Turnover
≈ €230,000 estimated
The micro format states no turnover.
IZA CONSTRUCT
Lifetime
2 annual accounts with figures on one time axispeak €31,233 (2024)
€18,911▼ 39.5%
peak €16,191 (2024)
€6,088▼ 62.4%
peak €23,280 (2025)
€23,280▲ 35.4%
€34,246▲ 46.7%
Board1 name since 2023
1 directorTEISANU Danut
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €31,233 to €18,911Result from €16,191 to €6,088Equity from €17,191 to €23,280Debts from €23,351 to €34,246Investments €26,397Cash from €3,250 to €6,398
Key points
from the 2025 annual accountsInvestments
€26,397 2.8 × depreciation
Green is investment, beige is depreciation.
At the same address
10 companies
Checked score
51
Fair
Financially stronger than 57% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 4.6%▲ +0.4 percentage points vs 12-2024
02-2025: 5.0%▲ +0.4 percentage points vs 01-2025
03-2025: 5.0%● unchanged vs 02-2025
04-2025: 4.8%▼ -0.2 percentage points vs 03-2025
05-2025: 4.8%● unchanged vs 04-2025
06-2025: 5.1%▲ +0.3 percentage points vs 05-2025
07-2025: 5.3%▲ +0.2 percentage points vs 06-2025
08-2025: 5.3%● unchanged vs 07-2025highest value
09-2025: 3.5%▼ -1.8 percentage points vs 08-2025
10-2025: 3.5%● unchanged vs 09-2025
11-2025: 3.5%● unchanged vs 10-2025
12-2025: 3.5%● unchanged vs 11-2025
01-2026: 3.5%● unchanged vs 12-2025
02-2026: 3.5%● unchanged vs 01-2026
03-2026: 3.5%● unchanged vs 02-2026
04-2026: 3.7%▲ +0.2 percentage points vs 03-2026
05-2026: 3.7%● unchanged vs 04-2026
06-2026: 3.7%● unchanged vs 05-2026
07-2026: 3.9%▲ +0.2 percentage points vs 06-2026
08-2026: 3.1%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 3.1%● unchanged vs 08-2026lowest value
10-2026: 3.1%● unchanged vs 09-2026
11-2026: 3.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €57,526
lowers risk
Figures for financial year 2025 (filed on 06-07-2026)
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 41, micro). It does better than 48% of them on solvency, 44% on liquidity, 64% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 39,278 companies had the same profile as IZA CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IZA CONSTRUCT itself is higher: 3.1% within 12 months. It rests on far more data about IZA CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for IZA 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 tight, with a current ratio of 1.14 (1.11 in 2024), below the usual 1.5. Short-term debt is 39.6% and cash 11.1% of total assets. 59.5% 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 riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
25 days early
2024
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €1,000, 100 shares · Founder: TEISANU Danut (comparant) · Appointment: TEISANU Danut (director) · published on 13-07-2023 · Gazette deed
First establishment
Hortensialaan 13, Grimbergen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IZA CONSTRUCT Grimbergen | - | - | 40.5% | - |
| RONIN CONCEPT Grimbergen | - | - | 77.0% | - |
| ALBATI Zaventem | - | - | 42.0% | - |
| SAUVAGE CONSTRUCT Wezembeek-Oppem | - | - | 32.8% | - |
| NFT decoR Sint-Pieters-Leeuw | - | - | 12.3% | - |
| KAE GROUP Sint-Genesius-Rode | €135,825 | 12.6% | 64.9% | - |
| PEG CONSTRUCT Sint-Pieters-Leeuw | €302,835 | 4.5% | 29.6% | - |
These companies have the same main activity as IZA CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €54,700 and €61,700, founded in 2023.
Official details
Source: KBO- Status
- Active since 11-07-2023Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.347.326.3581853 Grimbergen, since 11-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €57,526▲ 41.9%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on IZA CONSTRUCT
The computed 12-month bankruptcy probability of IZA CONSTRUCT is 3.1% (moderate). The 2025 annual accounts show equity of €23,280 and a net result of €6,088.
Its solvency ranks better than 47% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 IZA CONSTRUCT
- What is the company number of IZA CONSTRUCT?
- The company number of IZA CONSTRUCT is 0803.818.214. The VAT number is the same number with BE in front: BE 0803.818.214.
- Where is IZA CONSTRUCT based?
- The registered office is at Hortensialaan 13, 1853 Grimbergen.Company details
- What does IZA CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of IZA CONSTRUCT?
- IZA CONSTRUCT is a private limited company (BV).
- When was IZA CONSTRUCT founded?
- IZA CONSTRUCT was founded on 11-07-2023.
- Is IZA CONSTRUCT still active?
- Yes, IZA CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of IZA CONSTRUCT?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €18,911 and 263 comparable companies (NACE 41001). It probably lies between €120,000 and €410,000. It is a rough estimate.Financials
- Is IZA CONSTRUCT profitable?
- In financial year 2025, IZA CONSTRUCT made a profit of €6,088.
- Where can I find the annual accounts of IZA CONSTRUCT?
- IZA CONSTRUCT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IZA CONSTRUCT due?
- IZA CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.