SR CONSTRUCTS

Active

Private limited companyfounded 20179 yrs activeKBO/BCE: BE 0672.817.734

SR CONSTRUCTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-2k) and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

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Checked score

Score 2024

43 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability79▲+14

Solvency19▲+11

Growth61▼-11

Track record100

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.59 against 0.66 in 2023; short-term debt: 105.5% and cash: 0.6% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-5.5%

Return on assets

29.1%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9981 sector peers (2024).

NBB · sector comparison

Position among 9981 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

38 d early

2023

29 d early

2022

16 d early

2021

60 d late

2020

61 d late

2019

130 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€230k▼ 54.0%

2023 · €500k

2018: €127k 2019: €123k 2020: €119k 2021: €108k 2022: €148k 2023: €500k

2018 → 2024

EBIT margin

3.4%▲ 2.0pp

2023 · 1.4%

2018: -4.5% 2019: 5.5% 2020: -30.2% 2021: 5.2% 2022: 2.1% 2023: 1.4%

2018 → 2024

Net result

€8k▲ 11.6%

2023 · €7k

2018: €-6k 2019: €6k 2020: €-36k 2021: €3k 2022: €3k 2023: €7k

2018 → 2024

Working capital

€-12k▲ 47.2%

2023 · €-23k

2018: €4k 2019: €4k 2020: €-26k 2021: €-22k 2022: €-18k 2023: €-23k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€119k-€108k▼ 8.9%€148k▲ 37.0%€500k▲ 238%€230k▼ 54.0%

Equity€-24k-€-21k▲ 13.0%€-17k▲ 15.7%€-10k▲ 43.0%€-2k▲ 84.0%

Operating result€-36k-€6k€3k▼ 45.8%€7k▲ 122%€8k▲ 15.4%

Net result€-36k-€3k€3k▲ 5.1%€7k▲ 131%€8k▲ 11.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 15% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €29k

37.8%

62.2%

Fixed assets €11k▼ 20.3%

Current assets €18k▼ 61.7%

Key figures and ratios

2024 value · change against 2023

EBITDA

€11k▲

2023 · €7k

Cash flow

€11k▲

2023 · €8k

Solvency

-5.5%▲

2023 · -16.5%

Current ratio

0.59▼

2023 · 0.66

Quick ratio

0.59▼

2023 · 0.66

Debt / equity

-19.03▼

2023 · -7.05

ROA

29.1%▲

2023 · 12.4%

Interest coverage

58.42▼

2023 · 90.97

Debt

€30k▼

2023 · €70k

Debt ≤ 1 year

€30k▼

2023 · €70k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€60k€29k▼

Fixed assets21/28€14k€11k▼

Tangible fixed assets22/27€13k€10k▼

Furniture and vehicles24€13k€10k▼

Financial fixed assets28€470€470=

Current assets29/58€46k€18k▼

Amounts receivable within one year40/41€42k€18k▼

Trade receivables40€12k-

Other amounts receivable41€30k€18k▼

Cash at bank and in hand54/58€5k€170▼

Equity and liabilities

Total equity and liabilities10/49€60k€29k▼

Equity10/15€-10k€-2k▲

Contributions10/11€12k€12k=

Outside capital11€12k€12k=

Share premium1100/10€12k€12k=

Reserves13€43€43=

Non-distributable reserves130/1€43€43=

Reserves not available under the articles1311€43€43=

Profit (loss) carried forward14€-22k€-14k▲

Amounts payable17/49€70k€30k▼

Amounts payable within one year42/48€70k€30k▼

Trade debts44€3k€4k▲

Suppliers440/4€3k€4k▲

Taxes, remuneration and social security45€13k€13k▲

Taxes450/3€4k€1k▼

Remuneration and social security454/9€10k€12k▲

Other amounts payable47/48€54k€13k▼

Income statement Code20232024

Turnover70€500k€230k▼

Goods, raw materials, services and sundry goods60/61€489k€218k▼

Remuneration, social security and pensions62€4k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€705€3k▲

Other operating charges640/8€512€1k▲

Gross operating margin9900€12k€12k▲

Operating profit (loss)9901€7k€8k▲

Financial income75/76B€1k€680▼

Recurring financial income75€238€680▲

Non-recurring financial income76B€767-

Financial charges65/66B€322€181▼

Recurring financial charges65€82€181▲

Non-recurring financial charges66B€240-

Profit (loss) for the period before taxes9903€7k€8k▲

Profit (loss) for the period9904€7k€8k▲

Profit (loss) for the period to be appropriated9905€7k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-22k€-14k▲

Profit (loss) brought forward from the previous period14P€-30k€-22k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

2025

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2018net €8k ▲11.6%

Operating result €8k, net result €8k, both a record.

02-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

15-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

29-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 60 days late

2021

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

31-12

Financial Weakest financial yearnet €-36k ▼740%

Net result drops to €-36k, the lowest in the series; recovery starts the following year.

08-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 130 days late

2019

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

26-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 26 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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

1 establishment unit since 2017

establishment The establishment unit on the map

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.

Ground area

314 m²

Building footprint

62 m²

Volume, LiDAR

556 m³

Parcel 21821B0436/00V003, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

SR CONSTRUCTS

Specialised construction activities

since 20172.302.194.436

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21821B0436/00V003	Brussels	314 m²	1 · 62 m²	12.2 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.

Similar companies · same sector, comparable size

Braine-l'Alleud · Eq €12k

Astrum Retail

BE 0630.794.463

Genk · Eq €12k

Feliz & Rivera Construction

Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 518 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-03-2017

Fiscal year end31-12

Activities, NACEBEL

41003General construction of other non-residential buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.