 | 41 | 472 | 3,392 | 17,813 | 973 | 689 | 4,511 | 461 | |
490/1 |
3,810 | 11,420 | 7,822 | 2,114 | 2,331 | 1,570 | 5,753 | 1,390 | - | - | - | - | - | - | 45 | 76 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
291,866 | 303,119 | 305,060 | 314,383 | 345,195 | 352,226 | 360,146 | 124,418 | 73,989 | 84,904 | 50,228 | 56,201 | 81,326 | 88,394 | 77,811 | 64,019 | 78,888 | 100,763 | 74,421 | 75,367 | |
10/15 |
130,262 | 123,275 | 84,581 | 76,731 | 69,760 | 81,083 | 72,229 | 21,137 | 20,549 | 20,518 | 18,045 | 15,957 | 18,588 | -5,117 | 12,640 | 28,118 | 24,748 | 27,559 | 26,686 | 19,623 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
11 |
- | - | - | - | - | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
111,670 | 104,683 | 65,989 | 58,139 | 51,168 | 62,491 | 53,637 | 2,545 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
130/1 |
- | - | - | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | - | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
111,670 | 104,683 | 65,989 | 58,139 | 51,168 | 60,632 | 51,778 | 686 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | 98 | 67 | -2,406 | -4,494 | -1,863 | -25,568 | -7,811 | 7,667 | 4,297 | 7,108 | 6,235 | -828 | |
17/49 |
161,604 | 179,844 | 220,479 | 237,652 | 275,435 | 271,143 | 287,917 | 103,281 | 53,440 | 64,386 | 32,183 | 40,244 | 62,738 | 93,511 | 65,171 | 35,901 | 54,140 | 73,204 | 47,735 | 55,744 | |
17 |
90,634 | 100,168 | 113,863 | 131,615 | 148,928 | 135,345 | 143,447 | 51,808 | - | - | - | - | - | - | - | 4,671 | 9,865 | 17,315 | 4,630 | 7,440 | |
170/4 |
90,634 | 100,168 | 113,863 | 131,615 | 148,928 | 135,345 | 143,447 | 51,808 | - | - | - | - | - | - | - | 4,671 | 9,865 | 17,315 | 4,630 | 7,440 | |
42/48 |
65,066 | 75,822 | 100,821 | 106,037 | 126,507 | 135,798 | 144,470 | 37,365 | 53,440 | 64,386 | 32,183 | 40,244 | 62,738 | 93,511 | 65,171 | 31,230 | 44,022 | 55,785 | 42,863 | 47,733 | |
42 |
9,533 | 13,696 | 17,752 | 17,312 | 16,885 | 8,102 | 6,553 | - | - | - | - | - | - | 371 | 5,083 | 5,194 | 6,629 | 6,131 | 2,810 | 2,463 | |
43 |
- | 9,785 | 55 | - | 6,058 | - | 7,145 | - | 13,641 | 17,566 | - | 8,817 | 2,222 | 15,467 | 3,117 | - | 13,276 | 14,486 | - | 7,603 | |
430/8 |
- | 9,785 | 55 | - | 6,058 | - | 7,145 | - | 13,641 | 17,566 | - | 8,817 | 2,222 | 15,467 | 3,117 | - | 13,276 | 14,486 | - | 7,603 | |
44 |
20,491 | 11,162 | 25,179 | 13,095 | 14,086 | 29,473 | 22,817 | 8,014 | 15,409 | 21,130 | 10,067 | 6,403 | 19,924 | 30,893 | 21,059 | 7,189 | 5,767 | 14,861 | 23,637 | 18,399 | |
440/4 |
20,491 | 11,162 | 25,179 | 13,095 | 14,086 | 29,473 | 22,817 | 8,014 | 15,409 | 21,130 | 10,067 | 6,403 | 19,924 | 30,893 | 21,059 | 7,189 | 5,767 | 14,861 | 23,637 | 18,399 | |
45 |
31,056 | 23,687 | 32,964 | 28,585 | 31,722 | 31,864 | 31,195 | 29,351 | 24,390 | 25,690 | 22,116 | 25,024 | 40,592 | 46,542 | 35,052 | 18,359 | 18,127 | 17,449 | 15,098 | 14,257 | |
450/3 |
17,757 | 16,780 | 10,328 | 2,352 | 6,903 | 14,132 | 5,529 | 3,825 | 4,886 | 5,057 | 3,028 | 1,829 | 9,131 | 3,729 | 366 | 1,531 | 2,949 | 69 | 219 | - | |
