SKB Construct
ActiveSummary
SKB Construct has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €216,821 and a net result of €3,546. Equity has been growing by about 9.4% per year since 2019. Its solvency ranks better than 35% of 907 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-05-2009 Normal situation
- Activity
- Roofing work NACE 43410and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 31-03-2026
- Establishment unit
- 2.178.876.653 2230 Herselt, since 05-05-2009
- Financial year end
- 31 March
- Peppol
- Reachable since 24-11-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €190,405
- ▼ 3.8%
- Turnover
- ≈ €620,000
- estimated
- Profit
- €3,546
- ▼ 82.5%
- Equity
- €216,821
- ▲ 1.7%
- Total assets
- €582,296
- ▲ 1.4%
- Employees on 31-03-2026
- 2
- ▲ 100%
Score breakdownraises riskLiquidity: current ratio 1.17, cash €241, halvedSector: Specialised construction activities (NACE 43)lowers riskFounded in 2009Size: total assets €582,296Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 40% of them on solvency, 23% on liquidity, 30% on profitability and 40% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 15-10-2026 at the NBB all 17 filings
Every figure per financial year
The operating result for 2026 is 18% lower than in 2025 and the lowest since 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 1 | 1 | 2 |
| full-time | 1 | 2 | 1 | - | 2 |
| part-time | - | - | - | 1 | - |
| in full-time equivalents | 1 | 2 | 1 | 0.8 | 2 |
| Average over the year, in full-time equivalents | 1 | 1.3 | 1.3 | 0.8 | 1.8 |
| On a permanent contract | 1 | 2 | 1 | 1 | 2 |
| Joined | - | 1 | 0 | - | 1 |
| Left | - | 0 | 1 | - | 0 |
| Training hours | - | - | 2 | - | - |
Source: social balance sheet in the 2022 to 2026 annual accounts
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €95,000 | €95,000 | €95,000 | - | €95,000 |
| Carrying value of the mortgaged assets | €173,249 | €107,900 | €100,550 | - | €85,850 |
| Pledge on other assets, amount secured | €359,000 | €359,000 | €359,000 | - | €359,000 |
| Carrying value of the other pledged assets | €266,405 | €215,119 | €163,833 | - | €90,038 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €53,032 | €137,388 | €1,275 | €92,053 | €120,793 |
| Depreciation and write-downs of the year | €86,281 | €74,595 | €88,342 | €67,989 | €61,558 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €67,552 | €76,236 | €77,456 | €61,557 | €87,375 | ▲ 41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,854 | €34,561 | €60,681 | €86,281 | €74,595 | €88,342 | €67,989 | €61,558 | ▼ 9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€2,790 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €4,475 | €5,518 | €7,059 | €20,367 | €2,043 | ▼ 90.0% |
| Non-recurring operating charges66A | - | - | - | - | €14,552 | - | - | - | - |
| Gross operating margin9900 | €84,742 | €128,814 | €247,202 | €235,688 | €240,848 | €213,988 | €197,936 | €190,405 | ▼ 3.8% |
| Operating profit (loss)9901 | €15,138 | €18,317 | €109,319 | €80,170 | €69,947 | €41,132 | €48,024 | €39,428 | ▼ 17.9% |
| Financial income75/76B | - | - | - | €1,131 | €2,305 | €3,416 | €2,458 | €2,871 | ▲ 16.8% |
| Recurring financial income75 | €99 | - | €898 | €1,131 | €2,305 | €3,416 | €2,458 | €2,871 | ▲ 16.8% |
| Financial charges65/66B | - | - | - | €18,081 | €17,486 | €18,999 | €20,199 | €32,687 | ▲ 61.8% |
| Recurring financial charges65 | €13,138 | €13,939 | €16,504 | €18,081 | €17,486 | €18,850 | €20,199 | €19,234 | ▼ 4.8% |
| Non-recurring financial charges66B | - | - | - | - | - | €150 | - | €13,452 | - |
| Profit (loss) for the period before taxes9903 | €2,100 | €4,378 | €93,713 | €63,220 | €54,765 | €25,549 | €30,282 | €9,612 | ▼ 68.3% |
