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EXTREM CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsVan Kalckstraat 38, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1005.097.172
Summary

EXTREM CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,156 and a net result of €37,156. Its solvency ranks better than 80% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Insulation installation
NACE 43230
1 site
Size
€284,807turnover 2025
Staff
≈ 0 FTE, estimated
Equity
€37,156
Profit
€37,156
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
  • IZMAN IlieDirector
2025 accounts filed 23 days late
Why 71raises riskSize: turnover €284,807, total assets €49,710Founded in 2024lowers riskLiquidity: current ratio 3.96, cash €22,056Equity €37,156 (74.7% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 87% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 100
equity 74.7% of total assets
Liquidity 90
short-term debt 25.3% · cash 44.4%
Profitability 100
return on assets 74.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 02-2025: 2.0% 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.4%▲ +0.4 percentage points vs 04-2025 06-2025: 2.5%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.3 percentage points vs 06-2025 08-2025: 2.8%● unchanged vs 07-2025 09-2025: 3.1%▲ +0.3 percentage points vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.0%▼ -0.1 percentage points vs 10-2025 12-2025: 3.3%▲ +0.3 percentage points vs 11-2025 01-2026: 3.4%▲ +0.1 percentage points vs 12-2025 02-2026: 3.5%▲ +0.1 percentage points vs 01-2026highest value 03-2026: 3.5%● unchanged vs 02-2026highest value 04-2026: 0.8%▼ -2.7 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 3.96, above the usual 1.5; short-term debt: 25.3% and cash: 44.4% of total assets), and 25.3% 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 43, micro): better than 81% on solvency, 88% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 28-10-2026 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).

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Signals

Five signals.
lowers riskraises risk
raises risk · Size: turnover €284,807, total assets €49,710
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.96, cash €22,056
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €37,156 (74.7% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 23 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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
23 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: IZMAN Ilie (sole director)…

Financials · financial year 2025, micro format

2025 annual accounts filed late (23 days) Filed on 23 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00048503.

Turnover
€284,807
EBIT margin
16.8%
Net result
€37,156
Working capital
€37,156
Balance-sheet composition
Equity and liabilities €49,710
Equity €37,156
Debt €12,554
Debt finances 25.3% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
3.96
Debt to equity
0.34
ROE
100.0%
ROA
74.7%
Debt ≤ 1 year
€12,554
Income taxes
€9,422
Staff costs
€827

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 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%

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 39,278 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€49,710
Current assets29/58€49,710
Amounts receivable within one year40/41€27,654
Trade receivables40€24,735
Other amounts receivable41€2,919
Cash at bank and in hand54/58€22,056
Equity and liabilities
Total equity and liabilities10/49€49,710
Equity10/15€37,156
Profit (loss) carried forward14€37,156
Amounts payable17/49€12,554
Amounts payable within one year42/48€12,554
Trade debts44€2,542
Suppliers440/4€2,122
Bills of exchange payable441€419
Taxes, remuneration and social security45€10,012
Taxes450/3€10,012
Income statement Code2025
Turnover70€284,807
Goods, raw materials, services and sundry goods60/61€235,809
Remuneration, social security and pensions62€827
Other operating charges640/8€236
Gross operating margin9900€48,998
Operating profit (loss)9901€47,934
Financial charges65/66B€1,356
Recurring financial charges65€1,356
Profit (loss) for the period before taxes9903€46,578
Income taxes67/77€9,422
Profit (loss) for the period9904€37,156
Profit (loss) for the period to be appropriated9905€37,156
Appropriation of the result
Profit (loss) to be appropriated9906€37,156
Line2025
Turnover70€284,807
Goods, raw materials, services and sundry goods60/61€235,809
Remuneration, social security and pensions62€827
Other operating charges640/8€236
Gross operating margin9900€48,998
Operating profit (loss)9901€47,934
Financial charges65/66B€1,356
Recurring financial charges65€1,356
Profit (loss) for the period before taxes9903€46,578
Income taxes67/77€9,422
Profit (loss) for the period9904€37,156
Profit (loss) for the period to be appropriated9905€37,156
Line2025
Assets
Total assets20/58€49,710
Current assets29/58€49,710
Amounts receivable within one year40/41€27,654
Trade receivables40€24,735
Other amounts receivable41€2,919
Cash at bank and in hand54/58€22,056
Equity and liabilities
Total equity and liabilities10/49€49,710
Equity10/15€37,156
Profit (loss) carried forward14€37,156
Amounts payable17/49€12,554
Amounts payable within one year42/48€12,554
Trade debts44€2,542
Suppliers440/4€2,122
Bills of exchange payable441€419
Taxes, remuneration and social security45€10,012
Taxes450/3€10,012
Line2025
Profit (loss) for the period9904€37,156
Operating cash flow (approximation)€37,156

