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2M CONSTRUCT

Active Private limited companyfounded 2021active for 5 yearsTweemontstraat 65, 2100 AntwerpKBO/BCE: BE 0766.840.824

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €4,560 (2023)
€3,743▼ 17.9%
lowest -€1,282 (2021)
€763▼ 61.3%
peak €8,041 (2024)
€8,041▲ 10.5%
€17,841▼ 28.2%
Board1 name since 2021
1 directorCocquyt Michel
Documentsfilings and deeds
25-07-20256 days before the deadline
2024micro format
Gross margin from €4,560 to €3,743Result from €1,971 to €763Debts from €24,840 to €17,841Cash from €1,064 to €224

Key points

from the 2024 annual accounts

Turnover

≈ €45,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 102 days past the deadline
AprilJune31 JulyOctober2021202220232024

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€8,041

Less equity than 80% of companies in construction of buildings. Sector median €45,395 · 9,844 companies.

Checked score

38
Weak
Financially stronger than 38% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.5% 01-2025: 3.4%▼ -0.1 percentage points vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.5%▲ +0.1 percentage points vs 02-2025 04-2025: 3.5%● unchanged vs 03-2025 05-2025: 3.7%▲ +0.2 percentage points vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 4.1%▲ +0.3 percentage points vs 06-2025 08-2025: 3.3%▼ -0.8 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 3.2%● unchanged vs 01-2026lowest value 03-2026: 3.3%▲ +0.1 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.5%▲ +0.2 percentage points vs 04-2026 06-2026: 3.5%● unchanged vs 05-2026 07-2026: 3.5%● unchanged vs 06-2026 08-2026: 4.0%▲ +0.5 percentage points vs 07-2026 09-2026: 4.1%▲ +0.1 percentage points vs 08-2026 10-2026: 4.6%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 4.6%● unchanged vs 10-2026highest value

Financial strength
Average

56+8equity 31.1% of total assets
14+2short-term debt 68.9% · cash 0.9%
72-4return on assets 2.9%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 25-07-2025)
Founded in 2021
Sector: Construction of residential and non-residential buildings (NACE 41)
1 financial year not filed after the legal deadline
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 38% of them on solvency, 12% on liquidity, 47% on profitability and 55% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 5,047 companies had the same profile as 2M CONSTRUCT has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

The bankruptcy probability of 2M CONSTRUCT itself is higher: 4.6% within 12 months. It rests on far more data about 2M CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,047 companies, not a prediction for 2M CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Liquidity is insufficient, with a current ratio of 0.97 (0.9 in 2023), below 1. Short-term debt is 68.9% and cash 0.9% of total assets. 68.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed on 25-07-2025)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 financial year not filed after the legal deadline
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
6 days early
2023
7 days early
2022
28 days early
2021
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 17 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CM
Cocquyt Michel
Director, since 18-04-2021
  • COCQUYT Michel Jacques 100 sharesdeed of 21-04-2021
Board & ownership

Recent changes

Incorporation Founding capital of €4,000, 100 shares · Founder: COCQUYT Michel Jacques · COCQUYT Michel Jacques holds all the shares · published on 21-04-2021 · Gazette deed
First establishment Tweemontstraat 65, Antwerp
All 7 events

Comparable companies

same main activity, similar in size and age
Company
2M CONSTRUCT Antwerp €25,882 €3,743 31.1% -
TAXON Kortenberg €23,866 €3,711 83.7% -
G&D BUILDING SOLUTIONS Lummen €26,128 €3,605 46.5% -
NECOS Drogenbos €29,474 €4,243 93.8% -
VENÂNCIO CONSTRUCT Uccle €20,504 €3,817 -57.7% -
SAS RENOVATORS Antwerp €23,895 €2,811 -85.5% -
PCA PROJECT Bonheiden €27,158 €2,844 74.3% -

These companies have the same main activity as 2M CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €20,500 and €29,500, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 18-04-2021Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.316.759.5792100 Antwerp, since 18-04-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€3,743▼ 17.9%
€763▼ 61.3%
€8,041▲ 10.5%
€25,882▼ 19.4%
Filing
Filed on 25-07-2025
Financials

Insights on 2M CONSTRUCT

2M CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€533 in 2021 to €3,743 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 25-07-2025, 6 days before the deadline

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 11 November 2026.

