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GENERAL RED CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsSteenweg op Ruisbroek 257, 1620 Drogenbos, Belgium262 active companies are registered at this addressKBO/BCE: BE 1014.684.534
Summary

The computed 12-month bankruptcy probability of GENERAL RED CONSTRUCT is 7.2% (elevated). The 2025 annual accounts show equity of €78,185 and a net result of €74,685. Its solvency ranks better than 29% of 9,288 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

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€338,323total assets 2025
Equity
€78,185
Profit
€74,685
Turnover not published (micro format)
Financial health
35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.2%
Structure
Accounts filed 74 days late
Why 35raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2024Latest accounts 74 days late; 1 of the last 3 lateLiquidity: current ratio 3.05, cash €2Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 47% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 48
equity 23.1% of total assets
Liquidity 36
short-term debt 32.6% · cash 0.0%
Profitability 96
return on assets 22.1%
Bankruptcy probability, 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,431 companies, NACE 41, micro)
Last 24 months 11-2025: 3.6%lowest value 12-2025: 3.7%▲ +0.1 percentage points vs 11-2025 01-2026: 4.1%▲ +0.4 percentage points vs 12-2025 02-2026: 4.2%▲ +0.1 percentage points vs 01-2026 03-2026: 4.6%▲ +0.4 percentage points vs 02-2026 04-2026: 4.6%● unchanged vs 03-2026 05-2026: 5.0%▲ +0.4 percentage points vs 04-2026 06-2026: 5.0%● unchanged vs 05-2026 07-2026: 4.8%▼ -0.2 percentage points vs 06-2026 08-2026: 4.8%● unchanged vs 07-2026 09-2026: 5.3%▲ +0.5 percentage points vs 08-2026 10-2026: 7.2%▲ +1.9 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 3.05, above the usual 1.5; short-term debt: 32.6% and cash: 0% of total assets), but 76.9% 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 30% on solvency, 31% on liquidity and 80% on profitability.

The bankruptcy probability was computed on 22-10-2026 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.
raises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
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
raises risk · Latest accounts 74 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 3.05, cash €2
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 13-10-2026, 74 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
74 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. Resignation: ROSU Stefan (director)Appointment: ROSU Gherghina Madalina (director)
  3. IncorporationAppointment: ROSU Stefan (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (74 days) Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00555329.

Equity
€78,185
Total assets
€338,323
Net result
€74,685
Working capital
€226,143

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

Balance-sheet composition
Assets €338,323
Fixed assets €2,042
Current assets €336,280
Equity and liabilities €338,323
Equity €78,185
Debt €260,138
Debt finances 76.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€104,652
Cash flow
€77,866
Current ratio
3.05
Debt to equity
3.33
ROE
95.5%
ROA
22.1%
Interest coverage
over 100
Debt ≤ 1 year
€110,138
Income taxes
€26,752

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.2% 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 7,976 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€338,323
Fixed assets21/28€2,042
Tangible fixed assets22/27€2,042
Furniture and vehicles24€2,042
Current assets29/58€336,280
Amounts receivable within one year40/41€336,279
Other amounts receivable41€336,279
Cash at bank and in hand54/58€2
Equity and liabilities
Total equity and liabilities10/49€338,323
Equity10/15€78,185
Contributions10/11€3,500
Reserves13€350
Distributable reserves133€350
Profit (loss) carried forward14€74,335
Amounts payable17/49€260,138
Amounts payable within one year42/48€110,138
Trade debts44€10,967
Suppliers440/4€10,967
Advances received on contracts in progress46€72,419
Taxes, remuneration and social security45€26,752
Taxes450/3€26,752
Accrued charges and deferred income492/3€150,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,181
Other operating charges640/8€159
Gross operating margin9900€104,812
Operating profit (loss)9901€101,471
Financial income75/76B€32
Recurring financial income75€32
Financial charges65/66B€66
Recurring financial charges65€66
Profit (loss) for the period before taxes9903€101,437
Income taxes67/77€26,752
Profit (loss) for the period9904€74,685
Profit (loss) for the period to be appropriated9905€74,685
Appropriation of the result
Profit (loss) to be appropriated9906€74,685
Transfer to equity691/2€350
To other reserves6921€350

