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YOUCONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearHospicestraat 113, 9180 Lokeren, BelgiumKBO/BCE: BE 1016.516.745
Summary

The computed 12-month bankruptcy probability of YOUCONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €106,944 and a net result of €103,095. Its solvency ranks better than 73% of 1,255 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
≈ €330,000turnover 2025, estimated
Equity
€106,944
Profit
€103,095
Turnover estimated from the gross margin
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
2025 accounts filed 23 days late
Why 56raises riskFounded in 2024Size: total assets €165,443Sector: Civil engineering (NACE 42)Liquidity: current ratio 2.50, cash €8,991Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 74% of its sector peers (NACE 42, micro)
Financial strength · tick = 2024
Strong
Solvency 90+49
equity 64.6% of total assets
Liquidity 41+22
short-term debt 35.2% · cash 5.4%
Profitability 100+13
return on assets 62.3%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2025: 1.5% 01-2026: 1.5%● unchanged vs 12-2025lowest value 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.3 percentage points vs 02-2026 04-2026: 2.0%▲ +0.2 percentage points vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.2 percentage points vs 06-2026 08-2026: 2.8%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 1.9%▼ -0.9 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.5, compared with 1.25 in 2024, above the usual 1.5; short-term debt: 35.2% and cash: 5.4% of total assets), and 35.4% of the assets are financed with debt and provisions.
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 (NACE 42, micro): better than 73% on solvency, 34% on liquidity, 91% on profitability and 99% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €165,443
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
raises risk · Liquidity: current ratio 2.50, cash €8,991
NBB · annual accounts
raises risk · 2025 accounts filed 23 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
23 days late
2024
24 days late
← 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 24 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity doublescurrent ratio 2.50
  3. Equity above €100,000equity €106,944 ▲2,678%

Financials · financial year 2025, micro format

2025 annual accounts filed late (23 days) Filed on 23 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415766.

Turnover
≈ €330,000
Estimated: probably between €220,000 and €510,000
Total assets
€165,443▲ 573%
2024 · €24,593
Net result
€103,095▲ 21×
2024 · €4,850
Working capital
€87,371▲ 18×
2024 · €4,896
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is nearly 25 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€130,514 2025 Net result€103,095 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€5,316-€130,514▲ 25×
Net result€4,850within the sector's middle half-€103,095above the sector's middle half▲ 21×
Equity€3,850below the sector's middle half-€106,944within the sector's middle half▲ 28×
Total assets€24,593below the sector's middle half-€165,443within the sector's middle half▲ 573%
Debt€20,743-€58,499▲ 182%
Working capital€4,896within the sector's middle half-€87,371above the sector's middle half▲ 18×
Solvency15.7%below the sector's middle half-64.6%within the sector's middle half▲ 49.0pp
Current ratio1.25within the sector's middle half-2.50within the sector's middle half▲ 1.25
Return on assets (ROA)19.7%within the sector's middle half-62.3%above the sector's middle half▲ 42.6pp
above within below the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165,443
Fixed assets €19,813
Current assets €145,630
Equity and liabilities €165,443
Equity €106,944 ▲ 28×
Debt €58,499 ▲ 182%
Debt's share of the balance-sheet total falls from 84.3% to 35.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€132,940
Cash flow
€105,520
Debt to equity
0.55▼
2024 · 5.39
ROE
96.4%▼
2024 · 126.0%
Interest coverage
over 100
Debt ≤ 1 year
€58,259▲
2024 · €19,697
Income taxes
€27,602▲
2024 · €460
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 11,279 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,593€165,443▲
Fixed assets21/28-€19,813
Tangible fixed assets22/27-€19,813
Plant, machinery and equipment23-€3,539
Other tangible fixed assets26-€16,274
Current assets29/58€24,593€145,630▲
Amounts receivable within one year40/41€19,555€136,639▲
Trade receivables40€16,859€136,584▲
Other amounts receivable41€2,697€55▼
Cash at bank and in hand54/58€2,445€8,991▲
Deferred charges and accrued income490/1€2,593-
Equity and liabilities
Total equity and liabilities10/49€24,593€165,443▲
Equity10/15€3,850€106,944▲
Contributions10/11€2,000€2,000=
Reserves13€1,850€104,944▲
Distributable reserves133€1,850€104,944▲
Amounts payable17/49€20,743€58,499▲
Amounts payable within one year42/48€19,697€58,259▲
Trade debts44€1,237€436▼
Suppliers440/4€1,237€436▼
Taxes, remuneration and social security45€460€33,823▲
Taxes450/3€460€33,823▲
Other amounts payable47/48€18,000€24,000▲
Accrued charges and deferred income492/3€1,047€240▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,426
Other operating charges640/8€427€148▼
Gross operating margin9900€5,743€133,088▲
Operating profit (loss)9901€5,316€130,514▲
Financial income75/76B-€253
Recurring financial income75-€253
Financial charges65/66B€6€70▲
Recurring financial charges65€6€70▲
Profit (loss) for the period before taxes9903€5,310€130,697▲
Income taxes67/77€460€27,602▲
Profit (loss) for the period9904€4,850€103,095▲
Profit (loss) for the period to be appropriated9905€4,850€103,095▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,850€103,095▲
Transfer to equity691/2€1,850€103,095▲
To other reserves6921€1,850€103,095▲
Profit to be distributed694/7€3,000-
Directors or managers695€3,000-

