NVConstruct Banat
ActiveSummary
The computed 12-month bankruptcy probability of NVConstruct Banat is 2.0% (moderate). The 2025 annual accounts show equity of €18,355 and a net result of €2,062. Its solvency ranks better than 81% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €18,355
- Profit
- €2,062
Why 54raises riskFounded in 2023Size: turnover €94,267, total assets €24,215Sector: Specialised construction activities (NACE 43)lowers riskEquity €18,355 (75.8% of total assets)Show the evidence
Checked score
About 2 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 90% on solvency, 41% on liquidity, 39% on profitability and 33% on growth.
The bankruptcy probability was computed on 27-10-2026 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 1 day 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…
- IncorporationAppointment: NOVACONI Cristian Titus (director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (1 day) Filed on 1 June 2026, deadline 31 May 2026 (7 months after the close on 31 October 2025, Companies Code art. 3:10). Source: NBB, 2026-00135572.
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 82% 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 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 2.0% 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 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 |
|---|---|---|---|
| Turnover70 | €196,623 | €94,267 | ▼ 52.1% |
| Goods, raw materials, services and sundry goods60/61 | €177,141 | €85,715 | ▼ 51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,497 | €4,591 | ▲ 83.8% |
| Other operating charges640/8 | €214 | €880 | ▲ 311% |
| Gross operating margin9900 | €19,483 | €8,552 | ▼ 56.1% |
| Operating profit (loss)9901 | €16,771 | €3,082 | ▼ 81.6% |
| Financial income75/76B | - | €7 | - |
| Recurring financial income75 | - | €7 | - |
| Financial charges65/66B | €1,181 | €282 | ▼ 76.1% |
| Recurring financial charges65 | €1,181 | €282 | ▼ 76.1% |
| Profit (loss) for the period before taxes9903 | €15,591 | €2,806 | ▼ 82.0% |
| Income taxes67/77 | €3,298 | €744 | ▼ 77.4% |
| Profit (loss) for the period9904 | €12,293 | €2,062 | ▼ 83.2% |
| Profit (loss) for the period to be appropriated9905 | €12,293 | €2,062 | ▼ 83.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €21,812 | €24,215 | ▲ 11.0% |
| Fixed assets21/28 | €6,064 | €6,123 | ▲ 1.0% |
| Tangible fixed assets22/27 | €6,064 | €6,123 | ▲ 1.0% |
| Plant, machinery and equipment23 | - | €4,339 | - |
| Furniture and vehicles24 | €6,064 | €1,784 | ▼ 70.6% |
| Current assets29/58 | €15,747 | €18,092 | ▲ 14.9% |
| Amounts receivable within one year40/41 | €15,126 | €16,486 | ▲ 9.0% |
| Trade receivables40 | €8,288 | €15,103 | ▲ 82.2% |
| Other amounts receivable41 | €6,838 | €1,383 | ▼ 79.8% |
| Cash at bank and in hand54/58 | €621 | €1,607 | ▲ 159% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €21,812 | €24,215 | ▲ 11.0% |
| Equity10/15 | €16,293 | €18,355 | ▲ 12.7% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €12,293 | €14,355 | ▲ 16.8% |
| Amounts payable17/49 | €5,519 | €5,860 | ▲ 6.2% |
| Amounts payable within one year42/48 | €5,519 | €5,860 | ▲ 6.2% |
| Financial debts43 | - | €6 | - |
| Credit institutions430/8 | - | €6 | - |
| Trade debts44 | €902 | €3,839 | ▲ 326% |
| Suppliers440/4 | €441 | €3,179 | ▲ 621% |
| Bills of exchange payable441 | €461 | €660 | ▲ 43.3% |
| Taxes, remuneration and social security45 | €3,298 | €695 | ▼ 78.9% |
| Taxes450/3 | €3,298 | €695 | ▼ 78.9% |
| Other amounts payable47/48 | €1,319 | €1,319 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €12,293 | €2,062 | ▼ 83.2% |
| + Depreciation and write-downs630 | €2,497 | €4,591 | ▲ 83.8% |
| Operating cash flow (approximation) | €14,790 | €6,653 | ▼ 55.0% |
| Investment in fixed assets (approximation) | - | -€4,649 | - |
| Change in cash | - | €985 | - |
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 |
|---|---|---|---|
| 31-10-2025 | micro format | 01-06-2026 | 2026-00135572 |
| 31-10-2024 | micro format | 31-05-2025 | 2025-00116875 |
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 |
|---|---|
| NOVACONI Cristian Titus |
|
Owners and capital
Capital and shareholders
- NOVACONI Cristian Titus 90 shares (90%) · €3,600
