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SP Construct

Active Private limited companyfounded 2017active for 8 yearsVorstenbroek (Kessel) 7, 2560 NijlenKBO/BCE: BE 0686.712.191
SP Construct
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €42,484 (2023)
€5,369▼ 39.4%
lowest -€4,441 (2025)
-€4,441▼ €3,502
peak €54,637 (2023)
€49,257▼ 8.3%
€42,888▲ 28.7%
Board1 name since 2017
1 director
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from €8,866 to €5,369Loss of €4,441Debts from €33,316 to €42,888Cash from €14,164 to €27,416

Key points

from the 2025 annual accounts

Losses

-€5,380 in two years
-9392024-4,4412025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Turnover

≈ €45,000 estimated

The micro format states no turnover.

Position in the sector

-€4,441

Lower net result than 82% of companies in specialised construction. Sector median €9,999 · 37,159 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,440 companies had the same profile as SP Construct has now. Each dot stands for 9 companies, two years later.

90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 3,440 companies, not a prediction for SP 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.

Credit verdict

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

Board and ownership

Director, since 21-12-2017
  • 90 sharesdeed of 11-07-2023
  • 10 sharesdeed of 11-07-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0686712191
Registered office moved within Nijlen New registered office: Vorstenbroek 7, 2560 Nijlen (Kessel) · Previous registered office: Landstraat 28, 2560 Nijlen · Change of role: , from statutory manager to statutory director · General meeting of 05-06-2023 · Gazette deed
Registered office moved within Kessel New registered office: Landstraat 28 te 2560 Kessel · Previous registered office: Suikertorenweg 19 te 2560 Kessel · “Installatie & onderhoud van particuliere zwembaden,zwemvijvers,sauna,bubbelbaden(jacuzzi's)en aanverwanten…” (deed in Dutch) · General meeting of 01-06-2020 · Gazette deed
Incorporation Founding capital of €1,000, 100 shares · Appointment: (statutory manager) · Partner: (hoofdelijk aansprakelijke vennoot,beherende of werkende vennoot) · published on 27-12-2017 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
SP Construct Nijlen €92,145 €5,369 53.5% -
CBH ENTREPRISES Lasne €84,339 €6,514 58.9% -
DE GROOTE DAVID Beveren-Kruibeke-Zwijndrecht €112,852 €4,469 82.2% -
RCVI Houthalen-Helchteren €78,304 €4,668 79.5% -
RUTHEM Ghent €94,467 €5,776 62.9% -
Vermeeren Wim Waregem €77,016 €7,280 38.8% -
HS BUSINESS Charleroi €69,181 €4,716 13.5% -

These companies have the same main activity as SP Construct: plumbing work (NACE 43221). They are comparable in size and age: total assets between €69,200 and €113,000, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 21-12-2017Normal situation
Activity
Plumbing workNACE 43221and 2 others
Establishment unit
2.271.396.7382560 Nijlen, since 21-12-2017
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€5,369▼ 39.4%
€4,441▲ 373%
€49,257▼ 8.3%
€92,145▲ 5.9%
Filing
Filed on 19-06-2026, 42 days before the end of the filing period
Financials

Insights on SP Construct

SP Construct files the micro format. That format states no turnover. The gross margin fell from €42,484 in 2023 to €5,369 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 19-06-2026, 42 days before the deadline
€5,369
▼ 39.4%
-€2,214
▼ €3,749
-€4,441
▼ €3,502
€29,365
▼ 6.4%
53.5%
▼ 8.3 percentage points
2.02
▼ 0.98

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €45,000. Estimated: probably between €34,000 and €99,000.

Balance sheet

balance sheet total €92,145 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

53.5%

Higher than 57% of 37,177 companies in 2025.

2.02

Higher than 55% of 36,472 companies in 2025.

-4.8%

Higher than 16% of 36,707 companies in 2025.

