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IUL CONSTRUCT

Active General partnershipfounded 2021active for 5 yearsIkaroslaan 1, 1930 ZaventemKBO/BCE: BE 0773.522.441

Lifetime

3 annual accounts with figures on one time axis
peak €40,106 (2025)
€40,106▲ 190%
lowest -€10,494 (2025)
-€10,494▼ €22,168
peak €23,623 (2024)
€10,027▼ 57.6%
€29,875▼ 29.8%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
11-10-202672 days late
2025micro format
Gross margin from €13,806 to €40,106Loss of €10,494Equity from €23,623 to €10,027Debts from €42,585 to €29,875Cash from €109 to €10,355

Key points

from the 2025 annual accounts

Turnover

≈ €280,000 estimated

The micro format states no turnover.

Debts

€29,875 75% of the balance sheet
Suppliers 46%Taxes and wages 54%

Filings

3 annual accounts 72 days
AprilJune31 JulyOctober202320242025

Latest accounts filed late: after the legal deadline.

Position in the sector

-€10,494

Lower net result than 86% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,134 companies had the same profile as IUL CONSTRUCT has now. Each dot stands for 3 companies, two years later.

86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

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 1,134 companies, not a prediction for IUL 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Director
  • 50 sharesdeed of 08-09-2021
  • 50 sharesdeed of 08-09-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0773522441
Registered office moved within Zaventem New registered office: IKAROSLAAN 1, 1930 Zaventem · Previous registered office: Stationsstraat 26, 1930 Zaventem · General meeting of 01-10-2022 · Gazette deed
Registered office moved from Andrelecht to Zaventem New registered office: Stationsstraat 26, 1930 ZAVENTEM · Previous registered office: Rue du Chapeau 3, 1070 Andrelecht · Gazette deed
Incorporation Founding capital of €1,000, 100 shares · Founders: and · Appointment: (manager) · published on 08-09-2021 · Gazette deed
All 10 events

Comparable companies

same main activity, similar in size and age
Company
IUL CONSTRUCT Zaventem €39,902 €40,106 25.1% -
SPANPLAFONDS TAMBUYSER Bilzen-Hoeselt €58,053 €60,220 5.2% -
LUXURY RENOV Evere €55,497 €23,500 40.8% -
NIS PROJECT Asse €98,895 €33,457 22.3% -
JOBATIS Gembloux €78,505 €23,567 45.1% -
YOUTOO HOLDING - BOUWCONSTRUCT - DENTALMAX Antwerp €99,214 €60,651 36.7% -
DECO CONFORT Drogenbos €162,080 €29,625 50.6% -

These companies have the same main activity as IUL CONSTRUCT: general construction of office buildings (NACE 41002). They are comparable in size and age: total assets between €55,500 and €162,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 04-09-2021Normal situation
Registered office
184 active companies are registered at this address21 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
General construction of office buildingsNACE 41002
Establishment unit
2.328.023.0611030 Schaerbeek, since 04-09-2021
Financial year end
31 December
Peppol
Reachable since 03-10-2025
Company details

Annual accounts 2025

€39,902▼ 39.7%
Filing
Filed on 11-10-2026
Financials

Insights on IUL CONSTRUCT

IUL CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €11,844 in 2023 to €40,106 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IUL CONSTRUCT

What is the company number of IUL CONSTRUCT?
The company number of IUL CONSTRUCT is 0773.522.441. The VAT number is the same number with BE in front: BE 0773.522.441.
Where is IUL CONSTRUCT based?
The registered office is at Ikaroslaan 1, 1930 Zaventem.Company details
What does IUL CONSTRUCT do?
According to the KBO register, the main activity is general construction of office buildings (NACE 41002).
What is the legal form of IUL CONSTRUCT?
IUL CONSTRUCT is a general partnership (VOF).
When was IUL CONSTRUCT founded?
IUL CONSTRUCT was founded on 04-09-2021.
Is IUL CONSTRUCT still active?
Yes, IUL CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of IUL CONSTRUCT?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €40,106 and 170 comparable companies (NACE 410). It probably lies between €150,000 and €500,000.Financials
Is IUL CONSTRUCT profitable?
In financial year 2025, IUL CONSTRUCT made a loss of €10,494.
Where can I find the annual accounts of IUL CONSTRUCT?
IUL CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IUL CONSTRUCT due?
IUL CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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