Equity
-€6,883
Debts exceed assets in financial year 2025.
ARNAUTU CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €170,873 (2025)
€170,873
lowest -€9,883 (2025)
-€9,883
peak -€6,883 (2025)
-€6,883
€19,318
Board1 name since 2024
1 directorARNUTU Ion
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Loss of €9,883Registered office moved to Tienen 14-10First year with figures
Key points
from the 2025 annual accountsDebts
€19,318 155% of the balance sheet
Position in the sector
-55.3%
Lower solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
50
Fair
Financially stronger than 17% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 1.9%lowest value
09-2025: 1.9%● unchanged vs 08-2025lowest value
10-2025: 2.0%▲ +0.1 percentage points vs 09-2025
11-2025: 4.3%▲ +2.3 percentage points vs 10-2025
12-2025: 4.5%▲ +0.2 percentage points vs 11-2025
01-2026: 5.0%▲ +0.5 percentage points vs 12-2025
02-2026: 5.2%▲ +0.2 percentage points vs 01-2026
03-2026: 5.2%● unchanged vs 02-2026
04-2026: 5.1%▼ -0.1 percentage points vs 03-2026
05-2026: 5.1%● unchanged vs 04-2026
06-2026: 5.5%▲ +0.4 percentage points vs 05-2026
07-2026: 5.6%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 2.4%▼ -3.2 percentage points vs 07-2026
09-2026: 2.4%● unchanged vs 08-2026
10-2026: 2.4%● unchanged vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 0.64, cash €8,578
Size: turnover €170,873, total assets €12,435
Figures for financial year 2025 (filed on 08-07-2026)
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 3% of them on solvency, 43% on liquidity and 4% on profitability.
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 31-12-2025.
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, 7,639 companies had the same profile as ARNAUTU CONSTRUCT has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ARNAUTU CONSTRUCT itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,448 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 7,639 companies, not a prediction for ARNAUTU 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 credit on open account
Liquidity is insufficient, with a current ratio of 0.64, below 1. Short-term debt is 155.3% and cash 69% of total assets. Equity is negative.
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
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved to Tienen
New registered office: Moespikstraat 70, 3300 Tienen · General meeting of 05-07-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011763151
Incorporation
Founding capital of €3,000, 300 shares · Founder: ARNUTU Ion (comparant) · Appointment: ARNUTU Ion (director) · published on 23-07-2024 · Gazette deed
First establishment
Reizigersstraat 95, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ARNAUTU CONSTRUCT Tienen | €12,435 | -€9,726 | -55.3% | - |
| G300 Gideon's Construct Kraainem | €11,775 | €428 | 49.7% | - |
| J Construct Dilbeek | €12,738 | €841 | -2.1% | - |
| IMPAIR SOLUTION Brussels | €14,734 | -€602 | -16.7% | - |
| Giro Work Finishing Linkebeek | €13,442 | -€725 | 24.0% | - |
| J-M PLAFONNAGE Grimbergen | €12,591 | -€2,144 | -25.8% | - |
| MAGIC INVEST Asse | €15,807 | -€559 | 17.9% | - |
These companies have the same main activity as ARNAUTU CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €11,800 and €15,800, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 19-07-2024Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.362.259.6083300 Tienen, since 19-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-10-2025
Annual accounts 2025
- €170,873
- €9,883
- -€6,883
- €12,435
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on ARNAUTU CONSTRUCT
The computed 12-month bankruptcy probability of ARNAUTU CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show negative equity (-€6,883) and a net result of -€9,883.
Its solvency ranks better than 5% of 35,136 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.
Financials
Annual accounts 2025
micro format, filed on 08-07-2026, 23 days before the deadline€170,873
-€9,866
-
-
-55.3%
0.64
Money flows
of every €100 of turnover, €5.78 was lost in 2025Balance sheet
balance sheet total €12,435 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-55.3%
Lower than 95% of 35,136 companies in 2025.
0.64
Higher than 10% of 34,510 companies in 2025.
-79.5%
Lower than 95% of 34,711 companies in 2025.
