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S.R.-Construct

Active Private limited companyfounded 2023active for 3 yearsNijverheidsstraat 70, 2160 WommelgemKBO/BCE: BE 0804.835.229

Lifetime

1 annual account with figures
peak €78,799 (2024)
€78,799 
peak €75,899 (2024)
€75,899 
peak €78,399 (2024)
€78,399 
€73,431 
Board1 name since 2023
1 directorRAVACHE Steve
Documentsfilings and deeds
03-03-2026215 days late
2024micro format
First year with figures

Key points

from the 2024 annual accounts

Turnover

≈ €410,000 estimated

The micro format states no turnover.

Position in the sector

€75,899

Higher net result than 93% of companies in construction of buildings. Sector median €7,912 · 9,823 companies.

2024 accounts filed 215 days after the deadline

Checked score

18
Critical
Financially stronger than 52% of micro companies in construction of buildings (NACE 41)
Probability in this band: over 15.0%
Bankruptcy probability within 12 months
16.3% High
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.2%lowest value 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.6%▲ +0.4 percentage points vs 01-2025 03-2025: 5.0%▲ +0.4 percentage points vs 02-2025 04-2025: 5.0%● unchanged vs 03-2025 05-2025: 4.8%▼ -0.2 percentage points vs 04-2025 06-2025: 4.8%● unchanged vs 05-2025 07-2025: 5.1%▲ +0.3 percentage points vs 06-2025 08-2025: 5.3%▲ +0.2 percentage points vs 07-2025 09-2025: 5.3%● unchanged vs 08-2025 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 01-2026: 5.3% 02-2026: 5.3%● unchanged vs 01-2026 03-2026: 8.5%▲ +3.2 percentage points vs 02-2026 04-2026: 13.5%▲ +5.0 percentage points vs 03-2026 05-2026: 14.0%▲ +0.5 percentage points vs 04-2026 06-2026: 13.9%▼ -0.1 percentage points vs 05-2026 07-2026: 13.7%▼ -0.2 percentage points vs 06-2026 08-2026: 13.7%● unchanged vs 07-2026 09-2026: 13.9%▲ +0.2 percentage points vs 08-2026 10-2026: 16.3%▲ +2.4 percentage points vs 09-2026highest value 11-2026: 16.3%● unchanged vs 10-2026highest value

Financial strength
Strong

77equity 51.6% of total assets
2cash 0.9%
100return on assets 50.0%

Score breakdown

raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 215 days late; 1 of the last 3 accounts late
1 change of registered office in 24 months
Size: total assets €151,830
Figures for financial year 2024 (filed on 06-03-2026)
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 41, micro). It does better than 60% of them on solvency, 4% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as S.R.-Construct has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of S.R.-Construct itself is higher: 16.3% within 12 months. It rests on far more data about S.R.-Construct than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for S.R.-Construct. 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.

Credit verdict

No credit on open account

Cash is 0.9% of total assets. 48.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 215 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €151,830
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 06-03-2026)
NBB · annual accounts
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · 2024 accounts filed 215 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-03-2026, 215 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
215 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 215 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

RS
Director, since 10-08-2023
  • RAVACHE Steve founderdeed of 18-08-2023
Board & ownership

Recent changes

Registered office moved from Antwerp to Wommelgem New registered office: Nijverheidsstraat 70 2160 Wommelgem · Previous registered office: Noorderlaan 147 bus 9 2030 Antwerpen · Board meeting of 27-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804835229
Bankruptcy reversal Enterprise Court of Antwerp, Antwerp division · judgment of 24-12-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 13-11-2025 · Bankruptcy
All 7 events

Comparable companies

same main activity, similar in size and age
Company
S.R.-Construct Wommelgem €151,830 €78,799 51.6% -
Algemene bouwwerken WDK Mechelen €137,541 €83,404 43.2% -
Van Calster F. Beerse €154,970 €70,044 61.3% -
Allround-Projects Lier €146,566 €93,383 79.3% -
Heda Projects Herenthout €151,590 €71,378 59.5% -
WF Projects Mechelen €152,601 €66,991 68.5% -
GEOBUILD Brecht €150,020 €87,445 48.6% 0.7

These companies have the same main activity as S.R.-Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €138,000 and €155,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 16-08-2023Normal situation
Registered office
282 active companies are registered at this address24 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.349.705.8282030 Antwerp, since 16-08-2023
Financial year end
31 December
Peppol
Reachable since 07-01-2026
Company details

Annual accounts 2024

€151,830
Filing
Filed on 03-03-2026
Financials

Insights on S.R.-Construct

The file of S.R.-Construct contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 16.3% (high).

The 2024 annual accounts show equity of €78,399 and a net result of €75,899. Its solvency ranks better than 60% of 9,833 sector peers (NACE 41, financial year 2024).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about S.R.-Construct

What is the company number of S.R.-Construct?
The company number of S.R.-Construct is 0804.835.229. The VAT number is the same number with BE in front: BE 0804.835.229.
Where is S.R.-Construct based?
The registered office is at Nijverheidsstraat 70, 2160 Wommelgem.Company details
What does S.R.-Construct do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of S.R.-Construct?
S.R.-Construct is a private limited company (BV).
When was S.R.-Construct founded?
S.R.-Construct was founded on 16-08-2023.
Is S.R.-Construct still active?
Yes, S.R.-Construct is an active enterprise in the KBO register.
What is the turnover of S.R.-Construct?
The turnover in financial year 2024 is ≈ €410,000. This figure is estimated from the gross margin of €78,799 and 111 comparable companies (NACE 41001). It probably lies between €300,000 and €680,000.Financials
Is S.R.-Construct profitable?
In financial year 2024, S.R.-Construct made a profit of €75,899.
Where can I find the annual accounts of S.R.-Construct?
S.R.-Construct filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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