RETROCONSTRUCT
ActiveSummary
RETROCONSTRUCT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €669,482 and a net result of €50,105. Equity has been growing by about 9% per year since 2018. Its solvency ranks better than 61% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-11-2007 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 5 others
- Establishment unit
- 2.166.520.338 9771 Kruisem, since 16-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 30-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €282,445
- ▲ 6.6%
- Turnover
- ≈ €860,000
- estimated
- Profit
- €50,105
- ▲ 57.9%
- Equity
- €669,482
- ▲ 8.1%
- Total assets
- €1.3m
- ▼ 1.5%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskEquity €669,482 (53.3% of total assets)Size: 0.8 FTE, total assets €1.3mFigures for financial year 2025 (filed on 19-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43, micro). It does better than 58% of them on solvency, 54% on liquidity, 46% on profitability and 52% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 18 filings
Every figure per financial year
The operating result for 2025 is 26% higher than in 2024. It is a recovery after the fall in 2024.
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 2 | 1 | 1 |
| full-time | 1 | 1 | 1 | 0 | 0 |
| part-time | 1 | 0 | 1 | 1 | 1 |
| in full-time equivalents | 1.8 | 1 | 1.8 | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 1.9 | 1.6 | 1.9 | 1.3 | 0.8 |
| On a permanent contract | 2 | 1 | 2 | 1 | 1 |
| Joined | - | 1 | 1 | 0 | 0 |
| Left | - | 2 | 0 | 1 | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €439,830 | €315,097 | €149,404 | €81,750 | €47,378 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €105,478 | €99,513 | €131,327 | €103,774 | €115,814 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €226 awarded · €226 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €40,373 | €22,468 | €67,049 | €11,500 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €104,206 | €86,243 | €102,717 | €74,746 | €61,891 | ▼ 17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €141,475 | €151,109 | €101,016 | €105,478 | €99,513 | €131,327 | €103,774 | €115,814 | ▲ 11.6% |
| Other operating charges640/8 | - | - | - | €1,600 | €1,180 | €8,710 | €10,640 | €9,306 | ▼ 12.5% |
| Gross operating margin9900 | €345,948 | €344,605 | €359,057 | €324,372 | €221,227 | €334,373 | €264,848 | €282,445 | ▲ 6.6% |
| Operating profit (loss)9901 | €48,518 | €31,070 | €128,429 | €113,089 | €34,291 | €91,618 | €75,688 | €95,434 | ▲ 26.1% |
| Financial income75/76B | - | - | - | €118 | €68 | €2 | €2 | €4 | ▲ 83.1% |
| Recurring financial income75 | €615 | €1 | €1 | €118 | €68 | €2 | €2 | €4 | ▲ 83.1% |
| Financial charges65/66B | - | - | - | €19,446 | €19,104 | €29,582 | €31,949 | €26,464 | ▼ 17.2% |
| Recurring financial charges65 | €9,338 | €8,664 | €9,872 | €19,446 | €19,104 | €29,582 | €31,949 | €26,464 | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €39,796 | €22,407 | €118,558 | €93,761 | €15,254 | €62,039 | €43,740 | €68,974 | ▲ 57.7% |
| Income taxes67/77 | €5,285 | €3,506 | €22,869 | €12,820 | €1,610 | €5,861 | €12,000 | €18,868 | ▲ 57.2% |
| Profit (loss) for the period9904 | €34,511 | €18,901 | €95,688 | €80,940 | €13,644 | €56,177 | €31,741 | €50,105 | ▲ 57.9% |
| Profit (loss) for the period to be appropriated9905 | €34,511 | €18,901 | €95,688 | €80,940 | €13,644 | €56,177 | €31,741 | €50,105 | ▲ 57.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.9m | €0.9m | €1.3m | €1.5m | €1.3m | €1.3m | €1.3m | ▼ 1.5% |
| Fixed assets21/28 | €0.6m | €0.6m | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 6.2% |
| Tangible fixed assets22/27 | €0.6m | €0.6m | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 6.2% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▼ 2.5% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | ▲ 37.7% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.3m | €0.3m | €0.4m | €0.3m | ▼ 15.0% |
| Leasing and similar rights25 | - | - | - | - | - | €0.05m | €0.04m | €0.03m | ▼ 26.9% |
| Current assets29/58 | €0.2m | €0.3m | €0.2m | €0.3m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 29.9% |
| Stocks and contracts in progress3 | €0.03m | €0.02m | €0.01m | €0.006m | €0.006m | €0.007m | €0.02m | €0.01m | ▼ 48.6% |
| Stocks30/36 | - | - | - | €0.006m | €0.006m | €0.007m | €0.02m | €0.01m | ▼ 48.6% |
| Amounts receivable within one year40/41 | €0.05m | €0.06m | €0.007m | €0.02m | €0.2m | €0.07m | €0.07m | €0.02m | ▼ 70.3% |
| Trade receivables40 | - | - | - | €0.01m | €0.1m | €0.06m | €0.03m | €0.001m | ▼ 95.7% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.04m | €0.01m | €0.04m | €0.02m | ▼ 47.0% |
