Equity
-€1,606
Debts exceed assets in financial year 2024.
BIG CONSTRUCT
Lifetime
16 annual accounts with figures on one time axispeak €30,588 (2015)
€770▲ €2,588
lowest -€11,249 (2016)
-€1,741▲ €1,017
peak €14,616 (2015)
-€1,606▼ €1,741
€19,329▼ 54.1%
Board3 names since 2016
3 directorsGogu Mihail and 2 others
Documentsfilings and deeds
29-09-202560 days late
2024micro format
Gross margin from -€1,817 to €770Loss of €1,741Purpose change · Amendment of the articles · Legal-form chang… 13-05Equity from €134 to -€1,606Debts from €42,097 to €19,329Investments €1,547
Key points
from the 2024 annual accountsLosses
-€10,258 in four years
Every financial year from 2021 to 2024 closed with a loss. 2022 was the heaviest.
Debts
€19,329 109% of the balance sheet
Suppliers 82%Taxes and wages 13%Other 6%
Investments
€1,547 3.5 × depreciation
Green is investment, beige is depreciation.
Filings
16 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-9.1%
Lower solvency than 91% of companies in specialised construction. Sector median 46.6% · 35,955 companies.
Checked score
51
Fair
Financially stronger than 7% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% 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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025lowest value
07-2025: 1.5%▲ +0.2 percentage points vs 06-2025
08-2025: 2.0%▲ +0.5 percentage points vs 07-2025
09-2025: 2.1%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 1.6%▼ -0.5 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026
08-2026: 1.9%▲ +0.2 percentage points vs 07-2026
09-2026: 1.9%● unchanged vs 08-2026
10-2026: 2.0%▲ +0.1 percentage points vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 29-09-2025)
lowers risk
Founded in 2007
Size: total assets €17,723
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 7% of them on solvency, 10% on liquidity, 10% on profitability and 0% 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 31-12-2024.
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, 2,333 companies had the same profile as BIG CONSTRUCT has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BIG CONSTRUCT itself: 2.0% 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 2,333 companies, not a prediction for BIG 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 0.84 (0.99 in 2023), below 1. Short-term debt is 109.1% and cash 14.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€1,606
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 · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
60 days late
2023
61 days late
2022
56 days late
2021
31 days late
2020
86 days late
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 48 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 (1)
Board and ownership
GC
Gogu Costinel
Director, since 25-04-2024
GM
Gogu Mihail
Director, since 25-04-2024
Recent changes
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“De uitbating van een speciaal atelier voor de metaalverwerkende industrie; De uitbating van een atelier voor…” (deed in Dutch) · Legal-form conversion: to private limited company · General meeting of 25-04-2024 · Gazette deed
Resignations & appointments
Director in office: Gogu Mihail · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893275077
Appointment: Lungu Florian-Valentin (manager)
General meeting of 25-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BIG CONSTRUCT Vilvoorde | €17,723 | €770 | -9.1% | - |
| VBMAL Lasne | €15,219 | €294 | -153.7% | - |
| JS EXPERT CONSTRUCT Merchtem | €15,875 | -€16,369 | -114.9% | - |
| B - SAFE Bierbeek | €20,347 | -€1,649 | 26.5% | - |
| ARTISANS @RT DECO Villers-la-Ville | €16,717 | €902 | 59.3% | - |
| Media Transport Century Center Antwerp | €20,436 | -€3,292 | 30.8% | - |
| VAN HOUDT Willebroek | €23,604 | -€11,933 | 88.7% | - |
These companies have the same main activity as BIG CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €15,200 and €23,600, founded between 2001 and 2012.
Official details
Source: KBO- Status
- Active since 06-11-2007Normal situation
- Activity
- Other building finishing workNACE 43350and 1 other
- Establishment unit
- 2.166.439.8671800 Vilvoorde, since 19-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on BIG CONSTRUCT
BIG CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €8,279 in 2009 to €770 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BIG CONSTRUCT
- What is the company number of BIG CONSTRUCT?
- The company number of BIG CONSTRUCT is 0893.275.077. The VAT number is the same number with BE in front: BE 0893.275.077.
- Where is BIG CONSTRUCT based?
- The registered office is at Parkstraat 48, 1800 Vilvoorde.Company details
- What does BIG CONSTRUCT do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of BIG CONSTRUCT?
- BIG CONSTRUCT is a private limited company (BV).
- When was BIG CONSTRUCT founded?
- BIG CONSTRUCT was founded on 06-11-2007.
- Is BIG CONSTRUCT still active?
- Yes, BIG CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of BIG CONSTRUCT?
- The turnover in financial year 2024 is ≈ €7,700. This figure is estimated from the gross margin of €770 and 37 comparable companies (NACE 43350). It probably lies between €4,500 and €16,000. It is a rough estimate.Financials
- Is BIG CONSTRUCT profitable?
- In financial year 2024, BIG CONSTRUCT made a loss of €1,741.
- Where can I find the annual accounts of BIG CONSTRUCT?
- BIG CONSTRUCT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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