SWEET CONSTRUCTION
ActiveSWEET CONSTRUCTION has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53k and a net result of €50k. Equity is shrinking by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+62
Solvency76▲+44
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.08 in 2023; short-term debt: 48.9% and cash: 3.2% of total assets), and 48.9% of the assets are financed with debt.
Credit advice 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 · 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 →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €53k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
47 d early
2022
49 d early
2021
33 d early
2020
46 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€50k
2023 · €-4k
2018: €24k
2019: €4k
2020: €-9k
2021: €-19k
2022: €-17k
2023: €-4k
2018 → 2024
Working capital
€53k▲ 1,691%
2023 · €3k
2018: €47k
2019: €37k
2020: €32k
2021: €17k
2022: €3k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€24k▼ 44.4%€7k▼ 71.6%€3k▼ 56.5%€53k▲ 1,691%
Operating result€-9k-€-19k▼ 108%€-17k▲ 10.4%€-4k▲ 77.9%€50k
Net result€-9k-€-19k▼ 103%€-17k▲ 10.4%€-4k▲ 77.6%€50k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €50k after a loss of €4k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €103k
Equity
€53k▲ 1,691%
Debt
€50k▲ 37.6%
The debt ratio falls from 92.6% to 48.9%. Equity and debt are higher.
Key figures and ratios
Solvency
51.1%▲
2023 · 7.4%
Current ratio
2.04▲
2023 · 1.08
Quick ratio
2.00▲
2023 · 1.02
Debt / equity
0.96▼
2023 · 12.48
ROE
94.4%▲
2023 · -130.0%
ROA
48.2%▲
2023 · -9.6%
Debt
€50k▲
2023 · €37k
Debt ≤ 1 year
€50k▲
2023 · €37k
Income taxes
€624
Staff costs
€98k▲
2023 · €94k
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€40k€103k▲
Current assets29/58€40k€103k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€34k€97k▲
Trade receivables40€34k€97k▲
Other amounts receivable41€471-
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€40k€103k▲
Equity10/15€3k€53k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-18k€32k▲
Amounts payable17/49€37k€50k▲
Amounts payable within one year42/48€37k€50k▲
Trade debts44€29k€38k▲
Suppliers440/4€29k€38k▲
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3-€2k
Remuneration and social security454/9€8k€10k▲
Income statement
Code20232024
Remuneration, social security and pensions62€94k€98k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Other operating charges640/8€411-
Gross operating margin9900€95k€148k▲
Operating profit (loss)9901€-4k€50k▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€68€67▼
Recurring financial charges65€68€67▼
Profit (loss) for the period before taxes9903€-4k€50k▲
Income taxes67/77-€624
Profit (loss) for the period9904€-4k€50k▲
Profit (loss) for the period to be appropriated9905€-4k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€32k▲
Profit (loss) brought forward from the previous period14P€-14k€-18k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €50k
Net result €50k after 4 loss-making years.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuze-en-Hainaut · 1 establishment unit since 2016
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.
Rue Alphonse Lenoir(GZ) 15/177900 Leuze-en-HainautGround area
6,669 m²
Parcel 57034A0219/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
SWEET CONSTRUCTION
since 20162.257.906.117
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57034A0219/00_000 | Wallonia | 6,668 m² | - | - |
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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.