Steurs Construct
ActiveSummary
Steurs Construct has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €7k. Equity is growing by ~41.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-27
Solvency41▼-32
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.17 in 2024; short-term debt: 41% and cash: 15.9% of total assets), and 83.6% 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.
−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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.4%
Return on assets
3.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
8 d early
2024
9 d early
2023
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▲ 30.0%
2024 · €23k
2023: €11klowest in 3 years
2024: €23k▲ +112% vs 2023
2025: €31k▲ +30.0% vs 2024highest in 3 years
2023 → 2025
Total assets
€187k▲ 282%
2024 · €49k
2023: €36klowest in 3 years
2024: €49k▲ +35.8% vs 2023
2025: €187k▲ +282% vs 2024highest in 3 years
2023 → 2025
Net result
€7k▼ 43.3%
2024 · €12k
2023: €6klowest in 3 years
2024: €12k▲ +105% vs 2023highest in 3 years
2025: €7k▼ -43.3% vs 2024
2023 → 2025
Working capital
€12k▲ 184%
2024 · €4k
2023: €-3klowest in 3 years
2024: €4k▲ +267% vs 2023
2025: €12k▲ +184% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€11k-€23k▲ 112%€31k▲ 30.0%
2023: €11klowest in 3 years
2024: €23k▲ +112% vs 2023
2025: €31k▲ +30.0% vs 2024highest in 3 years
Operating result€8k-€16k▲ 97.6%€11k▼ 31.7%
2023: €8klowest in 3 years
2024: €16k▲ +97.6% vs 2023highest in 3 years
2025: €11k▼ -31.7% vs 2024
Net result€6k-€12k▲ 105%€7k▼ 43.3%
2023: €6klowest in 3 years
2024: €12k▲ +105% vs 2023highest in 3 years
2025: €7k▼ -43.3% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€98k ▲ 410%
Current assets
€89k ▲ 199%
Equity and liabilities €187k
Equity
€31k ▲ 30.0%
Debt
€156k ▲ 516%
Debt's share of the balance-sheet total rises from 51.9% to 83.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €21k
Cash flow
€25k▲
2024 · €17k
Current ratio
1.16▼
2024 · 1.17
Debt to equity
5.11▲
2024 · 1.08
ROE
23.1%▼
2024 · 52.9%
ROA
3.8%▼
2024 · 25.4%
Interest coverage
11.67▼
2024 · 82.83
Debt ≤ 1 year
€76k▲
2024 · €25k
Debt > 1 year
€80k
Income taxes
€2k▼
2024 · €3k
Staff costs
€42k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€187k▲
Fixed assets21/28€19k€98k▲
Tangible fixed assets22/27€19k€98k▲
Plant, machinery and equipment23€8k€42k▲
Furniture and vehicles24€11k€56k▲
Current assets29/58€30k€89k▲
Amounts receivable within one year40/41€10k€49k▲
Trade receivables40€8k€48k▲
Other amounts receivable41€2k€728▼
Cash at bank and in hand54/58€20k€30k▲
Deferred charges and accrued income490/1€350€10k▲
Equity and liabilities
Total equity and liabilities10/49€49k€187k▲
Equity10/15€23k€31k▲
Contributions10/11€5k€5k=
Reserves13€6k€18k▲
Distributable reserves133€6k€18k▲
Profit (loss) carried forward14€12k€7k▼
Amounts payable17/49€25k€156k▲
Amounts payable after more than one year17-€80k
Financial debts170/4-€80k
Amounts payable within one year42/48€25k€76k▲
Current portion of amounts payable after more than one year42-€13k
Trade debts44€3k€31k▲
Suppliers440/4€3k€31k▲
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€20k€23k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€42k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€18k▲
Other operating charges640/8€292€749▲
Gross operating margin9900€21k€72k▲
Operating profit (loss)9901€16k€11k▼
Financial income75/76B€21€320▲
Recurring financial income75€21€320▲
Financial charges65/66B€252€3k▲
Recurring financial charges65€252€3k▲
Profit (loss) for the period before taxes9903€16k€9k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€12k€7k▼
Profit (loss) for the period to be appropriated9905€12k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€19k▲
Profit (loss) brought forward from the previous period14P-€12k
Transfer to equity691/2-€12k
To other reserves6921-€12k
Social balance
Average headcount (FTE)9087-0.8
