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HAIDUC Construct

Active Private limited companyfounded 2019active for 7 yearsNerenweg 162, 9270 LaarneKBO/BCE: BE 0736.615.525

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €760,578 (2023)
€290,819▼ 53.3%
lowest -€165,858 (2025)
-€165,858▼ €188,506
peak €106,152 (2024)
-€59,707▼ €165,859
€150,728▲ 26.3%
Board6 names since 2019
1 director
Documentsfilings and deeds
13-07-202674 days late
2025micro format
Turnover from €622,875 to €290,819Gross margin from €49,844 to €5,920Loss of €165,858Equity from €106,152 to -€59,707Debts from €119,354 to €150,728

Key points

from the 2025 annual accounts

Equity

-€59,707
20212022202320242025

Debts exceed assets in financial year 2025.

Result

-€165,858 -€165,858
€22,6002024-€166,0002025

From profit to loss in 2025, after a profit of €22,648 in 2024.

Payment terms

88 days to suppliers
Suppliers
44 to 88
Customers
28 to 69

HAIDUC Construct pays its suppliers 44 days later than in 2024. Customers pay 41 days later.

Filings

5 annual accounts 74 days
deadline20222024

Latest accounts filed late: after the legal deadline.

Board

2 left

Directors left. Latest change 05-05-2026 · 0 in office.

Position in the sector

-€165,858

Lower net result than 95% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.

Turnover -53%: other schema

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,007 companies had the same profile as HAIDUC Construct has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 6,007 companies, not a prediction for HAIDUC 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 verdict

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

Board and ownership

last known board
Director, until 2026
Director, until 2026
  • 100 sharesdeed of 05-05-2026
Board & ownership

Recent changes

3 directors resigning Transfer of 100 shares from to · Transfer of 100 shares from to · Transfer of 100 shares from to · General meeting of 07-05-2025 · Gazette deed
Incorporation Founding capital of €2,000, 600 shares · Founders: , , and 1 other · Appointments: (statutory director), (director), (director) and (director) · published on 23-10-2019 · Gazette deed
First establishment Nerenweg 162, Laarne
All 12 events

Comparable companies

same main activity, similar in size and age
Company
HAIDUC Construct Laarne €290,819 -43.6% -25.3% -
CFD Erquelinnes €143,737 -24.5% -19.9% -
MTLH Management Wavre - - 22.0% -
PRO-LINK+ Boom - - 15.7% -
DIMAT Bornem - - 20.6% -
ECOPLAST BENELUX Liège - - 18.7% -
MD BATIMENT Lessines - - 16.7% -
-10%0%10%20%€200,000€2m€20m€200mHAIDUC ConstructEBIT margin

Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as HAIDUC Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €185,000 and €269,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 21-10-2019Normal situation
Activity
General construction of residential buildingsNACE 41001and 5 others
Establishment unit
2.295.670.7899270 Laarne, since 21-10-2019
Financial year end
30 September
Peppol
Reachable
Company details

Annual accounts to 30-09-2025

€290,819▼ 53.3%
€165,858
-€59,707
€235,662▲ 4.5%
≈ 1.9 FTEestimated
Filing
Filed on 13-07-2026
Financials

Insights on HAIDUC Construct

HAIDUC Construct has existed since 2019. Turnover fell from €760,578 in 2023 to €290,819 in 2025. The accounts now follow the micro format, last year the full format.

Solvency fell in 2025 from 47.1% to -25.3% because of the loss.

In May 2026, three directors stepped down.

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

Financials

Annual accounts 2025

micro format, filed on 13-07-2026, 74 days late
€290,819
▼ 53.3%
-€126,829
▼ €159,348
-€116,259
▼ €161,989
-€155,288
▼ €191,147
-25.3%
▼ 72.4 percentage points
1.33
▼ 0.19

Money flows

of every €100 of turnover, €57.03 was lost in 2025

Balance sheet

balance sheet total €235,662 on 30-09-2025
What the company ownsHow it is paid for

in euro

Position in the sector

-25.3%

Higher than 8% of 10,152 companies in 2025.

1.33

Higher than 37% of 9,863 companies in 2025.

-70.4%

Lower than 95% of 9,951 companies in 2025.

