CONSTANTIN CONSTRUCT
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of CONSTANTIN CONSTRUCT is 5.2% (elevated). The 2025 annual accounts show equity of €45,154 and a net result of €11,156. Its solvency ranks better than 92% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 04-03-2024 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.356.473.359 8840 Staden, since 04-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.2%
- Gross margin
- €13,945
- ▲ 179%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €11,156
- ▲ 179%
- Equity
- €45,154
- ▲ 32.8%
- Total assets
- €52,579
- ▲ 47.3%
Score breakdownraises riskFounded in 2024Size: total assets €52,579Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 7.08Show the evidence
Checked score
About 5 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 41, micro). It does better than 92% of them on solvency, 94% on liquidity, 75% on profitability and 72% on growth.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 46 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 41 days after the deadline Filed on 10 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00511404.
Annual accounts 2025 filed on 10-09-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 179% higher than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as CONSTANTIN CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €49,200 and €64,600, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| CONSTANTIN CONSTRUCT Staden | 2024 | €52,579 | €45,154 | €13,945 | - | €11,156 | 2025 |
| RBR Izegem | 2023 | €55,468 | €19,724 | €12,266 | - | €3,395 | 2025 |
| Eli's House Brugge | 2023 | €57,115 | €18,011 | €15,372 | €402,360 | €9,062 | 2025 |
| HP-Building Wevelgem | 2024 | €64,641 | €20,402 | €14,831 | - | €10,402 | 2025 |
| ALGEMENE BOUWWERKEN STAELEN Poperinge | 2024 | €62,612 | €20,642 | €16,702 | - | €6,810 | 2025 |
| MAISON CÉLESTE Dilsen-Stokkem | 2024 | €49,216 | €11,120 | €14,683 | - | €9,120 | 2025 |
| RENOVATE PRO Sint-Pieters-Leeuw | 2024 | €52,907 | €17,251 | €13,282 | - | €3,891 | 2025 |
They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as CONSTANTIN CONSTRUCT 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
The bankruptcy probability of CONSTANTIN CONSTRUCT itself is higher: 5.2% within 12 months. It rests on far more data about CONSTANTIN CONSTRUCT than the profile alone.
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 CONSTANTIN 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | €4,998 | €13,945 | ▲ 179% |
| Operating profit (loss)9901 | €4,998 | €13,945 | ▲ 179% |
| Profit (loss) for the period before taxes9903 | €4,998 | €13,945 | ▲ 179% |
| Income taxes67/77 | €1,000 | €2,789 | ▲ 179% |
| Profit (loss) for the period9904 | €3,998 | €11,156 | ▲ 179% |
| Profit (loss) for the period to be appropriated9905 | €3,998 | €11,156 | ▲ 179% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €35,683 | €52,579 | ▲ 47.3% |
| Current assets29/58 | €35,683 | €52,579 | ▲ 47.3% |
| Amounts receivable within one year40/41 | €35,683 | €52,579 | ▲ 47.3% |
| Other amounts receivable41 | €35,683 | €52,579 | ▲ 47.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €35,683 | €52,579 | ▲ 47.3% |
| Equity10/15 | €33,998 | €45,154 | ▲ 32.8% |
| Contributions10/11 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €3,998 | €15,154 | ▲ 279% |
| Amounts payable17/49 | €1,685 | €7,425 | ▲ 341% |
| Amounts payable within one year42/48 | €1,685 | €7,425 | ▲ 341% |
| Trade debts44 | €685 | €3,636 | ▲ 431% |
| Suppliers440/4 | €685 | €3,636 | ▲ 431% |
| Taxes, remuneration and social security45 | €1,000 | €3,789 | ▲ 279% |
| Taxes450/3 | €1,000 | €3,789 | ▲ 279% |
Board & ownership
Directors
Owners and capital
Shareholders
- PÎSLARIU Constantin 100 shares (100%) · €30,000
Capital transactions
- 06-03-2024 Incorporation · €30,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “10, benoemd met of zonder beperking van duur,hoedanigheid statutair bestuurder mogelijk indien benoemd in statuten”“12, geboekt op algemene kosten los van eventuele representatie- reis- en verplaatsingskosten”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meer…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Ten minste vijftien dagen, naar evenredigheid van het aantal aandelen dat zij bezitten”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, ontbinding”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd”
Articles of association, deed of 06-03-2024 (in Dutch)
Network & group
CONSTANTIN CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CONSTANTIN CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-03
Gazette deed
IncorporationAppointment: PÎSLARIU Constantin (director) · Founder · Founding capital7 points ▸
- Founder, PÎSLARIU Constantin
- Incorporation, “CONSTANTIN CONSTRUCT” (deed in Dutch)
- Founding capital, €30,000
- Registered office clause, “8840 Staden, Kerkhofblommenstraat (STA) 23” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, PÎSLARIU Constantin (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 4 March 2024, CONSTANTIN CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €30,000.12 PÎSLARIU Constantin is director of the company, appointed in the act of 06-03-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing 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 1006.710.441
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36019A0820/00D000 | Flanders | 1,075 m² | 1 · 111 m² | 8.1 m · 2 |