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A&R CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsGiervalkenlaan 10, 1170 Watermaal-Bosvoorde, Belgium325 active companies are registered at this addressKBO/BCE: BE 1004.518.142
Summary

The computed 12-month bankruptcy probability of A&R CONSTRUCT is at least 25% (high). The 2025 annual accounts show equity of €2,467 and a net result of €2,467. Its solvency ranks better than 10% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€121,637turnover 2025
Equity
€2,467
Profit
€2,467
Financial health
9 Critical Checked score 2025
Bankruptcy probabilitywithin 12 months
≥ 25%
Structure
2025 accounts filed 59 days late
Why 9raises risk2 changes of registered office in 24 monthsEx-officio strike-off in the KBOFounded in 2024Liquidity: current ratio 1.02Show the evidence

Checked score

Score 2025
9 / 100
Critical
Probability in this band: over 15.0%
Financially better than 10% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency 27
equity 1.9% of total assets
Liquidity 0
short-term debt 98.1%
Profitability 42
return on assets 1.9%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 02-2025: 3.9%lowest value 03-2025: 4.0%▲ +0.1 percentage points vs 02-2025 04-2025: 4.1%▲ +0.1 percentage points vs 03-2025 05-2025: 4.7%▲ +0.6 percentage points vs 04-2025 06-2025: 4.7%● unchanged vs 05-2025 07-2025: 5.1%▲ +0.4 percentage points vs 06-2025 08-2025: 5.3%▲ +0.2 percentage points vs 07-2025 09-2025: 5.5%▲ +0.2 percentage points vs 08-2025 10-2025: 5.3%▼ -0.2 percentage points vs 09-2025 11-2025: 5.4%▲ +0.1 percentage points vs 10-2025 12-2025: 5.6%▲ +0.2 percentage points vs 11-2025 01-2026: 5.8%▲ +0.2 percentage points vs 12-2025 02-2026: 5.8%● unchanged vs 01-2026 03-2026: 5.8%● unchanged vs 02-2026 04-2026: 5.8%● unchanged vs 03-2026 05-2026: 10.3%▲ +4.5 percentage points vs 04-2026 06-2026: 17.8%▲ +7.5 percentage points vs 05-2026 07-2026: 17.8%● unchanged vs 06-2026 08-2026: ≥ 25%▲ +8.8 percentage points vs 07-2026highest value 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: ≥ 25%● unchanged vs 09-2026
No credit on open account
Liquidity tight (current ratio 1.02, below the usual 1.5; short-term debt: 98.1% of total assets), and 98.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 9% on solvency, 1% on liquidity and 20% on profitability.

The bankruptcy probability was computed on 27-10-2026 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.

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

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Signals

Seven signals.
raises risk
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.02
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34747 sector peers (2025).
NBB · sector comparison
Position among 34747 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
59 days late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Address struckevent 03-03-2026
  3. Registered officeRegistered-office move · Director in…

Financials · financial year 2025, micro format

2025 annual accounts filed late (59 days) Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00540014.

Turnover
€121,637
EBIT margin
2.0%
Net result
€2,467
Working capital
€2,467
Balance-sheet composition
Equity and liabilities €130,756
Equity €2,467
Debt €128,289
Debt finances 98.1% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.02
Debt to equity
51.99
ROE
100.0%
ROA
1.9%
Debt ≤ 1 year
€128,289