SP Construct Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 92,14587,014131,995
21/28 33,89839,90340,660
22/27 33,89839,90340,660
22 25,74927,52029,291
23 4,8057,56710,481
24 3,3444,815888
29/58 58,24647,11191,335
40/41 27,35823,39570,097
40 22,48415,79364,922
41 4,8747,6025,175
54/58 27,41614,16413,544
490/1 3,4739,5527,694
Balance sheet: equity and liabilities
10/49 92,14587,014131,995
10/15 49,25753,69854,637
10/11 1,0001,0001,000
13 53,63753,63753,637
133 53,63753,63753,637
14 -5,380-939-
17/49 42,88833,31677,358
17 14,00717,59121,114
170/4 14,00717,59121,114
42/48 28,88115,72556,230
42 3,5843,5233,462
44 22,5333,52723,135
440/4 22,5333,52723,135
45 2,6742,6472,857
450/3 --280
454/9 2,6742,6472,577
47/48 896,02826,776
492/3 --15
Income statement
9900 5,3698,86642,484
630 6,0056,1765,862
640/8 1,2541,1561,201
66A 325--
9901 -2,2141,53435,421
75/76B 395223
75 395223
65/66B 2,0141,4561,230
65 2,0141,4561,230
9903 -4,19013034,213
67/77 2511,0698,197
9904 -4,441-93926,016
9905 -4,441-93926,016
Appropriation of the result
9906 -5,380-93920,225
14P -939--5,791
691/2 --20,225
6921 --20,225
Document PDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00185805 PDF
31-12-2024 micro format 27-06-2025 2025-00219244 PDF
31-12-2023 micro format 17-06-2024 2024-00145141 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
3,7907,71141,282
1,5645,23731,877
05,4203,846
13,251621-
29,36531,38635,106
53.5%61.7%41.4%
2.023.001.62
0.870.621.42
-9.0%-1.7%47.6%
-4.8%-1.1%19.7%
1.885.3033.55

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets-€5,420€3,846
€6,005€6,176€5,862

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on SP Construct

The operating result for 2025 is a loss of €2,214, after a profit of €1,534 in 2024. It is the lowest result since 2023.

Debt's share of the balance-sheet total rises from 38.3% to 46.5%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, no change since 2023
Statutory director
since 21-12-2017 term without a fixed end
earlier statutory manager, until 11-07-2023
listed in the 2025 annual accounts, filed on 19-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 11-07-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Statutory director
BoardEarlier
Mandates as a list
    • Statutory manager, from 21-12-2017 to 11-07-2023
    • Statutory director, appointed by deed of 11-07-2023, still in office

See the board, name and registered office on a given date →

Control

Shareholders
,
This company
SP Construct
Equity €49,257
Loss €4,441 in 2025

Capital

Capital
€1,000
Shares
100
Contribution per share
€10
Equity per share
€493 in 2025
Source
deed of 27-12-2017

Articles of association

deed of 11-07-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene vergadering bepaalt aantal duur bevoegdheid, natuurlijke of rechtspersonen al dan niet aandeelhouder”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 14:00

Shareholders

Stated in the deed deed of 11-07-2023 ↗
  • 90 shares
  • 10 shares
At incorporation deed of 27-12-2017 ↗
  • hoofdelijk aansprakelijke vennoot,beherende of werkende vennoot

Capital transactions

Capital over time
  1. 11-07-2023 Capital stated in the deed · 100 shares
  2. 27-12-2017 Incorporation · €1,000 · 100 shares

Network & group

No group

SP Construct has no parent and no holdings in its annual accounts. is the only director. SP Construct shares no director with another company.

Timeline

Timeline

9 events since 2017

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 42 days before the deadline
2025
Weakest financial year net -€4,441 The net result drops to -€4,441, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0686712191
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 44 days before the deadline
2023
Registered office moved within NijlenNew registered office: Vorstenbroek 7, 2560 Nijlen (Kessel) · Previous registered office: Landstraat 28, 2560 Nijlen · Change of role: , from statutory manager to statutory director · General meeting of 05-06-202314 points ▸
  • General meeting, 05-06-2023
  • Incorporation, 14-12-2017
  • Registered-office move, Vorstenbroek 7, 2560 Nijlen (Kessel), mentioned twice in the deed
  • Legal-form conversion, to limited partnership
  • holds 90 shares
  • holds 10 shares
  • 100 shares, mentioned twice in the deed
  • Legal-form conversion, from limited partnership to private limited company, mentioned twice in the deed
  • Purpose change, “De verkoop,de levering,de installatie en het onderhoud van particuliere en openbare zwembaden; De groot- en kleinhandel gespecialiseerd in de verkoop van…” (deed in Dutch)
  • Accounting effect, 31-03-2023
  • Purpose change, “uitbreiding zoals voorgesteld agendapunt” (deed in Dutch)
  • Director appointment, (statutory director)
  • Director resignation, (statutory manager)
  • Director discharge,
  • The deed holds 18 more points.

