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MITA CONSTRUCT

Active Private limited companyfounded 2020active for 6 yearsLodewijk De Meesterstraat 10, 9100 Sint-NiklaasKBO/BCE: BE 0750.941.633

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €76,637 (2023)
€17,874▼ 59.7%
peak €45,785 (2023)
€1,931▼ 90.6%
peak €83,608 (2025)
€83,608▲ 2.4%
€50,567▲ 24.6%
Board1 name since 2020
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €44,375 to €17,874Result from €20,629 to €1,931Debts from €40,581 to €50,567Cash from €104,512 to €63,258

Key points

from the 2025 annual accounts

Equity

€83,608 ▲ 2.4%

MITA CONSTRUCT has made a profit in every financial year since 2021.

Turnover

≈ €220,000 estimated

The accounts state no turnover.

Filings

5 annual accounts 5 late
AprilJune31 JulyOctober20222024

The 2024 accounts came latest: 211 days after the end of the period.

Checked score

71
Healthy
Financially stronger than 60% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
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 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.2% 01-2025: 1.3%▲ +0.1 percentage points 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: 1.7%▲ +0.3 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.6%▲ +0.8 percentage points vs 07-2025 09-2025: 2.9%▲ +0.3 percentage points vs 08-2025 10-2025: 4.3%▲ +1.4 percentage points vs 09-2025 11-2025: 4.4%▲ +0.1 percentage points vs 10-2025 12-2025: 5.1%▲ +0.7 percentage points vs 11-2025 01-2026: 6.3%▲ +1.2 percentage points vs 12-2025highest value 02-2026: 6.2%▼ -0.1 percentage points vs 01-2026 03-2026: 3.2%▼ -3.0 percentage points vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.4%▲ +0.2 percentage points vs 04-2026 06-2026: 1.7%▼ -1.7 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 2.2%▲ +0.5 percentage points vs 07-2026 09-2026: 0.7%▼ -1.5 percentage points vs 08-2026 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Strong

87-5equity 62.3% of total assets
83-4short-term debt 37.7% · cash 47.1%
71-19return on assets 1.4%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.48, cash €63,258
Equity €83,608 (62.3% 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 41, micro). It does better than 71% of them on solvency, 85% on liquidity, 43% on profitability and 41% 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 31-12-2025.

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 MITA 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 MITA CONSTRUCT itself: 0.6% 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 MITA 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 €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.48 (2.99 in 2024), above the usual 1.5. Short-term debt is 37.7% and cash 47.1% of total assets. 37.7% 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 risk
lowers risk · Liquidity: current ratio 2.48, cash €63,258
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €83,608 (62.3% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 28 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 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 · 5 filings
Deviation from the deadline
2025
28 days late
2024
211 days late
2023
28 days late
2022
29 days late
2021
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 63 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 (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 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

  • POPA Mihai Octavian 100 sharesdeed of 27-07-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0750941633
Registered office moved from Wemmel to Sint-Niklaas New registered office: Lodewijk de Meesterstraat 10, 9100 Sint-Niklaas · Previous registered office: Avenue Reine Astrid 59A, 1780 Wemmel · General meeting of 12-12-2023 · Gazette deed
Incorporation Founding capital of €2,500, 100 shares · Founder: POPA Mihai Octavian · Appointment: POPA Mihai Octavian (director) · published on 27-07-2020 · Gazette deed
First establishment Lodewijk De Meesterstraat 10, Sint-Niklaas
All 10 events

Comparable companies

same main activity, similar in size and age
Company
MITA CONSTRUCT Sint-Niklaas €134,175 €17,874 62.3% -
BALAJAN CONSTRUCT Lede €116,324 €19,042 41.7% -
MY TOF SERVICES Wemmel €136,516 €16,802 37.9% -
ENTREPRISE GAMI Herbeumont €143,980 €16,881 -2.6% -
CHRISTOPHE CALLEWAERT Wevelgem €137,179 €15,877 61.8% -
Bram Van den Put Heist-op-den-Berg €123,653 €19,409 18.1% -
DECO-KLEURING Asse €131,231 €19,472 41.9% -

These companies have the same main activity as MITA CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €116,000 and €144,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 23-07-2020Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.305.634.9669100 Sint-Niklaas, since 23-07-2020
Financial year end
31 December
Peppol
Reachable since 29-10-2025
Company details

