Turnover
≈ €260,000 estimated
The micro format states no turnover.
IOAN CONSTRUCT
Overview
Lifetime
4 annual accounts with figures on one time axispeak €19,273 (2025)
€19,273▲ 681%
peak €15,491 (2022)
€11,780▲ 687%
peak €16,524 (2025)
€16,524▲ 248%
€6,404▼ 6.0%
Board1 name since 2023
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €2,469 to €19,273Result from €1,497 to €11,780Equity from €4,744 to €16,524
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 88% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025
04-2025: 1.5%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%▼ -0.5 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.5%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.0%▼ -0.5 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.5 percentage points vs 07-2026
09-2026: 0.5%▼ -0.9 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €22,928
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 3.36, cash €9,236
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 43, micro). It does better than 78% of them on solvency, 86% on liquidity, 92% on profitability and 97% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as IOAN CONSTRUCT has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of IOAN CONSTRUCT itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 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 34,693 companies, not a prediction for IOAN 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 €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.36 (1.47 in 2024), above the usual 1.5. Short-term debt is 27.9% and cash 40.3% of total assets. 27.9% 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 risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 days late
2024
30 days late
2023
28 days late
2022
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 30 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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. The company usually files around 30 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- Ciorba loan Petre 98 sharesdeed of 27-10-2023
- CIORBA Mihaela Maria 2 sharesdeed of 27-10-2023
- Ciorba Mihaela Monica Roxanadeed of 27-10-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0659791822
Share transfer
Transfer of 48 shares from Ciorba loan Lucian to Ciorba loan Petre · Transfer of 2 shares from Ciorba Mihaela Monica Roxana to Ciorba loan Petre · Ciorba loan Petre holds 98 shares · Board meeting of 12-10-2023 · Gazette deed
Change of role: CIORBA Ioan, from gérant de la société en commandite to director
Legal-form conversion: from limited partnership to private limited company · General meeting of 28-03-2023 · Gazette deed
Incorporation
published on 01-08-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IOAN CONSTRUCT Schaerbeek | €22,928 | €19,273 | 72.1% | - |
| L&L DESING Anderlecht | €26,054 | €15,963 | 47.7% | - |
| FLORES CSP Rebecq | €19,552 | €19,000 | 80.6% | - |
| PERFEKT VLOER Ninove | €25,259 | €16,657 | 53.4% | - |
| TG CONSTRUCT Berchem-Sainte-Agathe | €31,708 | €18,857 | 55.7% | - |
| R.A. Cloison Brussels | €26,049 | €13,571 | 49.8% | - |
| VVK Anderlecht | €35,151 | €20,332 | 55.5% | - |
These companies have the same main activity as IOAN CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €19,600 and €35,200, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 19-07-2016Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.256.276.3191030 Schaerbeek, since 19-07-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 17-09-2025
Annual accounts 2025
- €19,273▲ 681%
- €11,780▲ 687%
- €16,524▲ 248%
- €22,928▲ 98.4%
- Filing
- Filed on 31-08-2026
Insights on IOAN CONSTRUCT
IOAN CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €16,190 in 2022 to €19,273 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€19,273
▲ 681%
€17,725
▲ 822%
€11,780
▲ 687%
€15,113
▲ 369%
72.1%
▲ 31.0 percentage points
3.36
▲ 1.89
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 ≈ €260,000. Estimated: probably between €140,000 and €490,000.
Balance sheet
balance sheet total €22,928 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
72.1%
Higher than 77% of 35,156 companies in 2025.
3.36
Higher than 75% of 34,529 companies in 2025.
51.4%
Higher than 95% of 34,730 companies in 2025.
