S.C. CONSTRUCT
The computed 12-month bankruptcy probability of S.C. CONSTRUCT is 3.1% (moderate). The 2024 annual accounts show equity of €8k and a net result of €-4k. Equity is shrinking by ~25.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 3845 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €8k |
| Net result | €-4k |
| Better than sector | 14% |
| Active | 6 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.2% | 39.5% | |
| Net result | €-4k | €9k | |
| Equity | €8k | €29k | |
| Gross operating margin | €19k | €26k | |
| Staff costs | €5k | €16k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €12k | €5k | €8k | €24k |
| Net profit | €-4k | €-7k | €270 | €18k |
| Cash flow | €8k | €-965 | €3k | €19k |
| Staff costs | €5k | €318 | €262 | - |
| Income taxes | €789 | €515 | €1k | €5k |
| Dividends | - | - | - | - |
| Total assets | €153k | €129k | €145k | €38k |
| Equity | €8k | €12k | €20k | €19k |
| Debt | €145k | €116k | €125k | €19k |
| of which ≤ 1y | €121k | €84k | €125k | €19k |
| of which > 1y | €24k | €32k | - | - |
| Working capital | €-9k | €-7k | €4k | €12k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.92 | 0.92 | 1.03 | 1.60 |
| Quick ratio | 0.92 | 0.92 | 1.03 | 1.60 |
| Working capital ratio | -6.0% | -5.1% | 2.7% | 30.0% |
| Solvency | 5.2% | 9.7% | 13.6% | 50.4% |
| Debt / equity | 18.05 | 9.34 | 6.38 | 0.98 |
| Long-term debt ratio | 2.98 | 2.61 | - | - |
| Interest coverage | 4.68 | 0.92 | 2.46 | 73.28 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -2.9% | -5.6% | 0.2% | 47.3% |
| ROE | -55.2% | -58.1% | 1.4% | 93.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €153k | €129k | €145k | €38k |
| Fixed assets | 21/28 | €41k | €51k | €16k | €8k |
| Tangible fixed assets | 22/27 | €41k | €51k | €16k | €8k |
| Current assets | 29/58 | €112k | €77k | €129k | €31k |
| Amounts receivable within one year | 40/41 | €108k | €73k | €106k | €22k |
| Cash & bank | 54/58 | €2k | €3k | €16k | €8k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €153k | €129k | €145k | €38k |
| Equity | 10/15 | €8k | €12k | €20k | €19k |
| Contributions / capital | 10/11 | €1k | €1k | €1k | €1k |
| Accumulated profits (losses) | 14 | €7k | €11k | €18k | €18k |
| Amounts payable | 17/49 | €145k | €116k | €125k | €19k |
| Amounts payable after one year | 17 | €24k | €32k | - | - |
| Amounts payable within one year | 42/48 | €121k | €84k | €125k | €19k |
| Trade debts payable within one year | 44 | €109k | €65k | €108k | €14k |
| Income statement | |||||
| Gross operating margin | 9900 | €19k | €19k | €9k | €25k |
| Operating result | 9901 | €-1k | €-916 | €5k | €23k |
| Financial income | 75 | €38 | €19 | €0 | €0 |
| Financial charges | 65 | €2k | €6k | €3k | €333 |
| Result before taxes | 9903 | €-4k | €-7k | €2k | €23k |
| Income taxes | 67/77 | €789 | €515 | €1k | €5k |
| Net result for the period | 9904 | €-4k | €-7k | €270 | €18k |
| Result to be appropriated | 9905 | €-4k | €-7k | €270 | €18k |
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 14-08-2020 |
| Status | Active |
| Postal code | 4690 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62044A0266/00P000 | Wallonia | 1,780 m² | 1 · 152 m² | 9.0 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-10-2023 Registered office moved from Voeren to BASSENGE
- Varnstraat 2, 3793 Voeren Antwerpen, afdeling TONGEREN → Rue Oborne 56, 4690 BASSENGE
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue Oborne 56, 4690 BASSENGE",
"city": "BASSENGE",
"region": "waals_gewest",
"street": "Rue Oborne",
"country": "BE",
"postcode": "4690",
"box_number": null,
"street_number": "56",
"locality_suffix": null
},
"old_address": {
"raw": "Varnstraat 2, 3793 Voeren Antwerpen, afdeling TONGEREN",
"city": "Voeren",
"region": "vlaams_gewest",
"street": "Varnstraat",
"country": "BE",
"postcode": "3793",
"box_number": null,
"street_number": "2",
"locality_suffix": "TONGEREN"
},
"effective_date": "2023-10-02",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Voeren",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-10-02",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-10-02",
"unanimous": null
},
"subject_company": {
"kbo": "0752.612.706",
"name_full": "S.C. CONSTRU\u0421\u0422",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "SALAMONE Calogero",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"kopie na neerlegging van de akte ter griffienmingsrechtbank"
]
}| Legal nameNL | S.C. CONSTRUCT |