Oubaha Construct
ActiveSummary
The computed 12-month bankruptcy probability of Oubaha Construct is 2.3% (moderate). The 2024 annual accounts show equity of €40k and a net result of €2k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 72% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability41▼-59
Solvency88▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 2.77 in 2023; short-term debt: 28.9% and cash: 3.9% of total assets), and 36.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
63.3%
Return on assets
2.5%
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 26-09-2025, 57 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
92 d late
2022
61 d late
2021
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€40k▲ 4.1%
2023 · €39k
2021: €14klowest in 4 years
2022: €22k▲ +63.5% vs 2021
2023: €39k▲ +72.3% vs 2022
2024: €40k▲ +4.1% vs 2023highest in 4 years
2021 → 2024
Total assets
€64k▼ 3.0%
2023 · €65k
2021: €69khighest in 4 years
2022: €53k▼ -23.4% vs 2021lowest in 4 years
2023: €65k▲ +24.6% vs 2022
2024: €64k▼ -3.0% vs 2023
2021 → 2024
Net result
€2k▼ 90.2%
2023 · €16k
2021: €26khighest in 4 years
2022: €15k▼ -43.9% vs 2021
2023: €16k▲ +10.2% vs 2022
2024: €2k▼ -90.2% vs 2023lowest in 4 years
2021 → 2024
Working capital
€42k▲ 9.0%
2023 · €39k
2021: €13klowest in 4 years
2022: €16k▲ +20.4% vs 2021
2023: €39k▲ +148% vs 2022
2024: €42k▲ +9.0% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€14k-€22k▲ 63.5%€39k▲ 72.3%€40k▲ 4.1%
2021: €14klowest in 4 years
2022: €22k▲ +63.5% vs 2021
2023: €39k▲ +72.3% vs 2022
2024: €40k▲ +4.1% vs 2023highest in 4 years
Operating result€28k-€15k▼ 45.8%€22k▲ 42.6%€3k▼ 85.3%
2021: €28khighest in 4 years
2022: €15k▼ -45.8% vs 2021
2023: €22k▲ +42.6% vs 2022
2024: €3k▼ -85.3% vs 2023lowest in 4 years
Net result€26k-€15k▼ 43.9%€16k▲ 10.2%€2k▼ 90.2%
2021: €26khighest in 4 years
2022: €15k▼ -43.9% vs 2021
2023: €16k▲ +10.2% vs 2022
2024: €2k▼ -90.2% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 85% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets
€3k ▼ 36.8%
Current assets
€61k ▼ 0.1%
Equity and liabilities €64k
Equity
€40k ▲ 4.1%
Debt
€23k ▼ 13.1%
Debt's share of the balance-sheet total falls from 41.0% to 36.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €25k
Cash flow
€5k▼
2023 · €19k
Current ratio
3.30▲
2023 · 2.77
Quick ratio
1.66▼
2023 · 2.77
Debt to equity
0.58▼
2023 · 0.70
ROE
3.9%▼
2023 · 42.0%
ROA
2.5%▼
2023 · 24.7%
Interest coverage
2.28▼
2023 · 9.01
Debt ≤ 1 year
€18k▼
2023 · €22k
Income taxes
€660▼
2023 · €4k
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 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€65k€64k▼
Formation expenses20€352€144▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€61k€61k▼
Stocks and contracts in progress3-€30k
Contracts in progress37-€30k
Amounts receivable within one year40/41€48k€28k▼
Trade receivables40€25k€146▼
Other amounts receivable41€23k€28k▲
Cash at bank and in hand54/58€12k€3k▼
Deferred charges and accrued income490/1€322€322=
Equity and liabilities
Total equity and liabilities10/49€65k€64k▼
Equity10/15€39k€40k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€36k€38k▲
Amounts payable17/49€27k€23k▼
Amounts payable within one year42/48€22k€18k▼
Advances received on contracts in progress46€18k€18k=
Taxes, remuneration and social security45€4k€660▼
Taxes450/3€4k€660▼
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€925€2k▲
Gross operating margin9900€26k€8k▼
Operating profit (loss)9901€22k€3k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€20k€2k▼
Income taxes67/77€4k€660▼
Profit (loss) for the period9904€16k€2k▼
Profit (loss) for the period to be appropriated9905€16k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€38k▲