| Cash at bank and in hand54/58 | €0.08m | €0.2m | €0.2m | €0.3m | €0.2m | €0.06m | €0.07m | €0.2m | ▲ 150% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | €0.01m | €0.02m | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.9m | €0.9m | €1.3m | €1.5m | €1.3m | €1.3m | €1.3m | ▼ 1.5% |
| Equity10/15 | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | ▲ 8.1% |
| Contributions10/11 | €0.08m | €0.08m | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 9.3% |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.009m | €0.009m | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 9.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - | - | - | - |
| Amounts payable17/49 | €0.5m | €0.5m | €0.4m | €0.8m | €0.9m | €0.7m | €0.7m | €0.6m | ▼ 10.6% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.1% |
| Financial debts170/4 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 16.1% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.1m | €0.4m | €0.6m | €0.4m | €0.4m | €0.4m | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.05m | €0.06m | €0.05m | €0.04m | ▼ 23.2% |
| Trade debts44 | €0.01m | €0.02m | €0.01m | €0.02m | €0.1m | €389 | €0.02m | €0.04m | ▲ 191% |
| Suppliers440/4 | - | - | - | €0.02m | €0.1m | €389 | €0.02m | €0.04m | ▲ 191% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.002m | €0.02m | €499 | €0.01m | ▲ 24× |
| Taxes450/3 | - | - | - | €0.007m | €0.002m | €0.02m | €499 | €0.01m | ▲ 24× |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 16.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.009m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 17.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,511 | €18,901 | €95,688 | €80,940 | €13,644 | €56,177 | €31,741 | €50,105 | ▲ 57.9% |
| + Depreciation and write-downs630 | €141,475 | €151,109 | €101,016 | €105,478 | €99,513 | €131,327 | €103,774 | €115,814 | ▲ 11.6% |
| Operating cash flow (approximation) | €175,986 | €170,010 | €196,704 | €186,418 | €113,157 | €187,505 | €135,514 | €165,919 | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | -€99,886 | -€226,022 | -€377,820 | -€246,801 | -€149,404 | -€81,750 | -€47,378 | ▲ 42.0% |
| Change in cash | - | €130,815 | -€54,123 | €122,000 | -€108,616 | -€114,333 | €14,960 | €109,103 | ▲ 629% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as RETROCONSTRUCT has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of RETROCONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 10,904 companies, not a prediction for RETROCONSTRUCT. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-06-2026 | 2026-00176956 | |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00300159 | |
| 31-12-2023 | abbreviated format | 28-06-2024 | 2024-00189767 | |
| 31-12-2022 | abbreviated format | 29-06-2023 | 2023-00192670 | |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20312677 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62100102 | |
| 31-12-2019 | micro format | 18-09-2020 | 2020-54200272 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-24500288 | |
| 31-12-2017 | micro format | 16-07-2018 | 2018-33200371 | |
| 31-12-2016 | abbreviated format | 02-06-2017 | 2017-14800167 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 12-10-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| DELODDER Rik Stefaan |
|
| DELODDER Diederik |
|
| DELODDER Robin |
|
Network & group
RETROCONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of RETROCONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-10
Gazette deed
3 directors appointed, 1 director resigningChange of role: DELODDER Rik Stefaan, from manager to director · Appointments: DELODDER Robin (bestuurder opvolger) and DELODDER Diederik (bestuurder opvolger) · Capital conversion12 points ▸
- General meeting, 29-09-2023
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan bepalingen Wetboek van vennootschappen en verenigingen en rechtsvorm besloten vennoots…” (deed in Dutch)
- Capital conversion, “Tweede besluit statutair onbeschikbare eigenvermogensrekening”, EUR (deed in Dutch)
- Amendment of the articles
- Director resignation, DELODDER Rik Stefaan (manager)
- Director appointment, DELODDER Rik Stefaan (director (not named in the articles))
- Director discharge, DELODDER Rik Stefaan
- Director appointment, DELODDER Robin (bestuurder opvolger)
- Director appointment, DELODDER Diederik (bestuurder opvolger)
- Registered office clause, “precies adres buiten statuten gelaten, 9771 Kruisem,Herlegemstraat 5” (deed in Dutch)
- Power of attorney, Michel van TIEGHEM de TEN BERGHE
- Power of attorney
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
45 activities
- Schrijnwerk van hout of van kunststof.
