Turnover
≈ €260,000 estimated
The micro format states no turnover.
Acrobat Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €66,866 (2025)
€66,866▲ 179%
peak €32,355 (2025)
€32,355▲ 196%
peak €45,281 (2025)
€45,281▲ 250%
€218,271▲ 127%
Board2 names since 2023
1 directorCATARAGA Mihail
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Gross margin from €23,931 to €66,866Result from €10,926 to €32,355Appointment: luliana Cataraga (technical director) 27-10Equity from €12,926 to €45,281Debts from €96,250 to €218,271Cash from €1,939 to €29,528
Key points
from the 2025 annual accountsDebts
€218,271 ▲ 127%
Debts rose by €122,021 in 2025.
Position in the sector
17.2%
Lower solvency than 80% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
2025 accounts filed 90 days after the deadline
Checked score
50
Fair
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%lowest value
01-2025: 1.9%● unchanged vs 12-2024lowest value
02-2025: 2.0%▲ +0.1 percentage points vs 01-2025
03-2025: 2.3%▲ +0.3 percentage points vs 02-2025
04-2025: 2.4%▲ +0.1 percentage points vs 03-2025
05-2025: 2.7%▲ +0.3 percentage points vs 04-2025
06-2025: 2.7%● unchanged vs 05-2025
07-2025: 3.0%▲ +0.3 percentage points vs 06-2025
08-2025: 3.0%● unchanged vs 07-2025
09-2025: 2.9%▼ -0.1 percentage points vs 08-2025
10-2025: 2.9%● unchanged vs 09-2025
11-2025: 3.0%▲ +0.1 percentage points vs 10-2025
12-2025: 3.1%▲ +0.1 percentage points vs 11-2025
01-2026: 3.0%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.0%● unchanged vs 02-2026
04-2026: 3.1%▲ +0.1 percentage points vs 03-2026
05-2026: 3.2%▲ +0.1 percentage points vs 04-2026
06-2026: 3.1%▼ -0.1 percentage points vs 05-2026
07-2026: 3.0%▼ -0.1 percentage points vs 06-2026
08-2026: 3.4%▲ +0.4 percentage points vs 07-2026
09-2026: 3.6%▲ +0.2 percentage points vs 08-2026
10-2026: 5.0%▲ +1.4 percentage points vs 09-2026highest value
11-2026: 3.5%▼ -1.5 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Last filed accounts filed 90 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Size: total assets €263,552
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 43, micro). It does better than 19% of them on solvency, 13% on liquidity, 67% on profitability and 97% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as Acrobat Construct has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Acrobat Construct itself: 3.5% within 12 months.
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.
| 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 7,976 companies, not a prediction for Acrobat 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (0.7 in 2024), below the usual 1.5. Short-term debt is 75% and cash 11.2% of total assets. 82.8% 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 risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 90 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-10-2026, 90 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 · 2 filingsDeviation from the deadline
2025
90 days late
2024
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 47 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: luliana Cataraga (technical director)
Board meeting of 31-07-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002632184
Incorporation
Founding capital of €2,000, 100 shares · Founder: CATARAGA Mihail · Appointment: CATARAGA Mihail (director) · published on 28-11-2023 · Gazette deed
First establishment
Langstraat 102, Linter
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Acrobat Construct Linter | - | - | 17.2% | - |
| PHARMES BELGIË Wielsbeke | - | - | 6.2% | - |
| Foliefixx Maaseik | - | - | 55.0% | - |
| SKE SERVICE Langemark-Poelkapelle | - | - | 10.6% | - |
| CJ Zonwering Kortenberg | €124,756 | 3.7% | 75.9% | - |
| RDV BATI Dilbeek | €551,516 | 9.7% | 25.1% | - |
| THERMOMATTE Wezembeek-Oppem | - | - | 72.8% | - |
These companies have the same main activity as Acrobat Construct: other construction installation (NACE 43240). They are comparable in size and age: total assets between €195,000 and €338,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 24-11-2023Normal situation
- Activity
- Other construction installationNACE 43240and 2 others
- Establishment unit
- 2.352.762.5163350 Linter, since 24-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 29-04-2025
Annual accounts 2025
- €66,866▲ 179%
- €32,355▲ 196%
- €45,281▲ 250%
- €263,552▲ 141%
- Filing
- Filed on 29-10-2026
Insights on Acrobat Construct
The computed 12-month bankruptcy probability of Acrobat Construct is 3.5% (moderate). The 2025 annual accounts show equity of €45,281 and a net result of €32,355.
