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IMPAIR SOLUTION

Active
Private limited companyfounded 2024active for 2 yearsMaria-Louizasquare 4, 1000 Brussel, Belgium46 active companies are registered at this addressKBO/BCE: BE 1010.639.040
Summary

The computed 12-month bankruptcy probability of IMPAIR SOLUTION is 6.7% (elevated). The 2025 annual accounts show negative equity (-€2,463) and a net result of -€2,463. Its solvency ranks better than 8% of 2,777 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001Other specialised construction activities NACE 43990
Size
€14,734total assets 2025
Equity
-€2,463
Loss
-€2,463
Turnover not published (abbreviated format)
Financial health
32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.7%
Structure
2025 accounts filed 20 days late
Why 32raises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)No registered site in the KBONegative equity -€2,463Show the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 8% of its sector peers (NACE 41, micro)
Financial strength
Weak
Solvency 8
equity -16.7% of total assets
Liquidity 12
short-term debt 116.7% · cash 9.9%
Profitability 0
return on assets -16.7%
Bankruptcy probability, 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,446 companies, NACE 41, micro)
Last 24 months 07-2025: 6.2%lowest value 08-2025: 6.2%● unchanged vs 07-2025lowest value 09-2025: 6.4%▲ +0.2 percentage points vs 08-2025 10-2025: 6.9%▲ +0.5 percentage points vs 09-2025 11-2025: 7.1%▲ +0.2 percentage points vs 10-2025 12-2025: 7.7%▲ +0.6 percentage points vs 11-2025 01-2026: 7.7%● unchanged vs 12-2025 02-2026: 8.4%▲ +0.7 percentage points vs 01-2026 03-2026: 8.5%▲ +0.1 percentage points vs 02-2026 04-2026: 8.4%▼ -0.1 percentage points vs 03-2026 05-2026: 8.9%▲ +0.5 percentage points vs 04-2026 06-2026: 9.1%▲ +0.2 percentage points vs 05-2026 07-2026: 9.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 9.2%● unchanged vs 07-2026highest value 09-2026: 9.2%● unchanged vs 08-2026highest value 10-2026: 6.7%▼ -2.5 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.3, below 1; short-term debt: 116.7% and cash: 9.9% 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 41, micro): better than 8% on solvency, 11% on liquidity and 5% on profitability.

The bankruptcy probability was computed on 28-10-2026 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

Six signals.
raises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Negative equity -€2,463
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-02-2026, 20 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 · 1 filing
Deviation from the deadline
2025
20 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: CARLOS SANTANAS DE JESUS (administrateur…Appointment: NICOLAS VANRYSSELBERGHE (administrateur gérant)…
  3. IncorporationAppointment: SANTANA de JESUS Carlos…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (20 days) Filed on 20 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00042165.

Equity
-€2,463
Total assets
€14,734
Net result
-€2,463
Working capital
-€12,119

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €12,690
Fixed assets €7,612
Current assets €5,078
Equity and liabilities
Equity-€2,463
Debt€17,197
Equity is negative: debt (€17,197) exceeds the balance-sheet total (€14,734).
Key figures and ratios
2025 value
EBITDA
-€1,397
Cash flow
-€1,397
Solvency
-16.7%
Current ratio
0.30
ROA
-16.7%
Interest coverage
-283.96
Debt
€17,197
Debt ≤ 1 year
€17,197
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€14,734
Formation expenses20€2,044
Fixed assets21/28€7,612
Tangible fixed assets22/27€7,612
Furniture and vehicles24€7,612
Current assets29/58€5,078
Amounts receivable within one year40/41€3,622
Other amounts receivable41€3,622
Cash at bank and in hand54/58€1,456
Equity and liabilities
Total equity and liabilities10/49€14,734
Equity10/15-€2,463
Profit (loss) carried forward14-€2,463
Amounts payable17/49€17,197
Amounts payable within one year42/48€17,197
Trade debts44€13,533
Suppliers440/4€13,533
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€2,251
Remuneration and social security454/9€2,251
Other amounts payable47/48€413
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,066
Other operating charges640/8€395
Non-recurring operating charges66A€400
Gross operating margin9900-€602
Operating profit (loss)9901-€2,463
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903-€2,463
Profit (loss) for the period9904-€2,463
Profit (loss) for the period to be appropriated9905-€2,463
Appropriation of the result
Profit (loss) to be appropriated9906-€2,463

