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ZICHTEN CONSTRUCT

Active
Private limited companyfounded 2024active for 1 yearGraaf Jansdijk 471, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1017.011.544
Summary

ZICHTEN CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,112 and a net result of -€104,888. Its solvency ranks better than 23% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 05-12-2024 Normal situation
Registered office
15 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.367.457.917 8300 Knokke-Heist, since 05-12-2024
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • BIS GROUPDirector · since 05-12-2024 · permanent representative Axel DE BISSCOP
  • Jan FLORINDirector · since 05-12-2024
Shareholders
  • IR VASTGOED· score 522025 annual accounts of IR VASTGOED
  • BIS GROUP2025 annual accounts of BIS GROUP
  • FRAL INVEST· score 672025 annual accounts of FRAL INVEST
and 2 other shareholders

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
-€28,664
Loss
€104,888
Equity
€95,112
Total assets
€2.1m
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 3.22, cash €4,186Founded in 2024lowers riskSector: Real estate activities (NACE 68)Size: total assets €2.1mShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 23% of small companies in real estate (NACE 68)
Financial strength
Weak
Solvency 30
equity 4.5% of total assets
Liquidity 37
short-term debt 31.0% · cash 0.2%
Profitability 25
return on assets -5.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 01-2026: 0.7% 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.6 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.22, above the usual 1.5. Short-term debt is 31% and cash 0.2% of total assets. However, 95.5% of the assets are financed with debt and provisions.
Calculation

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 68, small). It does better than 22% of them on solvency, 31% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.22, cash €4,186
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11268 sector peers (2025).
NBB · sector comparison
Position among 11268 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
8 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 23-07-2026 at the NBB

Equity
€95,112
Total assets
€2.1m
Net result
-€104,888
Working capital
€1.5m

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
Assets €2.1m
Fixed assets €5,000
Current assets €2.1m
Equity and liabilities €2.1m
Equity €95,112
Debt €2.0m
Debt's share of the balance-sheet total is 95.5%.
Key figures and ratios
2025 value
Current ratio
3.22
Quick ratio
0.03
Debt to equity
21.18
ROE
-110.3%
ROA
-5.0%
Debt ≤ 1 year
€653,066
Debt > 1 year
€1.4m

Investments

fixed assets acquired
Item2025
Financial fixed assets€5,000

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€2.1m
Fixed assets21/28€0.005m
Financial fixed assets28€0.005m
Current assets29/58€2.1m
Stocks and contracts in progress3€2.1m
Stocks30/36€2.1m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€0.1m
Contributions10/11€0.2m
Profit (loss) carried forward14-€0.1m
Amounts payable17/49€2.0m
Amounts payable after more than one year17€1.4m
Other amounts payable178/9€1.4m
Amounts payable within one year42/48€0.7m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.5m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.003m
Income statement Code2025
Other operating charges640/8€0.001m
Gross operating margin9900-€0.03m
Operating profit (loss)9901-€0.03m
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903-€0.1m
Profit (loss) for the period9904-€0.1m
Profit (loss) for the period to be appropriated9905-€0.1m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m

The notes to these accounts have 4 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 23-07-2026.

Line2025
Other operating charges640/8€711
Gross operating margin9900-€28,664
Operating profit (loss)9901-€29,375
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€75,727
Recurring financial charges65€75,727
Profit (loss) for the period before taxes9903-€104,888
Profit (loss) for the period9904-€104,888
Profit (loss) for the period to be appropriated9905-€104,888
Line2025
Assets
Total assets20/58€2.1m
Fixed assets21/28€0.005m
Financial fixed assets28€0.005m
Current assets29/58€2.1m
Stocks and contracts in progress3€2.1m
Stocks30/36€2.1m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15€0.1m
Contributions10/11€0.2m
Profit (loss) carried forward14-€0.1m
Amounts payable17/49€2.0m
Amounts payable after more than one year17€1.4m
Other amounts payable178/9€1.4m
Amounts payable within one year42/48€0.7m
Trade debts44€0.2m
Suppliers440/4€0.2m
Advances received on contracts in progress46€0.5m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.003m
Line2025
Profit (loss) for the period9904-€104,888
Operating cash flow (approximation)-€104,888

