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NL CONSTRUCT

Active Private limited companyfounded 2022active for 4 yearsSteenweg op Mechelen 455, 1950 KraainemKBO/BCE: BE 0788.319.889

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €5,172 (2023)
€1,369 
peak €3,612 (2023)
€33 
peak €6,112 (2023)
-€5,182 
€14,478 
Board5 names since 2022
2 directorsAit Allal Hamaid and 1 other
Documentsfilings and deeds
26-06-2026146 days late
2025abbreviated format
No figures for the year before

Key points

from the 2025 annual accounts

Equity

-€5,182
20232025

Debts exceed assets in financial year 2025.

Turnover

≈ €12,000 estimated

The accounts state no turnover.

Debts

€14,478 156% of the balance sheet
Suppliers 79%Taxes and wages 16%Other 5%

Board

1 joined · 2 left

Board changed. Latest change 05-11-2026 · 1 in office.

Position in the sector

-55.7%

Lower solvency than 95% of companies in specialised construction. Sector median 44.0% · 9,967 companies.

2025 accounts filed 146 days after the deadline

Checked score

51
Fair
Financially stronger than 21% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 5.5% 01-2025: 5.4%▼ -0.1 percentage points vs 12-2024 02-2025: 5.5%▲ +0.1 percentage points vs 01-2025 03-2025: 5.6%▲ +0.1 percentage points vs 02-2025 04-2025: 7.3%▲ +1.7 percentage points vs 03-2025 05-2025: 7.4%▲ +0.1 percentage points vs 04-2025 06-2025: 8.4%▲ +1.0 percentage point vs 05-2025 07-2025: 11.0%▲ +2.6 percentage points vs 06-2025 08-2025: 11.0%● unchanged vs 07-2025 09-2025: 11.0%● unchanged vs 08-2025 10-2025: 10.2%▼ -0.8 percentage points vs 09-2025 11-2025: 10.2%● unchanged vs 10-2025 12-2025: 10.1%▼ -0.1 percentage points vs 11-2025 01-2026: 10.1%● unchanged vs 12-2025 02-2026: 11.9%▲ +1.8 percentage points vs 01-2026highest value 03-2026: 11.9%● unchanged vs 02-2026 04-2026: 11.9%● unchanged vs 03-2026 05-2026: 11.9%● unchanged vs 04-2026 06-2026: 11.9%● unchanged vs 05-2026 07-2026: 8.0%▼ -3.9 percentage points vs 06-2026 08-2026: 8.0%● unchanged vs 07-2026 09-2026: 8.0%● unchanged vs 08-2026 10-2026: 2.4%▼ -5.6 percentage points vs 09-2026lowest value 11-2026: 2.4%● unchanged vs 10-2026lowest value

Financial strength
Weak

0-79equity -55.7% of total assets
50-5short-term debt 155.7% · cash 85.4%
38-62return on assets 0.3%

Score breakdown

raises risk
Last filed accounts filed 147 days late; 2 of the last 3 accounts late
Founded in 2022
Negative equity -€5,182
lowers risk
Liquidity: current ratio 0.64, cash €7,943
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 43, micro). It does better than 3% of them on solvency, 43% on liquidity and 19% on profitability.

The bankruptcy probability was computed on 07-11-2026 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 30-06-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 516 companies had the same profile as NL CONSTRUCT has now. Each dot stands for 2 companies, two years later.

91.9%
were still trading
2.5%
stopped another way
4.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 1.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of NL CONSTRUCT itself: 2.4% within 12 months.

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.

The companies in ten equal groups, from the lowest to the 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%

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 516 companies, not a prediction for NL 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.64 (2.18 in 2023), below 1. Short-term debt is 155.7% and cash 85.4% of total assets. Equity is negative.