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,066
Other operating charges640/8€395
Non-recurring operating charges66A€400
Gross operating margin9900-€602
Operating profit (loss)9901-€2,463
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903-€2,463
Profit (loss) for the period9904-€2,463
Profit (loss) for the period to be appropriated9905-€2,463
Line2025
Assets
Total assets20/58€14,734
Formation expenses20€2,044
Fixed assets21/28€7,612
Tangible fixed assets22/27€7,612
Furniture and vehicles24€7,612
Current assets29/58€5,078
Amounts receivable within one year40/41€3,622
Other amounts receivable41€3,622
Cash at bank and in hand54/58€1,456
Equity and liabilities
Total equity and liabilities10/49€14,734
Equity10/15-€2,463
Profit (loss) carried forward14-€2,463
Amounts payable17/49€17,197
Amounts payable within one year42/48€17,197
Trade debts44€13,533
Suppliers440/4€13,533
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€2,251
Remuneration and social security454/9€2,251
Other amounts payable47/48€413
Line2025
Profit (loss) for the period9904-€2,463
+ Depreciation and write-downs630€1,066
Operating cash flow (approximation)-€1,397

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 abbreviated format 20-02-2026 2026-00042165

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,354. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2025
SANTANA de JESUS Carlos
Director · since 25-06-2024
Current
NICOLAS VANRYSSELBERGHE
Administrateur gérant · since 01-08-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

3 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SANTANA de JESUS Carlos
  • Director, from 25-06-2024 to date
NICOLAS VANRYSSELBERGHE
  • Administrateur gérant, from 01-08-2025 to date
CARLOS SANTANAS DE JESUS
  • Administrateur gérant, until 26-08-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 25-06-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 25-06-2024 Incorporation · €2,500 · 2,500 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 21 June 2024, IMPAIR SOLUTION was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 Of the 2 current board members, SANTANA de JESUS Carlos has served longest, since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
20-02
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 20 days late
2025
26-08
Gazette deed Resignation: CARLOS SANTANAS DE JESUS (administrateur gérant)
Appointment: NICOLAS VANRYSSELBERGHE (administrateur gérant) · Share transfer · Power of attorney4 facts ▸
  • Share transfer, CARLOS SANTANAS DE JESUS → NICOLAS VANRYSSELBERGHE
  • Director resignation, CARLOS SANTANAS DE JESUS (administrateur gérant)
  • Director appointment, NICOLAS VANRYSSELBERGHE (administrateur gérant)
  • Power of attorney, FIDALMI
2024
25-06
Gazette deed Incorporation
Appointment: SANTANA de JESUS Carlos (director) · Founder · Founding capital6 facts ▸
  • Other provision, “droit commun, Code des sociétés et des associations pour tout non prévu” (deed in French)
  • Director appointment, SANTANA de JESUS Carlos (director)
  • Incorporation, 20-06-2024
  • Founder, SANTANA de JESUS Carlos
  • Founding capital, €2,500
  • Capital
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded21-06-2024
Financial year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
41002General construction of office buildings
41003General construction of other non-residential buildings
43221Plumbing work
43310Plastering work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010639040
Also 9925:BE1010639040
Registered 21-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 1010.639.040

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel
exact location from the address register On OpenStreetMap
Ground area
741 m²
Building footprint
338 m²
Building volume
9,253 m³
Parcel 21805E0093/00D002, Brussels · tallest building 32.6 m. Linked by address, not a title deed.
46 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21805E0093/00D002 Brussels 741 m² 1 · 338 m² 32.6 m · 10
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, sièges administratifs créés en Belgique ou à l’étranger par décision de l’organe d’administration” (deed in French)

deed of 25-06-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 25-06-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Commun accord,défaut expert choisi commun accord,défaut président tribunal entreprise siège siégeant comme en référé à requête partie plus…” (deed in French)
Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
“Émettre actions nouvelles,obligations convertibles ou droits de souscription, jour fixé par la loi comme point de départ” (deed in French)

deed of 25-06-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 25-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Forme,registre et indivisibilité des titres – Article 9, organe délivre extrait-certificat à demande du titulaire inscrit” (deed in French)
Other provision: “Chacune individuellement,conjointement ou collégialement, gestion journalière et représentation concernant cette gestion,comprend actes et…” (deed in French)
Other provision: “Représentant permanent personne morale – Article 12.3, solidairement mêmes responsabilités civiles et pénales comme si exercé en nom et pour…” (deed in French)
Other provision: “Fonctionnement organe d'administration collégial – Article 13, moitié au moins membres présents ou représentés” (deed in French)
Other provision: “Un ou plusieurs, commissaire(s)” (deed in French)
Other provision: “18 heures, assemblée générale” (deed in French)
Other provision: “Distribution et acomptes sur dividendes, organe d’administration peut distribuer bénéfice exercice en cours ou précédent tant que comptes…” (deed in French)
Other provision: “Élection de domicile, chaque membre organe d’administration ou délégué gestion journalière peut élire domicile au siège pour questions…” (deed in French)
Other provision: “Augmentation du patrimoine,apports supplémentaires et droit de préférence, patrimoine peut être augmenté;apports supplémentaires contre…” (deed in French)
3 more provisions in the deed, see the deed of 25-06-2024

deed of 25-06-2024