Debts
€63,087 81% of the balance sheet
Suppliers 12%Taxes and wages 13%Other 74%
Of this, €26,743 falls due within a year.
BTM CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €17,061 (2026)
€17,061
peak €11,488 (2026)
€11,488
peak €14,488 (2026)
€14,488
€63,087
Board3 names since 2025
3 directorsBEYRIBEY Ertaç and 2 others
Documentsfilings and deeds
30-09-2026123 days before the deadline
2026micro format
Registered office moved from Charleroi to Overijse 07-09First year with figures
Key points
from the 2026 annual accountsAt the same address
313 companies
Position in the sector
18.7%
Lower solvency than 84% of companies in construction of buildings. Sector median 52.4% · 347 companies.
Checked score
38
Weak
Financially stronger than 61% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2025
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.64, cash €45,197
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 25% of them on solvency, 87% on liquidity and 71% on profitability.
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 30-06-2026.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 2,390 companies had the same profile as BTM CONSTRUCT has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BTM CONSTRUCT itself is higher: 6.1% within 12 months. It rests on far more data about BTM CONSTRUCT than the profile alone.
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 2,390 companies, not a prediction for BTM 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 €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 2.64, above the usual 1.5. Short-term debt is 34.5% and cash 58.3% of total assets. However, 81.3% 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.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 347 sector peers (2026).
NBB · sector comparisonPosition among 347 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 30-09-2026, 123 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2026
123 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MUSAYEV Tamerlan 100 sharesdeed of 13-10-2025
- TSORMAEV Aslanbek Issaevitch 100 sharesdeed of 13-10-2025
- BEYRIBEY Ertaç 100 sharesdeed of 13-10-2025
Recent changes
Registered office moved from Charleroi to Overijse
New registered office: Brusselsesteenweg 292, 3090 Overijse · Previous registered office: Rue de Couillet 138, 6001 Charleroi (Marcinelle) · General meeting of 28-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1028921857
Incorporation
Founding capital of €3,000, 300 shares · Founders: MUSAYEV Tamerlan, TSORMAEV Aslanbek Issaevitch and BEYRIBEY Ertaç · Appointments: MUSAYEV Tamerlan, TSORMAEV Aslanbek Issaevitch and BEYRIBEY Ertaç · published on 13-10-2025 · Gazette deed
First establishment
Rue de la Marine 13, Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BTM CONSTRUCT Overijse | €77,575 | €17,061 | 18.7% | - |
| BI CONSTRUCT Sint-Pieters-Leeuw | €67,305 | €19,612 | 23.5% | - |
| MN Business Construct Sint-Pieters-Leeuw | €107,471 | €19,592 | 14.5% | - |
| NADET Zaventem | €74,671 | €14,656 | 27.4% | - |
| ZOD GROUP Zaventem | €57,358 | €20,849 | -11.6% | - |
| Poswiatny Renovation Roosdaal | €68,766 | €21,378 | 5.7% | - |
| DMPA Renovation Sint-Pieters-Leeuw | €72,573 | €25,019 | 25.5% | - |
These companies have the same main activity as BTM CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €57,400 and €107,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 09-10-2025Normal situation
- Registered office
- 314 active companies are registered at this address35 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.390.406.3356040 Charleroi, since 09-10-2025
- Financial year end
- 30 June
- Peppol
- Reachable since 16-01-2026
Annual accounts to 30-06-2026
- €17,061
- ≈ €210,000estimated
- €11,488
- €14,488
- €77,575
- Filing
- Filed on 30-09-2026, 123 days before the end of the filing period
Insights on BTM CONSTRUCT
The computed 12-month bankruptcy probability of BTM CONSTRUCT is 6.1% (elevated). The 2026 annual accounts show equity of €14,488 and a net result of €11,488.
Its solvency ranks better than 16% of 347 sector peers (NACE 41, financial year 2026). The company has been active since 2025 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 2026
micro format, filed on 30-09-2026, 123 days before the deadline€17,061
€14,235
€11,488
€43,748
18.7%
2.64
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 ≈ €210,000. Estimated: probably between €110,000 and €370,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €77,575 on 30-06-2026What the company ownsHow it is paid for
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
77,575 | |
21/28 |
7,083 | |
22/27 |
7,083 | |
23 |
7,083 | |
29/58 |
70,491 | |
40/41 |
25,295 | |
40 |
20,669 | |
41 |
4,626 | |
54/58 |
45,197 | |
| Balance sheet: equity and liabilities | ||
10/49 |
77,575 | |
10/15 |
14,488 | |
10/11 |
3,000 | |
14 |
11,488 | |
17/49 |
63,087 | |
42/48 |
26,743 | |
44 |
7,876 | |
440/4 |
7,876 | |
45 |
8,395 | |
450/3 |
3,755 | |
454/9 |
4,640 | |
47/48 |
10,472 | |
492/3 |
36,343 | |
| Income statement | ||
9900 |
17,061 | |
630 |
2,656 | |
640/8 |
170 | |
9901 |
14,235 | |
75/76B |
634 | |
75 |
634 | |
65/66B |
138 | |
65 |
138 | |
9903 |
14,732 | |
67/77 |
3,243 | |
9904 |
11,488 | |
9905 |
11,488 | |
| Appropriation of the result | ||
9906 |
11,488 | |
| 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 2026 at the NBB, filed on 30-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2026 | micro format | 30-09-2026 | 2026-00539451 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 |
|---|---|---|
| 16,891 | ||
| 14,144 | ||
| 8,500 | ||
| 43,748 | ||
| 18.7% | ||
| 2.64 | ||
| 4.35 | ||
| 79.3% | ||
| 14.8% | ||
| over 100 |
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 | 30-06-2026 |
|---|---|
| Tangible fixed assets | €8,500 |
| €2,656 |
Source: notes to the 2026 annual accounts (statement of fixed assets)
Insights on BTM CONSTRUCT
Debt's share of the balance-sheet total is 81.3%.
