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MDA CONSTRUCT

Active Private limited company (pre-2019)founded 2018active for 8 yearsAlsembergsesteenweg 842, 1180 UccleKBO/BCE: BE 0700.304.762

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €151,811 (2019)
€19,267▼ 64.4%
peak €78,320 (2019)
€11,208▼ 63.8%
peak €230,939 (2025)
€230,939▲ 5.1%
€13,264▼ 91.2%
Board1 name since 2020
- 
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from €54,051 to €19,267Result from €30,946 to €11,208Debts from €151,335 to €13,264Cash from €39,443 to €22,592

Key points

from the 2025 annual accounts

Equity

€230,939 ▲ 5.1%

MDA CONSTRUCT has made a profit in every financial year since 2019.

Turnover

≈ €260,000 estimated

The micro format states no turnover.

Liquidity

18.39 was 2.44 in 2024

Short-term debts fell from €151,335 to €13,264.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 122 days after the end of the period.

Position in the sector

94.6%

Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,125 companies.

Checked score

69
Healthy
Financially stronger than 61% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 1.2%▼ -0.1 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.1%▼ -0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 0.8%▼ -0.2 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+16equity 94.6% of total assets
62+18short-term debt 5.4% · cash 9.3%
74-5return on assets 4.6%

Score breakdown

raises risk
Size: total assets €244,203
1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Equity €230,939 (94.6% of total assets)
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 43, micro). It does better than 90% of them on solvency, 60% on liquidity, 48% on profitability and 47% 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 low class on 30-06-2025, 0.8% 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, 5,047 companies had the same profile as MDA CONSTRUCT has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of MDA CONSTRUCT itself: 0.8% 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 5,047 companies, not a prediction for MDA 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 €15,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 18.39 (2.44 in 2024), above the usual 1.5. Short-term debt is 5.4% and cash 9.3% of total assets. 5.4% 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
raises risk · Size: total assets €244,203
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €230,939 (94.6% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 08-06-2026, 53 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
53 days early
2024
31 days early
2023
49 days late
2022
44 days late
2021
19 days early
2020
37 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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. The company usually files around 12 July (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
ZI
ZIMBRU IOAN-DORIN
Director, last mentioned in 2020
  • ZIMBRU Ioan-Dorin founderdeed of 25-07-2018
  • RAT Grigore founderdeed of 25-07-2018
  • TITE Vasile founderdeed of 25-07-2018
Board & ownership

Recent changes

Registered office moved from Uccle to Brussels New registered office: Chaussée d'Alsemberg, n°842, 1180 Bruxelles · Previous registered office: Avenue de Beersel 28, 1180 Uccle · General meeting of 16-07-2020 · Gazette deed
Incorporation Founders: ZIMBRU Ioan-Dorin, RAT Grigore and TITE Vasile · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: ZIMBRU Ioan (manager) · published on 25-07-2018 · Gazette deed
First establishment Beersellaan 28, Uccle
All 15 events

Comparable companies

same main activity, similar in size and age
Company
MDA CONSTRUCT Uccle €244,203 €19,267 94.6% -
OKH COMPANY Brussels €225,979 €18,628 66.4% -
LO CONSTRUCT Anderlecht €278,427 €20,893 19.8% -
EUROPLATRE Koekelberg €254,347 €15,921 77.5% -
G.B. RENOV Wemmel €233,696 €17,603 40.1% -
Peeters Wood Build Beringen €240,003 €17,348 17.3% -
DANNY A-Z RENOV Charleroi €212,996 €20,578 58.6% -

These companies have the same main activity as MDA CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €213,000 and €278,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 22-07-2018Normal situation
Registered office
308 active companies are registered at this address16 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Other specialised construction activitiesNACE 43990
Establishment unit
2.279.600.1661180 Uccle, since 22-07-2018
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€19,267▼ 64.4%
€11,208▼ 63.8%
€230,939▲ 5.1%
€244,203▼ 34.2%
Filing
Filed on 08-06-2026, 53 days before the end of the filing period
Financials

