NAWA Construct
ActiveSummary
NAWA Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,568 and a net result of €80,025. Its solvency ranks better than 55% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Staff
- 1 FTE
- Equity
- €93,568
- Profit
- €80,025
Why 68raises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €197,987lowers riskLiquidity: current ratio 1.99, cash €73,227Show 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 41, micro): better than 55% on solvency, 82% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 2 accounts on average 27 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.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: Nawrocki Alex (director)Permanent representative: Meesters Vincent
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00441547.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 7 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
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 1.1% 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 497,475 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% | 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4,128 | €48,957 | ▲ 12× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €312 | €818 | ▲ 162% |
| Other operating charges640/8 | - | €6,239 | - |
| Gross operating margin9900 | €18,925 | €157,565 | ▲ 733% |
| Operating profit (loss)9901 | €14,485 | €101,551 | ▲ 601% |
| Financial charges65/66B | €1,931 | €1,411 | ▼ 26.9% |
| Recurring financial charges65 | €1,931 | €1,411 | ▼ 26.9% |
| Profit (loss) for the period before taxes9903 | €12,554 | €100,140 | ▲ 698% |
| Income taxes67/77 | €2,511 | €20,115 | ▲ 701% |
| Profit (loss) for the period9904 | €10,043 | €80,025 | ▲ 697% |
| Profit (loss) for the period to be appropriated9905 | €10,043 | €80,025 | ▲ 697% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €45,582 | €197,987 | ▲ 334% |
| Fixed assets21/28 | €7,188 | €45,433 | ▲ 532% |
| Tangible fixed assets22/27 | €7,188 | €45,433 | ▲ 532% |
| Plant, machinery and equipment23 | - | €1,319 | - |
| Furniture and vehicles24 | €7,188 | €44,114 | ▲ 514% |
| Current assets29/58 | €38,395 | €152,553 | ▲ 297% |
| Amounts receivable within one year40/41 | €24,779 | €79,327 | ▲ 220% |
| Trade receivables40 | €23,126 | €67,516 | ▲ 192% |
| Other amounts receivable41 | €1,652 | €11,811 | ▲ 615% |
| Cash at bank and in hand54/58 | €12,621 | €73,227 | ▲ 480% |
| Deferred charges and accrued income490/1 | €995 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €45,582 | €197,987 | ▲ 334% |
| Equity10/15 | €13,543 | €93,568 | ▲ 591% |
| Contributions10/11 | €3,500 | €3,500 | = |
| Reserves13 | €10,043 | €90,068 | ▲ 797% |
| Distributable reserves133 | €10,043 | €90,068 | ▲ 797% |
| Amounts payable17/49 | €32,039 | €104,419 | ▲ 226% |
| Amounts payable after more than one year17 | - | €27,795 | - |
| Financial debts170/4 | - | €27,795 | - |
| Amounts payable within one year42/48 | €31,724 | €76,624 | ▲ 142% |
| Current portion of amounts payable after more than one year42 | - | €8,570 | - |
| Trade debts44 | €16,559 | €23,185 | ▲ 40.0% |
| Suppliers440/4 | €16,559 | €23,185 | ▲ 40.0% |
| Taxes, remuneration and social security45 | €3,903 | €28,459 | ▲ 629% |
| Taxes450/3 | €2,511 | €20,502 | ▲ 717% |
| Remuneration and social security454/9 | €1,392 | €7,956 | ▲ 472% |
| Other amounts payable47/48 | €11,262 | €16,412 | ▲ 45.7% |
| Accrued charges and deferred income492/3 | €315 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €10,043 | €80,025 | ▲ 697% |
| + Depreciation and write-downs630 | €312 | €818 | ▲ 162% |
| Operating cash flow (approximation) | €10,355 | €80,843 | ▲ 681% |
| Investment in fixed assets (approximation) | - | -€39,064 | - |
| Change in cash | - | €60,606 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00441547 |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00468962 |
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
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| WASZKIEWICZ Agnieszka |
|
| NAWROCKI Alex |
|
Owners and capital
Capital and shareholders