Board & ownership
Board
3 directors, since incorporationDirector (not named in the articles)
appointed by deed of 13-10-2025
term without a fixed end
also on the board of 1 other company
listed in the 2026 annual accounts, filed on 30-09-2026
Director (not named in the articles)
appointed by deed of 13-10-2025
term without a fixed end
also on the board of 1 other company
listed in the 2026 annual accounts, filed on 30-09-2026
Director (not named in the articles)
appointed by deed of 13-10-2025
term without a fixed end
also on the board of 2 other companies
listed in the 2026 annual accounts, filed on 30-09-2026
1 other company bankrupt- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 07-09-2026
Mandates through the years
3 names, the dashed line is todayBEYRIBEY Ertaç
Director (not named in the articles)
Director (not named in the articles)
MUSAYEV Tamerlan
Director (not named in the articles)
Director (not named in the articles)
TSORMAEV ASLANBEK
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BEYRIBEY Ertaç
- Director (not named in the articles), appointed by deed of 13-10-2025, still in office
- MUSAYEV Tamerlan
- Director (not named in the articles), appointed by deed of 13-10-2025, still in office
- TSORMAEV ASLANBEK
- Director (not named in the articles), appointed by deed of 13-10-2025, still in office
Control
Founders
This company
BTM CONSTRUCT
Equity €14,488
Profit €11,488 in 2026
Capital
- Contribution
- €3,000
- Shares
- 300
- Contribution per share
- €10
- Equity per share
- €48.29 in 2026
- Source
- deed of 13-10-2025
Articles of association
- Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-09-2026 (in Dutch)
- Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, enkel algemene vergadering benoemt nieuwe bestuurder bij openvallende plaats in collegiaal orgaan”“Bevoegdheden bestuursorgaan, kan bijzondere machten toekennen aan elke mandataris”“Vergoeding bestuurders, algemene vergadering beslist of het mandaat ten kosteloze titel wordt uitgeoefend”“Bestuursorgaan bepaalt of alleen of gezamenlijk optreden, dagelijks bestuur”deed of 07-09-2026 (in Dutch)
- Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten zijn voor de helft ten laste van de overdrager en voor de andere helft ten laste van de koper(s), naar…”deed of 07-09-2026 (in Dutch)
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Volgestort bij hun uitgifte, In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij, naargelang de behoeften van de…”deed of 07-09-2026 (in Dutch)
- General meeting and financial year
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- “Titel VII: BOEKJAAR - WINSTVERDELING - RESERVES Artikel 28. Boekjaar Het boekjaar van de vennootschap gaat in op één juli en eindigt op…”deed of 07-09-2026 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of October at 18:00deed of 07-09-2026 (in Dutch)
- Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditordeed of 13-10-2025 (in French)
Shareholders
At incorporation
deed of 13-10-2025 ↗
- MUSAYEV Tamerlan 100 shares (33.3%) · €1,000
- TSORMAEV Aslanbek Issaevitch 100 shares (33.3%) · €1,000
- BEYRIBEY Ertaç 100 shares (33.3%) · €1,000
Capital transactions
Capital over time
- 07-09-2026 Capital stated in the deed · 300 shares
- 13-10-2025 Incorporation · €3,000 · 300 shares
The directors' other companies
1 current director with another company that went bankrupt, was dissolved or struck off1 other company of this director went bankrupt (2023).
- TSORMAGROUP bankruptcy on 27-07-2023Official Gazetteappointed in 2021, still in office
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Network & group
No group
BTM CONSTRUCT has no parent and no holdings in its annual accounts.
