AID CONSTRUCT
ActiveSummary
AID CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €151k and a net result of €59k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+9
Solvency92▲+5
Growth59▲+7
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 2.8 in 2023; short-term debt: 31.6% and cash: 0.2% of total assets), and 33.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 30-06-2025, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
108 d late
2022
253 d late
2021
99 d late
2020
34 d early
2019
337 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€234k▲ 58.0%
2023 · €148k
2019: €280khighest in 6 years
2020: €255k▼ -8.9% vs 2019
2021: €222k▼ -12.9% vs 2020
2022: €158k▼ -28.7% vs 2021
2023: €148k▼ -6.5% vs 2022lowest in 6 years
2024: €234k▲ +58.0% vs 2023
2019 → 2024
EBIT margin
34.6%▲ 15.0pp
2023 · 19.5%
2019: 2.5%lowest in 6 years
2020: 13.4%▲ +431% vs 2019
2021: 20.0%▲ +50.0% vs 2020
2022: 14.4%▼ -28.3% vs 2021
2023: 19.5%▲ +36.0% vs 2022
2024: 34.6%▲ +76.9% vs 2023highest in 6 years
2019 → 2024
Net result
€59k▲ 174%
2023 · €21k
2019: €4klowest in 6 years
2020: €23k▲ +483% vs 2019
2021: €32k▲ +38.2% vs 2020
2022: €12k▼ -63.3% vs 2021
2023: €21k▲ +83.9% vs 2022
2024: €59k▲ +174% vs 2023highest in 6 years
2019 → 2024
Working capital
€150k▲ 56.3%
2023 · €96k
2019: €4klowest in 6 years
2020: €9k▲ +116% vs 2019
2021: €48k▲ +462% vs 2020
2022: €71k▲ +47.9% vs 2021
2023: €96k▲ +35.5% vs 2022
2024: €150k▲ +56.3% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€255k-€222k▼ 12.9%€158k▼ 28.7%€148k▼ 6.5%€234k▲ 58.0%
2020: €255khighest in 5 years
2021: €222k▼ -12.9% vs 2020
2022: €158k▼ -28.7% vs 2021
2023: €148k▼ -6.5% vs 2022lowest in 5 years
2024: €234k▲ +58.0% vs 2023
Equity€27k-€59k▲ 118%€70k▲ 19.9%€92k▲ 30.5%€151k▲ 63.9%
2020: €27klowest in 5 years
2021: €59k▲ +118% vs 2020
2022: €70k▲ +19.9% vs 2021
2023: €92k▲ +30.5% vs 2022
2024: €151k▲ +63.9% vs 2023highest in 5 years
Operating result€34k-€44k▲ 30.7%€23k▼ 48.9%€29k▲ 27.1%€81k▲ 179%
2020: €34k
2021: €44k▲ +30.7% vs 2020
2022: €23k▼ -48.9% vs 2021lowest in 5 years
2023: €29k▲ +27.1% vs 2022
2024: €81k▲ +179% vs 2023highest in 5 years
Net result€23k-€32k▲ 38.2%€12k▼ 63.3%€21k▲ 83.9%€59k▲ 174%
2020: €23k
2021: €32k▲ +38.2% vs 2020
2022: €12k▼ -63.3% vs 2021lowest in 5 years
2023: €21k▲ +83.9% vs 2022
2024: €59k▲ +174% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 179% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €226k
Fixed assets
€5k
Current assets
€221k
Equity and liabilities €226k
Equity
€151k ▲ 63.9%
Debt
€75k ▲ 31.5%
Debt's share of the balance-sheet total falls from 38.4% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▲
2023 · €33k
Cash flow
€62k▲
2023 · €25k
Current ratio
3.10▲
2023 · 2.80
Debt to equity
0.50▼
2023 · 0.62
ROE
39.0%▲
2023 · 23.4%
ROA
26.0%▲
2023 · 14.4%
Interest coverage
397.94▲
2023 · 118.37
Debt ≤ 1 year
€71k▲
2023 · €53k
Debt > 1 year
€4k=
2023 · €4k
Income taxes
€22k▲
2023 · €7k
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€149k€226k▲
Fixed assets21/28-€5k
Tangible fixed assets22/27-€5k
Furniture and vehicles24-€5k
Current assets29/58€149k€221k▲
Amounts receivable within one year40/41€149k€220k▲
Trade receivables40€51k€74k▲
Other amounts receivable41€98k€147k▲
Cash at bank and in hand54/58€1€373▲
Equity and liabilities
Total equity and liabilities10/49€149k€226k▲
Equity10/15€92k€151k▲
Contributions10/11€1€1=
Profit (loss) carried forward14€92k€151k▲
Amounts payable17/49€57k€75k▲
Amounts payable after more than one year17€4k€4k=
Financial debts170/4€4k€4k=
Amounts payable within one year42/48€53k€71k▲
Trade debts44€38k€38k▲
Suppliers440/4€12k€12k▼
Bills of exchange payable441€26k€26k▲
Taxes, remuneration and social security45€16k€33k▲
Taxes450/3€16k€33k▲
Income statement
Code20232024
Turnover70€148k€234k▲
Goods, raw materials, services and sundry goods60/61€115k€150k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Gross operating margin9900€33k€84k▲
Operating profit (loss)9901€29k€81k▲
Financial charges65/66B€275€211▼
Recurring financial charges65€275€211▼
Profit (loss) for the period before taxes9903€29k€81k▲
Income taxes67/77€7k€22k▲
Profit (loss) for the period9904€21k€59k▲
Profit (loss) for the period to be appropriated9905€21k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€151k▲
