SUCCES CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SUCCES CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €105k and a net result of €5k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+3
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 14.38 against 5.11 in 2024; short-term debt: 5.2% and cash: 55.2% of total assets), and 5.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.8%
Return on assets
4.6%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
10 d late
2024
20 d late
2023
8 d late
2022
30 d late
2021
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▲ 5.1%
2024 · €100k
2021: €24klowest in 5 years
2022: €85k▲ +260% vs 2021
2023: €97k▲ +14.5% vs 2022
2024: €100k▲ +3.0% vs 2023
2025: €105k▲ +5.1% vs 2024highest in 5 years
2021 → 2025
Total assets
€111k▼ 2.3%
2024 · €113k
2021: €189khighest in 5 years
2022: €153k▼ -19.2% vs 2021
2023: €109k▼ -28.5% vs 2022lowest in 5 years
2024: €113k▲ +3.9% vs 2023
2025: €111k▼ -2.3% vs 2024
2021 → 2025
Net result
€5k▲ 77.4%
2024 · €3k
2021: €21k
2022: €61k▲ +191% vs 2021highest in 5 years
2023: €12k▼ -80.0% vs 2022
2024: €3k▼ -76.5% vs 2023lowest in 5 years
2025: €5k▲ +77.4% vs 2024
2021 → 2025
Working capital
€77k▲ 38.0%
2024 · €56k
2021: €13klowest in 5 years
2022: €65k▲ +387% vs 2021
2023: €45k▼ -31.0% vs 2022
2024: €56k▲ +23.0% vs 2023
2025: €77k▲ +38.0% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€85k▲ 260%€97k▲ 14.5%€100k▲ 3.0%€105k▲ 5.1%
2021: €24klowest in 5 years
2022: €85k▲ +260% vs 2021
2023: €97k▲ +14.5% vs 2022
2024: €100k▲ +3.0% vs 2023
2025: €105k▲ +5.1% vs 2024highest in 5 years
Operating result€27k-€77k▲ 186%€17k▼ 78.1%€3k▼ 81.7%€8k▲ 172%
2021: €27k
2022: €77k▲ +186% vs 2021highest in 5 years
2023: €17k▼ -78.1% vs 2022
2024: €3k▼ -81.7% vs 2023lowest in 5 years
2025: €8k▲ +172% vs 2024
Net result€21k-€61k▲ 191%€12k▼ 80.0%€3k▼ 76.5%€5k▲ 77.4%
2021: €21k
2022: €61k▲ +191% vs 2021highest in 5 years
2023: €12k▼ -80.0% vs 2022
2024: €3k▼ -76.5% vs 2023lowest in 5 years
2025: €5k▲ +77.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 172% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111k
Fixed assets
€28k ▼ 36.1%
Current assets
€82k ▲ 19.3%
Equity and liabilities €111k
Equity
€105k ▲ 5.1%
Debt
€6k ▼ 57.6%
Debt's share of the balance-sheet total falls from 11.9% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2024 · €23k
Cash flow
€21k▼
2024 · €23k
Current ratio
14.38▲
2024 · 5.11
Debt to equity
0.05▼
2024 · 0.14
ROE
4.9%▲
2024 · 2.9%
ROA
4.6%▲
2024 · 2.5%
Interest coverage
31.87▼
2024 · 120.78
Debt ≤ 1 year
€6k▼
2024 · €14k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€111k▼
Fixed assets21/28€44k€28k▼
Tangible fixed assets22/27€44k€28k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€44k€28k▼
Current assets29/58€69k€82k▲
Amounts receivable within one year40/41€21k€21k▼
Trade receivables40€15k€15k▲
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€48k€61k▲
Equity and liabilities
Total equity and liabilities10/49€113k€111k▼
Equity10/15€100k€105k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€97k€103k▲
Amounts payable17/49€14k€6k▼
Amounts payable within one year42/48€14k€6k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Other operating charges640/8€2k€525▼
Gross operating margin9900€26k€25k▼
Operating profit (loss)9901€3k€8k▲
Financial charges65/66B€194€766▲
Recurring financial charges65€194€766▲
Profit (loss) for the period before taxes9903€3k€8k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€103k▲
Profit (loss) brought forward from the previous period14P€95k€97k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €476 | €4k | €15k | €20k | €16k | ▼ 21.1% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €525 | ▼ 78.5% |
| Gross operating margin9900 | €28k | €82k | €34k | €26k | €25k | ▼ 3.5% |
| Operating profit (loss)9901 | €27k | €77k | €17k | €3k | €8k | ▲ 172% |
| Financial income75/76B | - | - | €12 | - | - | - |
| Recurring financial income75 | - | - | €12 | - | - | - |
