BUILD & CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BUILD & CONSTRUCT is 9.1% (elevated). The 2025 annual accounts show equity of €18,017 and a net result of €18,017. Its solvency ranks better than 17% of 1,557 sector peers (NACE 81, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-06-2025 Normal situation
- Registered office
- 17 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- General cleaning of buildings NACE 81210and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 21-09-2026
Board and ownership
- MARINESCU BogdanDirector
- MARINESCU Bogdan1,000 sharesact of 18-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 9.1%
- Gross margin
- €24,258
- Turnover
- ≈ €200,000
- estimated
- Profit
- €18,017
- Equity
- €18,017
- Total assets
- €143,050
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskFounded in 2025No registered site in the KBOLast filed accounts filed 55 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthsShow the evidence
Checked score
About 9 in 100 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 81, micro). It does better than 20% of them on solvency, 4% on liquidity and 67% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
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
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 55 days after the deadline Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00523886.
Annual accounts 2025 filed on 24-09-2026 at the NBB
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €110,000 |
| Depreciation and write-downs of the year | €4,568 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,568 |
| Other operating charges640/8 | €1,661 |
| Gross operating margin9900 | €24,258 |
| Operating profit (loss)9901 | €18,029 |
| Financial charges65/66B | €12 |
| Recurring financial charges65 | €12 |
| Profit (loss) for the period before taxes9903 | €18,017 |
| Profit (loss) for the period9904 | €18,017 |
| Profit (loss) for the period to be appropriated9905 | €18,017 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €143,050 | |
| Formation expenses20 | €1,013 | |
| Fixed assets21/28 | €105,841 | |
| Tangible fixed assets22/27 | €105,841 | |
| Furniture and vehicles24 | €105,841 | |
| Current assets29/58 | €36,197 | |
| Amounts receivable within one year40/41 | €25,000 | |
| Trade receivables40 | €25,000 | |
| Cash at bank and in hand54/58 | €2,959 | |
| Deferred charges and accrued income490/1 | €8,237 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €143,050 | |
| Equity10/15 | €18,017 | |
| Profit (loss) carried forward14 | €18,017 | |
| Amounts payable17/49 | €125,033 | |
| Amounts payable within one year42/48 | €125,033 | |
| Current portion of amounts payable after more than one year42 | €30,000 | |
| Trade debts44 | €7,928 | |
| Suppliers440/4 | €7,928 | |
| Other amounts payable47/48 | €87,105 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €18,017 |
| + Depreciation and write-downs630 | €4,568 |
| Operating cash flow (approximation) | €22,585 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,390 companies had the same profile as BUILD & CONSTRUCT has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.
- Micro
- under 2 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BUILD & CONSTRUCT itself is higher: 9.1% within 12 months. It rests on far more data about BUILD & CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 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 BUILD & 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-09-2026 | 2026-00523886 |
Board & ownership
Directors
Owners and capital
Shareholders
- MARINESCU Bogdan 1,000 shares · 100%
- VARDAR Aytaç to MARINESCU Bogdan 1,000 shares
- VARDAR Aytaç 1,000 shares (100%) · €1,000 in cash
Capital transactions
- 25-09-2026 Capital stated in the deed · 1,000 shares
- 11-06-2025 Incorporation · €1,000 · 1,000 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MARINESCU Bogdan |
|
| VARDAR Aytaç |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Elke bestuurder mag aan één van zijn collega's, schriftelijk of via elk ander communicatiemiddel dat over een materiële drager beschikt…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 25-09-2026 (in Dutch)
Network & group
BUILD & CONSTRUCT shares no director with another company.
