JOHN ART CONSTRUCT
ActiveSummary
JOHN ART CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,397 and a net result of €17,488. Its solvency ranks better than 69% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- €20,397
- Profit
- €17,488
Why 68raises riskSize: turnover €174,111, total assets €31,923Founded in 2023lowers riskLiquidity: current ratio 2.54, cash €9,008Equity €20,397 (63.9% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 70% on solvency, 68% on liquidity, 80% on profitability and 92% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 2.54
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (6 days) Filed on 6 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00106319.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 5.3 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €123,238 | €174,111 | ▲ 41.3% |
| Goods, raw materials, services and sundry goods60/61 | €119,526 | €148,807 | ▲ 24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256 | €937 | ▲ 266% |
| Other operating charges640/8 | €604 | €809 | ▲ 34.1% |
| Gross operating margin9900 | €5,825 | €28,090 | ▲ 382% |
| Operating profit (loss)9901 | €4,966 | €26,344 | ▲ 431% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €1,700 | €2,163 | ▲ 27.2% |
| Recurring financial charges65 | €1,700 | €2,163 | ▲ 27.2% |
| Profit (loss) for the period before taxes9903 | €3,266 | €24,182 | ▲ 641% |
| Income taxes67/77 | €2,357 | €6,694 | ▲ 184% |
| Profit (loss) for the period9904 | €909 | €17,488 | ▲ 19× |
| Profit (loss) for the period to be appropriated9905 | €909 | €17,488 | ▲ 19× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €10,094 | €31,923 | ▲ 216% |
| Fixed assets21/28 | €2,464 | €2,611 | ▲ 6.0% |
| Tangible fixed assets22/27 | €2,284 | €2,431 | ▲ 6.5% |
| Plant, machinery and equipment23 | €1,049 | €1,644 | ▲ 56.7% |
| Furniture and vehicles24 | €1,234 | €787 | ▼ 36.2% |
| Financial fixed assets28 | €180 | €180 | = |
| Current assets29/58 | €7,631 | €29,311 | ▲ 284% |
| Amounts receivable within one year40/41 | €5,647 | €19,468 | ▲ 245% |
| Trade receivables40 | €5,647 | €5,000 | ▼ 11.5% |
| Other amounts receivable41 | - | €14,468 | - |
| Cash at bank and in hand54/58 | €963 | €9,008 | ▲ 835% |
| Deferred charges and accrued income490/1 | €1,020 | €835 | ▼ 18.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €10,094 | €31,923 | ▲ 216% |
| Equity10/15 | €2,909 | €20,397 | ▲ 601% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €909 | €18,397 | ▲ 20× |
| Amounts payable17/49 | €7,186 | €11,526 | ▲ 60.4% |
| Amounts payable within one year42/48 | €7,186 | €11,526 | ▲ 60.4% |
| Trade debts44 | €795 | €4,833 | ▲ 508% |
| Suppliers440/4 | €795 | €4,833 | ▲ 508% |
| Taxes, remuneration and social security45 | €4,364 | €6,694 | ▲ 53.4% |
| Taxes450/3 | €2,364 | €6,694 | ▲ 183% |
| Remuneration and social security454/9 | €2,000 | - | - |
| Other amounts payable47/48 | €2,026 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €909 | €17,488 | ▲ 19× |
| + Depreciation and write-downs630 | €256 | €937 | ▲ 266% |
| Operating cash flow (approximation) | €1,164 | €18,425 | ▲ 16× |
| Investment in fixed assets (approximation) | - | -€1,084 | - |
| Change in cash | - | €8,045 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 06-05-2026 | 2026-00106319 |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00087573 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| TRAINOSCHI Ionut Dumitru |
|
Owners and capital
Capital and shareholders
- TRAINOSCHI Ionut Dumitru sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 18-09-2023 Incorporation · €2,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
31-01
Gazette deed
Amendment of the articlesPower of attorney3 facts ▸
- General meeting, 10-10-2023
- Amendment of the articles
- Power of attorney, Hendrikus Schavemaker
27-10
Gazette deed
Registered officeRegistered-office move4 facts ▸
- General meeting, 10-10-2023
- Registered-office move, 1600 Sint-Pieters-Leeuw, Bergensesteenweg 24 boîte 8
- Other provision, “changement de régime linguistique et transfert de dossier, de plein droit” (deed in French)
- Other provision, “actionnaire unique, adoption de nouveaux statuts en langue néerlandaise” (deed in French)
18-09
Gazette deed
IncorporationAppointment: TRAINOSCHI Ionut Dumitru (sole director) · Founder · Founding capital4 facts ▸
- Incorporation, 08-09-2023
- Founder, TRAINOSCHI Ionut Dumitru
- Founding capital, €2,000
- Director appointment, TRAINOSCHI Ionut Dumitru (sole director)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0805.862.637
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 |
| 21302A0026/00T005 | Brussels | 219 m² | 1 · 85 m² | 13.8 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale du bâtiment,toute activité en construction,maçonnerie,rénovation,menuiserie,peinture,électricité,travaux de…” (deed in French)deed of 18-09-2023
