Skip to content

Infrabuild

Active
Private limited company·Bouw van rioleringen· 5 yrs active
Ekelbeke 226 ·9220 Hamme (Vl.), Belgium
KBO/BCE: BE 0761.656.371
Watch Print / PDF
Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Infrabuild is 1.5% (moderate). The 2024 annual accounts show equity of €501k and a net result of €102k. Equity is growing by ~48.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 83 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 06-10-2025 67 d late 2025-00531013
31-12-2023 31-07-2024 09-09-2024 40 d late 2024-00456291
31-12-2022 31-07-2023 28-07-2023 3 d early 2023-00283765
31-12-2021 31-07-2022 01-07-2022 30 d early 2022-20155043

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€102k-56.9%
Working capital€50k-75.1%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 06-10-2025 with the NBB · fiscal year 2024 · verkort
€0€100k€200k€300k€400kOperating result 2021: €43k€43kNet result 2021: €38k€38kOperating result 2022: €266k€266kNet result 2022: €219k€219kOperating result 2023: €367k€367kNet result 2023: €236k€236kOperating result 2024: €161k€161kNet result 2024: €102k€102k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~48.7%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€500k€1.00M€1.50M2025: €803k (€727k - €878k)2026: €988k (€867k - €1.11M)2027: €1.17M (€1.01M - €1.34M)2021: €44k2022: €263k2023: €499k2024: €501k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 29.4% 31.8%
better than 45% of 83 sector peers
Net result €102k €22k
better than 75% of 83 sector peers
Equity €501k €140k
better than 80% of 83 sector peers
Gross operating margin €317k €184k
better than 56% of 82 sector peers
Total assets €1.70M €641k
better than 79% of 83 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P45
2021: P5 · n=362022: P25 · n=582023: P36 · n=682024: P45 · n=832021 2024
Improving position over 2021-2024 · n=36-83
Net result P75
2021: P53 · n=362022: P90 · n=582023: P90 · n=682024: P75 · n=832021 2024
Stable position over 2021-2024 · n=36-83
Equity P80
2021: P13 · n=362022: P60 · n=582023: P74 · n=682024: P80 · n=832021 2024
Improving position over 2021-2024 · n=36-83
Gross operating margin P56
2021: P15 · n=362022: P59 · n=582023: P58 · n=682024: P56 · n=822021 2024
Improving position over 2021-2024 · n=36-82
Describes the position versus peers, not a forecast.
EBITDA
€241k
-45.7% 21-24
Net profit
€102k
-56.9% 21-24
Cash flow
€182k
-41.8% 21-24
Total assets
€1.70M
-2.1% 21-24
Equity
€501k
+0.4% 21-24
Working capital
€50k
-75.1% 21-24
Income taxes
€30k
-73.6% 21-24
Dividends
€100k
- 21-24
Debt
€1.20M
-3.1% 21-24
Debt ≤ 1y
€360k
+15.8% 21-24
Debt > 1y
€821k
-11.5% 21-24
Current ratio
1.14
-30.6% 21-24
Quick ratio
1.14
-30.6% 21-24
Solvency
29.4%
+2.5% 21-24
Debt / equity
2.40
-3.4% 21-24
ROE
20.3%
-57.0% 21-24
ROA
6.0%
-55.9% 21-24
Interest coverage
7.91
-66.9% 21-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€241k
Net profit€102k
Cash flow€182k
Staff costs-
Income taxes€30k
Dividends€100k
Total assets€1.70M
Equity€501k
Debt€1.20M
of which ≤ 1y€360k
of which > 1y€821k
Working capital€50k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.14
Quick ratio1.14
Working capital ratio2.9%
Solvency29.4%
Debt / equity2.40
Long-term debt ratio1.64
Interest coverage7.91
Gross margin-
Net margin-
ROA6.0%
ROE20.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.70M
Fixed assets 21/28€1.29M
Tangible fixed assets 22/27€588k
Financial fixed assets 28€704k
Current assets 29/58€409k
Amounts receivable within one year 40/41€202k
Cash & bank 54/58€122k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.70M
Equity 10/15€501k
Contributions / capital 10/11€6k
Reserves 13€494k
Amounts payable 17/49€1.20M
Amounts payable after one year 17€821k
Amounts payable within one year 42/48€360k
Trade debts payable within one year 44€185k
Income statement
Gross operating margin 9900€317k
Operating result 9901€161k
Financial income 75€1k
Financial charges 65€30k
Result before taxes 9903€132k
Income taxes 67/77€30k
Net result for the period 9904€102k
Result to be appropriated 9905€102k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
78 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Infrabuild
Ekelbeke 226, 9220 Hamme (Vl.)Bouw van autowegen en andere wegen
since 20212.312.592.044
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,540 m²
Buildings1
Building footprint240 m²
Volume (LiDAR)1,196 m³
Tallest building8.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42452D1214/00T000 Flanders 1,540 m² 1 · 240 m² 8.3 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health78Profitability100Solvency49Growth78Stability94
80 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 78
Profitability 100
Solvency 49
Growth 78
Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Largest companies in this sector: this company is among the largest, so we show the sector's top

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouw van rioleringen42212Bouw van rioleringen42212Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouw van civieltechnische werken voor elektriciteit en telecommunicatie42220Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120
Primary activity highlighted.
Names & trade names
Legal nameNL Infrabuild
Registered office
Ekelbeke 226
9220 Hamme (Vl.), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.