Companies at the same address
16 other companies- INVESTIMMO HOLDING Registered office · since 2025 1023023762
- S&C PROPERTIES Registered office · since 2025 1023023960
- CEFA PROPERTIES Establishment · since 2023 0803573140
- T&A PROPERTIES Registered office · since 2023 0803573833
- F&C PROPERTIES Establishment · since 2023 0797098290
- CST PROPERTIES Establishment · since 2018 0843137856
- TERANGA PROPERTIES Establishment · since 2008 0445072028
- GEORGES HENRY PROMOTION Establishment · since 2006 0883150851
- IMMO CHABEAU Establishment · since 2006 0428550156
- PRIMAR Registered office · since 2003 0861100672
Connections & network
1 current directorThe network starts from the directors of BUILD & CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
25-09
Gazette deed
Amendment of the articlesGeneral meeting of 15-09-20262 points ▸
- General meeting, 15-09-2026
- 1,000 shares
18-09
Gazette deed
Registered office moved from Schaarbeek to Sint-Genesius-RodeTransfer of 1,000 shares from VARDAR Aytaç to MARINESCU Bogdan · New seat: Chaussée de Waterloo 258 – 1640 Rhode-Saint-Genèse · Previous seat: Chaussée de Helmet 171/173, 1030 Schaerbeek8 points ▸
- General meeting, 15-09-2026
- Share transfer, VARDAR Aytaç → MARINESCU Bogdan, 1,000 shares
- MARINESCU Bogdan holds 1,000 shares (100%)
- Registered-office move, Chaussée de Waterloo 258 – 1640 Rhode-Saint-Genèse
- Director resignation, VARDAR Aytaç (director)
- Director discharge, VARDAR Aytaç
- Director appointment, MARINESCU Bogdan (director)
- Power of attorney, Pauline FRANCKX
- The act holds 3 more points.
11-06
Gazette deed
IncorporationFounding capital of €1,000, 1,000 shares · Founder: VARDAR Aytaç · Appointment: VARDAR Aytaç (director)3 points ▸
- Founder, VARDAR Aytaç
- Founding capital, €1,000, 1,000 shares
- Director appointment, VARDAR Aytaç (director)
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20257 activities
- Alle vastgoedverrichtingen en alle studies met betrekking tot alle onroerende goederen en/of alle zakelijke rechten op onroerende goederen, door hun aard, incorporatie of bestemming, evenals alle roerende goederen en/of alle rechten die daaruit voortvloeien, alsook alle burgerlijke, commerciële, industriële of financiële verrichtingen die er rechtstreeks of onrechtstreeks verband mee houden, en meer in het bijzonder het beheer, de verbouwing, de verbetering, de bouw, de afbraak, alle onderhoudswerken of werken die in het algemeen betrekking hebben op onroerende goederen en/of alle daaruit voortvloeiende roerende goederen
- Alle vastgoedverrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op de aankoop, verkoop, verhuur, onderverhuur en het beheer in het algemeen van alle onroerende goederen en/of de daaruit voortvloeiende roerende goederen
- Alle activiteiten van ondernemingen inzake thermische en akoestische isolatie en, in het algemeen, alle activiteiten van algemene bouw- en renovatieondernemingen, met inbegrip van de coördinatie van werken en expertises
- Dakwerken, schrijnwerkerij, sanitaire installaties, installatie en onderhoud van verwarmingssystemen, uitvoering van installatie- en/of onderhoudswerken inzake waterdichting, schoorsteenvegen, thermische isolatie. wegenbouw of wegenherstellingen, pleisterwerken
- De exploitatie en het beheer van een schoonmaakonderneming in de ruimste zin van het woord, met inbegrip van het onderhoud van kantoren, grootwarenhuizen, de schoonmaak van kantoren, commerciële of industriële lokalen, woongebouwen, privatieve gebouwen en alle andere binnen- of buitensites zoals parkings, evenals alle aanverwante activiteiten, met inbegrip van de onderaanneming van deze diensten
- De schoonmaak van (mede-)eigendommen, het wassen van ramen en raamkozijnen, het herstellen na werken of brand, het shamponeren en beschermen van tapijten, het schuren en behandelen van parketten, het in de was zetten, kristalliseren, reinigen van zetels, reinigen van zonnepanelen en/of fotovoltaïsche panelen,...
- De verkoop, invoer, uitvoer, vervaardiging en commercialisering van alle producten en machines voor schoonmaakdoeleinden
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 1024.080.369
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22552E0043/00E045 | Flanders | 2,213 m² | 1 · 55 m² | 11.6 m · 1 |