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KAMI-CONSTRUCT

Active Private limited company (pre-2019)founded 2019active for 7 yearsFrans Vekemansstraat 52, 1120 BrusselsKBO/BCE: BE 0725.867.925

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €17,881 (2019)
-€3,203▼ €2,612
lowest -€10,555 (2021)
-€5,263▼ €3,569
peak €19,173 (2020)
€2,881▼ 64.6%
€7,642▲ 124%
Board3 names since 2019
2 directorsSzwajkus Kamil and 1 other
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from -€591 to -€3,203Loss of €5,263Equity from €8,144 to €2,881Debts from €3,410 to €7,642Cash from €1,847 to €8,993

Key points

from the 2024 annual accounts

Losses

-€6,958 in two years
-1,6952023-5,2632024

The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.

Debts

€7,642 73% of the balance sheet
Suppliers 38%Taxes and wages 10%Other 52%

Liquidity

1.38 was 3.34 in 2023

Short-term debts rose from €3,410 to €7,642.

Filings

6 annual accounts 101 days past the deadline
AprilJune31 JulyOctober202020222024

2025 accounts not filed: deadline was 31-07-2026.

Board

1 joined

New director. Latest change 31-03-2026 · 2 in office.

Position in the sector

€2,881

Less equity than 85% of companies in construction of buildings. Sector median €45,395 · 9,844 companies.

Checked score

35
Weak
Financially stronger than 28% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.1% Elevated
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 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▼ -0.9 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 1.8%▲ +0.9 percentage points vs 05-2026 07-2026: 2.0%▲ +0.2 percentage points vs 06-2026 08-2026: 3.2%▲ +1.2 percentage points vs 07-2026 09-2026: 3.6%▲ +0.4 percentage points vs 08-2026 10-2026: 6.1%▲ +2.5 percentage points vs 09-2026highest value 11-2026: 6.1%● unchanged vs 10-2026highest value

Financial strength
Weak

52-43equity 27.4% of total assets
61+3short-term debt 72.6% · cash 85.5%
0=return on assets -50.0%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 28-08-2025)
1 change of registered office in 24 months
1 financial year not filed after the legal deadline; last filed accounts filed 28 days late
lowers risk
Liquidity: current ratio 1.38, cash €8,993
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 34% of them on solvency, 66% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 1,133 companies had the same profile as KAMI-CONSTRUCT has now. Each dot stands for 3 companies, two years later.

86.4%
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 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KAMI-CONSTRUCT itself: 6.1% within 12 months.

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.

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 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 1,133 companies, not a prediction for KAMI-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

No publishable credit limit, so credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.38 (3.34 in 2023), below the usual 1.5. Short-term debt is 72.6% and cash 85.5% of total assets. 72.6% 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 28-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.38, cash €8,993
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 28 days late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€5,263
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
30 days late
2022
27 days late
2021
3 days late
2020
6 days late
2019
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 35 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)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SK
Szwajkus Kamil
Director, since 30-04-2019
  • SZWEJKUS Kamil founderdeed of 03-05-2019
  • PIETRZYKOWSKI Jaroslaw founderdeed of 03-05-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0725867925
Registered office moved from Brussels to Neder over heembeek New registered office: Rue François Vekemans 52/01, 1120 Neder over heembeek · Previous registered office: Rue François Lesnino 73, 1020 Bruxelles · Resignation: KAMIL SZWEJKUS (director) · General meeting of 31-03-2026 · Gazette deed
Incorporation Founders: SZWEJKUS Kamil and PIETRZYKOWSKI Jaroslaw · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: SZWEJKUS Kamil (manager) · published on 03-05-2019 · Gazette deed
First establishment François Lesninostraat 73, Brussels
All 13 events

Comparable companies

same main activity, similar in size and age
Company
KAMI-CONSTRUCT Brussels - - 27.4% -
KURTCONSTRUCT Brussels - - 100.0% -
HAUPTMAN COMPANY Uccle €2,142 - -13.1% -
Heta Antwerp €1,485 - -57.5% -
SKYLAR CONSTRUCTION Ghent €77,918 -18.9% 25.1% -
Wiezelo Wuustwezel - - 99.8% -
LOOF Antwerp - - 58.5% -

These companies have the same main activity as KAMI-CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €9,050 and €12,400, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 30-04-2019Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.300.603.9331020 Brussels, since 30-04-2019
Financial year end
31 December
Peppol
Reachable since 02-11-2026
Company details

Annual accounts 2024

-€3,203▼ 442%
€5,263▲ 211%
€2,881▼ 64.6%
€10,522▼ 8.9%
Filing
Filed on 28-08-2025
Financials

Insights on KAMI-CONSTRUCT

KAMI-CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €17,881 in 2019 to -€3,203 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 28-08-2025, 28 days late

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 9 November 2026.

