Financials
- Financial year
- 2024
- Total assets
- €244,359
- Loss
- -€8,163
- Solvency
- 52.7%
Turnover▲ 73.4%
Net result
20182021
O.N. CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of O.N. CONSTRUCT is 2.2% (moderate). The 2024 annual accounts show equity of €128,785 and a net result of -€8,163. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 73% of 1,293 sector peers (NACE 41, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€244,359total assets 2024
- Equity
- €128,785
- Loss
- -€8,163
Structure
Accounts 71 days overdue
Why 53raises risk1 financial year not filed after the legal deadline; latest accounts 184 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 04-02-2026)lowers riskFounded in 1997Liquidity: current ratio 2.07, cash €45,893Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Average
Solvency
78+27
equity 52.7% of total assets
Liquidity
50+29
short-term debt 47.3% · cash 18.8%
Profitability
29-1
return on assets -3.3%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%lowest value
12-2024: 1.7%▲ +1.2 percentage points vs 11-2024
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.6%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.3 percentage points vs 07-2025
09-2025: 2.3%▲ +0.3 percentage points vs 08-2025
10-2025: 2.7%▲ +0.4 percentage points vs 09-2025
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 3.3%▲ +0.6 percentage points vs 11-2025
01-2026: 6.5%▲ +3.2 percentage points vs 12-2025highest value
02-2026: 6.5%● unchanged vs 01-2026highest value
03-2026: 1.4%▼ -5.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.3%▼ -0.1 percentage points vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.2 percentage points vs 07-2026
09-2026: 1.8%▲ +0.2 percentage points vs 08-2026
10-2026: 2.2%▲ +0.4 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 2.07, compared with 1.34 in 2023; short-term debt: 47.3% and cash: 18.8% of total assets), and 47.3% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 61% on solvency, 52% on liquidity, 19% on profitability and 28% on growth.
The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
−lowers risk+raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€8,163
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-01-2026, 184 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
184 days late
2023
91 days late
2022
30 days late
2021
118 days late
2020
116 days late
2019
376 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 153 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · full…
Key points
By topic
Timeline
- Events
- 32
- Since
- 1999
- 31-12-2022Back to profit
- 31-12-2022Liquidity more than quadruples
- 31-12-2022Equity above €150,000
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 26-06-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.