SHEREK CONSTRUCT
ActiveSHEREK CONSTRUCT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €308k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 7331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+23
Solvency84▲+11
Growth83=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.88 in 2024; short-term debt: 39.1% and cash: 22.4% of total assets), and 41.2% 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.
−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 · 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
58.8%
Return on assets
17.9%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
6 d late
2023
7 d late
2022
26 d late
2021
18 d early
2020
10 d early
2019
214 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€5.17M▼ 17.1%
2023 · €6.24M
2022: €3.69M
2023: €6.24M
2022 → 2024
EBIT margin
4.6%▼ 3.7pp
2023 · 8.3%
2022: 9.8%
2023: 8.3%
2022 → 2024
Net result
€308k▲ 72.3%
2024 · €179k
2018: €75k
2019: €69k
2020: €96k
2021: €271k
2022: €285k
2023: €419k
2024: €179k
2018 → 2025
Working capital
€916k▲ 33.9%
2024 · €684k
2018: €75k
2019: €96k
2020: €122k
2021: €151k
2022: €320k
2023: €515k
2024: €684k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.69M€6.24M▲ 69.2%€5.17M▼ 17.1%
Equity€189k-€364k▲ 92.8%€583k▲ 60.4%€762k▲ 30.6%€1.01M▲ 32.7%
Operating result€322k-€361k▲ 12.2%€518k▲ 43.5%€238k▼ 54.0%€389k▲ 63.3%
Net result€271k-€285k▲ 5.0%€419k▲ 47.3%€179k▼ 57.4%€308k▲ 72.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€129k▲ 8.6%
Current assets
€1.59M▲ 8.3%
Equity and liabilities €1.72M
Equity
€1.01M▲ 32.7%
Debt
€708k▼ 14.2%
The debt ratio falls from 52.0% to 41.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€405k▲
2024 · €256k
Cash flow
€324k▲
2024 · €197k
Solvency
58.8%▲
2024 · 48.0%
Current ratio
2.36▲
2024 · 1.88
Quick ratio
2.36▲
2024 · 1.88
Debt / equity
0.70▼
2024 · 1.08
ROE
30.4%▲
2024 · 23.5%
ROA
17.9%▲
2024 · 11.3%
Interest coverage
158.58▲
2024 · 88.84
Debt
€708k▼
2024 · €825k
Debt ≤ 1 year
€672k▼
2024 · €781k
Debt > 1 year
€36k▼
2024 · €43k
Income taxes
€116k▲
2024 · €71k
Staff costs
€145k▲
2024 · €109k
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€1.59M€1.72M▲
Formation expenses20€2k€2k=
Fixed assets21/28€119k€129k▲
Tangible fixed assets22/27€95k€99k▲
Land and buildings22€74k€68k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€18k€29k▲
Financial fixed assets28€24k€30k▲
Current assets29/58€1.47M€1.59M▲
Amounts receivable within one year40/41€918k€1.20M▲
Trade receivables40€838k€1.12M▲
Other amounts receivable41€80k€78k▼
Cash at bank and in hand54/58€543k€384k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.72M▲
Equity10/15€762k€1.01M▲
Contributions10/11€24k€24k=
Reserves13€738k€987k▲
Distributable reserves133€738k€987k▲
Amounts payable17/49€825k€708k▼
Amounts payable after more than one year17€43k€36k▼
Financial debts170/4€43k€36k▼
Amounts payable within one year42/48€781k€672k▼
Current portion of amounts payable after more than one year42€7k€14k▲
Trade debts44€587k€515k▼
Suppliers440/4€587k€515k▼
Taxes, remuneration and social security45€141k€93k▼
Taxes450/3€133k€79k▼
Remuneration and social security454/9€8k€14k▲
Other amounts payable47/48€46k€51k▲
Income statement
Code20242025
Turnover70€5.17M-
Goods, raw materials, services and sundry goods60/61€4.82M-
Remuneration, social security and pensions62€109k€145k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€16k▼
Other operating charges640/8€16k€8k▼
Non-recurring operating charges66A€299€4k▲
Gross operating margin9900€382k€563k▲
Operating profit (loss)9901€238k€389k▲
Financial income75/76B€15k€37k▲
Recurring financial income75€15k€37k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€250k€424k▲
Income taxes67/77€71k€116k▲
Profit (loss) for the period9904€179k€308k▲
Profit (loss) for the period to be appropriated9905€179k€308k▲
Appropriation of the result
Profit (loss) to be appropriated9906€179k€308k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€179k€249k▲
To other reserves6921€179k€249k▲
Profit to be distributed694/7-€59k
Return on contributions (dividend)694-€59k
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €1MEq €1.01M ▲32.7%
8 profitable years in a row build equity to €1.01M.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Highest result since 2018net €419k ▲47.3%
Operating result €518k, net result €419k, both a record.
31-12
Financial
Equity above €500kEq €583k ▲60.4%
6 profitable years in a row build equity to €583k.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-12
Financial
Equity above €200kEq €364k ▲92.8%
5 profitable years in a row build equity to €364k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €189k ▲51.6%
4 profitable years in a row build equity to €189k.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 214 days late
2019
31-12
Financial
Weakest financial yearnet €69k ▼7.6%
Net result drops to €69k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €106k ▲12.1%
2 profitable years in a row build equity to €106k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Waremme · 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.
Haute Wegge 6B4300 WaremmeGround area
582 m²
Building footprint
85 m²
Volume, LiDAR
678 m³
Parcel 64074C0206/00A002, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sherek Construct
since 20142.242.377.902
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64074C0206/00A002 | Wallonia | 582 m² | 1 · 85 m² | 10.1 m · 3 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
2 categoriesSHEREK CONSTRUCT SRL41535
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 6,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0493344433