NDERO CONSTRUCT
ActiveSummary
NDERO CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €9,903. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 10% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
- Equity
- €3,000
- Profit
- €9,903
Why 63raises riskFounded in 2022Equity €3,000 (4.1% of total assets)lowers riskLiquidity: current ratio 1.03, cash €13,399Figures for financial year 2025 (filed 27-06-2026)Show 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 10% on solvency, 13% on liquidity, 70% on profitability and 5% on growth.
The bankruptcy probability was computed on 30-10-2026 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 4 accounts on average 13 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2022 to 2025net €11,731 ▲898%
Financials · financial year 2025, micro format
2022 to 2025, 4 financial years
The operating result falls in 2025; 2025 is 8% below 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- 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 1.4% 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%.
| 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 2,157 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €135 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €135 | €2,311 | €3,081 | €3,081 | = |
| Other operating charges640/8 | €44 | €99 | €358 | €1,076 | ▲ 201% |
| Non-recurring operating charges66A | - | €180 | - | - | - |
| Gross operating margin9900 | €1,891 | €4,255 | €18,263 | €17,848 | ▼ 2.3% |
| Operating profit (loss)9901 | €1,712 | €1,665 | €14,824 | €13,690 | ▼ 7.6% |
| Financial income75/76B | - | €0 | €21 | €18 | ▼ 11.9% |
| Recurring financial income75 | - | €0 | €21 | €18 | ▼ 11.9% |
| Financial charges65/66B | €26 | €141 | €105 | €1,064 | ▲ 912% |
| Recurring financial charges65 | €26 | €141 | €105 | €1,064 | ▲ 912% |
| Profit (loss) for the period before taxes9903 | €1,686 | €1,525 | €14,739 | €12,644 | ▼ 14.2% |
| Income taxes67/77 | €357 | €349 | €3,008 | €2,741 | ▼ 8.9% |
| Profit (loss) for the period9904 | €1,329 | €1,176 | €11,731 | €9,903 | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €1,329 | €1,176 | €11,731 | €9,903 | ▼ 15.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,393 | €23,498 | €63,505 | €73,437 | ▲ 15.6% |
| Fixed assets21/28 | €12,165 | €7,337 | €4,256 | €1,175 | ▼ 72.4% |
| Tangible fixed assets22/27 | €12,165 | €7,337 | €4,256 | €1,175 | ▼ 72.4% |
| Plant, machinery and equipment23 | - | €895 | €693 | €491 | ▼ 29.2% |
| Furniture and vehicles24 | €12,165 | €6,443 | €3,563 | €684 | ▼ 80.8% |
| Current assets29/58 | €11,228 | €16,160 | €59,248 | €72,262 | ▲ 22.0% |
| Stocks and contracts in progress3 | - | - | €1,865 | - | - |
| Stocks30/36 | - | - | €1,865 | - | - |
| Amounts receivable within one year40/41 | €6,894 | €15,794 | €51,257 | €56,931 | ▲ 11.1% |
| Trade receivables40 | €6,373 | €7,324 | €49,442 | €55,142 | ▲ 11.5% |
| Other amounts receivable41 | €520 | €8,470 | €1,815 | €1,789 | ▼ 1.4% |
| Cash at bank and in hand54/58 | €4,334 | €342 | €3,231 | €13,399 | ▲ 315% |
| Deferred charges and accrued income490/1 | - | €25 | €2,894 | €1,933 | ▼ 33.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,393 | €23,498 | €63,505 | €73,437 | ▲ 15.6% |
| Equity10/15 | €3,000 | €3,000 | €13,013 | €3,000 | ▼ 76.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | - | - | €10,013 | - | - |
| Amounts payable17/49 | €20,393 | €20,498 | €50,491 | €70,437 | ▲ 39.5% |
| Amounts payable within one year42/48 | €20,393 | €20,498 | €50,491 | €70,437 | ▲ 39.5% |
| Trade debts44 | €15,087 | €11,969 | €31,630 | €32,097 | ▲ 1.5% |
