INSTAL OBRA
The computed 12-month bankruptcy probability of INSTAL OBRA is 2.6% (average). The 2024 annual accounts show equity of €4k and a net result of €2k. Equity is shrinking by ~135.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 30% of 779 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4k |
| Net result | €2k |
| Better than sector | 30% |
| Active | 4 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.9% | 38.2% | |
| Net result | €2k | €11k | |
| Equity | €4k | €27k | |
| Gross operating margin | €9k | €27k | |
| Total assets | €19k | €80k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €9k |
| Net profit | €2k |
| Cash flow | €8k |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €19k |
| Equity | €4k |
| Debt | €15k |
| of which ≤ 1y | €8k |
| of which > 1y | €7k |
| Working capital | €-1k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.84 |
| Working capital ratio | -6.3% |
| Solvency | 20.9% |
| Debt / equity | 3.79 |
| Long-term debt ratio | 1.88 |
| Interest coverage | 12.17 |
| Gross margin | — |
| Net margin | — |
| ROA | 11.0% |
| ROE | 52.5% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €19k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €13k |
| Current assets | 29/58 | €6k |
| Amounts receivable within one year | 40/41 | €179 |
| Cash & bank | 54/58 | €6k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €19k |
| Equity | 10/15 | €4k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €1k |
| Amounts payable | 17/49 | €15k |
| Amounts payable after one year | 17 | €7k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €932 |
| Income statement | ||
| Gross operating margin | 9900 | €9k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €755 |
| Result before taxes | 9903 | €2k |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
-
Current11-11-2025 → present
-
Current22-11-2021 → present
Former directors (1)
-
Former— → 11-11-2025
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 19-11-2021 |
| Status | Active |
| Postal code | — |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 62803D0129/00K007 | Wallonia | 224 m² | 1 · 50 m² | 11.0 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-11-2025 1 director appointed, 1 resigning
- Angelov Mario — Bestuurder
- BOUCHAKROUTE El Malki Samir — Bestuurder
Technical details
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"body": "buitengewone_algemene_vergadering",
"date": "2025-11-11",
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{
"body": "algemene_vergadering",
"date": "2025-11-11",
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{
"body": "algemene_vergadering",
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}26-11-2025 All shares are now held by a single shareholder
Technical details
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],
"share_classes_after": []
}26-11-2025 1 director appointed, 1 resigning
- Angelov Mario — Bestuurder
- BOUCHAKROUTE El Malki Samir — Bestuurder
Technical details
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"effective_date": "2025-11-11",
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},
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"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Angelov Mario",
"address": null,
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"effective_date": "2025-11-11",
"evidence_quote": "De Algemene Vergadering van BV INSTAL OBRA heeft unaniem de benoeming van de heer Angelov Mario tot bestuurder aanvaard op 11/11/2025."
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"subject_company": {
"kbo": "0777.517.059",
"name_full": "INSTAL OBRA",
"legal_form": "BV"
}
}26-11-2025 Transaction in capital or shares
Technical details
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"effective_date": "2025-11-11",
"evidence_quote": "De algemene vergadering heeft de overdracht van alle aandelen van de heer BOUCHAKROUTE El Malki Samir aan de heer Angelov Mario goedgekeurd.",
"contribution_type": null
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"subject_company": {
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}
}18-11-2024 Registered office moved from Luik to Sint-Pieters-Leeuw
- 4020 Luik, rue Froidart, 36 → Bergensesteenweg, 24 bus 8 te 1600 Sint-Pieters-Leeuw
Technical details
{
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{
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"notary": {
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}18-11-2024 Registered office moved from Luik to Sint-Pieters-Leeuw
- rue Froidart 36, 4020 Luik → Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw
Technical details
{
"events": [
{
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},
"effective_date": "2024-07-01",
"evidence_quote": "Krachtens een besluit van het bestuursorgaan van 1 juli 2024, heeft de raad van bestuur besloten de adres en het gewest van de maatschappelijke zetel te verplaatsen van 4020 Luik, rue Froidart, 36, naar de volgende adres: Bergensesteenweg, 24 bus 8 te 1600 Sint-Pieters-Leeuw (Vlaams gewest)."
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}
}05-07-2024 Registered office moved from Liège to Sint-Pieters-Leeuw
- Rue Foidart 36, 4020 Liège → Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw
Technical details
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{
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"effective_date": "2024-07-01",
"evidence_quote": "il a \u00E9t\u00E9 d\u00E9cid\u00E9 de transf\u00E9rer l\u2019adresse et la r\u00E9gion du si\u00E8ge social, de l\u2019adresse actuelle : Rue Foidart, 36 \u00E0 4020 Li\u00E8ge, vers la nouvelle adresse suivante : Bergensesteenweg, 24/ bo\u00EEte 8 \u00E0 1600 Sint-Pieters-Leeuw (R\u00E9gion Flamande)."
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"subject_company": {
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}05-07-2024 Registered office moved from Liège to Sint-Pieters-Leeuw
- Rue Foidart 36 : 4020 Liège → Bergensesteenweg, 24/ boîte 8 à 1600 Sint-Pieters-Leeuw (Région Flamande)
Technical details
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"notary": {
"name": "Hospel Christophe",
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},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 05/07/2024 - Annexes du Moniteur belge"
]
}07-09-2023 Transaction in capital or shares
Technical details
{
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"effective_date": "2022-06-30",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale a pris connaissance de la cession de la totalit\u00E9 des parts de Monsieur Bouchakroute Mohammed \u00E0 Monsieur Bouchakroute El Malki Samir. Le transfert des parts est inscrit au registre des actionnaires.",
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],
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"subject_company": {
"kbo": "0777.517.059",
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}
}07-09-2023 All shares are now held by a single shareholder
Technical details
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"body": "algemene_vergadering",
"act_date": "2022-06-30",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-06-30"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0777.517.059",
"name_full": "INSTAL OBRA",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Bouchakroute El Malki Samir",
"role": "aandeelhouder",
"n_shares": null,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Bouchakroute Mohammed",
"role": "aandeelhouder",
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}
],
"share_classes_after": []
}14-12-2021 Bouchakroute Mohammed appointed as director
- Bouchakroute Mohammed — Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bouchakroute Mohammed",
"address": null,
"birth_date": null
},
"effective_date": "2021-11-22",
"evidence_quote": "L\u0027assembl\u00E9e G\u00E9n\u00E9rale a accept\u00E9 \u00E0 l\u0027unanimit\u00E9 la nomination de Monsieur Bouchakroute Mohammed comme administrateur."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.517.059",
"name_full": "INSTAL OBRA",
"legal_form": "SRL"
}
}23-11-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "4020 Li\u00E8ge, Rue Foidart 36",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-03-08",
"name": "Samir BOUCHAKROUTE EL MALKI",
"niss": null,
"address": "4020 Li\u00E8ge, rue Foidart 36"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "Samir BOUCHAKROUTE EL MALKI",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2500,
"subject_company": {
"kbo": "0777.517.059",
"name_full": "INSTAL OBRA",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-11-16",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | INSTAL OBRA |