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SOUSOU CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsKouter 10, 1500 Halle, BelgiumKBO/BCE: BE 0802.589.480
Summary

The computed 12-month bankruptcy probability of SOUSOU CONSTRUCT is 3.2% (moderate). The 2025 annual accounts show equity of €70,396 and a net result of €15,386. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 39% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€211,271total assets 2025
Equity
€70,396
Profit
€15,386
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Accounts filed 3 days late0 of 1 deed read
Why 51raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2023Latest accounts 3 days late; 2 of the last 3 lateSize: total assets €211,271Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Average
Solvency 58-26
equity 33.3% of total assets
Liquidity 32-16
short-term debt 66.7% · cash 14.1%
Profitability 78+76
return on assets 7.3%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.6%▲ +0.4 percentage points vs 11-2024 01-2025: 2.3%▼ -2.3 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.2%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.3%▲ +0.1 percentage points vs 06-2025 08-2025: 3.1%▲ +0.8 percentage points vs 07-2025 09-2025: 3.4%▲ +0.3 percentage points vs 08-2025 10-2025: 4.5%▲ +1.1 percentage points vs 09-2025 11-2025: 4.8%▲ +0.3 percentage points vs 10-2025 12-2025: 4.6%▼ -0.2 percentage points vs 11-2025 01-2026: 4.5%▼ -0.1 percentage points vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 4.4%▼ -0.1 percentage points vs 04-2026 06-2026: 4.2%▼ -0.2 percentage points vs 05-2026 07-2026: 4.3%▲ +0.1 percentage points vs 06-2026 08-2026: 5.0%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 3.2%▼ -1.8 percentage points vs 08-2026 10-2026: 3.2%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.38, compared with 1.87 in 2024, below the usual 1.5; short-term debt: 66.7% and cash: 14.1% of total assets), and 66.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 40% on solvency, 27% on liquidity, 57% on profitability and 70% on growth.

The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 3 days late; 2 of the last 3 late
NBB · filings
raises risk · Size: total assets €211,271
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
3 days late
2024
117 days late
2023
143 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 88 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 November (3 of the last 3 filed years within 114 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €15,386
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00378084.

Equity
€70,396▲ 28.0%
2024 · €55,009
Total assets
€211,271▲ 127%
2024 · €92,990
Net result
€15,386
2024 · -€12,698
Working capital
€54,113▲ 63.7%
2024 · €33,060
Trend over the years

2023 to 2025, 3 financial years

The operating result returns to profit in 2025: €35,335 after a loss of €9,271 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€35,335 2025 Net result€15,386 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€67,948--€9,271€35,335
Net result€67,707above the sector's middle half--€12,698below the sector's middle half€15,386within the sector's middle half
Equity€67,707within the sector's middle half-€55,009within the sector's middle half▼ 18.8%€70,396within the sector's middle half▲ 28.0%
Total assets€117,079within the sector's middle half-€92,990within the sector's middle half▼ 20.6%€211,271within the sector's middle half▲ 127%
Debt€49,372-€37,981▼ 23.1%€140,875▲ 271%
Working capital€49,955within the sector's middle half-€33,060within the sector's middle half▼ 33.8%€54,113within the sector's middle half▲ 63.7%
Solvency57.8%within the sector's middle half-59.2%within the sector's middle half▲ 1.3pp33.3%within the sector's middle half▼ 25.8pp
Current ratio2.27within the sector's middle half-1.87within the sector's middle half▼ 0.401.38within the sector's middle half▼ 0.49
Return on assets (ROA)57.8%above the sector's middle half--13.7%below the sector's middle half▼ 71.5pp7.3%within the sector's middle half▲ 20.9pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211,271
Fixed assets €16,282 ▼ 25.9%
Current assets €194,989 ▲ 175%
Equity and liabilities €211,271
Equity €70,396 ▲ 28.0%
Debt €140,875 ▲ 271%
Debt's share of the balance-sheet total rises from 40.8% to 66.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41,033▲
2024 · -€3,573
Cash flow
€21,084▲
2024 · -€7,000
Debt to equity
2.00▲
2024 · 0.69
ROE
21.9%▲
2024 · -23.1%
Interest coverage
13.90▲
2024 · -1.03
Debt ≤ 1 year
€140,875▲
2024 · €37,950
Income taxes
€17,122
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

