Investments
€13,450 113.5 × depreciation
Green is investment, beige is depreciation.
FORCE BUILD
Overview
Lifetime
2 annual accounts with figures on one time axispeak €22,416 (2024)
-€1,296▼ €23,712
lowest -€1,415 (2025)
-€1,415▼ €16,726
peak €18,311 (2024)
€16,895▼ 7.7%
€26,104▲ 60.1%
Board1 name since 2024
1 directorSANDU Stefan Alin
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €22,416 to -€1,296Loss of €1,415Debts from €16,300 to €26,104Cash from €9,796 to €20,949
Key points
from the 2025 annual accountsLiquidity
1.13 was 2.12 in 2024
Short-term debts rose from €16,300 to €26,104.
Starting capital
€3,000 100 shares
2025 accounts filed 24 days after the deadlineTurnover not published (micro format)
Checked score
55
Fair
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 3.6%
05-2025: 3.7%▲ +0.1 percentage points vs 04-2025
06-2025: 3.8%▲ +0.1 percentage points vs 05-2025
07-2025: 4.2%▲ +0.4 percentage points vs 06-2025
08-2025: 4.2%● unchanged vs 07-2025highest value
09-2025: 1.5%▼ -2.7 percentage points vs 08-2025lowest value
10-2025: 1.6%▲ +0.1 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.5%▼ -0.1 percentage points vs 01-2026
03-2026: 1.6%▲ +0.1 percentage points vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.8%▲ +0.1 percentage points vs 06-2026
08-2026: 2.4%▲ +0.6 percentage points vs 07-2026
09-2026: 1.6%▼ -0.8 percentage points vs 08-2026
10-2026: 1.6%● unchanged vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €42,999
lowers risk
Liquidity: current ratio 1.13, cash €20,949
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 47% of them on solvency, 73% on liquidity, 15% on profitability and 27% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,145 companies had the same profile as FORCE BUILD has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FORCE BUILD itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 2,145 companies, not a prediction for FORCE BUILD. 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.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (2.12 in 2024), below the usual 1.5. Short-term debt is 60.7% and cash 48.7% of total assets. 60.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 2 filingsDeviation from the deadline
2025
24 days late
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 27 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007123680
Incorporation
Founding capital of €3,000, 100 shares · Founder: SANDU Stefan Alin (comparant) · Appointment: SANDU Stefan Alin (director) · published on 18-03-2024 · Gazette deed
First establishment
Kruisboogschuttersstraat 24, Vilvoorde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FORCE BUILD Vilvoorde | €42,999 | -€1,296 | 39.3% | - |
| WTE GROUP Zaventem | €41,950 | -€3,815 | -77.8% | - |
| OZTEK Home Grimbergen | €41,472 | -€12,062 | -21.2% | - |
| RENO3000 Lubbeek | €39,257 | -€9,609 | -38.0% | - |
| NT-Travaux Sint-Genesius-Rode | €41,979 | €908 | 3.0% | - |
| BATI-ON Ternat | €41,267 | -€16,579 | 38.6% | - |
| LCTA Tienen | €40,052 | -€10,963 | -49.9% | - |
These companies have the same main activity as FORCE BUILD: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €39,300 and €42,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 14-03-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.357.532.9361800 Vilvoorde, since 14-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- -€1,296
- €1,415
- €16,895▼ 7.7%
- €42,999▲ 24.2%
- Filing
- Filed on 24-08-2026
Insights on FORCE BUILD
The computed 12-month bankruptcy probability of FORCE BUILD is 1.6% (moderate). The 2025 annual accounts show equity of €16,895 and a net result of -€1,415.
Its solvency ranks better than 46% of 9,471 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.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-08-2026, 24 days late-€1,296
▼ €23,712
-€1,415
▼ €22,662
-€1,415
▼ €16,726
€3,458
▼ 81.0%
39.3%
▼ 13.6 percentage points
1.13
▼ 0.98
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €42,999 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
39.3%
Higher than 46% of 9,471 companies in 2025.
1.13
Higher than 29% of 9,219 companies in 2025.
-3.3%
Higher than 19% of 9,291 companies in 2025.
FORCE BUILD
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
42,999 | 34,611 | |
20 |
0 | 106 | |
21/28 |
13,438 | - | |
22/27 |
13,438 | - | |
24 |
13,438 | - | |
29/58 |
29,561 | 34,505 | |
40/41 |
8,613 | 24,709 | |
40 |
7,516 | 17,898 | |
41 |
1,097 | 6,811 | |
54/58 |
20,949 | 9,796 | |
| Balance sheet: equity and liabilities | |||
10/49 |
42,999 | 34,611 | |
10/15 |
16,895 | 18,311 | |
10/11 |
3,000 | 3,000 | |
13 |
15,000 | 15,000 | |
133 |
15,000 | 15,000 | |
14 |
-1,105 | 311 | |
17/49 |
26,104 | 16,300 | |
42/48 |
26,104 | 16,300 | |
44 |
8,816 | 1,496 | |
440/4 |
8,816 | 1,496 | |
45 |
8,288 | 14,805 | |
450/3 |
2,000 | 6,000 | |
454/9 |
6,287 | 8,804 | |
47/48 |
9,000 | - | |
| Income statement | |||
9900 |
-1,296 | 22,416 | |
630 |
119 | 1,169 | |
9901 |
-1,415 | 21,247 | |
75/76B |
174 | 189 | |
75 |
174 | 189 | |
65/66B |
175 | 125 | |
65 |
175 | 125 | |
9903 |
-1,415 | 21,311 | |
67/77 |
- | 6,000 | |
9904 |
-1,415 | 15,311 | |
9905 |
-1,415 | 15,311 | |
| Appropriation of the result | |||
9906 |
-1,105 | 15,311 | |
14P |
311 | - | |
691/2 |
- | 15,000 | |
6921 |
- | 15,000 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416839.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -1,296 | 22,416 | ||
| -1,297 | 16,479 | ||
| 13,450 | - | ||
| 11,153 | - | ||
| 3,458 | 18,204 | ||
| 39.3% | 52.9% | ||
| 1.13 | 2.12 | ||
| 1.55 | 0.89 | ||
| -8.4% | 83.6% | ||
| -3.3% | 44.2% | ||
| -7.43 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €13,450 | - |
| €119 | €1,169 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on FORCE BUILD
The operating result for 2025 is a loss of €1,415, after a profit of €21,247 in 2024.
