SUMCONSTRUCT
ActiveSummary
SUMCONSTRUCT has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,077 and a net result of -€3,501. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €66,077
- Loss
- -€3,501
- Largest shareholder
- SUMMA · 49%
- COK Cornelia RenataDirector
- FORTITUDE BVDirector · permanent representative Devlieger Evelien Paula
Why 89raises riskNo main activity registeredlowers riskSize: total assets €66,077Founded in 2003Equity €66,077 (100.0% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 59% on liquidity, 19% on profitability and 31% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €6,221 in 2025 against €6,039 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 12,322 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €449 | €500 | €493 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | -€6,674 | -€24,494 | -€9,545 | -€4,958 | -€9,788 | -€5,520 | -€5,533 | -€5,702 | ▼ 3.0% |
| Operating profit (loss)9901 | -€6,965 | -€24,893 | -€9,994 | -€5,406 | -€10,288 | -€6,013 | -€6,039 | -€6,221 | ▼ 3.0% |
| Financial income75/76B | - | - | - | €20,651 | €3,194 | €2,335 | €3,295 | €2,900 | ▼ 12.0% |
| Recurring financial income75 | €20,976 | €21,301 | €21,256 | €20,651 | €3,194 | €2,335 | €3,295 | €2,900 | ▼ 12.0% |
| Financial charges65/66B | - | - | - | €264 | €251 | €195 | €150 | €180 | ▲ 20.0% |
| Recurring financial charges65 | €291 | €615 | €294 | €264 | €251 | €195 | €150 | €180 | ▲ 20.0% |
| Profit (loss) for the period before taxes9903 | €13,720 | -€4,207 | €10,969 | €14,982 | -€7,345 | -€3,873 | -€2,894 | -€3,501 | ▼ 21.0% |
| Income taxes67/77 | €568 | €0 | €1,805 | €3,858 | €140 | - | - | - | - |
| Profit (loss) for the period9904 | €13,152 | -€4,208 | €9,164 | €11,124 | -€7,485 | -€3,873 | -€2,894 | -€3,501 | ▼ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €13,152 | -€4,208 | €9,164 | €11,124 | -€7,485 | -€3,873 | -€2,894 | -€3,501 | ▼ 21.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €430,370 | €425,555 | €436,546 | €87,688 | €80,380 | €72,472 | €69,578 | €66,077 | ▼ 5.0% |
| Fixed assets21/28 | €1 | €1 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €1 | €1 | - | - | - | - | - | - | - |
| Current assets29/58 | €430,369 | €425,554 | €436,546 | €87,688 | €80,380 | €72,472 | €69,578 | €66,077 | ▼ 5.0% |
| Amounts receivable within one year40/41 | €430,168 | €424,969 | €436,225 | €87,688 | €40,967 | €40,967 | €40,967 | €40,967 | = |
| Other amounts receivable41 | - | - | - | €87,688 | €40,967 | €40,967 | €40,967 | €40,967 | = |
| Cash at bank and in hand54/58 | €201 | €585 | €321 | - | €39,353 | €29,170 | €22,981 | €16,580 | ▼ 27.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €59 | €2,335 | €5,630 | €8,530 | ▲ 51.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €430,370 | €425,555 | €436,546 | €87,688 | €80,380 | €72,472 | €69,578 | €66,077 | ▼ 5.0% |
| Equity10/15 | €427,750 | €423,542 | €432,706 | €83,830 | €76,345 | €72,472 | €69,578 | €66,077 | ▼ 5.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €359,550 | €355,342 | €364,506 | €15,630 | €8,145 | €4,272 | €1,378 | -€2,123 | - |
| Amounts payable17/49 | €2,621 | €2,013 | €3,840 | €3,858 | €4,035 | - | - | - | - |
| Amounts payable within one year42/48 | €2,610 | €2,000 | €3,840 | €3,858 | €3,998 | - | - | - | - |
| Trade debts44 | €1,995 | €2,000 | €2,035 | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,858 | €3,998 | - | - | - | - |
| Taxes450/3 | - | - | - | €3,858 | €3,998 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €37 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,152 | -€4,208 | €9,164 | €11,124 | -€7,485 | -€3,873 | -€2,894 | -€3,501 | ▼ 21.0% |
| Operating cash flow (approximation) | €13,152 | -€4,208 | €9,164 | €11,124 | -€7,485 | -€3,873 | -€2,894 | -€3,501 | ▼ 21.0% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | €384 | -€264 | - | - | -€10,183 | -€6,189 | -€6,401 | ▼ 3.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00130652 |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00132057 |
| 31-12-2023 | micro format | 18-06-2024 | 2024-00141305 |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00117623 |
| 31-12-2021 | abbreviated format | 19-05-2022 | 2022-20030912 |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-24500525 |
| 31-12-2019 | abbreviated format | 26-06-2020 | 2020-21200592 |
| 31-12-2018 | abbreviated format | 04-06-2019 | 2019-16200554 |
| 31-12-2017 | abbreviated format | 22-06-2018 | 2018-21900597 |
| 31-12-2016 | abbreviated format | 06-07-2017 | 2017-29800559 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| COK Cornelia Renata |
|
| FORTITUDE BV |
|
| Vermeiren Luc F.L. |
|
Owners and capital
Owners
1 ownerOwners 1
- Sourceaccounts SUMMA 202549%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
11-01
Gazette deed
Resignation: Vermeiren Luc F.L. (director)Appointments: COK Cornelia Renata (director) and Fortitude BV (director) · Permanent representative: Devlieger Evelien Paula5 facts ▸
- General meeting, 29-11-2023
- Director resignation, Vermeiren Luc F.L. (director)
- Director appointment, COK Cornelia Renata (director)
- Director appointment, Fortitude BV (director)
- Permanent representative, Devlieger Evelien Paula
About the unread acts
Of the 13 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11807G1698/00E000 | Flanders | 9,863 m² | 1 · 1,162 m² | 52.5 m · 14 |