S & R CONSTRUCTION
ActiveThe computed 12-month bankruptcy probability of S & R CONSTRUCTION is 3.9% (moderate). The annual accounts of S & R CONSTRUCTION for fiscal year 2024 show a net loss of 71% of total assets and of 67% of the equity at the start of that year. The 2024 annual accounts show equity of €22k and a net result of €-46k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-23
Solvency60▼-30
Growth52=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.51 against 2.87 in 2023; short-term debt: 65.4% and cash: 25.8% of total assets), but 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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
34.6%
Return on assets
-70.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-46k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
75 d late
2022
61 d late
2021
32 d late
2020
289 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▼ 67.2%
2023 · €68k
2020: €18k
2021: €56k
2022: €74k
2023: €68k
2020 → 2024
Total assets
€65k▼ 38.3%
2023 · €105k
2020: €51k
2021: €107k
2022: €111k
2023: €105k
2020 → 2024
Net result
€-46k▼ 651%
2023 · €-6k
2020: €18k
2021: €38k
2022: €19k
2023: €-6k
2020 → 2024
Working capital
€22k▼ 68.1%
2023 · €68k
2020: €17k
2021: €54k
2022: €74k
2023: €68k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18k-€56k▲ 209%€74k▲ 33.4%€68k▼ 8.2%€22k▼ 67.2%
Operating result€25k-€54k▲ 120%€20k▼ 62.3%€3k▼ 87.1%€-36k
Net result€18k-€38k▲ 109%€19k▼ 50.6%€-6k€-46k▼ 651%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €36k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€700=
Current assets
€64k▼ 38.6%
Equity and liabilities €65k
Equity
€22k▼ 67.2%
Debt
€42k▲ 15.1%
The debt ratio rises from 35.1% to 65.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
34.6%▼
2023 · 64.9%
Current ratio
1.51▼
2023 · 2.87
Quick ratio
1.51▼
2023 · 2.87
Debt / equity
1.89▲
2023 · 0.54
ROE
-204.4%▼
2023 · -8.9%
ROA
-70.7%▼
2023 · -5.8%
Debt
€42k▲
2023 · €37k
Debt ≤ 1 year
€42k▲
2023 · €36k
Income taxes
€10k▲
2023 · €8k
Staff costs
€27k
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€105k€65k▼
Fixed assets21/28€700€700=
Financial fixed assets28€700€700=
Current assets29/58€105k€64k▼
Amounts receivable within one year40/41€55k€47k▼
Trade receivables40€54k€46k▼
Other amounts receivable41€859€1k▲
Cash at bank and in hand54/58€50k€17k▼
Deferred charges and accrued income490/1€491€722▲
Equity and liabilities
Total equity and liabilities10/49€105k€65k▼
Equity10/15€68k€22k▼
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€12k€-34k▼
Amounts payable17/49€37k€42k▲
Amounts payable within one year42/48€36k€42k▲
Financial debts43€9k€7k▼
Credit institutions430/8€9k€7k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€19k€30k▲
Taxes450/3€9k€12k▲
Remuneration and social security454/9€10k€17k▲
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€467-
Income statement
Code20232024
Non-recurring operating income76A€526-
Remuneration, social security and pensions62-€27k
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€177€115▼
Gross operating margin9900€5k€-7k▼
Operating profit (loss)9901€3k€-36k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€722€588▼
Recurring financial charges65€722€588▼
Profit (loss) for the period before taxes9903€2k€-36k▼
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€-6k€-46k▼
Profit (loss) for the period to be appropriated9905€-6k€-46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-34k▼
Profit (loss) brought forward from the previous period14P€18k€12k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
16-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 289 days late
2021
31-12
Financial
Highest result since 2020net €38k ▲109%
Operating result €54k, net result €38k, both a record.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Pieters-Leeuw · 2 establishment units since 2019
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.
Gieterijstraat 511601 Sint-Pieters-LeeuwGround area
2,582 m²
Building footprint
6,601 m²
Volume, LiDAR
34,325 m³
2 parcels, Flanders · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
S & R CONSTRUCTION
since 20192.290.833.162
S&R Construction
since 20222.358.731.974
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23069A0395/00A002 | Flanders | 1,540 m² | 1 · 6,251 m² | 14.4 m · 2 fl. |
| 23069A0191/00C002 | Flanders | 1,042 m² | 2 · 350 m² | 15.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 11,813 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
43331Floor and wall tiling
43410Roofing work
43422Screed work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.