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,181
Other operating charges640/8€159
Gross operating margin9900€104,812
Operating profit (loss)9901€101,471
Financial income75/76B€32
Recurring financial income75€32
Financial charges65/66B€66
Recurring financial charges65€66
Profit (loss) for the period before taxes9903€101,437
Income taxes67/77€26,752
Profit (loss) for the period9904€74,685
Profit (loss) for the period to be appropriated9905€74,685
Line2025
Assets
Total assets20/58€338,323
Fixed assets21/28€2,042
Tangible fixed assets22/27€2,042
Furniture and vehicles24€2,042
Current assets29/58€336,280
Amounts receivable within one year40/41€336,279
Other amounts receivable41€336,279
Cash at bank and in hand54/58€2
Equity and liabilities
Total equity and liabilities10/49€338,323
Equity10/15€78,185
Contributions10/11€3,500
Reserves13€350
Distributable reserves133€350
Profit (loss) carried forward14€74,335
Amounts payable17/49€260,138
Amounts payable within one year42/48€110,138
Trade debts44€10,967
Suppliers440/4€10,967
Advances received on contracts in progress46€72,419
Taxes, remuneration and social security45€26,752
Taxes450/3€26,752
Accrued charges and deferred income492/3€150,000
Line2025
Profit (loss) for the period9904€74,685
+ Depreciation and write-downs630€3,181
Operating cash flow (approximation)€77,866

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 13-10-2026 2026-00555329

Similar companies · same sector, comparable size

Of the 29,213 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 13,318 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 2025
ROSU Gherghina Madalina
Director · since 31-03-2025
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

2 people since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ROSU Gherghina Madalina
  • Director, from 31-03-2025 to date
ROSU Stefan
  • Director (not named in the articles), from 27-09-2024 to 23-05-2025
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 08-10-2024 ↗

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

Capital over the years
  1. 08-10-2024 Incorporation · 100 shares

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 4 October 2024, GENERAL RED CONSTRUCT was incorporated as a private limited company by one natural person.12 ROSU Gherghina Madalina has served as director of the company since 2025.3 The company has filed annual accounts once, for financial year 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-10-2024
  3. 3Belgian Official Gazette, 23-05-2025
  4. 4National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
13-10
NBB filing Annual accounts filed
financial year 2025 · micro format · 74 days late
2025
23-05
Gazette deed Resignation: ROSU Stefan (director)
Appointment: ROSU Gherghina Madalina (director)3 facts ▸
  • General meeting, 13-05-2025
  • Director resignation, ROSU Stefan (director)
  • Director appointment, ROSU Gherghina Madalina (director)
2024
08-10
Gazette deed Incorporation
Appointment: ROSU Stefan (director) · Founding capital · Registered office clause6 facts ▸
  • Incorporation, 27-09-2024
  • Founding capital
  • Registered office clause, “1620 Drogenbos, Steenweg op Ruisbroek”, 257 (deed in Dutch)
  • Director appointment, ROSU Stefan (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, all commitments and obligations arising therefrom, and all activities undertaken since 1 June 2024 by the comparant in the name and on behalf of the c…” (deed in Dutch)
  • Power of attorney
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded04-10-2024
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014684534
Also 9925:BE1014684534
Registered 25-09-2026

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

Register as of 22 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 1014.684.534

