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GLM CONSTRUCT

Active Private limited companyfounded 2021active for 4 yearsNieuwbaan 30, 1742 TernatKBO/BCE: BE 0778.256.041

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €6,691 (2024)
€5,730▼ 14.4%
lowest -€4,103 (2022)
€2,591▼ 47.7%
peak €6,769 (2025)
€6,769▲ 62.0%
€15,380▼ 3.2%
Board1 name since 2021
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from €6,691 to €5,730Result from €4,955 to €2,591Equity from €4,179 to €6,769

Key points

from the 2025 annual accounts

Equity

€6,769 ▲ 62.0%

GLM CONSTRUCT has made a profit without a break since 2023.

Turnover

≈ €68,000 estimated

The micro format states no turnover.

Investments

€2,565 7.4 × depreciation

Green is investment, beige is depreciation.

Filings

4 annual accounts since 2022
AprilJune31 JulyOctober2022202320242025

The last four annual accounts were filed 14 to 54 days before the end of the period.

Position in the sector

€6,769

Less equity than 82% of companies in construction of buildings. Sector median €45,638 · 9,438 companies.

Checked score

68
Healthy
Financially stronger than 63% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.7%▲ +0.1 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025highest value 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 1.3%▼ -0.4 percentage points vs 07-2025 09-2025: 1.2%▼ -0.1 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▼ -0.5 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value

Financial strength
Strong

56+10equity 30.6% of total assets
63+6short-term debt 69.4% · cash 85.9%
83-16return on assets 11.7%

Score breakdown

raises risk
Founded in 2021
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €22,150
lowers risk
Liquidity: current ratio 1.30, cash €19,030
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 37% of them on solvency, 68% on liquidity, 66% on profitability and 83% on growth.

The bankruptcy probability was computed on 06-11-2026 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 low class on 30-06-2025, 0.8% 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, 39,278 companies had the same profile as GLM CONSTRUCT has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of GLM CONSTRUCT itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 GLM 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.

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 riskneutral
lowers risk · Liquidity: current ratio 1.30, cash €19,030
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €22,150
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
14 days early
2024
50 days early
2023
54 days early
2022
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 38 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 (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. The company usually files around 19 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DL
Director, since 03-12-2021
  • DE LIÈVRE Geoffrey Jean Henri founderdeed of 07-12-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0778256041
Incorporation Founding capital of €1,500 · Founder: DE LIÈVRE Geoffrey Jean Henri · Appointment: DE LIÈVRE Geoffrey Jean Henri (director) · published on 07-12-2021 · Gazette deed
First establishment Nieuwbaan 30, Ternat
All 10 events

Comparable companies

same main activity, similar in size and age
Company
GLM CONSTRUCT Ternat - - 30.6% -
BELGMA SERVICES Ternat - - 75.2% -
ADAMS RENOV Ternat - - 67.9% -
M-Y 14 Kraainem €102,077 4.7% 19.5% -
KPS CONSTRUCT Wemmel - - 36.4% -
PVO Construction Asse €217,382 -1.1% 83.1% -
DNO Izegem - - 2.2% -

These companies have the same main activity as GLM CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €19,100 and €25,200, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 03-12-2021Normal situation
Activity
General construction of residential buildingsNACE 41001and 9 others
Establishment unit
2.326.144.8251742 Ternat, since 03-12-2021
Financial year end
31 December
Peppol
Reachable since 25-09-2025
Company details

Annual accounts 2025

€5,730▼ 14.4%
€2,591▼ 47.7%
€6,769▲ 62.0%
€22,150▲ 10.4%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on GLM CONSTRUCT

GLM CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€4,103 in 2022 to €5,730 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-07-2026, 14 days before the deadline
€5,730
▼ 14.4%
€4,655
▼ 27.8%
€2,591
▼ 47.7%
€4,551
▲ 8.9%
30.6%
▲ 9.7 percentage points
1.30
▲ 0.03

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €68,000. Estimated: probably between €36,000 and €120,000.

Balance sheet

balance sheet total €22,150 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

30.6%

Higher than 37% of 9,435 companies in 2025.

1.30

Higher than 36% of 9,183 companies in 2025.

11.7%

Higher than 61% of 9,255 companies in 2025.

GLM CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: bottom quarter · 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 Trend2025202420232022
Balance sheet: assets
20/58 22,15020,06514,0583,084
21/28 2,218---
22/27 2,218---
24 2,218---
29/58 19,93120,06514,0583,084
40/41 901178-120
40 901---
41 -178-120
54/58 19,03019,88714,0582,963
Balance sheet: equity and liabilities
10/49 22,15020,06514,0583,084
10/15 6,7694,179-776-2,603
10/11 1,5001,5001,5001,500
14 5,2692,679-2,276-4,103
17/49 15,38015,88714,8345,687
42/48 15,38015,88710,5295,687
44 2,2954,7141,0532,507
440/4 2,2954,7141,0532,507
45 2,5921,545582-
450/3 2,5921,545582-
47/48 10,4939,6288,8943,179
492/3 --4,305-
Income statement
9900 5,7306,6912,171-4,103
630 347---
640/8 729245204-
9901 4,6556,4461,967-4,103
65/66B 599143141-
65 599143141-
9903 4,0566,3031,826-4,103
67/77 1,4651,348--
9904 2,5914,9551,826-4,103
9905 2,5914,9551,826-4,103
Appropriation of the result
9906 5,2692,679-2,276-4,103
14P 2,679-2,276-4,103-
Document PDFPDFPDFPDF

