S-CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of S-CONSTRUCTION is 2.0% (moderate). The 2024 annual accounts show equity of €37k and a net result of €5k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 5898 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
75
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-29
Solvency53▲+28
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.17 in 2023), but 73% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27%
Return on assets
3.9%
Age of the figures
20 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
28 d late
2022
70 d late
2021
58 d late
2020
61 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 25.4%
2023 · €7k
2018: €4k
2019: €-38k
2020: €18k
2021: €38k
2022: €-21k
2023: €7k
2018 → 2024
Working capital
€46k▲ 46.3%
2023 · €31k
2018: €14k
2019: €-17k
2020: €3k
2021: €45k
2022: €24k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€45k▲ 538%€24k▼ 46.0%€31k▲ 28.7%€37k▲ 16.7%
Operating result€21k-€41k▲ 99.1%€21k▼ 48.3%€14k▼ 32.4%€13k▼ 11.3%
Net result€18k-€38k▲ 114%€-21k€7k€5k▼ 25.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 11% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €136k
Equity
€37k▲ 16.7%
Debt
€99k▼ 46.5%
The debt ratio falls from 85.5% to 73.0%: equity grows while debt is paid down.
Key figures and ratios
Solvency
27.0%▲
2023 · 14.5%
Current ratio
1.51▲
2023 · 1.17
Quick ratio
1.51▲
2023 · 1.17
Debt / equity
2.70▼
2023 · 5.89
ROE
14.3%▼
2023 · 22.3%
ROA
3.9%▲
2023 · 3.2%
Debt
€99k▼
2023 · €185k
Debt ≤ 1 year
€90k▼
2023 · €185k
Income taxes
€7k▼
2023 · €7k
Staff costs
€564k▼
2023 · €635k
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€216k€136k▼
Current assets29/58€216k€136k▼
Amounts receivable within one year40/41€102k€133k▲
Trade receivables40€79k€101k▲
Other amounts receivable41€22k€32k▲
Cash at bank and in hand54/58€115k€3k▼
Equity and liabilities
Total equity and liabilities10/49€216k€136k▼
Equity10/15€31k€37k▲
Contributions10/11€17k€17k=
Reserves13€652€652=
Non-distributable reserves130/1€652€652=
Reserves not available under the articles1311€652€652=
Profit (loss) carried forward14€14k€19k▲
Amounts payable17/49€185k€99k▼
Amounts payable within one year42/48€185k€90k▼
Trade debts44€90k€62k▼
Suppliers440/4€90k€62k▼
Taxes, remuneration and social security45€95k€28k▼
Taxes450/3€7k€8k▲
Remuneration and social security454/9€88k€20k▼
Accrued charges and deferred income492/3-€9k
Income statement
Code20232024
Non-recurring operating income76A-€345
Remuneration, social security and pensions62€635k€564k▼
Other operating charges640/8€10k€4k▼
Gross operating margin9900€660k€581k▼
Operating profit (loss)9901€14k€13k▼
Financial income75/76B€24-
Recurring financial income75€24-
Financial charges65/66B€280€466▲
Recurring financial charges65€280€466▲
Profit (loss) for the period before taxes9903€14k€12k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€7k€5k▼
Profit (loss) for the period to be appropriated9905€7k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€19k▲
Profit (loss) brought forward from the previous period14P€7k€14k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €38k ▲114%
Operating result €41k, net result €38k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-38k ▼1108%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2014
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.
Thomas Vinçottestraat 391030 SchaarbeekGround area
229 m²
Building footprint
151 m²
Volume, LiDAR
1,663 m³
Parcel 21906D0072/00T012, Brussels · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
S-CONSTRUCTION
since 20142.236.418.241
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0072/00T012 | Brussels | 229 m² | 1 · 151 m² | 17.0 m · 4 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.
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Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 2,324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2014
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/899.101