454/9 |
13,298 | 6,907 | 22,636 | 26,233 | 24,819 | 17,732 | 25,666 | 25,526 | 19,504 | 20,633 | 19,088 | 23,195 | 31,461 | 42,813 | 34,686 | 16,828 | 15,178 | 17,380 | 14,879 | 14,257 | |
47/48 |
3,986 | 17,491 | 24,871 | 47,045 | 57,756 | 66,359 | 76,760 | - | - | - | - | - | - | 238 | 860 | 488 | 223 | 2,858 | 1,318 | 5,011 | |
492/3 |
5,904 | 3,854 | 5,795 | - | - | - | - | 14,108 | - | - | - | - | - | - | - | - | 253 | 104 | 242 | 571 | |
| Income statement | |||||||||||||||||||||
76A |
- | 5,933 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
134,539 | 176,874 | 174,070 | 182,882 | 126,165 | 153,139 | 221,971 | 141,872 | 109,210 | 102,782 | 107,415 | 95,038 | 150,522 | 126,807 | 152,269 | 131,774 | 134,745 | 128,574 | 111,370 | 79,335 | |
62 |
100,348 | 88,408 | 133,829 | 141,206 | 104,967 | 115,326 | 134,181 | 126,016 | 94,616 | 90,099 | 89,343 | 86,104 | 105,848 | 136,021 | 156,913 | 115,361 | 112,769 | 119,310 | 91,888 | 58,203 | |
630 |
15,342 | 17,085 | 19,677 | 19,676 | 18,970 | 14,069 | 12,089 | 6,965 | 6,596 | 5,973 | 3,087 | 3,087 | 4,928 | 4,110 | 4,892 | 4,739 | 7,815 | 3,853 | 4,688 | 4,236 | |
631/4 |
- | - | -2,252 | - | - | 2,252 | - | - | -21,351 | - | 7,500 | - | 10,470 | - | - | - | -7,575 | - | 4,107 | 1,062 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3,584 | - | - | - | - | |
640/8 |
2,630 | 2,569 | 4,131 | 2,958 | 3,889 | 1,909 | 5,488 | 1,197 | 25,820 | 1,697 | 2,312 | 6,265 | 1,534 | 1,636 | 1,409 | 5,098 | 19,754 | 933 | 975 | 5,330 | |
9901 |
16,220 | 68,812 | 18,684 | 19,042 | -1,661 | 19,583 | 70,213 | 7,694 | 3,529 | 5,013 | 5,173 | -418 | 27,742 | -14,960 | -10,945 | 10,160 | 1,982 | 4,478 | 9,712 | 10,504 | |
75/76B |
1,013 | 428 | 266 | 165 | 609 | 153 | 490 | 264 | 458 | 440 | 432 | 1,123 | 201 | 549 | 496 | 448 | 158 | 13 | 113 | 853 | |
75 |
1,013 | 428 | 266 | 165 | 609 | 153 | 490 | 264 | 458 | 440 | 432 | 1,123 | 201 | 549 | 496 | 448 | 158 | 13 | 113 | 853 | |
65/66B |
4,968 | 5,317 | 5,881 | 8,342 | 9,213 | 5,957 | 5,987 | 2,759 | 3,097 | 1,479 | 1,691 | 2,975 | 4,070 | 3,261 | 5,029 | 4,458 | 4,951 | 3,594 | 2,581 | 2,575 | |
65 |
4,968 | 5,317 | 5,881 | 8,342 | 9,213 | 5,957 | 5,987 | 2,759 | 3,097 | 1,479 | 1,691 | 2,975 | 4,070 | 3,261 | 5,029 | 4,458 | 4,951 | 3,594 | 2,581 | 2,575 | |
9903 |
12,265 | 63,923 | 13,069 | 10,865 | -10,265 | 13,779 | 64,716 | 5,199 | 890 | 3,974 | 3,914 | -2,270 | 23,873 | -17,672 | -15,478 | 6,150 | -2,811 | 897 | 7,244 | 8,782 | |
67/77 |
4,445 | 16,870 | 4,385 | 3,094 | 258 | 4,125 | 12,812 | 811 | 859 | 1,501 | 1,826 | 361 | 168 | 85 | - | 380 | - | 24 | 181 | - | |
9904 |
7,820 | 47,053 | 8,684 | 7,771 | -10,523 | 9,654 | 51,904 | 4,388 | 31 | 2,473 | 2,088 | -2,631 | 23,705 | -17,757 | -15,478 | 5,770 | -2,811 | 873 | 7,063 | 8,782 | |
9905 |
7,820 | 47,053 | 8,684 | 7,771 | -10,523 | 9,654 | 51,904 | 4,388 | 31 | 2,473 | 2,088 | -2,631 | 23,705 | -17,757 | -15,478 | 5,770 | -2,811 | 873 | 7,063 | 8,782 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
