Skip to content

IONITA CONSTRUCT

Active
Private limited companyfounded 20223 yrs activeDr. H. Folletlaan 197, 1780 Wemmel, BelgiumKBO/BCE: BE 0795.170.663
Summary

The computed 12-month bankruptcy probability of IONITA CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €52,285 and a net result of €30,781. Its solvency ranks better than 74% of 2097 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency87▼-13
Growth78
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.51 against 3.58 in 2023; short-term debt: 38.1% and cash: 11.7% of total assets), and 38.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
24 d late
2023
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 December 2022, IONITA CONSTRUCT was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€52,285▲ 143%
2023 · €21,504
Total assets
€84,408▲ 204%
2023 · €27,796
Net result
€30,781▲ 62.0%
2023 · €19,004
Working capital
€48,644▲ 200%
2023 · €16,227
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€23,733-€37,011▲ 55.9%
Net result€19,004within the sector's middle half-€30,781within the sector's middle half▲ 62.0%
Equity€21,504within the sector's middle half-€52,285below the sector's middle half▲ 143%
Total assets€27,796below the sector's middle half-€84,408below the sector's middle half▲ 204%
Debt€6,292-€32,123▲ 411%
Working capital€16,227-€48,644▲ 200%
Solvency77.4%above the sector's middle half-61.9%within the sector's middle half▼ 15.4pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2023: €23,733€23,733Net result 2023: €19,004€19,004Operating result 2024: €37,011€37,011Net result 2024: €30,781€30,78120232024€0€10,000€20,000€30,000€40,000Operating result 2023: €23,733€23,700Net result 2023: €19,004€19,000Operating result 2024: €37,011€37,000Net result 2024: €30,781€30,80020232024
The operating result rises in 2024; 2024 is 56% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84,408
Fixed assets €3,641 ▼ 31.0%
Current assets €80,766 ▲ 259%
Equity and liabilities €84,408
Equity €52,285 ▲ 143%
Debt €32,123 ▲ 411%
Debt's share of the balance-sheet total rises from 22.6% to 38.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€38,647▲
2023 · €24,625
Cash flow
€32,417▲
2023 · €19,896
Current ratio
2.51▼
2023 · 3.58
Debt to equity
0.61▲
2023 · 0.29
ROE
58.9%▼
2023 · 88.4%
ROA
36.5%▼
2023 · 68.4%
Interest coverage
292.34▼
2023 · 426.11
Debt ≤ 1 year
€32,123▲
2023 · €6,292
Income taxes
€8,324▲
2023 · €4,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,275 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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€27,796€84,408▲
Fixed assets21/28€5,277€3,641▼
Tangible fixed assets22/27€5,277€3,641▼
Furniture and vehicles24€5,277€3,641▼
Current assets29/58€22,519€80,766▲
Amounts receivable within one year40/41€15,508€70,859▲
Trade receivables40-€11,000
Other amounts receivable41€15,508€59,859▲
Cash at bank and in hand54/58€7,010€9,908▲
Equity and liabilities
Total equity and liabilities10/49€27,796€84,408▲
Equity10/15€21,504€52,285▲
Contributions10/11€2,500€2,500=
Outside capital11€2,500€2,500=
Other1109/19€2,500€2,500=
Reserves13€19,000€19,000=
Distributable reserves133€19,000€19,000=
Profit (loss) carried forward14€4€30,785▲
Amounts payable17/49€6,292€32,123▲
Amounts payable within one year42/48€6,292€32,123▲
Trade debts44€1,339€18,847▲
Suppliers440/4€1,339€7,847▲
Bills of exchange payable441-€11,000
Taxes, remuneration and social security45€4,953€13,276▲
Taxes450/3€4,953€13,276▲
Income statement Code20232024
Remuneration, social security and pensions62€116-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€892€1,636▲
Other operating charges640/8€511€1,804▲
Gross operating margin9900€25,252€40,451▲
Operating profit (loss)9901€23,733€37,011▲
Financial income75/76B€282€2,225▲
Recurring financial income75€282€2,225▲
Financial charges65/66B€58€132▲
Recurring financial charges65€58€132▲
Profit (loss) for the period before taxes9903€23,957€39,104▲
Income taxes67/77€4,953€8,324▲
Profit (loss) for the period9904€19,004€30,781▲
Profit (loss) for the period to be appropriated9905€19,004€30,781▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,004€30,785▲
Profit (loss) brought forward from the previous period14P-€4
Transfer to equity691/2€19,000-
To other reserves6921€19,000-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€116--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€892€1,636▲ 83.4%
Other operating charges640/8€511€1,804▲ 253%
Gross operating margin9900€25,252€40,451▲ 60.2%
Operating profit (loss)9901€23,733€37,011▲ 55.9%
Financial income75/76B€282€2,225▲ 690%
Recurring financial income75€282€2,225▲ 690%
Financial charges65/66B€58€132▲ 129%
Recurring financial charges65€58€132▲ 129%
Profit (loss) for the period before taxes9903€23,957€39,104▲ 63.2%
Income taxes67/77€4,953€8,324▲ 68.1%
Profit (loss) for the period9904€19,004€30,781▲ 62.0%
Profit (loss) for the period to be appropriated9905€19,004€30,781▲ 62.0%
Line20232024Change
Assets
Total assets20/58€27,796€84,408▲ 204%
Fixed assets21/28€5,277€3,641▼ 31.0%
Tangible fixed assets22/27€5,277€3,641▼ 31.0%
Furniture and vehicles24€5,277€3,641▼ 31.0%
Current assets29/58€22,519€80,766▲ 259%
Amounts receivable within one year40/41€15,508€70,859▲ 357%
Trade receivables40-€11,000-
Other amounts receivable41€15,508€59,859▲ 286%
Cash at bank and in hand54/58€7,010€9,908▲ 41.3%
Equity and liabilities
Total equity and liabilities10/49€27,796€84,408▲ 204%
Equity10/15€21,504€52,285▲ 143%
Contributions10/11€2,500€2,500=
Outside capital11€2,500€2,500=
Other1109/19€2,500€2,500=
Reserves13€19,000€19,000=
Distributable reserves133€19,000€19,000=
Profit (loss) carried forward14€4€30,785▲ 729,399%
Amounts payable17/49€6,292€32,123▲ 411%
Amounts payable within one year42/48€6,292€32,123▲ 411%
Trade debts44€1,339€18,847▲ 1,308%
Suppliers440/4€1,339€7,847▲ 486%
Bills of exchange payable441-€11,000-
Taxes, remuneration and social security45€4,953€13,276▲ 168%
Taxes450/3€4,953€13,276▲ 168%
Line20232024Change
Profit (loss) for the period9904€19,004€30,781▲ 62.0%
+ Depreciation and write-downs630€892€1,636▲ 83.4%
Operating cash flow (approximation)€19,896€32,417▲ 62.9%
Investment in fixed assets (approximation)-€0-
Change in cash-€2,898-

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

Timeline · acts, filings and financial milestones

2025
30-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 24 days late
24-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
287 m²
Building footprint
187 m²
Volume, LiDAR
1,908 m³
2 parcels, Brussels, Flanders · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
21 companies at this address See who is registered here
1 establishment unit
IONITA CONSTRUCT
Garibaldistraat 41, 1060 Sint-Gillis (bij-Brussel)General construction of buildings
since 20222.340.491.719
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0604/00X000 Flanders 199 m² 1 · 98 m² 11.3 m · 2 fl.
21562A0190/00Y005 Brussels 88 m² 1 · 88 m² 19.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795170663
Registered 25-12-2025

Register as of 27 September 2026 · Peppol Directory

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