| Suppliers440/4 | €15,087 | €11,969 | €31,630 | €32,097 | ▲ 1.5% |
| Taxes, remuneration and social security45 | €1,957 | €706 | €4,608 | €4,884 | ▲ 6.0% |
| Taxes450/3 | €357 | €706 | €3,008 | €3,284 | ▲ 9.2% |
| Remuneration and social security454/9 | €1,600 | - | €1,600 | €1,600 | = |
| Other amounts payable47/48 | €3,349 | €7,823 | €14,254 | €33,456 | ▲ 135% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,329 | €1,176 | €11,731 | €9,903 | ▼ 15.6% |
| + Depreciation and write-downs630 | €135 | €2,311 | €3,081 | €3,081 | = |
| Operating cash flow (approximation) | €1,464 | €3,487 | €14,813 | €12,984 | ▼ 12.3% |
| Investment in fixed assets (approximation) | - | €2,517 | €0 | €0 | - |
| Change in cash | - | -€3,993 | €2,890 | €10,167 | ▲ 252% |
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 (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-06-2026 | 2026-00207709 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00429305 |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00382770 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00369315 |
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 |
|---|---|
| FEJZULI Ljavdim |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-08
Gazette deed
IncorporationAppointment: FEJZULI Ljavdim (director) · Permanent representative: FEJZULI Ljavdim · Founder11 facts ▸
- Founder, FEJZULI Ljavdim
- Founding capital, €3,000
- Other provision, “acte notarié, adoption des statuts” (deed in French)
- General meeting, “unanimité, comparants formant l'assemblée par adoption des statuts,société définitivement constituée” (deed in French)
- Registered office clause, “5310 Eghezée,rue du Bocage,34” (deed in French)
- Board rule, 1
- Director appointment, FEJZULI Ljavdim (director (not named in the articles))
- Other provision, “Rémunération du mandat d'administrateur, sauf autre décision ultérieure de l'assemblée générale” (deed in French)
- Permanent representative, FEJZULI Ljavdim (représentant permanent de la société)
- Incorporation, “5310 Eghezée,rue du Bocage,34, Société à responsabilité limitée” (deed in French)
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant,et toutes activités entreprises par l’un ou l’autre des comparants au nom et pour compte de la société en…” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 0789.319.979
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 |
|---|---|---|---|---|
| 92035A0579/00R004 | Wallonia | 209 m² | 1 · 58 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'étude et la réalisation de tous travaux de construction,la conception et la construction de tous bâtiments et édifices,publics et…” (deed in French)
51 activities (deed in French)
- L'étude et la réalisation de tous travaux de construction,la conception et la construction de tous bâtiments et édifices,publics et privés,en qualité d'entrepreneur général ou en sous-traitance.
- La promotion immobilière résidentielle et non résidentielle ;
- La réalisation de tous travaux de gros œuvre,et plus généralement,l’entreprise générale en construction ;
- La réalisation de gros œuvre de maisons individuelles ;
- La réalisation de gros œuvre de bâtiments à cellules multiples (appartements,bureaux,… )
- La construction générale de bâtiments résidentiels
- La construction générale d'autres bâtiments non résidentiels
- La réalisation de gros œuvre de bâtiments et ouvrages industriels ou commerciaux,de dépôts de véhicules,d'entrepôts,d'écoles,de cliniques,de bâtiments pour la pratique d'un culte,etc.
- Le montage de hangars,granges,silos,...,à usage agricole
- La construction d'autres ouvrages de génie civil n.c.a.
