Turnover
≈ €240,000 estimated
The micro format states no turnover.
IDD Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €34,894 (2025)
€34,894▲ 133%
peak €20,635 (2025)
€20,635▲ 116%
peak €37,693 (2025)
€37,693▲ 121%
€8,089▲ 74.8%
Board3 names since 2023
3 directorsBIVOL Dorel and 2 others
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €15,004 to €34,894Result from €9,558 to €20,635Equity from €17,058 to €37,693Debts from €4,627 to €8,089Investments €15,000Cash from €8,424 to €15,941
Key points
from the 2025 annual accountsInvestments
€15,000 2.6 × depreciation
Green is investment, beige is depreciation.
Position in the sector
82.3%
Higher solvency than 90% of companies in construction of buildings. Sector median 42.9% · 9,456 companies.
Checked score
69
Healthy
Financially stronger than 91% 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 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.6%
01-2025: 3.8%▲ +0.2 percentage points vs 12-2024
02-2025: 4.1%▲ +0.3 percentage points vs 01-2025
03-2025: 4.2%▲ +0.1 percentage points vs 02-2025
04-2025: 4.6%▲ +0.4 percentage points vs 03-2025
05-2025: 4.6%● unchanged vs 04-2025
06-2025: 5.0%▲ +0.4 percentage points vs 05-2025highest value
07-2025: 5.0%● unchanged vs 06-2025
08-2025: 1.1%▼ -3.9 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▲ +0.1 percentage points vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%● unchanged vs 07-2026
09-2026: 1.6%▲ +0.2 percentage points vs 08-2026
10-2026: 1.0%▼ -0.6 percentage points vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €45,782
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 4.03, cash €15,941
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 92% of them on solvency, 90% on liquidity, 91% on profitability and 90% on growth.
The bankruptcy probability was computed on 08-11-2026 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 IDD 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
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IDD 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.
| 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 IDD 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 of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.03 (3.85 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 34.8% of total assets. 17.7% of the assets are financed with debt and provisions.
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
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
32 days early
2024
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 25 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.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CAZAN Florin-Ionut 25 sharesdeed of 31-10-2023
- IACOBAN Dorin 25 sharesdeed of 31-10-2023
- BIVOL Dorel 25 sharesdeed of 31-10-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001714842
Incorporation
Founding capital of €7,500, 75 shares · Founders: CAZAN Florin-Ionut, IACOBAN Dorin and BIVOL Dorel · Appointments: CAZAN Florin-Ionut, IACOBAN Dorin and BIVOL Dorel · published on 31-10-2023 · Gazette deed
First establishment
Leuvensesteenweg 209, Kortenberg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IDD Construct Kortenberg | €45,782 | €34,894 | 82.3% | - |
| MANFRED&ADRIAN CONSTRUCT Sint-Pieters-Leeuw | €43,700 | €35,885 | 62.0% | - |
| EK & CONSTRUCT Dilbeek | €48,106 | €35,698 | 68.5% | - |
| JH CONSTRUCTIV Grimbergen | €44,072 | €34,709 | 71.4% | - |
| Benjo Renov Sint-Genesius-Rode | €47,092 | €37,683 | 72.3% | - |
| PROF ART DESIGN Zaventem | €46,095 | €38,052 | 55.0% | - |
| BGS ECO TECHNIQUE Drogenbos | €45,885 | €31,464 | 51.6% | - |
These companies have the same main activity as IDD Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €43,700 and €48,100, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 27-10-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.351.255.2543070 Kortenberg, since 27-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €34,894▲ 133%
- €20,635▲ 116%
- €37,693▲ 121%
- €45,782▲ 111%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on IDD Construct
IDD Construct has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,693 and a net result of €20,635.
Its solvency ranks better than 90% of 9,456 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€34,894
▲ 133%
€27,853
▲ 133%
€20,635
▲ 116%
€24,515
▲ 85.7%
82.3%
▲ 3.7 percentage points
4.03
▲ 0.18
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 ≈ €240,000. Estimated: probably between €130,000 and €440,000.
Balance sheet
balance sheet total €45,782 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
82.3%
Higher than 90% of 9,456 companies in 2025.
4.03
Higher than 83% of 9,204 companies in 2025.
45.1%
Higher than 92% of 9,276 companies in 2025.
IDD Construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · 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 | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
45,782 | 21,685 | |
21/28 |
13,178 | 3,857 | |
22/27 |
13,178 | 3,857 | |
24 |
13,178 | 3,857 | |
29/58 |
32,604 | 17,829 | |
40/41 |
16,147 | 9,405 | |
40 |
8,540 | 2,644 | |
41 |
7,607 | 6,761 | |
54/58 |
15,941 | 8,424 | |
490/1 |
516 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
45,782 | 21,685 | |
10/15 |
37,693 | 17,058 | |
10/11 |
7,500 | 7,500 | |
13 |
30,193 | 9,558 | |
133 |
30,193 | 9,558 | |
17/49 |
8,089 | 4,627 | |
42/48 |
8,089 | 4,627 | |
44 |
241 | 2,095 | |
440/4 |
241 | 2,095 | |
45 |
7,000 | 2,400 | |
450/3 |
7,000 | 2,400 | |
47/48 |
848 | 132 | |
| Income statement | |||
9900 |
34,894 | 15,004 | |
630 |
5,678 | 1,928 | |
640/8 |
1,299 | 987 | |
66A |
63 | 137 | |
9901 |
27,853 | 11,952 | |
75/76B |
196 | 178 | |
75 |
196 | 178 | |
65/66B |
391 | 172 | |
65 |
391 | 172 | |
9903 |
27,658 | 11,958 | |
67/77 |
7,023 | 2,400 | |
9904 |
20,635 | 9,558 | |
9905 |
20,635 | 9,558 | |
| Appropriation of the result | |||
9906 |
20,635 | 9,558 | |
691/2 |
20,635 | 9,558 | |
6920 |
20,635 | 9,558 | |
| Document | |||
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 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 33,532 | 13,881 | ||
| 26,313 | 11,487 | ||
| 15,000 | 5,785 | ||
| 7,517 | - | ||
| 24,515 | 13,202 | ||
| 82.3% | 78.7% | ||
| 4.03 | 3.85 | ||
| 0.21 | 0.27 | ||
| 54.7% | 56.0% | ||
| 45.1% | 44.1% | ||
| 85.85 | 80.74 |
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| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €15,000 | €5,785 |
| €5,678 | €1,928 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on IDD Construct
The operating result for 2025 is 133% higher than in 2024.