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

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 147 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 0.64, cash €7,943
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€5,182
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9967 sector peers (2025).
NBB · sector comparison
Position among 9967 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 146 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-06-2026, 146 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 · 2 filings
Deviation from the deadline
2025
146 days late
2023
147 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 147 days after the deadline. In the sector (NACE 43), the median for financial year 2023 was 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

BX
Director
  • BOS XAVIER 2,500 sharesdeed of 05-11-2026
Board & ownership

Recent changes

1 director appointed, 2 managers resigning Transfer of 2,500 shares from AIT ALLAL KARIM to BOS XAVIER · Transfer of 2,500 shares from AIT ALLAL HAMAID to BOS XAVIER · Resignations: AIT ALLAL KARIM (director and manager) and AIT ALLAL HAMAID (director and manager) · General meeting of 01-10-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788319889
2 directors appointed, 1 resignation Transfer of 1,250 shares from Niculită, Liviu to Ait Allal Hamaid · Transfer of 1,250 shares from Niculită, Liviu to Ait Allal Karim · Resignation: Niculită, Liviu · Gazette deed
Incorporation Founding capital of €2,500, 2,500 shares · Founder: NICULI Liviu · Appointment: NICULI Liviu (director) · published on 11-07-2022 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company
NL CONSTRUCT Kraainem €9,296 €1,369 -55.7% -
HBL COUNCIL Dilbeek €10,389 -€1,906 17.4% -
PHENIX Ti11 Affligem €10,121 €2,084 -218.6% -
M POL Anderlecht €9,965 €375 80.9% -
VITROSTAR Liedekerke €13,438 -€3,323 31.2% -
PRO TILES Zaventem €5,824 -€1,234 -8.6% -
EMK Beringen €13,449 -€4,766 85.1% -

These companies have the same main activity as NL CONSTRUCT: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €5,820 and €13,400, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 07-07-2022Normal situation
Registered office
956 active companies are registered at this address95 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Floor and wall tilingNACE 43331
Establishment unit
2.334.507.7107370 Dour, since 07-07-2022
Financial year end
30 June
Peppol
Reachable since 22-04-2026
Company details

Annual accounts to 30-06-2025

€1,369
€33
-€5,182
€9,296
Filing
Filed on 26-06-2026
Financials

Insights on NL CONSTRUCT

The computed 12-month bankruptcy probability of NL CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show negative equity (-€5,182) and a net result of €33.

Its solvency ranks better than 5% of 9,967 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 26-06-2026, 146 days late
€1,369
€1,057
-
-
-55.7%
0.64

Money flows

no detail for 2025

Balance sheet

balance sheet total €9,296 on 30-06-2025
What the company ownsHow it is paid for

Position in the sector

-55.7%

Lower than 95% of 9,967 companies in 2025.

0.64

Higher than 8% of 9,830 companies in 2025.

0.3%

Higher than 23% of 9,899 companies in 2025.

NL CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252023
Balance sheet: assets
20/58 9,29611,304
29/58 9,29611,304
40/41 1,3535,346
40 -5,070
41 1,353276
50/53 -5,957
54/58 7,943-
Balance sheet: equity and liabilities
10/49 9,29611,304
10/15 -5,1826,112
10/11 2,5002,500
10 2,5002,500
100 2,5002,500
14 -7,6823,612
17/49 14,4785,191
42/48 14,4785,191
44 11,489182
440/4 11,489182
45 2,2481,163
450/3 2,2481,163
47/48 7413,847
Income statement
70 -21,943
9900 1,3695,172
60/61 -16,771
640/8 312348
9901 1,0574,825
65/66B 89149
65 89149
9903 1664,776
67/77 1341,163
9904 333,612
9905 333,612
Appropriation of the result
9906 -7,6823,612
14P -7,715-
Document PDFPDF

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 146 days after the deadline. Filed on 26 June 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00204789.

Financial year Type Filed Reference Document
30-06-2025 abbreviated format 26-06-2026 2026-00204789 PDF
30-06-2023 micro format 26-06-2024 2024-00165732 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252023
-5,1826,112
-22.0%
-55.7%54.1%
0.642.18
-0.85
-59.1%
0.3%32.0%
-84 days
-4 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Insights on NL CONSTRUCT

The operating result for 2025 is €1,057, against €4,825 in 2023. Comparable figures for the intervening years are unavailable.

Equity is negative. Debt (€14,478) exceeds the balance-sheet total (€9,296).

