ABCONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ABCONSTRUCT is 2.3% (moderate). For ABCONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €9k and a net result of €21k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 33677 sector peers (fiscal year 2023). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+52
Solvency69▲+69
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
43.5%
Return on assets
103.4%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-04-2025, 265 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
265 d late
2022
140 d late
2020
179 d late
2019
361 d late
2018
908 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€40k▼ 7.1%
2020 · €43k
2018: €60k
2019: €40k
2020: €43k
2018 → 2022
EBIT margin
5.7%▼ 1.5pp
2020 · 7.3%
2018: 3.2%
2019: 2.6%
2020: 7.3%
2018 → 2022
Net result
€21k▲ 3,563%
2022 · €583
2018: €-191
2019: €-784
2020: €690
2022: €583
2018 → 2023
Working capital
€9k
2022 · €-10k
2018: €-13k
2019: €-14k
2020: €-14k
2022: €-10k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020222023Trend
Turnover€60k-€40k▼ 32.7%€43k▲ 8.3%€40k▼ 7.1%
Equity€-13k-€-14k▼ 5.8%€-14k▲ 4.8%€-10k▲ 26.8%€9k
Operating result€2k-€1k▼ 43.8%€3k▲ 197%€2k▼ 26.4%€21k▲ 822%
Net result€-191-€-784▼ 311%€690€583▼ 15.5%€21k▲ 3,563%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2023; 2023 is 822% above 2022 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €21k
Equity
€9k
Debt
€12k
Debt finances 56.5% of the balance-sheet total.
Key figures and ratios
Current ratio
1.77▲
2022 · 0.59
Quick ratio
0.84▲
2022 · 0.59
Debt to equity
1.30▲
2022 · -2.47
ROE
237.5%
ROA
103.4%▲
2022 · 4.0%
Debt ≤ 1 year
€12k▼
2022 · €24k
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 · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€15k€21k▲
Current assets29/58€15k€21k▲
Stocks and contracts in progress3-€11k
Stocks30/36-€11k
Amounts receivable within one year40/41€15k€10k▼
Trade receivables40€14k€9k▼
Other amounts receivable41€942€1k▲
Equity and liabilities
Total equity and liabilities10/49€15k€21k▲
Equity10/15€-10k€9k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-30k€-11k▲
Amounts payable17/49€24k€12k▼
Amounts payable within one year42/48€24k€12k▼
Financial debts43€7k€12k▲
Credit institutions430/8€7k€12k▲
Trade debts44€256-
Suppliers440/4€256-
Other amounts payable47/48€18k-
Income statement
Code20222023
Turnover70€40k-
Non-recurring operating income76A-€19k
Goods, raw materials, services and sundry goods60/61€38k-
Gross operating margin9900€2k€21k▲
Operating profit (loss)9901€2k€21k▲
Financial charges65/66B€2k-
Recurring financial charges65€2k-
Profit (loss) for the period before taxes9903€583€21k▲
Profit (loss) for the period9904€583€21k▲
Profit (loss) for the period to be appropriated9905€583€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-11k▲
Profit (loss) brought forward from the previous period14P€-31k€-33k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 265 days late
2023
31-12
Financial
Highest result since 2018net €21k ▲3563%
Operating result €21k, net result €21k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.77
Current ratio from 0.59 to 1.77; short-term debt falls from €24k to €12k.
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 179 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 908 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1273 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1638 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 361 days late
2020
31-12
Financial
Back to profitnet €690
Net result €690 after 2 loss-making years.
2019
31-12
Financial
Weakest financial yearnet €-784
Net result drops to €-784, the lowest in the series; recovery starts the following year.
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
10-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 10 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 180 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2008
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.
Victor Mabillestraat 221020 BrusselGround area
431 m²
Building footprint
330 m²
Volume, LiDAR
4,301 m³
2 parcels, Brussels · tallest building 21.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ABCONSTRUCT
since 20082.173.223.236
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0100/00A002 | Brussels | 221 m² | 1 · 125 m² | 21.9 m · 6 fl. |
| 21816C0100/00X000 | Brussels | 211 m² | 1 · 205 m² | 19.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ALOOKA
BE 1003.989.887
Anderlecht · Eq €8,988
A&R CONSTRUCTION BELGIUM
BE 1003.613.765
Dilbeek · Eq €8,986
JAMAR MICHIEL WERKEN
BE 0707.839.682
Tessenderlo-Ham · Eq €8,976
MG RENOVATION
BE 0800.157.156
Ukkel · Eq €8,975
BRAWAL
BE 0786.861.426
Beersel · Eq €9,020
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,868 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.