Nodge Construct
ActiveSummary
Nodge Construct has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €-6k. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 24% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+2
Solvency31▼-14
Growth58=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 7.95 against 3.73 in 2024; short-term debt: 12.6% and cash: 5.8% of total assets), but 93.9% 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.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-1%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
50 d early
2024
47 d early
2023
61 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€39k▼ 14.2%
2024 · €45k
2023: €51k
2024: €45k
2023 → 2025
Total assets
€636k▲ 186%
2024 · €222k
2023: €110k
2024: €222k
2023 → 2025
Net result
€-6k▼ 3.7%
2024 · €-6k
2023: €-9k
2024: €-6k
2023 → 2025
Working capital
€556k▲ 258%
2024 · €155k
2023: €85k
2024: €155k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€51k-€45k▼ 12.1%€39k▼ 14.2%
Operating result€-9k-€-2k▲ 80.6%€-6k▼ 279%
Net result€-9k-€-6k▲ 28.2%€-6k▼ 3.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €636k
Fixed assets
€295 ▼ 97.1%
Current assets
€636k ▲ 200%
Equity and liabilities €636k
Equity
€39k ▼ 14.2%
Debt
€598k ▲ 237%
Debt's share of the balance-sheet total rises from 79.7% to 93.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-575
Cash flow
€-5k▼
2024 · €-5k
Current ratio
7.95▲
2024 · 3.73
Quick ratio
0.84▼
2024 · 0.85
Debt to equity
15.43▲
2024 · 3.93
ROE
-16.6%▼
2024 · -13.7%
ROA
-1.0%▲
2024 · -2.8%
Interest coverage
-48.79▼
2024 · -0.08
Debt ≤ 1 year
€80k▲
2024 · €57k
Debt > 1 year
€484k▲
2024 · €118k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€222k€636k▲
Fixed assets21/28€10k€295▼
Tangible fixed assets22/27€1k€295▼
Furniture and vehicles24€1k€295▼
Financial fixed assets28€9k€0▼
Current assets29/58€212k€636k▲
Stocks and contracts in progress3€164k€569k▲
Contracts in progress37€164k€569k▲
Amounts receivable within one year40/41€8k€30k▲
Trade receivables40€1k€1k▼
Other amounts receivable41€6k€29k▲
Cash at bank and in hand54/58€41k€37k▼
Equity and liabilities
Total equity and liabilities10/49€222k€636k▲
Equity10/15€45k€39k▼
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-15k€-21k▼
Amounts payable17/49€177k€598k▲
Amounts payable after more than one year17€118k€484k▲
Financial debts170/4€118k€484k▲
Amounts payable within one year42/48€57k€80k▲
Trade debts44€35k€53k▲
Suppliers440/4€35k€53k▲
Advances received on contracts in progress46€22k€27k▲
Accrued charges and deferred income492/3€2k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€5k€546▼
Gross operating margin9900€5k€-5k▼
Operating profit (loss)9901€-2k€-6k▼
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€7k€108▼
Recurring financial charges65€7k€108▼
Profit (loss) for the period before taxes9903€-6k€-6k▼
Profit (loss) for the period9904€-6k€-6k▼
Profit (loss) for the period to be appropriated9905€-6k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-21k▼
Profit (loss) brought forward from the previous period14P€-9k€-15k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 7.95
Current ratio from 3.73 to 7.95.
2024
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wingene · 1 establishment unit since 2022
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.
Kruisbergstraat 2D8755 WingeneGround area
535 m²
Building footprint
132 m²
Volume, LiDAR
584 m³
Parcel 37012A0631/00T000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nodge Construct
since 20222.334.110.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012A0631/00T000 | Flanders | 535 m² | 1 · 132 m² | 8.6 m · 2 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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,789 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
Founded14-07-2022
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.