€3,743
▼ 17.9%
€892
▼ 61.9%
€763
▼ 61.3%
-€504
▲ €2,064
31.1%
▲ 8.4 percentage points
0.97
▲ 0.08

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €45,000. Estimated: probably between €23,000 and €81,000.

Balance sheet

balance sheet total €25,882 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

31.1%

Higher than 38% of 9,833 companies in 2024.

0.97

Higher than 21% of 9,553 companies in 2024.

2.9%

Higher than 39% of 9,646 companies in 2024.

2M CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2024202320222021
Balance sheet: assets
20/58 25,88232,11823,04742,202
21/28 8,5459,8462,518-
22/27 8,5459,8462,518-
23 342482622-
24 8,2039,3631,896-
29/58 17,33722,27220,52942,202
40/41 17,03520,17719,66935,532
40 11,65513,78417,65234,866
41 5,3806,3942,017665
54/58 2241,064183,690
490/1 781,0318432,980
Balance sheet: equity and liabilities
10/49 25,88232,11823,04742,202
10/15 8,0417,2785,3072,718
10/11 4,0004,0004,0004,000
13 4,0413,278--
133 4,0413,278--
14 -01,307-1,282
17/49 17,84124,84017,74039,484
42/48 17,84124,84017,74025,279
44 15,39124,41615,47324,420
440/4 15,39124,41615,47324,420
45 236424404-
450/3 236424404-
47/48 2,21401,863859
492/3 --014,205
Income statement
9900 3,7434,5603,613-533
630 2,5481,626135-
640/8 302590488698
9901 8922,3432,990-1,231
75/76B 30113053
75 30113053
65/66B 195144254
65 195144254
9903 9992,3292,994-1,282
67/77 236358404-
9904 7631,9712,589-1,282
9905 7631,9712,589-1,282
Appropriation of the result
9906 7633,2781,307-1,282
14P 01,307-1,282-
691/2 7633,278--
6921 7633,278--
Document PDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 25-07-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 25-07-2025 2025-00307724 PDF
31-12-2023 micro format 24-07-2024 2024-00284118 PDF
31-12-2022 micro format 03-07-2023 2023-00198299 PDF
31-12-2021 micro format 04-07-2022 2022-20137825 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2024202320222021
3,4403,9693,125-
3,3113,5972,724-
1,2478,9542,653-
-8401,046-3,672-
-504-2,5682,78916,923
31.1%22.7%23.0%6.4%
0.970.901.161.67
2.223.413.3414.53
9.5%27.1%48.8%-47.2%
2.9%6.1%11.2%-3.0%
17.6227.54over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets€1,247€8,954€2,653-
€2,548€1,626€135-

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on 2M CONSTRUCT

The operating result for 2024 is 62% lower than in 2023 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 77.3% to 68.9%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Cocquyt Michel
Director
since 18-04-2021
listed in the 2024 annual accounts, filed on 25-07-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Cocquyt Michel
Director
Board
Mandates as a list
  • Cocquyt Michel
    • Director, from 18-04-2021 to date

See the board, name and registered office on a given date →

Control

Founder
COCQUYT Michel Jacques
This company
2M CONSTRUCT
Equity €8,041
Profit €763 in 2024

Capital

Contribution
€4,000
Shares
100
Contribution per share
€40
Equity per share
€80.41 in 2024
Source
deed of 21-04-2021

Articles of association

deed of 21-04-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Shareholders

At incorporation deed of 21-04-2021 ↗
  • COCQUYT Michel Jacques 100 shares (100%)

Network & group

No group

2M CONSTRUCT has no parent and no holdings in its annual accounts. Cocquyt Michel is the only director. 2M CONSTRUCT shares no director with another company.

