NADORCONSTRUCT
ActiveThe computed 12-month bankruptcy probability of NADORCONSTRUCT is 2.7% (moderate). The 2024 annual accounts show equity of €15k and a net result of €8k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 48% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▲+97
Solvency66▲+5
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.22 in 2023; short-term debt: 59.3% and cash: 27.7% of total assets), but 59.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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
Sector 41
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 2024Solvency, return and age of the figures
Solvency
40.7%
Return on assets
22.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
57 d late
2022
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 125%
2023 · €7k
2022: €13k
2023: €7k
2022 → 2024
Total assets
€38k▲ 100%
2023 · €19k
2022: €28k
2023: €19k
2022 → 2024
Net result
€8k
2023 · €-6k
2022: €8k
2023: €-6k
2022 → 2024
Working capital
€14k▲ 443%
2023 · €3k
2022: €5k
2023: €3k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€13k-€7k▼ 48.6%€15k▲ 125%
Operating result€10k-€-6k€9k
Net result€8k-€-6k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €9k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€1k▼ 70.5%
Current assets
€36k▲ 149%
Equity and liabilities €38k
Equity
€15k▲ 125%
Debt
€22k▲ 86.1%
The debt ratio falls from 63.8% to 59.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €-3k
Cash flow
€11k▲
2023 · €-3k
Solvency
40.7%▲
2023 · 36.2%
Current ratio
1.63▲
2023 · 1.22
Quick ratio
0.87▼
2023 · 1.07
Debt / equity
1.46▼
2023 · 1.76
ROE
55.5%▲
2023 · -94.5%
ROA
22.6%▲
2023 · -34.2%
Interest coverage
51.95▲
2023 · -22.27
Debt
€22k▲
2023 · €12k
Debt ≤ 1 year
€22k▲
2023 · €12k
Income taxes
€654
Staff costs
€376▲
2023 · €60
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€19k€38k▲
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€3k-
Current assets29/58€15k€36k▲
Stocks and contracts in progress3€2k€17k▲
Stocks30/36€2k€17k▲
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€5k€7k▲
Cash at bank and in hand54/58€678€10k▲
Deferred charges and accrued income490/1-€185
Equity and liabilities
Total equity and liabilities10/49€19k€38k▲
Equity10/15€7k€15k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€2k€10k▲
Amounts payable17/49€12k€22k▲
Amounts payable within one year42/48€12k€22k▲
Trade debts44€3k€13k▲
Suppliers440/4€3k€13k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€2k€685▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€5k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€60€376▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€348€212▼
Gross operating margin9900€-2k€13k▲
Operating profit (loss)9901€-6k€9k▲
Financial charges65/66B€122€237▲
Recurring financial charges65€122€237▲
Profit (loss) for the period before taxes9903€-6k€9k▲
Income taxes67/77-€654
Profit (loss) for the period9904€-6k€8k▲
Profit (loss) for the period to be appropriated9905€-6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€10k▲
Profit (loss) brought forward from the previous period14P€8k€2k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼178%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Saint-Ghislain · 1 establishment unit since 2021
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.
Rue de la Hamaide(T) 1177333 Saint-GhislainGround area
1,189 m²
Building footprint
768 m²
Volume, LiDAR
3,435 m³
Parcel 53075D0116/00N003, Wallonia · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NADORCONSTRUCT
since 20212.323.415.660
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53075D0116/00N003 | Wallonia | 1,189 m² | 1 · 768 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
SEGA
BE 1008.292.828
Temse · Eq €15k
EnEX TECHNICS
BE 0656.718.803
Honnelles · Eq €15k
Bouw - Verly
BE 0417.106.928
Ieper · Eq €15k
PIERRE FASSOTTE
BE 0755.802.026
Olne · Eq €15k
BOUWWERKEN SMEULDERS
BE 0779.785.968
Brecht · Eq €15k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 10,742 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:nadorconstruct@outlook.com
Phone:+32477533154