Lower net result than 95% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Turnover -53%: other schema
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
3 directors resigning
Transfer of 100 shares from Name after signing inVisible after signing in to Name hiddenVisible after signing in · Transfer of 100 shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · Transfer of 100 shares from Name hiddenVisible after signing in to Hidden nameVisible after signing in · General meeting of 07-05-2025 · Gazette deed
Incorporation
Founding capital of €2,000, 600 shares · Founders: Name after signing inVisible after signing in, Name hiddenVisible after signing in, Hidden nameVisible after signing in and 1 other · Appointments: Name after signing inVisible after signing in (statutory director), Name hiddenVisible after signing in (director), Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · published on 23-10-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
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
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
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.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
2021
-116,259
45,730
-
25,893
40,414
-155,288
35,859
-
21,486
32,540
1,156
41,419
7,685
999
20,596
-
23,762
25,831
-22,668
-
50,235
62,039
67,599
34,431
13,944
-43.6%
5.2%
9.2%
3.6%
5.0%
-25.3%
47.1%
44.1%
72.0%
10.9%
1.33
1.52
1.64
3.08
1.06
-
1.12
1.27
0.39
8.16
-
21.3%
66.9%
35.1%
92.8%
-70.4%
10.0%
29.5%
25.3%
10.1%
-5.59
29.93
-
over 100
over 100
69 days
28 days
46 days
21 days
112 days
88 days
44 days
33 days
2 days
106 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
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
30-09-2025
30-09-2024
30-09-2023
30-09-2022
30-09-2021
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
2025Turnover -53% on 2024.The accounts now follow the micro format, last year the full format.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
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…”
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
6 names, the dashed line is today
2019202020212022202320242025202620272028
Hidden nameVisible after signing in Director
Name after signing inVisible after signing in Director (not named in the articles)
Name hiddenVisible after signing in Director
Hidden nameVisible after signing in Director (not named in the articles)
Name after signing inVisible after signing in Statutory director
Name hiddenVisible after signing in Director (not named in the articles)
Earliermandate already running before its first mentionend not dated
Mandates as a list
Hidden nameVisible after signing in
Director, until 05-05-2026
Name after signing inVisible after signing in
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
Name hiddenVisible after signing in
Director, until 05-05-2026
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 23-10-2019, last mentioned in 2019
Name after signing inVisible after signing in
Statutory director, appointed by deed of 23-10-2019, last mentioned in 2019
Name hiddenVisible after signing in
Director (not named in the articles), appointed by deed of 23-10-2019, last mentioned in 2019
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.
Annual accounts 2025 filedNBB ↗micro format · 74 days late
3 directors resigningTransfer of 100 shares from Name hiddenVisible after signing in to Hidden nameVisible after signing in · Transfer of 100 shares from Name after signing inVisible after signing in to Name hiddenVisible after signing in · Transfer of 100 shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · General meeting of 07-05-20258 points ▸
General meeting, 07-05-2025
Director resignation, Name hiddenVisible after signing in
Share transfer, Hidden nameVisible after signing in, 100 shares
Director resignation, Name after signing inVisible after signing in
Share transfer, Name hiddenVisible after signing in, 100 shares
Director resignation, Hidden nameVisible after signing in
Share transfer, Name after signing inVisible after signing in, 100 shares
Name hiddenVisible after signing in holds 100 shares
Weakest financial yearnet -€165,858 The net result drops to -€165,858, the lowest from 2021 to 2025.
Annual accounts 2023 filedPDFfull format · 301 days late
Annual accounts 2024 filedPDFfull format · 64 days before the deadline
2024
Equity above €100,000equity €106,152 ▲27.1% With a profit in every financial year since 2021, equity grows to €106,152.
2023
Highest result from 2021 to 2025net €55,838 ▲273% The operating result of €69,943 and the net result of €55,838 are both a record.
Annual accounts 2022 filedPDFfull format · 46 days late
Annual accounts 2021 filedPDFfull format · 391 days late
2022
Liquidity more than doubledcurrent 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: Hidden nameVisible after signing in, Name after signing inVisible after signing in, Name hiddenVisible after signing in and 1 other · Appointments: Hidden nameVisible after signing in (statutory director), Name after signing inVisible after signing in (director), Name hiddenVisible after signing in (director) and Hidden nameVisible after signing in (director) · published on 23-10-201910 points ▸
Founder, Name after signing inVisible after signing in
Founder, Name hiddenVisible after signing in
Founder, Hidden nameVisible after signing in
Founder, Name after signing inVisible after signing in
Founding capital, €2,000, 600 shares
Director appointment, Name hiddenVisible after signing in (statutory director)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 21 October 2019, HAIDUC Construct was incorporated as a private limited company by four natural persons, with a starting capital of €2,000.12Turnover went from €670,399 in 2021 to €290,819 in 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
41201General construction of buildings main activity
43211Specialised construction activities
43221Plumbing
43299Specialised construction activities
43310Plastering work
43320Joinery 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
Projectontwikkeling voor woningbouw
Projectontwikkeling voor appartementsbouw
Projectontwikkeling voor industriebouw
Projectontwikkeling voor kantoorbouw
Bouwpromotie
Toezien op bouwwerkzaamheden(ruwbouw,installaties,afwerking en dergelijke)
Het aanbieden van knowhow in verband met alle technieken in woningen,burelen,appartementen,magazijnen,utiliteitsbouw,enzovoort;de studie,planningen opmaken van offertes
Administratieve dienstenverlening,consultancy en managementactiviteiten zowel voor eigen rekening als voor derden
Het verlenen van adviezen en diensten aan bedrijven of personen
Het verzorgen van logistieke ondersteuning,koerierdienst en goederenvervoer
De vennootschap kan deelnemen aan het bestuur of de vereffening van andere vennootschappen of verenigingen
Verhuur van alle roerende&onroerende goederen en meer in het algemeen van alle roerende en onroerende goederen welke de vennootschap onder haar activa heeft
Tussenpersoon in handel van alle roerende goederen en producten
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
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
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
Warmtepompen en aanverwanten;verwarmingssystemen en aanverwanten
De groot-en kleinhandel in elektrische en andere toestellen
De groot-en kleinhandel in overige bouwmaterialen
De groot-en kleinhandel in nieuwe artikelen
Installatie en onderhoud van elektrische verwarmingsinstallaties
Installatie in gebouwen en andere bouwwerken van apparatuur en leidingen voor verwarming,ventilatie,koeling en klimaatregeling
Installatie in gebouwen en andere bouwwerken van water-en andere sanitaire leidingen en installaties en alle andere loodgieterswerken
Installatie en onderhoud van algemene elektriciteitswerken en elektrotechnische installaties
Installatie en onderhoud van domotica installaties,inbraakbeveiliging,brandbeveiliging,camerabewaking,toegangscontroles
Het uitvoeren van alle schrijnwerk zowel interieur als exterieur en in alle materialen
Aanneming van timmer-en schrijnwerk in de meest ruime zin,schrijnwerkerij voor gebouwen,timmerbedrijf
De fabricatie,aan-en verkoop,in-en uitvoer,groot-en kleinhandel en levering en plaatsing van ramen en deuren en houten constructies
Uitvoeren van isolatiewerkzaamheden
Gyprocwerkzaamheden
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
Het monteren van niet zelfvervaardigde metalen constructiewerken
De uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,enzovoort
Het leveren en plaatsen van allerhande afsluitingen in metaal,hout en kunststof
Het uitvoeren van afbraakwerken van woningen en industriegebouwen
Het verwerken van allerhande afvalproducten en verzamelen en recycleren ervan
Het uitvoeren van alle vloer-en tegelwerken
Het uitvoeren van alle metsel-en betonwerken en chapewerken
Het uitvoeren van schilder-en behangwerken in de meest ruime zin
De industriële reiniging,ontsmetting en onderhoud van allerhande onroerende en roerende goederen
Glazenwasserij
De restauratie,renovatie,onderhoud en reiniging van gebouwen,woningen,handelspanden,bedrijfshallen,magazijnen,kantoren en dit in de ruimste zin
Het reinigen van het interieur van gebouwen,woningen,handelspanden,bedrijfshallen,magazijnen,kantoren en dergelijke
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
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
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
Onroerende en roerende goederen aankopen,verkopen,verhuren,enzovoort,en alle hiermee samenhangende verrichtingen zonder dat deze verrichtingen een activiteit als vastgoedhandelaar mogen uitmaken
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
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
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