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SSA Construct

Active
Private limited companyfounded 20232 yrs activeBrusselsesteenweg 292, 3090 Overijse, BelgiumKBO/BCE: BE 1001.965.359
Summary

SSA Construct has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,228 and a net result of €1,012. Its solvency ranks better than 45% of 353 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability40▼-60
Solvency68▲+2
Growth52
Track record82
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.21 in 2024; short-term debt: 57% and cash: 35.6% of total assets), and 57% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
28 d early
2024
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

SSA Construct was incorporated on 6 November 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€9,228▲ 12.3%
2024 · €8,216
Total assets
€21,463▲ 6.7%
2024 · €20,117
Net result
€1,012▼ 80.6%
2024 · €5,216
Working capital
€4,658▲ 88.8%
2024 · €2,467
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€7,643-€4,845▼ 36.6%
Net result€5,216within the sector's middle half-€1,012within the sector's middle half▼ 80.6%
Equity€8,216below the sector's middle half-€9,228below the sector's middle half▲ 12.3%
Total assets€20,117below the sector's middle half-€21,463below the sector's middle half▲ 6.7%
Debt€11,902-€12,236▲ 2.8%
Working capital€2,467within the sector's middle half-€4,658within the sector's middle half▲ 88.8%
Solvency40.8%within the sector's middle half-43.0%within the sector's middle half▲ 2.2pp
Current ratio1.21within the sector's middle half-1.38within the sector's middle half▲ 0.17
Return on assets (ROA)25.9%above the sector's middle half-4.7%within the sector's middle half▼ 21.2pp
above within below the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000€8,000Operating result 2024: €7,643€7,643Net result 2024: €5,216€5,216Operating result 2025: €4,845€4,845Net result 2025: €1,012€1,01220242025€0€2,000€4,000€6,000€8,000Operating result 2024: €7,643€7,640Net result 2024: €5,216€5,220Operating result 2025: €4,845€4,840Net result 2025: €1,012€1,01020242025
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21,463
Fixed assets €4,570 ▼ 20.5%
Current assets €16,893 ▲ 17.6%
Equity and liabilities €21,463
Equity €9,228 ▲ 12.3%
Debt €12,236 ▲ 2.8%
Debt's share of the balance-sheet total falls from 59.2% to 57.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,023▼
2024 · €10,019
Cash flow
€2,190▼
2024 · €7,592
Debt to equity
1.33▼
2024 · 1.45
ROE
11.0%▼
2024 · 63.5%
Interest coverage
1.86▼
2024 · 16.64
Debt ≤ 1 year
€12,236▲
2024 · €11,902
Income taxes
€595▼
2024 · €1,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,549 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 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,117€21,463▲
Fixed assets21/28€5,748€4,570▼
Tangible fixed assets22/27€5,748€4,570▼
Furniture and vehicles24€5,748€4,570▼
Current assets29/58€14,369€16,893▲
Amounts receivable within one year40/41€11,347€8,208▼
Trade receivables40€7,020€4,936▼
Other amounts receivable41€4,327€3,273▼
Cash at bank and in hand54/58€2,178€7,640▲
Deferred charges and accrued income490/1€844€1,045▲
Equity and liabilities
Total equity and liabilities10/49€20,117€21,463▲
Equity10/15€8,216€9,228▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€5,216€6,228▲
Amounts payable17/49€11,902€12,236▲
Amounts payable within one year42/48€11,902€12,236▲
Trade debts44€4,263€3,899▼
Suppliers440/4€4,263€3,899▼
Taxes, remuneration and social security45€3,325€7,008▲
Taxes450/3€3,325€4,820▲
Remuneration and social security454/9-€2,188
Other amounts payable47/48€4,314€1,329▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,377€1,178▼
Other operating charges640/8-€1,442
Gross operating margin9900€10,019€7,465▼
Operating profit (loss)9901€7,643€4,845▼
Financial charges65/66B€602€3,237▲
Recurring financial charges65€602€3,237▲
Profit (loss) for the period before taxes9903€7,041€1,607▼
Income taxes67/77€1,825€595▼
Profit (loss) for the period9904€5,216€1,012▼
Profit (loss) for the period to be appropriated9905€5,216€1,012▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,216€6,228▲
Profit (loss) brought forward from the previous period14P-€5,216

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,377€1,178▼ 50.4%
Other operating charges640/8-€1,442-
Gross operating margin9900€10,019€7,465▼ 25.5%
Operating profit (loss)9901€7,643€4,845▼ 36.6%
Financial charges65/66B€602€3,237▲ 438%
Recurring financial charges65€602€3,237▲ 438%
Profit (loss) for the period before taxes9903€7,041€1,607▼ 77.2%
Income taxes67/77€1,825€595▼ 67.4%
Profit (loss) for the period9904€5,216€1,012▼ 80.6%
Profit (loss) for the period to be appropriated9905€5,216€1,012▼ 80.6%
Line20242025Change
Assets
Total assets20/58€20,117€21,463▲ 6.7%
Fixed assets21/28€5,748€4,570▼ 20.5%
Tangible fixed assets22/27€5,748€4,570▼ 20.5%
Furniture and vehicles24€5,748€4,570▼ 20.5%
Current assets29/58€14,369€16,893▲ 17.6%
Amounts receivable within one year40/41€11,347€8,208▼ 27.7%
Trade receivables40€7,020€4,936▼ 29.7%
Other amounts receivable41€4,327€3,273▼ 24.4%
Cash at bank and in hand54/58€2,178€7,640▲ 251%
Deferred charges and accrued income490/1€844€1,045▲ 23.8%
Equity and liabilities
Total equity and liabilities10/49€20,117€21,463▲ 6.7%
Equity10/15€8,216€9,228▲ 12.3%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€5,216€6,228▲ 19.4%
Amounts payable17/49€11,902€12,236▲ 2.8%
Amounts payable within one year42/48€11,902€12,236▲ 2.8%
Trade debts44€4,263€3,899▼ 8.5%
Suppliers440/4€4,263€3,899▼ 8.5%
Taxes, remuneration and social security45€3,325€7,008▲ 111%
Taxes450/3€3,325€4,820▲ 45.0%
Remuneration and social security454/9-€2,188-
Other amounts payable47/48€4,314€1,329▼ 69.2%
Line20242025Change
Profit (loss) for the period9904€5,216€1,012▼ 80.6%
+ Depreciation and write-downs630€2,377€1,178▼ 50.4%
Operating cash flow (approximation)€7,592€2,190▼ 71.2%
Investment in fixed assets (approximation)-€0-
Change in cash-€5,462-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

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

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Directors · office · real estate

Directors
1 act for this company is 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, Overijse · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,934 m²
Building footprint
198 m²
Volume, LiDAR
848 m³
Parcel 23062B0376/02D005, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
312 companies at this address See who is registered here
1 establishment unit
SSA Construct
Brusselsesteenweg 292, 3090 OverijseCutting, shaping and finishing of stone
since 20232.353.138.143
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23062B0376/02D005 Flanders 1,934 m² 1 · 198 m² 6.6 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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

Of 737 companies in sector 23700 we hold annual accounts for 489. 126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001965359
Registered 31-12-2025

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

Register as of 28 September 2026 · Peppol Directory

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