Insights on MDA CONSTRUCT

MDA CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €151,811 in 2019 to €19,267 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 08-06-2026, 53 days before the deadline
€19,267
▼ 64.4%
€16,658
▼ 64.3%
€18,875
▼ 64.3%
€13,424
▼ 63.9%
94.6%
▲ 35.4 percentage points
18.39
▲ 15.96

Money flows

no detail for 2025

Balance sheet

balance sheet total €244,203 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

94.6%

Higher than 95% of 35,125 companies in 2025.

18.39

Higher than 95% of 34,499 companies in 2025.

4.6%

Higher than 42% of 34,700 companies in 2025.

MDA CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 244,203371,067601,279293,659414,000375,563499,365
21/28 2252,4428,72415,29811,61213,9244,403
22/27 -2,2178,49915,07311,38713,6994,403
23 --188455721--
24 -2,2178,31114,61910,66613,6994,403
28 225225225225225225-
29/58 243,978368,625592,555278,360402,388361,640494,962
40/41 218,278327,325524,975187,962251,400218,249137,487
40 185,178302,619495,049164,312235,213187,087118,557
41 33,10024,70629,92523,65016,18731,16118,929
54/58 22,59239,44365,66288,503150,408142,346332,843
490/1 3,1081,8571,9181,8955811,04624,633
Balance sheet: equity and liabilities
10/49 244,203371,067601,279293,659414,000375,563499,365
10/15 230,939219,731188,785155,326130,09898,16684,520
10/11 18,60018,60018,6006,2006,2006,2006,200
10 ---6,200---
100 ---18,600-18,60018,600
101 ---12,400-12,40012,400
11 18,600------
1109/19 18,600------
13 1,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,860-
130 ---1,860-1,8601,860
1311 1,8601,8601,860----
1319 ----1,860--
14 210,479199,271168,325147,266122,03890,10676,460
17/49 13,264151,335412,494138,332283,902277,398414,845
42/48 13,264151,335412,494138,332283,902277,398414,845
44 7,961123,423387,890116,258262,453238,999381,845
440/4 7,961123,423387,890116,258262,453238,99956,914
441 ------324,931
45 5,30327,91324,60422,07415,64538,39933,000
450/3 5,30326,61323,10421,57411,94938,39933,000
454/9 -1,3001,5005003,696--
47/48 ----5,804--
Income statement
70 ------1.0m
9900 19,26754,05160,94737,10860,61214,742151,811
60/61 ------887,102
62 ------5,615
630 2,2176,2826,5746,4093,1603,3741,786
631/4 392-8,078-22,373-30,036
640/8 -1,1593,9558376,845229550
9901 16,65846,60942,34029,86228,23411,140113,823
75/76B 8655754,4127,51922,5989,090-
75 8655754,4127,51922,5989,090-
65/66B 1,9462,6054,0102,0281,8851,1862,503
65 1,9462,6054,0102,0281,8851,1862,503
9903 15,57844,58042,74235,35448,94819,044111,320
67/77 4,37013,63421,68410,12512,0165,39933,000
9904 11,20830,94621,05925,22836,93213,64678,320
9905 11,20830,94621,05925,22836,93213,64678,320
Appropriation of the result
9906 210,479199,271168,325147,266127,03890,10678,320
14P 199,271168,325147,266122,03890,106--
691/2 ------1,860
6920 ------1,860
694/7 ----5,000--
695 ----5,000--
Document PDFPDFPDFPDFPDFPDFPDF

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 2025 (PDF), filed on 08-06-2026.