Debt's share of the balance-sheet total rises from 47.1% to 60.7%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 14-03-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 24-08-2026
Mandates through the years
1 name, the dashed line is todaySANDU Stefan Alin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SANDU Stefan Alin
- Director (not named in the articles), from 14-03-2024 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €169 in 2025
- Source
- deed of 18-03-2024
Articles of association
deed of 18-03-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 19:00
- 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
Shareholders
At incorporation
deed of 18-03-2024 ↗
- SANDU Stefan Alin 100 shares (100%) · €3,000 in cash
Network & group
No group
FORCE BUILD has no parent and no holdings in its annual accounts. SANDU Stefan Alin is the only director. FORCE BUILD shares no director with another company.
At the same address
Kruisboogschuttersstraat 24, 1800 Vilvoorde · 1 other company| ARVEX CONSTRUCTION
registered office since 02-10-2026 |
founded in 2026 1043.489.772 |
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 24 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007123680
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: SANDU Stefan Alin (comparant) · Appointment: SANDU Stefan Alin (director) · published on 18-03-20244 points ▸
- Founder, SANDU Stefan Alin (comparant)
- Founding capital, €3,000, 100 shares
- Registered office clause, Kruisboogschuttersstraat 24, 1800 Vilvoorde
- Director appointment, SANDU Stefan Alin (director (not named in the articles))
- The deed holds 6 more points.
First establishment Kruisboogschuttersstraat 24, Vilvoorde
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 14 March 2024, FORCE BUILD was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 SANDU Stefan Alin has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1007.123.680
- VAT number
- BE 1007.123.680
- Peppol ID
- 0208:1007123680
- Other Peppol ID
- 9925:BE1007123680
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-03-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 19:00deed of 18-03-2024 (in Dutch)
- Peppol
- Reachable since 02-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FORCE BUILD in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-03-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 18-03-2024 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43320
Joinery installation
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43320
Joinery installation
49410
Road freight transport
81210
General cleaning of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het algemene bouwbedrijf,elke activiteit in de bouw,metselwerk,renovatie,timmerwerk,schilderwerk,elektriciteit,dakbedekking,installatie van…”deed of 18-03-2024 (in Dutch)
14 activities
- Het algemene bouwbedrijf,elke activiteit in de bouw,metselwerk,renovatie,timmerwerk,schilderwerk,elektriciteit,dakbedekking,installatie van dekvloeren van elk type,tegels en plaatsing van scheidingswanden in gyproc
- Alle werkzaamheden die direct of indirect verband houden met onderhoud,renovatie,reparatie,verfraaiing,vernieuwing en modernisering en onderhoud van alle soorten constructies,onroerend goed en meer in het algemeen alle werkzaamheden die direct of indirect verband houden met de openbare en particuliere werken en bouwsector
- Uitvoering van binnen – en buitendecoraties
- Plaatsing,installatie en reparatie van zowel particuliere als professionele gebouwen,evenals loodgieterij voor sanitair
- Elke activiteit met betrekking tot het tuinbedrijf en,in het algemeen,elke activiteit met betrekking tot tuinieren,land- en tuinbouw
- Alle materialen,goederen,apparaten en gereedschappen die nodig zijn voor de bouw,onderhoud,reparatie,onderhoud en vernieuwing van structuren en gebouwen
- Alle elektrische en elektronische apparatuur,sanitair en loodgieterij
- Alle tuinbouwartikelen zoals bloemen,planten,tuinartikelen,landschapsarchitectuur en onderhoud van tuinen en kwekerijen
- Personen-,goederen- en koopwarentransport over land,alle activiteiten met betrekking tot de organisatie en het vervoer te water of in de lucht,alsook het vervoer van geïmporteerde handelsgoederen
- Alle koerier- en snel postdiensten,alsook het beheer binnen deze domeinen
- Uitbating van een taxibedrijf,het vervoer van personen per taxi’s,schoolbussen,shuttles naar de luchthaven en treinstations,personenvervoer per incidentele of gewone wegen,enz.,verhuur van parkeerplaatsen voor gemotoriseerde voertuigen(parking)
- Uitbating van verhuurdiensten van limousines,auto’s met chauffeur en taxibedrijven,alsook de verhuur van alle soorten voertuigen
- Alle activiteiten van betaald personenvervoer of de verhuur van voertuigen met chauffeur
- De aan- en verkoop,evenals het beheer van onroerend goed met het oog op vermogensbeheer
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kruisboogschuttersstraat 24 registered office 1800 Vilvoorde | 14-03-2024 | 2.357.532.936 |
Buildings and parcels at the address
- Ground area
- 119 m²
- Buildings
- 94 m²
- Volume, LiDAR
- 501 m³
- Tallest building
- 10.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23642D0784/00D004 | 119 m² | 1 · 94 m² | 10.7 m · 1 |
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 1007.123.680