RAMFRED CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RAMFRED CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €17,167 and a net result of €5,585. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 19% of 9,849 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
- Equity
- €17,167
- Profit
- €5,585
- MORALES SIGCHA Braulio RamiroDirector
- PEÑA CABRERA Fredy AgustinDirector
Why 52raises riskLast filed accounts filed 61 days late; 3 of the last 3 lateFounded in 2018Sector: Specialised construction activities (NACE 43)Equity €17,167 (18.2% 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 20% on solvency, 14% on liquidity, 25% on profitability and 82% on growth.
The bankruptcy probability was computed on 30-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 80 days 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 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €3,279
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00541685.
2021 to 2025, 5 financial years 2019 to 2025, 6 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 164% above 2024 and is the highest result in the available series.
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 6,713 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
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,445 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 6,713 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 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,500 | - | €281 | €420 | €139 | - | - |
| Other operating charges640/8 | - | €844 | €357 | €1,439 | €18,552 | €1,793 | ▼ 90.3% |
| Gross operating margin9900 | €10,169 | €8,780 | €13,567 | -€243 | €23,884 | €15,492 | ▼ 35.1% |
| Operating profit (loss)9901 | €5,974 | €7,937 | €12,929 | -€2,103 | €5,192 | €13,700 | ▲ 164% |
| Financial income75/76B | - | - | - | - | €1 | €2 | ▲ 92.5% |
| Recurring financial income75 | - | - | - | - | €1 | €2 | ▲ 92.5% |
| Financial charges65/66B | - | €211 | €230 | €655 | €738 | €5,427 | ▲ 636% |
| Recurring financial charges65 | €22 | €211 | €230 | €655 | €738 | €5,427 | ▲ 636% |
| Profit (loss) for the period before taxes9903 | €5,951 | €7,725 | €12,699 | -€2,758 | €4,456 | €8,275 | ▲ 85.7% |
| Income taxes67/77 | €1,214 | - | €2,534 | €855 | €1,177 | €2,690 | ▲ 129% |
| Profit (loss) for the period9904 | €4,737 | €7,725 | €10,165 | -€3,613 | €3,279 | €5,585 | ▲ 70.3% |
| Profit (loss) for the period to be appropriated9905 | €4,737 | €7,725 | €10,165 | -€3,613 | €3,279 | €5,585 | ▲ 70.3% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €12,557 | €18,094 | €24,357 | €185,256 | €150,596 | €94,407 | ▼ 37.3% |
| Fixed assets21/28 | €3,500 | - | €560 | €139 | €363 | €363 | = |
| Tangible fixed assets22/27 | €3,500 | - | €560 | €139 | - | - | - |
| Furniture and vehicles24 | - | - | €560 | €139 | - | - | - |
| Financial fixed assets28 | - | - | - | - | €363 | €363 | = |
| Current assets29/58 | €9,057 | €18,094 | €23,797 | €185,116 | €150,233 | €94,044 | ▼ 37.4% |
| Amounts receivable within one year40/41 | €7,433 | €16,233 | €23,443 | €173,676 | €144,018 | €79,696 | ▼ 44.7% |
| Trade receivables40 | - | €12,886 | €7,954 | €170,816 | €139,273 | €73,433 | ▼ 47.3% |
| Other amounts receivable41 | - | €3,347 | €15,489 | €2,860 | €4,744 | €6,264 | ▲ 32.0% |
| Cash at bank and in hand54/58 | €1,464 | €1,861 | €22 | €11,271 | €1,157 | €7,693 | ▲ 565% |
| Deferred charges and accrued income490/1 | - | - | €332 | €170 | €5,058 | €6,655 | ▲ 31.6% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €12,557 | €18,094 | €24,357 | €185,256 | €150,596 | €94,407 | ▼ 37.3% |
| Equity10/15 | €7,237 | €1,751 | €11,917 | €8,304 | €11,582 | €17,167 | ▲ 48.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €4,737 | -€749 | €9,417 | €5,804 | €9,082 | €14,667 | ▲ 61.5% |
| Amounts payable17/49 | €5,320 | €16,343 | €12,440 | €176,952 | €139,014 | €77,240 | ▼ 44.4% |
| Amounts payable within one year42/48 | €5,320 | €16,343 | €12,440 | €176,952 | €139,014 | €63,109 | ▼ 54.6% |
| Trade debts44 | €4,106 | €5,631 | - | €158,283 | €123,259 | €53,071 | ▼ 56.9% |
| Suppliers440/4 | - | €5,631 | - | €158,283 | €123,259 | €53,071 | ▼ 56.9% |
| Taxes, remuneration and social security45 | - | €1,140 | €2,774 | €1,689 | €2,292 | €3,867 | ▲ 68.7% |
| Taxes450/3 | - | €900 | €2,534 | €1,689 | €2,292 | €3,867 | ▲ 68.7% |
| Remuneration and social security454/9 | - | €240 | €240 | - | - | - | - |
| Other amounts payable47/48 | - | €9,572 | €9,666 | €16,980 | €13,463 | €6,171 | ▼ 54.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €14,132 | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,737 | €7,725 | €10,165 | -€3,613 | €3,279 | €5,585 | ▲ 70.3% |
| + Depreciation and write-downs630 | €3,500 | - | €281 | €420 | €139 | - | - |
| Operating cash flow (approximation) | €8,237 | €7,725 | €10,446 | -€3,193 | €3,418 | €5,585 | ▲ 63.4% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€363 | €0 | - |
| Change in cash | - | - | -€1,839 | €11,249 | -€10,114 | €6,536 | - |
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 (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00541685 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00526715 |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00442250 |
| 31-12-2022 | micro format | 26-09-2023 | 2023-00468253 |
| 31-12-2021 | full format | 08-09-2022 | 2022-20422823 |
| 31-12-2019 | micro format | 17-03-2021 | 2021-07800214 |
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
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MORALES SIGCHA Braulio Ramiro |
|
| PEÑA CABRERA Fredy Agustin |
|
Owners and capital
Capital and shareholders
- 31-01-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
31-01
Gazette deed
Appointments: MORALES SIGCHA Braulio Ramiro (director) and PEÑA CABRERA Fredy Agustin (director)Capital conversion · Registered-office move · Amendment of the articles12 facts ▸
- General meeting, 28-12-2022
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, Eerste besluit” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Registered-office move, Vlaamse Gewest
- Amendment of the articles
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “aard van de andere effecten” (deed in Dutch)
- Director appointment, MORALES SIGCHA Braulio Ramiro (director)
- Director appointment, PEÑA CABRERA Fredy Agustin (director)
- Other provision, “ramfredconstruct@gmail.com, website/e-mailadres” (deed in Dutch)
- General meeting, “coördinatie van statuten opmaken en ondertekenen, Vierde besluit:Coördinatie” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 0707.806.525
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 |
| 21523B0939/00S083 | Brussels | 86 m² | 1 · 209 m² | 22.8 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle activiteiten die direct of indirect verband houden met het stoffeerders- en schildersbedrijf; Alle activiteiten die direct of indirect…” (deed in Dutch)
71 activities (deed in Dutch)
- Alle activiteiten die direct of indirect verband houden met het stoffeerders- en schildersbedrijf;
- Alle activiteiten die direct of indirect verband houden met het timmerbedrijf (vervaardiging eetkamers,woonkamers,slaapkamers en badkamers);
- Het algemene bouwbedrijf en de renovatie van onroerend goed;
- De installatie van parket en alle soorten vloeren;
- De montage van verplaatsbare wanden;de bekleding van wanden en vloeren,plafonds,metaal en niet-metaal,metaal en houten latten;
- De montage van scheidingswanden op basis van gips;de bekleding van wanden,plafonds,metalen,houten of metalen latten;
- Het plafond en cimentfabriek bedrijf;
- Het gipsplaten installatiebedrijf
- Pleister- en stukadoorsbedrijf,aanbrengen van gietvloeren
- Het schildersbedrijf;
- Het metsel- en betonbedrijf,bekistingen,wapening,enz;
- Het tegelzetbedrijf;
- Elektrische installatie:
- Beglazingsbedrijf;
- Sanitair en loodgieterij installatie;
- Installatie van gasverwarming per individueel toestel;
- Het bedrijf var zinıkwerk en metalen dakbedekking van constructies:
- Niet-metalen dakbedekkingsbedrijf voor gebouwen;
- Het waterdichtingsbedrijf voor gebouwen;
- Het bedrijf voor de vervaardiging en installatie van ijzer- en schrijnwerken (met inbegrip van kozijnen,deurerı,balustrades,trappen en luiken)
- Het metaalconstructiebedrijf in aluminium,staal en roestvrij staal
- Het dakbedekkirngsbedrijf en dakconstructies en alle soorten gevelbekleding
- Het sloopbedrijf;
- Het bouwbedrijf (ruwbouw en dakbedekking)
- Waterdicht maken en bekleden van gebouwen door asfalteren en bitumeren
- Thermisch en akoestisch isolatiebedrijf
- Het pleisteren,cementeren en alle andere pleisterwerkzaamheden
- Het bedrijf voor de vervaardiging en installatie van schrijnwerk en timmerwerk (met inbegrip van ramen en luiken) voor gebouwen.