Its solvency ranks better than 19% of 35,125 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-10-2026, 90 days late€66,866
▲ 179%
€52,261
▲ 229%
€32,355
▲ 196%
€18,392
▲ €38,655
17.2%
▲ 5.3 percentage points
1.09
▲ 0.39
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 ≈ €260,000. Estimated: probably between €190,000 and €380,000.
In the rankings
#10 company by total assets in Linter, Construction sector
Balance sheet
balance sheet total €263,552 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
17.2%
Higher than 19% of 35,125 companies in 2025.
1.09
Higher than 25% of 34,499 companies in 2025.
12.3%
Higher than 64% of 34,700 companies in 2025.
Acrobat Construct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
263,552 | 109,176 | |
21/28 |
47,582 | 61,232 | |
22/27 |
47,582 | 61,232 | |
24 |
47,582 | 61,232 | |
29/58 |
215,970 | 47,944 | |
40/41 |
184,784 | 45,964 | |
40 |
126,860 | 10,192 | |
41 |
57,924 | 35,772 | |
54/58 |
29,528 | 1,939 | |
490/1 |
1,658 | 41 | |
| Balance sheet: equity and liabilities | |||
10/49 |
263,552 | 109,176 | |
10/15 |
45,281 | 12,926 | |
10/11 |
2,000 | 2,000 | |
13 |
40,000 | 10,000 | |
133 |
40,000 | 10,000 | |
14 |
3,281 | 926 | |
17/49 |
218,271 | 96,250 | |
17 |
20,641 | 28,043 | |
170/4 |
20,641 | 28,043 | |
42/48 |
197,579 | 68,208 | |
42 |
7,402 | 7,095 | |
44 |
158,593 | 53,314 | |
440/4 |
158,593 | 53,314 | |
45 |
21,140 | 3,330 | |
450/3 |
21,140 | 3,330 | |
47/48 |
10,444 | 4,469 | |
492/3 |
52 | - | |
| Income statement | |||
9900 |
66,866 | 23,931 | |
630 |
13,651 | 7,021 | |
640/8 |
955 | 1,032 | |
9901 |
52,261 | 15,879 | |
75/76B |
- | 48 | |
75 |
- | 48 | |
65/66B |
2,096 | 1,670 | |
65 |
2,096 | 1,352 | |
66B |
- | 318 | |
9903 |
50,165 | 14,256 | |
67/77 |
17,810 | 3,330 | |
9904 |
32,355 | 10,926 | |
9905 |
32,355 | 10,926 | |
| Appropriation of the result | |||
9906 |
33,281 | 10,926 | |
14P |
926 | - | |
691/2 |
30,000 | 10,000 | |
6921 |
30,000 | 10,000 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00596754.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 65,912 | 22,899 | ||
| 46,005 | 17,947 | ||
| 0 | 68,253 | ||
| 27,589 | - | ||
| 18,392 | -20,264 | ||
| 17.2% | 11.8% | ||
| 1.09 | 0.70 | ||
| 4.82 | 7.45 | ||
| 71.5% | 84.5% | ||
| 12.3% | 10.0% | ||
| 31.44 | 16.94 |
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| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €68,253 |
| €13,651 | €7,021 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Acrobat Construct
The operating result for 2025 is 3.3 times that of 2024.
Debt's share of the balance-sheet total falls from 88.2% to 82.8%. Equity and debt are higher.