Profit (loss) brought forward from the previous period14P€20k€36k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €273 | €2k | €3k | €3k | ▲ 4.6% |
| Other operating charges640/8 | - | €560 | €925 | €2k | ▲ 63.0% |
| Gross operating margin9900 | €29k | €18k | €26k | €8k | ▼ 68.9% |
| Operating profit (loss)9901 | €28k | €15k | €22k | €3k | ▼ 85.3% |
| Financial income75/76B | €1k | €2k | €1k | €2k | ▲ 48.1% |
| Recurring financial income75 | €1k | €2k | €1k | €2k | ▲ 48.1% |
| Financial charges65/66B | €496 | €320 | €3k | €3k | ▲ 3.6% |
| Recurring financial charges65 | €496 | €320 | €3k | €3k | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €29k | €17k | €20k | €2k | ▼ 89.0% |
| Income taxes67/77 | €3k | €3k | €4k | €660 | ▼ 84.2% |
| Profit (loss) for the period9904 | €26k | €15k | €16k | €2k | ▼ 90.2% |
| Profit (loss) for the period to be appropriated9905 | €26k | €15k | €16k | €2k | ▼ 90.2% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €69k | €53k | €65k | €64k | ▼ 3.0% |
| Formation expenses20 | €769 | €561 | €352 | €144 | ▼ 59.2% |
| Fixed assets21/28 | - | €6k | €5k | €3k | ▼ 36.8% |
| Tangible fixed assets22/27 | - | €6k | €5k | €3k | ▼ 36.8% |
| Furniture and vehicles24 | - | €6k | €5k | €3k | ▼ 36.8% |
| Current assets29/58 | €68k | €46k | €61k | €61k | ▼ 0.1% |
| Stocks and contracts in progress3 | - | - | - | €30k | - |
| Contracts in progress37 | - | - | - | €30k | - |
| Amounts receivable within one year40/41 | €66k | €30k | €48k | €28k | ▼ 42.5% |
| Trade receivables40 | €29k | €1k | €25k | €146 | ▼ 99.4% |
| Other amounts receivable41 | €38k | €29k | €23k | €28k | ▲ 19.8% |
| Cash at bank and in hand54/58 | €2k | €15k | €12k | €3k | ▼ 79.4% |
| Deferred charges and accrued income490/1 | - | €322 | €322 | €322 | = |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €69k | €53k | €65k | €64k | ▼ 3.0% |
| Equity10/15 | €14k | €22k | €39k | €40k | ▲ 4.1% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €11k | €20k | €36k | €38k | ▲ 4.4% |
| Amounts payable17/49 | €55k | €30k | €27k | €23k | ▼ 13.1% |
| Amounts payable within one year42/48 | €55k | €30k | €22k | €18k | ▼ 16.1% |
| Trade debts44 | €8k | €1k | - | - | - |
| Suppliers440/4 | €8k | €1k | - | - | - |
| Advances received on contracts in progress46 | €29k | €18k | €18k | €18k | = |
| Taxes, remuneration and social security45 | €3k | €5k | €4k | €660 | ▼ 84.2% |
| Taxes450/3 | €3k | €5k | €4k | €660 | ▼ 84.2% |
| Other amounts payable47/48 | €15k | €6k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €5k | €5k | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €15k | €16k | €2k | ▼ 90.2% |
| + Depreciation and write-downs630 | €273 | €2k | €3k | €3k | ▲ 4.6% |
| Operating cash flow (approximation) | €26k | €17k | €19k | €5k | ▼ 74.4% |
| Investment in fixed assets (approximation) | - | - | €-2k | €-2k | ▼ 13.6% |
| Change in cash | - | €14k | €-3k | €-10k | ▼ 192% |
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
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼90.2%
Net result drops to €2k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Diest · 1 establishment unit since 2020
Ground area
3,220 m²
Building footprint
564 m²
Volume, LiDAR
3,624 m³
Parcel 24120B0007/00Z000, Flanders · tallest building 15.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Oubaha Construct
since 20202.307.907.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24120B0007/00Z000 | Flanders | 3,220 m² | 1 · 564 m² | 15.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,856 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
Founded10-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43310Plastering work
43331Floor and wall tiling
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.