ERRENSKA 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 ERRENSKA CONSTRUCT is 10.4% (high). The 2024 annual accounts show equity of €13,222 and a net result of €13,173. Its solvency ranks better than 36% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 07-06-2023 Normal situation
- Registered office
- 52 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- General construction of other non-residential buildings NACE 41003and 5 others
- Establishment unit
- 2.351.160.234 since 07-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 10.4%
- Gross margin
- €16,570
- ▲ 177×
- Turnover
- ≈ €200,000
- estimated
- Profit
- €13,173
- ▲ 275×
- Equity
- €13,222
- ▲ 270×
- Total assets
- €45,893
- ▲ 149%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2023Figures for financial year 2024 (filed on 18-04-2025)Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
About 1 in 10 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 36% of them on solvency, 11% on liquidity, 91% on profitability and 99% 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 44 days before 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 (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024 filed on 18-04-2025 PDF all 2 filings
2023 to 2024, 2 financial years
The operating result for 2024 is 177 times that of 2023.
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 ERRENSKA CONSTRUCT: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €37,000 and €51,200, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| ERRENSKA CONSTRUCT Leuven | 2023 | €45,893 | €13,222 | €16,570 | - | €13,173 | 2024 |
| ASLP CONSTRUCT Sint-Pieters-Leeuw | 2023 | €36,959 | €15,010 | €12,627 | - | €3,002 | 2025 |
| CIPALL RENOVATION Sint-Pieters-Leeuw | 2023 | €50,617 | €10,138 | €12,665 | €126,098 | €3,498 | 2025 |
| PROJECTS P+ Kasterlee | 2023 | €51,193 | €1,751 | €17,942 | - | €5,134 | 2025 |
| AZH SERVICES Asse | 2022 | €38,826 | €15,992 | €17,666 | €83,914 | €9,860 | 2025 |
| VAS BUILD Sint-Pieters-Leeuw | 2022 | €40,974 | €24,444 | €21,503 | - | €13,133 | 2025 |
| DANYSUSY CONSTRUCTION Sint-Pieters-Leeuw | 2023 | €40,807 | €21,972 | €25,116 | - | €19,472 | 2024 |
They were chosen from the 1,026 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, 7,976 companies had the same profile as ERRENSKA CONSTRUCT has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ERRENSKA CONSTRUCT itself is higher: 10.4% within 12 months. It rests on far more data about ERRENSKA 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 7,976 companies, not a prediction for ERRENSKA 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Gross operating margin9900 | €94 | €16,570 | ▲ 177× |
| Operating profit (loss)9901 | €94 | €16,570 | ▲ 177× |
| Financial income75/76B | - | €9 | - |
| Recurring financial income75 | - | €9 | - |
| Financial charges65/66B | €30 | €113 | ▲ 278% |
| Recurring financial charges65 | €30 | €113 | ▲ 278% |
| Profit (loss) for the period before taxes9903 | €64 | €16,467 | ▲ 258× |
| Income taxes67/77 | €16 | €3,293 | ▲ 206× |
| Profit (loss) for the period9904 | €48 | €13,173 | ▲ 275× |
| Profit (loss) for the period to be appropriated9905 | €48 | €13,173 | ▲ 275× |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €18,440 | €45,893 | ▲ 149% |
| Fixed assets21/28 | - | €3,063 | - |
| Financial fixed assets28 | - | €3,063 | - |
| Current assets29/58 | €18,440 | €42,830 | ▲ 132% |
| Amounts receivable within one year40/41 | €327 | €42,459 | ▲ 130× |
| Trade receivables40 | - | €38,939 | - |
| Other amounts receivable41 | €327 | €3,520 | ▲ 976% |
| Cash at bank and in hand54/58 | €18,113 | €371 | ▼ 98.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €18,440 | €45,893 | ▲ 149% |
| Equity10/15 | €49 | €13,222 | ▲ 270× |
| Contributions10/11 | €1 | €1 | = |
| Profit (loss) carried forward14 | €48 | €13,221 | ▲ 276× |
| Amounts payable17/49 | €18,391 | €32,670 | ▲ 77.6% |
| Amounts payable within one year42/48 | €18,391 | €32,670 | ▲ 77.6% |
| Trade debts44 | €1,768 | €29,361 | ▲ 17× |
| Suppliers440/4 | €1,768 | €29,361 | ▲ 17× |
| Advances received on contracts in progress46 | €16,000 | - | - |
| Taxes, remuneration and social security45 | €16 | €3,309 | ▲ 207× |
| Taxes450/3 | €16 | €3,309 | ▲ 207× |
| Other amounts payable47/48 | €608 | - | - |
Board & ownership
Directors
Owners and capital
Shareholders
- TYMINSKA Renata 100 shares (100%) · in cash
Capital transactions
- 09-06-2023 Incorporation · €1 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal, duur opdracht en bij meerdere bestuurders bevoegdheid, 1”
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 met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Met inachtneming vereisten statutenwijziging, beslissing algemene vergadering”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan bevoegdheden te…”
Articles of association, deed of 09-06-2023 (in Dutch)
Network & group
ERRENSKA CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ERRENSKA CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-03
Gazette deed
Registered office · Amendment of the articles · MiscellaneousIncorporation · Registered-office move · Power of attorney5 points ▸
- General meeting, 27-02-2025
- Incorporation, 05-06-2023
- Other provision, “eerdere statutenwijzigingen” (deed in Dutch)
- Registered-office move, 3000 Leuven, Martelarenplein 20E
- Power of attorney, Roxane NOTARPIETRO
09-06
Gazette deed
IncorporationAppointment: TYMINSKA Renata (director) · Founder · Founding capital6 points ▸
- Director appointment, TYMINSKA Renata (director)
- Other provision, “uitreiking vóór registratie, artikel 173,1°bis Wetboek registratierechten” (deed in Dutch)
- Founder, TYMINSKA Renata
- Incorporation, 05-06-2023
- Founding capital, €1
- TYMINSKA Renata holds 100 shares
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
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 0802.489.215
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24062H0036/00L013 | Flanders | 4.6 ha | 1 · 1,320 m² | 22.3 m · 5 |
| 41342B0933/00H000 | Flanders | 3,635 m² | 1 · 798 m² | 26.0 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.