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

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 235,662225,506189,28359,210253,550
21/28 34,69944,11315,9058,22013,722
22/27 34,69944,11315,9058,22013,722
24 34,69944,11315,9058,22013,722
29/58 200,963181,393173,37850,989239,828
40/41 140,948125,926141,67345,115211,236
40 55,00847,05096,67331,563204,958
41 85,94078,87645,00013,5526,278
54/58 -55,46731,7055,87428,542
490/1 60,015--050
Balance sheet: equity and liabilities
10/49 235,662225,506189,28359,210253,550
10/15 -59,707106,15283,50442,65127,666
10/11 2,0002,0002,0002,0002,000
10 -2,0002,0002,0002,000
100 -2,0002,0002,0002,000
13 200200200200200
130/1 200200200200200
130 -200200200200
1311 200----
14 -61,907103,95281,30440,45125,466
16 144,641----
160/5 144,641----
164/5 144,641----
17/49 150,728119,354105,77916,559225,884
42/48 150,728119,354105,77916,559225,884
43 18,146----
430/8 18,146----
44 72,71068,71763,0652,688182,064
440/4 72,71068,71763,0652,688182,064
46 6,8876,8876,887-34,225
45 37,75043,75035,82713,8719,595
450/3 37,75043,75035,82713,8719,595
47/48 15,235----
Income statement
70 290,819622,875760,578539,761670,399
76A -2,708---
9900 5,92049,84471,13427,62143,053
60/61 301,549575,739689,443512,140627,346
62 105,997----
630 10,57013,211-6,5006,874
631/4 14,192----
640/8 1,9904,1141,1911,7282,639
9901 -126,82932,51969,94319,39233,540
75/76B 59----
75 59----
65/66B 20,7811,528146131379
65 20,7811,528146131379
9903 -147,55130,99169,79719,26133,161
67/77 18,3078,34313,9594,2767,495
9904 -165,85822,64855,83814,98525,666
9905 -165,85822,64855,83814,98525,666
Appropriation of the result
9906 -61,907103,95281,30440,45125,666
14P 103,95181,30425,46625,466-
691/2 ---0200
6920 ---0200
Document PDFPDFPDFPDFPDF

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 13-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 74 days after the deadline. Filed on 13 July 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00290242.

Financial year Type Filed Reference Document
30-09-2025 micro format 13-07-2026 2026-00290242 PDF
30-09-2024 full format 25-02-2025 2025-00039181 PDF
30-09-2023 full format 25-02-2025 2025-00039228 PDF
30-09-2022 full format 15-06-2023 2023-00137587 PDF
30-09-2021 full format 26-05-2023 2023-00100977 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
-116,25945,730-25,89340,414
-155,28835,859-21,48632,540
1,15641,4197,68599920,596
-23,76225,831-22,668-
50,23562,03967,59934,43113,944
-43.6%5.2%9.2%3.6%5.0%
-25.3%47.1%44.1%72.0%10.9%
1.331.521.643.081.06
-1.121.270.398.16
-21.3%66.9%35.1%92.8%
-70.4%10.0%29.5%25.3%10.1%
-5.5929.93-over 100over 100
69 days28 days46 days21 days112 days
88 days44 days33 days2 days106 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€1,156€41,419€7,685€999€20,596
€10,570€13,211-€6,500€6,874

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on HAIDUC Construct

The operating result for 2025 is a loss of €126,829, after a profit of €32,519 in 2024. It is the lowest result since 2021.

Equity is negative. Debt (€150,728) exceeds the balance-sheet total (€235,662).

Large changes and their cause
  • 2025 Turnover -53% on 2024. The accounts now follow the micro format, last year the full format.

Board & ownership

Board

No change since May 2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De niet-statutaire bestuurders zijn enkel herroepbaar bij besluit van de algemene vergadering ad nutum, zonder dat hun herroeping recht…”
deed of 23-10-2019

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today

Director

Director (not named in the articles)

Director

Director (not named in the articles)

Statutory director

Director (not named in the articles)
Earliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, until 05-05-2026
    • Director (not named in the articles), appointed by deed of 23-10-2019, until 05-05-2026
    • Director (not named in the articles), appointed by deed of 23-10-2019, last mentioned in 2019
    • Director, until 05-05-2026
    • Director (not named in the articles), appointed by deed of 23-10-2019, last mentioned in 2019
    • Statutory director, appointed by deed of 23-10-2019, last mentioned in 2019
    • Director (not named in the articles), appointed by deed of 23-10-2019, last mentioned in 2019

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

Control

Shareholder
This company
HAIDUC Construct
Equity -€59,707
Loss €165,858 in 2025

Capital

Contribution
€2,000
Shares
600
Contribution per share
€3.33
Equity per share
-€99.51 in 2025
Source
deed of 23-10-2019

Articles of association

deed of 23-10-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
600 shares
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of March 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

Shareholders

Stated in the deed deed of 05-05-2026 ↗
  • 100 shares
Share transfer deed of 05-05-2026 ↗
  • to 100 shares
  • to 100 shares
  • to 100 shares
At incorporation deed of 23-10-2019 ↗
  • 306 shares (51%)
  • 98 shares (16.3%)
  • 98 shares (16.3%)
  • 98 shares (16.3%)

Network & group

No group

HAIDUC Construct has no parent and no holdings in its annual accounts.