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
31-12-2025 micro format 08-06-2026 2026-00147842 PDF
31-12-2024 micro format 30-06-2025 2025-00217899 PDF
31-12-2023 micro format 18-09-2024 2024-00465506 PDF
31-12-2022 micro format 13-09-2023 2023-00446929 PDF
31-12-2021 micro format 12-07-2022 2022-20182976 PDF
31-12-2020 micro format 24-06-2021 2021-24800216 PDF
31-12-2019 micro format 30-11-2020 2020-73400487 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
18,87552,89248,91436,27131,39414,514115,609
13,42437,22927,63331,63740,09217,02080,106
00010,09512,20712,8956,189
-16,852-26,219-22,841-61,9058,062-190,497-
230,714217,289180,061140,028118,48584,24280,117
------11.0%
94.6%59.2%31.4%52.9%31.4%26.1%16.9%
18.392.441.442.011.421.301.19
0.060.692.180.892.182.834.91
4.9%14.1%11.2%16.2%28.4%13.9%92.7%
4.6%8.3%3.5%8.6%8.9%3.6%15.7%
9.7020.3112.2017.8916.66--
------42 days
------157 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
Item20252024202320222021
Tangible fixed assets---€10,095€12,207
€2,217€6,282€6,574€6,409€3,160

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MDA CONSTRUCT

The operating result for 2025 is 64% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total falls from 40.8% to 5.4%. Equity is higher and debt is lower.

Board & ownership

Mandates through the years

1 name
ZIMBRU IOAN-DORIN
Director
Earliermandate already running before its first mentionend not dated
Mandates as a list
  • ZIMBRU IOAN-DORIN
    • Director, from before 15-09-2020, last mentioned in 2020

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

Control

Founders
ZIMBRU Ioan-Dorin, RAT Grigore, TITE Vasile
This company
MDA CONSTRUCT
Equity €230,939
Profit €11,208 in 2025

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 25-07-2018 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Assemblee fixe nombre duree mandat et pouvoirs en cas pluralite, associe unique ou personnes associees ou non avec ou sans limitation duree…”

Founders

At incorporation deed of 25-07-2018 ↗
  • ZIMBRU Ioan-Dorin founder
  • RAT Grigore founder
  • TITE Vasile founder

Office holders in the KBO →

Network & group

No group

MDA CONSTRUCT has no parent and no holdings in its annual accounts.

At the same address

Alsembergsesteenweg 842, 1180 Uccle · 307 other companies
SENIOR ASSIST
registered office since 12-09-2005 · founded in 2005 · accounts filed late
total assets €52.2m (2024)
0875.416.783
FINASO
registered office since 31-08-1998 · founded in 1998
total assets €16.5m (2025)
0464.057.995
Xanlite Group
establishment since 01-01-2013 · founded in 2012
total assets €14.3m (2025)
0501.907.001
EXL
registered office since 22-05-2002 · founded in 2002 · negative equity (2025)
total assets €13.6m (2025)
0476.978.890
CORNERS PROPERTIES
registered office since 17-03-2022 · founded in 2022
total assets €8.6m (2025)
0783.541.254
Woon en Zorg VG Lovendegem
registered office since 04-05-2017 · founded in 2017 · negative equity (2024) · group SENIOR ASSIST · accounts filed late
total assets €8.4m (2024)
0675.431.784
La Tramontane
registered office since 27-03-1986 · founded in 1986 · negative equity (2024) · group SENIOR ASSIST · accounts filed late
total assets €5.3m (2024)
0428.695.755
FINANCIERE VENDOME
registered office since 02-03-2006 · founded in 2006 · negative equity (2025)
total assets €4.3m (2025)
0879.702.896
AQUARIUS
registered office since 23-05-1986 · founded in 1986 · negative equity (2025)
total assets €3.9m (2025)
0429.022.882
SMART Cleaning
registered office since 28-10-2013 · founded in 2013
37 FTE (2025)
0541.472.707
and 297 more