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 120 companies had the same profile as ZICHTEN CONSTRUCT has now. Two years later, 95.8% were still going and 2.5% had gone bankrupt.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
95.8% was still going
1.7% stopped otherwise
2.5% went bankrupt

The bankruptcy probability of ZICHTEN CONSTRUCT itself is lower: 0.4% within 12 months. It rests on far more data about ZICHTEN CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 120 companies, not a prediction for ZICHTEN CONSTRUCT. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 23-07-2026 2026-00325129 PDF

Board & ownership

Directors

Directors
2 directors, since incorporation

Board 2

BIS GROUP
Director (not named in the articles) · since 05-12-2024 · term without a fixed end · Private limited company · permanent representative: Axel DE BISSCOP · also on the board of 4 other companies · listed in the 2025 annual accounts, filed on 23-07-2026
Current
Jan FLORIN
Director (not named in the articles) · since 05-12-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 23-07-2026
Current
Permanent representatives 1
Axel DE BISSCOP
Permanent representative · appointed by deed of 09-12-2024 · for BIS GROUP
Current

Owners and capital

Shareholders

5 owners

Owners 5

Owners through the years 2024 to 2025

Source: lists of holdings in the owners' accounts

Capital transactions

Shareholders according to the deeds
At incorporation deed of 09-12-2024 ↗
  • CAMINO VERDE (BE 0797.154.908) founder
  • CAP HORN (BE 0844.733.606) founder
  • FRAL INVEST (BE 0803.243.340) founder
  • BIS GROUP (BE 0688.989.218) founder
  • WOESTYN Dominique Claude Louis founder
  • PLANCKAERT Imelda Ingeborg Maria founder
  • DW COPPER (BE 0545.787.821) founder
  • FLORRE (BE 0803.112.686) founder
  • QUARTIER Bruno Jan founder
  • DESCHUTTERE Sophie Jeannine Catherine founder
Capital over time
  1. 09-12-2024 Incorporation · €200,000 · 100 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BIS GROUP
  • Director (not named in the articles), appointed by deed of 09-12-2024, still in office
Jan FLORIN
  • Director (not named in the articles), appointed by deed of 09-12-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Bestuurder(s) in functie indien geen andere vereffenaar benoemd, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…”

Articles of association, deed of 09-12-2024 (in Dutch)

Network & group

Companies at the same address

14 other companies

Connections & network

12 connected companies
Linked via shared directors
MEMLINC HOTEL
via BIS GROUP · Director (not named in the articles)
Founded in 1987 · 47 FTE (2024) · accounts filed late
→
Residentie Wellington
via BIS GROUP · Director
Founded in 2021 · total assets €6.2m (2025) · group ALINE
→
KIM
via BIS GROUP · Director (not named in the articles)
Founded in 1982 · total assets €3.2m (2025)
→
RES. TOLHUIS
via BIS GROUP · Director (not named in the articles)
Founded in 2023 · total assets €2.8m (2025)
→
Show 8 more companies with a shared director
Vilanova
via BIS GROUP · Director
Founded in 1988 · total assets €2.8m (2025)
→
ZICHTEN INVEST
via BIS GROUP · Director (not named in the articles)
Founded in 2024 · total assets €2.4m (2025)
→
dvlp. CONSTRUCT
via BIS GROUP · Director (not named in the articles)
Founded in 2018 · 0.6 FTE (2025)
→
HAAGWINDE
via BIS GROUP · Director
Founded in 1999 · total assets €276,758 (2025)
→
AQUA et DUNA
via BIS GROUP · Director (not named in the articles)
Founded in 2018 · total assets €11,805 (2025)
→
Memlinc Construct
via BIS GROUP · Director (not named in the articles)
Founded in 2025
→
Wellington Construct
via BIS GROUP · Managing director
Founded in 2025 · group ALINE
→
Zegemeer Invest
via BIS GROUP · Director
Founded in 2025
→

