About 123 Construct
123 Construct is a private limited company (BV/SRL) based in Gent, founded in 2021. Its main activity is classified as "Algemene bouw van residentiële gebouwen". For the 2025 financial year, 123 Construct reported a loss of €1.4 million. A year earlier, in 2024, it still made a profit of €77,599. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€435,408. It employed an average of 7.8 full-time equivalents. Equity is negative (-€1.2 million): liabilities exceed assets. 4 annual accounts are available, covering 2022 to 2025.
- Sectors
- Construction companies Plumbers
- Signals
-
Negative equityNegative equity € -1.16M
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -1.37MThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.29The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -1.25MOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -1.24MEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 4.0%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
-435K
|
€
621K
|
€
173K
|
€
70K
|
|
|
€
-1.24M
|
€
207K
|
€
119K
|
€
67K
|
|
|
€
-1.37M
|
€
78K
|
€
55K
|
€
59K
|
|
|
€
-1.16M
|
€
203K
|
€
126K
|
€
71K
|
|
|
-117.09%
|
12.20%
|
23.58%
|
72.04%
|
|
|
€
2.16M
|
€
1.46M
|
€
407K
|
€
28K
|
|
|
€
48K
|
€
48K
|
€
149K
|
€
10K
|
|
|
7.80
|
12.80
|
|
|
Publications 2
All publications- Ontslagen - Benoemingen 16/12/2022
- Rubriek Oprichting (Nieuwe Rechtspersoon, Opening Bijkantoor, Enz...) 10/02/2021
Frequently asked questions
Answers to the most common questions about 123 Construct, based on official government data and the filed annual accounts.
What is the VAT number of 123 Construct?
The VAT number of 123 Construct is BE0763.380.397.
What is the official website of 123 Construct?
The official website of 123 Construct is www.123construct.be.
How many employees work at 123 Construct?
In 2025, 123 Construct employed 7.80 full-time equivalents (FTE).
When was 123 Construct established?
123 Construct was founded in 08-02-2021.
What is the official address of 123 Construct?
The official address of 123 Construct is Vliegtuiglaan 5A Gent 9000.
What is the legal form of 123 Construct?
The juridical form of 123 Construct is Private limited company (BV/SRL).
What is the annual revenue of 123 Construct?
The 2025 accounts of 123 Construct do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is 123 Construct a reliable company?
123 Construct is a registered Rechtspersoon with company number 0763.380.397 and can be verified through the official CBE database.
What is the credit limit of 123 Construct?
The estimated credit limit of 123 Construct is €0.
Is 123 Construct still active?
123 Construct currently has the status "Normal situation" and is active.