Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €19,779 to €37,069.
Less equity than 86% of companies in specialised construction. Sector median €57,715 · 35,131 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 17% of them on solvency, 41% on liquidity, 92% on profitability and 95% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
In July 2024, 7,976 companies had the same profile as ANGGELO CONSTRUCT has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANGGELO CONSTRUCT itself: 2.5% within 12 months.
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 ANGGELO 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.
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.
The company filed its last 2 accounts on average 36 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.
| Company | ||||
|---|---|---|---|---|
| ANGGELO CONSTRUCT Vilvoorde | €43,532 | €18,932 | 14.8% | - |
| ANDY MAÇONNERIE Mouscron | €42,558 | €21,337 | -14.3% | - |
| MONTACO CONSTRUCT La Louvière | €37,053 | €20,944 | 68.2% | - |
| SVO Schilderwerken en gevelwerken Ternat | €39,837 | €16,939 | 31.7% | - |
| ALEXIA CONSTRUCT Asse | €35,596 | €18,425 | 59.0% | - |
| DRM Algemene Verbouwingswerken Dentergem | €41,378 | €23,336 | 83.0% | - |
| Elastische voegwerken Vema Herk-de-Stad | €44,681 | €25,119 | 38.2% | - |
These companies have the same main activity as ANGGELO CONSTRUCT: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €35,600 and €44,700, founded between 2023 and 2024.
The computed 12-month bankruptcy probability of ANGGELO CONSTRUCT is 2.5% (moderate). The 2025 annual accounts show equity of €6,463 and a net result of €14,754.
Its solvency ranks better than 18% of 35,119 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €250,000. Estimated: probably between €130,000 and €480,000.
Higher than 18% of 35,119 companies in 2025.
Higher than 26% of 34,493 companies in 2025.
Higher than 89% of 34,694 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
43,532 | 11,488 | |
21/28 |
1,928 | - | |
22/27 |
1,928 | - | |
24 |
1,928 | - | |
29/58 |
41,603 | 11,488 | |
40/41 |
25,632 | 9,912 | |
40 |
25,632 | 5,469 | |
41 |
- | 4,443 | |
54/58 |
15,961 | 1,576 | |
490/1 |
10 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
43,532 | 11,488 | |
10/15 |
6,463 | -8,291 | |
14 |
6,463 | -8,291 | |
17/49 |
37,069 | 19,779 | |
42/48 |
37,069 | 19,779 | |
44 |
30,177 | 14,252 | |
440/4 |
30,177 | 14,252 | |
45 |
1,877 | 36 | |
450/3 |
1,877 | 36 | |
47/48 |
5,014 | 5,490 | |
| Income statement | |||
9900 |
18,932 | -7,008 | |
630 |
964 | 1,272 | |
640/8 |
534 | - | |
66A |
835 | - | |
9901 |
16,599 | -8,279 | |
75/76B |
1 | - | |
75 |
1 | - | |
65/66B |
158 | 12 | |
65 |
158 | 12 | |
9903 |
16,442 | -8,291 | |
67/77 |
1,688 | - | |
9904 |
14,754 | -8,291 | |
9905 |
14,754 | -8,291 | |
| Appropriation of the result | |||
9906 |
6,463 | -8,291 | |
14P |
-8,291 | - | |
| Document | |||
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-08-2026.
2025 annual accounts filed 9 days after the deadline. Filed on 9 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00389247.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,563 | -7,008 | ||
| 15,718 | -7,019 | ||
| 2,893 | 1,272 | ||
| 14,385 | - | ||
| 4,535 | -8,291 | ||
| 14.8% | -72.2% | ||
| 1.12 | 0.58 | ||
| 5.74 | - | ||
| 228.3% | - | ||
| 33.9% | -72.2% | ||
| over 100 | -597.91 |
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.
| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €2,893 | - |
| Intangible fixed assets | - | €1,272 |
| €964 | €1,272 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €16,599, after a loss of €8,279 in 2024.
Debt's share of the balance-sheet total is 85.2%.
ANGGELO CONSTRUCT has no parent and no holdings in its annual accounts. FRROKU Ded is the only director. ANGGELO CONSTRUCT shares no director with another company.
| DA GROUP
registered office since 21-09-2020 · founded in 2020 · accounts filed late |
turnover €1.6m (2024) 0754.683.160 |
| GO-SERVICES
registered office since 01-05-2010 · founded in 2007 |
7.9 FTE (2025) 0893.182.235 |
| VAN HAME
registered office since 24-11-2010 · founded in 2010 |
11 FTE (2025) 0831.362.452 |
| FM BELGIQUE
registered office since 28-04-2023 · founded in 2023 |
turnover €730,102 (2025) 0801.293.937 |
| KOURHANY MACHINERY
registered office since 05-03-2021 · founded in 2021 |
total assets €685,605 (2025) 0764.691.976 |
| HIKE
establishment since 01-04-2026 · founded in 2024 |
total assets €601,367 (2025) 1007.329.162 |
| IS Bâtisse
registered office since 10-07-2020 · founded in 2020 |
total assets €543,637 (2025) 0750.522.652 |
| DAVID BAT
registered office since 14-09-2024 · founded in 2024 |
turnover €518,218 (2025) 1013.576.160 |
| MANUEL CONSTRUCT
registered office since 08-09-2022 · founded in 2022 · accounts filed late |
turnover €360,288 (2025) 0790.614.633 |
| WorkOffice
establishment since 26-03-2024 · founded in 2021 · accounts filed late |
total assets €354,555 (2024) 0778.730.252 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 2 April 2024, ANGGELO CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 In 2025 the registered office moved to Vilvoorde.3 FRROKU Ded is director of the company, appointed by deed of 04-04-2024.2
| Establishment | Since | Unit number |
|---|---|---|
| Guldenschaapstraat 6 registered office 1800 Vilvoorde | ||
| ANGGELO CONSTRUCT | 02-04-2024 | 2.361.085.116 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23095B0028/00C003 | 1,619 m² | - | - |
| 23642D0866/00X000 | 93 m² | 1 · 82 m² | 11.0 m · 3 |
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 1007.887.012
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