Timeline

Deeds, filings and financial milestones

2026
23-07
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 8 days before the deadline
2024
09-12
Gazette deed Incorporation
Founding capital of €200,000, 100 shares · Founders: CAMINO VERDE, CAP HORN, FRAL INVEST and 7 others · Appointments: BIS GROUP (director) and Jan FLORIN (director)12 points ▸
  • Incorporation, 05-12-2024
  • Founder, CAMINO VERDE
  • Founder, CAP HORN
  • Founder, FRAL INVEST
  • Founder, BIS GROUP
  • Founder, WOESTYN Dominique Claude Louis
  • Founder, PLANCKAERT Imelda Ingeborg Maria
  • Founder, DW COPPER
  • Founder, FLORRE
  • Founder, QUARTIER Bruno Jan
  • Founder, DESCHUTTERE Sophie Jeannine Catherine
  • Founding capital, €200,000, 100 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name ZICHTEN CONSTRUCT in Dutch
Enterprise number 1017.011.544
Legal form Private limited company
Status Active, normal situation
Founded 05-12-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-12-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Graaf Jansdijk 471, 8300 Knokke-Heist”
deed of 09-12-2024 (in Dutch)

Registered office and establishments

Registered office Graaf Jansdijk 471, 8300 Knokke-Heist, Belgium
Establishment unit ZICHTEN CONSTRUCT, Graaf Jansdijk 471, 8300 Knokke-Heist since 05-12-2024 · unit number 2.367.457.917