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 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 17-07-2026 2026-00309411 PDF
31-12-2024 micro format 11-06-2025 2025-00133364 PDF
31-12-2023 micro format 07-06-2024 2024-00125130 PDF
31-12-2022 micro format 26-06-2023 2023-00159415 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
5,001---
2,937---
2,565---
-8575,83011,094-
4,5514,1793,529-2,603
30.6%20.8%-5.5%-
1.301.261.34-
2.273.80--
38.3%118.6%--
11.7%24.7%13.0%-
8.35---

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
Item2025202420232022
Tangible fixed assets€2,565---
€347---

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on GLM CONSTRUCT

The operating result for 2025 is 28% lower than in 2024.

Debt's share of the balance-sheet total falls from 79.2% to 69.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 03-12-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 17-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 07-12-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DE LIÈVRE Geoffrey Jean Henri
Director (not named in the articles)
Board
Mandates as a list
  • DE LIÈVRE Geoffrey Jean Henri
    • Director (not named in the articles), from 03-12-2021 to date

See the board, name and registered office on a given date →

Control

This company
GLM CONSTRUCT
Equity €6,769
Profit €2,591 in 2025

Capital

Contribution
€1,500
Source
deed of 07-12-2021

Articles of association

deed of 07-12-2021 (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 18:00
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

Founder

At incorporation deed of 07-12-2021 ↗

Network & group

No group

GLM CONSTRUCT has no parent and no holdings in its annual accounts. DE LIÈVRE Geoffrey Jean Henri is the only director. GLM CONSTRUCT shares no director with another company.

Timeline

Timeline

10 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 14 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0778256041
Annual accounts 2024 filed PDFmicro format · 50 days before the deadline
2024
Highest result from 2022 to 2025 net €4,955 ▲171% The operating result of €6,446 and the net result of €4,955 are both a record.
Annual accounts 2023 filed PDFmicro format · 54 days before the deadline
2023
Back to profit net €1,826 The net result is €1,826, after one loss-making year.
Liquidity more than doubled current ratio 1.34 The current ratio rises from 0.54 to 1.34.
Annual accounts 2022 filed PDFmicro format · 35 days before the deadline
2021
IncorporationFounding capital of €1,500 · Founder: DE LIÈVRE Geoffrey Jean Henri · Appointment: DE LIÈVRE Geoffrey Jean Henri (director) · published on 07-12-20214 points ▸