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.0% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.0% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,135 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 24 lines
Balance sheet Code2025
Assets
Total assets20/58€130,756
Current assets29/58€130,756
Amounts receivable within one year40/41€130,756
Trade receivables40€121,763
Other amounts receivable41€8,993
Equity and liabilities
Total equity and liabilities10/49€130,756
Equity10/15€2,467
Profit (loss) carried forward14€2,467
Amounts payable17/49€128,289
Amounts payable within one year42/48€128,289
Trade debts44€96,807
Suppliers440/4€96,807
Taxes, remuneration and social security45€31,482
Taxes450/3€8,473
Remuneration and social security454/9€23,009
Income statement Code2025
Turnover70€121,637
Goods, raw materials, services and sundry goods60/61€118,672
Other operating charges640/8€497
Gross operating margin9900€2,965
Operating profit (loss)9901€2,467
Profit (loss) for the period before taxes9903€2,467
Profit (loss) for the period9904€2,467
Profit (loss) for the period to be appropriated9905€2,467
Appropriation of the result
Profit (loss) to be appropriated9906€2,467
Line2025
Turnover70€121,637
Goods, raw materials, services and sundry goods60/61€118,672
Other operating charges640/8€497
Gross operating margin9900€2,965
Operating profit (loss)9901€2,467
Profit (loss) for the period before taxes9903€2,467
Profit (loss) for the period9904€2,467
Profit (loss) for the period to be appropriated9905€2,467
Line2025
Assets
Total assets20/58€130,756
Current assets29/58€130,756
Amounts receivable within one year40/41€130,756
Trade receivables40€121,763
Other amounts receivable41€8,993
Equity and liabilities
Total equity and liabilities10/49€130,756
Equity10/15€2,467
Profit (loss) carried forward14€2,467
Amounts payable17/49€128,289
Amounts payable within one year42/48€128,289
Trade debts44€96,807
Suppliers440/4€96,807
Taxes, remuneration and social security45€31,482
Taxes450/3€8,473
Remuneration and social security454/9€23,009
Line2025
Profit (loss) for the period9904€2,467
Operating cash flow (approximation)€2,467

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-09-2026 2026-00540014

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,432. 1,603 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
MARQUES TEODORO Alex
Director · since 12-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MARQUES TEODORO Alex
  • Director, from 12-01-2024 to date
BATISTA SOARES Ricardo Jorge
  • Director, from 12-01-2024 to 31-10-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 12-01-2024 Incorporation · €2,000

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 10 January 2024, A&R CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12 The registered office moved to Laeken in 2024 and to Watermaal-Bosvoorde in 2026.34 MARQUES TEODORO Alex has served as director of the company since 2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-01-2024
  3. 3Belgian Official Gazette, 06-11-2024
  4. 4Belgian Official Gazette, 30-04-2026

Acts, filings and financial milestones

2026
28-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 59 days late
05-05
KBO administration Address struck
event 03-03-2026
30-04
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 10-03-2026
  • Registered-office move, Giervalkenlaan, 10 bus 34 - 1170 Watermaal-Bosvoorde
  • Director in office, Marques Teodoro Alex (director)
2024
08-11
Gazette deed Resignation: BATISTA SOARES Ricardo Jorge (director)
Director discharge · Share transfer4 facts ▸
  • General meeting, 08-10-2024
  • Director resignation, BATISTA SOARES Ricardo Jorge (director)
  • Director discharge, BATISTA SOARES Ricardo Jorge (director)
  • Share transfer, BATISTA SOARES Ricardo Jorge → MARQUES TEODORO Alex
06-11
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 07-10-2024
  • Registered-office move, Avenue Jean de Bologne 40-1020 Laeken
  • Director in office, BATISTA SOARES Ricardo Jorge (director)
12-01
Gazette deed Incorporation
Appointments: BATISTA SOARES Ricardo Jorge (director) and MARQUES TEODORO Alex (director) · Founder · Founding capital14 facts ▸
  • Founder, MARQUES TEODORO Alex (comparant)
  • Founder, BATISTA SOARES Ricardo Jorge (comparant)
  • Other provision, 09-01-2024
  • Other provision, “breed voorwerp omvattende groot aantal activiteiten in verscheidene domeinen, verantwoordelijkheid oprichters bij faillissement” (deed in Dutch)
  • Incorporation, “A&R CONSTRUCT” (deed in Dutch)
  • Founding capital, €2,000
  • Capital
  • Registered office clause, “1700 Dilbeek,Ninoofsesteenweg 253” (deed in Dutch)
  • Other provision, “website en e-mailadres” (deed in Dutch)
  • Other provision, “waarschuwing oprichters, notaris” (deed in Dutch)
  • General meeting, “benoeming, aanstonds” (deed in Dutch)
  • Board rule, 2
  • +2 further facts in this act
SignalGazette deedNBB filing
4 of 4 deeds read

Register details

Identification
Legal formPrivate limited company
Founded10-01-2024
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43310Plastering work
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Contact
E-mail arconstruct2024@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004518142
Registered 05-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 1004.518.142