-€3,203
▼ €2,612
-€5,108
▼ €3,554
-€4,932
▼ €3,927
-€5,088
▼ €3,941
27.4%
▼ 43.1 percentage points
1.38
▼ 1.96

Money flows

no detail for 2024

Balance sheet

balance sheet total €10,522 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

27.4%

Higher than 34% of 9,833 companies in 2024.

1.38

Higher than 39% of 9,553 companies in 2024.

-50.0%

Lower than 95% of 9,646 companies in 2024.

KAMI-CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202420232022202120202019
Balance sheet: assets
20/58 10,52211,55415,99113,78524,85433,514
21/28 -1767241,3032,2635,480
22/27 -1767241,3032,2635,480
23 -93280467--
24 -824448372,2635,480
29/58 10,52211,37915,26812,48222,59028,034
3 -6,421----
30/36 -3,621----
37 -2,800----
40/41 1,4512,93014,90311,45820,7675,472
40 1,4512,77614,9036,95914,8781,220
41 -154-4,4995,8894,252
54/58 8,9931,8473656881,41222,337
490/1 78180-336411224
Balance sheet: equity and liabilities
10/49 10,52211,55415,99113,78524,85433,514
10/15 2,8818,1449,8398,61919,17317,802
10/11 6,2006,2006,2006,2006,2006,200
100 -----18,600
101 -----12,400
11 ---6,2006,200-
1109/19 ---6,2006,200-
13 1,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,860-
130 -----1,860
1311 1,8601,8601,8601,8601,860-
14 -5,179841,77955911,1139,742
17/49 7,6423,4106,1535,1665,68015,712
42/48 7,6423,4106,1535,1665,68015,712
44 2,8742,9662,5755,1662,68311,112
440/4 2,8742,9662,5755,1662,68311,112
45 7802512,006-2,9974,600
450/3 7802512,006-2,9972,900
454/9 -----1,700
47/48 3,9881931,572---
Income statement
70 ---93,326-83,285
9900 -3,203-5913,344-6,9977,58917,881
60/61 ---104,003-65,403
630 1765485792,0423,8732,370
640/8 1,7294148951,3381,6981,083
9901 -5,108-1,5541,869-10,3772,01814,429
75/76B 27130334586
75 27130334586
65/66B 28910733044359413
65 28910733044359413
9903 -5,395-1,6541,540-10,5161,76914,502
67/77 -13241320393972,900
9904 -5,263-1,6951,220-10,5551,37211,602
9905 -5,263-1,6951,220-10,5551,37211,602
Appropriation of the result
9906 -5,179841,77955911,11311,602
14P 841,77955911,113--
691/2 -----1,860
6920 -----1,860
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 28-08-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 28-08-2025 2025-00422591 PDF
31-12-2023 micro format 30-08-2024 2024-00411611 PDF
31-12-2022 micro format 27-08-2023 2023-00383900 PDF
31-12-2021 micro format 03-08-2022 2022-20273772 PDF
31-12-2020 full format 06-08-2021 2021-46800546 PDF
31-12-2019 full format 23-11-2020 2020-71900255 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019
-4,932-1,0052,448-8,3355,89116,798
-5,088-1,1461,799-8,5135,24413,972
0001,0826567,850
7,1461,483-323-725-20,925-
2,8817,9689,1157,31516,91012,322
----11.1%-17.3%
27.4%70.5%61.5%62.5%77.1%53.1%
1.383.342.482.423.981.78
1.381.452.482.423.981.78
2.650.420.630.600.300.88
-182.7%-20.8%12.4%-122.5%7.2%65.2%
-50.0%-14.7%7.6%-76.6%5.5%34.6%
-17.04-9.397.42-18.83--
---27 days-5 days
---18 days-62 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2024202320222021
Tangible fixed assets---€1,082
€176€548€579€2,042

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on KAMI-CONSTRUCT

The operating result for 2024 is a loss of €5,108, larger than the loss of €1,554 in 2023. It is the lowest result since 2021.

Debt's share of the balance-sheet total rises from 29.5% to 72.6%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, no change since March 2026
Szwajkus Kamil
Director
since 30-04-2019
listed in the 2024 annual accounts, filed on 28-08-2025
Director
appointed by deed of 13-05-2026 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 15 : Représentation de la société Le gérant (chacun des gérants) représente la société à l'égard des tiers et en justice, soit en…”
deed of 03-05-2019

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Szwajkus Kamil
Director
BoardEarlierend not dated
Mandates as a list
  • Szwajkus Kamil
    • Director, from 30-04-2019 to date
  • Arkadiusz Garbowski
    • Director, appointed by deed of 13-05-2026, still in office
  • SZWEJKUS Kamil
    • Manager, appointed by deed of 03-05-2019, until 31-03-2026
    • Manager, appointed by deed of 03-05-2019, no longer listed in the 2024 annual accounts

See the board, name and registered office on a given date →

Control

Founders
SZWEJKUS Kamil, PIETRZYKOWSKI Jaroslaw
This company
KAMI-CONSTRUCT
Equity €2,881
Loss €5,263 in 2024

Capital

Contribution
€6,200
Source
2024 annual accounts

Articles of association

deed of 03-05-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 June at 18:00

Founders

At incorporation deed of 03-05-2019 ↗
  • SZWEJKUS Kamil founder
  • PIETRZYKOWSKI Jaroslaw founder

Network & group

No group

KAMI-CONSTRUCT has no parent and no holdings in its annual accounts. KAMI-CONSTRUCT shares no director with another company.