- La réalisation de tous travaux de constructions spécialisés,de travaux de drainage de chantiers de construction,de forages et sondages,de travaux de dragage,et de mise en place de fondations ;
- Tous travaux de maçonnerie et de ravalement de façade ;
- Tous travaux de terrassement,de comblement,de nivellement,de pose de chape,de pose de carrelages et de marbreries etc ;
- Tous travaux de sablage,de cimentage,de rejointoiement,de stratification,d’isolation et d’hydrofuge ;
- Tous travaux de destruction,de terrassement,nivellement de chantiers,ouvertures de tranchées et de dérochement ;
- L’installation de piscines privées ;
- Tous travaux de construction,de rénovation ou d’entretien des toitures ;
- Tous travaux de zinguerie,de recouvrement de corniches en PVC,de démoussage de toiture,de ramonage de cheminées,de couverture métallique,d’étanchéité de constructions ;
- Aménagement et entretien de terrain divers ;
- Constructions métalliques et ouvrages d’art métalliques,montages et démontages d’échafaudages et de plateformes de travail ;
- La construction de cheminées décoratives et de feux ouverts ;
- Tous travaux de ferraillage et pose de coffrage ;
- Tous travaux d’installation électrique ;
- L'étude et la réalisation de tous travaux de plomberie et d’installation de chauffage central,chauffage au gaz par appareil individuel,de ventilation et de conditionnement d'air et d’installation de sanitaire;
- Tous travaux de construction de réseaux de distribution d'eau et de gaz ;
- Tous travaux de construction de réseaux d'évacuation des eaux usées ;
- Tous travaux de construction de réseaux d'adduction,de distribution et d'évacuation des eaux ;
- Tous travaux de mise en place des éléments d'évacuation des eaux de pluie ;
- Tous travaux d'isolation : Mise en œuvre dans des bâtiments ou d'autres projets de construction de: matériaux d'isolation thermique,matériaux d'isolation acoustique et antivibratile ;
- Tous travaux d'isolation de canalisations de chauffage ou de réfrigération ;
- Travaux d'isolation de chambres froides ou d'entrepôts frigorifiques ;
- L'étude et la réalisation de décorations tant intérieures qu'extérieures ;
- Tous travaux de finition et de décoration intérieur et d’extérieur ;
- Peinture de travaux de génie civil ;
- Tous travaux de peinture intérieur,extérieur,peinture industrielle,peinture en bâtiment,façade,décoration trompe l'œil,peinture d'ossatures métalliques ;
- Tous travaux de pose de papiers peints et de revêtements de murs et de sols en d'autres matériaux;
- Tous travaux de placement,la rénovation et l’entretien de tous types de revêtement de sol,notamment vinyle,linoléum,… ;
- Tous travaux de plafonnages,de plâtrerie,de pose de plaques de gybroc,de plafonds,de faux plafonds et de réalisation de cloisons ;
- Tous travaux de menuiserie générale intérieure ou extérieure,de vitrerie et d’entretien ;
- Tous travaux de montage de menuiseries extérieures et intérieures: portes,fenêtres,escaliers,placards de cuisines équipées,équipements pour magasins,dormants de portes et fenêtres,etc.
- Tous travaux de montage de cloisons mobiles,revêtement de murs,de plafonds etc.,en bois,en matière plastique ou en matière métallique ;
- Tous travaux de montage de portes de garage,de volets,de persiennes,de grillages,de grilles etc.,en bois,en matière plastique ou en matière métallique ;
- Tous travaux de montage de portes blindées et de portes coupe-feux,en bois,en matière plastique ou en matière métallique ;
- Tous travaux de pose de revêtements en bois de sols et de murs,de pose de parquets et autres revêtements de sols en bois,revêtement de cloison en bois ;
- Tous travaux de montage de serres,de vérandas etc.,en bois,en matière plastique ou en matière métallique ;
- Tous travaux de rénovation en général et de mise en valeur de biens immobiliers.
- Déblayage des chantiers ;
- Tous travaux de nettoyage de sols,murs et façades ;
- Nettoyage de bâtiments nouveaux et remise en état des lieux après travaux ;
- L’achat,la vente et la location de tous types véhicules utilitaires,de grue,camions,camionnettes,remorques etc… ;
- La fabrication,la commercialisation,l’achat,la vente,l’import,l’export,le courtage,le commerce de gros et de détail,l’installation,la location et l’entretien de tout produit se rapportant directement ou indirectement aux activités ci-dessus et à tout produit dérivé.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NDERO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 5310 Eghezée,rue du Bocage,34” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “1- Adresse du siège : L’adresse du siège est située à 5310 Eghezée, rue du Bocage, 34. 2- Administrateur non statutaire : L’assemblée décide…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d'administration” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Répartition des bénéfices et des produits de la liquidation, rémunération des apports” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs proportionnellement si plusieurs, à titre onéreux,à titre gratuit,volontaires,forcées exclusion et…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique, organe qui procède à l'émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Comme en matière de modification des statuts, assemblée générale” (deed in French)“Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed