Summary
The computed 12-month bankruptcy probability of POS CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €2,242 and a net result of -€2,609. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-06-2018 Normal situation
- Activity
- Screed work NACE 43422and 2 others
- Establishment unit
- 2.277.427.663 1020 Brussel, since 01-07-2018
- Financial year end
- 31 March
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
Too few figures to score
Annual accounts to 31-03-2025
- Gross margin
- -€830
- ▲ 89.4%
- Loss
- €2,609
- ▼ 73.9%
- Equity
- €2,242
- ▼ 53.8%
- Total assets
- €2,242
- ▼ 72.2%
- 2026 accounts not filed, 3 days past the deadline
Turnover not published (micro format)
Signalsraises riskFigures for financial year 2025 (filed on 30-10-2025)Liquiditeit niet neergelegdLoss of €2,609, the second in a row (financial year 2025)Persistent losseslowers riskSize: total assets €2,242neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Bankruptcy probability within 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025lowest value
10-2025: 1.1%▲ +0.1 percentage points vs 09-2025
11-2025: 1.6%▲ +0.5 percentage points vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.7%▲ +0.1 percentage points vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.5%▼ -0.2 percentage points vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.6%▲ +0.1 percentage points vs 09-2026
11-2026: 1.9%▲ +0.3 percentage points vs 10-2026highest value
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 riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€2,609
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2026
not filed
2025
3 days early
2024
27 days early
2023
12 days early
2022
17 days late
2021
16 days early
2020
10 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days before 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 (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-10-2025 PDF all 6 filings
Equity
€2,242▼ 53.8%
2024 · €4,851
Total assets
€2,242▼ 72.2%
2024 · €8,079
Net result
-€2,609▲ 73.9%
2024 · -€10,000
Working capital
€2,217
2023 · -€2,153
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
-€2,571
▲ 73.9%
2025
20202025
Net result
-€2,609
▲ 73.9%
2025
lowest quarter of the sector
20202025
Equity
€2,242
▼ 53.8%
2025
lowest quarter of the sector
20202025
Total assets
€2,242
▼ 72.2%
2025
lowest quarter of the sector
20202025
Debt
no figure
2025
20202025
Working capital
no figure
2025
20202025
Solvency
no figure
2025
20202025
Current ratio
no figure
2025
20202025
Return on assets (ROA)
no figure
2025
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€10,231-€61,272▲ 499%€10,123▼ 83.5%-€31,012-€9,834▲ 68.3%-€2,571▲ 73.9%
Net result€7,251within the sector's middle half-€60,713above the sector's middle half▲ 737%€8,081within the sector's middle half▼ 86.7%-€31,294below the sector's middle half-€10,000below the sector's middle half▲ 68.0%-€2,609below the sector's middle half▲ 73.9%
Equity€13,451below the sector's middle half-€25,664within the sector's middle half▲ 90.8%€33,745within the sector's middle half▲ 31.5%€2,451below the sector's middle half▼ 92.7%€4,851below the sector's middle half▲ 97.9%€2,242below the sector's middle half▼ 53.8%
Total assets€34,434below the sector's middle half-€102,227within the sector's middle half▲ 197%€110,409within the sector's middle half▲ 8.0%€44,996below the sector's middle half▼ 59.2%€8,079below the sector's middle half▼ 82.0%€2,242below the sector's middle half▼ 72.2%
Debt€20,983-€76,563▲ 265%€76,664▲ 0.1%€42,545▼ 44.5%€3,228▼ 92.4%
Working capital€11,217within the sector's middle half-€25,664within the sector's middle half▲ 129%€32,941within the sector's middle half▲ 28.4%-€2,153below the sector's middle half€2,217below the sector's middle half
Solvency39.1%within the sector's middle half-25.1%within the sector's middle half▼ 14.0pp30.6%within the sector's middle half▲ 5.5pp5.4%below the sector's middle half▼ 25.1pp60.0%within the sector's middle half▲ 54.6pp
Current ratio1.53within the sector's middle half-1.34within the sector's middle half▼ 0.201.43within the sector's middle half▲ 0.090.95below the sector's middle half▼ 0.481.69within the sector's middle half▲ 0.74
