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Nasa Construct

Active
Private limited companyfounded 2024active for 2 yearsMeensesteenweg 118, 8800 Roeselare, BelgiumKBO/BCE: BE 1013.942.483
Summary

Nasa Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,314 and a net result of €12,314. Its solvency ranks better than 75% of 9,320 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€21,422total assets 2025
Staff
0.3 FTE
Equity
€14,314
Profit
€12,314
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts 44 days early
Why 69raises riskFounded in 2024Size: total assets €21,422Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.95, cash €10,194Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 85% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 92
equity 66.8% of total assets
Liquidity 86
short-term debt 33.2% · cash 47.6%
Profitability 100
return on assets 57.5%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,441 companies, NACE 41, micro)
Last 24 months 10-2025: 3.6% 11-2025: 3.6%● unchanged vs 10-2025 12-2025: 3.8%▲ +0.2 percentage points vs 11-2025 01-2026: 4.1%▲ +0.3 percentage points vs 12-2025 02-2026: 4.2%▲ +0.1 percentage points vs 01-2026 03-2026: 4.6%▲ +0.4 percentage points vs 02-2026 04-2026: 4.6%● unchanged vs 03-2026 05-2026: 5.0%▲ +0.4 percentage points vs 04-2026 06-2026: 5.0%● unchanged vs 05-2026 07-2026: 4.8%▼ -0.2 percentage points vs 06-2026 08-2026: 5.1%▲ +0.3 percentage points vs 07-2026 09-2026: 5.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -4.3 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.95, above the usual 1.5; short-term debt: 33.2% and cash: 47.6% of total assets), and 33.2% 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 76% on solvency, 87% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.95, cash €10,194
NBB · annual accounts
raises risk · Size: total assets €21,422
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
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 17-06-2026, 44 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
44 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: LIMANI Abdulla (director) and…

Financials · financial year 2025, micro format

Equity
€14,314
Total assets
€21,422
Net result
€12,314
Working capital
€6,771

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €21,422
Fixed assets €7,543
Current assets €13,879
Equity and liabilities €21,422
Equity €14,314
Debt €7,108
Debt finances 33.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,603
Cash flow
€16,771
Current ratio
1.95
Debt to equity
0.50
ROE
86.0%
ROA
57.5%
Interest coverage
8.25
Debt ≤ 1 year
€7,108
Income taxes
€3,092
Staff costs
€10,022

Peer companies

Historical observation

Of 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
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€21,422
Fixed assets21/28€7,543
Tangible fixed assets22/27€7,543
Furniture and vehicles24€7,543
Current assets29/58€13,879
Amounts receivable within one year40/41€3,686
Trade receivables40€1,982
Other amounts receivable41€1,704
Cash at bank and in hand54/58€10,194
Equity and liabilities
Total equity and liabilities10/49€21,422
Equity10/15€14,314
Contributions10/11€2,000
Reserves13€12,314
Distributable reserves133€12,314
Amounts payable17/49€7,108
Amounts payable within one year42/48€7,108
Trade debts44€1,695
Suppliers440/4€1,695
Taxes, remuneration and social security45€5,413
Taxes450/3€3,292
Remuneration and social security454/9€2,122
Income statement Code2025
Remuneration, social security and pensions62€10,022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,457
Other operating charges640/8€679
Gross operating margin9900€33,304
Operating profit (loss)9901€18,146
Financial charges65/66B€2,740
Recurring financial charges65€2,740
Profit (loss) for the period before taxes9903€15,406
Income taxes67/77€3,092
Profit (loss) for the period9904€12,314
Profit (loss) for the period to be appropriated9905€12,314
Appropriation of the result
Profit (loss) to be appropriated9906€12,314
Transfer to equity691/2€12,314
To other reserves6921€12,314

