What does 123 Construct do?

123 Construct is a plumber in Gent. Private Limited, started on 8 February 2021, 1 establishment.

What is the address of 123 Construct?

The registered office of 123 Construct is located at Vliegtuiglaan 5A, 9000 Gent.

Is 123 Construct still active?

Yes. According to the CBE (2 November 2026) 123 Construct is active, legal situation “Normale toestand”, started on 8 February 2021.

Is 123 Construct registered on Peppol?

Yes, 123 Construct is registered on the Peppol network with ID 0208:0763380397.

What is the enterprise number of 123 Construct?

The enterprise number of 123 Construct is BE0763380397.

When was 123 Construct founded?

123 Construct was founded on 8 February 2021.

Who are the directors of 123 Construct?

According to the 2025 annual accounts, the directors of 123 Construct are: Ditmir Fikaj.

Is 123 Construct a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 February 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 1 events from the Belgian Official Gazette processed.

How much profit did 123 Construct make in 2025?

123 Construct recorded a loss after taxes of € 1,366,385 in financial year 2025.

What is the revenue of 123 Construct?

As a small company, 123 Construct is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -435,408.

How much does an employee at 123 Construct earn?

The average wage cost per full-time employee at 123 Construct was € 62,700 in 2025: staff costs of € 746,306 for 11.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does 123 Construct have?

According to the 2025 annual accounts, 123 Construct has 11.9 full-time equivalents (FTE).

Does 123 Construct have a website?

Yes, 123 Construct has a website at 123construct.be.

123 Construct (Private Limited) - Gent - BE0763380397

Dossier 123 Construct, printed on 2 November 2026 from databakkes.be/en/0763380397/123-construct. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

123 Construct from Gent, company number BE0763380397, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year 123 Construct recorded a gross margin of € -435,408 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € 77,599 to € -1.4 million. 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 September 30, 2026.

What it is worth Caution

€ -1.2 million

▼ € 1.4 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.4 million

▼ still € 77,599 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 48,273

▲ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.2 million.

People and assets in 2025

Full-time equivalents

11.9

▲ 5.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 746,306

▲ 86% vs 2024

€ 62,700 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.

Vehicles and equipment

€ 85,330

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 339,747

€ 37,448 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.4 million

▲ 51% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 95,881

▲ 188% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 70,034 Gross margin 2022: € 70,034 First fiscal year in the series	€ 172,973 Gross margin 2023: € 172,973 ▲ 147% vs 2022 (€ 70,034) Favourable step	€ 620,543 Gross margin 2024: € 620,543 ▲ 259% vs 2023 (€ 172,973) Favourable step	€ -435,408 Gross margin 2025: € -435,408 ▼ € 1.1 million vs 2024 (€ 620,543) Unfavourable step	▼ € 1.1 million
Profit after taxes	€ 58,888 Profit after taxes 2022: € 58,888 First fiscal year in the series	€ 54,850 Profit after taxes 2023: € 54,850 ▼ 7% vs 2022 (€ 58,888) Unfavourable step	€ 77,599 Profit after taxes 2024: € 77,599 ▲ 41% vs 2023 (€ 54,850) Favourable step	€ -1,366,385 Profit after taxes 2025: € -1,366,385 ▼ € 1.4 million vs 2024 (€ 77,599) Unfavourable step	▼ € 1.4 million
Equity	€ 70,888 Equity 2022: € 70,888 First fiscal year in the series	€ 125,739 Equity 2023: € 125,739 ▲ 77% vs 2022 (€ 70,888) Favourable step	€ 203,337 Equity 2024: € 203,337 ▲ 62% vs 2023 (€ 125,739) Favourable step	€ -1,163,047 Equity 2025: € -1,163,047 ▼ € 1.4 million vs 2024 (€ 203,337) Unfavourable step	▼ € 1.4 million
Total debts	€ 27,507 Total debts 2022: € 27,507 First fiscal year in the series	€ 407,414 Total debts 2023: € 407,414 ▲ € 379,906 vs 2022 (€ 27,507) Unfavourable step	€ 1,463,086 Total debts 2024: € 1,463,086 ▲ 259% vs 2023 (€ 407,414) Unfavourable step	€ 2,156,370 Total debts 2025: € 2,156,370 ▲ 47% vs 2024 (€ 1,463,086) Unfavourable step	▲ 47%
Cash	€ 9,619 Cash 2022: € 9,619 First fiscal year in the series	€ 149,079 Cash 2023: € 149,079 ▲ € 139,460 vs 2022 (€ 9,619) Favourable step	€ 47,604 Cash 2024: € 47,604 ▼ 68% vs 2023 (€ 149,079) Unfavourable step	€ 48,273 Cash 2025: € 48,273 ▲ 1% vs 2024 (€ 47,604) Favourable step	▲ 1%
Retained profit	€ 58,888 Retained profit 2022: € 58,888 First fiscal year in the series	€ 113,739 Retained profit 2023: € 113,739 ▲ 93% vs 2022 (€ 58,888) Favourable step	€ 191,337 Retained profit 2024: € 191,337 ▲ 68% vs 2023 (€ 113,739) Favourable step	€ -1,175,047 Retained profit 2025: € -1,175,047 ▼ € 1.4 million vs 2024 (€ 191,337) Unfavourable step	▼ € 1.4 million
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 339,747 Bank debt 2025: € 339,747 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 98,395 Balance sheet total 2022: € 98,395 First fiscal year in the series	€ 533,152 Balance sheet total 2023: € 533,152 ▲ € 434,757 vs 2022 (€ 98,395) Unchanged	€ 1,666,424 Balance sheet total 2024: € 1,666,424 ▲ 213% vs 2023 (€ 533,152) Unchanged	€ 993,323 Balance sheet total 2025: € 993,323 ▼ 40% vs 2024 (€ 1,666,424) Unchanged	▼ 40%
Employees (FTE)	-	-	6.7 Employees (FTE) 2024: 6.7 First fiscal year in the series	11.9 Employees (FTE) 2025: 11.9 ▲ 5.2 vs 2024 (6.7) Unchanged	▲ 5.2

Key figures of 123 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 123 Construct?

What happened at 123 Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.4 million vs 2024). filed late Source: NBB ↗
Feb 10, 2021 Incorporation, published in the Gazette. Source: Staatsblad ↗
Feb 8, 2021 New establishment in Gent. KBO

In short

From € 58,888 profit in 2022 to € 1.4 million loss in 2025.

Paid € 114,328 in corporate taxes since 2022.

Best year ever: 2024, with € 77,599 profit.

On average € 92,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Ditmir Fikaj

123 Construct

Behind 123 Construct is Ditmir Fikaj.

Directors

According to the 2025 annual accounts

Ditmir Fikaj

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Vliegtuiglaan 5A

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS 123construct.be

Technologies

ElementorFont AwesomeNginxPHPSwiperWordPressjQueryjQuery UIlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Network

✓ IPv6

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

10 February 2021 Source: Deed ↗

Ditmir Fikaj(oprichter) 50%
Mersim Spahija(oprichter) 50%

Details

Company number

0763.380.397

VAT number

BE 0763.380.397

Registered office

Vliegtuiglaan 5A, 9000 Gent

Names & denominations

123 Construct · 123

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 February 2021

Peppol

Active · Active since 23 Dec 2025

Contact

123construct.be [email protected] 0483041735

Activities · NACE

Sanitaire werkzaamheden

Algemene bouw van residentiële gebouwen

Algemene bouw van andere niet-residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