K&M Construct
ActiveSummary
The computed 12-month bankruptcy probability of K&M Construct is 2.7% (moderate). The 2024 annual accounts show equity of €251,797 and a net result of €244,890. Its solvency ranks better than 93% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-12-2022 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.339.780.847 2020 Antwerpen, since 12-12-2022
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
- Gross margin
- €306,463
- ▲ 305×
- Turnover
- ≈ €690,000
- estimated
- Profit
- €244,890
- ▲ 346×
- Equity
- €251,797
- ▲ 114×
- Total assets
- €288,564
- ▲ 15×
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 48 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 16-04-2025)Size: total assets €288,564lowers riskLiquidity: current ratio 7.85, cash €90,970Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 92% of them on solvency, 89% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
The company filed its last 2 accounts on average 72 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 (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 17-09-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is 305 times that of 2023.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €46,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €44,996 | - | - |
| Other operating charges640/8 | - | €348 | - |
| Gross operating margin9900 | €1,004 | €306,463 | ▲ 305× |
| Operating profit (loss)9901 | €1,004 | €306,115 | ▲ 305× |
| Financial charges65/66B | €61 | €0 | ▼ 100% |
| Recurring financial charges65 | €61 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €942 | €306,115 | ▲ 325× |
| Income taxes67/77 | €236 | €61,225 | ▲ 260× |
| Profit (loss) for the period9904 | €707 | €244,890 | ▲ 346× |
| Profit (loss) for the period to be appropriated9905 | €707 | €244,890 | ▲ 346× |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,221 | €288,564 | ▲ 15× |
| Current assets29/58 | €19,221 | €288,564 | ▲ 15× |
| Amounts receivable within one year40/41 | €19,220 | €178,391 | ▲ 828% |
| Trade receivables40 | €11,800 | €130,738 | ▲ 11× |
| Other amounts receivable41 | €7,420 | €47,653 | ▲ 542% |
| Cash at bank and in hand54/58 | €1 | €90,970 | ▲ 115,152× |
| Deferred charges and accrued income490/1 | - | €19,203 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,221 | €288,564 | ▲ 15× |
| Equity10/15 | €2,207 | €251,797 | ▲ 114× |
| Contributions10/11 | €1,500 | €6,200 | ▲ 313% |
| Profit (loss) carried forward14 | €707 | €245,597 | ▲ 347× |
| Amounts payable17/49 | €17,014 | €36,767 | ▲ 116% |
| Amounts payable within one year42/48 | €17,014 | €36,767 | ▲ 116% |
| Trade debts44 | €12,924 | €16,644 | ▲ 28.8% |
| Suppliers440/4 | €12,924 | €16,644 | ▲ 28.8% |
| Taxes, remuneration and social security45 | €466 | €20,123 | ▲ 43× |
| Taxes450/3 | €466 | €20,123 | ▲ 43× |
| Other amounts payable47/48 | €3,624 | €0 | ▼ 100% |
Historical observation
In July 2024, 39,278 companies had the same profile as K&M Construct has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of K&M Construct itself is higher: 2.7% within 12 months. It rests on far more data about K&M Construct than the profile alone.
Test of the method
The method was tested on the 497,446 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 K&M 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.
Board & ownership
Directors
Owners and capital
Shareholders
- to SVILEN ARNAUDOV 100%
- BILDIRICI Mehmet Akif 100 shares (100%) · €1,500
Capital transactions
- 14-12-2022 Incorporation · €1,500 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SVILEN ARNAUDOV |
|
| Ali MOHAMAD |
|
| BILDIRICI Mehmet Akif |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid”“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering met absolute meerderheid of enige aandeelhouder…”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “100, voor inbrengen”“Op naam, aandeelhouders mogen kennis nemen betreffende hun effecten”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…”
Articles of association, deed of 14-12-2022 (in Dutch)
Network & group
K&M Construct shares no director with another company.
Companies at the same address
5 other companies- GIMAR Registered office · since 2024 0466576631
- CHAPEWERKEN SAS Registered office · since 2023 0795967845
- QUINCAILLERIE24 Registered office · since 2018 0696636875
- BSVG Registered office · since 2007 0891467612
- AHMET AYTAC TAPIJT- EN KILIMHERSTELLINGEN EN HANDEL, IMPORT EN EXPORT VAN TEXTIELPRODUKTEN Establishment · since 1997 0462286954
Connections & network
1 current directorThe network starts from the directors of K&M Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-03
Gazette deed
Registered office moved from Zaventem to AntwerpenNew seat: 23 Gasstraat 2060 Antwerpen · Previous seat: Imperiastraat 8, 1930 Zaventem · Resignation: Ali MOHAMAD (director)5 points ▸
- General meeting, 31-01-2024
- Share transfer, SVILEN ARNAUDOV
- Director resignation, Ali MOHAMAD (director)
- Director appointment, SVILEN ARNAUDOV (director)
- Registered-office move, 23 Gasstraat 2060 Antwerpen
10-10
Gazette deed
Registered office moved from Antwerpen to ZaventemNew seat: Imperiastraat 8, 1930 Zaventem · Previous seat: Sint-Bernardsesteenweg 239, 2020 Antwerpen · Resignation: Bildirici Mehmet Akif (director)5 points ▸
- General meeting, 31-08-2023
- Other provision, “overdracht van alle aandelen, goedgekeurd” (deed in Dutch)
- Director resignation, Bildirici Mehmet Akif (director)
- Director appointment, Ali Mohamad (director)
- Registered-office move, Imperiastraat 8,1930 Zaventem
14-12
Gazette deed
IncorporationStarting capital €1,500 · Appointment: BILDIRICI Mehmet Akif (director) · Founder6 points ▸
- Incorporation, “K&M Construct” (deed in Dutch)
- Founder, BILDIRICI Mehmet Akif
- Founding capital, €1,500
- Bank account, “vennootschap in oprichting, deponering stortingen” (deed in Dutch)
- Other provision, “vaststelling statuten, statuten vastgesteld” (deed in Dutch)
- Director appointment, BILDIRICI Mehmet Akif (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Imperiastraat 8, 1930 Zaventem until 31-01-2024 · act of 04-03-2024
- Sint-Bernardsesteenweg 239, 2020 Antwerpen until the act of 10-10-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
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 0794.642.905
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11809I2387/00Y000 | Flanders | 104 m² | 1 · 114 m² | 16.6 m · 5 |
| 11805E0213/00X010 | Flanders | 36 m² | 1 · 36 m² | 12.2 m · 3 |