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68110 Buying and selling of own real estate
68122 Development of non-residential building projects
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
68100 Real estate activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben met het bouwbedrijf; De coördinatie van alle aannemingen en…”
15 activities
  1. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben met het bouwbedrijf.
  2. De coördinatie van alle aannemingen en onderaannemingen uitgevoerd door onderaannemers,de directie van bouwprojecten,en werven,alle studiewerk,en alle inrichtingen.
  3. Onderneming in roerende en onroerende goederen,en het optreden als bouwpromotor in de meest ruime zin;alle bemiddeling,dienstverlening en service bij verrichtingen van roerende en onroerende aard;agent en/of makelaar in verzekeringen,eveneens voor Belgische en voor buitenlandse vennootschappen,leasing,financieringen en leningen;verwerven,bouwen,ruilen,laten bouwen,verbouwen,in huur geven en nemen,onderhuren,of-verhuren,verkopen en omvormen,verkavelen en uitbaten,beheren van alle onroerende goederen in de breedste zin,zoals appartementen,kantoren,winkels,woningen,studentenhomes,gronden,wouden,vijvers,domeinen.
  4. Alle onroerende verrichtingen,onder meer promotie,verkaveling,verbouwing,valorisatie,aan-en verkoop van onroerende goederen,onderneming voor het optrekken van gebouwen,onderneming voor het leggen van tegelvloeren,mozaïek en voor het plaatsen van alle wand-en vloerbekleding;onderneming voor het plaatsen van verlichting,drijfkracht en telefoon;onderneming voor het plaatsen van timmer-en schrijnwerk van gebouwen;onderneming voor het plaatsen van centrale verwarming,algemene bouwonderneming;onderneming voor het optrekken en onder dak brengen van gebouwen en de coördinatie van onderaannemers.
  5. Land-en tuinbouwgronden verpachten of zelf land-en tuinbouwbedrijven uitbaten.
  6. Alle handelsfondsen,met inbegrip van hoteluitbating,serviceflats,rusthuizen,winkels,horeca uitbatingen en vakantieoorden,vergunningen,octrooien,licenties en fabrieksmerken aankopen,in huur nemen,verhuren en onderverhuren,verkopen en ruilen,commercialiseren,exploiteren,in concessie geven en in concessie nemen.
  7. Het nemen van participaties onder eender welke vorm,in alle bestaande en nog op te richten vennootschappen en ondernemingen,evenals het verlenen van alle managementbijstand en het waarnemen van alle bestuursmandaten,en het ter beschikking stellen van personen gespecialiseerd in het adviseren en/of besturen van ondernemingen,dit alles in de meest ruime zin.
  8. Advies,bijstand en knowhow verlenen in alle domeinen waar zij competent is,zoals marketing,promotie,ontwikkeling,research,design,handel en productie,secretariaat,bedrijfs-en financieel beheer,en al wat daarmee rechtsreeks of onrechtstreeks verband houdt.
  9. De organisatie van business meetings,handelsmissies,professionele contracten,zowel in binnen-als in buitenland,en alles wat daarmee verband houdt;inbegrepen het zorgen voor maaltijden,overnachtingen,vergaderruimten,logistiek en intellectuele bijstand.
  10. De vennootschap heeft eveneens tot doel,zo in België als in het buitenland,hetzij rechtstreeks,hetzij als tussenpersoon,alle activiteiten als holding,patrimoniumvennootschap,beheermaatschappij,managementvennootschap,syndicus,makelaar,aannemer,handelaar,expert,commissionair,financier,adviseur op alle domeinen waarin zij competent is,en waarin zij actief mag zijn in overeenstemming met de wettelijke reglementeringen,dit alles ter uitsluiting van de activiteiten inzake beleggingsadvies en vermogensbeheer die overeenkomstig de wet van vier december negentienhonderd negentig en latere uitvoeringsbesluiten aan een wettelijke erkenning-en inschrijvingsregime onderworpen zijn,en voor zoverre daartoe geen erkenning en inschrijving werd bekomen,en ter uitsluiting van alle andere,activiteiten wettelijk voorbehouden aan erkende financiële instellingen en andere tussenpersonen.
  11. Trading in de meest ruime zin.
  12. De aankoop,verkoop,huur,verhuur,het onderhoud,de plaatsing,herstelling,fabricatie,invoer,uitvoer,ontwikkeling,conceptie,inplanting en organisatie,financiering en leasing,evenals alle industriële,handels en financiële,roerende en onroerende verrichtingen,hoegenaamd ook,die rechtstreeks en onrechtstreeks betrekking hebben op de gegevensverwerkende systemen of gedeelten ervan,zowel wat betreft de apparatuur,de programmatie als de benodigdheden in verband ermee;evenals op machines,apparaturen,installaties en inrichtingen;rollend materieel,zowel personenwagens,lichte vrachtwagens,kampeerwagens,en mobilhomes;bureelinrichtingen;meubileringen;onroerende goederen en opslagruimten;industriële inrichtingen.Het verstrekken van adviezen omtrent het voorgaande en alle aanverwante goederen en diensten,evenals de uitvoering van alle gegevensverwerking en gegevensanalyses.
  13. Alle verrichtingen die rechtsreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer,uitbreiding,verfraaiing en transformatie van een eigen roerend en onroerend patrimonium,zoals:
  14. Onroerende goederen aanwerven,laten bouwen en verbouwen,laten opschikken,laten uitrusten,ombouwen,verfraaien,in huur geven en nemen,verkavelen,onderhouden,ontwikkelen,en uitbaten,urbaniseren,vervreemden,en ruilen met het oog op beheer,wederbelegging en opbrengst;
  15. Beschikbare middelen beleggen in alle roerende goederen en waarden,een portefeuille maken van roerende waarden beheren,en dienaangaande aankopen en verkopen verrichten zonder speculatief karakter.
deed of 09-12-2024 (in Dutch)

Invoicing and payment

VAT number BE 1017.011.544
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1017011544
Registered 15-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

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 1017.011.544

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 11:00
deed of 09-12-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
15 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
2.0 ha
Building footprint
1,092 m²
Building volume
5,479 m³
Cadastral parcel Region Area Buildings Height / floors
31333K0284/00K000 Flanders 2.0 ha 1 · 1,092 m² 10.0 m · 2