NVM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of NVM CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €5,344 and a net result of €3,177. Its solvency ranks better than 13% of 34,483 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1 FTE
- Equity
- €5,344
- Profit
- €3,177
Why 63raises riskFounded in 2025Equity €5,344 (9.0% of total assets)Size: total assets €59,433lowers riskLiquidity: current ratio 0.73, cash €22,256Show 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 13% on solvency, 53% on liquidity and 50% on profitability.
The bankruptcy probability was computed on 18-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: VANSTECHELMAN Nicolas Ghislain (director)Capital · Declaration · Pre-incorporation…
- IncorporationFounder · Founding capital
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00473466.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 320 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% | 1.0% |
| 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 320 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 | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €11,183 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,009 |
| Other operating charges640/8 | €683 |
| Gross operating margin9900 | €29,188 |
| Operating profit (loss)9901 | €6,311 |
| Financial income75/76B | €10 |
| Recurring financial income75 | €10 |
| Financial charges65/66B | €1,498 |
| Recurring financial charges65 | €1,498 |
| Profit (loss) for the period before taxes9903 | €4,824 |
| Income taxes67/77 | €1,647 |
| Profit (loss) for the period9904 | €3,177 |
| Profit (loss) for the period to be appropriated9905 | €3,177 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €59,433 | |
| Fixed assets21/28 | €26,963 | |
| Tangible fixed assets22/27 | €26,753 | |
| Plant, machinery and equipment23 | €9,160 | |
| Furniture and vehicles24 | €16,878 | |
| Other tangible fixed assets26 | €715 | |
| Financial fixed assets28 | €210 | |
| Current assets29/58 | €32,470 | |
| Amounts receivable within one year40/41 | €9,635 | |
| Trade receivables40 | €9,635 | |
| Cash at bank and in hand54/58 | €22,256 | |
| Deferred charges and accrued income490/1 | €579 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €59,433 | |
| Equity10/15 | €5,344 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €2,344 | |
| Amounts payable17/49 | €54,088 | |
| Amounts payable after more than one year17 | €9,769 | |
| Financial debts170/4 | €9,769 | |
| Amounts payable within one year42/48 | €44,319 | |
| Current portion of amounts payable after more than one year42 | €7,579 | |
| Trade debts44 | €27,589 | |
| Suppliers440/4 | €27,589 | |
| Taxes, remuneration and social security45 | €6,418 | |
| Taxes450/3 | €3,505 | |
| Remuneration and social security454/9 | €2,913 | |
| Other amounts payable47/48 | €2,733 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €3,177 |
| + Depreciation and write-downs630 | €11,009 |
| Operating cash flow (approximation) | €14,187 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00473466 |
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 |
|---|---|
| VANSTECHELMAN Nicolas Ghislain |
|
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
29-08
Gazette deed
Appointment: VANSTECHELMAN Nicolas Ghislain (director)Capital · Declaration · Pre-incorporation commitments4 facts ▸
- Capital
- Declaration, “professional authorizations, Le comparant déclare être au courant de ces règles et autorisations et faire toutes démarches utiles pour se conformer aux règlemen…” (deed in French)
- Director appointment, VANSTECHELMAN Nicolas Ghislain (director (not named in the articles))
- Pre-incorporation commitments, “takeover, Tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises depuis le 1er janvier 2025 par le comparant au no…” (deed in French)
25-03
Gazette deed
IncorporationFounder · Founding capital3 facts ▸
- Incorporation, 21-03-2025
- Founder, VANSTECHELMAN Nicolas (constituant)
- Founding capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 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 1021.339.922
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 |
|---|---|---|---|---|
| 93075D0713/00F000 | Wallonia | 874 m² | 1 · 170 m² | 8.1 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes opérations en relation directe ou indirecte avec les métiers de la construction et en particulier les travaux de transformations…” (deed in French)
8 activities (deed in French)
- Toutes opérations en relation directe ou indirecte avec les métiers de la construction et en particulier les travaux de transformations, rénovations et mises en valeur de biens immobiliers ou mobiliers
- L'exploitation, la gestion, l'administration de tous biens mobiliers ou immobiliers
- Toutes opérations d'achat, de vente, de promotion de tous immeubles généralement quelconques ou de biens meubles
- Toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, ayant un rapport direct ou indirect avec son objet social ou de nature à en favoriser la réalisation et le développement
- S'intéresser par voie d'apport, de souscription, de prise de participation, de fusion, ou toute autre forme d'investissement en titre ou droit immobilier, dans toutes affaires, entreprises, associations ou sociétés ayant un objet identique, analogue, similaire ou connexe, ou qui sont de nature à favoriser le développement de son entreprise
- Se porter caution et donner toute sureté personnelle ou réelle en faveur de toute personne privée ou société, liée ou non
- Représenter tout tiers
- Exercer les fonctions d'administrateur ou liquidateur dans d'autres sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NVM CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, l'organe d'administration a le pouvoir de déplacer le siège de la société” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Conformément au dernier alinéa de l'article 2:55. CSA, si la personne morale est l'administrateur unique de la société, un représentant…”
- Board ruleHow the board is made up, meets and takes decisions.
- 4 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Toutes les actions sont nominatives, elles portent un numéro d'ordre, Elles sont inscrites dans le registre des actions nominatives; ce…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous les cas de cessions entre vifs, soit à titre onéreux, soit à titre gratuit, tant volontaires que forcées (cas de l'exclusion et du…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Libérées à leur émission, En cas d'actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…” (deed in French)“Courrier électronique, ou, pour les personnes dont elle ne dispose pas d'une adresse électronique, par courrier ordinaire, à envoyer le même…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May 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.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, le ou les administrateurs en fonction” (deed in French)