At the same address

Nerenweg 162, 9270 Laarne · 1 other company
TOTAL HAIDUC CONSTRUCT
establishment since 24-04-2026
founded in 2026
1037.298.402

Connections & network

Timeline

Timeline

12 events since 2019

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed NBBmicro format · 74 days late
3 directors resigningTransfer of 100 shares from to · Transfer of 100 shares from to · Transfer of 100 shares from to · General meeting of 07-05-20258 points ▸
  • General meeting, 07-05-2025
  • Director resignation,
  • Share transfer, , 100 shares
  • Director resignation,
  • Share transfer, , 100 shares
  • Director resignation,
  • Share transfer, , 100 shares
  • holds 100 shares

Open the deed in the Belgian Official Gazette

2025
Weakest financial year net -€165,858 The net result drops to -€165,858, the lowest from 2021 to 2025.
Annual accounts 2023 filed PDFfull format · 301 days late
Annual accounts 2024 filed PDFfull format · 64 days before the deadline
2024
Equity above €100,000 equity €106,152 ▲27.1% With a profit in every financial year since 2021, equity grows to €106,152.
2023
Highest result from 2021 to 2025 net €55,838 ▲273% The operating result of €69,943 and the net result of €55,838 are both a record.
Annual accounts 2022 filed PDFfull format · 46 days late
Annual accounts 2021 filed PDFfull format · 391 days late
2022
Liquidity more than doubled current ratio 3.08 The current ratio rises from 1.06 to 3.08. Short-term debt falls from €225,884 to €16,559.
2019
IncorporationFounding capital of €2,000, 600 shares · Founders: , , and 1 other · Appointments: (statutory director), (director), (director) and (director) · published on 23-10-201910 points ▸
  • Founder,
  • Founder,
  • Founder,
  • Founder,
  • Founding capital, €2,000, 600 shares
  • Director appointment, (statutory director)
  • Registered office clause, Nerenweg 162, 9270 Laarne (Kalken)
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Nerenweg 162, Laarne