| Financial charges65/66B | - | €24 | €181 | €194 | €766 | ▲ 296% |
| Recurring financial charges65 | €366 | €24 | €181 | €194 | €766 | ▲ 296% |
| Profit (loss) for the period before taxes9903 | €27k | €77k | €17k | €3k | €8k | ▲ 164% |
| Income taxes67/77 | €5k | €16k | €4k | - | €3k | - |
| Profit (loss) for the period9904 | €21k | €61k | €12k | €3k | €5k | ▲ 77.4% |
| Profit (loss) for the period to be appropriated9905 | €21k | €61k | €12k | €3k | €5k | ▲ 77.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189k | €153k | €109k | €113k | €111k | ▼ 2.3% |
| Fixed assets21/28 | €10k | €19k | €52k | €44k | €28k | ▼ 36.1% |
| Tangible fixed assets22/27 | €10k | €19k | €52k | €44k | €28k | ▼ 36.1% |
| Plant, machinery and equipment23 | - | €6k | €2k | €0 | - | - |
| Furniture and vehicles24 | - | €13k | €50k | €44k | €28k | ▼ 36.1% |
| Current assets29/58 | €179k | €133k | €57k | €69k | €82k | ▲ 19.3% |
| Amounts receivable within one year40/41 | €138k | €15k | €13k | €21k | €21k | ▼ 0.8% |
| Trade receivables40 | - | €0 | €6k | €15k | €15k | ▲ 4.1% |
| Other amounts receivable41 | - | €15k | €6k | €7k | €6k | ▼ 11.8% |
| Cash at bank and in hand54/58 | €40k | €118k | €45k | €48k | €61k | ▲ 28.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189k | €153k | €109k | €113k | €111k | ▼ 2.3% |
| Equity10/15 | €24k | €85k | €97k | €100k | €105k | ▲ 5.1% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €21k | €82k | €95k | €97k | €103k | ▲ 5.3% |
| Amounts payable17/49 | €165k | €68k | €12k | €14k | €6k | ▼ 57.6% |
| Amounts payable within one year42/48 | €165k | €68k | €12k | €14k | €6k | ▼ 57.6% |
| Trade debts44 | €147k | €51k | €6k | €5k | €3k | ▼ 29.0% |
| Suppliers440/4 | - | €51k | €6k | €5k | €3k | ▼ 29.0% |
| Taxes, remuneration and social security45 | - | €17k | €6k | €7k | €3k | ▼ 65.7% |
| Taxes450/3 | - | €16k | €4k | €4k | €3k | ▼ 42.9% |
| Remuneration and social security454/9 | - | €1k | €2k | €3k | - | - |
| Other amounts payable47/48 | - | - | - | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €61k | €12k | €3k | €5k | ▲ 77.4% |
| + Depreciation and write-downs630 | €476 | €4k | €15k | €20k | €16k | ▼ 21.1% |
| Operating cash flow (approximation) | €22k | €65k | €27k | €23k | €21k | ▼ 8.8% |
| Investment in fixed assets (approximation) | - | €-13k | €-48k | €-13k | €0 | ▲ 100% |
| Change in cash | - | €78k | €-74k | €3k | €14k | ▲ 364% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
31-03
Financial
Liquidity triplescurrent ratio 14.38
Current ratio from 5.11 to 14.38; short-term debt falls from €14k to €6k.
31-03
Financial
Equity above €100kEq €105k ▲5.1%
5 profitable years in a row build equity to €105k.
2024
20-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
31-03
Financial
Weakest financial yearnet €3k ▼76.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
31-03
Financial
Liquidity doublescurrent ratio 4.73
Current ratio from 1.96 to 4.73; short-term debt falls from €68k to €12k.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Highest result since 2021net €61k ▲191%
Operating result €77k, net result €61k, both a record.
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Braine-le-Château · 1 establishment unit since 2021
Ground area
1,130 m²
Building footprint
88 m²
Volume, LiDAR
588 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SUCCES CONSTRUCT
since 20212.314.650.325
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015B0240/00V007 | Wallonia | 707 m² | 1 · 42 m² | 9.9 m · 3 fl. |
| 25111A0453/00H006 | Wallonia | 423 m² | 1 · 46 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,094 companies in sector 43240 we hold annual accounts for 1,633. 1,372 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
Founded06-11-2020
Fiscal year end31-03
Activities, NACEBEL 2025
43240Other construction installation
43350Other building finishing work
43910Bricklaying and masonry work
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.