- NEAGU Ramona Maria 10 shares (10%) · €400
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-09-2023 Incorporation · €4,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
NVConstruct Banat was incorporated on 15 September 2023 as a private limited company by two natural persons, with a starting capital of €4,000.12 Since 2023, NOVACONI Cristian Titus has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
19-09
Gazette deed
IncorporationAppointment: NOVACONI Cristian Titus (director) · Board rule · Founder8 facts ▸
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, NOVACONI Cristian Titus (director (not named in the articles))
- Other provision, “acquisition personnalité juridique, début des activités” (deed in French)
- Founder, NOVACONI Cristian Titus (comparant)
- Founder, NEAGU Ramona Maria (comparant)
- Incorporation, “1083 Ganshoren, avenue des Neuf Provinces 3, société à responsabilité limitée (SRL)” (deed in French)
- Founding capital, €4,000
- Bank account, “compte spécial, société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 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 0805.883.126
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 |
|---|---|---|---|---|
| 21392A0064/00X000 | Brussels | 4,026 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale de construction et notamment le gros œuvre, la maçonnerie et le béton, les travaux de démolition, plafonnage…” (deed in French)
3 activities (deed in French)
- L’entreprise générale de construction et notamment le gros œuvre, la maçonnerie et le béton, les travaux de démolition, plafonnage, cimentage, pose de chape, tailleur de pierre, marbrier, carrelage, toiture et étanchéité, sanitaire et plomberie, installation chauffage au gaz, de chauffage central, zinguerie et couvertures métalliques et non métalliques, travaux de vitrage, menuiserie charpenterie, peinture, pose revêtements murs et sols, électricité générale ainsi que tous placements de système d’alarme, de climatisation et de domotique, électrotechnique, lavage de vitres, horticulture, élagage d’arbres, aménagement de parcs et de jardin, construction de pavillons démontables et baraquements non métalliques, placement de clôture, ramonage de cheminées, installation d’échafaudage, de rejointoiement et nettoyage de façades, travaux d’égout, travaux de pose de câbles et de canalisations diverses, fabrication et d’installation de cheminées ornementales, nettoyage et désinfection de maisons et de locaux, meubles, ameublement et objets divers, fabrication et garnissage de meubles non métallique, installation de ventilation et d’aération, de chauffage à air chaud, de conditionnement d’air et de tuyauteries industrielles, travaux de drainage, placement de cuisines équipées, construction, réfection et entretien des routes
- Nettoyage intérieur de bâtiments de tous types, y compris les bureaux, les ateliers, les usines, les locaux d’institutions et les autres locaux à usage commercial ou professionnel ainsi que les maisons unifamiliales et les immeubles à appartements, le nettoyage des vitres, le repassage ainsi que toutes activités dans le cadre des titres services au domicile et hors domicile de l’utilisateur des titres services
- Matériel de construction, de bricolage, matériel électrique et électronique, sanitaire et de plomberie, machines industrielles
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NVConstruct Banat
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert en tout endroit de la Région de Bruxelles-Capitale ou de la Région wallonne par simple décision de…” (deed in French)
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.
- “Avec ou sans limitation durée, un ou plusieurs administrateurs” (deed in French)“Rémunération des administrateurs, frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires peuvent prendre connaissance relatif à leurs titres” (deed in French)“Droit égal dans la répartition des bénéfices et des produits de la liquidation, 100” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, sort réservé à demande au cédant” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of April at 19:00
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.
- “Assemblée générale, formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)