Profit (loss) brought forward from the previous period14P€70k€92k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €255k | €222k | €158k | €148k | €234k | ▲ 58.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €170k | €132k | €115k | €150k | ▲ 29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €4k | €4k | €3k | ▼ 14.5% |
| Gross operating margin9900 | €42k | €52k | €26k | €33k | €84k | ▲ 158% |
| Operating profit (loss)9901 | €34k | €44k | €23k | €29k | €81k | ▲ 179% |
| Financial charges65/66B | - | €162 | €7k | €275 | €211 | ▼ 23.3% |
| Recurring financial charges65 | €258 | €162 | €7k | €275 | €211 | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | €34k | €44k | €16k | €29k | €81k | ▲ 181% |
| Income taxes67/77 | €11k | €13k | €4k | €7k | €22k | ▲ 204% |
| Profit (loss) for the period9904 | €23k | €32k | €12k | €21k | €59k | ▲ 174% |
| Profit (loss) for the period to be appropriated9905 | €23k | €32k | €12k | €21k | €59k | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €92k | €121k | €149k | €226k | ▲ 51.5% |
| Fixed assets21/28 | €21k | €14k | €4k | - | €5k | - |
| Tangible fixed assets22/27 | €21k | €14k | €4k | - | €5k | - |
| Furniture and vehicles24 | - | €14k | €4k | - | €5k | - |
| Current assets29/58 | €46k | €78k | €117k | €149k | €221k | ▲ 48.3% |
| Amounts receivable within one year40/41 | €45k | €78k | €117k | €149k | €220k | ▲ 48.0% |
| Trade receivables40 | - | €23k | €26k | €51k | €74k | ▲ 45.3% |
| Other amounts receivable41 | - | €56k | €91k | €98k | €147k | ▲ 49.4% |
| Cash at bank and in hand54/58 | €1k | €48 | €20 | €1 | €373 | ▲ 58,175% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €92k | €121k | €149k | €226k | ▲ 51.5% |
| Equity10/15 | €27k | €59k | €70k | €92k | €151k | ▲ 63.9% |
| Contributions10/11 | - | €1 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | €27k | €59k | €70k | €92k | €151k | ▲ 63.9% |
| Amounts payable17/49 | €41k | €33k | €51k | €57k | €75k | ▲ 31.5% |
| Amounts payable after more than one year17 | €3k | €3k | €4k | €4k | €4k | = |
| Financial debts170/4 | - | - | €4k | €4k | €4k | = |
| Other amounts payable178/9 | - | €3k | - | - | - | - |
| Amounts payable within one year42/48 | €38k | €31k | €47k | €53k | €71k | ▲ 33.9% |
| Trade debts44 | €22k | €6k | €30k | €38k | €38k | ▲ 0.8% |
| Suppliers440/4 | - | - | €13k | €12k | €12k | ▼ 0.5% |
| Bills of exchange payable441 | - | €6k | €17k | €26k | €26k | ▲ 1.5% |
| Taxes, remuneration and social security45 | - | €24k | €17k | €16k | €33k | ▲ 113% |
| Taxes450/3 | - | €24k | €17k | €16k | €33k | ▲ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €32k | €12k | €21k | €59k | ▲ 174% |
| + Depreciation and write-downs630 | €8k | €8k | €4k | €4k | €3k | ▼ 14.5% |
| Operating cash flow (approximation) | €30k | €39k | €15k | €25k | €62k | ▲ 146% |
| Investment in fixed assets (approximation) | - | €0 | €6k | - | - | - |
| Change in cash | - | €-1k | €-28 | €-19 | €372 | ▲ 2,011% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-11
Financial
Highest result since 2019net €59k ▲174%
Operating result €81k, net result €59k, both a record.
30-11
Financial
Equity above €150kEq €151k ▲63.9%
6 profitable years in a row build equity to €151k.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 108 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 253 days late
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
30-11
Financial
Liquidity doublescurrent ratio 2.56
Current ratio from 1.22 to 2.56; short-term debt falls from €38k to €31k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 337 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Wezembeek-Oppem · 1 establishment unit since 2021
Ground area
744 m²
Building footprint
465 m²
Volume, LiDAR
4,191 m³
2 parcels, Brussels, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
599
companies at this address
See who is registered here
1 establishment unit
AID CONSTRUCT
since 20212.317.029.991
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
| 21012E0001/00W000 | Brussels | 224 m² | 1 · 141 m² | 16.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,634 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-07-2018
Fiscal year end30-11
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
43990Other specialised construction activities
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.