Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Centrimo Construct from Kortrijk, company number BE0536534120, closed financial year 2025 with a result of € -46,363 after tax. For that financial year Centrimo Construct recorded a gross margin of € 421,402 and equity of € 744,477. Compared with financial year 2024, the result moved from € -13,863 to € -46,363. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 744,477
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,363
▼ 234 % more loss than in 2024
Profit after tax over the fiscal year.
€ 140,672
▲ € 119,176 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,348.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 83,171
▲ 6% vs 2024
€ 83,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3.1 million
▼ 4% vs 2024
Of which on lease € 3.1 million.
Debts at end 2025
€ 3 million
▼ 10% vs 2024
€ 174,683 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 581,380
▲ € 447,896 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,169
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 73,545 | € 4,439,909 | € 303,364 | € 421,402 | ▲ 39% |
| Profit after taxes | € 1,654 | € 299 | € -13,863 | € -46,363 | ▼ € 32,500 |
| Equity | € 777,579 | € 782,799 | € 779,888 | € 744,477 | ▼ 5% |
| Total debts | € 5,079,268 | € 5,677,213 | € 5,566,697 | € 7,146,690 | ▲ 28% |
| Cash | € 36,708 | € 141,978 | € 21,497 | € 140,672 | ▲ € 119,176 |
| Land & buildings | € 403,881 | € 0 | - | - | |
| Retained profit | € 27,579 | € 27,879 | € 14,016 | € -32,348 | ▼ € 46,363 |
| Bank debt | € 2,416,846 | € 3,687,735 | € 3,303,726 | € 2,970,047 | ▼ 10% |
| Balance sheet total | € 5,856,848 | € 6,460,013 | € 6,346,586 | € 7,891,167 | ▲ 24% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of Centrimo Construct, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Centrimo Construct?
What happened at Centrimo Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Centrimo NV stepped down as director. NBB
- Fivanco NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 46,363. Source: NBB ↗
- Centrimo NV became a director. NBB
- Fivanco NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,654 profit in 2022 to € 46,363 loss in 2025.
Paid € 5,013 in corporate taxes since 2022.
Best year ever: 2022, with € 1,654 profit.
On average € 421,400 of value added per employee in 2025.
Management
The stake of Centrimo, FIVANCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Centrimo ConstructThe shares are held by Centrimo (98%) and FIVANCO (2%).
Directors
According to the 2025 annual accounts
Managing director · represented by Jean-luc Desmet
Also active at: Dam 73, REËSTAKIC, A+D Projects
since 2023 · until 2029
Director · represented by David Vanbiervliet
Also active at: Centrimo, INAFZO, KORTRIJKSE VASTGOEDMAATSCHAPPIJ, DE BERG, CONAFIN, HET LANDGOED, Cleaning and Environmental Technology invest, EUROPE PROMOTIONS +12 more
since 2023 · until 2029
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 29 box 21
8500 Kortrijk
Beneluxpark(Kor) 29 box B0021
8500 Kortrijk
Active since 9 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →FIVANCO same network
€ 120,500 revenue · 2025
Centrimo same network
€ 188,427 gross margin · 2025
INAFZO same network
€ -67,046 gross margin · 2025
CONAFIN same network
€ 14,235 gross margin · 2025
YOUNG & Partners/NaviTrans International
€ 12.4 million revenue · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.534.120
- VAT number
- BE 0536.534.120
- Registered office
- Beneluxpark(Kor) 29 bus 21, 8500 Kortrijk
- Names & denominations
- Centrimo Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2013
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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