Debt's share of the balance-sheet total falls from 21.3% to 17.7%. Equity and debt are higher.
Board & ownership
Board
3 directors, since incorporationDirector (not named in the articles)
appointed by deed of 31-10-2023
term without a fixed end
Director (not named in the articles)
appointed by deed of 31-10-2023
term without a fixed end
Director (not named in the articles)
appointed by deed of 31-10-2023
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Titel IV - Bestuur - Controle Artikel 10 - Bestuursorgaan De vennootschap wordt bestuurd door één of meerdere bestuurders, natuurlijke…”deed of 31-10-2023
Mandates through the years
3 names, the dashed line is todayBIVOL Dorel
Director (not named in the articles)
Director (not named in the articles)
CAZAN Florin-Ionut
Director (not named in the articles)
Director (not named in the articles)
IACOBAN Dorin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BIVOL Dorel
- Director (not named in the articles), appointed by deed of 31-10-2023, still in office
- CAZAN Florin-Ionut
- Director (not named in the articles), appointed by deed of 31-10-2023, still in office
- IACOBAN Dorin
- Director (not named in the articles), appointed by deed of 31-10-2023, still in office
Control
Founders
This company
IDD Construct
Equity €37,693
Profit €20,635 in 2025
Capital
- Contribution
- €7,500
- Shares
- 75
- Contribution per share
- €100
- Equity per share
- €503 in 2025
- Source
- deed of 31-10-2023
Articles of association
deed of 31-10-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid verworven aantal, overdracht onder levenden van aandelen of andere effecten die recht…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen-recht van voorkeur, ten minste vijftien dagen te rekenen van dag openstelling intekening”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday 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
Shareholders
At incorporation
deed of 31-10-2023 ↗
- CAZAN Florin-Ionut 25 shares (33.3%) · €2,500
- IACOBAN Dorin 25 shares (33.3%) · €2,500
- BIVOL Dorel 25 shares (33.3%) · €2,500
Network & group
No group
IDD Construct has no parent and no holdings in its annual accounts. IDD Construct shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1001714842
Annual accounts 2024 filed PDFmicro format · 17 days before the deadline
2023
IncorporationFounding capital of €7,500, 75 shares · Founders: CAZAN Florin-Ionut, IACOBAN Dorin and BIVOL Dorel · Appointments: CAZAN Florin-Ionut, IACOBAN Dorin and BIVOL Dorel · published on 31-10-202310 points ▸
- Founder, CAZAN Florin-Ionut (comparant)
- Founder, IACOBAN Dorin (comparant)
- Founder, BIVOL Dorel (comparant)
- Founding capital, €7,500, 75 shares
- 75 shares
- Registered office clause, Leuvensesteenweg 209, 3070 Kortenberg
- Director appointment, CAZAN Florin-Ionut (director (not named in the articles))
- Director appointment, IACOBAN Dorin (director (not named in the articles))
- Director appointment, BIVOL Dorel (director (not named in the articles))
- Permanent representative, BIVOL Dorel
- The deed holds 8 more points.
First establishment Leuvensesteenweg 209, Kortenberg
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1001.714.842
- VAT number
- BE 1001.714.842
- Peppol ID
- 0208:1001714842
- Other Peppol ID
- 9925:BE1001714842
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-10-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00deed of 31-10-2023 (in Dutch)
- Peppol
- Reachable since 10-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- IDD Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-10-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- IDD Constructdeed of 31-10-2023 (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 31-10-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43230
Insulation installation
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43291
Specialised construction activities
43995
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De studie en realisatie van alle algemene bouw van residentiele gebouwen en interieur werken,openbaar en particulier,als algemene aannemer…”deed of 31-10-2023 (in Dutch)
4 activities
- De studie en realisatie van alle algemene bouw van residentiele gebouwen en interieur werken,openbaar en particulier,als algemene aannemer of als onderaannemer;
- Rekening houdend met alle werkzaamheden betreffende de distributie van water,gas,elektriciteit,tec;
- De aankoop,verkoop,verhuur,import,export van alle materialen,goederen,apparaten en gereedschappen die nodig zijn voor de bouw,het onderhoud,het onderhoud,de reparatie en de vernieuwing van technische constructies en gebouwen;
- Het opstellen,opstellen en afsluiten als agent of voor eigen rekening van alle openbare of particuliere werkencontracten of leveringen en alle handelingen verrichten die verband houden met deze objecten;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Leuvensesteenweg 209 registered office 3070 Kortenberg | 27-10-2023 | 2.351.255.254 |
Buildings and parcels at the address
- Ground area
- 360 m²
- Buildings
- 141 m²
- Volume, LiDAR
- 837 m³
- Tallest building
- 10.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24055A0029/00D007 | 360 m² | 1 · 140 m² | 10.9 m · 3 |
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 1001.714.842