- De montage van buiten- en binnenschrijnwerk van hout of van kunststof zoals deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,en dergelijke meer.
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,en dies meer,in hout of kunststof.
- De montage van serres,veranda's,en dies meer,in hout of kunststof.
- Plaatsen van vloerbedekking van hout of andere materialen.
- Zagen,schaven en impregneren van hout.
- De vervaardiging van schrijn- en timmerwerk,artikelen van hout zoals balken,liggers,kepers,deuren,ramen,kozijnen,luiken,trappen en leuningen,houten staaflijsten en dakspanen,blokjes en lamellen voor parketvloeren,geprefabriceerde gebouwen van hout,caravans,en dies meer.
- Vervaardiging van meubels,stoelen,zetels,zitmeubelen voor woningen,kantoren,theaters,bioscopen,voertuigen,ongeacht het materiaal.
- Vervaardiging van kantoor-,winkel- en ateliermeubelen,ongeacht het materiaal.
- Vervaardiging van keukenmeubelen,eetkamer-,zitkamer- en slaapkamermeubelen.
- Handelsbemiddeling,groot- en kleinhandel in hout en bouwmaterialen,ijzerwaren en verf,sanitaire artikelen,schrijnwerk anders dan hout,zowel oude als nieuwe materialen.
- Handelsbemiddeling,groot- en kleinhandel,verhuur van machines,apparaten en werktuigen voor de industrie,gereedschapswerktuigen.
- Metaalschrijnwerk.
- De montage van buiten- en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,en dergelijke meer.
- De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,en dies meer in metaal.
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,en dies meer in metaal.
- De montage van serres,veranda's en dergelijke meer in metaal.
- De vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw.
- De vervaardiging van geprefabriceerde gebouwen,overwegend van metaal.
- De vervaardiging van metalen ramen,deuren,wanden en dergelijke.
- Het verven,graveren,en bedrukken van metaal alsook het bekleden met beschermende of decoratieve materialen.
- Het vervaardigen van cement en producten van vezelcement.
- Onderneming voor het aanbrengen van chape.
- Stukadoorswerk,aanbrengen van pleister- en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen- of buitenzijde van gebouwen en andere bouwwerken.
- Het plaatsen van tussenwanden van gipsplaten.
- Het grondverzet:graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,en dergelijke meer.
- Onderneming voor de aanleg en reparatie van rioleringen.
- Onderneming voor het slopen van gebouwen en andere bouwwerken en het ruimen van bouwterreinen.
- Sanering en dergelijke activiteiten.
- Het optrekken van de ruwbouw van individuele huizen,appartementsgebouwen,kantoorgebouwen evenals het optrekken van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen,ziekenhuizen,cultuur,sport,en dies meer.
- De montage van hangars,loodsen,schuren,silo's en dergelijke meer voor landbouwdoeleinden.
- Onderneming voor het bouwen van funderingen,inclusief heien,het vlechten van ijzer en aanbrengen van bekisting,het uitvoeren van metselwerk,het bouwen van schoorstenen en industriële ovens.
- Isolatiewerkzaamheden.
- Projectontwikkeling voor de nieuwbouw van individuele woningen of renovatiewerken,voor de bouw van appartementsgebouwen en de kantoorbouw.
- Projectontwikkeling voor de aanleg of renovatie van stadswijken,grondverkavelingen en ruilverkavelingen.
- Het toezien en algemene coördinatie van de bouwwerkzaamheden.
- Onderneming voor het uitvoeren van voegwerken.
- Plaatsen van vloer- en wandtegels,vloerbedekking van hout of andere materialen.
- Glaszetten,zoals het aanbrengen van glas,spiegels,en dies meer.
- De installatie van binnendeuren,scheidingswanden en dergelijke meer van glas.
- Dakbedekking en bouw van dakconstructies van ongeacht welk materiaal evenals het waterdicht maken van daken en dakterrassen.
- Onderneming voor het behandelen van muren met vochtwerende en waterafstotende producten.
- Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden en opritten.
- Overige gespecialiseerde werkzaamheden bouw.
- Aan- en verkoop - zowel volle eigendom,blote eigendom en/of vruchtgebruik van onroerende goederen.
Invoicing and payment
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 0893.518.567
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45031B0686/00E000 | Flanders | 1,632 m² | 1 · 283 m² | 8.3 m · 2 |