Annual accounts 2025

€17,874▼ 59.7%
€1,931▼ 90.6%
€83,608▲ 2.4%
€134,175▲ 9.7%
Filing
Filed on 28-08-2026
Financials

Insights on MITA CONSTRUCT

MITA CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €1,760 in 2021 to €17,874 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
€17,874
▼ 59.7%
€7,121
▼ 77.7%
€15,442
▼ 62.1%
€10,251
▼ 65.1%
62.3%
▼ 4.5 percentage points
2.48
▼ 0.50

Money flows

no detail for 2025

Balance sheet

balance sheet total €134,175 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

62.3%

Higher than 71% of 9,452 companies in 2025.

2.48

Higher than 68% of 9,200 companies in 2025.

1.4%

Higher than 32% of 9,272 companies in 2025.

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

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 134,175122,258137,03261,05171,287
21/28 8,57411,89423,17623,106215
22/27 8,57411,89423,17623,106215
24 5,1364,70612,2388,417215
25 3,4387,18810,93814,689-
29/58 125,601110,364113,85637,94571,072
40/41 60,2993,58128,97611,37869,197
40 53,7512,77426,89710,64768,343
41 6,5488072,079730854
54/58 63,258104,51281,99924,0401,875
490/1 2,0452,2712,8812,527-
Balance sheet: equity and liabilities
10/49 134,175122,258137,03261,05171,287
10/15 83,60881,67761,04815,2632,533
10/11 2,5002,5002,5002,5002,500
14 81,10879,17758,54812,76333
17/49 50,56740,58175,98445,78868,754
17 03,5287,85111,606-
170/4 03,5287,85111,606-
42/48 50,56736,95368,13334,18268,754
42 3,8662,7943,3843,539-
44 29,4667,86837,60118,10667,200
440/4 29,4667,86837,60118,10667,200
45 17,23526,29121,0656,6621,233
450/3 17,23526,29121,0656,6621,233
47/48 -06,0835,875321
492/3 0100---
Income statement
70 ---306,531276,372
9900 17,87444,37576,63731,6031,760
60/61 ---280,672277,555
630 8,3208,7349,5307,148284
640/8 1,8981,3004,2994,640152
66A 5342,3470313-
9901 7,12131,99462,80919,5031,323
75/76B 328440--
75 328440--
65/66B 1,1207001,3871,34458
65 1,1207001,3871,34458
9903 6,32931,33761,42118,1591,266
67/77 4,39810,70815,6365,4291,233
9904 1,93120,62945,78512,73133
9905 1,93120,62945,78512,73133
Appropriation of the result
9906 81,10879,17758,54812,76333
14P 79,17758,54812,76333-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487852.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00487852 PDF
31-12-2024 micro format 27-02-2026 2026-00044637 PDF
31-12-2023 micro format 28-08-2024 2024-00383246 PDF
31-12-2022 abbreviated format 29-08-2023 2023-00368704 PDF
31-12-2021 abbreviated format 17-08-2022 2022-20290914 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
15,44240,72872,33926,6511,608
10,25129,36355,31519,878317
8,000-2,5479,60030,352499
-41,25422,51257,95922,165-
75,03473,41145,7233,7632,318
---6.4%0.5%
62.3%66.8%44.6%25.0%3.6%
2.482.991.671.111.03
0.600.501.243.0027.15
2.3%25.3%75.0%83.4%1.3%
1.4%16.9%33.4%20.9%0.0%
13.7958.1652.1419.8327.85
---13 days90 days
---24 days88 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€8,000-€9,600€30,352€499
Financial fixed assets€0----
€8,320€8,734€9,530€7,148€284

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

Insights on MITA CONSTRUCT

The operating result for 2025 is 78% lower than in 2024 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 33.2% to 37.7%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 27-07-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 28-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 27-07-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
POPA Mihai Octavian
Director (not named in the articles)
Board
Mandates as a list
  • POPA Mihai Octavian
    • Director (not named in the articles), appointed by deed of 27-07-2020, still in office

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

Control

This company
MITA CONSTRUCT
Equity €83,608
Profit €1,931 in 2025

Capital

Contribution
€2,500
Shares
100
Contribution per share
€25
Equity per share
€836 in 2025
Source
deed of 27-07-2020

Articles of association

deed of 27-07-2020 (in Dutch)
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.
Last Thursday of June at 18:00

Shareholders

At incorporation deed of 27-07-2020 ↗

Network & group

No group

MITA CONSTRUCT has no parent and no holdings in its annual accounts. POPA Mihai Octavian is the only director. MITA CONSTRUCT shares no director with another company.