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€10,022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,457
Other operating charges640/8€679
Gross operating margin9900€33,304
Operating profit (loss)9901€18,146
Financial charges65/66B€2,740
Recurring financial charges65€2,740
Profit (loss) for the period before taxes9903€15,406
Income taxes67/77€3,092
Profit (loss) for the period9904€12,314
Profit (loss) for the period to be appropriated9905€12,314
Line2025
Assets
Total assets20/58€21,422
Fixed assets21/28€7,543
Tangible fixed assets22/27€7,543
Furniture and vehicles24€7,543
Current assets29/58€13,879
Amounts receivable within one year40/41€3,686
Trade receivables40€1,982
Other amounts receivable41€1,704
Cash at bank and in hand54/58€10,194
Equity and liabilities
Total equity and liabilities10/49€21,422
Equity10/15€14,314
Contributions10/11€2,000
Reserves13€12,314
Distributable reserves133€12,314
Amounts payable17/49€7,108
Amounts payable within one year42/48€7,108
Trade debts44€1,695
Suppliers440/4€1,695
Taxes, remuneration and social security45€5,413
Taxes450/3€3,292
Remuneration and social security454/9€2,122
Line2025
Profit (loss) for the period9904€12,314
+ Depreciation and write-downs630€4,457
Operating cash flow (approximation)€16,771

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00180283

Similar companies · same sector, comparable size

Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,272. 10,787 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €1,487 awarded · €1,487 paid
Schemes
1 entry · €1,487 · €1,487 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024
KRASNIQI Naser
Director (not named in the articles) · since 25-09-2024
Current
LIMANI Abdulla
Director (not named in the articles) · since 25-09-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
KRASNIQI Naser
  • Director (not named in the articles), from 25-09-2024 to date
LIMANI Abdulla
  • Director (not named in the articles), from 25-09-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 25-09-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 25-09-2024 Incorporation · €2,000 · 100 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Nasa Construct was incorporated on 23 September 2024 as a private limited company by two natural persons, with a starting capital of €2,000.12 The board currently has 2 members; 2 of them have served since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-09-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
17-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
25-09
Gazette deed Incorporation
Appointments: LIMANI Abdulla (director) and KRASNIQI Naser (director) · Founder · Founding capital9 facts ▸
  • Incorporation, “Nasa Construct” (deed in Dutch)
  • Founder, LIMANI Abdulla
  • Founder, KRASNIQI Naser
  • Founding capital, €2,000
  • Other provision, “bevestiging deponering inbrengen”, EUR (deed in Dutch)
  • Registered office clause, “8800 Roeselare,Meensesteenweg 118” (deed in Dutch)
  • Director appointment, LIMANI Abdulla (director (not named in the articles))
  • Director appointment, KRASNIQI Naser (director (not named in the articles))
  • Other provision, “controle Centraal Register van bestuursverboden, niet opgenomen” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded23-09-2024
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013942483
Also 9925:BE1013942483
Registered 29-10-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 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 1013.942.483

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
111 m²
Parcel 36503C0999/00E002, Flanders. Linked by address, not a title deed.
1 establishment unit
Nasa Construct
Meensesteenweg 118, 8800 RoeselareGeneral construction of residential buildings
since 2024unit no. 2.364.182.879
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36503C0999/00E002 Flanders 111 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Alle werkzaamheden in verband met de bouw,gaande van afbraak,voorbereidende werken,ruwbouw,dakwerken,schrijnwerken,elektriciteit en…” (deed in Dutch)
12 activities (deed in Dutch)
  1. Alle werkzaamheden in verband met de bouw,gaande van afbraak,voorbereidende werken,ruwbouw,dakwerken,schrijnwerken,elektriciteit en loodgieterijwerken,bevloering en alle andere werken die verband houden met renovatie en nieuwbouw;
  2. Bouwpromotie begrijpende aankoop en verkoop van gronden en gebouwen,renovatie van gebouwen en uitvoeren van bouwprojecten;
  3. Schoonmaakdiensten;
  4. Tuinaanneming.
  5. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
  6. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen;
  7. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies;
  8. Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa;
  9. De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel;
  10. Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
  11. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Nasa Construct
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van bestuursorgaan oprichten of opheffen wanneer en waar nodig,voor zover geen wijziging taalregime” (deed in Dutch)

deed of 25-09-2024

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, met of zonder beperking van duur” (deed in Dutch)
“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel” (deed in Dutch)
“2” (deed in Dutch)

deed of 25-09-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of June at 17:00

deed of 25-09-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 25-09-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden bestuursorgaan, geheel van bevoegdheden toegekend,met mogelijkheid deel te delegeren” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, meerderheid van stemmen ongeacht vertegenwoordigde effecten behoudens wet of statuten anders” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Uitkering dividenden en interimdividenden, bestuursorgaan op eigen verantwoordelijkheid overeenkomstig wettelijke bepalingen” (deed in Dutch)
3 more provisions in the deed, see the deed of 25-09-2024

deed of 25-09-2024