At the same address

Frans Vekemansstraat 52, 1120 Brussels · 2 other companies
POL-TEX
registered office since 19-11-2008 · founded in 2008
total assets €662,750 (2025)
0808.027.618
Dimidiuc, Serghei (sole trader)
establishment since 01-07-2026
founded in 2026
1039.624.917

Timeline

Timeline

13 events since 2019
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0725867925
Registered office moved from Brussels to Neder over heembeekNew registered office: Rue François Vekemans 52/01, 1120 Neder over heembeek · Previous registered office: Rue François Lesnino 73, 1020 Bruxelles · Resignation: KAMIL SZWEJKUS (director) · General meeting of 31-03-20264 points ▸
  • General meeting, 31-03-2026
  • Director resignation, KAMIL SZWEJKUS
  • Director appointment, Arkadiusz Garbowski
  • Registered-office move, Rue François Vekemans 52/01, 1120 Neder over heembeek

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Annual accounts 2022 filed PDFmicro format · 27 days late
2022
Back to profit net €1,220 The net result is €1,220, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 3 days late
2021
Weakest financial year net -€10,555 The net result drops to -€10,555, the lowest from 2019 to 2024. It recovers the following year.
Annual accounts 2020 filed PDFfull format · 6 days late
2020
Liquidity more than doubled current ratio 3.98 The current ratio rises from 1.78 to 3.98. Short-term debt falls from €15,712 to €5,680.
Annual accounts 2019 filed PDFfull format · 115 days late
2019
IncorporationFounders: SZWEJKUS Kamil and PIETRZYKOWSKI Jaroslaw · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: SZWEJKUS Kamil (manager) · published on 03-05-20195 points ▸
  • Founder, SZWEJKUS Kamil
  • Founder, PIETRZYKOWSKI Jaroslaw
  • Founding capital, €18,600, 100 shares
  • Capital, €18,600, 100 shares
  • Director appointment, SZWEJKUS Kamil (manager)
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

First establishment François Lesninostraat 73, Brussels

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

KAMI-CONSTRUCT was incorporated on 30 April 2019.1 The registered office was moved to Neder over heembeek in 2026.2 The board currently has 2 members.2 Turnover grew from €83,285 in 2019 to €93,326 in 2021.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-05-2026
  3. 3National Bank, annual accounts 2019 and 2021

Company details

Identity

Enterprise number
0725.867.925
VAT number
BE 0725.867.925
Peppol ID
0208:0725867925
Other Peppol ID
9925:BE0725867925
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
30-04-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 June at 18:00
deed of 03-05-2019 (in French)
Peppol
Reachable since 02-11-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
KAMI-CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-05-2019 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Rue François Lesnino 73, 1020 Bruxelles”
deed of 03-05-2019 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41201 General construction of buildings main activity
41202 Construction of residential and non-residential buildings
41203 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les travaux d’électricité, de peinture, de plafonnage, d’installation de sanitaire, de plomberie, de toiture, la pose de chape, de portes et…”
3 activities
  1. Les travaux d’électricité, de peinture, de plafonnage, d’installation de sanitaire, de plomberie, de toiture, la pose de chape, de portes et fenêtre, et tous travaux ayant trait à l’entreprise générale de construction
  2. Tous travaux de rénovation de bâtiments
  3. L’achat, la vente, la rénovation, la transformation, la gestion, la location, le lotissement de tous biens et droits immobiliers
deed of 03-05-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Frans Vekemansstraat 52 registered office 1120 Brussels
François Lesninostraat 73 1020 Brussels 33140 Repair and maintenance of electrical equipment 30-04-2019 2.300.603.933
1 former office
  • 1020 Bruxelles until 31-03-2026 · deed of 13-05-2026

Buildings and parcels at the addresses

Ground area
464 m²
Buildings
252 m²
Volume, LiDAR
2,312 m³
Tallest building
24.9 m
Buildings to scale, each on its own parcel
160 m², 12.6 m 92 m², 24.9 m 160 m², 12.6 m 92 m², 24.9 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21819B0081/00F005307 m² 1 · 160 m² 12.6 m · 3
21815D0132/00X000157 m² 1 · 92 m² 24.9 m · 4

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 0725.867.925