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

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€92,990€211,271▲
Fixed assets21/28€21,980€16,282▼
Tangible fixed assets22/27€21,980€16,282▼
Leasing and similar rights25€21,980€16,282▼
Current assets29/58€71,010€194,989▲
Amounts receivable within one year40/41€58,399€165,164▲
Trade receivables40€53,806€159,103▲
Other amounts receivable41€4,593€6,061▲
Cash at bank and in hand54/58€12,566€29,779▲
Deferred charges and accrued income490/1€45€46▲
Equity and liabilities
Total equity and liabilities10/49€92,990€211,271▲
Equity10/15€55,009€70,396▲
Profit (loss) carried forward14€55,009€70,396▲
Amounts payable17/49€37,981€140,875▲
Amounts payable within one year42/48€37,950€140,875▲
Current portion of amounts payable after more than one year42€9,926-
Trade debts44€14,958€120,154▲
Suppliers440/4€14,958€120,154▲
Taxes, remuneration and social security45€13,066€20,722▲
Taxes450/3€3,240€2,125▼
Remuneration and social security454/9€9,826€18,597▲
Accrued charges and deferred income492/3€31-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,698€5,698=
Other operating charges640/8€654€652▼
Gross operating margin9900-€2,919€41,685▲
Operating profit (loss)9901-€9,271€35,335▲
Financial income75/76B€54€127▲
Recurring financial income75€54€127▲
Financial charges65/66B€3,481€2,953▼
Recurring financial charges65€3,481€2,953▼
Profit (loss) for the period before taxes9903-€12,698€32,509▲
Income taxes67/77-€17,122
Profit (loss) for the period9904-€12,698€15,386▲
Profit (loss) for the period to be appropriated9905-€12,698€15,386▲
Appropriation of the result
Profit (loss) to be appropriated9906€55,009€70,396▲
Profit (loss) brought forward from the previous period14P€67,707€55,009▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,698€5,698=
Other operating charges640/8-€654€652▼ 0.4%
Gross operating margin9900€67,948-€2,919€41,685-
Operating profit (loss)9901€67,948-€9,271€35,335-
Financial income75/76B-€54€127▲ 133%
Recurring financial income75-€54€127▲ 133%
Financial charges65/66B€241€3,481€2,953▼ 15.2%
Recurring financial charges65€241€3,481€2,953▼ 15.2%
Profit (loss) for the period before taxes9903€67,707-€12,698€32,509-
Income taxes67/77--€17,122-
Profit (loss) for the period9904€67,707-€12,698€15,386-
Profit (loss) for the period to be appropriated9905€67,707-€12,698€15,386-
Line202320242025Change
Assets
Total assets20/58€117,079€92,990€211,271▲ 127%
Fixed assets21/28€27,678€21,980€16,282▼ 25.9%
Tangible fixed assets22/27€27,678€21,980€16,282▼ 25.9%
Leasing and similar rights25€27,678€21,980€16,282▼ 25.9%
Current assets29/58€89,401€71,010€194,989▲ 175%
Amounts receivable within one year40/41€58,280€58,399€165,164▲ 183%
Trade receivables40€57,106€53,806€159,103▲ 196%
Other amounts receivable41€1,173€4,593€6,061▲ 32.0%
Cash at bank and in hand54/58€30,830€12,566€29,779▲ 137%
Deferred charges and accrued income490/1€291€45€46▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€117,079€92,990€211,271▲ 127%
Equity10/15€67,707€55,009€70,396▲ 28.0%
Profit (loss) carried forward14€67,707€55,009€70,396▲ 28.0%
Amounts payable17/49€49,372€37,981€140,875▲ 271%
Amounts payable after more than one year17€9,926---
Financial debts170/4€9,926---
Amounts payable within one year42/48€39,446€37,950€140,875▲ 271%
Current portion of amounts payable after more than one year42€9,630€9,926--
Trade debts44€21,074€14,958€120,154▲ 703%
Suppliers440/4€21,074€14,958€120,154▲ 703%
Taxes, remuneration and social security45€7,250€13,066€20,722▲ 58.6%
Taxes450/3-€3,240€2,125▼ 34.4%
Remuneration and social security454/9€7,250€9,826€18,597▲ 89.3%
Other amounts payable47/48€1,492---
Accrued charges and deferred income492/3-€31--
Line202320242025Change
Profit (loss) for the period9904€67,707-€12,698€15,386-
+ Depreciation and write-downs630-€5,698€5,698=
Operating cash flow (approximation)€67,707-€7,000€21,084-
Investment in fixed assets (approximation)-€0€0-
Change in cash--€18,264€17,213-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 03-08-2026 2026-00378084
31-12-2024 micro format 25-11-2025 2025-00570243
31-12-2023 micro format 21-12-2024 2024-00624051

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 13,344 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 9 June 2023, SOUSOU CONSTRUCT was incorporated as a private limited company.1 Total assets went from €117,079 in 2023 to €211,271 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
03-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 3 days late
2025
31-12
Financial Back to profitnet €15,386
Net result €15,386 after one loss-making year.
25-11
NBB filing Annual accounts filed
financial year 2024 · micro format · 117 days late
2024
31-12
Financial Weakest financial yearnet -€12,698
Net result drops to -€12,698, the lowest in the series; recovery starts the following year.
21-12
NBB filing Annual accounts filed
financial year 2023 · micro format · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-06-2023
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43320Joinery installation
43332Laying of wooden floor and wall coverings
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802589480
Also 9925:BE0802589480
Registered 24-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0802.589.480

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Halle · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
255 m²
Building footprint
91 m²
Building volume
415 m³
Parcel 23412I0189/00D003, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
Kouter 10, 1500 Halle
General construction of residential buildings
since 2023unit no. 2.346.280.837
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23412I0189/00D003 Flanders 255 m² 1 · 91 m² 8.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.