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

Sites & property

Location & real-estate footprint
Registered office, Drogenbos · 1 establishment unit since 2024
registered office establishment approximate The establishment unit on the map
Ground area
8,191 m²
Building footprint
4,961 m²
Building volume
35,084 m³
2 parcels, Flanders, Wallonia · tallest building 12.9 m. Linked by address, not a title deed.
262 companies at this address See who is registered here
1 establishment unit
GENERAL RED CONSTRUCT
Rue Malakoff(THI) 28, 6230 Pont-à-CellesGeneral construction of residential buildings
since 2024unit no. 2.365.066.767
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
22001B0038/00K000 Flanders 7,925 m² 1 · 4,905 m² 12.9 m · 2
52065B0586/00A000indicative Wallonia 266 m² 1 · 56 m² 12.1 m · 3
How the parcels are linked
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle activiteiten die direct of indirect verband houden met het onderhoud, de renovatie, reparatie, verfraaiing, vernieuwing en de…” (deed in Dutch)
16 activities (deed in Dutch)
  1. Alle activiteiten die direct of indirect verband houden met het onderhoud, de renovatie, reparatie, verfraaiing, vernieuwing en de modernisering van alle soorten kunstwerken, onroerende goederen, huizen, appartementen, bedrijven, industriële gebouwen, loodsen, schuren, silo’s en meer in het algemeen alle handelingen die direct of indirect verband houden met publieke en private werken en de bouwsector. De aanleg en het onderhoud van tuinen, parken, sportvelden, zwembaden, wegen, paden, hekken en afsluitingen;
  2. Alle activiteiten van algemene aannemer, de studie en realisatie van alle bouwwerken, openbaar en particulier, sleutel-op-deur of andere, de installatie en het onderhoud van metselwerk, bakstenen, betonwerken, zink,… als algemene aannemer of onderaannemer, het ontwerp en de bouw van alle gebouwen , de renovatie, sloop, bouw en verbouwing van gebouwen, de uitvoering van alle installatie- en reparatiewerkzaamheden, sanitair, elektrisch, centrale verwarming, rioolontstopping, hydraulisch, grondwerken, drainage, het leggen van kabels, diverse leidingen en metalen versterkingen, verbindingen, verven (binnen-buiten), wand- en vloerbedekkingen, gevel, plafond, inlijsting, timmerwerk en metaalschrijnwerk, …..muurstrippen, akoestische, thermische en koelingsisolatie, reiniging en onderhoud van gebouwen, ramen en kantoren, de installatie van sierschoorstenen of andere marmer of sierversieringen, het plaatsen van sloten en ijzerwaren, deuren, ramen, plastieken plinten, het leggen van parket vloeren en alle houtbedekkingen, het vegen van schoorstenen, de plaatsing van elektrische apparatuur, alarm- en bewakingssystemen, de installatie van verwarming, airconditioning, koel- en ventilatiesystemen, de bouw van tanks, metalen constructies, de installatie van ingerichte keukens, de productie, installatie en inrichting van beursstands en beurzen, de assemblage en ontmanteling van steigers en platformen, het onderhoud en het schoonmaken van allerlei uitrustingsstukken, de installatie, de bouw, het onderhoud en de reparatie van personenliften en goederenliften.
  3. Montage en demontage van steigers en werkplatformen
  4. Aanleg van (pijp)leidingen voor het vervoer van gas, water en elektriciteit
  5. Aanleg van telecommunicatielijnen en –netten;
  6. Steigers en werkplatforms opbouwen en afbreken
  7. Alle professionele activiteiten in verband met elektriciteit, evenals het plaatsen, repareren, onderhouden en de inbedrijfstelling van diverse elektrische installaties, elektrische apparaten van alle soorten, kroonluchters, verlichting en radio-elektrische apparatuur, domotica, parlofonie, videofonie, enz.
  8. Het ontwerp, de studie en/of de realisering van elektrische installaties, beveiliging-, evacuatie- en brandsystemen, toegangscontroles, automatisering, telefonie en/of gestructureerde bekabeling;
  9. De studie, realisatie en installatie van elektrische HVAC-panelen, elektrische installatie met hoge, gemiddelde en lage spanning, automatisering.
  10. Alle activiteiten van verwarmingstechnicus in de meest ruime zin…, inclusief de aankoop, verkoop, reparatie, plaatsing en onderhoud van alle verwarmingsinstallaties, verwarmings- en verluchtingsmateriaal ongeacht de energiebron, en alle activiteiten van aankoop, verkoop, reparatie, plaatsing en onderhoud van uitgeruste keukens, industriële pijpleidingen alsook schoorsteenvegen;
  11. De handel, verkoop, fabricage, aanpassing, het onderhoud met betrekking tot airconditioning, verwarming, leidingen, warmtepompen, geothermische sondes, ventilatie en airconditioning, zonne-en fotovoltaïsche panelen, de exploitatie van de windenergie, de warmte isolatie of energiebesparingen, met inbegrip van alle bijkomende werkzaamheden die relevant zijn of verband houden met de uitoefening van de hierboven bedoelde handel, naast de werkzaamheden in verband met het gebruik van gas, kolen en elektriciteit.
  12. De handel, verkoop, fabricatie, wijzigingen, onderhoud van sanitaire artikelen, verwarmingstoestellen en de detailhandel van kachels
  13. Alle werkzaamheden die direct of indirect verband houden met de installatie, het onderhoud, de renovatie, de reparatie en de verbetering, de modernisering van verwarmings-, verwarmingsketels-, ventilatie- en airconditioningsapparatuur en leidingen, elektrische, verzinkte, sanitaire, gas- en waterleidingen en -aansluitingen.
  14. De aankoop, verkoop, import, export, klein- en groothandel, ambulante handel en openbare aanbesteding van alle producten, eventueel openbare markten;
  15. Kleinhandel van alle soorten producten per post of via internet (e-commerce);
  16. Dienstverlening binnen het kader van het doel, inclusief vermogensbeheer.