Board & ownership
Board
1 director, no change since 2025Director
appointed by deed of 28-11-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-10-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 28-11-2023
Mandates through the years
2 names, the dashed line is todayCATARAGA Mihail
Director
Director
luliana Cataraga
Technical director
Technical director
BoardOther function
Mandates as a list
- CATARAGA Mihail
- Director, appointed by deed of 28-11-2023, still in office
- luliana Cataraga
- Technical director, appointed by deed of 27-10-2025, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €453 in 2025
- Source
- deed of 28-11-2023
Articles of association
deed of 28-11-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 28 March at 18:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan te allen tijde…”
Shareholders
At incorporation
deed of 28-11-2023 ↗
- CATARAGA Mihail 100 shares (100%)
Network & group
No group
Acrobat Construct has no parent and no holdings in its annual accounts. CATARAGA Mihail is the only director. Acrobat Construct shares no director with another company.
Timeline
Timeline
6 events since 2023Board
Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 90 days late
2025
- Board meeting, 31-07-2025
- Director appointment, luliana Cataraga (technical director)
Annual accounts 2024 filed PDFmicro format · 4 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1002632184
2023
IncorporationFounding capital of €2,000, 100 shares · Founder: CATARAGA Mihail · Appointment: CATARAGA Mihail (director) · published on 28-11-20233 points ▸
- Founder, CATARAGA Mihail
- Founding capital, €2,000, 100 shares
- Director appointment, CATARAGA Mihail
- The deed holds 3 more points.
First establishment Langstraat 102, Linter
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Acrobat Construct was incorporated on 24 November 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 CATARAGA Mihail is director of the company, appointed by deed of 28-11-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1002.632.184
- VAT number
- BE 1002.632.184
- Peppol ID
- 0208:1002632184
- Other Peppol ID
- 9925:BE1002632184
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-11-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 28 March at 18:00deed of 28-11-2023 (in Dutch)
- Peppol
- Reachable since 29-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Acrobat Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-11-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- Acrobat Constructdeed of 28-11-2023 (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.
- “Langstraat 102, 3350 Linter”deed of 28-11-2023 (in Dutch)
Activities
NACEBEL 202543240
Other construction installation main activity
Codes under NACEBEL 2008
43299
Specialised construction activities main activity
41201
General construction of buildings
43999
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwwerkzaamheden; Werkzaamheden van dakinrichting; Herbekledingen,herstellingen,onderhoud,veranderingswerken van gebouwen; Evenals…”deed of 28-11-2023 (in Dutch)
25 activities
- Alle bouwwerkzaamheden
- Werkzaamheden van dakinrichting
- Herbekledingen,herstellingen,onderhoud,veranderingswerken van gebouwen
- Evenals voegen,zandreiniging van voorgevels,industriële zandreiniging
- Alle grondwerken,inrichting van parken en tuinen,het plaatsen van omheiningen
- Alle tuinwerken
- Algemene bouwonderneming (ruwbouw en dakopstelling) en ook de coördinatie van onderaannemers
- Onderneming van rioolwerkzaamheden
- Onderneming van bouwsloopwerkzaamheden en bouwrijp maken van terreinen
- Alle hydraulische werken,drooglegging,leggen van diverse kabels en kanalen,industriële buizen
- Wegwerkzaamheden en de bouw van niet metalen kunstwerken,spoorwegwerkzaamheden,wegsignalisatie
- Thermische en akoestische isolatie
- Metalen constructies en metalen kunstwerken
- Alle plafonneerwerken
- Werken met natuursteen,marmer,timmerwerk,houten en metalen schrijnwerkerij
- Centrale verwarming,sanitaire installaties,lood en zinkwerken
- Elektrische installaties en overige bouwinstallaties
- Plaatsen van zonnepanelen en toebehoren
- Alle werkzaamheden in het domein van de interne en externe decoratie van gebouwen
- Alle werken in het domein van het hout en timmerwerk
- Alle werken in het domein van glazen vensters en deuren
- Detailhandel in bouwmateriaal
- Verhuur van materiaal en werktuigen
- Alle werkzaamheden gerelateerd aan de volledige of gedeeltelijke uitvoering van voltooiingwerken
- Of de coördinatie hiervan bij hun uitvoering door onderaannemers,de werkzaamheden van handelstussenpersoon behalve commissie en verzekeringen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Langstraat 102 registered office 3350 Linter | 24-11-2023 | 2.352.762.516 |
Invoicing and payment
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 1002.632.184