NVM SERVICES CONSTRUCT
ActiveFrom the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of NVM SERVICES CONSTRUCT is 7.1% (elevated). The 2025 annual accounts show equity of €64,822 and a net result of €8,903, of which €10,744 non-recurring income. Equity has been growing by about 28% per year since 2019. Its solvency ranks better than 48% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
KBO- Status
- Active since 28-01-2019 Normal situation
- Activity
- Demolition NACE 43110
- Establishment unit
- 2.284.928.733 1210 Sint-Joost-ten-Node, since 05-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.1%
- Gross margin
- €66,931
- ▼ 23.7%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €8,903
- ▼ 45.8%
- Equity
- €64,822
- ▲ 15.9%
- Total assets
- €144,146
- ▲ 65.4%
- Staff
- 0.7 FTE
- ▼ 30.0%
Score breakdownraises riskLast filed accounts filed 76 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.06, cash €148, halved1 change of registered office in 24 monthsSize: total assets €144,146Show the evidence
Checked score
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 48% of them on solvency, 12% on liquidity, 52% on profitability and 63% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 76 days after the deadline Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560677.
Annual accounts 2025 filed on 15-10-2026 at the NBB all 7 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 24% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Comparable companies
These companies have the same main activity as NVM SERVICES CONSTRUCT: demolition (NACE 43110). They are comparable in size and age: total assets between €105,000 and €202,000, founded between 2019 and 2021.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| NVM SERVICES CONSTRUCT Anderlecht | 2019 | €144,146 | €64,822 | €66,931 | - | €8,903 | 2025 |
| Senpro Pelt | 2019 | €146,750 | €66,815 | €62,765 | - | €27,090 | 2025 |
| OLIVIER MAGER CONSTRUCTION Limbourg | 2019 | €162,572 | -€32,506 | €87,490 | - | -€41,213 | 2025 |
| OLIDECO Halle | 2019 | €104,895 | €27,234 | €77,332 | €229,034 | €26,661 | 2024 |
| GRONDWERKEN BEAUPREZ Diksmuide | 2021 | €173,764 | €52,713 | €60,511 | - | €16,162 | 2025 |
| TOPOS GROUP Antwerpen | 2019 | €201,813 | €111,893 | €46,150 | €736,648 | €25,447 | 2025 |
| Elezi Antwerpen | 2019 | €127,010 | €50,325 | €115,364 | - | €14,683 | 2024 |
They were chosen from the 617 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 26,972 companies had the same profile as NVM SERVICES CONSTRUCT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NVM SERVICES CONSTRUCT itself is higher: 7.1% within 12 months. It rests on far more data about NVM SERVICES CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,445 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 26,972 companies, not a prediction for NVM SERVICES 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €10,744 | - |
| Remuneration, social security and pensions62 | - | - | €33,374 | €40,842 | €45,053 | €49,859 | €37,334 | ▼ 25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €166 | €166 | €166 | €3,744 | €4,095 | €10,932 | €11,026 | ▲ 0.9% |
| Other operating charges640/8 | - | - | €476 | €5,462 | €1,578 | €3,952 | €1,210 | ▼ 69.4% |
| Gross operating margin9900 | -€3,133 | €16,907 | €38,247 | €89,566 | €47,592 | €87,669 | €66,931 | ▼ 23.7% |
| Operating profit (loss)9901 | -€4,419 | €16,002 | €4,230 | €39,518 | -€3,134 | €22,925 | €17,361 | ▼ 24.3% |
| Financial income75/76B | - | - | - | - | €1,396 | - | €2 | - |
| Recurring financial income75 | - | - | - | - | €1,396 | - | €2 | - |
| Non-recurring financial income76B | - | - | - | - | €1,396 | - | - | - |
| Financial charges65/66B | - | - | €828 | €408 | €243 | €2,077 | €2,681 | ▲ 29.1% |
| Recurring financial charges65 | €341 | €1,626 | €828 | €408 | €243 | €2,077 | €2,681 | ▲ 29.1% |
| Profit (loss) for the period before taxes9903 | -€4,760 | €14,376 | €3,402 | €39,110 | -€1,981 | €20,849 | €14,682 | ▼ 29.6% |
| Income taxes67/77 | - | €3,375 | €588 | €10,739 | €2,149 | €4,426 | €5,779 | ▲ 30.6% |
| Profit (loss) for the period9904 | -€4,760 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | €8,903 | ▼ 45.8% |
| Profit (loss) for the period to be appropriated9905 | -€4,760 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | €8,903 | ▼ 45.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6,514 | €23,348 | €22,926 | €55,268 | €76,543 | €87,162 | €144,146 | ▲ 65.4% |
| Fixed assets21/28 | €333 | €166 | €0 | €12,787 | €21,134 | €39,271 | €60,124 | ▲ 53.1% |
| Tangible fixed assets22/27 | €333 | €166 | €0 | €12,787 | €21,134 | €38,871 | €59,724 | ▲ 53.6% |
| Plant, machinery and equipment23 | - | - | €0 | €3,123 | €2,447 | €6,600 | €7,397 | ▲ 12.1% |
| Furniture and vehicles24 | - | - | - | €9,664 | €18,687 | €32,271 | €52,326 | ▲ 62.1% |
| Financial fixed assets28 | - | - | - | - | - | €400 | €400 | = |
| Current assets29/58 | €6,181 | €23,182 | €22,926 | €42,481 | €55,409 | €47,891 | €84,022 | ▲ 75.4% |