Timeline

Timeline

10 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days late
Annual accounts 2024 filed PDFmicro format · 211 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750941633
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
Registered office moved from Wemmel to Sint-NiklaasNew registered office: Lodewijk de Meesterstraat 10, 9100 Sint-Niklaas · Previous registered office: Avenue Reine Astrid 59A, 1780 Wemmel · General meeting of 12-12-20232 points ▸
  • General meeting, 12-12-2023
  • Registered-office move, Lodewijk de Meesterstraat 10, 9100 Sint-Niklaas

Open the deed in the Belgian Official Gazette

2023
Highest result from 2021 to 2025 net €45,785 ▲260% The operating result of €62,809 and the net result of €45,785 are both a record.
Annual accounts 2022 filed PDFabbreviated format · 29 days late
2022
Annual accounts 2021 filed PDFabbreviated format · 17 days late
2020
IncorporationFounding capital of €2,500, 100 shares · Founder: POPA Mihai Octavian · Appointment: POPA Mihai Octavian (director) · published on 27-07-20205 points ▸
  • Founder, POPA Mihai Octavian
  • Founding capital, €2,500, 100 shares
  • Registered office clause, Koningin Astridlaan 59 a, 1780 Wemmel
  • Board rule, 1
  • Director appointment, POPA Mihai Octavian (director (not named in the articles))
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Lodewijk De Meesterstraat 10, Sint-Niklaas

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

On 23 July 2020, MITA CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2024 the registered office moved to Sint-Niklaas.3 POPA Mihai Octavian is director of the company, appointed by deed of 27-07-2020.2 Total assets went from €71,287 in 2021 to €134,175 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-07-2020
  3. 3Belgian Official Gazette, 31-05-2024
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0750.941.633
VAT number
BE 0750.941.633
Peppol ID
0208:0750941633
Other Peppol ID
9925:BE0750941633
Legal form
Private limited company
Status
Active, normal situation
Founded
23-07-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of June at 18:00
deed of 27-07-2020 (in Dutch)
Peppol
Reachable since 29-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MITA CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-07-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 27-07-2020 (in Dutch)

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.
“De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en…”
13 activities
  1. De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen-en buitendecoraties
  2. Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
  3. Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van de onroerende goederen
  4. Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
  5. Al de werkzaamheden met betrekking tot de verdeling van water,gas,elektriciteit en andere nutsvoorzieningen
  6. De vaststelling en exploitatie van alle mogelijke transportmiddelen,havens,waterwegen,wegen en andere vervoerswegen
  7. De aankoop,de verkoop,de huur,de invoer en uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van kunstwerken en gebouwen
  8. De voorbereiding,de opstelling en het afsluiten,zowel als mandataris als voor eigen rekening,van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
  9. De vennootschap kan vormingen,seminaries en andere evenementen organiseren betreffende alle voormelde activiteiten en hieromtrent consultancydiensten aanbieden
  10. De vennootschap mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen,overdragen of ruilen,en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten,welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben
  11. Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap
  12. De vennootschap mag het bestuur en de vereffening waarnemen in alle verbonden vennootschappen,met dewelke een of andere band van deelneming bestaat en mag alle leningen,van gelijk welke vorm en voor gelijk welke duur,aan deze laatste toestaan of borgstellingen verstrekken voor deze vennootschappen
  13. Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of in het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar doel te bevorderen
deed of 27-07-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Lodewijk De Meesterstraat 10 registered office 9100 Sint-Niklaas 33140 Repair and maintenance of electrical equipment 23-07-2020 2.305.634.966
1 former office
  • Avenue Reine Astrid 59A, 1780 Wemmel until 12-12-2023 · deed of 31-05-2024

Buildings and parcels at the address

Ground area
58 m²
Buildings
55 m²
Volume, LiDAR
342 m³
Tallest building
10.6 m
Buildings to scale, each on its own parcel
55 m², 10.6 m 55 m², 10.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
46443E2143/00R00058 m² 1 · 55 m² 10.6 m · 2

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 0750.941.633