The notes to these accounts (5 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-€2,426-
Other operating charges640/8€427€148▼ 65.3%
Gross operating margin9900€5,743€133,088▲ 23×
Operating profit (loss)9901€5,316€130,514▲ 25×
Financial income75/76B-€253-
Recurring financial income75-€253-
Financial charges65/66B€6€70▲ 11×
Recurring financial charges65€6€70▲ 11×
Profit (loss) for the period before taxes9903€5,310€130,697▲ 25×
Income taxes67/77€460€27,602▲ 60×
Profit (loss) for the period9904€4,850€103,095▲ 21×
Profit (loss) for the period to be appropriated9905€4,850€103,095▲ 21×
Line20242025Change
Assets
Total assets20/58€24,593€165,443▲ 573%
Fixed assets21/28-€19,813-
Tangible fixed assets22/27-€19,813-
Plant, machinery and equipment23-€3,539-
Other tangible fixed assets26-€16,274-
Current assets29/58€24,593€145,630▲ 492%
Amounts receivable within one year40/41€19,555€136,639▲ 599%
Trade receivables40€16,859€136,584▲ 710%
Other amounts receivable41€2,697€55▼ 98.0%
Cash at bank and in hand54/58€2,445€8,991▲ 268%
Deferred charges and accrued income490/1€2,593--
Equity and liabilities
Total equity and liabilities10/49€24,593€165,443▲ 573%
Equity10/15€3,850€106,944▲ 28×
Contributions10/11€2,000€2,000=
Reserves13€1,850€104,944▲ 57×
Distributable reserves133€1,850€104,944▲ 57×
Amounts payable17/49€20,743€58,499▲ 182%
Amounts payable within one year42/48€19,697€58,259▲ 196%
Trade debts44€1,237€436▼ 64.8%
Suppliers440/4€1,237€436▼ 64.8%
Taxes, remuneration and social security45€460€33,823▲ 74×
Taxes450/3€460€33,823▲ 74×
Other amounts payable47/48€18,000€24,000▲ 33.3%
Accrued charges and deferred income492/3€1,047€240▼ 77.1%
Line20242025Change
Profit (loss) for the period9904€4,850€103,095▲ 21×
+ Depreciation and write-downs630-€2,426-
Operating cash flow (approximation)€4,850€105,520▲ 22×
Change in cash-€6,546-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 23-08-2026 2026-00415766
31-12-2024 micro format 24-08-2025 2025-00396085

Similar companies · same sector, comparable size

Of the 1,792 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 977. 723 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
EL ASRI Younes
Director · since 26-11-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
EL ASRI Younes
  • Director, from 26-11-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 26-11-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 26-11-2024 Incorporation · €2,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 22 November 2024, YOUCONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 EL ASRI Younes has served as director of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-11-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
23-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 23 days late
2025
31-12
Financial Liquidity doublescurrent ratio 2.50
Current ratio from 1.25 to 2.50.
31-12
Financial Equity above €100,000equity €106,944 ▲2,678%
A profit in every financial year since 2024 builds equity to €106,944.
24-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 24 days late
2024
26-11
Gazette deed Incorporation
Appointment: EL ASRI Younes (director) · Founder · Founding capital5 facts ▸
  • Incorporation, 21-11-2024
  • Founder, EL ASRI Younes
  • Founding capital, €2,000
  • Board rule, 1
  • Director appointment, EL ASRI Younes (director)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded22-11-2024
Financial year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016516745
Also 9925:BE1016516745
Registered 30-01-2025