IOAN CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · 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 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
22,928 | 11,559 | 3,419 | 5,817 | |
21/28 |
1,411 | 1,520 | 616 | 983 | |
22/27 |
1,411 | 1,520 | 616 | 983 | |
23 |
1,411 | 1,520 | 616 | 983 | |
29/58 |
21,517 | 10,039 | 2,803 | 4,834 | |
40/41 |
10,780 | 10,039 | 2,803 | 4,266 | |
40 |
- | 9,656 | - | 3,839 | |
41 |
10,780 | 383 | 2,803 | 427 | |
54/58 |
9,236 | - | - | 568 | |
490/1 |
1,501 | - | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
22,928 | 11,559 | 3,419 | 5,817 | |
10/15 |
16,524 | 4,744 | 3,247 | 2,306 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
13 |
14,900 | 3,900 | 2,500 | 2,500 | |
133 |
14,900 | 3,900 | 2,500 | 2,500 | |
14 |
624 | -156 | -253 | -1,194 | |
16 |
- | - | - | 3,500 | |
160/5 |
- | - | - | 3,500 | |
164/5 |
- | - | - | 3,500 | |
17/49 |
6,404 | 6,815 | 172 | 10 | |
42/48 |
6,404 | 6,815 | 172 | 10 | |
44 |
414 | 23 | 172 | 10 | |
440/4 |
414 | 23 | 172 | 10 | |
45 |
5,990 | 425 | - | - | |
450/3 |
5,990 | 425 | - | - | |
47/48 |
- | 6,367 | - | - | |
| Income statement | |||||
9900 |
19,273 | 2,469 | 1,633 | 16,190 | |
630 |
1,149 | 547 | 366 | 116 | |
640/8 |
400 | - | 384 | 348 | |
9901 |
17,725 | 1,922 | 882 | 15,726 | |
75/76B |
122 | - | 67 | 0 | |
75 |
122 | - | 67 | 0 | |
65/66B |
90 | - | 8 | 235 | |
65 |
90 | - | 8 | 235 | |
9903 |
17,757 | 1,922 | 940 | 15,491 | |
67/77 |
5,977 | 425 | - | - | |
9904 |
11,780 | 1,497 | 940 | 15,491 | |
9905 |
11,780 | 1,497 | 940 | 15,491 | |
| Appropriation of the result | |||||
9906 |
11,624 | 1,244 | -253 | -1,194 | |
14P |
-156 | -253 | -1,194 | -16,685 | |
691/2 |
11,000 | 1,400 | - | - | |
6921 |
11,000 | 1,400 | - | - | |
| 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 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00502914.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 18,874 | 2,469 | 1,248 | 15,842 | ||
| 12,929 | 2,044 | 1,307 | 15,608 | ||
| 1,040 | 1,450 | 0 | 1,099 | ||
| 15,113 | 3,224 | 2,631 | 4,824 | ||
| 72.1% | 41.0% | - | 39.7% | ||
| 3.36 | 1.47 | - | - | ||
| 0.39 | 1.44 | - | 0.00 | ||
| 71.3% | 31.6% | - | 671.7% | ||
| 51.4% | 13.0% | - | 266.3% | ||
| over 100 | - | over 100 | 67.51 |
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 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,040 | €1,450 | - | €1,099 |
| €1,149 | €547 | €366 | €116 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on IOAN CONSTRUCT
The operating result for 2025 is 9.2 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 59.0% to 27.9%. Equity is higher and debt is lower.
Board & ownership
Board
Last change in 2023- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 12. Représentation externe Chaque administrateur - aussi lorsqu'il y en a plusieurs - représente la société vis-à-vis de tiers…”deed of 04-04-2023
Mandates through the years
1 name, the dashed line is todayCIORBA Ioan
Director
Director
Earlier
Mandates as a list
- CIORBA Ioan
- Director, appointed by deed of 04-04-2023, until 04-04-2023
Control
Shareholders
Ciorba loan Petre, CIORBA Mihaela Maria, Ciorba Mihaela Monica Roxana
and 1 other
This company
IOAN CONSTRUCT
Equity €16,524
Profit €11,780 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €165 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 04-04-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 18:00
Shareholders
Stated in the deed
deed of 27-10-2023 ↗
- Ciorba loan Petre 98 shares
- CIORBA Mihaela Maria 2 shares
- Ciorba Mihaela Monica Roxana
- Ciorba loan Lucian
Share transfer
deed of 27-10-2023 ↗
- Ciorba loan Lucian to Ciorba loan Petre 48 shares
- Ciorba Mihaela Monica Roxana to Ciorba loan Petre 2 shares
Capital transactions
Capital over time
- 27-10-2023 Capital stated in the deed · 100 shares
- 04-04-2023 Converted to available equity
Network & group
No group
IOAN CONSTRUCT has no parent and no holdings in its annual accounts.
At the same address
Plantenstraat 122, 1030 Schaerbeek · 1 other company| Tiution, Grigor (sole trader)
establishment since 05-11-2018 |
founded in 2018 0712.975.140 |
Connections & network
See the function holders in the KBO register.
Timeline
Timeline
11 events since 2016Board
Capital
Filings
Financial
Establishments
Address
201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Liquidity more than doubled current ratio 3.36 The current ratio rises from 1.47 to 3.36. Short-term debt falls from €6,815 to €6,404.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0659791822
Annual accounts 2024 filed PDFmicro format · 30 days late
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Weakest financial year net €940 ▼93.9% The net result drops to €940, the lowest from 2022 to 2025. It recovers the following year.
