Turnover
Turnover rose in 2025 from €102,524 to €385,710.
Turnover rose in 2025 from €102,524 to €385,710.
Debts rose by €50,461 in 2025.
Green is investment, beige is depreciation.
ST CONSTRUCTS pays its suppliers 10 days earlier than in 2024. Customers pay 31 days later.
Short-term debts rose from €26,089 to €53,313.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 61% of them on solvency, 71% on liquidity, 91% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 39,278 companies had the same profile as ST CONSTRUCTS has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ST CONSTRUCTS itself is higher: 3.0% within 12 months. It rests on far more data about ST CONSTRUCTS than the profile alone.
The method was tested on the 497,447 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 39,278 companies, not a prediction for ST CONSTRUCTS. 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.
Liquidity is ample, with a current ratio of 1.58 (0.3 in 2024), above the usual 1.5. Short-term debt is 32.7% and cash 24.3% of total assets. 47% of the assets are financed with debt and provisions.
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.
The company filed its last 2 accounts on average 9 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ST CONSTRUCTS Kraainem | €162,997 | €127,077 | 53.0% | - |
| SDD COMPANY Vilvoorde | €145,902 | €146,546 | 78.1% | - |
| 360 SERVICES Zaventem | €144,778 | €109,007 | 53.6% | - |
| AD MIR CONFORT Grimbergen | €162,230 | €120,878 | 61.6% | - |
| STURZA CONSTRUCT Asse | €181,132 | €101,910 | 56.3% | - |
| RAIVAX Zaventem | €142,044 | €146,146 | 44.4% | - |
| RBG Construct Zemst | €177,513 | €148,116 | 65.1% | - |
These companies have the same main activity as ST CONSTRUCTS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €142,000 and €181,000, founded between 2023 and 2024.
ST CONSTRUCTS has existed since 2024. The present size dates from 2025. Turnover rose that year from €102,524 to €385,710.
Solvency rose in 2025 from 22.5% to 53.0% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 60% of 9,462 companies in 2025.
Higher than 46% of 9,210 companies in 2025.
Higher than 94% of 9,282 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
162,997 | 33,644 | |
20 |
663 | 881 | |
21/28 |
78,013 | 24,817 | |
22/27 |
78,013 | 24,817 | |
24 |
78,013 | 24,817 | |
29/58 |
84,320 | 7,946 | |
40/41 |
42,884 | 2,244 | |
40 |
38,349 | 1,479 | |
41 |
4,535 | 765 | |
54/58 |
39,667 | 5,264 | |
490/1 |
1,770 | 438 | |
| Balance sheet: equity and liabilities | |||
10/49 |
162,997 | 33,644 | |
10/15 |
86,447 | 7,555 | |
10/11 |
7,000 | 7,000 | |
14 |
79,447 | 555 | |
17/49 |
76,550 | 26,089 | |
42/48 |
53,313 | 26,089 | |
44 |
2,744 | 3,806 | |
440/4 |
2,744 | 3,806 | |
45 |
21,471 | 532 | |
450/3 |
20,790 | 456 | |
454/9 |
681 | 76 | |
47/48 |
29,098 | 21,751 | |
492/3 |
23,237 | - | |
| Income statement | |||
70 |
385,710 | 102,524 | |
9900 |
127,077 | 9,022 | |
60/61 |
268,881 | 96,323 | |
62 |
5,774 | 1,065 | |
630 |
17,991 | 6,494 | |
640/8 |
4,044 | 114 | |
9901 |
99,268 | 1,349 | |
75/76B |
1 | 0 | |
75 |
1 | 0 | |
65/66B |
97 | 357 | |
65 |
97 | 357 | |
66B |
0 | - | |
9903 |
99,172 | 992 | |
67/77 |
20,280 | 438 | |
9904 |
78,892 | 555 | |
9905 |
78,892 | 555 | |
| Appropriation of the result | |||
9906 |
79,447 | 555 | |
14P |
555 | - | |
| Document | |||
The notes to these accounts have 7 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 22-07-2026.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 117,259 | 7,843 | ||
| 96,883 | 7,049 | ||
| 80,979 | 31,102 | ||
| 34,403 | - | ||
| 31,008 | -18,143 | ||
| 25.7% | 1.3% | ||
| 53.0% | 22.5% | ||
| 1.58 | 0.30 | ||
| 0.89 | 3.45 | ||
| 91.3% | 7.3% | ||
| 48.4% | 1.6% | ||
| over 100 | 21.97 | ||
| 36 days | 5 days | ||
| 4 days | 14 days |
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.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €80,979 | €31,102 |
| €17,991 | €6,494 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 74 times that of 2024.
Debt's share of the balance-sheet total falls from 77.5% to 47.0%. Equity and debt are higher.
ST CONSTRUCTS has no parent and no holdings in its annual accounts. SCHOONYANS Thomas is the only director. ST CONSTRUCTS shares no director with another company.
| EFFICY
registered office since 13-03-2006 · founded in 2005 |
74 FTE (2025) 0875.895.449 |
| VERISURE
establishment since 15-11-2021 · founded in 1997 · group Verisure Midholding AB |
201 FTE (2025) 0459.866.904 |
| Efficy HoldCo
registered office since 16-10-2025 · founded in 2025 · group EFFICY |
total assets €124.5m (2025) 1029.273.829 |
| INFORMEX
registered office since 31-01-1983 · founded in 1983 |
12 FTE (2025) 0423.709.559 |
| NOVASOL
registered office since 13-06-1997 · founded in 1997 · group EGREGORA · accounts filed late |
13 FTE (2024) 0460.802.557 |
| Verzekeringskantoor Van Dessel
establishment since 01-04-2018 · founded in 1991 |
164 FTE (2025) 0446.433.491 |
| VERISURE SECURITY
establishment since 15-11-2021 · founded in 2005 · group Verisure Midholding AB |
390 FTE (2025) 0877.035.396 |
| Efficy Finco
registered office since 23-07-2025 · founded in 2025 · negative equity (2025) · group EFFICY |
total assets €30.0m (2025) 1025.813.503 |
| CENTER FOR CREATIVE LEADERSHIP
establishment since 27-07-1990 · founded in 1990 |
80 FTE (2019) 0544.219.785 |
| PerkinElmer (Belgium)
registered office since 18-10-2022 · founded in 2022 · accounts filed late |
32 FTE (2024) 0792.588.483 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 17 April 2024, ST CONSTRUCTS was incorporated as a private limited company by one natural person, with a starting capital of €7,000.12 SCHOONYANS Thomas is director of the company, appointed by deed of 19-04-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Steenweg op Mechelen 455 registered office 1950 Kraainem | ||
| Rue du Bois 47 Annexe 6141 Fontaine-l'Evêque | 06-11-2024 | 2.366.205.429 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 |
| 52023B0879/00M003 | Wallonia | 847 m² | 1 · 83 m² | 2.0 m |
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 1008.515.136
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