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

Register as of 31 October 2026 · Peppol Directory

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

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, with enterprise number 1016.516.745

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
88 m²
Building footprint
88 m²
Building volume
389 m³
Parcel 44045D0766/00G000, Flanders · tallest building 7.1 m. Linked by address, not a title deed.
1 establishment unit
YOUCONSTRUCT
Hospicestraat 113, 9180 LokerenConstruction of utility projects for electricity and telecommunications
since 2024unit no. 2.366.698.149
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44045D0766/00G000 Flanders 87 m² 1 · 87 m² 7.1 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Onderneming voor grond- en waterbouwkundige werken; Het bouwen, herstellen en onderhouden van wegen, rioleringswerken, het leggen van kabels…” (deed in Dutch)
28 activities (deed in Dutch)
  1. Onderneming voor grond- en waterbouwkundige werken
  2. Het bouwen, herstellen en onderhouden van wegen, rioleringswerken, het leggen van kabels en leidingen, wegpersingen en dwarsboringen
  3. Het leggen van opritten in klinkers, kasseien en andere gelijkaardige materialen
  4. Aannemer van metsel- en betonwerken, waterdicht maken van bouwwerken
  5. Aannemer van slopingswerken
  6. Aanleg telecommunicatie en installatie
  7. Het uitoefenen van het beroep van sanitair installateur, loodgieter, installateur van centrale verwarming en het plaatsen van electrotechnische installaties
  8. Het kopen en verkopen, huren en verhuren van allerhande machines en infrastructuur noodzakelijk voor het uitoefenen van alle activiteiten van de vennootschap
  9. Het kopen en verkopen van bouwmaterialen
  10. Het uitvoeren van draineringswerken
  11. De uitvoering van horizontale doorpersingen van buizen voor kabels en leidingen en hun aansluitingen
  12. Het leggen van ondergrondse kabels
  13. Het mechanisch ondergronds trekken van leidingen voor telefonie-, electra- en gasdistributie door middel van telegestuurde apparatuur
  14. Rioleringswerken en het uitvoeren van bestratingen
  15. Alle soorten aannemingswerken in de brede zin
  16. Handel in onroerend goed
  17. Afbraakwerken
  18. Import- en export, groot- en kleinhandel in handelsgoederen
  19. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, in de ruimste zin, bijstand en diensten verlenen, rechtstreeks of onrechtstreeks betrekking hebbende op het vlak van administratie en financiën, verkoop productie en algemeen bestuur
  20. Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering
  21. Het waarnemen van alle bestuurs- en vereffeningsopdrachten, het uitoefenen van managementopdrachten en-functies
  22. Het verlenen van zowel persoonlijke als zakelijke, roerende en onroerende waarborgen ten voordele van derden
  23. Het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse bestaande of nog op te richten vennootschappen
  24. Tussenpersoon in de handel
  25. Diverse administratieve activiteiten ten behoeve van kantoren
  26. Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
  27. Het beheer van een onroerend vermogen, onroerend leasing en huurfinanciering van onroerende goederen aan derden, het verwerven door aankoop of anderszins, het verkopen, het ruilen, het bouwen, het verbouwen, het verbeteren, het uitrusten, het aanpassen, het verfraaien, het onderhouden, het verhuren, het huren, het verkavelen, het prospecteren en het uitbaten van onroerende goederen, het uitbaten van een bedrijfscentrum, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen, alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
  28. Het waarnemen van alle bestuursopdrachten, het uitoefenen van opdrachten en functies die rechtstreeks of onrechtstreeks met het maatschappelijk voorwerp verband houden, de vennootschap mag bestuursmandaten waarnemen in andere vennootschappen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited

deed of 26-11-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Aantal,duur,bevoegdheid, natuurlijke personen,rechtspersonen” (deed in Dutch)

deed of 26-11-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Hij kan bijzondere machten toekennen aan elke mandataris. Jaarvergadering Ieder jaar wordt een gewone algemene vergadering van…” (deed in Dutch)

deed of 26-11-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden van het bestuursorgaan, bijzondere machten aan elke mandataris” (deed in Dutch)
3 more provisions in the deed, see the deed of 26-11-2024

deed of 26-11-2024