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
30-06-2025 micro format 23-02-2026 2026-00048503

Similar companies · same sector, comparable size

Of the 4,216 active companies whose main activity is insulation installation (NACE 43230), figures are known for 1,270. 1,009 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
1 director, no change since 2024
IZMAN Ilie
Sole director · since 25-01-2024
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

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
IZMAN Ilie
  • Sole director, from 25-01-2024 to date
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 25-01-2024 ↗

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

Capital over the years
  1. 25-01-2024 Incorporation · €4,000

Group and network

Connections & network

1 current director
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 23 January 2024, EXTREM CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €4,000.12 IZMAN Ilie has served as sole director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-01-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
23-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 23 days late
2024
25-01
Gazette deed Incorporation
Appointment: IZMAN Ilie (sole director) · Founder · Founding capital5 facts ▸
  • Incorporation, 19-01-2024
  • Founder, IZMAN Ilie (fondateur unique)
  • Founding capital, €4,000
  • Shareholding, 19-01-2024, EUR
  • Director appointment, IZMAN Ilie (sole director)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded23-01-2024
Financial year end30-06
Activities, NACEBEL 2025
43230Insulation installation
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
81210General cleaning of buildings
Contact
Phone +32485993537
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005097172
Registered 22-12-2025

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

Register as of 29 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 1005.097.172