- NAWROCKI Alex 100 shares (100%) · €3,500 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-09-2024 Incorporation · €3,500 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 18 September 2024, NAWA Construct was incorporated as a private limited company by one natural person, with a starting capital of €3,500.12 Of the 2 current board members, WASZKIEWICZ Agnieszka has served longest, since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
14-03
Gazette deed
Appointment: Nawrocki Alex (director)Permanent representative: Meesters Vincent3 facts ▸
- General meeting, 27-01-2025
- Director appointment, Nawrocki Alex (director (not named in the articles))
- Permanent representative, Meesters Vincent
20-09
Gazette deed
IncorporationAppointment: WASZKIEWICZ Agnieszka (director) · Founder · Founding capital6 facts ▸
- Incorporation, 18-09-2024
- Founder, NAWROCKI Alex
- Founding capital, €3,500
- Bank account, “Bank Van Breda, bijzondere rekening” (deed in Dutch)
- Director appointment, WASZKIEWICZ Agnieszka (director)
- Pre-incorporation commitments, “takeover, geen verbintenissen in naam van de vennootschap in oprichting aangegaan tot op vandaag” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 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 1013.760.064
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11023A0246/00D000 | Flanders | 658 m² | 1 · 108 m² | 9.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Grondverzet, graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen; Grondverzet…” (deed in Dutch)
85 activities (deed in Dutch)
- Grondverzet, graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen
- Grondverzet met behulp van explosieven
- Schrijnwerkerij
- Plaatsen van behang
- Schilderen van gebouwen
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Dakwerken
- Overige gespecialiseerde bouwwerkzaamheden
- Onderneming voor het optrekken en afbreken van steigers en werkplatforms
- Groothandel in huismeubilair
- Groothandel in huismeubilair
- Groothandel in tapijten
- Groothandel in verlichtingsapparatuur
- Groothandel in kantoormeubelen
- Groothandel in bouwmaterialen
- Algemene reiniging van gebouwen
- Reinigen van het interieur van gebouwen
- Lappen van ramen
- Vegen van schoorstenen en het schoonmaken van vuurplaatsen, kachels, ovens, ketels van centrale verwarming, ventilatiekanalen en uitlaatsystemen
- Reparatie van meubelen en stoffering
- Algemene bouwinstallatie
- Elektrotechnische installatiewerken aan gebouwen
- Elektrotechnische installatiewerken, uitgezonderd aan gebouwen
- Installatie van antennes en bliksemafleiders
- Installatie van de bedrading voor telefooninstallaties en computersystemen
- Installatie van elektrische bedrading en toebehoren
- Installatie van elektrische verwarmingsinstallaties
- Installatie van lichtreclames en uithangborden
- Installatie van stores en zonneschermen
- Installatie van verwarming, klimaatregeling en ventilatie
- Installatie van verwarming, klimaatregeling en ventilatie (zonder verwarming)
- Installaties en apparaten bouwen
- Installaties en apparaten ontwerpen
- Installaties in gebouwen en andere bouwwerkzaamheden van : verwarmingssystemen op elektriciteit, gas of stookolieapparaten, verwarmingsketels, apparaten en leidingen voor ventilatie en klimaatregeling, enzovoort
- Installaties in gebouwen en andere bouwwerken van : loodgieterswerk en sanitaire apparaten, gasleidingen en aansluitingen met uitzondering van gasleidingen voor verwarmingssystemen, waterleidingen, brandblusinstallaties, enzovoort
- Installaties uitbaten
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Gespecialiseerde beeld-, verlichtings-en geluidstechnieken
- Onderhouden en advies leveren aan derden
- Ontwikkelen van technologieën
- Overige bouwinstallatie, niet elders genoemd
- Plaatsen van dakbedekking van ongeacht welk materiaal
- Plaatsen van dakgoten en regenafvoerbuizen
- Restaureren van bouwwerken
- Toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking, enzovoort)
- Uitrusting kopen en verkopen
- Waterdicht maken van daken en dakterrassen
- Montage van buiten-en binnenschrijnwerk van hout of van kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.