7,820 | 47,053 | 8,684 | 7,771 | -10,523 | 9,654 | 51,904 | 4,486 | 98 | 67 | -2,406 | -4,494 | -1,863 | -25,568 | -7,811 | 10,067 | 4,297 | 7,108 | 6,235 | -828 | |
791/2 |
- | - | - | - | 11,323 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
6,987 | 38,694 | 7,851 | 6,971 | - | 8,854 | 51,092 | 686 | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
6,987 | 38,694 | 7,851 | 6,971 | - | 8,854 | 51,092 | 686 | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
833 | 8,359 | 833 | 800 | 800 | 800 | 812 | 3,800 | - | - | - | - | - | - | - | 2,400 | - | - | - | - | |
694 |
833 | 859 | 833 | 800 | 800 | 800 | 812 | 800 | - | - | - | - | - | - | - | 2,400 | - | - | - | - | |
695 |
- | 7,500 | - | - | - | - | - | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
2 | 2 | 2.7 | 2.8 | 2.1 | 2.6 | 2.8 | 2.8 | 1.9 | 2 | 2 | 2 | 2.3 | 3.2 | 4 | 3.3 | 3.3 | 3 | 2.3 | 1.6 | |
Hours worked1013 |
2,768 | 2,632 | 4,080 | 4,312 | 3,472 | 3,509 | 4,464 | 4,304 | 3,128 | 3,056 | 3,042 | 3,032 | 3,389 | 4,752 | 6,160 | 4,296 | 4,328 | 4,709 | 3,664 | 2,472 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00197566 | |
| 31-12-2024 | abbreviated format | 23-09-2025 | 2025-00498998 | |
| 31-12-2023 | abbreviated format | 27-09-2024 | 2024-00475458 | |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00402800 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20408114 | |
| 31-12-2020 | abbreviated format | 12-07-2021 | 2021-35900518 | |
| 31-12-2019 | abbreviated format | 08-09-2020 | 2020-51800507 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58900183 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-52100394 | |
| 31-12-2016 | micro format | 25-08-2017 | 2017-48400407 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-50600468 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-54100424 | |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-54400246 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-57100095 | |
| 31-12-2011 | abbreviated format | 29-08-2012 | 2012-47600362 | |
| 31-12-2010 | abbreviated format | 25-08-2011 | 2011-46200429 | |
| 31-12-2009 | abbreviated format | 30-08-2010 | 2010-53000517 | |
| 31-12-2008 | abbreviated format | 24-09-2009 | 2009-77200321 | |
| 31-12-2007 | abbreviated format | 28-08-2008 | 2008-71500165 | |
| 31-12-2006 | abbreviated format | 24-09-2007 | 2007-73800284 | |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-75801558 | |
| 31-12-2004 | abbreviated format | 26-09-2005 | 2005-71203483 | |
| 31-12-2003 | abbreviated format | 30-09-2004 | 2004-70001923 | |
| 31-12-2002 | abbreviated format | 11-09-2003 | 2003-66003851 | |
| 31-12-2001 | abbreviated format | 19-09-2002 | 2002-57502333 | |
| 31-12-2000 | abbreviated format | 04-10-2001 | 2001-61805181 | |
| 31-12-1999 | abbreviated format | 30-10-2000 | 2000-68704722 | |
| 31-12-1998 | abbreviated format | 04-10-1999 | 1999-51104502 | |
| 31-12-1997 | abbreviated format | 06-10-1998 | 1998-51505144 | |