| Amounts receivable within one year40/41 | €6,181 | €22,878 | €21,920 | €23,032 | €45,033 | €31,196 | €83,789 | ▲ 169% |
| Trade receivables40 | - | - | €12,185 | €14,942 | €36,514 | €22,256 | €61,130 | ▲ 175% |
| Other amounts receivable41 | - | - | €9,734 | €8,089 | €8,519 | €8,940 | €22,659 | ▲ 153% |
| Cash at bank and in hand54/58 | - | €3 | €523 | €19,450 | €8,263 | €16,053 | €148 | ▼ 99.1% |
| Deferred charges and accrued income490/1 | - | - | €483 | - | €2,113 | €642 | €86 | ▼ 86.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6,514 | €23,348 | €22,926 | €55,268 | €76,543 | €87,162 | €144,146 | ▲ 65.4% |
| Equity10/15 | €1,440 | €12,441 | €15,255 | €43,626 | €39,497 | €55,919 | €64,822 | ▲ 15.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,550 | €18,550 | €18,550 | - | - | - |
| Uncalled capital101 | - | - | €12,350 | €12,350 | €12,350 | - | - | - |
| Reserves13 | - | €312 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | - | €620 | €620 | €620 | - | €620 | - |
| Legal reserve130 | - | - | €620 | €620 | €620 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €620 | - |
| Distributable reserves133 | - | - | - | - | - | €620 | - | - |
| Profit (loss) carried forward14 | -€4,760 | €5,929 | €8,435 | €36,806 | €32,677 | €49,099 | €58,002 | ▲ 18.1% |
| Amounts payable17/49 | €5,074 | €10,907 | €7,671 | €11,642 | €37,046 | €31,243 | €79,324 | ▲ 154% |
| Amounts payable within one year42/48 | €5,074 | €10,907 | €7,671 | €11,642 | €37,046 | €31,243 | €79,324 | ▲ 154% |
| Financial debts43 | - | - | - | - | - | - | €7,499 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €7,499 | - |
| Trade debts44 | €1,600 | €2,305 | €862 | €642 | €21,842 | €20,885 | €49,932 | ▲ 139% |
| Suppliers440/4 | - | - | €862 | €642 | €21,842 | €20,885 | €49,932 | ▲ 139% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €10,284 | - |
| Taxes, remuneration and social security45 | - | - | €6,809 | €11,000 | €15,204 | €6,083 | €11,279 | ▲ 85.4% |
| Taxes450/3 | - | - | €3,963 | €11,000 | €13,149 | €5,500 | €11,279 | ▲ 105% |
| Remuneration and social security454/9 | - | - | €2,846 | - | €2,055 | €583 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €4,276 | €330 | ▼ 92.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,760 | €11,001 | €2,814 | €28,371 | -€4,130 | €16,422 | €8,903 | ▼ 45.8% |
| + Depreciation and write-downs630 | €166 | €166 | €166 | €3,744 | €4,095 | €10,932 | €11,026 | ▲ 0.9% |
| Operating cash flow (approximation) | -€4,594 | €11,167 | €2,980 | €32,115 | -€35 | €27,354 | €19,929 | ▼ 27.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€16,530 | -€12,442 | -€29,069 | -€31,880 | ▼ 9.7% |
| Change in cash | - | - | €520 | €18,926 | -€11,187 | €7,790 | -€15,906 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00560677 | NBB |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00463963 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00425249 | |
| 31-12-2022 | micro format | 12-09-2023 | 2023-00444582 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20383135 | |
| 31-12-2020 | micro format | 06-08-2021 | 2021-47800177 | |
| 31-12-2019 | micro format | 29-08-2020 | 2020-48100250 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-10-2025 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Rafael Araujo Mota |
|
| Nuno Marques Vicente |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, décès,démission ou autre cause,restants pourvoient provisoirement si organe collégial”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “État résumant situation active et passive arrêté à date ne remontant pas à plus de trois mois, proposition dissolution objet rapport…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Réparti également entre toutes actions, assemblée détermine pouvoirs émoluments et mode liquidation”
Articles of association, deed of 27-10-2025 (in French)
Network & group
NVM SERVICES CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of NVM SERVICES CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-10
Gazette deed
Resignation: Nuno Marques Vicente (director)Appointment: Rafael Araujo Mota (director) · Capital conversion · Reserve release8 points ▸
- General meeting, 26-09-2025
- Other provision, “administrateur” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponibles” (deed in French)
- Reserve release, “suppression compte statutairement indisponibles, disponibles pour distribution” (deed in French)
- Director resignation, Nuno Marques Vicente (director)
- Director appointment, Rafael Araujo Mota (director (not named in the articles))
- Registered-office move, Rue Bara,210,1070 Bruxelles(Anderlecht)
- Amendment of the articles
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing 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 0719.492.451
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21305C0327/00G010 | Brussels | 415 m² | 1 · 410 m² | 20.8 m · 5 |
| 21572B0082/00S004 | Brussels | 175 m² | 1 · 151 m² | 20.2 m · 7 |