Return on assets (ROA)21.1%above the sector's middle half-59.4%above the sector's middle half▲ 38.3pp7.3%within the sector's middle half▼ 52.1pp-69.5%below the sector's middle half▼ 76.9pp-123.8%below the sector's middle half▼ 54.2pp
above
within
below
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 operating result for 2025 is a loss of €2,571, smaller than the loss of €9,834 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2,242
Fixed assets
€893 ▼ 66.1%
Current assets
€1,349 ▼ 75.2%
Key figures and ratios
EBITDA
-€830▲
2024 · -€7,864
Cash flow
-€868▲
2024 · -€8,029
Interest coverage
-7.98▲
2024 · -47.55
The ratios are withheld because a balance sheet total of €2,242 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,034 | €4,878 | - | - |
| Depreciation and write-downs of the year | €230 | €1,078 | €1,970 | €1,741 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,466 | €2,234 | €230 | €1,078 | €1,970 | €1,741 | ▼ 11.6% |
| Other operating charges640/8 | - | - | - | €176 | - | - | - |
| Gross operating margin9900 | €15,031 | €63,538 | €10,353 | -€29,758 | -€7,864 | -€830 | ▲ 89.4% |
| Operating profit (loss)9901 | €10,231 | €61,272 | €10,123 | -€31,012 | -€9,834 | -€2,571 | ▲ 73.9% |
| Financial income75/76B | - | - | €137 | €3 | - | €66 | - |
| Recurring financial income75 | - | €2,004 | €137 | €3 | - | €66 | - |
| Financial charges65/66B | - | - | €159 | €285 | €165 | €104 | ▼ 37.1% |
| Recurring financial charges65 | €1,093 | €25 | €159 | €285 | €165 | €104 | ▼ 37.1% |
| Profit (loss) for the period before taxes9903 | €9,138 | €63,251 | €10,101 | -€31,294 | -€10,000 | -€2,609 | ▲ 73.9% |
| Income taxes67/77 | €1,887 | €2,538 | €2,020 | - | - | - | - |
| Profit (loss) for the period9904 | €7,251 | €60,713 | €8,081 | -€31,294 | -€10,000 | -€2,609 | ▲ 73.9% |
| Profit (loss) for the period to be appropriated9905 | €7,251 | €60,713 | €8,081 | -€31,294 | -€10,000 | -€2,609 | ▲ 73.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €34,434 | €102,227 | €110,409 | €44,996 | €8,079 | €2,242 | ▼ 72.2% |
| Fixed assets21/28 | €2,234 | - | €804 | €4,604 | €2,634 | €893 | ▼ 66.1% |
| Tangible fixed assets22/27 | €2,234 | - | €804 | €4,604 | €2,634 | €893 | ▼ 66.1% |
| Plant, machinery and equipment23 | - | - | - | €1,126 | €661 | €196 | ▼ 70.4% |
| Furniture and vehicles24 | - | - | €804 | €3,478 | €1,972 | €697 | ▼ 64.7% |
| Current assets29/58 | €32,200 | €102,227 | €109,605 | €40,392 | €5,445 | €1,349 | ▼ 75.2% |
| Amounts receivable within one year40/41 | €28,770 | €69,828 | €62,327 | €39,375 | €4,471 | €1,349 | ▼ 69.8% |
| Trade receivables40 | - | - | €56,532 | €38,983 | €4,450 | - | - |
| Other amounts receivable41 | - | - | €5,795 | €392 | €21 | €1,349 | ▲ 64× |
| Cash at bank and in hand54/58 | €2,895 | €31,920 | €46,775 | €1,017 | €974 | - | - |
| Deferred charges and accrued income490/1 | - | - | €503 | - | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €34,434 | €102,227 | €110,409 | €44,996 | €8,079 | €2,242 | ▼ 72.2% |
| Equity10/15 | €13,451 | €25,664 | €33,745 | €2,451 | €4,851 | €2,242 | ▼ 53.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Capital10 | - | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | €12,400 | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €18,600 | - |
| Other1109/19 | - | - | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €5,391 | €17,604 | €25,685 | -€5,609 | -€15,609 | -€18,218 | ▼ 16.7% |
| Amounts payable17/49 | €20,983 | €76,563 | €76,664 | €42,545 | €3,228 | - | - |
| Amounts payable within one year42/48 | €20,983 | €76,563 | €76,664 | €42,545 | €3,228 | - | - |
| Trade debts44 | €10,890 | €6,445 | €54,093 | €35,705 | - | - | - |
| Suppliers440/4 | - | - | €54,093 | €35,705 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €22,571 | €6,840 | - | - | - |
| Taxes450/3 | - | - | €4,571 | - | - | - | - |
| Remuneration and social security454/9 | - | - | €18,000 | €6,840 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €3,228 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,251 | €60,713 | €8,081 | -€31,294 | -€10,000 | -€2,609 | ▲ 73.9% |
| + Depreciation and write-downs630 | €4,466 | €2,234 | €230 | €1,078 | €1,970 | €1,741 | ▼ 11.6% |
| Operating cash flow (approximation) | €11,717 | €62,947 | €8,311 | -€30,216 | -€8,029 | -€868 | ▲ 89.2% |
| Investment in fixed assets (approximation) | - | - | - | -€4,878 | -€0 | -€0 | ▼ 2,150% |
| Change in cash | - | €29,025 | €14,855 | -€45,758 | -€43 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,591 companies had the same profile as POS CONSTRUCT has now. Two years later, 87.4% were still going and 3.0% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
87.4%
was still going
9.4%
stopped otherwise
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of POS CONSTRUCT itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,591 companies, not a prediction for POS 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 28-10-2025 | 2025-00552715 | |
| 31-03-2024 | micro format | 04-10-2024 | 2024-00499655 | |
| 31-03-2023 | micro format | 19-10-2023 | 2023-00489722 | |
| 31-03-2022 | micro format | 17-11-2022 | 2022-20522179 | |
| 31-03-2021 | micro format | 15-10-2021 | 2021-72100207 | |
| 31-03-2020 | micro format | 10-11-2020 | 2020-69700547 |
Board & ownership
Directors
Directors
1 director, last change in 2024
CANTÎRU Ion
Current
Director (not named in the articles) · appointed in the act of 15-01-2024 · earlier unique gérant, until 15-01-2024 · term without a fixed end
Owners and capital
Capital transactions
Capital over time
- 15-01-2024 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CANTÎRU Ion |
|
Network & group
POS CONSTRUCT shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of POS CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
28-10
micro format · 3 days before the deadline
2024
04-10
micro format · 27 days before the deadline
15-01
Gazette deed
Change of role: CANTÎRU Ion, from unique gérant to directorCapital conversion · Amendment of the articles6 points ▸
Gazette deed
Change of role: CANTÎRU Ion, from unique gérant to director
Capital conversion · Amendment of the articles6 points ▸
- Director resignation, CANTÎRU Ion (unique gérant)
- Director appointment, CANTÎRU Ion (director (not named in the articles))
- General meeting, 27-12-2023
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “unanimité des voix, formes et majorités de la modification des statuts” (deed in French)
- Amendment of the articles
2023
19-10
micro format · 12 days before the deadline
31-03
Financial
Weakest financial yearnet -€31,294
The net result drops to -€31,294, the lowest from 2020 to 2025. It recovers the following year.
2022
17-11
micro format · 17 days late
2021
15-10
micro format · 16 days before the deadline
31-03
Financial
Highest result from 2020 to 2025net €60,713 ▲737%
The operating result of €61,272 and the net result of €60,713 are both a record.
2020
10-11
micro format · 10 days late
2018
27-06
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
POS CONSTRUCT in French
Enterprise number
0698.768.697
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-06-2018
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, annexe au Moniteur Belge par l'organe d'administration”
deed of 15-01-2024 (in French)Registered office and establishments
Registered office
Pagodenlaan 343, 1020 Brussel, Belgium
Establishment unit
POS CONSTRUCT, Pagodenlaan 343, 1020 Brussel since 01-07-2018 · unit number 2.277.427.663
Activities
NACEBEL 202543422
Screed work main activity
43230
Insulation installation
81210
General cleaning of buildings
Codes under NACEBEL 2008
43996
Specialised construction activities main activity
43291
Specialised construction activities
81210
General cleaning of buildings
Invoicing and payment
VAT number
BE 0698.768.697
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 0698.768.697
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Financial yearThe company draws up its annual accounts over this twelve-month period.
From 1 January to 31 December
deed of 15-01-2024 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
348 m²
Building footprint
176 m²
Building volume
1,763 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21818E0200/00C002 | Brussels | 348 m² | 1 · 176 m² | 12.8 m · 3 |