ARNAUTU CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · 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 | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
12,435 | |
29/58 |
12,435 | |
40/41 |
3,857 | |
40 |
1,876 | |
41 |
1,981 | |
54/58 |
8,578 | |
| Balance sheet: equity and liabilities | ||
10/49 |
12,435 | |
10/15 |
-6,883 | |
10/11 |
3,000 | |
14 |
-9,883 | |
17/49 |
19,318 | |
42/48 |
19,318 | |
45 |
300 | |
450/3 |
300 | |
47/48 |
19,018 | |
| Income statement | ||
70 |
170,873 | |
9900 |
-9,726 | |
60/61 |
183,840 | |
640/8 |
140 | |
9901 |
-9,866 | |
65/66B |
17 | |
65 |
17 | |
9903 |
-9,883 | |
9904 |
-9,883 | |
9905 |
-9,883 | |
| Appropriation of the result | ||
9906 |
-9,883 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00266876 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -6,883 | ||
| -5.8% | ||
| -55.3% | ||
| 0.64 | ||
| -79.5% | ||
| 4 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on ARNAUTU CONSTRUCT
Equity is negative. Debt (€19,318) exceeds the balance-sheet total (€12,435).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 23-07-2024
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 23-07-2024
Mandates through the years
1 name, the dashed line is todayARNUTU Ion
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- ARNUTU Ion
- Director (not named in the articles), appointed by deed of 23-07-2024, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- -€22.94 in 2025
- Source
- deed of 23-07-2024
Articles of association
deed of 23-07-2024 (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
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 300 shares
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), nietigheid bij gebrek aan goedkeuring”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “In geld met uitgifte nieuwe aandelen, ten minste vijftien dagen”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 23-07-2024 ↗
- ARNUTU Ion 300 shares (100%) · in cash
Network & group
No group
ARNAUTU CONSTRUCT has no parent and no holdings in its annual accounts. ARNUTU Ion is the only director. ARNAUTU CONSTRUCT shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 23 days before the deadline
2025
Registered office moved to TienenNew registered office: Moespikstraat 70, 3300 Tienen · General meeting of 05-07-20252 points ▸
- General meeting, 05-07-2025
- Registered-office move, Moespikstraat 70, 3300 Tienen
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011763151
2024
IncorporationFounding capital of €3,000, 300 shares · Founder: ARNUTU Ion (comparant) · Appointment: ARNUTU Ion (director) · published on 23-07-20243 points ▸
- Founder, ARNUTU Ion (comparant)
- Founding capital, €3,000, 300 shares
- Director appointment, ARNUTU Ion (director (not named in the articles))
- The deed holds 4 more points.
First establishment Reizigersstraat 95, Tienen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 19 July 2024, ARNAUTU CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Tienen.3 ARNUTU Ion is director of the company, appointed by deed of 23-07-2024.2
Company details
Identity
- Enterprise number
- 1011.763.151
- VAT number
- BE 1011.763.151
- Peppol ID
- 0208:1011763151
- Other Peppol ID
- 9925:BE1011763151
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-07-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 06-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ARNAUTU CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 23-07-2024 (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 23-07-2024 (in Dutch)
Activities
NACEBEL 202543990
Other specialised construction activities main activity
43341
Painting of buildings
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
41202
Construction of residential and non-residential buildings
43341
Painting of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting…”deed of 23-07-2024 (in Dutch)
Text of the purpose
“Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting, betonwapening; de coördinatie van onderaannemers, de afbraak-, vlak- en afgravingwerken, alle metsel-, voeging- en waterdichtheidwerken; alle asfalteringwerken; de montage van daken en het onderhoud ervan; het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen; alle geraamtewerken (hout- en stalconstructies, of andere); akoestische en thermische isolatie; de bekleding van wanden, vloeren, plafonds, gevels; al dan niet industriële schilderwerken; betegelen- en mozaïekwerken; deklaag- en stucwerken; de montage van buiten- en binnenschrijnwerk van hout en kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enzovoort; de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort in hout of kunststof; de natuursteen- en marmerbewerking; alle vernieuwingswerken, schoonmaakwerken; het schoorsteenvegen; het plaatsen van stellingen, ijzerwaren, smeedwerk, alle metaalwerken; alle werken van glazenmakervak, het plaatsen van ruiten, spiegels, glas-in-loodramen, het vervaardigen van doorzichtige wanden; alle sanitair- en loodgieterijwerken; de installatie van elektrische bedrading en toebehoren, van de installatie van bewakingssystemen en alarminstallaties tegen diefstal; het garneren van meubilair; de kleinhandel, de invoer en de uitvoer van constructiematerialen; alle hydraulische werken, maritieme of rivierwerken, constructie of herstelling van sluizen, stuwdammen, dijken, kanalen en kunstwerken, doorleggings- afwatering- en pompenwerken, irrigatie- en uitbaggeringwerken, créatie en onderhoud van vijvers, rivieren en beekjes; het aanleggen van wegen, fietspaden, enzovoort”
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Moespikstraat 70 registered office 3300 Tienen | ||
| Reizigersstraat 95 3300 Tienen | 19-07-2024 | 2.362.259.608 |
Buildings and parcels at the addresses
- Ground area
- 196 m²
- Buildings
- 154 m²
- Volume, LiDAR
- 968 m³
- Tallest building
- 11.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24592E0182/00M007 | 117 m² | 1 · 95 m² | 10.2 m · 2 |
| 24593H0535/00Y000 | 79 m² | 1 · 59 m² | 11.7 m · 2 |
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 1011.763.151