Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
CSE CONSTRUCT from Kraainem, company number BE0779298493, closed financial year 2024 with a result of € -1,469 after tax. For that financial year CSE CONSTRUCT recorded a gross margin of € 3,437 and equity of € 3,200. Compared with financial year 2023, the result moved from € 3,176 to € -1,469. 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 August 20, 2025.
€ 3,200
▼ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,469
▼ still € 3,176 profit in 2023
Profit after tax over the fiscal year.
€ 4,937
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,800.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,279
▲ € 25,699 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 18,230
€ 3,684 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,024
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,122
▼ 55% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -3,288 | € 3,669 | € 3,437 | ▼ 6% |
| Profit after taxes | € -3,507 | € 3,176 | € -1,469 | ▼ € 4,645 |
| Equity | € 1,493 | € 4,669 | € 3,200 | ▼ 31% |
| Total debts | € 1,249 | € 10,174 | € 36,191 | ▲ 256% |
| Cash | € 1,142 | € 5,172 | € 4,937 | ▼ 5% |
| Retained profit | € -3,507 | € -331 | € -1,800 | ▼ € 1,469 |
| Bank debt | € 0 | € 0 | € 18,230 | |
| Balance sheet total | € 2,742 | € 14,843 | € 39,391 | ▲ 165% |
Key figures of CSE CONSTRUCT, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CSE CONSTRUCT?
What happened at CSE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,469 (▼ € 4,645 vs 2023). filed late Source: NBB ↗
- New establishment in La Louvière. KBO
- New establishment in Koksijde. KBO
- Abdullah Bayrak became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,507 loss in 2022 to € 1,469 loss in 2024.
Paid € 123 in corporate taxes since 2022.
Best year ever: 2023, with € 3,176 profit.
A new publication or filing at CSE CONSTRUCT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CSE CONSTRUCT is Abdullah Bayrak.
Directors
According to the 2024 annual accounts
Abdullah Bayrak
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Steenweg op Mechelen 455 box 1
1950 Kraainem
Charleroistraat(Kok) 25 box 505
8670 Koksijde
Active since 23 December 2021
Rue de Longtain(L.L) 9
7100 La Louvière
Active since 2 February 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.298.493
- VAT number
- BE 0779.298.493
- Registered office
- Steenweg op Mechelen 455 bus 1, 1950 Kraainem
- Names & denominations
- CSE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2021
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Vervaardiging van metalen constructiewerken en delen daarvan
Algemene bouw van residentiële gebouwen
Bouw van civieltechnische werken voor vloeistoffen, neg
Proefboren en boren
Reparatie en onderhoud van elektrische apparatuur
Reparatie en onderhoud van producten van metaal
Sanitaire werkzaamheden