SELECT CONSTRUCT
ActiveSELECT CONSTRUCT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354k and a net result of €3k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 61% of 827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-1
Solvency68▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.53 against 1.69 in 2024; short-term debt: 8.8% and cash: 2.9% of total assets), but 57.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
42.7%
Return on assets
0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
183 d early
2023
187 d early
2022
171 d early
2021
172 d early
2020
177 d early
2019
179 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▼ 9.2%
2024 · €3k
2019: €2k
2020: €-8k
2021: €21k
2022: €13k
2023: €7k
2024: €3k
2019 → 2025
Working capital
€550k▲ 279%
2024 · €145k
2019: €106k
2020: €97k
2021: €575k
2022: €274k
2023: €142k
2024: €145k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€341k▲ 3.9%€348k▲ 2.0%€351k▲ 0.9%€354k▲ 0.8%
Operating result€25k-€18k▼ 26.4%€10k▼ 45.3%€5k▼ 53.5%€4k▼ 6.6%
Net result€21k-€13k▼ 39.8%€7k▼ 45.7%€3k▼ 56.4%€3k▼ 9.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €829k
Fixed assets
€206k▲ 0.2%
Current assets
€623k▲ 75.4%
Equity and liabilities €829k
Equity
€354k▲ 0.8%
Debt
€475k▲ 126%
The debt ratio rises from 37.4% to 57.3%. Equity and debt are higher.
Key figures and ratios
Solvency
42.7%▼
2024 · 62.6%
Current ratio
8.53▲
2024 · 1.69
Quick ratio
4.07▲
2024 · 0.35
Debt / equity
1.34▲
2024 · 0.60
ROE
0.8%▼
2024 · 0.9%
ROA
0.3%▼
2024 · 0.5%
Debt
€475k▲
2024 · €210k
Debt ≤ 1 year
€73k▼
2024 · €210k
Debt > 1 year
€402k
Income taxes
€976▼
2024 · €1k
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€561k€829k▲
Fixed assets21/28€206k€206k▲
Tangible fixed assets22/27€206k€206k=
Land and buildings22€206k€206k=
Financial fixed assets28-€450
Current assets29/58€355k€623k▲
Stocks and contracts in progress3€281k€326k▲
Stocks30/36€196k€241k▲
Contracts in progress37€85k€85k=
Amounts receivable within one year40/41€67k€273k▲
Trade receivables40-€2k
Other amounts receivable41€67k€271k▲
Cash at bank and in hand54/58€7k€24k▲
Deferred charges and accrued income490/1€210€562▲
Equity and liabilities
Total equity and liabilities10/49€561k€829k▲
Equity10/15€351k€354k▲
Contributions10/11€268k€268k=
Capital10-€268k
Issued capital100-€268k
Reserves13€18k€18k=
Non-distributable reserves130/1€18k€18k=
Legal reserve130-€18k
Reserves not available under the articles1311€18k-
Profit (loss) carried forward14€65k€68k▲
Amounts payable17/49€210k€475k▲
Amounts payable after more than one year17-€402k
Other amounts payable178/9-€402k
Amounts payable within one year42/48€210k€73k▼
Trade debts44€66k€30k▼
Suppliers440/4€66k€30k▼
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€143k€42k▼
Income statement
Code20242025
Gross operating margin9900€5k€4k▼
Operating profit (loss)9901€5k€4k▼
Financial charges65/66B€463€609▲
Recurring financial charges65€463€609▲
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77€1k€976▼
Profit (loss) for the period9904€3k€3k▼
Profit (loss) for the period to be appropriated9905€3k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€68k▲
Profit (loss) brought forward from the previous period14P€62k€65k▲
The notes to these accounts (5 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Liquidity times 5current ratio 8.53
Current ratio from 1.69 to 8.53; short-term debt falls from €210k to €73k.
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 5.39
Current ratio from 1.92 to 5.39.
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-8k ▼572%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Courcelles · 1 establishment unit since 1993
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.
Rue de Liège(CO) 56180 CourcellesGround area
1.4 ha
Building footprint
2,025 m²
Volume, LiDAR
12,551 m³
2 parcels, Wallonia · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SELECT CONSTRUCT
since 19932.061.758.358
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52322A0144/00T004 | Wallonia | 1.4 ha | 1 · 1,947 m² | 8.8 m · 2 fl. |
| 52011B0108/00R000 | Wallonia | 144 m² | 1 · 79 m² | 13.6 m · 4 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.
Similar companies · same sector, comparable size
M&K TOITURES
BE 0837.193.934
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STRUXURA
BE 0846.250.962
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BOUWONDERNEMING MERTENS & ZOON
BE 0439.231.638
Laakdal · Eq €354k
PREFAB JANSSEN
BE 0465.012.258
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JANCO
BE 0843.634.833
Schoten · Eq €354k
Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 10,459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1993
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.