| Income taxes67/77 | - | €4,297 | €15,593 | €20,000 | €18,979 | €10,085 | €10,058 | €6,066 | ▼ 39.7% |
| Profit (loss) for the period9904 | €2,100 | €81 | €78,120 | €43,220 | €35,787 | €15,464 | €20,225 | €3,546 | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €2,100 | €81 | €78,120 | €43,220 | €35,787 | €15,464 | €20,225 | €3,546 | ▼ 82.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €364,250 | €312,969 | €661,788 | €655,866 | €761,635 | €615,556 | €574,150 | €582,296 | ▲ 1.4% |
| Fixed assets21/28 | €246,505 | €222,664 | €527,650 | €494,402 | €445,076 | €354,273 | €298,514 | €345,360 | ▲ 15.7% |
| Tangible fixed assets22/27 | €246,260 | €222,664 | €527,650 | €494,402 | €445,076 | €354,273 | €298,514 | €345,360 | ▲ 15.7% |
| Land and buildings22 | - | - | - | €173,249 | €107,900 | €100,550 | €96,478 | €88,795 | ▼ 8.0% |
| Plant, machinery and equipment23 | - | - | - | €3,069 | €3,475 | €3,263 | €6,242 | €7,337 | ▲ 17.5% |
| Furniture and vehicles24 | - | - | - | €44,724 | €113,587 | €83,591 | €75,850 | €153,551 | ▲ 102% |
| Leasing and similar rights25 | - | - | - | €266,405 | €215,119 | €163,833 | €112,548 | €90,038 | ▼ 20.0% |
| Other tangible fixed assets26 | - | - | - | €6,955 | €4,995 | €3,035 | €7,396 | €5,639 | ▼ 23.8% |
| Financial fixed assets28 | €245 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €117,745 | €90,305 | €134,137 | €161,464 | €316,559 | €261,283 | €275,637 | €236,935 | ▼ 14.0% |
| Amounts receivable after more than one year29 | - | - | - | €83,834 | €166,269 | €90,709 | €109,277 | €153,494 | ▲ 40.5% |
| Other amounts receivable291 | - | - | - | €83,834 | €166,269 | €90,709 | €109,277 | €153,494 | ▲ 40.5% |
| Stocks and contracts in progress3 | €5,320 | €3,651 | €3,336 | €45,480 | €41,019 | €3,708 | €3,383 | €12,307 | ▲ 264% |
| Stocks30/36 | - | - | - | €2,937 | €3,014 | €3,708 | €3,383 | €12,307 | ▲ 264% |
| Contracts in progress37 | - | - | - | €42,543 | €38,006 | - | - | - | - |
| Amounts receivable within one year40/41 | €104,060 | €77,424 | €63,373 | €18,559 | €96,929 | €151,833 | €150,791 | €66,787 | ▼ 55.7% |
| Trade receivables40 | - | - | - | €4,828 | €84,899 | €128,679 | €125,315 | €55,884 | ▼ 55.4% |
| Other amounts receivable41 | - | - | - | €13,732 | €12,030 | €23,154 | €25,477 | €10,902 | ▼ 57.2% |
| Cash at bank and in hand54/58 | €1,448 | €1,830 | €426 | €1,936 | €2,721 | €6,060 | €3,041 | €241 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | - | - | - | €11,655 | €9,620 | €8,973 | €9,145 | €4,107 | ▼ 55.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €364,250 | €312,969 | €661,788 | €655,866 | €761,635 | €615,556 | €574,150 | €582,296 | ▲ 1.4% |
| Equity10/15 | €98,309 | €98,391 | €176,511 | €219,731 | €255,518 | €193,051 | €213,276 | €216,821 | ▲ 1.7% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €79,709 | €79,791 | €157,911 | €201,131 | €236,918 | €174,451 | €194,676 | €198,221 | ▲ 1.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €199,271 | €235,058 | €174,451 | €194,676 | €198,221 | ▲ 1.8% |
| Amounts payable17/49 | €265,941 | €214,579 | €485,277 | €436,135 | €506,117 | €422,505 | €360,875 | €365,474 | ▲ 1.3% |
| Amounts payable after more than one year17 | €153,850 | €121,109 | €313,088 | €270,634 | €287,014 | €217,748 | €175,300 | €163,151 | ▼ 6.9% |
| Financial debts170/4 | - | - | - | €270,634 | €287,014 | €217,748 | €175,300 | €163,151 | ▼ 6.9% |
| Amounts payable within one year42/48 | €112,090 | €93,469 | €172,188 | €165,502 | €219,103 | €204,108 | €185,575 | €202,323 | ▲ 9.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €61,138 | €79,631 | €77,541 | €83,696 | €99,425 | ▲ 18.8% |
| Financial debts43 | - | - | - | €50,548 | €73,449 | €67,736 | €65,498 | €65,553 | ▲ 0.1% |
| Credit institutions430/8 | - | - | - | €50,548 | €73,449 | €67,736 | €65,498 | €65,553 | ▲ 0.1% |