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €42k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €5k | €18k | ▲ 271% |
| Other operating charges640/8 | €171 | €292 | €749 | ▲ 157% |
| Gross operating margin9900 | €9k | €21k | €72k | ▲ 243% |
| Operating profit (loss)9901 | €8k | €16k | €11k | ▼ 31.7% |
| Financial income75/76B | €249 | €21 | €320 | ▲ 1,421% |
| Recurring financial income75 | €249 | €21 | €320 | ▲ 1,421% |
| Financial charges65/66B | €644 | €252 | €3k | ▲ 897% |
| Recurring financial charges65 | €644 | €252 | €3k | ▲ 897% |
| Profit (loss) for the period before taxes9903 | €8k | €16k | €9k | ▼ 44.6% |
| Income taxes67/77 | €2k | €3k | €2k | ▼ 49.6% |
| Profit (loss) for the period9904 | €6k | €12k | €7k | ▼ 43.3% |
| Profit (loss) for the period to be appropriated9905 | €6k | €12k | €7k | ▼ 43.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €36k | €49k | €187k | ▲ 282% |
| Fixed assets21/28 | €14k | €19k | €98k | ▲ 410% |
| Tangible fixed assets22/27 | €14k | €19k | €98k | ▲ 410% |
| Plant, machinery and equipment23 | €7k | €8k | €42k | ▲ 425% |
| Furniture and vehicles24 | €7k | €11k | €56k | ▲ 398% |
| Current assets29/58 | €22k | €30k | €89k | ▲ 199% |
| Amounts receivable within one year40/41 | €8k | €10k | €49k | ▲ 413% |
| Trade receivables40 | €7k | €8k | €48k | ▲ 520% |
| Other amounts receivable41 | €1k | €2k | €728 | ▼ 59.0% |
| Cash at bank and in hand54/58 | €14k | €20k | €30k | ▲ 51.0% |
| Deferred charges and accrued income490/1 | - | €350 | €10k | ▲ 2,699% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €36k | €49k | €187k | ▲ 282% |
| Equity10/15 | €11k | €23k | €31k | ▲ 30.0% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €6k | €6k | €18k | ▲ 205% |
| Distributable reserves133 | €6k | €6k | €18k | ▲ 205% |
| Profit (loss) carried forward14 | - | €12k | €7k | ▼ 43.3% |
| Amounts payable17/49 | €25k | €25k | €156k | ▲ 516% |
| Amounts payable after more than one year17 | - | - | €80k | - |
| Financial debts170/4 | - | - | €80k | - |
| Amounts payable within one year42/48 | €24k | €25k | €76k | ▲ 202% |
| Current portion of amounts payable after more than one year42 | - | - | €13k | - |
| Trade debts44 | €29 | €3k | €31k | ▲ 1,140% |
| Suppliers440/4 | €29 | €3k | €31k | ▲ 1,140% |
| Taxes, remuneration and social security45 | €2k | €3k | €9k | ▲ 193% |
| Taxes450/3 | €2k | €3k | €6k | ▲ 88.7% |
| Remuneration and social security454/9 | - | - | €3k | - |
| Other amounts payable47/48 | €23k | €20k | €23k | ▲ 16.2% |
| Accrued charges and deferred income492/3 | €642 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €12k | €7k | ▼ 43.3% |
| + Depreciation and write-downs630 | €1k | €5k | €18k | ▲ 271% |
| Operating cash flow (approximation) | €7k | €17k | €25k | ▲ 46.4% |
| Investment in fixed assets (approximation) | - | €-10k | €-97k | ▼ 875% |
| Change in cash | - | €6k | €10k | ▲ 76.2% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2023net €12k ▲105%
Operating result €16k, net result €12k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kasterlee · 1 establishment unit since 2023
Ground area
1,114 m²
Building footprint
146 m²
Volume, LiDAR
20 m³
Parcel 13038C0012/00C002, Flanders · tallest building 1.7 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Steurs Construct
since 20232.344.908.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038C0012/00C002 | Flanders | 1,114 m² | 1 · 146 m² | 1.7 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 211 EUR awarded · 211 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 211 EUR | 211 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,552 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
Founded26-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
Contact
E-mail
yannicksteurs@gmail.com
Phone
0494592666
Scores and ratios are computed by Checked and are not a credit decision.