Share transferTransfer of 48 shares from Ciorba loan Lucian to Ciorba loan Petre · Transfer of 2 shares from Ciorba Mihaela Monica Roxana to Ciorba loan Petre · Ciorba loan Petre holds 98 shares · Board meeting of 12-10-20238 points ▸
- Board meeting, 12-10-2023
- Share transfer, Ciorba loan Lucian → Ciorba loan Petre, 48 shares
- Share transfer, Ciorba Mihaela Monica Roxana → Ciorba loan Petre, 2 shares
- Ciorba loan Petre holds 98 shares
- CIORBA Mihaela Maria holds 2 shares
- Ciorba Mihaela Monica Roxana is a shareholder
- Ciorba loan Lucian is a shareholder
- 100 shares
- The deed holds 1 more point.
Annual accounts 2022 filed PDFmicro format · 30 days late
Change of role: CIORBA Ioan, from gérant de la société en commandite to directorLegal-form conversion: from limited partnership to private limited company · General meeting of 28-03-20235 points ▸
- General meeting, 28-03-2023
- Legal-form conversion, from limited partnership to private limited company
- 100 shares
- Director resignation, CIORBA Ioan (gérant de la société en commandite)
- Director appointment, CIORBA Ioan
- The deed holds 7 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0659.791.822
- VAT number
- BE 0659.791.822
- Peppol ID
- 0208:0659791822
- Other Peppol ID
- 9925:BE0659791822
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-07-2016
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 18:00deed of 04-04-2023 (in French)
- Peppol
- Reachable since 17-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- IOAN CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-04-2023 (in French)
Activities
NACEBEL 202543990
Other specialised construction activities main activity
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Tous travaux de construction,d’aménagement de toiture,revêtement de soi et autres,restauration,d’entretien,de transformation d’immeubles…”deed of 04-04-2023 (in French)
23 activities
- Tous travaux de construction,d’aménagement de toiture,revêtement de soi et autres,restauration,d’entretien,de transformation d’immeubles ainsi que le rejointage,sablage de façades,sablage industriel
- Tous travaux de terrassement,l’aménagement de parcs et jardins,le placement de clôtures
- Tous travaux de jardinage
- Entreprise générale de construction (gros œuvre et mis sous toit) et notamment la coordination des sous-traitants
- L’entreprise de travaux d’égouts
- L’entreprise de travaux de démolition de bâtiments et d’ouvrages d’art
- Tous travaux hydrauliques,de drainage,pose de câbles et canalisations diverses,tuyauteries industrielles
- Travaux de route et construction d’ouvrage d’art non métalliques,travaux de voies ferrées,signalisation routière
- Isolation thermique et acoustique
- Constructions métalliques et ouvrages d’art métalliques
- Tous travaux de plafonnage,travail de la pierre de taille,de marbrerie,charpenterie,menuiserie et menuiserie métallique,chauffage central,installations sanitaires,plomberie-zinguerie
- Tous les travaux dans le domaine de la décoration interne et externe d’immeubles
- Tous les travaux dans le domaine du bois et de la charpenterie
- Tous les travaux dans le domaine de la vitrerie,portes et fenêtres
- Commerce de détail de matériaux de construction
- Toutes activités relatives à la construction
- Les activités relatives à l’exécution totale ou partielle de travaux de parachèvement ou la coordination de ceux-ci lors de leur exécution par sous-traitance,les activités d’intermédiaire commercial sauf le courtage en assurances
- Le nettoyage de bâtiments,tels que bureaux,appartements
- Le commerce en gros et en détail,l’import et l’export
- Nettoyage et entretien,en règle générale,de tous immeubles professionnels ou privés,et de biens meubles,ainsi que le négoce de produits d’entretien,la location de matériel de nettoyage,la location et le nettoyage d’habits de travail,de tous vêtements,ainsi que des tapis
- L’aide à domicile des particuliers de nature ménagère,à savoir : le nettoyage de l’habitation,le nettoyage des vitres,la lessive,le repassage,des petits travaux de couture (raccommodage),la préparation des repas,faire les courses afin de répondre aux besoins journaliers,accompagner les personnes à mobilité réduite et toute autre activité dans le cadre de titres-services
- Le commerce de tous articles de parfumerie,de bijouterie de fantaisie,de vêtements,sous-vêtements,bas et linges ainsi que de gadgets
- Tous les activités dans le cadre de la profession médicale générale
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Plantenstraat 122 registered office 1030 Schaerbeek 25110 Manufacture of metal structures and parts of structures | 19-07-2016 | 2.256.276.319 |
Buildings and parcels at the address
- Ground area
- 114 m²
- Buildings
- 97 m²
- Volume, LiDAR
- 1,496 m³
- Tallest building
- 18.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21908E0006/00T008 | 114 m² | 1 · 97 m² | 18.2 m · 5 |
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 0659.791.822