Active BE 0445.770.824Private limited company

SAINT-MARD CONSTRUCTION

Rue de la Villette,St-Mard 67 ·6762 Virton, Belgium· 34 yrs active

Sector: General construction of other non-residential buildings (41003)

Conclusion Checked

SAINT-MARD CONSTRUCTION has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €14k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 1093 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€99k
Net result	€14k
Staff (FTE)	1
Better than sector	49%

Financial profile 5 of 5 axes measured · computed by Checked

80 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 71

Solvency 85

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.8% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1991, 34 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

94 / 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.

Indicative credit limit

€9k

estimate, not credit advice

Score history

93 2023

76 2024

94 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 2.63 (≥ 1.5) +10

Quick ratio Quick ratio 2.63 (≥ 1.0) +5

Leverage Debt/equity 1.43 (< 2.0) +3

Profitability ROE 14% (≥ 10%) +10

Interest coverage Interest coverage 6.9× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview26 NBB filings

Annual accounts filed on 28-07-2026 with the NBB · fiscal year 2025 · micro schema

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 ~10.1%/year over 3 fiscal years, indicative, assuming unchanged policy.

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 2025 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.2%	42.3%	better than 49% of 1093 sector peers
Net result	€14k	€11k	better than 56% of 1093 sector peers
Equity	€99k	€35k	better than 81% of 1095 sector peers
Gross operating margin	€32k	€29k	better than 53% of 1092 sector peers
Staff costs	€376	€17k	higher than 16% of 289 sector peers

EBITDA

€30k

+75.3% 23-25

Net profit

€14k

+332.9% 23-25

Cash flow

€26k

+74.2% 23-25

Total assets

€241k

-8.6% 23-25

Equity

€99k

+16.4% 23-25

Working capital

€50k

+43.7% 23-25

Employees (FTE)

1

- 23-25

Staff costs

€376

- 23-25

Debt

€142k

-20.6% 23-25

Debt ≤ 1y

€30k

-48.4% 23-25

Debt > 1y

€111k

-6.3% 23-25

Current ratio

2.63

+66.1% 23-25

Quick ratio

2.63

+66.1% 23-25

Solvency

41.2%

+27.4% 23-25

Debt / equity

1.43

-31.8% 23-25

ROE

14.1%

+271.9% 23-25

ROA

5.8%

+373.7% 23-25

Interest coverage

6.86

+1.6% 23-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023
Deposit	micro schema	micro schema	micro schema
Revenue	-	-	-
EBITDA	€30k	€17k	€26k
Net profit	€14k	€3k	€15k
Cash flow	€26k	€15k	€25k
Staff costs	€376	-	-
Income taxes	-	-	-
Dividends	-	-	-
Total assets	€241k	€264k	€129k
Equity	€99k	€85k	€82k
Debt	€142k	€179k	€47k
of which ≤ 1y	€30k	€59k	€18k
of which > 1y	€111k	€119k	€28k
Working capital	€50k	€35k	€72k
Employees (FTE)	1.0	-	-

Ratios (computed)

	2025	2024	2023
Current ratio	2.63	1.59	4.90
Quick ratio	2.63	1.59	4.90
Working capital ratio	20.6%	13.1%	55.6%
Solvency	41.2%	32.3%	63.7%
Debt / equity	1.43	2.09	0.57
Long-term debt ratio	1.12	1.39	0.35
Interest coverage	6.86	6.75	26.11
Gross margin	-	-	-
Net margin	-	-	-
ROA	5.8%	1.2%	11.9%
ROE	14.1%	3.8%	18.6%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €161k · 66.9% Current assets €80k · 33.1%

Equity & liabilities

Equity €99k · 41.2% Debt €142k · 58.8%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€241k	€264k	€129k
Fixed assets	21/28	€161k	€171k	€39k
Tangible fixed assets	22/27	€161k	€170k	€39k
Financial fixed assets	28	€250	€289	€289
Current assets	29/58	€80k	€93k	€90k
Amounts receivable within one year	40/41	€69k	€53k	€58k
Cash & bank	54/58	€10k	€40k	€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€241k	€264k	€129k
Equity	10/15	€99k	€85k	€82k
Contributions / capital	10/11	€19k	€19k	€19k
Reserves	13	€2k	€2k	€2k
Accumulated profits (losses)	14	€79k	€65k	€62k
Amounts payable	17/49	€142k	€179k	€47k
Amounts payable after one year	17	€111k	€119k	€28k
Amounts payable within one year	42/48	€30k	€59k	€18k
Trade debts payable within one year	44	€6k	€10k	€6k
Income statement
Gross operating margin	9900	€32k	€23k	€29k
Operating result	9901	€18k	€6k	€16k
Financial income	75	€25	€145	€113
Financial charges	65	€4k	€3k	€988
Result before taxes	9903	€14k	€3k	€15k
Net result for the period	9904	€14k	€3k	€15k
Result to be appropriated	9905	€14k	€3k	€15k

Legal Structure

NACE primary	General construction of other non-residential buildings(41003)
Legal form	Private limited company(610)
Incorporation	18-11-1991
Status	Active
Postal code	6762

Establishment units 2 locations

Saint-Mard Construction

Rue de la Villette,St-Mard 67, 6762 VirtonWater transport

since 19922.055.872.636

SAINT-MARD CONSTRUCTION

Avenue de France,St-Mard 1, 6762 VirtonGeneral construction of residential buildings

since 20262.387.123.280

Real-estate footprint Source: CBE × cadastre

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
85035B2142/00B000	Wallonia	317 m²	1 · 97 m²	8.2 m · 2 fl.
85035B0347/00B002	Wallonia	223 m²	1 · 110 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 12Financial 1Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €3k ▼78.9%

Net result drops to €3k, the lowest in the series; recovery starts the following year.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-11

State Gazette act Director changes

Florence Moreau

18-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

26-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

08-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 39 days late

2020

30-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 122 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

28-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 31 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

28-11-2023 Change in the board of directors Director changes·Florence Moreau

Notary: Florence Moreau · Virton

Original publication ↗

Technical details

{
  "events": [],
  "notary": {
    "name": "Florence Moreau",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Virton",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-11-28",
    "filing_date": "2023-11-24",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-11-14",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0445.770.824",
    "name_full": "SAINT-MARD CONSTRUCTION",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Florence Moreau",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaire"
  },
  "co_filed_documents": [
    "une exp\u00E9dition de l\u0027acte",
    "les statuts coordonn\u00E9s"
  ],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

General construction of residential buildings41001General construction of other non-residential buildings4100350103Construction of residential and non-residential buildings41002Retail sale of cars and light vans (up to 3.5 tonnes)47811General maintenance and repair of cars and light vans (up to 3.5 tonnes)95311Retail sale of motor vehicle parts and accessories478205020050302

Names & trade names

Legal nameFR

SAINT-MARD CONSTRUCTION

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