Liquidity
1.90 was 1.21 in 2024
Short-term debts fell from €75,494 to €70,181.
NEW CONSTRUCT
Overview
Lifetime
3 annual accounts with figures on one time axispeak €65,758 (2025)
€65,758▲ 28×
lowest -€1,170 (2024)
€43,071▲ €44,240
peak €63,183 (2025)
€63,183▲ 214%
€70,181▼ 7.0%
Board1 name since 2022
1 directorMARCHIS Ioan Florin Daniel
Documentsfilings and deeds
02-11-202694 days late
2025micro format
Gross margin from €2,326 to €65,758Back to profit: €43,071Equity from €20,112 to €63,183Cash from €9,312 to €4,937
Key points
from the 2025 annual accountsFilings
3 annual accounts 94 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€43,071
Higher net result than 85% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
39
Weak
Financially stronger than 66% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.9% Elevated
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 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%
01-2025: 3.3%▼ -0.1 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025lowest value
04-2025: 3.3%● unchanged vs 03-2025
05-2025: 3.3%● unchanged vs 04-2025
06-2025: 3.3%● unchanged vs 05-2025
07-2025: 3.3%● unchanged vs 06-2025
08-2025: 4.5%▲ +1.2 percentage points vs 07-2025
09-2025: 4.9%▲ +0.4 percentage points vs 08-2025
10-2025: 5.3%▲ +0.4 percentage points vs 09-2025
11-2025: 5.3%● unchanged vs 10-2025
12-2025: 5.3%● unchanged vs 11-2025
01-2026: 5.2%▼ -0.1 percentage points vs 12-2025
02-2026: 5.2%● unchanged vs 01-2026
03-2026: 4.5%▼ -0.7 percentage points vs 02-2026
04-2026: 4.5%● unchanged vs 03-2026
05-2026: 4.7%▲ +0.2 percentage points vs 04-2026
06-2026: 4.7%● unchanged vs 05-2026
07-2026: 4.6%▼ -0.1 percentage points vs 06-2026
08-2026: 5.2%▲ +0.6 percentage points vs 07-2026
09-2026: 5.3%▲ +0.1 percentage points vs 08-2026
10-2026: 5.5%▲ +0.2 percentage points vs 09-2026
11-2026: 5.9%▲ +0.4 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €269,992, total assets €133,363
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 94 days late; 2 of the last 3 accounts late
Founded in 2022
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 56% of them on solvency, 23% on liquidity, 91% on profitability and 95% on growth.
The bankruptcy probability was computed on 09-11-2026 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 elevated class on 30-06-2025, 6.3% 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, 39,278 companies had the same profile as NEW CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NEW CONSTRUCT itself is higher: 5.9% within 12 months. It rests on far more data about NEW CONSTRUCT than the profile alone.
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.
| 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 39,278 companies, not a prediction for NEW 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 €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.9 (1.21 in 2024), above the usual 1.5. Short-term debt is 52.6% and cash 3.7% of total assets. However, 52.6% 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.
raises risk
raises risk · 2025 accounts filed 94 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-11-2026, 94 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
94 days late
2024
29 days late
2023
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 61 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 1 October (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0788396994
Incorporation
Founding capital of €100, 100 shares · Founder: MARCHIS Ioan Florin Daniel · Appointment: MARCHIS Ioan Florin Daniel (director) · published on 12-07-2022 · Gazette deed
First establishment
Hof ten Bos 41, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEW CONSTRUCT Dendermonde | €269,992 | 22.6% | 47.4% | - |
| Mendes Construct Zottegem | - | - | 55.0% | - |
| S&S Ghent | €560,710 | 8.6% | 56.4% | - |
| HIDRO ROOF DNA Ghent | - | - | 31.9% | - |
| STETCO Aalter | - | - | 79.0% | - |
| DUPA Oudenaarde | - | - | 77.3% | - |
| GUILLAUME SMEKENS Ghent | - | - | 62.0% | - |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as NEW CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €114,000 and €155,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 08-07-2022Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.333.155.1539200 Dendermonde, since 08-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 28-04-2026
Annual accounts 2025
- €269,992
- €43,071
- €63,183▲ 214%
- €133,363▲ 39.5%
- Filing
- Filed on 02-11-2026
Insights on NEW CONSTRUCT
NEW CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €28,037 in 2023 to €65,758 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 02-11-2026, 94 days late€269,992
€60,976
▲ €62,072
€65,232
▲ 40×
€47,326
▲ 30×
47.4%
▲ 26.3 percentage points
1.90
▲ 0.69
Money flows
of every €100 of turnover, €15.95 remains as profit in 2025Balance sheet
balance sheet total €133,363 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
47.4%
Higher than 55% of 9,462 companies in 2025.
