MEMO CONSTRUCT
ActiveSummary
MEMO CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,862 and a net result of €17,862. Its solvency ranks better than 58% of 9,723 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
- Equity
- €22,862
- Profit
- €17,862
Why 65raises riskSize: total assets €44,891Founded in 2024Latest accounts 49 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.04, cash €10,259Show 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 55% on solvency, 50% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 19-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: Kocabiçak Ahmet (director)Resignation: Kocabiçak Mahmut (director) ·…
- IncorporationAppointment: KOCABIÇAK Mahmut (director) ·…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (49 days) Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516999.
Turnover and EBIT margin not published: the abbreviated format does not require them.
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 1.5% 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 497,472 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% | 1.0% |
| 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 | 2025 |
|---|---|
| Other operating charges640/8 | €2,460 |
| Gross operating margin9900 | €20,768 |
| Operating profit (loss)9901 | €18,308 |
| Financial charges65/66B | €446 |
| Recurring financial charges65 | €446 |
| Profit (loss) for the period before taxes9903 | €17,862 |
| Profit (loss) for the period9904 | €17,862 |
| Profit (loss) for the period to be appropriated9905 | €17,862 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €44,891 | |
| Current assets29/58 | €44,891 | |
| Amounts receivable within one year40/41 | €34,632 | |
| Trade receivables40 | €10,002 | |
| Other amounts receivable41 | €24,629 | |
| Cash at bank and in hand54/58 | €10,259 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €44,891 | |
| Equity10/15 | €22,862 | |
| Contributions10/11 | €5,000 | |
| Contributions outside capital11 | €5,000 | |
| Other1109/19 | €5,000 | |
| Profit (loss) carried forward14 | €17,862 | |
| Amounts payable17/49 | €22,029 | |
| Amounts payable within one year42/48 | €22,029 | |
| Trade debts44 | €19,773 | |
| Suppliers440/4 | €19,773 | |
| Taxes, remuneration and social security45 | €2,256 | |
| Taxes450/3 | €2,256 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €17,862 |
| Operating cash flow (approximation) | €17,862 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-09-2026 | 2026-00516999 |
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
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
06-03
Gazette deed
Appointment: Kocabiçak Ahmet (director)Resignation: Kocabiçak Mahmut (director) · Share transfer · Shareholding5 facts ▸
- General meeting, 26-02-2024
- Director appointment, Kocabiçak Ahmet (director)
- Director resignation, Kocabiçak Mahmut (director)
- Share transfer, Kocabiçak Mahmut → Kocabiçak Ahmet
- Shareholding, “aandelen”, 100 (deed in Dutch)
26-02
Gazette deed
IncorporationAppointment: KOCABIÇAK Mahmut (director) · Founding capital · Founder9 facts ▸
- Incorporation, “MEMO CONSTRUCT” (deed in Dutch)
- Founding capital, €5,000
- Founder, KOCABIÇAK Mahmut
- Other provision, “slot- en overgangsbepalingen uitwerking, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “1930 Zaventem,Excelsiorlaan 71” (deed in Dutch)
- Other provision, “website en e-mailadres” (deed in Dutch)
- Board rule, 1
- Director appointment, KOCABIÇAK Mahmut (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 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 1006.345.997
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 |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 |
| 21014A0416/00M000 | Brussels | 94 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MEMO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “100, gelijk recht in winstverdeling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars bij ontbinding, om welke reden en op welk ogenblik ook” (deed in Dutch)