RETROCONSTRUCT
ActiveRETROCONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €619k and a net result of €32k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-5
Solvency74▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.44 against 0.42 in 2023; short-term debt: 29.4% and cash: 5.7% of total assets), and 51.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
33 d early
2022
32 d early
2021
22 d late
2020
31 d late
2019
49 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€619k▲ 5.4%
2023 · €588k
2018: €338k
2019: €355k
2020: €449k
2021: €518k
2022: €531k
2023: €588k
2018 → 2024
Total assets
€1.28M▼ 1.1%
2023 · €1.29M
2018: €794k
2019: €876k
2020: €877k
2021: €1.29M
2022: €1.48M
2023: €1.29M
2018 → 2024
Net result
€32k▼ 43.5%
2023 · €56k
2018: €35k
2019: €19k
2020: €96k
2021: €81k
2022: €14k
2023: €56k
2018 → 2024
Working capital
€-210k▲ 1.5%
2023 · €-214k
2018: €73k
2019: €202k
2020: €58k
2021: €-61k
2022: €-249k
2023: €-214k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€449k-€518k▲ 15.3%€531k▲ 2.6%€588k▲ 10.6%€619k▲ 5.4%
Operating result€128k-€113k▼ 11.9%€34k▼ 69.7%€92k▲ 167%€76k▼ 17.4%
Net result€96k-€81k▼ 15.4%€14k▼ 83.1%€56k▲ 312%€32k▼ 43.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.28M
Fixed assets
€1.11M▼ 1.9%
Current assets
€164k▲ 4.9%
Equity and liabilities €1.28M
Equity
€619k▲ 5.4%
Debt
€657k▼ 6.6%
The debt ratio falls from 54.5% to 51.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€179k▼
2023 · €223k
Cash flow
€136k▼
2023 · €188k
Solvency
48.5%▲
2023 · 45.5%
Current ratio
0.44▲
2023 · 0.42
Quick ratio
0.39▼
2023 · 0.40
Debt / equity
1.06▼
2023 · 1.20
ROE
5.1%▼
2023 · 9.6%
ROA
2.5%▼
2023 · 4.4%
Interest coverage
5.62▼
2023 · 7.54
Debt
€657k▼
2023 · €703k
Debt ≤ 1 year
€375k▲
2023 · €370k
Debt > 1 year
€258k▼
2023 · €312k
Income taxes
€12k▲
2023 · €6k
Staff costs
€75k▼
2023 · €103k
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€1.29M€1.28M▼
Fixed assets21/28€1.13M€1.11M▼
Tangible fixed assets22/27€1.13M€1.11M▼
Land and buildings22€722k€685k▼
Plant, machinery and equipment23€34k€33k▼
Furniture and vehicles24€329k€355k▲
Leasing and similar rights25€49k€39k▼
Current assets29/58€157k€164k▲
Stocks and contracts in progress3€7k€19k▲
Stocks30/36€7k€19k▲
Amounts receivable within one year40/41€73k€72k▼
Trade receivables40€63k€34k▼
Other amounts receivable41€10k€38k▲
Cash at bank and in hand54/58€58k€73k▲
Deferred charges and accrued income490/1€18k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.28M▼
Equity10/15€588k€619k▲
Contributions10/11€81k€81k=
Reserves13€507k€538k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€10k€10k=
Distributable reserves133€497k€528k▲
Amounts payable17/49€703k€657k▼
Amounts payable after more than one year17€312k€258k▼
Financial debts170/4€312k€258k▼
Amounts payable within one year42/48€370k€375k▲
Current portion of amounts payable after more than one year42€58k€54k▼
Trade debts44€389€15k▲
Suppliers440/4€389€15k▲
Taxes, remuneration and social security45€17k€499▼
Taxes450/3€17k€499▼
Other amounts payable47/48€295k€305k▲
Accrued charges and deferred income492/3€20k€24k▲
Income statement
Code20232024
Non-recurring operating income76A€67k€11k▼
Remuneration, social security and pensions62€103k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€104k▼
Other operating charges640/8€9k€11k▲
Gross operating margin9900€334k€265k▼
Operating profit (loss)9901€92k€76k▼
Financial income75/76B€2€2▼
Recurring financial income75€2€2▼
Financial charges65/66B€30k€32k▲
Recurring financial charges65€30k€32k▲
Profit (loss) for the period before taxes9903€62k€44k▼
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€56k€32k▼
Profit (loss) for the period to be appropriated9905€56k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€32k▼
Transfer to equity691/2€56k€32k▼
To other reserves6921€56k€32k▼
Social balance
Average headcount (FTE)90871.61.6=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €14k ▼83.1%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Equity above €500kEq €518k ▲15.3%
4 profitable years in a row build equity to €518k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €96k ▲406%
Operating result €128k, net result €96k, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kruisem · 1 establishment unit since 2007
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.
Herlegemstraat (Nok) 59771 KruisemGround area
1,632 m²
Building footprint
283 m²
Volume, LiDAR
1,431 m³
Parcel 45031B0686/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RETROCONSTRUCT
since 20072.166.520.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45031B0686/00E000 | Flanders | 1,632 m² | 1 · 283 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 226 EUR awarded · 226 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 226 EUR | 226 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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GB CONSTRUCT
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,420. 4,134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2007
Fiscal year end31-12
Activities, NACEBEL
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
45250
43120Site preparation
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
45112
45220
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.