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

Sites & property

Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
415 m²
Building footprint
328 m²
Building volume
5,518 m³
Parcel 21524C0270/00S000, Brussels · tallest building 19.9 m. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
EXTREM CONSTRUCT
Van Kalckstraat 38, 1080 Sint-Jans-MolenbeekInsulation installation
since 2024unit no. 2.354.890.378
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21524C0270/00S000 Brussels 415 m² 1 · 328 m² 19.9 m · 6
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.
“L’installation, l’entretien et la réparation de systèmes de panneaux solaires ou autres sources alternatives d’énergie; Tous travaux…” (deed in French)
43 activities (deed in French)
  1. L’installation, l’entretien et la réparation de systèmes de panneaux solaires ou autres sources alternatives d’énergie
  2. Tous travaux d’isolation, tant thermique qu’acoustique et antivibratile
  3. L’installation, l’entretien et la réparation de systèmes d’alarme et de surveillance
  4. Tous les autres travaux d’installation non-citées ailleurs, y compris l’installation d’accessoires et les travaux d’installation générale
  5. Les travaux de finition, y compris la plâtrerie, la menuiserie, les cloisons sèches, le revêtement des sols et des murs, la pose de revêtements en bois, la pose de papier peints et de revêtements de murs et de sols en d’autres matériaux et de travaux de vitrerie, ainsi que l’installation de stores et de bannes
  6. Tous autres travaux de finition, y compris le nettoyage de nouveaux bâtiments après leur construction
  7. Les activités combinées de soutien lié aux bâtiments
  8. L’installation d’antennes d’immeubles et paratonnerres
  9. La fabrication d’ouvrages en béton, en ciment ou en plâtre
  10. La taille, le façonnage et le finissage de pierre
  11. La fabrication d’éléments en métal pour la construction
  12. Le traitement, manipulation et revêtement des métaux
  13. L’installation et l’exploitation d’échafaudages, de plateformes de travail et d’installations d’ascenseurs mobiles
  14. L’entretien et le nettoyage des égouts et des canalisations
  15. Le nettoyage et le débouchage de tuyaux d’écoulement dans des bâtiments
  16. L’assainissement et le nettoyage de bâtiments, de sites miniers, de sols ou d’eaux souterraines contaminées, y compris le désamiantage
  17. Le nettoyage courant des parties intérieures de bâtiments, y compris le nettoyage domestique et l’aide-ménagère, rémunérés avec titres-services ou non
  18. Les activités de nettoyage spécialisé de bâtiments, y compris le nettoyage industriel
  19. Les activités de décoration d’intérieur
  20. Les services d’aménagement paysager, y compris la plantation, les soins et l’entretien de parcs et jardins pour tous types de bâtiments, terrains municipaux et verdure bordant les voies de communication, ainsi que les terrains de sport
  21. L’exploitation forestière
  22. La promotion immobilière de bâtiments résidentiels et non-résidentiels
  23. La location et la location-bail de machines et d’équipements pour la construction
  24. La location, le leasing et le renting de tous véhicules motorisés
  25. L’achat, la vente, l’importation et l’exportation de tous véhicules motorisés, neufs ou d’occasion, ainsi que d’accessoires et pièces détachées
  26. L’entretien et la réparation de véhicules motorisés
  27. Le transport routier et l’entreposage de fret
  28. Les services de déménagement
  29. Les transports urbains et suburbains de voyageurs
  30. La distribution et la livraison du courrier et des colis
  31. Tous services administratifs de bureau et autres activités de soutien aux entreprises
  32. Toutes activités de conseil pour les affaires et autres conseils de gestion
  33. Tous types de commerce, l'importation et l'exportation de tous articles et produits négociables, y compris le commerce de détail alimentaire en magasin spécialisé ou non-spécialisé
  34. Le commerce de détail sur éventaires et marchés
  35. Toutes activités d’une société de patrimoine, y compris celles des marchands de biens et la location et l’exploitation de biens immobiliers propres ou loués, ainsi que le lotissement foncier et l’aménagement et le remembrement de zones rurales
  36. Toutes activités d’une société de management, y compris l’exercice de mandats d’administrateur et de liquidateur dans d’autres personnes morales
  37. Toutes activités des sociétés holding, y compris l’acquisition, la gestion et la vente, pour son compte propre exclusivement, de tous placements, titres et effets financiers, tant à court terme, qu’à moyen ou long terme
  38. Toutes activités de marketing et de publicité, ainsi que l’exploitation de bureaux de publicité et de droits intellectuels et d’auteur de toute nature
  39. La société peut agir en tant que conseil dans tous les domaines précités et faire de la prospection
  40. Elle peut, d’une façon générale, accomplir toutes opérations industrielles, civiles, commerciales, financières, mobilières, immobilières et intellectuelles se rapportant directement ou indirectement en tout ou en partie, à son objet social ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, sa réalisation, y compris la sous-traitance et l'exploitation de tous droits intellectuels et de propriété industrielle ou commerciale y relatifs
  41. Elle peut s'approprier, donner ou prendre en location, ériger, aliéner ou échanger tous biens meubles et immeubles d'exploitation ou d'équipement
  42. Elle peut acquérir à titre d'investissement tous biens meubles ou immeubles, même sans rapport direct ou indirect avec l'objet de la société
  43. Elle peut constituer toutes garanties personnelles et réelles pour garantir l’exécution d’engagements propres et engagements de tiers

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.
EXTREM CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Bruxelles-Capitale, rue Van Kalck 38 boîte 16, 1080 Bruxelles (Molenbeek-Saint-Jean)” (deed in French)

deed of 25-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“Fixés par l'assemblée en cas de pluralité, nommés avec ou sans limitation de durée” (deed in French)

deed of 25-01-2024

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Moitié du bénéfice annuel net aux réserves, moitié distribuée si conditions légales remplies, chaque action confère un droit égal dans la…” (deed in French)

deed of 25-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of December at 18:00
Meeting accessWho may attend the meeting and what is needed to be admitted.
One provision in the deed
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Procuration écrite à toute autre personne, actionnaire ou non, par tout moyen de transmission, majorité des voix, quel que soit le nombre de…” (deed in French)

deed of 25-01-2024

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

Liquidation distribution: “Biens conservés remis pour être partagés dans la même proportion, après apurement dettes, charges et frais de liquidation ou consignation…” (deed in French)

deed of 25-01-2024