At the same address

Tweemontstraat 65, 2100 Antwerp · 1 other company
TEXEN ENERGY
registered office since 01-12-2020 · founded in 2020 · negative equity (2024) · accounts filed late
total assets €2,530 (2024)
0758.919.387

Timeline

Timeline

7 events since 2021
2025
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
2022
Back to profit net €2,589 The net result is €2,589, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 27 days before the deadline
2021
IncorporationFounding capital of €4,000, 100 shares · Founder: COCQUYT Michel Jacques · COCQUYT Michel Jacques holds all the shares · published on 21-04-20213 points ▸
  • Founder, COCQUYT Michel Jacques
  • Founding capital, €4,000, 100 shares
  • COCQUYT Michel Jacques holds all the shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Tweemontstraat 65, Antwerp

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

2M CONSTRUCT was incorporated on 18 April 2021 as a private limited company by one natural person, with a starting capital of €4,000.12 Since 2021, Cocquyt Michel has served as director.3 Total assets fell from €42,202 in 2021 to €25,882 in 2024.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-04-2021
  3. 3National Bank, annual accounts 2024
  4. 4National Bank, annual accounts 2021 and 2024

Company details

Identity

Enterprise number
0766.840.824
VAT number
BE 0766.840.824
Legal form
Private limited company
Status
Active, normal situation
Founded
18-04-2021
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
2M CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-04-2021 (in Dutch)
Name clauseThe company operates under this name according to its articles.
2M CONSTRUCT
deed of 21-04-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-04-2021 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
41203 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Handelsvertegenwoordiging in de ruimste zin van het woord; Inkoop en verkoop in de ruimste zin van het woord,zowel in de industrie als aan…”
69 activities
  1. Handelsvertegenwoordiging in de ruimste zin van het woord
  2. Inkoop en verkoop in de ruimste zin van het woord,zowel in de industrie als aan particulieren,als groothandel,kleinhandel,distributeur en invoerder
  3. Inkoop en verkoop in de ruimste zin van het woord,zowel in de industrie als aan particulieren,als groothandel,kleinhandel,distributeur en invoerder van:Meubelen,Dressings,Slaapkamers,keukens,badkamermeubelen
  4. Interieurinrichting
  5. Kantoorinrichting
  6. Winkelinrichting
  7. Ramen & deuren
  8. Binnendeuren
  9. Binnen en buitenschrijnwerk
  10. Dakwerken
  11. Schilderwerken binnen en buiten
  12. Verkoop,plaatsen en onderhoud van elektriciteitswerken
  13. Verkoop,plaatsen en onderhoud van domotica
  14. Verkoop,plaatsen en onderhoud van CCTV installaties(camera bewaking)
  15. Verkoop,plaatsen en onderhoud van beveiligingssystemen
  16. Verkoop,plaatsen en onderhouden van computernetwerken,glasvezelwerken
  17. Glaswerken
  18. Automatisering en plaatsen van rolluiken,gordijnen,zonnewering,poorten
  19. Isolatiewerken
  20. Vochtbestrijdingswerken
  21. Verkoop,plaatsen en onderhoud van ventilatie
  22. Verkoop,plaatsen en onderhoud van zonnepanelen
  23. Algemene bouwwerken(gyprocwerken,metselwerken,chapwerken,vloer-en tegelwerken,...)
  24. Vervaardiging van deuren,ramen,kozijnen,luiken,jaloeziën,plinten,staaflijsten,enz.,uit kunststof
  25. Vervaardiging van metalen deuren en vensters
  26. Vervaardiging van kantoor-en winkelmeubelen
  27. Vervaardiging van speciale winkelmeubels,toonbanken,vitrines,rekken,enz.,overwegend van metaal
  28. Restauratie van meubelen