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
1,634 m²
Building volume
30,249 m³
2 parcels, Brussels, Wallonia · tallest building 40.7 m. Linked by address, not a title deed.
325 companies at this address See who is registered here
1 establishment unit
A&R CONSTRUCT
Avenue de Mirande 76, 1480 TubizeOther construction installation
since 2024unit no. 2.354.010.450
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21017D0214/00F000 Brussels 1.4 ha 1 · 398 m² 40.7 m · 12
25105C0078/00V000 Wallonia 6,028 m² 1 · 1,236 m² 17.3 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De algemene bouw van alle soorten residentiële gebouwen,inclusief volgens de formule “sleutel op de deur” van…” (deed in Dutch)
33 activities (deed in Dutch)
  1. De algemene bouw van alle soorten residentiële gebouwen,inclusief volgens de formule “sleutel op de deur” van eengezinswoningen,appartementen en wolkenkrabbers
  2. De algemene bouw van kantoorgebouwen
  3. De algemene bouw van andere soorten niet-residentiële gebouwen
  4. Het verbouwen of renoveren van bestaande residentiële gebouwen en van bestaande kantoorgebouwen
  5. Stukadoorswerk,schrijnwerk,vloerafwerking en behangen (plaatsen van vloer- en wandtegels,plaatsen van vloerbedekking en wandbekleding van hout,plaatsen van behang en vloerbedekking en wandbekleding van andere materialen),schilderen en glaszetten
  6. Het slopen van gebouwen en andere bouwwerken
  7. Het ruimen van bouwterreinen
  8. Het grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
  9. Het plaatsen van afsluitingen
  10. De drainage van bouwterreinen
  11. Bouw van funderingen,inclusief heien
  12. Aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enz
  13. De installatie in gebouwen en andere bouwwerken van verwarmingssystemen op gas met inbegrip van de installatie van leidingen
  14. Loodgieterswerk
  15. Installatie van verwarming,klimaatregeling en ventilatie
  16. Isolatiewerkzaamheden
  17. De dakwerkzaamheden
  18. Waterdicht maken van daken en dakterrassen,inclusief de vochtwerende behandeling van muren
  19. Isolatie van daken
  20. De waterdichtingswerken van muren
  21. Gevelreiniging door middel van zandstralen,met behulp van stoom
  22. Uitvoeren van metsel- en voegwerken
  23. Restaureren en bouwwerken
  24. Chapewerken
  25. De elektrische installatie werken
  26. De elektrotechnische installatie werken aan gebouwen
  27. Onderneming voor de installatie van elektrische bedrading en toebehoren
  28. Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
  29. Installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen,in havens en luchthavens (inclusief de installatie van verkeersborden)
  30. Onderneming voor de installatie van elektrische verwarmingsinstallaties
  31. Landschapsverzorging
  32. Domotica
  33. Installatie van zonneënergie-apparaturen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
A&R CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, overal verplaatsbaar bij eenvoudige beslissing bestuursorgaan voor zover verplaatsing in Brussels Gewest of Vlaams Gewest” (deed in Dutch)

deed of 12-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, 1” (deed in Dutch)
“Al dan niet ten kosteloze titel, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)

deed of 12-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, aandelenregister op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager helft koper(s) naar evenredigheid aantal bij meerdere kopers, elke overdracht onder levenden ten bezwarende of kosteloze…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, per e-mail aan aandeelhouders,voor personen zonder e-mailadres per gewone…” (deed in Dutch)

deed of 12-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 18:00

deed of 12-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie krachtens statuten indien geen andere benoemd” (deed in Dutch)

deed of 12-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Nauwkeurige beschrijving van de voorgenomen bedrijvigheid, overzicht van alle financieringsbronnen bij oprichting,in voorkomend geval met…” (deed in Dutch)
Other provision: “Aandelen moeten bij uitgifte worden volgestort, stortingsplicht” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, Controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestuurder bij gebrek aanwezige aandeelhouder met meeste aandelen bij pariteit oudste, Zittingen processen-verbaal deelneming op afstand” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden/lasten/kosten of consignatie, bijkomende volstorting of voorafgaandelijke terugbetalingen bij niet-volgestorte…” (deed in Dutch)
Other provision: “Woonstkeuze, in buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar,obligatiehouder” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Gemeen recht” (deed in Dutch)
3 more provisions in the deed, see the deed of 12-01-2024

deed of 12-01-2024