| 31-12-1996 | abbreviated format | 17-09-1997 | 1997-44101289 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31,562 | 85,897 | 38,361 | 38,718 | 17,309 | 33,652 | 82,302 | 14,659 | 10,125 | 10,986 | 8,260 | 2,669 | 32,670 | -10,850 | -6,053 | 14,899 | 9,797 | 8,331 | 14,400 | 14,740 | ||
| 23,162 | 64,138 | 28,360 | 27,447 | 8,447 | 23,723 | 63,993 | 11,353 | 6,627 | 8,446 | 5,175 | 456 | 28,633 | -13,647 | -10,586 | 10,509 | 5,004 | 4,726 | 11,751 | 13,018 | ||
| 0 | 660 | 725 | 0 | 40,710 | 21,176 | 203,341 | 80,399 | 2,491 | 11,550 | 0 | 8,667 | 2,893 | 0 | 0 | -2,436 | 65 | 23,218 | 1,387 | 10,866 | ||
| - | - | - | - | - | 33,737 | -11,606 | 11,363 | -634 | -4,015 | 4,969 | -25 | -431 | -2,920 | -14,421 | 16,840 | 284 | -3,822 | 4,050 | - | ||
| -1,902 | -16,748 | -56,229 | -71,075 | -80,409 | -60,929 | -54,574 | 7,726 | 14,656 | 10,520 | 13,624 | 8,449 | 16,660 | -9,080 | 4,567 | 19,824 | 14,726 | 17,088 | 23,033 | 15,808 | ||
| 44.6% | 40.7% | 27.7% | 24.4% | 20.2% | 23.0% | 20.1% | 17.0% | 27.8% | 24.2% | 35.9% | 28.4% | 22.9% | -5.8% | 16.2% | 43.9% | 31.4% | 27.4% | 35.9% | 26.0% | ||
| 0.97 | 0.78 | 0.44 | 0.33 | 0.36 | 0.55 | 0.62 | 1.21 | 1.27 | 1.16 | 1.42 | 1.21 | 1.27 | 0.90 | 1.07 | 1.63 | 1.33 | 1.31 | 1.54 | 1.33 | ||
| 0.94 | 0.75 | 0.42 | 0.31 | 0.35 | 0.53 | 0.61 | 1.13 | 1.22 | 1.13 | 1.35 | 1.12 | 1.20 | 0.86 | 1.02 | 1.56 | 1.28 | 1.26 | 1.48 | 1.28 | ||
| 1.24 | 1.46 | 2.61 | 3.10 | 3.95 | 3.34 | 3.99 | 4.89 | 2.60 | 3.14 | 1.78 | 2.52 | 3.38 | - | 5.16 | 1.28 | 2.19 | 2.66 | 1.79 | 2.84 | ||
| 6.0% | 38.2% | 10.3% | 10.1% | -15.1% | 11.9% | 71.9% | 20.8% | 0.2% | 12.1% | 11.6% | -16.5% | 127.5% | - | -122.5% | 20.5% | -11.4% | 3.2% | 26.5% | 44.8% | ||
| 2.7% | 15.5% | 2.8% | 2.5% | -3.0% | 2.7% | 14.4% | 3.5% | 0.0% | 2.9% | 4.2% | -4.7% | 29.1% | -20.1% | -19.9% | 9.0% | -3.6% | 0.9% | 9.5% | 11.7% | ||
| 6.35 | 16.15 | 6.52 | 4.64 | 1.88 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 3 | 3 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| part-time | 0 | 0 | - | 1 | 1 |
| in full-time equivalents | 2 | 2 | 2 | 2.8 | 2.8 |
| 2 | 2 | 2.7 | 2.8 | 2.1 | |
| On a permanent contract | 2 | 2 | 2 | 3 | 3 |
| Joined | - | - | 3 | - | - |
| Left | - | - | 4 | - | - |
| Training hours | - | - | - | - | 30 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €27,500 | - | - | - |
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 | - | €660 | - | - | €38,310 |
| Intangible fixed assets | - | - | - | - | €2,400 |
| €15,342 | €17,085 | €19,677 | €19,676 | €18,970 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 76% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 59.3% to 55.4%. Equity is higher and debt is lower.
REAL CONSTRUCT has no parent and no holdings in its annual accounts. THEUNIS Marc is the only director.
See the function holders in the KBO register.
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 |
|---|---|---|
| Prins Boudewijnlaan 7 registered office 2550 Kontich | 04-04-1996 | 2.074.996.878 |
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 0457.013.124
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