Skip to content

CAN CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearScepterstraat 57, 1050 Elsene, BelgiumKBO/BCE: BE 1026.511.309
Summary

CAN CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,414 and a net result of €127,414. Its solvency ranks better than 61% of 9,288 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
General construction of residential buildings
NACE 41001Painting of buildings NACE 43341
1 site
Size
€239,056total assets 2025
Equity
€127,414
Profit
€127,414
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Accounts filed 31 days late
Why 67raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2025Size: total assets €239,056lowers riskLiquidity: current ratio 2.14, cash €83,459Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 76% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 78
equity 53.3% of total assets
Liquidity 71
short-term debt 46.7% · cash 34.9%
Profitability 100
return on assets 53.3%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)
Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.14, above the usual 1.5; short-term debt: 46.7% and cash: 34.9% of total assets), and 46.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 62% on solvency, 75% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 2.14, cash €83,459
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €239,056
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Degerli (director)Appointment: Sükrü Can Kaya (director)
  3. IncorporationAppointment: DEGERLI Ozlem (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484819.

Equity
€127,414
Total assets
€239,056
Net result
€127,414
Working capital
€127,414

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €239,056
Equity €127,414
Debt €111,642
Debt finances 46.7% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.14
Debt to equity
0.88
ROE
100.0%
ROA
53.3%
Debt ≤ 1 year
€111,642
Income taxes
€59,508

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€239,056
Current assets29/58€239,056
Amounts receivable within one year40/41€155,598
Trade receivables40€129,762
Other amounts receivable41€25,836
Cash at bank and in hand54/58€83,459
Equity and liabilities
Total equity and liabilities10/49€239,056
Equity10/15€127,414
Reserves13€127,414
Distributable reserves133€127,414
Amounts payable17/49€111,642
Amounts payable within one year42/48€111,642
Trade debts44€35,572
Suppliers440/4€35,572
Taxes, remuneration and social security45€76,070
Taxes450/3€76,070
Income statement Code2025
Other operating charges640/8€400
Gross operating margin9900€187,837
Operating profit (loss)9901€187,437
Financial charges65/66B€515
Recurring financial charges65€34
Non-recurring financial charges66B€481
Profit (loss) for the period before taxes9903€186,922
Income taxes67/77€59,508
Profit (loss) for the period9904€127,414
Profit (loss) for the period to be appropriated9905€127,414
Appropriation of the result
Profit (loss) to be appropriated9906€127,414
Transfer to equity691/2€127,414
To other reserves6921€127,414
Line2025
Other operating charges640/8€400
Gross operating margin9900€187,837
Operating profit (loss)9901€187,437
Financial charges65/66B€515
Recurring financial charges65€34
Non-recurring financial charges66B€481
Profit (loss) for the period before taxes9903€186,922
Income taxes67/77€59,508
Profit (loss) for the period9904€127,414
Profit (loss) for the period to be appropriated9905€127,414
Line2025
Assets
Total assets20/58€239,056
Current assets29/58€239,056
Amounts receivable within one year40/41€155,598
Trade receivables40€129,762
Other amounts receivable41€25,836
Cash at bank and in hand54/58€83,459
Equity and liabilities
Total equity and liabilities10/49€239,056
Equity10/15€127,414
Reserves13€127,414
Distributable reserves133€127,414
Amounts payable17/49€111,642
Amounts payable within one year42/48€111,642
Trade debts44€35,572
Suppliers440/4€35,572
Taxes, remuneration and social security45€76,070
Taxes450/3€76,070
Line2025
Profit (loss) for the period9904€127,414
Operating cash flow (approximation)€127,414

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00484819

Similar companies · same sector, comparable size

Of the 29,234 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,163. 12,982 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2026
DEGERLI Ozlem
Director (not named in the articles) · since 19-08-2025
Current
Sükrü Can Kaya
Director · since 01-10-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

3 people since 2025, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DEGERLI Ozlem
  • Director (not named in the articles), from 19-08-2025 to date
Sükrü Can Kaya
  • Director, from 01-10-2025 to date
Degerli
  • Director, until 02-04-2026
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 19-08-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 19-08-2025 Incorporation · €5,000 · 1,000 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 14 August 2025, CAN CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 Of the 2 current board members, DEGERLI Ozlem has served longest, since 2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-08-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
02-04
Gazette deed Resignation: Degerli (director)
Appointment: Sükrü Can Kaya (director)3 facts ▸
  • Director resignation, Degerli (director)
  • General meeting, “ordinaire, 30 septembre” (deed in French)
  • Director appointment, Sükrü Can Kaya (director)
2025
19-08
Gazette deed Incorporation
Appointment: DEGERLI Ozlem (director) · Founder · Founding capital10 facts ▸
  • Incorporation, “CAN CONSTRUCT” (deed in French)
  • Founder, DEGERLI Ozlem (comparante)
  • Founding capital, €5,000
  • Other provision, “arrêt des statuts de la société” (deed in French)
  • Capital
  • General meeting, “décisions suivantes, comparante réunie en assemblée générale” (deed in French)
  • Registered office clause, “1050 Ixelles, rue du Sceptre numéro 57A” (deed in French)
  • Board rule, 1
  • Director appointment, DEGERLI Ozlem (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises au nom et pour compte société en formation” (deed in French)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded14-08-2025
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43341Painting of buildings
41002General construction of office buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1026511309
Also 9925:BE1026511309
Registered 17-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 1026.511.309