- De vervaardiging en installatie van ramen en luiken van PVC en aluminium
- Het bedrijf voor de installatie van centrale verwarming met warm water en stoom
- Het installeren van ventilatie,heteluchtverwarming,airconditioning en industriële leidingen;
- Centrale verwarming installatie bedrijf;
- Het bedrijf van sanitaire installatie,gasverwarming en loodgieterij - zinkwerken
- Het plaatsen van glas in ramen,waarvan de uitvoering geen bijzondere goedkeuring behoeft op basis van een koninklijk besluit in het kader van de wet van 15 december 1970 op de uitoefening van beroepsactiviteiten in kleine en middelgrote ondernemingen.
- Sloop en groridverzet;
- Renovatie:
- Installatie,montage en demontage,onderhoud en reparatie van licht- en reclameborden;
- Steigers,liften,bouwmachines installatiebedrijven;
- Irivoer,uitvoer,verkoop en aankoop groothandel en detailhand van bouwmaterialen,gereedschap en bouwmachines;
- De onderneming kan alle bouwgereedschappen en -machines op lange of korte termijn verhuren bouwmachines;
- De huur van alle bouw- en ander materieel,waaronder steigers,bobcats,boormachines,schuurmachines,boormachines,mixers,ladders,aanhangwagens,slijpmachines,schrapers,hogedrukreinigers,decoupeerzagen,machines en materialeri voor constructie,plafond,vloer,muur,waterdicht maken,enz;
- Exploitatie van een speciale werkplaats in de metaalverwerkende industrie
- Reiniging,onderhoud en desinfectie van meubilair en andere voorwerpen,alsmede commerciële en industriële gebouwen,kantoren,evenals het reinigen van ramen;
- Onderhoud van parken en tuinen,alsmede ontsmetting en bestrijding van knaagdieren
- Schoonmaken van gevels;
- Het bedrijf van het bekleden van kroonlijsten in hout en P.V.C.
- Waterontharder installatiebedrijf bouw,afwerking,onderhoud en renovatie van gebouwen;
- De fabricage,aankoop,groot- of kleinhandel en algemene verkoop van materialen die nodig zijn voor de bouw of renovatie van gebouwen;
- De activiteit van tussenpersoon bij dergelijke operaties;
- Het opzetten,ontwikkelen en promoten van vastgoedprojecten:
- De uitvoering van rioleringswerkzaamheden:
- Het opzetten van kabels en diverse leidingen;
- Het bedrijf voor de aanleg van speelplaatsen en sportvelderı,parken en tuinen
- Het grondverzetbedrijf;
- Het bedrijf voor de bouw van demontabele paviljoerıs en niet-metalen barakken;
- Omheiningensbedrijf;
- Vervaardiging en installatie van sierhaarden (met uitzondering van marmerwerk,steerhouwen en mozaïekwerk);
- Het installeren van ijzerwerk,luiken en metalen en PVC schrijnwerk.
- Het reinigen en ontsmetten van huizen en lokalen,meubilair,stoffering en diverse voarwerpen;
- De schoorsteenvegerij;
- Het bedrijf voor het leggen van dekvloeren,valse plafonds en verwijderbare scheidingswariden;
- De industriële verfindustrie;
- Het vervaardigen en stofferen van niet-metalen meubelerı;
- Steigerirıstallatie,voegwerk en gevelreinigingsbedrijven;
- Parketbedrijf;
- De installatie,het onderhoud en de reparatie van alle branders;
- Het schoorımaken van alle gebouwen eri ramen;
- De renovatie van gebouwen,in de breedste zin van het woord;
- Verkoop,aankoop,invoer,uitvoer,onderhoud,reparatie,productie en installatie van hardware,verwarming,airconditioning,kamerpompen,koelruimtes,ventilatie,koeling en airconditioning apparatuur.
- Detailhandel in alle uitrusting die verbard houdt met haar activiteiten;
- Het bouwbedrijf zonder beperking van activiteit,die welke zouder worden gereglementeerd vanaf de erkenning,met inbegrip var de algemene bedrijf;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RAMFRED CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft kopers naar evenredigheid, oorspronkelijke bekendmaking of deskundige” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Volledig geplaatst of geen gebruik, orgaan dat tot uitgifte overgaat” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Statutenwijziging, algemene vergadering” (deed in Dutch)“Ontbinding op elk moment, algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar…” (deed in Dutch)