37 activities (deed in French)
- L’entreprise générale du bâtiment,toute activité en construction,maçonnerie,rénovation,menuiserie,peinture,électricité,travaux de toiture,pose de chapes de tout type,travaux de carrelage,poses de chape et placement de cloisons en gyproc
- Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparation,d’embellissement,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- Réalisation de décorations tant intérieures qu’extérieures
- Placement,installation et réparation de tout chauffage tant d’immeubles privés que professionnels,ainsi que les travaux de plomberie sanitaire
- Toute activité se rapportant à l'entreprise de jardin et d'une manière générale toute activité en rapport avec la jardinerie,l'agriculture et l’horticulture
- La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre,de tous marchés de travaux publics ou privés ou de fourniture et faire toutes opérations se rattachant à ces objets
- Librairie
- Entreprise de courrier express
- Tous snacks bars,pizzeria,brasseries,salon de consommation,hôtels,restaurants,tavernes,cafés,discothèques,buffets,vestiaires pour publics,locations de places,salles d’organisation,de banquet et service traiteur
- Garage auto ainsi que la réalisation d’un commerce de voitures d’occasion y compris la location des voitures
- Entreprise de réparation de véhicules automobiles,la réparation des parties mécaniques et électriques
- D’un salon de coiffure
- Entreprise de design
- Entreprise de garde et sécurité
- Nettoyage et l’entretien d’immeubles professionnels ou privé,le nettoyage de vitres et de bureaux
- Travaux de secrétariat,de bureau et travaux administratifs
- Soutien de bureau,conseil
- Transport de marchandises et de personnes
- Le commerce au détail de véhicules automobiles pour le transport de personnes y compris les véhicules automobiles spécialisés (ambulances)
- Services ménagers dans le système des titres services (nettoyage à domicile,lessive,repassage,petits travaux de couture,préparation des repas,services de courses ménagères)
- La fabrication de meubles
- Garderie d’enfants
- L’informatique en général : l’élaboration et la conception de logiciel,la vente et l’achat de matériel informatique et de bureau,ainsi que de consommables de bureau,l’étude de projets informatiques au sens large,et tout ce qui se rapporte directement ou indirectement à l’informatique,la consultance,la formation,la commercialisation des services et de produits,la maintenance hardware et software
- Tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d’entretien,de maintenance,de réparation et de renouvellement des ouvrages d’art et bâtiments
- Tous matériel électrique et électronique,sanitaire et plomberie
- Tous produits alimentaires tels que fruits,légumes,conserves,produits laitiers,produits de la mer,poissons,boucherie,articles de ménage et article cadeaux
- Vidéothèque,location de produits de divertissement,films et tous autres produits assimilés
- Tous textiles en général,vêtements divers,chaussures,cordonnerie,serrurerie,maroquinerie dans le sens le plus large
- Tous produits de l’artisanat en général,tapisserie,y compris les articles du tiers-monde,des meubles
- Tous les articles de parfumerie,de toilette,cosmétiques,produits de beauté,maquillage,ainsi que savons et détergents
- Tous les articles d’horticulture tels que fleurs,plantes,articles de jardinage,aménagement et entretien de jardins et de pépinières
- Tous livres,antiquités,brocantes,objets de décoration,machines industrielles
- Tous appareils électroménagers,tous films de bandes magnétiques,cassettes,tous articles imprimés ou enregistrés permettant leur lecture,vision ou audition
- Tous matériels de bureau et d’informatique
- Tous matériaux de bureau et de l’informatique,téléphones,Gsm,fax
- Tous véhicules neufs et d’occasion,ainsi que leurs pièces détachées
- L’achat et la vente ainsi que la gestion de tout bien immobilier en vue d’une gestion patrimoniale
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 31-01-2024
- Name clauseThe name the company operates under according to its articles.
- JOHN ART CONSTRUCTdeed of 31-01-2024
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)deed of 31-01-2024
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Aantal,duur van opdracht en,indien meerdere bestuurders,hun bevoegdheid, mandaat elke bestuurder onmiddellijk herroepbaar bij beslissing…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of March at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Répartition du boni de liquidation, après apurement de toutes les dettes,charges et frais de liquidation ou après consignation des montants…” (deed in French)