S - CONSTRUCT
ActiveS - CONSTRUCT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.18M and a net result of €56k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 2147 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-33
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 10.18 against 9.95 in 2024), and 10.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.9%
Return on assets
1.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
35 d early
2023
13 d early
2022
35 d early
2021
23 d early
2020
16 d early
2019
63 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.18M▲ 1.8%
2024 · €3.13M
2018: €1.81M
2019: €2.16M
2020: €2.16M
2021: €2.50M
2022: €2.63M
2023: €2.86M
2024: €3.13M
2018 → 2025
Total assets
€3.54M▲ 2.0%
2024 · €3.47M
2018: €2.35M
2019: €2.70M
2020: €2.58M
2021: €2.94M
2022: €3.25M
2023: €3.27M
2024: €3.47M
2018 → 2025
Net result
€56k▼ 78.8%
2024 · €265k
2018: €157k
2019: €349k
2020: €5k
2021: €338k
2022: €127k
2023: €236k
2024: €265k
2018 → 2025
Working capital
€3.07M▲ 0.1%
2024 · €3.07M
2018: €1.79M
2019: €2.13M
2020: €2.12M
2021: €2.47M
2022: €2.59M
2023: €2.80M
2024: €3.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.50M-€2.63M▲ 5.1%€2.86M▲ 9.0%€3.13M▲ 9.3%€3.18M▲ 1.8%
Operating result€448k-€196k▼ 56.4%€314k▲ 60.5%€293k▼ 6.6%€39k▼ 86.6%
Net result€338k-€127k▼ 62.4%€236k▲ 85.8%€265k▲ 12.6%€56k▼ 78.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 87% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.54M
Fixed assets
€134k▲ 131%
Current assets
€3.41M▼ 0.1%
Equity and liabilities €3.54M
Equity
€3.18M▲ 1.8%
Debt
€357k▲ 4.2%
The debt ratio rises from 9.9% to 10.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€57k▼
2024 · €331k
Cash flow
€74k▼
2024 · €303k
Solvency
89.9%▼
2024 · 90.1%
Current ratio
10.18▲
2024 · 9.95
Quick ratio
10.08▲
2024 · 9.88
Debt / equity
0.11▲
2024 · 0.11
ROE
1.8%▼
2024 · 8.5%
ROA
1.6%▼
2024 · 7.6%
Interest coverage
26.38▼
2024 · 209.04
Debt
€357k▲
2024 · €343k
Debt ≤ 1 year
€335k▼
2024 · €343k
Debt > 1 year
€23k
Income taxes
€22k▼
2024 · €123k
Staff costs
€435k▲
2024 · €346k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.47M€3.54M▲
Fixed assets21/28€58k€134k▲
Tangible fixed assets22/27€52k€124k▲
Land and buildings22-€40k
Plant, machinery and equipment23€22k€17k▼
Furniture and vehicles24€30k€20k▼
Leasing and similar rights25-€47k
Financial fixed assets28€6k€9k▲
Current assets29/58€3.41M€3.41M▼
Stocks and contracts in progress3€24k€32k▲
Stocks30/36€9k€3k▼
Contracts in progress37€15k€29k▲
Amounts receivable within one year40/41€614k€186k▼
Trade receivables40€207k€43k▼
Other amounts receivable41€407k€143k▼
Cash at bank and in hand54/58€2.77M€3.19M▲
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.54M▲
Equity10/15€3.13M€3.18M▲
Contributions10/11€1.12M€1.12M=
Reserves13€2.01M€2.07M▲
Non-distributable reserves130/1€112k€112k=
Reserves not available under the articles1311€112k€112k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€1.87M€1.93M▲
Amounts payable17/49€343k€357k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€343k€335k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€204k€246k▲
Suppliers440/4€204k€246k▲
Taxes, remuneration and social security45€139k€81k▼
Taxes450/3€116k€43k▼
Remuneration and social security454/9€23k€38k▲
Income statement
Code20242025
Remuneration, social security and pensions62€346k€435k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€18k▼
Other operating charges640/8€7k€10k▲
Gross operating margin9900€685k€503k▼
Operating profit (loss)9901€293k€39k▼
Financial income75/76B€97k€42k▼
Recurring financial income75€91k€42k▼
Non-recurring financial income76B€6k-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€388k€79k▼
Income taxes67/77€123k€22k▼
Profit (loss) for the period9904€265k€56k▼
Profit (loss) for the period to be appropriated9905€265k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€265k€56k▼
Transfer to equity691/2€265k€56k▼
To other reserves6921€265k€56k▼
Social balance
Average headcount (FTE)908710.811.4▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €5k ▼98.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-12
Financial
Highest result since 2018net €349k ▲123%
Operating result €456k, net result €349k, both a record.
31-12
Financial
Equity above €2MEq €2.16M ▲19.3%
2 profitable years in a row build equity to €2.16M.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Puurs-Sint-Amands · 1 establishment unit since 1999
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.
Overheide 982870 Puurs-Sint-AmandsGround area
812 m²
Building footprint
133 m²
Volume, LiDAR
878 m³
Parcel 12030A0259/00L000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Overheide 98, 2870 Puurs-Sint-Amands
since 19992.090.892.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12030A0259/00L000 | Flanders | 812 m² | 1 · 133 m² | 7.2 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesS - CONSTRUCT BV30201
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 2,816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-1999
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.