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.
GENERAL RED CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, eenvoudige beslissing van het bestuursorgaan” (deed in Dutch)
Elected domicileThe address where directors or the company receive official documents.
One provision in the deed

deed of 08-10-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
6 provisions in the deed

deed of 08-10-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, aandelen” (deed in Dutch)
“Op naam of gedematerialiseerd, andere effecten” (deed in Dutch)
“In geval van overlijden van de enige aandeelhouder worden de aan de aandelen verbonden rechten uitgeoefend door de regelmatig in het bezit…” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“De kosten van de prijsbepaling door de deskundige worden gedragen door de kandidaat-overnemer van het bestuursorgaan, indien deze de…” (deed in Dutch)
6 more provisions on this in the deed
Pre-emptive rightsExisting shareholders may buy new shares first, in proportion to what they already hold.
One provision in the deed
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
One provision in the deed

deed of 08-10-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITRE V. ALGEMENE VERGADERING Artikel 17: ORGANISATIE EN BIJEENROEPING Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Meeting accessWho may attend the meeting and what is needed to be admitted.
One provision in the deed
Meeting procedureHow the meeting runs, from opening to minutes.
One provision in the deed
Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
One provision in the deed
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
One provision in the deed

deed of 08-10-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
“Hernieuwbare termijn van drie jaar, één of meerdere commissarissen” (deed in Dutch)
Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed
JurisdictionWhich court has jurisdiction in a dispute about the company.
One provision in the deed

deed of 08-10-2024

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

Other provision: “Bestuurders en, in voorkomend geval, aan de houders van converteerbare obligaties op naam, van inschrijvingsrechten op naam of met…” (deed in Dutch)
Other provision: “De aandeelhouders kunnen, binnen de wettelijke grenzen, eenparig en schriftelijk alle besluiten nemen die tot de bevoegdheid van de algemene…” (deed in Dutch)
Other provision: “Laatste bepalend voor de datum van het besluit. Het schriftelijk besluit, al of niet in meerdere exemplaren, wordt aangevuld met een…” (deed in Dutch)
Other provision: “Het toegezonden voorstel van schriftelijk besluit kan bepalen dat de goedkeuring op de zetel van de vennootschap moet toekomen vóór een…” (deed in Dutch)
Other provision: “De vorige paragrafen zijn van toepassing op de houders van converteerbare obligaties, van inschrijvingsrechten en van certificaten die met…” (deed in Dutch)
Other provision: “Het elektronische communicatiemiddel moet de aandeelhouder bovendien in staat stellen om deel te nemen aan de beraadslagingen en het recht…” (deed in Dutch)
10 more provisions in the deed, see the deed of 08-10-2024

deed of 08-10-2024