Billecom
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
Billecom has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,515 and a net result of €152,365. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 22-10-2024 Normal situation
- Legal form
- Private limited company
- Activity
- “BOUWSECTOR – AANNEMING” (deed in Dutch)From the articles, 26 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.365.475.157 since 22-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €211,378
- Turnover
- ≈ €530,000
- estimated
- Profit
- €152,365
- Equity
- €153,515
- Total assets
- €329,127
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2024lowers riskLiquidity: current ratio 1.43, cash €89,467Equity €153,515 (46.6% of total assets)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 55% of them on solvency, 64% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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Signals
Searched, nothing found (1)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 09-02-2026
- Format
- micro format
- Reference
- 2026-00035835
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as Billecom has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Billecom itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,445 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 39,278 companies, not a prediction for Billecom. 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,932 |
| Other operating charges640/8 | €841 |
| Gross operating margin9900 | €211,378 |
| Operating profit (loss)9901 | €191,604 |
| Financial charges65/66B | €285 |
| Recurring financial charges65 | €285 |
| Profit (loss) for the period before taxes9903 | €191,320 |
| Income taxes67/77 | €38,955 |
| Profit (loss) for the period9904 | €152,365 |
| Profit (loss) for the period to be appropriated9905 | €152,365 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €329,127 | |
| Fixed assets21/28 | €95,063 | |
| Tangible fixed assets22/27 | €87,263 | |
| Plant, machinery and equipment23 | €34,867 | |
| Furniture and vehicles24 | €52,395 | |
| Financial fixed assets28 | €7,800 | |
| Current assets29/58 | €234,064 | |
| Stocks and contracts in progress3 | €18,373 | |
| Stocks30/36 | €18,373 | |
| Amounts receivable within one year40/41 | €126,224 | |
| Trade receivables40 | €120,200 | |
| Other amounts receivable41 | €6,024 | |
| Cash at bank and in hand54/58 | €89,467 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €329,127 | |
| Equity10/15 | €153,515 | |
| Contributions10/11 | €1,150 | |
| Profit (loss) carried forward14 | €152,365 | |
| Amounts payable17/49 | €175,612 | |
| Amounts payable within one year42/48 | €163,918 | |
| Trade debts44 | €2,811 | |
| Suppliers440/4 | €2,811 | |
| Taxes, remuneration and social security45 | €47,024 | |
| Taxes450/3 | €40,509 | |
| Remuneration and social security454/9 | €6,515 | |
| Other amounts payable47/48 | €114,083 | |
| Accrued charges and deferred income492/3 | €11,694 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €152,365 |
| + Depreciation and write-downs630 | €18,932 |
| Operating cash flow (approximation) | €171,297 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-02-2026 | 2026-00035835 | NBB |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Octavian Ion MURESAN |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alone
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering zonder recht op vergoeding, geheel van bevoegdheden aan…”1 more provision on this in the deed
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…”
Articles of association, deed of 25-10-2024
Owners and capital
Capital transactions
- MURESAN Octavian Ion 100 shares (100%) · €2,000
- 25-10-2024 Incorporation · €2,000 · 100 shares
Other provisions of the articles of association
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- “Aanwending jaarlijkse nettowinst bepaald door algemene vergadering op voorstel bestuursorgaan, elk aandeel recht op gelijk aandeel…”Liquidation distribution: “Na aanzuivering schulden, lasten en kosten of consignatie nodige sommen en, indien niet-volgestorte aandelen, na herstelling evenwicht door…”2 more provisions in the deed, see the deed of 25-10-2024
Articles of association, deed of 25-10-2024 (in Dutch)
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
25-10
Gazette deed
IncorporationAppointment: MURESAN Octavian Ion (director) · Founder · Founding capital5 points ▸
- Incorporation, 21-10-2024
- Founder, MURESAN Octavian Ion
- Founding capital, €2,000
- Director appointment, MURESAN Octavian Ion (director (not named in the articles))
- Registered office clause, “1800 Vilvoorde, Grimbergsesteenweg 237” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
26 activities
- BOUWSECTOR – AANNEMING
- Algemene bouwonderneming, het bouwrijp maken van terreinen, renovatie van burgerlijke en utiliteitsgebouwen, individuele huizen, residentiële en kantoorgebouwen, gebouwen van industriële, commerciële aard.
- Verkoop, plaatsing en herstelling van zonnepanelen, warmtepompen.
- Het bouwen, herstellen en onderhouden van wegen.
- Het aanbrengen in gebouwen en andere bouwwerken van parket en andere houten vloerbekleding, tapijt en vloerbedekking van linoleum, rubber of kunststof.
- Aannemer van metsel- en betonwerken, waterdicht maken van bouwwerken.
- Aannemer van slopingswerken.
- Installeren van individuele verwarmingsinstallaties.
- Het uitoefenen van het beroep van sanitair installateur, loodgieter, installateur van centrale verwarming en het plaatsen van elektrotechnische installaties, airco-installaties, enzovoort.
- Alle soorten elektriciteitswerken.
- Het kopen en verkopen, huren en verhuren van allerhande machines en infrastructuur noodzakelijk voor de bouwnijverheid, met bedieningspersoneel of zonder.
- Het leggen van opritten in klinkers, kasseien en andere gelijkaardige materialen.
- Aannemer van schrijnwerk in hout, kunststof en metaal.
- Montage van buiten- en binnenschrijnwerk in hout, kunststof en metaal.
- Dakbedekking en bouw van daken en dakconstructies, het plaatsen van dakbedekking van ongeacht welk materiaal, het plaatsen van dakgoten en regenafvoerbuizen, het waterdicht maken van daken en dakterrassen.
- Het aanbrengen van pleister- en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen- of buitenzijde van gebouwen en andere bouwwerken.
- Het behandelen van muren met vochtwerende en waterafstotende producten.
- Gevelreiniging door middel van zandstralen, met behulp van stoom, enzovoort, het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden.
- Overige werkzaamheden in verband met de afwerking van gebouwen.
- Het leggen van ondergrondse kabels.
- Plaatsen van behang.
- Schilderwerken.
- Rioleringswerken en het uitvoeren van bestratingen.
- Wegenwerken.
- Plaatsing van signalisatie.
- Alle aannemersactiviteiten.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23645C0017/00D004 | Flanders | 345 m² | 1 · 128 m² | 10.8 m · 3 |