MANFRED&ADRIAN CONSTRUCT

Active

Private limited companyfounded 2023active for 2 years588 active companies are registered at this addressKBO/BCE: BE 1001.678.319

Summary

The computed 12-month bankruptcy probability of MANFRED&ADRIAN CONSTRUCT is 6.8% (elevated). The 2024 annual accounts show equity of €27,074 and a net result of €24,074. Its solvency ranks better than 71% of 9,839 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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MANFRED&ADRIAN CONSTRUCTActiveChecked score 39/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€43,700total assets 2024

Equity: €27,074
Profit: €24,074

Turnover not published (micro format)

Financial health

39 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 6.8%

Structure

Sandu Manfred-MihaiDirector

Accounts filed 49 days late

Why 39raises riskFigures for financial year 2024 (filed 18-09-2025)Founded in 20231 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 lateEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2024

39 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 82% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 87

equity 62.0% of total assets

Liquidity 82

short-term debt 38.0% · cash 46.3%

Profitability 100

return on assets 55.1%

Bankruptcy probability, 12 months

6.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)

Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.8%▲ +0.2 percentage points vs 12-2024 02-2025: 4.1%▲ +0.3 percentage points vs 01-2025 03-2025: 4.2%▲ +0.1 percentage points vs 02-2025 04-2025: 4.6%▲ +0.4 percentage points vs 03-2025 05-2025: 4.6%● unchanged vs 04-2025 06-2025: 5.0%▲ +0.4 percentage points vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 4.8%▼ -0.2 percentage points vs 07-2025 09-2025: 5.1%▲ +0.3 percentage points vs 08-2025 10-2025: 1.8%▼ -3.3 percentage points vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026lowest value 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.7 percentage points vs 07-2026 09-2026: 2.8%▲ +0.3 percentage points vs 08-2026 10-2026: 6.8%▲ +4.0 percentage points vs 09-2026highest value

Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 1.85, above the usual 1.5; short-term debt: 38% and cash: 46.3% of total assets), and 38% of the assets are financed with debt and provisions.

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 41, micro): better than 71% on solvency, 85% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 23-10-2026 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

Six signals.

raises riskneutral

Figures for financial year 2024 (filed 18-09-2025)

NBB · annual accounts

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

1 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 late

NBB · filings

Ex-officio strike-off in the KBO

KBO publications

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 1 filing

Deviation from the deadline

2024

49 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 49 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

22-09-2026 Address struckevent 06-09-2026
18-09-2025 Annual accounts filedfinancial year 2024 · micro…
23-04-2025 Resignation: Simion Ciprian Cristian (director)Appointment: Sandu Manfred-Mihai (director) ·…

Key points

One director decidessole director in office 1 View
Total assets 2024first financial year filed €43,700 View
Active since 2023founded 26-10-2023 2 years View

By topic

Financials

Financial year: 2024
Total assets: €43,700
Profit: €24,074
Solvency: 62.0%

Go to Financials

Board & ownership

Board: 1 member

Sandu Manfred-MihaiDirector

Go to Board & ownership

Timeline

Events: 5
Since: 2023

26-03-2024Resignation: Sandu Manfred-Mihai (director)
30-10-2023Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 26-10-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 29

Who signs: Each director alone
Annual meeting: Second Wednesday of June at 11:30
Purpose: “Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de…” (deed in Dutch)

Go to Articles of association

Key facts about MANFRED&ADRIAN CONSTRUCT

What is the company number of MANFRED&ADRIAN CONSTRUCT?: 1001.678.319. In Belgium the VAT number is the company number with BE in front: BE 1001.678.319.
What does MANFRED&ADRIAN CONSTRUCT do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MANFRED&ADRIAN CONSTRUCT?: Private limited company (BV).
When was MANFRED&ADRIAN CONSTRUCT founded?: On 26-10-2023.
Is MANFRED&ADRIAN CONSTRUCT still active?: Yes, MANFRED&ADRIAN CONSTRUCT is an active enterprise in the KBO register.Company details
What is the turnover of MANFRED&ADRIAN CONSTRUCT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MANFRED&ADRIAN CONSTRUCT profitable?: In financial year 2024, MANFRED&ADRIAN CONSTRUCT made a profit of €24,074.
Where can I find the annual accounts of MANFRED&ADRIAN CONSTRUCT?: MANFRED&ADRIAN CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2024.