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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Correct Construct from Ichtegem, company number BE0737836240, closed financial year 2025 with a result of € -7,562 after tax. For that financial year Correct Construct recorded a gross margin of € -6,092 and equity of € -41,513. Compared with financial year 2024, the result moved from € -4,126 to € -7,562. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -41,513
▼ € 7,562 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,562
▼ 83 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,734
▲ € 6,484 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -51,513.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,862
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,630 | € -24,051 | € -1,249 | € -6,092 | ▼ € 4,843 |
| Profit after taxes | € 8,476 | € -63,077 | € -4,126 | € -7,562 | ▼ € 3,436 |
| Equity | € 33,253 | € -29,824 | € -33,950 | € -41,513 | ▼ € 7,562 |
| Total debts | € 128,677 | € 160,032 | € 129,120 | € 147,551 | ▲ 14% |
| Cash | € 4,718 | € 1,807 | € 251 | € 6,734 | ▲ € 6,484 |
| Retained profit | € 23,253 | € -39,824 | € -43,950 | € -51,513 | ▼ € 7,562 |
| Balance sheet total | € 161,930 | € 130,208 | € 95,170 | € 106,039 | ▲ 11% |
Key figures of Correct 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 Correct Construct?
What happened at Correct Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,562. filed late Source: NBB ↗
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,476 profit in 2022 to € 7,562 loss in 2025.
Paid € 2,543 in corporate taxes since 2022.
Best year ever: 2022, with € 8,476 profit.
Management
Behind Correct Construct are Johan Fonteyne and Regine Roose. Johan Fonteyne is also behind ROOSE & FONTEYNE and RLST Fonteyne.
Directors
According to the 2025 annual accounts
Regine Roose
Director
Establishments
Establishment units
Physical locations of this company
Oostendesteenweg(FEER) 216 box B
8480 Ichtegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.836.240
- VAT number
- BE 0737.836.240
- Registered office
- Oostendesteenweg(FEER) 216 bus B, 8480 Ichtegem
- Names & denominations
- Correct Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2019
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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