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
178 m²
Building footprint
173 m²
Building volume
3,454 m³
Parcel 21443A0069/02S006, Brussels · tallest building 23.9 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
CAN CONSTRUCT
Scepterstraat 57, 1050 ElseneGeneral construction of residential buildings
since 2025unit no. 2.376.906.509
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21443A0069/02S006 Brussels 178 m² 1 · 173 m² 23.9 m · 7
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous travaux de construction,rénovation et spécifiquement : travaux de terrassement,travaux de gros œuvre,activités générales de la…” (deed in French)
5 activities (deed in French)
  1. Tous travaux de construction,rénovation et spécifiquement : travaux de terrassement,travaux de gros œuvre,activités générales de la construction,travaux de rejointoiement,couverture non métallique de construction,travaux d'étanchéité de construction par asphaltage et bitumage,carrelage - revêtement de murs et de sols,travaux de plafonnage,pose de chapes,charpenterie et menuiserie du bâtiment,pose de faux-plafonds et cloisons,menuiserie métallique,pose de parquet et de tous autres revêtements de sols en bois,travaux de vitrerie,travaux de peinture et de tapissage,tuyauterie industrielle et canalisations,chauffage central,installations sanitaires et plomberie,chauffage au gaz par appareils individuels,installations électrotechniques,installations d'enseignes lumineuses,installations frigorifiques.
  2. Tous travaux de démolition,ainsi que toute activité en relation directe ou indirecte avec la construction ou la restauration de tous bâtiments.
  3. De manière générale,toute activité d'entrepreneur général.
  4. L’achat,la vente,la location,l’importation,l’exportation de tous matériaux,marchandises,appareil et outillages nécessaires aux travaux de construction,d’entretien,de maintenance,de réparation et de renouvellement des ouvrages d’art et bâtiments
  5. Toute activité immobilière (acquisition,vente,gestion,location,...)

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CAN CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique…” (deed in French)

deed of 19-08-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“1, nommés avec ou sans limitation de durée” (deed in French)
“Portée aux frais généraux indépendamment des frais de représentation,voyages et déplacements, assemblée générale” (deed in French)

deed of 19-08-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Libre de céder tout ou partie librement” (deed in French)

deed of 19-08-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of June at 19:00

deed of 19-08-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“En tout temps par décision assemblée générale délibérant formes prévues modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause et quelque moment, faculté désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 19-08-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, organe d’administration” (deed in French)
Other provision: “Apport en numéraire avec émission de nouvelles actions – Droit de préférence, organe qui procède à l’émission” (deed in French)
Other provision: “Indivisibilité des titres, jour du partage ou délivrance des legs” (deed in French)
Other provision: “Un ou plusieurs commissaires, contrôle de la société” (deed in French)
Other provision: “Séances-procès-verbaux assemblée générale, registre tenu au siège pour décisions assemblée ou actionnaire unique” (deed in French)
Other provision: “Tout actionnaire peut donner procuration écrite à toute personne actionnaire ou non par tout moyen de transmission, délibérations assemblée…” (deed in French)
Other provision: “Organe d'administration, séance tenante” (deed in French)
Other provision: “Bénéfice annuel net affecté par assemblée générale sur proposition organe d'administration, répartition-réserves” (deed in French)
Other provision: “Paiement dividendes et acomptes, 5:142 et 5:143” (deed in French)
Liquidation distribution: “Après apurement dettes,charges,frais ou consignation montants nécessaires, actif net réparti entre actionnaires en proportion actions,biens…” (deed in French)
Other provision: “Élection de domicile, communications,sommations,assignations,significations valablement faites” (deed in French)
Other provision: “Compétence exclusive tribunaux du siège, compétence judiciaire” (deed in French)
Other provision: “Dispositions CSA auxquelles il ne serait pas licitement dérogé réputées inscrites, droit commun” (deed in French)
1 more provision in the deed, see the deed of 19-08-2025

deed of 19-08-2025