Open the deed in the Belgian Official Gazette

2020
Registered office moved within KesselNew registered office: Landstraat 28 te 2560 Kessel · Previous registered office: Suikertorenweg 19 te 2560 Kessel · “Installatie & onderhoud van particuliere zwembaden,zwemvijvers,sauna,bubbelbaden(jacuzzi's)en aanverwanten…” (deed in Dutch) · General meeting of 01-06-20203 points ▸
  • General meeting, 01-06-2020
  • Registered-office move, Landstraat 28 te 2560 Kessel
  • Purpose change, “Installatie & onderhoud van particuliere zwembaden,zwemvijvers,sauna,bubbelbaden(jacuzzi's)en aanverwanten; Aanleg & onderhoud van bijgebouwen en poolhouses en…” (deed in Dutch)

Open the deed in the Belgian Official Gazette

2017
IncorporationFounding capital of €1,000, 100 shares · Appointment: (statutory manager) · Partner: (hoofdelijk aansprakelijke vennoot,beherende of werkende vennoot) · published on 27-12-20173 points ▸
  • Founding capital, €1,000, 100 shares
  • Partner, (hoofdelijk aansprakelijke vennoot,beherende of werkende vennoot)
  • Director appointment, (statutory manager)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Vorstenbroek (Kessel) 7, Nijlen

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SP Construct was incorporated on 21 December 2017 by one natural person, with a starting capital of €1,000.12 The registered office moved to Kessel in 2020 and to Nijlen in 2023.34 Since 2017, has served as statutory director.5 Total assets fell from €131,995 in 2023 to €92,145 in 2025.6

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-12-2017
  3. 3Belgian Official Gazette, 01-07-2020
  4. 4Belgian Official Gazette, 11-07-2023
  5. 5National Bank, annual accounts 2025
  6. 6National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0686.712.191
VAT number
BE 0686.712.191
Peppol ID
0208:0686712191
Other Peppol ID
9925:BE0686712191
Legal form
Private limited company
Status
Active, normal situation
Founded
21-12-2017
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 14:00
deed of 11-07-2023 (in Dutch)
Peppol
Reachable since 08-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SP Construct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-07-2023 (in Dutch)
Name clauseThe company operates under this name according to its articles.
SP Construct
deed of 11-07-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 11-07-2023 (in Dutch)

Activities

NACEBEL 2025
43221 Plumbing work main activity
43211 General electrical installation work
43222 Installation of electric heating, air conditioning, cooling and ventilation
Codes under NACEBEL 2008
43221 Plumbing main activity
43211 Specialised construction activities
43222 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Installatie en onderhoud verwarming,klimaatregeling en ventilatie,zowel op particuliere als industriële markt; Algemene…”
19 activities
  1. Installatie en onderhoud verwarming,klimaatregeling en ventilatie,zowel op particuliere als industriële markt
  2. Algemene elektriciteitswerken
  3. Installatie en onderhoud van airconditioning,warmtepompen en zonneboilers
  4. Algemene sanitairs- en loodgieterswerkzaamheden
  5. Algemene schrijn- en timmerwerken in ruimste zin
  6. Het vervaardigen,leveren en/of plaatsen,herstellen,renoveren,reinigen,onderhouden en afbreken van alle binnen- en buitenschrijnwerk
  7. Fabricage,montage en plaatsing van ramen
  8. Kleinhandel in verwarmings-,ventilatie-,sanitaire en airconditioningsartikelen en handelsbemiddeling in deze sector,alsook verwezenlijken nieuwe technieken
  9. Kleinhandel in verlichtingsartikelen,radio-elektrisch materieel,elektrische en elektrotechnische toestellen en handelsbemiddelaar in deze sector,alsook verwezenlijken nieuwe technieken
  10. Studie en uitvoering van alle mogelijke particuliere en openbare bouwwerken als algemene aannemer of in onderaanneming
  11. Aankoop,verkoop,import,export,commissiehandel,kleinhandel,vertegenwoordiging van alle goederen,uitrusting,grondstoffen,halfproducten,materialen,toestellen,machines,onderdelen
  12. Alle activiteiten inzake onroerende goederen:verhuur,verkoop beheer voor eigen en derdenrekening
  13. Handel in onroerend goed
  14. Aankoop/verkoop onroerend goed
  15. Verkoop,levering,installatie en onderhoud particuliere en openbare zwembaden
  16. Groot- en kleinhandel in onderdelen en accessoires van zwembaden
  17. Groot- en kleinhandel in onderhouds- en reinigingsproducten voor zwembaden
  18. Groot- en kleinhandel in installaties voor waterbehandeling,whirlpools,jacuzzi's en accessoires
  19. Installatie,onderhoud en herstelling van filters,elektrische leidingen,afvoerleidingen en luchtkanalen;van opwarmings- en verwarmingsapparaten
deed of 11-07-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Vorstenbroek (Kessel) 7 registered office 2560 Nijlen 21-12-2017 2.271.396.738
1 former office
  • 2560 Nijlen until the deed of 11-07-2023

Buildings and parcels at the address

Ground area
774 m²
Buildings
146 m²

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12018A0629/00T000774 m² 1 · 146 m² -

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 0686.712.191

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