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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Construct 34 from Westerlo, company number BE0848110887, closed financial year 2025 with a result of € 74,311 after tax. For that financial year Construct 34 recorded a gross margin of € 195,538 and equity of € 935,570. Compared with financial year 2024, the result moved from € 172,649 to € 74,311. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 935,570
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,311
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 104,332
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 178,389 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 20,069
▲ € 19,518 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 116,525
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42,284
▼ 27% vs 2024
€ 15,654 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,329
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,513
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 614,120 | € 461,622 | € 273,976 | € 195,538 | ▼ 29% |
| Profit after taxes | € 204,410 | € 150,955 | € 172,649 | € 74,311 | ▼ 57% |
| Equity | € 960,942 | € 1,111,897 | € 1,041,136 | € 935,570 | ▼ 10% |
| Total debts | € 375,759 | € 188,935 | € 248,154 | € 355,332 | ▲ 43% |
| Cash | € 584,405 | € 241,911 | € 77,262 | € 104,332 | ▲ 35% |
| Land & buildings | € 325,783 | € 294,600 | € 266,055 | € 234,692 | ▼ 12% |
| Retained profit | € 942,342 | € 1,093,297 | € 1,022,536 | € 916,970 | ▼ 10% |
| Dividend | € 141,150 | € 0 | € 242,393 | € 178,389 | ▼ 26% |
| Bank debt | € 87,825 | € 72,878 | € 57,699 | € 42,284 | ▼ 27% |
| Balance sheet total | € 1,336,702 | € 1,300,833 | € 1,289,290 | € 1,290,901 | |
| Employees (FTE) | 4.3 | 2.7 | - | - |
Key figures of Construct 34, 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 Construct 34?
What happened at Construct 34 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,311 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Hugo Cobbaut became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 204,410 profit in 2022 to € 74,311 profit in 2025.
Paid € 259,716 in corporate taxes since 2022.
Best year ever: 2022, with € 204,410 profit.
On average € 171,000 of value added per employee in 2023.
A new publication or filing at Construct 34? 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 Construct 34 is Hugo Cobbaut. Hugo Cobbaut is also behind COHERENTAS.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Lange Nieuwstraat 34 box B
2260 Westerlo
Lange Nieuwstraat 34B
2260 Westerlo
Active since 20 August 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0848.110.887
- VAT number
- BE 0848.110.887
- Registered office
- Lange Nieuwstraat 34 bus B, 2260 Westerlo
- Names & denominations
- Construct 34 · Studiebureau Cobbaut
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2012
- Peppol
- Active · Active since 1 Aug 2024
- Activities · NACE
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