At the same address
Brusselsesteenweg 292, 3090 Overijse · 313 other companies| NORIM
registered office since 04-07-2022 · founded in 2022 |
turnover €1.1m (2025) 0788.183.101 |
| ISTMAN CONSTRUCTION
registered office since 25-04-2023 · founded in 2023 · accounts filed late |
turnover €856,807 (2024) 0801.141.014 |
| DECO-PRO
registered office since 01-06-2025 · founded in 2014 · accounts filed late |
turnover €635,920 (2024) 0567.823.350 |
| MANDO
registered office since 29-07-2022 · founded in 2022 |
total assets €634,884 (2025) 0789.239.510 |
| HVAC Performance
registered office since 25-10-2022 · founded in 2022 |
total assets €623,019 (2025) 0792.862.063 |
| CORDEIRO CONSTRUCT
registered office since 02-06-2020 · founded in 2020 |
total assets €620,151 (2024) 0747.794.279 |
| Beprosoft Venture
establishment since 01-06-2022 · founded in 2017 · accounts filed late |
total assets €608,433 (2024) 0675.566.990 |
| MAT HOME CONSTRUCT
registered office since 09-11-2022 · founded in 2022 |
total assets €558,765 (2025) 0793.454.951 |
| SANDEF
registered office since 23-08-2022 · founded in 2022 |
turnover €362,314 (2025) 0789.882.975 |
| MODOCAR
registered office since 14-12-2024 · founded in 2024 |
total assets €465,537 (2025) 1017.397.267 |
Earlier ties
| NEXTURE PRO via BEYRIBEY Ertaç, no longer at NEXTURE PRO · Director · deed of 27-01-2022 founded in 2022 · accounts filed late |
total assets €36,527 (2024) |
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Timeline
Timeline
5 events since 2025Filings
Establishments
Address
20252026
2026
Annual accounts 2026 filed NBBmicro format · 123 days before the deadline
Registered office moved from Charleroi to OverijseNew registered office: Brusselsesteenweg 292, 3090 Overijse · Previous registered office: Rue de Couillet 138, 6001 Charleroi (Marcinelle) · General meeting of 28-08-20262 points ▸
- General meeting, 28-08-2026
- 300 shares
Registered in the Peppol Directory Reachable for e-invoices through 0208:1028921857
2025
IncorporationFounding capital of €3,000, 300 shares · Founders: MUSAYEV Tamerlan, TSORMAEV Aslanbek Issaevitch and BEYRIBEY Ertaç · Appointments: MUSAYEV Tamerlan, TSORMAEV Aslanbek Issaevitch and BEYRIBEY Ertaç · published on 13-10-20259 points ▸
- Founder, MUSAYEV Tamerlan
- Founder, TSORMAEV Aslanbek Issaevitch
- Founder, BEYRIBEY Ertaç
- Founding capital, €3,000, 300 shares
- 300 shares
- Registered office clause, Rue de Couillet 138
- Director appointment, MUSAYEV Tamerlan (director (not named in the articles))
- Director appointment, TSORMAEV Aslanbek Issaevitch (director (not named in the articles))
- Director appointment, BEYRIBEY Ertaç (director (not named in the articles))
- The deed holds 2 more points.
First establishment Rue de la Marine 13, Charleroi
A deed published in both Dutch and French appears here once.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1028.921.857
- VAT number
- BE 1028.921.857
- Peppol ID
- 0208:1028921857
- Other Peppol ID
- 9925:BE1028921857
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-10-2025
- Financial year
- ends on 30 June
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- “Titel VII: BOEKJAAR - WINSTVERDELING - RESERVES Artikel 28. Boekjaar Het boekjaar van de vennootschap gaat in op één juli en eindigt op…”deed of 07-09-2026 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of October at 18:00deed of 07-09-2026 (in Dutch)
- Peppol
- Reachable since 16-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BTM CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-09-2026 (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 07-09-2026 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Algemene aanneming van bouwwerken, met inbegrip van metselwerken in de ruimste zin van het woord, alsook sloopwerken, renovatie, inrichting…”deed of 07-09-2026 (in Dutch)
10 activities
- Algemene aanneming van bouwwerken, met inbegrip van metselwerken in de ruimste zin van het woord, alsook sloopwerken, renovatie, inrichting van gebouwen van welke aard ook, openbare en private werken en de installatie van waterzuiveringssystemen
- Tegelwerken en vloerbekleding, met inbegrip van chapewerken en afwerkingen
- Pleisterwerken, binnen en buitenwandbekleding, gevelbekleding, behandelingen, binnenwanden, bepleistering, enz.
- Isolatiewerken en gevelbepleistering (crepi)
- Binnen en buitenschilderwerken aan gebouwen
- Dakconstructies, binnen en buitenschrijnwerk
- Installatie van verwarmings, sanitaire en loodgietersinstallaties, met inbegrip van waterleidingen en afvoerleidingen
- Elektrische installaties in gebouwen, met inbegrip van verwarmingssystemen, huishoudelijke elektriciteitsproductie-installaties, ventilatie- en verwarmingssystemen
- Dakbedekkingswerken
- Bouwwerken in de ruimste zin van het woord
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 292 registered office 3090 Overijse | ||
| Rue de la Marine 13 6040 Charleroi 43350 Other building finishing work | 09-10-2025 | 2.390.406.335 |
1 former office
- 6001 Charleroi (Marcinelle) until the deed of 07-09-2026
Buildings and parcels at the addresses
- Ground area
- 3,009 m²
- Buildings
- 428 m²
- Volume, LiDAR
- 2,871 m³
- Tallest building
- 11.4 m
Buildings to scale, each on its own parcel
Parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 |
| 52363D0405/00F007 | Wallonia | 1,075 m² | 1 · 230 m² | 11.4 m · 3 |
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 1028.921.857