1.90
Higher than 56% of 9,210 companies in 2025.
32.3%
Higher than 86% of 9,282 companies in 2025.
NEW CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · 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 | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
133,363 | 95,606 | 71,960 | |
21/28 |
- | 4,255 | 6,991 | |
22/27 |
- | 4,255 | 6,991 | |
24 |
- | 4,255 | 6,991 | |
29/58 |
133,363 | 91,351 | 64,970 | |
40/41 |
128,427 | 80,993 | 48,513 | |
40 |
81,084 | 75,250 | 37,366 | |
41 |
47,343 | 5,743 | 11,147 | |
54/58 |
4,937 | 9,312 | 15,850 | |
490/1 |
- | 1,047 | 607 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
133,363 | 95,606 | 71,960 | |
10/15 |
63,183 | 20,112 | 21,282 | |
10/11 |
100 | 100 | 100 | |
14 |
63,083 | 20,012 | 21,182 | |
17/49 |
70,181 | 75,494 | 50,679 | |
42/48 |
70,181 | 75,494 | 50,679 | |
43 |
- | 2,442 | - | |
430/8 |
- | 2,442 | - | |
44 |
55,005 | 13,820 | 26,473 | |
440/4 |
7,523 | 13,820 | 26,473 | |
441 |
47,482 | - | - | |
46 |
- | 52,654 | 17,400 | |
45 |
15,176 | 6,532 | 6,806 | |
450/3 |
15,176 | 6,532 | 6,806 | |
47/48 |
- | 46 | - | |
| Income statement | ||||
70 |
269,992 | - | - | |
9900 |
65,758 | 2,326 | 28,037 | |
60/61 |
204,235 | - | - | |
630 |
4,255 | 2,735 | 1,216 | |
640/8 |
526 | 686 | 312 | |
9901 |
60,976 | -1,096 | 26,510 | |
75/76B |
1,209 | 252 | 341 | |
75 |
1,209 | 252 | 341 | |
65/66B |
4,680 | 326 | 133 | |
65 |
4,680 | 326 | 133 | |
9903 |
57,505 | -1,170 | 26,718 | |
67/77 |
14,435 | - | 5,536 | |
9904 |
43,071 | -1,170 | 21,182 | |
9905 |
43,071 | -1,170 | 21,182 | |
| Appropriation of the result | ||||
9906 |
63,083 | 20,012 | 21,182 | |
14P |
20,012 | 21,182 | - | |
| Document | ||||
The notes to these accounts have 4 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 02-11-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 94 days after the deadline. Filed on 2 November 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00602711.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 65,232 | 1,640 | 27,725 | ||
| 47,326 | 1,566 | 22,397 | ||
| 0 | 0 | 8,206 | ||
| -4,375 | -6,538 | - | ||
| 63,183 | 15,857 | 14,291 | ||
| 22.6% | - | - | ||
| 47.4% | 21.0% | 29.6% | ||
| 1.90 | 1.21 | 1.28 | ||
| 1.11 | 3.75 | 2.38 | ||
| 68.2% | -5.8% | 99.5% | ||
| 32.3% | -1.2% | 29.4% | ||
| 13.94 | 5.03 | over 100 | ||
| 110 days | - | - | ||
| 98 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| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €8,206 |
| €4,255 | €2,735 | €1,216 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on NEW CONSTRUCT
The operating result for 2025 is a profit of €60,976, after a loss of €1,096 in 2024. It is the highest result since 2023.
Debt's share of the balance-sheet total falls from 79.0% to 52.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector
since 07-07-2022
term without a fixed end
listed in the 2024 annual accounts, filed on 29-08-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-07-2022
Mandates through the years
1 name, the dashed line is todayMARCHIS Ioan Florin Daniel
Director
Director
Board
Mandates as a list
- MARCHIS Ioan Florin Daniel
- Director, from 07-07-2022 to date
Control
Capital
- Contribution
- €100
- Shares
- 100
- Contribution per share
- €1
- Equity per share
- €632 in 2025
- Source
- deed of 12-07-2022
Articles of association
deed of 12-07-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Alle handelingen nodig of dienstig tot verwezenlijking van voorwerp,behalve deze die wet of statuten aan algemene vergadering voorbehouden…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 10:00
Founder
At incorporation
deed of 12-07-2022 ↗
- MARCHIS Ioan Florin Daniel sole founder · 100% at incorporation
Network & group
No group
NEW CONSTRUCT has no parent and no holdings in its annual accounts. MARCHIS Ioan Florin Daniel is the only director. NEW CONSTRUCT shares no director with another company.