Open the deed in the Belgian Official Gazette

First establishment Nieuwbaan 30, Ternat

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 3 December 2021, GLM CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €1,500.12 DE LIÈVRE Geoffrey Jean Henri has served as director since 2021.3 Total assets went from €3,084 in 2022 to €22,150 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-12-2021
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0778.256.041
VAT number
BE 0778.256.041
Peppol ID
0208:0778256041
Other Peppol ID
9925:BE0778256041
Legal form
Private limited company
Status
Active, normal situation
Founded
03-12-2021
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 18:00
deed of 07-12-2021 (in Dutch)
Peppol
Reachable since 25-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GLM CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-12-2021 (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.
“Nieuwbaan 30, 1742 Ternat”
deed of 07-12-2021 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43110 Demolition
43211 Specialised construction activities
43221 Plumbing
43299 Specialised construction activities
43341 Painting of buildings
43994 Specialised construction activities
43995 Specialised construction activities
43999 Specialised construction activities
47910 Retail trade
81210 General cleaning of buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Metselwerk,het leggen van funderingen,het ijzerwerk van gebouwen,metaalbouw,algemeen schrijnwerk,binnen en buiten,in metaal en…”
50 activities
  1. Metselwerk,het leggen van funderingen,het ijzerwerk van gebouwen,metaalbouw,algemeen schrijnwerk,binnen en buiten,in metaal en kunststof,ruwbouw,algemene loodgieterij,afbraakwerken,schilderwerken,het bouwen,herstellen,verbouwen,renoveren,voltooien,afwerken,en onderhouden van alle onroerende en roerende goederen
  2. Het plaatsen en wegnemen van een steiger en een werkplatform
  3. Het schoonmaken,het onderhouden,het desinfecteren van huizen en professionele lokalen,al dan niet bemeubeld
  4. Alle werken voor het reinigen van gevels,via elk soort procedé
  5. Alle voegwerken
  6. Alle isoleringswerken
  7. Het installeren,plaatsen,onderhouden van elk verwarmings-,klimatiserings-,en ventilatiesysteem
  8. De aankoop en verkoop van deze systemen en wisselstukken
  9. Alle chapewerken,plafonneringen,bepleisteringen
  10. Alle tegelwerken,het plaatsen van alle soorten bekleding,(hout,kamerbreed tapijt,en linoleum met inbegrip van caoutchouc of kunststof)
  11. Alle glaswerken,en binnen- en buitenschilderwerken
  12. De aankoop en verkoop,de invoer en uitvoer en de handel in het algemeen van alle materialen of bouwstoffen
  13. Alle verrichtingen van tuinaanleg,onderhoud van tuinen en parken,sportvelden en parkeerterreinen,groot- en kleinhandel in alle planten,bloemen,tuinbouwproducten en alle verwante artikelen,het snoeien en rooien van bomen
  14. Verzorgen van het onderhoud van landschappen en velden in het algemeen
  15. De aanleg van opritten,tuinpaden en terrassen enzovoort
  16. Het plaatsen van afsluitingen en omheiningen in allerlei materialen
  17. De aankoop,verkoop,verhuur en beheer van alle onroerende goederen
  18. Alle activiteiten die verband houden met de vastgoedsector en alle handelingen of prestaties die rechtstreeks of onrechtstreeks verband houden met het beheren of uitbaten van eigendommen of onroerende rechten
  19. De aankoop,verkoop,het beheren,verhuren en onderverhuren,gemeubeld of niet gemeubeld,als verhuurder dan wel als huurder,de verkaveling,opwaardering,renovatie,bouw van alle onroerende goederen
  20. Het aanleggen en opwaarderen van een vastgoedpatrimonium
  21. De vennootschap mag voor eigen rekening investeren in elke vorm van belegging(beurs,vastgoed,...)en alle daden stellen met betrekking tot het beheer van deze investeringen
  22. De vennootschap heeft eveneens alle algemene handelingen tot doel–commerciële,financiële,met betrekking tot roerende of onroerende zaken,die rechtstreeks of onrechtstreeks verband houden met het maatschappelijk doel
  23. Zij kan de functie van bestuurder,zaakvoerder of vereffenaar uitoefenen in elk soort vennootschap
  24. Zij kan kredieten verstrekken of contractueel aangaan ten gunste van of bij derden(instellingen,vennootschappen,…)voor haarzelf,haar bestuurders,medewerkers of loontrekkenden die als vaste vertegenwoordiger of zelfs ten gunste van derden kunnen optreden en de nodige garanties verlenen en aansprakelijkheden dekken met zakelijke of persoonlijke waarborgen
  25. Zij kan lenen aan vennootschappen of natuurlijke personen en zich borg voor hen stellen,zelfs hypothecair
  26. De vennootschap kan zich op welke manier ook interesseren in elke zaak,onderneming of vennootschap met eenzelfde,analoog of verwant doel,of die de ontwikkeling van haar zakelijke activiteiten kan bevorderen,grondstoffen aan haar kan leveren of de afzet van haar producten kan vergemakkelijken
  27. Het management is als enige bevoegd om het maatschappelijk doel te interpreteren
  28. Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken
  29. Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare,of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen
  30. Het reinigen van productieruimtes en machines,burelen,vergaderzalen,sanitaire ruimtes,het interieur van allerlei gebouwen:kantoren,fabrieken,winkels,scholen,appartementsgebouwen,enz.
  31. Overige reiniging van gebouwen
  32. Industriële reiniging
  33. Het opkuisen van bouwafval
  34. Werfopruiming
  35. Reinigen van dakgoten
  36. Straatreiniging
  37. Het lappen van ramen
  38. Gevelreiniging door middel van zandstralen,met behulp van stoom,enz.
  39. Wassen van voertuigen
  40. Maaien gazon
  41. Vervaardiging van poets en onderhoudsmiddelen
  42. Wassen,bleken,chemisch reinigen,strijken,verven,enz.,van kleding en textielartikelen voor bedrijven,andere grootgebruikers en voor depothouders
  43. Reinigen van tapijten en gordijnen
  44. Activiteiten van wasserettes en wassalons ten behoeve van particulieren
  45. Behandeling(ophalen,wassen,strijken,thuisbezorgen,enz.)op niet-industriële schaal van wasgoed en reiniging van kleding,overwegend ten behoeve van particulieren
  46. Ophalen en bezorgen van de was
  47. Activiteiten van huishoudpersoneel
  48. Groothandel in onderhoud
  49. En reinigingsproducten,inclusief waspoeders
  50. De conceptie van internet website,publicitaire campagnes,e-handel van allerlei producten
deed of 07-12-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Nieuwbaan 30 registered office 1742 Ternat 43110 Demolition 03-12-2021 2.326.144.825

Buildings and parcels at the address

Ground area
162 m²
Buildings
83 m²
Volume, LiDAR
548 m³
Tallest building
9.5 m
Buildings to scale, each on its own parcel
83 m², 9.5 m 83 m², 9.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23071A0051/00A003162 m² 1 · 83 m² 9.5 m · 2

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 0778.256.041