Board & ownership

Board

1 director, no change since November 2026
Director
appointed by deed of 05-11-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“voorbehouden. Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere…”
deed of 11-07-2022

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
BOS XAVIER
Director
NICULI Liviu
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • BOS XAVIER
    • Director, appointed by deed of 05-11-2026, still in office
  • Ait Allal Hamaid
    • Director, appointed by deed of 16-12-2024, until 05-11-2026
  • Ait Allal Karim
    • Director, appointed by deed of 16-12-2024, until 05-11-2026
  • Niculită, Liviu
    • Director, from before 30-06-2023 to 16-12-2024
  • NICULI Liviu
    • Director, appointed by deed of 11-07-2022, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shares transferred to
This company
NL CONSTRUCT
Equity -€5,182
Profit €33 in 2025

Capital

Contribution
€2,500
Shares
2,500
Contribution per share
€1
Equity per share
-€2.07 in 2025
Source
deed of 11-07-2022

Articles of association

deed of 11-07-2022 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of November at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

Share transfer deed of 05-11-2026 ↗
At incorporation deed of 11-07-2022 ↗

Capital transactions

Capital over time
  1. 16-12-2024 Capital stated in the deed · 2,500 shares
  2. 11-07-2022 Incorporation · €2,500 · 2,500 shares

Network & group

No group

NL CONSTRUCT has no parent and no holdings in its annual accounts. BOS XAVIER is the only director. NL CONSTRUCT shares no director with another company.

At the same address

Steenweg op Mechelen 455, 1950 Kraainem · 955 other companies
EFFICY
registered office since 13-03-2006 · founded in 2005
74 FTE (2025)
0875.895.449
VERISURE
establishment since 15-11-2021 · founded in 1997 · group Verisure Midholding AB
201 FTE (2025)
0459.866.904
Efficy HoldCo
registered office since 16-10-2025 · founded in 2025 · group EFFICY
total assets €124.5m (2025)
1029.273.829
INFORMEX
registered office since 31-01-1983 · founded in 1983
12 FTE (2025)
0423.709.559
NOVASOL
registered office since 13-06-1997 · founded in 1997 · group EGREGORA · accounts filed late
13 FTE (2024)
0460.802.557
Verzekeringskantoor Van Dessel
establishment since 01-04-2018 · founded in 1991
164 FTE (2025)
0446.433.491
VERISURE SECURITY
establishment since 15-11-2021 · founded in 2005 · group Verisure Midholding AB
390 FTE (2025)
0877.035.396
Efficy Finco
registered office since 23-07-2025 · founded in 2025 · negative equity (2025) · group EFFICY
total assets €30.0m (2025)
1025.813.503
CENTER FOR CREATIVE LEADERSHIP
establishment since 27-07-1990 · founded in 1990
80 FTE (2019)
0544.219.785
PerkinElmer (Belgium)
registered office since 18-10-2022 · founded in 2022 · accounts filed late
32 FTE (2024)
0792.588.483
and 945 more

Timeline

Timeline

7 events since 2022

Deadline for the 2026 accounts: 31-01-2027

2026
1 director appointed, 2 managers resigningTransfer of 2,500 shares from AIT ALLAL KARIM to BOS XAVIER · Transfer of 2,500 shares from AIT ALLAL HAMAID to BOS XAVIER · Resignations: AIT ALLAL KARIM (director and manager) and AIT ALLAL HAMAID (director and manager) · General meeting of 01-10-20266 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBabbreviated format · 146 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788319889
2024
2 directors appointed, 1 resignationTransfer of 1,250 shares from Niculită, Liviu to Ait Allal Hamaid · Transfer of 1,250 shares from Niculită, Liviu to Ait Allal Karim · Resignation: Niculită, Liviu6 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFmicro format · 147 days late
2022
IncorporationFounding capital of €2,500, 2,500 shares · Founder: NICULI Liviu · Appointment: NICULI Liviu (director) · published on 11-07-20223 points ▸
  • Founder, NICULI Liviu
  • Founding capital, €2,500, 2,500 shares
  • Director appointment, NICULI Liviu
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Rue Grande 77, Dour

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

NL CONSTRUCT was incorporated on 7 July 2022 as a private limited company by one natural person, with a starting capital of €2,500.12 BOS XAVIER is director of the company, appointed by deed of 05-11-2026.3 Total assets fell from €11,304 in 2023 to €9,296 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-07-2022
  3. 3Belgian Official Gazette, 05-11-2026
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0788.319.889
VAT number
BE 0788.319.889
Peppol ID
0208:0788319889
Other Peppol ID
9925:BE0788319889
Legal form
Private limited company
Status
Active, normal situation
Founded
07-07-2022
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of November at 18:00
deed of 11-07-2022 (in Dutch)
Peppol
Reachable since 22-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
NL CONSTRUCT in Dutch
Entity type
Legal entity
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 11-07-2022 (in Dutch)