Timeline

Timeline

15 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 53 days before the deadline
2025
Weakest financial year net €11,208 ▼63.8% The net result drops to €11,208, the lowest from 2019 to 2025.
Liquidity more than 7 times current ratio 18.39 The current ratio rises from 2.44 to 18.39. Short-term debt falls from €151,335 to €13,264.
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Equity above €200,000 equity €219,731 ▲16.4% With a profit in every financial year since 2019, equity grows to €219,731.
Annual accounts 2023 filed PDFmicro format · 49 days late
2023
Annual accounts 2022 filed PDFmicro format · 44 days late
2022
Equity above €150,000 equity €155,326 ▲19.4% With a profit in every financial year since 2019, equity grows to €155,326.
Annual accounts 2021 filed PDFmicro format · 19 days before the deadline
2021
Equity above €100,000 equity €130,098 ▲32.5% With a profit in every financial year since 2019, equity grows to €130,098.
Annual accounts 2020 filed PDFmicro format · 37 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 122 days late
Registered office moved from Uccle to BrusselsNew registered office: Chaussée d'Alsemberg, n°842, 1180 Bruxelles · Previous registered office: Avenue de Beersel 28, 1180 Uccle · General meeting of 16-07-20202 points ▸
  • General meeting, 16-07-2020
  • Registered-office move, Chaussée d'Alsemberg, n°842, 1180 Bruxelles

Open the deed in the Belgian Official Gazette

2018
IncorporationFounders: ZIMBRU Ioan-Dorin, RAT Grigore and TITE Vasile · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: ZIMBRU Ioan (manager) · published on 25-07-20185 points ▸
  • Founder, ZIMBRU Ioan-Dorin
  • Founder, RAT Grigore
  • Founder, TITE Vasile
  • Founding capital, €18,600, 100 shares
  • Director appointment, ZIMBRU Ioan (manager)
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Beersellaan 28, Uccle

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

MDA CONSTRUCT was incorporated on 22 July 2018.1 The registered office was moved to Brussels in 2020.2 Total assets fell from €499,365 in 2019 to €244,203 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-09-2020
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0700.304.762
VAT number
BE 0700.304.762
Peppol ID
0208:0700304762
Other Peppol ID
9925:BE0700304762
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
22-07-2018
Financial year
ends on 31 December
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
MDA CONSTRUCT in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
43999 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’entreprise générale du bâtiment, menuiserie, peinture, maçonnerie, électricité, travaux de toiture, pose de chapes de tout type, travaux…”
6 activities
  1. L’entreprise générale du bâtiment, menuiserie, peinture, maçonnerie, électricité, travaux de toiture, pose de chapes de tout type, travaux de carrelage et placement de cloisons en gyproc;
  2. Toutes opérations se rapportant directement ou indirectement à l’entretien, la rénovation, les travaux de réparations, d’embellissements, 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;
  3. Réalisation de décorations tant intérieures qu’extérieures;
  4. Placement, installation et réparation de tout chauffage tant d’immeuble privé que professionnel, ainsi que les travaux de plomberie sanitaire;
  5. Toute activité se rapportant à l'entreprise de jardins et d'une manière générale toute activité en rapport avec la jardinerie, l'agriculture et l'horticulture;
  6. 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 faite toutes opérations se rattachant à ces objets.
deed of 25-07-2018 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Alsembergsesteenweg 842 registered office 1180 Uccle
Beersellaan 28 1180 Uccle 22-07-2018 2.279.600.166
1 former office
  • 1180 Uccle until 15-07-2020 · deed of 15-09-2020

Buildings and parcels at the addresses

Ground area
1,835 m²
Buildings
1,177 m²
Volume, LiDAR
7,380 m³
Tallest building
12.7 m
Buildings to scale, each on its own parcel
1,089 m², 12.7 m 88 m², 11.3 m 1,089 m², 12.7 m 88 m², 11.3 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
21614E0126/00A0021,616 m² 1 · 1,089 m² 12.7 m · 2
21616G0388/00L002219 m² 1 · 88 m² 11.3 m · 3

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 0700.304.762