| Trade debts44 | €14,948 | €16,912 | €36,145 | €51,220 | €59,017 | €54,528 | €29,025 | €33,795 | ▲ 16.4% |
| Suppliers440/4 | - | - | - | €51,220 | €59,017 | €54,528 | €29,025 | €33,795 | ▲ 16.4% |
| Taxes, remuneration and social security45 | - | - | - | €2,111 | €7,005 | €4,302 | €7,356 | €3,550 | ▼ 51.7% |
| Taxes450/3 | - | - | - | - | - | - | €1,362 | - | - |
| Remuneration and social security454/9 | - | - | - | €2,111 | €7,005 | €4,302 | €5,994 | €3,550 | ▼ 40.8% |
| Other amounts payable47/48 | - | - | - | €484 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €650 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,100 | €81 | €78,120 | €43,220 | €35,787 | €15,464 | €20,225 | €3,546 | ▼ 82.5% |
| + Depreciation and write-downs630 | €20,854 | €34,561 | €60,681 | €86,281 | €74,595 | €88,342 | €67,989 | €61,558 | ▼ 9.5% |
| Operating cash flow (approximation) | €22,954 | €34,642 | €138,802 | €129,501 | €110,382 | €103,805 | €88,214 | €65,104 | ▼ 26.2% |
| Investment in fixed assets (approximation) | - | -€10,720 | -€365,668 | -€53,032 | -€25,270 | €2,462 | -€12,230 | -€108,405 | ▼ 786% |
| Change in cash | - | €382 | -€1,404 | €1,510 | €785 | €3,339 | -€3,020 | -€2,800 | ▲ 7.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as SKB Construct has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of SKB Construct itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 10,904 companies, not a prediction for SKB 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 15-10-2026 | 2026-00558380 | |
| 31-03-2025 | micro format | 23-09-2025 | 2025-00499092 | |
| 31-03-2024 | micro format | 08-10-2024 | 2024-00501027 | |
| 31-03-2023 | micro format | 27-09-2023 | 2023-00455121 | |
| 31-03-2022 | micro format | 31-10-2022 | 2022-20477868 | |
| 31-03-2021 | micro format | 03-11-2021 | 2021-76000110 | |
| 31-03-2020 | micro format | 09-11-2020 | 2020-69900353 | |
| 31-03-2019 | micro format | 07-10-2019 | 2019-68700320 | |
| 31-03-2018 | micro format | 31-10-2018 | 2018-71500098 | |
| 31-03-2017 | micro format | 03-11-2017 | 2017-69100144 |
Board & ownership
Directors
Owners and capital
Shareholders
- GIELIS Kris Enige aandeelhouder · all shares
Capital transactions
- 29-11-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GIELIS Kris |
|
Network & group
SKB Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SKB Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-07
Gazette deed
Registered office moved from Laakdal to HerseltDirector in office3 points ▸
- Board meeting, 03-07-2024
- Registered-office move, Degstraat 6,2230 Herselt
- Director in office, Kris Gielis (director)
29-11
Gazette deed
Change of role: GIELIS Kris, from manager to directorAmendment of the articles · Capital conversion · Purpose change21 points ▸
- Other provision, “aanneming volledig nieuwe statuten, Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Other provision, “ontslag en herbenoeming zaakvoerder als bestuurder”, 6 (deed in Dutch)
- Other provision, “adres van de zetel”, 7 (deed in Dutch)
- Other provision, “website en e-mailadres”, 8 (deed in Dutch)
- Other provision, “volmachten”, 9 (deed in Dutch)
- General meeting, “enige aandeelhouder gebruik makende van haar machten als algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 4 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Purpose change
- Capital
- Director resignation, GIELIS Kris (manager)
- The act holds 9 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Lange Blok 98, 2431 Laakdal until 01-07-2024 · act of 25-07-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0811.574.749
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13013D0321/00E000 | Flanders | 3,550 m² | 1 · 219 m² | 7.2 m · 2 |