Active BE 0726.953.533Private limited companyOpen bankruptcy

NICOLAE CONSTRUCT

Boogschuttersstraat 39 ·1081 Koekelberg, Belgium· 7 yrs active

Conclusion Checked

A bankruptcy procedure is open for NICOLAE CONSTRUCT according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €7k and a net result of €-7k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€7k
Net result	€-7k
Active	7 yrs
Board	1

Financial profile 5 of 5 axes measured · computed by Checked

15 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 25

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

53 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags1 events

Address struck

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 12-10-2023 with the NBB · fiscal year 2021 · micro

Operating resultNet result

EBITDA

€-991

- 19-21

Net profit

€-7k

- 19-21

Cash flow

€-2k

- 19-21

Total assets

€30k

-24.2% 19-21

Equity

€7k

-46.7% 19-21

Working capital

€-12k

-100.7% 19-21

Income taxes

€400

-64.1% 19-21

Debt

€23k

-12.1% 19-21

Show 9 other metrics

Debt ≤ 1y

€17k

+8.8% 19-21

Debt > 1y

€6k

-41.1% 19-21

Current ratio

0.26

-56.7% 19-21

Quick ratio

0.26

-54.8% 19-21

Solvency

24.6%

-29.7% 19-21

Debt / equity

3.07

+299.1% 19-21

ROE

-87.5%

- 19-21

ROA

-21.5%

- 19-21

Interest coverage

-3.71

- 19-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€-991
Net profit	€-7k
Cash flow	€-2k
Staff costs	-
Income taxes	€400
Dividends	-
Total assets	€30k
Equity	€7k
Debt	€23k
of which ≤ 1y	€17k
of which > 1y	€6k
Working capital	€-12k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.26
Quick ratio	0.26
Working capital ratio	-40.4%
Solvency	24.6%
Debt / equity	3.07
Long-term debt ratio	0.85
Interest coverage	-3.71
Gross margin	-
Net margin	-
ROA	-21.5%
ROE	-87.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €26k · 85.9% Current assets €4k · 14.1%

Equity & liabilities

Equity €7k · 24.6% Debt €23k · 75.4%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€30k
Fixed assets	21/28	€26k
Tangible fixed assets	22/27	€26k
Financial fixed assets	28	€130
Current assets	29/58	€4k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€191
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€30k
Equity	10/15	€7k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€1k
Amounts payable	17/49	€23k
Amounts payable after one year	17	€6k
Amounts payable within one year	42/48	€17k
Trade debts payable within one year	44	€12k
Income statement
Gross operating margin	9900	€-755
Operating result	9901	€-6k
Financial charges	65	€267
Result before taxes	9903	€-6k
Income taxes	67/77	€400
Net result for the period	9904	€-7k
Result to be appropriated	9905	€-7k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Sudea Cristian
Director
State Gazette act 25061498 (14-05-2025)

Current
30-03-2025 → present

Former directors (1)

Săsăran leronim
Director
State Gazette act 25061498 (14-05-2025)

Former
- → 30-03-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID (BTE 3), 1780 WEMMEL	03-10-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	21-05-2019
Status	Active
Postal code	1081
First BS signal	08-10-2025
Latest BS signal	08-10-2025

Establishment units 1 location

NICOLAE CONSTRUCT

Xavier De Buestraat 46, 1180 UkkelVervaardiging van metalen constructiewerken of gebinten voor de bouw

since 20192.289.286.013

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21016B0034/00Y014	Brussels	465 m²	1 · 338 m²	21.9 m · 2 fl.
21492B0003/00R007	Brussels	121 m²	1 · 100 m²	16.1 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

08-10-2025

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL NICOLAE CONSTRUCT RUE DES ARCHERS 39, 1081 KOEKELBERG · event 03-10-2025

14-05-2025

State Gazette act Capital & shares

17-01-2025

KBO administration Address struck

2023

12-10-2023

NBB filing Annual accounts filed

fiscal year 2021 · micro

03-07-2023

State Gazette act Capital & shares

2021

26-11-2021

State Gazette act Capital & shares

28-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

17-06-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

Lifecycle & Insolvency Signals2 events

08-10-2025

Bankruptcy Opening

Date: 03-10-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL NICOLAE CONSTRUCT RUE DES ARCHERS 39, 1081 KOEKELBERG · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 17-01-2025 to 03-10-2025.

Available in Kantoor S. See plans →

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts

Capital history · 3

14-05-2025

Capital change

03-07-2023

Capital change

26-11-2021

Capital change

All acts · 3 updated 1 year ago

2025

14-05-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "S\u0103s\u0103ran leronim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Sudea Cristian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Lita Denis-Alexandru",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_buyback",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "S\u0103s\u0103ran leronim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Lita Denis-Alexandru",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "faelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2025-05-07",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2025-03-30",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-03-30"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0726.953.533",
    "name_full": "NICOLAE CONSTRUCT",
    "legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Sudea Cristian",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "S\u0103s\u0103ran leronim",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Lita Denis-Alexandru",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Neagu Marian",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

2023

03-07-2023 Buyback of own shares Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Leschian Leonard Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Sasaran leronim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_buyback",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_class_creation",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Sasaran leronim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Lita Denis-Alexandru",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Monsieur Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": "2023-06-23",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2023-06-01",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0726.953.533",
    "name_full": "NICOLAE CONSTRUCT",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur Sasaran leronim",
      "role": "aandeelhouder",
      "n_shares": 80,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur Lita Denis-Alexandru",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Monsieur Neagu Marian",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

2021

26-11-2021 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Neagu Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 80,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Leschian Leonard",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Lita Denis-Alexandru",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Leschian Leonard Marian",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2021-11-26",
    "filing_date": null,
    "act_kind_objet": "D\u00E9mission d\u0027un administrateur et administrateur d\u00E9l\u00E9gue\nTransfert d\u0027actions- transfert du si\u00E8ge social\nNomination d\u0027un administrateur"
  },
  "decision": {
    "body": "assembl\u00E9e_generale_extraordinaire",
    "act_date": "2021-09-30",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0726.953.533",
    "name_full": "NICOLAE CONSTRUCT",
    "legal_form": "SRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Neagu Marian",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 80.0,
      "kind": "person",
      "name": "Neagu Marian",
      "role": "aandeelhouder",
      "n_shares": 80,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 10.0,
      "kind": "person",
      "name": "Leschian Leonard",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 10.0,
      "kind": "person",
      "name": "Lita Denis-Alexandru",
      "role": "aandeelhouder",
      "n_shares": 10,
      "share_class": null
    }
  ],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

NICOLAE CONSTRUCT

Registered office

Boogschuttersstraat 39

1081 Koekelberg, Belgium

Registration history

17-01-2025 Address struck

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.