- Kleinhandel in inbouwkeukens
- Groothandel in inbouwkeukens
- Groothandel in elektrische huishoudelijke apparaten
- Kleinhandel in elektrische huishoudelijke apparaten
- Handelsbemiddeling in meubelen, huishoudelijke artikelen en ijzerwaren
- Groothanden en detailhandel in meubelen
- Vervaardiging van keukenmeubelen
- Vervaardiging van eetkamer-, zitkamer-, slaapkamer-en badkamermeubelen
- Vervaardiging van tuin-en terrasmeubelen
- Meubelbewaarplaatsen
- Reparatie van meubelen en stoffering
- Detailhandel in parket-, laminaat-en kurkvloeren in gespecialiseerde winkels
- Groothandel in parket-, laminaat-en kurkvloeren in gespecialiseerde winkels
- Plaatsen in gebouwen en andere bouwwerken van: parket en andere houten vloerbedekking, wandbekleding van hout
- Glas plaatsen
- Montage van serres, veranda's enz. in metaal
- Installatie van binnendeuren, scheidingswanden enz. van glas
- Montage van serres, veranda's, enz., in hout of kunststof
- Aanbrengen van glas, spiegels, enz.
- Montage van buiten-en binnenschrijnwerk van hout of van kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.
- Klein en groothandel in ramen en deuren
- Productie van ramen en deuren
- Het uitvoeren en/of coördineren van algemene aannemingen, het bouwen en verbouwen, het onderhoud, de uitrusting, de inrichting, de versiering, de omvorming, de hernieuwing, de expertises en het reinigen en/of: herstellen van alle zogenaamde onroerende goederen, parken en beplantingen
- De studie en uitvoering van; thermische en akoestische isolatiewerken, omvat ook de aankoop, verkoop, verhuring en de handel in het algemeen van alle producten en materialen hiervoor noodzakelijk
- De coördinatie van alle onder aannemingen, het aannemen en uitvoeren van alle metsel -en betonwerken, dak werken terrassen en patio’s, timmerwerken, leveren en plaatsen van hout en metalen spanten, trappen, deuren, scheidingswanden en vloeren, alle dakbedekking werken, vloer -en tegelwerken, plafonneringswerken en cementeringswerken
- Beglazingswerken, sanitaire installaties en onderhoudswerken. Warmte installaties, koude installaties, installaties voor afstandsverwarming en speciale installaties en onderhoudswerken voor ontwikkelen, regenereren, recupereren van warmte en/of koude en/of elektriciteit
- Gevel reiniging werk en, leveren en plaatsen van alle soorten ramen, deuren, rolluiken en zonneweringen, restauratie van monumenten, geklasseerde gebouwen
- Waterbouwkundige werken zoals de eigenlijk zee -en stroomwerken waaronder het bouwen en herstellen van sluizen, stuwdammen, dijken, zee dammen, kanalen, en technische werken aan de waterwegen en de havenwerken, de grote werken van droogleggen en pompen, de grote irrigatiewerken en regeling van de waterlopen, de uitbaggering
- Bijzondere grondwerken zoals boringen, peilingen, uitdiepen, het neerslaan van de grondwaterspiegel, funderingswerken, heiwerk, damplanken, en versterkingswerken van de bodem volgens allerlei methodes
- Onderneming voor alle vormen van bodemsanering
- Draineringswerken en het ruimen van onbevaarbare waterlopen, het graven en onderhouden van vijvers, rivieren en waterlopen
- Het draineren en/of bevloeien van gronden, terreinen, bouwplaatsen, akkers en sportvelden
- Alle andere grondwerken die niet elders worden vernoemd
- Het ontwerpen en oprichten van houten en/of metalen constructies zoals loodsen, bruggen, tank, afrasteringen, sporthallen en steigers
- Het ontwerpen en uitvoeren van alle smeedwerken, siervoorwerpen voor gebouwen, tuinen, planten en recreatieterreinen. Voor alle inrichtingen, complexen en gebouwen, zowel industriële als residentiële, sport en amusementsinrichtingen, als hospitalen, en ziekenhuizen zowel in de privé als in de publieke sector
- Het verlenen van diensten, zoals het managen, verlenen van advies en bijstand, supervisie en werkzaamheden die verband houden met consultancy, marketing, communicatie, publiciteit en public relations
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NAWA Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (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.
- “Bevoegdheden bestuursorgaan, geheel van de bevoegdheden aan hem toegekend, met mogelijkheid een deel te delegeren” (deed in Dutch)
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Helft van de jaarlijkse nettowinst gereserveerd, andere helft uitgekeerd voor zover wettelijke voorwaarden zijn voldaan, algemene…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mail, iedere persoon kan verzaken aan de oproeping en wordt als regelmatig opgeroepen beschouwd als hij aanwezig of vertegenwoordigd is” (deed in Dutch)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
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