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 21 October 2019, HAIDUC Construct was incorporated as a private limited company by four natural persons, with a starting capital of €2,000.12 Turnover went from €670,399 in 2021 to €290,819 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-10-2019
  3. 3National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0736.615.525
VAT number
BE 0736.615.525
Peppol ID
0208:0736615525
Other Peppol ID
9925:BE0736615525
Legal form
Private limited company
Status
Active, normal situation
Founded
21-10-2019
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of March at 18:00
deed of 23-10-2019 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
HAIDUC Construct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-10-2019 (in Dutch)
Name clauseThe company operates under this name according to its articles.
HAIDUC Construct
deed of 23-10-2019 (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 23-10-2019 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43211 Specialised construction activities
43221 Plumbing
43299 Specialised construction activities
43310 Plastering work
43320 Joinery installation
PurposeThe purpose describes the activities the company may carry out under its articles.
“Projectontwikkeling voor woningbouw; Projectontwikkeling voor appartementsbouw; Projectontwikkeling voor industriebouw; Projectontwikkeling…”
48 activities
  1. Projectontwikkeling voor woningbouw
  2. Projectontwikkeling voor appartementsbouw
  3. Projectontwikkeling voor industriebouw
  4. Projectontwikkeling voor kantoorbouw
  5. Bouwpromotie
  6. Toezien op bouwwerkzaamheden(ruwbouw,installaties,afwerking en dergelijke)
  7. Het aanbieden van knowhow in verband met alle technieken in woningen,burelen,appartementen,magazijnen,utiliteitsbouw,enzovoort;de studie,planningen opmaken van offertes
  8. Administratieve dienstenverlening,consultancy en managementactiviteiten zowel voor eigen rekening als voor derden
  9. Het verlenen van adviezen en diensten aan bedrijven of personen
  10. Het verzorgen van logistieke ondersteuning,koerierdienst en goederenvervoer
  11. De vennootschap kan deelnemen aan het bestuur of de vereffening van andere vennootschappen of verenigingen
  12. Verhuur van alle roerende&onroerende goederen en meer in het algemeen van alle roerende en onroerende goederen welke de vennootschap onder haar activa heeft
  13. Tussenpersoon in handel van alle roerende goederen en producten
  14. De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in het korte optreden als tussenpersoon in de handel
  15. Het realiseren zowel voor eigen rekening als voor rekening van derden,van projecten,onroerend door bestemming op het vlak van groene energievoorzieningen in de meest ruime zin
  16. De groot-en kleinhandel,het verdelen,plaatsen,onderhouden herstellen van:zonnecollectoren,thermisch en aanverwanten;zonnepanelen,fotovoltaïsch en aanverwanten;alternatieve energie en aanverwanten;windturbines en aanverwanten;warmtekrachtkoppelingen en aanverwanten
  17. Warmtepompen en aanverwanten;verwarmingssystemen en aanverwanten
  18. De groot-en kleinhandel in elektrische en andere toestellen
  19. De groot-en kleinhandel in overige bouwmaterialen
  20. De groot-en kleinhandel in nieuwe artikelen
  21. Installatie en onderhoud van elektrische verwarmingsinstallaties
  22. Installatie in gebouwen en andere bouwwerken van apparatuur en leidingen voor verwarming,ventilatie,koeling en klimaatregeling
  23. Installatie in gebouwen en andere bouwwerken van water-en andere sanitaire leidingen en installaties en alle andere loodgieterswerken
  24. Installatie en onderhoud van algemene elektriciteitswerken en elektrotechnische installaties
  25. Installatie en onderhoud van domotica installaties,inbraakbeveiliging,brandbeveiliging,camerabewaking,toegangscontroles
  26. Het uitvoeren van alle schrijnwerk zowel interieur als exterieur en in alle materialen
  27. Aanneming van timmer-en schrijnwerk in de meest ruime zin,schrijnwerkerij voor gebouwen,timmerbedrijf
  28. De fabricatie,aan-en verkoop,in-en uitvoer,groot-en kleinhandel en levering en plaatsing van ramen en deuren en houten constructies
  29. Uitvoeren van isolatiewerkzaamheden
  30. Gyprocwerkzaamheden
  31. Aan-en verkoop,in-en uitvoer,groot-en kleinhandel en levering en plaatsing van alle houtstructuren,houtartikelen,kunststofstructuren en artikelen,binnen-en buitenschrijnwerk,ramen en deuren,meubels,badkamers,keukens,kasten en bureelmateriaal
  32. Het monteren van niet zelfvervaardigde metalen constructiewerken
  33. De uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,enzovoort
  34. Het leveren en plaatsen van allerhande afsluitingen in metaal,hout en kunststof
  35. Het uitvoeren van afbraakwerken van woningen en industriegebouwen
  36. Het verwerken van allerhande afvalproducten en verzamelen en recycleren ervan
  37. Het uitvoeren van alle vloer-en tegelwerken
  38. Het uitvoeren van alle metsel-en betonwerken en chapewerken
  39. Het uitvoeren van schilder-en behangwerken in de meest ruime zin
  40. De industriële reiniging,ontsmetting en onderhoud van allerhande onroerende en roerende goederen
  41. Glazenwasserij
  42. De restauratie,renovatie,onderhoud en reiniging van gebouwen,woningen,handelspanden,bedrijfshallen,magazijnen,kantoren en dit in de ruimste zin
  43. Het reinigen van het interieur van gebouwen,woningen,handelspanden,bedrijfshallen,magazijnen,kantoren en dergelijke
  44. Het eenmalig of periodiek leegmaken en opkuisen van appartementen,huizen,woningen,woonblokken,bedrijfsruimtes,kantoren,garages en van elke andere woon-en bedrijfsentiteit.Dit zowel voor particulieren,immo–en verhuurbedrijven als voor bedrijven
  45. Het verwerven,kopen,verkopen,ruilen en beheren van roerende en onroerende goederen en waarden,schuldvorderingen en onlichamelijke rechten,en het deelnemen in andere vennootschappen,al dan niet met een gelijkaardig voorwerp
  46. Zij kan deze voormelde roerende en onroerende goederen productief maken,onder meer door toezicht en controle,studie en adviesverlening,door beheers-of financiële bijstand aan ondernemingen,of op elke ander wijze die haar nuttig kan zijn
  47. Onroerende en roerende goederen aankopen,verkopen,verhuren,enzovoort,en alle hiermee samenhangende verrichtingen zonder dat deze verrichtingen een activiteit als vastgoedhandelaar mogen uitmaken
  48. Om dit doel te bereiken zal zij alle financiële,commerciële,industriële,roerende en onroerende handelingen mogen stellen,onder meer kopen,verkopen,ruilen,huren,verhuren,bouwen van alle roerende en onroerende goederen.Met andere woorden de vennootschap mag alles doen om haar maatschappelijk voorwerp te bereiken,te bevorderen of te vergemakkelijken
deed of 23-10-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Nerenweg 162 registered office 9270 Laarne 21-10-2019 2.295.670.789

Buildings and parcels at the address

Ground area
1,934 m²
Buildings
193 m²
Volume, LiDAR
812 m³
Tallest building
6.4 m
Buildings to scale, each on its own parcel
193 m², 6.4 m 193 m², 6.4 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
42009D0882/00F0001,934 m² 1 · 193 m² 6.4 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 0736.615.525