  29. Vervaardiging van meubels voor werkplaatsen,kantoormeubels,meubels voor restaurants,scholen,enz.,overwegend van metaal
  30. Vervaardiging van speciale winkelmeubels,toonbanken,vitrines,rekken,enz.,overwegend van andere materialen dan metaal
  31. Vervaardiging van meubels voor werkplaatsen,kantoormeubels,meubels voor restaurants,scholen,enz.overwegend van andere materialen dan metaal
  32. Vervaardiging van stoelen en zitmeubels voor kantoren en werkplaatsen
  33. Vervaardiging van keukenmeubelen
  34. Vervaardiging van meubels en modulaire meubelelementen voor inbouwkeukens
  35. Vervaardiging van eetkamer-,zitkamer-,slaapkamer-en badkamermeubelen
  36. Vervaardiging van zitmeubels en onderdelen daarvan voor woningen:stoelen,fauteuils,zitbanken,canapés,taboeretten,enz.
  37. Afwerken van stoelen en zitmeubels,zoals het stofferen
  38. Vervaardiging en afwerking(inclusief het stofferen,schilderen,polijsten,enz.)van slaapkamer-,eetkamer-en zitkamermeubels
  39. Vervaardiging van badkamermeubels
  40. Vervaardiging van tuin-en terrasmeubelen
  41. Vervaardiging van andere meubelen,n.e.g.
  42. Vervaardiging van wandkasten,speciale TV-meubels,bijzetmeubels,enz.
  43. Isolatiewerkzaamheden
  44. Aanbrengen in gebouwen en andere bouwwerken van:-thermische isolatiemateriaal-isolatiemateriaal tegen geluid en trillingen
  45. Kleinhandel in kantoormaterieel en–meubelen
  46. Renovatie en restauratie van meubels
  47. Vervaardiging van metalen constructiewerken
  48. Vervaardiging van metalen constructiewerken en delen daarvan
  49. Vervaardiging van metalen constructiewerken of gebinten voor de bouw
  50. Afbramen,zandstralen,trommelpolijsten en reinigen van metaal
  51. Bekleden van metaal met andere beschermende of decoratieve materialen dan metaal:plastificeren,emailleren,lakken,enz.
  52. Reparatie en installatie van machines en apparaten
  53. Reparatie van producten van metaal,machines en apparaten
  54. Reparatie van producten van metaal
  55. Onderhoud-en herstellingswerken van mechanische aard voor rekening van derden
  56. Reparatie van andere apparatuur
  57. Installatie van industriële machines,toestellen en werktuigen
  58. Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken
  59. Handelsbemiddeling
  60. Handelsbemiddeling in machines en uitrusting voor de dienstverlenende sector
  61. Groothandel in gereedschapswerktuigen
  62. Groothandel in machines voor de mijnbouw,de bouwnijverheid en de weg-en waterbouw
  63. Groothandel in andere machines en werktuigen
  64. Groothandel in hijs-,hef-en transportwerktuigen
  65. Groothandel in ijzerwaren voor algemeen gebruik(nagels,draad,schroeven,bouten,enz.),werktuigen(hamers,zagen,schroevendraaiers,enz.)en elektrisch aangedreven handgereedschap
  66. Gespecialiseerde kleinhandel in geschenken m.b.t.de woninginrichting
  67. Goederenvervoer over de weg
  68. Opslag
  69. Verhuur en lease
deed of 21-04-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Tweemontstraat 65 registered office 2100 Antwerp 18-04-2021 2.316.759.579

Buildings and parcels at the address

Ground area
372 m²
Buildings
359 m²
Volume, LiDAR
1,270 m³
Tallest building
8.2 m
Buildings to scale, each on its own parcel
359 m², 8.2 m 359 m², 8.2 m

Environmental permits

1 application in Flanders since 2023
08-11-2023 Discontinued Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 19-10-2023 · project 2023103004 Antwerpen

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11012A0134/00V006371 m² 1 · 359 m² 8.2 m · 1

Contact

E-mail 2mconstructbv@gmail.com

Invoicing and payment

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Register as of 10 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0766.840.824