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 94 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788396994
2025
Back to profit net €43,071 The net result is €43,071, after one loss-making year.
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Weakest financial year net -€1,170 The net result drops to -€1,170, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 61 days late
2022
IncorporationFounding capital of €100, 100 shares · Founder: MARCHIS Ioan Florin Daniel · Appointment: MARCHIS Ioan Florin Daniel (director) · published on 12-07-20223 points ▸
- Founder, MARCHIS Ioan Florin Daniel
- Founding capital, €100, 100 shares
- Director appointment, MARCHIS Ioan Florin Daniel
- The deed holds 4 more points.
First establishment Hof ten Bos 41, Dendermonde
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
NEW CONSTRUCT was incorporated on 8 July 2022 as a private limited company by one natural person, with a starting capital of €100.12 Since 2022, MARCHIS Ioan Florin Daniel has served as director.3 Total assets rose from €71,960 in 2023 to €133,363 in 2025.4
Company details
Identity
- Enterprise number
- 0788.396.994
- VAT number
- BE 0788.396.994
- Peppol ID
- 0208:0788396994
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-07-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 10:00deed of 12-07-2022 (in Dutch)
- Peppol
- Reachable since 28-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- NEW CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-07-2022 (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 12-07-2022 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle activiteiten eigen aan en die verband houden met een onderneming actief in de bouwsector en alle mogelijke technische verrichtingen met…”deed of 12-07-2022 (in Dutch)
7 activities
- Alle activiteiten eigen aan en die verband houden met een onderneming actief in de bouwsector en alle mogelijke technische verrichtingen met betrekking tot de bouw,renovatie en voltooiing op onroerend gebied:de omvorming,de aanpassing van elk gebouw en met name alle werkzaamheden schrijnwerkerij,tapijtwerk,van leggen van bekledingen van muren en bodems,cementwerk,plafonnering,verfwerken,metsel-en betonwerken,het afmeten en leggen van stenen en marmer,van beglazing,zinkwerken,metalen en niet metalen afdekking,evenals afbraakwerken,installatie van centrale verwarming,gasverwarming door individuele apparaten,en van sanitair en loodgieterij,en het plaatsen van elektrische apparatuur en bedrading.
- De vennootschap heeft tot voorwerp het plaatsen van verwarming,reiniging en herstelling van gevels;het plaatsen van thermische en akoestische isolatie,werkzaamheden van drooglegging van bouw andere dan door asfalt;de bouw van uitneembare paviljoenen en niet-metalen constructies,het plaatsen van sloten,het leggen van parketten,het plaatsen van wanden en plafonds in hout,alle plaatsing van luiken,PVC materialen,schrijnwerkerij.
- Zij heeft tot voorwerp de installatie van systemen voor ventilatie,voor verwarming door warme lucht,voor conditionering van lucht evenals het plaatsen van industriële leidingen.
- De verkrijging,de verhuur,het beheer en/of de uitbating voor eigen rekening,voor rekening van een derde,door en met derden van koffieshops,snackrestaurants,tavernen,drankslijterijen,verbruikslokalen,cabarets,feestzalen,discotheken,hotels,restaurants,vestiaires,lokalen,en alle gelijkaardige instellingen evenals alle nevendiensten voor warme en koude maaltijden,en meer algemeen alle activiteiten die geen toegang tot het beroep vereisen.
- De handel,onder al haar vormen,en meer bepaald de invoer of uitvoer,aankoop of verkoop,in groot-of kleinhandel,vervoer,huur,verhuur,vertegenwoordiging,promotie,installatie,fabricatie,transformatie,van alle goederen en producten,in de meest ruime zin van het woord,waaronder bijvoorbeeld ijswaren,alcoholische en niet alcoholische dranken,zuivelproducten,tabakswaren,brood-en banketwaren,suikergoed,en meer algemeen,alle goederen en producten die rechtstreeks of onrechtstreeks verband houden met haar voorwerp.
- De verkoop van bereide schotels om mee te nemen,het inrichten van banketten en alle activiteiten die er rechtstreeks of onrechtstreeks verband mee houden.
- De uitbating van frituren en alle mogelijke verrichtingen in het kader van die activiteit.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hof ten Bos 41 registered office 9200 Dendermonde 25110 Manufacture of metal structures and parts of structures | 08-07-2022 | 2.333.155.153 |
Buildings and parcels at the address
- Ground area
- 152 m²
- Buildings
- 115 m²
- Volume, LiDAR
- 493 m³
- Tallest building
- 8.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42016C0793/00X000 | 152 m² | 1 · 115 m² | 8.2 m · 1 |
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 0788.396.994