IBN CONSTRUCT

Active

Private limited companyfounded 2021active for 5 yearsEmile Carpentierstraat 37, 1070 Anderlecht, BelgiumKBO/BCE: BE 0770.987.870

Summary

The computed 12-month bankruptcy probability of IBN CONSTRUCT is 8.2% (elevated). The 2024 annual accounts show negative equity (-€6,162) and a net result of -€57,299. Equity is shrinking by about 58% per year across the filed financial years. Its solvency ranks better than 14% of 19,152 sector peers (NACE 68, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

IBN CONSTRUCTActiveChecked score 31/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

Size

€80,230total assets 2024

Equity: -€6,162
Loss: -€57,299

Turnover not published (micro format)

Financial health

31 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 8.2%

Structure

MARINOV ROSEN IVANOVDirector

2025 accounts not filed, 85 days past the deadline2 of 3 deeds summarised

Why 31raises risk1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 10-10-2025)No registered site in the KBOlowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024

31 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 9% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 17-42

equity -7.7% of total assets

Liquidity 12-33

short-term debt 81.0% · cash 4.8%

Profitability 0-80

return on assets -71.4%

Bankruptcy probability, 12 months

8.2% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,608 companies, NACE 68, micro)

Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.5 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.0%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025lowest value 08-2025: 2.9%▲ +0.9 percentage points vs 07-2025 09-2025: 3.7%▲ +0.8 percentage points vs 08-2025 10-2025: 6.4%▲ +2.7 percentage points vs 09-2025 11-2025: 6.0%▼ -0.4 percentage points vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 5.9%▼ -0.1 percentage points vs 12-2025 02-2026: 5.9%● unchanged vs 01-2026 03-2026: 5.9%● unchanged vs 02-2026 04-2026: 5.9%● unchanged vs 03-2026 05-2026: 5.7%▼ -0.2 percentage points vs 04-2026 06-2026: 5.8%▲ +0.1 percentage points vs 05-2026 07-2026: 4.3%▼ -1.5 percentage points vs 06-2026 08-2026: 5.4%▲ +1.1 percentage points vs 07-2026 09-2026: 6.1%▲ +0.7 percentage points vs 08-2026 10-2026: 8.2%▲ +2.1 percentage points vs 09-2026highest value

No credit on open account

Liquidity tight (current ratio 1.13, compared with 1.73 in 2023, below the usual 1.5; short-term debt: 81% and cash: 4.8% of total assets), and equity is negative.

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 68, micro): better than 14% on solvency, 11% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

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Signals

Seven signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 10-10-2025)

NBB · annual accounts

No registered site in the KBO

KBO · seat and establishments

Sector: Real estate activities (NACE 68)

KBO

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year -€6,162

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 3 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

2024 accounts filed 71 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 3 filings

Deviation from the deadline

2025

not filed

2024

71 days late

2023

64 days late

2022

137 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 91 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-08-2026 Resignation: Saad Arbia (director)Appointment: MARINOV ROSEN IVANOV (director)…
10-10-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Weakest financial yearnet -€57,299

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€6,162 View
Caution: From profit to loss in 2024after €13,219 in 2023 -€57,299 View
Caution: Among the weakest 9% on net resultsector median €4,583 · 19,140 companies -€57,299 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View

By topic

Financials

Financial year: 2024
Total assets: €80,230
Loss: -€57,299
Solvency: -7.7%

Total assets▼ 47.4%

Net result

20222024

Go to Financials

Board & ownership

Board: 1 member

MARINOV ROSEN IVANOVDirector

Go to Board & ownership

Timeline

Events: 6
Since: 2023

03-10-2024Annual accounts filed
04-06-2024Registered office
15-12-2023Annual accounts filed

Go to Timeline

Company details

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 09-07-2021
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Key facts about IBN CONSTRUCT

What is the company number of IBN CONSTRUCT?: 0770.987.870. In Belgium the VAT number is the company number with BE in front: BE 0770.987.870.
Where is IBN CONSTRUCT based?: The registered office is at Emile Carpentierstraat 37, 1070 Anderlecht.Company details
What does IBN CONSTRUCT do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of IBN CONSTRUCT?: Private limited company (BV).
When was IBN CONSTRUCT founded?: On 09-07-2021.
Is IBN CONSTRUCT still active?: Yes, IBN CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of IBN CONSTRUCT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is IBN CONSTRUCT profitable?: In financial year 2024, IBN CONSTRUCT made a loss of €57,299.
Where can I find the annual accounts of IBN CONSTRUCT?: IBN CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.