Activities

NACEBEL 2025
43331 Floor and wall tiling main activity
Codes under NACEBEL 2008
43331 Floor and wall tiling main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aankoop,de verkoop,het beheer,het verhuur,het onderhoud,de verkaveling en de ontwikkeling van alle onroerende goederen en rechten; In het…”
14 activities
  1. De aankoop,de verkoop,het beheer,het verhuur,het onderhoud,de verkaveling en de ontwikkeling van alle onroerende goederen en rechten.
  2. In het algemeen mag de vennootschap alle daden,verrichtingen of commerciële,financiële,roerende of onroerende verrichtingen stellen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of die de verwezenlijking ervan kunnen vergemakkelijken of ontwikkelen.
  3. Algemene aannemingsbedrijven,omvattende:tegelwerk,binnenafwerking,elektriciteit,sanitair,verwarming,airconditioning,plafonds,dakbedekking,metselwerk,timmerwerk,wandbekleding,stukadoorswerk,enz.,m.a.w.alle werkzaamheden die onder de bevoegdheid van een algemeen aannemingsbedrijf vallen;
  4. Schilderwerk in gebouwen,zowel binnen als buiten,inclusief industrieel schilderwerk;
  5. Decoratie in de ruimste zin van het woord,stoffering en bekleding,het aanbrengen van allerlei soorten wand-en vloerbekleding en de kleinschalige restauratie van gebouwen;
  6. Afwerkingswerkzaamheden;
  7. Handel in alle drogisterijartikelen,kleurreinigingsmiddelen,behang-en meubelartikelen,verf-en decoratieartikelen en kleinschalige doe-het-zelfartikelen in de ruimste zin;
  8. Advies,consultancy en bijstand op het gebied van strategie,marketing,financiën,organisatie,logistiek,onderzoek,ontwerp,implementatie,beheer,techniek,administratie en management,die kunnen worden verstrekt aan natuurlijke of rechtspersonen,verenigingen of vennootschappen,naar Belgisch of buitenlands recht;
  9. Het aanvaarden van bestuursmandaten in andere vennootschappen en ondernemingen,zowel naar Belgisch als naar buitenlands recht;
  10. De verwerving,de verkoop,de exploitatie,de overdracht en het beheer,in welke vorm ook,van licenties,octrooien,uitvindingen,franchises,vertegenwoordiging door agentschappen en tussenpersonen,handelsmerken,alsmede de invoer,uitvoer en,meer in het algemeen,de handel in alle vormen en in de ruimste zin van het woord,van alle industriële uitrusting,met inbegrip van toebehoren en diverse materialen,alsmede grondstoffen die noodzakelijk of nuttig zijn voor de uitoefening van haar voorwerp;
  11. Alle commerciële en industriële activiteiten die direct of indirect verband houden met de bevordering van de kunst in het algemeen en de schilderkunst;
  12. Culturele uitwisselingen,bezoeken aan tentoonstellingen en collecties,publicatie van artikelen en boeken;
  13. Het rechtstreeks of onrechtstreeks verwerven van deelnemingen in alle vennootschappen of ondernemingen naar Belgisch of buitenlands recht met een commercieel,industrieel,financieel,roerend of onroerend karakter,alsook de controle over het beheer ervan of de deelneming erin door het nemen van alle mandaten binnen de bedoelde vennootschappen of ondernemingen;
  14. De aankoop,het beheer en de verkoop van alle effecten en onroerende goederen,van alle vennootschapsrechten en,meer in het algemeen,van alle beheersverrichtingen van de aldus gevormde portefeuille.
deed of 11-07-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Steenweg op Mechelen 455 registered office 1950 Kraainem
Rue Grande 77 7370 Dour 07-07-2022 2.334.507.710

Buildings and parcels at the address

Ground area
1.1 ha
Buildings
865 m²
Volume, LiDAR
33,994 m³
Tallest building
42.8 m
Buildings to scale, each on its own parcel
865 m², 42.8 m 865 m², 42.8 m

Location

registered office establishment approximate The establishment unit on the map
956 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
22002C0073/00N0091.1 ha 1 · 865 m² 42.8 m · 14

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 0788.319.889